Kentucky Soybean Association Inc

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

EIN: 310889506 ✦ Princeton, KY ✦ Designated as a 501(c)(5)

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Overview

What is Kentucky Soybean Association Inc?

Kentucky Soybean Association Inc, based in Princeton, Kentucky, serves as a nonprofit organization with a mission to boost the usage and sales of soybeans and soybean products. They achieve this through educational programs and promotional shows. Their primary focus lies in the field of soybean market development and research. The association actively works towards increasing soybean profitability for its members by advocating, setting policies, and providing education. Located at PO Box 30, Princeton, KY 42445, they strive to promote the soybean industry in the state and beyond.


Official website here: www.kysoy.org

Is Kentucky Soybean Association Inc legitimate?

Kentucky Soybean Association Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Kentucky Soybean Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.kysoy.org

What is the mission statement of Kentucky Soybean Association Inc?

The Kentucky Soybean Association Inc, in its mission, works towards enhancing the profitability of its members through advocacy, policy, and education. This is achieved by promoting and stimulating the increased use and sale of soybeans and soybean products. They accomplish this goal through educational initiatives and promotional events. The association aims to foster a market for soybeans and soybean products, thereby benefiting its members financially.


Official website here: www.kysoy.org

Who is the CEO of Kentucky Soybean Association Inc?

Debbie Ellis is the Director of Kentucky Soybean Association Inc.


Official website here: www.kysoy.org

What is the revenue of Kentucky Soybean Association Inc?

Kentucky Soybean Association Inc's revenue in 2023 was $193,688.


Official website here: www.kysoy.org

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


Here are 26 key members and their salaries:


Daniel Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Alford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Ellis (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Furnish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Gajdzik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Gatton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brennan Gilkison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Hendricks (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Houston Howlett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Kuegel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Moss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Pirtle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Quint Pottinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caleb Ragland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Reding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Reynolds (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Spencer Sims (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Strode (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Stull (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Tucker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clay Wells (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Wells (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Williford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Winchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kysoy.org

Where can I find the form 990 for Kentucky Soybean Association Inc?

Kentucky Soybean Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.kysoy.org

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

Mission Statement of Kentucky Soybean Association Inc

Kentucky Soybean Association Inc, an organization dedicated to its members, is committed to advocacy, policy, and education. Its primary mission is to enhance the profitability of soybeans and soybean products by promoting and stimulating their increased use and sale. The association achieves this goal through strategic education and promotional shows. By engaging in these activities, Kentucky Soybean Association Inc aims to empower its members, helping them maximize their earnings from soybean-related ventures.

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Impact




October, 2024

Kentucky Soybean Association Inc plays a crucial role in enhancing the soybean industry within the region. By focusing on market development and research, the organization promotes the increased use and sale of soybeans and soybean products. Through educational initiatives and promotional shows, it effectively informs stakeholders about the benefits and versatility of soybeans.

Their mission centers on advocating for policies that elevate soybean profitability, ensuring farmers have the support and resources they need to thrive in a competitive market. This proactive approach not only stimulates economic growth within the agricultural sector but also contributes to a more robust food supply chain. The association’s efforts in education and advocacy have a significant positive impact on local farmers, businesses, and the broader community, reinforcing the importance of soybeans as a vital agricultural commodity in Kentucky.




This information is meant to be a general summary of Kentucky Soybean Association 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.

Revenue
$193,688 (2023)
Expenses
$200,377 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $8,931
  • Program Service Revenue: $129,000
  • Gross Receipts: $193,688

Assets and Liabilities:

  • Total Assets: $492,181
  • Total Liabilities: $0
  • Net Assets: $492,181

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Programs

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

MAGAZINE ADVERTISEMENTS

Revenue

$123,500

SOYBEAN PRODUCTION CONTEST

Revenue

$5,500

Organization Details

Founding Year

1970

Principal Officer

Debbie Ellis

Main Address

PO BOX 30, PRINCETON, KY, 42445

NTEE Category

Code: K20 - Food

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