2024-11-07T02:51:28-00:00 2023-12-31 421186197 GARDINERCOMPANY PC 10555 NEW YORK AVE DES MOINES IA 50322 990 2023-01-01 420681391 IOWA FARM BUREAU FEDERATION IOWA 5159553898 822 CENTRAL AVE STE 102 FORT DODGE IA 50501 Joe Hora Treasurer 5155702928 2024-10-31 true true MAX N STUDER CPA P01272566 5152701446 2024-11-07 2023 2024-10-15 13:58:12Z WEBSTER COUNTY FARM BUREAU Denis Heatherington 2348 Kansas Avenue Fort Dodge IA 50501 176642 false 0626 X X 1918 IA To create a vibrant future for agriculture, farm families their communities. 15 15 1 15 0 1001274 29855 73226 73226 44267 73561 22562 0 1141329 176642 13550 20307 4414 5479 23223 24569 0 0 84665 88120 125852 138475 1015477 38167 1679645 1714922 2096 3241 1677549 1711681 X To create a vibrant future for agriculture, farm families their communities. false false Public Policy Promoted the issue surfacing and issue prioritization process by getting members to participate through electronic surveys. Webster County Farm Bureau Board of Directors met with the Webster County Supervisors, County Engineer and Auditor to review the budget and lobby for additional funding for county rural roads and bridges. The county board of directors also lobbied our state and national level legislators several times throughout the year at a local town hall meeting and via teleconferences on such issues as property tax relief, water quality, infrastructure, and veterinary. The Webster County Farm Bureau also invited nearly 2000 members to attend the Webster County Annual Meeting at the Opry House in Fort Dodge. The members were then given the opportunity to elect the board of directors and review the audited financial reports. false false false true false false false false true true false true true true true true false false false false false false false false false false true false false false false false false false false false false false false false false false false true 1 0 true 1 true false false false false false false false false false false false false X 15 15 false false false false true true true true true false false false true true true true true true false false false IA X THE ORGANIZATION 5159553898 822 CENTRAL AVE STE 102 FORT DODGE IA 50501 DENIS HEATHERINGTON PRESIDENT 001.25 X X 0 0 428 GARY SCHWENDEMANN SECRETARY 001.25 X X 0 0 423 DAVE SEIL DIRECTOR 000.75 X 0 0 108 GABE HEUN DIRECTOR 000.75 X 0 0 83 SAM CONDON DIRECTOR 000.75 X 0 0 73 STEVE PETERSON DIRECTOR 000.75 X 0 0 68 AARON NEWELL DIRECTOR 000.75 X 0 0 48 SCOTT DANIELSON DIRECTOR 000.75 X 0 0 48 JOHN FREDRICKSON DIRECTOR 000.75 X 0 0 48 ANTON STANEK VICE PRESIDENT 001.25 X X 0 0 38 JOE HORA TREASURER 001.25 X X 0 0 38 JEREMY SWANSON VOTING DELEGATE 001.25 X X 0 0 38 KYLE MAAS DIRECTOR 000.75 X 0 0 38 LARRY ALLIGER DIRECTOR 000.75 X 0 0 38 AUSTIN NERHUS DIRECTOR 000.75 X 0 0 38 1555 false false false 1350 28505 29855 MEMBERSHIP DUES 900099 73226 73226 73226 73561 73561 176642 73226 73561 18307 2000 0 5479 1555 0 20593 0 758 1663 1927 0 1350 0 0 0 4650 4653 0 0 8400 0 0 13986 0 42394 392 1091 SPOKESMAN, DUES SUBSCRIPTIONS 4066 AG COMMUNITY PROMOTION 2500 MEMBERSHIP ACQUISITION 2694 MISCELLANEOUS 17 0 138475 50 50 14737 5477 1349 1463 3902 2139 2155 1763 127803 156415 995176 995176 538375 554578 1679645 1714922 2096 3241 2096 3241 X 682373 716505 995176 995176 1677549 1711681 1679645 1714922 X 38167 21055 -25090 X false true X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true false false III-A 1 90 of membership dues came from persons, families or entities who paid dues of 132 or less in 2023. false 1007598 49690 24600 1032688 995176 12422 1007598 1.00000 false false 3902 2139 1763 1763 Financial derivatives and other financial products Closely-held equity interests CFBRDT, LLC Endowment Investment 995176 C 995176 FBL Deferred Annuity Investment 554578 554578 Federal income taxes X 172607 21055 21055 151552 25090 25090 176642 138475 138475 138475 V 4 The Board designated funds are invested in a diversified portfolio that will provide a source of investment income to support the Organizations programs on a long-term basis. X 2 FOOTNOTES IN FINANCIAL STATEMENTS Summary of Significant Accounting Policies In accordance with the Income Taxes Topic of FASB ASC, the Company evaluates uncertain tax benefits arising from tax positions taken or expected to be taken based on the likelihood of being sustained upon examination by applicable tax authorities. If the Company determines that a tax position is more likely than not of being sustained, it recognizes the largest amount of the arising benefit that is greater than 50 of being realized upon settlement in the financial statements. Any tax positions taken or expected to be taken that do not pass the more likely than not test, the Company establishes reserves offsetting the benefits related to such positions. Interest and penalties if any, are included in the current provision for income taxes in the Companys statements of activities and are included as a current liability in the statement of financial position. Income Tax Footnote The Company has evaluated its tax positions and has concluded that the organization had taken no uncertain tax positions that require adjustment to the financial statements nor was there any unrelated business income for the year ending December 31, 2023. XI 4b Difference between K-1 endowment investment income reported on 990 for CFBRDT, LLC investment carried on the books at cost basis per GAAP. true Webster County Fair Board 22770 Old Hwy 169 Fort Dodge IA 50501 822352385 501c3 10000 New Indoor Show Arena 1 Part I Line 2 Borad receives updates from donee organization. Form 990, Part III, Line 4d The Company has various programs that are aimed at providing information to members on current agricultural issues through newsletters, meetings, etc. 1,937 members were benefitted in this manner during 2023. 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. Form 990, Part VI, Section A, Line 7a The organizations members elect the Board of Directors. In order to hold an officer position within Farm Bureau, the member must be actively engaged in farming, which must be his/her primary interest. Form 990, Part VI, Section A, Line 7b Decisions of the governing body subject to approval by members include setting annual membership dues and nominating voting delegates to the Iowa Farm Bureau Federation. Form 990, Part VI, Section B, Line 11b After the organizations CPA firm prepares the documentation/return, management reviews the documents and presents the return to all members of the governing body. Following final approval, the return is signed by an officer and submitted to the IRS. Form 990, Part VI, Section B, Line 12c On an annual basis, the organization requires the governing body and key employees to sign a conflict of interest policy certification stating that they have received, read and agree to comply with the provisions set forth in the organizations conflicts of interest policy. Form 990, Part VI, Section C, Line 19 The organization does not make its governing documents, conflicts 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 XI, Line 9 K-1 Investment income difference for cost basis investment CFBRDT, LLC Endowment Investment