2023-07-26T15:46:44-05:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2022-01-01 263542537 GROWTH ENERGY GROW 2025454000 701 8TH ST NW 450 WASHINGTON DC 20001 BEN BUTTERFIELD CONTROLLER 2025454000 2023-07-24 1 BEN BUTTERFIELD 999009999 0 JACQUELINE ECKMAN P01300648 6022662248 2023-07-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z EMILY SKOR 701 8TH ST NW 450 WASHINGTON DC 20001 28149322 0 X WWW.GROWTHENERGY.ORG X 2008 DC TO PROMOTE ETHANOL AS A SUSTAINABLE, CLEAN AND RENEWABLE ENERGY SOURCE. 9 9 27 13 0 0 2187013 6217326 18913018 21588393 0 14719 0 328884 21100031 28149322 383626 811855 0 0 6099317 6331095 0 0 0 13714111 16378146 20197054 23521096 902977 4628226 8527063 11658921 4224480 2867435 4302583 8791486 TO PROMOTE ETHANOL AS A SUSTAINABLE, CLEAN AND RENEWABLE ENERGY SOURCE. 0 0 PUBLIC RELATIONS -NEWS RELEASES, INTERVIEWS, BLOGGING, MEDIA (PAID AND EARNED), RESPONSE TO NEGATIVE MEDIA, EVENTS MARKETING, ETC. MARKET DEVELOPMENT -RETAILER PROMOTIONS, MARKETING AND EDUCATION LOBBYING - ADVOCATE FOR PRO-ETHANOL LEGISLATION AND REGULATION AT THE FEDERAL AND STATE LEVEL. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 51 0 27 1 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X BEN BUTTERFIELD 4026900740 7202 GILES RD SUITE 4-260 LAVISTA NE 68128 DAN SANDERS CHAIRMAN 2.00 X X 0 0 0 MITCH MILLER VICE CHAIRMAN 1.00 X X 0 0 0 TOM WILLIS TREASURER 1.00 X X 0 0 0 JEFF BROIN DIRECTOR 1.00 X 0 0 0 RAY BRADBURY DIRECTOR 1.00 X 0 0 0 MARK MARQUIS DIRECTOR 1.00 X 0 0 0 RICK SCHWARCK DIRECTOR 1.00 X 0 0 0 JIM PIROLLI DIRECTOR (LEFT 12/21) 1.00 X 0 0 0 JIM LEITING DIRECTOR (LEFT 06/21) 1.00 X 0 0 0 ROD HARRIS DIRECTOR 1.00 X 0 0 0 DAVE ZIMMERMAN DIRECTOR 1.00 X 0 0 0 EMILY SKOR CEO 40.00 X 896109 0 67561 JOE KAKESH SECRETARY 40.00 0.10 X 345447 0 41920 BEN BUTTERFIELD CONTROLLER 40.00 0.10 X 184851 0 43961 MIKE LORENZ SVP OF GLOBAL MARKETS 40.00 X 406245 0 32382 ELIZABETH FUNDERBURK VP OF COMMUNICATIONS 40.00 X 406551 0 36740 CHRIS BLILEY VP OF REGULATORY AFFAIRS 40.00 X 346702 0 49364 KELLY MANNING VP OF MEMBER DEVELOPMENT 40.00 X 300487 0 49791 2886392 0 321719 7 0 1 0 NASCAR PO BOX 2875 DAYTONA BEACH FL 32120 ADVERTISING 2000000 CULLEN & ROSE 69 SHAKER ROAD NEW CANAAN CT 06840 CONSULTING 1907840 PLUS COMMUNICATIONS PO BOX 16504 ALEXANDRIA VA 22302 CONSULTING 1476360 RCR PO BOX 1189 WELCOME NC 27374 ADVERTISING 1290233 ARNOLD & PORTER PO BOX 719451 PHILADELPHIA PA 19171 LEGAL CONSULTING 1110832 5 6217326 6217326 MEMBERSHIP DUES 900099 20481144 20481144 CONFERENCE REVENUE 541900 1107249 1107249 21588393 14719 0 14719 14719 14719 GAIN ON LEASE TERMINATION 532000 328884 328884 328884 28149322 21931996 0 0 811855 1579851 4059397 128543 272702 290602 2153097 130384 1231423 1387573 1549851 390947 388336 545009 67377 COMMUNICATIONS 4295430 SPONSOR ACTIVATION 3673513 HIGHER BLENDS DEVELOPME 465206 BAD DEBT 100000 23521096 4780566 8151515 3163993 2539084 24965 250635 571511 462825 268668 108686 10000 10000 278871 599001 8527063 11658921 2728324 2111263 799192 258109 696964 498063 4224480 2867435 X 4135236 8624139 167347 167347 4302583 8791486 8527063 11658921 X 4628226 -139323 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 20481144 1906387 1906387 2044199 -137812 34831 34831 369305 356486 12819 167375 106339 61036 108686 DEPOSITS 176987 ASSETS HELD FOR OTHERS 188929 RIGHT-OF-USE ASSET - OPERATING 233085 599001 OTHER LIABILITIES 188929 LEASE LIABILITY - OPERATING 309134 498063 X PART X, LINE 2: GROWTH ENERGY IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUTES AND GENERALLY IS NOT SUBJECT TO INCOME TAX. THE ORGANIZATION FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. UNDER THIS POLICY, THE ORGANIZATION HAS NOT RECOGNIZED A LIABILITY FOR UNCERTAIN TAX POSITIONS. NORTH AMERICA 1 1 PROGRAM SERVICES CONSULTING ON FOREIGN GOVERNMENT RELATIONS 69600 1 1 0 0 1 1 69600 0 69600 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 SEEDS OF CHANGE FOUNDATION 4615 N LEWIS AVENUE SIOUX FALLS SD 57104 471654423 501(C)(3) 125000 0 UNRESTRICTED NATIONAL FFA FOUNDATION PO BOX 68960 INDIANAPOLIS IN 46268 546044662 501(C)(3) 100000 0 UNRESTRICTED VAIL VETERANS PROGRAM PO BOX 6473 VAIL CO 81658 205254885 501(C)(3) 25000 0 UNRESTRICTED FOLDS OF HONOR FOUNDATION DEPARTMENT 13 TULSA OK 74182 753240683 501(C)(3) 25000 0 UNRESTRICTED 4 0 PART I, LINE 2: THE GROWTH ENERGY CARES PROGRAM GIVES TO ORGANZATIONS CONSISTENT WITH OUR INDUSTRY'S MISSION. X 1 0 X X X 0 0 0 EMILY SKOR CEO 891307 0 0 0 4802 0 41151 0 26410 0 963670 0 0 0 ELIZABETH FUNDERBURK VP OF COMMUNICATIONS 352338 0 54075 0 138 0 10965 0 25775 0 443291 0 0 0 MIKE LORENZ SVP OF GLOBAL MARKETS 368237 0 37500 0 508 0 0 0 32382 0 438627 0 0 0 CHRIS BLILEY VP OF REGULATORY AFFAIRS 295644 0 50920 0 138 0 17164 0 32200 0 396066 0 0 0 JOE KAKESH SECRETARY 300745 0 44612 0 90 0 15625 0 26295 0 387367 0 0 0 KELLY MANNING VP OF MEMBER DEVELOPMENT 237321 0 63028 0 138 0 15511 0 34280 0 350278 0 0 0 BEN BUTTERFIELD CONTROLLER 162032 0 22681 0 138 0 9585 0 34376 0 228812 0 0 0 PART I, LINE 1A WHEN BUSINESS-CLASS IS UNAVAILABLE, FIRST-CLASS TRAVEL MAY BE BOOKED. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION'S MEMBERS WILL BE COMPRISED OF THREE CLASSES: 1. PRODUCER MEMBERS: PRODUCER MEMBERS CONSIST OF THOSE MEMBERS THAT: (I) PRODUCE IN THE UNITED STATES FOR SALE OR DISTRIBUTION FUEL ETHANOL IN EXCESS OF 1 MILLION GALLONS PER YEAR; (II) EXECUTE A MEMBERSHIP AGREEMENT AND PAY THE FULL DUES REQUIRED OF PRODUCER MEMBERS BY THE POLICIES ADOPTED BY THE BOARD; AND (III) ARE APPROVED AS A PRODUCER MEMBER BY THE BOARD. PRODUCER MEMBERS IN GOOD STANDING WITH THE CORPORATION HAVE THE RIGHT TO VOTE ONLY TO ELECT OR REMOVE DIRECTORS REPRESENTING PRODUCER MEMBERS TO OR FROM THE BOARD. PRODUCER MEMBERS HAVE NO OTHER VOTING RIGHTS AS MEMBERS. 2. ASSOCIATE MEMBERS: ASSOCIATE MEMBERS CONSIST OF THOSE MEMBERS THAT: (I) DO NOT PRODUCE IN THE UNITED STATES FOR SALE OR DISTRIBUTION FUEL ETHANOL IN EXCESS OF 1 MILLION GALLONS PER YEAR; (II) EXECUTE A MEMBERSHIP AGREEMENT AND PAY THE FULL DUES REQUIRED OF ASSOCIATE MEMBERS BY THE POLICIES ADOPTED BY THE BOARD; (III) ARE DEEMED BY THE BOARD, IN ITS DISCRETION, TO BE ENGAGED IN A BUSINESS ACTIVITY WITH A SUFFICIENT NEXUS TO THE FUEL ETHANOL INDUSTRY; AND (IV) ARE APPROVED AS AN ASSOCIATE MEMBER BY THE BOARD. ASSOCIATE MEMBERS DO NOT HAVE THE RIGHT TO VOTE AS MEMBERS. 3. INDIVIDUAL MEMBERS: INDIVIDUAL MEMBERS CONSIST OF HUMAN BEINGS THAT: (I) DO NOT PRODUCE IN THE UNITED STATES FOR SALE OR DISTRIBUTION FUEL ETHANOL; (II) PAY THE FULL DUES REQUIRED OF INDIVIDUAL MEMBERS BY THE POLICIES ADOPTED BY THE BOARD (WHICH DUES SHALL BE $15.00 PER ANNUM UNLESS AND UNTIL CHANGED BY THE BOARD); (III) ARE DEEMED BY THE BOARD, IN ITS DISCRETION, TO SUPPORT THE FUEL ETHANOL INDUSTRY; AND (IV) ARE APPROVED AS AN INDIVIDUAL MEMBER IN ACCORDANCE WITH THE POLICIES ADOPTED BY THE BOARD. THE RIGHTS AND BENEFITS OF INDIVIDUAL MEMBERS SHALL BE LIMITED TO THOSE SPECIFIED FROM TIME TO TIME BY THE BOARD IN ITS DISCRETION; PROVIDED, HOWEVER, THAT INDIVIDUAL MEMBERS SHALL IN ANY EVENT (A) NOT HAVE THE RIGHT TO VOTE AS MEMBERS OR TO ATTEND OR PARTICIPATE IN MEETINGS OF MEMBERS (EXCEPT AS MAY BE PROVIDED FROM TIME TO TIME BY THE BOARD IN ITS DISCRETION), AND (B) NOT BE CONSIDERED "MEMBERS" WITHIN THE MEANING OF SUCH TERM FOR ANY PURPOSE OR REQUIREMENT UNDER ANY PROVISION (OTHER THAN THIS SECTION 2.01 AND ARTICLE VIII OF THE BYLAWS OR ANY PROVISION OF THE ACT, INCLUDING BUT NOT LIMITED TO ANY VOTING, NOTICE OR QUORUM REQUIREMENT OR OTHER PROVISION OF THESE BYLAWS OR THE ACT. AN INDIVIDUAL MEMBER MAY RESIGN ITS MEMBERSHIP IN THE CORPORATION BY WRITTEN NOTICE TO THE CORPORATION. IF ANY INDIVIDUAL MEMBER IS DEEMED BY THE BOARD, IN ITS DISCRETION, NO LONGER TO SUPPORT THE FUEL ETHANOL INDUSTRY, THE CORPORATION MAY TERMINATE THAT INDIVIDUAL MEMBER'S MEMBERSHIP IN THE CORPORATION UPON WRITTEN NOTICE TO THE INDIVIDUAL MEMBER. IF ANY INDIVIDUAL MEMBER FAILS TO PAY DUES OR OTHER AMOUNTS OWED TO THE CORPORATION WITHIN THIRTY (30) DAYS AFTER WRITTEN NOTICE THEREOF BY THE CORPORATION, THE CORPORATION MAY TERMINATE THAT INDIVIDUAL MEMBER'S MEMBERSHIP IN THE CORPORATION UPON WRITTEN NOTICE TO THE INDIVIDUAL MEMBER. UPON TERMINATION OF MEMBERSHIP, WHETHER VOLUNTARY OR COMPULSORY, AN INDIVIDUAL MEMBER WILL NOT RECEIVE A REFUND OF PREVIOUSLY PAID DUES AND WILL REMAIN OBLIGATED TO PAY ALL AMOUNTS DUE THROUGH THE DATE OF TERMINATION. FORM 990, PART VI, SECTION A, LINE 7A PRODUCER MEMBERS HAVE THE RIGHT TO VOTE TO ELECT OR REMOVE PRODUCING DIRECTORS TO OR FROM THE BOARD. PRODUCER MEMBERS HAVE NO OTHER VOTING RIGHTS AS MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 IS DELIVERED TO THE ORGANIZATION'S CONTROLLER. THE CONTROLLER ALONG WITH THE CEO PERFORM A DETAIL REVIEW OF THE DRAFT FORM 990. A FINAL DRAFT IS PROVIDED TO THE FULL BOARD FOR THEIR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS OFFICERS AND EMPLOYEES. IT IS THE RESPONSIBILITY OF EACH COVERED PERSON TO DISCLOSE ANY TRANSACTION OR RELATIONSHIP THAT REASONABLY COULD BE EXPECTED TO GIVE RISE TO A CONFLICT OF INTEREST TO THE CHIEF OPERATING OFFICER AND/OR THE CONTROLLER, OR, IF AN EXECUTIVE OFFICER, TO THE BOARD OF DIRECTORS, WHO SHALL BE RESPONSIBLE FOR DETERMINING WHETHER SUCH TRANSACTION OR RELATIONSHIP CONSTITUTES A CONFLICT OF INTEREST. A RECORD OF ALL REPORTS RECEIVED WILL BE PROVIDED TO THE AUDIT COMMITTEE EACH FISCAL QUARTER. GROWTH ENERGY SENT EACH COVERED PERSON A COPY OF GROWTH ENERGY'S CONFLICTS OF INTEREST POLICY TO REVIEW, SIGN AND RETURN TO GROWTH ENERGY. FORM 990, PART VI, SECTION B, LINE 15A IN ORDER TO ESTABLISH THE COMPENSATION OF THE CEO, A COMMITTEE OF THE BOARD OF DIRECTORS COMPARES CEO AND OTHER TOP MANAGEMENT OFFICIAL SALARY DATA TO SIMILAR ORGANIZATIONS. THE COMPENSATION IS THEN APPROVED BY A BOARD COMMITTEE. DOCUMENTATION OF THESE DECISIONS ARE KEPT AT THE PRINCIPAL EXECUTIVE OFFICE AS WELL AS COPIES OF RECORDS OF ALL PROCEEDINGS OF THE BOARD AND BOARD COMMITTEES. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2021. FOR OTHER OFFICERS AND KEY EMPLOYEES, A 3RD PARTY CONSULTANT WAS CONTRACTED TO BENCHMARK ALL EMPLOYEE SALARIES TO MAKE SURE THEY WERE WITHIN AN APPROPRIATE RANGE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION DOES NOT MAKE ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: IMPAIRMENT LOSS ON LEASEHOLD IMPROVEMENTS -139,323. FORM 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. FORM 990, PART XI, LINE 9 DUE TO AN EARLY TERMINATION OF THE LEASE IN DECEMBER 2023, THE LEASEHOLD IMPROVEMENTS ASSOCIATED WITH THIS LEASE WERE REDUCED BY 80% OF ITS NET BOOK VALUE OF $174,154 PRIOR TO TERMINATION. THE NET BOOK VALUE AS OF DECEMBER 31, 2022 IS $34,831. GROWTH ENERGY PAC 701 8TH STREET NW SUITE 450 WASHINGTON DC 20001 371594802 POLITICAL FUND DC 527 N/A GROWTH ENERGY 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0