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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 73-1523323

TEXAS SOYBEAN BOARD INC

Tax-exempt · LUBBOCK, TX 79490

Financials

$123K$134K2023$86K$112K2024
Revenue Expenses · by fiscal year end
Financials of TEXAS SOYBEAN BOARD INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$85,643$111,779-$26,136$172,966$0$172,966
June 30, 2024990$123,192$133,747-$10,555$199,102$0$199,102
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$77,353
Investment income
$8,290
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$50
Accounting fees
$12,065

Balance sheet and other

Total assets, start of year
$199,102
Total assets, end of year
$172,966
Total liabilities, end of year
$0
Net assets, end of year
$172,966
Gross receipts
$85,643
Employees
0
Year formed
1997
State of legal domicile
TX

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
DAVID GIBSONEXECUTIVE AD
Trustee or director
4$0
DANIEL BERGLUNDCHAIRMAN
Trustee or director, Officer
3$0
ANDY SCOTTVICE-CHAIRMA
Trustee or director, Officer
3$0
WADE COWANDIRECTOR
Trustee or director
1$0
TRENT JONESDIRECTOR
Trustee or director
1$0
CHASE HICKMANDIRECTOR
Trustee or director
1$0
BRANDON RAULSTONDIRECTOR
Trustee or director
1$0
SAMUEL SPARKS IIIDIRECTOR
Trustee or director
1$0
JIMMY HAYESDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
DAVID GIBSONEXECUTIVE AD
Trustee or director
4$0
DANIEL BERGLUNDCHAIRMAN
Trustee or director, Officer
3$0
ANDY SCOTTVICE-CHAIRMA
Trustee or director, Officer
3$0
WADE COWANDIRECTOR
Trustee or director
1$0
TRENT JONESDIRECTOR
Trustee or director
1$0
CHASE HICKMANDIRECTOR
Trustee or director
1$0
BRANDON RAULSTONDIRECTOR
Trustee or director
1$0
SAMUEL SPARKS IIIDIRECTOR
Trustee or director
1$0
JIMMY HAYESDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 16190, LUBBOCK, TX 79490-6190
In care of
% DAVID GIBSON
Principal officer (990 for 2024)
DAVID GIBSON
Signed the 990
DAVID GIBSON, EXECUTIVE ADMIN
Phone
(806) 687-6367
Return prepared by
SINGER BIRKENFELD & ASSOCIATES LLC

Mission

BOARD'S MISSION IS TO COLLECT FUNDS FROM SOYBEAN PRODUCERS FOR THE ESTABLISHMENT OF MARKET DEVELOPMENT, PROMOTION AND RESEARCH TO BENEFIT THE TEXAS SOYBEAN INDUSTRY.

990 for the year ended June 30, 2025

Program accomplishments

  • MARKET DEVELOPMENT, PROMOTION AND RESEARCH
    revenue $77,353
  • MARKET DEVELOPMENT, PROMOTION AND RESEARCH
    Expenses $111,779

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

File the 2025 990-EZ for TEXAS SOYBEAN BOARD INC

Due November 16, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
73-1523323
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$172,966
Income (IRS master file)
$85,643

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024$123,192$133,747$199,102IRS
990June 2023$154,137$156,767$209,657IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about TEXAS SOYBEAN BOARD INC

What is the EIN of TEXAS SOYBEAN BOARD INC?
The employer identification number (EIN) of TEXAS SOYBEAN BOARD INC is 73-1523323.
Is TEXAS SOYBEAN BOARD INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1998.
Are donations to TEXAS SOYBEAN BOARD INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TEXAS SOYBEAN BOARD 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 TEXAS SOYBEAN BOARD 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 TEXAS SOYBEAN BOARD 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 TEXAS SOYBEAN BOARD INC?
The 990 for the year ended June 30, 2025 names DAVID GIBSON.
Who are the officers and directors of TEXAS SOYBEAN BOARD INC?
The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does TEXAS SOYBEAN BOARD INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $85,643, expenses of $111,779 and total assets of $172,966 at year end.

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