2024-03-18T14:07:08-05:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STREET SUITE 1000 PEORIA IL 61602 990 2022-10-01 370396163 MADISON COUNTY FARM BUREAU MADI 6186565191 900 HILLSBORO AVENUE EDWARDSVILLE IL 62025 ERIC DEMANGE PRESIDENT 6186565191 2024-03-18 1 ERIC DEMANGE 999009999 1 ANDREW SMITH CPA P01518894 3096714500 2024-03-18 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ERIC DEMANGE 900 HILLSBORO AVENUE EDWARDSVILLE IL 62025 993717 0 X WWW.MADCOFB.ORG X 1921 IL TO IMPROVE THE ECONOMIC WELL-BEING OF AGRICULTURE AND ENRICH THE QUALITY OF FARM FAMILY LIFE. 19 19 6 60 125358 94080 126064 152542 134 0 -32655 73394 210177 262641 303720 488577 20000 20000 0 0 149021 82355 0 0 0 240723 217116 409744 319471 -106024 169106 2151621 2634750 793099 1035727 1358522 1599023 TO IMPROVE THE ECONOMIC WELL-BEING OF AGRICULTURE AND ENRICH THE QUALITY OF FARM FAMILY LIFE. 0 0 GENERAL MEMBERSHIP ACTIVITIES - TO PROVIDE ADMINISTRATIVE AND FACILITY SUPPORT SERVICES FOR APPROXIMATE MEMBERSHIP OF 11,581. INFORMATION PUBLICATION - TO PROVIDE A MONTHLY PUBLICATION WITH AGRICULTURAL RELATED INFORMATION TO THE MEMBERSHIP. CIRCULATION OF PUBLICATION IS TO THE MEMBERSHIP OF APPROXIMATELY 11,581. PLAT BOOK SALES - TO PROVIDE COUNTY PLAT BOOKS TO RESIDENTS OF THE COUNTY. PROMOTION AND SUPPORT AGRICULTURAL RELATED ACTIVITIES - ACTIVITIES AND PROMOTIONS ARE CONDUCTED PRIMARILY FOR THE GENERAL MEMBERSHIP WITH SPECIFIC ACTIVITY INTEREST. 0 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 6 1 1 1 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X PAIGE LAGENHORST MANAGER 6186565191 900 HILLSBORO AVENUE EDWARDSVILLE IL 62025 ERIC DEMANGE PRESIDENT 1.00 X X 0 0 0 HEATHER HENKHAUS VICE-PRESIDENT 1.00 X X 0 0 0 DENNIS HEEPKE SECRETARY 1.00 X X 0 0 0 NICK KOELLER TREASURER 1.00 X X 0 0 0 KENNY ENGELING DIRECTOR 1.00 X 0 0 0 BOB GVILLO DIRECTOR 1.00 X 0 0 0 BRIAN GROTEFENDT DIRECTOR 1.00 X 0 0 0 MARK HELMER DIRECTOR 1.00 X 0 0 0 ROSS HEMANN DIRECTOR 1.00 X 0 0 0 MELVIN PAUL DIRECTOR 1.00 X 0 0 0 TIM POLETTI DIRECTOR 1.00 X 0 0 0 BRAD DORSEY DIRECTOR 1.00 X 0 0 0 JOHN SCHOEN DIRECTOR 1.00 X 0 0 0 ROSS HEEPKE DIRECTOR 1.00 X 0 0 0 KENNETH WIESEMAN DIRECTOR 1.00 X 0 0 0 JASON BOHNENSTIEHL DIRECTOR 1.00 X 0 0 0 JOSH BOHNENSTIEHL DIRECTOR 1.00 X 0 0 0 JOHN SEDLACEK DIRECTOR 1.00 X 0 0 0 KEVIN RUTZ DIRECTOR 1.00 X 0 0 0 PAIGE LANGENHORST MANAGER 40.00 X 59021 0 0 59021 0 0 0 0 0 0 0 140220 12322 152542 26058 26058 237329 237329 105221 206010 -100789 -100789 -100789 345797 292206 6255 53591 -6255 47336 47336 907 669 238 238 INSURANCE SERVICE FEES 524298 124583 124583 COMMISSIONS 455000 775 775 MISC 900099 505 505 125863 488577 743 125358 209934 X 20000 52418 14483 9879 5575 17458 7618 684 4908 7442 38017 12250 4105 FEDERAL INCOME TAX 16752 ALLOCATED MANAGEMENT SE 36729 PRINTING & PUBLICATIONS 13671 AGRICULTURAL RELATED AC 9277 48205 319471 51562 97731 168732 11381 34978 84589 3052 2405 8478 13928 2489308 825224 1092504 1664084 193126 509097 599189 251535 2151621 2634750 75503 79026 717596 956701 793099 1035727 X 1358522 1599023 1358522 1599023 2151621 2634750 169106 71395 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 38513 38513 2323345 723961 1599384 58180 55925 2255 69270 45338 23932 1664084 PARTNERSHIP INVESTMENTS 267 C ANNUITIES 251268 F 251535 X 765982 71395 206010 277405 488577 0 488577 525481 206010 206010 319471 0 319471 PART X, LINE 2: U.S. GAAP REQUIRES ENTITIES TO ANALYZE THE LIKELIHOOD OF DISALLOWANCE OF TAX POSITIONS TAKEN IN RETURNS ALREADY FILED OR TO BE FILED IN CASE OF EXAMINATION BY TAXING AUTHORITIES. THIS EVALUATION OF TAX POSITIONS MAY RESULT IN THE RECOGNITION OF ADDITIONAL TAX LIABILITIES OR DERECOGNITION OF CERTAIN TAX ASSETS. IN CONSULTATION WITH THE FARM BUREAU'S TAX ADVISORS, MANAGEMENT HAS CONCLUDED THAT THE CUMULATIVE EFFECT, IF ANY, OF PAST AND CURRENT TAX POSITIONS TAKEN BY THE FARM BUREAU ARE IMMATERIAL TO THE FINANCIAL STATEMENTS AS OF THE DATE OF THIS REPORT. THEREFORE, NO LIABILITY HAS BEEN RECORDED. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 206,010. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 206,010. 0 MADISON COUNTY CAREE 900 HILLSBORO AVE EDWARDSVILLE IL 62025 371354245 501(C)(3) 20000 0 TO ASSIST THE CAREE ORGANIZATION IN FUNDING EDUCATIONAL PROGRAMS. 1 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO CLASSES OF MEMBERS, VOTING AND NON-VOTING WITH A TOTAL OF 11,581 MEMBERS FOR THE YEAR ENDING SEPTEMBER 30, 2023. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS HAVE THE AUTHORITY TO ELECT OR APPOINT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B VARIOUS GOVERNING DECISIONS OF THE ORGANIZATION ARE SUBJECT TO APPROVAL BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B RETURN WILL BE REVIEWED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ANNUALLY REVIEWS THE POLICY AND IS REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. IT IS THE DUTY OF EACH OFFICER AND DIRECTOR TO DISCLOSE TO THE BOARD OF DIRECTORS OF THE BUREAU ANY CONFLICTS OF INTEREST OF WHICH THEY ARE AWARE, INCLUDING CONFLICTS INVOLVING OTHER OFFICERS OR DIRECTORS SUBJECT TO THIS POLICY. SUCH DISCLOSURE IS TO BE MADE BEFORE THE BOARD DISCUSSES THE ISSUE, MATTER OR TRANSACTION TO WHICH THE POSSIBLE CONFLICT APPLIES. UPON SUCH DISCLOSURE, THE BOARD MAY TAKE SUCH FURTHER ACTION IT DEEMS APPROPRIATE OR AS REQUIRED BY LAW. SUCH ACTION COULD INCLUDE REQUIRING THE DIRECTOR OR OFFICER TO RECUSE HIMSELF OR HERSELF FROM DELIBERATIONS, VOTING, DECISION-MAKING OR OTHER PARTICIPATION WITH RESPECT TO THE MATTER. EACH OFFICER AND DIRECTOR MUST SIGN A COPY OF THE POLICY AND AGREE TO NOTIFY THE BOARD OF ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 MANAGER'S CONTRACT AND COMPENSATION ARE REVIEWED ANNUALLY BY THE OFFICERS OF THE BOARD,USING COMPARABILITY DATA. A RECOMMENDATION IS MADE AND VOTED ON BY THE ENTIRE BOARD. BOARD MEMBERS ARE COMPENSATED PER A MILEAGE AGREEMENT, WHICH IS PAID AT THE STANDARD IRS RATE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ON FILE AT THE OFFICE AND AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E REAL ESTATE TAXES 8,833. MISCELLANEOUS 8,754. STATE INCOME TAX 8,294. JANITOR SERVICE 7,453. REPAIRS & MAINT. 5,566. MEMBERSHIP ACQUISITION 5,354. DIRECTOR EXPENSES 3,951. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSEEING THE AUDIT AND SELECTING AN INDEPENDENT AUDITOR HAS NOT CHANGED FROM THE PRIOR YEAR.