Nebraska Farm Bureau Federation
- Assets
- $6.2m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 47
- Location
- Lincoln, NE
- Founding
- 08/1942
- Data as of
- 09/2021
- EIN
- 47-0249020
Organization Overview
Nebraska Farm Bureau Federation is located in Lincoln, NE. The organization was established in 1942. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 09/2021, Nebraska Farm Bureau Federation employed 47 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Nebraska Farm Bureau Federation is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2021, Nebraska Farm Bureau Federation generated $5.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $5.2m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FEDERATION EDUCATES AND SUPPORTS CURRENT AND FUTURE FARMERS AND RANCHERS IN NEBRASKA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FEDERATION PROMOTES THE ECONOMIC, EDUCATIONAL, AND SOCIAL WELFARE OF FARMERS AND RANCHERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Robertson Secretary/tr | Officer | 40 | $289,739 |
Bruce Rieker VP Govt Rela | 40 | $200,657 | |
Steve Nelson President | OfficerTrustee | 40 | $181,077 |
Jay Rempe Senior Econo | 40 | $165,860 | |
Kevin Burch CFO | 40 | $165,151 | |
Craig Head Cao | 40 | $149,988 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,105,212 |
| Investment income | $49,053 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,195,000 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $358,815 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,536,938 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,019 |
| Fees for services: Accounting | $9,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $86,028 |
| Advertising and promotion | $110,506 |
| Office expenses | $206,978 |
| Information technology | $1,592 |
| Royalties | $0 |
| Occupancy | $2,374 |
| Travel | $56,116 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $170,085 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $63,747 |
| All other expenses | $134,210 |
| Total functional expenses | $5,226,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,253,660 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $545,862 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $166,840 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $22,186 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,164,787 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,921 |
| Total assets | $6,162,256 |
| Accounts payable and accrued expenses | $690,012 |
| Grants payable | $0 |
| Deferred revenue | $537,743 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $594,875 |
| Other liabilities | $0 |
| Total liabilities | $1,822,630 |
| Net assets without donor restrictions | $4,339,626 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,162,256 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nebraska Farm Bureau Federation has recieved totaling $107.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $107 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Corn Growers Association Chesterfield, MO | $16,422,383 | $19,831,099 |
Kansas Farm Bureau Manhattan, KS | $113,719,164 | $13,754,272 |
Arabian Horse Association Aurora, CO | $7,104,818 | $11,582,764 |
Seed Savers Exchange Inc Decorah, IA | $8,340,832 | $6,859,116 |
Nebraska Farm Bureau Federation Lincoln, NE | $6,162,256 | $5,536,938 |
Missouri Corn Merchandising Council Jefferson City, MO | $10,685,301 | $5,612,300 |
Eat Greater Des Moines Des Moines, IA | $273,044 | $4,607,206 |
Missouri Farm Bureau Federation 1616 Missouri Blvd Jefferson City, MO | $26,099,278 | $6,710,697 |
South Dakota Beef Industry Council Inc Pierre, SD | $1,193,198 | $4,031,431 |
Missouri Soybean Assn Jefferson City, MO | $9,000,257 | $4,021,362 |
Practical Farmers Of Iowa Ames, IA | $3,629,239 | $3,884,964 |
Nebraska Beef Council Kearney, NE | $3,014,074 | $3,736,619 |