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Filing year 2023

IOWA SOYBEAN ASSOCIATION

Ankeny, Iowa·EIN 42-6127197·5
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 · Schedule J · 22 reported individuals · Filing year 2023

Chief Executive Officer
$570k
$629k
Base
$435k
Bonus
Other
Benefits
$25k
Chief Officer of Research and Conservation
highest compensated employee
$259k
$286k
Base
$226k
Bonus
$3k
Other
Benefits
$23k
Chief Financial Officer
$255k
$281k
Base
$175k
Bonus
$4k
Other
Benefits
$22k
Iawa Executive Director
$249k
$275k
Base
$202k
Bonus
Other
Benefits
$23k
Director of Research
highest compensated employee
$240k
$265k
Base
$201k
Bonus
$3k
Other
Benefits
$21k
Director of Conservation
highest compensated employee
$220k
$244k
Base
$155k
Bonus
$3k
Other
Benefits
$18k
Chief Officer of Demand and Advocacy
highest compensated employee
$218k
$241k
Base
$190k
Bonus
$3k
Other
Benefits
$7k
Director
board member
$11k
$13k
Director
board member
$5k
$6k
Director
board member
$5k
$6k
$5k
$6k
Director
board member
$4k
$5k
Director
board member
$3k
$4k
Director
board member
$3k
$3k
Director
board member
$2k
$2k
Director
board member
$2k
$2k
Secretary
officer (unspecified)
$2k
$2k
Director
board member
$1k
$1k
Director
board member
$1k
$1k
Director
board member
$800
$884
Director
board member
$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.

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.
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