Overview
What is South Dakota Soybean Association?
The South Dakota Soybean Association is a nonprofit organization located in Sioux Falls, South Dakota. Their mission is to enhance the competitiveness and profitability of South Dakota soybean farmers through policy and education. They achieve this by conducting various activities, including annual trade shows, such as Ag Outlook, which attracts around 600 producers from the tri-state area. These events provide information on agricultural marketing and economic trends. Additionally, the organization hosts a golf/networking event for local producers and sales representatives, offering opportunities for networking and education. They also publish a quarterly magazine, Soybean Leader, which reaches around 20,500 South Dakota soybean producers, providing updates on new uses for soybeans, trends, research, and disease information. The association is committed to improving the marketing of soybean products.
Official website here: www.sdsoybean.org
What do the Facebook reviews say about South Dakota Soybean Association?
94% of 26 reviewers on Facebook recommend the South Dakota Soybean Association. Here is a summary of their reviews:
Many supporters express strong appreciation for the organization's commitment to the soybean industry and the positive impact it has on local farmers. Reviewers often highlight the association's advocacy efforts and resources provided to enhance agricultural practices. The overall sentiment reflects satisfaction with the support and information offered, which seems to empower both growers and the agricultural community at large.
Additionally, the enthusiasm for the staff's dedication and expertise is frequently noted, with several individuals describing them as exemplary in their roles. Overall, the South Dakota Soybean Association appears to be well-regarded for its efforts to uplift and support soybean production and farmers within the state.
This AI summary has been generated from reviews found on Facebook.
Is South Dakota Soybean Association legitimate?
South Dakota Soybean Association is a legitimate nonprofit organization registered as a 501(c)(5) entity. South Dakota Soybean Association 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: $2,863
Professional Fundraising Fees: $0
Other Salaries and Wages: $99,118
For more financial information, click here
Official website here: www.sdsoybean.org
What is the mission statement of South Dakota Soybean Association?
The South Dakota Soybean Association's mission is centered around enhancing the competitiveness and financial success of local soybean farmers. They achieve this through two primary means: public policy and education. The association's mission, in simpler terms, is to expand market opportunities and increase the value derived from soybeans for the farmers in South Dakota. They accomplish this by engaging in policy-making processes and providing relevant educational resources. Their activities include organizing events like the Ag Outlook trade show, networking events, and publishing the Soybean Leader magazine, which offers information about new uses for soybeans, trends, research, and disease prevention.
Official website here: www.sdsoybean.org
What is the revenue of South Dakota Soybean Association?
South Dakota Soybean Association's revenue in 2024 was $672,528.
Official website here: www.sdsoybean.org
Who are the executives of South Dakota Soybean Association and what are their salaries?
The average compensation at South Dakota Soybean Association during 2024 was $12,748. There are 8 employees and 21 volunteers at South Dakota Soybean Association.
Here are 17 key members and their salaries:
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- Compensation: $2,462
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- Other: $214
Official website here: www.sdsoybean.org
Where can I find the form 990 for South Dakota Soybean Association?
South Dakota Soybean Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.sdsoybean.org
Learn more at the official website: www.sdsoybean.org
Mission Statement of South Dakota Soybean Association
The South Dakota Soybean Association, as a nonprofit organization, is committed to enhancing the competitiveness and financial success of South Dakota soybean farmers. Its mission is twofold: to expand market opportunities and increase the value of soybean production for the farmers in the region. The association achieves this goal through its focus on public policy and education, working tirelessly to create favorable conditions for the soybean industry and equipping farmers with the necessary knowledge to make informed decisions.
Throughout the year, the South Dakota Soybean Association engages in various activities to fulfill its mission. One of its primary initiatives is hosting the Ag Outlook trade show, an annual event that attracts around 600 producers from the tri-state area. This event provides a platform for informational speakers and vendors to share insights on agricultural marketing and economic trends, ensuring that farmers are well-informed about the latest developments in the soybean industry. Additionally, the association organizes a golf/networking event, which brings together 142 area producers and sales representatives. This event serves as an opportunity for networking, as well as to disseminate information about soybeans through educational displays.
Furthermore, the South Dakota Soybean Association publishes a quarterly magazine, Soybean Leader, which is distributed to approximately 20,500 South Dakota soybean producers. This publication covers a wide range of topics related to soybeans, including new uses for soybeans, trends, research, disease, and other relevant information. By providing this resource, the association ensures that farmers have access to the most up-to-date information, enabling them to make informed decisions about their soybean production. In summary, the South Dakota Soybean Association's mission is to improve the competitiveness and profitability of South Dakota soybean farmers through its focus on public policy and education.
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Impact
October, 2024
The South Dakota Soybean Association (SDSA) plays a critical role in enhancing the competitiveness and profitability of soybean farmers in South Dakota through a combination of policy advocacy and educational outreach. By engaging with approximately 600 producers during the Ag Outlook trade show, the SDSA facilitates vital exchanges of information on agricultural marketing and economic trends, helping participants stay informed and grow their operations.
In addition, the SDSA fosters community and networking opportunities through events like their golf outing, attended by 142 producers and sales representatives. These gatherings not only build relationships but also provide a platform for disseminating knowledge about soybean agricultural practices.
The association actively communicates with its members through the Soybean Leader magazine, distributing about 20,500 copies quarterly. This publication covers a wide range of topics relevant to soybean farming, such as new uses for soybeans, emerging trends, research findings, and disease management, ensuring that producers have access to the latest information that can influence their farming decisions.
Furthermore, the SDSA is dedicated to researching and developing strategies to enhance the marketing of soybean products, ultimately aiming to increase market opportunities and value for South Dakota soybean farmers. Through these initiatives, the SDSA contributes significantly to the success and sustainability of the soybean industry in the region.
This information is meant to be a general summary of South Dakota Soybean Association. 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: $16,857
- Program Service Revenue: $615,903
- Gross Receipts: $693,486
Assets and Liabilities:
- Total Assets: $840,951
- Total Liabilities: $115,932
- Net Assets: $725,019
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Soybean Leader Magazin
Revenue
$317,520
SDSRPC Project Service
Revenue
$125,074
Ag Outlook
Revenue
$119,535
Membership Dues
Revenue
$40,180
Organization Details
Founding Year
1982
Principal Officer
Kevin Deinert
Website
www.sdsoybean.orgNTEE Category
Code: K20 - Food
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