Iowa Pork Producers Association
- Assets
- $16.4m
- Revenue
- $10.2m
- Investments
- $0.0
- Employees
- 21
- Location
- Clive, IA
- Founding
- 08/1969
- Data as of
- 09/2022
- EIN
- 42-6123593
Organization Overview
Iowa Pork Producers Association is located in Clive, IA. The organization was established in 1969. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 09/2022, Iowa Pork Producers Association employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa Pork Producers Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2022, Iowa Pork Producers Association generated $10.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $7.5m during the year ending 09/2022. While expenses have increased by 1.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Iowa Pork Producers Association has awarded 191 individual grants totaling $16,316,667. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE IOWA PORK PRODUCERS ASSOCIATION IS AN INDUSTRY INCLUSIVE ORGANIZATION WHOSE MISSION IS TO PROVIDE A UNIFIED VOICE TO PROMOTE AND EDUCATE FOR A SUSTAINABLE, SOCIALLY RESPONSIBLE, PROFITABLE, AND GLOBALLY COMPETITIVE PORK INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE IOWA PORK PRODUCERS ASSOCIATION IS AN INDUSTRY INCLUSIVE ORGANIZATION WHOSE MISSION IS TO PROMOTE, EDUCATE AND PROVIDE A LEADING VOICE FOR A SUSTAINABLE, SOCIALLY RESPONSIBLE, AND GLOBALLY COMPETITIVE PORK INDUSTRY.
IOWA PORK CONGRESS - ANNUAL MULTI-DAY EVENT TO ADVANCE EDUCATION AND OPERATING EFFICIENCIES OF PORK PRODUCERS. EVENT INCLUDES DISPLAY BOOTHS FOR PORK RELATED VENDORS AND EDUCATIONAL CLASSES FOR MEMBERS.
IOWA STATE FAIR PORK TENT - PROMOTION OF PORK PRODUCTS THROUGH THE SALE OF PORK ENTREES AT THE IOWA STATE FAIR. PRODUCTS ARE MADE AVAILABLE TO ALMOST ONE MILLION FAIR VISITORS ANNUALLY. EDUCATIONAL DISPLAYS ARE ALSO PROVIDED FOR THE EDUCATION OF FAIR GOERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pat Mcgonegle CEO | 50 | $261,441 | |
Jeff Vandekieft Dir Of Accounting | 50 | $127,737 | |
Joyce Hoppes Consumer Info Dir | 50 | $126,237 | |
Dennis Liljedahl Past President | Officer | 4 | $11,380 |
Mike Paustian Past President | Trustee | 4 | $10,130 |
Kevin Rasmussen President | Officer | 4 | $3,880 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $9,683,458 |
| Investment income | $102,163 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $22,271 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,186,106 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,715,449 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $53,435 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $40,911 |
| Fees for services: Accounting | $13,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $33,096 |
| Information technology | $24,484 |
| Royalties | $0 |
| Occupancy | $92,656 |
| Travel | $33,652 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $89,232 |
| Insurance | $17,848 |
| All other expenses | $1,416,986 |
| Total functional expenses | $7,535,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,089,156 |
| Savings and temporary cash investments | $14,538,507 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,529 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $43,867 |
| Net Land, buildings, and equipment | $611,175 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,952 |
| Total assets | $16,388,186 |
| Accounts payable and accrued expenses | $366,119 |
| Grants payable | $0 |
| Deferred revenue | $30,525 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $408,109 |
| Total liabilities | $804,753 |
| Net assets without donor restrictions | $9,439,931 |
| Net assets with donor restrictions | $6,143,502 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $16,388,186 |
Grants Awarded
Over the last fiscal year, Iowa Pork Producers Association has awarded $1,690,449 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
Ames, IA PURPOSE: RESEARCH | $324,467 |
Ames, IA PURPOSE: AG EDUCATION SUPPORT | $250,000 |
Ankeny, IA PURPOSE: PROJECT SUPPORT | $200,000 |
Des Moines, IA PURPOSE: SUPPORT | $177,500 |
Ames, IA PURPOSE: EDUCATION SUPPORT | $114,832 |
NATIONAL PORK BOARD PURPOSE: PORK PROMOTION | $100,000 |