New York Corn And Soybean Growers Association Inc
- Assets
- $618.2k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 1
- Location
- Silver Springs, NY
- Founding
- 12/1989
- Data as of
- 09/2023
- EIN
- 16-1352128
Organization Overview
New York Corn And Soybean Growers Association Inc is located in Silver Springs, NY. The organization was established in 1989. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Corn And Soybean Growers Association Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2023, New York Corn And Soybean Growers Association Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $1.2m during the year ending 09/2023. While expenses have increased by 4.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, New York Corn And Soybean Growers Association Inc has awarded 52 individual grants totaling $864,980. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE NEW YORK CORN AND SOYBEAN GROWERS ASSOCIATION IS A GRASSROOTS ORGANIZATION REPRESENTING CORN AND SOYBEAN PRODUCERS' INTERESTS. THE ASSOCIATION WORKS TO DEVELOP AND EXPAND MARKETS, EDUCATE MEMBERS, AND ENHANCE PUBLIC POLICY FOR CORN AND SOYBEAN GROWERS IN THE EMPIRE STATE. THE ASSOCIATION SPONSORS RESEARCH ON CORN AND SOYBEAN PRODUCTION, UTILIZATION, AND MARKETING; AND HOSTS EDUCATIONAL PROGRAMS ON MANAGEMENT, PRODUCTION, AND MARKETING. THE ASSOCIATION IS ALSO A QUALIFIED STATE SOYBEAN BOARD AND ADMINSTERS NEW YORK'S SOYBEAN CHECKOFF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP AND EXPAND MARKETS, EDUCATE MEMBERS AND CONSUMERS AND ENHANCE PUBLIC POLICY FOR CORN AND SOYBEAN GROWERS IN THE EMPIRE STATE
REMITTANCES TO UNITED SOYBEAN BOARD AND OTHER STATE BOARDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colleen Klein Executive Director | Officer | 40 | $95,965 |
Tom Corcoran President And Director | OfficerTrustee | 2 | $0 |
Brad Macauley Vice President | OfficerTrustee | 2 | $0 |
Emmaline Long Secretary | OfficerTrustee | 1 | $0 |
Michael Meisenzahl Treasurer | OfficerTrustee | 2 | $0 |
Chris Bay Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $38,995 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,495 |
| Total Program Service Revenue | $1,206,211 |
| Investment income | $6,033 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $561 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,274,108 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $52,672 |
| Grants and other assistance to domestic individuals. | $5,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $123,979 |
| Compensation of current officers, directors, key employees. | $123,979 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $115,000 |
| Fees for services: Legal | $401 |
| Fees for services: Accounting | $18,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,352 |
| Fees for services: Other | $0 |
| Advertising and promotion | $27,813 |
| Office expenses | $14,755 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $77,320 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,373 |
| All other expenses | $17,872 |
| Total functional expenses | $1,210,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,731 |
| Savings and temporary cash investments | $439,665 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,143 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,704 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $618,243 |
| Accounts payable and accrued expenses | $61,145 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $61,145 |
| Net assets without donor restrictions | $557,098 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $618,243 |
Grants Awarded
Over the last fiscal year, New York Corn And Soybean Growers Association Inc has awarded $42,907 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NEW YORK ANIMAL AGRICULTURE COALITION (NYAAC) PURPOSE: CONDUCT RESEARCH, PROMOTION AND EDUCATION PROGRAMS BENEFICIAL TO THE FUTURE OF NYS CORN AND SOYBEAN FARMERS | $7,500 |
CLEAN FUELS ALLIANCE AMERICA PURPOSE: CONDUCT RESEARCH, PROMOTION AND EDUCATION PROGRAMS BENEFICIAL TO THE FUTURE OF NYS CORN AND SOYBEAN FARMERS | $17,030 |
CORNELL COOPERATIVE EXTENSION PURPOSE: CONDUCT RESEARCH, PROMOTION AND EDUCATION PROGRAMS BENEFICIAL TO THE FUTURE OF NYS CORN AND SOYBEAN FARMERS | $7,277 |
AMERICAN SOYBEAN ASSOCIATION PURPOSE: CONDUCT RESEARCH, PROMOTION AND EDUCATION PROGRAMS BENEFICIAL TO THE FUTURE OF NYS CORN AND SOYBEAN FARMERS | $11,100 |