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Nonprofit · EIN 31-0889506

KENTUCKY SOYBEAN ASSOCIATION INC

Tax-exempt · PRINCETON, KY 42445

Financials

$187K$229K2023$215K$238K2024
Revenue Expenses · by fiscal year end
Financials of KENTUCKY SOYBEAN ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$215,174$238,455-$23,281$426,873$0$426,873
June 30, 2024990$186,963$228,988-$42,025$450,156$0$450,156
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$43,884
of which government grants
$7,500
Membership dues
$36,239
Program service revenue
$162,339
Investment income
$8,951
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,800
Occupancy
$17,036

Balance sheet and other

Total assets, start of year
$450,156
Total assets, end of year
$426,873
Total liabilities, end of year
$0
Net assets, end of year
$426,873
Net assets without donor restrictions
$426,873
Gross receipts
$215,174
Employees
0
Year formed
1970
State of legal domicile
KY

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
DANIEL ADAMSTREASURER
Trustee or director
–$0
BILL CLIFTDIRECTOR
Trustee or director
–$0
DEBBIE ELLISEXECUTIVE DI
Trustee or director, Officer
–$0
DANNY FARRISDIRECTOR
Trustee or director
–$0
MATT GAJDZIKDIRECTOR
Trustee or director
–$0
BRENNAN GILKISONDIRECTOR
Trustee or director
–$0
AARON HALEDIRECTOR
Trustee or director
–$0
ADAM HENDRICKSDIRECTOR
Trustee or director
–$0
BRIAN KUEGELDIRECTOR
Trustee or director
–$0
DREW LANGLEYDIRECTOR
Trustee or director
–$0
MATT MOSSDIRECTOR
Trustee or director
–$0
DAN PIRTLEDIRECTOR
Trustee or director
–$0
QUINT POTTINGERDIRECTOR
Trustee or director
–$0
CONNOR RAYMONDDIRECTOR
Trustee or director
–$0
JONATHAN REYNOLDSVICE PRESIDE
Trustee or director
–$0
10 more people on this return
NameTitleHours / weekCompensation
SPENCER SIMSDIRECTOR
Trustee or director
–$0
BRAD STEPHENDIRECTOR
Trustee or director
–$0
JEREMY STULLDIRECTOR
Trustee or director
–$0
GREG THOMASDIRECTOR
Trustee or director
–$0
JEREMY TUCKERDIRECTOR
Trustee or director
–$0
CLAY WELLSSECRETARY
Trustee or director
–$0
SHANE WELLSDIRECTOR
Trustee or director
–$0
MICHAEL WILLIFORDDIRECTOR
Trustee or director
–$0
DAVID WINCHELLDIRECTOR
Trustee or director
–$0
CATLIN YOUNGDIRECTOR
Trustee or director
–$0
990 for the year ended June 30, 2024: 26 people
NameTitleHours / weekCompensation
DANIEL ADAMSTREASURER
Trustee or director
–$0
LAUREN BICKETTDIRECTOR
Trustee or director
–$0
BILL CLIFTDIRECTOR
Trustee or director
–$0
DANNY FARRISDIRECTOR
Trustee or director
–$0
MATT GAJDZIKDIRECTOR
Trustee or director
–$0
BRENNAN GILKISONDIRECTOR
Trustee or director
–$0
AARON HALEDIRECTOR
Trustee or director
–$0
ADAM HENDRICKSPRESIDENT
Trustee or director
–$0
BRYAN KUEGELDIRECTOR
Trustee or director
–$0
DREW LANGLEYDIRECTOR
Trustee or director
–$0
MATT MOSSDIRECTOR
Trustee or director
–$0
DAN PIRTLEDIRECTOR
Trustee or director
–$0
QUINT POTTINGERDIRECTOR
Trustee or director
–$0
CONNER RAYMONDDIRECTOR
Trustee or director
–$0
JONATHAN REYNOLDSVICE PRESIDE
Trustee or director
–$0
SPENCER SIMSDIRECTOR
Trustee or director
–$0
BRAD STEPHENDIRECTOR
Trustee or director
–$0
JEREMY STULLDIRECTOR
Trustee or director
–$0
GREG THOMASDIRECTOR
Trustee or director
–$0
JEREMY TUCKERDIRECTOR
Trustee or director
–$0
CLAY WELLSSECRETARY
Trustee or director
–$0
SHANE WELLSDIRECTOR
Trustee or director
–$0
MICHAEL WILLIFORDDIRECTOR
Trustee or director
–$0
DAVID WINCHELLDIRECTOR
Trustee or director
–$0
CATLIN YOUNGDIRECTOR
Trustee or director
–$0
DEBBIE ELLISEXECUTIVE DI
Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 30, PRINCETON, KY 42445-0030
Principal officer (990 for 2024)
DEBBIE ELLIS, 1000 HIGHWAY 62 W, PRINCETON, KY 42445
Signed the 990
DEBBIE ELLIS, EXECUTIVE DIRECTOR
Phone
(270) 365-7214
Return prepared by
CRS CPAS

Mission

THE KENTUCKY SOYBEAN ASSOCIATION IS WORKING FOR MEMBERS THROUGH ADVOCACY, POLICY, AND EDUCATION TO INCREASE SOYBEAN PROFITABILITY.

990 for the year ended June 30, 2025

Program accomplishments

  • PROMOTING AND STIMULATING THE INCREASED USE AND SALE OF SOYBEANS AND SOYBEAN PRODUCTS THROUGH EDUCATION AND PROMOTIONAL SHOWS.

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
31-0889506
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
1976
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$426,873
Income (IRS master file)
$215,174

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$215,174$238,455$426,873IRS
990June 2024$186,963$228,988$450,156XML
990June 2023$193,688$200,377$492,181IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––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 31-0889506).

Questions about KENTUCKY SOYBEAN ASSOCIATION INC

What is the EIN of KENTUCKY SOYBEAN ASSOCIATION INC?
The employer identification number (EIN) of KENTUCKY SOYBEAN ASSOCIATION INC is 31-0889506.
Is KENTUCKY SOYBEAN ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1976.
Are donations to KENTUCKY SOYBEAN ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KENTUCKY SOYBEAN ASSOCIATION INC 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 KENTUCKY SOYBEAN ASSOCIATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KENTUCKY SOYBEAN ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of KENTUCKY SOYBEAN ASSOCIATION INC?
The 990 for the year ended June 30, 2025 names DEBBIE ELLIS.
Who are the officers and directors of KENTUCKY SOYBEAN ASSOCIATION INC?
The 990 for the year ended June 30, 2025 lists 25 people; 0 received compensation from the organization.
How much revenue does KENTUCKY SOYBEAN ASSOCIATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $215,174, expenses of $238,455 and total assets of $426,873 at year end.

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