New York Corn and Soybean Growers Association
Nonprofit profile at a glance
- EIN
- 161352128
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-EZ 2009
- Location
- Silver Springs, NY, USA
- Phone
- 3153137080
- Rating confidence
- Limited
Reported finances
- Revenue
- $1,230,982
- Expenses
- $1,212,687
- Assets
- $452,434
- Liabilities
- $166,307
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- TOM CORCORAN (PRESIDENT)
- BRAD MACAULEY (VICE PRESIDENT)
- SETH PRITCHARD (PAST PRESIDENT)
- COLLEEN KLEIN (EXECUTIVE DIRECTOR)
Highest reported compensation
- COLLEEN KLEIN (EXECUTIVE DIRECTOR): $129,065 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Organized to promote and develop new and expanded markets for corn and soybean products, organize and assist local corn and soybean grower organizations, and to sponsor research on corn and soybean production, utilization, and marketing, thus enhancing the livelihood of the New York corn and soybean producers. The association is also a qualified state soybean board and administers New York's soybean checkoff.
What it reported doing in 2024
Information & communication: the New York corn and soybean growers association invested in a range of communication efforts to inform and engage farmers, stakeholders, and the public. This included publishing a regular grower-facing newsletter, sponsoring industry events, promoting and administering the annual corn and soybean yield contest, and funding targeted advertising campaigns. These initiatives supported outreach, encouraged best practices, celebrated grower achievements, and increased awareness of the value of New York-grown corn and soybeans.
Operating model
- Revenue model
- Earned-program. 81% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 86
- Accountability: 90
- Sustainability: 31
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.5%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0.37; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0.37; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 10.6%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: -0.9% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: 4.7% per year; rating input score 100; 41st percentile among comparable filings
- Asset growth: 5.6% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 11 of 11 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $129K · 12 people listed
- Highest-paid contractors: 1 contractor listed · $130K reported
- Consistency: 11 of 11 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 41/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.