2025-01-23T16:32:48-06:00 2024-09-30 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 46240 990 2023-10-01 352026389 INDIANA SOYBEAN ALLIANCE INC INDI 3173473620 8425 KEYSTONE CROSSING 200 INDIANAPOLIS IN 46240 CHANTEL RAMMEL COO 3173473620 2025-01-12 1 1 CASSE TATE P01271193 3175802000 2025-01-12 2023 2024-10-15 13:58:12Z CHANTEL RAMMEL 8425 KEYSTONE CROSSING 200 INDIANAPOLIS IN 46240 11932400 0 X WWW.INCORNANDSOY.ORG X 1997 IN THE INDIANA SOYBEAN ALLIANCE, INC. (ISA) SPONSORS PROGRAMS FOR SOYBEAN PROMOTION, RESEARCH CONSUMER INFORMATION, INDUSTRY INFORMATION AND PRODUCER COMMUNICATIONS UNDER THE FEDERAL SPARC ACT AND ORDER. ISA IS A QUALIFIED STATE SOYBEAN BOARD (QSSB) FOR THE STATE OF INDIANA. ISA ALSO SERVES THE ORGANIZATION'S MEMBERS ON ADVOCACY EFFORTS. 24 24 25 36 24141 0 495747 158452 12270208 10525864 237860 514102 333878 348500 13337693 11546918 6506523 4902479 0 0 1588389 1633252 0 0 0 6352200 5357195 14447112 11892926 -1109419 -346008 22403854 21282418 4514397 3720093 17889457 17562325 X THE OVERALL MISSION OF THE INDIANA SOYBEAN ALLIANCE (ISA) IS TO PROACTIVELY WORK WITH PARTNERS TO IMPROVE THE OPPORTUNITIES FOR INDIANA SOYBEAN FARMERS. TO ACCOMPLISH THIS MISSION, IN 2023 THE ISA BOARD OF DIRECTORS MODIFIED THE STRATEGIC PLAN WHICH PROVIDES A GUIDELINE FOR ACTIVITIES FOR THE NEXT THREE FISCAL YEARS. THE STRATEGIC PLAN INCLUDES INDIANA BASED EVALUATION METRICS TO BE USED FOR PROJECTS THAT COMMENCE IN FISCAL YEAR 2025. THE BASIS OF THIS PLAN WAS DEVELOPED FROM SOURCES WHICH INCLUDED: INPUT FROM INDUSTRY LEADERS, BOARD MEMBERS, FORMER BOARD MEMBERS AND THE EXPERIENCES OF ISA STAFF AND RESULTS FROM THE PRIOR STRATEGIC PLAN. THIS STRATEGIC PLAN HAS FOUR OVERALL STRATEGIC FOCUS AREAS THAT GUIDE ISA'S INVESTMENT OF PRODUCER CHECKOFF DOLLARS. THE FOUR FOCUS AREAS ARE MARKET DEVELOPMENT, SUSTAINABILITY, VALUE CREATION AND PRODUCER ENGAGEMENT. 0 0 MARKET DEVELOPMENT HAS TWO STRATEGIC OBJECTIVES. THE FIRST OBJECTIVE IS TO INCREASE LIVESTOCK AND MEAT EXPORTS. ISA ACCOMPLISHES THIS BY INVESTING IN INITIATIVES THAT INCREASE RED MEAT AND POULTRY EXPORTS TO TARGETED COUNTRIES. THE SECOND OBJECTIVE IS TO INCREASE MARKET PREFERENCE AND NUMBER OF EXPORTS FOR US SOYBEANS AND SOYBEAN PRODUCTS. THE INITIATIVES IN THIS OBJECTIVE ARE TO INCREASE EXPORTS IN TARGETED COUNTRIES, INVEST IN FEED TRIALS, UTILIZE INDUSTRY PARTNERS TO INCREASE BIODIESEL DEMAND AND TO PROVIDE INFORMATION AND EDUCATION ON PROGRAM EFFORTS TO DECISION MAKERS. SUSTAINABILITY HAS THREE STRATEGIC OBJECTIVES. THE FIRST OBJECTIVE IS TO CONTINUE TO INCREASE THE NUMBER OF ACRES IN INDIANA UTILIZING ENVIRONMENTALLY AND ECONOMICALLY SUSTAINABLE PRODUCTION PRACTICES BY TARGETING MEETING NUTRIENT LOSS REDUCTION GOALS IN INDIANA. THE SECOND OBJECTIVE IS TO INCREASE COMMUNITY AWARENESS OF AGRICULTURE AND ITS ECONOMIC VALUE TO THE COMMUNITY. ISA LOOKS TO DO THIS BY USING PARTNERS TO AMPLIFY MESSAGES AND CONVEYING CHECKOFF EDUCATION AND INFORMATION ON THE ECONOMIC VALUE OF AGRICULTURE TO DECISION MAKERS. THE THIRD OBJECTIVE IS TO SUPPORT EFFORTS THAT REDUCE PRODUCTION AND INPUT COSTS AND IMPROVE ON-FARM PROFITABILITY. THE INITIATIVES UNDER THIS OBJECTIVE ARE IDENTIFYING OPPORTUNITIES TO IMPROVE ON-FARM PROFITABILITY AND SEEK NON-TRADITIONAL VALUE GENERATION. VALUE CREATION HAS THREE STRATEGIC OBJECTIVES. THE FIRST OBJECTIVE IS THE INVESTMENT IN GROWTH OF HIGH-OLEIC SOYBEAN OIL FOODS AND PRODUCTS WHICH ADD VALUE TO THE SOYBEANS GROWN IN INDIANA. THE SECOND OBJECTIVE IS TO SUPPORT RESEARCH FOR DEVELOPING FOOD PRODUCTS THAT INCREASE THE VALUE OF SOYBEAN PRODUCTS. THE THIRD OBJECTIVE IS TO DEVELOP NEW INDUSTRIAL USES FOR SOYBEAN PRODUCTS, WITH A FOCUS ON PETROLEUM REPLACEMENTS. 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 56 0 1 25 1 1 1 0 0 0 1 1 0 0 0 X 24 24 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X ANNA MCCONNELL 3176140120 8425 KEYSTONE CROSSING SUITE 200 INDIANAPOLIS IN 46240 COURTNEY KINGERY CEO 40.00 X 226446 0 46173 CHANTEL RAMMEL CHIEF OPERATING OFFICER 40.00 X 169069 0 29215 EDWARD EBERT SR. DIRECTOR OF PRODUCTION 40.00 X 176962 0 18648 STEVE HOWELL SR. DIRECTOR OF INDUSTRY A 40.00 X 140659 0 31564 BEN FORSYTHE DIRECTOR OF SUSTAINABILITY 40.00 X 121763 0 36288 HELENA M JETTE DIRECTOR OF BIOFUELS 40.00 X 133458 0 18047 HANNAH VORSILAK MARKETING OPERATIONS AND L 40.00 X 131357 0 0 KEVIN COX CHAIRMAN 5.00 X X 0 0 0 DENISE SCARBOROUGH VICE CHAIRMAN 5.00 X X 0 0 0 KEEVIN LEMENAGER SECRETARY 5.00 X X 0 0 0 CAREY MCKIBBEN TREASURER 5.00 X X 0 0 0 ALLEN BUCHANAN DIRECTOR 2.00 X 0 0 0 BRIAN WARPUP DIRECTOR 2.00 X 0 0 0 JOSEPH STOLLER DIRECTOR 2.00 X 0 0 0 CHRIS ECK DIRECTOR 2.00 X 0 0 0 CJ CHALFANT DIRECTOR 2.00 X 0 0 0 DERIKA LYNAM-SPAETTI DIRECTOR 2.00 X 0 0 0 DYLAN CHRISTOPHER DIRECTOR 2.00 X 0 0 0 GARY MCDANIEL DIRECTOR 2.00 X 0 0 0 JASON MISINIEC DIRECTOR 2.00 X 0 0 0 JENNA SCOTT DIRECTOR 2.00 X 0 0 0 JOHN PETERS DIRECTOR 2.00 X 0 0 0 MIKE KOEHNE DIRECTOR 2.00 X 0 0 0 KEVIN BURBRINK DIRECTOR 2.00 X 0 0 0 KEVIN KELLEY DIRECTOR 2.00 X 0 0 0 LARRY RUSCH DIRECTOR 2.00 X 0 0 0 MARK LEGAN DIRECTOR 2.00 X 0 0 0 MARK WENNING DIRECTOR 2.00 X 0 0 0 ROGER BOMMER DIRECTOR 2.00 X 0 0 0 ROGER WENNING DIRECTOR 2.00 X 0 0 0 STEVE PHARES DIRECTOR 2.00 X 0 0 0 ANNGIE STEINBARGER DIRECTOR (THROUGH DEC 2023) 2.00 X 0 0 0 JIM DOUGLAS DIRECTOR (THROUGH DEC 2023) 2.00 X 0 0 0 1099714 0 179935 7 0 1 0 0 158452 158452 ASSESSMENT REVENUE 813910 7658826 7658826 OUT-OF-STATE ASSESSMENT REVENUE 813910 2815650 2815650 MEMBERSHIP DUES 813910 51388 51388 10525864 514102 514102 342766 385482 -42716 -42716 -42716 MAGAZINE SPONSORSHIP 541900 378651 24141 354510 OTHER REVENUE 900099 12565 12565 391216 11546918 10525864 24141 838461 4902479 396881 1066567 55029 114775 103790 28600 774663 398381 169453 148328 107468 754215 386834 310743 31838 AWARDS 1321842 AGENCY SERVICES 275150 PROJECT SUPPLIES 267166 DUES/MEMBERSHIPS 234353 44371 11892926 724 4899 17417025 17051091 926066 458525 110125 142544 6385438 2793064 3890743 3592374 59171 32985 22403854 21282418 3239346 2433194 1275051 1286899 4514397 3720093 X 17889457 17562325 17889457 17562325 22403854 21282418 -346008 18876 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 4211534 1360648 2850886 54572 54572 2119332 1432416 686916 3592374 X PART X, LINE 2: ISA IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE INTERNAL REVENUE CODE. 8425 KEYSTONE CROSSING LLC IS A SINGLE MEMBER LLC AND TREATED AS A DISREGARDED ENTITY FOR TAX PURPOSES. THERE WAS NO UNRELATED BUSINESS INCOME TAX FOR THE YEAR ENDED SEPTEMBER 30, 2024. THE ORGANIZATION FILES U.S. FEDERAL AND INDIANA INFORMATION RETURNS. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2021. MANAGEMENT BELIEVES THAT THE ORGANIZATION'S INCOME TAX FILING POSITIONS WILL BE SUSTAINED ON AUDIT AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WILL RESULT IN A MATERIAL CHANGE. EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES MARKET DEVELOPMENT CONTAINER EXPORT TRAINING 13224 0 0 0 0 0 0 13224 0 13224 EAST ASIA AND THE PACIFIC TRAINING 13224 0 0 0 0 0 0 0 1 AMERICAN SOYBEAN ASSOCIATION 12125 WOODCREST ASSOCIATION ST LOUIS MO 63141 420688064 501(C)(5) 125000 0 RESEARCH GRANTS CENTRAL INDIANA CORPORATE PARTNERSHIP INC 111 MONUMENT CIRCLE SUITE 1800 INDIANAPOLIS IN 46204 352065459 501(C)(6) 35325 0 VALUE CREATION AND OTHER PROJECTS CLEAN FUELS ALLIANCE AMERICA PO BOX 104898 JEFFERSON CITY MO 651104898 431623643 C-CORP 44955 0 RESEARCH GRANTS FIICZA 6054 DAPHNE CIRCLE FT MILL SC 29708 203269433 LLC 100000 0 RESEARCH GRANTS INDIANA UNIVERSITY PO BOX 500 BLOOMINGTON IN 47402 356001673 501(C)(3) 40000 0 RESEARCH GRANTS PURDUE UNIVERSITY 403 WEST STATE ST LAFAYETTE IN 47907 356002041 501(C)(3) 959834 0 RESEARCH GRANTS SIRONIX RENEWABLES INC 1128 NW 52ND ST SUITE 403 SEATTLE WA 98107 814270259 C-CORP 100000 0 RESEARCH GRANTS US MEAT EXPORT FEDERATION PO BOX 5722 DENVER CO 80217 521067268 501(C)(6) 1054498 0 MARKET DEVELOPMENT PROJECTS US POULTRY & EGG ASSOCIATION 2300 WEST PARK PLACE BLVD SUITE 100 STONE MOUNTAIN GA 30087 580704657 501(C)(5) 786618 0 MARKET DEVELOPMENT PROJECTS US SOYBEAN EXPORT COUNCIL 16305 SWINGLEY RIDGE ROAD SUITE 200 CHESTERFIELD MO 63017 202462213 501(C)(6) 973087 0 MARKET DEVELOPMENT AND RESEARCH PROJECTS UNIVERSITY OF NOTRE DAME 940 GRACE HALL NOTRE DAME IN 46556 350868188 501(C)(3) 42500 0 RESEARCH GRANTS HOGAN CONSULTING 5 WATER THRUSH COURT - 3011 BALD HEAD ISLAND NC 28461 203269360 LLC 100000 0 RESEARCH GRANTS OHIO STATE UNIVERSITY 901 WOODY HAYES DRIVE COLUMBUS OH 43210 316025986 501(C)(3) 58081 0 RESEARCH GRANTS BATELLE MEMORIAL INSTITUTE 505 KING AVE COLUMBUS OH 43201 314379427 501(C)(3) 200000 0 RESEARCH GRANTS MAYASARI LLC 3025 N COUNTY RD 425 W GREENSBURG IN 47240 454188130 LLC 40000 0 MARKET DEVELOPMENT PROJECTS INSIGNUM AGTECH LLC 3318 PAISLEY POINTE WHITESTOWN IN 46075 832489410 PARTNERSHIP 92581 0 RESEARCH GRANTS BECKS HYBRIDS 6767 E 276TH ST ATLANTA IN 46301 351139823 S-CORP 100000 0 RESEARCH GRANTS NATIONAL FFA ORGANIZATION 6060 FFA DRIVE INDIANAPOLIS IN 46268 540524844 501(C)(3) 50000 0 PRODUCER ENGAGEMENT PROJECT 6 12 PART I, LINE 2: ISA REQUESTS AND RECEIVES REQUEST FOR CONCEPTS FROM GRANTORS THAT ARE REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. THE BOARD REVIEWS THOSE PROJECTS AND DETERMINES WHICH GRANTORS/STAKEHOLDERS WILL RECEIVE A REQUEST FOR PROPOSAL. THE BOARD REVIEWS THOSE PROPOSALS AND DECIDES WHICH PROJECTS TO FUND IN THE ANNUAL BUDGET. ISA STAFF RECEIVE REPORTS FROM GRANTORS/STAKEHOLDERS SHOWING RESULTS OF THE WORKED PERFORMED BY THE GRANTEE/STAKEHOLDER TO ASSESS THE BENEFIT OF THE PROJECT TO SOYBEAN FARMERS. THE RESULTS OF THE PROJECTS ARE COMMUNICATED TO THE BOARD OF DIRECTORS IN BOARD COMMITTEES AND OTHER PRODUCERS IN MEETINGS, PRINT MEDIA, SOCIAL MEDIA, RADIO, ETC. X 1 1 X X X 0 0 0 COURTNEY KINGERY CEO 210405 0 11241 0 4800 0 22500 0 23673 0 272619 0 0 0 CHANTEL RAMMEL CHIEF OPERATING OFFICER 161882 0 7187 0 0 0 1948 0 27267 0 198284 0 0 0 EDWARD EBERT SR. DIRECTOR OF PRODUCTION 170407 0 6555 0 0 0 18648 0 0 0 195610 0 0 0 STEVE HOWELL SR. DIRECTOR OF INDUSTRY A 134986 0 5673 0 0 0 18148 0 13416 0 172223 0 0 0 BEN FORSYTHE DIRECTOR OF SUSTAINABILITY 114334 0 7429 0 0 0 6021 0 30267 0 158051 0 0 0 HELENA M JETTE DIRECTOR OF BIOFUELS 128205 0 5253 0 0 0 7745 0 10302 0 151505 0 0 0 PART 1, LINE 1A - FIRST CLASS OR CHARTER TRAVEL BUSINESS CLASS TRAVEL IS PROVIDED FOR STAFF AND DIRECTORS ONLY DURING FLIGHTS WITH A DURATION OF 8 CONSECUTIVE HOURS WITH A DEEMED BONAFIDE BUSINESS PURPOSE. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS, BY RESOLUTION ADOPTED BY A MAJORITY OF THE DIRECTORS, MAY DESIGNATE ONE OR MORE COMMITTEES, TO THE EXTENT PROVIDED IN SAID RESOLUTION, THAT SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE ALLIANCE. FORM 990, PART VI, SECTION A, LINE 6 A POTENTIAL MEMBER COMPLETES AN APPLICATION FOR MEMBERSHIP AND PAYS THE ASSOCIATED FEE. MEMBERSHIP IN THE INDIANA SOYBEAN ALLILANCE (ISA) HELPS TO SUPPORT ADVOCACY EFFORTS TO LEGISLATIVE OFFICIALS ON A NATIONAL LEVEL. A MEMBER OF ISA BECOMES A MEMBER OF THE AMERICAN SOYBEAN ASSOCIATION, AN ORGANIZATION THAT REPRESENTS SOYBEAN FARMERS IN WASHINGTON, DC. ASA PUTS OUT A WEEKLY NEWSLETTER TO KEEP MEMBERS INFORMED OF AGRICULTURE ISSUES BEING DISCUSSED ON A NATIONAL LEVEL. MEMBERS OF ASA ALSO RECEIVE DISCOUNTS AT VARIOUS COMPANIES THAT ARE PARTNERS OF ASA. MEMBERSHIP ON THE INDIANA SOYBEAN ALLIANCE MEMBERSHIP AND POLICY (ISAM&P) COMMITTEE ALSO SUPPORTS ADVOCACY EFFORTS AT THE STATE AND LOCAL LEVEL ON ISSUES IN THE AGRICULTURAL COMMUNITY. ISAM&P ADVOCATES ON BEHALF OF INDIANA FARMERS AT THE DIRECTION OF THE COMMITTEE MEMBERS. IT SHOULD BE NOTED, ISAM&P ACTIVITIES ARE ACCOUNTED FOR IN SEPARATE BANK ACCOUNTS AND FINANCIAL STATEMENTS IN ORDER TO SEGREGATE THOSE FUNDS FROM ISA CHECKOFF ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT DIRECTORS TO REPRESENT EACH DISTRICT. FORM 990, PART VI, SECTION B, LINE 11B THE 990 WILL BE PREPARED ANNUALLY BY AN EXTERNAL AUDIT FIRM RELYING ON MANAGEMENT DATA TO COMPLETE THE FILING. THE RETURN WILL BE REVIEWED BY THE DIRECTOR OF FINANCE, CEO, AND BUDGET AND FINANCE COMMITTEE. AFTER APPROVAL FROM THESE SOURCES, THE FULL 990 WILL BE PRESENTED TO THE BOARD FOR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, DIRECTOR, AND KEY EMPLOYEE MUST ANNUALLY REVIEW AND COMPLETE A FORM DISCLOSING ANY CONFLICTS. IF A CONFLICT EXISTS, APPROPRIATE ACTION IS TAKEN TO ELIMINATE THE CONFLICT, INCLUDING SUCH STEPS AS NOTIFYING THE BOARD, REASSIGNMENT OF RESPONSIBILITIES OR NOT VOTING ON THE MATTER DEEMED A CONFLICT OF INTEREST. IF A MATTER INVOLVES A BOARD MEMBER OR OFFICER, THE CONFLICT WILL BE DOCUMENTED INCLUDING APPROPRIATE RESOLUTION BY THE COMPLIANCE COMMITTEE OR BOARD AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE CEO ANNUALLY DETERMINES THE COMPENSATION OF ALL ISA EMPLOYEES INCLUDING ALL KEY EMPLOYEES LISTED IN THE RETURN. THIS DETERMINATION IS BASED ON EMPLOYEE PERFORMANCE EVALUATIONS, REVIEW OF INDUSTRY BENCHMARKS WHICH INCLUDE POSITION, SIZE OF THE ORGANIZATION AND GEOGRAPHICAL LOCATION OF ISA'S BUSINESS (THE MIDWEST). TOTAL COMPENSATION FOR THE ORGANIZATION IS ANNUALLY APPROVED BY THE ISA BOARD OF DIRECTORS. THE JOINT OPERATING COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY REVIEW THE PERFORMANCE OF THE CEO AND SET ANY COMPENSATION OF THE CEO BASED ON A NEGOTIATED CONTRACT. THE RESULTS OF PERFORMANCE REVIEWS ARE MAINTAINED IN EMPLOYEE FILES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AND ANNUAL REPORTS ARE AVAILABLE UPON REQUEST, THE ANNUAL REPORT APPEARS ANNUALLY IN ISA'S MAGAZINE. THE AUDITED FINANCIALS ARE ALSO PROVIDED TO THE UNITED SOYBEAN BOARD ANNUALLY FOR THEIR REVIEW. FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THE UNITED SOYBEAN BOARD ALSO ANNUALLY REVIEWS AND APPROVES THE BUDGET APPROVED BY THE ISA BOARD OF DIRECTORS. IN ADDITION TO ANNUAL FINANCIAL STATEMENT AUDITS, THE UNITED SOYBEAN BOARD CONDUCTS PERIODIC COMPLIANCE AUDITS OF ISA. PART XII, LINE 1 THE MODIFIED CASH ACCOUNTING METHOD IS USED FOR THIS RETURN. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN THE AUDIT REVIEW PROCESS FROM THE PRIOR YEAR. 8425 KEYSTONE CROSSING LLC 8425 KEYSTONE CROSSING SUITE 200 INDIANAPOLIS IN 46240 352026389 PROPERTY MANAGEMENT IN 138669 3652591 INDIANA SOYBEAN ALLIANCE INC