Iowa Farm Business Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 420943984 ✦ Ames, IA ✦ Designated as a 501(c)(5)

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Overview

What is Iowa Farm Business Association?

The Iowa Farm Business Association, situated in Ames, Iowa, is a nonprofit organization with a focus on membership promotion and service development. Their primary activity revolves around offering training and development tools to local consultants, who in turn, advocate for improved record keeping and farm management skills, collaborating with Iowa State University. This association aims to strengthen the agricultural sector in the state by empowering local consultants with the necessary skills. With a modest workforce of three individuals, Iowa Farm Business Association contributes to the betterment of Iowa's farming community.

Is Iowa Farm Business Association legitimate?

Iowa Farm Business Association is a legitimate nonprofit organization registered as a 501(c)(5) entity. Iowa Farm Business Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $43,768
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Iowa Farm Business Association?

The Iowa Farm Business Association's mission is centered around providing training and development tools for local consultants. These consultants, in turn, promote effective record keeping and farm management skills. This initiative is carried out in collaboration with Iowa State University. The association's aim is to enhance the skills of these consultants, thereby benefiting the farming community as a whole. Their activities also include promoting membership and developing services.

Who is the CEO of Iowa Farm Business Association?

Unavailable

What is the revenue of Iowa Farm Business Association?

Iowa Farm Business Association's revenue in 2022 was $220,501.

Who are the executives of Iowa Farm Business Association and what are their salaries?

The average compensation at Iowa Farm Business Association during 2022 was $14,589. There are 3 employees at Iowa Farm Business Association.


Here are 19 key members and their salaries:


Kent Vickre (Executive Direc)
  • Compensation: $38,428
  • Related: $0
  • Other: $10
Jim Hawkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $922
Russ Richard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $549
David Lubben (Director)
  • Compensation: $0
  • Related: $0
  • Other: $536
David Swailes (Director, Vp)
  • Compensation: $0
  • Related: $0
  • Other: $519
Roger Kempers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $484
Steve Berger (Director, Pres.)
  • Compensation: $0
  • Related: $0
  • Other: $467
Bill Iwen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $454
Mike Schmidt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $393
Kent Ruppert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $382
Gregg Hora (Director)
  • Compensation: $0
  • Related: $0
  • Other: $209
Craig Becker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $134
Kenneth Bormann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $120
Tom Hollingshead (Director, (Alt))
  • Compensation: $0
  • Related: $0
  • Other: $107
Jeff Cook (Director, (Alt))
  • Compensation: $0
  • Related: $0
  • Other: $54
Mark Schmid (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Herbold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garth Gardemann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Larson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Iowa Farm Business Association?

Iowa Farm Business Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Iowa Farm Business Association

The Iowa Farm Business Association, as an organization, concentrates on providing training and development tools for local consultants. This mission is geared towards fostering the promotion of effective record-keeping and farm management skills. The association collaborates closely with Iowa State University in this endeavor. By doing so, they aim to enhance the proficiency of these consultants, enabling them to better assist farmers in managing their operations effectively. The ultimate goal is to improve the overall efficiency and profitability of farm businesses.

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Impact




October, 2024

The Iowa Farm Business Association (IFBA) significantly enhances agricultural productivity and profitability in the state by equipping local consultants with essential training and developmental tools. Through its collaboration with Iowa State University, IFBA fosters improved record-keeping and farm management skills among consultants, who in turn directly support farmers in optimizing their operations.

By promoting membership and developing services tailored for the agricultural community, IFBA helps ensure that farmers have access to the latest best practices and resources. This effort not only strengthens individual farming operations but also contributes to the overall health of Iowa’s agricultural economy. The emphasis on effective management and record-keeping plays a crucial role in enhancing food production and sustainability in the region.




This information is meant to be a general summary of Iowa Farm Business Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$220,501 (2022)
Expenses
$121,803 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $423
  • Program Service Revenue: $180,627
  • Gross Receipts: $220,501

Assets and Liabilities:

  • Total Assets: $650,784
  • Total Liabilities: $118
  • Net Assets: $650,666

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Misc Service Revune

Revenue

$180,627

Organization Details

Main Address

2515 University Blvd 107, Ames, IA, 50010

NTEE Category

Code: K03 - Food

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