Totals
- Total revenue
- $1,640,990
- Total expenses
- $1,545,286
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $934,326
- Investment income
- $236,755
- Other revenue
- $469,909
- Total assets, end of year
- $3,049,011
- Total liabilities, end of year
- $242,554
- Net assets or fund balances, end of year
- $2,806,457
- Program services expenses (Part IX)
- $1,151,486
- Management and general expenses
- $393,800
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 74.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: EVENT REGISTRATION & SPONSOR
total $382,947 · related or exempt $382,947
-
2b · Program service revenue: ACTIVE MEMBERSHIP DUES
total $253,018 · related or exempt $253,018
-
2c · Program service revenue: MEMBER SERVICE PROGRAMS - UBI
total $105,963 · unrelated business $105,963
-
2d · Program service revenue: ASSOCIATE MEMBERSHIP DUES
total $99,973 · related or exempt $99,973
-
2e · Program service revenue: NEWSLETTER
total $92,425 · related or exempt $8,060 · unrelated business $84,365
-
3 · Investment income
total $236,755 · excluded $236,755
-
5 · Royalties
total $273,471 · excluded $273,471
-
11a · Other revenue: ADMINISTRATIVE - UBI
total $97,811 · unrelated business $97,811
-
11b · Other revenue: ENDORSEMENT INCOME - UBI
total $83,627 · unrelated business $83,627
-
11c · Other revenue: ADMINISTRATIVE
total $15,000 · related or exempt $15,000
-
11e · Other revenue, total
$196,438
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $383,350 · program services $204,354 · management and general $178,996
-
7 · Other salaries and wages
total $321,857 · program services $288,856 · management and general $33,001
-
8 · Pension plan contributions
total $16,235 · program services $16,235
-
9 · Other employee benefits
total $44,638 · program services $34,471 · management and general $10,167
-
10 · Payroll taxes
total $48,308 · program services $34,299 · management and general $14,009
-
11b · Fees: legal
total $58,943 · program services $19,423 · management and general $39,520
-
11c · Fees: accounting
total $75,353 · program services $56,139 · management and general $19,214
-
11d · Fees: lobbying
total $82,045 · program services $82,045
-
11f · Fees: investment management
total $10,243 · management and general $10,243
-
12 · Advertising and promotion
total $57,628 · program services $57,628
-
13 · Office expenses
total $31,250 · program services $22,188 · management and general $9,062
-
14 · Information technology
total $4,076 · program services $2,894 · management and general $1,182
-
16 · Occupancy
total $65,188 · program services $46,283 · management and general $18,905
-
17 · Travel
total $14,898 · program services $14,898
-
19 · Conferences, conventions and meetings
total $138,042 · program services $115,957 · management and general $22,085
-
21 · Payments to affiliates
total $37,295 · program services $37,295
-
22 · Depreciation, depletion and amortization
total $2,568 · program services $1,823 · management and general $745
-
23 · Insurance
total $19,852 · program services $8,171 · management and general $11,681
-
24a · Other expenses: UBI TAXES
total $18,260 · management and general $18,260
-
24b · Other expenses: SERVICES EXPENSES
total $65,963 · program services $65,963
-
24c · Other expenses: READERSHIP COSTS
total $21,221 · program services $21,221
-
24d · Other expenses: TAXES & LICENSES
total $12,007 · program services $7,944 · management and general $4,063
-
24e · All other expenses
total $16,066 · program services $13,399 · management and general $2,667
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $560,643 · end of year $217,509
-
2 · Savings and temporary cash investments
end of year $308,456
-
4 · Accounts receivable
beginning of year $146,520 · end of year $209,235
-
9 · Prepaid expenses and deferred charges
beginning of year $14,117 · end of year $19,314
-
10a · Land, buildings and equipment: cost or other basis
$179,809
-
10b · Land, buildings and equipment: accumulated depreciation
$169,537
-
10c · Land, buildings and equipment, net
beginning of year $12,839 · end of year $10,272
-
11 · Investments: publicly traded securities
beginning of year $1,919,630 · end of year $2,155,269
-
12 · Investments: other securities
beginning of year $500 · end of year $500
-
15 · Other assets
beginning of year $159,678 · end of year $128,456
-
17 · Accounts payable and accrued expenses
beginning of year $140,017 · end of year $117,295
-
19 · Deferred revenue
beginning of year $3,500 · end of year $2,200
-
25 · Other liabilities
beginning of year $154,409 · end of year $123,059
-
27 · Net assets without donor restrictions
beginning of year $2,516,001 · end of year $2,806,457
Mission and programs · 2023
Mission
THE PURPOSES FOR WHICH THIS ORGANIZATION IS FORMED ARE: 1. TO PROMOTE THE INTEREST AND WELFARE OF THOSE MEMBERS ENGAGED IN THE MARKETING, DISTRIBUTION, MANUFACTURING OR BROKERING OF MOTOR FUEL, HEATING FUEL OR ALTERNATIVE FUEL ENERGY, RETAIL CONVENIENCE STORE OR VEHICLE PRODUCTS AND SERVICES AND TO FOSTER A SPIRIT OF FRIENDLY COOPERATION BETWEEN AND AMONG THE REFINERS, SUPPLIERS, MARKETERS, DISTRIBUTORS, CUSTOMERS AND OTHER SEGMENTS OF THESE INDUSTRIES IN IOWA; 2. TO RAISE THE PROFESSIONAL STANDARDS OF THE FUEL MARKETING, CONVENIENCE STORE AND VEHICLE RELATED INDUSTRIES; 3. TO PROMOTE AND ENCOURAGE SOUND AND ECONOMIC TRADE PRACTICES WITHIN THE FUEL MARKETING, CONVENIENCE STORE AND VEHICLE RELATED INDUSTRIES; 4. TO REPRESENT THE INTERESTS OF FUEL MARKETING, CONVENIENCE STORE OR VEHICLE PRODUCT AND SERVICE RELATED OPERATORS WITH LOCAL, STATE AND FEDERAL GOVERNMENT; 5. TO FOSTER THE PROGRESS OF THE FUEL MARKETING, CONVENIENCE AND VEHICLE RELATED INDUSTRIES THROUGH COOPERATION WITH SIMILAR
Activities or mission (Part I)
TO REPRESENT IOWA'S FUEL INDUSTRY BY ADVOCATING FOR INNOVATIVE AND QUALITY FUEL OPTIONS, CONSUMER AND ENVIRONMENTAL PROTECTION, AND FAIRNESS IN THE MARKETPLACE.
-
EDUCATE AND ADVOCATE ON BEHALF OF MEMBERS - COMMUNICATE CRITICAL INFORMATION TO MEMBERS FREQUENTLY, AND PROVIDE BEST IN CLASS EXPERIENCES AND SOLUTIONS ON REGULATORY AND LEGISLATIVE HAPPENINGS. EDUCATING POLICYMAKERS AND THE PUBLIC ON POLICY ISSUES RELEVANT TO MEMBERS.
-
PUBLICATION OF TRADE MAGAZINES DISTRIBUTED TO MEMBERS. COPIES ARE ALSO DISTRIBUTED AT NO CHARGE TO NON MEMBERS, SUCH AS TRADE ORGANIZATIONS IN OTHER STATES.
-
CONVENTION, TRADE SHOW AND MEETINGS - MEMBERS ATTEND THE MEETINGS TO ELECT OFFICERS, REPORT ON PRIOR YEARS ACTIVITIES AND DISCUSS CURRENT PLANS.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Reo MenningREO MENNING
FORMER EXEC.
- Total calculated
- $220,352
- From this org
- $0
- From related orgs
- $183,802
- Other
- $36,550
Schedule J breakdown matched by us
- Base
- not reported + $167,302 related
- Bonus
- not reported + $16,500 related
- Other
- not reported
- Deferred
- not reported + $24,245 related
- Nontaxable benefits
- not reported + $12,305 related
- Filer's total
- not reported + $220,352 related
-
Ronald N Langston Left May 2024RONALD N LANGSTON LEFT MAY 2024
FORMER PRES.
- Total calculated
- $213,767
- From this org
- $167,722
- From related orgs
- $0
- Other
- $46,045
- Hours/week
- 40 + 0.15 related
Schedule J breakdown matched by us
- Base
- $155,787
- Bonus
- $11,935
- Other
- not reported
- Deferred
- $42,038
- Nontaxable benefits
- $4,007
- Filer's total
- $213,767
-
Gary KoernerGARY KOERNER
CEO
- Total calculated
- $195,112
- From this org
- $159,944
- From related orgs
- $0
- Other
- $35,168
- Hours/week
- 40 + 0.25 related
Schedule J breakdown matched by us
- Base
- $136,216
- Bonus
- $23,728
- Other
- not reported
- Deferred
- $16,447
- Nontaxable benefits
- $18,721
- Filer's total
- $195,112
-
John MaynesJOHN MAYNES
REG. AFFAIRS
- Total calculated
- $185,912
- From this org
- $134,206
- From related orgs
- $0
- Other
- $51,706
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $121,860
- Bonus
- $12,346
- Other
- not reported
- Deferred
- $33,128
- Nontaxable benefits
- $18,578
- Filer's total
- $185,912
-
Chad BeschCHAD BESCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Don BurdDON BURD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Tia EischeidTIA EISCHEID
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Dennis JaegerDENNIS JAEGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Scott MooreSCOTT MOORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Scott RichardsonSCOTT RICHARDSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Jason StaufferJASON STAUFFER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Chris BiellierCHRIS BIELLIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Wade FowlerWADE FOWLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Cara IngleCARA INGLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Steve Kimmes Left Dec 2023STEVE KIMMES LEFT DEC 2023
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Joseph Zietlow Left Dec 2023JOSEPH ZIETLOW LEFT DEC 2023
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Bev Jessen Left Dec 2023BEV JESSEN LEFT DEC 2023
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Nathaniel Doddridge Left Apr 2024NATHANIEL DODDRIDGE LEFT APR 2024
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Keith OlsenKEITH OLSEN
CHAIR
- Total calculated
- $0
- Hours/week
- 0.25
-
Tessa Fahey AndersonTESSA FAHEY ANDERSON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.25
-
Nate LincolnNATE LINCOLN
TREASURER
- Total calculated
- $0
- Hours/week
- 0.25
-
Dave ReifDAVE REIF
IMMEDIATE PA
- Total calculated
- $0
- Hours/week
- 0.25
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- SCHEDULE J, PART III
- PART I, LINE 3: THE CEO IS COMPENSATED BASED ON A WRITTEN EMPLOYMENT AGREEMENT DEVELOPED BY THE RELATED ORGANIZATION'S BOARD OF DIRECTORS.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
IOWA BENEFIT ADMINISTRATORS LLC
PLAN ADMIN · IA · income $791 · assets $8,757
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
RINALLIANCE INC
C CORP · COMPLIANCE · IA · 100% owned · share of income $411,198 · share of assets $3,834,301 · controlled entity
Directly controlled by FUELIOWA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202423189349302907
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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