2025-09-18T13:28:30-05:00 2024-12-31 421186197 GARDINER COMPANY PC 10555 NEW YORK AVENUE SUITE 200 DES MOINES IA 50322 990 2024-01-01 420688076 IOWA FARM BUREAU FEDERATION D/B/A SAC COUNTY FARM BUREAU IOWA 7126624768 117 SOUTH 5TH STREET SAC CITY IA 505832333 LIZ GEHLING PRESIDENT 3199393573 2025-09-18 1 1 MAX N STUDER CPA P01272566 5152701446 2024 2025-03-06 01:10:19Z SAC COUNTY FARM BUREAU LIZ GEHLING 117 SOUTH 5TH STREET SAC CITY IA 505832333 229438 0 0626 X N/A X 1918 IA TO CREATE A VIBRANT FUTURE FOR AGRICULTURE, FARM FAMILIES & THEIR COMMUNITIES. 11 11 1 78 0 0 15729 17102 49700 49400 60506 72737 11618 10035 137553 149274 1200 3400 2759 4225 27087 28668 0 0 0 67532 70056 98578 106349 38975 42925 1411717 1445538 2862 3310 1408855 1442228 X TO CREATE A VIBRANT FUTURE FOR AGRICULTURE, FARM FAMILIES AND THEIR COMMUNITIES. 0 0 POLICY: THE COMPANY WAS ACTIVE IN ACHIEVING THEIR GOAL OF INFLUENCING PUBLIC POLICY FOR THE BENEFIT OF THEIR 950 MEMBERS IN THE COUNTY. THE BOARD OF DIRECTORS GENERATED AN OPINIONNAIRE TO DISTRIBUTE TO ALL OF THEIR MEMBERS SO THEY COULD VOICE THEIR VIEWS ON ISSUES THAT ARE IMPORTANT TO THEIR MEMBERS. THESE WERE DISTRIBUTED VIA EMAIL AND U.S. MAIL. THE RESULTS WERE TABULATED AND POLICY WAS APPROVED BY MEMBERS AT THEIR POLICY DEVELOPMENT MEETING IN JUNE AND REVIEWED AT THE COMPANY'S ANNUAL MEETING IN AUGUST, WITH 175 MEMBERS ATTENDING. AG PROMOTION: THE COMPANY PROMOTED AGRICULTURE TO MEMBERS AND THE GENERAL PUBLIC IN VARIOUS WAYS. THE COMPANY PURCHASED PRINT AND RADIO ADVERTISING THROUGHOUT THE YEAR THAT PROMOTE LIVESTOCK AND ROW CROP PRODUCTION AS WELL AS ADVOCATING FOR AGRICULTURE TO THE 10,000 RESIDENTS OF THE COUNTY. THE COMPANY HOSTS AN APPRECIATION MEAL AND SOCIAL GATHERING IN AUGUST FOR ALL 950 MEMBERS, WITH 175 ATTENDING. THE COMPANY ALSO PROMOTES AGRICULTURE THROUGH ACTIVITIES IT DOES AND SPONSORS DURING THE COUNTY FAIR IN JULY, REACHING 13,000 ATTENDEES. AGRICULTURE EDUCATION: THE COMPANY IS A STRONG SUPPORTER OF AGRICULTURE EDUCATION TO PEOPLE OF ALL AGES, BUT IN PARTICULAR, ELEMENTARY SCHOOL STUDENTS IN THE COUNTY. THE COMPANY PROVIDES MATERIALS AND BOOKS TO OVER 250 STUDENTS IN THE COUNTY. SCHOLARSHIPS WERE AWARDED TO 6 ELIGIBLE HIGH SCHOOL AND COLLEGE STUDENTS AND THE COMPANY HOSTED AN AGRICULTURE AG CAREER DAY AT A MIDDLE SCHOOL IN THE COUNTY THAT IMPACTED 150 YOUTH IN GRADES 6TH THROUGH 8TH. THE COMPANY ALSO DEVELOPS RELATIONSHIPS WITH THE 3 FFA CHAPTERS IN THE COUNTY REACHING AN ADDITIONAL 135 HIGH SCHOOL YOUTH. THE COMPANY HAS VARIOUS PROGRAMS THAT ARE AIMED AT PROVIDING INFORMATION TO MEMBERS ON CURRENT AGRICULTURAL ISSUES THROUGH NEWSLETTERS, MEETINGS, ETC. 1,004 MEMBERS WERE BENEFITTED IN THIS MANNER DURING 2024. 0 0 0 1 0 0 0 0 1 1 0 1 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 0 0 0 1 4 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 7126624768 117 SOUTH 5TH STREET SAC CITY IA 505832333 X LIZ GEHLING PRESIDENT 1.50 X X 0 0 0 ADAM COOK VICE PRESIDENT 1.50 X X 0 0 0 TAYLOR BLAIR SECRETARY/TREASURER 1.50 X X 0 0 0 KELLI BERG VOTING DELEGATE 1.50 X X 0 0 0 EMILY MASON DIRECTOR 0.50 X 0 0 0 BEN KOLBE DIRECTOR 0.50 X 0 0 0 KEVIN STEINKAMP DIRECTOR 0.50 X 0 0 0 DARREN CLAYTON DIRECTOR 0.50 X 0 0 0 GARY LANGBEIN DIRECTOR 0.50 X 0 0 0 NICOLE COHOON DIRECTOR 0.50 X 0 0 0 STEPH ERPELDING DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 0 2100 15002 17102 MEMBERSHIP DUES 900099 49400 49400 49400 58979 58979 5460 9734 -4274 -4274 -4274 84188 70430 13758 13758 13758 EXPENSE RECOVERIES 900099 14309 14309 14309 149274 59435 0 72737 400 3000 4225 26478 122 2068 988 1285 2945 10929 8472 389 11745 21736 3151 1474 SPOKESMAN, DUES & SUBSC 3181 AG & COMMUNITY PROMOTIO 3118 MEMBERSHIP ACQUISITION 628 MISCELLANEOUS 15 106349 35 35 54065 61546 4347 4452 154537 100947 56742 53590 251887 281274 995176 995176 49465 49465 1411717 1445538 2862 3310 2862 3310 X 413679 447052 995176 995176 1408855 1442228 1411717 1445538 X 42925 16709 -26261 X 0 1 X 0 0 1 0 0 PART III-A, LINE 1 90% OF MEMBERSHIP DUES CAME FROM PERSONS, FAMILIES OR ENTITIES WHO PAID DUES OF $140 OR LESS IN 2024. 1032688 51476 25215 1058949 1007598 49690 24600 1032688 0 995176 12422 1007598 1.00000 0 0 2938 2938 140985 90787 50198 10614 10160 454 53590 CFBRDT LLC ENDOWMENT INVESTMENT 995176 C 995176 X 149456 16709 9734 26443 123013 26261 26261 149274 116083 9734 9734 106349 0 106349 PART V, LINE 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. PART X, LINE 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, 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENT AND BUILDING EXPENSES 9,734. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIFFERENCE BETWEEN K-1 ENDOWMENT INVESTMENT INCOME REPORTED ON 990 FOR 26,261. CFBRDT, LLC INVESTMENT CARRIED ON THE BOOKS AT COST BASIS PER GAAP. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT AND BUILDING EXPENSES 9,734. FORM 990, PART VI, SECTION A, LINE 2 GARY LANGBEIN AND NICOLE COHOON (FATHER AND DAUGHTER) 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 ORGANIZATION 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 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 18 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 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 -26,261. ENDOWMENT INVESTMENT)