Nonprofit · EIN 42-1305468
IOWA FFA FOUNDATION
Tax-exempt · ANKENY, IA 50023
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,739,991 | $1,145,133 | $594,858 | $14,690,495 | $4,322,187 | $10,368,308 |
| June 30, 2024 | 990 | $2,040,394 | $1,102,910 | $937,484 | $14,312,695 | $4,630,922 | $9,681,773 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,222,935
- Program service revenue
- $0
- Investment income
- $167,928
- Net rental income
- $142,102
- Net gain from sales of assets
- $20,870
- Net income from fundraising events
- $74,935
- Net income from sales of inventory
- $14,824
- Other revenue
- $349,128
Expenses
- Grants and similar amounts paid
- $185,042
- Compensation of officers, directors and key employees
- $92,142
- Other salaries and wages
- $124,598
- Salaries, compensation and benefits (total)
- $262,774
- Professional fundraising fees
- $0
- Accounting fees
- $30,523
- Occupancy
- $16,570
- Travel
- $12,410
- Depreciation
- $175,155
- Program services (functional)
- $731,374
- Management and general (functional)
- $301,150
- Fundraising (functional)
- $112,609
Balance sheet and other
- Total assets, start of year
- $14,312,695
- Total assets, end of year
- $14,690,495
- Total liabilities, end of year
- $4,322,187
- Net assets, end of year
- $10,368,308
- Land, buildings and equipment
- $8,490,627
- Publicly traded securities
- $3,724,888
- Net assets without donor restrictions
- $8,688,602
- Net assets with donor restrictions
- $1,679,706
- Gross unrelated business income
- $240,924
- Gross receipts
- $4,465,376
- Employees
- 7
- Volunteers
- 100
- Year formed
- 1986
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOSH REMINGTON 425 | FORMER EXECUTIVE DIRECTOR Officer | 40 | $96,270 | $9,520 |
| JULIANNE JOHNSTON | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BRIAN BAILEY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| RON ZELLE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JASON BERKLAND | PRESIDENT - ELECT Trustee or director | 1 | $0 | $0 |
| MARTY SCHWAGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DENISE FORNEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KELSEY BAILEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TAMMY NIEMANN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHAD HERTZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMIE CHRISTIANSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DWAINE FAIDLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIC WEUVE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSHUA DAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVE HOLM | INTERIM EXECUTIVE DIRECTOR Officer | 40 | $0 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOSH REMINGTON | EXECUTIVE DIRECTOR Officer | 40 | $94,614 | $9,259 |
| MAGGIE STITH | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BRIAN BAILEY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| RON ZELLE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JASON BERKLAND | PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JIM GARDNER | PAST TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CHAD HERTZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KELSEY BAILEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TAMMY NIEMANN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMIE CHRISTIANSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DWAYNE FAIDLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JULIANNE JOHNSTON | PRESIDENT- ELECT Trustee or director | 1 | $0 | $0 |
| ERIC WEUVE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIM KAPUCIAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARTY SCHWAGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SARAH ONNEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1055 SW PRAIRIE TRAIL PKWY 1, ANKENY, IA 50023-7074
- Principal officer (990 for 2024)
- BRIAN BAILEY, 1055 SW PRAIRIE TRAIL PKWY 1, ANKENY, IA 500237073
- Signed the 990
- BRIAN BAILEY, TREASURER
- Phone
- (515) 965-7370
- Website
- WWW.IOWAFFAFOUNDATION.ORG
- Return prepared by
- MERIWETHER WILSON AND COMPANY PLLC
Mission
THE IOWA FFA FOUNDATION CULTIVATES PARTNERSHIPS SUPPORTING AGRICULTURAL EDUCATION AND ALSO SEEKS AND PROVIDES FINANCIAL SUPPORT TO ASSIST AGRICULTURAL EDUCATION ORGANIZATIONS IN ACCOMPLISIHING THEIR MISSIONS.
Program accomplishments
- THE FOUNDATION SUPPORTS THE DEVELOPMENT OF QUALITY AGRICULTURAL EDUCATION PROGRAMS FOR HIGH SCHOOL STUDENTS, FFA MEMBERS, FFA CHAPTERS, AND OTHERS THROUGH PROFICIENCY AWARDS, CAREER DEVELOPMENT EVENTS, EXHIBITOR AWARDS, SCHOLARSHIP PROGRAMS, INCENTIVE AWARDS, AGRICULTURAL EDUCATION INSTRUCTIONAL MATERIALS, SEMINARS, CONFERENCES, WORKSHOPS, AND OTHER ACTIVITIES.Expenses $731,374 · grants $185,042 · revenue $14,824
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1305468
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $14,690,495
- Income (IRS master file)
- $4,465,376
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,739,991 | $1,145,133 | $14,690,495 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $2,040,394 | $1,102,910 | $14,312,695 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $3,267,436 | $1,170,303 | $14,221,721 | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $1,572,741 | $1,081,267 | $12,403,855 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 42-1305468).
Questions about IOWA FFA FOUNDATION
- What is the EIN of IOWA FFA FOUNDATION?
- The employer identification number (EIN) of IOWA FFA FOUNDATION is 42-1305468.
- Is IOWA FFA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to IOWA FFA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IOWA FFA FOUNDATION 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 FFA FOUNDATION 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 FFA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of IOWA FFA FOUNDATION?
- The 990 for the year ended June 30, 2025 names BRIAN BAILEY.
- Who are the officers and directors of IOWA FFA FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 15 people; 1 received compensation from the organization, the highest $96,270 (JOSH REMINGTON 425, FORMER EXECUTIVE DIRECTOR).
- How much revenue does IOWA FFA FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,739,991, expenses of $1,145,133 and total assets of $14,690,495 at year end.
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