Schedule L
(Form 990)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
right arrow 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.
right arrow Attach to Form 990 or Form 990-EZ.
right arrowGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
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 section 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 the organization managers or disqualified persons during the year under section 4958. ........................... right arrow$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ right arrow$
 

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 ...............right arrow $  
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) 2022
Page 2
Schedule L (Form 990) 2022
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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 MANAGEMENT CORP
  		COMMON OFFICERS 7,713,708 ADMINISTRATIVE SERVICES - THE ORGANIZATION MAKES PAYMENTS TO FARM BUREAU MANAGEMENT CORPORATION (FBMC) FOR MANAGEMENT AND ADMINISTRATIVE SERVICES. THE FOLLOWING INDIVIDUALS WERE ALSO OFFICERS, DIRECTORS, OR KEY EMPLOYEES OF FBMC: BRENT JOHNSON, PRESIDENT; MARTY SCHWAGER, SECRETARY/TREASURER AND EXECUTIVE DIRECTOR; MARK WICKHAM, GENERAL COUNSEL; JIM GARDNER, CHIEF FINANCIAL OFFICER; CHAD BISHOP, DIRECTOR, INFORMATION RESOURCES; RYAN STEINFELDT, DIRECTOR, FIELD SERVICE; AND SARA PAYNE, CHIEF MARKETING OFFICER.   No
(2) FBL FINANCIAL GROUP INC
  		COMMON OFFICERS & DIRECTORS 319,323 ADMINISTRATIVE SERVICES - THE ORGANIZATION RECEIVES PAYMENTS FROM FBL FINANCIAL GROUP, INC. (FBL) AS A RESULT OF SHARED BOARD OF DIRECTORS EXPENSES. THE FOLLOWING INDIVIDUALS WERE ALSO OFFICERS OR DIRECTORS OF FBL: BRENT JOHNSON, PRESIDENT; BRIAN FELDPAUSCH, VICE PRESIDENT; MARK WICKHAM, GENERAL COUNSEL; AND MARTY SCHWAGER, SECRETARY/TREASURER AND EXECUTIVE DIRECTOR. THE ORGANIZATION ALSO MAKES PAYMENTS TO FBL FOR ADMINISTRATIVE SERVICES.   No
(3) IFBF PROPERTY MANAGEMENT INC
  		COMMON OFFICERS 998,544 RENT - THE ORGANIZATION PAYS RENT TO IFBF PROPERTY MANAGEMENT, INC. THE FOLLOWING INDIVIDUALS WERE ALSO OFFICERS OF IFBF PROPERTY MANAGEMENT, INC.: BRENT JOHNSON, PRESIDENT; MARTY SCHWAGER, SECRETARY/TREASURER AND EXECUTIVE DIRECTOR; MARK WICKHAM, GENERAL COUNSEL; AND JIM GARDNER, CHIEF FINANCIAL OFFICER.   No
(4) FARM BUREAU HEALTH BENEFIT PLAN LLC
  		COMMON OFFICERS 627,836 ROYALTY AGREEMENT - THE ORGANIZATION RECEIVES PAYMENTS FROM FARM BUREAU HEALTH BENEFIT PLAN (FBHBP) AS A RESULT OF A ROYALTY AGREEMENT WITH FBHBP. THE FOLLOWING INDIVIDUALS WERE ALSO OFFICERS OF FBHBP: BRENT JOHNSON, PRESIDENT; MARTY SCHWAGER, SECRETARY/TREASURER AND EXECUTIVE DIRECTOR; AND MARK WICKHAM, GENERAL COUNSEL.   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Schedule L (Form 990) 2022


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