ESTABLISHED BY SOYBEAN FARMERS IN 1962, THE MINNESOTA SOYBEAN GROWERS ASSOCIATION (MSGA) IS A NON-PROFIT, FARMER-CONTROLLED MEMBERSHIP ORGANIZATION AIMED AT MONITORING GOVERNMENT POLICIES, SUPPORTING RESEARCH ACTIVITIES AND MARKET DEVELOPMENT ACTIVITIES TO IMPROVE THE PROFITABILITY OF SOYBEAN FARMERS THROUGHOUT THE STATE.
Executive compensation
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
| Position | Total |
|---|---|
Chief Executive Officer 25th percentile to median | $43k $47k |
Chief Financial Officer 25th percentile to median | $30k $34k |
Sr. Director of Technical Operations Below 10th percentile | $23k $25k |
Director of Market Develop Highest Compensated Employee Below 10th percentile | $22k $25k |
Executive Director 10th to 25th percentile | $18k $20k |
Executive Director - Ssga 10th to 25th percentile | $15k $17k |
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 45 unpaid individuals.
Up 11%
from 2022
From $38k in 2022 to $43k in 2023.
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.
Chief Executive Officer pay rose 11% from 2022 to 2023, while revenue rose 19%.
- Chief Financial Officer pay rose 17% from 2022 to 2023.
- Highest Compensated Employee pay rose 9% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
MINNESOTA SOYBEAN GROWERS ASSOCIATION reported revenue and expenses across 2 filing years.
Common questions about MINNESOTA SOYBEAN GROWERS ASSOCIATION
What does the Chief Executive Officer of MINNESOTA SOYBEAN GROWERS ASSOCIATION earn?
In 2023, the Chief Executive Officer of MINNESOTA SOYBEAN GROWERS ASSOCIATION received $42,611 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MINNESOTA SOYBEAN GROWERS 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 MINNESOTA SOYBEAN GROWERS ASSOCIATION falls between the 25th percentile and the median.
What are MINNESOTA SOYBEAN GROWERS ASSOCIATION's revenue and expenses?
In 2023, MINNESOTA SOYBEAN GROWERS ASSOCIATION reported $1.4M in total revenue and $1.6M in total expenses on its IRS Form 990.
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