Civic Intelligence

Illinois Soybean Board

990 • Fiscal year 2019 • EIN 37-6152654

Sep 01, 2018 to Aug 31, 2019 • Filed on Jan 14, 2020

1605 Commerce ParkwayBloomington, IL 61704

(309) 663-7692

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.31x

Higher debt load relative to assets than 85% of similar nonprofits.

2019 filings • 501(c)5 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

0.29x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • 501(c)5 • $10M-$25M nonprofits • Source year 2019

Net Margin

4th percentile

-16%

Higher net margin than 4% of similar nonprofits.

2019 filings • 501(c)5 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

5th percentile

$0

Higher top officer pay than 5% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)5 • $10M-$25M nonprofits • Source year 2019

Asset Growth

1st percentile

-16%

Faster asset growth than 1% of similar nonprofits.

2019 filings • 501(c)5 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

10th percentile

-11%

Faster revenue growth than 10% of similar nonprofits.

2019 filings • 501(c)5 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Down

$12,436,690

Down $2,362,644 (-16%) from 2018

Net Assets

Down

$8,553,615

Down $2,175,291 (-20%) from 2018

Liabilities

Down

$3,883,075

Down $187,353 (-4.6%) from 2018

Revenue

Down

$13,505,723

Down $1,674,518 (-11%) from 2018

Expenses

Down

$15,681,014

Down $155,679 (-1.0%) from 2018

Net Income

Down

-$2,175,291

Down $1,518,839 (-231%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $12,240,886Liabilities 2011: $6,295,348Net Assets 2011: $5,945,5382011Assets 2012: $9,913,991Liabilities 2012: $5,771,769Net Assets 2012: $4,142,2222012Assets 2013: $11,118,915Liabilities 2013: $4,540,187Net Assets 2013: $6,578,7282013Assets 2014: $14,168,350Liabilities 2014: $3,341,296Net Assets 2014: $10,827,0542014Assets 2015: $14,456,674Liabilities 2015: $3,365,649Net Assets 2015: $11,091,0252015Assets 2016: $14,695,901Liabilities 2016: $4,137,277Net Assets 2016: $10,558,6242016Assets 2017: $15,345,211Liabilities 2017: $3,959,853Net Assets 2017: $11,385,3582017Assets 2018: $14,799,334Liabilities 2018: $4,070,428Net Assets 2018: $10,728,9062018Assets 2019: $12,436,690Liabilities 2019: $3,883,075Net Assets 2019: $8,553,6152019Assets 2020: $12,824,650Liabilities 2020: $1,980,819Net Assets 2020: $10,843,8312020Assets 2021: $19,192,594Liabilities 2021: $2,994,044Net Assets 2021: $16,198,5502021Assets 2022: $24,441,630Liabilities 2022: $3,981,465Net Assets 2022: $20,460,1652022Assets 2023: $28,119,823Liabilities 2023: $4,547,445Net Assets 2023: $23,572,3782023Assets 2024: $24,540,892Liabilities 2024: $5,413,961Net Assets 2024: $19,126,9312024Assets 2025: $22,929,564Liabilities 2025: $2,721,335Net Assets 2025: $20,208,2292025

Highlighted filing

2019

Assets$12,436,690
Liabilities$3,883,075
Net Assets$8,553,615

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2011: $15,014,3882011Revenue 2012: $13,411,210Expenses 2012: $15,214,526Net Income 2012: -$1,803,3162012Revenue 2013: $14,066,504Expenses 2013: $11,629,998Net Income 2013: $2,436,5062013Revenue 2014: $16,098,834Expenses 2014: $11,850,508Net Income 2014: $4,248,3262014Revenue 2015: $13,545,135Expenses 2015: $13,281,164Net Income 2015: $263,9712015Revenue 2016: $13,146,827Expenses 2016: $13,679,228Net Income 2016: -$532,4012016Revenue 2017: $14,465,878Expenses 2017: $13,639,144Net Income 2017: $826,7342017Revenue 2018: $15,180,241Expenses 2018: $15,836,693Net Income 2018: -$656,4522018Revenue 2019: $13,505,723Expenses 2019: $15,681,014Net Income 2019: -$2,175,2912019Revenue 2020: $12,611,301Expenses 2020: $10,321,085Net Income 2020: $2,290,2162020Revenue 2021: $17,521,958Expenses 2021: $12,167,239Net Income 2021: $5,354,7192021Revenue 2022: $21,800,549Expenses 2022: $17,450,942Net Income 2022: $4,349,6072022Revenue 2023: $23,904,585Expenses 2023: $20,848,645Net Income 2023: $3,055,9402023Revenue 2024: $20,469,215Expenses 2024: $24,946,369Net Income 2024: -$4,477,1542024Revenue 2025: $19,279,679Expenses 2025: $18,164,136Net Income 2025: $1,115,5432025

Highlighted filing

2019

Revenue$13,505,723
Expenses$15,681,014
Net Income-$2,175,291
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jan 14, 2020
Return Version
2018v3.1
Gross Receipts
$13,508,832
Mission and Program Overview

Mission

Support research, promotion and educational programs designed to increase demand for illinois soybeans.

To ensure illinois soy is the highest quality, most dependable, sustainable and competitive in the global marketplace.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$13,115,863$10,687,766▼ $2,428,097
Land, Buildings, and Equipment, Net$1,323,729$1,257,064▼ $66,665
Cash and Non-Interest-Bearing Accounts$239,044$411,832▲ $172,788
Accounts Receivable$108,359$53,568▼ $54,791
Prepaid Expenses and Deferred Charges$12,339$26,460▲ $14,121
Total Assets$14,799,334$12,436,690▼ $2,362,644
Liabilities
Accounts Payable and Accrued Expenses$3,449,802$3,883,075▲ $433,273
Other Liabilities$620,626$0▼ $620,626
Total Liabilities$4,070,428$3,883,075▼ $187,353
Net Assets / Fund Balance
Unrestricted Net Assets$10,728,906$8,553,615▼ $2,175,291
Total Net Assets Fund Balance$10,728,906$8,553,615▼ $2,175,291
Total Liabilities and Net Assets / Fund Balance$14,799,334$12,436,690▼ $2,362,644

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$779,205$538,350$1,317,555
Equipment$238,844$1,004,309$1,243,153
Land$239,015-$239,015
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve PitstickVice-chairperson
Austin RinckerDirector
Betsey EmerickDirector
Brad DaughertyDirector
Brian AtteberryDirector
David NiekampDirector
David WesselDirector
Doug SchroederDirector
Dwayne AndersonDirector
Ed MurphyDirector
Elliot UphoffDirector
Jeff ParkerDirector
Jenny MennengaDirector
Nick HarreDirector
Paul RasmussenDirector
Roberta Simpson-dolbeareDirector
Ron KindredDirector
Tim ScatesDirector
Tom KentnerDirector
Scott GaffnerAssistant Secretary-treasurer
Rick RubenackerSecretary
James MartinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$13,218,021
Investment Income
$287,702
Other Revenue
$0
Change in Net Assets
$-2,175,291

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,505,723
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$13,505,723
Total Revenue per Form 990
$13,505,723
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,681,014
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$1,889,957$35,066-$1,925,023
Conferences and Meetings$874,255--$874,255
Office Expenses$455,299$23,570-$478,869
Other Expenses$200,165$108,030-$308,195
Information Technology$274,671$14,448-$289,119
Fees for Services Other$62,479$1,137-$63,616
Total Functional Expenses$15,498,763$182,251$0$15,681,014

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$15,681,014
Total Expenses per Audited Statements$15,681,014
Total Expenses per Form 990$15,681,014
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Return reviewed by the chief financial officer, ceo and board of directors before filing.

Form 990, Part VI, Section B, Line 12C

When a new board member begins his/her term on the board of directors, he/she is required to sign a confict of interest statement declaring anything that may be construed as a possible conflict of interest. Board members are then required to notify the board of any new issues that may arise during their term on the board.

Form 990, Part VI, Section B, Line 15

Illinois soybean board has no employees, trinet supplies contracted management and clerical services to illinois soybean board. The board of directors annually reviews and evaluates the contracted management services.

Form 990, Part VI, Section C, Line 19

All governing documents, policies and financial statements are available for review upon request at illinois soybean board's office.

Filing and Contact Details

Filer

Filer Name
Illinois Soybean Board
EIN
37-6152654
Phone
3096637692
Address
1605 COMMERCE PARKWAY, BLOOMINGTON, IL 61704

Signing Officer

Name
Brian Hansen
Title
Chief Financial Officer
Phone
3098083605
Signed
2020-01-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Hansen
Formed
1974
Legal Domicile
Il
Voting Board Members
22
Independent Board Members
22
Employees
0
Volunteers
0

Preparer

Firm
West & Company LLC
Address
3121 VILLAGE OFFICE PLACE, CHAMPAIGN, IL 61822
Preparer
Seth T Dixon
Phone
2173535250
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Process is the same as the prior year.

Financial Statement Notes

PART X, LINE 2:

Illinois soybean board is exempt from income taxes under internal revenue code section (501)(c)(5) and files from 990. The organizations forms 990, return of organization exempt from income tax, for the the years ending august 31, 2016 through 2019 are subject to examination by the irs, generally for three years after they are filed.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASSISTANT SECRETARY-TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01974
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-5
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt03104
IRS990/GrossReceiptsAmt013508832
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt014448
IRS990/InformationTechnologyGrp/ProgramServicesAmt0274671
IRS990/InformationTechnologyGrp/TotalAmt0289119
IRS990/InvestmentIncomeGrp/ExclusionAmt0287707
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0287707
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt063
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01542659
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01323729
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01257064
IRS990/LandBldgEquipCostOrOtherBssAmt02799723
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt03109
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SUPPORT RESEARCH, PROMOTION AND EDUCATIONAL PROGRAMS DESIGNED TO INCREASE DEMAND FOR ILLINOIS SOYBEANS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt010728906
IRS990/NetAssetsOrFundBalancesEOYAmt08553615
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-5
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-5
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt023570
IRS990/OfficeExpensesGrp/ProgramServicesAmt0455299
IRS990/OfficeExpensesGrp/TotalAmt0478869
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc1BUILDING & EQUIPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0108030
IRS990/OtherExpensesGrp/ProgramServicesAmt011741937
IRS990/OtherExpensesGrp/ProgramServicesAmt1200165
IRS990/OtherExpensesGrp/TotalAmt011741937
IRS990/OtherExpensesGrp/TotalAmt1308195
IRS990/OtherLiabilitiesGrp/BOYAmt0620626
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherOrganizationDsc0ORGANIZATION CREATED THROUGH FEDERAL
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012339
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt026460
IRS990/PrincipalOfficerNm0BRIAN HANSEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0110000
IRS990/ProgramServiceRevenueGrp/BusinessCd1110000
IRS990/ProgramServiceRevenueGrp/Desc0CHECK-OFF REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1SPONSORSHIPS AND MISCELLANEOUS IN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013177771
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt140250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013177771
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt140250
IRS990/ProgSrvcAccomActy2Grp/Desc0EXECUTIVE FUNDING - TO FACILITATE THE GROWTH AND DEVELOPMENT OF THE ORGANIZATION BY PROVIDING GUIDANCE AND COORDINATION IN MATTERS PERTAINING TO ITS CURRENT AND FUTURE DIRECTION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0448211
IRS990/ProgSrvcAccomActy3Grp/Desc0PRODUCTION FUNDING - FUNDING IN SUPPORT OF RESEARCH PROJECTS FOR SOYBEAN PRODUCTION IMPROVEMENTS AND NEW USES FOR SOYBEANS AND SOYBEAN PRODUCTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt08600036
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0144994
IRS990/PYOtherExpensesAmt015836693
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt015035247
IRS990/PYRevenuesLessExpensesAmt0-656452
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt015836693
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt015180241
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-2175291
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt013115863
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010687766
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0779205
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0538350
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01317555
IRS990ScheduleD/EquipmentGrp/BookValueAmt0238844
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01004309
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01243153
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt015681014
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0239015
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0239015
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt013505723
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ILLINOIS SOYBEAN BOARD IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION (501)(C)(5) AND FILES FROM 990. THE ORGANIZATIONS FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE THE YEARS ENDING AUGUST 31, 2016 THROUGH 2019 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01257064
IRS990ScheduleD/TotalExpensesPerForm990Amt015681014
IRS990ScheduleD/TotalRevenuePerForm990Amt013505723
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013505723
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt015681014
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RETURN REVIEWED BY THE CHIEF FINANCIAL OFFICER, CEO AND BOARD OF DIRECTORS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WHEN A NEW BOARD MEMBER BEGINS HIS/HER TERM ON THE BOARD OF DIRECTORS, HE/SHE IS REQUIRED TO SIGN A CONFICT OF INTEREST STATEMENT DECLARING ANYTHING THAT MAY BE CONSTRUED AS A POSSIBLE CONFLICT OF INTEREST. BOARD MEMBERS ARE THEN REQUIRED TO NOTIFY THE BOARD OF ANY NEW ISSUES THAT MAY ARISE DURING THEIR TERM ON THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ILLINOIS SOYBEAN BOARD HAS NO EMPLOYEES, TRINET SUPPLIES CONTRACTED MANAGEMENT AND CLERICAL SERVICES TO ILLINOIS SOYBEAN BOARD. THE BOARD OF DIRECTORS ANNUALLY REVIEWS AND EVALUATES THE CONTRACTED MANAGEMENT SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST AT ILLINOIS SOYBEAN BOARD'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROCESS IS THE SAME AS THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ILLINOIS SOYBEAN GROWERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0237024061
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(5)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SOYBEAN PROGRAMS AND MARKETING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01605 COMMERCE PARKWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BLOOMINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0617049608
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.9$2.72$20.2$19.3$18.2$1.12
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.5$5.41$19.1$20.5$24.9$4.48
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.1$4.55$23.6$23.9$20.8$3.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.4$3.98$20.5$21.8$17.5$4.35
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.2$2.99$16.2$17.5$12.2$5.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.8$1.98$10.8$12.6$10.3$2.29
2019Detailed filing. Detailed filing data is available for this year.$12.4$3.88$8.55$13.5$15.7$2.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.8$4.07$10.7$15.2$15.8$0.66
2017Summary only. Only limited summary data is available for this year.$15.3$3.96$11.4$14.5$13.6$0.83
2016Summary only. Only limited summary data is available for this year.$14.7$4.14$10.6$13.1$13.7$0.53
2015Summary only. Only limited summary data is available for this year.$14.5$3.37$11.1$13.5$13.3$0.26
2014Summary only. Only limited summary data is available for this year.$14.2$3.34$10.8$16.1$11.9$4.25
2013Summary only. Only limited summary data is available for this year.$11.1$4.54$6.58$14.1$11.6$2.44
2012Summary only. Only limited summary data is available for this year.$9.91$5.77$4.14$13.4$15.2$1.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$6.30$5.95$15.0
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)5 • $10M-$25M nonprofits