NonprofitsIowa Corn Promotion Board

Iowa Corn Promotion Board

JOHNSTON, IA

Total revenue

$22.9M

Total expenses

$29.0M

Net assets

$22.3M

Grants received

$66K

1 grants

EIN

421113939

Tax year

2023

Mission

Creating opportunities for long-term iowa corn grower profitability.

Programs

2 programs

Market development: the iowa corn promotion board (icpb) participates in activities and programs that expand domestic and international markets to increase demand for corn in all forms. Icpb partners with the us meat export federation and the us grains council to build demand internationally for corn and corn products/meat. Icpb investment in those trade partners is multiplied through the involvement of many corn states and matched with governmental support. In state, icpb works to maintain and grow iowa's livestock industry through the coalition to support iowa's farmers (csif), a coalition effort with 7 other commodity groups. Ethanol is a leading market for iowa corn and the icpb works to promote the use of corn ethanol through public events as well as multi-platform advertising campaigns that include broadcast, print, radio, direct mail, digital and social media. Icpb is also working to increase higher blends of ethanol in iowa and across the u.s. With infrastructure programs.

Education/promotions: the iowa corn promotion board (icpb) educational programs work to reach both producer and consumer audiences about the economic and environmental vitality of the corn industry in the state of iowa. Education about corn and the products made from corn happens through advertising, earned media, and various promotional events. Through a multi-platform promotion and outreach campaign called the iowa corn cyhawk series, the icpb promotes iowa corn and the farmers that grow it. The iowa corn mobile education center (icmec) tells the story of farmers and the over 4,000 products made from corn. The icmec travels the state to reach consumers, farmers, and students. District and county organizations use corn materials to talk with students and consumers about farmers and food, feed and fuel made from corn. Education of consumers and producers happens in state and on a national level through working with national and other state corn associations on joint programs, such as commonground. In iowa, education also takes place by leveraging people and investments with affiliate organizations within agriculture.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$22.1M
Investment income$798K
Other revenue
Total revenue$22.9M

Expenses

Grants paid$27.4M
Salaries & benefits$47K
Fundraising
Other expenses$1.5M
Total expenses$29.0M
Total assets$22.7M
Net assets$22.3M

People

15 listed

NameRoleCompensation

CRAIG FLOSS

CHIEF EXECUTIVE OFFICER

Board

$489K

40 hrs/wk

JULIE KIRBY

VP OF FINANCE & OPS (UNTIL 7/24)

Board

$226K

40 hrs/wk

LARRY BUSS

CHAIR

Board

$5K

5 hrs/wk

RALPH LENTS

VICE PRESIDENT

Board

$5K

5 hrs/wk

STAN NELSON

PRESIDENT

Board

$4K

5 hrs/wk

RYAN STEFFENSEN

DIRECTOR

Board

$3K

5 hrs/wk

PAUL GIESELMAN

DIRECTOR

Board

$2K

5 hrs/wk

CHAD HARMS

DIRECTOR

Board

$2K

5 hrs/wk

JOE ROBERTS

DIRECTOR

Board

$2K

5 hrs/wk

DEREK KEMPER

DIRECTOR

Board

$1K

5 hrs/wk

JASON ORR

DIRECTOR

Board

5 hrs/wk

DARIN PROFFIT

DIRECTOR

Board

5 hrs/wk

JEROD FLAHERTY

DIRECTOR

Board

5 hrs/wk

MIKAYLA COLEHOUR

DIRECTOR

Board

5 hrs/wk

VALERIE SANCHEZ

SENIOR DIRECTOR OF FINANCE

Board

40 hrs/wk

Independent contractors

IOWA CORN GROWERS ASSOCIATION

ADMINISTRATIVE CONTRACT FEE

$1.5M

Grants received

Showing 1 of 1

FromAmountPurposeYear

Funded by

$66K from 1 funder · 1 grant · 2020

Wisconsin Corn Promotion Board

$66K · 1 grant · 2020

Details

EIN421113939
Subsection05
Ruling date1979-06
Formed1977
Employees0
Volunteers447
IOWA CORN PROMOTION BOARD — Mission, Financials & Grants Received | Grantivo