Public Charity

MARYLAND SOYBEAN BOARD

MARYLAND SOYBEAN BOARD is a Public Charity headquartered in SALISBURY, MD. Financial data from the 2024 filing: $1.5M revenue, $1.4M expenses, $1.1M total assets. 6 publicly reported grants to this organization, totaling roughly $153K, appear in IRS filings.

EIN: 521214909 SALISBURY, MD Latest filing: 2024
Total Revenue$1.5M
Total Expenses$1.4M
Total Assets$1.1M
Grant Records6
Funding Total$153K
Filing Years2020–2024

Mission

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.

Officers & Directors

TREASURER Curt Lambertson
DIRECTOR Dale Brown
VICE CHAIRMAN Eddie Boyle
DIRECTOR Evan Stanley
DIRECTOR Jason Spicer
CHAIRMAN Joshua Appenzeller

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$104,645 4 grants
RESEARCH
$47,938 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.5M $1.4M $1.1M
2023 $1.8M $1.6M $1.2M
2022 $1.7M $1.4M $853K
2021 $1.3M $1.0M $513K
2020 $845K $856K $272K

Between 2020 and 2024, reported annual revenue grew from $845K to $1.5M (+77%), with total assets most recently reported at $1.1M.

Interactive year-over-year charts and full filing details available with membership.

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