Civic Intelligence

Iowa Farm Bureau Federation

EIN 42-0685014 • 501(c)5 • Webster City, IA

Profile

To create a vibrant future for agriculture, farm families and their communities.

PO Box 250 644 1st St Ste 2Webster City, IA 50595

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

41st percentile

0.00x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.02x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Net Margin

72nd percentile

18%

Higher net margin than 72% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

22nd percentile

$80

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Asset Growth

38th percentile

2.6%

Faster asset growth than 38% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-3.3%

Faster revenue growth than 20% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,279,216

Up $32,630 (+2.6%) from 2023

Liabilities

Up

$3,537

Up $356 (+11%) from 2023

Net Assets

Up

$1,275,679

Up $32,274 (+2.6%) from 2023

Revenue

Down

$144,463

Down $4,974 (-3.3%) from 2023

Expenses

Down

$118,220

Down $10,017 (-7.8%) from 2023

Net Income

Up

$26,243

Up $5,043 (+24%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $220,181Liabilities 2011: $02011Assets 2012: $193,601Liabilities 2012: $2,6352012Assets 2013: $195,759Liabilities 2013: $3,2442013Assets 2014: $195,453Liabilities 2014: $3,1902014Assets 2015: $189,672Liabilities 2015: $5,3572015Assets 2016: $181,886Liabilities 2016: $5,0502016Assets 2017: $165,738Liabilities 2017: $4,0652017Assets 2018: $141,117Liabilities 2018: $6,9502018Assets 2019: $126,159Liabilities 2019: $5,0272019Assets 2020: $180,914Liabilities 2020: $2,271Net Assets 2020: $178,6432020Assets 2021: $219,479Liabilities 2021: $2,478Net Assets 2021: $217,0012021Assets 2022: $1,214,890Liabilities 2022: $4,322Net Assets 2022: $1,210,5682022Assets 2023: $1,246,586Liabilities 2023: $3,181Net Assets 2023: $1,243,4052023Assets 2024: $1,279,216Liabilities 2024: $3,537Net Assets 2024: $1,275,6792024

Highlighted filing

2024

Assets$1,279,216
Liabilities$3,537
Net Assets$1,275,679

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $104,875Expenses 2011: $111,601Net Income 2011: -$6,7262011Revenue 2012: $133,377Expenses 2012: $143,262Net Income 2012: -$9,8852012Revenue 2013: $118,155Expenses 2013: $118,868Net Income 2013: -$7132013Revenue 2014: $130,157Expenses 2014: $129,292Net Income 2014: $8652014Revenue 2015: $126,789Expenses 2015: $132,283Net Income 2015: -$5,4942015Revenue 2016: $142,597Expenses 2016: $151,154Net Income 2016: -$8,5572016Revenue 2017: $160,690Expenses 2017: $180,501Net Income 2017: -$19,8112017Revenue 2018: $166,986Expenses 2018: $186,199Net Income 2018: -$19,2132018Revenue 2019: $149,951Expenses 2019: $169,347Net Income 2019: -$19,3962019Revenue 2020: $175,872Expenses 2020: $121,311Net Income 2020: $54,5612020Revenue 2021: $159,881Expenses 2021: $124,475Net Income 2021: $35,4062021Revenue 2022: $1,146,507Expenses 2022: $133,814Net Income 2022: $1,012,6932022Revenue 2023: $149,437Expenses 2023: $128,237Net Income 2023: $21,2002023Revenue 2024: $144,463Expenses 2024: $118,220Net Income 2024: $26,2432024

Highlighted filing

2024

Revenue$144,463
Expenses$118,220
Net Income$26,243

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$0.14$0.12$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.24$0.15$0.13$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$1.15$0.13$1.01
2021Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.16$0.12$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.18$0.12$0.05
2019Summary only. Only limited summary data is available for this year.$0.13$0.01$0.15$0.17$0.02
2018Summary only. Only limited summary data is available for this year.$0.14$0.01$0.17$0.19$0.02
2017Summary only. Only limited summary data is available for this year.$0.17$0.00$0.16$0.18$0.02
2016Summary only. Only limited summary data is available for this year.$0.18$0.01$0.14$0.15$0.01
2015Summary only. Only limited summary data is available for this year.$0.19$0.01$0.13$0.13$0.01
2014Summary only. Only limited summary data is available for this year.$0.20$0.00$0.13$0.13$0.00
2013Summary only. Only limited summary data is available for this year.$0.20$0.00$0.12$0.12$0.00
2012Summary only. Only limited summary data is available for this year.$0.19$0.00$0.13$0.14$0.01
2011Summary only. Only limited summary data is available for this year.$0.22$0.00$0.10$0.11$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 21, 2025
Return Version
2024v5.2
Gross Receipts
$146,654
Mission and Program Overview

Mission

To create a vibrant future for agriculture, farm families and their communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,026,012$1,026,939▲ $927
Investments in Publicly Traded Securities$106,271$176,114▲ $69,843
Savings and Temporary Cash Investments$107,516$70,283▼ $37,233
Accounts Receivable$6,762$5,855▼ $907
Cash and Non-Interest-Bearing Accounts$25$25→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,246,586$1,279,216▲ $32,630
Liabilities
Accounts Payable and Accrued Expenses$3,181$3,537▲ $356
Total Liabilities$3,181$3,537▲ $356
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,243,405$1,275,679▲ $32,274
Total Net Assets Fund Balance$1,243,405$1,275,679▲ $32,274
Total Liabilities and Net Assets / Fund Balance$1,246,586$1,279,216▲ $32,630

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$2,910$2,910
Land$0--
Other Securities$995,176--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,035,200-▲ $55,670$25,215$1,065,494
2023$1,006,715-▲ $53,223$24,600$1,035,200
2022$0$995,176▲ $11,539-$1,006,715
Compensation and Service Providers

Employees

NameTitleOtherTotal
Robert MaassDirector$80$80
Brian YoungVoting Delegate$40$40
Mark TapperVice President$40$40
Randy GreufePresident$40$40
Wyatt SaeuglingSecretary/Treasurer$40$40
Aaron FopmaDirector$40$40
Andy BurtonDirector$40$40
Brandon YoungDirector$40$40
Jerry KlaverDirector$40$40
Kevin JansDirector$40$40
Larry SharerDirector$40$40
Nick LarsonDirector$40$40
Stacy YoungDirector$40$40

Board Members and Trustees

NameTitle
Leah MaassDirector
Tom DinsdaleDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$15,379
Program Service Revenue
$42,840
Investment Income
$32,708
Other Revenue
$53,536
Change in Net Assets
$26,243
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$63,928
Salaries, Compensation, and Employee Benefits$48,692
Grants and Similar Amounts Paid$5,600
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$0$0$0$44,412
Payments to Affiliates$0$0$0$23,562
Occupancy$0$0$0$11,138
Office Expenses$0$0$0$6,071
Conferences and Meetings$0$0$0$5,677
Travel$0$0$0$4,410
Grants to Domestic Orgs$0--$3,600
Payroll Taxes$0$0$0$3,443
Advertising$0$0$0$2,147
Grants to Domestic Individuals$0--$2,000
Fees for Services Accounting$0$0$0$1,321
Fees for Services Management$0$0$0$1,071
Insurance$0$0$0$940
Fees for Service Investment Mgmnt Fees$0$0$0$630
Current Officers, Directors, Trustees, and Key Employees$0$0$0$560
Other Employee Benefits$0$0$0$277
Other Expenses$0$0$0$270
Total Functional Expenses$0$0$0$118,220
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Iowa Farm Bureau Federation
EIN
42-0685014
Phone
5158323481
Address
PO Box 250 644 1st St Ste 2, Webster City, IA 50595
Doing Business As
Hamilton County Farm Bureau

Signing Officer

Name
Randy Greufe
Title
President
Phone
5158323481
Signed
2025-10-21
Discuss with paid preparer
Yes

Organization Details

Formed
1917
Legal Domicile
Ia
Voting Board Members
15
Independent Board Members
15
Employees
2
Volunteers
18

Preparer

Firm
Iowa Farm Bureau Federation
Address
5400 University Ave, West Des Moines, IA 50266
Preparer
Timothy Bigley
Phone
5152255400
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

The organization has members. Any person may be a county Farm Bureau member. All county Farm Bureau members have voting rights and the same access to member benefits.

Pt VI, Line 7A

The organizations members elect the Board of Directors.

Pt VI, Line 7B

Certain rights are reserved to members of the organization, including: 1) elect the Board of Directors, including the voting delegate to the Iowa Farm Bureau Federation, 2) adopt amendments to the Articles of Incorporation, and 3) adopt amendments to those bylaws designated as member bylaws.

Pt VI, Line 11B

Management reviews the documents and presents the return to all members of the governing body. Following final board approval, the return is signed by an officer and submitted to the IRS.

Pt VI, Line 12C

On an annual basis, all officers, directors, and key employees are required to sign a statement which affirms that they have: 1) received a copy of the conflict of interest policy, 2) read and understood the policy, 3) agreed to comply with the policy, 4) understand that the Organization is tax-exempt and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish its tax-exempt purpose. A sub-committee, comprised of non-conflicted Board of Directors, annually receives all conflict of interest information, reviews, and determines if there are conflicts of interest. The committee then reports its findings back to the Board.

Pt VI, Line 19

The Organization does not make its governing documents, conflict of interest policy, or financial statements available for public inspection. Pursuant to state law, some documents may be available to members.

Other

Part III, Line 4a - Agricultural and Membership Promotion - The company promoted agriculture to the general public and its members throughout the year. Our leaders promote agriculture through media outlet interviews and placing advertisements in local newspapers on agriculture topics. Funds are spent on local activities and promotion of agriculture and on public relations events to positively promote agriculture, including promotions for corn production, beef, pork, and other agricultural commodities, and to raise awareness of modern agricultural practices. A cooperative program is also held with the media to celebrate Ag Week with a neighboring county. The company promoted agriculture through sponsorship of in-person education programs on crops and marketing and sponsorship of events at the county fair for the general public.

Other

Part III, Line 4b - Agricultural Education - The company spends time educating the public and youth about Iowas agriculture and the agricultural economy. The company works with community partners to host an event informing the non-farm public to raise awareness of the impact of agriculture on the local economy. The event features an educational speaker. The company partners with FFA students on leadership projects that impact the community. The company awards deserving college freshmen by offering scholarship funds. Funds went to educate young farmers and engage that demographic in the work of the company. The company utilized staff and volunteers to educate in youth entrepreneurial education programs, career days, Ag in the Classroom presentations, STEM programs, and other classroom programs in our elementary and middle schools.

Other

Part III, Line 4c - Public Policy - The company functions as a grassroots support network for engaging in public policy education and communications affecting their membership. Throughout the year, legislative town halls are attended to advocate for agriculture. A member survey is distributed to members to obtain thoughts and opinions on issues affecting them. Legislative meetings and policy education sessions were hosted for members throughout the season through face-to-face connections and contacts. Educational training was held to help our members understand issues facing agriculture today, along with input sessions on policy issues.

Pt VI, Line 2

Stacy Young, Brian Young and Brandon Young have a family relationship. Robert Maass and Leah Maass have a family relationship.

Financial Statement Notes

Pt V, Line 4

The Board designated funds are invested in a diversified portfolio that will provide a source of investment income to support the Organizations programs on a long-term basis.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Voting Delegate
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
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IRS990/ProgSrvcAccomActy3Grp/Desc0See Schedule O.
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0FBL Deferred Annuity Investment
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Board designated funds are invested in a diversified portfolio that will provide a source of investment income to support the Organizations programs on a long-term basis.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization has members. Any person may be a county Farm Bureau member. All county Farm Bureau members have voting rights and the same access to member benefits.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organizations members elect the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Certain rights are reserved to members of the organization, including: 1) elect the Board of Directors, including the voting delegate to the Iowa Farm Bureau Federation, 2) adopt amendments to the Articles of Incorporation, and 3) adopt amendments to those bylaws designated as member bylaws.

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