Nonprofit · EIN 42-0685008
IOWA FARM BUREAU FEDERATION
Also known as MONTGOMERY COUNTY
Tax-exempt · RED OAK, IA 51566
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $124,004 | $91,612 | $32,392 | $1,248,116 | $2,811 | $1,245,305 |
| December 31, 2023 | 990 | $117,510 | $87,891 | $29,619 | $1,239,963 | $789 | $1,239,174 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $15,183
- Program service revenue
- $46,700
- Investment income
- $53,858
- Net rental income
- $3,203
- Other revenue
- $8,263
Expenses
- Grants and similar amounts paid
- $2,050
- Benefits paid to members
- $747
- Other salaries and wages
- $29,024
- Salaries, compensation and benefits (total)
- $32,362
- Professional fundraising fees
- $0
- Accounting fees
- $1,245
- Travel
- $237
- Depreciation
- $9,012
Balance sheet and other
- Total assets, start of year
- $1,239,963
- Total assets, end of year
- $1,248,116
- Total liabilities, end of year
- $2,811
- Net assets, end of year
- $1,245,305
- Land, buildings and equipment
- $154,071
- Net assets without donor restrictions
- $250,129
- Net assets with donor restrictions
- $995,176
- Gross receipts
- $135,801
- Employees
- 1
- Volunteers
- 25
- Year formed
- 1919
- 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 |
|---|---|---|---|---|
| RICK GUSTAFSON | VOTING DELEGATE Trustee or director, Officer | 2.5 | $0 | $275 |
| CONNOR HULTMAN | VICE PRESIDENT Trustee or director, Officer | 2.5 | $0 | $155 |
| LUCAS OSTER | DIRECTOR Trustee or director | 1.5 | $0 | $62 |
| CODY VANDERHOLM | DIRECTOR Trustee or director | 1.5 | $0 | $57 |
| TERRY ANDERSON | TREASURER Trustee or director, Officer | 2.5 | $0 | $20 |
| JON YOUNG | DIRECTOR Trustee or director | 1.5 | $0 | $10 |
| KRISTA HUNTSMAN | PRESIDENT Trustee or director, Officer | 2.5 | $0 | $0 |
| EVA COUGHLIN | SECRETARY Trustee or director, Officer | 2.5 | $0 | $0 |
| ANNIE FISHER | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| RILEY PELZER | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| STACY PERKINS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| KATE FRIDOLPH | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| JASON SICKELS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| STEVE DOLCH | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| BRANDON POWELL | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICK GUSTAFSON | PRESIDENT Trustee or director, Officer | 2.5 | $0 | $335 |
| KRISTA HUNTSMAN | VICE PRESIDENT Trustee or director, Officer | 2.5 | $0 | $165 |
| JON YOUNG | VOTING DELEGATE Trustee or director, Officer | 2.5 | $0 | $90 |
| CONNOR HULTMAN | SECRETARY Trustee or director, Officer | 2.5 | $0 | $30 |
| KATE FRIDOLPH | DIRECTOR Trustee or director | 1.5 | $0 | $10 |
| TERRY ANDERSON | TREASURER Trustee or director, Officer | 2.5 | $0 | $0 |
| EVA COUGHLIN | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| ANNIE FISHER | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| RILEY BROWN | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| LUCAS OSTER | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| DANIEL PHELPS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| CODY VANDERHOLM | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| ROB YOUNG | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| STACY PERKINS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| JASON SICKELS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| STEVE DOLCH | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| BRANDON POWELL | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 950 SENATE AVE, RED OAK, IA 51566-1277
- Principal officer (990 for 2024)
- KRISTA HUNTSMAN, 950 SENATE AVENUE A, RED OAK, IA 515661277
- Signed the 990
- KRISTA HUNTSMAN, PRESIDENT
- Phone
- (712) 623-5546
- Return prepared by
- GARDINER COMPANY PC
Mission
TO CREATE A VIBRANT FUTURE FOR AGRICULTURE, FARM FAMILIES AND THEIR COMMUNITIES.
Program accomplishments
- EDUCATION AND AITC: THE COMPANY COMMUNICATED WITH TEACHERS, EDUCATORS AND SCHOOLS PROMOTING RESOURCES AND GRANT OPPORTUNITIES TO INCORPORATE AGRICULTURE INTO THE CLASSROOM. THE COMPANY COMMUNICATES WITH GUIDANCECOUNSELORS IN THREE LOCAL SCHOOLS PROVIDING THEM WITH INFORMATION TO DISTRIBUTE TO STUDENTS FOR THREE SCHOLARSHIPS FOR COUNTY STUDENTS TOTALING $1000. THEY HAVE AN ACTIVE AG IN THE CLASSROOM COMMITTEE THAT WORKS CLOSELY WITH THREE LOCAL SCHOOLS TO PROMOTE AGRICULTURE. THEY PROVIDED INFORMATION TO LOCAL HIGH SCHOOL STUDENTS ABOUT FARM SAFETY TIPS WHILE DRIVING.
- POLICY DEVELOPMENT: THE COMPANY ASKED MEMBERS TO SURFACE AND PRIORITIZE ISSUES THAT ARE IMPORTANT TO LOCAL AG OPERATIONS. THEY THEN CREATED AN OPINIONNAIRE TO BE DISTRIBUTED TO THE MEMBERSHIP TO GAUGE THE IMPORTANCE OF LOCAL, STATE AND NATIONAL ISSUES. THE COMPANY DEVELOPED COUNTY RESOLUTIONS OF IMPORTANCE TO BE DELIVERED BY THE VOTING DELEGATE TO THE STATE DELEGATE BODY. MEMBER LEADERS ALSO ENGAGED WITH LOCAL, STATE AND NATIONAL ELECTED OFFICIALS TO LOBBY FOR THE POLICIES IMPORTANT TO THE AG COMMUNITY.
- COUNTY PROMOTIONS: THE COMPANY IS ACTIVE IN THE PROMOTION OF AGRICULTURE TO THE MEMBERS AND THE LOCAL COMMUNITY. THE COMPANY HAS PURCHASED RADIO ADVERTISING AT TWO LOCAL RADIO STATIONS TO PROMOTE AGRICULTURE TO ALL THE PEOPLE OF THE AREA. THEY CO-SPONSOR AN AG APPRECIATION EVENT HELD DURING NATIONAL AG WEEK. THEY SPONSOR THE WOMEN GAINING GROUND CONFERENCE. THE COMPANY SPONSORED AND WORKED A BREAKFAST AT THE COUNTY FAIR PROMOTING COUNTY AG PRODUCTION.
- THE COMPANY HAS VARIOUS PROGRAMS THAT ARE AIMED AT PROVIDING INFORMATION TO MEMBERS ON CURRENT AGRICULTURAL ISSUES THROUGH NEWSLETTERS, MEETINGS, ETC. 907 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-0685008
- 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)
- $1,248,116
- Income (IRS master file)
- $135,801
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $124,004 | $91,612 | $1,248,116 | XML |
| 990 | December 2023 | $117,510 | $87,891 | $1,239,963 | XML |
| 990 | December 2022 | $1,084,793 | $90,126 | $1,238,844 | 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 42-0685008).
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 42-0685008.
- 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 2025 (the year ending December 31, 2025) is due May 15, 2026. 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 KRISTA HUNTSMAN.
- Who are the officers and directors of IOWA FARM BUREAU FEDERATION?
- The 990 for the year ended December 31, 2024 lists 15 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 $124,004, expenses of $91,612 and total assets of $1,248,116 at year end.
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- MONTGOMERY COUNTY FAMILY YOUNG MENS CHRISTIAN ASSOCIATION INC EIN 42-1433436 · last filed 990 for 2025
- RED OAK COUNTRY CLUB EIN 42-0627684 · last filed 990 for 2025
- PERFORMING ARTS & EDUCATION ASSOCIATION OF SOUTHWEST IOWA INC EIN 75-3123674 · last filed 990 for 2025
- AMERICAS CHOICE COMMUNITY OF RED OAK EIN 47-0743477 · last filed 990 for 2025
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- RED OAK GRAND THEATRE INC EIN 27-3023263 · last filed 990 for 2025
- RED OAK HERITAGE FOUNDATION EIN 42-1393844 · last filed 990 for 2025