Form 990 for tax year 2022
Filed by KENTUCKY SOYBEAN ASSOCIATION INC.
Totals
- Total revenue
- $193,688
- Total expenses
- $200,377
- Contributions and grants received
- $55,757
- Grants paid
- $0
- Program service revenue
- $129,000
- Investment income
- $8,931
- Other revenue
- $0
- Total assets, end of year
- $492,181
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $492,181
- Program services expenses (Part IX)
- $197,627
- Management and general expenses
- $2,750
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 98.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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
$43,760
-
1f · All other contributions, gifts and grants
$11,997
-
2a · Program service revenue: MAGAZINE ADVERTISEMENTS
total $123,500 · related or exempt $123,500
-
2b · Program service revenue: SOYBEAN PRODUCTION CONTEST
total $5,500 · related or exempt $5,500
-
3 · Investment income
total $8,931 · related or exempt $8,931
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $2,750 · management and general $2,750
-
16 · Occupancy
total $11,145 · program services $11,145
-
24a · Other expenses: MAGAZINE EXPENSE
total $58,578 · program services $58,578
-
24b · Other expenses: ASA DUES
total $40,000 · program services $40,000
-
24c · Other expenses: LEGISLATIVE EXPENSE
total $39,258 · program services $39,258
-
24d · Other expenses: MEMBER RELATIONS
total $35,046 · program services $35,046
-
24e · All other expenses
total $13,600 · program services $13,600
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $43,403 · end of year $27,955
-
2 · Savings and temporary cash investments
beginning of year $455,467 · end of year $464,226
-
27 · Net assets without donor restrictions
beginning of year $498,870 · end of year $492,181
Mission and programs · 2022
Mission
THE KENTUCKY SOYBEAN ASSOCIATION IS WORKING FOR MEMBERS THROUGH ADVOCACY, POLICY AND EDUCATION TO INCREASE SOYBEAN PROFITABILITY.
Activities or mission (Part I)
SOYBEAN MARKET DEVELOPMENT AND RESEARCH
-
PROMOTING AND STIMULATING THE INCREASED USE AND SALE OF SOYBEANS AND SOYBEAN PRODUCTS THROUGH EDUCATION AND PROMOTIONAL SHOWS
As filed on the 2022 return.
Listed in Part VII
-
Daniel AdamsDANIEL ADAMS
DIRECTOR
- Total calculated
- $0
-
Andy AlfordANDY ALFORD
DIRECTOR
- Total calculated
- $0
-
Debbie EllisDEBBIE ELLIS
EXECUTIVE DI
- Total calculated
- $0
-
Ben FurnishBEN FURNISH
DIRECTOR
- Total calculated
- $0
-
Matt GajdzikMATT GAJDZIK
DIRECTOR
- Total calculated
- $0
-
Brent GattonBRENT GATTON
PRESIDENT
- Total calculated
- $0
-
Brennan GilkisonBRENNAN GILKISON
DIRECTOR
- Total calculated
- $0
-
Adam HendricksADAM HENDRICKS
VICE PRESIDE
- Total calculated
- $0
-
Houston HowlettHOUSTON HOWLETT
DIRECTOR
- Total calculated
- $0
-
Bryan KuegelBRYAN KUEGEL
DIRECTOR
- Total calculated
- $0
-
Matt MossMATT MOSS
DIRECTOR
- Total calculated
- $0
-
Dan PirtleDAN PIRTLE
DIRECTOR
- Total calculated
- $0
-
Quint PottingerQUINT POTTINGER
DIRECTOR
- Total calculated
- $0
-
Caleb RaglandCALEB RAGLAND
DIRECTOR
- Total calculated
- $0
-
Anna RedingANNA REDING
DIRECTOR
- Total calculated
- $0
-
Jonathan ReynoldsJONATHAN REYNOLDS
SECRETARY
- Total calculated
- $0
-
Craig RobertsCRAIG ROBERTS
DIRECTOR
- Total calculated
- $0
-
Spencer SimsSPENCER SIMS
DIRECTOR
- Total calculated
- $0
-
Jason StrodeJASON STRODE
DIRECTOR
- Total calculated
- $0
-
Jeremy StullJEREMY STULL
DIRECTOR
- Total calculated
- $0
-
Jeremy TuckerJEREMY TUCKER
DIRECTOR
- Total calculated
- $0
-
Clay WellsCLAY WELLS
TREASURER
- Total calculated
- $0
-
Shane WellsSHANE WELLS
DIRECTOR
- Total calculated
- $0
-
Andrea WillifordANDREA WILLIFORD
DIRECTOR
- Total calculated
- $0
-
Mark WilsonMARK WILSON
DIRECTOR
- Total calculated
- $0
-
David WinchellDAVID WINCHELL
DIRECTOR
- Total calculated
- $0
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343199349324874
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