American Dairy Products Institute

EIN: 360721770

Elmhurst, IL

Total Revenue
$3,481,590
Total Expenses
$3,642,733
Total Assets
$3,224,838
Net Assets
$2,705,105
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
IL
Principal Officer
Blake Anderson
Phone
6305308700
Tax Period
2023-01-01 to 2023-12-31

American Dairy Products Institute, founded in 1986, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

To promote the acceptance and utilization of dairy products both nationally and internationally, to maintain liason and represent the industry in dealings with the government agencies and regulatory bodies, to support technical and marketing research, and to assemble and disseminate statistics and other information about dairy products.

Program Service Accomplishments

Program 1
Expenses: $794,056

Dairy Protein Messaging

Program 2
Expenses: $0

Technical Committee

Program 3
Expenses: $0

Dairy Products Marketing Committee

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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 $1,655,711
Program Service Revenue $0
Investment Income $75,015
Other Revenue $1,750,864
TOTAL REVENUE $3,481,590

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,666,176
Fundraising Expenses $0
Program Expenses $1,932,673
Other Expenses $1,976,557
TOTAL EXPENSES $3,642,733

Year-over-Year Comparison

2023 2022 Change
Revenue $3,481,590 $3,146,354 +0.1%
Expenses $3,642,733 $2,759,715 +0.3%
Net Income $-161,143 $386,639 -1.4%
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
59
Independent Members
55
Employees
9
Volunteers
N/A

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
4
$0
Total Directors
59
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Blake Anderson CEO 55.0
Highest
$479,865 $53,748 $533,613
Doug Wilke Director 0.0
Director
$0 $0 $0
Mindy Berrey Chair/Executive Committee 0.0
Officer Director
$0 $0 $0
Paul Bauer Director 0.0
Director
$0 $0 $0
Richard Bradfield Director 0.0
Director
$0 $0 $0
Jason Wesenberg Director 0.0
Director
$0 $0 $0
Randy Robinson Director 0.0
Director
$0 $0 $0
Steven Cooper Director 0.0
Director
$0 $0 $0
John Tedford Director 0.0
Director
$0 $0 $0
Tom Murphy Director 0.0
Director
$0 $0 $0
Terry Brockman Director/Executive Committe 0.0
Director
$0 $0 $0
Yann Connan Director/Executive Committee 0.0
Director
$0 $0 $0
Francesca Elfner Director 0.0
Director
$0 $0 $0
David Lenzmeier Director/Executive Committee 0.0
Director
$0 $0 $0
Scott Meister Director 0.0
Director
$0 $0 $0
Gabriel Sevilla Director 0.0
Director
$0 $0 $0
Steve Patience Director 0.0
Director
$0 $0 $0
Chris Hoeger Director/Executive Committee 0.0
Director
$0 $0 $0
Jakob Madsen Pedersen Director 0.0
Director
$0 $0 $0
Kevin Thomson Director 0.0
Director
$0 $0 $0
Tom Berry Vice-Chair/Executive Committee 0.0
Officer Director
$0 $0 $0
Hoyt Huffman Director 0.0
Director
$0 $0 $0
Dan LaMarche Director/Executive Committee 0.0
Director
$0 $0 $0
Declan Roche Director/Executive Committee 0.0
Director
$0 $0 $0
Patti Smith Secretary/Executive Committee 0.0
Officer Director
$0 $0 $0
Bill Dickinson Director 0.0
Director
$0 $0 $0
Bob Huffman Director/Executive Committee 0.0
Director
$0 $0 $0
John Keith Director 0.0
Director
$0 $0 $0
Nancy Kraus Director 0.0
Director
$0 $0 $0
Jacob Schuelke Director 0.0
Director
$0 $0 $0
Manuel van Engelen Director 0.0
Director
$0 $0 $0
Glenn Wallace Director 0.0
Director
$0 $0 $0
Jim Camerlo Director/Executive Committee 0.0
Director
$0 $0 $0
Matthew Collins Director 0.0
Director
$0 $0 $0
Saeid Shokravi Director 0.0
Director
$0 $0 $0
Jeramy Fisher Director/Executive Committee 0.0
Director
$0 $0 $0
Rory McCarthy Director 0.0
Director
$0 $0 $0
Karteek Tirumalasetti Director 0.0
Director
$0 $0 $0
Joshua White Director/Executive Committee 0.0
Director
$0 $0 $0
Auke Zeilstra Director 0.0
Director
$0 $0 $0
Bill Schreiber Director/Executive Committee 0.0
Director
$0 $0 $0
Mike John Director 0.0
Director
$0 $0 $0
Kevin Quinn Treasurer/Executive Committee 0.0
Officer Director
$0 $0 $0
Jeff Campbell Director 0.0
Director
$0 $0 $0
Marina Crocker Director/Executive Committee 0.0
Director
$0 $0 $0
Rich Draper Director 0.0
Director
$0 $0 $0
Molly Costaris Director 0.0
Director
$0 $0 $0
Clay Gray Director 0.0
Director
$0 $0 $0
Matt Haddon Director 0.0
Director
$0 $0 $0
Seth Hancock Director 0.0
Director
$0 $0 $0
Jack Hoops Director 0.0
Director
$0 $0 $0
Dale Mills Jr Director/Executive Committee 0.0
Director
$0 $0 $0
Matt Mason Director 0.0
Director
$0 $0 $0
Stacy Nikolay Director/Executive Committee 0.0
Director
$0 $0 $0
James McVitty Director/Executive Committee 0.0
Director
$0 $0 $0
Grant Phillips Director 0.0
Director
$0 $0 $0
Rob Richter Director 0.0
Director
$0 $0 $0
Mark Silvas Director 0.0
Director
$0 $0 $0
Christine Van Asten Director/Executive Committee 0.0
Director
$0 $0 $0
Jeff Vandel Director 0.0
Director
$0 $0 $0
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 $3,481,590 $3,642,733 $3,224,838 $-161,143
2022 $3,146,354 $2,759,715 $3,368,026 $386,639
2021 $2,937,802 $2,612,000 $2,804,954 $325,802
2020 $2,433,225 $2,376,162 $2,446,585 $57,063
2019 $2,565,781 $2,335,306 $2,390,849 $230,475
2018 $2,139,229 $2,057,038 $2,143,788 $82,191
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