United States Soybean Export Council

“Officer jim sutter and key employee timothy loh have a business relationship by virtue of their positions as directors of u.s. Soybean export council southeast asia limited.”

“United states soybean export council has two corporate members: american soybean association and united soybean board (the founders class).”

“The founders class shall be entitled to appoint eight (8) directors of the corporation, consisting of four (4) directors appointed by usb and four (4) directors appointed by asa. Directors appointed by a founder must be a current director of such founder.”

“The members of the audit and budget committee will review the form 990. The review will be documented in the minutes of the meeting or, in the event approval is obtained by fax vote or email, in the minutes of the next meeting held subsequent to the approval. After approval by the audit and budget committee, and prior to the filing with the irs, the form 990 will be sent via mail or delivery service to the entire board of directors.”

“Each employee, officer and member (interested parties) of the board of directors reviews and signs a conflict of interest statement. Periodic checks will be conducted by corporate hr to determine if any changes have occurred; however, all employees, officers and directors are expected to use good judgement and discretion in evaluating a particular activity to avoid any actual or perceived conflict of interest. If a conflict arises during the course of the year, the interested party will fully disclose the conflict to the organization's officers. That director will recuse themselves from any discussion and voting that affects their interest.”

“Compensation determinations of ussec's ceo, executive director or top management official is made by the executive committee of the board of directors. In determining compensation of the organization's ceo, executive director or top management official, the process included hiring an independent consulting firm who provided market surveys and benchmarking to help assist in the decision making process. Executive committee of the board of directors reviewed and approved the final compensation amounts and documentation of this decision was recorded in the committee minutes, which was sent to the full board. Compensation determinations of ussec's other officers or key employees were made by the ceo. In determining compensation of other officers or key employees of the organization, the process included hiring an independent consulting firm who provided market surveys and benchmarking to help assist in the decision making process. The chairman of the board reviewed this final compensation. The last compensation review occurred september 2024.”

“The organization makes its governing documents, conflict of interest policy, and financial statements upon request.”

“The section 108 program, which provided low-cost, flexible financing to communities for projects that increased resilience to natural disasters, has ended.”

“Outside services 29,924,533.”