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Nonprofit · EIN 37-1135507

ILLINOIS CORN MARKETING BOARD

Tax-exempt · BLOOMINGTON, IL 61702

Financials

$17M$14M2022$16.8M$16.2M2023$19.9M$14.8M2024
Revenue Expenses · by fiscal year end
Financials of ILLINOIS CORN MARKETING BOARD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$19,900,556$14,808,195$5,092,361$19,364,129$642,899$18,721,230
September 30, 2024990$16,765,076$16,213,315$551,761$14,495,791$1,177,191$13,318,600
September 30, 2023990$16,961,887$13,981,985$2,979,902$14,249,222$1,763,224$12,485,998
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$19,515,753
Investment income
$384,377
Other revenue
$426

Expenses

Grants and similar amounts paid
$905,000
Other salaries and wages
$1,303,473
Salaries, compensation and benefits (total)
$1,306,765
Professional fundraising fees
$0
Legal fees
$117
Accounting fees
$19,000
Occupancy
$38,609
Travel
$119,995
Depreciation
$9,679

Balance sheet and other

Total assets, start of year
$14,495,791
Total assets, end of year
$19,364,129
Total liabilities, end of year
$642,899
Net assets, end of year
$18,721,230
Land, buildings and equipment
$71,130
Net assets without donor restrictions
$18,721,230
Gross receipts
$19,900,556
Employees
0
Year formed
1979
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ART BUNTINGDIRECTOR
Trustee or director
–$0
CASSIE DUMOULINDIRECTOR
Trustee or director
–$0
ROB ELLIOTDIRECTOR
Trustee or director
–$0
STEVE FOUREZDIRECTOR
Trustee or director
–$0
DALE HAUDRICHDIRECTOR
Trustee or director
–$0
LENA HEADDIRECTOR
Trustee or director
–$0
JOHN KLEMMDIRECTOR
Trustee or director
–$0
BILL LEIGHDIRECTOR
Trustee or director
–$0
DAN MEYERSECRETARY
Trustee or director, Officer
–$0
ROSS PAULIDIRECTOR
Trustee or director
–$0
MATT RABENVICE CHAIRMA
Trustee or director, Officer
–$0
JON ROSENSTIELDIRECTOR
Trustee or director
–$0
JEFF SCATESDIRECTOR
Trustee or director
–$0
TERRY SMITHTREASURER
Trustee or director, Officer
–$0
TIM THOMPSONCHAIRMAN
Trustee or director, Officer
–$0
990 for the year ended September 30, 2024: 15 people
NameTitleHours / weekCompensation
ART BUNTINGDIRECTOR
Trustee or director
–$0
CASSIE DUMOULINDIRECTOR
Trustee or director
–$0
ROB ELLIOTDIRECTOR
Trustee or director
–$0
STEVE FOUREZDIRECTOR
Trustee or director
–$0
DALE HAUDRICHDIRECTOR
Trustee or director
–$0
LENA HEADDIRECTOR
Trustee or director
–$0
JOHN KLEMMDIRECTOR
Trustee or director
–$0
BILL LEIGHDIRECTOR
Trustee or director
–$0
DAN MEYERDIRECTOR
Trustee or director
–$0
ROSS PAULIDIRECTOR
Trustee or director
–$0
MATT RABENTREASURER
Trustee or director, Officer
–$0
JON ROSENSTIELDIRECTOR
Trustee or director
–$0
JEFF SCATESCHAIRMAN
Trustee or director, Officer
–$0
TERRY SMITHSECRETARY
Trustee or director, Officer
–$0
TIM THOMPSONVICE CHAIRMA
Trustee or director, Officer
–$0
990 for the year ended September 30, 2023: 15 people
NameTitleHours / weekCompensation
ART BUNTINGDIRECTOR
Trustee or director
–$0
CASSIE DUMOULINDIRECTOR
Trustee or director
–$0
ROB ELLIOTDIRECTOR
Trustee or director
–$0
STEVE FOUREZDIRECTOR
Trustee or director
–$0
DALE HAUDRICHDIRECTOR
Trustee or director
–$0
LENA HEADDIRECTOR
Trustee or director
–$0
JOHN KLEMMDIRECTOR
Trustee or director
–$0
BILL LEIGHDIRECTOR
Trustee or director
–$0
DAN MEYERDIRECTOR
Trustee or director
–$0
ROSS PAULIDIRECTOR
Trustee or director
–$0
MATT RABENSECRETARY
Trustee or director, Officer
–$0
JON ROSENSTIELCHAIRMAN
Trustee or director, Officer
–$0
JEFF SCATESVICE CHAIRMA
Trustee or director, Officer
–$0
TERRY SMITHDIRECTOR
Trustee or director
–$0
TIM THOMPSONTREASURER
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 487, BLOOMINGTON, IL 61702-0487
Principal officer (990 for 2024)
TIM THOMPSON
Signed the 990
RODNEY M WEINZIERL, EXEC DIRECTOR
Phone
(309) 827-0912
Website
ILCORN.ORG
Return prepared by
DUNBAR BREITWEISER & COMPANY LLP

Mission

TO PROVIDE RESEARCH, MARKET DEVELOPMENT AND EFFICIENT MARKETS FOR ILLINOIS CORN AND CORN PRODUCTS.

990 for the year ended September 30, 2025

Program accomplishments

  • INDUSTRIAL PROGRAMS - IDENTIFY ACTIVITIES RELATIVE TO ADVANCING INDUSTRIAL USES OF CORN INVOLVING PUBLIC EDUCATION, MARKET DEVELOPMENT AND RESEARCH, INVEST CHECK-OFF FUNDS IN THOSE PROJECTS AND EVALUATE THE IMPACT OF EACH INVESTMENT.
  • EXPORT PROGRAMS - IDENTIFY FOREIGN AND DOMESTIC EXPORT ACTIVITIES, INVEST CHECK-OFF FUNDS IN ACTIVITIES APPROVED BY THE BOARD OF DIRECTORS, AND EVALUATE THE IMPACT GENERATED BY EACH INVESTMENT.
  • EXECUTIVE PROGRAMS - PROVIDE SPONSORSHIP OF AGRICULTURE RELATED ORGANIZATIONS. ALSO PARTICIPATE IN EDUCATIONAL AND PROMOTIONAL ACTIVITIES WITHIN THE AGRICULTURAL COMMUNITY.
  • COMMUNICATIONS PLAN - COOPERATE WITH MAJOR AGRICULTURAL ORGANIZATIONS ON STATE, NATIONAL, AND INTERNATIONAL MARKET DEVELOPMENT EFFORTS, AND DISSEMINATE TIMELY INFORMATION. ALSO INFORM AND EDUCATE CORN PRODUCERS AND PUBLIC ABOUT PROJECTS AND PROGRAMS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
37-1135507
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
1992
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$19,364,129
Income (IRS master file)
$19,900,556

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$19,900,556$14,808,195$19,364,129XML
990September 2024$16,765,076$16,213,315$14,495,791XML
990September 2023$16,961,887$13,981,985$14,249,222XML
990September 2022$11,889,515$15,031,600$11,624,886IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 37-1135507).

Questions about ILLINOIS CORN MARKETING BOARD

What is the EIN of ILLINOIS CORN MARKETING BOARD?
The employer identification number (EIN) of ILLINOIS CORN MARKETING BOARD is 37-1135507.
Is ILLINOIS CORN MARKETING BOARD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1992.
Are donations to ILLINOIS CORN MARKETING BOARD tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ILLINOIS CORN MARKETING BOARD file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ILLINOIS CORN MARKETING BOARD due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ILLINOIS CORN MARKETING BOARD last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of ILLINOIS CORN MARKETING BOARD?
The 990 for the year ended September 30, 2025 names TIM THOMPSON.
Who are the officers and directors of ILLINOIS CORN MARKETING BOARD?
The 990 for the year ended September 30, 2025 lists 15 people; 0 received compensation from the organization.
How much revenue does ILLINOIS CORN MARKETING BOARD have?
On its 990 for the year ended September 30, 2025 it reported revenue of $19,900,556, expenses of $14,808,195 and total assets of $19,364,129 at year end.

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