Dairy Lab Services Inc
- Assets
- $12.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sigel, IL
- Founding
- 12/1999
- Data as of
- 12/2018
- EIN
- 37-0827175
Organization Overview
Dairy Lab Services Inc is located in Sigel, IL. The organization was established in 1999. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Dairy Lab Services Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2018, Dairy Lab Services Inc generated $78.2k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $76.1k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
SHELF LIFE OF MILK FOR CONSUMERS HAS INCREASED THROUGH EFFORTS LIKE OURS. THROUGH INDIVIDUAL COW SAMPLING AND TESTING THE QUALITY OF MILK SOLD BY MEMBERS HAS IMPORVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Hille President | 0 | $0 | |
Tim Wente Vice President | 0 | $0 | |
Brock Vonderheide Secretary | 0 | $0 | |
Gerald Vogt Treasurer | 1 | $1,200 | |
Roy Probst Director | 0 | $0 | |
Kevin Will Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $78,177 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,177 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,526 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,537 |
| Other expenses | $44,036 |
| Total expenses | $76,099 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,114 |
| Other assets | $0 |
| Total assets | $12,174 |
| Total liabilities | $518 |
| Net assets or fund balances | $11,656 |