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Filing year 2023

IOWA SOYBEAN ASSOCIATION

Ankeny, Iowa·EIN 42-6127197·501(c)(5)
Total revenue
$53.8M
Total assets
$54.5M
Total expenses
$51.4M
Reported officers
29
Mission

THE CORPORATION IS ORGANIZED FOR THE BETTERMENT OF THE CONDITIONS OF THOSE ENGAGED IN THE PRODUCTION OF SOYBEANS, THE IMPROVEMENT OF THE GRADE OF THEIR PRODUCTS, AND THE DEVELOPMENT OF A HIGHER DEGREE OF EFFICIENCY IN AND A GREATER FINANCIAL RETURN FROM THEIR OCCUPATIONS. TO ACHIEVE THESE PURPOSES, THE ASSOCIATION'S MISSION IS TO AID IN THE PROMOTION OF THE SOYBEAN INDUSTRY THROUGH PROJECTS AND PROGRAMS INCLUDING BUT NOT LIMITED TO RESEARCH, EDUCATION, PROMOTION, AND MARKET DEVELOPMENT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 22 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Chief Executive Officer
Above 90th percentile
$570k
$629k
Base
$435k
Bonus
Other
Benefits
$25k
Chief Officer of Research and Conservation
Highest Compensated Employee
75th to 90th percentile
$259k
$286k
Base
$226k
Bonus
$3k
Other
Benefits
$23k
Chief Financial Officer
75th to 90th percentile
$255k
$281k
Base
$175k
Bonus
$4k
Other
Benefits
$22k
Iawa Executive Director
75th to 90th percentile
$249k
$275k
Base
$202k
Bonus
Other
Benefits
$23k
Director of Research
Highest Compensated Employee
75th to 90th percentile
$240k
$265k
Base
$201k
Bonus
$3k
Other
Benefits
$21k
Director of Conservation
Highest Compensated Employee
Median to 75th percentile
$220k
$244k
Base
$155k
Bonus
$3k
Other
Benefits
$18k
Chief Officer of Demand and Advocacy
Highest Compensated Employee
Median to 75th percentile
$218k
$241k
Base
$190k
Bonus
$3k
Other
Benefits
$7k
Director
Board Member
25th percentile to median
$11k
$13k
Director
Board Member
25th percentile to median
$5k
$6k
Director
Board Member
25th percentile to median
$5k
$6k
President Elect
Below 10th percentile
$5k
$6k
President
Below 10th percentile
$4k
$5k
Director
Board Member
10th to 25th percentile
$4k
$5k
Director
Board Member
10th to 25th percentile
$3k
$4k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Secretary
Officer (Unspecified)
$2k
$2k
Director
Board Member
Below 10th percentile
$1k
$1k
Director
Board Member
Below 10th percentile
$1k
$1k
Director
Board Member
Below 10th percentile
$800
$884
Director
Board Member
Below 10th percentile
$700
$773

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 7 unpaid individuals.

Up 4%
from 2022

From $548k in 2022 to $570k in 2023.

$548k
2022
$570k
2023
In today's dollarsEst.
Roughly flat in real terms$628k to $629k

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.

Pay for the position

Chief Executive Officer pay rose 4% from 2022 to 2023, while revenue rose 1%.

$548k in 2022 to $570k in 2023.
  • Highest Compensated Employee pay fell 21% from 2022 to 2023.
  • Chief Financial Officer pay rose 11% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

IOWA SOYBEAN ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$53.1M
$48.1M
2022
$53.8M
$51.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about IOWA SOYBEAN ASSOCIATION

What does the Chief Executive Officer of IOWA SOYBEAN ASSOCIATION earn?

In 2023, the Chief Executive Officer of IOWA SOYBEAN ASSOCIATION received $569,751 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at IOWA SOYBEAN ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at IOWA SOYBEAN ASSOCIATION falls in the top 10%.

What are IOWA SOYBEAN ASSOCIATION's revenue and expenses?

In 2023, IOWA SOYBEAN ASSOCIATION reported $53.8M in total revenue and $51.4M in total expenses on its IRS Form 990.

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