2023-09-12T09:49:14-05:00 2023-03-31 410746749 CLIFTONLARSONALLEN LLP 404 NORTH HERSHEY RD SUITE A BLOOMINGTON IL 61704 990 2022-04-01 362672126 ILLINOIS FERTILIZER & CHEMICAL ASSOCIATION ILLI 3098272774 14171 CAROLE DRIVE BLOOMINGTON IL 61705 KEVIN JOHNSON PRESIDENT 3098272774 2023-08-30 1 KEVIN JOHNSON 999009999 1 CHRISTOPHER J BUETTNER P00691729 3096624356 2023-08-30 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KEVIN JOHNSON 14171 CAROLE DRIVE BLOOMINGTON IL 61705 1614834 0 X WWW.IFCA.COM X 1966 IL TO ASSIST AND REPRESENT THE CROP PRODUCTION SUPPLY AND SERVICE INDUSTRY AND PROMOTE THE SOUND STEWARDSHIP AND UTILIZATION OF AGRICULTURAL INPUTS. 15 15 5 24 0 0 720094 814254 655255 641064 159007 122266 204446 37250 1738802 1614834 0 0 0 0 646381 714501 0 0 0 641051 827460 1287432 1541961 451370 72873 3608622 3632758 64279 324575 3544343 3308183 TO ASSIST AND REPRESENT THE CROP PRODUCTION SUPPLY AND SERVICE INDUSTRY AND PROMOTE THE SOUND STEWARDSHIP AND UTILIZATION OF AGRICULTURAL INPUTS. 0 0 REGULATORY COMPLIANCE ASSISTANCE: WE PROVIDE ASSISTANCE TO OUR MEMBERS TO HELP THEM COMPLY WITH A MULTITUDE OF FEDERAL AND STATE REGULATIONS PERTAINING TO THE STORAGE, TRANSPORTATION AND APPLICATION OF AGRICHEMICALS AND CROP NUTRIENTS. ADVOCACY: WE ADVOCATE FOR THE INDUSTRY AND SHAPE POLICY ON BEHALF OF THE BEST INTEREST OF OUR MEMBERS. THIS INCLUDES ADVOCACY WITH GOVERNMENT ENTITIES AS WELL AS WITH OTHER AGRICULTURAL ORGANIZATIONS AND RELATED INDUSTRIES THAT INTERACT WITH AGRICULTURE. EDUCATION: WE PROVIDE SAFETY TRAINING AND PROFESSIONAL BUSINESS TRAINING TO OUR MEMBERS AT VARIOUS EVENTS IFCA SPONSORS THROUGHOUT THE CALENDAR YEAR, AND ALSO THROUGH THE PRODUCTION OF WRITTEN AND WEB-BASED EDUCATIONAL MATERIALS. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 1 5 1 0 0 0 0 1 1 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X KEVIN JOHNSON 3098272774 14171 CAROLE DRIVE BLOOMINGTON IL 61705 DARREN DALENBERG DIRECTOR 0.20 X 0 0 0 MIKE HARRISS DIRECTOR 0.20 X 0 0 0 DAVID DOONAN DIRECTOR 0.20 X 0 0 0 JOSH ALLEN VICE CHAIRMAN 0.20 X X 0 0 0 BRYAN FAIRFULL CHAIRMAN 0.20 X X 0 0 0 BOB SPRATT DIRECTOR 0.20 X 0 0 0 DUSTIN EHLER DIRECTOR 0.20 X 0 0 0 NATE PIERCE SECRETARY 0.20 X X 0 0 0 MEG STEWARD FINANCE 0.20 X X 0 0 0 DAVE MYERS DIRECTOR 0.20 X 0 0 0 GREG TAYLOR PAST CHAIRMAN 0.20 X X 0 0 0 PAUL WHITWORTH DIRECTOR 0.20 X 0 0 0 MIKE KOENIGS EXECUTIVE COMMITTEE 0.20 X 0 0 0 LESLIE FORREST EMPLOYEE 40.00 X 110665 0 0 AARON HUNSINGER DIRECTOR 0.20 X 0 0 0 JOHN SWANSON DIRECTOR 0.20 X 0 0 0 JASON SOLBERG EMPLOYEE 40.00 X 0 0 0 KEVIN JOHNSON PRESIDENT 40.00 X 133917 0 0 DAN SCHAEFER EMPLOYEE 40.00 X 123347 0 0 JOHN REBHOLZ EMPLOYEE 40.00 X 125409 0 0 493338 0 0 4 0 0 0 0 263894 550360 814254 OTHER PROGRAMS 900099 213147 213147 CONVENTION 900099 173372 173372 MAI EXPOSITION 900099 170199 170199 SERVICE INCOME 561499 84346 84346 641064 122266 122266 MISCELLANEOUS 900099 37250 37250 37250 1614834 678314 0 122266 632389 59013 23099 17155 11250 18213 60600 91166 8006 8966 90841 46685 21476 DIRECT PROGRAM EXPENSE 325632 RENTAL EXPENSE 51061 EQUIPMENT EXPENSE 49734 DUES & SUBSCRIPTIONS 15715 10960 1541961 614159 124913 5760 8331 22458 7418 289982 156121 120579 133861 2845666 3114300 0 243935 3608622 3632758 3045 19406 61234 305169 64279 324575 X 3506768 3297043 37575 11140 3544343 3308183 3608622 3632758 72873 -309033 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 263894 75694 75694 75694 2148 2148 0 287834 153973 133861 133861 RIGHT OF USE ASSET 243935 243935 DEFERRED COMPENSATION 61234 CURRENT LEASE LIABILITY 24660 NONCURRENT LEASE LIABILITY 219275 305169 X 1287588 -309033 -309033 1596621 18213 18213 1614834 1523748 0 1523748 18213 18213 1541961 PART X, LINE 2: FASB CODIFICATION SECTION 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" REQUIRES ENTITIES TO ANALYZE THE LIKELIHOOD OF DISALLOWANCE OF TAX POSITIONS TAKEN IN RETURNS ALREADY FILED OR TO BE FILED IN THE CASE OF EXAMINATION BY TAXING AUTHORITIES. THIS EVALUATION OF TAX POSITIONS MAY RESULT IN THE RECOGNITION OF ADDITIONAL TAX LIABILITIES OR DERECOGNITION OF CERTAIN TAX ASSETS. IN CONSULTATION WITH THE ASSOCIATION'S TAX ADVISORS, MANAGEMENT HAS CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS AS OF MARCH 31, 2023 AND 2022. THE ASSOCIATION'S INCOME TAX RETURNS ARE OPEN TO EXAMINATION BY TAXING AUTHORITIES FOR THE YEARS ENDED IN 2020, 2021, 2022, AND 2023. RETURNS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THEY HAVE BEEN FILED. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS CLASSES OF MEMBERS WITH APPROXIMATELY 1,100 MEMBERS FOR THE YEAR ENDING ON MARCH 31, 2023. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS HAVE THE AUTHORITY TO ELECT OR APPOINT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B VARIOUS GOVERNANCE DECISIONS OF THE ORGANIZATION ARE SUBJECT TO APPROVAL BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE SENT BY EMAIL TO THE EXECUTIVE COMMITTEE, THEN THE BOARD FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. THE ORGANIZATION REQUIRES EACH BOARD MEMBER TO SIGN A STATEMENT AFFIRMING RECEIPT AND UNDERSTANDING OF THE POLICY AND AGREEMENT TO COMPLY WITH THE POLICY. THE ORGANIZATION ALSO PERIODICALLY REVIEWS WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES WITHOUT PROVIDING INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT, OR EXCESS BENEFIT TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE CONDUCTS AN ANNUAL PERFORMANCE AND SALARY REVIEW FOR THE PRESIDENT. THE BOARD OF DIRECTORS SERVES ON A VOLUNTEER BASIS AND THEREFORE RECEIVES NO COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSEEING THE AUDIT AND SELECTING AN INDEPENDENT AUDITOR HAS NOT CHANGED FROM THE PRIOR YEAR.