Dairy Center For Strategic Innovation And Collaboration Inc

Organization Overview

Dairy Center For Strategic Innovation And Collaboration Inc, operating under the name Innovation Center For Us Dairy, is located in Rosemont, IL. The organization was established in 2009. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Innovation Center For Us Dairy 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, Innovation Center For Us Dairy generated $922.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.2% each year . All expenses for the organization totaled $935.8k during the year ending 12/2022. While expenses have increased by 32.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE INNOVATION CENTER FOR U.S. DAIRY WAS ORGANIZED FOR THE PURPOSE OF FOSTERING HARMONY, COOPERATION, AND INNOVATION THROUGH A PRE-COMPETITIVE COLLABORATIVE FORUM OF THE DAIRY INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE INNOVATION CENTER FOR U.S. DAIRY IN COORDINATION WITH OTHER DAIRY INDUSTRY ORGANIZATIONS ASSISTED IN THE FUNDRAISING FOR AND FACILITATION OF SUSTAINABILITY GOALS TO DRIVE A MORE SUSTAINABLE FUTURE FOR AGRICULTURE. THE INNOVATION CENTER FOR US DAIRY HAS A GOAL TO ADVANCE A SHARED SOCIAL RESPONSIBILITY PLATFORM AND DEMONSTRATE U.S. DAIRY'S COLLECTIVE COMMITMENT TO PROVIDE THE WORLD RESPONSIBLY PRODUCED DAIRY FOODS THAT NOURISH PEOPLE, STRENGTHEN COMMUNITIES AND FOSTER A SUSTAINABLE FUTURE.


THE INNOVATION CENTER FOR U.S. DAIRY'S FUNDRAISING AND ADMINISTRATIVE OPERATIONS SUPPORTED THE INNOVATION CENTER.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Treasurer
$0
Name Not Listed
Secretary
$0
Name Not Listed
Chair
$0
Name Not Listed
Vice Chair
$0
Name Not Listed
Director
$0
Name Not Listed
Director
$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$548,231
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$548,231
Total Program Service Revenue$371,929
Investment income $1,829
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 $921,989

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