Farmers Educational & Cooperative Union Of America

Sd Farmers Union

Huron, SD
Tax-exempt since Feb. 1967
EIN: 46-0132880

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(5) Labor, agricultural and horticultural organizations that are educational or instructive, including unions, created for the purpose of improving conditions of work, and products of efficiency.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$2.93M (2023)

Expenses

$2.72M (2023)

Total Assets

$45.2M (2023)

Total Liabilities

$3.06M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$2,931,994

Expenses

$2,721,623

Net Income

$210,371

Net Assets

$42,109,540

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$32,575	1.1%
Program Services	$330,162	11.3%
Investment Income	$2,283,007	77.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$48,000	1.6%
Net Fundraising	$0
Sales of Assets	$1,198	0.0%
Net Inventory Sales	$0
Other Revenue	$237,052	8.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$290,917	10.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$341,533	12.5%

Assets/Debt
Total Assets	$45,173,162
Total Liabilities	$3,063,622
Net Assets	$42,109,540

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Doug Sombke (President)	$186,640	$0	$0
Karla Hofhenke (Secretary/Tr)	$104,277	$0	$0
Dallis Basel (Director)	$0	$0	$0
Larry Birgen (Director)	$0	$0	$0
Chad Johnson (Director)	$0	$0	$0
Scott Kolousek (Director)	$0	$0	$0
Oren Lesmeister (Director)	$0	$0	$0
Mike Miller (Director)	$0	$0	$0
David Reis (Director)	$0	$0	$0
Wayne Soren (Vice Preside)	$0	$0	$0
Gail Temple (Director)	$0	$0	$0

+ View more people

990

Filed on Sept. 13, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$2,683,652

Expenses

$2,543,988

Net Income

$139,664

Net Assets

$35,211,743

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$14,911	0.6%
Program Services	$226,179	8.4%
Investment Income	$2,185,376	81.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$36,474
Net Fundraising	$0
Sales of Assets	$15,975	0.6%
Net Inventory Sales	$0
Other Revenue	$277,685	10.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$321,280	12.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$286,578	11.3%

Assets/Debt
Total Assets	$38,274,413
Total Liabilities	$3,062,670
Net Assets	$35,211,743

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Doug Sombke (President)	$193,850	$0	$36,753
Karla Hofhenke (Secretary/Tr)	$108,430	$0	$0
Wayne Soren (Vice Preside)	$2,800	$0	$0
Scott Kolousek (Director)	$2,700	$0	$0
David Reis (Director)	$2,700	$0	$0
Chad Johnson (Director)	$2,500	$0	$0
Gail Temple (Director)	$2,300	$0	$0
Dallis Basel (Director)	$2,100	$0	$0
Oren Lesmeister (Director)	$2,000	$0	$0
Mike Miller (Director)	$1,900	$0	$0
Larry Birgen (Director)	$0	$0	$0

+ View more people

990

Filed on Aug. 30, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2021

Revenue

$2,255,510

Expenses

$1,868,434

Net Income

$387,076

Net Assets

$31,905,897

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$22,451	1.0%
Program Services	$195,812	8.7%
Investment Income	$1,674,642	74.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$34,772
Net Fundraising	$0
Sales of Assets	$6,500	0.3%
Net Inventory Sales	$0
Other Revenue	$390,877	17.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$538,549	28.8%

Assets/Debt
Total Assets	$35,004,659
Total Liabilities	$3,098,762
Net Assets	$31,905,897

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Doug Sombke (President)	$154,610	$0	$2,319
Karla Hofhenke (Secretary/Tr)	$87,844	$0	$26,468
Oren Lesmeister (Director)	$2,300	$0	$0
Dallis Basel (Director)	$1,900	$0	$0
Chad Johnson (Director)	$1,900	$0	$0
Scott Kolousek (Director)	$1,900	$0	$0
David Reis (Director)	$1,900	$0	$0
Wayne Soren (Vice Preside)	$1,900	$0	$0
Gail Temple (Director)	$1,900	$0	$0
Mike Miller (Director)	$1,300	$0	$0

+ View more people

990

Filed on Aug. 2, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$2,235,473

Expenses

$1,594,064

Net Income

$641,409

Net Assets

$25,471,324

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$31,973	1.4%
Program Services	$166,577	7.5%
Investment Income	$1,732,860	77.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$13,973
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$318,036	14.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$215,334	13.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$310,898	19.5%

Assets/Debt
Total Assets	$30,215,188
Total Liabilities	$4,743,864
Net Assets	$25,471,324

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Doug Sombke (President)	$134,515	$0	$2,018
Karla Hofhenke (Secretary/Tr)	$80,819	$0	$23,409
Wayne Soren (Vice Preside)	$1,800	$0	$0
Dallis Basel (Director)	$1,400	$0	$0
Scott Kolousek (Director)	$1,400	$0	$0
Mike Miller (Director)	$1,400	$0	$0
David Reis (Director)	$1,400	$0	$0
Gail Temple (Director)	$1,400	$0	$0
Oren Lesmeister (Director)	$1,200	$0	$0
Chad Johnson (Director)	$800	$0	$0

+ View more people

990

Filed on July 13, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$1,726,961

Expenses

$1,820,313

Net Income

-$93,352

Net Assets

$23,473,106

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$41,971	2.4%
Program Services	$264,656	15.3%
Investment Income	$1,238,152	71.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$37,819
Net Fundraising	$0
Sales of Assets	$1,070	0.1%
Net Inventory Sales	$0
Other Revenue	$218,931	12.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$199,200	10.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$383,790	21.1%

Assets/Debt
Total Assets	$27,737,106
Total Liabilities	$4,264,000
Net Assets	$23,473,106

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Doug Sombke (President)	$125,540	$0	$1,858
Karla Hofhenke (Secretary/Tr)	$73,660	$0	$22,574
Dallis Basel (Director)	$0	$0	$0
Chad Johnson (Director)	$0	$0	$0
Scott Kolousek (Director)	$0	$0	$0
Oren Lesmeister (Director)	$0	$0	$0
Mike Miller (Director)	$0	$0	$0
David Reis (Director)	$0	$0	$0
Wayne Soren (Vice Preside)	$0	$0	$0
Gail Temple (Director)	$0	$0	$0

+ View more people

990

Filed on Sept. 25, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$1,549,356

Expenses

$1,699,973

Net Income

-$150,617

Net Assets

$17,320,140

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$32,684	2.1%
Program Services	$155,826	10.1%
Investment Income	$1,244,188	80.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$39,124
Net Fundraising	$0
Sales of Assets	-$44,125
Net Inventory Sales	$0
Other Revenue	$199,907	12.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$170,475	10.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$395,998	23.3%

Assets/Debt
Total Assets	$21,500,234
Total Liabilities	$4,180,094
Net Assets	$17,320,140

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Doug Sombke (President)	$96,710	$0	$6,517
Karla Hofhenke (Secretary/Tr)	$73,765	$0	$21,072
Dallis Basel (Director)	$0	$0	$0
Lynn Frey (Director)	$0	$0	$0
Chad Johnson (Director)	$0	$0	$0
Joel Keierleber (Director)	$0	$0	$0
Terry Sestak (Director)	$0	$0	$0
Lisa Snedeker (Director)	$0	$0	$0
Wayne Soren (Vice Preside)	$0	$0	$0
Gail Temple (Director)	$0	$0	$0

+ View more people

990

Filed on Nov. 12, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$1,585,981

Expenses

$1,581,183

Net Income

$4,798

Net Assets

$15,464,260

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$40,074	2.5%
Program Services	$196,587	12.4%
Investment Income	$1,206,354	76.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$50,875
Net Fundraising	$0
Sales of Assets	$5,057	0.3%
Net Inventory Sales	$0
Other Revenue	$188,784	11.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$162,589	10.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$321,477	20.3%

Assets/Debt
Total Assets	$19,374,805
Total Liabilities	$3,910,545
Net Assets	$15,464,260

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Doug Sombke (President)	$93,161	$0	$9,185
Karla Hofhenke (Secretary/Tr)	$69,428	$0	$24,521
Dallis Basel (Director)	$0	$0	$0
Lynn Frey (Director)	$0	$0	$0
Chad Johnson (Director)	$0	$0	$0
Joel Keierleber (Director)	$0	$0	$0
Terry Sestak (Director)	$0	$0	$0
Wayne Soren (Vice Preside)	$0	$0	$0
Gail Temple (Director)	$0	$0	$0
James Wahle (Director)	$0	$0	$0

+ View more people

990

Filed on Oct. 3, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending Dec.
2016

Revenue

$1,687,054

Expenses

$1,794,622

Net Income

-$107,568

Net Assets

$12,946,016

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$54,237	3.2%
Program Services	$253,630	15.0%
Investment Income	$1,241,291	73.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$49,191
Net Fundraising	$0
Sales of Assets	$5,344	0.3%
Net Inventory Sales	$0
Other Revenue	$181,743	10.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$194,162	10.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$302,268	16.8%

Assets/Debt
Total Assets	$17,057,016
Total Liabilities	$4,111,000
Net Assets	$12,946,016

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Doug Sombke (President)	$93,590	$0	$12,077
Karla Hofhenke (Secretary/Tr)	$68,813	$0	$54,625
Dallis Basel (Director)	$0	$0	$0
Lynn Frey (Director)	$0	$0	$0
Chad Johnson (Director)	$0	$0	$0
Joel Keierleber (Director)	$0	$0	$0
Terry Sestak (Director)	$0	$0	$0
Wayne Soren (Vice Preside)	$0	$0	$0
Gail Temple (Director)	$0	$0	$0
James Wahle (Director)	$0	$0	$0

+ View more people

990

Filed on Oct. 3, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$612,373

Expenses

$1,806,576

Net Income

-$1,194,203

Net Assets

$13,517,211

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$128,401	21.0%
Program Services	$261,975	42.8%
Investment Income	$30,101	4.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$36,000	5.9%
Net Fundraising	$0
Sales of Assets	$4,500	0.7%
Net Inventory Sales	$0
Other Revenue	$151,396	24.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$495,903	27.4%

Assets/Debt
Total Assets	$15,508,012
Total Liabilities	$1,990,801
Net Assets	$13,517,211

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Doug Sombke (President)	$85,908	$0	$0
Karla Hofhenke (Secretary)	$75,060	$0	$0
Wayne Soren (Vice President)	$0	$0	$0
Dallas Basel (Director)	$0	$0	$0
Joel Keierleber (Director)	$0	$0	$0
Lynn Frey (Director)	$0	$0	$0
Terry Sestak (Director)	$0	$0	$0
Franklin Olson (Director)	$0	$0	$0
Chad Johnson (Director)	$0	$0	$0
James Wahle (Director)	$0	$0	$0

+ View more people

990

Filed on Aug. 19, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$693,107

Expenses

$1,551,310

Net Income

-$858,203

Net Assets

$12,296,260

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$173,590	25.0%
Program Services	$230,648	33.3%
Investment Income	$14,667	2.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$36,000	5.2%
Net Fundraising	$0
Sales of Assets	$350	0.1%
Net Inventory Sales	$0
Other Revenue	$237,852	34.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$153,788	9.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$282,754	18.2%

Assets/Debt
Total Assets	$14,289,118
Total Liabilities	$1,992,858
Net Assets	$12,296,260

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$564,443

Expenses

$1,494,622

Net Income

-$930,179

Net Assets

$10,383,773

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$126,466	22.4%
Program Services	$222,429	39.4%
Investment Income	$599	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$34,035	6.0%
Net Fundraising	$0
Sales of Assets	-$75,578
Net Inventory Sales	$0
Other Revenue	$256,492	45.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$153,849	10.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$290,597	19.4%

Assets/Debt
Total Assets	$12,400,603
Total Liabilities	$2,016,830
Net Assets	$10,383,773

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$652,898

Expenses

$1,279,813

Net Income

-$626,915

Net Assets

$9,499,291

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$96,593	14.8%
Program Services	$290,287	44.5%
Investment Income	$342	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$12,414	1.9%
Net Fundraising	$0
Sales of Assets	$5,000	0.8%
Net Inventory Sales	$0
Other Revenue	$248,262	38.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$146,496	11.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$286,359	22.4%

Assets/Debt
Total Assets	$9,832,026
Total Liabilities	$332,735
Net Assets	$9,499,291

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$553,164

Expenses

$1,210,192

Net Income

-$657,028

Net Assets

$8,104,692

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$89,355	16.2%
Program Services	$237,700	43.0%
Investment Income	$236	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$12,414	2.2%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$213,459	38.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$137,423	11.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$267,969	22.1%

Assets/Debt
Total Assets	$8,787,661
Total Liabilities	$682,969
Net Assets	$8,104,692

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Farmers Educational & Cooperative Union Of America

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $2.93M (2023)

Expenses $2.72M (2023)

Total Assets $45.2M (2023)

Total Liabilities $3.06M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Revenue

$2.93M (2023)

Expenses

$2.72M (2023)

Total Assets

$45.2M (2023)

Total Liabilities

$3.06M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004