Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ.
MediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2017
Open to Public Inspection
Name of the organization
IOWA FARM BUREAU FEDERATION
 
Employer identification number

42-0331840
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e)Original principal amount (f)Balance due (g) In default? (h) Approved by board or committee? (i)Written agreement?
To From Yes No Yes No Yes No
Total ...............Small Bullet $  
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2017
Page 2
Schedule L (Form 990 or 990-EZ) 2017
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) FARM BUREAU FINANCIAL SERVICES
 
COMMON DIRECTORS 339,000 SHARED EXPENSES THE ORGANIZATION RECEIVES PAYMENTS FROM FARM BUREAU FINANCIAL SERVICES (FBFS) AS A RESULT OF SHARED BOARD OF DIRECTOR EXPENSES. THE FOLLOWING INDIVIDUALS WERE ALSO OFFICERS OR DIRECTORS OF FBFS: CRAIG HILL, PRESIDENT; DUANE JOHNSON, SECRETARY/TREASURER AND EXECUTIVE DIRECTOR; JOE HEINRICH, VICE PRESIDENT;MARK BUSKOHL, DISTRICT 5 DIRECTOR; CARLTON KJOS, DISTRICT 1 DIRECTOR; NICK PODHAJSKY, DISTRICT 6 DIRECTOR; CAL ROZENBOOM, DISTRICT 8 DIRECTOR; AND PHIL SUNBLAD, DISTRICT 3 DIRECTOR.   No
(2) FARM BUREAU MANAGEMENT CORP
 
COMMON OFFICERS 6,625,826 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; DUANE JOHNSON, 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.   No
(3) FBL FINANCIAL GROUP INC
 
COMMON OFFICERS & DIRECTORS 282,661 ADMINISTRATIVE SERVICES - THE ORGANIZATION MAKES PAYMENTS TO FBL FINANCIAL GROUP, INC. (FBL) FOR ADMINISTRATIVE SERVICES. THE FOLLOWING INDIVIDUALS WERE ALSO OFFICERS OR DIRECTORS OF FBL: CRAIG HILL, PRESIDENT; JOE HEINRICH, VICE PRESIDENT; AND DUANE JOHNSON, SECRETARY/TREASURER AND EXECUTIVE DIRECTOR.   No
(4) IFBF PROPERTY MANAGEMENT INC
 
COMMON OFFICERS 773,318 RENT - THE ORGANIZATION PAYS RENT TO IFBF PROPERTY MANAGEMENT, INC. THE FOLLOWING INDIVIDUALS WERE ALSO OFFICERS OF IFBF PROPERTY MANAGEMENT, INC.: CRAIG HILL, PRESIDENT; DUANE JOHNSON, SECRETARY/TREASURER AND EXECUTIVE DIRECTOR; ED PARKER, GENERAL COUNSEL; AND JIM GARDNER, CHIEF FINANCIAL OFFICER.   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Schedule L (Form 990 or 990-EZ) 2017


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