Dairy Producers Of New Mexico
- Assets
- $629.1k
- Revenue
- $728.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Roswell, NM
- Founding
- 06/1994
- Data as of
- 12/2022
- EIN
- 85-0402404
Organization Overview
Dairy Producers Of New Mexico is located in Roswell, NM. The organization was established in 1994. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Dairy Producers Of New Mexico employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dairy Producers Of New Mexico is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Dairy Producers Of New Mexico generated $728.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $809.3k during the year ending 12/2022. While expenses have increased by 2.7% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUSTAIN AND ENHANCE THE EXISTING DAIRY INDUSTRY IN THE SOUTHWEST UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF RESEARCH AND EDUCATION REGARDING PRACTICE OF THE DAIRY INDUSTRY. CONVENTIONS AND MEETINGS ARE HELD PROVIDING INFORMATION TO THE DAIRYMEN AND THOSE IN RELATED INDUSTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kaye Whitefoot Deputy Exec Dir | Officer | 40 | $100,564 |
Beverly Idsinga Executive Direc | Officer | 40 | $86,200 |
Mike Tevelde Director | Trustee | 5 | $0 |
Roger Westra Director | Trustee | 5 | $0 |
Scott Edeal Director | Trustee | 5 | $0 |
Allen Squire Treasurer | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $607,783 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $37,373 |
| 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 | $645,156 |
| Total Program Service Revenue | $83,400 |
| Investment income | $791 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$803 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $728,544 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $186,764 |
| Compensation of current officers, directors, key employees. | $93,382 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,315 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $95,107 |
| Fees for services: Accounting | $3,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,148 |
| Advertising and promotion | $8,836 |
| Office expenses | $9,185 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,306 |
| Travel | $120,387 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $88,087 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,461 |
| Insurance | $40,200 |
| All other expenses | $47,121 |
| Total functional expenses | $809,252 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $457,252 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $72,568 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $59,784 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $39,529 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $629,133 |
| Accounts payable and accrued expenses | $0 |
| 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 | $53,514 |
| Total liabilities | $53,514 |
| Net assets without donor restrictions | $575,619 |
| 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 | $629,133 |