Illinois Corn Marketing Board

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 371135507 ✦ Bloomington, IL ✦ Designated as a 501(c)(5)

Overview

What is Illinois Corn Marketing Board?

The Illinois Corn Marketing Board is a nonprofit organization situated in Bloomington, Illinois. Their mission is to promote the industrial uses of corn and corn products through various activities, including public education, market development, and research. By investing check-off funds into these projects, they aim to evaluate and maximize the impact of each investment. In essence, the Illinois Corn Marketing Board works to provide research, market development, and efficient markets for Illinois corn and corn products.


Official website here: www.ilcorn.org

Is Illinois Corn Marketing Board legitimate?

Illinois Corn Marketing Board is a legitimate nonprofit organization registered as a 501(c)(5) entity. Illinois Corn Marketing Board submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,044,623

For more financial information, click here


Official website here: www.ilcorn.org

What is the mission statement of Illinois Corn Marketing Board?

The Illinois Corn Marketing Board is dedicated to providing research, market development, and efficient markets for corn and corn products. Through industrial programs, they identify initiatives that advance industrial uses of corn, focusing on public education, market development, and research. The board invests check-off funds into these projects and evaluates the impact of each investment.


Official website here: www.ilcorn.org

Who is the CEO of Illinois Corn Marketing Board?

Rodney M Weinzierl is the Director of Illinois Corn Marketing Board.


Official website here: www.ilcorn.org

What is the revenue of Illinois Corn Marketing Board?

Illinois Corn Marketing Board's revenue in 2022 was $11,889,515.


Official website here: www.ilcorn.org

Who are the executives of Illinois Corn Marketing Board and what are their salaries?

Here are 15 key members and their salaries:

    Art Bunting (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Cole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pat Dumoulin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Elliot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dale Haudrich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ross Pauli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Raben (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Reed (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dirk Rice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Rosenstiel (Vice Chairma) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne Rosenthal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Scates (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger Sy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Thompson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ilcorn.org

    Where can I find the form 990 for Illinois Corn Marketing Board?

    The Illinois Corn Marketing Board’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ilcorn.org

    Learn more at the official website: www.ilcorn.org

    Mission Statement of Illinois Corn Marketing Board

    The Illinois Corn Marketing Board (ICMB) is a dedicated organization that strives to provide research, market development, and efficient markets for Illinois corn and corn products. In simple terms, ICMB focuses on advancing the industrial uses of corn through public education, market development, and research.

    To achieve its mission, ICMB identifies activities related to industrial applications of corn. These activities encompass a broad spectrum, including education, market development, and research. Through the investment of check-off funds, ICMB supports projects that further these goals. The organization meticulously evaluates the impact of each investment to ensure the effectiveness of its efforts.

    In essence, ICMB serves as a catalyst for innovation in the corn industry. By investing in promising projects, the organization propels the industry forward and creates new opportunities for the utilization of Illinois corn and corn products. This commitment to progress comes with the ultimate goal of benefiting the entire corn industry in Illinois. ICMB's unwavering dedication to research, market development, and efficient markets sets the organization apart as a vital player in the corn industry.

    Impact

    This information is meant to be a general summary of Illinois Corn Marketing Board. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Illinois Corn Marketing Board plays a crucial role in promoting research, market development, and efficient markets for Illinois corn and corn products. Through its industrial programs, the board focuses on advancing industrial uses of corn through activities such as public education, market development, and research initiatives. By investing check-off funds in these projects and evaluating the impact of each investment, the board contributes to the growth and sustainability of the corn industry in Illinois.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $48,790
  • Program Service Revenue: $11,840,467
  • Gross Receipts: $11,889,515

    • Assets and Liabilities:
  • Total Assets: $11,624,886
  • Total Liabilities: $2,486,078
  • Net Assets: $9,138,808
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CHECKOFF RECEIVED

    Revenue

    $12,223,813

    PROJECT & RESEARCH CO-FUNDING

    Revenue

    $46,340

    REFUNDS TO PRODUCERS

    Revenue

    $-429,686

    Organization Details

    Founding Year

    1979

    Principal Officer

    Rodney M Weinzierl

    Main Address

    PO BOX 487, BLOOMINGTON, IL, 617020487

    NTEE Category

    Code: K20 - Food

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