North Carolina Soybean Producers

Organization Overview

North Carolina Soybean Producers is located in Raleigh, NC. The organization was established in 1968. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2022, North Carolina Soybean Producers employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Soybean Producers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 08/2022, North Carolina Soybean Producers generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $1.3m during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, North Carolina Soybean Producers has awarded 11 individual grants totaling $1,166,793. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTION OF SOYBEANS THROUGH EDUCATION, RESEARCH, AND DEVELOPMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTION OF NORTH CAROLINA PRODUCTION OF SOYBEANS THROUGH EDUCATION, RESEARCH, AND DEVELOPMENT


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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$2,113,044
Investment income $14,041
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $296,010
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,482,483

Grants Awarded

Over the last fiscal year, North Carolina Soybean Producers has awarded $328,578 in support to 5 organizations.

Grant RecipientAmount

NC STATE UNIVERSITY

PURPOSE: RESEARCH

$304,808

TIDEWATER AGRONOMICS

PURPOSE: RESEARCH

$6,550

PROTECH ADVISORY SERVICES

PURPOSE: RESEARCH

$5,750

FOWLER CROP CONSULTING INC

PURPOSE: RESEARCH

$5,750

IMPACT AGRONOMICS INC

PURPOSE: RESEARCH

$5,720
View Grant Profile

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