Overview
What is Delaware Soybean Board?
The Delaware Soybean Board is a nonprofit organization, headquartered at a post office box in Salisbury, Maryland. In accordance with federal law, half of the assessments they collect are forwarded to the United Soybean Board. Their primary mission is to fund projects that contribute to the growth of soybean exports, promote soybeans, and educate farmers and consumers about soybean research. Their aim is to decrease production costs for farmers by funding initiatives in marketing, promoting soybeans, discovering new uses for soybeans, educating about soybeans, and conducting research in this field.
Official website here: www.desoybeans.org
Is Delaware Soybean Board legitimate?
Delaware Soybean Board is a legitimate nonprofit organization registered as a 501(c)(5) entity. Delaware 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 tax deductible.
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Official website here: www.desoybeans.org
What is the mission statement of Delaware Soybean Board?
The Delaware Soybean Board's mission is centered around funding projects that contribute to the expansion of soybean exports and promote the use of soybeans. They also engage in activities aimed at educating both farmers and consumers about soybean research. The primary objective is to disburse the collected assessments towards marketing, promotion of soybeans, and new uses, as well as soybean education and research. This initiative is designed to decrease production costs for farmers. As per federal law, half of the collected assessments are forwarded to the United Soybean Board.
Official website here: www.desoybeans.org
What is the revenue of Delaware Soybean Board?
Delaware Soybean Board's revenue in 2024 was $445,984.
Official website here: www.desoybeans.org
Who are the executives of Delaware Soybean Board and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.desoybeans.org
Where can I find the form 990 for Delaware Soybean Board?
Delaware Soybean Board's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.desoybeans.org
Learn more at the official website: www.desoybeans.org
Mission Statement of Delaware Soybean Board
The Delaware Soybean Board, a nonprofit organization, is tasked with funding projects that aim to expand soybean exports, promote soybeans, and educate both farmers and consumers about soybean research. Their mission is centered around collecting assessments and utilizing the funds collected to support projects related to marketing, the promotion of soybeans, and the exploration of new uses for soybeans. Additionally, the organization invests in soybean education and research, with the ultimate goal of decreasing production costs for farmers. As per federal law, half of the assessments collected by the Delaware Soybean Board are forwarded to the United Soybean Board.
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Impact
October, 2024
The Delaware Soybean Board significantly impacts the agricultural landscape by funding initiatives that enhance the expansion of soybean exports and promote soybean use. By collecting assessments from soybean producers, the Board allocates resources to vital projects focused on marketing, research, and education related to soybeans. This includes efforts to inform farmers and consumers about soybean research, providing data-driven insights that help reduce production costs and maximize efficiency for farmers. Additionally, by adhering to federal requirements to forward half of the assessments to the United Soybean Board, the Delaware Soybean Board strengthens its contribution to broader industry efforts, ensuring that local producers are part of a larger national framework aimed at enhancing the soybean sector's viability and growth.
This information is meant to be a general summary of Delaware Soybean Board. 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 2024.
- Investment Income: $4,826
- Program Service Revenue: $429,378
- Gross Receipts: $445,984
Assets and Liabilities:
- Total Assets: $307,817
- Total Liabilities: $43,976
- Net Assets: $263,841
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS 1ST PURCHA
Revenue
$429,378
Organization Details
Founding Year
1985
Principal Officer
Sandra Davis
Website
www.desoybeans.orgNTEE Category
Code: K20 - Food
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