Soybean Research Development Council

Ankeny, IA
Tax-exempt since Jan. 1999
EIN: 39-1899505

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Type of Nonprofit

Designated as a 501(c)(5) Labor, agricultural and horticultural organizations that are educational or instructive, including unions, created for the purpose of improving conditions of work, and products of efficiency.

Category: Unknown / Unclassified (NTEE)

Donations to this organization are not tax deductible.

Revenue

$1.98M (2024)

Expenses

$1.82M (2024)

Total Assets

$1.65M (2024)

Total Liabilities

$839k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2024

Revenue

$1,978,835

Expenses

$1,818,646

Net Income

$160,189

Net Assets

$811,110

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$969,900	49.0%
Program Services	$993,965	50.2%
Investment Income	$14,970	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$162,360	8.9%

Assets/Debt
Total Assets	$1,649,855
Total Liabilities	$838,745
Net Assets	$811,110

Compensation

Key Employees and Officers	Compensation	Related	Other
Matt Herman (Chief Officer Of Demand &)	$41,589	$192,452	$25,462
Kirk Leeds (Chief Executive Officer)	$1,733	$442,514	$134,744
Steve Mcginnis (Chief Financial Officer)	$1,291	$183,074	$75,883
Aaron Putze (Sr. Director Of Information)	$423	$182,767	$34,863
Suzanne Shirbroun (President)	$0	$4,200	$0
Brent Swart (President Elect)	$0	$5,000	$0
Jeff Frank (Treasurer)	$0	$0	$0
Tom Adam (Secretary)	$0	$1,620	$0
Brent Renner (Director)	$0	$1,100	$0

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990

Filed on March 10, 2025

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Fiscal Year Ending Sept.
2023

Revenue

$2,357,358

Expenses

$2,110,493

Net Income

$246,865

Net Assets

$1,188,650

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,354,930	57.5%
Program Services	$994,064	42.2%
Investment Income	$8,364	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$235,464	11.2%

Assets/Debt
Total Assets	$1,602,114
Total Liabilities	$413,464
Net Assets	$1,188,650

Compensation

Key Employees and Officers	Compensation	Related	Other
Matt Herman (Chief Officer Of Demand & Advocacy)	$184,653	$0	$9,508
Steve Mcginnis (Chief Financial Officer)	$654	$162,757	$72,719
Randy Miller (President, Through 9/7)	$0	$4,544	$0
Suzanne Shirbroun (President, Beginning 9/7)	$0	$1,800	$0
Brent Swart (President Elect, Beginning 9/7)	$0	$5,700	$0
Jeff Frank (Treasurer, Beginning 9/7)	$0	$0	$0
Tom Adam (Secretary, Beginning 9/7)	$0	$2,041	$0
Brent Renner (Director, Beginning 9/7)	$0	$0	$0
Kirk Leeds (Chief Executive Officer)	$0	$427,593	$130,075

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990

Filed on Feb. 8, 2024

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Fiscal Year Ending Sept.
2022

Revenue

$2,374,408

Expenses

$1,511,302

Net Income

$863,106

Net Assets

$941,785

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,635,000	68.9%
Program Services	$738,256	31.1%
Investment Income	$1,152	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$180,411	11.9%

Assets/Debt
Total Assets	$1,429,304
Total Liabilities	$487,519
Net Assets	$941,785

Compensation

Key Employees and Officers	Compensation	Related	Other
Steve Mcginnis (Chief Financial Officer)	$582	$145,022	$65,198
Dave Walton (Treasurer, Through 9/6)	$0	$3,400	$0
Robb Ewoldt (President, Through 9/6)	$0	$1,700	$0
Jeff Frank (Secretary, Beginning 9/7)	$0	$0	$0
Randy Miller (President, Beginning 9/7)	$0	$2,800	$0
Suzanne Shirbroun (President Elect, Beginning 9/7)	$0	$1,200	$0
Tom Adam (At Large, Beginning 9/7)	$0	$600	$0
Brent Swart (Treasurer, Beginning 9/7)	$0	$3,200	$0
Kirk Leeds (Chief Executive Officer)	$0	$412,931	$172,389

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990

Filed on Feb. 2, 2023

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Fiscal Year Ending Sept.
2021

Revenue

$686,918

Expenses

$689,470

Net Income

-$2,552

Net Assets

$78,679

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$686,504	99.9%
Investment Income	$414	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$961	0.1%

Assets/Debt
Total Assets	$631,435
Total Liabilities	$552,756
Net Assets	$78,679

Compensation

Key Employees and Officers	Compensation	Related	Other
Steve Mcginnis (Chief Financial Officer, Beg 7/1)	$508	$126,551	$63,060
Dave Walton (Treasurer)	$0	$927	$0
Robb Ewoldt (President, Beginning 9/9)	$0	$1,600	$0
Jeff Jorgenson (President, Thorugh 9/8)	$0	$2,900	$0
Jeff Frank (At Large)	$0	$0	$0
Randy Miller (President Elect, Beginning 9/9)	$0	$2,589	$0
Suzanne Shirbroun (Secretary, Beginning 9/9)	$0	$1,400	$0
Kirk Leeds (Chief Executive Officer)	$0	$402,393	$170,497
Donna Donovan (Chief Financial Officer, Thr 6/30)	$0	$157,429	$82,843

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990

Filed on Feb. 1, 2022

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Fiscal Year Ending Sept.
2020

Revenue

$441,866

Expenses

$444,025

Net Income

-$2,159

Net Assets

$81,231

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$439,714	99.5%
Investment Income	$2,152	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$469	0.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,180	0.3%

Assets/Debt
Total Assets	$593,112
Total Liabilities	$511,881
Net Assets	$81,231

Compensation

Key Employees and Officers	Compensation	Related	Other
Donna Donovan (Chief Financial Officer)	$193	$140,910	$27,889
Kirk Leeds (Chief Executive Officer)	$0	$314,675	$36,673
Tim Bardole (President, Through 9/10)	$0	$5,800	$0
Dave Walton (Treasurer)	$0	$4,043	$0
Randy Miller (Secretary, Beginning 9/10)	$0	$3,543	$0
Robb Ewoldt (President Elect, Beginning 9/10)	$0	$2,700	$0
Jeff Jorgenson (President, Beginning 9/10)	$0	$1,200	$0
Jeff Frank (At Large, Beginning 9/10)	$0	$0	$0

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990

Filed on April 28, 2021

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Fiscal Year Ending Sept.
2019

Revenue

$786,806

Expenses

$786,601

Net Income

$205

Net Assets

$83,390

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$779,866	99.1%
Investment Income	$6,940	0.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,917	0.2%

Assets/Debt
Total Assets	$316,823
Total Liabilities	$233,433
Net Assets	$83,390

Compensation

Key Employees and Officers	Compensation	Related	Other
Lindsay Greiner (President Through 9/5)	$0	$9,138	$0
Tim Bardole (President Beginning 9/5)	$0	$6,731	$0
Dave Walton (Treasurer Beginning 9/5)	$0	$6,072	$0
Randy Miller (Director)	$0	$4,738	$0
Robb Ewoldt (Secretary Beginning 9/5)	$0	$2,500	$0
Jeff Jorgenson (President Elect Beginning 9/5)	$0	$1,390	$0
Kirk Leeds (Chief Executive Officer)	$0	$374,428	$26,325
Donna Donovan (Chief Financial Officer)	$0	$166,329	$29,844

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990

Filed on July 22, 2020

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Fiscal Year Ending Sept.
2018

Revenue

$785,637

Expenses

$789,671

Net Income

-$4,034

Net Assets

$83,185

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$782,972	99.7%
Investment Income	$2,665	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$417,278
Total Liabilities	$334,093
Net Assets	$83,185

Compensation

Key Employees and Officers	Compensation	Related	Other
Lindsay Greiner (President Beginning 9/15)	$0	$4,115	$0
Bill Shipley (President Through 9/15)	$0	$5,365	$0
Tim Bardole (President Elect Beginning 9/15)	$0	$4,200	$0
Stephanie Essick (Treasurer Through 9/15)	$0	$4,387	$0
Dave Walton (Secretary Beginning 9/15)	$0	$3,107	$0
Randy Miller (Director)	$0	$1,707	$0
Robb Ewoldt (Treasurer Beginning 9/15)	$0	$2,900	$0
Kirk Leeds (Chief Executive Officer)	$0	$377,979	$105,483
Donna Donovan (Chief Financial Officer)	$0	$164,613	$69,517

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990

Filed on July 31, 2019

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Fiscal Year Ending Sept.
2017

Revenue

$807,873

Expenses

$813,476

Net Income

-$5,603

Net Assets

$87,219

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$807,383	99.9%
Investment Income	$490	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$354,962
Total Liabilities	$267,743
Net Assets	$87,219

Compensation

Key Employees and Officers	Compensation	Related	Other
Lindsay Greiner (President Elect Beginning 9/7)	$0	$4,324	$0
Bill Shipley (President Beginning 9/7)	$0	$3,990	$0
Rolland Schnell (President Through 9/7)	$0	$9,617	$0
Stephanie Essick (Treasurer Beginning 9/7)	$0	$2,800	$0
Randy Souder (Secretary Through 9/7)	$0	$4,944	$0
Dave Walton (Director)	$0	$0	$0
Tim Bardole (Secretary Beginning 9/7)	$0	$3,260	$0
Kirk Leeds (Chief Executive Officer)	$0	$344,698	$53,521
Donna Donovan (Chief Financial Officer)	$0	$158,516	$45,590

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990

Filed on Feb. 10, 2018

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Fiscal Year Ending Sept.
2016

Revenue

$880,100

Expenses

$892,988

Net Income

-$12,888

Net Assets

$92,822

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$879,704	100.0%
Investment Income	$396	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$349,605
Total Liabilities	$256,783
Net Assets	$92,822

Compensation

Key Employees and Officers	Compensation	Related	Other
Lindsay Greiner (Director)	$0	$6,363	$0
Bill Shipley (Secretary)	$0	$5,532	$0
Rolland Schnell (President Elect)	$0	$6,218	$0
Wayne Fredericks (President)	$0	$7,741	$0
Jeff Jorgenson (Treasurer)	$0	$3,000	$0
Kirk Leeds (Chief Executive Officer)	$0	$329,664	$32,234
Donna Donovan (Chief Financial Officer)	$0	$155,647	$27,704

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990

Filed on Feb. 10, 2017

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Fiscal Year Ending Sept.
2015

Revenue

$1,066,675

Expenses

$1,042,854

Net Income

$23,821

Net Assets

$105,710

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,066,350	100.0%
Investment Income	$325	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$337,194
Total Liabilities	$231,484
Net Assets	$105,710

Compensation

Key Employees and Officers	Compensation	Related	Other
Benjamin Schmidt (Director)	$0	$1,400	$0
Tom Oswald (President)	$0	$5,057	$0
Rolland Schnell (Secretary)	$0	$3,750	$0
Wayne Fredericks (President Elect)	$0	$4,283	$0
Jeff Jorgenson (Treasurer)	$0	$2,300	$0
Kirk Leeds (Chief Executive Officer)	$0	$315,628	$39,145
Donna Donovan (Chief Financial Officer)	$0	$146,948	$30,075

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990

Filed on Feb. 3, 2016

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Fiscal Year Ending Sept.
2014

Revenue

$1,078,756

Expenses

$1,167,274

Net Income

-$88,518

Net Assets

$81,889

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,078,490	100.0%
Investment Income	$266	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$369,195
Total Liabilities	$287,306
Net Assets	$81,889

Compensation

Key Employees and Officers	Compensation	Related	Other
Brian Kemp (President)	$0	$5,266	$0
Tom Oswald (President Elect)	$0	$3,946	$0
Rolland Schnell (Treasurer)	$0	$3,766	$0
Wayne Fredericks (Secretary)	$0	$3,218	$0
Jeff Jorgenson (Director)	$0	$2,068	$0
Don Guinnip (President (Through 6/17/2014))	$0	$0	$0
Dan Farney (Director (Through 6/17/2014))	$0	$0	$0
Bill Raben (Director (Through 6/17/2014))	$0	$0	$0
Rob Shaffer (Director (Through 6/17/2014))	$0	$0	$0
Mike Marron (Director (Through 6/17/2014))	$0	$0	$0
Kirk Leeds (Chief Executive Officer)	$0	$363,478	$37,627
Donna Donovan (Chief Financial Officer)	$0	$142,237	$25,769

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990

Filed on Feb. 4, 2015

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Fiscal Year Ending Sept.
2013

Revenue

$736,805

Expenses

$679,157

Net Income

$57,648

Net Assets

$170,407

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$736,500	100.0%
Investment Income	$305	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$295,319
Total Liabilities	$124,912
Net Assets	$170,407

990

Filed on June 30, 2014

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Fiscal Year Ending Sept.
2012

Revenue

$752,501

Expenses

$776,451

Net Income

-$23,950

Net Assets

$112,759

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$752,208	100.0%
Investment Income	$293	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$253,012
Total Liabilities	$140,253
Net Assets	$112,759

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Revenue

$479,760

Expenses

$533,475

Net Income

-$53,715

Net Assets

$136,709

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$479,324	99.9%
Investment Income	$436	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$179,069
Total Liabilities	$42,360
Net Assets	$136,709

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Soybean Research Development Council

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.98M (2024)

Expenses $1.82M (2024)

Total Assets $1.65M (2024)

Total Liabilities $839k (2024)

Tax Filings by Year

Fiscal Year Ending Sept. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Revenue

$1.98M (2024)

Expenses

$1.82M (2024)

Total Assets

$1.65M (2024)

Total Liabilities

$839k (2024)

Fiscal Year Ending Sept.
2024

Fiscal Year Ending Sept.
2023

Fiscal Year Ending Sept.
2022

Fiscal Year Ending Sept.
2021

Fiscal Year Ending Sept.
2020

Fiscal Year Ending Sept.
2019

Fiscal Year Ending Sept.
2018

Fiscal Year Ending Sept.
2017

Fiscal Year Ending Sept.
2016

Fiscal Year Ending Sept.
2015

Fiscal Year Ending Sept.
2014

Fiscal Year Ending Sept.
2013

Fiscal Year Ending Sept.
2012

Fiscal Year Ending Sept.
2011

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Sept.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005

Fiscal Year Ending Aug.
2005