Tag: public benefit corporation

Iroquois Valley recognized as 2021 Best for the World B Corp

Iroquois Valley Farmland REIT, PBC is proud to announce our recognition as a Best for the World B Corp: Governance for 2021. 

This award honors Iroquois Valley for our exemplary governance and commitment to long-term stakeholder-minded business practices. Through the adoption of legal practices that underscore our commitment to more than shareholders, we are ensuring that Iroquois Valley will fulfill our triple-bottom-line mission. 

“Best for the World is a special program for the B Corp community, and we’re thrilled to resume it after pausing the program in 2020 due to COVID-19,” says Juan Pablo Larenas, Executive Director of B Lab Global. “This year’s Best for the World companies are operating at the very top of their class, excelling in creating positive impact for their stakeholders, including their works, communities, customers, and environment. We’re proud of the community of stakeholder-driven businesses we’ve cultivated over the last 15 years; together we’re marching toward our collective vision of an inclusive, equitable, and regenerative economic system for all people and the planet.” 

Best for the World B Corps score in the top 5% of all B Corps on the B Impact Assessment in their corresponding size group. This year, 767 B Corps from over 50 countries were named to the 2021 Best for the World lists, including companies such as Patagonia, TOMS, and Natura. 

Iroquois Valley Farmland REIT, PBC Names Tera Johnson CEO

EVANSTON, IL – Iroquois Valley Farmland REIT, PBC announced today that Tera Johnson will succeed co-founder, David Miller, as Chief Executive Officer effective September 1, 2021. 

David Miller, co-founder. Photo first appeared in Eating Well magazine.

Johnson is the founder of the Food Finance Institute (FFI), a nonprofit organization that provides financial technical assistance to food, beverage, and value-added agriculture enterprises. Miller plans to remain on the Iroquois Valley board and will support Johnson as she assumes responsibilities, in addition to managing special projects. He looks forward to the opportunity to step back from day-to-day operations.

“As I look back on the last fifteen years, I believe we were successful in establishing a deeply rooted organic foothold in a region I characterize as a dead soil monoculture,” Miller shares. “I see Tera building on that organic foundation and going beyond. Under her guidance, we will accelerate our commitment to conservation and diversity–in our investments and in our products and programs.”

Miller, founded Iroquois Valley with his friend and former college roommate, Dr. Stephen Rivard in 2007. Miller has served as CEO since inception. Iroquois Valley is one of the first companies in North America to offer investors direct exposure to a diversified organic farmland portfolio. With independent farmers and ranchers at the heart of its investment strategy, Miller led the company as it grew from one relationship with a farming family on a single property in Iroquois County, Illinois to a $75 million portfolio representing 50 farmer relationships in 15 states.

Iroquois Valley is supported by over 500 investors in 47 states, 25% of whom are non-accredited, retail investors who committed capital after the company’s Regulation A+ offering launched in 2019. Over Miller’s fifteen years as CEO, Iroquois Valley incorporated as a real estate investment trust and public benefit corporation, received recognition as a “Best for the World” certified B Corp, and was consistently named to ImpactAssets’ IA50.

“In a time when the mission of Iroquois Valley is more important than ever,” Johnson says, “I’m humbled and inspired to build on the strong foundation that Dave and his team have built and to lead the team into the next phase of Iroquois Valley.”

Johnson built her career around her mission to create the next generation of environmentally and economically regenerative food and farming businesses. Her work at the helm of FFI saw over 600 people from over 400 organizations throughout the U.S. trained in financial management and business consulting. FFI has provided technical assistance to 230 food, farm, and food system businesses since establishment. FFI is part of the University of Wisconsin System’s Institute for Business & Entrepreneurship. Johnson also launched Edible-Alpha®, a digital resource hub providing actionable insights, training, resources and tools. Her podcast interviews with entrepreneurs, bankers, and investors have been downloaded over 45,000 times, with listeners in all 50 states and eight countries. Johnson is the founder of Simply Tera’s and is the 2017 Extension Chancellor’s Wisconsin Idea Award winner. Johnson is a frequent speaker, teacher and financial consultant to sustainable food and farming businesses, social venture funds and investors.

About Iroquois Valley Farmland REIT, PBC

Iroquois Valley is a regenerative finance company that provides land security and financial products to organic farmers by raising capital from mission-driven investors. Iroquois Valley offers long-term leases, mortgage lending, and operating lines of credit to organic and transitioning farmers and ranchers throughout the United States. The company has equity and debt investment options and works with a large network of financial advisors. www.iroquoisvalley.com

Contact: Claire Mesesan, acting communications director

(847) 859-6645 ext. 702 | cmesesan@iroquoisvalleyfarms.com

Celebrating B Corp Month

March is B Corp Month, a time to celebrate the community of Certified B Corps and our collective impact. 

We became a B Corp in 2012 (and public benefit corporation in 2016) to demonstrate our commitment to triple bottom line impact. Our work is about helping organic and regenerative farmers succeed by providing innovative financial tools like long-term leases, mortgages, and, most recently, operating lines of credit. Our farmers create impact with their land and with their communities. Organic and regenerative farming has been increasingly recognized as a powerful tool to mitigate and even reverse climate change. This work is supported by impact investors, a community that prioritizes more than just financial returns. We’re proud to be a part of the B Corp community and to be working with farmers and investors alike to make business a force for good.

This B Corp month, we’d like to highlight a new B Corp within our financial advisory network. Figure 8 Investment Strategies is an independent registered investment advisor based in Boise, Idaho and was founded by Lisa Cooper in 2016 with the mission to shift the balance of wealth and power. Figure 8 integrates social and environmental impact into every aspect of its business, from its employees and operations, to the investment decisions made across client accounts. Figure 8 proudly earned its B Corp certification in January 2020.

Congrats to Figure 8 – welcome to the B Corp community!

A Best for the World Company

Iroquois Valley Farmland REIT, PBC is recognized as a “Best For The World” B Corp for customers, governance and overall.

Iroquois Valley, a Certified B Corporation, has been named a Best For The World honoree in recognition of their significant positive impact in their innovative governance structures, supportive customer service, and across all categories. Ranking in the top 10% of all B Corps for their overall impact, Iroquois Valley earned this honor because of their overall mission, ethics, and promotion of public benefit.

“We’re incredibly proud of this year’s Best For The World honorees,” says Anthea Kelsick, Chief Marketing Officer of B Lab. “These inspiring companies represent the kinds of business models and impact-driven business strategies that are building a new economy—one that is inclusive, regenerative, and delivers value to all stakeholders, not just shareholders. To that end, B Corps like Iroquois Valley are redefining capitalism and showing that it actually can work for everyone.”

1,000 B Corps from 44 countries were named to the 2019 Best For The World lists, including Patagonia, Beautycounter, Dr. Bronner’s, TOMS, Seventh Generation, and Greyston Bakery. The 2019 Best For The World honorees are determined based on the verified B Impact Assessments of Certified B Corporations. The full lists are available on https://bcorporation.net/.

Events

“We’re part of the solution: #fornature”: Celebrating the International Day for Biodiversity

May 24, 2021
On May 22nd, the U.N.-sponsored International Day for Biological Diversity (IDB) was celebrated around the world. The IDB reminds us that biodiversity is the solution to several sustainable development challenges, including food security, climate change, and health issues.

News

Iroquois Valley recognized as 2021 Best for the World B Corp

August 18, 2021
Iroquois Valley Farmland REIT, PBC is proud to announce our recognition as a Best for the World B Corp: Governance for 2021. This award honors Iroquois Valley for our exemplary governance and commitment to long-term stakeholder-minded business practices.

What We're Reading

Iroquois Valley joins Will County, IL farm alliance to improve soil health, water quality and local economies

August 20, 2021
We need a regional agricultural food, nutrition and conservation business plan that incentivizes farmers to continue producing economic, environmental and social benefits for another 100 years.  

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