Idaho Farm Bureau Federation Inc

Organization Overview

Idaho Farm Bureau Federation Inc is located in Pocatello, ID. The organization was established in 1943. 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 10/2021, Idaho Farm Bureau Federation Inc employed 25 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Idaho Farm Bureau Federation Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 10/2021, Idaho Farm Bureau Federation Inc generated $6.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $4.8m during the year ending 10/2021. While expenses have increased by 0.0% per year over the past 6 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 PROMOTE, IMPROVE AND STABILZE THE AGRICULTURAL INDUSTRY IN WHICH ITS MEMBER ARE ENGAGED, BY SECURING GREATER EFFICIENCY IN THE PRODUCTION, DISTRIBUTION AND MARKETING OF AGRICULTURAL PRODUCTS AND TO CORRELATE AND STRENGTHEN THE COUNTY FARM BUREAUS AND SIMILAR ORGANIZATIONS OF THE STATE OF IDAHO AND TO COORDINATE THE ACTIVITIES OF THEIR RESPECTIVE OFFICERS AND PERSONEL, WITHIN THEIR RESPECTIVE FIELDS OF ENDEAVOR, TO THE END, THAT SOUND AND EFFECTIVE NATIONAL AND STATE LEGISLATION MAY BE ADOPTED AND ADMINISTERED, THAT PROPER AND SATISFACTORY PUBLIC RELATIONS AND SERVICES MAY BE DEVELOPED AND SUSTAINED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION SERVES ITS MEMBER FAMILIES AND IMPROVES THE QUALITY OF LIFE THROUGH MARKET SEARCH, PRICES REPORTS, AND RISK MANAGEMENT TRAINING. FARM BUREAU ASSISTS FARMERS BY PROVIDNG MARKETING RESOURCES AND POLICY ADVOCACY TO CREATE AN ENVIRONMENT WHERE SUSTAINABLE AGRICULTURE PRACTICES CAN FLOURISH. IDAHO FARM BUREAU IS THE ONLY AGRICULTURE ORGANIZATION IN THE STATE THAT REPRESENTS ALL OF THE FARM COMMODITIES GROWN IN THE STATE. OVER THE YEARS THE ORGANIZATION HAS COMPILED AN EXTENSIVE LIBRARY OF PRICING DATA FROM A VARIETY OF CROPS GROWN IN IDAHO.


THE OGANIZATION USES A WIDE RANGE OF MEDIUMS TO INFORM THE MEMBERS ABOUT ISSUES AFFECTING MEMBER HOMES AND OPERATIONS. IDAHO FARM BUREAU HAS WORKED TO CREATE A WEB PRESENCE AS WELL AS A DEEP SOCIAL MEDIA FOOTPRINT. THE IDAHO FARM BUREAU QUARTERLY IS MAILED TO ALL OF THE 80,000+ MEMBERS 4 TIMES PER YEAR. THE GEM STATE PRODUCER IS MAILED TO THE 17,000+ PRODUCER MEMBERS 8 TIMES PER YEAR.


ALL OF THE MEMBERS OF THE ORGANIZATION ARE ELIGIBLE FOR MEMBER BENEFITS THAT ARE OFFERED THOUGH FARM BUREAU PARTNERS. SOME OF THE BEEFITS INCLUDE A REBATE ON NEW FORD VEHICLE PURCHASES, HOTEL DISCOUNTS, INSURANCE, INVESTMENTS, AND OTHER LOCAL VENDORS. THE ORGANIZATION SELLS OVER 20,000 DISCOUNT MOVIE AND THEME PARK TICKETS TO THE MEMBERS PER YEAR.


THE ORGANIZATION ENDEAVORS TO PROTECT THE INTEREST OF ITS PRODUCTION MEMBERS BY DEVELOPING POLICY AT THE "GRASSROOTS" LEVEL AND PROMOTING IT ACCROSS THE STATE OF IDAHO. THE STAFF MEETS WITH STATE GOVERNMENT AGENCIES TO PROMOTE A FAVORABLE ENVIRONMENT FOR OUR MEMBERS. THROUGH MAILINGS, OUR WEBSITE, AND OUR MAGAZINES, THE MEMBERS ARE KEPT INFORMED ON CHANGING RULES AND REGULATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Zak Miller
Executive VP
$154,500
Bryan Searle
President
$96,250
Richard Durrant
Vice Preside
$27,550
Tom Daniel
Director
$12,900
Marjorie French
Director
$12,750
Rick Brune
Director
$12,350

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$2,470,929
Investment income $452,924
Tax Exempt Bond Proceeds $0
Royalties $3,402,476
Net Rental Income $44,327
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,412,454

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Idaho Farm Bureau Federation Inc has recieved totaling $29,800.

Awarding OrganizationAmount
Pharmaceutical Research And Manufacturers Of America

Washington, DC

PURPOSE: GENERAL CONTRIBUTION

$29,800
View Grant Recipient Profile

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