2024-10-31T14:38:59-05:00 2023-12-31 351178661 BLUE & CO LLC 12800 N MERIDIAN ST STE 400 CARMEL IN 46032 990 2023-01-01 351137307 INDIANA PORK PRODUCERS ASSOCIATION INC INDI 3178727500 8425 KEYSTONE CROSSING 220 INDIANAPOLIS IN 46240 JOSHUA TRENARY EXECUTIVE DIRECTOR 3178727500 2024-10-16 1 1 ANGELA N CRAWFORD CPA P00573197 3178488920 2024-10-16 2023 2024-10-15 13:58:12Z JOSHUA TRENARY 8425 KEYSTONE CROSSING 220 INDIANAPOLIS IN 46240 2306570 0 X HTTPS://WWW.INDIANAPORK.ORG/ X 1963 IN TO REPRESENT THE INTEREST OF THE INDIANA PORK INDUSTRY THROUGH PROMOTING ITS PRODUCT, RESEARCH INTO BETTER METHODS OF PRODUCTION, ENCOURAGING ENVIRONMENTAL STEWARDSHIP, AND TRAINING AND DEVELOPING PRODUCERS. 20 20 5 658 0 0 110000 122370 2154204 2107636 4463 61807 14029 14757 2282696 2306570 85813 0 0 0 541331 655951 0 0 0 1369284 1575289 1996428 2231240 286268 75330 2745983 2900177 252479 331343 2493504 2568834 INDIANA PORK PRODUCERS ASSOCIATION, INC. REPRESENTS THE INTEREST OF THE INDIANA PORK INDUSTRY THROUGH PROMOTING ITS PRODUCT, RESEARCH INTO BETTER METHODS OF PRODUCTION, ENCOURAGING ENVIRONMENTAL STEWARDSHIP, AND TRAINING AND DEVELOPING PRODUCERS. 0 0 THE PRODUCT MARKETING FUNCTION WORKS TO DEVELOP POSITIVE ATTITUDES ABOUT PORK AND ITS USAGE WITH THE GOAL OF INCREASING DEMAND. TARGET GROUPS INCLUDE YOUTH, FOOD SERVICE PERSONNEL, HEALTHCARE PROVIDERS, AND RETAIL MERCHANDISERS. OTHER ACTIVITIES PROMOTE IMPROVEMENTS IN PORK PRODUCTION TECHNIQUES, THE USE OF PORK PRODUCTS, AND PRODUCER AWARENESS OF LAWS AND REGULATIONS THAT IMPACT THEIR OPERATIONS. INDUSTRY RELATIONS ACTIVITIES CREATE UNITY WITHIN THE INDUSTRY ANDINVOLVES THEM IN LEADERSHIP DEVELOPMENT AND OTHER ACTIVITIES WITHIN THE ASSOCIATION. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 21 0 1 5 1 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IN X JOSHUA TRENARY 3178727500 8425 KEYSTONE CROSSING SUITE 220 INDIANAPOLIS IN 46240 THARP NICK PRESIDENT 1.00 X X 0 0 0 JOHNSON MARK VICE PRESIDENT 1.00 X X 0 0 0 SALSBERY ADAM SECRETARY 1.00 X X 0 0 0 BALDWIN JOE INPAC CHAIR 1.00 X X 0 0 0 MARTIN BRIAN IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 HILL HEATHER DIRECTOR 1.00 X 0 0 0 JOHNSON ALAYNE DIRECTOR 1.00 X 0 0 0 STEVENS JEB DIRECTOR 1.00 X 0 0 0 EBERT ED DIRECTOR 1.00 X 0 0 0 FLEDDERMAN TYLER DIRECTOR 1.00 X 0 0 0 RENDER MICAH DIRECTOR 1.00 X 0 0 0 PASCHEN MATT DIRECTOR 1.00 X 0 0 0 SIEFERT DILLON DIRECTOR 1.00 X 0 0 0 TAYLOR MIKE DIRECTOR 1.00 X 0 0 0 NEWCOM DOUG DIRECTOR 1.00 X 0 0 0 SCHMITZ DALE DIRECTOR 1.00 X 0 0 0 SMITH TANNER DIRECTOR 1.00 X 0 0 0 RODIBAUGH TODD DIRECTOR 1.00 X 0 0 0 RODIBAUGH JEFF DIRECTOR 1.00 X 0 0 0 CLINE MIKE DIRECTOR 1.00 X 0 0 0 TRENARY JOSHUA TREASURER/EXECUTIVE DIRECTOR 50.00 X 150700 0 6231 150700 0 6231 1 0 1 0 0 22370 100000 122370 CHECKOFF ASSESSMENT 110000 932812 932812 PORK PROMOTION PROJECT 110000 592866 592866 VOLUNTARY CHECKOFF 110000 509651 509651 MIDWEST PORK CONFERENC 110000 45467 45467 TASTE OF ELEGANCE INCO 110000 26840 26840 2107636 56807 56807 12000 0 12000 12000 12000 5000 0 5000 5000 5000 OTHER REVENUE 900099 2757 2757 2757 2306570 2107636 0 76564 156931 440281 20583 38156 18888 64905 142931 283788 53597 91048 89277 38423 783 PRODUCTION COSTS 535813 PROJECT EXPENSE 216764 PRINTING 33072 BAD DEBT 6000 2231240 1326798 1091061 1068741 1483227 216145 221488 20583 28456 61614 61614 783 0 112933 75945 2745983 2900177 109250 231201 29890 23515 113339 76627 252479 331343 X 2493504 2568834 2493504 2568834 2745983 2900177 75330 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 61614 61614 0 0 FINANCE LEASE LIABILITIES 7245 OPERATING LEASE LIABILITIES 69382 76627 X 2306570 0 2306570 0 2306570 2231240 0 2231240 0 2231240 PART X, LINE 2: IPPA IS ORGANIZED AS A NOT-FOR-PROFIT AGRICULTURAL ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(5) OF THE UNITED STATES INTERNAL REVENUE CODE AND RELATED STATE LAWS. AS SUCH, IPPA IS GENERALLY EXEMPT FROM INCOME TAXES. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. HOWEVER, IPPA IS REQUIRED TO FILE FEDERAL FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX AND A CORRESPONDING STATE RETURN, WHICH ARE INFORMATIONAL RETURNS ONLY. IPPA HAS FILED ITS FEDERAL AND STATE INFORMATIONAL RETURNS FOR PERIODS THROUGH DECEMBER 31, 2022. THESE INFORMATIONAL RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY IPPA AND RECOGNIZE A TAX LIABILITY IF IPPA HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY IPPA, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022 AND 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. IPPA IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. X 0 0 0 TRENARY JOSHUA TREASURER/EXECUTIVE DIRECTOR 150700 0 0 0 0 0 6204 0 27 0 156931 0 0 0 FORM 990, PART V, LINE 2A: THE ORGANIZATION UTILIZES WORKSMART, A PROFESSIONAL EMPLOYER ORGANIZATION (PEO), AS A CO-EMPLOYER RELATIONSHIP. ALL EMPLOYEE AND EMPLOYER TAX FILINGS ARE ISSUED BY WORKSMART. FORM 990, PART VI, SECTION A, LINE 7A AT LARGE DIRECTORS AND THE AFFILIATED INDUSTRY DIRECTOR SHALL BE ELECTED BY A MAJORITY VOTE OF ALL OF THE VOTING MEMBERS AT THE ANNUAL MEETING OF THE MEMBERS, WITH EACH MEMBER BEING ENTITLED TO CAST ONE VOTE FOR EACH VACANCY ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD IS PROVIDED A DRAFT OF THE FORM 990 PRIOR TO FILING, AFTER BEING REVIEWED BY MANAGEMENT AND THE OUTSIDE ACCOUNTANT. FORM 990, PART VI, SECTION B, LINE 12C IPPA EXECUTIVE COMMITTEE MEMBERS (LEADERSHIP) HAVE AN OBLIGATION TO CONDUCT BUSINESS WITHIN GUIDELINES THAT PROHIBIT ACTUAL, OR POTENTIAL, CONFLICTS OF INTEREST. THEREFORE, IT IS IMPERATIVE THAT STAFF AND ELECTED LEADERSHIP COMPLETE A QUESTIONNAIRE, WHICH SEEKS TO IDENTIFY POSSIBLE AREAS WHERE A CONFLICT COULD ARISE. IPPA'S CONFLICT OF INTEREST STATEMENTS ARE TO BE COMPLETED ON AN ANNUAL BASIS BY ELECTED LEADERSHIP AND ASSOCIATION STAFF. FORM 990, PART VI, SECTION B, LINE 15A EACH YEAR, THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE IPPA BOARD AND IS EVALUATED IN COMPARISON WITH PERFORMANCE AND MARKET FORCES, AS WELL AS COMPENSATION OBTAINED FROM FORM 990'S FROM OTHER SIMILAR AGRICULTURAL ASSOCIATIONS IN THE MIDWEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.