2022-09-15T09:39:30-05:00 2021-10-31 420731256 MERIWETHER WILSON AND COMPANY PLLC 4500 WESTOWN PARKWAY SUITE 140 WEST DES MOINES IA 502666717 990 2020-11-01 420331840 IOWA FARM BUREAU FEDERATION IOWA 5152255400 5400 UNIVERSITY AVE WEST DES MOINES IA 50266 MARTY SCHWAGER EXECUTIVE DIRECTOR,SEC-TREAS 5152255400 2022-09-13 1 MARTY SCHWAGER 999009999 JONATHAN MAAHS P01536301 5152230002 2 AAL1 IAL1 2020 2023-04-26 12:10:37Z MARTY SCHWAGER 5400 UNIVERSITY AVE WEST DES MOINES IA 50266 411141684 0 0626 X WWW.IOWAFARMBUREAU.COM X 1918 IA TO CREATE A VIBRANT FUTURE FOR AGRICULTURE, FARM FAMILIES AND THEIR COMMUNITIES. 11 0 75 0 3090626 0 111108 80338 7371299 7376048 73872346 99354106 5640780 10570828 86995533 117381320 8489159 1429781 0 0 11059996 8243309 35734 36279 0 36807913 20820596 56392802 30529965 30602731 86851355 1514260280 1817745146 8980415 7033281 1505279865 1810711865 X TO CREATE A VIBRANT FUTURE FOR AGRICULTURE, FARM FAMILIES AND THEIR COMMUNITIES. 0 0 MARKETING AND COMMUNICATIONS - NEWS SERVICE ISSUES THE WEEKLY PUBLICATION, "IOWA FARM BUREAU SPOKESMAN," WHICH IS THE PRIMARY COMMUNICATIONS VEHICLE BETWEEN STATE AND COUNTY LEADERS AND FARMING MEMBERS PROVIDING REPORTS ON FARM BUREAU POLICY IMPLEMENTATION AND REGULATORY ISSUES AS WELL AS STATE, NATIONAL AND INTERNATIONAL AGRICULTURE NEWS. ALSO PUBLISHED IS A MONTHLY NEWSPAPER, "FAMILY LIVING," DISTRIBUTED TO AG-SUPPORTING MEMBERS. APPROXIMATELY 133,000 MEMBERS BENEFITED FROM BOTH PUBLICATIONS. ADDITIONALLY, A WEEKLY E-NEWSLETTER FOR MEMBER LEADERS, "THE DIRT", IS ALSO PUBLISHED BY NEWS SERVICES BENEFITTING APPROXIMATELY 850 MEMBERS EACH WEEK. THE SPOKESMAN SPEAKS IS A FARMER-FOCUSED PODCAST THAT HAS OVER 33,887 DOWNLOADS ON USEFUL FARM TRENDS AND TIPS. THE TEAM ALSO PRODUCES A SEMI-ANNUAL CONSUMER E-NEWSLETTER, "THE IOWA DISH," WITH A SUBSCRIBER BASE OF MORE THAN 59,266 SUBSCRIBERS FEATURING FARM AND FOOD NEWS. MARKETING FOCUSES ON MEMBER RETENTION AND ACQUISITION THROUGH VARIOUS MEDIUMS INCLUDING VIDEO, ADVERTISING, PRINT, RADIO, MULTI-MEDIA AND WEB MARKETING. THE TEAM MARKETS FARM BUREAU BENEFITS, SERVICES AND PROGRAMS TO THE MEMBERSHIP AS WELL AS THE GENERAL PUBLIC AND MANAGES THE ORGANIZATION'S BRAND. THEY ALSO MANAGE RELATIONSHIPS WITH MEMBER BENEFIT PARTNERS AND COORDINATE PARTNER PROMOTIONS. KEY EVENTS INCLUDE THE IOWA STATE FAIR, FFA, OUTREACH EFFORTS WITH THE UNIVERSITY OF IOWA THROUGH OUR ANF PARTNERSHIP AND IOWA STATE UNIVERSITY THROUGH OUR FARM STRONG PARTNERSHIP, AMONG NUMEROUS OTHER PARTNERSHIPS. COMBINED, PARTNER PROMOTIONS REACHED OVER ONE MILLION CONSUMERS WITH FARMING AND FARM BUREAU INFORMATION. PUBLIC RELATIONS STRATEGICALLY COMMUNICATES FARM BUREAU POLICY AND AGRICULTURAL ISSUES TO KEY ORGANIZATIONAL STAKEHOLDERS, INCLUDING: MEMBERS, EMPLOYEES, ELECTED LEADERS, MEMBERS OF THE NEWS MEDIA AND THE GENERAL PUBLIC. THE TEAM ALSO PRODUCES A WEEKLY TV COMMERCIAL, THE IOWA MINUTE, WHICH AIRS TO OVER 2.6 MILLION HOUSEHOLDS AND CONDUCTS MESSAGE AND COMMUNICATIONS TRAINING FOR COUNTY FARM BUREAU'S, TRAINING OVER 165 LAST YEAR. THE TEAM ALSO MANAGED MEDIA RELATION EFFORTS, COORDINATING 171 MEDIA INTERVIEWS RESULTING IN NEARLY 2,459 PLACEMENTS WITH A REACH OF 2.5 MILLION. THE DIGITAL MARKETING DEPARTMENT PROVIDES STRATEGIC OUTREACH THROUGH ONLINE (WEB-BASED) AND SOCIAL MEDIA PLATFORMS TO ENGAGE, DEVELOP, MAINTAIN AND EXPAND RELEVANT AND IMPACTFUL DIALOGUES WITH KEY AUDIENCES. OVER 155,000 MEMBERS BENEFITED FROM THESE PROGRAMS. FIELD SERVICE - WORK WITH 100 COUNTY FARM BUREAUS AND THEIR VOLUNTEER LEADERS AROUND THE STATE TO IMPLEMENT PROGRAMS AND POLICIES THAT BENEFIT MEMBERS AND THE ORGANIZATION IN GENERAL. THIS IS ACCOMPLISHED BY DEVELOPMENT AND DELIVERY OF TRAINING PROGRAMS FOR COUNTY BOARDS OF DIRECTORS AND THEIR EXECUTIVE BOARDS AS WELL AS KEY COUNTY COMMITTEE MEMBERS LIKE YOUNG FARMERS AND AG EDUCATION VOLUNTEERS. THESE PROGRAMS ENHANCE LEADERSHIP SKILLS AND STIMULATE DEVELOPMENT OF FUTURE LEADERS FOR FARM BUREAU, AGRICULTURE, AND RURAL IOWA. THE MEMBER EDUCATION PROGRAMS SUCH AS REGULARLY SCHEDULED WEBINARS, RISK MANAGEMENT AND COMMODITY MARKETING SESSIONS AND THE TAKE ROOT PROGRAM HELPS MEMBERS ACROSS THE STATE WITH THEIR BUSINESS SUCCESSION AND TRANSITION CHALLENGES, RISK MANAGEMENT STRATEGIES AND BUSINESS DEVELOPMENT DECISIONS. THE EDUCATIONAL PRORAMS ALSO ASSISTS FARMERS AND YOUNG FARMERS BEGIN NEW FARM BUSINESSES, ASSISTS FARMERS TO IMPROVE THEIR EXISTING FARM AND BUSINESS MANAGEMENT SKILLS AND IMPROVE NET FARM INCOME. GOVERNMENT RELATIONS - WORK WITH VOLUNTEER AGRICULTURAL LEADERS TO INFLUENCE PUBLIC POLICY DECISIONS AT THE COUNTY, STATE AND NATIONAL LEVELS. PROVIDES INFORMATION ABOUT ISSUES AFFECTING RURAL IOWANS. OVER 156,000 MEMBERS BENEFITED. 0 1 0 1 0 0 0 0 1 1 1 0 0 1 0 1 0 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 70 0 1 75 1 1 1 0 0 0 0 0 0 0 1 0 X 11 0 0 1 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 X JAMES W GARDNER CFO 5152255400 5400 UNIVERSITY AVE WEST DES MOINES IA 50266 X RANDY BRINCKS DISTRICT 1 DIRECTOR 18.00 X 42064 0 0 ANDY HILL DISTRICT 2 DIRECTOR 18.00 X 41829 0 0 MATT SCHUITEMAN DISTRICT 3 DIRECTOR 18.00 X 42384 0 0 BRENT JOHNSON DISTRICT 4 DIRECTOR 18.00 X 42864 0 0 MARK BUSKOHL DISTRICT 5 DIRECTOR 18.00 X 44803 0 0 JOE DIERICKX DISTRICT 6 DIRECTOR 18.00 X 40289 0 0 RICK PLOWMAN DISTRICT 7 DIRECTOR 18.00 X 42103 0 0 TIM KALDENBERG DISTRICT 8 DIRECTOR 18.00 X 39446 0 0 WILLIAM FRAZEE DISTRICT 9 DIRECTOR 18.00 X 44742 0 0 JOE HEINRICH VICE PRESIDENT 18.00 X X 65465 0 0 CRAIG D HILL PRESIDENT 20.00 30.00 X X 0 523230 223166 DUANE JOHNSON EXECUTIVE DIRECTOR/SECRETARY-TREASURER (6/30) 20.00 30.00 X X 0 541766 1449102 MARTY SCHWAGER EXECUTIVE DIRECTOR/SECRETARY-TREASURER 20.00 30.00 X X 150124 37693 161892 EDWARD G PARKER GENERAL COUNSEL 30.00 30.00 X 0 805858 528947 JAMES GARDNER CHIEF FINANCIAL OFFICER 30.00 20.00 X 0 400233 464135 CHAD BISHOP DIRECTOR, INFORMATION RESOURCES 25.00 25.00 X 0 236441 151233 SARA PAYNE CHIEF MKTG & COMMUNICATIONS OFFICER 40.00 X 0 370186 335954 KARL OLSON ASSISTANT GENERAL COUNSEL 40.00 X 0 279736 116777 MARK WICKHAM ASSISTANT GENERAL COUNSEL 40.00 X 0 246864 81123 DONALD PETERSEN DIRECTOR, GOVERNMENT RELATIONS 40.00 X 212681 45933 307165 SAM FUNK DIRECTOR, RESEARCH & COMMODITY SERVICES 40.00 X 182947 43433 72319 DANA ARDARY MARKETING MANAGER 40.00 X 167532 0 154872 1159273 3531373 4046685 26 0 1 0 ITA GROUP 4800 WESTOWN PARKWAY STE 300 WEST DES MOINES IA 50266 TRAVEL SERVICES 475776 TIMES CITIZENS COMMUNICATIONS PO BOX 670 IOWA FALLS IA 50126 MGM & PRINTG OF PUBS 402415 BOW AND ARROW 820 PRAIRIE ST ADEL IA 50003 MARKETING PROD SVC 163289 DECISION INNOVATION SOLUTIONS LLC 3315 109TH ST STE B URBANDALE IA 503228107 ECON & RESEARCH SVC 162638 4 80338 80338 MEMBERSHIP DUES 813410 3415781 3415781 PUBLICATION REVENUE 511120 2942848 351025 2591823 RECOVERY OF EXP. OTHER ENTITIES 561000 707913 707913 PROGRAM SERVICE TRIP RECOVERIES 900099 227706 227706 RECOVERIES 900099 77000 77000 4800 4800 7376048 63425606 63425606 6413115 498803 5914312 329683774 293755274 35928500 35928500 35928500 7632 5090 2542 2542 PENSION PLAN RELATED CHANGES OTHE 900099 4145620 4145620 OTHER REVENUE 900099 9551 9551 4155171 117381320 8941938 3090626 105268418 X 1249517 180264 447160 5364396 1048237 981079 402437 1050482 600784 2199282 36279 559308 1832807 2365853 448241 2394516 1434980 1020729 634442 1824911 779520 67 190514 PUBLICATIONS 3183094 DUES AND SUBSCRIPTIONS 129499 ALL OTHER EXPENSES 80278 OTHER PROGRAM SERVICES 53890 37399 30529965 15005377 7125035 40207913 12480764 15729166 21100778 133291 181043 900463 684555 343244 187298 156013 155946 568667048 562588086 873166235 1210732462 294774 2696477 1514260280 1817745146 3710831 3713170 1365045 1248500 1888808 1886375 2015731 185236 8980415 7033281 X 1505279865 1810711865 1505279865 1810711865 1514260280 1817745146 86851355 218580645 0 X X 0 1 X 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 PART III-A, LINE 1 90% OF DUES CAME FROM PERSONS, FAMILIES, OR ENTITIES WHO EACH PAID ANNUAL DUES OF $119 OR LESS IN 2020. SEE REV. PROC. 2019-44. 599050640 20854922 97649689 461398 717093853 532939222 40870938 25402980 162500 599050640 439776604 41216490 51946128 532939222 396524713 40038876 3213015 439776604 311612784 38861262 46050667 396524713 1.00000 0.00000 0.00000 0 0 343244 187298 155946 155946 1033044643 C TRUST PREFERRED SECURITIES 45318652 C PARTNERSHIP INTERESTS 132369167 C 1210732462 ACCRUED PENSION COSTS 185236 185236 115946340 0 115946340 1434980 1434980 117381320 29094985 0 29094985 1434980 1434980 30529965 PART V, LINE 4: THE BOARD DESIGNATED FUNDS ARE INVESTED IN A DIVERSIFIED PORTFOLIO THAT WILL PROVIDE A SOURCE OF INVESTMENT INCOME TO SUPPORT THE ORGANIZATION'S PROGRAMS ON A LONG-TERM BASIS. PART XI, LINE 4B - OTHER ADJUSTMENTS: ROYALTY PAYMENTS TO COUNTY FARM BUREAUS, NETTED WITH ROYALTY INC IN AUDIT 1,434,980. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROYALTY PAYMENTS TO COUNTY FARM BUREAUS, NETTED WITH ROYALTY INC IN AUDIT 1,434,980. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 31179000 0 0 0 0 0 0 31179000 0 31179000 1 0 0 0 1 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART IV, LINE 5 THE OWNERSHIP INTEREST WAS LESS THAN 10% FOR ALL FOREIGN PARTNERSHIPS. X X X 1 VICTORY ENTERPRISES 5200 SW 30TH ST DAVENPORT IA 52802 ADVERTISING CONSULTING 0 64152 36279 27873 64152 36279 27873 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE REVENUE GENERATED BY THIS FUNDRAISER WENT DIRECTLY TO IOWA FARM BUREAU FEDERATION POLITICAL ACTION COMMITTEE, A RELATED SECTION 527 ENTITY, WHICH FILES ITS OWN FORM 990. SEE SCHEDULE R, PART II. 1 IOWA 4-H FOUNDATION EXTENSION 4-H YOUTH BUILDING ISU AMES IA 50011 426061606 501(C)(3) 50000 PARTNERSHIP CONTRIBUTIONS IOWA STATE UNIVERSITY FOUNDATION PO BOX 2230 AMES IA 50010 421143702 501(C)(3) 184000 AG PROGRAM CONTRIBUTION IOWA AGRICULTURE LITERACY FOUNDATION 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266 311672416 501(C)(3) 114500 GENERAL CONTRIBUTION GLOBAL FARMER NETWORK 309 COURT AVE STE 214 DES MOINES IA 50309 421500468 501(C)(4) 15000 GENERAL CONTRIBUTION IOWA FFA FOUNDATION 1055 SW PRAIRIE TRAIL PKWY PO BOX 43 ANKENY IA 50266 421305468 501(C)(3) 100000 PARTNERSHIP CONTRIBUTIONS IOWA SPORTS FOUNDATION 1421 S BELL AVE STE 104 AMES IA 50010 421278326 501(C)(3) 15000 YOUTH WELLNESS CONTRIBUTION NEW BOHEMIAN INNOVATION COLLABORATIVE INC 415-12TH AVE SE CEDAR RAPIDS IA 52401 464387860 501(C)(3) 10000 ENTREFEST SPONSOR IOWA COLLEGE ACCESS NETWORK 1770 BOYSON ROAD HIAWATHA IA 52233 270915418 501(C)(3) 25000 TARGETED PROGRAMS CONTRIBUTION GREATER DES MOINES PARTNERSHIP 601 LOCUST ST STE 700 DES MOINES IA 50309 421489668 501(C)(6) 25000 GENERAL CONTRIBUTION THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT ONE WEST PARK ROAD IOWA CITY IA 52242 420796760 501(C)(3) 15000 BUSINESS LEADERSHIP NETWORK PROGRAMMING CONTRIBUTION AMERICAN CANCER SOCIETY 250 WILLIAMS ST ATLANTA GA 30303 131788491 501(C)(3) 10000 SPONSOR COACHES VS CANCER IOWA HIGH SCHOOL ATHLETICS ASSOCIATION PO BOX 10 BOONE IA 50036 208062466 501(C)(3) 411750 GENERAL CONTRIBUTION COALITION TO SUPPORT IOWA'S FARMERS 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266 200995727 501(C)(6) 6000 DISASTER RELIEF CONTRIBUTION IOWA STATE FAIR BLUE RIBBON FOUNDATION PO BOX 57130 DES MOINES IA 50317 421376689 501(C)(3) 7500 GENERAL CONTRIBUTION NATIONAL AGRICULTURE IN THE CLASSROOM ORGANIZATION 19 RIVER OAKS WAY PALM COAST FL 32137 311649895 501(C)(3) 20000 GENERAL CONTRIBUTION NUFFIELD INTERNATIONAL FARMING SCHOLARS USA 18890 JOHNSON RD LINCOLN DE 19960 814933506 501(C)(3) 10000 INTERNATIONAL SCHOLARSHIP PROGRAM 13 16 AGRICULTURAL SCHOLARSHIPS 196 180264 PART I, LINE 2: GRANT REQUESTS ARE ACCEPTED FROM NON-PROFIT ORGANIZATIONS THAT ARE ALIGNED WITH THE MISSION AND GOALS OF THE IOWA FARM BUREAU FEDERATION (IFBF). DISBURSEMENT OF FUNDS IS PERMITTED WITHIN THE ANNUAL GRANT BUDGET AS APPROVED BY THE IFBF BOARD OF DIRECTORS AFTER RECEIPT OF W-9. IFBF REQUIRES WRITTEN DOCUMENTATION OF THE GRANT REQUEST WHICH MUST INCLUDE THE ORGANIZATION'S CONTACT INFORMATION INCLUDING KEY STAFF AND/OR VOLUNTEER CONTACT, NON-PROFIT STATUS AND A DETAILED INTENT FOR USE OF GRANT DOLLARS. MONITORING OF AWARDED GRANTS MAY INCLUDE ONE OR MORE OF THE FOLLOWING: A SITE VISIT TO GRANT RECIPIENT, PHONE CONTACT, FILE NOTES OR AN ANNUAL WRAP UP REPORT AT THE END OF THE GRANTING PERIOD. DISBURSEMENTS OF PLEDGE PAYMENTS ARE BASED UPON THE ACCURACY AND PROMPTNESS OF PROGRESS REPORTS. X 1 1 X X X X X 0 1 0 DUANE JOHNSON EXECUTIVE DIRECTOR/SECRETARY-TREASUR 0 379812 0 146218 0 15736 0 1423275 0 25827 0 1990868 0 0 EDWARD G PARKER GENERAL COUNSEL 0 452781 0 159643 0 193434 0 506471 0 22476 0 1334805 0 0 JAMES GARDNER CHIEF FINANCIAL OFFICER 0 288940 0 79448 0 31845 0 443064 0 21071 0 864368 0 0 CRAIG D HILL PRESIDENT 0 232059 0 159594 0 131577 0 204977 0 18189 0 746396 0 0 SARA PAYNE CHIEF MKTG & COMMUNICATIONS OFFICER 0 273519 0 77108 0 19559 0 309890 0 26064 0 706140 0 0 DONALD PETERSEN DIRECTOR, GOVERNMENT RELATIONS 175027 35903 28225 0 9429 10030 238345 51475 14264 3081 465290 100489 0 0 KARL OLSON ASSISTANT GENERAL COUNSEL 0 215211 0 28296 0 36229 0 107239 0 9538 0 396513 0 0 CHAD BISHOP DIRECTOR, INFORMATION RESOURCES 0 194277 0 26012 0 16152 0 129731 0 21502 0 387674 0 0 MARTY SCHWAGER EXECUTIVE DIRECTOR/SECRETARY-TREASUR 126679 28052 20010 0 3435 9641 108566 27258 20836 5232 279526 70183 0 0 MARK WICKHAM ASSISTANT GENERAL COUNSEL 0 212984 0 27992 0 5888 0 59689 0 21434 0 327987 0 0 DANA ARDARY MARKETING MANAGER 152811 0 13756 0 965 0 132708 0 22164 0 322404 0 0 0 SAM FUNK DIRECTOR, RESEARCH & COMMODITY SERVI 161270 34113 21630 0 47 9320 40928 9716 17516 4159 241391 57308 0 0 PART I, LINE 1A THE COMPANY ALLOWS BOARD MEMBERS' SPOUSES TO ATTEND THE AFBF ANNUAL MEETING, COUNTY PRESIDENTS' INCENTIVE TRIP, AND THE NATIONAL AFFAIRS TRIP. THE EXPENSES OF THE SPOUSE ARE TAXED TO THE BOARD MEMBER AND INCLUDED IN THEIR FORM 1099 NEC, BOX 1. PART I, LINE 4B ITEM 4B - THE COMPANY, THROUGH A WHOLLY-OWNED SUBSIDIARY, PROVIDES A NONQUALIFIED, DEFINED CONTRIBUTION PLAN TO THE ORGANIZATION'S PRESIDENT. DUE TO HISTORICALLY SHORTER TENURE PERIODS FOR THIS POSITION, THE PRESIDENT TYPICALLY DOES NOT BENEFIT FROM THE DEFINED BENEFIT PLAN AVAILABLE TO ALL EMPLOYEES. ADDITIONALLY, THE COMPANY'S GENERAL COUNSEL WAS OFFERED A NONQUALIFIED, DEFINED CONTRIBUTION PLAN DUE TO LOSS OF RETIREMENT BENEFITS FROM THEIR PREVIOUS EMPLOYER, ALSO AN AFFILIATE. INCOME INCLUDED IN PART II, COLUMN B(III) AMOUNTED TO $56,891 AND $135,000, RESPECTIVELY. FARM BUREAU MANAGEMENT CORP COMMON OFFICERS 7684521 ADMINISTRATIVE SERVICES - THE ORGANIZATION MAKES PAYMENTS TO FARM BUREAU MANAGEMENT CORPORATION (FBMC) FOR MANAGEMENT AND ADMINISTRATIVE SERVICES. THE FOLLOWING INDIVIDUALS WERE ALSO OFFCERS, DIRECTORS, OR KEY EMPLOYEES OF FBMC: CRAIG HILL, PRESIDENT; MARTY SCHWAGER, SECRETARY/TREASURER AND EXECUTIVE DIRECTOR; ED PARKER, GENERAL COUNSEL; JIM GARDNER, CHIEF FINANCIAL OFFICER; CHAD BISHOP, DIRECTOR INFORMATION RESOURCES; AND SARA PAYNE, CHIEF MARKETING OFFICER. 0 FBL FINANCIAL GROUP INC COMMON OFFICERS & DIRECTORS 345669 ADMINISTRATIVE SERVICES - THE ORGANIZATION MAKES PAYMENTS TO FBL FINANCIAL GROUP, INC. (FBL) FOR ADMINISTRATIVE SERVICES AND SHARED BOARD OF DIRECTORS EXPENSES OF FBL. THE FOLLOWING INDIVIDUALS WERE ALSO OFFICERS OR DIRECTORS OF FBL: CRAIG HILL, PRESIDENT; JOE HEINRICH, VICE PRESIDENT; AND MARTY SCHWAGER, SECRETARY/TREASURER AND EXECUTIVE DIRECTOR. 0 IFBF PROPERTY MANAGEMENT INC COMMON OFFICERS 1020729 RENT - THE ORGANIZATION PAYS RENT TO IFBF PROPERTY MANAGEMENT, INC. THE FOLLOWING INDIVIDUALS WERE ALSO OFFICERS OF IFBF PROPERTY MANAGEMENT, INC.: CRAIG HILL, PRESIDENT; MARTY SCHWAGER, SECRETARY/TREASURER AND EXECUTIVE DIRECTOR; ED PARKER, GENERAL COUNSEL; AND JIM GARDNER, CHIEF FINANCIAL OFFICER. 0 FARM BUREAU LIFE INSURANCE COMPANY COMMON OFFICERS & DIRECTORS 211167 THE ORGANIZATION RECEIVES PAYMENTS FROM FARM BUREAU LIFE (FB LIFE) AS A RESULT OF SHARED BOARD OF DIRECTOR EXPENSES. THE FOLLOWING INDIVIDUALS WERE ALSO OFFICERS OR DIRECTORS OF FB LIFE: CRAIG HILL, PRESIDENT; JOE HEINRICH, VICE PRESIDENT; MARTY SCHWAGER, SECRETARY/TREASURER AND EXECUTIVE DIRECTOR; AND MARK BUSKOHL, DISTRICT 5 DIRECTOR. 0 FARM BUREAU PROPERTY & CASUALTY COMPANY COMMON OFFICERS & DIRECTORS 76000 THE ORGANIZATION RECEIVES PAYMENTS FROM FARM BUREAU PROPERTY & CASUALTY (FB P&C) AS A RESULT OF SHARED BOARD OF DIRECTOR EXPENSES. THE FOLLOWING INDIVIDUALS WERE ALSO OFFICERS OR DIRECTORS OF FB P&C: CRAIG HILL, PRESIDENT; MARTY SCHWAGER, SECRETARY/TREASURER AND EXECUTIVE DIRECTOR; MARK BUSKOHL, DISTRICT 5 DIRECTOR; BRENT JOHNSON, DISTRICT 4 DIRECTOR; WILL FRAZEE, DISTRICT 9 DIRECTOR; RICK PLOWMAN, DISTRICT 7 DIRECTOR; AND ANDY HILL, DISTRICT 2 DIRECTOR. 0 FARM BUREAU HEALTH BENEFIT PLAN LLC COMMON OFFICERS 498803 THE ORGANIZATION RECEIVES PAYMENTS FROM FARM BUREAU HEALTH BENEFIT PLAN (FBHBP) AS A RESULT OF A ROYALTY AGREEMENT WITH FBHBP. THE FOLLOWING INDIVIDUALS WERE ALSO OFFICERS OF FBHBP: CRAIG HILL, PRESIDENT; MARTY SCHWAGER, SECRETARY/TREASURER AND EXECUTIVE DIRECTOR; AND ED PARKER, GENERAL COUNSEL. 0 FORM 990, PART IV, LINE 32 THE ORGANIZATION, A MAJORITY SHAREHOLDER OF FBL FINANCIAL GROUP, INC. (FBL), PARTICIPATED IN A RECAPITALIZATION WHEREBY FBL BECAME A PRIVATE COMPANY. AS A RESULT OF THIS ACTION, FBL COMBINED CLASS A AND CLASS B SHARES OWNED BY THE ORGANIZATION INTO ONE CLASS (COMMON) AND ISSUED CLASS C PREFERRED STOCK TO THE ORGANIZATION. NO SUBSTANTIAL CHANGES RESULTED FROM THIS RECAPITALIZATION. STATEMENT PURSUANT TO SECTION 1.351-3(A) BY IOWA FARM BUREAU FEDERATION, A SIGNIFICANT TRANSFEROR: TRANSFEREE CORPORATION: FBL FINANCIAL GROUP, INC. 42-1411715 DATE OF TRANSFER OF ASSETS: MAY 25, 2021 OCTOBER 14, 2021 AGGREGATE FMV AND BASIS OF PROPERTY TRANSFERRED: MAY 25, 2021: CASH AGGREGATE FMV = $46,197,045.00 AGGREGATE BASIS = $46,197,045.00 OCTOBER 14, 2021: CASH AGGREGATE FMV = $971,170.00 AGGREGATE BASIS = $971,170.00 NO PRIVATE LETTER RULINGS WERE OBTAINED IN CONNECTION WITH THESE EXCHANGES. STATEMENT PURSUANT TO SECTION 1.368-3(B) BY IOWA FARM BUREAU FEDERATION, A SIGNIFICANT HOLDER: PARTIES TO THE TRANSACTION: FBL FINANCIAL GROUP, INC. 42-1411715 DATE OF REORGANIZATION: MAY 25, 2021 AGGREGATE FMV AND BASIS, IMMEDIATELY BEFORE THE TRANSACTION, OF ALL SECURITIES OF THE TARGET CORPORATION HELD BY THE TAXPAYER THAT WERE TRANSFERRED IN THE TRANSACTION: 14,767,922 SHARES CLASS A & B COMMON STOCK OF FBL FINANCIAL GROUP, INC. AGGREGATE FMV = $900,843,242.00 AGGREGATE BASIS = $1,655,377.00 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION UTILIZES A WHOLLY OWNED SUBSIDIARY, FARM BUREAU MANAGEMENT CORPORATION (FBMC), TO PROVIDE THE DAY TO DAY MANAGEMENT FUNCTION OF IFBF. THIS CORPORATION EMPLOYS THE PRESIDENT, SECRETARY-TREASURER, GENERAL COUNSEL, CHIEF FINANCIAL OFFICER, CHIEF MARKETING AND COMMUNICATIONS OFFICER, DIRECTOR, FIELD SERVICE AND DIRECTOR, INFORMATION RESOURCES AND ALLOCATES THEIR EXPENSES ACROSS ALL OF THE ENTITIES UNDER FBMC MANAGEMENT. FORM 990, PART VI, SECTION A, LINE 6 ANY PERSON MAY BE A FARM BUREAU MEMBER. ALL FARM BUREAU MEMBERS HAVE THE SAME VOTE AND ACCESS TO MEMBER BENEFITS. IN ORDER TO HOLD AN OFFICER OR DIRECTOR POSITION WITHIN FARM BUREAU, THE MEMBER MUST BE ACTUALLY ENGAGED IN FARMING, WHICH MUST BE HIS/HER PRIMARY INTEREST. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT AND VICE PRESIDENT OF FARM BUREAU ARE VOTED ON BY THE HOUSE OF DELEGATES. ALL OTHER DIRECTORS ARE VOTED ON BY THE HOUSE OF DELEGATES FROM THEIR DISTRICTS. THE HOUSE OF DELEGATES IS COMPRISED OF ONE MEMBER FROM EACH COUNTY IN IOWA WHO IS VOTED INTO THAT POSITION BY THAT COUNTY'S FARM BUREAU MEMBERS. THE DELEGATE MUST BE ACTUALLY ENGAGED IN FARMING, WHICH MUST BE HIS/HER PRIMARY INTEREST. FORM 990, PART VI, SECTION A, LINE 7B THE HOUSE OF DELEGATES HAS THE FOLLOWING POWERS: 1) ADOPT THE GENERAL POLICIES OF THE ORGANIZATION, 2) ELECT THE BOARD OF DIRECTORS AND APPROVE THE PRESIDENT'S SALARY AND BOARD OF DIRECTOR COMPENSATION, 3) NOMINATE VOTING DELEGATES TO THE AMERICAN FARM BUREAU, AND 4) SELECT THE ORGANIZATION'S INTERNAL STUDY COMMITTEE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE OFFICERS OF THE ORGANIZATION REVIEW THE COMPLETED FORM 990 FIRST. TWO WEEKS BEFORE THE SEPTEMBER BOARD MEETING, AN ELECTRONIC VERSION OF THE 990 IS PLACED ON THE BOARD WEBSITE FOR BOARD REVIEW PRIOR TO THE BOARD MEETING. AFTER ALL COMMENTS OR QUESTIONS HAVE BEEN ADDRESSED, THE EXECUTIVE DIRECTOR WILL SIGN THE RETURN AND INSTRUCT THE ACCOUNTING DEPARTMENT TO TIMELY FILE THE RETURN, TAKING INTO ACCOUNT ALL EXTENSIONS AND FILING DEADLINES. FORM 990, PART VI, ITEM 1B- INDEPENDENCE PER FORM 990 INSTRUCTIONS, THE ORGANIZATION'S BOARD OF DIRECTORS IS NOT CONSIDERED INDEPENDENT BECAUSE THEY RECEIVE COMPENSATION IN EXCESS OF $10,000 EACH. THE ORGANIZATION'S POSITION IS THAT ITS DIRECTORS ARE INDEPENDENT DUE TO THE FOLLOWING: 1) ACCORDING TO ARTICLES OF INCORPORATION EACH DIRECTOR IS VOTED ON INDEPENDENTLY BY VOTING DELEGATES (WHO THEMSELVES) ARE VOTED INTO POSITION BY THE ORGANIZATION'S MEMBERSHIP FOR A THREE YEAR TERM, 2) ACCORDING TO ARTICLES OF INCORPORATION EACH DIRECTOR IS REQUIRED TO BE AN ACTIVE FARMER, 3) BOARD MEETINGS ARE HELD DURING THE DAYTIME HOURS TWO DAYS PER MONTH, AND 4)THE COMPENSATION IS PAID TO EACH DIRECTOR TO MINIMIZE THE FINANCIAL IMPACT OF HIRING HELP TO DO THE FARM WORK IN THEIR ABSENCE. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO SIGN A STATEMENT WHICH AFFIRMS THAT THEY HAVE: 1) RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, 2) READ AND UNDERSTOOD THE POLICY, 3) AGREED TO COMPLY WITH THE POLICY, AND 4) UNDERSTAND THAT THE ORGANIZATION IS TAX-EXEMPT AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ITS TAX-EXEMPT PURPOSE. A COMMITTEE, COMPRISED OF NON-CONFLICTED BOARD OF DIRECTORS, ANNUALLY RECEIVES ALL CONFLICT OF INTEREST INFORMATION, REVIEWS, AND DETERMINES IF THERE ARE CONFLICTS OF INTEREST. THE COMMITTEE THEN REPORTS ITS FINDINGS BACK TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 INDEPENDENT THIRD PARTY REVIEWS ARE CONDUCTED FOR ALL OFFICERS, KEY EMPLOYEES, AND OTHER HIGHLY COMPENSATED MANAGEMENT. THESE RESULTS ARE FORWARDED TO THE OFFICERS AND BOARD OF DIRECTORS FOR APPROVAL. STANDARDIZED REVIEWS AND COMPENSATION FORMULAS ARE UTILIZED FOR NON-MANAGEMENT POSITIONS. THE INTERNAL STUDY COMMITTEE (DESCRIBED IN COMMENT FOR PART VI, ITEM 7B) ABOVE) SETS THE PRESIDENT'S COMPENSATION AFTER INPUT FROM THIRD PARTY REVIEWERS. THE ORGANIZATION'S VOTING DELEGATES APPROVE THE PRESIDENT, VICE-PRESIDENT AND BOARD OF DIRECTOR'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION. PURSUANT TO STATE LAW, SOME DOCUMENTS MAY BE MADE AVAILABLE TO MEMBERS. FORM 990, PART VII, SECTION A - MARTY SCHWAGER'S COMPENSATION MARTY SCHWAGER WAS NAMED EXECUTIVE DIRECTOR/SECRETARY-TREASURER ON JUNE 1, 2021. COMPENSATION REFLECTS HIS TENURE AS DIRECTOR-FIELD SERVICE IN 2020. FORM 990, PART IX - LINE 8, PENSION PLAN CONTRIBUTIONS PENSION PLAN CONTRIBUTIONS INCLUDE THREE AMOUNTS: 1) DEFINED CONTRIBUTION PLAN CONTRIBUTIONS, 2) DEFINED BENEFIT PLAN FAS 87 AND FAS 132 ACCRUALS, AND 3) OTHER PENSION CHANGES AS REQUIRED BY FAS 158. THE LATTER TWO ITEMS ARE ACTUARIAL CALCULATIONS THAT DO NOT REQUIRE FUNDING AND SHOULD NOT BE DEEMED AS ACTUAL CONTRIBUTIONS. 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