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Nonprofit · EIN 42-0680730

IOWA FARM BUREAU FEDERATION

Also known as LYON COUNTY

Tax-exempt · ROCK RAPIDS, IA 51246

Financials

$121K$89K2023$139K$86K2024
Revenue Expenses · by fiscal year end
Financials of IOWA FARM BUREAU FEDERATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$139,324$86,171$53,153$1,332,595$2,190$1,330,405
December 31, 2023990$121,432$89,342$32,090$1,295,466$1,587$1,293,879
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$28,403
Program service revenue
$46,200
Investment income
$62,880
Net rental income
-$1,475
Other revenue
$1,841

Expenses

Grants and similar amounts paid
$8,200
Benefits paid to members
$5,386
Other salaries and wages
$17,281
Salaries, compensation and benefits (total)
$19,892
Professional fundraising fees
$0
Accounting fees
$1,887
Travel
$23
Depreciation
$3,458

Balance sheet and other

Total assets, start of year
$1,295,466
Total assets, end of year
$1,332,595
Total liabilities, end of year
$2,190
Net assets, end of year
$1,330,405
Land, buildings and equipment
$42,454
Publicly traded securities
$129,145
Net assets without donor restrictions
$335,229
Net assets with donor restrictions
$995,176
Gross receipts
$148,950
Employees
2
Volunteers
14
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.

NameTitleHours / weekCompensationOther / benefits
DWAYUNE POSTMAPRESIDENT
Trustee or director, Officer
1.5$0$35
ADAM LEUTHOLDVICE PRESIDENT
Trustee or director, Officer
1.5$0$35
CURT BEHRENSTREASURER
Trustee or director, Officer
1.5$0$35
GLEN METZGERSECRETARY
Trustee or director, Officer
1.5$0$35
ROSS KOOIKERDIRECTOR
Trustee or director
1.5$0$35
JESSE MOSERDIRECTOR
Trustee or director
1.5$0$35
DENNIS WINKOWITSCHDIRECTOR
Trustee or director
1.5$0$35
GARY TWEDTDIRECTOR
Trustee or director
1.5$0$35
JERRY RENSDIRECTOR
Trustee or director
1.5$0$35
BLAIN KNOBLOCHDIRECTOR
Trustee or director
1.5$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
DWAYNE POSTMAPRESIDENT
Trustee or director, Officer
1.5$0$35
ADAM LEUTHOLDVICE PRESIDENT
Trustee or director, Officer
1.5$0$35
GLEN METZGERSECRETARY
Trustee or director, Officer
1.5$0$35
CURT BEHRENSTREASURER
Trustee or director, Officer
1.5$0$35
ROSS KOOIKERVOTING DELEGATE
Trustee or director
1.5$0$35
JERRY RENSDIRECTOR
Trustee or director
1.5$0$35
JESSE MOSERSDIRECTOR
Trustee or director
1.5$0$35
DENNIS WINKOWITSCHDIRECTOR
Trustee or director
1.5$0$35
GARY TWEDTDIRECTOR
Trustee or director
1.5$0$35
BLAIN KNOBLOCHDIRECTOR
Trustee or director
1.5$0$0

Address and contacts

Address (IRS master file)
PO BOX 109, ROCK RAPIDS, IA 51246-0109
Principal officer (990 for 2024)
DWAYNE POSTMA, 710 2ND AVENUE PO BOX 109, ROCK RAPIDS, IA 512460109
Signed the 990
DWAYNE POSTMA, PRESIDENT
Phone
(712) 472-2517
Return prepared by
GARDINER COMPANY PC

Mission

TO CREATE A VIBRANT FUTURE FOR AGRICULTURE, FARM FAMILIES AND THEIR COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-0680730
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
1965
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,387,808
Income (IRS master file)
$144,359

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$139,324$86,171$1,332,595XML
990December 2023$121,432$89,342$1,295,466XML
990December 2022$1,089,749$83,011$1,280,777IRS
990-EZDecember 2021–––IRS
990-EZDecember 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 42-0680730).

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 42-0680730.
Is IOWA FARM BUREAU FEDERATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1965.
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 DWAYNE POSTMA.
Who are the officers and directors of IOWA FARM BUREAU FEDERATION?
The 990 for the year ended December 31, 2024 lists 10 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 $139,324, expenses of $86,171 and total assets of $1,332,595 at year end.

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