2011-10-28T13:26:56-05:00 2010-12-31 GALLAGHER FLYNN & COMPANY LLP 55 COMMUNITY DRIVE SUITE 401 SOUTH BURLINGTON VT 05403 990 2010-01-01 030130760 HOLSTEIN ASSOCIATION USA INC HOLS 8022544551 1 HOLSTEIN PLACE BRATTLEBORO VT 053020808 BARBARA M CASNA 8022544551 2011-10-28 1 PHILIP A LAPP CPA 8028631331 2010 2016-03-07 17:11:31Z JOHN M MEYER 1 HOLSTEIN PLACE BRATTLEBORO VT 05302 28644527 0 X WWW.HOLSTEINUSA.COM X 1885 NY PERMANENT IDENTIFICATION OF PUREBRED HOLSTEIN DAIRY CATTLE; COLLECTION AND DISSEMINATION OF MILK PRODUCTION & PHYSICAL TRAIT DATA; AND BREEDER ASSISTANCE & EDUCATION. 14 13 142 68 -26664 -26664 830401 751191 17008847 17485262 1015593 -1027012 -37630 -26664 18817211 17182777 151418 188296 0 0 8653684 8344262 0 0 0 11121624 9463890 19926726 17996448 -1109515 -813671 28978244 28793514 8652043 7581443 20326201 21212071 PROVIDE LEADERSHIP INFORMATION AND SERVICES TO HELP MEMBERS AND DAIRY PRODUCERS WORLDWIDE BE SUCCESSFUL. 0 0 PERMANENT IDENTIFICATION OF PUREBRED HOLSTEIN DAIRY CATTLE, RECORDING OWNERSHIP TRANSACTIONS, MAINTAINING PROGENY RECORDS: PROCESSED 339,908 REGISTRATIONS AND 70,335 OWNERSHIP TRANSFERS. COLLECTION OF MILK PRODUCTION AND PHYSICAL TRAIT DATA, EVALUATION AND DISSEMINATION OF INFORMATION: 315,105 ANIMALS CLASSIFIED & EVALUATED; 11,886 HERDS PARTICIPATED IN DAIRY HERD IMPROVEMENT; 335,665 ANIMALS AND 2,899 HERDS PARTICIPATED IN THE TRISTAR PROGRAM; 179,541 PEDIGREES ISSUED; 17,154 COPIES OF THE SIRE SUMMARY ISSUED; PROCESSED DAIRY RECORDS AND RECORDED MILK PRODUCTION OF 858,329 ANIMALS FROM 576 HERDS. BREEDER ASSISTANCE AND EDUCATION: 6,978 HERDS PARTICIPATED IN SIRE EVALUATION. 0 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 44 0 1 142 1 1 1 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X X BARBARA M CASNA TREASURERCFO 8024514126 1 HOLSTEIN PLACE BRATTLEBORO VT 053020808 RONALD FUHRMANN 1.00 X 2250 0 0 KATHERINE GEPPERT 1.00 X 3300 0 0 JOHN C KALMEY 1.00 X 1500 0 0 JAMES R BURDETTE 1.00 X 3650 0 0 WILLIAM PECK 1.00 X 2100 0 0 GORDON M COOK 1.00 X 2850 0 0 COREY A GEIGER 1.00 X 1350 0 0 BOYD SCHAUFELBERGER 1.00 X 2250 0 0 HENRY VANEXEL 1.00 X 4100 0 0 PETER WATERMAN 1.00 X 1950 0 0 LEROY C EGGINK 1.00 X 2850 0 0 ROBERT NIGH 1.00 X 2550 0 0 JONATHAN LAMB 1.00 X 2550 0 0 WILLIAM H WRIGHT 1.00 X 3450 0 0 GAYLE CARSON 1.00 X 1650 0 0 CHARLES E WORDEN 1.00 X 3750 0 0 LARRY A TANDE 1.00 X 7975 0 0 BARBARA M CASNA 40.00 X X 128496 0 19303 JOHN M MEYER 40.00 X X X 238979 0 15235 ROBERT LESTER 40.00 X 109106 0 14487 DANIEL MEIHAK 40.00 X 108463 0 16044 635119 0 65069 4 0 1 0 PACIFIC DATA MANAGEMENT 111 WEST ST JOHN STREET STE 404 SAN JOSE CA 951131102 COMPUTER PROGRAM 156150 TOWERS WATSON 255 EAST FIFTH STREET STE 2120 CINCINNATI OH 45202 PENSION MANAGEMENT 119428 2 352185 399006 751191 REGISTRY SERVICES 900099 9239115 9239115 CLASSIFICATION SERVICE 900099 2938954 2938954 HOLSTEIN COMPLETE 900099 2791577 2791577 PERFORMANCE PRODUCTS 900099 1254061 1254061 DAIRY RECORDS PROCESSI 900099 1088744 1088744 172811 172811 17485262 373507 373507 14081 14081 0 0 10045050 2100 11447669 -1402619 2100 -1400519 -1400519 INSINC USA LLC 541511 -26664 -26664 -26664 17182777 17485262 -26664 -1027012 188296 700188 5100608 865342 1197268 480856 21399 48844 77732 47296 948826 270699 222093 1292281 89676 14 252071 71540 EARTAGS 2404919 GENOTYPING & OTHER PROG 1743004 DAIRY RECORDS PROCESSIN 1701856 FOREIGN MKTS DEVELOPMEN 164828 106812 17996448 739145 870846 506876 1613123 3463836 3317305 96270 83276 204181 192234 12545110 9309184 3659267 3235926 20308669 19480804 28978244 28793514 621172 726468 2097306 2090476 5933565 4764499 8652043 7581443 X 20326201 21212071 20326201 21212071 28978244 28793514 X -813671 1699541 X 0 1 1 X 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 4123647 157739 324073 -19160 4586299 3371542 70447 696545 -14887 4123647 3525953 532932 -670046 -17297 3371542 0.26000 0.74000 0 1 1 263904 263904 920091 766485 153606 3296393 3036811 259582 7893844 5339632 2554212 170878 166256 4622 3235926 ACCRUED WAGES AND VACATIONS 260999 ACCRUED PENSION CONTRIBUTIONS 3163866 WITHHELD TAXES & OTHER PAYROLL DEDUCTIONS 3651 RESERVE FOR IBNR MEDICAL CLAIMS 1308045 ADVANCE FEES & OTHER UNCLASSIFIED ITEMS 7427 CORPORATE EQUITY - HFS, INC 9995 DISCOUNT PEDIGREE COUPON 10516 4764499 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUND NET ASSETS ARE PERMANENTLY RESTRICTED FOR INVESTMENT PURPOSES, THE EARNINGS OF WHICH ARE TO BE USED FOR THE PURPOSES RESTRICTED BY DONORS' INTENTIONS. EARNINGS ON FUTURE INVESTMENTS TO THE ENDOWMENT FUND ARE RESTRICTED FOR USE IN THE YOUNG DAIRY LEADERS INSTITUTE PROGRAM. EARNINGS ON OTHER PERMANENTLY RESTRICTED NET ASSETS ARE AVAILABLE TO FUND OTHER PROGRAMS AND GENERAL OPERATIONS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: PART X, LINE 2: INTEREST AND PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS ARE CLASSIFIED AS ADDITIONAL INCOME TAXES IN THE STATEMENT OF ACTIVITIES. THE ASSOCIATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL AND STATE JURISDICTIONS. WITH FEW EXCEPTIONS, THE ASSOCIATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2007. AS OF DECEMBER 31, 2010 AND 2009, THERE WERE NO MATERIAL UNRECOGNIZED/DERECOGNIZED TAX BENEFITS OR TAX PENALTIES OR INTEREST. 1 HOLSTEIN FOUNDATION INC PO BOX 816 BRATTLEBORO VT 05302 222990672 501(C)(3) 133026 GENERAL SUPPORT UNIVERSITY OF GEORGIA RESERACH FOUNDATION 621 BOYD GRAD RESEARCH CTR ATHENS GA 30602 581353149 501(C)(3) 52998 RESEARCH GRANT 2 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: HOLSTEIN FOUNDATION - THE ASSOCIATION MONITORS THE USE OF THE FUNDS ON A DAILY BASIS. BROCHURES AND TRAINING MATERIALS ARE PUBLISHED. DAIRY YOUTH AND LEADERSHIP ACTIVITIES ARE MONITORED AND ATTENDED. UNIVERSITY OF GEORGIA - THE HOLSTEIN ASSOCIATION RECEIVES REPORTS REGARDING THE RESEARCH AND MONITORS THAT IT IS PUBLISHED IN A SCIENTIFIC JOURNAL. X X X X 0 0 0 JOHN M MEYER 218070 0 20294 0 615 0 0 0 15793 0 254772 0 0 0 LINDSEY WORDEN FAMILY MEMBER OF BOARD'S VP 57234 EMPLOYMENT 0 FORM 990, PART VI, SECTION A, LINE 6 HOLSTEIN ASSOCIATION USA, INC. IS A MEMBERSHIP ORGANIZATION. LIFE MEMBERSHIP AND ONE-YEAR MEMBERSHIP HAVE VOTING PRIVILEGES AND ELECT DELEGATES TO REPRESENT THEM AT THE ASSOCIATION'S ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7A THE LIFETIME AND ONE-YEAR MEMBERS OF THE ASSOCIATION ELECT DELEGATES FROM AMONG THEMSELVES WHO ARE RESPONSIBLE FOR THE ELECTION OF DIRECTORS AT THE ORGANIZATION'S ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B THE DELEGATE BODY APPROVES ANY CHANGES TO THE ORGANIZATION'S BYLAWS AND ELECTS THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 AT THE NOVEMBER 2011 BOARD OF DIRECTORS MEETING, THE CHIEF FINANCIAL OFFICER MADE THE FORM 990 AVAILABLE TO ALL DIRECTORS AND REVIEWED THE FORM 990 WITH THOSE DIRECTORS IN ATTENDANCE. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS AND DIRECTORS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST POLICY DISCLOSURE STATEMENT ANNUALLY. OFFICERS OF THE ORGANIZATION CAREFULLY REVIEW THE STATEMENT FOR POTENTIAL CONFLICTS OF INTEREST. THE PRESIDENT AND VICE-PRESIDENT ARE NOTIFIED OF ANY POTENTIAL CONFLICTS IDENTIFIED ON THE DISCLOSURE STATEMENT. IF A CONFLICT OF INTEREST ARISES, THOSE INDIVIDUALS ARE NOT ALLOWED TO VOTE OR HAVE INPUT ON THE SUBJECT MATTER AND MUST EXCUSE THEMSELVES FROM DELIBERATIONS AND DECISION-MAKING. IF THE INDIVIDUAL DOES NOT IMMEDIATELY EXCUSE HIMSELF OR HERSELF, ANY MEMBER OF THE BOARD OF DIRECTORS CAN REQUEST THAT PERSON TO BE REMOVED BEFORE ANY DISCUSSIONS OR VOTING OCCURS. IN ADDITION, AT EVERY BOARD MEETING THE DIRECTORS REVIEW THE DIRECTOR'S PLEDGE, A COPY OF WHICH IS IN EACH DIRECTORS BOARD BOOK. THE DIRECTOR'S PLEDGE OUTLINES THE RESPONSIBILITIES OF BEING A BOARD MEMBER AND REITERATES MANY OF THE ITEMS DISCUSSED IN THE CONFLICT OF INTEREST POLICY STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS MEETS ANNUALLY IN NOVEMBER (LAST DONE IN NOVEMBER 2010) TO GIVE THE CEO OF THE ORGANIZATION HIS ANNUAL REVIEW, DETERMINE HIS COMPENSATION FOR THE FOLLOWING CALENDAR YEAR, AND INITIATE A NEW WRITTEN EMPLOYMENT CONTRACT. COMPENSATION IS DETERMINED BY MEETING THE ORGANIZATION'S GOALS AND OBJECTIVES FOR THE YEAR AND BY COMPARING COMPENSATION OF OTHER CEO'S THROUGH REVIEW OF FORM 990 OF OTHER ORGANIZATIONS AND COMPENSATION STUDIES. THE CEO OF THE ORGANIZATION DETERMINES COMPENSATION FOR THE CFO ANNUALLY IN JULY (LAST DONE JULY 2010). THE CEO COMPLETES THE ANNUAL REVIEW FORM AND DETERMINES COMPENSATION BASED ON THE PREVIOUS YEARS PERFORMANCE, AS WELL AS COMPARING COMPENSATION OF OTHER CFO'S THROUGH REVIEW OF FORM 990 OF OTHER ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE HOLSTEIN ASSOCIATION'S CONSTITUTION AND BYLAWS ARE AVAILABLE FOR PUBLIC INSPECTION ON THE ASSOCIATION'S WEBSITE: WWW.HOLSTEINUSA.COM. A COPY OF THE ASSOCIATION'S ANNUAL REPORT IS GIVEN TO DELEGATES AND MEMBERS AT THE ORGANIZATION'S ANNUAL MEETING EACH YEAR. COPIES ARE ALSO MAILED TO INDUSTRY CONTACTS AND ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 2,471,842. SFAS 158 - CHANGE IN PENSION LIABILITY -772,301. TOTAL TO FORM 990, PART XI, LINE 5: 1,699,541. INSINC USA LLC 1 HOLSTEIN PLACE BRATTLEBORO VT 05302 030363201 DEVELOPS BREED RELATED INFORMATION DATABASES VT -26664 19279 HOLSTEIN FOUNDATION INC PO BOX 816 BRATTLEBORO VT 05302 222990672 FUNDING RESEARCH, EDUCATION, AND YOUTH ACTIVITIES MA 501(C)(3) 11, TYPE II HOLSTEIN ASSOCIATION USA 1 HOLSTEIN-FRIESIAN SERVICES INC 1 HOLSTEIN PLACE BRATTLEBORO VT 05302 030221693 INACTIVE MA N/A C 1.00000 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 HOLSTEIN FOUNDATION INC B 84085 COSTS INCURRED