2026-01-13T14:10:15-06:00 2025-09-30 351178661 BLUE & CO LLC 12800 N MERIDIAN ST STE 400 CARMEL IN 46032 990 2024-10-01 371420618 INDIANA CORN MARKETING COUNCIL INDI 3173473620 8425 KEYSTONE CROSSING 200 INDIANAPOLIS IN 46240 CHANTEL RAMMEL CHIEF OPERATING OFFICER 3173473620 2026-01-13 1 1 ANGELA N CRAWFORD CPA P00573197 3178488920 2026-01-13 2024 2025-03-06 01:10:19Z CHANTEL RAMMEL 8425 KEYSTONE CROSSING 200 INDIANAPOLIS IN 46240 5891295 0 X WWW.INCORNANDSOY.ORG X UNINCORPORATED 1986 IN THE MISSION OF THE INDIANA CORN MARKETING COUNCIL IS TO PROMOTE INNOVATIVE SOLUTIONS THAT GROW THE VALUE OF CORN IN INDIANA - FROM SEED TO CUSTOMER. 17 17 0 28 0 0 0 0 5240385 5755763 98450 135127 1329 405 5340164 5891295 1286275 1477146 0 0 0 0 0 0 0 4153174 3842726 5439449 5319872 -99285 571423 3879918 4707003 791883 1047545 3088035 3659458 X THE INDIANA CORN MARKETING COUNCIL ("ICMC") WORKS TO PROMOTE INNOVATIVE SOLUTIONS TO GROW THE VALUE OF CORN IN INDIANA FROM SEED TO CONSUMER. THE INDIANA GENERAL ASSEMBLY, RECOGNIZING THE IMPORTANCE OF CORN TO THE ECONOMY OF THE STATE, ENACTED THE INDIANA CORN MARKET DEVELOPMENT STATUTE, CURRENTLY CODIFIED IN IND. CODE 15-15-12 ("THE STATUTE") WHICH REQUIRES A CHECKOFF ASSESSMENT ON CERTAIN TYPES OF CORN MARKETED IN THE STATE OF INDIANA. THE ICMC IS A PUBLIC BODY CORPORATE AND POLITIC ORGANIZATION LOCATED IN INDIANAPOLIS, INDIANA ESTABLISHED TO FACILITATE THE CORN CHECKOFF ASSESSMENT PROGRAM IN INDIANA AND COMMUNICATE INFORMATION RELATING TO THE CONDUCT, IMPLEMENTATION, OR RESULTS OF PROMOTION, RESEARCH, AND MARKET DEVELOPMENT ACTIVITIES RELATING TO CORN TO PRODUCERS AND STAKEHOLDERS. PROCEEDS OF THE CHECKOFF ASSESSMENT MAY NOT BE USED TO INFLUENCE LEGISLATION OR GOVERNMENTAL ACTION OR POLICY. 0 0 SEE SCHEDULE O.THE MISSION OF THE INDIANA CORN MARKETING COUNCIL IS TO PROMOTE INNOVATIVE SOLUTIONS THAT GROW THE VALUE OF CORN IN INDIANA - FROM SEED TO CUSTOMER. TO ADVANCE THIS MISSION, THE ICMC BOARD OF DIRECTORS ADOPTED A STRATEGIC PLAN FOR THE YEARS 2025-2027 INTRODUCING INDIANA-BASED EVALUATION METRICS TO MEASURE THE IMPACT OF PROJECTS. THE STRATEGIC PLAN BUILDS ON THE EXPERTISE AND DIRECTION OF OUR FARMER-ELECTED BOARD MEMBERS, ENSURING IT SPEAKS DIRECTLY TO THE NEEDS OF INDIANA PRODUCERS. PRODUCER-DRIVEN DECISIONS HELP TO ENSURE RELEVANCE, ACCOUNTABILITY AND IMPACT. THE STRATEGIC PLAN HAS FOUR DISTINCT STRATEGIC FOCUS AREAS:MARKET DEVELOPMENT: THE GOAL OF MARKET DEVELOPMENT IS TO WORK WITH PARTNERS TO ACCELERATE THE DEMAND FOR INDIANA CORN IN ALL FORMS. THIS IS ACCOMPLISHED BY FUNDING OF PROJECTS WITH THE FOLLOWING OBJECTIVES: - INCREASE LIVESTOCK AND MEAT EXPORTS FROM INDIANA. - EXPAND EXPORTS FOR US CORN AND CORN PRODUCTS - INCREASE DEMAND FOR ETHANOL PRODUCED IN INDIANASUSTAINABILITY: EFFECTIVE WORK IN SUSTAINABILITY IS GROUNDED IN ENVIRONMENTAL, ECONOMIC AND COMMUNITY OUTREACH PROGRAMS. THE PROJECTS IN THIS AREA ARE FOCUSED ON: - INCREASING FARMER ADOPTION OF IMPROVED NUTRIENT AND SOIL HEALTH SYSTEMS. - THROUGH COMMUNITY PARTNERSHIPS, STRENGTHEN CONSUMER'S TRUST IN FARMERS BY HIGHLIGHTING SHARED ECONOMIC, ENVIRONMENTAL AND SOCIAL VALUES. - INVEST IN RESEARCH THAT HELPS FARMERS PRODUCE CORN MORE ECONOMICALLYVALUE CREATION: THE GOAL OF VALUE CREATION IS TO INCREASE THE VALUE OF INDIANA CORN BY NEW INDUSTRIAL USES TO MARKET THROUGH PARTNERSHIPS AND RESEARCH IN ORDER TO:- INCREASE THE NUMBER OF CORN-BASED INDUSTRIAL PRODUCTS IN THE MARKET.PRODUCER ENGAGEMENT: MEANINGFUL ENGAGEMENT WITH INDIANA'S 20,000+ CORN FARMERS AND GIVING BACK TO FARM COMMUNITIES WITH PROJECTS IN THE FOLLOWING OBJECTIVES:- INCREASE UNDERSTANDING OF THE RETURN OF CHECKOFF PROGRAMS BACK TO THE FARM.- FUND PROGRAMS THAT ALLOW ICMC TO ENGAGE MORE DEEPLY WITH INDIANA FARMERS AND THEIR COMMUNITIES.IN ADDITION TO THE FOUR STRATEGIC OBJECTIVES, A SUCCESSFUL ORGANIZATION MUST INVEST IN INFRASTRUCTURE (PERSONNEL, MARKETING, AND TECHNOLOGY), ESTABLISH SOUND FISCAL AND FIDUCIARY MANAGEMENT PRACTICES, AND DEVELOP BOARD LEADERSHIP WITHIN INDIANA AND NATIONAL AGRICULTURAL ORGANIZATIONS. THE FOLLOWING OBJECTIVES SUPPORT THESE ESSENTIAL AREAS OF ORGANIZATIONAL STRENGTH AND SUSTAINABILITY.PROMOTION AND BOARD OPERATIONS: THIS OBJECTIVE FUNDS ACTIVITIES THAT SUPPORT BOARD EFFECTIVENESS AND AMPLIFIES ICMC'S MARKETING IMPACT. IT INCLUDES EXPENSES FOR BOARD MEETINGS, LEADERSHIP AND EDUCATIONAL DEVELOPMENT, CORE MARKETING INFRASTRUCTURE, AND THE MANAGEMENT AND ADMINISTRATION OF BOARD-DIRECTED PROGRAMS.NATIONAL CORN GROWERS ASSOCIATION (NCGA): THE NATIONAL CORN GROWERS ASSOCIATION (NCGA) SERVES AS A NATIONAL PARTNER BY POOLING RESOURCES FROM CORN-PRODUCING STATES TO ENHANCE AND EXPAND CORN CHECKOFF PROGRAMS. NCGA SUPPORTS PROJECTS THAT ARE REVIEWED AND APPROVED BY FARMER- AND STAFF-LED ACTION TEAMS, ENSURING THAT INVESTMENTS ALIGN WITH PRODUCER PRIORITIES. CHECKOFF FUNDS PROVIDED BY THE INDIANA CORN MARKETING COUNCIL TO NCGA ARE RESTRICTED FROM USE IN ANY NCGA ADVOCACY OR LOBBYING ACTIVITIES, CONSISTENT WITH INDIANA CODE REQUIREMENTS GOVERNING THE USE OF ASSESSMENT PROCEEDS.MANAGEMENT AND ADMINISTRATIVE OVERSIGHT: THIS OBJECTIVE ENSURES COMPLIANCE WITH INDIANA CODE 15-15-12. IT ENCOMPASSES BOARD GOVERNANCE, ELECTIONS, INSURANCE, FINANCIAL AUDITS, AND ACCOUNTING. IT ALSO INCLUDES OVERSIGHT OF REMITTANCE AND AUDIT PROCESSES FOR FIRST PURCHASERS OF CORN IN INDIANA TO MAINTAIN THE INTEGRITY OF CHECKOFF COLLECTIONS. CORE ADMINISTRATIVE FUNCTIONS INCLUDING FINANCIAL AUDITS AND OVERSIGHT OF ELECTIONS-PLAY A CRITICAL ROLE IN MAINTAINING STRONG FIDUCIARY OVERSIGHT AND REINFORCING ICMC'S COMMITMENT TO TRANSPARENCY AND ACCOUNTABILITY. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 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 0 0 1 107 0 1 0 0 0 0 0 0 0 0 0 X 17 17 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IN X ANNA MCCONNELL 3176140120 8425 KEYSTONE CROSSING 200 INDIANAPOLIS IN 46240 X TIM GAUCK PRESIDENT 5.00 X X 0 0 0 MATTHEW LUCAS VICE PRESIDENT 5.00 X X 0 0 0 SUSAN BROCKSMITH SECRETARY 5.00 X X 0 0 0 RON HENSLEY TREASURER 5.00 X X 0 0 0 JOHN ADAM JR DIRECTOR (PARTIAL YEAR) 2.00 X 0 0 0 JANIS HIGHLEY DIRECTOR 2.00 X 0 0 0 NATASHA COX DIRECTOR 2.00 X 0 0 0 LORI CYR DIRECTOR 2.00 X 0 0 0 MATT HAYDEN DIRECTOR 2.00 X 0 0 0 PAUL HODGEN DIRECTOR 2.00 X 0 0 0 MICHAEL MORROW DIRECTOR 2.00 X 0 0 0 JERRY OSTERHOLT DIRECTOR 2.00 X 0 0 0 DAVID RING DIRECTOR 2.00 X 0 0 0 JR ROESNER DIRECTOR 2.00 X 0 0 0 ADAM SHELLER DIRECTOR 2.00 X 0 0 0 SCOTT SMITH DIRECTOR 2.00 X 0 0 0 MATT WILSON DIRECTOR 2.00 X 0 0 0 COURTNEY KINGERY CHIEF EXECUTIVE OFFICER 15.00 X 0 0 0 CHANTEL RAMMEL CHIEF OPERATING OFFICER 10.00 X 0 0 0 0 0 0 0 0 0 0 INDIANA SOYBEAN ALLIANCE INC 8425 KEYSTONE CROSSING SUITE 200 INDIANAPOLIS IN 46240 MANAGEMENT SERVICES 1093132 1 CORN CHECK-OFF ASSESSM 900099 5755763 5755763 5755763 135127 135127 LATE FEES - CORN CHECK 900099 405 405 405 5891295 5756168 0 135127 1477146 1093132 3698 20800 310025 299221 35486 164023 102690 5481 SPONSORSHIPS AND AWARDS 1286997 CORN CHECK-OFF REFUNDS 245841 HANDLING FEES 152120 DUES AND SUBSCRIPTIONS 83479 39733 5319872 3820324 4694059 24772 4534 34822 8410 3879918 4707003 493759 768257 298124 277025 2263 791883 1047545 X 3088035 3659458 3088035 3659458 3879918 4707003 571423 0 X X 0 1 X 1 0 0 5493334 0 5493334 397961 397961 5891295 4921911 0 4921911 397961 397961 5319872 PART XI, LINE 4B - OTHER ADJUSTMENTS: FIRST PURCHASER HANDLING FEES 152,120. CORN CHECK-OFF REFUNDS 245,841. PART XII, LINE 4B - OTHER ADJUSTMENTS: FIRST PURCHASER HANDLING FEES 152,120. CORN CHECK-OFF REFUNDS 245,841. 1 CATALYXX INC 17715 HORNBEAN DR WILDWOOD MO 63005 823412301 0 70000 RESEARCH CENTRAL INDIANA CORPORATE PARTNERSHIP INC 111 MONUMENT CIRCLE SUITE 1800 INDIANAPOLIS IN 46204 352065459 501(C)(6) 0 37500 VALUE CREATION PROJECTS LAKRIL TECHNOLOGIES CORPORATION 40 E MAIN ST SUITE 998 NEWARK DE 19711 963114237 0 70000 RESEARCH NATIONAL CORN GROWERS ASSOCIATION 632 CEPI DR CHESTERFIELD MO 63005 420897662 501(C)(5) 0 200000 RESEARCH OHIO CORN & WHEAT GROWERS ASSOCIATION 59 GREIF PARKWAY SUITE 101 DELAWARE OH 43015 310986033 501(C)(5) 0 50000 RESEARCH PURDUE UNIVERSITY 23510 NETWORK PLACE CHICAGO IL 606731235 356002041 GOVT 0 400146 RESEARCH STEPONE TECH AMERICA INC 330 EAST LIBERTY 4TH FLOOR ANN ARBOR MI 48104 364945034 0 100000 RESEARCH THE NATURE CONSERVANCY 4245 FAIRFAX DRIVE ARLINGTON VA 22203 530242652 501(C)(3) 0 25000 SUSTAINABILITY PROJECTS US GRAINS & BIOPRODUCTS COUNCIL 20 F ST NW SUITE 600 WASHINGTON DC 20001 530260714 501(C)(6) 0 256000 RESEARCH AND MARKET DEVELOPMENT PROJECTS US MEAT EXPORT FEDERATION PO BOX 5722 DENVER CO 80217 356001673 GOVT 0 116000 MARKET DEVELOPMENT PROJECTS UNIVERSITY OF NOTRE DAME GRACE HALL ROOM 836A NOTRE DAME IN 46556 350868188 501(C)(3) 0 42500 RESEARCH USA POULTRY & EGG EXPORT COUNCIL 2300 WEST PARK PLACE BLVD SUITE 100 STONE MOUNTAIN GA 30087 581636513 501(C)(6) 0 110000 MARKET DEVELOPMENT PROJECTS 4 8 PART I, LINE 2: ICMC ANNUALLY REVIEWS CONCEPT SUBMISSIONS FROM POTENTIAL GRANT PARTNERS. THE VOLUNTEER ELECTED BOARD OF DIRECTORS, CONSISTING OF INDIANA FARMERS, SELECTS WHICH PARTNERS WILL BE INVITED TO SUBMIT FULL PROPOSALS AND APPROVES FINAL PROJECTS FOR FUNDING THROUGH THE ANNUAL BUDGET. STAFF RECEIVE REPORTS FROM GRANT PARTNERS DETAILING PROJECT OUTCOMES TO EVALUATE THE PROJECT'S BENEFIT TO CORN FARMERS. PROJECT RESULTS AND OUTCOMES ARE PRESENTED FOR BOARD REVIEW TO DETERMINE WHETHER EACH INVESTMENT SHOULD CONTINUE, BE MODIFIED, OR CONCLUDE BASED ON ITS DEMONSTRATED BENEFIT TO CORN PRODUCERS. RESULTS ARE SHARED WITH THE BOARD OF DIRECTORS THROUGH COMMITTEE MEETINGS AND COMMUNICATED TO OTHER PRODUCERS VIA MEETINGS, PRINT PUBLICATIONS, SOCIAL MEDIA, RADIO, AND OTHER OUTREACH CHANNELS. FORM 990, PART VI, SECTION A, LINE 3 THE COUNCIL HAS A MANAGEMENT AGREEMENT WITH INDIANA SOYBEAN ALLIANCE INC., AN UNRELATED 501(C)(6) ORGANIZATION, TO MANAGE THE DAILY ACTIVITY OF THE COUNCIL. THE CEO AND COO OF THE COUNCIL ARE PAID BY INDIANA SOYBEAN ALLIANCE INC.'S PEO. FORM 990, PART VI, SECTION A, LINE 7A FARMERS MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE BUDGET & FINANCE COMMITTEE WILL REVIEW AND RECOMMEND APPROVAL OF THE 990 PRIOR TO THE FORM BEING SUBMITTED TO THE FULL BOARD. THE 990 IS THEN REVIEWED AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, DIRECTOR, AND KEY EMPLOYEE MUST ANNUALLY REVIEW AND COMPLETE A FORM DISCLOSING ANY CONFLICTS. IF A CONFLICT EXISTS, APPROPRIATE ACTION IS TAKEN TO ELIMINATE THE CONFLICT, INCLUDING SUCH STEPS AS NOTIFYING THE BOARD, REASSIGNMENT OF RESPONSIBILITIES OR NOT VOTING ON THE MATTER DEEMED A CONFLICT OF INTEREST. IF A MATTER INVOLVES A BOARD MEMBER OR OFFICER, THE CONFLICT WILL BE DOCUMENTED INCLUDING APPROPRIATE RESOLUTION BY THE COMPLIANCE COMMITTEE OR BOARD AS APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ARE PUBLISHED AT AUDIT.SBOA.IN.GOV. THE ANNUAL REPORT IS AVAILABLE AT INCORNANDSOY.ORG AND IS PUBLISHED IN THE INDIANA CORN AND SOYBEAN POST MAGAZINE. FORM 990, PART XII, LINE 1 THE ORGANIZATION PREPARES ITS FINANCIAL STATEMENTS ON A MODIFIED CASH BASIS OF ACCOUNTING. UNDER THAT BASIS, CORN CHECKOFF ASSESSMENTS ARE RECOGNIZED WHEN RECEIVED RATHER THAN WHEN EARNED, AND FIRST PURCHASER HANDLING FEES AND REFUNDS ARE RECOGNIZED WHEN PAID RATHER THAN WHEN THE OBLIGATION IS INCURRED. THE MODIFIED CASH BASIS OF ACCOUNTING DIFFERS FROM ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PRIMARILY BECAUSE ICMC HAS NOT RECOGNIZED RECEIVABLES FOR CORN CHECKOFF ASSESSMENTS, ACCRUALS FOR ESTIMATED FIRST PURCHASER HANDLING FEES, ACCRUALS FOR ESTIMATED REFUNDS, AND THEIR RELATED EFFECTS ON THE CHANGE IN NET ASSETS. ICMC ACCRUES RESEARCH GRANTS IN WHICH ICMC HAS MINIMAL INVOLVEMENT ONCE THE BOARD APPROVES THE GRANT FOR FUNDING AND THE GRANT IS EXECUTED, RATHER THAN AT THE TIME THE EXPENSES ARE INCURRED. THESE EXPENSES, WHICH ARE CONSIDERED CONTRIBUTION TRANSACTIONS, ARE INCLUDED IN GRANTS EXPENSE. RESEARCH GRANTS IN WHICH ICMC HAS SIGNIFICANT INVOLVEMENT, WHICH ARE CONSIDERED EXCHANGE TRANSACTIONS, ARE EXPENSED AS INCURRED AND ARE INCLUDED IN CONSULTING FEES EXPENSE. FORM 990, PART XII,LINE 2C THE BUDGET AND FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND APPROVES THE SELECTION OF THE INDEPENDENT ACCOUNTANT. FORM 990, PART VI, LINE 15A AND 15B THE COUNCIL DOES NOT HAVE ANY EMPLOYEES. THE COUNCIL PAYS A CONTRACTED FEE TO THE INDIANA SOYBEAN ALLIANCE INC. (ISA) FOR MANAGEMENT SERVICES INCLUDING WORK PERFORMED BY EMPLOYEES WHO ARE PAID BY A PEO. FORM 990, PART X, LINE 27 $2,817,649 OF THE NET ASSETS HAVE BEEN DESIGNATED BY THE BOARD FOR FUTURE PROJECTS.