Minnesota Dairy Herd Improvement Association
- Assets
- $11.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oak Park, MN
- Founding
- 07/1967
- Data as of
- 12/2023
- EIN
- 41-0731104
Organization Overview
Minnesota Dairy Herd Improvement Association is located in Oak Park, MN. The organization was established in 1967. 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 12/2023, Minnesota Dairy Herd Improvement Association generated $47.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $60.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FOR THE PURPOSE OF IMPROVING DAIRY FARM OPERATIONS, QUALITY AND QUANITY OF MILK
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Popp President | 1 | $50 | |
Troy Schreindl Vice President | 1 | $50 | |
Bernie Czech Secretary | 1 | $50 | |
Mitch Mehwerth Director | 1 | $50 | |
Cory Dahler Director | 1 | $0 | |
Shawn Bemboom Director | 1 | $50 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $47,357 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,357 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,444 |
| Professional fees and other payments to independent contractors | $24,192 |
| Occupancy, rent, utilities, and maintenance | $2,004 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $60,640 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,381 |
| Other assets | $0 |
| Total assets | $11,634 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,634 |