Wisconsin Cheese Makers Assn Inc
- Assets
- $5.9m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 10
- Location
- Madison, WI
- Founding
- 06/1941
- Data as of
- 06/2023
- EIN
- 39-0712619
Organization Overview
Wisconsin Cheese Makers Assn Inc is located in Madison, WI. The organization was established in 1941. According to its NTEE Classification (J01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Employment and related organizations. As of 06/2023, Wisconsin Cheese Makers Assn Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Cheese Makers Assn Inc 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 06/2023, Wisconsin Cheese Makers Assn Inc generated $3.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $2.7m during the year ending 06/2023. While expenses have increased by 5.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BE THE VOICE OF THE CHEESE INDUSTRY USING THE COLLECTIVE KNOWLEDGE & EXPERTISE OF ITS MEMBERS TO PROMOTE EXCELLENCE IN THE U.S. CHEESE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHEESE INDUSTRY CONFERENCES AND TRADE SHOWS HELD TO ALLOW MEMBERSEDUCATIONAL INSIGHT INTO PRODUCTS AND TECHNOLOGY.
CHEESE CONTEST - PROMOTES QUALITY CHEESE MANUFACTURING.
INDUSTRY EDUCATION AND RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Lagrander Director | Trustee | 1 | $0 |
Mike Sipple Second Vice President | OfficerTrustee | 1 | $0 |
Brian Baker Director | Trustee | 1 | $0 |
Bruce Workman Director | Trustee | 1 | $0 |
Chris Renard Secretary | OfficerTrustee | 1 | $0 |
Tim Omer President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $160,493 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $160,493 |
| Total Program Service Revenue | $2,683,655 |
| Investment income | $57,958 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $131,284 |
| Net Income from Fundraising Events | $133,559 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,166,949 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $19,619 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $311,143 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $728,971 |
| Pension plan accruals and contributions | $94,654 |
| Other employee benefits | $55,431 |
| Payroll taxes | $70,180 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,253 |
| Fees for services: Accounting | $40,420 |
| Fees for services: Lobbying | $903 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,186 |
| Office expenses | $49,797 |
| Information technology | $18,147 |
| Royalties | $0 |
| Occupancy | $71,002 |
| Travel | $51,194 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $665,040 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,833 |
| Insurance | $2,454 |
| All other expenses | $27,011 |
| Total functional expenses | $2,744,956 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $750 |
| Savings and temporary cash investments | $4,308,133 |
| Pledges and grants receivable | $123,959 |
| Accounts receivable, net | $140,549 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $272,896 |
| Net Land, buildings, and equipment | $47,591 |
| Investments—publicly traded securities | $374,342 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $38,408 |
| Other assets | $543,838 |
| Total assets | $5,850,466 |
| Accounts payable and accrued expenses | $253,077 |
| Grants payable | $108,708 |
| Deferred revenue | $2,023,089 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $549,240 |
| Total liabilities | $2,934,114 |
| Net assets without donor restrictions | $2,828,279 |
| Net assets with donor restrictions | $88,073 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,850,466 |