Minnesota Dairy Herd Improvement Association
- Assets
- $44.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Buffalo, MN
- Founding
- 04/1951
- Data as of
- 12/2023
- EIN
- 41-0714164
Organization Overview
Minnesota Dairy Herd Improvement Association is located in Buffalo, MN. The organization was established in 1951. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2023, Minnesota Dairy Herd Improvement Association employed 4 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Minnesota Dairy Herd Improvement Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Minnesota Dairy Herd Improvement Association generated $155.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $163.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 6 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
MILK SAMPLING AND RECORDKEEPING FOR 31 DAIRY FARMERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Whiteaker President | 1 | $0 | |
Jeff Pagel Vice President | 0.25 | $0 | |
Adam Whiteaker Director | 0.5 | $0 | |
Andrew Gathje Director | 0.25 | $0 | |
Willie Dux Director | 0.25 | $0 | |
Tom Hurley Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $155,755 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $155,755 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $78,295 |
| Professional fees and other payments to independent contractors | $83,479 |
| Occupancy, rent, utilities, and maintenance | $1,413 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $163,187 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,093 |
| Other assets | $0 |
| Total assets | $44,610 |
| Total liabilities | $7,928 |
| Net assets or fund balances | $36,682 |