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Posts tagged ‘Michael Dykes’

14
Jan

Executive Compensation at the International Dairy Foods Association (IDFA)

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.”

The IDFA reported total revenue of $7.8 million for the year ending June 30, 2017 (down 23% from the prior year when $10.2 million was reported).  Revenue came primarily from two sources:  membership dues ($4.6 million) and training and education programs ($2.2 million).  Expenses were $8.5 million and consisted primarily of three:  compensation ($5.3 million), office-related expenses ($1.6 million), and conferences and trade shows ($1.3 million). Read more »