Specialty Soya & Grains Alliance is located in Mankato, MN. Specialty Soya & Grains Alliance is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2023, Specialty Soya & Grains Alliance generated $1.4m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $1.1m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RESOURCES THAT COMMUNICATE THE QUALITY, DIVERSITY, AND AVAILABILITY OF IDENTITY-PRESERVED SOYA AND SPECIALTY GRAIN PRODUCTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ATP PROJECTS: USING FUNDING SECURED FROM AN AGRICULTURAL TRADE PROMOTION GRANT FROM THE USDA'S FOREIGN AGRICULTURAL SERVICE, SSGA CONTINUTED WORK TO CREATE A U.S. IP BRAND, TARGETING MARKETS IN NORTH ASIA, SOUTHEAST ASIA, EUROPE, AND INDIA. SSGA HIRED TECHNICAL ADVISORS FOR EACH REGION AND PROVIDED TRAINING FOR THE ADVISORS, ALONG WITH STAFF AND BOARD. SSGA HAS IMPLEMENTED MANY SUCCESSFUL PROGRAMS FROM THIS FUNDING INCLUDING INDENTITY PRESERVED BUSINESS 2 BUSINESS VIRTUAL WEBINARS, LAUNCH OF THE IDENTITY PRESERVED BRAND MARK, PARTICIATING IN THE JAPAN NATTO SOYBEAN SUMMIT, HOSTING AN INTERNATIONALLY ATTENDED SUMMIT DEDICATED TO THE IDENTITY PRESERVED BRAND, AND LANUCHING AN ONLINE TRAINING MODULE, SSGA UNIVERSITY.
"PROMOTION, EDUCATION AND ADVANCEMENT OF US AGRICULTURE PRODUCT EXPORTS. TRANSPORTATION GO! CONFERENCE: THIS EVENT BRINGS IN THE INDUSTRY'S TOP STAKEHOLDERS, FROM BOOTS-ON-THE-GROUND COMMODITY GROWERS AND ORGANIZATIONS TO TRADERS AND SHIPPERS OF SPECIALTY CROPS. THIS HIGHLY ENGAGING CONFERENCE PROVIDES IN-DEPTH DISCUSSIONS ON THE GLOBAL SUPPLY CHAIN AND HOW IT AFFECTS THE VITAL MOVEMENT OF AGRICULTURAL PRODUCTS DOMESTICALLY AND AROUND THE WORLD. INTERNATIONAL PHYTOSANITARY TRADE REGULATIONS: SSGA WORKED HEAVILY ON EDUCATING THE INDUSTRY AND GOVERNMENTAL AGENCIES, FOREIGN AND DOMESTIC, ON CHANGES OF INTERNATIONAL PHYTOSANITARY REGULATIONS. THE ORGANIZATION INVESTED HEAVILY INTO DEVELOPING STANDARDS AND GUIDELINES TO MEET THE NEEDS OF INTERNATIONAL REGULATION AND CONTINE TO GROW THE INTERNATIONAL MARKET FOR U.S. GROWN SOYBEANS AND OTHER SPECIALTY GRAINS."
WORK WITH QUALIFIED STATE SOYBEAN BOARDS (QSSB): SSGA WORKS CLOSELY WITH QUALIFIED STATE SOYBEAN BOARDS, WHICH ARE THE ELECTED FARMERS OF EACH STATE WHO CARRY OUT THE SOYBEAN PROMOTION, RESEARCH AND CONSUMER INFORMATION ACT. QSSB'S INVEST FARMER CHECKOFF MONEY INTO THE RESEARCH, PROMOTION AND DEVELOPMENT OF NEW MARKETS FOR SOYBEANS. THROUGH THIS PROGRAM, SSGA WORKED TO IMPLEMENT GRANTS FOR QSSB'S TO GROW THE IP MARKETPLACE FOR U.S. SOYBEAN FARMERS. ADDITIONALLY, SSGA'S WORK HELPED TO EDUCATE CURRENT AND POTENTIAL IP SOYBEAN GROWERS. SSGA ALSO USED THESE GRANTS TO HOST INTERNATIONAL TRADE TEAMS ON DOMESTIC FARMS FOR THEIR FORK TO FARM EVENTS, WORKED ON MARKET ACCESS ISSUES PERTAINING TO EXPORTING SOYBEANS TO INDIA, AND PUBLISING INDUSTRY WIDE INFORMATION ON SHIPPING AND TRANSPORTATION ISSUES FACING THE AGRICULTURE INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rob Prather Director | Trustee | 1 | $0 |
Colby Eymann Secretary/treasurer | OfficerTrustee | 2 | $0 |
Bob Sinner Chair | OfficerTrustee | 2 | $0 |
Darwin Rader Vice Chair | Trustee | 2 | $0 |
Brian Stobaugh Director | Trustee | 0.5 | $0 |
Chuck Kunisch Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Nhs Global Events Gte Event Management | 8/30/21 | $124,120 |
Ag Management Solutions Llc Management/communication Services | 8/30/21 | $423,446 |
Clutch Performance Ip Protocol Development And Promotion | 8/30/21 | $107,460 |
Spire Research And Consulting Pte Ltd Atp Program Research | 8/30/21 | $103,218 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $105,892 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $352,507 |
All other contributions, gifts, grants, and similar amounts not included above | $357,814 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $816,213 |
Total Program Service Revenue | $555,884 |
Investment income | $155 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
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 | $1,372,252 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $3,192 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $226,222 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $18,290 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $326,384 |
Advertising and promotion | $20,921 |
Office expenses | $3,234 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $56,830 |
Travel | $234,719 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $136,426 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,349 |
All other expenses | $5,551 |
Total functional expenses | $1,123,822 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $22,293 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $395,409 |
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 | $8,859 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $10,500 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $437,061 |
Accounts payable and accrued expenses | $214,194 |
Grants payable | $0 |
Deferred revenue | $66,978 |
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 | $281,172 |
Net assets without donor restrictions | $155,889 |
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 | $437,061 |