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IOWA INSTITUTE FOR COOPERATIVES

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Public IRS 990 nonprofit record

IOWA INSTITUTE FOR COOPERATIVES

EIN 42-0711488 · Education (B)

What they do

THE OBJECTIVE, POWERS, and PURPOSES of THIS ASSOCIATION SHALL BE to ASSOCIATE THE MEMBERS THEREOF TOGETHER INTO A SOCIETY for THE PURPOSE of PROMOTING THE INTERESTS and WELFARE of IOWA COOPERATIVES BY ANY APPROPRIATE MEANS BUT SPECIFICALLY BY ENCOURAGING, (CONTINUE) SPONSORING, PROMOTING, and CONDUCTING EDUCATIONAL ACTIVITIES DESIGNED to BRING ABOUT A BETTER UNDERSTANDING of THE THEORY, PRINCIPLES, PHILOSOPHY, PURPOSES, POSSIBILITIES, and LIMITATIONS, and THE ORGANIZATIONAL and OPERATIONAL METHODS and PRACTICES THAT ARE DISTINCTIVE of or PECULIAR to THE COOPERATIVE TYPE of BUSINESS ORGANIZATION, THE OBJECTIVE BEING to DEVELOP A BETTER UNDERSTANDING of THE NATURE and PURPOSE of COOPERATIVES, SO THAT PEOPLE MIGHT MORE FULLY REALIZE THE BENEFITS and ADVANTAGES of COOPERATIVE ACTIVITIES, THAT SOUND PUBLIC POLICIES and ATTITUDES TOWARD COOPERATIVES MIGHT BE DEVELOPED and MAINTAINED, and THAT THE SOUND GROWTH and DEVELOPMENT of COOPERATIVES MIGHT BE PROMOTED.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

107.46%of revenue went to mission work100.0% of expenses · Program services
$107.46spent for every $100 of revenueSpending was higher than revenue this year.
$0.85in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $80,590 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $306,313 for DAVE HOLM (EXECUTIVE DIRECTOR (FORMER)). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,080,289
Mission workProgram services$1,160,879107.46% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$1,160,879107.46% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 107.46% of revenue
2023Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 90.90% of revenue
2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 94.78% of revenue
2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 86.37% of revenue
2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 101.18% of revenue
2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 98.68% of revenue
2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 97.85% of revenue
2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 97.03% of revenue

Money in and money out

Revenue$1,080,289
Expenses$1,160,879
Annual shortfall $80,590 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,160,879 · 100.0% of expenses
See all reported dollar amounts
Revenue$1,080,289
Expenses$1,160,879
Assets$987,074
Income$1,080,289
Mission work (program services)$1,160,879
Grants given$70,000
Average grant$10,000
Accounting fees$7,579
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
DAVE HOLMEXECUTIVE DIRECTOR (FORMER) · 40 hrs/week $306,313Base $275,316 · Other $30,997
MATTHEW EDDYDIRECTOR OF COOPERATIVE DEVELOPMENT · 40 hrs/week $152,025
DOYLE ANDERSONPRESIDENT · 1 hrs/week $2,250
DAN DIETZENBACHSECRETARY · 1 hrs/week $2,050
ED ANDERSONDIRECTOR · 1 hrs/week $1,800
BRIAN LARSENDIRECTOR · 1 hrs/week $1,800

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

DAVE HOLMEXECUTIVE DIRECTOR (FORMER)

MATTHEW EDDYDIRECTOR OF COOPERATIVE DEVELOPMENT

DOYLE ANDERSONPRESIDENT

DAN DIETZENBACHSECRETARY

ED ANDERSONDIRECTOR

BRIAN LARSENDIRECTOR

GREG HANSHAWDIRECTOR

WIL MANWEILERDIRECTOR

TERRY PANBECKERVICE PRESIDENT

TAYLOR JANSDIRECTOR

LEVI BAPPEDIRECTOR

JERRY KELEHERDIRECTOR

JASON BERKLANDDIRECTOR

JAKE WILLIAMSDIRECTOR

DR BOBBY MARTENSEXECUTIVE DIRECTOR (CURRENT)

COZY NELSENDIRECTOR

BRIAN THILGESDIRECTOR

About this charity

Recognized since
January 1952
Location
2515 UNIVERSITY BLVD, AMES, IA 50010
County
Story
In care of
DR BOBBY MARTENS
Primary officer
DR BOBBY MARTENS, EXECUTIVE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
June 1, 2024
Return type
990
Tax preparer
GARDINER COMPANY PC
NTEE classification
Education (B)
IRS tax category
Education
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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