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Filing year 2024

IOWA INSTITUTE FOR COOPERATIVES

Ames, Iowa·EIN 42-0711488·6
Total revenue
$1.1M
Total assets
$987k
Total expenses
$1.2M
Reported officers
17
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.

Executive compensation, broken down

Form 990 · Schedule J · 6 reported individuals · Filing year 2024

Executive Director (former)
$306k
$330k
Base
$275k
Bonus
Other
Benefits
$11k
Director of Cooperative Development
$152k
$164k
Base
$152k
Bonus
Other
Benefits
Secretary
officer (unspecified)
$2k
$2k
Director
board member
$2k
$2k
Director
board member
$2k
$2k

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 11 unpaid individuals.

Up 23%
from 2023

From $250k in 2023 to $306k in 2024.

$250k
2023
$306k
2024
In today's dollarsEst.
Up 19% in real terms$276k to $330k

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 INSTITUTE FOR COOPERATIVES reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.1M
$998k
2023
$1.1M
$1.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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