2024-11-07T02:27:00-00:00 2023-12-31 421186197 GARDINERCOMPANY PC 10555 NEW YORK AVE DES MOINES IA 50322 990 2023-01-01 420685000 IOWA FARM BUREAU FEDERATION IOWA 7127555145 908 6TH STREET HARLAN IA 515371405 Mike Kelley Treasurer 7125792750 2024-10-29 true true MAX N STUDER CPA P01272566 5152701446 2024-11-07 2023 2024-10-15 13:58:12Z SHELBY COUNTY FARM BUREAU Joel Wahling 200 Plateau Street PO Box 177 Shelby IA 51570 149760 false 0626 X X 1918 IA To create a vibrant future for agriculture, farm families their communities. 18 18 1 35 0 1005071 11480 46530 47880 26659 61648 22190 17507 1100450 138515 27150 18150 2346 2120 21964 32609 0 0 65397 62496 116857 115375 983593 23140 1360894 1379108 5155 2555 1355739 1376553 X To create a vibrant future for agriculture, farm families their communities. false false Ag Education Shelby County Farm Bureau strongly supports Agricultural Education and has worked very hard at keeping the local schools aware of how important agriculture is. They have done this by supporting the Loess Hills AITC that has started in SW Iowa, assisting AITC with STEM night activities in area schools, assisting AITC with the Shelby County Fair booth, supporting all 4 local FFA Chapters, awarding scholarships to seniors attending college, sending local young farmers to the Young Farmers Leadership conference and hosting an annual summer Teacher workshop. false false false true false false false false true true false true false true true true false false false false false false false false false false true false false false false false false false false false false false false false false false false true 1 0 true 1 true false false false false false false false false false false false false X 18 18 false false false false true true true true true false false false true true true true true true false false false IA X THE ORGANIZATION 7127555145 908 6th Street Harlan IA 51537 DANIEL HELLER DIRECTOR 001.00 X 0 0 260 MIKE FARA DIRECTOR 001.00 X 0 0 148 GAYLEN SMITH DIRECTOR 001.00 X 0 0 116 ERIC MONSON DIRECTOR 001.00 X 0 0 56 JOEL WAHLING PRESIDENT 002.00 X X 0 0 20 ALAN KENKEL DIRECTOR 001.00 X 0 0 20 CHRIS EVANS DIRECTOR 001.00 X 0 0 20 RON MILLER DIRECTOR 001.00 X 0 0 16 AMY MCLAUGHLIN DIRECTOR 001.00 X 0 0 16 GABE FERRY DIRECTOR 001.00 X 0 0 16 JASON PETERSEN VICE PRESIDENT 002.00 X X 0 0 0 MIKE KELLEY TREASURER 002.00 X X 0 0 0 SAM KENKEL VOTING DELEGATE 002.00 X X 0 0 0 JEROD JOHNSON DIRECTOR 001.00 X 0 0 0 RANDY NELSON DIRECTOR 001.00 X 0 0 0 TODD BLUM DIRECTOR 001.00 X 0 0 0 PAULETTE MADSON DIRECTOR 001.00 X 0 0 0 MATT BARTELSON DIRECTOR 001.00 X 0 0 0 688 false false false 1350 10130 11480 MEMBERSHIP DUES 900099 47880 47880 47880 61648 61648 22082 11245 10837 10837 10837 Expense Recoveries 900099 6670 6670 6670 138515 65387 61648 17150 1000 0 2120 688 0 29462 0 163 2296 1064 0 1210 0 0 0 4139 7097 0 0 0 360 0 9533 0 23408 9239 1819 SPOKESMAN, DUES SUBSCRIPTIONS 2967 AG COMMUNITY PROMOTION 962 MEMBERSHIP ACQUISITION 698 0 115375 50 50 77277 60743 2273 2363 275433 162812 110915 112621 174878 207830 995176 995176 325 325 1360894 1379108 4125 2555 1030 5155 2555 X 360563 381377 995176 995176 1355739 1376553 1360894 1379108 X 23140 22764 -25090 X false true X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true false false III-A 1 90 of membership dues came from persons, families or entities who paid dues of 132 or less in 2023. false 1007598 49690 24600 1032688 995176 12422 1007598 1.00000 false false 10043 10043 252436 155166 97270 12954 7646 5308 112621 Financial derivatives and other financial products Closely-held equity interests CFBRDT, LLC Endowment Investment 995176 C 995176 Federal income taxes X 147434 22764 11245 34009 113425 25090 25090 138515 126620 11245 11245 115375 115375 V 4 The Board designated funds are invested in a diversified portfolio that will provide a source of investment income to support the Organizations programs on a long-term basis. X 2 FOOTNOTES IN FINANCIAL STATEMENTS Summary of Significant Accounting Policies In accordance with the Income Taxes Topic of FASB ASC, the Company evaluates uncertain tax benefits arising from tax positions taken or expected to be taken based on the likelihood of being sustained upon examination by applicable tax authorities. If the Company determines that a tax position is more likely than not of being sustained, it recognizes the largest amount of the arising benefit that is greater than 50 of being realized upon settlement in the financial statements. Any tax positions taken or expected to be taken that do not pass the more likely than not test, the Company establishes reserves offsetting the benefits related to such positions. Interest and penalties if any, are included in the current provision for income taxes in the Companys statements of activities and are included as a current liability in the statement of financial position. Income Tax Footnote The Company has evaluated its tax positions and has concluded that the organization had taken no uncertain tax positions that require adjustment to the financial statements nor was there any unrelated business income for the year ending December 31, 2023. XI 2d Rent and Building Expenses XI 4b Difference between K-1 endowment investment income reported on 990 for CFBRDT, LLC investment carried on the books at cost basis per GAAP. XII 2d Rent and Building Expenses true Loess Hills Agriculture in the Classroom 908 6th Street Harlan IA 51537 884242576 501c3 10000 Agriculture in the Classroom Support Shelby County Fair Board 314 4th Street Harlan IA 51537 420519825 501c3 6000 Donation for Little Hands Fair Exhibit 2 Part I Line 2 Board receives updates from donee recipients. Form 990, Part III, Line 4d The Company has various programs that are aimed at providing information to members on current agricultural issues through newsletters, meetings, etc. 1,053 members were benefitted in this manner during 2023. Form 990, Part VI, Section A, Line 6 Any person may be a Farm Bureau member. All Farm Bureau members have the same vote and access to member benefits. Form 990, Part VI, Section A, Line 7a The organizations members elect the Board of Directors. In order to hold an officer position within Farm Bureau, the member must be actively engaged in farming, which must be their primary interest. Form 990, Part VI, Section A, Line 7b Decisions of the governing body subject to approval by members include setting annual membership dues and nominating voting delegates to the Iowa Farm Bureau Federation. Form 990, Part VI, Section B, Line 11b After the organizations CPA firm prepares the documentation and return, management reviews the documents and presents the return to all members of the governing body. Following final approval, the return is signed by an officer and submitted to the IRS. Form 990, Part VI, Section B, Line 12c On an annual basis, the organization requires the governing body and key employees to sign a conflicts of interest policy certification stating that they have received, read and agree to comply with the provisions set forth in the organizations conflicts of interest policy. Form 990, Part VI, Section C, Line 19 The organization does not make its governing documents, conflicts of interest policy, or financial statements available for public inspection. Pursuant to state law, some documents may be available to members. Form 990, Part XI, Line 9 K-1 Investment income difference for cost basis investment CFBRDT, LLC Endowment Investment