South Dakota Crop Improvement Association
- Assets
- $5.5m
- Revenue
- $1.3m
- Investments
- $1.1m
- Employees
- 0
- Location
- Brookings, SD
- Founding
- 04/1929
- Data as of
- 09/2023
- EIN
- 46-6014972
Organization Overview
South Dakota Crop Improvement Association is located in Brookings, SD. The organization was established in 1929. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Dakota Crop Improvement Association 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, South Dakota Crop Improvement Association generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $1.5m during the year ending 09/2023. While expenses have increased by 5.4% per year over the past 7 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 2017, South Dakota Crop Improvement Association has awarded 32 individual grants totaling $2,027,932. 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
MAINTAIN AND MAKE AVAILABLE TO THE PUBLIC SOURCES OF HIGH QUALITY SEED VARIETIES AND PROPAGATION MATERIALS AFTER DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEED CERTIFICATION IS A PRIMARY FUNCTION OF THE ASSOCIATION. THE ASSOCIATION INSPECTS SEED PRODUCERS' FIELDS AND SEED PROCESSORS' FACILITIES TO ENSURE THAT CERTIFIED SEED IS GROWN AND HANDLED PROPERLY. THE ASSOCIATION COLLECTS SALES FEES AND ROYALTIES WHEN CERTIFIED SEED IS SOLD IN THE STATE OF SOUTH DAKOTA. THE ASSOCIATION ALSO COLLECTS FROM AND REMITS THESE FEES AND ROYALTIES TO SIMILAR ORGANIZATIONS IN NEIGHBORING STATES TO SOUTH DAKOTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jess Sondergoth President | OfficerTrustee | 0.5 | $0 |
Steve Kuecker Vice-President | OfficerTrustee | 0.5 | $0 |
Drew Reuman Director | Trustee | 0.5 | $0 |
Jim Chilson Director | Trustee | 0.5 | $0 |
Ryan Van Tassell Director | Trustee | 0.5 | $0 |
Jonas Lynch Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $369,561 |
| Investment income | $55,810 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $832,248 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,257,619 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $423,273 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $117,234 |
| Pension plan accruals and contributions | $7,533 |
| Other employee benefits | $19,957 |
| Payroll taxes | $8,953 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $55,053 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,230 |
| Advertising and promotion | $51,871 |
| Office expenses | $34,617 |
| Information technology | $0 |
| Royalties | $459,194 |
| Occupancy | $7,956 |
| Travel | $41,358 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,035 |
| Interest | $64,775 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $85,228 |
| Insurance | $16,713 |
| All other expenses | $0 |
| Total functional expenses | $1,455,622 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $384,947 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,156 |
| 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 | $10,950 |
| Net Land, buildings, and equipment | $3,207,244 |
| Investments—publicly traded securities | $734,811 |
| Investments—other securities | $1,102,367 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,460,475 |
| Accounts payable and accrued expenses | $398,450 |
| 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 | $1,652,092 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,050,542 |
| Net assets without donor restrictions | $3,409,933 |
| 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 | $5,460,475 |
Grants Awarded
Over the last fiscal year, South Dakota Crop Improvement Association has awarded $413,503 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SDSU FOUNDATION PURPOSE: SCHOLARSHIP FUND | $8,350 |
SDSU OATS BREEDING PROGRAM PURPOSE: ADVANCEMENT OF OAT BREEDING PROGRAM WITH ANNUAL GRANT AND NEW EQUIPMENT/TECHNOLOGY. | $364,500 |
SDSU NE FARM PURPOSE: NEW EQUIPMENT FOR SDSU NE FARM. | $6,832 |
SDSU WINTER WHEAT BREEDING PROGRAM PURPOSE: ADVANCEMENT OF TECHNOLOGY FOR WINTER WHEAT BREEDING PROGRAM. | $33,821 |