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Posts tagged ‘Matthew Herrick’

11
Nov

Executive Compensation at the International Dairy Foods Association (IDFA) 2025

The International Dairy Foods Association (IDFA) is a Washington, CD-based non-profit tax-exempt 501 (c) (6) – a business association – representing “90% of the milk, cheese, ice cream, yogurt, and cultured products, and dairy ingredients produced and marketed in the United States and sold throughout the world.” Members (estimated at 500) include dairy processors and businesses providing ingredients and packaging.

The organization is governed by an executive council and 5 industry segment boards (milk, cheese, ice cream, yogurt, and ingredients).

The IDFA reported total revenue of $12 million for the year ending June 30, 2025 most of which came from membership dues ($7 million or an estimated $14,000 per member annually) and training and education programs ($4 million).  Expenses were $12 million and consisted primarily of three:  compensation ($7 million), office-related expenses ($1 million), and conferences and trade shows ($2 million). Read more »