National Dairy Herd Improvement Association Inc
- Assets
- $623.3k
- Revenue
- $543.7k
- Investments
- $389.0k
- Employees
- 0
- Location
- Verona, WI
- Founding
- 03/1969
- Data as of
- 12/2022
- EIN
- 23-7002009
Organization Overview
National Dairy Herd Improvement Association Inc is located in Verona, WI. The organization was established in 1969. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Dairy Herd Improvement Association Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, National Dairy Herd Improvement Association Inc generated $543.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $537.4k during the year ending 12/2022. While expenses have increased by 3.6% 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
SERVE THE DHI SYSTEM AND THE DAIRY INDUSTRY IN ADVANCING DAIRY INFORMATION SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISH AND MAINTAIN COMMUNICATION CHANNELS WITH MEMBERS AND OTHER ENTITIES THAT HAVE ACCESS AND USE OF DHI DAIRY DATA. THIS HELPS TO ENHANCE THE EFFECTIVENESS OF PARTICIPATION IN DHI PROGRAMS AND A LARGER UNIFIED EFFORT PUT FORWARD BY NDHIA MEMBERS AND THEIR DAIRY HERDS. SERVE AS A COMMUNICATION HUB FOR TECHNICAL DATA TO NDHIA MEMBERS. SOLVE TECHNICAL ISSUES RELATED TO DAIRY DATA FOR THE BENEFIT OF NDHIA MEMBERS AND ALLIED DAIRY INDUSTRY COOPERATORS.
ADMINISTER THE QUALITY CERTIFICATION PROGRAM FOR THE COLLECTION, ANALYSIS AND TOOLS FOR THE DELIVERY TO DAIRY HERDS TO USE THE DATA AND INFORMATION. DAIRY INDUSTRY COLLABORATORS DEPEND ON THE QUALITY AND CREDIBILITY OF THIS DATA AND INFORMATION THROUGHOUT THE DAIRY INDUSTRY.
FACILITATE MEETINGS, WORKSHOPS AND SEMINARS TO BENEFIT MEMBER ORGANIZATIONS, ALLIED INDUSTRY COOPERATORS, MANAGEMENT STAFF AND FARMERS. THESE ACTIVITIES ALLOW NATIONAL DHIA TO CONDUCT THE REQUIRED ANNUAL BUSINESS MEETING, OTHER WORKSHOPS AND SEMINAR OUTREACH ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Chester President | OfficerTrustee | 2 | $4,950 |
Kevin Haase Vice President | OfficerTrustee | 2 | $0 |
Susan Lee Secretary | OfficerTrustee | 2 | $1,800 |
Dave Scapanski Treasurer | OfficerTrustee | 2 | $2,800 |
Robert Mckaig Director | Trustee | 2 | $2,200 |
Daniel Noldof Director | Trustee | 2 | $2,400 |
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 | $17,030 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,030 |
| Total Program Service Revenue | $520,651 |
| Investment income | $319 |
| 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 | $543,673 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $12,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $16,550 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $213,930 |
| Fees for services: Legal | $17,492 |
| Fees for services: Accounting | $4,090 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,077 |
| Advertising and promotion | $14,050 |
| Office expenses | $14,433 |
| Information technology | $1,316 |
| Royalties | $0 |
| Occupancy | $24,025 |
| Travel | $95,497 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $61,047 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $433 |
| Insurance | $7,349 |
| All other expenses | $883 |
| Total functional expenses | $537,446 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,133 |
| Savings and temporary cash investments | $46,419 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $71,852 |
| 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 | $10,880 |
| Net Land, buildings, and equipment | $574 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $388,996 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,442 |
| Total assets | $623,296 |
| Accounts payable and accrued expenses | $5,545 |
| 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 | $0 |
| Total liabilities | $5,545 |
| Net assets without donor restrictions | $579,114 |
| Net assets with donor restrictions | $38,637 |
| 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 | $623,296 |