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 420680730 IOWA FARM BUREAU FEDERATION D/B/A LYON COUNTY FARM BUREAU IOWA 7124722517 710 2ND AVENUE PO BOX 109 ROCK RAPIDS IA 512460109 DWAYNE POSTMA PRESIDENT 7124705844 2025-09-18 1 1 MAX N STUDER CPA P01272566 5152701446 2024 2025-03-06 01:10:19Z LYON COUNTY FARM BUREAU DWAYNE POSTMA 710 2ND AVENUE PO BOX 109 ROCK RAPIDS IA 512460109 148950 0 0626 X N/A X 1917 IA TO CREATE A VIBRANT FUTURE FOR AGRICULTURE, FARM FAMILIES & THEIR COMMUNITIES. 10 10 2 14 0 0 24730 28403 43855 46200 53533 62880 -686 1841 121432 139324 4100 8200 5092 5386 28649 19892 0 0 0 51501 52693 89342 86171 32090 53153 1295466 1332595 1587 2190 1293879 1330405 X TO CREATE A VIBRANT FUTURE FOR AGRICULTURE, FARM FAMILIES AND THEIR COMMUNITIES. 0 0 PUBLIC POLICY: PROMOTED THE ISSUE SURFACING AND ISSUE PRIORITIZATION PROCESS GETTING OVER 30 MEMBERS TO PARTICIPATE THROUGH ELECTRONIC OR PAPER SURVEYS. LYON COUNTY FARM BUREAU VOLUNTEERS MET WITH ELECTED OFFICIALS AT A STATE, NATIONAL, AND LOCAL LEVEL TO PROMOTE AGRICULTURE AND ADVOCATE FOR ISSUES IMPORTANT TO MEMBERS. ISSUES INCLUDED PROPERTY TAX RELIEF, RURAL SAFETY, AND SECONDARY ROADS. MEMBERS REPRESENTED THE COUNTY FARM BUREAU ON SCHOOL TASK FORCES TO WORK ON SCHOOL FINANCE AND LONG-TERM PLANNING THAT DIRECTLY AFFECTS PROPERTY TAXES OF LYON COUNTY MEMBERS. EDUCATION AND AGRICULTURE IN THE CLASSROOM: PROMOTED SCHOLARSHIP OPPORTUNITIES FOR MEMBERS AWARDING FOUR SCHOLARSHIPS TO HIGH SCHOOL SENIORS IN 2024. SPONSORED LOCAL YOUNG FARMER MEMBERS TO ATTEND THE IOWA FARM BUREAU YOUNG FARMER CONFERENCE TO ASSIST MEMBERS WITH LEADERSHIP DEVELOPMENT, EDUCATIONAL OPPORTUNITIES IN THE FIELDS OF CONSERVATION AND COMMODITY MARKETS. ENHANCED THE COUNTY AGRICULTURE IN THE CLASSROOM PROGRAM, WHERE STUDENTS FROM TWO OF THE PUBLIC-SCHOOL DISTRICTS IN LYON COUNTY PARTICIPATED. PUBLIC RELATIONS: ORGANIZED A PROMOTION TO SUPPORT LOCAL COUNTY FAIR AND BRING AWARENESS TO THE ECONOMIC IMPACT AGRICULTURE HAS ON LYON COUNTY. WE ALSO SPONSORED A YOUNG FARMER VIP BOOTH AT THE COUNTY FAIR WHERE THEY CAN WATCH THE FIGURE-8 RACES IN AIR CONDITIONING. WE MAXED OUT THE BOOTH LAST YEAR AT 50 YOUNG FARMER MEMBERS. THE COMPANY HAS VARIOUS PROGRAMS THAT ARE AIMED AT PROVIDING INFORMATION TO MEMBERS ON CURRENT AGRICULTURAL ISSUES THROUGH NEWSLETTERS, MEETINGS, ETC. 1,297 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 3 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 7124722517 710 2ND AVENUE PO BOX 109 ROCK RAPIDS IA 512460109 DWAYUNE POSTMA PRESIDENT 1.50 X X 0 0 35 ADAM LEUTHOLD VICE PRESIDENT 1.50 X X 0 0 35 CURT BEHRENS TREASURER 1.50 X X 0 0 35 GLEN METZGER SECRETARY 1.50 X X 0 0 35 ROSS KOOIKER DIRECTOR 1.50 X 0 0 35 JESSE MOSER DIRECTOR 1.50 X 0 0 35 DENNIS WINKOWITSCH DIRECTOR 1.50 X 0 0 35 BLAIN KNOBLOCH DIRECTOR 1.50 X 0 0 0 GARY TWEDT DIRECTOR 1.50 X 0 0 35 JERRY RENS DIRECTOR 1.50 X 0 0 35 0 0 315 0 0 0 0 0 1350 27053 28403 MEMBERSHIP DUES 900099 46200 46200 46200 62880 62880 8151 9626 -1475 -1475 -1475 EXPENSE RECOVERIES 900099 3179 3179 MISCELLANEOUS 900099 137 137 3316 139324 48041 0 62880 1700 6500 5386 17281 1068 1543 1319 1887 65 1094 7273 23 2977 29018 3458 1906 SPOKESMAN, DUES & SUBSC 2775 MEMBERSHIP ACQUISITIONS 737 AG & COMMUNITY SUPPORT 117 MISCELLANEOUS 44 86171 25 25 143995 162420 1866 3375 151477 109023 42699 42454 111705 129145 995176 995176 1295466 1332595 1587 2190 1587 2190 X 298703 335229 995176 995176 1293879 1330405 1295466 1332595 X 53153 9634 -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 4000 4000 141280 104209 37071 6197 4814 1383 42454 CFBRDT LLC ENDOWMENT INVESTMENT 995176 C 995176 X 132323 9634 9626 19260 113063 26261 26261 139324 95797 9626 9626 86171 0 86171 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 9,626. 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 9,626. 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)