Nonprofit · EIN 42-0680711
IOWA FARM BUREAU FEDERATION
Also known as WAYNE COUNTY
Tax-exempt · CORYDON, IA 50060
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $71,119 | $48,556 | $22,563 | $1,314,056 | $1,166 | $1,312,890 |
| December 31, 2023 | 990 | $67,926 | $47,209 | $20,717 | $1,292,156 | $1,829 | $1,290,327 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $11,544
- Program service revenue
- $28,845
- Investment income
- $30,799
- Net rental income
- -$3,097
- Other revenue
- -$69
Expenses
- Grants and similar amounts paid
- $3,057
- Compensation of officers, directors and key employees
- $585
- Other salaries and wages
- $8,583
- Salaries, compensation and benefits (total)
- $9,957
- Professional fundraising fees
- $0
- Accounting fees
- $891
- Travel
- $1,424
- Depreciation
- $76
Balance sheet and other
- Total assets, start of year
- $1,292,156
- Total assets, end of year
- $1,314,056
- Total liabilities, end of year
- $1,166
- Net assets, end of year
- $1,312,890
- Land, buildings and equipment
- $52,480
- Net assets without donor restrictions
- $1,312,890
- Gross receipts
- $82,777
- Employees
- 1
- Volunteers
- 32
- Year formed
- 1917
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Joel Petty | Vice President Trustee or director, Officer | 2.5 | $0 | $45 |
| Kevin Allen | Treasurer Trustee or director, Officer | 2.5 | $0 | $45 |
| Paul Alexander | Director Trustee or director | 1.5 | $0 | $45 |
| Ryan Brennecke | Director Trustee or director | 1.5 | $0 | $45 |
| Maverick Brown | Director (11/24) Trustee or director | 1.5 | $0 | $45 |
| Shelby Dooley | Director Trustee or director | 1.5 | $0 | $45 |
| Gabe Hook | Director Trustee or director | 1.5 | $0 | $45 |
| Chuck McCullough | Director Trustee or director | 1.5 | $0 | $45 |
| Kade Richman | Director (11/24) Trustee or director | 1.5 | $0 | $45 |
| Connor Runyon | Director (11/24) Trustee or director | 1.5 | $0 | $45 |
| Boyd Sinclair | Director Trustee or director | 1.5 | $0 | $45 |
| Justin Shields | Director Trustee or director | 1.5 | $0 | $45 |
| Hubert Staggs | Director Trustee or director | 1.5 | $0 | $45 |
| Justin Lain | President Trustee or director, Officer | 2.5 | $0 | $0 |
| Logan Wallace | Secretary Trustee or director, Officer | 2.5 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dan Carpenter | Voting Delegate Trustee or director, Officer | 2.5 | $0 |
| Jace Allen | Director Trustee or director | 1.5 | $0 |
| Milo Bettis | Director Trustee or director | 1.5 | $0 |
| Clayton Dyer | Director (11/24) Trustee or director | 1.5 | $0 |
| Shawn Harmon | Director Trustee or director | 1.5 | $0 |
| Tim Runyon | Director Trustee or director | 1.5 | $0 |
| Ralph Alshouse | Former Director (10/24) Trustee or director | 1.5 | $0 |
| Clinton Dyer | Former Director (10/24) Trustee or director | 1.5 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Joel Petty | Vice President Trustee or director, Officer | 2.5 | $0 | $45 |
| Kevin Allen | Treasurer Trustee or director, Officer | 2.5 | $0 | $45 |
| Paul Alexander | Director Trustee or director | 1.5 | $0 | $45 |
| Milo Bettis | Director Trustee or director | 1.5 | $0 | $45 |
| Boyd Sinclair | Director Trustee or director | 1.5 | $0 | $45 |
| Hubert Staggs | Director Trustee or director | 1.5 | $0 | $45 |
| Justin Shields | Director Trustee or director | 1.5 | $0 | $45 |
| Ryan Brennecke | Director Trustee or director | 1.5 | $0 | $45 |
| Shelby Dooley | Director Trustee or director | 1.5 | $0 | $45 |
| Shawn Harmson | Director Trustee or director | 1.5 | $0 | $45 |
| Tim Runyon | Director Trustee or director | 1.5 | $0 | $45 |
| Gabe Hook | Director (11/23) Trustee or director | 1.5 | $0 | $45 |
| Chuck McCullough | Director (11/23) Trustee or director | 1.5 | $0 | $45 |
| Justin Lain | President Trustee or director, Officer | 2.5 | $0 | $0 |
| Logan Wallace | Secretary Trustee or director, Officer | 2.5 | $0 | $0 |
| Dan Carpenter | Voting Delegate Trustee or director, Officer | 2.5 | $0 | $0 |
| Clinton Dyer | Director Trustee or director | 1.5 | $0 | $0 |
| Clayton Dyer | Former Director (10/23) Trustee or director | 1.5 | $0 | $0 |
| Ralph Alshouse | Director Trustee or director | 1.5 | $0 | $0 |
| Kyle Andrews | Former Director (10/23) Trustee or director | 1.5 | $0 | $0 |
| Jace Allen | Director Trustee or director | 1.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 212 S FRANKLIN ST, CORYDON, IA 50060-1520
- Principal officer (990 for 2024)
- Justin Lain, 212 S Franklin St, Corydon, IA 50060
- Signed the 990
- Joel Petty, Vice President
- Phone
- (641) 872-2725
- Return prepared by
- Iowa Farm Bureau Federation
Mission
To create a vibrant future for agriculture, farm families and their communities.
Program accomplishments
- See Schedule O.
- See Schedule O.
- See Schedule O.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Check at the IRS |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-0680711
- Tax-exempt status
- 501(c)(5): Labor, agricultural or horticultural organization
- Donations deductible
- No
- Exempt since
- 1945
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 0626: IOWA FARM BUREAU FEDERATION
- Assets (IRS master file)
- $1,330,652
- Income (IRS master file)
- $82,201
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $71,119 | $48,556 | $1,314,056 | IRS |
| 990 | December 2023 | $67,926 | $47,209 | $1,292,156 | XML |
| 990 | December 2022 | $1,060,111 | $42,150 | $1,270,551 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-0680711).
Questions about IOWA FARM BUREAU FEDERATION
- What is the EIN of IOWA FARM BUREAU FEDERATION?
- The employer identification number (EIN) of IOWA FARM BUREAU FEDERATION is 42-0680711.
- Is IOWA FARM BUREAU FEDERATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1945.
- Are donations to IOWA FARM BUREAU FEDERATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does IOWA FARM BUREAU FEDERATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of IOWA FARM BUREAU FEDERATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IOWA FARM BUREAU FEDERATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of IOWA FARM BUREAU FEDERATION?
- The 990 for the year ended December 31, 2024 names Justin Lain.
- Who are the officers and directors of IOWA FARM BUREAU FEDERATION?
- The 990 for the year ended December 31, 2024 lists 23 people; 0 received compensation from the organization.
- How much revenue does IOWA FARM BUREAU FEDERATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $71,119, expenses of $48,556 and total assets of $1,314,056 at year end.
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- WAYNE COUNTY FAIR ASSOCIATION EIN 42-6010062 · last filed 990-EZ for 2025
- WAYNE COUNTY HISTORICAL SOCIETY EIN 42-1049099 · last filed 990 for 2025
- GOLDEN RULE INDUSTRIES INC EIN 47-5493594 · last filed 990-EZ for 2025
- PRAIRIE TRAILS WELLNESS CENTER EIN 20-3987982 · last filed 990-EZ for 2025
- WAYNE THEATRE INC EIN 42-1371361 · last filed 990-EZ for 2025
- CORYDON COMMUNITY DEVELOPMENT CORPORATION EIN 42-1210237 · last filed 990 for 2025