Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 1a Delegate broad authority to a committee | The board of directors, by resolution adopted by a majority of the directors, may designate one or more committees, each of which shall consist of two or more Directors, which committees, to the extent provided in said resolution, shall have and exercise the authority of the Board of Directors in the management of the alliance. |
| Form 990, Part VI, Line 6 Classes of members or stockholders | A POTENTIAL MEMBER COMPLETES AN APPLICATION FOR MEMBERSHIP AND PAYS THE ASSOCIATED FEE, MEMBERSHIP IN THE INDIANA SOYBEAN ALLIANCE (ISA) HELPS TO SUPPORT OUR WORK IN THE POLICY ARENA ON A NATIONAL LEVEL, A MEMBER OF ISA BECOMES A MEMBER OF THE AMERICAN SOY BEAN ASSOCIATION, AN ORGANIZATION THAT REPRESENTS SOY BEAN FARMERS IN WASHINGTON, DC, ASA PUTS OUT A WEEKLY EMAIL NEWSLETTER THAT KEEPS MEMBERS INFORMED OF WHAT IS GOING ON NATIONALLY, ASA ALSO HAS MANY PARTNERSHIPS WITH COMPANIES THAT OFFER DISCOUNTS TO MEMBERS, ASA CELEBRATED THEIR 93RD YEAR IN 2014 OF REPRESENTING SOYBEAN FARMERS ON A STATE LEVEL, MEMBERSHIP SUPPORTS THE POLICY ACTIVITY IN INDIANAPOLIS AND ON THE LOCAL LEVEL, ISA POLICY IS DRIVEN BY THE STRATEGIC PLAN, BUT ALSO COMES FROM THE FARMER LEVEL UP TO THE M&P COMMITTEE ALL 3 YEAR MEMBERS ARE ABLE TO OBTAIN A $100 DISCOUNT FROM 6 PARTICIPATING COMPANIES. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | MEMBERS ELECT DIRECTORS TO REPRESENT EACH DISTRICT. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | 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, Line 12c Conflict of interest policy | 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 ESTABLISHMENT OF PROTECTIVE AGREEMENTS. IF A MATTER INVOLVES A BOARD MEMBER OR OFFICER, APPROPRIATE ACTION, INCLUDING RECUSAL AND ADDITIONAL DISCLOSURES, WILL BE DETERMINED BY THE BOARD. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | The CEO is given an evaluation by a 3rd party. This evaluation is given to the board executive committee who uses that evaluation and reviews industry benchmarks, including 990s of similar organizations to determine the appropriate compensation. The results are documented in the executive committee minutes. Salaries are reviewed on an annual basis. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | The CEO Determines the compensation of the COO and other officers and key employees based on annual evaluations and reviews of industry benchmarks. This determination is reviewed and approved by the executive committee and documented in the employee files. Salaries are reviewed on an annual basis. |
| Form 990, Part VI, Line 19 Required documents available to the public | 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. |
| Form 990, Part VII, Section A Shared service agreement | Indiana Soybean Alliance (ISA) has shared service agreements with the Indiana Corn Marketing Council, Indiana Corn Growers Association and the Soy Aquaculture Alliance. All staff is employed through ISA but an allocation of compensation and overhead is paid by these managed entities. |
| Form 990, Part IX, Line 11g Other Fees | Consulting Fees - Total Expense: 1167559, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; CONTRACTED SERVICES - Total Expense: 83751, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; PAYROLL PROCESSING FEES - Total Expense: 25759, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; |
| Software ID: | 19010655 |
| Software Version: | 2019v5.0 |