Nonprofit · EIN 23-7024061
ILLINOIS SOYBEAN GROWERS
Tax-exempt · BLOOMINGTON, IL 61704
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $1,536,066 | $1,685,811 | -$149,745 | $1,613,602 | $253,669 | $1,359,933 |
| August 31, 2024 | 990 | $1,585,816 | $1,717,859 | -$132,043 | $1,626,867 | $116,612 | $1,510,255 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $94,748
- Membership dues
- $94,748
- Program service revenue
- $1,366,238
- Investment income
- $49,904
- Other revenue
- $25,176
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $852
- Accounting fees
- $14,572
- Program services (functional)
- $1,309,144
- Management and general (functional)
- $376,667
Balance sheet and other
- Total assets, start of year
- $1,626,867
- Total assets, end of year
- $1,613,602
- Total liabilities, end of year
- $253,669
- Net assets, end of year
- $1,359,933
- Net assets without donor restrictions
- $1,359,933
- Gross unrelated business income
- $271,476
- Gross receipts
- $1,536,066
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1964
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRYAN SEVERS | CHAIRPERSON Trustee or director, Officer | 2 | $0 |
| BRADY HOLST | VICE CHAIRPERSON Trustee or director, Officer | 2 | $0 |
| TIM SCATES | TREASURER Trustee or director, Officer | 2 | $0 |
| SCOTT GAFFNER | SECRETARY Trustee or director, Officer | 2 | $0 |
| JEFF O'CONNOR | ASST SEC/TREASURER Trustee or director, Officer | 2 | $0 |
| RYAN FRIEDERS | DIRECTOR Trustee or director | 1 | $0 |
| STEVE PITSTICK | DIRECTOR Trustee or director | 1 | $0 |
| DWAYNE ANDERSON | DIRECTOR Trustee or director | 1 | $0 |
| WESTON OLSON | DIRECTOR Trustee or director | 1 | $0 |
| MARK READ | DIRECTOR Trustee or director | 1 | $0 |
| ROB SHAFFER | DIRECTOR Trustee or director | 1 | $0 |
| TIM CLARK | DIRECTOR Trustee or director | 1 | $0 |
| RON KINDRED | DIRECTOR Trustee or director | 1 | $0 |
| ELLIOTT UPHOFF | DIRECTOR Trustee or director | 1 | $0 |
| MATT MURRAY | DIRECTOR Trustee or director | 1 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BROCK WILLARD | DIRECTOR Trustee or director | 1 | $0 |
| HEATH HOUCK | DIRECTOR Trustee or director | 1 | $0 |
| BRAD DAUGHERTY | DIRECTOR Trustee or director | 1 | $0 |
| JEFF PARKER | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN ATTEBERRY | DIRECTOR Trustee or director | 1 | $0 |
| EMILY LOVELADY | DIRECTOR Trustee or director | 1 | $0 |
| BETSEY EMERICK | DIRECTOR Trustee or director | 1 | $0 |
| DAVID WESSEL | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended August 31, 2024: 23 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RON KINDRED | CHAIRPERSON Trustee or director, Officer | 2 | $0 |
| BRAD DAUGHERTY | VICE CHAIRPERSON Trustee or director, Officer | 2 | $0 |
| TIM SCATES | TREASURER Trustee or director, Officer | 2 | $0 |
| DWAYNE ANDERSON | SECRETARY Trustee or director, Officer | 2 | $0 |
| DAVID WESSEL | ASST SEC/TREASURER Trustee or director, Officer | 2 | $0 |
| RYAN FRIEDERS | DIRECTOR Trustee or director | 1 | $0 |
| STEVE PITSTICK | DIRECTOR Trustee or director | 1 | $0 |
| BUCK HILL | DIRECTOR Trustee or director | 1 | $0 |
| MARK READ | DIRECTOR Trustee or director | 1 | $0 |
| JAMES MARTIN | DIRECTOR Trustee or director | 1 | $0 |
| BRYAN SEVERS | DIRECTOR Trustee or director | 1 | $0 |
| DAVID NIEKAMP | DIRECTOR Trustee or director | 1 | $0 |
| ELLIOTT UPHOFF | DIRECTOR Trustee or director | 1 | $0 |
| MATT MURRAY | DIRECTOR Trustee or director | 1 | $0 |
| BROCK WILLARD | DIRECTOR Trustee or director | 1 | $0 |
| HEATH HOUCK | DIRECTOR Trustee or director | 1 | $0 |
| JEFF PARKER | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN ATTEBERY | DIRECTOR Trustee or director | 1 | $0 |
| RICK RUBENACKER | DIRECTOR Trustee or director | 1 | $0 |
| BETSEY EMERICK | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT GAFFNER | DIRECTOR Trustee or director | 1 | $0 |
| BRADY HOLST | DIRECTOR Trustee or director | 1 | $0 |
| JEFF O'CONNOR | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1108 TRINITY LN, BLOOMINGTON, IL 61704-8109
- Principal officer (990 for 2024)
- BRYAN SEVERS, 1108 TRINITY LANE, BLOOMINGTON, IL 61704
- Signed the 990
- JOHN LUMPE, CEO
- Phone
- (309) 662-3373
- Website
- WWW.ILSOYGROWERS.COM
- Return prepared by
- STRIEGEL KNOBLOCH & COMPANY LLC
Mission
TO ENSURE ILLINOIS SOY IS THE HIGHEST QUALITY, MOST DEPENDABLE, SUSTAINABLE AND COMPETITIVE IN THE GLOBAL MARKETPLACE.
Program accomplishments
- COMMUNICATIONS FUNDING: TO COMMUNICATE INFOMRATION TO HELP ILLINOIS SOYBEAN FARMERS BECOME MARKET LEADERS IN SUSTAINABLE SOYBEAN PRODUCTION AND PROFITABILITY.Expenses $861,234
- GOVERNMENT RELATIONS FUNDING: FUNDING IN SUPPORT OF DEEPENING RELATIONSHIPS WITH INDUSTRY PARTNERS AND OTHER ORGANIZATIONS.Expenses $440,627
- EXECUTIVE FUNDING: FUNDING FOR IDENTIFYING NEW USES FOR SOY, BETTER MEASURING CONSERVATION PRACTICES, IDENTIFYING BEST MANAGEMENT PRACTICES FOR PRODUCERS AND INCREASING DOMESTIC BIODIESEL CONSUMPTION.Expenses $7,283
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 23-7024061
- Tax-exempt status
- 501(c)(5): Labor, agricultural or horticultural organization
- Donations deductible
- No
- Exempt since
- 1969
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,613,602
- Income (IRS master file)
- $1,536,066
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $1,536,066 | $1,685,811 | $1,613,602 | XML |
| 990 | August 2024 | $1,585,816 | $1,717,859 | $1,626,867 | XML |
| 990 | August 2023 | $1,633,931 | $1,431,463 | $1,782,660 | IRS |
| 990 | August 2022 | – | – | – | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7024061).
Questions about ILLINOIS SOYBEAN GROWERS
- What is the EIN of ILLINOIS SOYBEAN GROWERS?
- The employer identification number (EIN) of ILLINOIS SOYBEAN GROWERS is 23-7024061.
- Is ILLINOIS SOYBEAN GROWERS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1969.
- Are donations to ILLINOIS SOYBEAN GROWERS tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ILLINOIS SOYBEAN GROWERS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ILLINOIS SOYBEAN GROWERS due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ILLINOIS SOYBEAN GROWERS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of ILLINOIS SOYBEAN GROWERS?
- The 990 for the year ended August 31, 2025 names BRYAN SEVERS.
- Who are the officers and directors of ILLINOIS SOYBEAN GROWERS?
- The 990 for the year ended August 31, 2025 lists 23 people; 0 received compensation from the organization.
- How much revenue does ILLINOIS SOYBEAN GROWERS have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $1,536,066, expenses of $1,685,811 and total assets of $1,613,602 at year end.
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