ILLINOIS CROP IMPROVEMENT ASSOCIATION INC

EIN: 370343385

CHAMPAIGN, IL

Total Revenue
$5,422,737
Total Expenses
$5,111,293
Total Assets
$5,259,974
Net Assets
$4,591,675
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1922
Legal Domicile
IL
Principal Officer
DOUG MILLER
Phone
2173594053
Tax Period
2024-04-01 to 2025-03-31

ILLINOIS CROP IMPROVEMENT ASSOCIATION INC, founded in 1922, is a community nonprofit that reported $5.4M in total revenue in fiscal year 2024. Expenses of $5.1M left a modest 6% surplus.

Mission

THE ASSOCIATION'S PRIMARY EXEMPT PURPOSE IS TO PROMOTE THE INTEREST OF AGRICULTURE IN THE STATE OF ILLINOIS BY PROVIDING A BROAD PORTFOLIO OF THIRD-PARTY SERVICES TO THE AGRI-FOOD INDUSTRY, WHICH INCLUDES, BUT NOT LIMITED TO, SEED, FEED AND FOOD. THE OBJECTIVE SHALL BE ACCOMPLISHED BY EITHER ACTING INDEPENDENTLY OR IN COOPERATION WITH OTHER ENTITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $12,480
Program Service Revenue $5,236,779
Investment Income $103,029
Other Revenue $70,449
TOTAL REVENUE $5,422,737

Expense Breakdown

Grants Paid $200
Salaries & Benefits $3,039,381
Fundraising Expenses $0
Other Expenses $2,071,712
TOTAL EXPENSES $5,111,293

Year-over-Year Comparison

2024 2023 Change
Revenue $5,422,737 $5,599,425 0.0%
Expenses $5,111,293 $5,181,183 0.0%
Net Income $311,444 $418,242 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
93
Volunteers
11

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$138,001
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DALE WEHMEYER DIRECTOR 1.00
Director
$0 $0 $0
DOUG BAIRD DIRECTOR 1.00
Director
$0 $0 $0
JEREMY THOMPSON DIRECTOR 1.00
Director
$0 $0 $0
JOHN WIDICK TREASURER 1.00
Officer Director
$0 $0 $0
KEN MARTIN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MARK PUZEY DIRECTOR 1.00
Director
$0 $0 $0
MIKE VANAUSDOLL DIRECTOR 1.00
Director
$0 $0 $0
NELS KASEY DIRECTOR 1.00
Director
$0 $0 $0
PHIL JORDAN DIRECTOR 1.00
Director
$0 $0 $0
RANDY WILKEN PRESIDENT 1.00
Officer Director
$0 $0 $0
RYAN WHITE SECRETARY 1.00
Officer Director
$0 $0 $0
DOUG MILLER CEO 40.00
Officer
$126,749 $11,252 $138,001
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $5,422,737 $5,111,293 $5,259,974 $311,444
2024 $5,599,425 $5,181,183 $4,806,694 $418,242
2023 $4,755,425 $4,313,988 $4,300,071 $441,437
2022 $4,780,035 $4,123,336 $3,787,819 $656,699
2021 $4,036,846 $3,694,200 $3,361,163 $342,646
2020 $3,791,008 $3,755,506 $2,662,685 $35,502
2019 $3,483,089 $3,527,942 $2,733,777 $-44,853
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