Indiana Pork Producers Association Inc
- Assets
- $2.7m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 5
- Location
- Indianapolis, IN
- Founding
- 07/1954
- Data as of
- 12/2022
- EIN
- 35-1137307
Organization Overview
Indiana Pork Producers Association Inc is located in Indianapolis, IN. The organization was established in 1954. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2022, Indiana Pork Producers Association Inc employed 5 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Indiana Pork Producers Association Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Indiana Pork Producers Association Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $2.0m during the year ending 12/2022. While expenses have increased by 1.6% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO REPRESENT THE INTEREST OF THE INDIANA PORK INDUSTRY THROUGH PROMOTING ITS PRODUCT, RESEARCH INTO BETTER METHODS OF PRODUCTION, ENCOURAGING ENVIRONMENTAL STEWARDSHIP, AND TRAINING AND DEVELOPING PRODUCERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRODUCT MARKETING FUNCTION WORKS TO DEVELOP POSITIVE ATTITUDES ABOUT PORK AND ITS USAGE WITH THE GOAL OF INCREASING DEMAND. TARGET GROUPS INCLUDE YOUTH, FOOD SERVICE PERSONNEL, HEALTHCARE PROVIDERS, AND RETAIL MERCHANDISERS.
OTHER ACTIVITIES PROMOTE IMPROVEMENTS IN PORK PRODUCTION TECHNIQUES, THE USE OF PORK PRODUCTS, AND PRODUCER AWARENESS OF LAWS AND REGULATIONS THAT IMPACT THEIR OPERATIONS.
INDUSTRY RELATIONS ACTIVITIES CREATE UNITY WITHIN THE INDUSTRY ANDINVOLVES THEM IN LEADERSHIP DEVELOPMENT AND OTHER ACTIVITIES WITHIN THE ASSOCIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Brian President | OfficerTrustee | 1 | $0 |
Tharp Nick Vice President | OfficerTrustee | 1 | $0 |
Johnson Mark Secretary | OfficerTrustee | 1 | $0 |
Baldwin Joe Inpac Chair | OfficerTrustee | 1 | $0 |
Ebert Ed Director | Trustee | 1 | $0 |
Fledderman Tyler Director | Trustee | 1 | $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 | $110,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,000 |
| Total Program Service Revenue | $2,154,204 |
| Investment income | $4,463 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,282,696 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $85,813 |
| 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. | $168,112 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $325,844 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,202 |
| Payroll taxes | $31,173 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,474 |
| Fees for services: Accounting | $56,242 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $87,362 |
| Advertising and promotion | $273,902 |
| Office expenses | $41,183 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $79,131 |
| Travel | $81,432 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $60,098 |
| Interest | $478 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,113 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,996,428 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,326,798 |
| Savings and temporary cash investments | $1,068,741 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $216,145 |
| 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 | $20,583 |
| Net Land, buildings, and equipment | $783 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $112,933 |
| Total assets | $2,745,983 |
| Accounts payable and accrued expenses | $109,250 |
| Grants payable | $0 |
| Deferred revenue | $29,890 |
| 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 | $113,339 |
| Total liabilities | $252,479 |
| Net assets without donor restrictions | $2,493,504 |
| 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 | $2,745,983 |