Iowa State Dairy Association
- Assets
- $333.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ankeny, IA
- Founding
- 06/2008
- Data as of
- 10/2023
- EIN
- 42-0987241
Organization Overview
Iowa State Dairy Association is located in Ankeny, IA. The organization was established in 2008. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa State Dairy 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 10/2023, Iowa State Dairy Association generated $168.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $148.5k during the year ending 10/2023. While expenses have increased by 6.2% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF IOWA DAIRY INDUSTRY.
Describe the Organization's Program Activity:
Part 3
FACILITATING, GROWING, AND PROMOTING THE IOWA DAIRY INDUSTRY. MAINTAIN AND ENHANCE THE DAIRY ASSOCIATION'S WEBSITE. WWW.IOWADAIRY.ORG
PROMOTE THE IOWA DAIRY INDUSTRY AT COUNTY AND STATE FAIRS. ADVANCE THE INDUSTRY THROUGH PROMOTION OF ENVIRONMENTAL, SAFETY AND NUTRITION EDUCATION AND AWARENESS. STABILIZE THE INDUSTRY THROUGH PROMOTION OF JOINT MARKETING BY PRODUCERS, MILK SUPPORT PRICING, AND PRODUCT STANDARDS.
ANIMAL HEALTH & WELFARE; ENCOURAGE AND SUPPORT THE SUCCESSFUL RESEARCH AND IMPLEMENTATION OF PROGRAMS WHICH RESULTS IN THE BENEFIT OF ANIMAL HEALTH, WELFARE, AND TREATMENT OF DAIRY LIVESTOCK DISEASES.
EDUCATION; DEVELOP AND CONDUCT VARIOUS EDUCATIONAL AND INDUSTRY APPROPRIATE INFORMATION FORUMS AND MEETINGS. DISSEMINATE INFORMATION THROUGH WEBSITE AND WRITING, EDITING, AND PUBLISHING OF A PERIODIC NEWSLETTER TO MEMBERS IN THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lee Maassen President | 1 | $0 | |
Robert Horst Vice President | 1 | $0 | |
Christina Zuiderveen Secretary | 1 | $0 | |
Doug Carroll Treasurer | 1 | $0 | |
Deb Wehde Director | 1 | $0 | |
Dale Humpal Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,000 |
| Total Program Service Revenue | $44,402 |
| Membership dues | $56,822 |
| Investment income | $35,204 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $168,428 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $82,033 |
| Occupancy, rent, utilities, and maintenance | $18,130 |
| Printing, publications, postage, and shipping | $11,449 |
| Other expenses | $26,892 |
| Total expenses | $148,477 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $297,940 |
| Other assets | $0 |
| Total assets | $333,677 |
| Total liabilities | $20,062 |
| Net assets or fund balances | $313,615 |