Iowa Soybean Association

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

EIN: 426127197 ✦ Ankeny, IA ✦ Designated as a 501(c)(5)

Overview

What is Iowa Soybean Association?

The Iowa Soybean Association is a nonprofit organization located in Ankeny, Iowa, with a US address at 1255 SW Prairie Trail Parkway, ZIP code 50023. Their primary objective is to conduct on-farm research with the goal of stabilizing and increasing soybean yield while improving production efficiency and the environment. This mission aims to help soybean farmers become more profitable by collecting science-based information related to crop production. The association also promotes the soybean industry through various projects and programs, including research, education, promotion, and market development. The Iowa Soybean Association's team consists of 85 employees dedicated to improving conditions for soybean farmers and enhancing the quality and efficiency of their work.


Official website here: www.iasoybeans.com

Is Iowa Soybean Association legitimate?

Iowa Soybean Association is a legitimate nonprofit organization registered as a 501(c)(5) entity. Iowa Soybean Association 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: $712,713
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,602,930

For more financial information, click here


Official website here: www.iasoybeans.com

What is the mission statement of Iowa Soybean Association?

The Iowa Soybean Association is dedicated to enhancing the livelihoods of soybean producers by advancing their industry. Through projects and programs, the organization aims to improve the quality of soybean products and foster greater efficiency in production. Specifically, their efforts encompass research, education, promotion, and market development. By investing in these areas, the Iowa Soybean Association strives to elevate the conditions for those involved in soybean farming and create higher financial returns for their occupations.


Official website here: www.iasoybeans.com

Who is the CEO of Iowa Soybean Association?

Steve Mcginnis is the Director of Iowa Soybean Association. The CEO's salary of Iowa Soybean Association is $404,383 and their total compensation is $444,389.


Official website here: www.iasoybeans.com

What is the revenue of Iowa Soybean Association?

Iowa Soybean Association's revenue in 2022 was $49,594,198.


Official website here: www.iasoybeans.com

Who are the executives of Iowa Soybean Association and what are their salaries?

The average compensation at Iowa Soybean Association during 2022 was $62,537. There are 85 employees and 161 volunteers at Iowa Soybean Association.

Here are 29 key members and their salaries (Iowa Soybean Association's CEO's salary is $404,383 and their total compensation is $444,389):

    Kirk Leeds (Chief Executive Officer)
  • Compensation: $404,383
  • Related: $8,548
  • Other: $31,458

    • Ed Anderson (Sr. Director Of Research)
  • Compensation: $250,799
  • Related: $0
  • Other: $22,797

    • Sean Mcmahon (Iawa Executive Director)
  • Compensation: $181,660
  • Related: $0
  • Other: $29,194

    • Roger Wolf (Director Of Environmental)
  • Compensation: $152,306
  • Related: $25,830
  • Other: $22,363

    • Aaron Putze (Sr. Director Of Informatio)
  • Compensation: $163,937
  • Related: $296
  • Other: $28,097

    • Michael Steenhoek (Ex. Director Of Soy Transp)
  • Compensation: $154,118
  • Related: $0
  • Other: $14,753

    • Steve Mcginnis (Chief Financial Officer)
  • Compensation: $139,823
  • Related: $5,780
  • Other: $1,966

    • Morey Hill (Director)
  • Compensation: $4,300
  • Related: $0
  • Other: $0

    • Dave Walton (Treasurer, Through 9/6) [Trustee/Director]
  • Compensation: $3,400
  • Related: $0
  • Other: $0

    • Brent Swart (Treasurer, Beginning 9/7) [Trustee/Director]
  • Compensation: $3,200
  • Related: $0
  • Other: $0

    • Randy Miller (President, Beginning 9/7) [Trustee/Director]
  • Compensation: $2,800
  • Related: $0
  • Other: $0

    • Marty Danzer (Director)
  • Compensation: $2,509
  • Related: $0
  • Other: $0

    • Warren Bachman (Director)
  • Compensation: $2,300
  • Related: $0
  • Other: $0

    • Scot Bailey (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0

    • Robb Ewoldt (President, Through 9/6) [Trustee/Director]
  • Compensation: $1,700
  • Related: $0
  • Other: $0

    • Tim Bardole (Director)
  • Compensation: $1,500
  • Related: $0
  • Other: $0

    • Rick Juchems (Director)
  • Compensation: $1,300
  • Related: $0
  • Other: $0

    • Suzanne Shirbroun (President Elect, Beginning 9/7) [Trustee/Director]
  • Compensation: $1,200
  • Related: $0
  • Other: $0

    • Lindsay Greiner (Director)
  • Compensation: $1,100
  • Related: $0
  • Other: $0

    • Casey Schlichting (Director)
  • Compensation: $800
  • Related: $0
  • Other: $0

    • Tom Vincent (Director)
  • Compensation: $800
  • Related: $0
  • Other: $0

    • Tom Adam (At Large, Beginning 9/7) [Trustee/Director]
  • Compensation: $600
  • Related: $0
  • Other: $0

    • Brent Renner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pat Swanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • April Hemmes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Essick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chuck White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Frank (Secretary, Beginning 9/7) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lee Brooke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.iasoybeans.com

    Where can I find the form 990 for Iowa Soybean Association?

    The Iowa Soybean Association’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.iasoybeans.com

    Learn more at the official website: www.iasoybeans.com

    Mission Statement of Iowa Soybean Association

    The Iowa Soybean Association, a renowned organization, is dedicated to enhancing the conditions of soybean farmers and elevating the quality of their produce. By promoting the soybean industry, the Association strives to create a more efficient and financially rewarding experience for those engaged in its production. To accomplish these objectives, the Iowa Soybean Association focuses on several key areas, including research, education, promotion, and market development.

    By investing in research, the Association contributes to the advancement of soybean farming practices, ensuring that farmers have access to the most current and effective methods. Education is another vital component, with the Association providing opportunities for continuous learning to help farmers optimize their operations. Through promotion efforts, the Iowa Soybean Association raises awareness about the benefits of soybeans and the industry as a whole. Lastly, market development is a critical focus, as the Association works to create new opportunities and expand existing markets for soybean farmers.

    In summary, the Iowa Soybean Association is a driving force behind the soybean industry, dedicated to improving the lives and livelihoods of farmers through innovative research, educational programs, effective promotional efforts, and strategic market development initiatives.

    Impact

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




    Thursday, August 15, 2024

    The Iowa Soybean Association's impact is significant in aiding the promotion of the soybean industry through various projects and programs. Their activities focus on conducting on-farm research to stabilize and increase yield while improving production efficiency and environmental sustainability. By collecting science-based information related to crop production, the association helps growers become more profitable. The association's mission is to enhance the conditions of those involved in soybean production, improve the quality of their products, and increase efficiency and financial returns from their occupations. Through research, education, promotion, and market development initiatives, the Iowa Soybean Association plays a crucial role in advancing the soybean industry.





    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 2022.

  • Investment Income: $125,975
  • Program Service Revenue: $46,488,667
  • Gross Receipts: $49,594,198

    • Assets and Liabilities:
  • Total Assets: $41,040,308
  • Total Liabilities: $8,657,891
  • Net Assets: $32,382,417
  • Programs

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

    NATIONAL CHECKOFF ASSESSMENT

    Revenue

    $43,890,996

    CONTRACT REVENUE

    Revenue

    $2,597,671

    Organization Details

    Founding Year

    1964

    Principal Officer

    Steve Mcginnis

    Main Address

    1255 SW PRAIRIE TRAIL PARKWAY, ANKENY, IA, 50023

    NTEE Category

    Code: K20 - Food

    If you are a representative of Iowa Soybean Association 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.