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← IOWA INSTITUTE FOR COOPERATIVES

Form 990 for tax year 2025

Filed by IOWA INSTITUTE FOR COOPERATIVES.

Totals

Total revenue
$1,286,943
Total expenses
$1,225,471
Contributions and grants received
$87,000
Grants paid
$15,000
Program service revenue
$1,151,028
Investment income
$48,915
Other revenue
$0
Total assets, end of year
$1,067,007
Total liabilities, end of year
$59,896
Net assets or fund balances, end of year
$1,007,111
Program services expenses (Part IX)
$1,225,471
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$1,225,471

Program services were 100.0% 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.

  • 1f · All other contributions, gifts and grants

    $87,000

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $672,850 · related or exempt $672,850

  • 2b · Program service revenue: EDUCATIONAL PROGRAMS

    total $400,385 · related or exempt $400,385

  • 2c · Program service revenue: MEMBER SERVICE INCOME

    total $36,153 · related or exempt $36,153

  • 2d · Program service revenue: MEETINGS & ACTIVITIES

    total $29,640 · related or exempt $29,640

  • 2e · Program service revenue: RENTAL INCOME

    total $12,000 · related or exempt $12,000

  • 3 · Investment income

    total $48,915 · excluded $48,915

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $15,000 · program services $15,000

  • 5 · Compensation of officers, directors and key employees

    total $637,538 · program services $637,538

  • 7 · Other salaries and wages

    total $50,675 · program services $50,675

  • 8 · Pension plan contributions

    total $9,507 · program services $9,507

  • 9 · Other employee benefits

    total $43,050 · program services $43,050

  • 10 · Payroll taxes

    total $41,674 · program services $41,674

  • 11c · Fees: accounting

    total $9,229 · program services $9,229

  • 11d · Fees: lobbying

    total $15,000 · program services $15,000

  • 11g · Fees: other

    total $347 · program services $347

  • 12 · Advertising and promotion

    total $8,939 · program services $8,939

  • 13 · Office expenses

    total $7,250 · program services $7,250

  • 14 · Information technology

    total $17,014 · program services $17,014

  • 16 · Occupancy

    total $8,657 · program services $8,657

  • 17 · Travel

    total $19,451 · program services $19,451

  • 21 · Payments to affiliates

    total $2,675 · program services $2,675

  • 22 · Depreciation, depletion and amortization

    total $12,762 · program services $12,762

  • 23 · Insurance

    total $13,449 · program services $13,449

  • 24a · Other expenses: EDUCATIONAL PROGRAMS

    total $196,792 · program services $196,792

  • 24b · Other expenses: BUILDING & EQUIP MAINTE

    total $52,975 · program services $52,975

  • 24c · Other expenses: MEETINGS OF MEMBERS

    total $40,085 · program services $40,085

  • 24d · Other expenses: STAFF EXPENSES

    total $11,769 · program services $11,769

  • 24e · All other expenses

    total $11,633 · program services $11,633

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $78,423 · end of year $242,046

  • 2 · Savings and temporary cash investments

    beginning of year $503,740 · end of year $407,130

  • 9 · Prepaid expenses and deferred charges

    beginning of year $14,040 · end of year $18,095

  • 10a · Land, buildings and equipment: cost or other basis

    $276,111

  • 10b · Land, buildings and equipment: accumulated depreciation

    $276,111

  • 10c · Land, buildings and equipment, net

    beginning of year $6,709 · end of year $0

  • 13 · Investments: program-related

    beginning of year $384,162 · end of year $389,782

  • 15 · Other assets

    beginning of year $0 · end of year $9,954

  • 17 · Accounts payable and accrued expenses

    beginning of year $26,320 · end of year $22,849

  • 19 · Deferred revenue

    end of year $18,650

  • 25 · Other liabilities

    beginning of year $20,734 · end of year $18,397

  • 27 · Net assets without donor restrictions

    beginning of year $940,020 · end of year $1,007,111

Mission and programs · 2025

Mission

THE OBJECTIVE, POWERS, AND PURPOSES OF THIS ASSOCIATION SHALL BE TO ASSOCIATE THE MEMBERS THEREOF TOGETHER INTO A SOCIETY FOR THE PURPOSE OF PROMOTING THE INTERESTS AND WELFARE OF IOWA COOPERATIVES BY ANY APPROPRIATE MEANS BUT SPECIFICALLY BY ENCOURAGING, (CONTINUE) SPONSORING, PROMOTING, AND CONDUCTING EDUCATIONAL ACTIVITIES DESIGNED TO BRING ABOUT A BETTER UNDERSTANDING OF THE THEORY, PRINCIPLES, PHILOSOPHY, PURPOSES, POSSIBILITIES, AND LIMITATIONS, AND THE ORGANIZATIONAL AND OPERATIONAL METHODS AND PRACTICES THAT ARE DISTINCTIVE OF OR PECULIAR TO THE COOPERATIVE TYPE OF BUSINESS ORGANIZATION, THE OBJECTIVE BEING TO DEVELOP A BETTER UNDERSTANDING OF THE NATURE AND PURPOSE OF COOPERATIVES, SO THAT PEOPLE MIGHT MORE FULLY REALIZE THE BENEFITS AND ADVANTAGES OF COOPERATIVE ACTIVITIES, THAT SOUND PUBLIC POLICIES AND ATTITUDES TOWARD COOPERATIVES MIGHT BE DEVELOPED AND MAINTAINED, AND THAT THE SOUND GROWTH AND DEVELOPMENT OF COOPERATIVES MIGHT BE PROMOTED.

Activities or mission (Part I)

THE OBJECTIVE, POWERS, AND PURPOSES OF THIS ASSOCIATION SHALL BE TO ASSOCIATE THE MEMBERS THEREOF TOGETHER INTO A SOCIETY FOR THE PURPOSE OF PROMOTING THE INTERESTS AND WELFARE OF IOWA COOPERATIVES BY ANY APPROPRIATE MEANS AND TO EDUCATE AND BRING ABOUT A BETTER UNDERSTANDING OF THE COOPERATIVE TYPE OF BUSINESS.

  • COOPERATIVES PROVIDE A PROVEN BUSINESS MODEL THAT HAS FOSTERED ECONOMIC PROGRESS IN IOWA FOR DECADES. THE IOWA INSTITUTE FOR COOPERATIVES (IIC) HAS BEEN LIGHTING THE WAY FOR COOPERATIVES ACROSS THE STATE SINCE 1951.OUR MEMBERS COME FROM A VARIETY OF INDUSTRIES, INCLUDING AGRICULTURE, CREDIT UNIONS, RURAL ELECTRIC, RURAL TELEPHONE, FARM CREDIT, PETROLEUM, AND MORE. WE DEVELOP EDUCATIONAL AND TRAINING PROGRAMS FOR OUR MEMBERS, PROVIDE TIMELY NEWS UPDATES, AND GUIDE LEGISLATIVE ACTIONS THAT BUILD UPON THE STRENGTH OF THE COOPERATIVE SYSTEM. WE ALSO PROMOTE NEW COOPERATIVE DEVELOPMENT AND VALUE-ADDED PRODUCTION.COOPERATIVES ALSO RELY ON US FOR SPECIAL PROJECTS, INCLUDING:(CONTINUE) - ASSISTANCE WITH BOARD RETREATS, LONG-RANGE PLANNING, MERGERS, CONSOLIDATIONS, ACQUISITIONS, AND CORPORATE RESTRUCTURING. - RESOURCES TO HELP DEVELOP NEW COOPERATIVES, INCLUDING INITIAL START-UP PLANS, FEASIBILITY STUDIES, PROJECT COORDINATION, AND RESULTS ANALYSIS. - COOPERATIVE BENCHMARKING THAT PROVIDES TIMELY UPDATES TO FINANCIAL PERFORMANCE BENCHMARKS FOR GRAIN AND FARM SUPPLY COOPERATIVES THROUGHOUT THE MIDWEST.

    Expenses $1,225,471 · Revenue $1,151,028

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Doyle Anderson

    PRESIDENT

    Total calculated
    $1,450
    From this org
    $1,450
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.6 + 0.2 related

  • Brian Larsen

    VICE PRESIDENT

    Total calculated
    $1,200
    From this org
    $1,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.6 + 0.2 related

  • Dan Dietzenbach

    SECRETARY

    Total calculated
    $1,250
    From this org
    $1,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.6 + 0.2 related

  • Ed Anderson

    DIRECTOR

    Total calculated
    $800
    From this org
    $800
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.6 + 0.2 related

  • Jake Williams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.6 + 0.2 related

  • Wil Manweiler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.6 + 0.2 related

  • Cozy Nelsen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.6 + 0.2 related

  • Taylor Jans

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.6 + 0.2 related

  • Jason Berkland

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.6 + 0.2 related

  • Greg Hanshaw

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.6 + 0.2 related

  • Levi Bappe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.6 + 0.2 related

  • Jerry Keleher

    DIRECTOR

    Total calculated
    $1,000
    From this org
    $1,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.6 + 0.2 related

  • Jen McCubbin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.6 + 0.2 related

  • Dr Bobby Martens

    EXECUTIVE DIRECTOR

    Total calculated
    $314,673
    From this org
    $291,292
    From related orgs
    $0
    Other
    $23,381
    Hours/week
    40 + 0.2 related

    Schedule J breakdown matched by us

    Base
    $291,292
    Bonus
    $0
    Other
    $0
    Deferred
    $22,186
    Nontaxable benefits
    $1,195
    Filer's total
    $314,673

  • Matthew Eddy

    DIRECTOR OF COOPERATIVE DEVELOPMENT

    Total calculated
    $201,789
    From this org
    $187,222
    From related orgs
    $0
    Other
    $14,567
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,222
    Bonus
    $0
    Other
    $0
    Deferred
    $14,567
    Nontaxable benefits
    $0
    Filer's total
    $201,789

  • Megan Carlson

    LEGISLATIVE DIRECTOR

    Total calculated
    $115,376
    From this org
    $109,467
    From related orgs
    $0
    Other
    $5,909
    Hours/week
    40

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 · 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

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • IOWA COOPERATIVE FOUNDATION

    501(C)(3) · TO CARRY OUT THE CHARITABLE PURPOSE OF THE IA INSTITUTE FOR COOPS. · IA · controlled entity

    Directly controlled by IOWA INSTITUTE FOR COOPERATIVES

Provenance

Return type
form_990
Tax year
2025
Filed
24 August 2026
IRS schema version
2025v4.2
Source object
202632369349300218

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