2025-09-16T13:22:03-05:00 2024-12-31 421186197 GARDINER COMPANY PC 10555 NEW YORK AVENUE SUITE 200 DES MOINES IA 50322 990 2024-01-01 420685011 IOWA FARM BUREAU FEDERATION D/B/A BUENA VISTA COUNTY FARM BUREAU IOWA 7127324004 1707 LAKE AVENUE STORM LAKE IA 50588 KRIS EHLERS VICE PRESIDENT 7128435345 2025-09-16 1 1 MAX N STUDER CPA P01272566 5152701446 2024 2025-03-06 01:10:19Z BUENA VISTA COUNTY FARM BUREAU COLLEEN MILLER 1707 LAKE AVENUE STORM LAKE IA 50588 258391 0 0626 X N/A X 1917 IA TO CREATE A VIBRANT FUTURE FOR AGRICULTURE, FARM FAMILIES & THEIR COMMUNITIES. 12 12 2 119 0 0 50393 33551 69150 64850 63565 75244 4438 -5000 187546 168645 15010 10769 4037 4542 47790 51816 0 0 0 81490 84748 148327 151875 39219 16770 1424699 1425888 4144 3681 1420555 1422207 X TO CREATE A VIBRANT FUTURE FOR AGRICULTURE, FARM FAMILIES AND THEIR COMMUNITIES. 0 0 PUBLIC POLICY: THE COMPANY WAS ACTIVE IN ACHIEVING THEIR GOAL OF INFLUENCING PUBLIC POLICY FOR THE BENEFIT OF THEIR 1,275 MEMBERS IN THE COUNTY. THE BOARD OF DIRECTORS GENERATED AN OPINIONNAIRE TO DISTRIBUTE TO ALL 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 185 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 20,100 RESIDENTS OF THE COUNTY. THE COMPANY HOSTS AN APPRECIATION MEAL AND SOCIAL GATHERING IN AUGUST FOR ALL 1,275 MEMBERS, WITH 185 ATTENDING. THE COMPANY ALSO PROMOTES AGRICULTURE THROUGH ACTIVITIES IT DOES AND SPONSORS DURING THE COUNTY FAIR IN JULY, REACHING 6,000 ATTENDEES. AGRICULTURE EDUCATION: SCHOLARSHIPS WERE AWARDED TO 8 ELIGIBLE HIGH SCHOOL STUDENTS TOTALING $5,750. THE COMPANY ALSO DEVELOPS RELATIONSHIPS WITH THE 4 FFA CHAPTERS IN THE COUNTY REACHING AN ADDITIONAL 175 HIGH SCHOOL YOUTH. THEY EDUCATE THE CHAPTERS ABOUT HOW THE COMPANY DEVELOPS POLICY, COMMUNICATES WITH ELECTED OFFICIALS, CONDUCTS MEETINGS, PROVIDES NETWORKING OPPORTUNITIES WITH PEERS AND LEADERSHIP IMPROVEMENT. THE COMPANY HAS VARIOUS PROGRAMS THAT ARE AIMED AT PROVIDING INFORMATION TO MEMBERS ON CURRENT AGRICULTURAL ISSUES THROUGH NEWSLETTERS, MEETINGS, ETC. 1,354 MEMBERS WERE BENEFITTED IN THIS MANNER DURING 2024. 0 0 0 1 0 0 0 0 1 1 0 1 1 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 7 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 7127324004 1707 LAKE AVENUE STORM LAKE IA 50588 COLLEEN MILLER PRESIDENT 1.50 X X 0 0 0 KRIS EHLERS VICE PRESIDENT 1.50 X X 0 0 0 DAVID RYDSTROM SECRETARY 1.50 X X 0 0 0 JEFFREY LIETZ TREASURER 1.50 X X 0 0 0 RICHARD MARSHALL VOTING DELEGATE 1.50 X X 0 0 0 LORNA BRUNS DIRECTOR 0.50 X 0 0 0 JEFF PETERSON DIRECTOR 0.50 X 0 0 0 MITCH SIEVERS DIRECTOR 0.50 X 0 0 0 TERRY MURRAY DIRECTOR 0.50 X 0 0 0 RONNIE WEAVER DIRECTOR 0.50 X 0 0 0 KEVIN JESSE DIRECTOR 0.50 X 0 0 0 CRAIG CJ BEAN DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 0 5285 28266 33551 MEMBERSHIP DUES 900099 64850 64850 64850 60335 60335 19244 24957 -5713 -5713 -5713 79698 64789 14909 14909 14909 EXPENSE RECOVERIES 900099 713 713 713 168645 59850 0 75244 6019 4750 4542 46864 122 4830 1297 1270 2048 9209 6439 3120 15637 28534 4412 2987 AG & COMMUNITY PROMOTIO 4561 SPOKESMAN, DUES & SUBSC 3193 MEMBERSHIP ACQUISITION 2041 151875 60 60 85617 69115 5485 5241 196377 130636 58232 65741 175493 182246 995176 995176 104636 108309 1424699 1425888 4144 3681 4144 3681 X 425379 427031 995176 995176 1420555 1422207 1424699 1425888 X 16770 11143 -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 20661 20661 163333 119956 43377 12383 10680 1703 65741 CFBRDT LLC ENDOWMENT INVESTMENT 995176 C 995176 DEFERRED ANNUITY 108309 108309 X 178484 11143 24957 36100 142384 26261 26261 168645 176832 24957 24957 151875 0 151875 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 24,957. 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 24,957. 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)