Missouri Corn Merchandising Council
- Assets
- $10.7m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 13
- Location
- Jefferson City, MO
- Founding
- 03/1987
- Data as of
- 09/2021
- EIN
- 43-1359257
Organization Overview
Missouri Corn Merchandising Council is located in Jefferson City, MO. The organization was established in 1987. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 09/2021, Missouri Corn Merchandising Council employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Missouri Corn Merchandising Council is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2021, Missouri Corn Merchandising Council generated $5.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $4.6m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Missouri Corn Merchandising Council has awarded 29 individual grants totaling $13,156,260. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSOURI CORN MERCHANDISING COUNCIL IS A PRODUCER ELECTED ORGANIZATION OF CORN GROWERS DEDICATED TO THE PROFITABILITY OF CORN PRODUCTION BY INVESTING CHECKOFF DOLLARS IN DEVELOPMENT AND EXPANSION OF CORN MARKETS; FACILITATING COMMUNICATION WITH GROWERS; CUSTOMERS; AND UTILIZATION RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION - TO INCREASE THE PROFITABILITY OF CORN PRODUCTION BY DEVELOPING AND EXPANDING CORN MARKETS, COLLECTING AND DISTRIBUTING INFORMATION, BUILDING COALITIONS WITH ORGANIZATIONS AND INDUSTRIES; WORK ON KEY AGRICULTURAL ISSUES SUCH AS INCREASING THE MARKET FOR ETHANOL; EDUCATE BOTH FARMERS AND CONSUMERS ABOUT THE AGRICULTURAL INDUSTRY
NATIONAL CORN GROWERS ASSOCIATION - CREATE AND INCREASE OPPORTUNITIES FOR CORN GROWERS
US GRAINS COUNCIL - CREATE AND INCREASE OPPORTUNITIES FOR CORN GROWERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Marshall Former CEO | Officer | 40 | $352,889 |
Bradley Schad CEO | Officer | 40 | $116,113 |
Mike Moreland Board Member | OfficerTrustee | 5 | $0 |
Brent Hoerr Vice Chairman | OfficerTrustee | 0 | $0 |
Jay Fischer Board Member | OfficerTrustee | 7 | $0 |
Dylan Rosier Secretary | Trustee | 0 | $0 |
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 | $12,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,500 |
| Total Program Service Revenue | $5,222,255 |
| Investment income | $19,422 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $56,689 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,612,300 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,963,000 |
| Grants and other assistance to domestic individuals. | $7,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $518,913 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $495,704 |
| Pension plan accruals and contributions | $27,322 |
| Other employee benefits | $52,944 |
| Payroll taxes | $51,564 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,988 |
| Fees for services: Accounting | $40,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $534,820 |
| Advertising and promotion | $62,692 |
| Office expenses | $68,936 |
| Information technology | $14,840 |
| Royalties | $0 |
| Occupancy | $63,288 |
| Travel | $153,434 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,447 |
| Interest | $301 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $90,603 |
| Insurance | $4,401 |
| All other expenses | $76,469 |
| Total functional expenses | $4,628,283 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,767,404 |
| Pledges and grants receivable | $24,990 |
| Accounts receivable, net | $276,558 |
| 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 | $0 |
| Net Land, buildings, and equipment | $394,185 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $222,164 |
| Total assets | $10,685,301 |
| Accounts payable and accrued expenses | $571,093 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $3 |
| Total liabilities | $571,096 |
| Net assets without donor restrictions | $10,114,205 |
| Net assets with donor restrictions | $0 |
| 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 | $10,685,301 |
Grants Awarded
Over the last fiscal year, Missouri Corn Merchandising Council has awarded $1,963,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: MARKET DEVELOPMENT | $752,000 |
Jefferson City, MO PURPOSE: EDUCATION AND RESEARCH | $700,000 |
Chesterfield, MO PURPOSE: MARKET DEVELOPMENT | $511,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Corn Growers Association Chesterfield, MO | $16,422,383 | $19,831,099 |
Midwest Oper Engineers Construction Industry Research & Serv Tr Fund Countryside, IL | $12,085,029 | $17,769,884 |
Illinois Soybean Board Bloomington, IL | $24,441,630 | $21,800,549 |
Arkansas Farm Bureau Federation Little Rock, AR | $66,846,371 | $16,311,552 |
Food Export Association Of The Midwest Usa Chicago, IL | $3,109,779 | $15,548,836 |
Illinois Corn Marketing Board Bloomington, IL | $11,624,886 | $11,889,515 |
Kentucky Farm Bureau Federation Louisville, KY | $26,799,792 | $14,351,168 |
Illinois Farm Business Farm Management Association Urbana, IL | $13,036,050 | $15,163,165 |
Kansas Farm Bureau Manhattan, KS | $113,719,164 | $13,754,272 |
Tennessee Farm Bureau Federation Columbia, TN | $127,985,651 | $12,173,337 |
National Snaffle Bit Association Inc Gurnee, IL | $5,863,990 | $6,575,627 |
Seed Savers Exchange Inc Decorah, IA | $8,340,832 | $6,859,116 |