Overview
What is Ohio Soybean Council?
Ohio Soybean Council is a nonprofit organization situated in Worthington, Ohio. Its primary mission is to enhance the profitability of the soybean industry through targeted domestic and international research, promotion, and communication initiatives. This nonprofit is dedicated to promoting research within the soybean sector and boosting the industry's marketplace position. By investing in innovative projects and strategic marketing campaigns, Ohio Soybean Council aims to drive the growth and success of the soybean industry.
Official website here: www.soyohio.org
Is Ohio Soybean Council legitimate?
Ohio Soybean Council is a legitimate nonprofit organization registered as a 501(c)(5) entity. Ohio Soybean Council 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.soyohio.org
What is the mission statement of Ohio Soybean Council?
The Ohio Soybean Council's mission is centered around promoting research within the soybean industry and enhancing the industry's standing in the marketplace. This organization strives to maximize the profitability of soybean checkoff funds through strategic domestic and international research, promotion, and communication initiatives. By doing so, they aim to contribute positively to the overall development and growth of the soybean industry.
Official website here: www.soyohio.org
What is the revenue of Ohio Soybean Council?
Ohio Soybean Council's revenue in 2024 was $9,296,674.
Official website here: www.soyohio.org
Who are the executives of Ohio Soybean Council and what are their salaries?
Here are 19 key members and their salaries:
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Official website here: www.soyohio.org
Where can I find the form 990 for Ohio Soybean Council?
Ohio Soybean Council's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.soyohio.org
Learn more at the official website: www.soyohio.org
Mission Statement of Ohio Soybean Council
The Ohio Soybean Council, a notable entity within the soybean industry, is committed to two primary objectives. First and foremost, the council promotes research within the soybean sector. This involves investing in targeted initiatives aimed at enhancing the understanding of soybean production, ultimately leading to advancements in the industry. Secondly, the council strives to bolster the soybean industry's position in the marketplace. By strategically allocating funds from the Soybean Checkoff, the council supports various research, promotion, and communication projects domestically and internationally. These initiatives aim to maximize the profitability of Ohio's soybean farmers, thereby strengthening the industry as a whole.
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Impact
October, 2024
The Ohio Soybean Council significantly impacts the soybean industry by promoting research and enhancing the industry's market position. Through strategic use of Ohio's soybean checkoff funds, the Council maximizes profitability by investing in targeted domestic and international research initiatives. Their efforts encompass promotion and communication strategies that elevate the profile of Ohio soybeans, ensuring that both growers and consumers recognize the value of this vital agricultural commodity. By fostering innovation and supporting market initiatives, the Council plays a crucial role in strengthening the overall soybean industry in Ohio and beyond.
This information is meant to be a general summary of Ohio Soybean Council. 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: $238,659
- Program Service Revenue: $8,910,100
- Gross Receipts: $9,296,674
Assets and Liabilities:
- Total Assets: $9,472,196
- Total Liabilities: $527,700
- Net Assets: $8,944,496
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHECKOFF PROGRAM
Revenue
$8,662,191
LAB ROYALTIES
Revenue
$172,908
ROYALTIES
Revenue
$48,923
LATE FEES
Revenue
$26,078
Organization Details
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