TENNESSEE SOYBEAN PROMOTION COUNCIL

Address
100 EXECUTIVE DR
JACKSON, TN 38305
Contact
Phone: +1 (731) 668-2850
Nonprofit
NTEE: K20 - Agricultural Programs
EIN: 62-1470823

Mission

MANAGEMENT & PROMOTION OF SOYBEAN PRODUCTS
 20172016201520142012
Basic features of the organization
Year of formation1992
Subsection code05
PF filing required0    
Metropolitan statistical area3580
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation   $58,995.00$59,000.00
Number of employees33453
Personnel
Dodson, John
TitleSECRETARY    
Name of key/compensated personJOHN H DODSON    
Position of compensated person
Current individual trustee or directorTrue    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Dodson, Johnny
TitleDIRECTORDIRECTORDIRECTOR  
Name of key/compensated personJOHNNY DODSONJOHNNY DODSONJOHNNY DODSON  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Forsbach, Karl
Title    CHAIRMAN
Name of key/compensated person    KARL FORSBACH
Position of compensated person
Current individual trustee or director    True
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Freeman, Mike
TitleCHAIRMANSECRETARYTREASURER  
Name of key/compensated personMIKE FREEMANMIKE FREEMANMIKE FREEMAN  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Gilliam, Dewey
Title  DIRECTOR  
Name of key/compensated person  DEWEY GILLIAM  
Position of compensated person
Current individual trustee or director  True  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Grills, Hunter
Title DIRECTORDIRECTOR  
Name of key/compensated person HUNTER GRILLSHUNTER GRILLS  
Position of compensated person
Current individual trustee or director TrueTrue  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00  
Harris, Larry
Title  CHAIRMANSECRETARY 
Name of key/compensated person  LARRY PAUL HARRISLARRY PAUL HARRIS 
Position of compensated person
Current individual trustee or director  TrueTrue 
Reportable compensation from org  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Holman, Mike
Title   VICE CHAIRSECRETARY
Name of key/compensated person   MIKE HOLMANMIKE HOLMAN
Position of compensated person
Current individual trustee or director   TrueTrue
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Holoman, Mike
Title TREASURER   
Name of key/compensated person MIKE HOLOMAN   
Position of compensated person
Current individual trustee or director True   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00   
Keller, Sam
TitleTREASURERDIRECTOR   
Name of key/compensated personSAM KELLERSAM KELLER   
Position of compensated person
Current individual trustee or directorTrueTrue   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Maupin, Eric
TitleDIRECTORDIRECTORDIRECTOR  
Name of key/compensated personERIC MAUPINERIC MAUPINERIC MAUPIN  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Meadows, Alan
Title CHAIRMANVICE CHAIRTREASURER 
Name of key/compensated person ALAN MEADOWSALAN MEADOWSALAN MEADOWS 
Position of compensated person
Current individual trustee or director TrueTrueTrue 
Reportable compensation from org $0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00 
Moore, Ben
Title    VICE CHAIRMA
Name of key/compensated person    BEN MOORE
Position of compensated person
Current individual trustee or director    True
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Moore, Kenneth
TitleDIRECTORVICE CHAIRSECRETARY  
Name of key/compensated personKENNETH MOOREKENNETH MOOREKENNETH MOORE  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Nichols, David
TitleDIRECTORDIRECTORDIRECTOR TREASURER
Name of key/compensated personDAVID NICHOLSDAVID NICHOLSDAVID NICHOLS DAVID NICHOLS
Position of compensated person
Current individual trustee or directorTrueTrueTrue True
Reportable compensation from org$0.00$0.00$0.00 $0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00 $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00 $0.00
Nichols, Davis
Title   CHAIRMAN 
Name of key/compensated person   DAVIS NICHOLS 
Position of compensated person
Current individual trustee or director   True 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Wells, Parks
TitleEXECUTIVE DIEXECUTIVE DIEXECUTIVE DIEXECUTIVE DIE.D.
Name of key/compensated personPARKS WELLSPARKS WELLSPARKS WELLSPARKS WELLSPARKS WELLS
Position of compensated person
Reportable compensation from org$0.00$0.00$0.00$58,995.00$59,000.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$3,471.00$19,710.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Willis, Don
TitleVICE CHAIR    
Name of key/compensated personDON WILLIS    
Position of compensated person
Current individual trustee or directorTrue    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Yeargin, Jay
TitleDIRECTOR    
Name of key/compensated personJAY YEARGIN    
Position of compensated person
Current individual trustee or directorTrue    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Purpose: mission, activities, & accomplishments
Mission or significant activitiesMANAGEMENT & PROMOTION OF SOYBEAN PRODUCTSMANAGEMENT & PROMOTION OF SOYBEAN PRODUCTSMANAGEMENT & PROMOTION OF SOYBEAN PRODUCTSMANAGEMENT & PROMOTION OF SOYBEAN PRODUCTSMANAGEMENT & PROMOTION OF SOYBEAN PRODUCTS
Program service expenses, total  $280,198.00$76,675.00 
Programs, including revenue & expenses
THE AGENCY PROMOTES THE USE OF SOYBEANS TO CONSUMERS & PROVIDES MANAGEMENT FOR THE TENNESSEE SOYBEAN PROMOTION BOARD, A STATE AGENCY. THIS ACTIVITY BENEFITS 100,000 PLUS FARMERS IN TENNESSEE.
Program descriptionTHE AGENCY PROMOTES THE USE OF SOYBEANS TO CONSUMERS & PROVIDES MANAGEMENT FOR THE TENNESSEE SOYBEAN PROMOTION BOARD, A STATE AGENCY. THIS ACTIVITY BENEFITS 100,000 PLUS FARMERS IN TENNESSEE.THE AGENCY PROMOTES THE USE OF SOYBEANS TO CONSUMERS & PROVIDES MANAGEMENT FOR THE TENNESSEE SOYBEAN PROMOTION BOARD, A STATE AGENCY. THIS ACTIVITY BENEFITS 100,000 PLUS FARMERS IN TENNESSEE.THE AGENCY PROMOTES THE USE OF SOYBEANS TO CONSUMERS & PROVIDES MANAGEMENT FOR THE TENNESSEE SOYBEAN PROMOTION BOARD, A STATE AGENCY. THIS ACTIVITY BENEFITS 100,000 PLUS FARMERS IN TENNESSEE.THE AGENCY PROMOTES THE USE OF SOYBEANS TO CONSUMERS & PROVIDES MANAGEMENT FOR THE TENNESSEE SOYBEAN PROMOTION BOARD, A STATE AGENCY. THIS ACTIVITY BENEFITS 100,000 PLUS FARMERS IN TENNESSEE.THE AGENCY PROMOTES THE USE OF SOYBEANS TO CONSUMERS & PROVIDES MANAGEMENT FOR THE TENNESSEE SOYBEAN PROMOTION BOARD, A STATE AGENCY. THIS ACTIVITY BENEFITS 100,000 PLUS FARMERS IN TENNESSEE.
Financial data
Revenue
Total revenue$391,758.00$526,663.00$466,135.00$428,703.00$414,621.00
Revenue from contributions (total)$391,592.00$526,526.00$466,025.00$430,600.00$414,370.00
Investment income, current yr$166.00$137.00$110.00-$1,897.00$251.00
Total revenue from grants, etc., current yr$391,592.00$526,526.00$466,025.00$430,600.00$414,370.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$0.00$0.00$0.00
Program service revenue (total) $0.00$0.00$0.00$0.00
Gross receipts$391,758.00$526,663.00$466,135.00$430,725.00$414,621.00
Sources of contributions
Revenue from all other contributions$391,592.00$526,526.00$466,025.00$430,600.00$414,370.00
Other types of revenue
Income from dividends, interest, and similar investments$166.00$137.00$110.00$125.00$251.00
Net rental income $0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$442,734.00$457,434.00$508,344.00$374,701.00$391,415.00
Total functional expenses: program service $204,296.00$222,602.00$280,198.00$76,675.00$58,913.00
Total functional expenses: management and general$238,438.00$234,832.00$228,146.00$298,026.00$332,502.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$132,173.00$183,149.00$113,920.00$156,132.00$204,944.00
Total assets, beginning of year$183,149.00$113,920.00$156,132.00$102,764.00$166,890.00
Total liabilities$0.00$0.00$0.00$14,848.00$14,848.00
Total liabilities, beginning of year  $14,848.00$14,848.00 
Unrestricted net assets, end of yr$132,173.00$183,149.00$113,920.00$141,284.00$190,096.00
Net assets$132,173.00$183,149.00$113,920.00$141,284.00$190,096.00
Net assets, beginning of year$183,149.00$113,920.00$141,284.00$87,916.00$166,890.00
Cash: non-interest bearing$119,149.00$163,901.00$90,153.00$126,536.00$174,262.00
Cash: non-interest bearing, beginning of year$163,901.00$90,153.00$126,536.00$70,920.00$142,124.00
Other financial variables
Revenue less expenses-$50,976.00$69,229.00-$42,209.00$54,002.00$23,206.00
Advertising (total)$85,666.00$118,118.00$104,130.00$69,968.00$54,486.00
Accounts receivable, net    $7,975.00
Accounts payable & accrued expenses   $14,848.00$14,848.00
Total net assets or fund balances$132,173.00$183,149.00$113,920.00$141,284.00$190,096.00
Depreciation, depletion, amortization$5,498.00$6,652.00$7,520.00$6,707.00$4,427.00
Governance and accountability
Number of voting members99984
Number of independent voting members99984
Cash accountingTrueTrueTrueTrueTrue
Tax year start date2016-07-012015-07-012014-07-012013-07-012011-07-01
Tax year end date2017-06-012016-06-012015-06-012014-06-012012-06-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2018-01-252017-03-012016-02-052014-12-292012-11-19
IRS schema version2016v3.02015v2.12014v5.02013v3.12011v1.2
Filing identifier201703129349303480201643099349301269201503079349301245201423369349300507201242619349300024
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