2025-04-24T11:11:16-05:00 2024-08-31 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STREET SUITE 1000 PEORIA IL 61602 990 2023-09-01 361374085 LEE COUNTY FARM BUREAU LEEC 8158573531 37 SOUTH EAST AVENUE PO BOX 198 AMBOY IL 61310 ADAM HENKEL PRESIDENT 8158573531 2025-04-02 1 1 ANDREW SMITH CPA P01518894 3096714500 2025-03-28 2023 2025-03-06 01:10:19Z ADAM HENKEL 37 SOUTH EAST AVENUE PO BOX 198 AMBOY IL 61310 456509 0 X WWW.LEECFB.ORG X 1921 IL TO BE A POSITIVE VOICE FOR AGRICULTURE THROUGH LEADERSHIP AND EDUCATION TO IMPROVE THE QUALITY OF LIFE AND ECONOMIC WELL-BEING OF OUR MEMBERS AND COMMUNITY. 13 13 3 45 171613 132802 60450 16500 26521 46120 10574 14059 191642 220687 289187 297366 0 0 0 0 87993 75329 0 0 0 154273 161187 242266 236516 46921 60850 693776 774187 38990 21577 654786 752610 TO BE A POSITIVE VOICE FOR AGRICULTURE THROUGH LEADERSHIP AND EDUCATION TO IMPROVE THE QUALITY OF LIFE AND ECONOMIC WELL-BEING OF OUR MEMBERS AND COMMUNITY. 0 0 GENERAL MEMBERSHIP ACTIVITIES- TO PROVIDE ADMINISTRATIVE AND FACILITY SUPPORT SERVICES FOR APPROXIMATE MEMBERSHIP OF 2,082. INFORMATION PUBLICATION- TO PROVIDE EDUCATIONAL INFORMATION TO BOTH THE MEMBERSHIP AND NON-FARM PUBLIC BY DISSEMINATING INFORMATION THROUGH THE CFB QUARTERLY PUBLICATION, CFB WEBSITE, E-NEWSLETTERS, SOCIAL MEDIA, AND THROUGH LOCAL MEDIA OUTLETS. CIRCULATION OF PUBLICATION IS TO THE MEMBERSHIP OF APPROXIMATELY 2,082. PLAT BOOK SALES- TO PROVIDE COUNTY PLAT BOOKS TO RESIDENTS OF THE COUNTY. PROMOTION AND SUPPORT OF AGRICULTURAL RELATED ACTIVITIES- ACTIVITIES AND PROMOTIONS ARE CONDUCTED PRIMARILY FOR THE GENERAL MEMBERSHIP WITH SPECIFIC ACTIVITY INTEREST. 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 3 0 1 3 1 1 1 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ASHLEIGH ERBES 8158573531 37 SOUTH EAST AVENUE PO BOX 198 AMBOY IL 61310 ADAM HENKEL PRESIDENT 1.00 1.00 X X 1006 0 0 DAVID GORMAN VICE-PRESIDENT 1.00 1.00 X X 332 0 0 KYLE SHEAFFER SECRETARY 1.00 0.00 X X 374 0 0 MIKE MEUSEL TREASURER 1.00 0.00 X X 81 0 0 EMILY PRATT DIRECTOR 1.00 0.00 X 137 0 0 TYLER BURKE DIRECTOR 1.00 0.00 X 254 0 0 MATT SCHOENHOLZ DIRECTOR 1.00 1.00 X 274 0 0 SHANE HUSSEY DIRECTOR 1.00 0.00 X 191 0 0 LEONARD SHEAFFER DIRECTOR 1.00 0.00 X 274 0 0 LUKE WELCH DIRECTOR 1.00 0.00 X 118 0 0 ALLYN BUHROW DIRECTOR 1.00 0.00 X 313 0 0 JOSHUA KANT DIRECTOR 1.00 0.00 X 0 0 0 MELLISA MCMILLAN DIRECTOR 1.00 0.00 X 0 0 0 ASHLEIGH ERBES MANAGER (FROM 11/23) 40.00 0.00 X 5550 0 0 DANELLE BURRS MANAGER (THRU 10/23) 40.00 0.00 X 54442 0 8833 63346 0 8833 0 0 0 0 0 16500 16500 MEMBERSHIP DUES 110000 46120 46120 46120 20414 20414 64354 64354 5874 27402 -21528 -21528 -21528 123655 130010 -6355 -6355 -6355 1681 1731 -50 -50 INSURANCE SERVICE FEES 524298 171588 171588 MISCELLANEOUS 900099 6298 6298 COMMISSIONS 455000 25 25 177911 297366 52368 171613 56885 X 36375 30759 3375 4820 11883 2942 9555 6868 4594 2861 5561 6244 4391 FEDERAL INCOME TAX 28080 ALLOCATED MANAGEMENT SE 30484 AG RELATED ACTIVITIES 16477 STATE INCOME TAX 14041 17206 236516 55963 111676 107591 115002 19973 22890 1853 618 10195 11079 266507 98595 93234 167912 404700 344743 267 267 693776 774187 38657 21244 333 333 38990 21577 X 654786 752610 654786 752610 693776 774187 60850 36974 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 9484 9484 238462 83157 155305 18561 15438 3123 167912 X 358800 36974 27402 64376 294424 2942 2942 297366 260976 27402 27402 233574 2942 2942 236516 PART X, LINE 2: GAAP REQUIRES ENTITIES TO ANALYZE THE LIKELIHOOD OF DISALLOWANCE OF TAX POSITIONS TAKEN IN RETURNS ALREADY FILED OR TO BE FILED IN CASE OF EXAMINATION BY TAXING AUTHORITIES. THIS EVALUATION OF TAX POSITIONS MAY RESULT IN THE RECOGNITION OF ADDITIONAL TAX LIABILITIES OR DERECOGNITION OF CERTAIN TAX ASSETS. IN CONSULTATION WITH THE FARM BUREAU'S TAX ADVISORS, MANAGEMENT HAS CONCLUDED THAT THE CUMULATIVE EFFECT, IF ANY, OF PAST AND CURRENT TAX POSITIONS TAKEN BY THE FARM BUREAU ARE IMMATERIAL TO THE FINANCIAL STATEMENTS AS OF THE DATE OF THIS REPORT. THEREFORE, NO LIABILITY HAS BEEN RECORDED. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 27,402. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 27,402. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO CLASSES OF MEMBERS, VOTING AND NON-VOTING WITH A TOTAL OF 2,082 MEMBERS FOR THE YEAR ENDING AUGUST 31, 2024. ONLY VOTING MEMBERS CAN HOLD OFFICE. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS HAVE THE AUTHORITY TO ELECT OR APPOINT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B VARIOUS GOVERNING DECISIONS OF THE ORGANIZATION ARE SUBJECT TO APPROVAL BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B RETURN WILL BE REVIEWED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BUREAU REQUIRES EACH OFFICER AND DIRECTOR TO DISCLOSE TO THE BOARD OF DIRECTORS ANY CONFLICTS OF INTEREST OF WHICH THEY ARE AWARE, INCLUDING CONFLICTS INVOLVING OTHER OFFICERS OR DIRECTORS SUBJECT TO THIS POLICY. SUCH DISCLOSURE IS TO BE MADE BEFORE THE BOARD DISCUSSES THE ISSUE, MATTER OR TRANSACTION TO WHICH THE POSSIBLE CONFLICT APPLIES. UPON SUCH DISCLOSURE, THE BOARD MAY TAKE SUCH FURTHER ACTION IT DEEMS APPROPRIATE OR AS REQUIRED BY LAW. SUCH ACTION COULD INCLUDE REQUIRING THE DIRECTOR OR OFFICER TO RECUSE HIMSELF OR HERSELF FROM DELIBERATIONS, VOTING, DECISION-MAKING OR OTHER PARTICIPATION WITH RESPECT TO THE MATTER. THE BUREAU RETAINS A SIGNED COPY OF THE POLICY FOR EACH DIRECTOR AND REQUIRES EACH DIRECTOR TO COMPLY WITH DOCUMENTS THAT WOULD GOVERN ANY BUREAU-RELATED TRANSACTIONS ON AN ONGOING BASIS. FORM 990, PART VI, SECTION B, LINE 15 MANAGER'S CONTRACT AND COMPENSATION ARE REVIEWED ANNUALLY BY THE OFFICERS OF THE BOARD, USING COMPARABILITY DATA. A RECOMMENDATION IS MADE AND VOTED ON BY THE ENTIRE BOARD. BOARD MEMBERS ARE COMPENSATED VIA A PER DIEM AND MILEAGE AGREEMENT. MILEAGE IS PAID AT THE STANDARD IRS RATE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ON FILE AT THE OFFICE AND AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E REPAIRS AND MAINTENANCE 4,990. JANITOR SERVICE 3,794. PRINTING AND PUBLICATIONS 2,719. MISCELLANEOUS 2,369. DIRECTOR EXPENSES 1,921. MEMBERSHIP ACQUISITION 1,360. REAL ESTATE TAXES 53. FORM 990, PART VI, LINE 2C: THE PROCESS FOR OVERSEEING THE AUDIT AND SELECTING AN INDEPENDENT AUDITOR HAS NOT CHANGED FROM THE PRIOR YEAR. LEE COUNTY FARM BUREAU FOUNDATION 37 SOUTH EAST AVENUE AMBOY IL 61310 363885319 AGRICULTURAL RELATED EDUCATION AND SCHOLARSHIPS IL 501(3)(C) LINE 7 LEE COUNTY FARM BUREAU 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0