Minnesota Milk Producers Association
- Assets
- $490.0k
- Revenue
- $536.6k
- Investments
- $0.0
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 01/2007
- Data as of
- 09/2021
- EIN
- 41-1469481
Organization Overview
Minnesota Milk Producers Association is located in St Paul, MN. The organization was established in 2007. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, 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. Minnesota Milk Producers Association 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 09/2021, Minnesota Milk Producers Association generated $536.6k 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 (7.7%) each year. All expenses for the organization totaled $455.9k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (9.4%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE PUBLIC THE VIEWS AND OBJECTIVES OF WHOLESALE MILK OR PRODUCER PRICING AND/OR PERTAIN TO MILK PRODUCERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND EVENTS - PROVIDING EDUCATIONAL EVENTS, RESEARCH AND GATHERING TO ENHANCE DAIRY FARMS
LEGISLATIVE, JUDICIAL AND REGULATORY ADVOCACY - ADVOCATING ON BEHALF OF MN DAIRY FARMS
MEMBERSHIP RECRUITMENT AND BENEFITS - PROVIDING MEMBERSHIP BENEFITS AND SCHOLARSHIPS TO MINNESOTA DAIRY FARMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Buck President | OfficerTrustee | 8 | $4,400 |
Shelly Depestel President | OfficerTrustee | 8 | $4,350 |
Garrett Luthens Vice Preside | OfficerTrustee | 4 | $2,975 |
Sadie Frericks Director | Trustee | 2 | $2,600 |
Bob Dombeck Secretary | OfficerTrustee | 3 | $2,400 |
Rick Smith Treasurer | OfficerTrustee | 3 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $485,423 |
| 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 | $485,423 |
| Total Program Service Revenue | $49,721 |
| Investment income | $1,409 |
| 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 | $536,553 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $22,675 |
| Compensation of current officers, directors, key employees. | $5,116 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $271,650 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,403 |
| Fees for services: Lobbying | $42,101 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,875 |
| Advertising and promotion | $0 |
| Office expenses | $524 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,085 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,381 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,609 |
| All other expenses | $11,929 |
| Total functional expenses | $455,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $316,851 |
| Savings and temporary cash investments | $166,396 |
| 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 | $6,656 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $129 |
| Total assets | $490,032 |
| Accounts payable and accrued expenses | $87,990 |
| Grants payable | $0 |
| Deferred revenue | $20,150 |
| 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 | $108,140 |
| Net assets without donor restrictions | $365,408 |
| Net assets with donor restrictions | $16,484 |
| 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 | $490,032 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Minnesota Milk Producers Association has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Minnesota Corn Growers Association Burnsville, MN PURPOSE: Education & Awareness | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Academy Of Neurology Minneapolis, MN | $40,490,110 | $44,720,544 |
Greater Minneapolis Convention & Visitors Association Minneapolis, MN | $9,011,213 | $11,529,520 |
Exemplar Global Inc Milwaukee, WI | $1,712,970 | $3,279,996 |
Yankton Thrive Inc Yankton, SD | $4,530,814 | $1,616,302 |
Lgbtq Real Estate Alliance Saint Paul, MN | $180,486 | $897,536 |
Minnesota Exploration Association Inc Duluth, MN | $252,703 | $417,376 |
Council Bluffs Convention And Visitors Bureau Council Bluffs, IA | $1,064,909 | $754,066 |
Minnesota Thoroughbred Association Inc Shakopee, MN | $30,505 | $523,741 |
Minnesota Milk Producers Association St Paul, MN | $490,032 | $536,553 |
Bctgm Local Union 167g Grand Forks, ND | $425,609 | $389,085 |
Federation Of Iowa Insurers Des Moines, IA | $466,519 | $394,695 |
Dakota Territory Gun Collectors Association Inc Sioux Falls, SD | $292,018 | $464,684 |