Global Dairy Platform Inc
- Assets
- $1.5m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 1
- Location
- Rosemont, IL
- Founding
- 10/2012
- Data as of
- 12/2021
- EIN
- 90-0768957
Organization Overview
Global Dairy Platform Inc is located in Rosemont, IL. The organization was established in 2012. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Global Dairy Platform 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, Global Dairy Platform Inc generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $4.4m during the year ending 12/2021. While expenses have increased by 8.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ALIGN AND SUPPORT THE INTERNATIONAL DAIRY INDUSTRY TO PROMOTE SUSTAINABLE DAIRY NUTRITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH - FACILITATED COLLABORATIVE RESEARCH ON DAIRY'S NUTRIENT RICHNESS BY INVESTIGATING, DEVELOPING AND FUNDING RESEARCH PROGRAMS TO HELP NUTRITIONAL POLICY MAKERS BETTER UNDERSTAND THE ROLE THAT DAIRY NUTRIENTS PLAY IN A HEALTHY AND ACTIVE LIFESTYLE.
COMMUNICATIONS - DEVELOPED A COLLABORATIVE PROGRAM ACROSS THE GLOBAL DAIRY SECTOR TO ENHANCE SHARING OF COMMON MESSAGING PLATFORMS AND STRATEGIES, TO ADDRESS BOTH PROMOTIONAL AND REACTIVE NEEDS OF GLOBAL DAIRY PLATFORM'S MEMBERS.
SUSTAINABILITY - WORKED WITH THE GLOBAL DAIRY SECTOR TO MANAGE A 'DAIRY SUSTAINABILITY FRAMEWORK' THAT HELPS UNIFY THE APPROACH BEING TAKEN BY DAIRY ORGANIZATIONS TO THE BROAD CHALLENGES OF SUSTAINABILITY FROM ENVIRONMENTAL, SOCIAL AND ECONOMIC PERSPECTIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Moore Executive Director | Officer | 40 | $547,841 |
Rick Smith Chair | OfficerTrustee | 1 | $0 |
Dr Margrethe Jonkman Deputy Chair | OfficerTrustee | 1 | $0 |
Hein Schumacher Chair | OfficerTrustee | 1 | $0 |
Quinton Baily CFO | Officer | 1 | $0 |
Miles Hurrell Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Land O Lakes Inc Promotion | 12/30/21 | $700,000 |
Emerging Ag U.n. Facilitation | 12/30/21 | $468,320 |
Ifcn Ag Consulting | 12/30/21 | $300,842 |
Dairy Management Inc Program & Admin Svcs | 12/30/21 | $820,962 |
Massey University Research | 12/30/21 | $375,000 |
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 | $4,055,364 |
| Investment income | $2,859 |
| 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 | $4,058,223 |
| 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. | $611,510 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $435,421 |
| Pension plan accruals and contributions | $74,440 |
| Other employee benefits | $77,808 |
| Payroll taxes | $48,026 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,877 |
| Fees for services: Accounting | $73,798 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,213 |
| Office expenses | $53,412 |
| Information technology | $32,795 |
| Royalties | $0 |
| Occupancy | $73,420 |
| Travel | $29,878 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $35,378 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,869 |
| Insurance | $6,074 |
| All other expenses | $0 |
| Total functional expenses | $4,430,510 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,316,275 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $96,438 |
| 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 | $44,112 |
| Net Land, buildings, and equipment | $17,123 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,473,948 |
| Accounts payable and accrued expenses | $430,179 |
| Grants payable | $0 |
| Deferred revenue | $171,316 |
| 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 | $601,495 |
| Net assets without donor restrictions | $208,942 |
| Net assets with donor restrictions | $663,511 |
| 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 | $1,473,948 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Global Dairy Platform Inc has recieved totaling $33,000.
| Awarding Organization | Amount |
|---|---|
Alliance For Potato Research And Education Denver, CO PURPOSE: Research Grant | $33,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |
Dane Buy Local Foundation Inc Madison, WI | $199,958 | $19,130,759 |
St John Building Corporation St Louis, MO | $229,726,241 | $17,258,959 |
Appraisal Institute Chicago, IL | $29,125,581 | $19,187,200 |
American Massage Therapy Assn Evanston, IL | $43,659,958 | $20,082,192 |
National Roofing Contractors Association Rosemont, IL | $27,483,299 | $17,802,756 |
National Biodiesel Board Jefferson City, MO | $12,011,947 | $15,134,555 |
American Marketing Association Inc Chicago, IL | $9,741,723 | $15,191,106 |
Alliance For Audited Media Lisle, IL | $17,794,762 | $11,739,341 |
American Society Of Safety Professionals Park Ridge, IL | $23,941,077 | $16,437,200 |
Board Of Certified Safety Professionals Of The Americas Inc Indianapolis, IN | $35,079,358 | $17,695,377 |
Prestressed Concrete Institute Chicago, IL | $8,854,978 | $13,790,264 |