Minnesota Dairy Herd Improvement Association
- Assets
- $17.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Caledonia, MN
- Founding
- 04/1951
- Data as of
- 12/2021
- EIN
- 41-0706081
Organization Overview
Minnesota Dairy Herd Improvement Association is located in Caledonia, MN. The organization was established in 1951. 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 a subordinate organization within 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 12/2021, Minnesota Dairy Herd Improvement Association generated $106.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $94.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew M Frickson Dhia Supervisor | 30 | $19,733 | |
Ronald J Lange Dhia Supervisor | 30 | $4,903 | |
Gail Nelson Financial Secretary | 10 | $4,800 | |
Wayne Houdek President | 1 | $0 | |
Joe Welscher Vice President | 1 | $0 | |
Daniel Schroder Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $106,164 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $106,164 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,436 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $64,985 |
| Total expenses | $94,421 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,603 |
| Other assets | $0 |
| Total assets | $17,603 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,603 |
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 |
South Dakota Producers Council Sioux Falls, SD | $1,200,455 | $1,325,308 |
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 |
South Dakota Cattlemens Foundation De Smet, SD | $0 | $585,344 |
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 |
Monroe County Co-Op Dairy Herd Improvement Association Sparta, WI | $136,775 | $320,594 |