Illinois Pork Producers Assoc
- Assets
- $1.8m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 16
- Location
- Springfield, IL
- Founding
- 03/1950
- Data as of
- 12/2023
- EIN
- 37-0810236
Organization Overview
Illinois Pork Producers Assoc is located in Springfield, IL. The organization was established in 1950. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2023, Illinois Pork Producers Assoc employed 16 individuals. This organization is the central organization for a national or regional group of organizations. Illinois Pork Producers Assoc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Illinois Pork Producers Assoc generated $2.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $2.4m during the year ending 12/2023. While expenses have increased by 4.2% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY, PRODUCTION EFFICIENCY, AND PROMOTION OF PORK. REPRESENTATION AND ADVOCACY IN REGULATORY AND POLICY ISSUES AFFECTING THE PORK INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ILLINOIS PORK PRODUCERS PROJECTS - THESE EXPENSES ARE FOR VARIOUS ACTIVITIES THAT PROMOTE THE SALE OF PORK, FARMER IMAGE, AND THE QUALITY AND SAFETY OF PORK PRODUCTS.
ADMINISTRATIVE OPERATING EXPENSES - DISTRIBUTED FOR PERSONNEL, SERVICES AND FACILITY MANAGEMENT.
PROMOTION AND SUPPORT OF AGRICULTURAL RELATED ACTIVITIES - PROMOTIONS CONDUCTED FOR OUR GENERAL MEMBERSHIP AUDIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Leman President | OfficerTrustee | 2 | $2,000 |
Cheryl Walsh President-Elect | OfficerTrustee | 2 | $500 |
Josh Maschhoff Vice President-Treasurer | OfficerTrustee | 2 | $0 |
Jill Brokaw Secretary | OfficerTrustee | 2 | $0 |
Thomas Titus Current Past President | OfficerTrustee | 2 | $3,000 |
Kaylee Hillinger Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $48,103 |
| 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 | $48,103 |
| Total Program Service Revenue | $2,302,552 |
| Investment income | $56,648 |
| 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 | $2,459,995 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $156,927 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $244,452 |
| Pension plan accruals and contributions | $12,206 |
| Other employee benefits | $13,960 |
| Payroll taxes | $30,871 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $80,799 |
| 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 | $81,270 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $72,194 |
| Travel | $31,715 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,533 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,654 |
| Insurance | $0 |
| All other expenses | $12,823 |
| Total functional expenses | $2,355,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $678,619 |
| Savings and temporary cash investments | $876,878 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,367 |
| 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 | $27,931 |
| Net Land, buildings, and equipment | $228,789 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,736 |
| Total assets | $1,840,320 |
| Accounts payable and accrued expenses | $142,307 |
| Grants payable | $0 |
| Deferred revenue | $101,420 |
| 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 | $11,034 |
| Total liabilities | $254,761 |
| Net assets without donor restrictions | $1,585,559 |
| 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 | $1,840,320 |