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Nonprofit · EIN 42-0943984

IOWA FARM BUSINESS ASSOCIATION

Tax-exempt · JEFFERSON, IA 50129

Financials

$210K$112K2023$198K$260K2024
Revenue Expenses · by fiscal year end
Financials of IOWA FARM BUSINESS ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$197,915$259,817-$61,902$762,665$5,358$757,307
June 30, 2024990$210,492$112,040$98,452$819,874$665$819,209
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$181,372
Investment income
$16,543
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$146,420
Salaries, compensation and benefits (total)
$214,952
Professional fundraising fees
$0
Accounting fees
$1,250
Occupancy
$1,986
Depreciation
$9,440
Program services (functional)
$67,208

Balance sheet and other

Total assets, start of year
$819,874
Total assets, end of year
$762,665
Total liabilities, end of year
$5,358
Net assets, end of year
$757,307
Land, buildings and equipment
$353,354
Gross receipts
$197,915
Employees
4

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Kent VickreExecutive Dir.
Trustee or director, Officer
60$128,087$0
Clint Van RoekelExecutive Dir.
Trustee or director, Officer
35$18,333$0
Jim HawkinsDirector
Trustee or director
0.5$0$1,086
Gene VermeerDirector
Trustee or director
0.5$0$825
David SwailesDirector, Pres
Trustee or director, Officer
0.5$0$794
Mike SchmidtDirector
Trustee or director
0.5$0$676
Russ RichardDirector
Trustee or director
0.5$0$621
David LubbenDirector
Trustee or director
0.5$0$621
Roger KempersDirector, VP
Trustee or director, Officer
0.5$0$548
Bill IwenDirector
Trustee or director
0.5$0$530
Steve BergerDirector
Trustee or director
0.5$0$372
Craig BeckerDirector
Trustee or director
0.5$0$329
Gregg HoraDirector
Trustee or director
0.5$0$241
Beau DawesDirector
Trustee or director
0.5$0$157
Kent RuppertDirector
Trustee or director
0.5$0$116
3 more people on this return
NameTitleHours / weekCompensationOther / benefits
Tom HollingsheadDirector, (Alt)
Trustee or director
0.5$0$85
Brian SampsonDirector
Trustee or director
0.5$0$20
Kenneth BormannDirector
Trustee or director
0.5$0$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
Kent VickreExecutive Direc
Trustee or director, Officer
60$35,531$0
Jim HawkinsDirector
Trustee or director
0.5$0$1,053
Russ RichardDirector
Trustee or director
0.5$0$632
Bill IwenDirector
Trustee or director
0.5$0$515
Kent RuppertDirector
Trustee or director
0.5$0$443
David LubbenDirector
Trustee or director
0.5$0$391
David SwailesDirector, Pres
Trustee or director, Officer
0.5$0$374
Steve BergerDirector
Trustee or director
0.5$0$358
Craig BeckerDirector
Trustee or director
0.5$0$318
Gene VermeerDirector
Trustee or director
0.5$0$268
Gregg HoraDirector
Trustee or director
0.5$0$239
Mike SchmidtDirector
Trustee or director
0.5$0$221
Tom HollingsheadDirector, (Alt)
Trustee or director
0.5$0$164
Brian SampsonDirector
Trustee or director
0.5$0$20
Kenneth BormannDirector
Trustee or director
0.5$0$0
Roger KempersDirector, VP
Trustee or director, Officer
0.5$0$0

Address and contacts

Address (IRS master file)
115 E LINCOLN WAY STE 220, JEFFERSON, IA 50129-2149
Signed the 990
Clint Van Roekel, Executive Dir.
Phone
(515) 233-5802
Return prepared by
Iowa Farm Business Association

Mission

Provide Training & Develpemnt Tools for Local Consultants who Promote Record Keeping an Farm Managemnt Skills in Cooperation with Iowa State University

990 for the year ended June 30, 2025

Program accomplishments

  • Membership-Promotion of Membership & Service Developement

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
42-0943984
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
1970
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$762,665
Income (IRS master file)
$197,915

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$197,915$259,817$762,665XML
990June 2024$210,492$112,040$819,874XML
990June 2022$220,501$121,803$650,784IRS
990June 2021–––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 42-0943984).

Questions about IOWA FARM BUSINESS ASSOCIATION

What is the EIN of IOWA FARM BUSINESS ASSOCIATION?
The employer identification number (EIN) of IOWA FARM BUSINESS ASSOCIATION is 42-0943984.
Is IOWA FARM BUSINESS ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1970.
Are donations to IOWA FARM BUSINESS ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does IOWA FARM BUSINESS ASSOCIATION 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 BUSINESS ASSOCIATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IOWA FARM BUSINESS ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who are the officers and directors of IOWA FARM BUSINESS ASSOCIATION?
The 990 for the year ended June 30, 2025 lists 18 people; 2 received compensation from the organization, the highest $128,087 (Kent Vickre, Executive Dir.).
How much revenue does IOWA FARM BUSINESS ASSOCIATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $197,915, expenses of $259,817 and total assets of $762,665 at year end.

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