Meat Institute
- Assets
- $15.6m
- Revenue
- $14.3m
- Investments
- $0.0
- Employees
- 3
- Location
- Arlington, VA
- Founding
- 08/2012
- Data as of
- 12/2023
- EIN
- 90-0811732
Organization Overview
Meat Institute is located in Arlington, VA. The organization was established in 2012. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Meat Institute employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meat Institute 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 12/2023, Meat Institute generated $14.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $13.8m during the year ending 12/2023. While expenses have increased by 4.9% 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.
Since 2017, Meat Institute has awarded 15 individual grants totaling $2,031,445. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGULATORY AND SCIENTIFIC AFFAIRS:THE REGULATORY AND SCIENTIFIC AFFAIRS (RSA) GROUP INTERACTS WITH A VARIETY OF REGULATORY AGENCIES, PRIMARILY FEDERAL, INCLUDING SEVERAL AGENCIES IN THE U.S. DEPARTMENT OF AGRICULTURE, THE ENVIRONMENTAL PROTECTION AGENCY, THE OCCUPATIONAL SAFETY AND HEALTH ADMINISTRATION, THE FOOD AND DRUG ADMINISTRATION, AND OTHERS. RSA PROVIDES TECHNICAL ASSISTANCE TO MEMBER COMPANIES ON REGULATORY ISSUES RELATED TO MEAT AND POULTRY INSPECTION, AS WELL AS COMPLIANCE WITH ENVIRONMENTAL RULES, WORKER SAFETY REGULATIONS, AMONG OTHERS.
PROTEIN PACT:PROTEIN PACT IS AN INITIATIVE TO HELP UNITE THE ANIMAL PROTEIN VALUE CHAIN TO CREATE AN AGGREGATED INDUSTRY DATA COLLECTION PLATFORM AND A LONG-TERM, COMPREHENSIVE COMMUNICATION PLAN TO MEASURE CONTINUOUS IMPROVEMENT OF THE ANIMAL PROTEIN INDUSTRY'S PROGRESS FOR THE PEOPLE, ANIMALS, AND CLIMATE OF TOMORROW. THE MEAT INSTITUTE AND ITS MEMBERS HAVE TAKEN PART IN DOMESTIC AND INTERNATIONAL EVENTS TO EMPHASIZE ANIMAL AGRICULTURE'S IMPORTANCE FOR HEALTHY PEOPLE, HEALTHY ANIMALS, AND A HEALTHY CLIMATE.
MEMBER SERVICES AND EVENT SPONSORSHIP:THIS DEPARTMENT IS RESPONSIBLE FOR OVERSEEING LOGISTICS, OPERATIONS, EDUCATIONAL CONTENT, AND MARKETING ASPECTS OF MEAT INSTITUTE AND MEAT FOUNDATION EDUCATIONAL PROGRAMS. THESE EVENTS INCLUDE THE INTERNATIONAL PRODUCTION AND PROCESSING EXPOSITION AND ANNUAL MEAT CONFERENCE. THIS DEPARTMENT ALSO OVERSEES THE CONTENT AND MARKETING OF A SERIES OF EDUCATIONAL CONFERENCES.
PUBLIC AFFAIRS AND LEGISLATIVE AFFAIRS:THIS GROUP ENGAGES IN COMMUNICATIONS WITH THE MEDIA, POLICY MAKERS, AND THE PUBLIC ON BEHALF OF MEAT INSTITUTE MEMBER COMPANIES. THIS DEPARTMENT ALSO ACTS AS THE MEAT AND POULTRY INDUSTRY'S REPRESENTATIVE ON CAPITOL HILL AND MANAGES THE MEAT INSTITUTE POLITICAL ACTION COMMITTEE (PAC).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Van Lannen Chairman | OfficerTrustee | 1 | $0 |
Eric Gustafson Vice-Chairman | OfficerTrustee | 1 | $0 |
Brad Mcdowell Immediate Past-Chairman | OfficerTrustee | 1 | $0 |
Peter Bozzo Secretary | OfficerTrustee | 1 | $0 |
James P Snee Treasurer | Trustee | 1 | $0 |
Jonathan M Amidei Member | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Groundswell Strategy Strategic Planning | 12/30/23 | $120,000 |
Red Flag Consulting Consulting - Comms For Protein Pact | 12/30/23 | $1,607,871 |
Daniel Solomon Consulting - Membership | 12/30/23 | $120,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $62,194 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,261,484 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,323,678 |
| Total Program Service Revenue | $12,682,483 |
| Investment income | $344,089 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,399 |
| Net Rental Income | -$11,801 |
| 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 | $14,339,848 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $319,134 |
| 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. | $1,876,235 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,456,035 |
| Pension plan accruals and contributions | $482,775 |
| Other employee benefits | $682,409 |
| Payroll taxes | $373,308 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $259,407 |
| Fees for services: Accounting | $36,160 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,113 |
| Fees for services: Other | $1,333,096 |
| Advertising and promotion | $0 |
| Office expenses | $208,026 |
| Information technology | $292,937 |
| Royalties | $0 |
| Occupancy | $732,684 |
| Travel | $411,093 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $565,092 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,291 |
| Insurance | $42,449 |
| All other expenses | $15,314 |
| Total functional expenses | $13,803,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,201,755 |
| Savings and temporary cash investments | $5,674,818 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $610,497 |
| 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 | $333,323 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,832,795 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,954,980 |
| Total assets | $15,608,168 |
| Accounts payable and accrued expenses | $1,867,856 |
| Grants payable | $0 |
| Deferred revenue | $2,819,790 |
| 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 | $3,994,253 |
| Total liabilities | $8,681,899 |
| Net assets without donor restrictions | $6,926,269 |
| 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 | $15,608,168 |
Grants Awarded
Over the last fiscal year, Meat Institute has awarded $319,134 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MEAT FOUNDATION PURPOSE: MI OH & STAFF TIME TO SUPPORT FOUNDATION | $289,134 |
FEEDING AMERICA PURPOSE: CONTRIBUTIONS TO PROVIDE MEALS TO FAMILIES IN NEED | $10,000 |
INSTITUTE FOR FEED EDUCATION & RESEARCH PURPOSE: SUPPORT CLEAR CENTER VIA IFEEDER (INSTITUTE FOR FEED EDUCTAION AND RESEARCH) | $20,000 |