2026-03-04T09:48:54-06:00 2025-08-31 420714325 RSM US LLP 400 LOCUST STREET SUITE 640 DES MOINES IA 503092354 990 2024-09-01 421036179 IOWA CORN GROWER'S ASSOCIATION IOWA 5152259242 5505 NW 88TH STREET 100 JOHNSTON IA 50131 CRAIG FLOSS CHIEF EXECUTIVE OFFICER 5152259242 2026-03-02 1 1 KATHY FAIRCHILD P00222608 5155586600 2026-03-02 2024 2025-03-06 01:10:19Z CRAIG FLOSS 5505 NW 88TH STREET 100 JOHNSTON IA 50131 25481745 0 X IOWACORN.ORG X 1967 IA CREATING OPPORTUNITIES FOR LONG-TERM IOWA CORN GROWER PROFITABILITY 12 12 47 460 -12888 0 318482 267931 27725221 23865496 122974 354439 85370 152807 28252047 24640673 9680377 8958137 0 0 4742543 4659572 0 0 0 11521999 9791092 25944919 23408801 2307128 1231872 27369569 27093304 8028522 8582127 19341047 18511177 X THE IOWA CORN GROWERS ASSOCIATION (ICGA) IS A MEMBERSHIP ORGANIZATION LOBBYING TO PROTECT THE RIGHTS OF ITS MORE THAN 7,000 CORN FARMER MEMBERS. ICGA SERVES AS THE COLLECTIVE VOICE FOR IOWA CORN FARMERS, LOBBYING ON AGRICULTURAL ISSUES AT THE STATE AND FEDERAL LEVEL. ICGA'S MISSION IS TO CREATE OPPORTUNITIES FOR LONG-TERM IOWA CORN GROWER PROFITABILITY. 0 0 RESEARCH: THE IOWA CORN GROWERS ASSOCIATION RESEARCH IS CENTERED ON DEVELOPING NEW USES FOR CORN AND IMPROVING THE PRODUCTION EFFICIENCY OF GROWING CORN. IT IS IMPERATIVE THAT WE DISCOVER NEW USES TO HELP CREATE DEMAND FOR THE SURPLUS CROP. IN ADDITION, WE FUND RESEARCH TO IMPROVE EFFICIENCY AND REDUCE THE ENVIRONMENTAL IMPACT OF CORN PRODUCTION. THIS IS THE KEY TO ADVANCING THE INDUSTRY AND IS IMPORTANT FOR THE FUTURE ECONOMIC VIABILITY OF CORN FARMERS ACROSS THE NATION. SEVERAL PATENTS HAVE BEEN AWARDED FOR THE DEVELOPMENT OF BIOPLASTICS AND BIOCHEMICALS TO MAKE RENEWABLE PLASTIC MATERIAL.ONE METHOD OF SUPPORTING RESEARCH IS THE WHOLLY OWNED SUBSIDIARY IOWA CORN GROWERS ASSOCIATION, NEW PRODUCT INNOVATION LLC (NPI) WHICH BEGAN OPERATIONS IN NOVEMBER OF 2024. THE STRATEGY OF NPI IS TO IDENTIFY UNEXPLOITED TECHNOLOGIES THAT, IF COMMERCIALIZED, WOULD PROVIDE BENEFITS TO CORN FARMERS. MARKET DEVELOPMENT: THE BEST WAY TO ENHANCE GROWER PROFITABILITY IS TO CREATE NEW DEMAND FOR CORN IN ALL FORMS. THE IOWA CORN GROWERS ASSOCIATION'S (ICGA) INVESTMENT IN THE US GRAINS COUNCIL AND THE US MEAT EXPORT FEDERATION HAS HELPED INCREASE DEMAND FOR US CORN IN ALL FORMS AROUND THE WORLD, AND ALSO HELPED PROFITABILITY OF FARMERS IN IOWA AND AROUND THE COUNTRY. THE ICGA WORKS TO REDUCE TRADE BARRIERS FOR CORN AND LIVESTOCK AROUND THE WORLD TO INCREASE ACCESS TO EXPORT MARKETS FOR US FARMERS. ICGA WORKS TO EXPAND MARKETS FOR FOOD, FEED AND FUEL. ETHANOL IS A KEY MARKET FOR IOWA'S FARMERS, AND ICGA WORKS TO MAINTAIN MARKET ACCESS FOR ETHANOL ACROSS THE U.S. AND TO REMOVE REGULATORY BARRIERS FOR HIGHER BLENDS OF ETHANOL. EDUCATION/PROMOTION: THE IOWA CORN GROWERS ASSOCIATION (ICGA) EDUCATIONAL PROGRAMS WORK TO REACH BOTH FARMER AND CONSUMER AUDIENCES ABOUT THE ECONOMIC AND ENVIRONMENTAL VITALITY OF THE CORN INDUSTRY IN THE STATE OF IOWA. EDUCATION ABOUT CORN AND THE 4,000 PRODUCTS MADE FROM CORN HAPPENS THROUGH EARNED MEDIA, ADVERTISING, PROMOTIONAL EVENTS, AND THE IOWA CORN MOBILE EDUCATION CENTER (ICMEC). FARMER TO FARMER EDUCATION ON WATER QUALITY AND CONSERVATION METHODS OCCURS AT CROP FAIRS, STEWARDSHIP ADVOCATE EVENTS, AND OTHER FIELD DAYS. DISTRICT AND COUNTY ORGANIZATIONS PARTNER WITH ICGA ON CONSUMER AND FARMER EDUCATIONAL AND PROMOTIONAL EFFORTS. ICGA WORKS TO EDUCATE POLICY MAKERS ABOUT THE PRIORITIES SET FORWARD BY MEMBERSHIP AND IMPLEMENTED BY THE BOARD. IOWA CORN OPPORTUNITIES, LLC (ICO), IOWA CORN GROWERS ASSOCIATION'S WHOLLY OWNED SUBSIDIARY, BEGAN OPERATIONS DURING THE YEAR ENDED AUGUST 31, 2008 AND WAS FORMED PRIMARILY TO PROVIDE FINANCIAL AND ORGANIZATIONAL SUPPORT TO PROJECTS THAT WILL PROVIDE A DEMONSTRATABLE BENEFIT TO IOWA CORN PRODUCERS. IOWA CORN OPPORTUNITIES BELIEVES IN A STRONG AGRICULTURAL ECONOMY WHERE FARMERS AND RURAL COMMUNITIES GAIN INCREASING BENEFITS AND PROFITS WHILE INVESTING IN NEW AGRICULTURAL BUSINESS OPPORTUNITIES. IOWA CORN OPPORTUNITIES MISSION IS TO ASSIST NEW AND GROWING COMPANIES IN DEVELOPING STRATEGIES FOR GROWTH AND PROFITABILITY, LEVERAGE INVESTMENT OPPORTUNITIES TO CREATE FUTURE PROFIT OPPORTUNITIES FOR CORN GROWERS, AND GENERATE A PROFITABLE RETURN TO USE IN CONTINUED INVESTMENTS TO CREATE NEW OPPORTUNITIES FOR CORN GROWERS. 0 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 93 0 1 47 1 0 0 0 0 1 1 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 X VALERIE SANCHEZ 5152259242 5505 NW 88TH STREET 100 JOHNSTON IA 50131 X STUART SWANSON PRESIDENT 5.00 X X 11250 0 0 MARK MUELLER VICE PRESIDENT 5.00 X X 5000 0 0 JOLENE RIESSEN CHAIR 5.00 X X 8250 0 0 ADAM BIERBAUM DIRECTOR 5.00 X 2100 0 0 WILL CANNON DIRECTOR 5.00 X 2000 0 0 LAURA FOELL DIRECTOR 5.00 X 2400 0 0 ELLIOT HENDERSON DIRECTOR 5.00 X 0 0 0 DAN KEITZER DIRECTOR 5.00 X 5600 0 0 STEVE KUIPER DIRECTOR 5.00 X 850 0 0 LOGAN LYON DIRECTOR 5.00 X 2000 0 0 RUSTY OLSON DIRECTOR 5.00 X 0 0 0 MIKE VER STEEG DIRECTOR 5.00 X 2500 0 0 CRAIG FLOSS CHIEF EXECUTIVE OFFICER 40.00 X 491342 0 68329 VALERIE SANCHEZ SENIOR DIRECTOR OF FINANCE 40.00 X 97634 0 22320 BRIAN R JONES CHIEF OPERATING OFFICER 40.00 X 288582 0 56583 RODNEY WILLIAMSON VP OF RESEARCH & SUSTAINABILITY 40.00 X 243153 0 51600 SHANNON TEXTOR VP OF COMMUNICATIONS 40.00 X 188169 0 38359 KEVIN STUDER DIRECTOR OF FEDERAL POLICY 40.00 X 200866 0 45204 RYAN SAUER VP OF MARKET DEVELOPMENT 40.00 X 185144 0 33687 CARRIE DODDS VP OF GRASSROOTS DEVELOPMENT 40.00 X 153610 0 46580 GREG WANDREY DIRECTOR OF SUSTAINABILITY 40.00 X 148818 0 20919 ALEXANDER BUCK DIR. OF INDUSTRIAL INNOVATION 40.00 X 106261 0 46031 CHRIS BENGTSON MGR. ECON ANALYSIS & INVESTMENTS 40.00 X 116498 0 10200 DENISE FORNEY VP OF TALENT & ORG DEVELOPMENT 40.00 X 127845 0 20632 JULIE KIRBY VP OF FINANCE (UNTIL 7/24) 0.00 X 153123 0 30226 MINDY LARSEN POLDBERG VP OF GOV'T RELATIONS (UNTIL 7/24) 40.00 X 143760 0 40688 2686755 0 531358 13 1 1 0 AVN CORPORATION 1740 UNION CARBIDE DRIVE SOUTH CHARLESTON WV 25303 RESEARCH PROJECTS 2082307 NEXT STEP ADVERTISING 2310 SE DELAWARE AVE STE G 274 ANKENY IA 50021 ADVERTISING 918325 CONFERENCE TECHNOLOGIES INC 11653 ADIE ROAD MARYLAND HEIGHTS MO 63043 AUDIO/VISUAL SERVICES 282563 NBCUNIVERSAL MEDIA LLC 30 ROCKEFELLER PLAZA NEW YORK NY 10112 ADVERTISING 195000 RADICAL GROWTH MANAGEMENT LLC 3525 DEL MAR HEIGHTS RD STE 1978 SAN DIEGO CA 92130 CONSULTING SERVICES 150000 13 267931 267931 IA CORN PROM BD 110000 23654915 23048215 606700 MEMBERSHIP DUES 110000 198113 198113 NOVECTA LLC 110000 -591 -591 13059 13059 23865496 368773 -12888 381661 117187 0 117187 117187 117187 826738 841072 -14334 -14334 -14334 MANAGEMENT FEES 561000 35620 35620 35620 24640673 23258796 -12888 1126834 X 8958137 2375757 1588916 309604 111284 274011 43962 159126 3385950 3567908 27195 43102 392394 37731 87462 118795 PRINT & WEB 1004002 MEMBERSHIP COSTS 246918 STUDENT LEADER TRAINING 199816 GOVERNMENT RELATIONS 122415 354316 23408801 6108263 8261380 4921716 3600386 257119 26685 500000 200000 4852890 3831944 2833867 1168802 1680555 1665065 8973542 9432433 75484 75411 27369569 27093304 1208785 1260878 254364 243454 6565373 7077795 8028522 8582127 X 18785628 18042602 555419 468575 19341047 18511177 27369569 27093304 X 1231872 -2002982 -58760 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 282183 282183 2517384 1156710 1360674 11924 11924 0 22376 168 22208 1665065 MIDWEST GROWTH PARTNERS 143458 C NEXT LEVEL VENTURES 195952 C CULTIVIAN II 536141 C FARM QA, INC 500000 C ACCELERATED AG TECHNOLOGIES 397108 C NEXT LEVEL VENTURES II 487989 C MIDWEST GROWTH PARTNERS FUND II 1103843 C TRACTOR ZOOM, INC 608344 C FULCRUM GLOBAL CAP 790041 C BURLINGTON CAPITAL 429701 C GENVAX 790811 C MIDWEST GROWTH PARTNERS FUND III 1274055 C GRAIN WEEVIL CORPORATION 400000 C AG STARTUP ENGINE SEED FUND I LLC 100000 C LAKRIL TECHNOLOGIES 743170 C MIDWEST GROWTH PARTNERS FUND IV 134324 C OPEN PRAIRIE RURAL OPPORTUNITIES FUND II 75000 C RADICLE-CORN I LP 722496 C 9432433 DUE TO AFFILIATE 3316838 CONTRACT LIABILITY 3760957 7077795 X 22699429 -2002982 61738 -1941244 24640673 0 24640673 23529299 120498 120498 23408801 0 23408801 PART X, LINE 2: IOWA CORN GROWERS ASSOCIATION (ICGA) IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION AND IS NOT SUBJECT TO FEDERAL AND STATE INCOME TAXES ON RELATED INCOME. ICGA IS SUBJECT TO FEDERAL AND STATE INCOME TAXES TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS AND DETERMINED THAT THERE ARE NO INCOME TAX EFFECTS WITH RESPECT TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: NOVECTA LLC BOOK/TAX DIFFERENCE -106. REVENUE FROM SEGREGATED PAC FUND NOT INCLUDED IN 990 48,956. MIDWEST GROWTH PARTNERS I LLLP BOOK/TAX DIFFERENCE 1,620. MIDWEST GROWTH PARTNERS II LLLP BOOK/TAX DIFFERENCE -2,839. MIDWEST GROWTH PARTNERS III LLLP BOOK/TAX DIFFERENCE -4,102. NEXT LEVEL VENTURES FUND II LLLP BOOK/TAX DIFFERENCE 9,006. AG STARTUP ENGINE SEED FUND I LLC BOOK/TAX DIFFERENCE 9,203. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM SEGREGATED PAC FUND NOT INCLUDED IN 990 120,498. 1 NATIONAL CORN GROWERS ASSOCIATION (NCGA) PO BOX 415000 NASHVILLE TN 37241 420897662 501(C)(5) 3197000 0 GENERAL SUPPORT, OUTREACH & EDUCATION PROGRAMS US GRAINS COUNCIL (USGC) 20 F ST NW STE 900 WASHINGTON DC 20001 530260714 501(C)(6) 2721848 0 GENERAL SUPPORT, OUTREACH & EDUCATION PROGRAMS US MEAT EXPORT FEDERATION (USMEF) PO BOX 840991 DALLAS TX 75284 521067268 501(C)(6) 1700000 0 GENERAL SUPPORT, OUTREACH & EDUCATION PROGRAMS IOWA AGRICULTURE WATER ALLIANCE (IAWA) 1255 SW PRAIRIE TRAIL PKWY ANKENY IA 50023 320440113 501(C)(3) 250000 0 GENERAL SUPPORT KANSAS CORN COMMISSION 1680 CHARLES PL STE 200 MANHATTAN KS 66502 481232208 STATE OF KANSAS 250000 0 E85 EXPANSION SUPPORT GROWTH ENERGY PO BOX 30273 OMAHA NE 68103 263542537 501(C)(6) 160030 0 GENERAL SUPPORT IOWA STATE UNIVERSITY (ISU) SPA 1350 BEARDSHEAR HALL 515 MORRILL RD AMES IA 50011 426004224 501(C)(3) 109300 0 RESEARCH GRANT, GENERAL SUPPORT, OUTREACH & EDUCATION PROGRAMS UNIVERSITY OF WISCONSIN 21 N PARK ST STE 6301 MADISON WI 53715 396006492 STATE OF WISCONSIN 96000 0 RESEARCH GRANT RENEWABLE FUELS ASSOCIATION 16024 MANCHESTER RD STE 101 ELLISVILLE MO 63011 521203707 501(C)(6) 65000 0 E15 MARKET EXPANSION WORLD FOOD PRIZE 100 LOCUST ST DES MOINES IA 50309 421356715 501(C)(3) 60000 0 GENERAL SUPPORT IOWA AGRICULTURE LITERACY FOUNDATION (IALF) PO BOX 14458 DES MOINES IA 50306 311672416 501(C)(3) 50000 0 GENERAL SUPPORT AGRICULTURE ALLIANCE COMPETITION COUNCIL 59 GREIF PKWY STE 101 DELAWARE OH 43015 991669626 501(C)(4) 37000 0 GENERAL SUPPORT IOWA NUTRIENT RESEARCH & EDUCATION COUNCIL (INREC) 900 DES MOINES ST DES MOINES IA 50309 472930044 501(C)(3) 35000 0 GENERAL SUPPORT IOWA FOUNDATION FOR AGRICULTURAL ADVANCEMENT (IFAA) 33675 520TH AVE SLATER IA 50244 421183067 501(C)(3) 27500 0 GENERAL SUPPORT GREATER DES MOINES PARTNERSHIP 700 LOCUST ST STE 100 DES MOINES IA 50309 421489668 501(C)(6) 27000 0 GENERAL SUPPORT GLOBAL FARMER NETWORK 309 COURT AVE STE 214 DES MOINES IA 50309 421500468 501(C)(4) 15000 0 GENERAL SUPPORT, OUTREACH & EDUCATION PROGRAMS WATERWAYS COUNCIL INC (WCI) 499 S CAPITOL ST SW STE 401 WASHINGTON DC 20003 260080090 501(C)(6) 15000 0 GENERAL SUPPORT, OUTREACH & EDUCATION PROGRAMS NATIONAL WATERWAYS CONFERENCE (NWC) 1100 N GLEBE RD STE 1010 ARLINGTON VA 22201 530259567 501(C)(6) 15000 0 GENERAL SUPPORT, OUTREACH & EDUCATION PROGRAMS IOWA RENEWABLE FUELS ASSOCIATION (IRFA) 5550 WILD ROSE LN STE 340 WEST DES MOINES IA 50266 431982636 501(C)(6) 12550 0 GENERAL SUPPORT ILLINOIS CORN MARKETING BOARD 14171 CAROLE DR PO BOX 487 BLOOMINGTON IL 61702 371135507 501(C)(5) 10350 0 GENERAL SUPPORT UNIVERSITY OF MISSOURI 1201 ROLLINS ST COLUMBIA MO 65211 436003859 STATE OF MISSOURI 10220 0 RESEARCH GRANT SILOS & SMOKESTACKS NATIONAL HERITAGE AREA 305 W PARK AVE PO BOX 2845 WATERLOO IA 50704 421387305 501(C)(3) 10000 0 GENERAL SUPPORT, OUTREACH & EDUCATION PROGRAMS IOWA CATTLEMEN'S ASSOCIATION 2055 IRONWOOD CT AMES IA 50014 420924739 501(C)(5) 8500 0 GENERAL SUPPORT CORNELL UNIVERSITY 334 PLANT SCIENCE 236 TOWER RD ITHACA NY 14853 150532082 501(C)(3) 7000 0 RESEARCH GRANT NORTH CAROLINA STATE UNIVERSITY CAMPUS BOX 7620 WILLIAMS HALL RM 2224 RALEIGH NC 27695 566000756 STATE OF NORTH CAROL 7000 0 RESEARCH GRANT ADAIR COUNTY CORN PO BOX 155 ORIENT IA 50858 421508297 501(C)(5) 6645 0 GENERAL SUPPORT ADAMS-TAYLOR COUNTY CORN GROWERS 2971 ORANGE AVE BEDFORD IA 50833 815132957 501(C)(5) 6290 0 GENERAL SUPPORT MILLSMONTGOMERY COUNTY CORN GROWERS 52605 195TH ST COUNCIL BLUFFS IA 51503 911981653 501(C)(5) 6265 0 GENERAL SUPPORT ILLINOIS CORN GROWERS ASSOCIATION 14171 CAROLE DR PO BOX 1623 BLOOMINGTON IL 61702 371326998 501(C)(5) 6000 0 GENERAL SUPPORT IOWA FFA FOUNDATION INC 1055 SW PRAIRIE TRAIL PKWY ANKENY IA 50023 421305468 501(C)(3) 5815 0 GENERAL SUPPORT WARREN COUNTY CORN 10533 110TH AVE INDIANOLA IA 50125 911901975 501(C)(5) 5649 0 GENERAL SUPPORT RINGGOLD COUNTY CORN GROWERS 2601 CO HWY P446 MOUNT AYR IA 50854 814627574 501(C)(5) 5135 0 GENERAL SUPPORT UNIVERSITY OF ILLINOIS AT URBANA CHAMPAIGN 1102 S GOODWIN AVE M/C 046 URBANA IL 61801 376000511 501(C)(3) 5040 0 RESEARCH GRANT 14 20 PART I, LINE 2: IOWA CORN GROWERS ASSOCIATION (ICGA) SUPPORTS ORGANIZATIONS THAT WORK TOWARDS COMMON GOALS AS ICGA. ICGA DOLLARS FOR SUPPORT OF FOREIGN TRADE PARTNERS, SUCH AS US GRAINS COUNCIL AND US MEAT EXPORT FEDERATION, IS MULTIPLIED THROUGH THE INVOLVEMENT OF MANY DIFFERENT CORN STATES AND MATCHED WITH GOVERNMENTAL SUPPORT. X X X X 0 0 0 CRAIG FLOSS CHIEF EXECUTIVE OFFICER 483972 0 0 0 7370 0 37730 0 30599 0 559671 0 0 0 BRIAN R JONES CHIEF OPERATING OFFICER 262003 0 26579 0 0 0 25759 0 30824 0 345165 0 0 0 RODNEY WILLIAMSON VP OF RESEARCH & SUSTAINABILITY 224910 0 18243 0 0 0 21776 0 29824 0 294753 0 0 0 KEVIN STUDER DIRECTOR OF FEDERAL POLICY 184666 0 16200 0 0 0 15927 0 29277 0 246070 0 0 0 SHANNON TEXTOR VP OF COMMUNICATIONS 173994 0 14175 0 0 0 16920 0 21439 0 226528 0 0 0 RYAN SAUER VP OF MARKET DEVELOPMENT 171000 0 14144 0 0 0 1946 0 31741 0 218831 0 0 0 CARRIE DODDS VP OF GRASSROOTS DEVELOPMENT 141119 0 11800 0 691 0 14088 0 32492 0 200190 0 0 0 MINDY LARSEN POLDBERG VP OF GOV'T RELATIONS (UNTIL 7/24) 128313 0 15447 0 0 0 19896 0 20792 0 184448 0 0 0 JULIE KIRBY VP OF FINANCE (UNTIL 7/24) 135647 0 17476 0 0 0 18006 0 12220 0 183349 0 0 0 GREG WANDREY DIRECTOR OF SUSTAINABILITY 141798 0 7020 0 0 0 8994 0 11925 0 169737 0 0 0 ALEXANDER BUCK DIR. OF INDUSTRIAL INNOVATION 100786 0 5475 0 0 0 10540 0 35491 0 152292 0 0 0 SCHEDULE J, PART II: CRAIG FLOSS' TIME IS DEDICATED 16 HOURS TO IOWA CORN GROWERS ASSOCIATION AND 24 HOURS TO IOWA CORN PROMOTION BOARD - AN AFFILIATED BUT UNRELATED ORGANIZATION. BRIAN JONES' TIME IS DEDICATED 20 HOURS TO IOWA CORN GROWERS ASSOCIATION AND 20 HOURS TO IOWA CORN PROMOTION BOARD - AN AFFILIATED BUT UNRELATED ORGANIZATION. JULIE KIRBY'S TIME WAS DEDICATED 12 HOURS TO IOWA CORN GROWERS ASSOCIATION AND 28 HOURS TO IOWA CORN PROMOTION BOARD - AN AFFILIATED BUT UNRELATED ORGANIZATION. JULIE WAS CFO AT IOWA CORN GROWERS ASSOCIATION THRU JULY 2024. FORM 990, PART 1, LINE 6: VOLUNTEERS CONSIST OF BOARD MEMBERS AND COMMITTEE MEMBERS, INCLUDING EX-OFFICIOS, NON-BOARD COMMITTEE MEMBERS, AND VOTING DELEGATES. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE CLASSIFIED AS GROWER OR ASSOCIATE. ANY INDIVIDUAL OR ENTITY ENGAGED IN THE PRODUCTION OF A MINIMUM OF TWO HUNDRED FIFTY (250) BUSHELS OF CORN IN IOWA MAY BECOME A GROWER MEMBER UPON FILING AN APPLICATION AND PAYING ANNUAL DUES AS ESTABLISHED BY THE BOARD OF DIRECTORS FROM TIME TO TIME (DUES OF $60 FOR YEAR ENDING 8/31/25). ANY INDIVIDUAL OR ENTITY NOT ELIGIBLE FOR MEMBERSHIP AS A GROWER MEMBER MAY BECOME AN ASSOCIATE MEMBER UPON FILING AN APPLICATION AND PAYING ANNUAL DUES AS ESTABLISHED BY THE BOARD OF DIRECTORS. ASSOCIATE MEMBERS SHALL HAVE ALL OF THE RIGHTS AND PRIVILEGES OF MEMBERSHIP EXCEPT THE RIGHT TO VOTE, AND EXCEPT THAT NO ASSOCIATE MEMBER SHALL BE ELIGIBLE TO SERVE AS A DIRECTOR OR TO HOLD A CORPORATE OFFICE. FORM 990, PART VI, SECTION A, LINE 7A ANY INDIVIDUAL OR ENTITY ENGAGED IN THE PRODUCTION OF A MINIMUM OF TWO HUNDRED FIFTY (250) BUSHELS OF CORN IN IOWA MAY BECOME A GROWER MEMBER UPON FILING AN APPLICATION AND PAYING ANNUAL DUES OF $60 AS ESTABLISHED BY THE BOARD OF DIRECTORS FROM TIME TO TIME. GROWER MEMBERS HAVE THE RIGHT TO VOTE FOR ELECTION OF DIRECTORS AS PROVIDED IN THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS HAVE OVERSIGHT OF THE ADMINISTRATION AND MANAGEMENT OF IOWA CORN GROWERS ASSOCIATION'S (ICGA) BUSINESS AND AFFAIRS. THE DIRECTORS, IN ALL CASES, ACT AS A BOARD, AND (EXCEPT AS OTHERWISE PROVIDED IN THE BYLAWS) EACH DIRECTOR SHALL HAVE ONE VOTE ON ALL MATTERS REQUIRING THE CONSENT, APPROVAL OR VOTE OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS ADOPT SUCH RULES AND REGULATIONS FOR THE CONDUCT OF THEIR MEETINGS AND SUCH POLICIES AND PROCEDURES REGARDING ICGA'S BUSINESS AND AFFAIRS AS THEY DEEM PROPER, NOT INCONSISTENT WITH THE ARTICLES OF INCORPORATION, THE BYLAWS AND THE ACT. THE BOARD OF DIRECTORS DELEGATE TO COMMITTEES, OFFICERS AND AGENTS SUCH MANAGEMENT AUTHORITY AS THE BOARD OF DIRECTORS DETERMINES TO BE NECESSARY, APPROPRIATE, OR CONVENIENT FOR THE EFFICIENT ADMINISTRATION AND MANAGEMENT OF ICGA'S BUSINESS AND AFFAIRS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE WITH THE EXTERNAL ACCOUNTANT. THE FINAL FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE AND IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IOWA CORN GROWERS ASSOCIATION (ICGA) HAS A CONFLICT OF INTEREST POLICY. TO THE EXTENT A BOARD MEMBER, COMMITTEE MEMBER, OR OFFICER HAS A CONFLICT OF INTEREST, THEY LEAVE THE ROOM AND ABSTAIN FROM VOTING ON SUCH MATTER. THE BOARD MEMBER, COMMITTEE MEMBER, OR OFFICER WILL AVOID ACTUAL AND APPARENT CONFLICTS OF INTEREST, WHETHER SUCH CONFLICT ARISES FROM A PERSONAL, PROFESSIONAL, FAMILIAL, SOCIAL, BUSINESS OR OTHER RELATIONSHIP. IF SUCH INDIVIDUAL BECOME AWARE OF ANY POTENTIAL CONFLICT OF INTEREST THEY WILL IMMEDIATELY DISCLOSE ITS EXISTENCE AND NATURE TO THE PRESIDENT, AND WILL, IF APPROPRIATE OR REQUIRED, REMOVE THEMSELVES FROM ANY DISCUSSIONS AND/OR VOTES ON RELATED MATTERS. IDENTIFIED CONFLICT OF INTEREST SITUATIONS AND DELIBERATIONS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE CHIEF EXECUTIVE OFFICER (CEO) ANNUAL PERFORMANCE IS REVIEWED BY ALL MEMBERS OF THE BOARD. THE INDEPENDENT CEO REVIEW COMMITTEE USES AN INDEPENDENT 3RD PARTY TO EVALUATE THE PERFORMANCE FEEDBACK AND COMPARABILITY DATA, ALSO PROVIDED BY AN INDEPENDENT 3RD PARTY, TO DETERMINE A RECOMMENDATION OF CEO COMPENSATION TO BE PRESENTED AND VOTED ON BY THE BOARD. THE RECOMMENDATION AND BOARD APPROVAL IS CONTEMPORANEOUSLY DOCUMENTED IN THE BOARD MINUTES. DOCUMENTATION OF THE BOARD'S COMPENSATION RECOMMENDATION, SIGNED BY THE BOARD CHAIR, IS PROVIDED TO THE PAYROLL DEPARTMENT. KEY EMPLOYEES, OTHER THAN THE CEO, GO THROUGH AN ANNUAL REVIEW PROCESS. COMPARABILITY DATA PROVIDED BY AN INDEPENDENT 3RD PARTY IS USED FOR EACH POSITION. COMPENSATION CHANGES ARE DOCUMENTED AND RETAINED BY THE ORGANIZATION'S PAYROLL DEPARTMENT. THE ORGANIZATION HAS AN INDEPENDENT COMPENSATION STUDY PERFORMED ON A 3 YEAR ROTATION AND WAS COMPLETED BY AN INDEPENDENT CONSULTANT 2022. FORM 990, PART VI, SECTION C, LINE 19 IOWA CORN GROWERS ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION A: AVERAGE HOURS PER WEEK DEVOTED TO POSITION WITH ORGANIZATIONS AFFILIATED THROUGH COMMON MANAGEMENT: CRAIG FLOSS - 24 HRS WITH IOWA CORN PROMOTION BOARD VALERIE SANCHEZ - 12 HRS WITH IOWA CORN PROMOTION BOARD FORM 990, PART IX, LINE 11G RESEARCH & DEVELOPMENT 2,714,309. OTHER 671,641. FORM 990, PART XI, LINE 9: NET REVENUE FROM SEGREGATED PAC FUND NOT INCLUDED IN 990 -71,542. MIDWEST GROWTH PARTNERS LLLP BOOK/TAX DIFFERENCE 1,620. NOVECTA LLC BOOK/TAX DIFFERENCE -106. MIDWEST GROWTH PARTNERS II LLLP BOOK/TAX DIFFERENCE -2,839. MIDWEST GROWTH PARTNERS III LLLP BOOK/TAX DIFFERENCE -4,102. NEXT LEVEL VENTURES FUND II LLLP BOOK/TAX DIFFERENCE 9,006. AG STARTUP ENGINE SEED FUND I LLC BOOK/TAX DIFFERENCE 9,203. FORM 990, PART XII, LINE 2C: IOWA CORN GROWERS ASSOCIATION DID NOT CHANGE ITS OVERSIGHT AND SELECTION PROCESS FROM THE PRIOR TAX YEAR. IOWA CORN OPPORTUNITIES LLC 5505 NW 88TH STREET STE 100 JOHNSTON IA 50131 030471742 CREATING OPPORTUNITIES FOR LONG-TERM IOWA CORN GROWER PROFITABILITY IA 248418 13902968 N/A NEW PRODUCT INNOVATION LLC 5505 NW 88TH STREET STE 100 JOHNSTON IA 50131 332012274 CREATING OPPORTUNITIES FOR LONG-TERM IOWA CORN GROWER PROFITABILITY IA 269802 671100 IOWA CORN GROWERS ASSOCIATION NOVECTA LLC 5505 NW 88TH STREET 100 JOHNSTON IA 50131 300069676 SPECIALIZED TRAINING RELATED TO CORN QUALITY STANDARDS IA N/A RELATED 32 75302 0 1 0.50000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0