Dairy Center for Strategic Innovation and Collaboration

EIN: 263918900 Community Improvement

ROSEMONT, IL

Total Revenue
$1,475,125
Total Expenses
$1,231,780
Total Assets
$593,034
Net Assets
$476,792
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
DC
Phone
8478032000
Tax Period
2023-01-01 to 2023-12-31

Dairy Center for Strategic Innovation and Collaboration, founded in 2009, is a community nonprofit in the Community Improvement sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 60% from the prior year, signaling strong growth momentum. The organization ran a surplus of $243K, a strong 16% operating margin.

Mission

THE INNOVATION CENTER FOR U.S. DAIRY WAS ORGANIZED FOR THE PURPOSE OF FOSTERING HARMONY, COOPERATION, AND INNOVATION THROUGH A PRE-COMPETITIVE COLLABORATIVE FORUM OF THE DAIRY INDUSTRY.

Program Service Accomplishments

Program 1

THE INNOVATION CENTER FOR U.S. DAIRY IN COORDINATION WITH OTHER DAIRY INDUSTRY ORGANIZATIONS ASSISTED IN THE FUNDRAISING FOR AND FACILITATION OF SUSTAINABILITY GOALS TO DRIVE A MORE SUSTAINABLE...

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THE INNOVATION CENTER FOR U.S. DAIRY IN COORDINATION WITH OTHER DAIRY INDUSTRY ORGANIZATIONS ASSISTED IN THE FUNDRAISING FOR AND FACILITATION OF SUSTAINABILITY GOALS TO DRIVE A MORE SUSTAINABLE FUTURE FOR AGRICULTURE. THE INNOVATION CENTER FOR US DAIRY HAS A GOAL TO ADVANCE A SHARED SOCIAL RESPONSIBILITY PLATFORM AND DEMONSTRATE U.S. DAIRY'S COLLECTIVE COMMITMENT TO PROVIDE THE WORLD RESPONSIBLY PRODUCED DAIRY FOODS THAT NOURISH PEOPLE, STRENGTHEN COMMUNITIES AND FOSTER A SUSTAINABLE FUTURE.

Program 2

INNOVATION CENTER FOR US DAIRY FOOD SAFETY COMMITTEE - THE GOAL OF THIS GROUP IS TO IDENTIFY, DOCUMENT, AND BROADLY DISTRIBUTE BEST PRACTICES IN DAIRY MANUFACTURING TO ENSURE THE SAFETY OF CONSUMERS...

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INNOVATION CENTER FOR US DAIRY FOOD SAFETY COMMITTEE - THE GOAL OF THIS GROUP IS TO IDENTIFY, DOCUMENT, AND BROADLY DISTRIBUTE BEST PRACTICES IN DAIRY MANUFACTURING TO ENSURE THE SAFETY OF CONSUMERS BY REDUCING PATHOGEN RISKS IN DAIRY PRODUCTS. THIS GROUP IS MADE UP OF THE LEADERSHIP AND SUBJECT MATTER EXPERTS FROM DAIRY PROCESSORS, OWNERS OF SMALL DAIRY PROCESSORS, ACADEMIA, AND EXTENSION PROFESSIONALS WHO VOLUNTEER THEIR TIME AND SHARE THEIR KNOWLEDGE. OUR STATED MISSION IS TO "STRENGTHEN MANUFACTURING PRACTICES IN ALL DAIRY PROCESSING FACILITIES AND ADVANCE SCIENCE-BASED TOOLS TO DIMINISH FOOD SAFETY RISKS THAT COULD COMPROMISE THE REPUTATION OF THE U.S. DAIRY INDUSTRY".

Program 3

THE INNOVATION CENTER FOR U.S. DAIRY'S FUNDRAISING AND ADMINISTRATIVE OPERATIONS SUPPORTED THE INNOVATION CENTER.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $994,724
Program Service Revenue $472,603
Investment Income $7,798
Other Revenue $0
TOTAL REVENUE $1,475,125

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $1,231,780
TOTAL EXPENSES $1,231,780

Year-over-Year Comparison

2023 2022 Change
Revenue $1,475,125 $921,989 +0.6%
Expenses $1,231,780 $935,777 +0.3%
Net Income $243,345 $-13,788 -18.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
32
Independent Members
28
Employees
N/A
Volunteers
25

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$1,241,615
Total Directors
35
$1,384,834
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A PRESIDENT AND CEO 1.0
Officer Director
$0 $57,459 $717,359
N/A SECRETARY 1.0
Officer Director
$0 $0 $0
N/A VICE CHAIR 1.0
Officer Director
$0 $0 $0
N/A TREASURER 1.0
Officer Director
$0 $0 $0
N/A CHAIR 1.0
Officer Director
$0 $0 $0
N/A CHAIR THROUGH 1/23 1.0
Officer Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $4,800
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR THROUGH 12/23 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $51,803 $565,375
N/A DIRECTOR THROUGH 6/23 1.0
Director
$0 $0 $2,800
N/A DIRECTOR 1.0
Director
$0 $0 $59,000
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $35,500
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A CFO 1.0
Officer
$0 $70,199 $524,256
N/A FORMER CEO 0.0
$0 $0 $425,012
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,475,125 $1,231,780 $593,034 $243,345
2022 $921,989 $935,777 $659,197 $-13,788
2021 $532,143 $564,679 $608,432 $-32,536
2020 $294,100 $168,065 $281,387 $126,035
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