Minnesota Dairy Herd Improvement Association
- Assets
- $4.0m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 75
- Location
- Buffalo, MN
- Founding
- 04/1951
- Data as of
- 11/2021
- EIN
- 23-7410630
Organization Overview
Minnesota Dairy Herd Improvement Association is located in Buffalo, MN. The organization was established in 1951. 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 11/2021, Minnesota Dairy Herd Improvement Association employed 75 individuals. This organization is a parent organization of 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 11/2021, Minnesota Dairy Herd Improvement Association generated $4.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $4.1m during the year ending 11/2021. While expenses have increased by 0.7% per year over the past 6 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
PROVIDE MANAGEMENT/PRODUCTION INFORMATION TO DAIRY FARMERS, INDUSTRY GROUPS AND OTHER ORGANIZATIONS IN THE UNITED STATES ALLOWING FOR INCREASED PRODUCTIVITY AND EFFICIENCIES IN RUNNING THEIR OPERATIONS..
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGEMENT AND PRODUCTION INFORMATION IS PROVIDED TO DAIRY FARMERS, INDUSTRY GROUPS AND OTHER ORGANIZATIONS IN THE UNITED STATES ALLOWING FOR INCREASED PRODUCTIVITY AND EFFICIENCIES IN RUNNING THEIR OPERATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Dokkenbakken CEO | Officer | 40 | $136,926 |
Dave Scapanski President | OfficerTrustee | 1 | $0 |
Peter Seitzer Vice-President | OfficerTrustee | 1 | $0 |
Holly Thompson Secret/treas. | OfficerTrustee | 1 | $0 |
Mark Bechtold Director | Trustee | 1 | $0 |
Pete Kasper Director | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,386,150 |
| Investment income | $20,711 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $130,713 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $67,478 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,605,052 |
| 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. | $136,962 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $1,649,061 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $123,479 |
| Other employee benefits | $162,318 |
| Payroll taxes | $137,012 |
| Fees for services: Management | $1,240 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,673 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $66,540 |
| Advertising and promotion | $26,135 |
| Office expenses | $577,579 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $81,203 |
| Travel | $304,579 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,700 |
| Interest | $0 |
| Payments to affiliates | $31,474 |
| Depreciation, depletion, and amortization | $229,040 |
| Insurance | $58,251 |
| All other expenses | $69,303 |
| Total functional expenses | $4,143,698 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,300 |
| Savings and temporary cash investments | $1,959,719 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $283,993 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $38,267 |
| Prepaid expenses and deferred charges | $32,463 |
| Net Land, buildings, and equipment | $951,609 |
| Investments—publicly traded securities | $520,114 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,813 |
| Total assets | $3,993,278 |
| Accounts payable and accrued expenses | $225,677 |
| 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 | $225,677 |
| Net assets without donor restrictions | $3,758,468 |
| Net assets with donor restrictions | $9,133 |
| 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 | $3,993,278 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Corn Growers Association Burnsville, MN | $3,976,064 | $6,629,781 |
Seed Savers Exchange Inc Decorah, IA | $8,340,832 | $6,859,116 |
Wisconsin Soybean Marketing Board Inc Madison, WI | $9,285,621 | $7,489,309 |
Agricultural Utilization Research Institute Crookston, MN | $5,866,335 | $5,389,230 |
Eat Greater Des Moines Des Moines, IA | $273,044 | $4,607,206 |
Minnesota Dairy Herd Improvement Association Buffalo, MN | $3,993,278 | $4,605,052 |
South Dakota Beef Industry Council Inc Pierre, SD | $1,193,198 | $4,031,431 |
Wisconsin Farm Bureau Federation Cooperative Madison, WI | $4,550,092 | $4,122,654 |
Midwest Organic Services Association Inc Viroqua, WI | $1,818,128 | $3,921,446 |
Practical Farmers Of Iowa Ames, IA | $3,629,239 | $3,884,964 |
Minnesota Farm Bureau Federation Eagan, MN | $5,972,821 | $4,797,144 |
United Food And Commercial Workers International Union Davenport, IA | $6,040,985 | $2,950,808 |