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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Health Care The Milk Bank Inc.

The Milk Bank Inc.

Fiscal year ending 2024. Filed on May 9, 2025.

8020 Castleway Drive
Indianapolis, Indiana 46250

The Milk Bank Inc. (EIN: 20-1662573) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, The Milk Bank Inc., a 501(c)(3) charitable organization, reported compensation for 1 out of 27 total employees. Among the employees shown here, the average compensation is $121,844. The highest compensated employee at The Milk Bank Inc. is Freedom Kolb with fiscal year 2024 compensation of $121,844.

Revenue, expenses, and employee compensation

Revenue

$3,325,285

Expenses

$2,577,415

Employee compensation

$1,094,240
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Freedom Kolb
Executive Director
$121,844
$111,372 No related comp$10,472

Benchmark Employee Compensation

Non-Employee Board Members

Angka Hinshaw, Esq
President-Elect
April Dales
Secretary
Ashley Schwandt
Director
Bonnie Logsdon Ibclc
Director
Cameual Wright, M.D., Mba
Director
Chelsea Spickelmier, Jd
Director
Ekanem Akinola M.D. Faap Ibclc
Medical Director
Jesse Davis, M.D., Mba
Director
Julie Kirby
President
Katelynn Mulinix, Mba
Director
Kathryn Bowman, Pharmd
Director
Kristen Tippit
Director

Mission Statement

THE ORGANIZATION WAS ESTABLISHED AS A NON-PROFIT, COMMUNITY-SUPPORTED ENTITY TO IMPROVE HEALTH OUTCOMES FOR PREMATURE AND ILL BABIES, FOSTER BETTER HEALTH FOR CHILDREN, AND DECREASE HEALTH CARE EXPENDITURES. THE ORGANIZATION RECEIVES HUMAN MILK FROM CAREFULLY SCREENED DONORS TO PASTEURIZE, FREEZE AND DISTRIBUTE THROUGHOUT THE UNITED STATES.

Revisions to this organization profile

May 9, 2025:
2024 The Milk Bank Inc. 990 filed
March 18, 2024:
2023 The Milk Bank Inc. 990 filed
July 19, 2023:
2022 The Milk Bank Inc. 990 filed

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