Overview
What is United States Soybean Export Council Inc?
The United States Soybean Export Council Inc, based in Chesterfield, Missouri, serves as a nonprofit organization dedicated to promoting and expanding the use of U.S. soybean products globally. With a team of 62 employees, they focus on administering soybean checkoff activities, primarily concerning research and market development. Their mission is to meet the needs of their stakeholders and global customers, thereby maximizing the use of U.S. soy internationally. Through their extensive network of international offices, they create and sustain demand for U.S. soybean products.
Official website here: www.ussec.org
What are the reviews and ratings of this charity?
The United States Soybean Export Council Inc is not currently rated by Charity Navigator. Ratings are typically derived from several beacon scores, but due to certain requirements and the organization’s current classification, a comprehensive evaluation is not available. The lack of a rating does not imply a negative or positive stance but highlights the need for specific data for assessment.
Historically, Charity Navigator evaluations focus on areas of Accountability and Finance, which are not currently accessible for this organization. Other potential evaluation areas such as Impact & Measurement and Culture & Community are also not applicable, as the council is not registered as a 501(c)(3) nonprofit.
There are no user reviews available from GreatNonprofits, so public sentiment and personal experiences with the organization remain undocumented in this context.
This AI summary has been generated from information found on Charity Navigator.
Is United States Soybean Export Council Inc legitimate?
United States Soybean Export Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. United States Soybean Export Council Inc 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $3,973,246
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,387,371
For more financial information, click here
Official website here: www.ussec.org
What is the mission statement of United States Soybean Export Council Inc?
The United States Soybean Export Council Inc functions with a mission to maximize the utilization of U.S. soybeans on a global scale, catering to the needs of their stakeholders and international customers. Through an extensive network of international offices, they work diligently to establish and maintain demand for U.S. soybean products. In essence, their primary objective is to ensure the optimal use of U.S. soybeans internationally. The organization manages soybean checkoff activities, focusing on research, market development, and expansion to further strengthen their position in the global market.
Official website here: www.ussec.org
Who is the CEO of United States Soybean Export Council Inc?
Jim Sutter is the CEO of United States Soybean Export Council Inc The CEO's salary of United States Soybean Export Council Inc is $682,096 and their total compensation is $738,300.
Official website here: www.ussec.org
What is the revenue of United States Soybean Export Council Inc?
United States Soybean Export Council Inc's revenue in 2023 was $75,511,789.
Official website here: www.ussec.org
Who are the executives of United States Soybean Export Council Inc and what are their salaries?
The average compensation at United States Soybean Export Council Inc during 2023 was $119,088. There are 87 employees and 15 volunteers at United States Soybean Export Council Inc.
Here are 40 key members and their salaries (United States Soybean Export Council Inc's CEO's salary is $682,096 and their total compensation is $738,300):
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- Compensation: $300,578
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- Compensation: $682,096
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- Compensation: $147,386
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- Other: $28,568
Official website here: www.ussec.org
Where can I find the form 990 for United States Soybean Export Council Inc?
United States Soybean Export Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ussec.org
Learn more at the official website: www.ussec.org
Mission Statement of United States Soybean Export Council Inc
United States Soybean Export Council Inc, also known as USB, is a nonprofit organization dedicated to maximizing the use of U.S. soy internationally. With a global network of international offices, USB works tirelessly to create and sustain demand for U.S. soybean products. Their mission is threefold: research, market development, and expansion.
USB administers activities under the Soybean Checkoff, focusing primarily on advancing research and market development for U.S. soy. By meeting the needs of their stakeholders and global customers, USB ensures the continued success and demand for U.S. soy products in the international market. The organization's efforts aim to strengthen the competitiveness of the U.S. soybean industry and maintain its position as a global leader in soy production.
USB's mission is essential for the growth and success of the U.S. soybean industry. By fostering relationships with international customers and partners, USB opens doors to new markets and opportunities for U.S. soybean farmers. Through strategic research initiatives and market development programs, USB drives innovation and progress within the industry, ensuring the long-term sustainability of U.S. soybean production.
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Impact
October, 2024
The United States Soybean Export Council Inc plays a significant role in enhancing the demand for U.S. soybean products globally. By leveraging a robust network of international offices, the organization works strategically to develop and expand markets for soybeans, thereby benefiting U.S. farmers and the agricultural sector.
Through a focus on research and market development, it administers soybean checkoff activities aimed at optimizing the use of U.S. soy internationally. This commitment not only meets the needs of stakeholders but also addresses the diverse requirements of global customers, positioning U.S. soybeans as a preferred choice in international markets. As a result, the council contributes to the sustainability and growth of U.S. agriculture while fostering community improvement initiatives within the industry.
This information is meant to be a general summary of United States Soybean Export Council Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $767
- Program Service Revenue: $75,511,022
- Gross Receipts: $75,511,789
Assets and Liabilities:
- Total Assets: $26,486,204
- Total Liabilities: $24,026,513
- Net Assets: $2,459,691
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHECKOFF PROGRAMS
Revenue
$55,377,234
FOREIGN MARKET DEVELOPMENT
Revenue
$8,410,364
MARKET ACCESS PROGRAM
Revenue
$6,665,041
AGRICULTURAL TRADE PROGRAM
Revenue
$3,731,346
MEMBERSHIP DUES
Revenue
$566,570
Organization Details
Founding Year
2005
Phone
(636) 449-6400Principal Officer
James Ted Sutter
Main Address
16305 SWINGLEY RIDGE ROAD 200, CHESTERFIELD, MO, 63017
Website
www.ussec.orgNTEE Category
Code: S40 - Community improvement
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