Illinois Corn Marketing Board acMB) Financial Statement IL Corn Marketing Board Bloomington, IL. - Year Ended September 30, 2021 2021 Checkoff Success ILCORN MARKETING BOARD STATEMENT OF FINANCIAL POSITION 1 2 Aset Cuee A Cash and cash oquivalents (Nete ) Inland Waterways Awareness Reaching Non-Farmers avestments Accts Roccivable Ralad pny ICMB supports and investod in a large linois Com Marketing Board is one of several RAT Oher 12 groups who continues to imvest in lilinois Farm hepaid Ret (Note Z) Propaid cupenne Acerved lesre Reoivle Teal cure Waterways Council Ine. marketing 70% OF LOCKS ARE PAST THEIR 50-YEAR DESIGN LIFE. Families belping to educate the Chicago area. ILLINOIS 15A campaign to educate the importance of 2021 research shows that the FARM campaign is working and the Long-term lavestt Propeny and equipenent, net Lengterm Prepaid Rem Total asta inland waterways The US. inland 1244 Innovation Grows Here' docu-series FAMILIES waterways system saves betwen 57-59 has received 3 Million views. Liabilies nd Nen As Cumo iles Exponses Aceredand Payable Conriburions Payable 75 Million views since 2010, Growing your food with care Billion anmually over the cost of other the Ilinois farmer stories modes of transportation dae to efficiency. online contimue to grow Esces Ouanding Checks ha alance Tal curet lihiies and touch llinois. For more 4101 Fore More info go to info go to wanchesgrow.oog Long-Term Liahiliien Contriturions Payable www.waterwayscounciline.org Total Lishilien Net aset Wie done restrietiom Tetal net ets 3 Increasing Value of Corn through Red Meat Exports 4 Ethanol Export Recovery Toal liabilities and net asoeta STATEMENT OF ACTIVITIES Operating Revenes and Oher Support Check-eff Receipts, Net of Fiest Parchaser Handling Comminsions (Note 4 Lew Check-off Refnds rodc Net Checkeff Receipes Project Co-fnding Revme Total Usrericted Operating Revense Recovering from COVID impact, Continuing to support red meat exports, ICMB has belped to increase ethanol expoets are nearly where they the value of com by investing in the US. Meat Export Federation. were pe COVID, Illinois checkoff is 13,459,433 33,7 13,51 now helping to continue ethanol growth. Chart to the right shows ethanol usage Increase in Corn Demand ILCORN www.ILCORN.ORG, Operating expensen Program services: Indurial Commitee by Latin America. Chart below is 4219543 Export Programs Communications Plan Esocative hregram 3,90.042 current year ethanol net exports Value of Pork Exports Gained 126 Total program sernn 1200 20 LIT Management and penenl Toul eperting epen 2,105 Volume of Beef Exports Increased Exce (DecieneyiefOperating Revene and Odher Supn 2.587.5 Non-operating Revenes (apensen) Iaterest lncome Ueresled Gain Le on lesmo Oher Totai Nosoperating Revenen (Expenses) 5 21.712 Conservation Conversations Ethanol Infrastructure Change in Net Ases 2,009.24 Precision Conservation Management (PCM) is a program created for farmers, by farmers with one of t's main goals to belp farmers transition to eflicient and economically sound conservation practices while helping to peevent mandatory regulations and increase profitability. IL checkolf matched USDA Boifuels Infrastrocture Net Auen, Beginning efYar 10,12242 Program grant funds to build infrastructure ready for higher Net Asset, End ef Yer blends of ethanol. This grant helped fuel retailers to update 12,7S6 Ne Co l pumgs with equipnent certified to pump hipher ethanol blends tpatin With the partnership of ICMB and IL Soybean Association, ICMB has worked closely with WAYNE (they build fueling in 2021, the PCM program doubled in size This program pumps & oquipment) and we are expecting an also has raisod over SIS Million in partner contributiones to announcoment soon that they will make all their pumps N The C provide cost share for specific practices like cover crops and eutrient management certified to pump E40o (currently they are building 125 ly i pumps). www.ilcorn.org 14129 Carole Dr. Bloom ingion, IL 61705 309.827.0912 **... .....* Illinois Corn Marketing Board acMB) Financial Statement IL Corn Marketing Board Bloomington, IL. - Year Ended September 30, 2021 2021 Checkoff Success ILCORN MARKETING BOARD STATEMENT OF FINANCIAL POSITION 1 2 Aset Cuee A Cash and cash oquivalents (Nete ) Inland Waterways Awareness Reaching Non-Farmers avestments Accts Roccivable Ralad pny ICMB supports and investod in a large linois Com Marketing Board is one of several RAT Oher 12 groups who continues to imvest in lilinois Farm hepaid Ret (Note Z) Propaid cupenne Acerved lesre Reoivle Teal cure Waterways Council Ine. marketing 70% OF LOCKS ARE PAST THEIR 50-YEAR DESIGN LIFE. Families belping to educate the Chicago area. ILLINOIS 15A campaign to educate the importance of 2021 research shows that the FARM campaign is working and the Long-term lavestt Propeny and equipenent, net Lengterm Prepaid Rem Total asta inland waterways The US. inland 1244 Innovation Grows Here' docu-series FAMILIES waterways system saves betwen 57-59 has received 3 Million views. Liabilies nd Nen As Cumo iles Exponses Aceredand Payable Conriburions Payable 75 Million views since 2010, Growing your food with care Billion anmually over the cost of other the Ilinois farmer stories modes of transportation dae to efficiency. online contimue to grow Esces Ouanding Checks ha alance Tal curet lihiies and touch llinois. For more 4101 Fore More info go to info go to wanchesgrow.oog Long-Term Liahiliien Contriturions Payable www.waterwayscounciline.org Total Lishilien Net aset Wie done restrietiom Tetal net ets 3 Increasing Value of Corn through Red Meat Exports 4 Ethanol Export Recovery Toal liabilities and net asoeta STATEMENT OF ACTIVITIES Operating Revenes and Oher Support Check-eff Receipts, Net of Fiest Parchaser Handling Comminsions (Note 4 Lew Check-off Refnds rodc Net Checkeff Receipes Project Co-fnding Revme Total Usrericted Operating Revense Recovering from COVID impact, Continuing to support red meat exports, ICMB has belped to increase ethanol expoets are nearly where they the value of com by investing in the US. Meat Export Federation. were pe COVID, Illinois checkoff is 13,459,433 33,7 13,51 now helping to continue ethanol growth. Chart to the right shows ethanol usage Increase in Corn Demand ILCORN www.ILCORN.ORG, Operating expensen Program services: Indurial Commitee by Latin America. Chart below is 4219543 Export Programs Communications Plan Esocative hregram 3,90.042 current year ethanol net exports Value of Pork Exports Gained 126 Total program sernn 1200 20 LIT Management and penenl Toul eperting epen 2,105 Volume of Beef Exports Increased Exce (DecieneyiefOperating Revene and Odher Supn 2.587.5 Non-operating Revenes (apensen) Iaterest lncome Ueresled Gain Le on lesmo Oher Totai Nosoperating Revenen (Expenses) 5 21.712 Conservation Conversations Ethanol Infrastructure Change in Net Ases 2,009.24 Precision Conservation Management (PCM) is a program created for farmers, by farmers with one of t's main goals to belp farmers transition to eflicient and economically sound conservation practices while helping to peevent mandatory regulations and increase profitability. IL checkolf matched USDA Boifuels Infrastrocture Net Auen, Beginning efYar 10,12242 Program grant funds to build infrastructure ready for higher Net Asset, End ef Yer blends of ethanol. This grant helped fuel retailers to update 12,7S6 Ne Co l pumgs with equipnent certified to pump hipher ethanol blends tpatin With the partnership of ICMB and IL Soybean Association, ICMB has worked closely with WAYNE (they build fueling in 2021, the PCM program doubled in size This program pumps & oquipment) and we are expecting an also has raisod over SIS Million in partner contributiones to announcoment soon that they will make all their pumps N The C provide cost share for specific practices like cover crops and eutrient management certified to pump E40o (currently they are building 125 ly i pumps). www.ilcorn.org 14129 Carole Dr. Bloom ingion, IL 61705 309.827.0912 **... .....*