Monroe County Co-Op Dairy Herd Improvement Association
- Assets
- $136.8k
- Revenue
- $320.6k
- Investments
- $0.0
- Employees
- 6
- Location
- Sparta, WI
- Founding
- 03/1946
- Data as of
- 12/2022
- EIN
- 39-0808559
Organization Overview
Monroe County Co-Op Dairy Herd Improvement Association is located in Sparta, WI. The organization was established in 1946. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2022, Monroe County Co-Op Dairy Herd Improvement Association employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monroe County Co-Op 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 12/2022, Monroe County Co-Op Dairy Herd Improvement Association generated $320.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $325.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 8 years. 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
IMPROVEMENT OF DAIRY INDUSTRY THROUGH COOPERATIVELY TESTING CATTLE
Describe the Organization's Program Activity:
Part 3 - Line 4a
TESTING MILK PRODUCING CATTLE TO DETERMINE THE OPTIMAL FEEDING AND VETERINARY CARE NEEDED TO PRODUCE THE HIGHEST QUALITY MILK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Mitchell Manager | Officer | 40 | $51,880 |
Joe Hemmersbach Secretary | OfficerTrustee | 1 | $168 |
Brian Hall President | OfficerTrustee | 1 | $168 |
Mark Balsdon Vice President | OfficerTrustee | 1 | $138 |
Annette Tresher Treasurer | OfficerTrustee | 1 | $132 |
Chris Peterson Director | Trustee | 1 | $126 |
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 | $319,741 |
| Investment income | $839 |
| 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 | $320,594 |
| 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. | $52,698 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $67,586 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,291 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,151 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,945 |
| Office expenses | $1,078 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,598 |
| Travel | $22,043 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,427 |
| All other expenses | $3,771 |
| Total functional expenses | $325,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,876 |
| Savings and temporary cash investments | $85,928 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,634 |
| 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 | $420 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $4,917 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $136,775 |
| Accounts payable and accrued expenses | $12,600 |
| 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 | $17,162 |
| Total liabilities | $29,762 |
| Net assets without donor restrictions | $107,013 |
| 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 | $136,775 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Dairy Herd Improvement Sauk Centre, MN | $1,637,297 | $2,255,474 |
Minnesota Pork Board Mankato, MN | $1,571,929 | $2,086,789 |
Poultry Science Association Inc Champaign, IL | $10,190,905 | $2,116,910 |
Dairy Business Association Inc Green Bay, WI | $1,517,928 | $864,691 |
Midwest Poultry Federation Inc Buffalo, MN | $409,612 | $926,298 |
Brown Swiss Cattle Breeders Assn Of The U S A Inc Beloit, WI | $739,489 | $682,804 |
North Central Poultry Association Urbandale, IA | $1,244,126 | $668,035 |
Iowa Turkey Federation Inc Ames, IA | $546,913 | $495,294 |
National Mastitis Council Inc New Prague, MN | $567,258 | $389,260 |
National Dairy Herd Improvement Association Inc Verona, WI | $681,227 | $489,608 |
Katahdin Hair Sheep International Fowlerville, MI | $257,861 | $385,174 |
Michigan Cattlemens Association Okemos, MI | $143,005 | $348,824 |