2021-01-11T09:29:30-06:00 2020-09-30 351178661 BLUE & CO LLC 12800 N MERIDIAN ST STE 400 CARMEL IN 46032 990 2019-10-01 453723947 SOY AQUACULTURE ALLIANCE INC SOYA 3173473620 8425 KEYSTONE CROSSING NO 200 INDIANAPOLIS IN 462404323 CHANTEL RAMMEL CHIEF OPERATING OFFICER 3176442850 2020-12-10 1 BRIDGETTE MUGGE P00671418 3178488920 2020-12-10 2019 2022-09-23 18:48:47Z KENLON JOHANNES 8425 KEYSTONE CROSSING NO 200 INDIANAPOLIS IN 462404323 500672 0 X WWW.SOYAQUAALLIANCE.COM X 2011 IN TO INCREASE SOYBEAN DEMAND, TO CONDUCT PROMOTION, RESEARCH, PRODUCER EDUCATION, INDUSTRY INFORMATION PROGRAMS AND MARKET DEVELOPMENT ACTIVITIES IN RELATION TO THE USE OF SOYBEANS AND SOY PRODUCTS IN AQUACULTURE, TO SUPPORT THE DEVELOPMENT OF SOY-BASED AQUAFEEDS, AND TO TRANSACT ANY AND ALL LAWFUL BUSINESS FOR WHICH CORPORATIONS MAY BE INCORPORATED UNDER THE ACT, PROVIDED SUCH BUSINESS IS NOT INCONSISTENT WITH THE CORPORATION BEING ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. 12 12 0 13 0 0 330000 292500 180529 207057 3832 1115 0 0 514361 500672 0 0 0 0 0 0 0 0 0 493744 431976 493744 431976 20617 68696 373357 314344 140697 12988 232660 301356 X TO INCREASE SOYBEAN DEMAND, TO CONDUCT PROMOTION, RESEARCH, PRODUCER EDUCATION, INDUSTRY INFORMATION PROGRAMS AND MARKET DEVELOPMENT ACTIVITIES IN RELATION TO THE USE OF SOYBEANS AND SOY PRODUCTS IN AQUACULTURE, TO SUPPORT THE DEVELOPMENT OF SOY-BASED AQUAFEEDS, AND TO TRANSACT ANY AND ALL LAWFUL BUSINESS FOR WHICH CORPORATIONS MAY BE INCORPORATED UNDER THE ACT, PROVIDED SUCH BUSINESS IS NOT INCONSISTENT WITH THE CORPORATION BEING ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. 0 0 AS DETAILED ABOVE, SAA'S PURPOSE IS FOCUSED ON INCREASING THE MARKET FOR SOYBEANS IN PARTICULAR, SAA WILL FOCUS ON SOY-BASED AQUACULTURE FEEDS. THE DEVELOPMENT OF SOY-BASED AQUAFEEDS IS CRITICAL FOR THE FUTURE OF FOOD SOURCES, SPECIFICALLY WITH RESPECT TO FISH AS A FOOD SOURCE. WILD-CAUGHT FISHERIES CANNOT SUSTAIN THE INCREASING PRESSURE OF GLOBAL SEAFOOD DEMANDS BY 2030; AN ADDITIONAL 50 MILLION TONS OF FISH PER YEAR WILL BE NEEDED TO MAINTAIN CURRENT LEVELS OF SEAFOOD CONSUMPTION. WILD FISH CAPTURE REACHED ITS MAXIMUM VOLUME CAP IN THE MID-1980S AND CANNOT GROW TO MEET THIS INCREASED DEMAND. RESPONSIBLE FISH FARMING IS THE ONLY WAY TO BRIDGE THE GAP BETWEEN THE WILD SUPPLY SHORTFALL, CRITICAL CONSUMER DEMAND, AND HEALTH NEEDS. INCREASING THE AVAILABILITY OF SOY-FED, FARM-RAISED FISH CAN HELP FULFILL THIS GROWING NEED WHILE CONSERVING NATURAL RESOURCES SOYBEANS ARE ONE OF THE WORLD'S BEST NON-FISH SOURCES OF ESSENTIAL OMEGA-3 FATTY ACIDS, HEALTHY PROTEINS, AND UNSATURATED FATS. HIGH-QUALITY SOY PROTEIN IS FED TO FARMED FISH AND SHELLFISH, TO SUPPORT THEIR GROWTH AND HEALTHY DEVELOPMENT. SOYBEAN MEAL, SOY PROTEIN CONCENTRATES, AND SOYBEAN OIL, CAN REPLACE FROM ONE THIRD TO ONE HUNDRED PERCENT OF THE FISHMEAL IN FEEDS FOR MANY FARMED SPECIES, REDUCING THE NEED FOR WILD-CAUGHT FISH FOR FISHMEAL. MOREOVER, SOYBEAN MEAL COSTS SIGNIFICANTLY LESS THAN MOST ANIMAL MEALS, INCLUDING FISH MEAL. REDUCING FEED COST IS CRITICAL TO IMPROVING EFFICIENCY AND MAINTAINING SUSTAINABILITY IN AQUACULTURE OPERATIONS BECAUSE THE NUTRIENT REQUIREMENTS OF FARMED FISH AND SHELLFISH ARE SO COMPLEX, EACH FEED RATIO IS FORMULATED BASED ON THE INDIVIDUAL SPECIES' NEEDS. MOST FARM-RAISED FISH AND SHELLFISH CAN EASILY DIGEST SOYMEAL, WHICH HELPS THE FISH MORE EFFICIENTLY TRANSFORM INGESTED PROTEIN INTO BODY WEIGHT. SOYBEAN MEAL PROVIDES A CONSISTENT PRODUCT TO FISH FARMERS, WHICH IN TURN ALLOWS FARMERS TO SUPPLY CONSUMERS, CHEFS, AND OTHERS WITH FISH AND SHRIMP OF CONSISTENT QUALITY, SIZE, AND SUPPLY WHILE IN ITS FORMATIVE STAGES. ALL ACTIVITIES SAA UNDERTAKES WILL BE FOCUSED ON PROMOTING THE FEED-BASED AQUACULTURE INDUSTRY. THERE HAVE BEEN THREE SPECIFIC ACTIVITIES THAT SAA WILL FOCUS ON (1) RESEARCH AND DEVELOPMENT OF THE SOY-BASED AQUACULTURE INDUSTRY, (2) EDUCATION AND OUTREACH OF THE AQUACULTURE AND SEAFOOD INDUSTRY, AND (3) FOCUSING ON SAA'S AND THE SOY AQUACULTURE'S INFRASTRUCTURE RESEARCH AND DEVELOPMENT. WHILE THE SOY AQUACULTURE INDUSTRY HAS A VERY POSITIVE FUTURE AS A VIABLE AND SUSTAINABLE FOOD SOURCE, SIGNIFICANT DEVELOPMENT OF THE INDUSTRY IS REQUIRED. SAA WILL FOCUS ON THE DEVELOPMENT OF SOY-BASED AQUACULTURE AS A VIABLE FOOD SOURCE, UTILIZING GENETIC SELECTION TO DEVELOP A DOMESTICATED BROOD STOCK THAT THRIVES ON PLANT-BASED FEEDS A CENTRAL COMPONENT OF SAA'S PROGRAMS WILL FOCUS ON FUNDING RESEARCH. SAA WILL WORK WITH THE SOY AQUACULTURE INDUSTRY AS A WHOLE TO SUPPORT NEEDED RESEARCH. SAA DEVELOPED A PEER REVIEW PANEL TO SET RESEARCH PRIORITIES AND PROVIDE RECOMMENDATIONS TO THE SAA BOARD OF DIRECTORS REGARDING THE RESEARCH PROJECTS TO SUPPORT AND FUND. ALL RESEARCH PROJECTS SUPPORTED AND FUNDED BY SAA WILL BE DECIDED IN ACCORDANCE WITH SAA'S CONFLICT OF INTEREST POLICY ADDITIONALLY, ALL RESEARCH RESULTS WILL BE PUBLISHED ON A DATABASE THAT WILL BE PUBLICLY ACCESSIBLE THROUGH THE SAA WEBSITE, AND DEPENDING UPON THE NATURE OF THE RESEARCH, WILL BE PUBLISHED IN SCHOLARLY JOURNALS EDUCATION AND OUTREACH SAA WILL ALSO SERVE AS A FACILITATOR WITHIN THE AQUACULTURE AND SEAFOOD INDUSTRY TO HELP ENSURE ALL THE NECESSARY STAKEHOLDERS ARE COMMUNICATING AND INVOLVED IN FURTHERING THE INDUSTRY AS A WHOLE. SPECIFICALLY, SAA WILL HOST MEETINGS AND SPONSOR WORKSHOPS THAT WILL FOCUS ON BRINGING TOGETHER THE STAKEHOLDERS OF THE AQUACULTURE INDUSTRY, INCLUDING INVESTORS, PRODUCERS, AND GROWERS. THESE GATHERINGS WILL HELP ENSURE THAT THOSE INVOLVED IN THE INDUSTRY ARE COMMUNICATING AND DOING WHAT IS NECESSARY TO HELP ADVANCE THE INDUSTRY. IN ADDITION TO COMMUNICATION AND WORKSHOPS WITHIN THE AQUACULTURE INDUSTRY, SAA WILL FOCUS ON OUTREACH TO THE PUBLIC AS A WHOLE IN AN EFFORT TO PROMOTE THE SOY AQUACULTURE INDUSTRY SUCH ACTIVITIES ARE GEARED TOWARDS EDUCATING THE PUBLIC REGARDING THE BENEFITS OF SOY-BASED AQUACULTURE FEEDS, AND THE IMPACT THAT SUCH AN INDUSTRY CAN HAVE WITH RESPECT TO ASSISTING THE SUSTAINABILITY EFFORTS OF FISH AS A FOOD SOURCE. INFRASTRUCTURE IMPORTANTLY, SAA WILL ALSO DEVELOP INTERNAL METHODS TO TRACK THE SUCCESS OF ITS PROGRAMS AS WELL AS THE PROGRAMMING OF THE SOY-BASED AQUACULTURE INDUSTRY AS A WHOLE. SPECIFICALLY, SAA WILL CONDUCT SURVEYS TO MEASURE THE IMPACT OF ITS RESEARCH AND DEVELOPMENT PROGRAMS. THE PURPOSE OF SAA IS TO HELP ENSURE THE ADVANCEMENT OF THE SOY-BASED AQUACULTURE INDUSTRY. THIS TYPE OF TRACKING WILL HELP ENSURE THAT SAA'S PROGRAMMING IS EFFECTIVE, AND FURTHERMORE HELP EVALUATE THE MECHANISMS THAT WILL ASSIST IN MOVING THE SOY-BASED AQUACULTURE INDUSTRY FORWARD. 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 X 12 12 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 0 0 0 0 IN X ANNA MCCONNELL 3173473620 8425 KEYSTONE CROSSING 200 INDIANAPOLIS IN 462404323 X JERRY BAMBAUER CHAIR 4.00 X X 0 0 0 JOHN WRAY VICE CHAIR 3.00 X X 0 0 0 TOM ADAM TREASURER 3.00 X X 0 0 0 KEEVIN LEMENAGER SECRETARY 3.00 X X 0 0 0 KEVIN COX DIRECTOR 2.00 X 0 0 0 JASON FRERICHS DIRECTOR 2.00 X 0 0 0 EUGENE GOERING DIRECTOR 2.00 X 0 0 0 ALAN MOORE DIRECTOR 2.00 X 0 0 0 KENNETH MOORE DIRECTOR 2.00 X 0 0 0 TIM SCATES DIRECTOR 2.00 X 0 0 0 DAVIE STEPHENS DIRECTOR 2.00 X 0 0 0 CHUCK WHITE DIRECTOR 2.00 X 0 0 0 ANDY TAUER EXECUTIVE DIRECTOR (10/1/19 - 6/27/20) 30.00 X 0 0 0 KENLON JOHANNES EXECUTIVE DIRECTOR (6/27/20 - 9/30/20) 20.00 X 0 0 0 0 0 0 0 0 0 0 INDIANA SOYBEAN ALLIANCE INC 8425 KEYSTONE CROSSING SUITE 200 INDIANAPOLIS IN 46240 MANAGEMENT SERVICES 110300 1 292500 292500 CONSULTING REIMBURSEME 900099 207057 207057 207057 1115 1115 500672 207057 0 1115 110300 624 15269 39266 1242 25207 18036 5384 PROJECT COSTS 207057 SPONSORSHIPS 7890 DUES & SUB. 1701 431976 13027 11300 252425 298663 97063 4381 10842 373357 314344 140065 9282 632 3706 140697 12988 X 232660 301356 232660 301356 373357 314344 68696 0 X X 0 1 X 1 0 1 0 0 0 X 500672 0 500672 0 500672 431976 0 431976 0 431976 PART X, LINE 2: SAA IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE UNITED STATES INTERNAL REVENUE CODE AND SIMILAR STATE LAW. AS SUCH, SAA IS REQUIRED TO FILE FEDERAL FORM 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX AND A CORRESPONDING STATE RETURN, WHICH ARE INFORMATIONAL RETURNS ONLY. THESE INFORMATIONAL RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). MANAGEMENT IS REQUIRED TO EVALUATE TAX POSITIONS TAKEN BY SAA AND RECOGNIZE A TAX LIABILITY IF SAA HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY SAA, AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2020, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. SAA IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. FORM 990, PART VI, SECTION A, LINE 3 SOY AQUACULTURE ALLIANCE HAS A MANAGEMENT AGREEMENT WITH INDIANA SOYBEAN ALLIANCE INC, AN UNRELATED 501(C)(6) ORGANIZATION, TO MANAGE THE DAY-TO-DAY ACTIVITY OF SOY AQUACULTURE ALLIANCE. THE FORMER EXECUTIVE DIRECTOR OF SOY AQUACULTURE ALLIANCE WAS A W-2 EMPLOYEE OF INDIANA SOYBEAN ALLIANCE INC. THE CURRENT EXECUTIVE DIRECTOR WAS A VOLUNTEER DURING THE FISCAL YEAR. ALL MANAGEMENT DECISIONS ARE SUBJECT TO APPROVAL BY THE BOARD OF SOY AQUACULTURE ALLIANCE THERE ARE SHARED BOARD MEMBERS BETWEEN THE TWO ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION HAS THREE CLASSES OF MEMBERS CONSISTING OF CLASS A MEMBERS, CLASS B MEMBERS AND CLASS C MEMBERS. EACH CLASS A MEMBER IN GOOD STANDING SHALL BE ENTITLED TO ONE (1) VOTE, EXERCISABLE IN PERSON OR BY PROXY, ON EACH MATTER SUBMITTED BY THE BOARD OF DIRECTORS TO THE MEMBERSHIP FOR A VOTE OF THE MEMBERS. CLASS B AND CLASS C MEMBERS SHALL NOT HAVE VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A VOTING DIRECTORS SHALL BE APPOINTED TO THE BOARD OF DIRECTORS BY CLASS A MEMBERS. TIER 1. CLASS A MEMBERS MAY APPOINT TWO DIRECTORS. TIER 2. CLASS A MEMBERS MAY APPOINT ONE DIRECTOR. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS SHALL HIRE AN EXECUTIVE DIRECTOR FOR THE CORPORATION. UNDER SUCH TERMS AND CONDITIONS AS IT DEEMS PRUDENT, THE EXECUTIVE DIRECTOR SHALL MANAGE THE DAY-TO- DAY AFFAIRS OF THE CORPORATION AND PERFORM SUCH DUTIES AS CUSTOMARILY ATTEND THIS OFFICE OR ARE ASSIGNED BY THE BOARD. THE EXECUTIVE DIRECTOR SHALL BE RESPONSIBLE TO THE ENTIRE BOARD BUT SHALL REPORT DIRECTLY TO THE CHAIR. FORM 990, PART VI, SECTION B, LINE 11B THE 990 WILL BE PEPARED ANNUALLY BY THE EXTERNAL AUDIT FIRM RELYING ON MANAGEMENT DATA TO COMPLETE THE FILING. THE RETURN WILL BE REVIEWED BY THE EXECUTIVE DIRECTOR AND CONTRACTED MANAGEMENT BEFORE BEING PRESENTED TO THE BOARD FOR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ARE ASKED TO ABSTAIN FROM VOTING ON ANY MATTERS THAT MAY CAUSE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE CORPORATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE TREASURER AND THE BOARD ARE RESPONSIBLE FOR THE OVERVIEW OF THE EXTERNAL AUDIT.