EIN 37-1420618

Indiana Corn Marketing Council (ICMC)

IRS 501(c) type
501(c)(6)
Num. employees
0
State
Year formed
1986
Most recent tax filings
2023-09-01
NTEE code, primary
Description
Established in 2001, the Indiana Corn Marketing Council (ICMC) consists of 17 farmer-directors who are elected and charged with overseeing the investment of state corn checkoff funds.
Total revenues
$5,148,990
2023
Total expenses
$5,817,096
2023
Total assets
$4,244,161
2023
Num. employees
0
2023

Program areas at ICMC

See schedule o.the overall mission of the Indiana Corn Marketing Council is to promote innovative solutions to grow the value of Corn in Indiana from seed to customer. To accomplish this mission, in 2021 the icmc board of directors adopted a new strategic plan which provides a guideline for activities through fiscal year 2024. The board modified this plan in august 2023 to include new Indiana based evaluation metrics to be used for projects commencing in fiscal year 2025. The focus areas of the plan remain unchanged. The basis of this plan was developed from sources which included: input from industry leaders, board members, former board members and the experiences of isa staff and results from the prior strategic plan. This strategic plan has four overall strategic focus areas that guide icmc's investment of producer checkoff dollars. The four focus areas are market development, sustainability, value creation and producer engagement. Market development: market development has one strategic objective. The objective is to increase market access and grow international and domestic demand for Corn in all forms. Icmc accomplishes this by investing in initiatives to increase exports to targeted countries such as mexico, vietnam, india, colombia, south korea and japan and increasing ethanol infrastructure support and promotional activities.sustainability: sustainability has three strategic objectives. The first objective is to continue to increase the number of acres in Indiana utilizing sustainable production practices by meeting targets of nutrient loss reduction goals in Indiana. The second objective is to expand reach to strengthen consumers' perceptions and increase community awareness regarding farm sustainability practices. The third objective is to support efforts that reduce production and input costs and improve on-farm profitability. The initiatives under this objective are identifying opportunities to improve on-farm profitability and seek non-traditional value generation.value creation: value creation has one strategic objective. The objective is to develop new value-added markets and products from Corn in all forms. The initiatives in this area include projects that develop new technologies in food, beverage and industrial markets and facilitate regulatory approval for Corn products. Producer engagement: the backbone of this objective is providing information to the Indiana producers we serve. The first objective is to increase awareness and understanding of the checkoff programs and the return on investment (roi) for Indiana Corn farmers. The second objective is to create additional opportunities for farmers to engage with icmc aside from joining the board. In addition to the four strategic objectives above, a successful organization must invest in infrastructure (personnel, Marketing, and technology), establish sound fiscal and fiduciary management practices, and develop our board members to be leaders within Indiana agriculture and with national agricultural organizations. The following objectives fit into this category. Organization, board management and general Marketing: this objective contains expenses for board meetings, leadership and educational development, base infrastructure for Marketing efforts, and program management of the board.national Corn growers association (ncga): ncga pools resources from Corn producing states to advance checkoff programs related to Corn. They do this by supporting programs reviewed and approved by farmer and staff led action teams. Checkoff dollars given to ncga by icmc cannot be used for ncga's advocacy efforts. Icmc administration: this objective ensures compliance with the Indiana Corn market development law and the governance of icmc. Included in these activities are board elections and investments in processes for remittances from first purchasers of Corn in Indiana and the periodic auditing of those first purchasers.

Grants made by ICMC

GranteeGrant descriptionAmount
Trustees of Purdue University / Purdue UniversityIcmc Funds A Variety of Grants With Purdue University Pertaining To Corn Production Research$541,113
United States Grains Council (USGC)Research$333,575
USA Poultry and Egg Export CouncilResearch$146,509
...and 4 more grants made

Personnel at ICMC

NameTitleCompensation
Courtney KingeryChief Executive Officer$0
Chantel RammelChief Operating Officer
Dr. Bernie EngelDean of Agriculture Appointee
Bruce KettlerDirector of Isda
Paul HodgenPresident$0
...and 6 more key personnel

Financials for ICMC

RevenuesFYE 09/2023
Total grants, contributions, etc.$0
Program services$5,068,235
Investment income and dividends$79,885
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$870
Total revenues$5,148,990

Form 990s for ICMC

Fiscal year endingDate received by IRSFormPDF link
2022-092022-12-06990View PDF
2021-092022-01-29990View PDF
2020-092021-06-30990View PDF
2019-092020-10-05990View PDF
2018-092019-06-19990View PDF
...and 8 more Form 990s
Data update history
May 22, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 4, 2023
Updated personnel
Identified 5 new personnel
June 29, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Social advocacy organizationsAgricultural programs
Issues
Human servicesCommunity improvementAgricultureBusiness and industry
Characteristics
Political advocacyState / local levelNo full-time employees
General information
Address
8425 Keystone Crossing 200
Indianapolis, IN 46240
Metro area
Indianapolis-Carmel-Anderson, IN
County
Marion County, IN
Website URL
incornandsoy.org/ 
Phone
(317) 347-3620
Facebook page
FamilyofFarmers 
Twitter profile
@incornfarmers 
IRS details
EIN
37-1420618
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
K20: Agricultural Programs
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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