Maryland Soybean Board logo

Maryland Soybean Board

SALISBURY, MD EIN: 52-1214909 Website

TO COLLECT ASSESSMENTS AND DISBURSE THE MONEY COLLECTED TO FUND PROJECTS RELATED TO MARKETING, PROMOTION OF SOYBEANS AND NEW USES, SOYBEAN EDUCATION, AND SOYBEAN RESEARCH TO DECREASE PRODUCTION COSTS TO FARMERS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

-7.7% YoY

Revenue

$1.5M

-18.7% YoY

Net Investment Income

$17K

+183.2% YoY

Expenses

$1.4M

-11.5% YoY

About Maryland Soybean Board

Based on IRS filings

Maryland Soybean Board is a nonprofit organization, based in SALISBURY, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. Net investment income was $17K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

ChesterfieldCollege ParkNewarkPrincess Anne

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$505K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$1,103,180$1,195,620$852,931
Revenue$1,493,482$1,836,520$1,729,119
Expenses$1,433,619$1,620,208$1,434,999
Qualifying Distributions
Net Investment Income$16,722$5,904$1,683
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$247K$495K$742K$989K3 grants20203 grants20213 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

9 grants across all recorded years

3<$50K$50–100K3$100–250K1$250–500K2$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from Maryland Soybean Board

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOSHUA APPENZELLERCHAIRMAN
EDDIE BOYLEVICE CHAIRMAN
CURT LAMBERTSONTREASURER
RALPH STAMBAUGHDIRECTOR
DALE BROWNDIRECTOR
STEVE WALTERDIRECTOR
RANDY STABLERDIRECTOR
JASON SPICERDIRECTOR
EVAN STANLEYDIRECTOR
SHANE KINGDIRECTOR
TYLER RILLDIRECTOR

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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