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Nonprofit · EIN 42-6127197

IOWA SOYBEAN ASSOCIATION

Tax-exempt · ANKENY, IA 50023

Financials

$53.1M$48.1M2022$53.8M$51.4M2023$47.1M$48.9M2024
Revenue Expenses · by fiscal year end
Financials of IOWA SOYBEAN ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$47,141,342$48,946,152-$1,804,810$50,361,819$7,118,593$43,243,226
September 30, 2024990$53,765,158$51,370,179$2,394,979$54,483,294$12,693,464$41,789,830
September 30, 2023990$53,121,070$48,138,913$4,982,157$49,063,566$10,410,714$38,652,852
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$11,215,033
of which government grants
$10,357,178
Membership dues
$134,130
Program service revenue
$34,612,002
Investment income
$881,686
Net gain from sales of assets
$105,231
Other revenue
$432,621

Expenses

Grants and similar amounts paid
$9,378,904
Compensation of officers, directors and key employees
$834,152
Other salaries and wages
$6,521,959
Salaries, compensation and benefits (total)
$9,533,230
Professional fundraising fees
$0
Legal fees
$36,083
Accounting fees
$32,634
Occupancy
$153,772
Travel
$941,123
Depreciation
$594,045

Balance sheet and other

Total assets, start of year
$54,483,294
Total assets, end of year
$50,361,819
Total liabilities, end of year
$7,118,593
Net assets, end of year
$43,243,226
Land, buildings and equipment
$14,687,312
Publicly traded securities
$13,690
Net assets without donor restrictions
$43,243,226
Gross unrelated business income
$403,261
Gross receipts
$47,141,342
Employees
117
Volunteers
131
Year formed
1964
State of legal domicile
IA

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
KIRK LEEDSCHIEF EXECUTIVE OFFICER
Officer
39$456,763$14,661$56,279
CHRISTI WIEBBECKECO OF RESEARCH AND CONSERVATION
Highest-paid employee
40$252,658$0$45,427
DAN YEOMANMANAGING DIRECTOR OF AGOUTCOMES
Highest-paid employee
0$0$269,624$12,133
MATT HERMANCO OF DEMAND AND ADVOCACY
Highest-paid employee
40$244,092$0$31,777
JOE MCCLURECO OF RESEARCH CENTER FOR FARMING
Highest-paid employee
39.5$214,259$3,528$45,380
ROGER WOLFDIRECTOR OF CONSERVATION
Highest-paid employee
34$181,631$35,035$39,814
STEVE MCGINNISCHIEF FINANCIAL OFFICER
Officer
39$203,616$6,082$43,293
BRENT SWARTDIRECTOR
Trustee or director
1$8,949$0$0
MARTY DANZERDIRECTOR
Trustee or director
1$4,000$0$0
SCOT BAILEYDIRECTOR
Trustee or director
1$3,900$0$0
RANDY MILLERDIRECTOR (END 9/4/2025)
Trustee or director
1$3,861$0$0
BRENT RENNERDIRECTOR (END 9/4/2025)
Trustee or director
1$3,200$0$0
SAM SHOWALTERTREASURER
Trustee or director, Officer
1$3,100$0$0
AIMEE BISSELLSECRETARY
Trustee or director, Officer
1$3,100$0$0
JEFF ELLISDIRECTOR
Trustee or director
1$3,100$0$0
19 more people on this return
NameTitleHours / weekCompensation
SHARON CHISMDIRECTOR
Trustee or director
1$2,800
WARREN BACHMANDIRECTOR (END 9/4/2025)
Trustee or director
1$2,500
RICK JUCHEMSDIRECTOR (END 9/4/2025)
Trustee or director
1$2,444
DAVE STRUTHERSDIRECTOR
Trustee or director
1$2,000
TOM ADAMPRESIDENT
Trustee or director, Officer
1$1,200
PAUL KASSELDIRECTOR
Trustee or director
1$1,200
DAVE WALTONDIRECTOR (END 9/4/2025)
Trustee or director
1$1,000
LEE BROOKEPRESIDENT ELECT
Trustee or director, Officer
1$700
MIKE YEGGEDIRECTOR
Trustee or director
1$700
AMANDA TUPPERDIRECTOR
Trustee or director
1$700
COREY GOODHUEDIRECTOR
Trustee or director
1$700
JACK BOYERDIRECTOR
Trustee or director
1$700
MATT WILLIMACKDIRECTOR (END 8/8/2025)
Trustee or director
1$700
SUMMER ORYDIRECTOR
Trustee or director
1$630
JOSH SCHOULTEDIRECTOR
Trustee or director
1$0
JEFF FRANKDIRECTOR
Trustee or director
1$0
JOE SPERSFSLAGEDIRECTOR
Trustee or director
1$0
BRIAN FULLERDIRECTOR
Trustee or director
1$0
NEIL KRUMMENDIRECTOR
Trustee or director
1$0
990 for the year ended September 30, 2024: 29 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KIRK LEEDSCHIEF EXECUTIVE OFFICER
Officer
39$435,007$9,240$134,744
STEVE MCGINNISCHIEF FINANCIAL OFFICER
Officer
38$178,650$5,715$75,883
MATT HERMANCHIEF OFFICER OF DEMAND AND ADVOCACY
Highest-paid employee
34$192,452$41,589$25,462
CHRISTI WIEBBECKECHIEF OFFICER OF RESEARCH AND CONSERVATION
Highest-paid employee
40$228,509$0$30,446
ROGER WOLFDIRECTOR OF CONSERVATION
Highest-paid employee
34$157,429$37,795$63,019
SEAN MCMAHONIAWA EXECUTIVE DIRECTOR
Highest-paid employee
40$201,547$0$47,136
JOE MCCLUREDIRECTOR OF RESEARCH
Highest-paid employee
38$203,123$4,784$37,048
RANDY MILLERDIRECTOR
Trustee or director
1$11,493$0$0
TIM BARDOLEDIRECTOR
Trustee or director
1$5,371$0$0
MARTY DANZERDIRECTOR
Trustee or director
1$5,144$0$0
BRENT SWARTPRESIDENT ELECT
Trustee or director, Officer
1$5,000$0$0
SUZANNE SHIRBROUNPRESIDENT
Trustee or director, Officer
1$4,200$0$0
PAT SWANSONDIRECTOR
Trustee or director
1$4,130$0$0
SCOT BAILEYDIRECTOR
Trustee or director
1$3,404$0$0
WARREN BACHMANDIRECTOR
Trustee or director
1$2,542$0$0
DAVE STRUTHERSDIRECTOR
Trustee or director
1$2,179$0$0
RICK JUCHEMSDIRECTOR
Trustee or director
1$1,700$0$0
TOM ADAMSECRETARY
Trustee or director, Officer
1$1,620$0$0
APRIL HEMMESDIRECTOR
Trustee or director
1$1,300$0$0
BRENT RENNERDIRECTOR
Trustee or director
1$1,100$0$0
DAVE WALTONDIRECTOR
Trustee or director
1$800$0$0
ROBB EWOLDTDIRECTOR
Trustee or director
1$700$0$0
JEFF FRANKTREASURER
Trustee or director, Officer
1$0$0$0
LEE BROOKEDIRECTOR
Trustee or director
1$0$0$0
AIMEE BISSELLDIRECTOR
Trustee or director
1$0$0$0
COREY GOODHUEDIRECTOR
Trustee or director
1$0$0$0
PAUL KASSELDIRECTOR
Trustee or director
1$0$0$0
SAM SHOWALTERDIRECTOR
Trustee or director
1$0$0$0
SHARON CHISMDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended September 30, 2023: 34 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KIRK LEEDSCHIEF EXECUTIVE OFFICER
Officer
39$417,820$9,773$130,075
ED ANDERSONSR. DIRECTOR OF RESEARCH
Highest-paid employee
40$258,348$0$67,496
ROGER WOLFDIRECTOR OF ENVIRONMENTAL
Highest-paid employee
34$151,904$31,876$69,276
STEVE MCGINNISCHIEF FINANCIAL OFFICER
Officer
38$155,574$7,837$72,719
SEAN MCMAHONIAWA EXECUTIVE DIRECTOR
Highest-paid employee
40$182,794$0$49,470
AARON PUTZESR. DIRECTOR OF INFORMATIO
Highest-paid employee
40$168,637$366$47,840
MATT HERMANCHIEF OFFICER OF DEMAD AND ADVOCACY
Highest-paid employee
0$0$184,653$9,508
BRENT SWARTPRESIDENT ELECT, BEGINNING 9/7
Trustee or director, Officer
1$5,700$0$0
MARTY DANZERDIRECTOR
Trustee or director
1$4,788$0$0
RANDY MILLERPRESIDENT, THROUGH 9/7
Trustee or director, Officer
1$4,544$0$0
TIM BARDOLEDIRECTOR
Trustee or director
1$4,200$0$0
ROBB EWOLDTDIRECTOR
Trustee or director
1$3,300$0$0
WARREN BACHMANDIRECTOR
Trustee or director
1$3,300$0$0
MOREY HILLDIRECTOR, THROUGH 9/7
Trustee or director
1$2,900$0$0
DAVE WALTONDIRECTOR
Trustee or director
1$2,465$0$0
TOM ADAMSECRETARY, BEGINNING 9/7
Trustee or director, Officer
1$2,041$0$0
PAT SWANSONDIRECTOR
Trustee or director
1$2,000$0$0
SCOT BAILEYDIRECTOR
Trustee or director
1$2,000$0$0
SUZANNE SHIRBROUNPRESIDENT, BEGINNING 9/7
Trustee or director, Officer
1$1,800$0$0
LINDSAY GREINERDIRECTOR, THROUGH 9/7
Trustee or director
1$1,541$0$0
LEE BROOKEDIRECTOR
Trustee or director
1$1,441$0$0
CASEY SCHLICHTINGDIRECTOR, THROUGH 6/29
Trustee or director
1$1,300$0$0
RICK JUCHEMSDIRECTOR
Trustee or director
1$1,041$0$0
BRENT RENNERDIRECTOR
Trustee or director
1$0$0$0
APRIL HEMMESDIRECTOR
Trustee or director
1$0$0$0
STEPHANIE ESSICKDIRECTOR, THROUGH 9/7
Trustee or director
1$0$0$0
CHUCK WHITEDIRECTOR, THROUGH 9/7
Trustee or director
1$0$0$0
JEFF FRANKTREASURER, BEGINNING 9/7
Trustee or director, Officer
1$0$0$0
DAVE STRUTHERSDIRECTOR
Trustee or director
1$0$0$0
AIMEE BISSELLDIRECTOR
Trustee or director
1$0$0$0
COREY GOODHUEDIRECTOR
Trustee or director
1$0$0$0
PAUL KASSELDIRECTOR
Trustee or director
1$0$0$0
SAM SHOWALTERDIRECTOR
Trustee or director
1$0$0$0
SHARON CHISMDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1255 SW PRAIRIE TRAIL PKWY, ANKENY, IA 50023-7068
In care of
% IOWA
Principal officer (990 for 2024)
KIRK LEEDS, 1255 SW PRAIRIE TRAIL PARKWAY, ANKENY, IA 50023
Signed the 990
STEVE MCGINNIS, CHIEF FINANCIAL OFFICER
Phone
(515) 251-8640
Return prepared by
CREATIVE PLANNING TAX LLC

Mission

THE IOWA SOYBEAN ASSOCIATION (ISA) IS DRIVEN TO DELIVER INCREASED SOYBEAN DEMAND THROUGH MARKET DEVELOPMENT AND NEW USES, FARMER-FOCUSED RESEARCH AND RESULTS, TIMELY INFORMATION AND KNOW-HOW, AND POLICY INITIATIVES ENABLING FARMERS AND THE INDUSTRY TO FLURISH.

990 for the year ended September 30, 2025

Program accomplishments

  • ADVOCACY - EMPOWERS SOYBEAN FARMERS TO SHAPE GOVERNMENT POLICIES AND REGULATIONS THAT IMPACT SOY AND THE AGRICULTURAL INDUSTRY.
  • PRODUCTIVITY - IMPROVES SOYBEAN CROPPING SYSTEM PRODUCTIVITY, PROFITABILITY, AND SUSTAINABILITY.
  • DEMAND - INCREASE DEMAND FOR IOWA AND U.S. SOYBEANS AND SOY PRODUCTS.
  • ENGAGEMENT - BUILDS STRONG AND ENDURING RELATIONSHIPS WITH FARMERS, INDUSTRY STAKEHOLDERS, AND KEY INFLUENCERS BENEFITING ISA AND THE AGRICULTURAL COMMUNITY. OPERATIONS - MAXIMIZES THE IMPACT OF OUR PEOPLE AND RESOURCES THROUGH OPERATIONAL EXCELLENCE, COLLABORATION, AND CONTINUOUS IMPROVEMENT.

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

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
42-6127197
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Exempt since
1991
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$50,361,819
Income (IRS master file)
$47,141,342

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$47,141,342$48,946,152$50,361,819XML
990September 2024$53,765,158$51,370,179$54,483,294XML
990September 2023$53,121,070$48,138,913$49,063,566XML
990September 2022$49,594,198$42,769,061$41,040,308IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––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 42-6127197).

Questions about IOWA SOYBEAN ASSOCIATION

What is the EIN of IOWA SOYBEAN ASSOCIATION?
The employer identification number (EIN) of IOWA SOYBEAN ASSOCIATION is 42-6127197.
Is IOWA SOYBEAN ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1991.
Which annual return does IOWA SOYBEAN ASSOCIATION 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 IOWA SOYBEAN ASSOCIATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IOWA SOYBEAN ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of IOWA SOYBEAN ASSOCIATION?
The 990 for the year ended September 30, 2025 names KIRK LEEDS.
Who are the officers and directors of IOWA SOYBEAN ASSOCIATION?
The 990 for the year ended September 30, 2025 lists 34 people; 28 received compensation from the organization, the highest $456,763 (KIRK LEEDS, CHIEF EXECUTIVE OFFICER).
How much revenue does IOWA SOYBEAN ASSOCIATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $47,141,342, expenses of $48,946,152 and total assets of $50,361,819 at year end.

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