Illinois Milk Producers Association
- Assets
- $38.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IL
- Founding
- 03/2001
- Data as of
- 09/2023
- EIN
- 37-6022481
Organization Overview
Illinois Milk Producers Association is located in Bloomington, IL. The organization was established in 2001. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Milk Producers Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2023, Illinois Milk Producers Association generated $79.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $83.7k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
DAIRY INDUSTRY OPPORTUNITY EXPLORATION - ASSIST DAIRY PRODUCERS LOOKING TO EXPLORE DAIRYING OPPORTUNITIES IN ILLINOIS. WORKS TO PROVIDE A BALANCED STORY TO THE MEDIA AND PUBLIC REGARDING EXPANSION OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kappy Koch Director | 1 | $0 | |
Bryan Henrichs Director | 1 | $0 | |
Kurtis Johnson Director | 1 | $0 | |
Mark Tuttle Director | 1 | $0 | |
Randy Langrehr Director | 1 | $0 | |
Don Mackinson President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $24,021 |
| Membership dues | $44,677 |
| Investment income | $487 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,850 |
| Total Revenue | $79,035 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,182 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,296 |
| Other expenses | $77,232 |
| Total expenses | $83,710 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,895 |
| Other assets | $0 |
| Total assets | $38,355 |
| Total liabilities | $6,000 |
| Net assets or fund balances | $32,355 |