Dairy Max Inc
- Assets
- $14.4m
- Revenue
- $22.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Prairie, TX
- Founding
- 09/1997
- Data as of
- 12/2021
- EIN
- 74-1599311
Organization Overview
Dairy Max Inc is located in Grand Prairie, TX. The organization was established in 1997. 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. Dairy Max Inc 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 12/2021, Dairy Max Inc generated $22.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $21.1m during the year ending 12/2021. While expenses have increased by 7.9% 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.
Since 2014, Dairy Max Inc has awarded 20 individual grants totaling $2,192,990. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EXPAND MARKETS FOR DOMESTICALLY PRODUCED DAIRY PRODUCTS IN THE SOUTHWEST MARKETS OF CO, MT, AND WY THROUGH ITS PARTICIPATION IN THE NATIONWIDE UNIFIED GENERIC MARKETING PLAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL UNIFIED MARKETING PLAN DIRECT SUPPORT. DAIRY MAX PROVIDES FUNDING TO HELP SUPPORT THE NATIONAL UNIFIED MARKETING PLAN FOR PROMOTION AND RESEARCH OF GENERIC DAIRY PRODUCTS.
IMAGE AND INDUSTRY RELATIONS PROGRAMS TO SUPPORT THE NATIONAL AND REGIONAL GENERIC DAIRY PROMOTION PROGRAM.
CHILD NUTRITION AND FITNESS PROGRAMS, SUCH AS FUEL UP TO PLAY 60, DEDICATED TO ENHANCE THE HEALTH AND NUTRITION OF CHILDREN IN AND OUT OF SCHOOLS IN THE DAIRY MAX MARKET STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neil Hoff Director | Trustee | 1 | $12,882 |
Tim Bernhardt Director | Trustee | 1 | $11,450 |
Robert Brouwer 1st Vice Chair | OfficerTrustee | 1 | $9,950 |
Tom Woods Director | Trustee | 1 | $9,263 |
Foy Chapin Director | Trustee | 1 | $7,425 |
Eddie Schaap Director | Trustee | 1 | $7,250 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
United Dairy Industry Association Promotional Services | 12/30/21 | $7,247,028 |
Dairy Management Inc Management Services | 12/30/21 | $5,048,666 |
Balcom Agency Llc Public Relations | 12/30/21 | $3,240,840 |
Cultivate Agency Inc Public Relations | 12/30/21 | $531,567 |
Impact Bio Life Science Solutions Field Sales Rep | 12/30/21 | $470,137 |
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 | $22,114,256 |
| Investment income | $16,253 |
| 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 | $22,130,509 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $835,000 |
| 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. | $217,068 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,059,807 |
| Pension plan accruals and contributions | $386,427 |
| Other employee benefits | $695,448 |
| Payroll taxes | $297,994 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,909 |
| Fees for services: Accounting | $191,255 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $276,124 |
| Information technology | $349,191 |
| Royalties | $0 |
| Occupancy | $192,505 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $146,142 |
| Insurance | $48,118 |
| All other expenses | $340,373 |
| Total functional expenses | $21,126,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,490,944 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,963,903 |
| 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 | $458,217 |
| Net Land, buildings, and equipment | $1,453,200 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,366,264 |
| Accounts payable and accrued expenses | $1,341,340 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,341,340 |
| Net assets without donor restrictions | $13,024,924 |
| 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 | $14,366,264 |
Grants Awarded
Over the last fiscal year, Dairy Max Inc has awarded $835,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Rosemont, IL PURPOSE: PROGRAM SERVICE EXPENSES | $800,000 |
Denver, CO PURPOSE: Sponsor of Exhibit | $35,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Dairy Max Inc has recieved totaling $16,899,477.
| Awarding Organization | Amount |
|---|---|
Dairy Promotion Inc Kansas City, KS PURPOSE: ADVERTISING PROGRAM | $16,899,477 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dairy Max Inc Grand Prairie, TX | $14,366,264 | $22,130,509 |
Dallas Momentum Inc Dallas, TX | $990,867 | $3,018,552 |
Louisiana Mid-Continent Oil And Gas Association Baton Rouge, LA | $3,182,596 | $2,634,958 |
Texas Self Storage Association Inc Round Rock, TX | $3,415,091 | $2,201,126 |
Southwest Reined Cow Horse Association Dallas, TX | $217,151 | $1,477,047 |
Usfn North Richland Hills, TX | $531,218 | $1,148,309 |
Busacc Houston, TX | $857,585 | $679,258 |
Consumer Service Alliance Of Texas Austin, TX | $32,345 | $755,252 |
New Orleans Board Of Trade Limited New Orleans, LA | $3,252,081 | $843,994 |
Corporation Of The Sun Country Section Rio Rancho, NM | $709,582 | $854,745 |
Construction Law Foundation Of Texas Austin, TX | $1,216,218 | $702,891 |
International Boarding & Pet Services Association Las Cruces, NM | $68,067 | $499,700 |