IOWA FARM BUREAU FEDERATION D/B/A WEBSTER COUNTY FARM BUREAU

EIN: 420681391

FORT DODGE, IA

Total Revenue
$192,864
Total Expenses
$155,380
Total Assets
$1,742,258
Net Assets
$1,737,892
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Financial Trends

Organization Details

Formation Year
1918
Legal Domicile
IA
Principal Officer
DENIS HEATHERINGTON
Phone
5159553898
Tax Period
2024-01-01 to 2024-12-31

IOWA FARM BUREAU FEDERATION D/B/A WEBSTER COUNTY FARM BUREAU, founded in 1918, is a small nonprofit that reported $193K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $37K, a strong 19% operating margin.

Mission

TO CREATE A VIBRANT FUTURE FOR AGRICULTURE, FARM FAMILIES AND THEIR COMMUNITIES.

Program Service Accomplishments

Program 1

PUBLIC POLICY: PROMOTED THE ISSUE SURFACING AND ISSUE PRIORITIZATION PROCESS BY GETTING MEMBERS TO PARTICIPATE THROUGH ELECTRONIC SURVEYS. COUNTY FARM BUREAU BOARD OF DIRECTORS MET WITH THE COUNTY...

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PUBLIC POLICY: PROMOTED THE ISSUE SURFACING AND ISSUE PRIORITIZATION PROCESS BY GETTING MEMBERS TO PARTICIPATE THROUGH ELECTRONIC SURVEYS. COUNTY FARM BUREAU BOARD OF DIRECTORS MET WITH THE COUNTY SUPERVISORS TO REVIEW THE BUDGET AND LOBBY FOR ADDITIONAL FUNDING FOR COUNTY RURAL ROADS AND BRIDGES. THE BOARD OF DIRECTORS LOBBIED STATE AND NATIONAL LEVEL LEGISLATORS SEVERAL TIMES THROUGHOUT THE YEAR AT LOCAL TOWN HALL MEETINGS AND A DAY AT THE CAPITOL ON ISSUES SUCH AS PROPERTY TAX RELIEF AND GRAIN INDEMNITY FUND. THE COUNTY FARM BUREAU INVITED MEMBERS TO ATTEND THE ANNUAL MEETING AT THE OPRY HOUSE IN FORT DODGE. THE MEMBERS WERE THEN GIVEN THE OPPORTUNITY TO ELECT THE BOARD OF DIRECTORS AND REVIEW THE AUDITED FINANCIAL REPORTS.

Program 2

EDUCATION, AG IN THE CLASSROOM: PROMOTED SCHOLARSHIP OPPORTUNITIES FOR MEMBERS AWARDING SCHOLARSHIPS TO HIGH SCHOOL SENIORS. AG IN THE CLASSROOM COORDINATOR CONDUCTED A SERIES OF PRESENTATIONS TO...

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EDUCATION, AG IN THE CLASSROOM: PROMOTED SCHOLARSHIP OPPORTUNITIES FOR MEMBERS AWARDING SCHOLARSHIPS TO HIGH SCHOOL SENIORS. AG IN THE CLASSROOM COORDINATOR CONDUCTED A SERIES OF PRESENTATIONS TO PRE-K THROUGH 8TH GRADERS AT FIVE SCHOOLS IN THE COUNTY. THE COURSES PROVIDED INFORMATION ON TOPICS INCLUDING CORN, SOYBEAN, SWINE, AND BEEF PRODUCTION ALONG WITH THE NUMEROUS BY-PRODUCTS THAT ARE DERIVED FROM EACH OF THEM. PROVIDED A VIRTUAL EXPERIENCE FARM CHAT FROM THE TRACTOR TO CLASSROOM STUDENTS WHILE PLANTING AND HARVESTING CROPS. DURING THE SUMMER, TWO COUNTY LIBRARIES PARTICIPATED IN SUMMER AGRICULTURAL EDUCATION OPPORTUNITIES PROVIDED THROUGH OUR PARTNERSHIP WITH OUR AGRICULTURAL IN THE CLASSROOM COORDINATORS.

Program 3

AGRICULTURAL PUBLIC RELATION EVENTS: TO HELP CELEBRATE AG WEEK DURING MARCH, THE COUNTY FARM BUREAU RAN ADS IN THE LOCAL NEWSPAPERS AND RADIO INFORMING THE PUBLIC ABOUT THE NUMBER OF JOBS IN THE...

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AGRICULTURAL PUBLIC RELATION EVENTS: TO HELP CELEBRATE AG WEEK DURING MARCH, THE COUNTY FARM BUREAU RAN ADS IN THE LOCAL NEWSPAPERS AND RADIO INFORMING THE PUBLIC ABOUT THE NUMBER OF JOBS IN THE COUNTY THAT ARE RELATED TO THE AGRICULTURAL INDUSTRY. THEY AIRED AG TRIVIA QUESTIONS ON THE LOCAL RADIO STATION. THE FIRST CALL-IN RESPONDENT TO CORRECTLY ANSWER THE MULTIPLE-CHOICE QUESTION RECEIVED A GIFT CERTIFICATE. IT IS ESTIMATED THAT THOUSANDS OF LISTENERS WERE INFLUENCED BY THE ADVERTISING. THE COMPANY DONATED WOOD CHIPS FOR 4-H AND FFA LIVESTOCK EXHIBITORS, CONDUCTED A YOUTH TRACTOR PULL, PROVIDED FREE WATERMELON, AND PROVIDED A SWEET CORN FEED MEAL WITH THE PROCEEDS BEING DONATED TO ALL COUNTY FOOD BANKS. THE COUNTY FARM BUREAU DONATED $10,000 TO THE WEBSTER COUNTY FAIRGROUNDS FOR A NEW SWINE, GOAT, AND SHEEP SHOW ARENA. SPONSORED FARM NEWS AG SHOW PANCAKE BREAKFAST HOSTING AGRICULTURE VENDORS TO ATTENDEES.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $34,095
Program Service Revenue $74,746
Investment Income $83,429
Other Revenue $594
TOTAL REVENUE $192,864

Expense Breakdown

Grants Paid $34,935
Salaries & Benefits $25,132
Fundraising Expenses $0
Other Expenses $90,808
TOTAL EXPENSES $155,380

Year-over-Year Comparison

2024 2023 Change
Revenue $192,864 $176,642 +0.1%
Expenses $155,380 $138,475 +0.1%
Net Income $37,484 $38,167 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
1
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$440
Total Directors
14
$812
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENIS HEATHERINGTON PRESIDENT 1.25
Officer Director
$0 $148 $148
ANTON STANEK VICE PRESIDENT 1.25
Officer Director
$0 $143 $143
GARY SCHWENDEMANN SECRETARY 1.25
Officer Director
$0 $73 $73
JOE HORA TREASURER 1.25
Officer Director
$0 $38 $38
JEREMY SWANSON VOTING DELEGATE 1.25
Officer Director
$0 $38 $38
AARON NEWELL DIRECTOR 0.75
Director
$0 $48 $48
LARRY ALLIGER DIRECTOR 0.75
Director
$0 $38 $38
KYLE MAAS DIRECTOR 0.75
Director
$0 $38 $38
DAVE SEIL DIRECTOR 0.75
Director
$0 $48 $48
JOHN FREDRICKSON DIRECTOR 0.75
Director
$0 $48 $48
SAM CONDON DIRECTOR 0.75
Director
$0 $38 $38
AUSTIN NERHUS DIRECTOR 0.75
Director
$0 $38 $38
SCOTT DANIELSON DIRECTOR 0.75
Director
$0 $38 $38
GABE HEUN DIRECTOR 0.75
Director
$0 $38 $38
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $192,864 $155,380 $1,742,258 $37,484
2023 $176,642 $138,475 $1,714,922 $38,167
2022 $1,141,329 $125,852 $1,679,645 $1,015,477
2021 $148,496 $124,533 $702,707 $23,963
2020 $138,180 $110,571 $665,035 $27,609
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