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Nonprofit · EIN 46-0132880

FARMERS EDUCATIONAL & COOPERATIVE UNION OF AMERICA

Also known as SD FARMERS UNION

Tax-exempt · HURON, SD 57350

Financials

$2.9M$2.7M2023$4.5M$2.9M2024
Revenue Expenses · by fiscal year end
Financials of FARMERS EDUCATIONAL & COOPERATIVE UNION OF AMERICA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,465,181$2,854,800$1,610,381$48,767,305$1,925,648$46,841,657
December 31, 2023990$2,931,994$2,721,623$210,371$45,173,162$3,063,622$42,109,540
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$502,403
of which government grants
$221,500
Membership dues
$20,903
Program service revenue
$157,893
Investment income
$3,531,643
Net rental income
-$38,903
Net gain from sales of assets
$26,264
Other revenue
$273,242

Expenses

Grants and similar amounts paid
$268,675
Compensation of officers, directors and key employees
$316,797
Other salaries and wages
$390,100
Salaries, compensation and benefits (total)
$1,045,276
Professional fundraising fees
$0
Legal fees
$5,230
Accounting fees
$75,875
Occupancy
$77,517
Travel
$139,989
Depreciation
$138,323

Balance sheet and other

Total assets, start of year
$45,173,162
Total assets, end of year
$48,767,305
Total liabilities, end of year
$1,925,648
Net assets, end of year
$46,841,657
Land, buildings and equipment
$1,606,614
Publicly traded securities
$593,772
Net assets without donor restrictions
$46,841,657
Gross unrelated business income
$258,308
Gross receipts
$4,850,844
Employees
14
Year formed
1915
State of legal domicile
SD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DOUG SOMBKEPRESIDENT
Trustee or director, Officer
39$204,780$42,204$4,242
KARLA HOFHENKESECRETARY/TR
Trustee or director, Officer
39$112,017$21,102$31,897
DAVID REISDIRECTOR
Trustee or director
3.1$6,750$0$0
GAIL TEMPLEDIRECTOR
Trustee or director
3.1$6,750$0$0
CHAD JOHNSONDIRECTOR
Trustee or director
3.1$5,550$0$0
OREN LESMEISTERDIRECTOR
Trustee or director
3.1$5,250$0$0
SCOTT KOLOUSEKDIRECTOR
Trustee or director
3.1$3,975$0$0
DALLIS BASELDIRECTOR
Trustee or director
3.1$3,900$0$0
JEFF KIPPLEYDIRECTOR
Trustee or director
3.1$3,750$0$0
LARRY BIRGENDIRECTOR
Trustee or director
3.1$3,150$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
DOUG SOMBKEPRESIDENT
Trustee or director, Officer
40$186,640
KARLA HOFHENKESECRETARY/TR
Trustee or director, Officer
–$104,277
DALLIS BASELDIRECTOR
Trustee or director
–$0
LARRY BIRGENDIRECTOR
Trustee or director
–$0
CHAD JOHNSONDIRECTOR
Trustee or director
–$0
SCOTT KOLOUSEKDIRECTOR
Trustee or director
–$0
OREN LESMEISTERDIRECTOR
Trustee or director
–$0
MIKE MILLERDIRECTOR
Trustee or director
–$0
DAVID REISDIRECTOR
Trustee or director
–$0
WAYNE SORENVICE PRESIDE
Trustee or director, Officer
–$0
GAIL TEMPLEDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
1410 DAKOTA AVE S, HURON, SD 57350-3661
In care of
% KARLA HOFHENKE
Principal officer (990 for 2024)
DOUG SOMBKE, 1410 DAKOTA AVENUE S, HURON, SD 57350
Signed the 990
KARLA HOFHENKE, SECRETARY/TREASURER
Phone
(605) 352-6761
Return prepared by
CARLSONSV LLP

Mission

OUR MISSION IS TO SUPPORT PROGRAMS AND ADVANCE EFFORTS THAT FURTHER ECONOMIC PROSPERITY AND CULTURAL VITALITY IN RURAL SOUTH DAKOTA.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDED EDUCATIONAL PROGRAMS AND INFORMATION TO THE YOUTH OF SOUTH DAKOTA. THE FOUNDATION HOSTED 30 YOUTH CAMPS ACROSS THE STATE WITH APPROXIMATELY 600 YOUTH ATTENDING; SPONSORED A SAFETY QUIZ BOWL FOR 80+ HIGH SCHOOLERS DURING THE STATE'S FFA CONVENTION; AND GRANTED FIVE 500 SCHOLARSHIPS TO AREA YOUTH.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-0132880
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
1967
Accounting year ends
December
Files
Form 990 or 990-EZ
Group exemption
1840 (1 member organizations)
Assets (IRS master file)
$48,767,305
Income (IRS master file)
$4,850,844

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,465,181$2,854,800$48,767,305XML
990December 2023$2,931,994$2,721,623$45,173,162XML
990December 2022$2,683,652$2,543,988$38,274,413IRS
990December 2021$2,255,510$1,868,434$35,004,659IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-0132880).

Questions about FARMERS EDUCATIONAL & COOPERATIVE UNION OF AMERICA

What is the EIN of FARMERS EDUCATIONAL & COOPERATIVE UNION OF AMERICA?
The employer identification number (EIN) of FARMERS EDUCATIONAL & COOPERATIVE UNION OF AMERICA is 46-0132880.
Is FARMERS EDUCATIONAL & COOPERATIVE UNION OF AMERICA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1967.
Are donations to FARMERS EDUCATIONAL & COOPERATIVE UNION OF AMERICA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FARMERS EDUCATIONAL & COOPERATIVE UNION OF AMERICA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FARMERS EDUCATIONAL & COOPERATIVE UNION OF AMERICA due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FARMERS EDUCATIONAL & COOPERATIVE UNION OF AMERICA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FARMERS EDUCATIONAL & COOPERATIVE UNION OF AMERICA?
The 990 for the year ended December 31, 2024 names DOUG SOMBKE.
Who are the officers and directors of FARMERS EDUCATIONAL & COOPERATIVE UNION OF AMERICA?
The 990 for the year ended December 31, 2024 lists 10 people; 10 received compensation from the organization, the highest $204,780 (DOUG SOMBKE, PRESIDENT).
How much revenue does FARMERS EDUCATIONAL & COOPERATIVE UNION OF AMERICA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,465,181, expenses of $2,854,800 and total assets of $48,767,305 at year end.

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