International Dairy Foods Association
- Assets
- $25.3m
- Revenue
- $12.9m
- Investments
- $0.0
- Employees
- 26
- Location
- Washington, DC
- Founding
- 05/1995
- Data as of
- 06/2023
- EIN
- 52-1696342
Organization Overview
International Dairy Foods Association is located in Washington, DC. The organization was established in 1995. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2023, International Dairy Foods Association employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Dairy Foods 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 06/2023, International Dairy Foods Association generated $12.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $12.1m during the year ending 06/2023. While expenses have increased by 3.5% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE INTERNATIONAL DAIRY FOODS ASSOCIATION (IDFA), WASHINGTON, D.C., REPRESENTS THE NATION'S DAIRY MANUFACTURING AND MARKETING INDUSTRY, WHICH SUPPORTS MORE THAN 3.3 MILLION JOBS THAT GENERATE $41.6 BILLION IN DIRECT WAGES AND $753 BILLION IN OVERALL ECONOMIC IMPACT. IDFA'S DIVERSE MEMBERSHIP RANGES FROM MULTINATIONAL ORGANIZATIONS TO SINGLE-PLANT COMPANIES, FROM DAIRY COMPANIES AND COOPERATIVES TO FOOD RETAILERS AND SUPPLIERS, ALL ON THE CUTTING EDGE OF INNOVATION AND SUSTAINABLE BUSINESS PRACTICES.IDFA MEMBERS REPRESENT APPROXIMATELY 90% OF THE MILK, CHEESE, ICE CREAM, YOGURT AND CULTURED PRODUCTS, AND DAIRY INGREDIENTS PRODUCED AND MARKETED IN THE UNITED STATES AND SOLD THROUGHOUT THE WORLD. OUR MEMBERS ARE PROUD TO PROVIDE DELICIOUS, SAFE AND NUTRITIOUS DAIRY FOODS TO PEOPLE OF ALL AGES, EVERYWHERE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IDFA'S STRATEGIC PILLARS - ADVOCACY, REGULATORY AND COMMUNICATIONS - WORK TOGETHER TO MAKE A POSITIVE DIFFERENCE FOR THE DAIRY INDUSTRY AND OUR CONSUMERS. DAY TO DAY, IDFA DEPLOYS A COMBINATION OF ISSUE ADVOCACY, EDUCATION AND TRAINING, AND NETWORK-BUILDING TO DELIVER VALUE TO OUR MEMBERS AND THE FULL DAIRY SUPPLY CHAIN. IDFA COORDINATES AND LEADS ISSUES-DRIVEN CAMPAIGNS AT THE FEDERAL AND STATE LEVELS TO IMPACT POLICY AND REGULATION; WE PROVIDE DATA AND ANALYSIS TO HELP DAIRY FOODS COMPANIES REMAIN COMPETITIVE AND INNOVATIVE IN A DYNAMIC BUSINESS CLIMATE; WE ORGANIZE AND HOST INDUSTRY CONFERENCES TO KEEP OUR MEMBERS UP TO DATE ON THE LATEST TRENDS IN THE INDUSTRY; AND WE PROVIDE ONGOING LEARNING AND TRAINING OPPORTUNITIES FOR DAIRY PROFESSIONALS. THOSE ARE JUST SOME OF THE WAYS IDFA IS MAKING A DIFFERENCE FOR DAIRY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Nelsen Treasurer | OfficerTrustee | 1 | $0 |
Patricia Stroup Vice Chair (through 1/21/23) | OfficerTrustee | 1 | $0 |
David Ahlem Chair (through 1/21/23) | OfficerTrustee | 1 | $0 |
Brian Phelan Secretary (through 1/21/23) | OfficerTrustee | 1 | $0 |
Terry Brockman Secretary (eff. 1/22/23) | OfficerTrustee | 1 | $0 |
Patricia Stroup Chair (eff 1/22/23) | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Graves Show Productions Audio Visual Services | 6/29/23 | $230,750 |
Heather Ann Soubra Consultant | 6/29/23 | $178,576 |
Endeabor Parent Llc Speaker - Dairy Forum | 6/29/23 | $150,000 |
Sidley Austin Llp Consultant | 6/29/23 | $150,000 |
Steptoe & Johnson Llp Consultant | 6/29/23 | $215,000 |
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 | $11,361,489 |
| Investment income | $461,680 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $698,810 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,919,990 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
| 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. | $1,856,102 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,001,897 |
| Pension plan accruals and contributions | $361,265 |
| Other employee benefits | $183,204 |
| Payroll taxes | $342,012 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $367,308 |
| Fees for services: Accounting | $59,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $60,427 |
| Fees for services: Other | $223,827 |
| Advertising and promotion | $298,415 |
| Office expenses | $14,998 |
| Information technology | $85,275 |
| Royalties | $0 |
| Occupancy | $606,196 |
| Travel | $181,000 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,694,184 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $107,166 |
| Insurance | $55,267 |
| All other expenses | $323,789 |
| Total functional expenses | $12,063,591 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,109,527 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,899 |
| 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 | $115,691 |
| Net Land, buildings, and equipment | $663,932 |
| Investments—publicly traded securities | $16,829,749 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,595,109 |
| Total assets | $25,331,907 |
| Accounts payable and accrued expenses | $1,688,743 |
| Grants payable | $0 |
| Deferred revenue | $4,911,847 |
| 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 | $6,529,176 |
| Total liabilities | $13,129,766 |
| Net assets without donor restrictions | $12,202,141 |
| 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 | $25,331,907 |