Abstract: A ice fishing implement caddy for holding a plurality of ice fishing implements. The ice fishing implement caddy includes a frame having a bottom wall, a first end wall, a second end wall and a top wall. The top wall has a plurality of openings extending therethrough. A slot extends through the top wall and is positioned generally adjacent to the first end wall. The frame has a height generally between 14 inches and 18 inches. A dividing wall is attached to and extends upwardly from the bottom wall. The dividing wall is attached to the second end wall and extends toward the first end wall. Each of a plurality of intermediate walls traverses the bottom wall and extends between a first side edge and a second edge of the bottom wall such that compartments are defined between adjacent intermediate walls. A portion of the intermediate walls extend through the dividing wall such that compartments are defined within said frame.