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Filing year 2023

IOWA CORN PROMOTION BOARD

Johnston, Iowa·EIN 42-1113939·501(c)(5)
Total revenue
$22.9M
Total assets
$22.7M
Total expenses
$29M
Reported officers
15
Mission

THE IOWA CORN PROMOTION BOARD WORKS TO DEVELOP AND DEFEND MARKETS, FUND RESEARCH, AND PROVIDE EDUCATION ABOUT CORN AND CORN PRODUCTS. THE ORGANIZATION'S MISSION IS TO CREATE OPPORTUNITIES FOR LONG TERM IOWA CORN GROWER PROFITABILITY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Chief Executive Officer
Above 90th percentile
$559k
$618k
Base
$459k
Bonus
$23k
Other
$8k
Benefits
$32k
VP of Finance & Ops (until 7/24)
Vice President
Above 90th percentile
$268k
$296k
Base
$207k
Bonus
$19k
Other
Benefits
$22k
Chair
Board Chair
10th to 25th percentile
$5k
$6k
Vice President
10th to 25th percentile
$5k
$5k
President
Below 10th percentile
$4k
$5k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$2k
$3k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
Below 10th percentile
$1k
$1k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Up 6%
from 2022

From $526k in 2022 to $559k in 2023.

$526k
2022
$559k
2023
In today's dollarsEst.
Up 2% in real terms$604k to $618k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 6% from 2022 to 2023, while revenue rose 6%.

$526k in 2022 to $559k in 2023.
  • Vice President pay rose 5610% from 2022 to 2023.
  • Board Chair pay rose 41% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

IOWA CORN PROMOTION BOARD reported revenue and expenses across 2 filing years.

RevenueExpenses
$21.6M
$21.9M
2022
$22.9M
$29M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about IOWA CORN PROMOTION BOARD

What does the Chief Executive Officer of IOWA CORN PROMOTION BOARD earn?

In 2023, the Chief Executive Officer of IOWA CORN PROMOTION BOARD received $559,036 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at IOWA CORN PROMOTION BOARD compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at IOWA CORN PROMOTION BOARD falls in the top 10%.

What are IOWA CORN PROMOTION BOARD's revenue and expenses?

In 2023, IOWA CORN PROMOTION BOARD reported $22.9M in total revenue and $29M in total expenses on its IRS Form 990.

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