National Cheese Institute Inc
- Assets
- $3.1m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 11/1942
- Data as of
- 06/2018
- EIN
- 36-1521722
Organization Overview
National Cheese Institute Inc is located in Washington, DC. The organization was established in 1942. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. National Cheese Institute Inc 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 06/2018, National Cheese Institute Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $2.3m during the year ending 06/2018. While expenses have increased by 3.7% per year over the past 3 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE PROGRESS AND DEVELOPMENT OF THE CHEESE INDUSTRY;(2) TO DEVELOP PROGRAMS FOR MAINTAINING THE SAFETY AND IMPROVING THE QUALITY OF CHEESE PRODUCTS;(3) TO SECURE COOPERATION BETWEEN THE PRODUCERS, ASSEMBLERS, MANUFACTURERS, ANDDISTRIBUTORS OF CHEESE IN THE UNITED STATES IN LAWFULLY FURTHERING AND PROTECTING THE INTERESTS AND GENERAL WELFARE OF THE INDUSTRY;(4) TO AFFORD A MEANS OF COOPERATION WITH THE FEDERAL AND STATE GOVERNMENTS IN ALL MATTERS OF GENERAL CONCERN TO THE INDUSTRY;(5) TO PROMOTE AND FOSTER THE INCREASED USE OF CHEESE AND CHEESE PRODUCTS, BY PUBLICITY AND THE EDUCATION OF THE PUBLIC TO THE TRUE FOOD AN ECONOMIC VALUE OF CHEESE;(6) TO PROMOTE THE STUDY OF THE ARTS AND SCIENCES CONNECTED WITH THE CHEESE INDUSTRY;(7) TO ASSEMBLE AND DISSEMINATE EDUCATIONAL, STATISTICAL AND OTHER INFORMATION PERTINENT TO THE OBJECTS OF THE CORPORATION; AND,(8) TO PROVIDE A FORUM FOR THE ANALYSIS AND LAWFUL DISCUSSION OF ISSUES THAT ARE OF INTEREST AND CONCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICES INCLUDE KEEPING MEMBERS INFORMED OF INDUSTRY CHANGES AND CONCERNS; SECURING COOPERATION BETWEEN THE PRODUCERS, ASSEMBLERS, MANUFACTURERS, AND DISTRIBUTORS OF CHEESE IN THE U.S.; FURTHERING AND PROTECTING THE INTERESTS AND GENERAL WELFARE OF THE INDUSTRY; TO AFFORD A MEANS OF COOPERATION WITH THE FEDERAL AND STATE GOVERNMENTS IN ALL MATTERS OF GENERAL CONCERN TO THE INDUSTRY AND TO PROMOTE AND FOSTER THE INCREASED USE OF CHEESE AND CHEESE PRODUCTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Ahlem Chair | OfficerTrustee | 5 | $0 |
Terry Brockman Vice Chair | OfficerTrustee | 5 | $0 |
Tom Murphy Secretary | OfficerTrustee | 5 | $0 |
Dan Zagzebski Treasurer | OfficerTrustee | 5 | $0 |
George Cornell Advisory Committee | Trustee | 1 | $0 |
Louis P Gentine Advisory Committee | 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 | $2,209,175 |
| Investment income | $86,379 |
| 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 | $2,296,091 |
| 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. | $0 |
| 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 | $5,065 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $79,156 |
| Fees for services: Accounting | $17,670 |
| Fees for services: Lobbying | $125,735 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,109 |
| Fees for services: Other | $95,303 |
| Advertising and promotion | $4,105 |
| Office expenses | $11,552 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $121,331 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $103,972 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,143 |
| All other expenses | $9,717 |
| Total functional expenses | $2,284,236 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $37,711 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,013,484 |
| Total assets | $3,051,195 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $12,281 |
| 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 | $12,281 |
| Unrestricted restricted net Assets | $3,038,914 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $3,038,914 |