Civic Intelligence

Dairy Management Inc

990 • Fiscal year 2015 • EIN 36-3992031

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 25, 2016

Refreshing map…

10255 W Higgins Road SUITE 900Rosemont, IL 60018

(847) 803-2000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

1.00x

Higher debt load relative to assets than 94% of similar nonprofits.

2015 filings • $100M-$250M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.15x

Higher debt load relative to revenue than 25% of similar nonprofits.

2015 filings • $100M-$250M nonprofits • Source year 2015

Net Margin

30th percentile

0.0%

Higher net margin than 30% of similar nonprofits.

2015 filings • $100M-$250M nonprofits • Source year 2015

Top Officer Pay

94th percentile

$1,902,080

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2015 filings • $100M-$250M nonprofits • Source year 2015

Asset Growth

93rd percentile

29%

Faster asset growth than 93% of similar nonprofits.

2015 filings • $100M-$250M nonprofits • Annualized from 2014 to 2015

Revenue Growth

46th percentile

2.2%

Faster revenue growth than 46% of similar nonprofits.

2015 filings • $100M-$250M nonprofits • Annualized from 2014 to 2015

Assets

Down

$21,804,647

Down $1,473,017 (-6.3%) from 2013

Net Assets

Flat

$0

Flat from 2013

Liabilities

Down

$21,804,647

Down $1,473,017 (-6.3%) from 2013

Revenue

Up

$148,169,115

Up $7,125,497 (+5.1%) from 2013

Expenses

Up

$148,169,115

Up $7,125,497 (+5.1%) from 2013

Net Income

Flat

$0

Flat from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $22,597,931Liabilities 2010: $22,597,931Net Assets 2010: $02010Assets 2011: $18,683,002Liabilities 2011: $18,683,002Net Assets 2011: $02011Assets 2012: $21,000,066Liabilities 2012: $21,000,066Net Assets 2012: $02012Assets 2013: $23,277,664Liabilities 2013: $23,277,664Net Assets 2013: $02013Assets 2015: $21,804,647Liabilities 2015: $21,804,647Net Assets 2015: $02015Assets 2017: $27,955,468Liabilities 2017: $27,955,468Net Assets 2017: $02017Assets 2018: $17,459,074Liabilities 2018: $17,459,074Net Assets 2018: $02018Assets 2019: $14,838,837Liabilities 2019: $14,838,837Net Assets 2019: $02019Assets 2020: $14,281,932Liabilities 2020: $14,281,932Net Assets 2020: $02020Assets 2021: $14,475,485Liabilities 2021: $14,475,485Net Assets 2021: $02021Assets 2022: $25,584,893Liabilities 2022: $25,584,893Net Assets 2022: $02022Assets 2024: $25,392,545Liabilities 2024: $25,392,545Net Assets 2024: $02024

Highlighted filing

2015

Assets$21,804,647
Liabilities$21,804,647
Net Assets$0

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200M$150M$100M$50M$0Expenses 2010: $126,072,7362010Expenses 2011: $127,182,9442011Expenses 2012: $127,418,1772012Revenue 2013: $141,043,618Expenses 2013: $141,043,618Net Income 2013: $02013Revenue 2015: $148,169,115Expenses 2015: $148,169,115Net Income 2015: $02015Revenue 2017: $155,016,092Expenses 2017: $155,016,092Net Income 2017: $02017Revenue 2018: $159,678,406Expenses 2018: $159,678,406Net Income 2018: $02018Revenue 2019: $155,751,359Expenses 2019: $155,751,359Net Income 2019: $02019Revenue 2020: $161,001,687Expenses 2020: $161,001,687Net Income 2020: $02020Revenue 2021: $154,351,019Expenses 2021: $154,351,019Net Income 2021: $02021Revenue 2022: $178,196,534Expenses 2022: $178,196,534Net Income 2022: $02022Revenue 2024: $165,666,302Expenses 2024: $165,666,302Net Income 2024: $02024

Highlighted filing

2015

Revenue$148,169,115
Expenses$148,169,115
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 25, 2016
Return Version
2015v2.1
Gross Receipts
$148,169,115
Mission and Program Overview

Mission

Dairy management inc (dmi) was formed in 1995 by the national dairy promotion and research board (ndb) and the united dairy industry association (udia). Dmi is a management organization that invests dairy producer checkoff funds in strategic, coordinated marketing programs designed to increase consumption of us dairy products both domestically and internationally. The formation of dmi has created efficiencies, gained through the elmination of redundancies and the power of joint planning.

To invest dairy producer checkoff funds in strategic, coordinated mark strategic, coordinated marketing programs designed to increase consumption of dairy products both domestically and internationally.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,671,051$1,398,966▼ $272,085
Accounts Receivable$1,403,148$1,155,753▼ $247,395
Prepaid Expenses and Deferred Charges$8,240,101$1,038,494▼ $7,201,607
Cash and Non-Interest-Bearing Accounts$137,247$1,020,827▲ $883,580
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$16,937,738$21,804,647▲ $4,866,909
Other Assets Total$5,486,191$17,190,607▲ $11,704,416
Liabilities
Accounts Payable and Accrued Expenses$16,153,921$21,678,286▲ $5,524,365
Other Liabilities$583,195$0▼ $583,195
Deferred Revenue$200,622$126,361▼ $74,261
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$16,937,738$21,804,647▲ $4,866,909
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$16,937,738$21,804,647▲ $4,866,909

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$340,695$1,795,265$2,135,960
Equipment$200,861$1,343,060$1,543,921
Leasehold Improvements$857,410$627,101$1,484,511
Other Assets Org$17,190,607--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas SuberExecutive Vice PresidentFT$365,650$1,536,430$1,902,080
Thomas GallagherCEOFT$537,500$824,253$1,361,753
Gregory MillerExecutive Vice PresidentFT$312,625$343,786$656,411
BARBARA O'BRIENSenior Executive VPFT$350,200$190,645$540,845
Marc BeckExecutive Vice PresidentFT$292,584$225,663$518,247
Mollie WallerExecutive Vice PresidentFT$267,800$237,741$505,541
Daniel ChavkaExecutive Vice PresidentFT$312,567$160,388$472,955
Carolyn GibbsCFOFT$278,100$171,192$449,292
Kevin PonticelliSenior Executive VPFT$352,185$378,626$378,626
Paul E RoveyBoard Chair--$31,000$31,000
Neil a HoffDirector--$21,450$21,450
Connie SeefeldtDirector--$9,300$9,300
David Skip HardieSecretary--$8,800$8,800
Tom DorseyDirector--$8,600$8,600
Craig CallaberoDirector--$7,800$7,800
Jim ReidDirector--$7,500$7,500
Brian EsplinDirector--$6,000$6,000
John BrubakerDirector--$6,000$6,000
Victor BissellDirector--$6,000$6,000
Jerry G MesserDirector--$5,300$5,300
Jerry TrueloveDirector--$5,000$5,000
Ryan AnglinDirector--$5,000$5,000
Audrey DonahoeDirector--$4,600$4,600
Earl StitzleinDirector--$4,600$4,600
Larry AlexanderDirector--$4,600$4,600
Bryan DavisDirector--$4,400$4,400
Christine SukalskiDirector--$4,400$4,400
Tom a WoodsDirector--$4,400$4,400
Elizabeth AndersonDirector--$4,300$4,300
Arie RoeloffsDirector--$4,200$4,200
Steve NeahringDirector--$4,200$4,200
Paul DotonDirector--$4,100$4,100
Suzanne VoldDirector--$4,100$4,100
Pam BolinDirector--$3,900$3,900
Donald GurtnerDirector--$3,800$3,800
Jerrel HeatwoleDirector--$3,500$3,500
Chace FullmerDirector--$3,400$3,400
Rick PodtburgDirector--$3,400$3,400
Allen MerrilDirector--$3,200$3,200
John M LarsonDirector--$3,100$3,100
Harold ShaulisDirector--$3,000$3,000
Tim HoodDirector--$2,600$2,600
Vernon HorstDirector--$2,600$2,600
Dan DegrootDirector--$2,200$2,200
Mike FergusonDirector--$2,200$2,200
Lynn RamseyDirector--$2,100$2,100
Michelle SchilterDirector--$2,000$2,000
Lowell MuellerDirector--$1,800$1,800
Robert KranDirector--$1,800$1,800
Steve GraybealDirector--$1,700$1,700
David JacksonDirector--$1,600$1,600
Richard BymaDirector--$1,600$1,600
Ken NobisDirector--$1,300$1,300
Corby WerthDirector--$1,000$1,000
Dan GilbertDirector--$1,000$1,000

Highest Paid Contractors

ContractorServicesLocationCompensation
Daniel J Edelman IncAgency services21992 Network Place, Chicago, IL 60673$13,048,769
MMS EducationAgency Services105 Terry Drive Suite 120, Newtown, PA 18940$3,769,760
NTT Data IncInformation Tech.svs100 City Square, Boston, MA 02129$2,915,121
NFL Properties LLCpromotionPO Box 27278, New York, NY 10087$2,605,000
Information Resources IncAgency Services150 N Clinton Street, Chicago, IL 60661$1,506,747
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$148,169,115
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$148,169,115
Total Revenue per Audited Statements
$148,169,115
Total Revenue per Form 990
$148,169,115
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$117,233,035
Salaries, Compensation, and Employee Benefits$28,151,080
Grants and Similar Amounts Paid$2,785,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$18,778,147
Other Expenses---$6,832,092
Pension Plan Contributions---$3,567,723
Travel---$3,542,152
Information Technology---$2,863,414
Grants to Domestic Orgs---$2,785,000
Current Officers, Directors, Trustees, and Key Employees---$2,730,516
Other Employee Benefits---$1,758,498
Occupancy---$1,742,911
Office Expenses---$1,375,957
Payroll Taxes---$1,316,196
Conferences and Meetings---$695,228
Fees for Services Legal---$626,855
Depreciation Depletion---$386,758
Insurance---$120,462
Fees for Services Other---$88,553
Fees for Services Accounting---$58,346
All Other Expenses---$-3,147,419
Total Functional Expenses$0$0$0$148,169,115

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$148,169,115
Total Expenses per Audited Statements$148,169,115
Total Expenses per Form 990$148,169,115
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Dairy CouncilRosemont, IL501(c)(3)Futp60 Website Development$1,500,000
Youth Improved IncRosemont, IL501(c)(3)ProgRam service Expenses$1,285,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Dairy Management Inc
EIN
36-3992031
In Care Of
% CAROLYN GIBBS CFO
Phone
8478032000
Address
10255 W Higgins Road SUITE 900, Rosemont, IL 60018

Signing Officer

Name
Carolyn Gibbs
Title
CFO
Signed
2016-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Gallagher
Formed
1995
Legal Domicile
Dc
Voting Board Members
82
Independent Board Members
82
Employees
265
Volunteers
40

Preparer

Firm
Ernst & Young US Llp
Address
155 N Wacker Drive, Chicago, IL 60606
Preparer
Tamara Tarazi
Phone
3128792000
Supplemental Narrative

Additional Explanations

Describe the Process Used by Management &/or Governing Body to Review 990

Form 990, part vi, line 11a form 990 is available to all board members for review upon request. Management reviews the 990 details for compliance with the organization's tax specialists from its audit and tax firm.

Description of Process to Monitor Transactions for Conflicts of Interest

Form 990, part vi, line 12c management and corporate counsel review the policies related to governance, management and disclosure to ensure and monitor compliance within the organization. The conflict of interest policy is reviewed in detail with the board of directors, management and annually by the organization's corporate attorneys, and there are periodic compliance discussions between the officers of the board of directors and management during the year. Board members are asked to recuse themselves from voting if they are personally involved in a matter.

Offices & Positions for Which Process Was Used, & Year Process Was Begun

Form 990, part vi, line 15a and 15b compensation of the ceo is determined by involvement of the personnel committee of the board of directors and for other employees of the organization, through the use of industry surveys, market salary guides and other competitive compensation information.

Avail of Gov Docs, Conflict of Interest Policy, & Fin Stmts to Gen Public

Form 990, part vi, line 19 governing documents, conflict of interest policy, whistle blower policy, document retention policy and financial statements are available upon request.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0DMI PARTNERS WITH MARKETPLACE AND FOODSERVICE LEADERS TO HELP CREATE DAIRY-BASED INNOVATION TO DRIVE DAIRY SALES AND BUILD TRUST IN DAIRY PRODUCTS. DMI SUPPORTS A RANGE OF PROGRAMS AND INITIATIVES WITH THESE INFLUENTIAL AND GLOBAL INDUSTRY LEADERS. THE PROGRAMS FOCUS ON PROVIDING DAIRY EXPERTISE AND INVESTMENT IN THE AREAS OF CONSUMER INSIGHTS, NEW PRODUCT DEVELOPMENT, STORE AND MARKET LEVEL TESTS, PROMOTIONS AND CONSUMER COMMUNICATIONS. FURTHER, DMI PROVIDES ON-SITE SCIENTISTS AND/OR CULINARY EXPERTS WHO DELIVER SUPPORT IN THE DEVELOPMENT OF AND FORMULATION FOR DAIRY-BASED FOOD AND BEVERAGE PRODUCTS. DMI ALSO PROVIDES EXPERTISE AND CONSULTANTS IN THE AREAS OF NUTRITION, SUSTAINABILITY, ANIMAL CARE, FOOD SAFETY, REGULATORY ENVIRONMENT, AND DAIRY COMMUNICATIONS. SINCE THE START OF OUR PARTNERSHIPS IN 2009, OUR PARTNERS HAVE LAUNCHED MORE THAN 25 NEW DAIRY-BASED PRODUCTS. ADDITIONALLY, PARTNERS HAVE EXECUTED MORE THAN 25 NEW COMMERCIALS THAT HAVE INCLUDED DAIRY PRODUCTS. IN 2015, WE HAD FIVE MARKETPLACE PARTNERS: DOMINOS, PIZZA HUT, TACO BELL, MCDONALDS AND QUAKER. THESE PARTNERS, WITH THE HELP OF DMI, LAUNCHED SEVERAL PROGRAMS TO DRIVE SALES AND TRUST IN DAIRY. IN 2015 MCDONALDS CONVERTED FROM MARGARINE TO BUTTER. THE COMMERCIALIZATION AND TRANSITION FROM MARGARINE TO BUTTER WAS LED BY A DMI SCIENTIST. THE PROJECTED MILK IMPACT, AFTER CONVERTING THE BUTTER TO MILK POUNDS, IS AN ESTIMATED ANNUAL 500 MILLION POUNDS OF MILK. IN 2015 MCDONALDS ALSO INTRODUCED AN 'ALL DAY BREAKFAST' MENU. DMI SCIENTISTS HELPED THE MCDONALDS MENU INNOVATION TEAM TEST AND DEVELOP THE OPERATIONAL PROCEDURES FOR THE RESTAURANTS TO FOLLOW AS THEY MIGRATED TO THE NEW BREAKFAST MENU OFFERINGS. IN THEIR 'ALL DAY BREAKFAST' ADVERTISING MCDONALDS THEN HIGHLIGHTED AND CALLED OUT THE USE OF BUTTER ON THEIR EGG MCMUFFIN SANDWICH. DMI SCIENTISTS ALSO LED THE PRODUCT DEVELOPMENT AND COMMERCIALIZATION OF MCDONALDS MOZZARELLA STICKS, WHICH LAUNCHED IN LATE 2015. IN 2015 DMI INVESTED IN TECHNOLOGY INNOVATION PLATFORMS AT DOMINOS, INCLUDING NEW DIGITAL ORDERING APPLICATIONS AND A NEW LOYALTY PROGRAM. DMI ALSO INVESTED IN A 'BLACK FRIDAY' PROMOTION TO HELP ADD IMPACTFUL MEDIA PROVIDERS AND PROGRAMS AND EXTEND THE PROMOTIONAL DAYS. THE OUTCOME OF THESE INVESTMENTS WERE EVIDENT IN DOMINOS 2015 DAIRY IMPACT. AFTER CONVERTING CHEESE USAGE TO MILK POUNDS, DOMINOS EQUALIZED MILK SALES GREW BY 230 MILLION POUNDS IN 2015. DOMINOS AND DMI CONTINUED TO PARTNER ON ITS 'SMART SLICE' SCHOOL PIZZA PROGRAM. SMART SLICE IS NOW IN 47 STATES AND 6,500 SCHOOLS. DOMINOS ALSO SUPPORTS BUILDING TRUST IN THE DAIRY INDUSTRY, INCLUDING RUNNING DAIRY CREATIVE ELEMENTS SUCH AS 'ACRES AND AVENUES' THROUGH ITS MEDIA VEHICLES. TACO BELL AND PIZZA HUT BOTH CONTINUE TO EXPLORE USING DAIRY IN NEW WAYS AS PART OF OUR PARTNERSHIP LED BY DMI SCIENTISTS. IN 2015 PIZZA HUT INTRODUCED A CHEESE SAUCE TO USE WITH ITS TWISTED CRUST PIZZA. HISTORICALLY, THE TWISTED CRUST PIZZA ONLY USED A MARINARA SAUCE. SINCE THE TACO BELL PARTNERSHIP BEGAN, WE HAVE HELPED TACO BELL EVOLVE HOW THEY USE DAIRY, FROM INCORPORATING IT AS A 'GARNISH' TO EVOLVING INTO BEING MORE OF A KEY INGREDIENT TO DRIVE FLAVOR, PROTEIN AND/OR INNOVATION. TWO EXAMPLES IN 2015 INCLUDE CINNABON DELIGHTS COFFEE CREAMER AND THE BISCUIT TACO. THE COFFEE CREAMER, A LIMITED TIME COFFEE BEVERAGE, WAS THE FIRST DAIRY-CONTAINING BEVERAGE AT TACO BELL. THE CREAMER USED KEY DAIRY INGREDIENTS INSTEAD OF A NON-DAIRY CREAMER. THE BISCUIT TACO USED REAL BUTTER AND BUTTERMILK TO ENSURE A DELICIOUS TASTING BISCUIT. CURRENT NATIONAL VARIETIES ARE TOPPED WITH NATURAL CHEDDAR CHEESE. BASED UPON THESE EFFORTS, TACO BELL GREW ITS DAIRY VOLUME +6% IN 2015. LED BY DMIS ON-SITE SCIENTIST, QUAKER CREATED AND LAUNCHED REAL MEDLEYS GRANOLA & YOGURT BLENDS, WHICH IS 70% DAIRY WHEN PREPARED. DMIS DAIRY SCIENTIST IS LISTED AS CO-DEVELOPER ON THE PRODUCT PATENT.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.4$25.4$0.00$166$166$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.6$25.6$0.00$178$178$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.5$14.5$0.00$154$154$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.3$14.3$0.00$161$161$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.8$14.8$0.00$156$156$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.5$17.5$0.00$160$160$0.00
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.0$28.0$0.00$155$155$0.00
2015Detailed filing. Detailed filing data is available for this year.$21.8$21.8$0.00$148$148$0.00
2013Detailed filing. Detailed filing data is available for this year.$23.3$23.3$0.00$141$141$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$21.0$0.00$127
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.7$18.7$0.00$127
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.6$22.6$0.00$126
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)6 • $100M-$250M nonprofits