Overview
What is Iowa Corn Promotion Board?
The Iowa Corn Promotion Board is a nonprofit organization headquartered in Johnston, Iowa. Its primary focus revolves around investing in research and business development to create higher value industrial uses for corn. By developing new corn traits and patents, such as bioplastics and transgenic corn, they aim to increase the demand and value of corn as a raw material. The business development programs also invest in companies, leveraging these innovations to generate long-term profitability opportunities for corn growers in Iowa. The organization's mission includes developing and defending markets, funding research, and providing education on corn and corn products to ensure the long-term profitability of corn growers.
Official website here: www.iowacorn.org
Is Iowa Corn Promotion Board legitimate?
Iowa Corn Promotion Board is a legitimate nonprofit organization registered as a 501(c)(5) entity. Iowa Corn Promotion 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: $52,570
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.iowacorn.org
What is the mission statement of Iowa Corn Promotion Board?
The Iowa Corn Promotion Board aims to foster long-term profitability for Iowa corn growers. They accomplish this through various activities, including developing and defending markets, funding research, and providing education about corn and corn products. The research initiatives focus on increasing the demand and value of corn as a raw material by developing higher value industrial uses and corn traits that enhance production efficiency. The board has been granted several patents for the creation of bioplastics, biochemicals, and a transgenic corn plant that improves nitrogen use efficiency. Business development programs invest in companies and leverage these patents to generate opportunities for long-term profitability.
Official website here: www.iowacorn.org
Who is the CEO of Iowa Corn Promotion Board?
Craig Floss is the Chief Executive Officer of Iowa Corn Promotion Board. The CEO's salary of Iowa Corn Promotion Board is $436,919 and their total compensation is $496,028.
Official website here: www.iowacorn.org
What is the revenue of Iowa Corn Promotion Board?
Iowa Corn Promotion Board's revenue in 2022 was $24,524,776.
Official website here: www.iowacorn.org
Who are the executives of Iowa Corn Promotion Board and what are their salaries?
- Craig Floss (Chief Executive Officer)
- Julie Kirby (Director Of Finance & Busi)
- Ralph Lents (Director)
- Roger Zylstra (Director)
- Larry Buss (Vice President) [Trustee/Director]
- Kelly Nieuwenhuis (President) [Trustee/Director]
- Pete Brecht (Director)
- Greg Alber (Chair) [Trustee/Director]
- Rod Pierce (Director)
- Jerry Maier (Director)
- Stan Nelson (Director)
- Chad Harms (Director)
- Darla Recker (Director)
- Jerod Flaherty (Director)
- Ryan Steffensen (Director)
Official website here: www.iowacorn.org
Where can I find the form 990 for Iowa Corn Promotion Board?
The Iowa Corn Promotion Board’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.iowacorn.org
Learn more at the official website: www.iowacorn.org
Mission Statement of Iowa Corn Promotion Board
The Iowa Corn Promotion Board is a dedicated organization that strives to create long-term profitability opportunities for Iowa corn growers. With a mission centered around developing and defending markets, funding research, and providing education about corn and corn products, the Board works tirelessly to increase the demand and value of corn as a raw material.
Through its extensive research programs, the Iowa Corn Promotion Board invests in the development of higher value industrial uses for corn. By creating innovative bioplastics and biochemicals, the organization transforms corn into renewable plastic materials, opening up new opportunities for profitability. These groundbreaking initiatives have resulted in several patents being awarded to the Board, showcasing its commitment to progress and sustainability. Furthermore, research into corn traits enhances the production efficiency of growing corn, ensuring that corn growers remain competitive in the market.
In addition to research, the Iowa Corn Promotion Board's business development programs invest in companies and leverage patents to create sustainable opportunities for long-term profitability. The Board's dedication to innovation and growth extends to the development of transgenic corn plants that improve nitrogen use efficiency, further enhancing the value and efficiency of corn production. With a focus on continuous improvement and a commitment to supporting the growth and profitability of Iowa corn growers, the Iowa Corn Promotion Board is a vital catalyst for change and progress in the corn industry.
Impact
This information is meant to be a general summary of Iowa Corn Promotion Board. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Iowa Corn Promotion Board's impact lies in creating opportunities for long-term Iowa corn grower profitability. Through investments in research and business development, the board works to increase the demand and the value of corn as a raw material. Their research programs focus on developing higher value industrial uses for corn, improving production efficiency, and even creating renewable plastic materials and biofuels. By leveraging patents and investing in companies, the board aims to support the long-term profitability of corn growers in Iowa.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHECKOFF ASSESSMENT
Revenue
$22,489,873
Organization Details
Founding Year
1977
Phone
(515) 225-9242
Principal Officer
Craig Floss
Main Address
5505 NW 88TH ST 100, JOHNSTON, IA, 50131
Website
www.iowacorn.org
NTEE Category
Code: K20 - Food
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