TY 2021 Form 990

- TIN:

Form990

Department of the TreasuryInternal Revenue Service

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

A For the 2021 calendar year, or tax year beginning 01-01-2021 , and ending 12-31-2021

BCheck if applicable: Address change Name change Initial return Final return/terminated Amended return Application pending

CName of organization
AMERICAN COALITION FOR ETHANOL

Doing business as

Number and street (or P.O. box if mail is not delivered to street address)
5000 S BROADBAND LANE 224

Room/suite

City or town, state or province, country, and ZIP or foreign postal code
SIOUX FALLS, SD57108

D Employer identification number

45-0407345

E Telephone number

G Gross receipts $ 1,330,723

F Name and address of principal officer:
BRIAN JENNINGS
5000 S BROADBAND LANE 224
SIOUX FALLS,SD57108

Tax-exempt status: 501(c)(3) 501(c) ( 6 ) LeftBullet

(insert no.) 4947(a)(1) or 527

Website:

WWW.ETHANOL.ORG

H(a)

Is this a group return for
subordinates? Yes No

H(b)

Are all subordinates
included?

Yes No

If "No," attach a list. See instructions.

H(c)

Group exemption number MediumBullet

K Form of organization: Corporation Trust Association Other MediumBullet

L Year of formation: 1987

M State of legal domicile: ND

Part I

Summary

1	Briefly describe the organization’s mission or most significant activities: DELIVER VALUE TO MEMBERS THROUGH GOVERNMENT RELATIONS, MARKET DEVELOPMENT AND PUBLIC RELATIONS.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	21
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	21
5	Total number of individuals employed in calendar year 2021 (Part V, line 2a) ......	5	6
6	Total number of volunteers (estimate if necessary) .............	6	20
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	14,975
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	238,629	180,051
9	Program service revenue (Part VIII, line 2g) .........	1,072,670	1,148,454
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	59	34
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	210	2,184
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	1,311,568	1,330,723
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	4,650	6,700
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	584,704	532,839
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	736,076	722,121
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	1,325,430	1,261,660
19	Revenue less expenses. Subtract line 18 from line 12.......	-13,862	69,063
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	224,247	199,508
21	Total liabilities (Part X, line 26).............	148,187	54,385
22	Net assets or fund balances. Subtract line 21 from line 20.....	76,060	145,123

Part II

Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

Sign Here

	Signature of officer	Date

	Type or print name and title

Paid Preparer Use Only

Print/Type preparer's name

Preparer's signature

Date

Check if
self-employed

PTIN

Firm's name MediumBullet

Firm's EIN MediumBullet

Firm's address MediumBullet

Phone no.

May the IRS discuss this return with the preparer shown above? (see instructions) ..........YesNo

For Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 11282Y Form 990 (2021)

Form 990 (2021)

Page 2

Part III

Statement of Program Service Accomplishments

Check if Schedule O contains a response or note to any line in this Part III..............

Briefly describe the organization’s mission: AMERICAN COALITION FOR ETHANOL (ACE) WAS FORMED TO BRING TOGETHER A WIDE RANGE OF GROUPS IN SUPPORT OF MAKING U.S. ETHANOL THE CONSUMER FUEL OF CHOICE. ACE UNITES AGRICULTURAL PRODUCERS, COMMODITY AND FARM ORGANIZATIONS, ETHANOL PRODUCERS, RURAL ELECTRIC COOPERATIVES, BUSINESSES, AND INDIVIDUALS BEHIND COALITION INITIATIVES TO SUPPORT AND PROMOTE THE PRODUCTION AND USE OF ETHANOL IN THE U.S. A NATIONAL, NONPROFIT, GRASSROOTS ADVOCACY ORGANIZATION, ACE DELIVERS VALUE TO MEMBERS THROUGH GOVERNMENT RELATIONS, MARKET DEVELOPMENT, PUBLIC RELATIONS, AND INFORMATION STRATEGIES.

Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ..................... Yes No

If "Yes," describe these new services on Schedule O.

Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ........................... Yes No

If "Yes," describe these changes on Schedule O.

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	ACE CONTINUED EXECUTING ON A STRATEGIC PLAN OVER THE COURSE OF 2021 CALLED ACCELERATE - ACE'S ROADMAP FOR SPARKING NEW DEMAND FOR ETHANOL. ACCELERATE IS BUILT UPON THREE PILLARS. 1. INCREASING DEMAND AND VALUE FOR ETHANOL THROUGH NEW CLEAN FUEL POLICIES 2. PROTECTING AND SUPPORTING EXISTING POLICY-DRIVEN MARKETS3. DEVELOPING DOMESTIC AND INTERNATIONAL MARKETSGOVERNMENT AFFAIRSRFS DEVELOPMENTSAS WE TRANSITIONED TO A NEW ADMINISTRATION IN 2021, WE ALSO GAINED NEW LEADERSHIP AT EPA. EPA ADMINISTRATOR MICHAEL REGAN INHERITED A LONG LIST OF UNFINISHED BUSINESS WITH RESPECT TO THE RFS, INCLUDING REINING-IN SMALL REFINERY EXEMPTIONS (SRES), RESTORING 500 MILLION GALLONS REMANDED TO EPA BY THE D.C. CIRCUIT COURT FROM THE 2017 AMERICANS FOR CLEAN ENERGY INC. DECISION, AND PROMPTLY MOVING FORWARD ON THE 2021 AND 2022 RENEWABLE VOLUME OBLIGATIONS. IN ADDITION TO THESE ACTIONS, ACE ALSO HAS BEEN PUSHING EPA TO UPDATE LIFECYCLE SCIENCE SHOWING CORN ETHANOL CAN AND SHOULD BE PART OF THE CLIMATE SOLUTION, TO MOVE FORWARD WITH EPA'S E15 LABELING AND UST COMPATIBILITY PROPOSED RULEMAKING, AND ENSURE A ROLE FOR MID-LEVEL ETHANOL BLENDS IN NEW FUEL ECONOMY AND EMISSIONS STANDARDS. ON THE LITIGATION FRONT, IN JUNE 2021, THE SUPREME COURT OVERTURNED THE TENTH CIRCUIT'S HOLDING THAT EPA MAY ONLY 'EXTEND' CONTINUOUSLY PRE-EXISTING EXEMPTIONS. NEVERTHELESS, EPA STILL HAS TWO OTHER RESTRAINTS ESTABLISHED BY THE TENTH CIRCUIT THAT WERE NOT CHALLENGED IN COURT THAT IT MUST ADHERE TO. THERE WAS ALSO ACTIVITY REGARDING OUR CASE ON THE UNPRECEDENTED 31 SRES THE TRUMP ADMINISTRATION'S EPA APPROVED IN AUGUST 2019 FOR THE 2018 RFS COMPLIANCE YEAR. ACE, ALONG WITH A COALITION OF BIOFUEL AND AG GROUPS, FILED A PETITION IN THE D.C. CIRCUIT COURT CHALLENGING EPA'S DECISION. IN AUGUST 2021, THE BIDEN ADMINISTRATION'S EPA FILED A MOTION TO REMAND THE SRES WITHOUT VACATUR, AND IN DECEMBER 2021, THAT MOTION WAS GRANTED. THE COURT'S ORDER PRESENTS AN IMPORTANT OPPORTUNITY FOR EPA TO RESTORE INTEGRITY TO THE RFS. APPROVAL OF THESE SRES IN 2019 EXCEEDED THE EPA AUTHORITY UNDER THE RFS. WHILE DEFENDING THE RFS REMAINS AN IMPORTANT PRIORITY, WE'RE MAKING IMPORTANT HEADWAY IN OUR STRATEGIC DIRECTION TO PROMOTE INCREASING THE USE OF ETHANOL AS A SOLUTION TO POLICIES DESIGNED TO TACKLE GHG EMISSIONS.ACE'S CARBON STRATEGYACE HAS METHODICALLY AND STRATEGICALLY WORKED TO EXPAND OPPORTUNITIES FOR THE PRODUCTION AND USE OF LOW CARBON BIOFUELS AT SCALE FOR THE PAST SEVERAL YEARS. IN 2014, ACE BEGAN CONSULTING WITH THE DEPARTMENT OF ENERGY'S ARGONNE NATIONAL LABORATORY ON IMPROVEMENTS TO ITS GREET MODEL TO ENSURE THE CLIMATE CONTRIBUTIONS MADE BY FARMERS ARE PROPERLY CREDITED IN THE LIFECYCLE MODELING TOOL. ACE'S ENGAGEMENT HAS RESULTED IN SEVERAL REFINEMENTS THAT BETTER ACCOUNT FOR FARMERS' EVOLVING PRACTICES AND MORE ACCURATELY QUANTIFY CORN ETHANOL'S EVER-SHRINKING CARBON FOOTPRINT, INCLUDING IMPROVEMENTS TO THE 2021 GREET MODEL. IN 2018, ACE PUBLISHED THE WHITE PAPER "THE CASE FOR PROPERLY VALUING THE LOW CARBON BENEFITS OF CORN ETHANOL," WHICH EMPHASIZES NEW SCIENTIFIC UNDERSTANDINGS SURROUNDING ON-FARM CARBON REDUCTIONS AND IDENTIFIED POLICIES THAT COULD DRIVE LOW-CARBON BIOFUELS INTO THE FUTURE. THE WHITE PAPER LAUNCHED A MULTI-YEAR STAKEHOLDER PROCESS, WHICH CULMINATED IN A JANUARY 2020 FRAMEWORK ENCOURAGING NEW LOW CARBON FUEL MARKETS IN THE MIDWEST THAT REWARD FARMERS FOR PRACTICES THAT REDUCE GHG EMISSIONS FROM BIOFUELS. THIS FRAMEWORK HELPED CREATE MOMENTUM FOR NEW CLEAN FUEL POLICIES IN SEVERAL STATES OVER THE PAST YEAR, INCLUDING BIPARTISAN LEGISLATION WHICH WAS APPROVED BY THE MINNESOTA HOUSE OF REPRESENTATIVES IN 2021. USDA RCPP AND NEW OPPORTUNITIESALL THIS WORK INFORMED ACE'S COLLABORATION ON THE $7.5 MILLION REGIONAL CONSERVATION PARTNERSHIP PROGRAM (RCPP) PROJECT ANNOUNCED IN SEPTEMBER 2021. ACE, TOGETHER WITH RCPP PARTNERS SOUTH DAKOTA CORN GROWERS ASSOCIATION, DAKOTA ETHANOL, SOUTH DAKOTA STATE UNIVERSITY, CULTIVATING CONSERVATION, AND COLLABORATOR SANDIA NATIONAL LABS, WILL USE THIS USDA FINANCIAL ASSISTANCE TO COMPENSATE FARMERS FOR ADOPTING CLIMATE-SMART PRACTICES THAT SEQUESTER CARBON, REDUCE GHG EMISSIONS, AND IMPROVE SOIL HEALTH. THE PARTNERSHIP WILL PAIR USDA TECHNICAL ASSISTANCE WITH SIGNIFICANT PARTNER FINANCIAL AND IN-KIND CONTRIBUTIONS TO QUANTIFY THE RESULTING SOIL HEALTH AND GHG BENEFITS, CORRELATE THEM WITH EXISTING MODELS, AND DEVELOP A NON-PROPRIETARY VERIFICATION SYSTEM. THIS DATA WILL THEN BE USED TO SECURE FARMER ACCESS TO CLEAN FUEL OR LCFS MARKETS FOR THE FIRST TIME BASED ON THE GHG BENEFITS OF USDA CLIMATE-SMART PRACTICES. IN THE SOUTH DAKOTA PROJECT AREA, THIS ACCESS COULD MEAN UPWARDS OF $10 MILLION IN ADDITIONAL REVENUE ANNUALLY BECAUSE OF THE GHG CONTRIBUTIONS FROM ON-FARM CONSERVATION PRACTICES. THE NEW ACE-USDA PROJECT ANSWERS THE QUESTION OF "HOW" FOR ONE ETHANOL FACILITY CORN DRAW. BEYOND THAT, IT ALSO ILLUMINATES THE PATH FORWARD FOR THE INDUSTRY. OUR GOAL IS TO SCALE-UP FARMER ADOPTION OF CLIMATE SMART AGRICULTURE PRACTICES IN STRATEGIC GRAIN-SHEDS BEYOND SOUTH DAKOTA THAT WILL HELP FACILITATE WIDESPREAD ACCEPTANCE OF AGRO-ECOSYSTEM MODELS TO ACCURATELY PREDICT CHANGES IN CROP PRODUCTIVITY, SOIL ORGANIC CARBON, AND GHG EMISSIONS. THIS CAN BE THE FIRST OF SEVERAL PROJECTS DESIGNED TO GATHER THE NECESSARY LOCALIZED DATA TO CERTIFY NON-PROPRIETARY SOIL CARBON MODELS THAT CAN BE USED TO ACCESS LCFS MARKETS.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	ACE IN ACTION - FIRST AND SECOND QUARTERFIRST QUARTER (JANUARY MARCH)1. INCREASING DEMAND AND VALUE THROUGH NEW CLEAN FUEL POLICIES FUTURE FUELS ACT INTRODUCED IN MINNESOTA, THE FIRST CLEAN FUEL STANDARD POLICY IN THE MIDWEST ACE'S 2018 WHITE PAPER, THE CASE FOR PROPERLY VALUING THE LOW CARBON BENEFITS OF CORN ETHANOL, CITED IN A HARVARD/TUFTS STUDY SHOWING CORN ETHANOL REDUCES CARBON EMISSIONS BY NEARLY 50%2. PROTECTING AND SUPPORTING EXISTING POLICY-DRIVEN MARKETS ARGONNE NATIONAL LAB ANNOUNCED ITS INTENTION TO IMPLEMENT GREET MODEL UPDATE REQUESTS FROM ACE, AND SOUTH DAKOTA AND KANSAS CORN ASSOCIATIONS SENT LETTER TO EPA INSPECTOR GENERAL ON LEGALITY OF LAST-MINUTE TRUMP EPA WAIVERS3. DEVELOPING DOMESTIC AND INTERNATIONAL MARKETS MARKETED ACE'S NEW "FLEX CHECK" E15 EQUIPMENT COMPATIBILITY TOOL FOR FUEL RETAILERSASSISTED RETAILERS IN A SECOND ROUND OF GRANT APPLICATIONS FOR USDA'S HIGHER BLENDS INFRASTRUCTURE INCENTIVE PROGRAM (HBIIP) SECOND QUARTER (APRIL JUNE)1. INCREASING DEMAND AND VALUE THROUGH NEW CLEAN FUEL POLICIES HELPED INITIATE AND ADVISE CLEAN FUEL POLICY STAKEHOLDER DISCUSSIONS IN NEBRASKAJOINED A DIVERSE NATIONAL COALITION IN SENDING A LETTER TO HOUSE ENERGY AND COMMERCE AND SENATE ENVIRONMENT AND PUBLIC WORKS COMMITTEES IN SUPPORT OF DEVELOPING TECHNOLOGY-NEUTRAL NATIONAL CLEAN FUEL LEGISLATION2. PROTECTING AND SUPPORTING EXISTING POLICY-DRIVEN MARKETS COORDINATED WITH INDUSTRY PARTNERS IN REACTION TO THE SUPREME COURT OVERTURNING ONE OF THE THREE RESTRAINTS THE TENTH CIRCUIT COURT PLACED ON EPA'S APPROACH TO RFS WAIVERS FOR SMALL REFINERSENCOURAGED AND SUPPORTED THE INTRODUCTION OF LEGISLATION IN CONGRESS TO INCREASE ETHANOL USE3. DEVELOPING DOMESTIC AND INTERNATIONAL MARKETS RECOMMENDED USDA DEVELOP A COMMONSENSE FRAMEWORK TO MEASURE, MONITOR, AND VERIFY PRACTICES THAT SEQUESTER CARBON IN THE SOIL SO FARMERS AND ETHANOL PRODUCERS CAN REAP THE REWARD IN FUTURE LOW CARBON FUEL STANDARD MARKETS AS PART OF ITS CLIMATE STRATEGYSUBMITTED COMMENTS TO USDA AS THEY DETERMINED HOW TO DESIGNATE $700 MILLION TO BIOFUEL PRODUCERS AS PART OF ITS PANDEMIC ASSISTANCE FOR PRODUCERS INITIATIVES, NOW CALLED THE BIOFUEL PRODUCER PROGRAM

4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	ACE IN ACTION - THIRD & FOURTH QUARTERTHIRD QUARTER (JULY-SEPTEMBER)1. INCREASING DEMAND AND VALUE THROUGH NEW CLEAN FUEL POLICIESLAUNCHED FOR TESTING OUR CARBON INTENSITY CALCULATOR, A SIMPLIFIED GREET MODEL TOOL, TO EQUIP FARMERS AND ETHANOL PRODUCERS WITH THE ABILITY TO USE THEIR UNIQUE DATA TO BETTER UNDERSTAND THEIR CURRENT CARBON SCORECALLED FOR A LEGISLATIVE HEARING TO HIGHLIGHT HOW THE NEXT GENERATION FUELS ACT WOULD REMOVE ETHANOL MARKET BARRIERS AND COULD BE IMPROVED TO REWARD EFFICIENT ETHANOL PRODUCERS2. PROTECTING AND SUPPORTING EXISTING POLICY-DRIVEN MARKETSCALLED ON PRESIDENT BIDEN TO SET THE MAXIMUM STATUTORY CONVENTIONAL RENEWABLE FUEL VOLUMES UNDER THE RFS IN THE 2021, 2022 RVO PROPOSALURGED FOR BIPARTISAN LEGISLATION IN CONGRESS TO APPROVE E15 USE YEAR-ROUND IMMEDIATELY FOLLOWING DC CIRCUIT COURT'S REVERSAL OF EPA'S 2019 REGULATION; ENCOURAGED INDUSTRY STAKEHOLDERS TO ENCOURAGE THEIR CONGRESSIONAL LEADERSHIP TO COSPONSOR THE LEGISLATION3. DEVELOPING DOMESTIC AND INTERNATIONAL MARKETSUSDA ANNOUNCED A $7.5-MILLION INVESTMENT IN AN ACE-LED FIRST-OF-ITS-KIND REGIONAL CONSERVATION PARTNERSHIP PROGRAM (RCPP) PROJECT TO SECURE FARMERS PREMIER ACCESS TO LOW CARBON FUEL STANDARD MARKETS BASED ON THEIR ADOPTION OF USDA CLIMATE-SMART AGRICULTURAL PRACTICES CONNECTED CORN GROWER GROUPS WITH PEARSON FUELS FOR AN OVER $1 MILLION INVESTMENT IN EXPANDING E85 AVAILABILITY IN CALIFORNIAFOURTH QUARTER (NOVEMBER-DECEMBER)1. INCREASING DEMAND AND VALUE THROUGH NEW CLEAN FUEL POLICIESBUILDING UPON ACE'S CLEAN FUEL POLICY ENGAGEMENT IN MINNESOTA, GOV. WALZ ANNOUNCED DIRECTIVE TO HELP INFORM A NEW CLEAN FUEL STANDARD IN THE STATECONTINUED BUILDING MOMENTUM FOR THE MINNESOTA FUTURE FUELS ACT FOR THE 2022 LEGISLATIVE PERIOD2. PROTECTING AND SUPPORTING EXISTING POLICY-DRIVEN MARKETSARGONNE NATIONAL LAB INCLUDED ACE REQUESTS TO ACCOUNT FOR 4R NITROGEN MANAGEMENT METHODS AND ENHANCED EFFICIENCY NITROGEN FERTILIZER USE IN 2021 GREET MODEL UPDATEREVIEWED EPA'S PACKAGE OF ACTIONS, INCLUDING ITS PROPOSED RENEWABLE FUEL BLENDING TARGETS FOR 2021 AND 2022 AND RETROSPECTIVE VOLUMES FOR 2020, PREPARED TESTIMONY AND COMMENTS AND INFORMED MEMBERS ON HOW THEY CAN ENGAGE IN THE PROCESS3. DEVELOPING DOMESTIC AND INTERNATIONAL MARKETSSUBMITTED FEEDBACK TO USDA ON HOW ITS CLIMATE-SMART AGRICULTURE AND FORESTRY PARTNERSHIP PROGRAM CAN BE USED TO SCALE ACE'S RCPP PROJECT TO ADDITIONAL SITES, ALLOWING PARTICIPATING ETHANOL FACILITIES TO COLLECT LOCALIZED DATA REQUIRED TO SECURE ACCESS TO LCFS MARKETS AND INCLUDE ON-FARM CONTRIBUTIONSBEGAN OUTREACH TO ETHANOL FACILITIES TO GAUGE INTEREST IN PARTICIPATING IN A LCFS ETHANOL FEEDSTOCK INITIATIVE TO PROVIDE FARMER ACCESS TO LCFS MARKETS THROUGH THE ESTABLISHMENT OF VALIDATED, NON-PROPRIETARY VERIFICATION PROTOCOLS

	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	MARKET DEVELOPMENTFLEX CHECK TOOL AND FLEXFUELFORWARD.COMWHILE PETROLEUM MARKETER TRADE SHOWS REMAINED ON HOLD FOR THE FIRST HALF OF 2021, ACE'S MARKET DEVELOPMENT TEAM WAS ABLE TO BRING THE PROGRAM TO A HANDFUL OF SHOWS DURING THE LATE SUMMER AND FALL. ACE LAUNCHED ITS FLEX CHECK E15 COMPATIBILITY TOOL IN SEPTEMBER OF 2020 AND BEGAN MARKETING THE TOOL TO FUEL RETAILERS, RAMPING UP EFFORTS IN EARLY 2021, WHICH COINCIDED WITH THE TRUMP ADMINISTRATION EPA'S PROPOSED RULE TO EITHER MODIFY THE E15 LABEL OR REMOVE THE LABEL REQUIREMENT ENTIRELY, AS WELL AS TO MODIFY THE UNDERGROUND STORAGE TANK (UST) REGULATIONS WHICH OFFER PATHS THAT WOULD MAKE IT EASIER FOR STATION OWNERS TO DEMONSTRATE COMPATIBILITY WITH E15 AND POSSIBLY HIGHER ETHANOL BLENDS IN THE FUTURE. EPA'S PROPOSED CHANGES PROVIDE RECOGNITION THAT EQUIPMENT IS ALREADY COMPATIBLE WITH E15, CITING ACE'S FLEX CHECK E15 COMPATIBILITY TOOL, WHICH COULD SAVE FUEL MARKETERS BILLIONS OF DOLLARS COMPARED TO FICTIONAL ESTIMATED COSTS FROM ETHANOL OPPONENTS. EPA ALSO LISTED FLEX CHECK AS A RESOURCE ON ITS UST WEBSITE. THE BIDEN ADMINISTRATION EPA DID NOT TAKE ANY ACTIONS ON THESE PROPOSED CHANGES IN 2021.TOOLS LIKE FLEX CHECK ARM RETAILERS WITH INFORMATION TO GIVE THEM CONFIDENCE THEY CAN OFFER HIGHER ETHANOL BLENDS WITHOUT BREAKING THE BANK, AND TO BE BETTER PREPARED TO WORK WITH EQUIPMENT PROVIDERS. MARKET & INFRASTRUCTURE UPDATE IN JULY 2021, THE INDUSTRY RECEIVED THE DISAPPOINTING NEWS THAT THE D.C. CIRCUIT COURT OF APPEALS REVERSED EPA'S 2019 REGULATION, WHICH FINALLY ALLOWED YEAR-ROUND E15 AVAILABILITY. GIVEN THE SENSE OF URGENCY TO ENSURE UNINTERRUPTED AVAILABILITY OF E15 IN ALL PARTS OF THE COUNTRY, ACE HAS BEEN WORKING WITH OUR INDUSTRY PARTNERS, AS WELL AS ADMINISTRATIVE AND LEGISLATIVE OFFICIALS, TO MAKE SURE THIS RULING DOESN'T SET BACK THE IMPORTANT GROWTH OF E15. BIPARTISAN, BICAMERAL LEGISLATION WAS INTRODUCED IN 2021 TO CLARIFY E15 SHOULD BE ALLOWED FOR SALE YEAR-ROUND BY EXTENDING THE 1-PSI REID VAPOR PRESSURE (RVP) WAIVER TO FUEL BLENDS CONTAINING GASOLINE AND 'OVER 10 PERCENT ETHANOL.' FOLLOWING ITS INTRODUCTION, ACE HAS BEEN FOSTERING BIPARTISAN SUPPORT FOR THE LEGISLATION WHILE EXPLORING OTHER OPTIONS.IN SEPTEMBER, A FEW STATE CORN GROWER GROUPS INVESTED OVER $1 MILLION TO HELP SAN DIEGO-BASED FUEL MARKETER PEARSON FUELS EXPAND AVAILABILITY OF E85 IN CALIFORNIA. ACE SENIOR VICE PRESIDENT RON LAMBERTY HELPED MAKE THE CONNECTION AND EXPLAIN THAT PEARSON OFFERS RETAILERS TURN-KEY ENTRY INTO THE E85 MARKET, TAKING CARE OF THE REGULATORY CHALLENGES OF ADDING E85 IN CALIFORNIA. EVEN MORE IMPORTANTLY TO SOME RETAILERS, PEARSON HANDLES ALL THE RINS [RENEWABLE IDENTIFICATION NUMBERS] AND CARB [CALIFORNIA AIR RESOURCES BOARD] CREDITS TO SUPPLY VERY COMPETITIVELY PRICED E85, WHICH HAS DRIVEN HUGE INCREASES IN VOLUME OVER THE PAST SEVERAL YEARS. THANKS TO THE FUNDING SUPPORT, PEARSON CAN DO A LOT MORE, HOPEFULLY A LOT SOONER, AND IF THE LOW PRICES AND GREATER VISIBILITY GET THE ATTENTION OF CALIFORNIA REGULATORS AND ELECTED OFFICIALS, IT COULD MAKE IT EASIER TO MAKE THE CASE FOR E85 AS A LOW- TO NET-ZERO CARBON FUEL RIGHT NOW AND INTO THE FUTURE.INFRASTRUCTURE FUNDINGIN 2020 AND EARLY 2021, ACE FIELDED INFORMATION REQUESTS FOR USDA'S FUEL INFRASTRUCTURE GRANT PROGRAM (HBIIP) FROM FUEL MARKETERS FROM CONNECTICUT TO CALIFORNIA AND PROMOTED THE PROGRAM VIA PAID ADVERTISING. THIS PROGRAM HELPS EXPAND THE AVAILABILITY OF LOW CARBON FUEL BLENDS AT THE PUMP. IN MOST OF THE COUNTRY, E85 IS A LOWER CARBON OPTION THAN EVEN PLUG-IN ELECTRIC VEHICLES. THANKS TO PROGRAMS LIKE HBIIP, MORE LOCATIONS WILL BE ADDED.HYBRID ELECTRIC FLEX-FUEL VEHICLE DEMONSTRATIONWITH THE PUSH TO NET-ZERO VEHICLES OVER THE NEXT 10 TO 30 YEARS, AND WITH "NET ZERO" BEING UNDERSTOOD AS ELECTRIC VEHICLES (EVS), ACE UNVEILED A VEHICLE DEMONSTRATION PROJECT AT ITS CONFERENCE IN AUGUST TO DISRUPT THIS NARRATIVE AND TIMELINE BY SHOWING LOW TO NET-ZERO-CARBON VEHICLES POWERED BY ETHANOL ALREADY HAVE CLEANER LIFECYCLE GHG EMISSIONS THAN PLUG-IN ELECTRICS AND COULD REACH NET-ZERO LONG BEFORE EVS ON THE MARKET TODAY. LAMBERTY DROVE A HYBRID ELECTRIC FORD FUSION HE PURCHASED IN 2021 TO CALIFORNIA TO MEET WITH E85 WHOLESALER PEARSON FUELS AND THE OWNERS OF EFLEXFUEL TECHNOLOGY TO INSTALL THEIR FLEX FUEL CONVERSION KIT ON LAMBERTY'S HYBRID. NOW A HYBRID ELECTRIC FLEX FUEL FORD FUSION, THE FRONT-WHEEL-DRIVE MIDSIZE SEDAN STARTS UP ON ELECTRICITY AND IS POWERED BY A 2.0-LITER, FOUR-CYLINDER ENGINE CAPABLE OF USING UP TO E85 MATCHED TO AN ELECTRIC MOTOR FOR A COMBINED 188 HORSEPOWER. ACCORDING TO LAMBERTY, FROM A TOTAL GHG REDUCTION STANDPOINT, IT MAKES SENSE FOR A HYBRID TO USE THE CLEANEST LIQUID FUEL AVAILABLE WHEN CHARGING AND NOT RUNNING ON ELECTRICITY, AND THAT'S E85. LAMBERTY CALCULATED A HYBRID ELECTRIC VEHICLE RUNNING ON LOW-CI E85 COULD OBTAIN A TOTAL GHG SCORE AS LOW AS 20 TO 25 GRAMS OF CO2 PER MILE, WHICH IS LOWER THAN CURRENT EPA TOTAL GHG EMISSIONS CALCULATIONS FOR PHEVS OR FULL EVS. YET, NO MAJOR AUTOMAKERS OFFER A FLEX-FUEL HYBRID VEHICLE. ACE WILL DOCUMENT THE VEHICLE DATA OVER THE COMING YEARS TO DEMONSTRATE REAL-WORLD PERFORMANCE OF THE HYBRID ELECTRIC VEHICLE FUELED WITH E85, AS WELL AS ESTIMATED GHG REDUCTION USING THE CI SCORES OF VARIOUS ETHANOL PRODUCERS.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses

Form 990 (2021)

Page 3

Part IV

Checklist of Required Schedules

Yes

Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A.....................

Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. Click to see attachment

...

Yes

Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I Click to see attachment

.............

Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........

Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III Click to see attachment

Yes

Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I Click to see attachment

.........................

Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II Click to see attachment

....

Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part III Click to see attachment

..............

Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV Click to see attachment

..............

Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V......

If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.

Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment

...................

11a

Yes

Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII Click to see attachment

.......

11b

Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII Click to see attachment

.......

11c

Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX Click to see attachment

............

11d

Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X Click to see attachment

11e

Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X Click to see attachment

11f

Yes

12a

Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII Click to see attachment

......................

12a

Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment

12b

Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E

14a

Did the organization maintain an office, employees, or agents outside of the United States? .....

14a

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........

14b

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....

Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...

Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....

Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............

Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................

20a

Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....

20a

If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?

20b

Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II..... Click to see attachment

Yes

Form 990 (2021)

Page 4

Part IV

Checklist of Required Schedules (continued)

Yes

Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........ Click to see attachment

Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J.......................

24a

Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............

24a

Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...

24b

Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............

24c

Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...

24d

25a

Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....

25a

Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................

25b

Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........

Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?

If "Yes," complete

Schedule L, Part III.........................

Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):

A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................

28a

A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....

28b

A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................

28c

Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..

Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................

Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I

Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................

Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............

Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................

35a

Did the organization have a controlled entity within the meaning of section 512(b)(13)?

35a

If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...

35b

Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............

Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI

Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............

Yes

Part V

Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........

Yes

Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..

Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .

Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................

Yes

Form 990 (2021)

Page 5

Part V

Statements Regarding Other IRS Filings and Tax Compliance (continued)

Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................

If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. See instructions.

Yes

Did the organization have unrelated business gross income of $1,000 or more during the year?...

Yes

If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...

Yes

At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..

If "Yes," enter the name of the foreign country: MediumBullet

See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).

Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..

Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............

Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...

Yes

If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................

Yes

Organizations that may receive deductible contributions under section 170(c).

Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................

If "Yes," did the organization notify the donor of the value of the goods or services provided? .....

Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................

If "Yes," indicate the number of Forms 8282 filed during the year ....

Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?

Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..

If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................

If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................

Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........

Sponsoring organizations maintaining donor advised funds.

Did the sponsoring organization make any taxable distributions under section 4966?........

Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...

Section 501(c)(7) organizations. Enter:

Initiation fees and capital contributions included on Part VIII, line 12 ...

10a

Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities

10b

Section 501(c)(12) organizations. Enter:

Gross income from members or shareholders .........

11a

Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........

11b

12a

Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

12a

If "Yes," enter the amount of tax-exempt interest received or accrued during the year.

12b

Section 501(c)(29) qualified nonprofit health insurance issuers.

Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.

13a

Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....

13b

Enter the amount of reserves on hand ............

13c

14a

Did the organization receive any payments for indoor tanning services during the tax year?.....

14a

If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..

14b

Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.

Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.

Section 501(c)(21) organizations. Did the trust, any disqualified person, or mine operator engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.

Form 990 (2021)

Page 6

Part VI

Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

Check if Schedule O contains a response or note to any line in this Part VI..............

Section A. Governing Body and Management

Yes

Enter the number of voting members of the governing body at the end of the tax year

If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.

Enter the number of voting members included in line 1a, above, who are independent

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................

Yes

Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .

Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .

Did the organization become aware during the year of a significant diversion of the organization’s assets? .

Did the organization have members or stockholders? ................

Yes

Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................

Yes

Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................

Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:

The governing body? .......................

Yes

Each committee with authority to act on behalf of the governing body? ............

Yes

Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)

Yes

10a

Did the organization have local chapters, branches, or affiliates? ............

10a

If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?

10b

11a

Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................

11a

Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....

12a

Did the organization have a written conflict of interest policy? If "No," go to line 13.......

12a

Yes

Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................

12b

Yes

Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................

12c

Yes

Did the organization have a written whistleblower policy? ...............

Did the organization have a written document retention and destruction policy? .........

Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

The organization’s CEO, Executive Director, or top management official ...........

15a

Other officers or key employees of the organization ................

15b

If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.

16a

Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................

16a

If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............

16b

Section C. Disclosure

List the states with which a copy of this Form 990 is required to be filed MediumBullet

Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.

Own website Another's website Upon request Other (explain in Schedule O)

Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.

State the name, address, and telephone number of the person who possesses the organization's books and records:
MediumBullet

BRIAN JENNINGS5000 S BROADBAND LANE STE 224 SIOUX FALLS,SD57108 (605) 334-3381

Form 990 (2021)

Page 7

Part VII

Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors

Check if Schedule O contains a response or note to any line in this Part VII..............

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet

List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."

List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the
organization and any related organizations.

List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)		(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(1) BRIAN JENNINGS...................................................................... CEO	40.00 .................		X	132,004	0	5,763
(2) RON LAMBERTY...................................................................... SENIOR VICE PRESIDENT	40.00 .................		X	125,417	0	10,292
(3) DUANE KRISTENSEN...................................................................... PRESIDENT (JAN-FEB)	1.00 .................	X	X	0	0	0
(4) DAVE SOVEREIGN...................................................................... PRESIDENT (FEB-DEC)	1.00 .................	X	X	0	0	0
(5) TROY KNECHT...................................................................... VICE PRESIDENT	1.00 .................	X	X	0	0	0
(6) RON ALVERSON...................................................................... TREASURER	1.00 .................	X	X	0	0	0
(7) CHRIS WILSON...................................................................... SECRETARY	1.00 .................	X	X	0	0	0
(8) JOHN CHRISTIANSON...................................................................... DIRECTOR	1.00 .................	X		0	0	0
(9) CHRIS STUDER...................................................................... DIRECTOR	1.00 .................	X		0	0	0
(10) ANTHONY MOCK...................................................................... DIRECTOR	1.00 .................	X		0	0	0
(11) TREVOR HINZ...................................................................... DIRECTOR	1.00 .................	X		0	0	0
(12) JAN LUNDEBREK...................................................................... DIRECTOR	1.00 .................	X		0	0	0
(13) OWEN JONES...................................................................... DIRECTOR	1.00 .................	X		0	0	0
(14) DAVID KOLSRUD...................................................................... DIRECTOR	1.00 .................	X		0	0	0
(15) KENTON JOHNSON...................................................................... DIRECTOR	1.00 .................	X		0	0	0
(16) SCOTT MCPHEETERS...................................................................... DIRECTOR	1.00 .................	X		0	0	0
(17) DOUG PUNKE...................................................................... DIRECTOR	1.00 .................	X		0	0	0

Form 990 (2021)

Page 8

Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(18) RICK SCHWARCK........................................................................ DIRECTOR	1.00 .......................	X	0	0	0
(19) BRIAN VASA........................................................................ DIRECTOR	1.00 .......................	X	0	0	0
(20) BILL DARTT........................................................................ DIRECTOR	1.00 .......................	X	0	0	0
(21) ROBERT WALSH........................................................................ DIRECTOR	1.00 .......................	X	0	0	0
(22) REID WAGNER........................................................................ DIRECTOR	1.00 .......................	X	0	0	0
(23) RICHARD SYVERSON........................................................................ DIRECTOR	1.00 .......................	X	0	0	0

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	257,421	0	16,055

Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet

Yes

Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............

For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................

Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........

Section B. Independent Contractors

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.

(A) Name and business address	(B) Description of services	(C) Compensation
CULTIVATING CONSERVATION 607 FT WILLIAMS PKWY ALEXANDRIA,VA22304	LOBBYIST	122,779




2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 1

Form 990 (2021)

Page 9

Part VIII

Statement of Revenue

Check if Schedule O contains a response or note to any line in this Part VIII.............

(A)
Total revenue

(B)
Related or
exempt
function
revenue

(D)
Revenue
excluded from
tax under sections
512 - 514

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e	96,101

f	All other contributions, gifts, grants, and similar amounts not included above		1f	83,950

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		180,051

		Business Code
2a	MEMBERSHIP DUES	900099	1,090,079	1,090,079
b	CONFERENCES/TRADE SHOW	900099	34,275	34,275
c	ETHANOL TODAY MAGAZINE	541800	24,100	9,125	14,975
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		1,148,454

3 Investment income (including dividends, interest, and othersimilar amounts) ......			34			34
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents			6a
b	Less: rental expenses			6b
c	Rental income or (loss)			6c
d	Net rental income or (loss).......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory			7a
b	Less: cost or other basis and sales expenses			7b
c	Gain or (loss)			7c
d	Net gain or (loss).........
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a	MISCELLANEOUS		900099	2,184			2,184
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			2,184
12	Total revenue. See instructions.....			1,330,723	1,133,479	14,975	2,218

Form 990 (2021)

Page 10

Part IX

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.		(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	6,700
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	273,475
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	200,143
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	1,881
9	Other employee benefits .......	22,387
10	Payroll taxes ...........	34,953
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........	39,885
d	Lobbying ...........	130,579
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
12	Advertising and promotion ....	82,757
13	Office expenses .......	40,470
14	Information technology ......
15	Royalties ..
16	Occupancy ...........	103,442
17	Travel ............	23,572
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	119,615
20	Interest ...........	65
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	3,279
23	Insurance ...	4,285
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	LEGISLATIVE EXPENSE	97,303
b	PUBLICATION EXPENSES	54,485
c	SPECIAL PROJECT EXPENSE	17,633
d	DUES & SUBSCRIPTIONS	3,707
e	All other expenses	1,044
25	Total functional expenses. Add lines 1 through 24e	1,261,660
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Form 990 (2021)

Page 11

Part X

Balance Sheet

Check if Schedule O contains a response or note to any line in this Part IX..............

				(A) Beginning of year		(B) End of year

1	Cash–non-interest-bearing ........				1
2	Savings and temporary cash investments .........			180,233	2	168,541
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			12,051	4	7,500
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			17,098	9	11,881
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	166,797
b	Less: accumulated depreciation	10b	155,211	14,865	10c	11,586
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........				15
16	Total assets. Add lines 1 through 15 (must equal line 33)...			224,247	16	199,508

17	Accounts payable and accrued expenses .....	55,339	17	38,960
18	Grants payable ...		18
19	Deferred revenue .........	92,848	19	15,425
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D		25
26	Total liabilities. Add lines 17 through 25..	148,187	26	54,385

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	76,060	27	145,123
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	76,060	32	145,123
33	Total liabilities and net assets/fund balances ........	224,247	33	199,508

Form 990 (2021)

Page 12

Part XI

Reconcilliation of Net Assets

Check if Schedule O contains a response or note to any line in this Part XI..............

Total revenue (must equal Part VIII, column (A), line 12) ............

1,330,723

Total expenses (must equal Part IX, column (A), line 25) ............

1,261,660

Revenue less expenses. Subtract line 2 from line 1 ..............

69,063

Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..

76,060

Net unrealized gains (losses) on investments ...............

Donated services and use of facilities .................

Investment expenses .....................

Prior period adjustments .....................

Other changes in net assets or fund balances (explain in Schedule O) ........

Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))

145,123

Part XII

Financial Statements and Reporting

Check if Schedule O contains a response or note to any line in this Part XII.............

Yes

Accounting method used to prepare the Form 990: Cash Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.

Were the organization’s financial statements compiled or reviewed by an independent accountant?

Yes

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

Were the organization’s financial statements audited by an independent accountant?

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?

Yes

If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.

As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?

If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.

Form 990 (2021)

Additional Data

Software ID:
Software Version:

Form 990, Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Name of the organization

AMERICAN COALITION FOR ETHANOL

Employer identification number

45-0407345

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2021)

Schedule B (Form 990) (2021) Page 2

Name of organization AMERICAN COALITION FOR ETHANOL

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 3

Name of organization AMERICAN COALITION FOR ETHANOL		Employer identification number 45-0407345

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 4


Name of organization AMERICAN COALITION FOR ETHANOL			Employer identification number 45-0407345
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2021)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE C
(Form 990)

Department of the Treasury
Internal Revenue Service

Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527

SchCMd Bullet

Complete if the organization is described below. SchCMd Bullet

Attach to Form 990 or Form 990-EZ.
SchCMd Bullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

If the organization answered "Yes" on Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet

Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet

Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet

Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" on Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet

Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet

Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" on Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then
Round Bullet

Section 501(c)(4), (5), or (6) organizations: Complete Part III.

Name of the organization

AMERICAN COALITION FOR ETHANOL

Employer identification number

45-0407345

Part I-A

Complete if the organization is exempt under section 501(c) or is a section 527 organization.

Provide a description of the organization’s direct and indirect political campaign activities in Part IV. See instructions for definition of “political campaign activities."

Political campaign activity expenditures. See instructions .................................................................... SchCMd Bullet

Volunteer hours for political campaign activities. See instructions ..................................................................

Part I-B

Complete if the organization is exempt under section 501(c)(3).

Enter the amount of any excise tax incurred by the organization under section 4955 ................................ SchCMd Bullet

Enter the amount of any excise tax incurred by organization managers under section 4955 ....................... SchCMd Bullet

If the organization incurred a section 4955 tax, did it file Form 4720 for this year? .........................................

Yes No

Was a correction made? ......................................................................................................................

Yes No

If "Yes," describe in Part IV.

Part I-C

Complete if the organization is exempt under section 501(c), except section 501(c)(3).

Enter the amount directly expended by the filing organization for section 527 exempt function activities ..... SchCMd Bullet

Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ............................................................................................................................ SchCMd Bullet

Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b........... SchCMd Bullet

Did the filing organization file Form 1120-POL for this year? ...................................................................

Yes No

Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.

(a) Name	(b) Address	(c) EIN	(d) Amount paid from filing organization's funds. If none, enter -0-.	(e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
1
2
3
4
5
6

For Paperwork Reduction Act Notice, see the instructions for Form 990.

Cat. No. 50084S

Schedule C (Form 990) 2021

Page 2

Part II-A

Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).

A Check SchCMd Bullet

if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name, address, EIN, expenses, and share of excess lobbying expenditures).
B Check SchCMd Bullet

if the filing organization checked box A and "limited control" provisions apply.

Limits on Lobbying Expenditures (The term "expenditures" means amounts paid or incurred.)		(b) Affiliated group totals
1a	Total lobbying expenditures to influence public opinion (grass roots lobbying) ......................
b	Total lobbying expenditures to influence a legislative body (direct lobbying) ........................
c	Total lobbying expenditures (add lines 1a and 1b) ............................................................
d	Other exempt purpose expenditures ...............................................................................
e	Total exempt purpose expenditures (add lines 1c and 1d) ..................................................
f	Lobbying nontaxable amount. Enter the amount from the following table in both columns.
	If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
	Not over $500,00020% of the amount on line 1e.
	Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
	Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
	Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
	Over $17,000,000$1,000,000.

g	Grassroots nontaxable amount (enter 25% of line 1f) .................................................
h	Subtract line 1g from line 1a. If zero or less, enter -0-. ................................................
i	Subtract line 1f from line 1c. If zero or less, enter -0-. ................................................
j	If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting section 4911 tax for this year? ...................................................................................................................	Yes No

4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
	Calendar year (or fiscal year beginning in)	(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) Total

2a	Lobbying nontaxable amount

b	Lobbying ceiling amount (150% of line 2a, column(e))

c	Total lobbying expenditures

d	Grassroots nontaxable amount

e	Grassroots ceiling amount (150% of line 2d, column (e))

f	Grassroots lobbying expenditures

Schedule C (Form 990) 2021

Page 3

Part II-B

Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).

For each "Yes" response on lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.

(a)

Yes|No

(b)

Amount

During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:

Volunteers? ...........................................................................................................

Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ........

Media advertisements? ...................................................................................................

Mailings to members, legislators, or the public? .............................................................................

Publications, or published or broadcast statements? ...........................................................

Grants to other organizations for lobbying purposes? ..........................................................

Direct contact with legislators, their staffs, government officials, or a legislative body? .......................

Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................

Other activities? ...................................................................................................................

Total. Add lines 1c through 1i ....................................................................................................

Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....

If "Yes," enter the amount of any tax incurred under section 4912 ...........................................

If "Yes," enter the amount of any tax incurred by organization managers under section 4912 ...................

If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? ........................

Part III-A

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).

Yes

Were substantially all (90% or more) dues received nondeductible by members? ...............................................

Did the organization make only in-house lobbying expenditures of $2,000 or less? ............................................

Did the organization agree to carry over lobbying and political expenditures from the prior year? .................................

Part III-B

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."

Dues, assessments and similar amounts from members ......................................................................

1,090,079

Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid).

Current year .............................................................................................................................

370,410

Carryover from last year ............................................................................................................

Total ...........................................................................................................................................

370,410

Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .

392,428

If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ......................................................................................................................

Taxable amount of lobbying and political expenditures. See Instructions .........................................

-22,018

Part IV

Supplemental Information

Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.

Return Reference	Explanation
PART I-A, LINE 1:	THE ACTION COMMITTEE FOR ETHANOL IS ACE'S POLITICAL ACTION COMMITTEE. ACE PAC OPERATES AT THE STATE LEVEL. DURING 2021 THE FILING ORGANIZATION DID NOT TRANSFER ANY OF THE ORGANIZATION'S FUNDS TO THE PAC AND NO CONTRIBUTIONS WERE RECEIVED. ON DECEMBER 1, 2021, THE EXECUTIVE COMMITTEE VOTED TO DISSOLVE THE STATE-LEVEL PAC. THE DISSOLUTION OCCURRED IN 2022.

Schedule C (Form 990) 2021

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
SchDMd Bullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

Name of the organization

AMERICAN COALITION FOR ETHANOL

Employer identification number

45-0407345

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... SchDMd Bullet

(ii)

Assets included in Form 990, Part X ............................... SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2021

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

Permanent endowment SchDMd Bullet

Term endowment SchDMd Bullet

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....
b	Buildings ....
c	Leasehold improvements	27,209	26,679	530
d	Equipment ....	67,273	56,217	11,056
e	Other .....	72,315	72,315	0
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				11,586

Schedule D (Form 990) 2021

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2021

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......		1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................		2e
3	Subtract line 2e from line 1..................		3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................		4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......		5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........		1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................		2e
3	Subtract line 2e from line 1...................		3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................		4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......		5

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference

Explanation

PART X, LINE 2:

THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED.

Schedule D (Form 990) 2021

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Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Name of the organization
AMERICAN COALITION FOR ETHANOL

Employer identification number
45-0407345

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient

that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section (if applicable)	(d) Amount of cash grant	(e) Amount of non-cash assistance	(f) Method of valuation (book, FMV, appraisal, other)	(g) Description of noncash assistance	(h) Purpose of grant or assistance
(1) SCHOLARSHIP AMERICA ONE SCHOLARSHIP WAY SAINT PETER,MN56082	04-2296967	501C3	6,700	0			SCHOLARSHIPS

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) 2021

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance	(b) Number of recipients	(c) Amount of cash grant	(d) Amount of noncash assistance	(e) Method of valuation (book, FMV, appraisal, other)	(f) Description of noncash assistance

(1)
(2)
(3)
(4)
(5)
(6)
(7)

Part IV

Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.

Return Reference

Explanation

PART I, LINE 2:

SCHOLARSHIP MANAGEMENT SERVICES HAS ADMINISTERED ACE'S SCHOLARSHIP PROGRAM FOR MORE THAN 10 YEARS. WE SELECTED THEM BECAUSE OF THEIR SOLID REPUTATION FOR SERVING AS AN IMPARTIAL, THIRD PARTY ADMINISTRATOR OF SCHOLARSHIP FUNDS. THEY RECEIVE THE STUDENTS' APPLICATIONS, REVIEW THEM, AND SELECT THE WINNERS BASED ON OBJECTIVE CRITERIA. THEY ARE A DIVISION OF SCHOLARSHIP AMERICA, THE LARGEST PRIVATE, NONPROFIT SCHOLARSHIP AND EDUCATION ASSISTANCE ORGANIZATION IN THE UNITED STATES.

Schedule I (Form 990) 2021

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SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Name of the organization

AMERICAN COALITION FOR ETHANOL

Employer identification number

45-0407345

Return Reference	Explanation
FORM 990, PART III, LINE 2	COLLABORATION ON THE $7.5 MILLION REGIONAL CONSERVATION PARTNERSHIP PROGRAM (RCPP) PROJECT ANNOUNCED IN SEPTEMBER 2021.
FORM 990, PART VI, SECTION A, LINE 1A	THE PRESIDENT, VICE PRESIDENT, TREASURER, SECRETARY, AND TWO ADDITIONAL DIRECTORS APPOINTED BY THE BOARD SHALL CONSTITUTE THE ACE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE REVIEWS AND ACTS ON THE ANNUAL AUDITED OR REVIEWED FINANCIAL STATEMENTS, REVIEWS AND ACTS ON BUDGETARY MATTERS, HELPS OVERSEE ACE MANAGEMENT ACTIVITIES, MAKES RECOMMENDATIONS TO THE BOARD OF DIRECTORS, AND COMPLETES OTHER DUTIES AS DEEMED NECESSARY.
FORM 990, PART VI, SECTION A, LINE 2	CHRIS WILSON AND DOUG PUNKE HAVE A BUSINESS RELATIONSHIP.
FORM 990, PART VI, SECTION A, LINE 6	THERE ARE TWO CATEGORIES OF MEMBERSHIP: 1. VOTING MEMBER QUALIFICATIONS: - AN ETHANOL OR BIOFUEL PRODUCTION ENTITY; - REPRESENTS PRODUCERS OF AGRICULTURAL COMMODITIES AND OTHER FEEDSTOCKS USED TO PRODUCE ETHANOL OR BIOFUEL; - A RURAL ELECTRIFICATION ENTITY; - FIRMS THAT MARKET ETHANOL, BIOFUELS, OR COPRODUCTS AND FIRMS THAT DESIGN OR BUILD ETHANOL OR BIOFUEL FACILITIES; OR - ANY OTHER PARTY WHO DEMONSTRATES THE HIGHEST LEVEL OF SUPPORT TO THE SUCCESS OF THE ETHANOL INDUSTRY. 2. NON-VOTING MEMBER QUALIFICATIONS: - ASSOCIATE MEMBERS. ANY NATURAL PERSON, PARTNERSHIP, ASSOCIATION OR CORPORATION WHICH PROVIDES GOODS AND SERVICES IN SUPPORT OF ETHANOL, BIOFUEL, OR COPRODUCT PRODUCTION OR THE ETHANOL INDUSTRY, OTHER THAN THOSE LISTED AS VOTING MEMBERS. - INDIVIDUAL MEMBER. ANY PERSON, OTHER THAN THOSE LISTED AS VOTING MEMBERS OR ASSOCIATE MEMBERS, WHO SUPPORTS THE ADVANCEMENT OF THE ETHANOL INDUSTRY.
FORM 990, PART VI, SECTION A, LINE 7A	ACE VOTING AND ETHANOL PRODUCER MEMBERS ELECT BOARD DIRECTORS AT THE ANNUAL BUSINESS MEETING.
FORM 990, PART VI, SECTION B, LINE 11B	THE 990 IS REVIEWED BY THE CEO. AFTER HIS REVIEW, IT IS MADE AVAILABLE TO BOARD MEMBERS UPON REQUEST.
FORM 990, PART VI, SECTION B, LINE 12C	ANY ACE DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST THROUGH BUSINESS, INVESTMENT, OR FAMILY ARE INTERESTED PERSONS AND ARE COVERED BY THE CONFLICT OF INTEREST POLICY. ANNUALLY, ALL INTERESTED PERSONS ARE ASKED TO SIGN THE CONFLICT OF INTEREST POLICY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BODY OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER ACE CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. THE MINUTES OF THE GOVERNING BOARD OR ALL COMMITTEES WITH BOARD DELEGATED POWERS SHALL CONTAIN THE DISCUSSIONS ON ALL POSSIBLE CONFLICTS OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15	THE EXECUTIVE COMMITTEE DISCUSSES JOB PERFORMANCE AND ACCOMPLISHMENTS OF THE CEO AND DETERMINES COMPENSATION BASED UPON PERFORMANCE AND ACCOMPLISHMENT. THE CEO DETERMINES COMPENSATION FOR THE SENIOR VICE PRESIDENT.
FORM 990, PART VI, SECTION C, LINE 19	THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2021

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