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Filing year 2023

Agricultural Alumni Seed Improvement Association Inc

Romney, Indiana·EIN 35-0869399·5
Total revenue
$4M
Total assets
$33.8M
Total expenses
$4.7M
Reported officers
18
Mission

THE MISSION OF AGRICULTURAL ALUMNI SEED IMPROVEMENT ASSOCIATION, INC. IS TO PROVIDE A NATIONWIDE MEDIUM FOR THE ADVANCEMENT AND IMPROVEMENT OF AGRICULTURE THROUGH RESEARCH, PRODUCTION, TESTING, AND SALE OF CERTAIN SEED LINES AND SEED HYBRIDS.

Executive compensation, broken down

Form 990 · Schedule J · 8 reported individuals · Filing year 2023

$454k
$501k
Base
$323k
Bonus
$70k
Other
$840
Benefits
$33k
Research Director
key employee
$306k
$338k
Base
$223k
Bonus
$30k
Other
$840
Benefits
$32k
Chief Financial Officer
$266k
$294k
Base
$168k
Bonus
$46k
Other
$724
Benefits
$34k
Production Manager
key employee
$246k
$272k
Base
$173k
Bonus
$39k
Other
$720
Benefits
$17k
Sales Manager
key employee
$235k
$260k
Base
$161k
Bonus
$34k
Other
$682
Benefits
$23k
Sales Agronomist
highest compensated employee
$166k
$184k
Base
$116k
Bonus
$7k
Other
$504
Benefits
$34k
Popcorn Breeder
highest compensated employee
$152k
$168k
Base
$119k
Bonus
$11k
Other
$500
Benefits
$12k
Asst. Production Manager
highest compensated employee
$142k
$157k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Up 5%
from 2022

From $431k in 2022 to $454k in 2023.

$431k
2022
$454k
2023
In today's dollarsEst.
Up 1% in real terms$494k to $501k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Agricultural Alumni Seed Improvement Association Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$5M
$4.4M
2022
$4M
$4.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
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