Civic Intelligence

Indiana Pork Producers Association Inc

EIN 35-1137307 • 501(c)5 • Indianapolis, IN

View Organization Page

Profile

Indiana pork producers association, inc. Represents the interest of the indiana pork industry through promoting its product, research into better methods of production, encouraging environmental stewardship, and training and developing producers.

8425 Keystone Crossing 220Indianapolis, IN 46240

www.indianapork.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.05x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.05x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Net Margin

25th percentile

-1.3%

Higher net margin than 25% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

78th percentile

$179,980

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Asset Growth

10th percentile

-8.2%

Faster asset growth than 10% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

8.7%

Faster revenue growth than 59% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$2,662,608

Down $237,569 (-8.2%) from 2023

Liabilities

Down

$127,440

Down $203,903 (-62%) from 2023

Net Assets

Down

$2,535,168

Down $33,666 (-1.3%) from 2023

Operations
Liabilities / Revenue67th percentileNet Margin25th percentile

Revenue

Up

$2,508,259

Up $201,689 (+8.7%) from 2023

Expenses

Up

$2,541,925

Up $310,685 (+14%) from 2023

Net Income

Down

-$33,666

Down $108,996 (-145%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2012: $1,201,592Liabilities 2012: $117,749Net Assets 2012: $1,083,8432012Assets 2013: $1,209,274Liabilities 2013: $113,567Net Assets 2013: $1,095,7072013Assets 2014: $1,652,613Liabilities 2014: $93,178Net Assets 2014: $1,559,4352014Assets 2015: $1,651,396Liabilities 2015: $75,174Net Assets 2015: $1,576,2222015Assets 2016: $1,713,318Liabilities 2016: $95,496Net Assets 2016: $1,617,8222016Assets 2017: $1,879,583Liabilities 2017: $226,759Net Assets 2017: $1,652,8242017Assets 2018: $1,805,275Liabilities 2018: $82,700Net Assets 2018: $1,722,5752018Assets 2019: $1,749,619Liabilities 2019: $179,932Net Assets 2019: $1,569,6872019Assets 2020: $1,686,587Liabilities 2020: $52,840Net Assets 2020: $1,633,7472020Assets 2021: $2,314,250Liabilities 2021: $107,014Net Assets 2021: $2,207,2362021Assets 2022: $2,745,983Liabilities 2022: $252,479Net Assets 2022: $2,493,5042022Assets 2023: $2,900,177Liabilities 2023: $331,343Net Assets 2023: $2,568,8342023Assets 2024: $2,662,608Liabilities 2024: $127,440Net Assets 2024: $2,535,1682024

Highlighted filing

2024

Assets$2,662,608
Liabilities$127,440
Net Assets$2,535,168
Open 2024 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $1,787,4652012Revenue 2013: $1,675,494Expenses 2013: $1,663,630Net Income 2013: $11,8642013Revenue 2014: $1,974,618Expenses 2014: $1,510,890Net Income 2014: $463,7282014Revenue 2015: $1,774,594Expenses 2015: $1,757,807Net Income 2015: $16,7872015Revenue 2016: $1,534,320Expenses 2016: $1,492,720Net Income 2016: $41,6002016Revenue 2017: $1,735,734Expenses 2017: $1,700,732Net Income 2017: $35,0022017Revenue 2018: $1,738,319Expenses 2018: $1,668,568Net Income 2018: $69,7512018Revenue 2019: $1,834,716Expenses 2019: $1,987,604Net Income 2019: -$152,8882019Revenue 2020: $1,187,398Expenses 2020: $1,123,338Net Income 2020: $64,0602020Revenue 2021: $2,173,949Expenses 2021: $1,600,460Net Income 2021: $573,4892021Revenue 2022: $2,282,696Expenses 2022: $1,996,428Net Income 2022: $286,2682022Revenue 2023: $2,306,570Expenses 2023: $2,231,240Net Income 2023: $75,3302023Revenue 2024: $2,508,259Expenses 2024: $2,541,925Net Income 2024: -$33,6662024

Highlighted filing

2024

Revenue$2,508,259
Expenses$2,541,925
Net Income-$33,666
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,662,608
Liabilities
$127,440
Net assets
$2,535,168
Revenue
$2,508,259
Expenses
$2,541,925
Net income
-$33,666
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.66$0.13$2.54$2.51$2.54$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.90$0.33$2.57$2.31$2.23$0.08
2022Detailed filing. Detailed filing data is available for this year.$2.75$0.25$2.49$2.28$2.00$0.29
2021Detailed filing. Detailed filing data is available for this year.$2.31$0.11$2.21$2.17$1.60$0.57
2020Detailed filing. Detailed filing data is available for this year.$1.69$0.05$1.63$1.19$1.12$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.75$0.18$1.57$1.83$1.99$0.15
2018Detailed filing. Detailed filing data is available for this year.$1.81$0.08$1.72$1.74$1.67$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.88$0.23$1.65$1.74$1.70$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.71$0.10$1.62$1.53$1.49$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.65$0.08$1.58$1.77$1.76$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.65$0.09$1.56$1.97$1.51$0.46
2013Detailed filing. Detailed filing data is available for this year.$1.21$0.11$1.10$1.68$1.66$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.12$1.08$1.79
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 4, 2025
Return Version
2024v5.2
Gross Receipts
$2,508,259
Mission and Program Overview

Mission

Indiana Pork Producers Association, Inc. REPRESENTs THE INTEREST OF THE INDIANA PORK INDUSTRY THROUGH PROMOTING ITS PRODUCT, RESEARCH INTO BETTER METHODS OF PRODUCTION, ENCOURAGING ENVIRONMENTAL STEWARDSHIP, AND TRAINING AND DEVELOPING PRODUCERS.

To represent the interest of the indiana pork industry through promoting its product, research into better methods of production, encouraging environmental stewardship, and training and developing producers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,483,227$1,459,095▼ $24,132
Cash and Non-Interest-Bearing Accounts$1,091,061$910,685▼ $180,376
Accounts Receivable$221,488$188,444▼ $33,044
Prepaid Expenses and Deferred Charges$28,456$47,204▲ $18,748
Land, Buildings, and Equipment, Net$0$20,075▲ $20,075
Total Assets$2,900,177$2,662,608▼ $237,569
Other Assets Total$75,945$37,105▼ $38,840
Liabilities
Accounts Payable and Accrued Expenses$231,201$88,725▼ $142,476
Other Liabilities$76,627$37,415▼ $39,212
Deferred Revenue$23,515$1,300▼ $22,215
Total Liabilities$331,343$127,440▼ $203,903
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,568,834$2,535,168▼ $33,666
Total Net Assets Fund Balance$2,568,834$2,535,168▼ $33,666
Total Liabilities and Net Assets / Fund Balance$2,900,177$2,662,608▼ $237,569

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$20,075$47,315$67,390
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Josh TrenaryExecutive DirectorFT$167,262$12,718$179,980

Board Members and Trustees

NameTitle
Mark JohnsonInpac Chair
Joe BaldwinPresident
Mike ClineVice President
Adam SalsberyDirector
Adam StarkeyDirector
Alayne JohnsonDirector
Dale SchmitzDirector
Dillon SiefertDirector
Doug NewcomDirector
Dr Brian RichertDirector
Jeb StevensDirector
Jeff RodibaughDirector
Matt PaschenDirector
Micah RenderDirector
Mike TaylorDirector
Nick TharpDirector
Tanner SmithDirector
Todd RodibaughDirector
Ed EbertSecretary
Tyler FleddermanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$177,500
Program Service Revenue
$2,201,955
Investment Income
$112,309
Other Revenue
$16,495
All Other Contributions
$177,500
Change in Net Assets
$-33,666

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,508,259
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,508,259
Total Revenue per Form 990
$2,508,259
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,854,784
Salaries, Compensation, and Employee Benefits$687,141
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$449,074
Advertising---$396,205
Current Officers, Directors, Trustees, and Key Employees---$179,980
Fees for Services Other---$158,243
Travel---$96,435
Occupancy---$83,495
Fees for Services Accounting---$67,645
Conferences and Meetings---$67,142
Office Expenses---$62,360
Fees for Services Legal---$45,440
Other Expenses---$42,353
Payroll Taxes---$42,082
Other Employee Benefits---$16,005
Depreciation Depletion---$6,692
Total Functional Expenses$0$0$0$2,541,925

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,541,925
Total Expenses per Audited Statements$2,541,925
Total Expenses per Form 990$2,541,925
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$32,325
Finance Lease Liabilities$5,090
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Board members jeff rodibaugh and todd rodibaugh are cousins. Board members mark johnson and alayne johnson are husband and wife.”

Form 990, Part VI, Section A, Line 7A

“At large directors and the affiliated industry director shall be elected by a majority vote of all of the voting members at the annual meeting of the members, with each member being entitled to cast one vote for each vacancy on the board of directors.”

Form 990, Part VI, Section B, Line 11B

“The board is provided a draft of the form 990 prior to filing, after being reviewed by management and the outside accountant.”

Form 990, Part VI, Section B, Line 12C

“Ippa executive committee members (leadership) have an obligation to conduct business within guidelines that prohibit actual, or potential, conflicts of interest. Therefore, it is imperative that staff and elected leadership complete a questionnaire, which seeks to identify possible areas where a conflict could arise. Ippa's conflict of interest statements are to be completed on an annual basis by elected leadership and association staff.”

Form 990, Part VI, Section B, Line 15A

“Each year, the executive director's compensation is reviewed by the executive committee of the ippa board and is evaluated in comparison with performance and market forces, as well as compensation obtained from form 990's from other similar agricultural associations in the midwest.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Indiana Pork Producers Association Inc
EIN
35-1137307
Phone
3178727500
Address
8425 KEYSTONE CROSSING 220, INDIANAPOLIS, IN 46240

Signing Officer

Name
Joshua Trenary
Title
Executive Director
Phone
3178727500
Signed
2025-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joshua Trenary
Formed
1963
Legal Domicile
In
Voting Board Members
20
Independent Board Members
20
Employees
7
Volunteers
829

Preparer

Firm
Blue & Co LLC
Address
12800 N MERIDIAN ST STE 400, CARMEL, IN 46032
Preparer
Angela N Crawford CPA
Phone
3178488920
Supplemental Narrative

Additional Explanations

FORM 990, PART V, LINE 2A:

“The organization utilizes worksmart, a professional employer organization (peo), as a co-employer relationship. All employee and employer tax filings are issued by worksmart.”

FORM 990, PART XII, LINE 2C:

“The executive committee is responsible for the oversight of the audit of financial statements and the selection of an independent accountant. The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Ippa is organized as a not-for-profit agricultural organization that is exempt from income taxes under section 501(c)(5) of the united states internal revenue code and related state laws. As such, ippa is generally exempt from income taxes. There was no unrelated business income for the years ended december 31, 2024 and 2023. However, ippa is required to file federal form 990 - return of organization exempt from income tax and a corresponding state return, which are informational returns only. Ippa has filed its federal and state informational returns for periods through december 31, 2023. These informational returns are generally open to examination by the relevant taxing authorities for a period of three years from the later of the date the return was filed or its due date (including approved extensions). Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by ippa and recognize a tax liability if ippa has taken an uncertain position that more likely than not would not be sustained upon examination by various federal and state taxing authorities. Management has analyzed the tax positions taken by ippa, and has concluded that as of december 31, 2024 and 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the accompanying financial statements. Ippa is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20EXECUTIVE DIRECTOR
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IRS990/MissionDesc0INDIANA PORK PRODUCERS ASSOCIATION, INC. REPRESENTS THE INTEREST OF THE INDIANA PORK INDUSTRY THROUGH PROMOTING ITS PRODUCT, RESEARCH INTO BETTER METHODS OF PRODUCTION, ENCOURAGING ENVIRONMENTAL STEWARDSHIP, AND TRAINING AND DEVELOPING PRODUCERS.
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IRS990/OfficeExpensesGrp/TotalAmt062360
IRS990/OfficerMailingAddressInd00
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IRS990/ProgSrvcAccomActy2Grp/Desc0OTHER ACTIVITIES PROMOTE IMPROVEMENTS IN PORK PRODUCTION TECHNIQUES, THE USE OF PORK PRODUCTS, AND PRODUCER AWARENESS OF LAWS AND REGULATIONS THAT IMPACT THEIR OPERATIONS.
IRS990/ProgSrvcAccomActy3Grp/Desc0INDUSTRY RELATIONS ACTIVITIES CREATE UNITY WITHIN THE INDUSTRY ANDINVOLVES THEM IN LEADERSHIP DEVELOPMENT AND OTHER ACTIVITIES WITHIN THE ASSOCIATION.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IPPA IS ORGANIZED AS A NOT-FOR-PROFIT AGRICULTURAL ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(5) OF THE UNITED STATES INTERNAL REVENUE CODE AND RELATED STATE LAWS. AS SUCH, IPPA IS GENERALLY EXEMPT FROM INCOME TAXES. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. HOWEVER, IPPA IS REQUIRED TO FILE FEDERAL FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX AND A CORRESPONDING STATE RETURN, WHICH ARE INFORMATIONAL RETURNS ONLY. IPPA HAS FILED ITS FEDERAL AND STATE INFORMATIONAL RETURNS FOR PERIODS THROUGH DECEMBER 31, 2023. THESE INFORMATIONAL RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY IPPA AND RECOGNIZE A TAX LIABILITY IF IPPA HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY IPPA, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. IPPA IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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