Form 990 for tax year 2023
Filed by MINNESOTA SOYBEAN GROWERS ASSOC.
Totals
- Total revenue
- $1,374,467
- Total expenses
- $1,592,888
- Contributions and grants received
- $232,939
- Grants paid
- $200,000
- Program service revenue
- $1,117,169
- Investment income
- $11,454
- Other revenue
- $12,905
- Total assets, end of year
- $1,082,278
- Total liabilities, end of year
- $517,340
- Net assets or fund balances, end of year
- $564,938
- 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
$228,374
-
1f · All other contributions, gifts and grants
$4,565
-
2a · Program service revenue: AG EXPO
total $519,160 · related or exempt $519,160
-
2b · Program service revenue: ADVERTISING REVENUE
total $517,606 · related or exempt $179,956 · unrelated business $337,650
-
2c · Program service revenue: CONTRACTS & FEES
total $46,055 · related or exempt $46,055
-
2d · Program service revenue: OTHER PROGRAM REVENUE
total $24,348 · related or exempt $24,348
-
2e · Program service revenue: LEGISLATIVE ISSUES
total $10,000 · related or exempt $10,000
-
3 · Investment income
total $11,454 · excluded $11,454
-
8a · Fundraising events: gross income
$12,905
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $12,905 · excluded $12,905
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $200,000
-
11a · Fees: management
total $353,034
-
11b · Fees: legal
total $52
-
11c · Fees: accounting
total $10,570
-
11d · Fees: lobbying
total $155,000
-
11f · Fees: investment management
total $3,597
-
11g · Fees: other
total $80,010
-
12 · Advertising and promotion
total $153,360
-
13 · Office expenses
total $3,827
-
17 · Travel
total $99,544
-
19 · Conferences, conventions and meetings
total $170,432
-
22 · Depreciation, depletion and amortization
total $1,069
-
23 · Insurance
total $2,594
-
24a · Other expenses: UNRELATED BUSINESS INCO
total $65,867
-
24b · Other expenses: POSTAGE AND PRINTING
total $178,256
-
24c · Other expenses: DUES TO ORGANIZATIONS
total $81,000
-
24d · Other expenses: SOFTWARE SUBSCRIPTION
total $14,744
-
24e · All other expenses
total $19,932
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $407,773 · end of year $148,975
-
4 · Accounts receivable
beginning of year $75,593 · end of year $172,224
-
8 · Inventories for sale or use
beginning of year $935 · end of year $935
-
9 · Prepaid expenses and deferred charges
beginning of year $33,796 · end of year $50,900
-
10a · Land, buildings and equipment: cost or other basis
$3,500
-
10b · Land, buildings and equipment: accumulated depreciation
$1,069
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $2,431
-
13 · Investments: program-related
beginning of year $342,060 · end of year $391,544
-
15 · Other assets
beginning of year $305,238 · end of year $315,269
-
17 · Accounts payable and accrued expenses
beginning of year $52,566 · end of year $100,863
-
19 · Deferred revenue
beginning of year $392,582 · end of year $416,477
-
27 · Net assets without donor restrictions
beginning of year $720,247 · end of year $564,938
Mission and programs · 2023
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: 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 MINNESOTA 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.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
BOB WORTH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
DARIN JOHNSON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
RYAN MACKENTHUN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
ROSE WENDINGER
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
LAWRENCE SUKALSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
BOB LINDEMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JOEL SCHREURS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JIM KUKOWSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
KYLE JORE
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
BRAD HOVEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
GEORGE GOBLISH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
BRIAN FRUECHTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
STEVE BRUSVEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JAMIE BEYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
MIKE SKAUG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
RAY HEWITT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
CHRISTOPHER HILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JASON CADIEUX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
BRUCE NELSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
KEITH NELSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
ROBERT NELSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
TIM RASMUSSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JEFFREY SORENSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
CAL SPRONK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
DOUG TOREEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
TIM NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
EARL ZIEGLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MARK BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
TREVORE BREKKEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
LUCAS PETERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JAMIE SEITZER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
ADAM GUETTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
ANDY PULK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MATT PURFEERST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MICHAEL PETEFISH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JUSTIN REMUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
PARKER REVIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
GARY SCHOENFELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
WILLIAM GORDON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
TOM GRUNDMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JEREMY TISCHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
PAUL MESNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MARK KNUTSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
VERNON POOCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
REBECCA SIP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
TOM SLUNECKA
CHIEF EXECUTIVE OFFICER
- Total calculated
- $555,796
- From this org
- $0
- From related orgs
- $513,185
- Other
- $42,611
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $513,185 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $42,611 related
- Filer's total
- $0 + $555,796 related
-
SCOTT MILLER
CHIEF FINANCIAL OFFICER
- Total calculated
- $240,953
- From this org
- $0
- From related orgs
- $210,566
- Other
- $30,387
- Hours/week
- 1.75 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $210,566 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $30,387 related
- Filer's total
- $0 + $240,953 related
-
JOE SMENTEK
EXECUTIVE DIRECTOR
- Total calculated
- $291,552
- From this org
- $0
- From related orgs
- $273,168
- Other
- $18,384
- Hours/week
- 15 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $273,168 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $18,384 related
- Filer's total
- $0 + $291,552 related
-
ERIC WENBERG
EXECUTIVE DIRECTOR - SSGA
- Total calculated
- $223,766
- From this org
- $0
- From related orgs
- $208,531
- Other
- $15,235
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $208,531 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $15,235 related
- Filer's total
- $0 + $223,766 related
-
KIM NILL
DIRECTOR OF MARKET DEVELOP
- Total calculated
- $173,140
- From this org
- $0
- From related orgs
- $150,896
- Other
- $22,244
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $150,896 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $22,244 related
- Filer's total
- $0 + $173,140 related
-
SEG NIEBUHR
SR. DIRECTOR OF TECHNICAL OPERATIONS
- Total calculated
- $200,766
- From this org
- $0
- From related orgs
- $177,817
- Other
- $22,949
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $177,817 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $22,949 related
- Filer's total
- $0 + $200,766 related
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 · Written employment contract
- 3 · Compensation survey or study
- 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
-
$200,000
REIMBURSEMENT FOR EXPENSES
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
501(C)(5) · 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
-
501(C)(5) · INCREASE VALUE OF AGRICULTURE IN THE REGION, STATE, AND NATION · MN
-
40 SQUARE COOPERATIVE SOLUTIONS
501(C)(5) · PROVIDING COMPREHENSIVE HEALTH PLAN OPTIONS FOR MINNESOTA'S AGRIBUSINESSES · 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.
-
RELATED · MANAGEMENT SERVICES · MN · 50% owned · general or managing partner
Directly controlled by MINNESOTA SOYBEAN GROWERS ASSOCIATION
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 3 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202540379349300114
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