Nonprofit · EIN 56-0887931
NORTH CAROLINA SOYBEAN PRODUCERS
Tax-exempt · RALEIGH, NC 27609
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $1,826,289 | $1,961,715 | -$135,426 | $5,469,263 | $12,036 | $5,457,227 |
| August 31, 2024 | 990 | $2,015,487 | $2,053,244 | -$37,757 | $5,625,608 | $32,955 | $5,592,653 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,722,127
- Investment income
- $65,161
- Other revenue
- $39,001
Expenses
- Grants and similar amounts paid
- $823,972
- Compensation of officers, directors and key employees
- $165,000
- Other salaries and wages
- $234,365
- Salaries, compensation and benefits (total)
- $503,833
- Professional fundraising fees
- $0
- Occupancy
- $35,564
- Travel
- $11,627
- Depreciation
- $69,591
Balance sheet and other
- Total assets, start of year
- $5,625,608
- Total assets, end of year
- $5,469,263
- Total liabilities, end of year
- $12,036
- Net assets, end of year
- $5,457,227
- Land, buildings and equipment
- $905,671
- Publicly traded securities
- $324,701
- Net assets without donor restrictions
- $5,457,227
- Gross receipts
- $1,826,289
- Employees
- 4
- Volunteers
- 0
- Year formed
- 1966
- State of legal domicile
- NC
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHARLES HALL | CHIEF EXECUTIVE OFFICER Officer | 40 | $165,000 | $11,550 |
| MICHAEL MCPHERSON | SOYPAC CHAIR Trustee or director | 0 | $0 | $0 |
| REGINALD STRICKLAND | USB DIRECTOR Trustee or director | 0 | $0 | $0 |
| COLLIN SMITHSON | DIRECTOR Trustee or director | 0 | $0 | $0 |
| DEREK POTTER | USB DIRECTOR Trustee or director | 0 | $0 | $0 |
| JIMMY THOMAS | ASA DIRECTOR Trustee or director | 0 | $0 | $0 |
| TOM PORTER | DIRECTOR Trustee or director | 0 | $0 | $0 |
| REID GELDERMAN | DIRECTOR Trustee or director | 0 | $0 | $0 |
| PHIL GORE | DIRECTOR Trustee or director | 0 | $0 | $0 |
| FORREST HOWELL | EXECUTIVE COMMITTEE Trustee or director | 0 | $0 | $0 |
| BEN LONG | DIRECTOR Trustee or director | 0 | $0 | $0 |
| DUNCAN MALLOY | DIRECTOR Trustee or director | 0 | $0 | $0 |
| WADE STANALAND | DIRECTOR Trustee or director | 0 | $0 | $0 |
| LOGAN WATSON | EXECUTIVE COMMITTEE Trustee or director | 0 | $0 | $0 |
| KEITH MILLS | DIRECTOR Trustee or director | 0 | $0 | $0 |
24 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JARMAN SULLIVAN | DIRECTOR Trustee or director | 0 | $0 |
| GRAYSON WELLS | DIRECTOR Trustee or director | 0 | $0 |
| NATHAN BENNETT | DIRECTOR Trustee or director | 0 | $0 |
| COLIN BRICKHOUSE | DIRECTOR Trustee or director | 0 | $0 |
| ADRIAN LOCKLEAR | EXECUTIVE COMMITTEE Trustee or director | 0 | $0 |
| BETH TAYLOR | DIRECTOR Trustee or director | 0 | $0 |
| THAD SHARP | DIRECTOR Trustee or director | 0 | $0 |
| BRANDON BATTEN | DIRECTOR Trustee or director | 0 | $0 |
| COLLINS BULLARD | DIRECTOR Trustee or director | 0 | $0 |
| KEITH CALDWELL | EXECUTIVE COMMITTEE Trustee or director | 0 | $0 |
| ANDY CORRIHER | DIRECTOR Trustee or director | 0 | $0 |
| JASON FARMER | DIRECTOR Trustee or director | 0 | $0 |
| JOHN FLEMING | ASA DIRECTOR Trustee or director | 0 | $0 |
| JAMIE CARRICK | DIRECTOR Trustee or director | 0 | $0 |
| TERRY HOFFNER | DIRECTOR Trustee or director | 0 | $0 |
| COLE PHILLIPS | DIRECTOR Trustee or director | 0 | $0 |
| DERRICK AUSTIN | DIRECTOR Trustee or director | 0 | $0 |
| DALE DAWSON | DIRECTOR Trustee or director | 0 | $0 |
| BILL JORDAN | DIRECTOR Trustee or director | 0 | $0 |
| JUSTIN STURDIVANT | DIRECTOR Trustee or director | 0 | $0 |
| GARY HENDRIX | PRESIDENT Officer | 0 | $0 |
| DAVID HEATH | TREASURER Officer | 0 | $0 |
| PHILIP SLOOP | VICE PRESIDENT Officer | 0 | $0 |
| TREY LIVERMAN | SECRETARY Officer | 0 | $0 |
990 for the year ended August 31, 2024: 39 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHARLES HALL | CHIEF EXECUTIVE OFFICER Officer | 40 | $160,000 | $11,200 |
| MICHAEL MCPHERSON | SOYPAC CHAIR Trustee or director | 0 | $0 | $0 |
| REGINALD STRICKLAND | USB DIRECTOR Trustee or director | 0 | $0 | $0 |
| COLLIN SMITHSON | DIRECTOR Trustee or director | 0 | $0 | $0 |
| DEREK POTTER | USB DIRECTOR Trustee or director | 0 | $0 | $0 |
| JIMMY THOMAS | ASA DIRECTOR Trustee or director | 0 | $0 | $0 |
| TOM PORTER | DIRECTOR Trustee or director | 0 | $0 | $0 |
| REID GELDERMAN | DIRECTOR Trustee or director | 0 | $0 | $0 |
| PHIL GORE | DIRECTOR Trustee or director | 0 | $0 | $0 |
| FORREST HOWELL | EXECUTIVE COMMITTEE Trustee or director | 0 | $0 | $0 |
| BEN LONG | DIRECTOR Trustee or director | 0 | $0 | $0 |
| DUNCAN MALLOY | DIRECTOR Trustee or director | 0 | $0 | $0 |
| WADE STANALAND | DIRECTOR Trustee or director | 0 | $0 | $0 |
| LOGAN WATSON | EXECUTIVE COMMITTEE Trustee or director | 0 | $0 | $0 |
| KEITH MILLS | DIRECTOR Trustee or director | 0 | $0 | $0 |
| JARMAN SULLIVAN | DIRECTOR Trustee or director | 0 | $0 | $0 |
| GRAYSON WELLS | DIRECTOR Trustee or director | 0 | $0 | $0 |
| NATHAN BENNETT | DIRECTOR Trustee or director | 0 | $0 | $0 |
| COLIN BRICKHOUSE | DIRECTOR Trustee or director | 0 | $0 | $0 |
| ADRIAN LOCKLEAR | EXECUTIVE COMMITTEE Trustee or director | 0 | $0 | $0 |
| BETH TAYLOR | DIRECTOR Trustee or director | 0 | $0 | $0 |
| THAD SHARP | DIRECTOR Trustee or director | 0 | $0 | $0 |
| BRANDON BATTEN | DIRECTOR Trustee or director | 0 | $0 | $0 |
| COLLINS BULLARD | DIRECTOR Trustee or director | 0 | $0 | $0 |
| KEITH CALDWELL | EXECUTIVE COMMITTEE Trustee or director | 0 | $0 | $0 |
| ANDY CORRIHER | DIRECTOR Trustee or director | 0 | $0 | $0 |
| JASON FARMER | DIRECTOR Trustee or director | 0 | $0 | $0 |
| JOHN FLEMING | ASA DIRECTOR Trustee or director | 0 | $0 | $0 |
| JAMIE CARRICK | DIRECTOR Trustee or director | 0 | $0 | $0 |
| TERRY HOFFNER | DIRECTOR Trustee or director | 0 | $0 | $0 |
| COLE PHILLIPS | DIRECTOR Trustee or director | 0 | $0 | $0 |
| DERRICK AUSTIN | DIRECTOR Trustee or director | 0 | $0 | $0 |
| DALE DAWSON | DIRECTOR Trustee or director | 0 | $0 | $0 |
| BILL JORDAN | DIRECTOR Trustee or director | 0 | $0 | $0 |
| JUSTIN STURDIVANT | DIRECTOR Trustee or director | 0 | $0 | $0 |
| GARY HENDRIX | PRESIDENT Officer | 0 | $0 | $0 |
| DAVID HEATH | TREASURER Officer | 0 | $0 | $0 |
| PHILIP SLOOP | VICE PRESIDENT Officer | 0 | $0 | $0 |
| TREY LIVERMAN | SECRETARY Officer | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3600 HAWORTH DR STE 2, RALEIGH, NC 27609-7225
- Principal officer (990 for 2024)
- CHARLES HALL, 3600 HAWORTH DRIVE SUITE 2, RALEIGH, NC 27609
- Signed the 990
- CHARLES HALL, CEO
- Phone
- (919) 839-5700
- Website
- NCSOY.ORG
- Return prepared by
- R SCOTT GRADY CPA PLLC
Mission
NONE
Program accomplishments
- PROMOTION OF NORTH CAROLINA PRODUCTION OF SOYBEANS THROUGH EDUCATION, RESEARCH, AND DEVELOPMENT
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 56-0887931
- Tax-exempt status
- 501(c)(5): Labor, agricultural or horticultural organization
- Donations deductible
- No
- Exempt since
- 1968
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $5,469,263
- Income (IRS master file)
- $1,826,289
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $1,826,289 | $1,961,715 | $5,469,263 | XML |
| 990 | August 2024 | $2,015,487 | $2,053,244 | $5,625,608 | XML |
| 990 | August 2023 | $2,484,273 | $1,989,637 | $5,647,508 | IRS |
| 990 | August 2022 | $2,482,483 | $1,311,944 | $5,156,831 | IRS |
| 990 | August 2021 | – | – | – | 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 56-0887931).
Questions about NORTH CAROLINA SOYBEAN PRODUCERS
- What is the EIN of NORTH CAROLINA SOYBEAN PRODUCERS?
- The employer identification number (EIN) of NORTH CAROLINA SOYBEAN PRODUCERS is 56-0887931.
- Is NORTH CAROLINA SOYBEAN PRODUCERS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1968.
- Are donations to NORTH CAROLINA SOYBEAN PRODUCERS tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NORTH CAROLINA SOYBEAN PRODUCERS 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 NORTH CAROLINA SOYBEAN PRODUCERS due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NORTH CAROLINA SOYBEAN PRODUCERS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of NORTH CAROLINA SOYBEAN PRODUCERS?
- The 990 for the year ended August 31, 2025 names CHARLES HALL.
- Who are the officers and directors of NORTH CAROLINA SOYBEAN PRODUCERS?
- The 990 for the year ended August 31, 2025 lists 39 people; 1 received compensation from the organization, the highest $165,000 (CHARLES HALL, CHIEF EXECUTIVE OFFICER).
- How much revenue does NORTH CAROLINA SOYBEAN PRODUCERS have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $1,826,289, expenses of $1,961,715 and total assets of $5,469,263 at year end.
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