Nonprofit · EIN 42-0685010
IOWA FARM BUREAU FEDERATION
Also known as CLAY COUNTY
Tax-exempt · SPENCER, IA 51301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $95,477 | $86,273 | $9,204 | $1,192,914 | $4,044 | $1,188,870 |
| December 31, 2024 | 990 | $85,905 | $81,294 | $4,611 | $1,173,175 | $3,853 | $1,169,322 |
| December 31, 2023 | 990 | $83,266 | $90,240 | -$6,974 | $1,164,104 | $3,651 | $1,160,453 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $15,629
- Program service revenue
- $41,125
- Investment income
- $38,723
- Net gain from sales of assets
- $3,564
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $7,283
- Compensation of officers, directors and key employees
- $150
- Other salaries and wages
- $12,644
- Salaries, compensation and benefits (total)
- $13,803
- Professional fundraising fees
- $0
- Accounting fees
- $1,125
- Occupancy
- $5,019
- Travel
- $4,652
Balance sheet and other
- Total assets, start of year
- $1,173,175
- Total assets, end of year
- $1,192,914
- Total liabilities, end of year
- $4,044
- Net assets, end of year
- $1,188,870
- Publicly traded securities
- $93,854
- Net assets without donor restrictions
- $1,188,870
- Gross receipts
- $101,028
- Employees
- 1
- Volunteers
- 305
- Year formed
- 1913
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ben Pullen | Director Trustee or director | 1.5 | $0 | $150 |
| Casey Schomaker | President Trustee or director, Officer | 2.5 | $0 | $0 |
| Tyler Tessum | Vice President Trustee or director, Officer | 2.5 | $0 | $0 |
| Barb Schomaker | Secretary Trustee or director, Officer | 2.5 | $0 | $0 |
| Anthony Myers | Treasurer Trustee or director, Officer | 2.5 | $0 | $0 |
| Kevin Goeken | Voting Delegate Trustee or director, Officer | 2.5 | $0 | $0 |
| Mike Maurer | Director Trustee or director | 1.5 | $0 | $0 |
| Ray Foerster | Director Trustee or director | 1.5 | $0 | $0 |
| Tim Schwenneker | Director Trustee or director | 1.5 | $0 | $0 |
| Nick Smith | Director Trustee or director | 1.5 | $0 | $0 |
| Leo Stephas | Director Trustee or director | 1.5 | $0 | $0 |
| Gina White | Director (11/25) Trustee or director | 1.5 | $0 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ray Foerster | Voting Delegate Trustee or director, Officer | 2.5 | $0 | $40 |
| Tim Schwenneker | Director Trustee or director | 1.5 | $0 | $30 |
| Kevin Goeken | President Trustee or director, Officer | 2.5 | $0 | $20 |
| Casey Schomaker | Vice President Trustee or director, Officer | 2.5 | $0 | $20 |
| Tyler Tessum | Treasurer Trustee or director, Officer | 2.5 | $0 | $20 |
| Mike Maurer | Director Trustee or director | 1.5 | $0 | $20 |
| Leo Stephas | Director Trustee or director | 1.5 | $0 | $10 |
| Barb Schomaker | Secretary Trustee or director, Officer | 2.5 | $0 | $0 |
| Anthony Myers | Director (11/24) Trustee or director | 1.5 | $0 | $0 |
| Ben Pullen | Director Trustee or director | 1.5 | $0 | $0 |
| Nick Smith | Director Trustee or director | 1.5 | $0 | $0 |
| Steve Steinbeck | Former Director (10/24) Trustee or director | 1.5 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Leo Stephas | Director Trustee or director | 1.5 | $0 | $40 |
| Ben Pullen | Director Trustee or director | 1.5 | $0 | $40 |
| Steve Steinbeck | Director Trustee or director | 1.5 | $0 | $30 |
| Casey Schomaker | Vice President Trustee or director, Officer | 2.5 | $0 | $20 |
| Barb Schomaker | Secretary Trustee or director, Officer | 2.5 | $0 | $20 |
| Kevin Goeken | President Trustee or director, Officer | 2.5 | $0 | $10 |
| Tyler Tessum | Treasurer Trustee or director, Officer | 2.5 | $0 | $10 |
| Tim Schwenneker | Director Trustee or director | 1.5 | $0 | $10 |
| Ray Foerster | Voting Delegate Trustee or director, Officer | 2.5 | $0 | $0 |
| Mike Maurer | Director Trustee or director | 1.5 | $0 | $0 |
| Nick Smith | Director Trustee or director | 1.5 | $0 | $0 |
| Emily Kummerfeld | Former Director (10/23) Trustee or director | 1.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 508 GRAND AVE, SPENCER, IA 51301-3912
- Principal officer (990 for 2025)
- Casey Schomaker, 508 Grand Ave, Spencer, IA 51301
- Signed the 990
- Casey Schomaker, President
- Phone
- (712) 262-5708
- 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 | 990 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
- 42-0685010
- 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)
- $1,192,914
- Income (IRS master file)
- $101,028
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $95,477 | $86,273 | $1,192,914 | XML |
| 990 | December 2024 | $85,905 | $81,294 | $1,173,175 | XML |
| 990 | December 2023 | $83,266 | $90,240 | $1,164,104 | XML |
| 990 | December 2022 | $1,075,224 | $76,651 | $1,166,290 | 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 42-0685010).
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 42-0685010.
- 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 2025.
- Who is the principal officer of IOWA FARM BUREAU FEDERATION?
- The 990 for the year ended December 31, 2025 names Casey Schomaker.
- Who are the officers and directors of IOWA FARM BUREAU FEDERATION?
- The 990 for the year ended December 31, 2025 lists 12 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, 2025 it reported revenue of $95,477, expenses of $86,273 and total assets of $1,192,914 at year end.
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