GRO WING 2020 Corn SEASONS Check-Off REMA IN Annual Financials Illinois Corn Marketing Board Bloomington, Illinois. Year Ended September 30, 2020 Statement of Financial Position Report PEPSICO BÔNGE Unleaded 88/E-15 Lnleaded 88 aho knownas EIs, continues to see hgher rates of adoption actoss the country. Dvers are loggng more miles on te cleaner bumng cheaper fuel while s enjoying the same fuel eficiency. while using five percert more ethanol companed to the standard to percent might not seem ke abig deal, even the sightest inccrease of ethanol uage don wonders for com demand To capitakre on thes expanding market, IL Com.colaborated with other com stane organiations to produce an Unleaded 88 advertisement to encourage consumers to adopt the newfuet The commercial ars on the big Ten Network dung basketal, footbal and other sports contests. ASSETS CURRENT ASSETS Cosh and Cash tquivelents EDFE 145 Conservation Precon Comevation Maragement (PCM) contrues togrow while shining aght on faners ability to be a soluton to cmate change and ore adstional nutnentsin the sol, nos Soybean Assocation(SA)joned Cornto expandregons in inos to the north, west and south, The partnentip with SA d double the farmers andaces we can work with. This expansion wi alow more tarmers access to the resources PCM han. Their workis aho beng recognced on the national level, PCMreceived the 20a0 field to Maket: Colaborator of the Year award for their work with Pepsico, Bunge and other companies to gain com farmers a seat at the table when it comes to carbon credits and suntainably grows food vestmenti vestments Designeted for Contingency Accounts Recelvoble Related party Other Accrued nterest Reoevable 500.000 Congranlations Pciim Conern anagemant vatn P 200 Cellaboration ef the Yr 23.690 Prepad ent Prepaid Coneributiont Prepaid eperses das tital nt Asets 395 NONCLARINT NVESTMINTS Long term investments Prepid ere 20AS total hon-Cumetvestments so4k PROPERTY AND EQUPMENT Bboard Ofce Fumture ond Eouoment Feld topment xports Eport markets are vtal to nos com famers. The inos Com Marketing Bordis an important memberin the US Crans Counotandannualy funds projects to help grow and mantain international markets for com and com co products. nos famers overcame socal d hosted avetuat farm tour with food industry business leaders rom South Korea and Mesce along withUS. Cans Counol vepresentatives Shortly after the tour, leaders fhom South Korna announced therintention to bay 35 mlon tushels of US. com ating the qualty of our oop as a man purchasing Les Accumalsted Drpreciation TOTAL ASSETS dstancing and LIABILITIES AND NET ASSETS CURRENT LIABITES Due to Related arty Expenses Accrued end Peyable Livestock Markets Despite adverse economic condtionn due to the pandem. nos Com Marketing hoard continued to pport the Unted Sates Meat Eeport Federation and the USA Poulery and Egg taport Counci. Meat consunpton dives alot of com demand andboth goupsam to expandmarkets by developing relationships and showcasing the qualty of our product with foreign cournes, Red meat producton set a record high this past October magtyng the need to finda teme for al thi meat whether n the Unted States or abroa 254 J.000 Deferied Reverur Contributions Paystie deciion Total Cumemt Labn syoty LONG TERM LUABLIThes Contributions Payobleong term ET ASSETS Wthoue Donor Restrictions TOTAL LIABILITIES AND NET ASSETS 7 STATEMENT OF ACTIVITIES OHANGES INUNESSTRCTDNET ASSETrs Operating Revenue ond Other Support Check o keceipts, Net of first Purchater Handing Commission tess Checkoff Retunds to Producers Net Check o Reoeipts Project Cofunding Revenue Teal eestricted Operng everue and Sapport sIua.ogs WE ARE linois corn farmers. linois Corn Marketing Board List of Directors District Pat Dumoulin, Hampshire District a Jon Rosenstiel, Peart City District Rob Eiott, Cameron OPERATING EENSES Program Services Industridl Programe Export Progams Communications Plan Esecutive rogams 7809.4 Total Program Services 4s0s District 4: Mark Wison, Toulon tect e Pau Jeschke, Mabon District s Management and Gemeral Expenses total Operating Expemun 9SS District 6: Dirk Rice, Phlo District 7 Jim Reed, Deland District 8: Mike Wurmnest, Deer Creek District g: Dan Cole, Plainville Extess (Dedcenoy) of Ooerating Reverue and Support NONOPERATING REVEMES (ENSES -12 nterest ncome CREOGOALS District e hompson, Frank District eni, Serasburg Unrelaed Gan (os) on westments Other District to: Tim :Tim Totat Non-opering Reverues (opere) sa90s 12: Roger Sy, Newman District : Matt Raben, Carmi District : Dale Haudrich, Waterloo District s Jeff Scates, Shawneetown Increase (Decrease) in Net Assets Consumer Outreach Bnos Farm famlies, a coaltion of the comemodity goupsinthe state and inois Fam Bure contied ther work telling farmers stories ina popular docuseries, Innovation Grows here. Some of the videos created indude topics such as bioplastics, benefts of cover crops and what farmers are doing to help polinators. Adationall.ahighight ofthe yearwas when our commercial ared on local Vmariets in St. Lous. Sprngteld, Peoria, Roclord and the Quad Cites dung the National Footbal Championshp. Branded as com's anthen video. the ad featured an inos fam family and showcased how important the crop is to our overall state's economy. NET ASSETS AT BEGINNING OF YEAR 12,7 NET ASSETS AT END OF YEAR Illinois Corn Marketing Board Learn More at ilcorn.org GRO WING 2020 Corn SEASONS Check-Off REMA IN Annual Financials Illinois Corn Marketing Board Bloomington, Illinois. Year Ended September 30, 2020 Statement of Financial Position Report PEPSICO BÔNGE Unleaded 88/E-15 Lnleaded 88 aho knownas EIs, continues to see hgher rates of adoption actoss the country. Dvers are loggng more miles on te cleaner bumng cheaper fuel while s enjoying the same fuel eficiency. while using five percert more ethanol companed to the standard to percent might not seem ke abig deal, even the sightest inccrease of ethanol uage don wonders for com demand To capitakre on thes expanding market, IL Com.colaborated with other com stane organiations to produce an Unleaded 88 advertisement to encourage consumers to adopt the newfuet The commercial ars on the big Ten Network dung basketal, footbal and other sports contests. ASSETS CURRENT ASSETS Cosh and Cash tquivelents EDFE 145 Conservation Precon Comevation Maragement (PCM) contrues togrow while shining aght on faners ability to be a soluton to cmate change and ore adstional nutnentsin the sol, nos Soybean Assocation(SA)joned Cornto expandregons in inos to the north, west and south, The partnentip with SA d double the farmers andaces we can work with. This expansion wi alow more tarmers access to the resources PCM han. Their workis aho beng recognced on the national level, PCMreceived the 20a0 field to Maket: Colaborator of the Year award for their work with Pepsico, Bunge and other companies to gain com farmers a seat at the table when it comes to carbon credits and suntainably grows food vestmenti vestments Designeted for Contingency Accounts Recelvoble Related party Other Accrued nterest Reoevable 500.000 Congranlations Pciim Conern anagemant vatn P 200 Cellaboration ef the Yr 23.690 Prepad ent Prepaid Coneributiont Prepaid eperses das tital nt Asets 395 NONCLARINT NVESTMINTS Long term investments Prepid ere 20AS total hon-Cumetvestments so4k PROPERTY AND EQUPMENT Bboard Ofce Fumture ond Eouoment Feld topment xports Eport markets are vtal to nos com famers. The inos Com Marketing Bordis an important memberin the US Crans Counotandannualy funds projects to help grow and mantain international markets for com and com co products. nos famers overcame socal d hosted avetuat farm tour with food industry business leaders rom South Korea and Mesce along withUS. Cans Counol vepresentatives Shortly after the tour, leaders fhom South Korna announced therintention to bay 35 mlon tushels of US. com ating the qualty of our oop as a man purchasing Les Accumalsted Drpreciation TOTAL ASSETS dstancing and LIABILITIES AND NET ASSETS CURRENT LIABITES Due to Related arty Expenses Accrued end Peyable Livestock Markets Despite adverse economic condtionn due to the pandem. nos Com Marketing hoard continued to pport the Unted Sates Meat Eeport Federation and the USA Poulery and Egg taport Counci. Meat consunpton dives alot of com demand andboth goupsam to expandmarkets by developing relationships and showcasing the qualty of our product with foreign cournes, Red meat producton set a record high this past October magtyng the need to finda teme for al thi meat whether n the Unted States or abroa 254 J.000 Deferied Reverur Contributions Paystie deciion Total Cumemt Labn syoty LONG TERM LUABLIThes Contributions Payobleong term ET ASSETS Wthoue Donor Restrictions TOTAL LIABILITIES AND NET ASSETS 7 STATEMENT OF ACTIVITIES OHANGES INUNESSTRCTDNET ASSETrs Operating Revenue ond Other Support Check o keceipts, Net of first Purchater Handing Commission tess Checkoff Retunds to Producers Net Check o Reoeipts Project Cofunding Revenue Teal eestricted Operng everue and Sapport sIua.ogs WE ARE linois corn farmers. linois Corn Marketing Board List of Directors District Pat Dumoulin, Hampshire District a Jon Rosenstiel, Peart City District Rob Eiott, Cameron OPERATING EENSES Program Services Industridl Programe Export Progams Communications Plan Esecutive rogams 7809.4 Total Program Services 4s0s District 4: Mark Wison, Toulon tect e Pau Jeschke, Mabon District s Management and Gemeral Expenses total Operating Expemun 9SS District 6: Dirk Rice, Phlo District 7 Jim Reed, Deland District 8: Mike Wurmnest, Deer Creek District g: Dan Cole, Plainville Extess (Dedcenoy) of Ooerating Reverue and Support NONOPERATING REVEMES (ENSES -12 nterest ncome CREOGOALS District e hompson, Frank District eni, Serasburg Unrelaed Gan (os) on westments Other District to: Tim :Tim Totat Non-opering Reverues (opere) sa90s 12: Roger Sy, Newman District : Matt Raben, Carmi District : Dale Haudrich, Waterloo District s Jeff Scates, Shawneetown Increase (Decrease) in Net Assets Consumer Outreach Bnos Farm famlies, a coaltion of the comemodity goupsinthe state and inois Fam Bure contied ther work telling farmers stories ina popular docuseries, Innovation Grows here. Some of the videos created indude topics such as bioplastics, benefts of cover crops and what farmers are doing to help polinators. Adationall.ahighight ofthe yearwas when our commercial ared on local Vmariets in St. Lous. Sprngteld, Peoria, Roclord and the Quad Cites dung the National Footbal Championshp. Branded as com's anthen video. the ad featured an inos fam family and showcased how important the crop is to our overall state's economy. NET ASSETS AT BEGINNING OF YEAR 12,7 NET ASSETS AT END OF YEAR Illinois Corn Marketing Board Learn More at ilcorn.org