Monroe County Farm Bureau

Not tax-deductible

Waterloo, IL501(c)(5)Since 1924EIN 37-0664116Revenue $218K in FY2025

On file with the IRS513 Park St, 62298-1360 · Waterloo, ILTax-exempt since Feb 1925

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Enhance the quality of life for member families and promote the understanding of agriculture in our community while protecting our environment.

Run by 100 volunteers and 5 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $14K a year · 7% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$54K
to officers and key staff · 24% of spending
Worth a look: pay to officers and key staff is 24% of spending; over 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$146K
15% of total assets
Looks good: liabilities are 15% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$218K
-3% vs prior year
Spent
$221K
To programs
0%
Net assets
$833K
By yearFY2020–FY2025
Revenue
$218K
FY2025▼ -3%
Tap a bar for its year
Revenue by fiscal year
FY2020$193K
FY2021$202K
FY2022$212K
FY2023$220K
FY2024$225K
FY2025$218K
Expenses
$221K
FY2025▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$191K
FY2021$195K
FY2022$189K
FY2023$188K
FY2024$203K
FY2025$221K
Net assets
$833K
FY2025▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$717K
FY2021$743K
FY2022$732K
FY2023$777K
FY2024$812K
FY2025$833K

From the FY2025 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1925.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

11 people listed on the 990; $54K paid to officers and key staff.

Part VII, Section A · reportable compensation
$51,708Pt VII · Sec A
$315Pt VII · Sec A
$250Pt VII · Sec A
$225Pt VII · Sec A
$225Pt VII · Sec A
Vice-President
$225Pt VII · Sec A
Director
$175Pt VII · Sec A
$175Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Erin Dierkes$51,708$46,288$40,366$12,965
Todd Papenberg$315$295$175—
Bruce Brinkman—$105$315—
Chad Dillenberger$250$175——
Tyler Henry$225$200$175—
Virginia Rusteberg$225$200$200—
George Obernagel$225$225$200—
Leanna Stechmesser$75$175$175—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Monroe County Farm Bureau executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Improves family life, educates the community about agriculture, and protects the environment.

Questions for Monroe County Farm Bureau

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Provided by the organization

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3 programs · in their own filed words · FY2025
01

Promotion and support of agricultural related activities conducted for the general membership with specific activity interest.

Pt IX · col B
02

General Membership Activities

To provide administrative and facility support services for approximate membership of 3,007

Pt IX · col B
03

Information Publication

To provide a bi-monthly publication with agricultural related information to the membership.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$15K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$218K
Ln 12
Other incomeLn 4–11$127K
Fees for servicesLn 2g$47K
Investment incomeLn 3$28K
Money outPt IX
$221K
Ln 25
Owns and owesPt X
$833K
net assets · Ln 32
Cash and savingsLn 1–2$84K
Total assetsLn 16$979K
LiabilitiesLn 26$146K
PeoplePt VI, VII
11
listed · VII A
PaidVII A11
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$17K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$47K
Investment incomeLn 3$28K
Other incomeLn 4–11$127K
Gains on assetsLn 7$0
Total revenueLn 12$218K
Assets in detailPt X, end of year
CashLn 1$13K
SavingsLn 2$71K
Cash and savings togetherLn 1–2$84K
InvestmentsLn 11–13$599K
Land, buildings, equipmentLn 10c$269K
Other assetsLn 15$0
Total assetsLn 16$979K
LiabilitiesLn 26$146K
Net assetsLn 32$833K
OperationsPt I, VI
EmployeesI 55
VolunteersI 6100
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$108K$84K
InvestmentsLn 11–13$473K$599K
Land, buildings, equipmentLn 10c$256K$269K
Total assetsLn 16$858K$979K
LiabilitiesLn 26$47K$146K
Net assetsLn 32$812K$833K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$54K$0$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$7K$0$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$8K$0$0$0
Payroll taxesLn 10$5K$0$0$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$13K$0$0$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$7K$0$0$0
Office expensesLn 13$5K$0$0$0
Information technologyLn 14$4K$0$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$4K$0$0$0
TravelLn 17$2K$0$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$16K$0$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$7K$0$0$0
InsuranceLn 23$5K$0$0$0
Other expenses (24a–d)Ln 24$85K$0$0$0
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$221K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $218K$221K−$3K$833K 990 PDF
FY2024 $225K$203K$23K$812K 990 PDF
FY2023 $220K$188K$32K$777K 990 PDF
FY2022 $212K$189K$23K$732K 990 PDF
FY2021 $202K$195K$7K$743K 990 PDF
FY2020 $193K$191K$2K$717K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $218,347 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $25,064$16,834
I-9 Program service revenuePrior year $61,156$46,714
I-10 Investment incomePrior year $24,711$28,294
I-11 Other revenuePrior year $114,402$126,505
I-12 Total revenuePrior year $225,333$218,347
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $73,127$73,365
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $129,636$147,834
I-18 Total expensesPrior year $202,763$221,199
I-19 Revenue less expensesPrior year $22,570−$2,852
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $218,347 across 16 lines filed
Lines not itemized here account for $186 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$16,834
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$16,834
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $0 · Unrelated business $0 · Excluded from tax $0$46,714
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$28,294
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$82,976
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0−$770
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $0 · Unrelated business $0 · Excluded from tax $0$44,113
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$218,347
Part IX · Statement of functional expenses $221,199 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$53,523
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$6,858
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$8,187
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$4,797
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$12,511
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$7,134
IX-13 Office expensesPrograms $0 · Management $0 · Fundraising $0$4,590
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$3,913
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$4,145
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$2,139
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$15,913
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$7,280
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$5,080
IX-24 Other expenses (24a–d)Programs $0 · Management $0 · Fundraising $0$85,129
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$221,199
Part X · Balance sheet $978,627 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $12,566$13,139
X-2 Savings and temporary cash investmentsStart of year $95,643$70,721
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $14,128$16,310
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $6,679$10,864
X-10c Land, buildings and equipment, netStart of year $256,436$268,616
X-11 Publicly traded securitiesStart of year $273,312$314,213
X-12 Other securitiesStart of year $199,707$284,764
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $858,471$978,627
X-17 Accounts payable and accrued expensesStart of year $6,960$17,984
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $22,439$109,132
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $17,489$19,008
X-26 Total liabilitiesStart of year $46,888$146,124
X-27 Net assets without donor restrictionsStart of year $811,583$832,504
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $811,583$832,504
X-33 Total liabilities and net assetsStart of year $858,471$978,628
Part XI · Reconciliation of net assets $832,503 net assets at year end
XI-1 Total revenue$218,347
XI-2 Total expenses$221,199
XI-3 Revenue less expenses−$2,852
XI-4 Net assets at start of year$811,583
XI-5 Net unrealized gains (losses) on investments$23,773
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$832,503

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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