Form 990 for tax year 2024
Filed by MINNESOTA SOYBEAN GROWERS ASSOC.
Totals
- Total revenue
- $1,350,568
- Total expenses
- $1,365,696
- Contributions and grants received
- $228,454
- Grants paid
- $0
- Program service revenue
- $1,102,583
- Investment income
- $8,674
- Other revenue
- $10,857
- Total assets, end of year
- $1,046,618
- Total liabilities, end of year
- $446,617
- Net assets or fund balances, end of year
- $600,001
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$226,229
-
1f · All other contributions, gifts and grants
$2,225
-
2a · Program service revenue: AG EXPO
total $539,058 · related or exempt $539,058
-
2b · Program service revenue: ADVERTISING REVENUE
total $514,479 · related or exempt $144,279 · unrelated business $370,200
-
2c · Program service revenue: CONTRACTS & FEES
total $37,570 · related or exempt $37,570
-
2d · Program service revenue: OTHER PROGRAM REVENUE
total $11,476 · related or exempt $11,476
-
3 · Investment income
total $8,279 · excluded $8,279
-
7a · Gross sales of assets other than inventory
other assets $395
-
7b · Less cost or other basis and sales expenses
other assets $0
-
7c · Gain or loss
other assets $395
-
7d · Net gain or loss
total $395 · related or exempt $395
-
8a · Fundraising events: gross income
$10,857
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $10,857 · excluded $10,857
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $370,067
-
11c · Fees: accounting
total $19,590
-
11d · Fees: lobbying
total $155,000
-
11f · Fees: investment management
total $3,947
-
11g · Fees: other
total $90,868
-
12 · Advertising and promotion
total $129,220
-
13 · Office expenses
total $4,353
-
17 · Travel
total $85,991
-
19 · Conferences, conventions and meetings
total $150,326
-
22 · Depreciation, depletion and amortization
total $1,167
-
23 · Insurance
total $1,948
-
24a · Other expenses: UNRELATED BUSINESS INCO
total $48,443
-
24b · Other expenses: POSTAGE AND PRINTING
total $183,837
-
24c · Other expenses: DUES TO ORGANIZATIONS
total $86,500
-
24d · Other expenses: SOFTWARE SUBSCRIPTION
total $15,642
-
24e · All other expenses
total $18,797
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $148,975 · end of year $208,144
-
4 · Accounts receivable
beginning of year $172,224 · end of year $20,108
-
8 · Inventories for sale or use
beginning of year $935
-
9 · Prepaid expenses and deferred charges
beginning of year $50,900 · end of year $59,063
-
10a · Land, buildings and equipment: cost or other basis
$3,500
-
10b · Land, buildings and equipment: accumulated depreciation
$2,236
-
10c · Land, buildings and equipment, net
beginning of year $2,431 · end of year $1,264
-
13 · Investments: program-related
beginning of year $391,544 · end of year $416,607
-
15 · Other assets
beginning of year $315,269 · end of year $341,432
-
17 · Accounts payable and accrued expenses
beginning of year $100,863 · end of year $36,453
-
19 · Deferred revenue
beginning of year $416,477 · end of year $410,164
-
27 · Net assets without donor restrictions
beginning of year $564,938 · end of year $600,001
Mission and programs · 2024
Mission
ESTABLISHED BY SOYBEAN FARMERS IN 1962, THE MINNESOTA SOYBEAN GROWERS ASSOCIATION (MSGA) IS A NON-PROFIT, FARMER-CONTROLLED MEMBERSHIP ORGANIZATION AIMED AT MONITORING GOVERNMENT POLICIES, SUPPORTING RESEARCH ACTIVITIES AND MARKET DEVELOPMENT ACTIVITIES TO IMPROVE THE PROFITABILITY OF SOYBEAN FARMERS THROUGHOUT THE STATE.
-
LOBBYING: THE MINNESOTA SOYBEAN GROWERS ASSOCIATION (MSGA) IS THE MAIN ORGANIZATION IN MINNESOTA WHICH DEFENDS SOYBEAN FARMER INTERESTS AT THE STATE CAPITAL. MSGA CONSTANTLY MONITORS THE ACTIONS OF THE MINNESOTA STATE LEGISLATOR AND ENGAGES THOSE LEGISLATORS TO HELP THEM MAKE BETTER DECISIONS FOR MINNESOTA'S SOYBEAN FARMERS. MSGA ENGAGES THOSE LEADERS BY SENDING PRODUCERS, STAFF AND A LOBBYIST TO THE CAPITAL THROUGH-OUT THE ENTIRE YEAR TO HAVE DISCUSSIONS ABOUT HOW DECISIONS IN ST. PAUL AFFECT ALL FARMERS ON A WIDE RANGE OF ISSUES INCLUDING WATER QUALITY, TAXES AND FARM INPUT REGULATION.
-
AG EXPO/SOYBEAN BUSINESS MAGAZINE/YOUNG AND EMERGING FARMER PROGRAM: MSGA IS DEEPLY INVOLVED IN EDUCATING AND COMMUNICATING ITS MESSAGES TO NOT ONLY SOYBEAN PRODUCERS BUT THE ENTIRE AGRICULTURE INDUSTRY. IN ORDER TO COMPLETE THIS TASK THE MSGA, IN CONJUNCTION WITH THE MN CORN GROWERS ASSOCIATION, HOLDS AN ANNUAL TRADESHOW AND EDUCATIONAL CONFERENCE WHICH ATTRACTS OVER 1,000 ATTENDEES AND PROVIDES THE AGRICULTURE INDUSTRY WITH THE OPPORTUNITY TO LEARN FROM EXHIBITORS AND SPEAKERS ABOUT HOW TO BE A MORE PROFITABLE FARMER. MSGA ALSO PUBLISHES A BI-MONTHLY MAGAZINE THAT OUTLINES MANY OF THE PROJECTS MANAGED ON BEHALF OF THE MINNESOTA SOYBEAN RESEARCH AND PROMOTION COUNCIL, BUT EDUCATES SOYBEAN PRODUCERS AND THE ACTIONS MSGA HAS TAKEN AT THE CAPITAL ON BEHALF OF ALL SOYBEAN FARMERS. THE MAGAZINE IS DISTRIBUTED FREE OF CHARGE TO OVER 23,000 INDIVIDUALS IN MINNESOTA AND THE SURROUNDING STATES. THE ORGANIZATION ALSO OPERATES EDUCATIONAL/LEADERSHIP PROGRAMS FOR THE INDUSTRY WITH A TRACK SPECIFICALLY FOR YOUNG AND EMERGING FARMERS.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Tom SluneckaTOM SLUNECKA
CHIEF EXECUTIVE OFFICER
- Total calculated
- $545,879
- From this org
- $0
- From related orgs
- $498,950
- Other
- $46,929
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $498,950 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $46,929 related
- Filer's total
- $0 + $545,879 related
-
Joe SmentekJOE SMENTEK
EXECUTIVE DIRECTOR
- Total calculated
- $257,156
- From this org
- $0
- From related orgs
- $237,573
- Other
- $19,583
- Hours/week
- 15 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $237,573 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $19,583 related
- Filer's total
- $0 + $257,156 related
-
Scott MillerSCOTT MILLER
CHIEF FINANCIAL OFFICER
- Total calculated
- $216,449
- From this org
- $0
- From related orgs
- $186,037
- Other
- $30,412
- Hours/week
- 1.75 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $186,037 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $30,412 related
- Filer's total
- $0 + $216,449 related
-
Seg NiebuhrSEG NIEBUHR
SR. DIRECTOR OF TECHNICAL
- Total calculated
- $195,276
- From this org
- $0
- From related orgs
- $170,378
- Other
- $24,898
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $170,378 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $24,898 related
- Filer's total
- $0 + $195,276 related
-
Eric WenbergERIC WENBERG
EXECUTIVE DIRECTOR - SSGA
- Total calculated
- $164,874
- From this org
- $0
- From related orgs
- $153,342
- Other
- $11,532
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $153,342 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $11,532 related
- Filer's total
- $0 + $164,874 related
-
Darin JohnsonDARIN JOHNSON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Ryan MackenthunRYAN MACKENTHUN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Rose KarauROSE KARAU
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Kyle JoreKYLE JORE
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Trevore BrekkenTREVORE BREKKEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Raymond DemarsRAYMOND DEMARS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Marcus MeinersMARCUS MEINERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Mark KnutsonMARK KNUTSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jamie BeyerJAMIE BEYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Bob WorthBOB WORTH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tim NelsonTIM NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Rebecca SipREBECCA SIP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Andrew MagesANDREW MAGES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Vernon PoochVERNON POOCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Paul MesnerPAUL MESNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Steve BrusvenSTEVE BRUSVEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Lawrence SukalskiLAWRENCE SUKALSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert NelsenROBERT NELSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tim WolfTIM WOLF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Dusty NeugebauerDUSTY NEUGEBAUER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ray HewittRAY HEWITT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Parker RevierPARKER REVIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Matt PurfeerstMATT PURFEERST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Mark BrownMARK BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Lucas PetersLUCAS PETERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tim RasmussenTIM RASMUSSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Adam GuetterADAM GUETTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Justin RemusJUSTIN REMUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Christopher HillCHRISTOPHER HILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Brian FruechteBRIAN FRUECHTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Doug ToreenDOUG TOREEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Brad HovelBRAD HOVEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Keith NelsenKEITH NELSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Bob LindemanBOB LINDEMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Andy PulkANDY PULK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Cal SpronkCAL SPRONK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Gary SchoenfeldGARY SCHOENFELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jamie SeitzerJAMIE SEITZER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jason CadieuxJASON CADIEUX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeffrey SorensonJEFFREY SORENSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeremy TischerJEREMY TISCHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jim KukowskiJIM KUKOWSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Joel SchreursJOEL SCHREURS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
George GoblishGEORGE GOBLISH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Bruce NelsenBRUCE NELSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
MINNESOTA SOYBEAN RESEARCH AND PROMOTION COUNCIL
DEVELOP AND PROMOTE SOYBEAN INDUSTRY · MN
-
501(C)(5) · PROMOTE SOYBEANS ACROSS UNITED STATES · IA
-
501(C)(5) · PROMOTING THE USE AND UNDERSTANDING OF BIODIESEL, EDUCATING CONSUMERS · MN
-
AG INNOVATION CAMPUS
501(C)(5) · INCREASE VALUE OF AGRICULTURE IN THE REGION, STATE, AND NATION · MN
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
AG MANAGEMENT SOLOUTIONS
RELATED · MANAGEMENT SERVICES · MN · 50% owned · general or managing partner
Directly controlled by MINNESOTA SOYBEAN GROWERS ASSOCIATION
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 24 February 2026
- IRS schema version
- 2024v5.5
- Source object
- 202620579349301212
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