Holstein Friesian Association Of America
- Assets
- $42.9m
- Revenue
- $20.5m
- Investments
- $0.0
- Employees
- 104
- Location
- Brattleboro, VT
- Founding
- 08/1942
- Data as of
- 12/2021
- EIN
- 03-0130760
Organization Overview
Holstein Friesian Association Of America is located in Brattleboro, VT. The organization was established in 1942. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Holstein Friesian Association Of America employed 104 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holstein Friesian Association Of America is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Holstein Friesian Association Of America generated $20.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $18.5m during the year ending 12/2021. While expenses have increased by 0.0% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PERMANENT IDENTIFICATION OF PUREBRED HOLSTEIN DAIRY CATTLE; COLLECTION AND DISSEMINATION OF MILK PRODUCTION & PHYSICAL TRAIT DATA; AND BREEDER ASSISTANCE & EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERMANENT IDENTIFICATION OF PUREBRED HOLSTEIN DAIRY CATTLE, RECORDING OWNERSHIP TRANSACTIONS, MAINTAINING PROGENY RECORDS: IDENTIFIED 597,031 ANIMALS THROUGH REGISTRATION AND BASIC ID PROGRAMS AND RECORDED 76,600 OWNERSHIP TRANSFERS.
COLLECTION OF MILK PRODUCTION AND PHYSICAL TRAIT DATA, EVALUATION AND DISSEMINATION OF INFORMATION: 234,933 ANIMALS CLASSIFIED & EVALUATED; 4,771 HERDS PARTICIPATED IN DAIRY HERD IMPROVEMENT; 375,328 ANIMALS AND 3,200 HERDS PARTICIPATED IN THE TRISTAR PROGRAM; 101,092 PEDIGREES ISSUED; 4,690 COPIES OF THE SIRE SUMMARY ISSUED; PROCESSED DAIRY RECORDS AND RECORDED MILK PRODUCTION OF 1,031,523 ANIMALS FROM 480 HERDS.
BREEDER ASSISTANCE AND EDUCATION: 1,521 HERDS PARTICIPATED IN SIRE EVALUATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John M Meyer Executive Secretary/ceo | Officer | 40 | $300,901 |
Barbara M Casna Treasurer/cfo | Officer | 40 | $253,690 |
William Verboort General Manager | 40 | $144,963 | |
Aaron Bristol Director Of It | 40 | $141,872 | |
Jodi Hoynoski Executive Director | 40 | $130,991 | |
Lindsey Worden Executive Director | 40 | $123,693 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Eric Grant Grant Company Llc Professional Services | 12/30/21 | $362,014 |
Pacific Data Management Computer Programming | 12/30/21 | $236,421 |
Tech Action Services Llc Professional Services | 12/30/21 | $123,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $392,755 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $61,568 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $454,323 |
| Total Program Service Revenue | $15,974,210 |
| Investment income | $3,659,962 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $22,640 |
| Net Gain/Loss on Asset Sales | $342,967 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,454,102 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $189,861 |
| 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. | $1,331,314 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,243,900 |
| Pension plan accruals and contributions | $1,958,928 |
| Other employee benefits | $1,214,960 |
| Payroll taxes | $497,873 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $40,360 |
| Fees for services: Accounting | $60,141 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $105,786 |
| Fees for services: Other | $419,158 |
| Advertising and promotion | $386,465 |
| Office expenses | $686,091 |
| Information technology | $427,852 |
| Royalties | $0 |
| Occupancy | $301,684 |
| Travel | $1,037,656 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $91,218 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $414,302 |
| Insurance | $119,264 |
| All other expenses | $0 |
| Total functional expenses | $18,549,561 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $628,459 |
| Savings and temporary cash investments | $2,320,172 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,659,335 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $480,376 |
| Inventories for sale or use | $77,952 |
| Prepaid expenses and deferred charges | $482,258 |
| Net Land, buildings, and equipment | $5,047,931 |
| Investments—publicly traded securities | $31,191,613 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $42,888,096 |
| Accounts payable and accrued expenses | $672,662 |
| Grants payable | $0 |
| Deferred revenue | $2,338,855 |
| 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 | $1,640,555 |
| Other liabilities | $7,645,339 |
| Total liabilities | $12,297,411 |
| Net assets without donor restrictions | $30,590,685 |
| Net assets with donor restrictions | $0 |
| 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 | $42,888,096 |
Grants Awarded
Over the last fiscal year, Holstein Friesian Association Of America has awarded $189,861 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Davis, CA PURPOSE: RESEARCH GRANT | $75,932 |
Athens, GA PURPOSE: RESEARCH GRANT | $69,680 |
THE PENNSLVANIA STATE UNIVERSITY PURPOSE: RESEARCH GRANT | $44,249 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Holstein Friesian Association Of America has recieved totaling $13,051.
| Awarding Organization | Amount |
|---|---|
U S Livestock Genetics Export Inc Mount Horeb, WI PURPOSE: MARKET DEVELOPMENT | $13,051 |
Endowment Analysis
| Beg. Balance | $29,905,761 |
| Earnings | $2,710,033 |
| Other Expense | $1,481,084 |
| Ending Balance | $31,134,710 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dairy One Cooperative Inc Ithaca, NY | $10,249,154 | $25,724,887 |
Holstein Friesian Association Of America Brattleboro, VT | $42,888,096 | $20,454,102 |
The William H Miner Agricultural Research Institute Chazy, NY | $25,150,167 | $10,410,462 |
Grace Communications Foundation Inc New York, NY | $9,222,389 | $7,837,107 |
Attleboro Corporate Center Association Inc Attleboro, MA | $92,995 | $6,024,289 |
United Food And Commercial Workers International Union Dedham, MA | $6,169,904 | $6,230,011 |
Essex Agricultural Society Topsfield, MA | $13,692,899 | $6,659,006 |
New York Farm Bureau Albany, NY | $21,413,106 | $1,125,268 |
The Livestock Institute Of Southern New England Westport, MA | $6,774,804 | $2,810,112 |
Amber Waves Farm Inc Amagansett, NY | $1,245,153 | $2,731,640 |
Iron Workers Local Union No 60 Supl Benefit Pl And Tr Wel Fd Syracuse, NY | $14,348,614 | $4,106,071 |
New York State Wine And Culinary Center Inc Canandaigua, NY | $8,032,026 | $3,089,855 |