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New Jersey Soybean Board Inc

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

EIN: 454648967 ✦ Trenton, NJ ✦ Designated as a 501(c)(5)

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Overview

What is New Jersey Soybean Board Inc?

New Jersey Soybean Board Inc is a nonprofit organization dedicated to enhancing the soybean industry in New Jersey. Their primary focus is to provide research grants, aimed at improving the production and marketability of soybeans. Additionally, they engage in communication efforts to connect with those who produce and cultivate soybeans. Their mission encompasses soybean research and promotion, aiming to foster a more efficient and profitable soybean sector in the region.


Official website here: www.njsoybean.org

Is New Jersey Soybean Board Inc legitimate?

New Jersey Soybean Board Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. New Jersey Soybean Board 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.njsoybean.org

What is the mission statement of New Jersey Soybean Board Inc?

The New Jersey Soybean Board Inc's mission is centered around enhancing the production and marketability of soybeans. They accomplish this by providing research grants, aimed at improving the quality and yield of soybeans. Furthermore, they engage in communication with farmers and growers, keeping them informed about the latest developments in the soybean industry. In essence, their activities revolve around soybean research and promotion, aiming to boost the sector's growth and profitability.


Official website here: www.njsoybean.org

Who is the CEO of New Jersey Soybean Board Inc?

George Holmes is the Director of New Jersey Soybean Board Inc.


Official website here: www.njsoybean.org

What is the revenue of New Jersey Soybean Board Inc?

New Jersey Soybean Board Inc's revenue in 2023 was $224,719.


Official website here: www.njsoybean.org

Who are the executives of New Jersey Soybean Board Inc and what are their salaries?


Here are 12 key members and their salaries:


Scott Ellis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Giberson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Davis (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Hart (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Hudson (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Bamka (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Hatz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Kurman (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Bibus (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Forsyth (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Holmes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.njsoybean.org

Where can I find the form 990 for New Jersey Soybean Board Inc?

New Jersey Soybean Board Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.njsoybean.org

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

Mission Statement of New Jersey Soybean Board Inc

New Jersey Soybean Board Inc, as a nonprofit organization, is dedicated to enhancing the production and marketability of soybeans. Their mission revolves around providing research grants and communication resources to individuals engaged in the soybean production and farming sector. By investing in research, they aim to improve the overall quality and yield of soybeans, thereby boosting the industry's competitiveness and profitability. Additionally, New Jersey Soybean Board Inc serves as a communication platform, disseminating information and updates to farmers and growers, ensuring they remain informed about the latest developments and best practices in the soybean sector. This dual focus on research and communication is aimed at fostering a robust and sustainable soybean industry.

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Impact




October, 2024

The New Jersey Soybean Board Inc plays a crucial role in enhancing the soybean industry within the state. By providing research grants, the organization supports innovative techniques and practices aimed at improving the production and marketability of soybeans. This not only fosters agricultural advancement but also boosts the economic viability of soybean farming.

Additionally, the Board acts as a vital communication link for those involved in soybean production. By disseminating information and resources, it helps growers stay informed about best practices, market trends, and emerging challenges within the industry. This proactive approach in research and outreach ensures that New Jersey's soybean farmers are equipped to thrive in a competitive agricultural landscape. Overall, the New Jersey Soybean Board Inc significantly contributes to the sustainability and growth of the soybean sector, impacting food production and the economy within the region.




This information is meant to be a general summary of New Jersey Soybean Board 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
$224,719 (2023)
Expenses
$196,480 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $7,499
  • Program Service Revenue: $217,220
  • Gross Receipts: $224,719

Assets and Liabilities:

  • Total Assets: $583,488
  • Total Liabilities: $23,138
  • Net Assets: $560,350

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Programs

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

SOYBEAN ASSESSMENTS

Revenue

$217,220

Organization Details

Founding Year

2012

Principal Officer

George Holmes

Main Address

1255 WHITEHORSE-MERCERVILLE ROAD 51, TRENTON, NJ, 08691

NTEE Category

Code: K99 - Food

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