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

EIN: 420684997 Food, Agriculture & Nutrition

DE WITT, IA

Total Revenue
$239,236
Total Expenses
$176,170
Total Assets
$1,464,651
Net Assets
$1,460,690
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Financial Trends

Organization Details

Formation Year
1912
Legal Domicile
IA
Principal Officer
CHAD PETERSEN
Phone
5636595134
Tax Period
2024-01-01 to 2024-12-31

IOWA FARM BUREAU FEDERATION D/B/A CLINTON COUNTY FARM BUREAU, founded in 1912, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $239K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $63K, a strong 26% operating margin.

Mission

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

Program Service Accomplishments

Program 1

PUBLIC POLICY: THE COMPANY INFLUENCED PUBLIC POLICY AFFECTING THEIR MEMBERS. MEMBERS SURFACED ISSUES OF CONCERN TO THEIR BUSINESSES AND COMMUNITIES, AND PRIORITIZED ISSUES RAISED BY OTHER MEMBERS...

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PUBLIC POLICY: THE COMPANY INFLUENCED PUBLIC POLICY AFFECTING THEIR MEMBERS. MEMBERS SURFACED ISSUES OF CONCERN TO THEIR BUSINESSES AND COMMUNITIES, AND PRIORITIZED ISSUES RAISED BY OTHER MEMBERS. THE BOARD DISTRIBUTED AN OPINIONNAIRE TO POLL MEMBERS ABOUT PRIORITY ISSUES AND REVIEWED THE RESULTS OF THAT POLL BEFORE DRAFTING POLICY STATEMENTS. THE COMPANY'S VOTING DELEGATE PARTICIPATED IN A STATE-WIDE CONFERENCE TO DEBATE DRAFT POLICY STATEMENTS AND ADOPT FINAL POLICY POSITIONS.

Program 2

LEGISLATIVE INFLUENCE: THE COMPANY INFLUENCED ELECTED OFFICIALS AT THE LOCAL, STATE, AND NATIONAL LEVELS ON BEHALF OF THEIR MEMBERS. THEIR BOARD MET WITH COUNTY SUPERVISORS TO DISCUSS LOCAL BUDGET...

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LEGISLATIVE INFLUENCE: THE COMPANY INFLUENCED ELECTED OFFICIALS AT THE LOCAL, STATE, AND NATIONAL LEVELS ON BEHALF OF THEIR MEMBERS. THEIR BOARD MET WITH COUNTY SUPERVISORS TO DISCUSS LOCAL BUDGET PRIORITIES. LEADERS MET WITH STATE SENATORS AND REPRESENTATIVES BEFORE THE SESSION TO DISCUSS LEGISLATIVE PRIORITIES, AND DURING THE SESSION, BOTH LOCALLY AND AT THE CAPITOL, TO EMPHASIZE POSITIONS ON PENDING LEGISLATION. ONE LEADER TRAVELED TO WASHINGTON DC TO PARTICIPATE IN DISCUSSIONS WITH THEIR REPRESENTATIVE AND SENATORS. LEADERS PARTICIPATED IN MEETINGS WITH MEMBERS OF CONGRESS TO ADVOCATE FOR MEMBERS ON NATIONAL ISSUES.

Program 3

COMMUNICATIONS/PUBLIC RELATIONS/EDUCATION: THE COMPANY PROMOTED AGRICULTURE TO ITS MEMBERS AND THE GENERAL PUBLIC. THEIR EMPLOYEE AND VOLUNTEERS DELIVERED STEM-BASED PROGRAMMING ABOUT AGRICULTURAL...

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COMMUNICATIONS/PUBLIC RELATIONS/EDUCATION: THE COMPANY PROMOTED AGRICULTURE TO ITS MEMBERS AND THE GENERAL PUBLIC. THEIR EMPLOYEE AND VOLUNTEERS DELIVERED STEM-BASED PROGRAMMING ABOUT AGRICULTURAL PRODUCTION TO GRADE SCHOOL STUDENTS IN THE COUNTY. THEY SPONSORED PRINT ADVERTISING IN LOCAL PUBLICATIONS PROMOTING AG-RELATED EVENTS AND AGRICULTURAL PRODUCTION. MEMBERS SUBMITTED CONTENT FOR LOCAL PUBLICATIONS, USED THEIR PERSONAL SOCIAL MEDIA PLATFORMS TO PROMOTE AGRICULTURE, AND APPEARED IN MEDIA COVERAGE. THE COMPANY AWARDED SCHOLARSHIPS TO STUDENTS PURSUING AGRICULTURE RELATED FIELDS OF STUDY. THEY FINANCIALLY SUPPORTED, AND PARTICIPATED IN, THE LOCAL COUNTY FAIR.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $38,765
Program Service Revenue $116,840
Investment Income $66,982
Other Revenue $16,649
TOTAL REVENUE $239,236

Expense Breakdown

Grants Paid $4,900
Salaries & Benefits $48,263
Fundraising Expenses $0
Other Expenses $120,670
TOTAL EXPENSES $176,170

Year-over-Year Comparison

2024 2023 Change
Revenue $239,236 $214,844 +0.1%
Expenses $176,170 $176,455 0.0%
Net Income $63,066 $38,389 +0.6%
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
13
Independent Members
13
Employees
2
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
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHAD PETERSEN PRESIDENT 2.00
Officer Director
$0 $0 $0
BRANDON FRANCK VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
MATT MCGUIRE SECRETARY 2.00
Officer Director
$0 $0 $0
RANDY ROEDER TREASURER 2.00
Officer Director
$0 $0 $0
CURTIS ALLEN VOTING DELEGATE 2.00
Officer Director
$0 $0 $0
TAIT WILSON DIRECTOR 1.00
Director
$0 $0 $0
MATT WILLIMACK DIRECTOR 1.00
Director
$0 $0 $0
JENNA VANDERHEIDEN DIRECTOR 1.00
Director
$0 $0 $0
SCOTT DOLL DIRECTOR 1.00
Director
$0 $0 $0
JASON RATHJE DIRECTOR 1.00
Director
$0 $0 $0
ERIC SKIFF DIRECTOR 1.00
Director
$0 $0 $0
TOM MCCONOHY DIRECTOR 1.00
Director
$0 $0 $0
LANCE GOETTSCH DIRECTOR 1.00
Director
$0 $0 $0
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 $239,236 $176,170 $1,464,651 $63,066
2023 $214,844 $176,455 $1,425,131 $38,389
2022 $1,181,025 $192,759 $1,406,500 $988,266
2021 $221,740 $186,995 $424,251 $34,745
2020 $179,647 $178,975 $412,034 $672
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