2024-04-24T08:55:44-05:00 2023-09-30 411397419 Abdo LLP 5201 Eden Ave Ste 250 Edina MN 55436 990 2022-10-01 410417230 Minnesota Farm Bureau Federation MINN 6519052100 3080 Eagandale Place Eagan MN 55121 Karin Schaefer Executive Director 6519052100 2024-04-23 1 Karin Schaefer XXX-XX-XXXX 0 Steven D Anseth CPA P00552219 9528359090 2024-04-23 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z Karin Schaefer 3080 Eagandale Place Eagan MN 55121 3882747 0 X www.fbmn.org X 1919 MN We operate for charitable and educational purposes for the well-being of Minnesota Agriculture. 11 9 18 120 48648 0 0 124226 1409077 1533851 154785 -98369 1632758 1841250 3196620 3400958 0 0 0 0 1749814 1727424 0 0 0 1399906 1727148 3149720 3454572 46900 -53614 4970686 5768055 1187577 1504926 3783109 4263129 To promote various farming activities and to educate the farming communities about new techniques, products and bureau procedures. 0 0 Field Service: Provide 5 field representatives to county organizations throughout Minnesota. Field representatives help county organizations implement Farm Bureau programs. Member Services & County Activities: Provide bookkeeping assistance and supplies to county farm bureau organizations. Legislative, Research & Education: Provide information on agricultural issues to those involved in AG legislation. Sponsor seminars & meetings to update members on AG issues. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 21 0 1 18 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 9 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 0 MN X Karin Schaefer 6519052100 3080 Eagandale Place Eagan MN 55121 Dan Glessing President 20.00 10.00 X X 49285 0 0 Carolyn Olson Vice-President 2.00 1.00 X X 11600 0 0 Jeff Pagel Director 2.00 1.00 X 0 0 0 Robert Roelofs Director 2.00 1.00 X 3450 0 0 Peter Bakken Director 2.00 1.00 X 2495 0 0 Nathan Collins Director 2.00 1.00 X 4050 0 0 Fran Miron Director 2.00 1.00 X 4950 0 0 Miles Kuschel Director 2.00 1.00 X 5100 0 0 Shayne Isane Director 2.00 1.00 X 1650 0 0 Katie Wiese Young Farmers and Ranchers Chair 2.00 1.00 X 0 0 0 Cindy Durheim Promotion and Education Chair 2.00 1.00 X 0 0 0 Caitlin Keck Former Young Farmers and Ranchers Chair 2.00 1.00 X 6450 0 0 Amanda Cook Former Promotion and Education Chair 2.00 1.00 X 5550 0 0 David Johnson Director of Operations/Treasurer 36.00 4.00 X 145515 0 35914 Karin Schaefer Executive Director/Secretary 36.00 4.00 X 154123 0 36308 394218 0 72222 2 0 1 0 0 116726 7500 124226 Membership Dues 900099 1396980 1396980 Leadership Income 900099 49354 49354 Other income 900099 47217 47217 Young Farmers and Ranchers 900099 40300 40300 1533851 201760 201760 1774838 1774838 9600 0 9600 9600 9600 181660 481789 -300129 -300129 -300129 Voice of AG Income 541800 48648 48648 Member benefit income 900099 8164 8164 56812 3400958 1533851 48648 1694233 384982 901226 98927 241593 100696 1750 19226 31792 216123 32595 79551 66105 145992 187815 78655 32768 Income tax expense 5661 Miscellaneous 236105 Board expenses 236093 Dues and subscriptions 166375 190542 3454572 23851 198883 19745 25536 216141 231936 5176 15536 14277 11028 168635 145255 24035 23380 4667461 4930910 0 330846 4970686 5768055 573083 421368 564494 744006 50000 0 339552 1187577 1504926 X 3783109 4263129 3783109 4263129 4970686 5768055 -53614 538620 -4986 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 Part I-A, Line 1: None. 54480 31100 23380 114155 114155 0 23380 Right-of-use asset, operating 242421 Right-of-use asset, finance 88425 330846 Lease liability, operating 245903 Lease liability, finance 93649 339552 X 3939578 538620 538620 3400958 0 3400958 3454572 0 3454572 0 3454572 Part X, Line 2: As an exempt organization under Section 501c(5) of the IRC, the Minnesota Farm Bureau Federation is not subject to income taxes, except with respect to income generated from unrelated businesses, as defined by the IRC. The Federation generates unrelated business income from advertising income. The amounts owed for federal and state unrelated business income tax were $5,661 and ($1,738) in 2023 and 2022, respectively. Accordingly, no provision for income taxes is included in these financial statements. Management believes that it is not reasonably possible for any tax position benefits to increase or decrease significantly over the next 12 months. The Organization files informational returns in the U.S. federal and in the Minnesota state jurisdictions. U.S. federal returns and Minnesota returns prior to fiscal year 2020 are closed. No returns are currently under examination in any tax jurisdiction. X 0 0 0 Karin Schaefer Executive Director/Secretary 154123 0 0 0 0 0 17430 0 18878 0 190431 0 0 0 David Johnson Director of Operations/Treasurer 145515 0 0 0 0 0 16555 0 19359 0 181429 0 0 0 Form 990, Part VI, Section A, line 6 Filing organization is organized on a membership basis and shall have two classes of membership - active and honorary. Each county farm bureau association in the state of Minnesota shall be eligible for active membership in this corporation and may have voting rights. Individual honorary membership in this corporation may be conferred by a majority vote of the board of directors upon any person. Such honorary membership shall be classified as nonvoting and shall have no voting rights. Form 990, Part VI, Section A, line 7a The members of Minnesota Farm Bureau Federation elect the Board of Directors which also serves as the board for the Minnesota Foundation for Agriculture, a related organization. Form 990, Part VI, Section A, line 7b Bylaws may be amended at any meeting of the members by a two-thirds vote or greater of the active member's voting delegates present at such meeting, provided submission and notice of the proposed amendments have been given as required by law. Form 990, Part VI, Section A, line 8b There are no committees with the ability to act on behalf of the Board. Form 990, Part VI, Section B, line 11b The Organization provided the information necessary to the accounting firm to prepare the Form 990. The Form 990 was then given to management for review and Board approval prior to filing it with the IRS. Form 990, Part VI, Section B, line 12c Each officer, trustee, committee member or executive is requiered to complete a conflict of interest disclosure statement annually, as outlined in the Organization's conflict of interest policy. Form 990, Part VI, Section B, line 15a The Board of Directors determine the salary of the Executive Director. Form 990, Part VI, Section C, line 19 The Organization's governing documents, conflict of interest policy, and financial statements are avaliable to the public upon request. Form 990, Part XII, Line 2c: This process has not changed from the prior year. Minnesota Foundation For Agriculture 3080 Eagandale Place Eagan MN 55121 411574656 Promote agriculture through the support of education, leadership, research, MN 501(c)(3) Line 7 Minnesota Farm Bureau Federation 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 Minnesota Foundation for Agriculture N 58000 Actual Amount Minnesota Foundation for Agriculture Q 129260 Actual Amount Minnesota Foundation for Agriculture P 156047 Actual Amount