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Filing year 2023

IOWA CORN PROMOTION BOARD

Johnston, Iowa·EIN 42-1113939·5
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 · Schedule J · 10 reported individuals · Filing year 2023

Chief Executive Officer
$559k
$618k
Base
$459k
Bonus
$23k
Other
$8k
Benefits
$32k
VP of Finance & Ops (until 7/24)
vice president
$268k
$296k
Base
$207k
Bonus
$19k
Other
Benefits
$22k
Chair
board chair
$5k
$6k
Vice President
vice president
$5k
$5k
Director
board member
$3k
$3k
Director
board member
$2k
$3k
Director
board member
$2k
$2k
Director
board member
$2k
$2k
Director
board member
$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.

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.
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