Overview
What is Minnesota Dairy Initiative-State?
Minnesota Dairy Initiative-State is a nonprofit organization situated in Cologne, Minnesota, specifically at 11360 HWY 212 SUITE 5. Their primary mission is to assist and support dairy farmers in Minnesota, both established and potential ones, through a collaborative approach. This involves providing on-farm education, resources, and networking opportunities to help these farmers succeed. Funding is allocated to seven regions across the state to promote this goal. With a team of ten dedicated individuals, Minnesota Dairy Initiative-State strives to enhance the dairy farming sector in Minnesota.
Official website here: www.mn-dairy-initiative.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Minnesota Dairy Initiative-State has received an 81% rating from Charity Navigator, indicating a strong performance in accountability and finance. This score is derived entirely from a single beacon score, which highlights the organization’s commitment to transparency and responsible financial practices. The rating reflects a positive assessment of their independent board structure, with all members being independent and effectively overseeing the organization's operations.
Strengths of the Minnesota Dairy Initiative-State include a solid program expense ratio of 81.75%, suggesting that a significant portion of their funding is directed toward their programs. They also maintain a clean record with no material diversion of assets and are compliant with various policies such as conflict of interest and whistleblower protections. The organization lists its website on its tax form, which adds to its transparency and accessibility.
While the organization excels in several areas of accountability, the overall score being based solely on the accountability and finance aspect may limit insights into the effectiveness of its programs or community impact. Nonetheless, their strong governance practices and financial responsibility position them as a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Minnesota Dairy Initiative-State legitimate?
Minnesota Dairy Initiative-State is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Dairy Initiative-State submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $278,738
For more financial information, click here
Official website here: www.mn-dairy-initiative.org/
What is the mission statement of Minnesota Dairy Initiative-State?
The Minnesota Dairy Initiative's mission is centered around assisting both established and prospective dairy farmers in achieving success. They accomplish this through a collaborative approach that involves on-farm education, providing necessary resources, and fostering networking opportunities. This initiative aims to deliver on-farm services in a comprehensive manner, ensuring the success of dairy farmers across various regions in Minnesota. Funding is allocated to promote this mission in seven distinct regions throughout the state.
Official website here: www.mn-dairy-initiative.org/
Who is the CEO of Minnesota Dairy Initiative-State?
Barry Visser is the Director of Minnesota Dairy Initiative-State.
Official website here: www.mn-dairy-initiative.org/
What is the revenue of Minnesota Dairy Initiative-State?
Minnesota Dairy Initiative-State's revenue in 2023 was $557,031.
Official website here: www.mn-dairy-initiative.org/
Who are the executives of Minnesota Dairy Initiative-State and what are their salaries?
The average compensation at Minnesota Dairy Initiative-State during 2023 was $27,874. There are 10 employees at Minnesota Dairy Initiative-State.
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Official website here: www.mn-dairy-initiative.org/
Where can I find the form 990 for Minnesota Dairy Initiative-State?
Minnesota Dairy Initiative-State's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mn-dairy-initiative.org/
Learn more at the official website: www.mn-dairy-initiative.org/
Mission Statement of Minnesota Dairy Initiative-State
The Minnesota Dairy Initiative-State, in its mission, strives to aid both established and prospective dairy farmers in achieving success through a collaborative approach. This is accomplished through on-farm education, the provision of resources, and fostering networking opportunities. By coordinating a comprehensive approach to delivering on-farm services, the initiative aims to support Minnesota's dairy farmers, with funding allocated to seven regions across the state to further promote its objectives.
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Impact
July, 2024
The impact of the Minnesota Dairy Initiative-State is seen in the increased success and sustainability of existing and potential dairy producers in Minnesota. Through team-based on-farm education, valuable resources, and networking opportunities, MDI empowers dairy farmers to improve their operations and profitability. By coordinating a comprehensive approach to delivering on-farm services, MDI contributes to the growth and development of the dairy industry in Minnesota.
This information is meant to be a general summary of Minnesota Dairy Initiative-State. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $557,031
Assets and Liabilities:
- Total Assets: $247,478
- Total Liabilities: $0
- Net Assets: $247,478
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Organization Details
Founding Year
2017
Principal Officer
Barry Visser
Main Address
11360 HWY 212 SUITE 5, COLOGNE, MN, 55322
Website
www.mn-dairy-initiative.org/NTEE Category
Code: K99 - Food
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