Maine Dairy Promotion Board
- Assets
- $343.2k
- Revenue
- $574.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Augusta, ME
- Founding
- 01/1998
- Data as of
- 12/2022
- EIN
- 01-0507505
Organization Overview
Maine Dairy Promotion Board is located in Augusta, ME. The organization was established in 1998. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Maine Dairy Promotion Board employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Dairy Promotion Board 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, Maine Dairy Promotion Board generated $574.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $549.8k during the year ending 12/2022. While expenses have increased by 0.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MAINE DAIRY PROMOTION BOARD IS A NON-PROFIT, USDA QUALIFIED, DAIRY CHECKOFF ORGANIZATION. MAINE DAIRY PROMOTION BOARD OPERATES ON BEHALF OF U.S. AND MAINE DAIRY FARMERS TO DRIVE AND INCREASE SALES OF AND DEMAND FOR U.S. DAIRY PRODUCTS AND INGREDIENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAINE DAIRY PROMOTION BOARD PROMOTES AND PROTECTS THE DAIRY INDUSTRY BY WORKING TO INCREASE DEMAND, CONSUMPTION AND SALES OF DAIRY PRODUCTS IN MAINE AND NATIONALLY, UTILIZING A MARKET-DRIVEN PLAN FOR THE MOST EFFECTIVE AND STRATEGIC ALLOCATION OF RESOURCES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Littlefield Executive Director | Officer | 40 | $74,786 |
Heath Miller Board Member | Trustee | 1 | $600 |
Ben Taylor Chair | OfficerTrustee | 5 | $0 |
Teresa Hardy Treasurer | OfficerTrustee | 5 | $0 |
Kathryn Fogler Board Member | Trustee | 1 | $0 |
Julie-Marie Bickford Board Member | Trustee | 1 | $0 |
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 | $135,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,200 |
| Total Program Service Revenue | $438,834 |
| Investment income | $133 |
| 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 | $574,167 |
| 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. | $37,393 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $80,231 |
| Pension plan accruals and contributions | $29,966 |
| Other employee benefits | $35,432 |
| Payroll taxes | $3,365 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $862 |
| Advertising and promotion | $16,770 |
| Office expenses | $425 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,372 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $166 |
| All other expenses | $1,460 |
| Total functional expenses | $549,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258,754 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $47,415 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $37,031 |
| Total assets | $343,200 |
| Accounts payable and accrued expenses | $5,228 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $50,293 |
| Total liabilities | $55,521 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $287,679 |
| 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 | $343,200 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Maine Dairy Promotion Board has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Pineland Farms Inc New Gloucester, ME PURPOSE: SPONSORSHIP | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maine Motor Transport Association Inc Augusta, ME | $8,785,601 | $5,668,651 |
Northeastern Lumber Mfrs Assoc Cumberland Center, ME | $1,382,567 | $2,317,379 |
New Hampshire Association Of Realtors Concord, NH | $4,491,328 | $2,021,289 |
Maine Peoples Alliance Portland, ME | $2,675,665 | $1,912,467 |
Portland Regional Chamber Portland, ME | $1,319,394 | $1,407,304 |
Maine Association Of Realtors Augusta, ME | $5,135,583 | $1,535,466 |
Waterville Valley Resort Association Inc Watervl Vly, NH | $405,665 | $871,090 |
Maine Dairy Promotion Board Augusta, ME | $343,200 | $574,167 |
New Hampshire Home Builders Association Concord, NH | $278,319 | $157,009 |
Granite State Dairy Promotion Inc Tilton, NH | $314,188 | $312,910 |
Maine People Before Politics Augusta, ME | $71,982 | $201,065 |
Maine Beer & Wine Wholesalers Assoc Inc Augusta, ME | $32,380 | $181,674 |