Iowa Farm Bureau Federation

Organization Overview

Iowa Farm Bureau Federation, operating under the name Cerro Gordo County Farm Bureau, is located in Mason City, IA. The organization was established in 1957. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Cerro Gordo County Farm Bureau is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 12/2021, Cerro Gordo County Farm Bureau generated $148.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $131.1k during the year ending 12/2021. While expenses have increased by 1.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

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

Describe the Organization's Program Activity:

Part 3 - Line 4a

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Board, Officers & Key Employees

Name (title)Compensation
Joe Mcgrath
Vice President
$0
Kilah Watson
Secretary
$0
Kevin Pope
President
$0
Jess Lutz
Treasurer
$0
Eric Arthur
Voting Delegate
$0
Justin Timpe
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$23,350
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$200
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$23,550
Total Program Service Revenue$78,885
Investment income $8,584
Tax Exempt Bond Proceeds $0
Royalties $17,495
Net Rental Income -$9,083
Net Gain/Loss on Asset Sales $23,286
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $148,611

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Iowa Farm Bureau Federation has recieved totaling $70,089.

Awarding OrganizationAmount
Iowa Farm Bureau Federation

West Des Moines, IA

PURPOSE: COUNTY FARM BUREAU OPERATING GRANT

$70,089
View Grant Recipient Profile

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