Iowa Institute for Cooperatives
Public records raise at least one point you should look into before giving.
What it says it does
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.
- Income
- $1.1 million
- Spending
- $1.2 million
- Employees
- 6
- Volunteers
- 0
- Highest pay
- $306,313, executive director (former)
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.2 million spent. COOPERATIVES PROVIDE A PROVEN BUSINESS MODEL THAT HAS FOSTERED ECONOMIC PROGRESS IN IOWA FOR DECADES. THE IOWA INSTITUTE FOR COOPERATIVES (IIC) HAS BEEN LIGHTING THE WAY FOR COOPERATIVES ACROSS THE STATE SINCE 1951.OUR MEMBERS COME FROM A VARIETY OF INDUSTRIES, INCLUDING AGRICULTURE, CREDIT UNIONS, RURAL ELECTRIC, RURAL TELEPHONE, FARM CREDIT, PETROLEUM, AND MORE. WE DEVELOP EDUCATIONAL AND TRAINING PROGRAMS FOR OUR MEMBERS, PROVIDE TIMELY NEWS UPDATES, AND GUIDE LEGISLATIVE ACTIONS THAT BUILD UPON THE STRENGTH OF THE COOPERATIVE SYSTEM. WE ALSO PROMOTE NEW COOPERATIVE DEVELOPMENT AND VALUE-ADDED PRODUCTION.COOPERATIVES ALSO RELY ON US FOR SPECIAL PROJECTS, INCLUDING:(CONTINUE) - ASSISTANCE WITH BOARD RETREATS, LONG-RANGE PLANNING, MERGERS, CONSOLIDATIONS, ACQUISITIONS, AND CORPORATE RESTRUCTURING. - RESOURCES TO HELP DEVELOP NEW COOPERATIVES, INCLUDING INITIAL START-UP PLANS, FEASIBILITY STUDIES, PROJECT COORDINATION, AND RESULTS ANALYSIS. - COOPERATIVE BENCHMARKING THAT PROVIDES TIMELY UPDATES TO FINANCIAL PERFORMANCE BENCHMARKS FOR GRAIN AND FARM SUPPLY COOPERATIVES THROUGHOUT THE MIDWEST.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2026.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1952.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.