National Milk Producers Federation
- Assets
- $50.3m
- Revenue
- $56.7m
- Investments
- $62.0k
- Employees
- 34
- Location
- Arlington, VA
- Founding
- 07/1941
- Data as of
- 12/2022
- EIN
- 53-0115160
Organization Overview
National Milk Producers Federation is located in Arlington, VA. The organization was established in 1941. 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. As of 12/2022, National Milk Producers Federation employed 34 individuals. This organization is the central organization for a national or regional group of organizations. National Milk Producers Federation 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 12/2022, National Milk Producers Federation generated $56.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $29.0m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE MILK PRODUCTION CONDITIONS & MKTG METHODS; IMPROVE SAFETY AND QUALITY OF DAIRY PRODUCTS; AND PROMOTE AND PROTECT THE WELFARE OF DAIRY FARMERS & THE COOPERATIVES THEY OWN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COOPERATIVES WORKING TOGETHER (CWT) - THE CWT PROGRAM IS A VOLUNTARY, DAIRY PRODUCER FUNDED NATIONAL PROGRAM DEVELOPED TO BETTER ALIGN MILK SUPPLY WITH DEMAND BY OFFERING ASSISTANCE TO MEMBER CONTRIBUTORS EXPORTING DAIRY PRODUCTS TO OVERSEAS MARKETS.
PROGRAM SERVICES - PROVIDE CONSULTING SERVICES COVERING THE AREAS OF ECONOMIC RESEARCH, TRADE POLICY AND GOVERNMENT RELATIONS, INTERNATIONAL STANDARDS, ANIMAL HEALTH AND WELFARE AND ENVIRONMENTAL STEWARDSHIP.
LEGISLATIVE AND REGULATORY INITIATIVES - DEVELOP AND PROMOTE LEGISLATIVE AND REGULATORY INITIATIVES ON BEHALF OF THE DAIRY INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Second Vice Chairman | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Chairman | OfficerTrustee | 1 | $31,500 |
Name Not Listed First Vice Chairman | OfficerTrustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Newinsights Llc Consulting | 12/30/22 | $1,242,790 |
Filament Marketing Llc Consulting | 12/30/22 | $659,245 |
Fsns Cerification & Audit Llc Consulting | 12/30/22 | $413,227 |
Acer Consulting Consulting | 12/30/22 | $249,582 |
Husch Blackwell Strategies Llc Consulting | 12/30/22 | $182,308 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $55,167,486 |
| Investment income | $1,560,775 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $56,728,261 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,482,517 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,822,147 |
| Pension plan accruals and contributions | $395,492 |
| Other employee benefits | $515,432 |
| Payroll taxes | $265,770 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $52,721 |
| Fees for services: Accounting | $349,543 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,920,800 |
| Advertising and promotion | $0 |
| Office expenses | $472,413 |
| Information technology | $99,731 |
| Royalties | $0 |
| Occupancy | $392,878 |
| Travel | $485,657 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $617,367 |
| Interest | $3,292,006 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,856 |
| Insurance | $26,593 |
| All other expenses | $0 |
| Total functional expenses | $29,041,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $36,900,817 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,415,706 |
| 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 | $392,971 |
| Net Land, buildings, and equipment | $137,850 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $62,043 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,364,443 |
| Total assets | $50,273,830 |
| Accounts payable and accrued expenses | $1,789,224 |
| Grants payable | $0 |
| Deferred revenue | $205,868 |
| 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 | $74,897,022 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $15,533,133 |
| Total liabilities | $92,425,247 |
| Net assets without donor restrictions | -$42,291,407 |
| Net assets with donor restrictions | $139,990 |
| 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 | $50,273,830 |