2023-11-13T16:05:11-06:00 2022-12-31 431126847 WILLIAMS-KEEPERS LLC 3220 WEST EDGEWOOD SUITE E JEFFERSON CITY MO 65109 990 2022-01-01 521275264 THE FARM CREDIT COUNCIL FARM 3037213200 50 F STREET NW 900 WASHINGTON DC 20001 BRAD LANGAN TREASURER 3037213200 2023-11-13 1 BRAD LANGAN XXX-XX-XXXX 1 NICK MESTRES P02077144 5736356196 2023-11-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BRAD LANGAN 50 F STREET NW 900 WASHINGTON DC 20001 15087050 0 X WWW.FCCCOUNCIL.COM X 1989 DC REPRESENT THE LEGISLATIVE AND REGULATORY INTERESTS OF COOPERATIVE FARM LENDERS. 23 23 18 0 0 0 0 0 9354698 12776090 229168 -115781 0 642038 9583866 13302347 0 0 0 0 5146827 4168081 0 0 0 5125865 6117912 10272692 10285993 -688826 3016354 26254503 32813320 5501990 9578518 20752513 23234802 X REPRESENT THE LEGISLATIVE AND REGULATORY INTERESTS OF COOPERATIVE FARM LENDERS, THE INSTITUTIONS COMPRISING THE FARM CREDIT SYSTEM. THE FARM CREDIT COUNCIL SYSTEM IS A NATIONWIDE NETWORK OF PRIVATELY-OWNED BANKS AND ASSOCIATIONS THAT PROVIDE CREDIT AND RELATED SERVICES TO FARMERS, RANCHERS, FISHERMEN, AND FARM RELATED BUSINESSES. THE BANKS, ASSOCIATIONS, AND SERVICE ORGANIZATIONS OF THE SYSTEM ARE ALL OWNED DIRECTLY OR INDIRECTLY BY THEIR CUSTOMERS AND OPERATED ON A COOPERATIVE BASIS. 0 0 MONITORING AND INFORMING MEMBERS OF PROPOSED LEGISLATION BEFORE FEDERAL OR STATE LEGISLATIVE BODIES OF PROPOSED ACTIONS, POLICIES, RULINGS, OR REGULATIONS OF ANY FEDERAL OR STATE AGENCY OR ADMINISTRATIVE BODY, AND OF ANY OTHER MATTERS, WHICH MAY AFFECT THE SYSTEM. PRESENTING THE VIEWS OF ITS MEMBERS TO FEDERAL OR STATE LEGISLATORS, REGULATORY OFFICIALS, OTHER GOVERNMENT OFFICIALS, AND THE PUBLIC ON MATTERS WHICH MAY AFFECT THE SYSTEM. PROVIDING IMPROVED COMMUNICATION AMONG ITS MEMBERS AND BETWEEN ITS MEMBERS AND THE PUBLIC, INCLUDING THE COLLECTION OF INFORMATION FROM AND THE DISTRIBUTION OF INFORMATION TO ITS MEMBERS AND THE PUBLIC. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 67 0 18 1 0 0 0 0 1 1 0 0 0 0 0 X 23 23 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X SUZANNE CRAWFORD 3037213200 50 F STREET NW 900 WASHINGTON DC 20001 JON E MARTHEDAL CHAIR 8.00 X X 34980 0 0 MICHAEL STONE VICE CHAIR 8.00 X X 33390 0 0 JENNY BLACK DIRECTOR 6.00 X 31800 0 0 LAURA BRAUN DIRECTOR 6.00 X 33390 0 0 DAN CHILDS DIRECTOR 6.00 X 31800 0 0 STAN CLAUSSEN DIRECTOR 6.00 X 33390 0 0 JAMES F DODSON DIRECTOR 6.00 X 33390 0 0 MARK ELLISON DIRECTOR 6.00 X 31800 0 0 DUANE MARK GRAY DIRECTOR 6.00 X 31800 0 0 HERBERT R HOLZAPFEL DIRECTOR 6.00 X 31800 0 0 WILLIAM JACKSON DIRECTOR 6.00 X 31800 0 0 DAVID KRAGNES DIRECTOR 6.00 X 31800 0 0 JOHN KUEGEL JR DIRECTOR 6.00 X 31800 0 0 CHAD LEE DIRECTOR 6.00 X 31800 0 0 CATHERINE MOYER DIRECTOR 6.00 X 31800 0 0 JENNIFER RHODES DIRECTOR 6.00 X 31800 0 0 JOHN SCHMITT DIRECTOR 6.00 X 31800 0 0 PETER TRIANDAFILLOU DIRECTOR 6.00 X 31800 0 0 BRANDON WITTMAN DIRECTOR 6.00 X 31800 0 0 JOE DAVID YATES DIRECTOR 6.00 X 19875 0 0 JENNIFER ZESSIN DIRECTOR 6.00 X 31800 0 0 TIM ROWE DIRECTOR 6.00 X 25263 0 0 BRYAN SCOTT BELL DIRECTOR 6.00 X 11925 0 0 DAVID HAASE DIRECTOR 6.00 X 25263 0 0 MARK PIERCE DIRECTOR 6.00 X 5300 0 0 THOMAS W WILKIE III DIRECTOR 6.00 X 5300 0 0 LARRY TODD VAN HOOSE PRESIDENT & CEO 40.00 X 933451 0 74169 WILLIAM JEFFRY SHIPP EXECUTIVE VP - GOVERNMENT 40.00 X 303942 0 0 DEBORAH GARRETT WING EXECUTIVE VP - COMMUNICATI 40.00 X 411989 0 66378 BRAD LANGAN TREASURER 8.00 40.00 X 0 246558 46953 ROBERT BOONE III SENIOR VP, REG AFFAIRS & G 40.00 X 394587 0 98460 GARY MATTESON SENIOR VP, BEG FARMER PROG 40.00 X 308422 0 88617 JEANETTE MESIROW SENIOR VP, GOVERNMENT AFFA 40.00 X 261849 0 46427 MARK HAYES VP EXTERNAL COMMUNICATIONS 40.00 X 207255 0 18653 BRITTANY SIMPSON VP PUBLIC POLICY STAKEHOLD 40.00 X 202393 0 25683 LUCAS MICHELE SR DIRECTOR, MEETINGS AND 40.00 X 155729 0 40324 SHANNON KERNS OFFICE MANAGER AND EXECUTI 40.00 X 110370 0 10823 BENJAMIN DUNCANSON SR DIRECTOR, ECONOMY AND P 40.00 X 127619 0 24655 MARY STREIFFERT DIRECTOR COMMUNICATIONS AND STAKEHOLDER RELATIONS 40.00 X 101510 0 15435 SKYLAR SOWDER VP GOVERNMENT AFFAIRS 40.00 X 193735 0 30222 4451317 246558 586799 13 0 1 0 PENZANCE DC REAL ESTATE FD REIT 1680 WISCONSIN AVE NW SUITE 300 WASHINGTON DC 20007 RENT 273126 WILLIAM J SHIPP 77255 TOMLINSON AVEBUE CABIN JOHN MD 20818 LEGISLATIVE SERVICES 260952 MAJORITY STRATEGIES LLC 12854 KENAN DRIVE SUITE 145 JACKSONVILLE FL 32258 DIGITAL WEB BRANDING 147000 3 MEMBERSHIP DUES 900099 9846866 9846866 PROGRAM INCOME 900099 2027275 2027275 REGISTRATION INCOME 900099 888449 888449 SPONSORSHIP REVENUE 900099 13500 13500 12776090 31881 31881 1637041 1784703 -147662 -147662 -147662 LONG TERM INCENTIVE PLAN 900099 642038 642038 642038 13302347 12776090 0 526257 X 3442275 561856 32405 131545 57072 18095 1142289 57499 322544 1030721 1167857 67708 6790 PUBLIC RELATIONS & DUES 2056957 SUBSCRIPTIONS AND PUBLI 73449 TRAINING 44803 BANK FEES 39704 32424 10285993 2841699 5422361 263695 104410 75638 356309 2297255 257966 235058 846453 548305 363918 298148 6707953 5211799 15743634 18887980 26254503 32813320 2980402 1552875 3184145 2521588 4841498 5501990 9578518 X 20752513 23234802 20752513 23234802 26254503 32813320 X 3016354 -859651 325586 X 0 1 X 1 0 0 0 1 9846866 181953 -1609682 -1427729 180000 -1607729 517135 250557 266578 137360 133748 3612 191958 164000 27958 298148 INVESTMENT IN SUBSIDIARY, NET 15873375 SECURITY DEPOSIT 15071 CAPTIVE CONTRIBUTED SURPLUS 75000 CAPTIVE SUBSCRIBER SAVINGS 207849 ROU ASSET 2716685 18887980 FUNDS ADVANCED BY FCS 1536592 UNFUNDED PENSION (FAS 158) 78351 SHORT-TERM LEASE LIABILITY 265830 LONG-TERM LEASE LIABILITY 2960725 4841498 X PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATE PRESCRIBE A MORE-LIKELY-THAN-NOT MEASUREMENT METHODOLGY TO REFLECT THE FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AFTER EVALUATING THE TAX POSITIONS TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN; THEREFORE, NO ADDITIONAL AMOUNTS HAVE BEEN RECOGNIZED AS OF DECEMBER 31, 2022. X 1 1 0 0 0 LARRY TODD VAN HOOSE PRESIDENT & CEO 563451 0 370000 0 0 0 47950 0 26219 0 1007620 0 0 0 ROBERT BOONE III SENIOR VP, REG AFFAIRS & G 330587 0 64000 0 0 0 55839 0 42621 0 493047 0 0 0 DEBORAH GARRETT WING EXECUTIVE VP - COMMUNICATI 318719 0 93270 0 0 0 35594 0 30784 0 478367 0 0 0 GARY MATTESON SENIOR VP, BEG FARMER PROG 262506 0 45916 0 0 0 58605 0 30012 0 397039 0 0 0 JEANETTE MESIROW SENIOR VP, GOVERNMENT AFFA 217849 0 44000 0 0 0 24055 0 22372 0 308276 0 0 0 WILLIAM JEFFRY SHIPP EXECUTIVE VP - GOVERNMENT 43050 0 0 0 260892 0 0 0 0 0 303942 0 0 0 BRAD LANGAN TREASURER 0 169935 0 76623 0 0 0 21336 0 25617 0 293511 0 0 BRITTANY SIMPSON VP PUBLIC POLICY STAKEHOLD 170961 0 31432 0 0 0 18313 0 7370 0 228076 0 0 0 MARK HAYES VP EXTERNAL COMMUNICATIONS 175240 0 32015 0 0 0 18653 0 0 0 225908 0 0 0 SKYLAR SOWDER VP GOVERNMENT AFFAIRS 180985 0 12750 0 0 0 17834 0 12388 0 223957 0 0 0 LUCAS MICHELE SR DIRECTOR, MEETINGS AND 134145 0 21584 0 0 0 25305 0 15019 0 196053 0 0 0 BENJAMIN DUNCANSON SR DIRECTOR, ECONOMY AND P 127619 0 0 0 0 0 11842 0 12813 0 152274 0 0 0 PART I, LINE 1A: PAYMENT OF TRAVEL AND OTHER EXPENSES FOR BOARD SPOUSE ATTENDANCE AT THE ANNUAL MEETING ARE PAID BY THE COMPANY, AND ARE INCLUDED IN THE EMPLOYEE'S W-2, AS IS AUTHORIZED BY THE BOARD. LARRY TODD VAN HOOSE PRESIDENT AND CEO SPLIT DOLLAR LIFE INSURANCE X 2297255 2297255 0 1 1 2297255 FORM 990, PART VI, SECTION A, LINE 1A THE COUNCIL HAS AN EXECUTIVE COMMITTEE, CONSISTING OF ONE MEMBER FROM EACH DISTRICT COUNCIL. THE ROSTER INCLUDES THE CURRENTLY-SERVING BOARD CHAIRMAN AND VICE CHAIRMAN, AS WELL AS THE IMMEDIATE PAST CHAIRMAN (IF NOT FROM THE SAME DISTRICT COUNCIL AS THE CHAIRMAN OR VICE CHAIRMAN); ONE OTHER BOARD MEMBER FROM THE OTHER NON-REPRESENTED DISTRICT COUNCIL; AND ONE MEMBER ELECTED AT-LARGE. THE COMMITTEE HAS THE AUTHORITY TO MAKE DECISIONS IN BETWEEN REGULAR BOARD MEETINGS. THE EXECUTIVE COMMITTEE PERIODICALLY MEETS IN EXECUTIVE SESSION WITH THE REGULAR BOARD TO REPORT ON ITS ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO CLASSES OF MEMBERS -- (1) CLASS A MEMBERS AND (2) CLASS B MEMBERS. ANY MEMBER THAT IS NOT AN INDIVIDUAL SHALL APPOINT ONE INDIVIDUAL TO REPRESENT IT FOR ALL MEMBERSHIP PURPOSES, INCLUDING ATTENDANCE AT MEETINGS AND EXERCISING VOTING RIGHTS, IF ANY. PROVIDED, HOWEVER, THAT ANY CLASS A MEMBER, WHICH IS AUTHORIZED, PURSUANT TO THESE BYLAWS, TO ELECT MORE THAN ONE DIRECTOR SHALL APPOINT A NUMBER OF INDIVIDUALS EQUAL TO THE NUMBER OF DIRECTORS ELECTED BY SUCH CLASS A MEMBER TO THE BOARD OF DIRECTORS TO REPRESENT IT FOR ALL MEMBERSHIP PURPOSES, INCLUDING ATTENDANCE AT MEETINGS, AND EXERCISING VOTING RIGHTS, IF ANY. FORM 990, PART VI, SECTION A, LINE 7A THREE-QUARTERS OF THE CLASS A MEMBERS OF THE CORPORATION, REPRESENTED IN PERSON, CONSTITUTE A QUORUM TO TRANSACT BUSINESS, EXCEPT AS OTHERWISE REQUIRED IN THE BYLAWS OR BY LAW. ANY CLASS A MEMBER WHICH IS AUTHORIZED, PURSUANT TO THESE BYLAWS, TO ELECT MORE THAN ONE DIRECTOR, SHALL BE DEEMED REPRESENTED FOR THE PURPOSE OF DETERMINING A QUORUM, ONLY IF SUCH MEMBER IS REPRESENTED BY A NUMBER OF PERSON EQUAL TO THE NUMBER OF ELECTED BY SUCH CLASS A MEMBER TO THE BOARD OF DIRECTORS. THE ACT OF THREE-QUARTERS OF THE REPRESENTATIVES OF THE CLASS A MEMBERS OF THE CORPORATION PRESENT AND VOTING SHALL BE THE ACT OF THE CLASS A MEMBERS, UNLESS A GREATER NUMBER IS REQUIRED BY THESE BYLAWS, BY ARTICLES OF INCORPORATION, OR BY LAW. ANY VACANCY OCCURRING ON THE BOARD OF DIRECTORS BY REASON OF A DIRECTOR'S REMOVAL, RESIGNATION, OR DEATH, OR OTHERWISE SHALL BE FILLED BY ELECTION BY THE CLASS A MEMBER WHO ORIGINALLY ELECTED SUCH DIRECTOR. ANY VACANCY OCCURRING ON THE BOARD OF DIRECTORS BY REASON OF AN INCREASE IN THE NUMBER OF DIRECTORS DUE TO AN INCREASE IN THE NUMBER OF CLASS A MEMBERS SHALL BE FILLED BY ELECTION BY THE NEW CLASS A MEMBER OR MEMBERS IN THE SAME MANNER AS PROVIDED FOR THE REGULAR ELECTION OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE CLASS A MEMBERS SHALL AT EACH ANNUAL MEETING, AND MAY AT ANY SPECIAL MEETING, CONSIDER AND APPROVE POLICIES AND PRINCIPLES FOR THE GUIDANCE OF THE CORPORATION CONSISTENT WITH THE PURPOSES OF THE CORPORATION SET FORTH IN THE ARTICLES OF INCORPORATION. IN ADDITION, SUCH OTHER BUSINESS AS MAY LAWFULLY COME BEFORE SUCH MEETINGS MAY BE TRANSACTED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ACCOUNTING FIRM ENGAGED FOR THE ORGANIZATION'S FINANCIAL AUDIT AND BASED ON INFORMATION SUPPLIED BY MANAGEMENT. WHEN THE RETURN IS COMPLETED BY THE FIRM, A DRAFT IS REVIEWED BY MANAGEMENT AND ANY CHANGES COMMUNICATION. ONCE THE RETURN IS DEEMED ACCURATE AND COMPLETE, A COPY IS PROVIDED TO THE AUDIT COMMITTEE. THE AUDIT COMMITTEE REVIEWS THE FORM 990 PRIOR TO FILLING AND A COMPLETE COPY OF THE FILING IS MADE AVAILABLE TO THE ENTIRE BOARD OF DIRECTORS FOR APPROVAL PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE FARM CREDIT COUNCIL MAINTAINS A CONFICT OF INTEREST POLICY THAT APPLIES TO BOTH MEMBERS OF THE BOARD AND STAFF. BOTH BOARD MEMBERS AND STAFF UPON JOINING THE ORGANIZATION ARE BRIEFED ON THE POLICY AS A PART OF THEIR INITIAL ORIENTATION AND ARE REQUIRED TO NOTIFY THE ORGANIZATION OF ANY CONFLICT. THE POLICY IS REGULARLY REVIEWED TO ENSURE THAT BOTH BOARD MEMBERS AND STAFF ARE AWARE OF ITS REQUIREMENTS AND APPLICABILITY. FORM 990, PART VI, SECTION B, LINE 15 THE FARM CREDIT COUNCIL HAS A COMPENSATION COMMITTEE THAT HAS DIRECT RESPONSIBILITY FOR ANNUAL REVIEW OF ALL BENEFIT PROGRAMS AND COMPENSATION POLICY, AS WELL AS DIRECT OVERSIGHT RESPONSIBILITY OF THE COMPENSATION OF THE PRESIDENT AND CEO OF THE ORGANIZATION. THE COMMITTEE MEETS MULTIPLE TIMES THROUGHOUT THE YEAR IN ORDER TO FULFILL ITS RESPONSIBILITIES. THE COMMITTEE IS COMPRISED SOLELY OF ELECTED DIRECTORS, COMPLETELY SEPARATE FROM MANAGEMENT. ON A REGULAR BASIS, THE COMMITTEE ENGAGES AN OUTSIDE CONSULTANT WITH COMPENSATION EXPERTISE TO CONDUCT A COMPARATIVE SALARY REVIEW AND PROVIDE THE COMMITTEE INPUT ON APPROPRIATE COMPENSATION LEVELS. THE RESULTS OF THIS WORK ARE CONSIDERED BY THE COMMITTEE IN DEVELOPING THEIR RECOMMENDATIONS FOR COMPENSATION AND BENEFITS. THESE RECOMMENDATIONS ARE CONSIDERED AND EVENTUALLY APPROVED BY THE FULL BOARD. THE DELIBERATIONS OF BOTH THE COMMITTEE AND THE BOARD ARE RECORDED IN THEIR RESPECTIVE MINUTES. THE PROCESS WAS LAST UNDERTAKEN IN 2018. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTOR SERVICES 1,142,289. FORM 990, PART XI, LINE 9: CHANGE IN DEFINED PENSION BENEFIT -102,674. GAIN ON INVESTMENT IN SUBSIDIARY 428,260. FARM CREDIT POLITICAL ACTION COMMITTEE 50 F STREET NW STE 900 WASHINGTON DC 20001 521634753 POLITICAL DC 527 THE FARM CREDIT COUNCIL 1 FARM CREDIT COUNCIL SERVICES INC 7951 E MAPLEWOOD AVE STE 225 GREENWOOD VILLAGE CO 80111 841131524 RISK MANAGEMENT CO FARM CREDIT COUNCIL C 16997643 20835691 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 FARM CREDIT COUNCIL SERVICES INC P 282692 CASH