Illinois Soybean Board

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 376152654 ✦ Bloomington, IL ✦ Designated as a 501(c)(5)

Overview

What is Illinois Soybean Board?

The Illinois Soybean Board is a Bloomington, Illinois-based nonprofit organization with a team of 38 employees. Their primary mission is to communicate information to Illinois soybean farmers to help them become market leaders in sustainable soybean production and profitability. By ensuring Illinois soy is of the highest quality, most dependable, sustainable, and competitive in the global marketplace, the Illinois Soybean Board strives to support the growth and success of soybean farmers within the organization's reach.


Official website here: www.ilsoy.org

Is Illinois Soybean Board legitimate?

Illinois Soybean Board is a legitimate nonprofit organization registered as a 501(c)(5) entity. Illinois Soybean Board submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $307,873
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,871,581

For more financial information, click here


Official website here: www.ilsoy.org

What is the mission statement of Illinois Soybean Board?

The Illinois Soybean Board strives to make Illinois soybean the highest quality, most dependable, sustainable, and competitive product in the global marketplace. They communicate essential information to Illinois soybean farmers, helping them excel in sustainable soybean production and profitability. Their primary goal is to ensure the superiority of Illinois soybean in the global marketplace.


Official website here: www.ilsoy.org

Who is the CEO of Illinois Soybean Board?

Ron Kindred is the Chairperson of Illinois Soybean Board. The CEO's salary of Illinois Soybean Board is $224,990 and their total compensation is $248,713.


Official website here: www.ilsoy.org

What is the revenue of Illinois Soybean Board?

Illinois Soybean Board's revenue in 2023 was $23,904,585.


Official website here: www.ilsoy.org

Who are the executives of Illinois Soybean Board and what are their salaries?

The average compensation at Illinois Soybean Board during 2023 was $83,670. There are 38 employees at Illinois Soybean Board.

Here are 26 key members and their salaries (Illinois Soybean Board's CEO's salary is $224,990 and their total compensation is $248,713):

    John Lumpe (Ceo)
  • Compensation: $224,990
  • Related: $0
  • Other: $23,723

    • Kathryn Owen (Cfo)
  • Compensation: $82,883
  • Related: $0
  • Other: $7,327

    • Ron Kindred (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Daugherty (Vice-Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan Severs (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Scates (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dwayne Anderson (Asst Secretary-Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Frieders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Pitstick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Buck Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Read (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Niekamp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elliott Uphoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Murray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brock Willard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heath Hauck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Atteberry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Harre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Rubenacker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betsey Emerick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Gaffner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brady Holst (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff O'Connor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Wessel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ilsoy.org

    Where can I find the form 990 for Illinois Soybean Board?

    The Illinois Soybean Board’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.ilsoy.org

    Learn more at the official website: www.ilsoy.org

    Mission Statement of Illinois Soybean Board

    The Illinois Soybean Board is dedicated to ensuring that Illinois soy is of the highest quality, most dependable, sustainable, and competitive in the global marketplace. In pursuit of this mission, the organization prioritizes effective communication as a key strategy. By disseminating pertinent information to Illinois soybean farmers, the Board strives to help them excel in sustainable soybean production and profitability. In doing so, the Illinois Soybean Board positions Illinois soy as a leader in the global market. Through its commitment to communication, the Board supports the long-term success and competitiveness of Illinois soybean farmers in the ever-evolving agricultural landscape.

    Impact

    This information is meant to be a general summary of Illinois Soybean Board. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Illinois Soybean Board plays a crucial role in ensuring that Illinois soy remains the highest quality, most dependable, sustainable, and competitive in the global marketplace. Through its communications efforts, the board provides vital information to help Illinois soybean farmers become market leaders in sustainable soybean production and profitability. Their work aims to support the growth and success of the soybean industry in Illinois, benefiting both farmers and the global food market.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $170,626
  • Program Service Revenue: $23,733,959
  • Gross Receipts: $24,961,442

    • Assets and Liabilities:
  • Total Assets: $28,119,823
  • Total Liabilities: $4,547,445
  • Net Assets: $23,572,378
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CHECK-OFF REVENUE

    Revenue

    $23,558,927

    SPONSORSHIPS AND MISCELLANEOUS

    Revenue

    $175,032

    Organization Details

    Founding Year

    1974

    Principal Officer

    Ron Kindred

    Main Address

    1108 TRINITY LANE, BLOOMINGTON, IL, 61704

    NTEE Category

    Code: K20 - Food

    If you are a representative of Illinois Soybean Board and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.