Form990


Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
A For the 2023 calendar year, or tax year beginning 11-01-2023 , and ending 10-31-2024
BCheck if applicable:
CName of organization
IOWA FARM BUREAU FEDERATION
 
 
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
5400 UNIVERSITY AVE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WEST DES MOINES, IA50266
D Employer identification number

42-0331840
E Telephone number

G Gross receipts $ 131,353,350
F Name and address of principal officer:
MARTY SCHWAGER
5400 UNIVERSITY AVE
WEST DES MOINES,IA50266
I
Tax-exempt status: ( 5 ) (insert no.) or
J
Website:
WWW.IOWAFARMBUREAU.COM
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. See instructions.
H(c)
Group exemption number 0626
K Form of organization:  
L Year of formation: 1918
M State of legal domicile: IA
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: TO CREATE A VIBRANT FUTURE FOR AGRICULTURE, FARM FAMILIES AND THEIR COMMUNITIES.
2 Check this box
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 11
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 10
5 Total number of individuals employed in calendar year 2023 (Part V, line 2a) ...... 5 68
6 Total number of volunteers (estimate if necessary) ............. 6 0
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 3,394,174
b Net unrelated business taxable income from Form 990-T, Part I, line 11 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 110,346 128,567
9 Program service revenue (Part VIII, line 2g) ......... 6,947,641 7,395,746
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 50,505,669 32,359,104
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 7,700,336 9,638,403
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 65,263,992 49,521,820
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 48,145,205 2,807,387
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 8,059,738 8,281,843
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 47,636 43,749
b Total fundraising expenses (Part IX, column (D), line 25) 0    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 23,372,888 23,325,030
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 79,625,467 34,458,009
19 Revenue less expenses. Subtract line 18 from line 12....... -14,361,475 15,063,811
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 1,712,183,129 1,848,760,628
21 Total liabilities (Part X, line 26)............. 20,332,822 24,743,414
22 Net assets or fund balances. Subtract line 21 from line 20..... 1,691,850,307 1,824,017,214
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
Signature of officer Date
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name

Firm's EIN
Firm's address



Phone no.
May the IRS discuss this return with the preparer shown above? See Instructions. ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2023)
Form 990 (2023)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III..............
1
Briefly describe the organization’s mission: TO CREATE A VIBRANT FUTURE FOR AGRICULTURE, FARM FAMILIES AND THEIR COMMUNITIES.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
MARKETING AND COMMUNICATIONS - NEWS SERVICE ISSUES THE WEEKLY PUBLICATION, IOWA FARM BUREAU SPOKESMAN, WHICH IS THE PRIMARY COMMUNICATIONS VEHICLE BETWEEN STATE AND COUNTY LEADERS AND FARMING MEMBERS PROVIDING REPORTS ON FARM BUREAU POLICY IMPLEMENTATION AND REGULATORY ISSUES AS WELL AS STATE, NATIONAL AND INTERNATIONAL AGRICULTURE NEWS. ALSO PUBLISHED IS A BI-MONTHLY MAGAZINE, FAMILY LIVING, DISTRIBUTED TO AG-SUPPORTING MEMBERS. APPROXIMATELY 130,000 MEMBERS BENEFITED FROM BOTH PUBLICATIONS. ADDITIONALLY, A WEEKLY E-NEWSLETTER FOR MEMBER LEADERS, THE DIRT, IS ALSO PUBLISHED BY NEWS SERVICES BENEFITTING OVER 900 MEMBERS EACH WEEK. THE SPOKESMAN SPEAKS IS A FARMER-FOCUSED PODCAST THAT HAS OVER 70,000 UNIQUE DOWNLOADS ON USEFUL FARM TRENDS AND TIPS SINCE ITS INCEPTION. THE TEAM ALSO PRODUCES A SEMI-ANNUAL CONSUMER E-NEWSLETTER, THE IOWA DISH, WITH A SUBSCRIBER BASE OF MORE THAN 79,000 SUBSCRIBERS FEATURING FARM AND FOOD NEWS. MARKETING FOCUSES ON MEMBER RETENTION AND ACQUISITION THROUGH VARIOUS MEDIUMS INCLUDING VIDEO, ADVERTISING, PRINT, RADIO, MULTI-MEDIA AND WEB MARKETING. THE TEAM MARKETS FARM BUREAU BENEFITS, SERVICES, POLICY POSITIONS AND PROGRAMS TO THE MEMBERSHIP AS WELL AS THE PUBLIC AND OVERSEES THE ORGANIZATION'S BRAND. THEY ALSO MANAGE RELATIONSHIPS WITH MEMBER BENEFIT PARTNERS AND COORDINATE PARTNER PROMOTIONS. KEY EVENTS INCLUDE THE IOWA STATE FAIR, FFA, OUTREACH EFFORTS WITH THE UNIVERSITY OF IOWA THROUGH OUR ANF PARTNERSHIP AND IOWA STATE UNIVERSITY THROUGH OUR FARM STRONG PARTNERSHIP, AMONG NUMEROUS OTHER PARTNERSHIPS. COMBINED, PARTNER PROMOTIONS REACHED OVER TWO MILLION CONSUMERS WITH FARMING AND FARM BUREAU INFORMATION. PUBLIC RELATIONS STRATEGICALLY COMMUNICATES FARM BUREAU POLICY AND AGRICULTURAL ISSUES TO KEY ORGANIZATIONAL STAKEHOLDERS, INCLUDING: MEMBERS, EMPLOYEES, ELECTED LEADERS, MEMBERS OF THE NEWS MEDIA, INFLUENCERS AND THE GENERAL PUBLIC. THE TEAM CONDUCTS MESSAGE, MEDIA AND COMMUNICATIONS TRAINING FOR MEMBERS, TRAINING OVER 120 LAST YEAR. THE TEAM ALSO MANAGED MEDIA RELATION EFFORTS, COORDINATING 207 MEDIA INTERVIEWS RESULTING IN NEARLY 1,767 PLACEMENTS WITH A REACH OF OVER 15 MILLION. THE DIGITAL MARKETING DEPARTMENT PROVIDES STRATEGIC OUTREACH THROUGH ONLINE (WEB-BASED) AND SOCIAL MEDIA PLATFORMS (FACEBOOK, INSTAGRAM, TWITTER, SNAPCHAT, ETC.) TO ENGAGE, DEVELOP, MAINTAIN AND EXPAND RELEVANT AND IMPACTFUL DIALOGUES WITH KEY AUDIENCES. OVER 156,000 MEMBERS BENEFITED FROM THESE PROGRAMS.
4b (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
FIELD SERVICE - WORK WITH 100 COUNTY FARM BUREAUS AND THEIR VOLUNTEER LEADERS AROUND THE STATE TO IMPLEMENT PROGRAMS, ACTIVITIES AND POLICIES THAT BENEFIT MEMBERS AND THE ORGANIZATION IN GENERAL. THIS IS ACCOMPLISHED BY DEVELOPMENT AND DELIVERY OF TRAINING PROGRAMS FOR COUNTY BOARDS OF DIRECTORS AND THEIR EXECUTIVE BOARDS AS WELL AS KEY COUNTY COMMITTEE MEMBERS. THESE PROGRAMS ENHANCE LEADERSHIP SKILLS AND STIMULATE DEVELOPMENT OF FUTURE LEADERS FOR FARM BUREAU, AGRICULTURE, AND RURAL IOWA. THE MEMBER EDUCATION PROGRAMS, SUCH AS REGULARLY SCHEDULED WEBINARS AND IN-PERSON CONFERENCES, HELP MEMBERS ACROSS THE STATE WITH THEIR BUSINESS SUCCESSION AND TRANSITION CHALLENGES, RISK MANAGEMENT STRATEGIES AND BUSINESS DEVELOPMENT DECISIONS. THE EDUCATIONAL PROGRAMS ALSO ASSIST FARMERS AND YOUNG FARMERS TO BEGIN NEW FARM BUSINESSES, ASSISTS FARMERS TO IMPROVE THEIR EXISTING FARM AND BUSINESS MANAGEMENT SKILLS AND IMPROVE NET FARM INCOME.
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
GOVERNMENT RELATIONS - WORK WITH VOLUNTEER AGRICULTURAL LEADERS TO INFLUENCE PUBLIC POLICY DECISIONS AT THE COUNTY, STATE AND NATIONAL LEVELS. PROVIDES INFORMATION, EDUCATION, AND ADVOCACY OPPORTUNITIES ABOUT ISSUES AFFECTING FARMERS AND OTHER RURAL IOWANS. OVER 156,000 MEMBERS BENEFITED.
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expenses  
Form 990 (2023)
Form 990 (2023)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A.....................
1
 
No
2
Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. Click to see attachment
List of Attached Documents:
// Content
...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part IClick to see attachment
List of Attached Documents:
// Content
.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........
4
 
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part IIIClick to see attachment
List of Attached Documents:
// Content
..
5
Yes
 
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment
List of Attached Documents:
// Content
.........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part IIClick to see attachment
List of Attached Documents:
// Content
....
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part IIIClick to see attachment
List of Attached Documents:
// Content
..............
8
 
No
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment
List of Attached Documents:
// Content
..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V......
10
Yes
 
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment
List of Attached Documents:
// Content
...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment
List of Attached Documents:
// Content
.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIIClick to see attachment
List of Attached Documents:
// Content
.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment
List of Attached Documents:
// Content
............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
List of Attached Documents:
// Content
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment
List of Attached Documents:
// Content
11f
 
No
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XIIClick to see attachment
List of Attached Documents:
// Content
......................
12a
Yes
 
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
List of Attached Documents:
// Content
12b
 
No
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........Click to see attachment
List of Attached Documents:
// Content
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....Click to see attachment
List of Attached Documents:
// Content
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...Click to see attachment
List of Attached Documents:
// Content
16
 
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....Click to see attachment
List of Attached Documents:
// Content
17
Yes
 
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............ Click to see attachment
List of Attached Documents:
// Content
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................Click to see attachment
List of Attached Documents:
// Content
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....Click to see attachment
List of Attached Documents:
// Content
21
Yes
 
Form 990 (2023)
Form 990 (2023)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........Click to see attachment
List of Attached Documents:
// Content
22
Yes
 
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
List of Attached Documents:
// Content
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
 
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....
25a
 
 
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................
25b
 
 
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part IIClick to see attachment
List of Attached Documents:
// Content
...........
26
 
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L, Part IIIClick to see attachment
List of Attached Documents:
// Content
.........................
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................Click to see attachment
List of Attached Documents:
// Content
28a
 
No
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....Click to see attachment
List of Attached Documents:
// Content
28b
 
No
c
A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................
28c
Yes
 
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............Click to see attachment
List of Attached Documents:
// Content
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
List of Attached Documents:
// Content
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...Click to see attachment
List of Attached Documents:
// Content
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............
36
 
 
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VIClick to see attachment
List of Attached Documents:
// Content
37
 
No
38
Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..
1a
208
b
Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
Form 990 (2023)
Form 990 (2023)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
68
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
 
No
b
If "Yes," enter the name of the foreign country:
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
 
 
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
 
 
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
 
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
 
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
 
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.
15
Yes
 
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
No
17
Section 501(c)(21) organizations. Did the trust, or any disqualified or other person engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.
17
 
 
Form 990 (2023)
Form 990 (2023)
Page 6
Part VI
Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
11
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
10
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
Yes
 
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .
4
Yes
 
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
Yes
 
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
Yes
 
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
Yes
 
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
Yes
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
Yes
 
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
Yes
 
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filed
18
Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
TIM BIGLEY CFO5400 UNIVERSITY AVE   WEST DES MOINES,IA50266 (515) 225-5400
Form 990 (2023)
Form 990 (2023)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) RANDY BRINCKS......................................................................
DISTRICT 1 DIRECTOR
 18.00
.................
  		X           55,749 0 0
(2) ANDY HILL......................................................................
DISTRICT 2 DIRECTOR
 18.00
.................
  		X           52,950 0 0
(3) MATT SCHUITEMAN......................................................................
DISTRICT 3 DIRECTOR
 18.00
.................
  		X           60,800 0 0
(4) BRENT JOHNSON......................................................................
PRESIDENT
 20.00
.................
30.00 		X   X       0 375,278 40,473
(5) JOE DIERICKX......................................................................
DISTRICT 6 DIRECTOR
 18.00
.................
  		X           55,064 0 0
(6) RICK PLOWMAN......................................................................
DISTRICT 7 DIRECTOR
 18.00
.................
  		X           54,895 0 0
(7) TIM KALDENBERG......................................................................
DISTRICT 8 DIRECTOR
 18.00
.................
  		X           52,498 0 0
(8) WILL FRAZEE......................................................................
DISTRICT 9 DIRECTOR
 18.00
.................
  		X           69,520 0 0
(9) BRIAN FELDPAUSCH......................................................................
VICE PRESIDENT
 18.00
.................
  		X           74,267 0 0
(10) SHARYL BRUNING......................................................................
DISTRICT 4 DIRECTOR
 18.00
.................
  		X           50,397 0 0
(11) ALLEN BURT......................................................................
DISTRICT 5 DIRECTOR
 18.00
.................
  		X           51,238 0 0
(12) JAMES GARDNER......................................................................
FORMER CHIEF FINANCIAL OFFICER
 30.00
.................
20.00 		    X       0 491,339 1,988,551
(13) MARTY SCHWAGER......................................................................
EXECUTIVE DIRECTOR/SECRETA
 20.00
.................
30.00 		    X       0 731,475 364,444
(14) MARK WICKHAM......................................................................
GENERAL COUNSEL
 30.00
.................
30.00 		    X       0 592,430 71,943
(15) TIMOTHY BIGLEY......................................................................
CHIEF FINANCIAL OFFICER
 30.00
.................
20.00 		    X       0 220,929 70,048
(16) CHAD BISHOP......................................................................
DIRECTOR, INFORMATION RESO
 25.00
.................
25.00 		      X     0 294,982 44,104
(17) SARA PAYNE......................................................................
CHIEF MKTG & COMMUNICATION
 40.00
.................
  		      X     0 441,018 48,318
Form 990 (2023)
Form 990 (2023)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) RYAN STEINFELDT........................................................................
DIRECTOR, FIELD SERVICE
 40.00
.......................   		      X     0 217,722 39,705
(19) MATT STEINFELDT........................................................................
DIRECTOR, GOVERNMENT RELAT
 38.00
.......................2.00 		      X     0 230,867 29,506
(20) KARL OLSON........................................................................
ASSISTANT GENERAL COUNSEL
 20.00
.......................20.00 		        X   0 291,273 99,370
(21) DANA ARDARY........................................................................
MARKETING MANAGER
 40.00
.......................   		        X   202,067 0 24,670
(22) ALEX MONTZ........................................................................
VP ASSISTANT GENERAL COUNSEL
 20.00
.......................20.00 		        X   0 235,472 40,154
(23) CHRISTINA GRUENHAGEN........................................................................
SR GOVERNMENT RELATIONS COUNSEL
 40.00
.......................0.00 		        X   200,328 0 1,139,623
(24) ERIN SWALWELL........................................................................
SR COUNSEL ADVANCED MARKETS
 20.00
.......................30.00 		        X   0 186,995 31,505
(25) EDWARD PARKER........................................................................
FORMER GENERAL COUNSEL
 0.00
.......................0.00 		          X 0 113,386 10,961










1b Sub-Total..............
c Total from continuation sheets to Part VII, Section A..
d Total (add lines 1b and 1c)......... 979,773 4,423,166 4,043,375
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 25
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
ITA GROUP

4800 WESTOWN PARKWAY STE 300
WEST DES MOINES,IA50266 		TRAVEL SERVICES 699,780
DECISION INNOVATION SOLUTIONS LLC

109TH ST STE B
URBANDALE,IA50322 		ECON & RESEARCH SERVICES 444,964
TIMES CITIZENS COMMUNICATIONS

PO BOX 670
IOWA FALLS,IA50126 		MGM & PRINTG OF PUBS 409,821
BOW AND ARROW

820 PRAIRIE ST
ADEL,IA50003 		MARKETING PROD SVC 331,913
EXPLORATIONS BY THOR

PO BOX 22332
LEXINGTON,KY40522 		TRAVEL SERVICES 151,601
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 6
Form 990 (2023)
Form 990 (2023)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, Grants, and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c  
d Related organizations1d  
e Government grants (contributions)1e  
f All other contributions, gifts, grants, and similar amounts not included above1f 128,567
g Noncash contributions included in lines 1a - 1f:$ 1g  
h Total. Add lines 1a-1f....... 128,567
Program Service RevenueAmt Business Code
2a MEMBERSHIP DUES 900099 3,522,237 3,522,237    
b PUBLICATION REVENUE 513120 3,083,745 329,797 2,753,948  
c RECOVERY OF EXP. OTHER ENTITIES 561000 376,617 376,617    
d PROGRAM SERVICE TRIP RECOVERIES 900099 233,218 233,218    
e EVENT REGISTRATIONS 900099 83,703 83,703    
f All other program service revenue. 96,226 77,000 19,226  
g Total. Add lines 2a–2f ..... 7,395,746
OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ...... 42,168,918     42,168,918
4 Income from investment of tax-exempt bond proceeds        
5 Royalties........... 9,067,177   621,000 8,446,177
(i) Real (ii) Personal
6a Gross rents 6a    
b Less: rental expenses 6b    
c Rental income or (loss) 6c    
d Net rental income or (loss).......        
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 7a 23,236,844 48,779,876
b Less: cost or other basis and sales expenses 7b 20,826,534 61,000,000
c Gain or (loss) 7c 2,410,310 -12,220,124
d Net gain or (loss)......... -9,809,814     -9,809,814
8a Gross income from fundraising events (not including $   of contributions reported on line 1c). See Part IV, line 18 ....
8a  
b Less: direct expenses ... 8b  
c Net income or (loss) from fundraising events..      
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a  
b Less: direct expenses ... 9b  
c Net income or (loss) from gaming activities..        
10a Gross sales of inventory, less
returns and allowances ..
10a 3,446
b Less: cost of goods sold .. 10b 4,996
c Net income or (loss) from sales of inventory.. -1,550 -1,550    
OtherRevenueMiscAmt
Business Code
11a PENSION PLAN RELATED CHANGES 900099 511,887 511,887    
b OTHER REVENUE 900099 60,889 60,889    
c            
d All other revenue ....        
e Total. Add lines 11a–11d ...... 572,776
12 Total revenue. See instructions..... 49,521,820 5,193,798 3,394,174 40,805,281
Form 990 (2023)
Form 990 (2023)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising
expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 .... 2,564,637  
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ........... 242,750  
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............    
4 Benefits paid to or for members .......    
5 Compensation of current officers, directors, trustees, and key employees ........... 526,314      
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........        
7 Other salaries and wages........ 5,885,584      
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 392,604      
9 Other employee benefits ....... 1,034,662      
10 Payroll taxes ........... 442,679      
11 Fees for services (non-employees):        
a Management ...... 1,106,057      
b Legal ......... 652,542      
c Accounting ........... 3,573,474      
d Lobbying ...........        
e Professional fundraising services. See Part IV, line 17 43,749  
f Investment management fees ...... 648,142      
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 1,899,638      
12 Advertising and promotion .... 2,842,505      
13 Office expenses ....... 487,122      
14 Information technology ...... 2,225,613      
15 Royalties ..        
16 Occupancy ........... 1,078,049      
17 Travel ............ 998,647      
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings .... 3,422,673      
20 Interest ...........        
21 Payments to affiliates ....... 797,670      
22 Depreciation, depletion, and amortization ..        
23 Insurance ... 183,618      
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a PUBLICATIONS 3,310,247      
b BANK CHARGES 172,721      
c DUES AND SUBSCRIPTIONS 147,632      
d INCOME TAX BENEFIT -403,854      
e All other expenses 182,534      
25 Total functional expenses. Add lines 1 through 24e 34,458,009      
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).        
Form 990 (2023)
Form 990 (2023)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ........ 39,858 1 27,279
2 Savings and temporary cash investments ......... 31,041,631 2 34,928,069
3 Pledges and grants receivable, net ......   3  
4 Accounts receivable, net ............. 9,733,067 4 9,062,507
5 Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
  5  
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
  6  
7 Notes and loans receivable, net ...........   7  
8 Inventories for sale or use ............ 190,701 8 189,386
9 Prepaid expenses and deferred charges ...... 1,129,050 9 1,347,537
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 235,719
b Less: accumulated depreciation 10b 79,773 155,946 10c 155,946
11 Investments—publicly traded securities . 369,402,914 11 447,853,352
12 Investments—other securities. See Part IV, line 11 ..... 1,292,621,267 12 1,346,344,275
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ........... 7,868,695 15 8,852,277
16 Total assets. Add lines 1 through 15 (must equal line 33)... 1,712,183,129 16 1,848,760,628
Liabilities 17 Accounts payable and accrued expenses ..... 2,653,011 17 2,922,633
18 Grants payable ... 3,177,500 18 2,298,000
19 Deferred revenue ......... 1,912,167 19 1,893,421
20 Tax-exempt bond liabilities .........   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D   21  
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
  22  
23 Secured mortgages and notes payable to unrelated third parties ..   23  
24 Unsecured notes and loans payable to unrelated third parties ..   24  
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D 12,590,144 25 17,629,360
26 Total liabilities. Add lines 17 through 25.. 20,332,822 26 24,743,414
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions .......... 1,691,850,307 27 1,824,017,214
28 Net assets with donor restrictions ...........   28  
Organizations that do not follow FASB ASC 958, check here right arrow and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds .....   29  
30 Paid-in or capital surplus, or land, building or equipment fund ...   30  
31 Retained earnings, endowment, accumulated income, or other funds   31  
32 Total net assets or fund balances ........... 1,691,850,307 32 1,824,017,214
33 Total liabilities and net assets/fund balances ........ 1,712,183,129 33 1,848,760,628
Form 990 (2023)
Form 990 (2023)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
49,521,820
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
34,458,009
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
15,063,811
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
1,691,850,307
5
Net unrealized gains (losses) on investments ...............
5
117,103,096
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
0
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
1,824,017,214
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII.............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
 
No
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform Guidance, 2 C.F.R. Part 200, Subpart F?
3a
 
No
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
 
 
Form 990 (2023)
Form 990 (2023)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
IOWA FARM BUREAU FEDERATION
 
Employer identification number

42-0331840
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
IOWA FARM BUREAU FEDERATION
  		Employer identification number
42-0331840
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
 
 
 
 
  ,    

$ RESTRICTED


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
IOWA FARM BUREAU FEDERATION
  		Employer identification number

42-0331840
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
IOWA FARM BUREAU FEDERATION
  		Employer identification number

42-0331840
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


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SCHEDULE C
(Form 990)

Department of the Treasury
Internal Revenue Service
Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527

right arrow Complete if the organization is described below. right arrow Attach to Form 990 or Form 990-EZ.
right arrowGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public
Inspection
If the organization answered "Yes" on Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" on Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" on Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then
Round Bullet Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of the organization
IOWA FARM BUREAU FEDERATION
 
Employer identification number

42-0331840
Part I-A
Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1
Provide a description of the organization’s direct and indirect political campaign activities in Part IV. See instructions for definition of “political campaign activities."

2
Political campaign activity expenditures. See instructions ....................................................................right arrow
$  
3
Volunteer hours for political campaign activities. See instructions ..................................................................
 

Part I-B
Complete if the organization is exempt under section 501(c)(3).
1
Enter the amount of any excise tax incurred by the organization under section 4955 ................................right arrow
$  
2
Enter the amount of any excise tax incurred by organization managers under section 4955 .......................right arrow
$  
3
If the organization incurred a section 4955 tax, did it file Form 4720 for this year? .........................................
4a
Was a correction made? ......................................................................................................................
b
If "Yes," describe in Part IV.
Part I-C
Complete if the organization is exempt under section 501(c), except section 501(c)(3).
1
Enter the amount directly expended by the filing organization for section 527 exempt function activities ..... right arrow
$  
2
Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ............................................................................................................................right arrow

$  
3
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b...........right arrow

$  
4
Did the filing organization file Form 1120-POL for this year? ...................................................................
5
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
1
2
3
4
5
6
For Paperwork Reduction Act Notice, see the instructions for Form 990.
Cat. No. 50084S
Schedule C (Form 990) 2022

Schedule C (Form 990) 2022
Page 2
Part II-A
Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).
A Check right arrowexpenses, and share of excess lobbying expenditures).
B Check right arrow
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.) 		(a) Filing
organization's
totals 		(b) Affiliated group totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ......................    
b Total lobbying expenditures to influence a legislative body (direct lobbying) ........................    
c Total lobbying expenditures (add lines 1a and 1b) ............................................................    
d Other exempt purpose expenditures ...............................................................................    
e Total exempt purpose expenditures (add lines 1c and 1d) ..................................................    
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.		    
If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
Not over $500,00020% of the amount on line 1e.
Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
Over $17,000,000$1,000,000.
g Grassroots nontaxable amount (enter 25% of line 1f) .................................................    
h Subtract line 1g from line 1a. If zero or less, enter -0-. ................................................    
i Subtract line 1f from line 1c. If zero or less, enter -0-. ................................................    
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year? ...................................................................................................................

4-Year Averaging Period Under Section 501(h)
(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
Calendar year (or fiscal year
beginning in) 		(a) 2019 (b) 2020 (c) 2021 (d) 2022 (e) Total
2a Lobbying nontaxable amount          
b Lobbying ceiling amount
(150% of line 2a, column(e)) 		 
c Total lobbying expenditures          
d Grassroots nontaxable amount          
e Grassroots ceiling amount
(150% of line 2d, column (e))		  
f Grassroots lobbying expenditures          
Schedule C (Form 990) 2022


Schedule C (Form 990) 2022
Page 3
Part II-B
Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).
For each "Yes" response on lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.
(a)
Yes|No
(b)
Amount
1
During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:
a
Volunteers? ...........................................................................................................
 
 
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ........
 
 
c
Media advertisements? ...................................................................................................
 
 
 
d
Mailings to members, legislators, or the public? .............................................................................
 
 
 
e
Publications, or published or broadcast statements? ...........................................................
 
 
 
f
Grants to other organizations for lobbying purposes? ..........................................................
 
 
 
g
Direct contact with legislators, their staffs, government officials, or a legislative body? .......................
 
 
 
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................
 
 
 
i
Other activities? ...................................................................................................................
 
 
 
j
Total. Add lines 1c through 1i ....................................................................................................
 
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
 
b
If "Yes," enter the amount of any tax incurred under section 4912 ...........................................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 ...................
 
d
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? ........................
 
 
Part III-A
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Yes
No
1
Were substantially all (90% or more) dues received nondeductible by members? ...............................................
1
Yes
 
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ............................................
2
 
No
3
Did the organization agree to carry over lobbying and political expenditures from the prior year? .................................
3
 
No
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."
1
Dues, assessments and similar amounts from members ......................................................................
1
 
2
Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid).
a
Current year .............................................................................................................................
2a
 
b
Carryover from last year ............................................................................................................
2b
 
c
Total ...........................................................................................................................................
2c
 
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
 
4
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ......................................................................................................................
4
 
5
Taxable amount of lobbying and political expenditures. See Instructions .........................................
5
 
Part IV
Supplemental Information
Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.
Return Reference Explanation
PART III-A, LINE 1 90% OF DUES CAME FROM PERSONS, FAMILIES, OR ENTITIES WHO EACH PAID ANNUAL DUES OF $132 OR LESS IN 2023. SEE REV. PROC. 2022-38.
Schedule C (Form 990) 2022


Additional Data


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SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
right arrow Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow Attach to Form 990.
right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
Name of the organization
IOWA FARM BUREAU FEDERATION
 
Employer identification number

42-0331840
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate value of contributions to (during year)    
3 Aggregate value of grants from (during year)    
4 Aggregate value at end of year ........    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ...................... 2a  
b Total acreage restricted by conservation easements .................... 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow  
4
Number of states where property subject to conservation easement is located right arrow  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............
6
Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenue included on Form 990, Part VIII, line 1 .........................right arrow $  
(ii)
Assets included in Form 990, Part X ...............................right arrow $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:
a
Revenue included on Form 990, Part VIII, line 1 ..........................right arrow $  
b
Assets included in Form 990, Part X ...............................right arrow $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2022

Schedule D (Form 990) 2022
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b If "Yes," explain the arrangement in Part XIII and complete the following table: Amount
c Beginning balance ............................. 1c  
d Additions during the year ............................ 1d  
e Distributions during the year .......................... 1e  
f Ending balance ................................ 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....
Part V
Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.
(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back
1a Beginning of year balance .... 635,321,426 609,239,061 717,093,853 599,050,640 532,939,222
b Contributions ...     7,451,861 20,854,922 40,870,938
c Net investment earnings, gains, and losses 117,332,778 26,783,946 -114,895,483 97,649,689 25,402,980
d Grants or scholarships ...          
e Other expenditures for facilities
and programs ... 		         
f Administrative expenses .... 637,875 701,581 411,170 461,398 162,500
g End of year balance ...... 752,016,329 635,321,426 609,239,061 717,093,853 599,050,640
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment right arrow100.000 %
b
Permanent endowment right arrow0 %
c
Term endowment right arrow0 %
The percentages on lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) Unrelated organizations .................
3a(i)
 
No
(ii) Related organizations .................
3a(ii)
 
No
b
If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis
(investment) 		(b) Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .....      
b Buildings ....        
c Leasehold improvements        
d Equipment ....   235,719 79,773 155,946
e Other .....        
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..right arrow 155,946
Schedule D (Form 990) 2022

Schedule D (Form 990) 2022
Page 3
Part VII
Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1) Financial derivatives.........    
(2) Closely-held equity interests........ 1,001,972,272 C
(3) Other
(A) PARTNERSHIP INTERESTS		 338,053,104 F

(B) PARTNERSHIP INTERESTS		 6,318,899 C
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)right arrow 1,346,344,275
Part VIII
Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)right arrow  
Part IX
Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........right arrow  
Part X
Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes  
ACCRUED PENSION COSTS 148,466
ACCOUNTS PAYABLE TO RELATED THIRD PARTIES 15,818,910
OPERATING LEASE PAYABLE 1,661,984






Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)right arrow 17,629,360
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
Schedule D (Form 990) 2022

Schedule D (Form 990) 2022
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1 48,622,163
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ........... 2d  
e Add lines 2a through 2d ..................... 2e 0
3 Subtract line 2e from line 1.................. 3 48,622,163
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIII.) ........... 4b 899,657
c Add lines 4a and 4b.................... 4c 899,657
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5 49,521,820
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1 33,925,929
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ......... 2a  
b Prior year adjustments ............ 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ........... 2d  
e Add lines 2a through 2d.................... 2e 0
3 Subtract line 2e from line 1................... 3 33,925,929
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIII.) ........... 4b 532,080
c Add lines 4a and 4b..................... 4c 532,080
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5 34,458,009
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
PART V, LINE 4: THE BOARD DESIGNATED FUNDS ARE INVESTED IN A DIVERSIFIED PORTFOLIO THAT WILL PROVIDE A SOURCE OF INVESTMENT INCOME TO SUPPORT THE ORGANIZATION'S PROGRAMS ON A LONG-TERM BASIS.
PART XI, LINE 4B - OTHER ADJUSTMENTS: INCOME FROM DISREGARDED ENTITY NOT INCLUDED IN AUDIT 899,657.
PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSE FROM DISREGARDED ENTITY NOT INCLUDED IN AUDIT 532,080.
Schedule D (Form 990) 2022


Additional Data


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SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right arrow Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16.Right arrow Attach to Form 990.Right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
IOWA FARM BUREAU FEDERATION
 
Employer identification number

42-0331840
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.
1
For grantmakers. Does the organization maintain records to substantiate the amount of its grants and
other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used
to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.
3
Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in the region (d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in the region		 (f) Total expenditures
for and investments
in the region
CENTRAL AMERICA 0 0 INVESTMENTS   137,879,953
NORTH AMERICA 0 0 INVESTMENTS   3,997,416
EAST ASIA AND PACIFIC 0 0 PROGRAM SERVICES TRADE MISSION 19,164
EUROPE 0 0 PROGRAM SERVICES AGRICULTURAL TOURS 153,794
NORTH AMERICA 0 0 PROGRAM SERVICES AGRICULTURAL TOURS 638,834
SOUTH AMERICA 0 0 PROGRAM SERVICES TRADE MISSION 31,125
CENTRAL AMERICA 0 0 PROGRAM SERVICES TRADE MISSION 6,150
           
           
           
           
           
           
           
           
           
           
3a Sub-total .... 0 0 142,726,436
b Total from continuation sheets to Part I ... 0 0 0
c Totals (add lines 3a and 3b) 0 0 142,726,436
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2023
Schedule F (Form 990) 2023
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount
of noncash
assistance 		(h) Description
of noncash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......MediumBullet
 
3 Enter total number of other organizations or entities .......................MediumBullet
 
Schedule F (Form 990) 2023
Schedule F (Form 990) 2023Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
noncash
assistance 		(g) Description
of noncash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2023
Schedule F (Form 990) 2023
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule F (Form 990) 2023
Schedule F (Form 990) 2023
Page 5
Part V
Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.
ReturnReference Explanation
SCHEDULE F, PART IV, LINE 5 THE OWNERSHIP INTEREST WAS LESS THAN 10% FOR ALL FOREIGN PARTNERSHIPS
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2023
Additional Data


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SCHEDULE G (Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" on Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrowAttach to Form 990 or Form 990-EZ.
right arrowGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
IOWA FARM BUREAU FEDERATION
 
Employer identification number

42-0331840
Part I
Fundraising Activities.Complete if the organization answered "Yes" on Form 990, Part IV, line 17.
Form 990-EZ filers are not required to complete this part.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees
or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
b
If "Yes," list the 10 highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.


(i) Name and address of individual
or entity (fundraiser) 		(ii) Activity (iii) Did fundraiser have custody or control of contributions? (iv) Gross receipts
from activity 		(v) Amount paid to
(or retained by)
fundraiser listed in
col. (i) 		(vi) Amount paid to
(or retained by)
organization
Yes No
 
VICTORY ENTERPRISES
5200 SW 30TH ST
 
DAVENPORT, IA52802 		ADVERTISING CONSULTING   No 54,491 43,749 10,742
             
             
             
             
             
             
             
             
             
Total . . . . . . . . . . . . . . . . . . . . right arrow 54,491 43,749 10,742
3
List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990) 2023
Schedule G (Form 990) 2023
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.









VerticalRevenue
(a) Event #1

 
(event type) 		(b) Event #2

 
(event type) 		(c) Other events

 
(total number) 		(d) Total events
(add col. (a) through col. (c))

1
Gross receipts . . . . .
 
 
 
 

2
Less: Contributions . . . .
 
 
 
 
3 Gross income (line 1 minus
line 2) . . . . . .
 
 
 
 



VerticalDirectExpenses
4 Cash prizes . . . . .        
5 Noncash prizes . . . .        
6 Rent/facility costs . . . .        
7 Food and beverages . . .        
8 Entertainment . . . .        
9 Other direct expenses . . .        
10 Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . . right arrow  
11 Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . . right arrow  
Part III
Gaming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.
VerticalRevenue
(a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo 		(c) Other gaming (d) Total gaming (add col.(a) through col.(c))

1
Gross revenue . . . . .
 
 
 
 
VerticalDirectExpenses

2
Cash prizes . . . . .
 
 
 
 

3
Noncash prizes . . . .
 
 
 
 

4
Rent/facility costs . . . .
 
 
 
 

5
Other direct expenses . . .
 
 
 
 


6

Volunteer labor . . . .
%
%
%


7
Direct expense summary. Add lines 2 through 5 in column (d) . . . . . . . . . . right arrow
 

8
Net gaming income summary. Subtract line 7 from line 1, column (d). . . . . . . . . right arrow
 

9
Enter the state(s) in which the organization conducts gaming activities:
a
Is the organization licensed to conduct gaming activities in each of these states? . . . . . . . .
YesNo
b
If "No," explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? . . .
YesNo
b
If "Yes," explain:
 
Schedule G (Form 990) 2023
Schedule G (Form 990) 2023
Page 3
11
Does the organization conduct gaming activities with nonmembers? . . . . . . . . . . .
YesNo
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
formed to administer charitable gaming? . . . . . . . . . . . . . . . . .
YesNo
13
Indicate the percentage of gaming activity conducted in:
a
The organization's facility . . . . . . . . . . . . . . . . . .
13a
%
b
An outside facility . . . . . . . . . . . . . . . . . . . .
13b
%
14
Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? . . . . . . . . . . . . . . . . . . . . . . . .
b
If "Yes," enter the amount of gaming revenue received by the organization right arrow $   and the
amount of gaming revenue retained by the third party right arrow $   .
c
If "Yes," enter name and address of the third party:
Name right arrow
Address right arrow
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? . . . . . . . . . . . . . . . . . . .
b
Enter the amount of distributions required under state law distributed to other exempt organizations or spent
in the organization's own exempt activities during the tax year right arrow$  
Part IV
Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions.
Return Reference Explanation
SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE REVENUE GENERATED BY THIS FUNDRAISER WENT DIRECTLY TO IOWA FARM BUREAU FEDERATION POLITICAL ACTION COMMITTEE, A RELATED SECTION 527 ENTITY, WHICH FILES ITS OWN FORM 990. SEE SCHEDULE R, PART II.
Schedule G (Form 990) 2023
Additional Data


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Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
IOWA FARM BUREAU FEDERATION
 
Employer identification number
42-0331840
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC section
(if applicable)		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
noncash assistance		 (h) Purpose of grant
or assistance
(1) AMERICAN CANCER SOCIETY
250 WILLIAMS ST
ATLANTA,GA30303 		13-1788491 501(C)(3) 20,000 0     SPONSOR COACHES VS CANCER
(2) GLOBAL FARMER NETWORK
309 COURT AVE STE 214
DES MOINES,IA50309 		42-1500468 501(C)(4) 10,000 0     GENERAL CONTRIBUTION
(3) IOWA 4-H FOUNDATION
EXTENSION 4-H YOUTH BUILDING ISU
AMES,IA50011 		42-6061606 501(C)(3) 102,000 0     PARTNERSHIP CONTRIBUTIONS
(4) IOWA AGRICULTURE LITERACY FOUNDATION
5400 UNIVERSITY AVENUE
WEST DES MOINES,IA50266 		31-1672416 501(C)(3) 134,000 0     GENERAL CONTRIBUTION
(5) IOWA COLLEGE ACCESS NETWORK
1770 BOYSON ROAD
HIAWATHA,IA52233 		27-0915418 501(C)(3) 25,000 0     TARGETED PROGRAMS CONTRIBUTION
(6) IOWA SPORTS FOUNDATION
1421 S BELL AVE STE 104
AMES,IA50010 		42-1278326 501(C)(3) 20,000 0     YOUTH WELLNESS CONTRIBUTION
(7) IOWA STATE FAIR BLUE RIBBON FOUNDATION
PO BOX 57130
DES MOINES,IA50317 		42-1376689 501(C)(3) 7,500 0     GENERAL CONTRIBUTION
(8) IOWA STATE UNIVERSITY FOUNDATION
PO BOX 2230
AMES,IA50010 		42-1143702 501(C)(3) 163,000 0     AG PROGRAM CONTRIBUTION
(9) NEW BOHEMIAN INNOVATION COLLABORATIVE INC
415-12TH AVE SE
CEDAR RAPIDS,IA52401 		46-4387860 501(C)(3) 10,000 0     ENTREFEST SPONSOR
(10) NUFFIELD INTERNATIONAL FARMING SCHOLARS USA
18890 JOHNSON RD
LINCOLN,DE19960 		81-4933506 501(C)(3) 10,000 0     INTERNATIONAL SCHOLARSHIP PROGRAM
(11) THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT
ONE WEST PARK ROAD
IOWA CITY,IA52242 		42-0796760 501(C)(3) 15,000 0     BUSINESS LEADERSHIP NETWORK PROGRAMMING CONTRIBUTION
(12) IOWA FARM BUREAU FEDERATION
PO BOX 517 125 JACKSON ST
BROOKLYN,IA52211 		23-7425261 501(C)(5) 25,322 0     GENERAL CONTRIBUTION
(13) IOWA FARM BUREAU FEDERATION
1105 W 9TH ST
VINTON,IA52349 		42-0137360 501(C)(5) 22,681 0     GENERAL CONTRIBUTION
(14) IOWA FARM BUREAU FEDERATION
3315 W 4TH ST
WATERLOO,IA50701 		42-0142423 501(C)(5) 36,256 0     GENERAL CONTRIBUTION
(15) IOWA FARM BUREAU FEDERATION
1400 1ST ST W
INDEPENDENCE,IA50644 		42-0158725 501(C)(5) 21,391 0     GENERAL CONTRIBUTION
(16) IOWA FARM BUREAU FEDERATION
23024 HIGHWAY 149
SIGOURNEY,IA52591 		42-0168070 501(C)(5) 14,386 0     GENERAL CONTRIBUTION
(17) IOWA FARM BUREAU FEDERATION
204 N 7TH ST
DENISON,IA51442 		42-0200725 501(C)(5) 9,947 0     GENERAL CONTRIBUTION
(18) IOWA FARM BUREAU FEDERATION
421 1ST AVE N
ESTHERVILLE,IA51334 		42-0234716 501(C)(5) 7,197 0     GENERAL CONTRIBUTION
(19) IOWA FARM BUREAU FEDERATION
65 STATE STREET
GARNER,IA50438 		42-0293100 501(C)(5) 21,116 0     GENERAL CONTRIBUTION
(20) IOWA FARM BUREAU FEDERATION
102 S OLIVE ST
MAQUOKETA,IA52060 		42-0338220 501(C)(5) 20,739 0     GENERAL CONTRIBUTION
(21) IOWA FARM BUREAU FEDERATION
605 E MAIN ST PO BOX 168
ANAMOSA,IA52205 		42-0347375 501(C)(5) 24,349 0     GENERAL CONTRIBUTION
(22) IOWA FARM BUREAU FEDERATION
1323 BOYSON RD
HIAWATHA,IA52233 		42-0381665 501(C)(5) 75,079 0     GENERAL CONTRIBUTION
(23) IOWA FARM BUREAU FEDERATION
907 IOWA AVE
ONAWA,IA51040 		42-0421745 501(C)(5) 14,292 0     GENERAL CONTRIBUTION
(24) IOWA FARM BUREAU FEDERATION
203 CENTRAL AVE SE
ORANGE CITY,IA51041 		42-0527883 501(C)(5) 19,752 0     GENERAL CONTRIBUTION
(25) IOWA FARM BUREAU FEDERATION
126 E BROADWAY STE 1
COUNCIL BLUFFS,IA51503 		42-0593575 501(C)(5) 22,725 0     GENERAL CONTRIBUTION
(26) IOWA FARM BUREAU FEDERATION
202 N MARKET ST
AUDUBON,IA50025 		42-0680700 501(C)(5) 6,803 0     GENERAL CONTRIBUTION
(27) IOWA FARM BUREAU FEDERATION
607 POLLOCK BLVD
BEDFORD,IA50833 		42-0680701 501(C)(5) 8,650 0     GENERAL CONTRIBUTION
(28) IOWA FARM BUREAU FEDERATION
1520 S STORY ST
BOONE,IA50036 		42-0680702 501(C)(5) 19,316 0     GENERAL CONTRIBUTION
(29) IOWA FARM BUREAU FEDERATION
829 W GRIFFITH RD
CARROLL,IA51401 		42-0680704 501(C)(5) 17,502 0     GENERAL CONTRIBUTION
(30) IOWA FARM BUREAU FEDERATION
110 N 18TH ST SUITE 200
CENTERVILLE,IA52544 		42-0680706 501(C)(5) 5,189 0     GENERAL CONTRIBUTION
(31) IOWA FARM BUREAU FEDERATION
811 S 4TH ST
CHARITON,IA50049 		42-0680707 501(C)(5) 8,626 0     GENERAL CONTRIBUTION
(32) IOWA FARM BUREAU FEDERATION
1102 GILBERT ST
CHARLES CITY,IA50616 		42-0680708 501(C)(5) 18,183 0     GENERAL CONTRIBUTION
(33) IOWA FARM BUREAU FEDERATION
100 E STUART ST
CLARINDA,IA51632 		42-0680709 501(C)(5) 11,359 0     GENERAL CONTRIBUTION
(34) IOWA FARM BUREAU FEDERATION
PO BOX 347 820 1ST AVE SW
CLARION,IA50525 		42-0680710 501(C)(5) 13,885 0     GENERAL CONTRIBUTION
(35) IOWA FARM BUREAU FEDERATION
212 S FRANKLIN
CORYDON,IA50060 		42-0680711 501(C)(5) 8,861 0     GENERAL CONTRIBUTION
(36) IOWA FARM BUREAU FEDERATION
300 SE DELAWARE AVE
ANKENY,IA50021 		42-0680712 501(C)(5) 109,547 0     GENERAL CONTRIBUTION
(37) IOWA FARM BUREAU FEDERATION
8479 PEOSTA COMMERCIAL CT PO BOX
157
DUBUQUE,IA52002 		42-0680713 501(C)(5) 47,776 0     GENERAL CONTRIBUTION
(38) IOWA FARM BUREAU FEDERATION
102 SE 6TH ST
GREENFIELD,IA50849 		42-0680714 501(C)(5) 15,587 0     GENERAL CONTRIBUTION
(39) IOWA FARM BUREAU FEDERATION
606 8TH ST STE 2
GRUNDY CENTER,IA50638 		42-0680715 501(C)(5) 23,741 0     GENERAL CONTRIBUTION
(40) IOWA FARM BUREAU FEDERATION
203 N 4TH ST
GUTHRIE CENTER,IA50115 		42-0680716 501(C)(5) 8,563 0     GENERAL CONTRIBUTION
(41) IOWA FARM BUREAU FEDERATION
1323 OLIVE AVE PO BOX 316
HAMPTON,IA50441 		42-0680717 501(C)(5) 18,624 0     GENERAL CONTRIBUTION
(42) IOWA FARM BUREAU FEDERATION
713 FIRST STREET PO BOX 40
KEOSAUQUA,IA52565 		42-0680718 501(C)(5) 12,690 0     GENERAL CONTRIBUTION
(43) IOWA FARM BUREAU FEDERATION
1017 N LINCOLN ST
KNOXVILLE,IA50138 		42-0680719 501(C)(5) 16,070 0     GENERAL CONTRIBUTION
(44) IOWA FARM BUREAU FEDERATION
115 N 3RD AVE
LOGAN,IA51546 		42-0680720 501(C)(5) 15,005 0     GENERAL CONTRIBUTION
(45) IOWA FARM BUREAU FEDERATION
3205 S 6TH ST
MARSHALLTOWN,IA50158 		42-0680721 501(C)(5) 13,646 0     GENERAL CONTRIBUTION
(46) IOWA FARM BUREAU FEDERATION
205 WEST SOUTH ST PO BOX 348
MOUNT AYR,IA50854 		42-0680722 501(C)(5) 11,623 0     GENERAL CONTRIBUTION
(47) IOWA FARM BUREAU FEDERATION
1316 6TH ST SUITE 102
NEVADA,IA50201 		42-0680723 501(C)(5) 31,130 0     GENERAL CONTRIBUTION
(48) IOWA FARM BUREAU FEDERATION
407 S HIGHWAY ST
OAKLAND,IA51560 		42-0680724 501(C)(5) 13,206 0     GENERAL CONTRIBUTION
(49) IOWA FARM BUREAU FEDERATION
2215 N MAIN ST
OSCEOLA,IA50213 		42-0680725 501(C)(5) 6,966 0     GENERAL CONTRIBUTION
(50) IOWA FARM BUREAU FEDERATION
214 N G ST
OSKALOOSA,IA52577 		42-0680726 501(C)(5) 22,940 0     GENERAL CONTRIBUTION
(51) IOWA FARM BUREAU FEDERATION
322 E 4TH ST
OTTUMWA,IA52501 		42-0680727 501(C)(5) 22,037 0     GENERAL CONTRIBUTION
(52) IOWA FARM BUREAU FEDERATION
PO BOX 158 100 E ELM AVE
POCAHONTAS,IA50574 		42-0680728 501(C)(5) 9,680 0     GENERAL CONTRIBUTION
(53) IOWA FARM BUREAU FEDERATION
PO BOX 350 340 2ND ST SE
PRIMGHAR,IA51245 		42-0680729 501(C)(5) 16,164 0     GENERAL CONTRIBUTION
(54) IOWA FARM BUREAU FEDERATION
PO BOX 109 710 2ND AVE
ROCK RAPIDS,IA51246 		42-0680730 501(C)(5) 26,861 0     GENERAL CONTRIBUTION
(55) IOWA FARM BUREAU FEDERATION
PO BOX 161 310 9TH ST
SIBLEY,IA51249 		42-0680731 501(C)(5) 8,588 0     GENERAL CONTRIBUTION
(56) IOWA FARM BUREAU FEDERATION
610 CLAY ST PO BOX 250
SIDNEY,IA51652 		42-0680732 501(C)(5) 9,698 0     GENERAL CONTRIBUTION
(57) IOWA FARM BUREAU FEDERATION
PO BOX 30 427 HIGHWAYS 1 92
WASHINGTON,IA52353 		42-0680734 501(C)(5) 22,365 0     GENERAL CONTRIBUTION
(58) IOWA FARM BUREAU FEDERATION
14 1ST AVE NE BOX 129
WAUKON,IA52172 		42-0680735 501(C)(5) 22,580 0     GENERAL CONTRIBUTION
(59) IOWA FARM BUREAU FEDERATION
PO BOX 615 2018 E BREMER AVE
WAVERLY,IA50677 		42-0680736 501(C)(5) 23,963 0     GENERAL CONTRIBUTION
(60) IOWA FARM BUREAU FEDERATION
PO BOX 260 212 W STATE ST
WILLIAMSBURG,IA52361 		42-0680737 501(C)(5) 17,846 0     GENERAL CONTRIBUTION
(61) IOWA FARM BUREAU FEDERATION
PO BOX 32 115 W COURT
WINTERSET,IA50273 		42-0680738 501(C)(5) 22,306 0     GENERAL CONTRIBUTION
(62) IOWA FARM BUREAU FEDERATION
626 DAVIS AVE
CORNING,IA50841 		42-0681032 501(C)(5) 10,762 0     GENERAL CONTRIBUTION
(63) IOWA FARM BUREAU FEDERATION
424 MAIN STREET PO BOX 220
DONNELLSON,IA52625 		42-0681033 501(C)(5) 18,051 0     GENERAL CONTRIBUTION
(64) IOWA FARM BUREAU FEDERATION
1317 14TH AVE
ELDORA,IA50627 		42-0681034 501(C)(5) 18,733 0     GENERAL CONTRIBUTION
(65) IOWA FARM BUREAU FEDERATION
24542 HWY 13 PO BOX 309
ELKADER,IA52043 		42-0681035 501(C)(5) 16,801 0     GENERAL CONTRIBUTION
(66) IOWA FARM BUREAU FEDERATION
401 13TH ST S PO BOX 95
HUMBOLDT,IA50548 		42-0681036 501(C)(5) 16,833 0     GENERAL CONTRIBUTION
(67) IOWA FARM BUREAU FEDERATION
200 W 2ND AVE
INDIANOLA,IA50125 		42-0681037 501(C)(5) 27,519 0     GENERAL CONTRIBUTION
(68) IOWA FARM BUREAU FEDERATION
201 E HARRISON ST
JEFFERSON,IA50129 		42-0681038 501(C)(5) 10,199 0     GENERAL CONTRIBUTION
(69) IOWA FARM BUREAU FEDERATION
28 2ND AVE SW
LE MARS,IA51031 		42-0681039 501(C)(5) 19,791 0     GENERAL CONTRIBUTION
(70) IOWA FARM BUREAU FEDERATION
425 1ST AVE E PO BOX 766
NEWTON,IA50208 		42-0681040 501(C)(5) 23,569 0     GENERAL CONTRIBUTION
(71) IOWA FARM BUREAU FEDERATION
846 HIGH STREET PO BOX 207
ROCKWELL CITY,IA50579 		42-0681041 501(C)(5) 15,613 0     GENERAL CONTRIBUTION
(72) IOWA FARM BUREAU FEDERATION
PO BOX 159 115 N MAIN
TOLEDO,IA52342 		42-0681042 501(C)(5) 14,941 0     GENERAL CONTRIBUTION
(73) IOWA FARM BUREAU FEDERATION
712 S WEST STREET SUITE 2
BLOOMFIELD,IA52537 		42-0681110 501(C)(5) 10,567 0     GENERAL CONTRIBUTION
(74) IOWA FARM BUREAU FEDERATION
PO BOX 248 422 N MAIN
ALLISON,IA50602 		42-0681385 501(C)(5) 25,906 0     GENERAL CONTRIBUTION
(75) IOWA FARM BUREAU FEDERATION
PO BOX 813 304 S 20TH ST
FAIRFIELD,IA52556 		42-0681390 501(C)(5) 22,081 0     GENERAL CONTRIBUTION
(76) IOWA FARM BUREAU FEDERATION
822 CENTRAL AVE STE 102
FORT DODGE,IA50501 		42-0681391 501(C)(5) 26,485 0     GENERAL CONTRIBUTION
(77) IOWA FARM BUREAU FEDERATION
118 N MAIN ST
LEON,IA50144 		42-0681393 501(C)(5) 8,645 0     GENERAL CONTRIBUTION
(78) IOWA FARM BUREAU FEDERATION
PO BOX A 605 18TH ST
SPIRIT LAKE,IA51360 		42-0681397 501(C)(5) 14,924 0     GENERAL CONTRIBUTION
(79) IOWA FARM BUREAU FEDERATION
112 NILE KINNICK DR S PO BOX 218
ADEL,IA50003 		42-0684990 501(C)(5) 39,234 0     GENERAL CONTRIBUTION
(80) IOWA FARM BUREAU FEDERATION
119 WASHINGTON AVE E
ALBIA,IA52531 		42-0684991 501(C)(5) 7,594 0     GENERAL CONTRIBUTION
(81) IOWA FARM BUREAU FEDERATION
418 HIGHWAY 18 W PO BOX 679
ALGONA,IA50511 		42-0684992 501(C)(5) 20,483 0     GENERAL CONTRIBUTION
(82) IOWA FARM BUREAU FEDERATION
209 CENTENNIAL DR STE B
CHEROKEE,IA51012 		42-0684994 501(C)(5) 10,845 0     GENERAL CONTRIBUTION
(83) IOWA FARM BUREAU FEDERATION
1721 E LECLAIRE RD
ELDRIDGE,IA52748 		42-0684995 501(C)(5) 45,339 0     GENERAL CONTRIBUTION
(84) IOWA FARM BUREAU FEDERATION
214 WINNEBAGO ST PO BOX 259
DECORAH,IA52101 		42-0684996 501(C)(5) 17,341 0     GENERAL CONTRIBUTION
(85) IOWA FARM BUREAU FEDERATION
514 8TH ST
DEWITT,IA52742 		42-0684997 501(C)(5) 36,576 0     GENERAL CONTRIBUTION
(86) IOWA FARM BUREAU FEDERATION
2904 MAIN ST PO BOX 281
EMMETSBURG,IA50536 		42-0684998 501(C)(5) 10,555 0     GENERAL CONTRIBUTION
(87) IOWA FARM BUREAU FEDERATION
PO BOX 100 107 E STATE ST
FAYETTE,IA52142 		42-0684999 501(C)(5) 25,044 0     GENERAL CONTRIBUTION
(88) IOWA FARM BUREAU FEDERATION
908 6TH ST
HARLAN,IA51537 		42-0685000 501(C)(5) 12,314 0     GENERAL CONTRIBUTION
(89) IOWA FARM BUREAU FEDERATION
409 2ND ST
IDA GROVE,IA51445 		42-0685001 501(C)(5) 9,594 0     GENERAL CONTRIBUTION
(90) IOWA FARM BUREAU FEDERATION
PO BOX 179 107 W 4TH ST
MALVERN,IA51551 		42-0685002 501(C)(5) 17,890 0     GENERAL CONTRIBUTION
(91) IOWA FARM BUREAU FEDERATION
115 E DELAWARE ST
MANCHESTER,IA52057 		42-0685003 501(C)(5) 27,174 0     GENERAL CONTRIBUTION
(92) IOWA FARM BUREAU FEDERATION
2650 SKYVIEW LN
MASON CITY,IA50401 		42-0685004 501(C)(5) 22,181 0     GENERAL CONTRIBUTION
(93) IOWA FARM BUREAU FEDERATION
PO BOX 326 1010 E WASHINGTON ST S
MOUNT PLEASANT,IA52641 		42-0685005 501(C)(5) 17,505 0     GENERAL CONTRIBUTION
(94) IOWA FARM BUREAU FEDERATION
PO BOX 490 520 W MILWAUKEE ST
NEW HAMPTON,IA50659 		42-0685006 501(C)(5) 16,113 0     GENERAL CONTRIBUTION
(95) IOWA FARM BUREAU FEDERATION
709 MAIN ST
OSAGE,IA50461 		42-0685007 501(C)(5) 14,114 0     GENERAL CONTRIBUTION
(96) IOWA FARM BUREAU FEDERATION
950 SENATE AVE
RED OAK,IA51566 		42-0685008 501(C)(5) 13,052 0     GENERAL CONTRIBUTION
(97) IOWA FARM BUREAU FEDERATION
716 SUNNYBROOKE DR PO BOX 683
MOVILLE,IA51039 		42-0685009 501(C)(5) 33,876 0     GENERAL CONTRIBUTION
(98) IOWA FARM BUREAU FEDERATION
508 GRAND AVE
SPENCER,IA51301 		42-0685010 501(C)(5) 10,785 0     GENERAL CONTRIBUTION
(99) IOWA FARM BUREAU FEDERATION
1707 LAKE AVE
STORM LAKE,IA50588 		42-0685011 501(C)(5) 19,999 0     GENERAL CONTRIBUTION
(100) IOWA FARM BUREAU FEDERATION
106 ADAMS ST
THOMPSON,IA50478 		42-0685012 501(C)(5) 9,351 0     GENERAL CONTRIBUTION
(101) IOWA FARM BUREAU FEDERATION
1327 CEDAR ST
TIPTON,IA52772 		42-0685013 501(C)(5) 18,807 0     GENERAL CONTRIBUTION
(102) IOWA FARM BUREAU FEDERATION
PO BOX 250 644 1ST ST STE 2
WEBSTER CITY,IA50595 		42-0685014 501(C)(5) 14,092 0     GENERAL CONTRIBUTION
(103) IOWA FARM BUREAU FEDERATION
PO BOX 339 645 MAIN ST
MEDIAPOLIS,IA52637 		42-0686468 501(C)(5) 21,126 0     GENERAL CONTRIBUTION
(104) IOWA FARM BUREAU FEDERATION
206 N ELM ST
CRESTON,IA50801 		42-0686469 501(C)(5) 10,049 0     GENERAL CONTRIBUTION
(105) IOWA FARM BUREAU FEDERATION
601 CENTRAL AVE
NORTHWOOD,IA50459 		42-0686470 501(C)(5) 8,865 0     GENERAL CONTRIBUTION
(106) IOWA FARM BUREAU FEDERATION
PO BOX 95 245 HWY 61 S
WAPELLO,IA52653 		42-0686918 501(C)(5) 9,965 0     GENERAL CONTRIBUTION
(107) IOWA FARM BUREAU FEDERATION
124 1ST AVE W
CRESCO,IA52136 		42-0688067 501(C)(5) 7,254 0     GENERAL CONTRIBUTION
(108) IOWA FARM BUREAU FEDERATION
2130 MORMON TREK BLVD
IOWA CITY,IA52246 		42-0688068 501(C)(5) 53,434 0     GENERAL CONTRIBUTION
(109) IOWA FARM BUREAU FEDERATION
1501 PLAZA PLACE
MUSCATINE,IA52761 		42-0688072 501(C)(5) 21,501 0     GENERAL CONTRIBUTION
(110) IOWA FARM BUREAU FEDERATION
117 S 5TH ST
SAC CITY,IA50583 		42-0688076 501(C)(5) 14,890 0     GENERAL CONTRIBUTION
(111) IOWA FARM BUREAU FEDERATION
1501 E 7TH ST
ATLANTIC,IA50022 		42-0940593 501(C)(5) 8,076 0     GENERAL CONTRIBUTION
(112) PROGRESSIVE AGRICULTURE FOUNDATION
PO BOX 2970
DENVER,CO80201 		63-1166618 501(C)(3) 10,000 0     SPONSOR AG SAFETY DAY
(113) AMERICAN NATIONAL RED CROSS
431 18TH ST NW
WASHINGTON,DC20006 		53-0196605 501(C)(3) 15,000 0     DISASTER RELIEF
(114) COALIATION TO PROTECT THE MISSOURI RIVER
490 SE 300 ROAD
CLINTON,MO64735 		43-1926331 501(C)(6) 7,000 0     GENERAL CONTRIBUTION
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
12
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
114
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2023

Schedule I (Form 990) 2023
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients		 (c) Amount of
cash grant		 (d) Amount of
noncash assistance		 (e) Method of valuation (book,
FMV, appraisal, other)		 (f) Description of noncash assistance
(1) AGRICULTURAL SCHOLARSHIPS 137 242,750      
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
PART I, LINE 2: GRANT REQUESTS ARE ACCEPTED BY NON-PROFIT ORGANIZATIONS THAT ARE ALIGNED WITH THE MISSION AND GOALS OF THE IOWA FARM BUREAU FEDERATION (IFBF). DISBURSEMENT OF FUNDS IS PERMITTED WITHIN THE ANNUAL GRANT BUDGET AS APPROVED BY THE IFBF BOARD OF DIRECTORS AFTER RECEIPT OF W-9. IFBF REQUIRES WRITTEN DOCUMENTATION OF THE GRANT REQUESTS WHICH MUST INCLUDE THE ORGANIZATION'S CONTACT INFORMATION INCLUDING KEY STAFF AND/OR VOLUNTEER CONTACT, NON-PROFIT STATUS AND A DETAILED INTENT FOR USE OF GRANT DOLLARS. MONITORING OF AWARDED GRANTS MAY INCLUDE ONE OR MORE OF THE FOLLOWING: A SITE VISIT TO GRANT RECIPIENT, PHONE CONTACT, FILE NOTES OR AN ANNUAL WRAP UP REPORT AT THE END OF THE GRANTING PERIOD. DISBURSEMENTS OF PLEDGE PAYMENTS ARE BASED UPON THE ACCURACY AND PROMPTNESS OF PROGRAM REPORTS.
Schedule I (Form 990) 2023



Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic Attach to Form 990.
medium right arrow graphic Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
IOWA FARM BUREAU FEDERATION
 
Employer identification number

42-0331840
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....
2
Yes
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? .............
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
Yes
 
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ....................
5a
 
 
b
Any related organization? .......................
5b
 
 
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ..................
6a
 
 
b
Any related organization? ......................
6b
 
 
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
 
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................
8
 
 
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2023

Schedule J (Form 990) 2023
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation in column (B) reported as deferred on prior Form 990
(i) Base
compensation 		(ii) Bonus & incentive
compensation 		(iii) Other reportable compensation
1JAMES GARDNER
FORMER CHIEF FINANCIAL OFFICER 		(i)

(ii)		 0
-------------
333,802 		0
-------------
98,016 		0
-------------
59,521 		0
-------------
1,966,551 		0
-------------
22,000 		0
-------------
2,479,890 		0
-------------
0
2CHRISTINA GRUENHAGEN
SR GOVERNMENT RELATIONS COUNSEL 		(i)

(ii)		 163,768
-------------
0 		23,771
-------------
0 		12,789
-------------
0 		1,122,360
-------------
0 		17,263
-------------
0 		1,339,951
-------------
0 		0
-------------
0
3MARTY SCHWAGER
EXECUTIVE DIRECTOR/SECRETA 		(i)

(ii)		 0
-------------
457,996 		0
-------------
177,672 		0
-------------
95,807 		0
-------------
343,996 		0
-------------
20,448 		0
-------------
1,095,919 		0
-------------
0
4MARK WICKHAM
GENERAL COUNSEL 		(i)

(ii)		 0
-------------
417,164 		0
-------------
104,432 		0
-------------
70,834 		0
-------------
50,444 		0
-------------
21,499 		0
-------------
664,373 		0
-------------
0
5SARA PAYNE
CHIEF MKTG & COMMUNICATION 		(i)

(ii)		 0
-------------
299,926 		0
-------------
89,713 		0
-------------
51,379 		0
-------------
25,142 		0
-------------
23,176 		0
-------------
489,336 		0
-------------
0
6BRENT JOHNSON
PRESIDENT 		(i)

(ii)		 0
-------------
210,283 		0
-------------
76,663 		0
-------------
88,332 		0
-------------
28,217 		0
-------------
12,256 		0
-------------
415,751 		0
-------------
0
7KARL OLSON
ASSISTANT GENERAL COUNSEL 		(i)

(ii)		 0
-------------
215,706 		0
-------------
33,893 		0
-------------
41,674 		0
-------------
85,817 		0
-------------
13,553 		0
-------------
390,643 		0
-------------
0
8CHAD BISHOP
DIRECTOR, INFORMATION RESO 		(i)

(ii)		 0
-------------
219,364 		0
-------------
31,208 		0
-------------
44,410 		0
-------------
28,621 		0
-------------
15,483 		0
-------------
339,086 		0
-------------
0
9TIMOTHY BIGLEY
CHIEF FINANCIAL OFFICER 		(i)

(ii)		 0
-------------
189,135 		0
-------------
16,487 		0
-------------
15,307 		0
-------------
51,007 		0
-------------
19,041 		0
-------------
290,977 		0
-------------
0
10ALEX MONTZ
VP ASSISTANT GENERAL COUNSEL 		(i)

(ii)		 0
-------------
201,550 		0
-------------
6,896 		0
-------------
27,026 		0
-------------
27,253 		0
-------------
12,901 		0
-------------
275,626 		0
-------------
0
11MATT STEINFELDT
DIRECTOR, GOVERNMENT RELAT 		(i)

(ii)		 0
-------------
171,640 		0
-------------
24,227 		0
-------------
35,000 		0
-------------
9,897 		0
-------------
19,609 		0
-------------
260,373 		0
-------------
0
12RYAN STEINFELDT
DIRECTOR, FIELD SERVICE 		(i)

(ii)		 0
-------------
163,169 		0
-------------
22,819 		0
-------------
31,734 		0
-------------
20,134 		0
-------------
19,571 		0
-------------
257,427 		0
-------------
0
13DANA ARDARY
MARKETING MANAGER 		(i)

(ii)		 175,035
-------------
0 		16,797
-------------
0 		10,235
-------------
0 		7,036
-------------
0 		17,634
-------------
0 		226,737
-------------
0 		0
-------------
0
14ERIN SWALWELL
SR COUNSEL ADVANCED MARKETS 		(i)

(ii)		 0
-------------
162,499 		0
-------------
15,177 		0
-------------
9,319 		0
-------------
12,253 		0
-------------
19,252 		0
-------------
218,500 		0
-------------
0
15EDWARD PARKER
FORMER GENERAL COUNSEL 		(i)

(ii)		 0
-------------
0 		0
-------------
113,386 		0
-------------
0 		0
-------------
10,961 		0
-------------
0 		0
-------------
124,347 		0
-------------
0
Schedule J (Form 990) 2023

Schedule J (Form 990) 2023
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
PART I, LINE 1A THE COMPANY ALLOWS OFFICERS', DIRECTORS', AND KEY EMPLOYEES' SPOUSES TO ATTEND THE AFBF ANNUAL MEETING, COUNTY PRESIDENTS' INCENTIVE TRIP, AND THE NATIONAL AFFAIRS TRIP. THE EXPENSES OF THE SPOUSE ARE TAXED AND INCLUDED IN THEIR FORM 1099 NEC, BOX 1 OR FORM W-2, BOX 5.
PART I, LINE 4B ITEM 4B - THE COMPANY, THROUGH A WHOLLY-OWNED SUBSIDIARY, PROVIDES A NONQUALIFIED, DEFINED CONTRIBUTION PLAN TO THE ORGANIZATION'S PRESIDENT. DUE TO HISTORICALLY SHORTER TENURE PERIODS FOR THIS POSITION, THE PRESIDENT TYPICALLY DOES NOT BENEFIT FROM THE DEFINED BENEFIT PLAN AVAILABLE TO ALL EMPLOYEES. INCOME INCLUDED IN PART II, COLUMN B(III) AMOUNTED TO $45,848 FOR BRENT JOHNSON. ITEM 3 - THE ORGANIZATION DOES NOT PROVIDE ANY COMPENSATION TO THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR. THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR DOES RECEIVE COMPENSATION FROM A RELATED ORGANIZATION. THE RELATED ORGANIZATION USES THE FOLLOWING ITEMS/METHODS TO ESTABLISH COMPENSATION: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD AND COMPENSATION COMMITTEE.
Schedule J (Form 990) 2023

Additional Data


Software ID:  
Software Version:  
Schedule L
(Form 990)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
Attach to Form 990 or Form 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
IOWA FARM BUREAU FEDERATION
 
Employer identification number

42-0331840
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... $
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ $
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e) Original principal amount (f) Balance due (g) In default? (h) Approved by board or committee? (i) Written agreement?
To From Yes No Yes No Yes No
Total ............... $  
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990) 2023
Schedule L (Form 990) 2023
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) FARM BUREAU MANAGEMENT CORP
  		COMMON OFFICERS 8,919,357 ADMINISTRATIVE SERVICES - THE ORGANIZATION MAKES PAYMENTS TO FARM BUREAU MANAGEMENT CORPORATION (FBMC) FOR MANAGEMENT AND ADMINISTRATIVE SERVICES. THE FOLLOWING INDIVIDUALS WERE ALSO OFFICERS, DIRECTORS, OR KEY EMPLOYEES OF FBMC: BRENT JOHNSON, PRESIDENT; MARTY SCHWAGER, SECRETARY/TREASURER AND EXECUTIVE DIRECTOR; MARK WICKHAM, GENERAL COUNSEL; TIM BIGLEY, CHIEF FINANCIAL OFFICER; CHAD BISHOP, DIRECTOR, INFORMATION RESOURCES; RYAN STEINFELDT, DIRECTOR, FIELD SERVICE; MATT STEINFELDT, DIRECTOR, GOVERNMENT RELATIONS AND SARA PAYNE CHIEF MARKETING OFFICER.   No
(2) FBL FINANCIAL GROUP INC
  		COMMON OFFICERS & DIRECTORS 325,421 ADMINISTRATIVE SERVICES - THE ORGANIZATION RECEIVES PAYMENTS FROM FBL FINANCIAL GROUP, INC. (FBL) AS A RESULT OF SHARED BOARD OF DIRECTORS EXPENSES. THE FOLLOWING INDIVIDUALS WERE ALSO OFFICERS OR DIRECTORS OF FBL: BRENT JOHNSON, PRESIDENT; BRIAN FELDPAUSCH, VICE PRESIDENT; MARK WICKHAM, GENERAL COUNSEL; AND MARTY SCHWAGER, SECRETARY/TREASURER AND EXECUTIVE DIRECTOR. THE ORGANIZATION ALSO MAKES PAYMENTS TO FBL FOR ADMINISTRATIVE SERVICES.   No
(3) IFBF PROPERTY MANAGEMENT INC
  		COMMON OFFICERS 1,078,049 RENT - THE ORGANIZATION PAYS RENT TO IFBF PROPERTY MANAGEMENT, INC. THE FOLLOWING INDIVIDUALS WERE ALSO OFFICERS OF IFBF PROPERTY MANAGEMENT, INC.: BRENT JOHNSON, PRESIDENT; MARTY SCHWAGER, SECRETARY/TREASURER AND EXECUTIVE DIRECTOR; MARK WICKHAM, GENERAL COUNSEL; AND TIM BIGLEY, CHIEF FINANCIAL OFFICER.   No
(4) FARM BUREAU HEALTH BENEFIT PLAN LLC
  		COMMON OFFICERS 621,000 ROYALTY AGREEMENT - THE ORGANIZATION RECEIVES PAYMENTS FROM FARM BUREAU HEALTH BENEFIT PLAN (FBHBP) AS A RESULT OF A ROYALTY AGREEMENT WITH FBHBP. THE FOLLOWING INDIVIDUALS WERE ALSO OFFICERS OF FBHBP: BRENT JOHNSON, PRESIDENT; MARTY SCHWAGER, SECRETARY/TREASURER AND EXECUTIVE DIRECTOR; AND MARK WICKHAM, GENERAL COUNSEL.   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Schedule L (Form 990) 2023


Additional Data


Software ID:  
Software Version:  




SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
 Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
IOWA FARM BUREAU FEDERATION
 
Employer identification number

42-0331840
Return Reference Explanation
FORM 990, PART III, OTHER IOWA FARM BUREAU DEPLOYS SEVERAL DIFFERENT STRATEGIES TO HELP INVEST IN THE GROWTH OF RURAL AND SMALL COMMUNITIES FOR IOWA'S ECONOMIC VITALITY AND QUALITY OF LIFE. ONE OF THOSE STRATEGIES IS OFFERED THROUGH OUR RENEW RURAL IOWA (RRIA) INITIATIVE. RRIA IS AN INITIATIVE, LAUNCHED IN 2006, TO SUPPORT NEW AND EXISTING BUSINESSES THROUGH EDUCATION, MENTORING, AND FINANCIAL RESOURCES. SINCE EXISTENCE, RRIA HAS HAD OVER 3,000 PARTICIPANTS IN ITS EDUCATIONAL SEMINARS. ON AN ANNUAL BASIS, RRIA SUPPORTS OVER 140 JOBS AROUND THE STATE OF IOWA.
FORM 990, PART VI, SECTION A, LINE 2 RYAN STEINFELDT AND MATT STEINFELDT HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION UTILIZES A WHOLLY OWNED SUBSIDIARY, FARM BUREAU MANAGEMENT CORPORATION (FBMC), TO PROVIDE THE DAY TO DAY MANAGEMENT FUNCTION OF IFBF. THIS CORPORATION EMPLOYS THE PRESIDENT, SECRETARY-TREASURER, GENERAL COUNSEL, CHIEF FINANCIAL OFFICER, CHIEF MARKETING & COMMUNICATIONS OFFICER, DIRECTOR, FIELD SERVICE, DIRECTOR, GOVERNMENT RELATIONS, DIRECTOR, INFORMATION RESOURCES AND ALLOCATES THEIR EXPENSES ACROSS ALL OF THE ENTITIES UNDER FBMC MANAGEMENT.
FORM 990, PART VI, SECTION A, LINE 4 ARTICLE IX, SECTION 1 AND ARTICLE X, SECTION 8 WERE AMENDED TO UPDATE THE ROLE OF THE VICE PRESIDENT AS AN OFFICER OF THE ORGANIZATION AND HIS ELIGIBILITY FOR EMPLOYMENT BY AN ASSOCIATE OR SUBSIDIARY COMPANY.
FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. COUNTY FARM BUREAUS IN THE STATE OF IOWA ARE ELIGIBLE FOR MEMBERSHIP; THOSE COUNTY FARM BUREAUS THAT ARE MEMBERS OF THE ORGANIZATION HAVE VOTING RIGHTS. EVERY MEMBER OF A COUNTY FARM BUREAU ALSO BECOMES A MEMBER OF THE ORGANIZATION UPON THE PAYMENT OF APPLICABLE DUES AND THEREAFTER HAS ACCESS TO MEMBER BENEFITS.
FORM 990, PART VI, SECTION A, LINE 7A COUNTY FARM BUREAUS THAT ARE MEMBERS OF THE ORGANIZATION HAVE VOTING RIGHTS, INCLUDING THE RIGHT TO ELECT OF THE BOARD OF DIRECTORS. WITH RESPECT TO DISTRICT DIRECTORS, THE COUNTY FARM BUREAUS COMPRISING EACH RESPECTIVE DISTRICT MEET AND NOMINATE CANDIDATES FOR THE DISTRICT DIRECTORSHIPS.
FORM 990, PART VI, SECTION A, LINE 7B CERTAIN RIGHTS ARE RESERVED TO COUNTY FARM BUREAUS THAT ARE MEMBERS OF THE ORGANIZATION, INCLUDING: 1) ADOPT THE GENERAL POLICIES OF THE ORGANIZATION, 2) ELECT THE BOARD OF DIRECTORS AND APPROVE THE COMPENSATION OF DIRECTORS, INCLUDING THE PRESIDENT, 3) NOMINATE VOTING DELEGATES TO THE AMERICAN FARM BUREAU FEDERATION, 4) SELECT THE ORGANIZATION'S INTERNAL STUDY COMMITTEE, AND 5) ADOPT AMENDMENTS TO THE ARTICLES OF INCORPORATION.
FORM 990, PART VI, SECTION B, LINE 11B THE OFFICERS OF THE ORGANIZATION REVIEW THE COMPLETED FORM 990 FIRST. BEFORE THE SEPTEMBER BOARD MEETING, AN ELECTRONIC VERSION OF THE 990 IS PLACED ON THE BOARD WEBSITE FOR BOARD REVIEW. AFTER ALL COMMENTS OR QUESTIONS HAVE BEEN ADDRESSED, THE EXECUTIVE DIRECTOR WILL SIGN THE RETURN AND INSTRUCT THE ACCOUNTING DEPARTMENT TO TIMELY FILE THE RETURN, TAKING INTO ACCOUNT ALL EXTENSIONS AND FILING DEADLINES.
FORM 990, PART VI, SECTION B, 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, AND 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 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.
FORM 990, PART VI, SECTION B, LINE 15 INDEPENDENT THIRD PARTY REVIEWS ARE PERIODICALLY CONDUCTED FOR ALL OFFICERS AND KEY EMPLOYEES. WITH RESPECT TO THE COMPENSATION OF THE PRESIDENT, THESE RESULTS ARE REVIEWED BY THE INTERNAL STUDY COMMITTEE (DESCRIBED IN COMMENT FOR PART VI, ITEM 7B ABOVE), WHICH RECOMMENDS THE COMPENSATION OF THE PRESIDENT FOR APPROVAL BY THE COUNTY FARM BUREAUS THAT ARE MEMBERS OF THE ORGANIZATION. FOR OTHER OFFICERS AND KEY EMPLOYEES, THESE RESULTS ARE REVIEWED BY, AND COMPENSATION FOR THESE POSITIONS IS APPROVED BY, THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION C, 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 MADE AVAILABLE TO MEMBERS.
FORM 990, PART IX - LINE 8, PENSION PLAN CONTRIBUTIONS PENSION PLAN CONTRIBUTIONS INCLUDE THREE AMOUNTS: 1) DEFINED CONTRIBUTION PLAN CONTRIBUTIONS, 2) DEFINED BENEFIT PLAN FAS 87 AND FAS 132 ACCRUALS, AND 3) OTHER PENSION CHANGES AS REQUIRED BY FAS 158. THE LATTER TWO ITEMS ARE ACTUARIAL CALCULATIONS THAT DO NOT REQUIRE FUNDING AND SHOULD NOT BE DEEMED AS ACTUAL CONTRIBUTIONS.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2023


Additional Data


Software ID:  
Software Version:  
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
IOWA FARM BUREAU FEDERATION
 
Employer identification number

42-0331840
Part I
Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity
(1) RVF LLC
5400 UNIVERSITY AVE
WEST DES MOINES,IA50266
14-2003564 		INVESTMENT MANAGEMENT IA 1,361,758 25,689,453 IOWA FARM BUREAU FEDERATION
 










Part II
Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No
(1)IFBF PROPERTY MANAGEMENT INC
5400 UNIVERSITY AVE

WEST DES MOINES,IA50266
42-1472056 		TITLE HOLDING COMPANY IA 501(C)(2) N/A IOWA FARM BUREAU FEDERATION
 
Yes
 
(2)IOWA FARM BUREAU FOUNDATION
5400 UNIVERSITY AVE

WEST DES MOINES,IA50266
42-1370988 		PUBLIC CHARITY IA 501(C)(3) LINE 10 IOWA FARM BUREAU FEDERATION
 
Yes
 
(3)IOWA WETLAND MITIGATION BANK INC
5400 UNIVERSITY AVE

WEST DES MOINES,IA50266
42-1511433 		ENVIRONMENTAL QUALITY PROTECTION, BEAUTIFICATION IA 501(C)(3) LINE 10 IOWA FARM BUREAU FEDERATION
 
Yes
 
(4)IOWANS FOR AGRICULTURE
5400 UNIVERSITY AVENUE

WEST DES MOINES,IA50266
20-5548927 		POLITICAL ORGANIZATION IA 527 N/A IOWA FARM BUREAU FEDERATION
 
Yes
 
(5)IOWA FARM BUREAU FEDERATION POLITICAL ACTION COMMITTEE
5400 UNIVERSITY AVE

WEST DES MOINES,IA50266
42-1285209 		POLITICAL ACTION COMMITTEE IA 527 N/A IOWA FARM BUREAU FEDERATION
 
Yes
 




For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No
(1) RURAL VITALITY FUND LP

5400 UNIVERSITY AVE
WEST DES MOINES,IA50266
26-0518384 		INVESTMENT FUND IA RVF LLC
  		INVESTMENT - SEC 512 81,068 792,733 Yes     Yes   30.680 %
(2) RURAL VITALITY FUND LP

5400 UNIVERSITY AVE
WEST DES MOINES,IA50266
26-0518384 		INVESTMENT FUND - PORTION OWNED BY PART I ABOVE IA RVF LLC
  		INVESTMENT - SEC 512 55,201 -1,611,027 Yes     Yes   20.890 %
(3) RURAL VITALITY FUND II LP

5400 UNIVERSITY AVE
WEST DES MOINES,IA50266
47-3043009 		INVESTMENT FUND - PORTION OWNED BY PART I ABOVE IA RVF LLC
  		INVESTMENT - SEC 512 -17,955 1,491,910 Yes     Yes   20.830 %
(4) RURAL VITALITY FUND II LP

5400 UNIVERSITY AVE
WEST DES MOINES,IA50266
47-3043009 		INVESTMENT FUND IA RVF LLC
  		INVESTMENT - SEC 512 -9,449 -906,671 Yes     Yes   39.580 %
(5) FB PROPERTY HOLDINGS

5400 UNIVERSITY AVE
WEST DES MOINES,IA50266
86-3227570 		REAL ESTATE HOLDING COMPANY IA IOWA FARM BUREAU FEDERATION
  		INVESTMENT - SEC 512 437,776 11,457,381 Yes     Yes   65.000 %
(6) FB PROPERTY HOLDINGS II

5400 UNIVERSITY AVE
WEST DES MOINES,IA50266
93-3873187 		REAL ESTATE HOLDING COMPANY IA RVF LLC
  		INVESTMENT - SEC 512 54,852 6,294,729 Yes     Yes   43.490 %


Part IV
Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) FARM BUREAU MANAGEMENT CORPORATION

5400 UNIVERSITY AVE
WEST DES MOINES,IA50266
42-0686922 		MANAGEMENT SERVICES COMPANY IA IA FARM BUREAU FEDERATION
  		C -197,110 21,251,734 100.000 % Yes  
(2) FBL FINANCIAL GROUP INC

5400 UNIVERSITY AVE
WEST DES MOINES,IA50266
42-1411715 		INSURANCE SERVICES HOLDING COMPANY IA IA FARM BUREAU FEDERATION
  		C 50,090,400 7,135,369,920 72.000 % Yes  
(3) CFB SERVICE COMPANY

5400 UNIVERSITY AVE
WEST DES MOINES,IA50266
46-3380542 		ACCOUNTING SERVICES COMPANY IA IA FARM BUREAU FEDERATION
  		C   89,804 100.000 % Yes  
(4) FARM BUREAU HEALTH BENEFIT PLAN LLC

5400 UNIVERSITY AVE
WEST DES MOINES,IA50266
82-5484835 		HEALTH BENEFIT PLAN IA IA FARM BUREAU FEDERATION
  		C 1,518,586 11,589,760 100.000 % Yes  






Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
Page 3
Part V
Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................
1a
Yes
 
b Gift, grant, or capital contribution to related organization(s) ............................
1b
Yes
 
c Gift, grant, or capital contribution from related organization(s) ............................
1c
Yes
 
d Loans or loan guarantees to or for related organization(s) ............................
1d
 
No
e Loans or loan guarantees by related organization(s) ............................
1e
 
No
f Dividends from related organization(s) ............................
1f
Yes
 
g Sale of assets to related organization(s) ............................
1g
 
No
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
Yes
 
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
Yes
 
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
Yes
 
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
Yes
 
o Sharing of paid employees with related organization(s) ............................
1o
Yes
 
p Reimbursement paid to related organization(s) for expenses ............................
1p
 
No
q Reimbursement paid by related organization(s) for expenses ............................
1q
 
No
r Other transfer of cash or property to related organization(s) ............................
1r
 
No
s Other transfer of cash or property from related organization(s) ............................
1s
Yes
 
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) IFBF PROPERTY MANAGEMENT INC

 F 13,811,951 COMPARABLE SALES
(2) IFBF PROPERTY MANAGEMENT INC

 S 9,121,510 COMPARABLE SALES
(3) IFBF PROPERTY MANAGEMENT INC

 K 1,078,049 COMPARABLE SALES
(4) IOWA FARM BUREAU FEDERATION POLITICAL ACTION COMMITTEE

 L 437,762 COST
(5) FARM BUREAU MANAGEMENT CORP

 B 3,000,000 COMPARABLE SALES
(6) FARM BUREAU MANAGEMENT CORP

 F 173,204 COMPARABLE SALES
(7) FARM BUREAU MANAGEMENT CORP

 M 8,436,439 COMPARABLE SALES
(8) FARM BUREAU MANAGEMENT CORP

 K 227,222 COMPARABLE SALES
(9) FBL FINANCIAL GROUP INC

 A 688,035 COMPARABLE SALES
(10) FBL FINANCIAL GROUP INC

 L 115,250 COMPARABLE SALES
(11) FBL FINANCIAL GROUP INC

 M 197,096 COMPARABLE SALES
(12) FARM BUREAU HEALTH BENEFIT PLAN LLC

 A 621,000 COMPARABLE SALES
(13) FARM BUREAU HEALTH BENEFIT PLAN LLC

 C 1,200,000 COMPARABLE SALES
Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. See instructions.
Return Reference Explanation
Schedule R (Form 990) 2023

Additional Data


Software ID:  
Software Version: