Practical Farmers of Iowa

“Practical farmers of iowa has two types of membership, regular membership and lifetime membership. Regular membership may be granted to any individual and entity that supports the mission and purpose of practical farmers of iowa, and only those whose membership fees have been paid shall be eligible. Lifetime membership is for either: 1) members of the initial board of directors, or 2) those who join at the lifetime membership level. Lifetime membership includes the rights and privileges granted to regular members in good standing without further dues or assessments.”

“Practical farmers of iowa members have the right to elect all members of the governing body.”

“Changes to certain documents proposed by the governing body, such as articles of incorporation or bylaws, require approval of the membership.”

“The prepared form 990 is prepared by an independent accounting firm and then reviewed and approved by the members of the governing body before the return is filed with the irs.”

“Annually all directors and employees complete and sign a statement disclosing interests that could give rise to conflicts. The signed statements are kept at the organization's administrative office. The organization's management reviews the statements to determine whether or not conflicts exist. Any person with a conflict is prohibited from participating in the governing body's discussions and decisions regarding the matter.”

“The directors annually conduct a performance review of the executive director and determine the executive director's compensation using data for the compensation paid by comparable organizations for similar positions. The discussions and decisions regarding the executive director's compensation are documented in the minutes of the meetings of the governing body. This process was last completed in 2024.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. The organization's annual financial statements are also available on the organization's website.”

“Other: program service expenses 8,766,492. Management and general expenses 158,882. Fundraising expenses 2,187. Total expenses 8,927,561.”

“Change in beneficial interest in assets held by a community foundation 96,687.”

“No changes from prior year.”