Specialty Food Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 131934121 ✦ New york, NY ✦ Designated as a 501(c)(6)

Overview

What is Specialty Food Association Inc?

The Specialty Food Association Inc, based in New York City, functions as a trade association connecting specialty food makers and buyers. With a membership of over 3,800 specialty food companies, they foster growth in the specialty foods marketplace through media programs, industry insights, and the annual Fancy Food Shows. The mission of the Specialty Food Association is to nurture and champion its members, enabling them to deliver innovative products and expand the consumption of specialty foods. The organization currently employs approximately 58 individuals.


Official website here: www.specialtyfood.com

Is Specialty Food Association Inc legitimate?

Specialty Food Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Specialty Food Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,846,802
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,320,371

For more financial information, click here


Official website here: www.specialtyfood.com

What is the mission statement of Specialty Food Association Inc?

The Specialty Food Association Inc is a trade organization that supports the thriving specialty foods marketplace. Its mission is to champion and nurture its members, numbering over 3,800 specialty food companies, by delivering innovative products and expanding consumption of specialty foods. The association focuses on connecting makers and buyers, offering industry insights, and enhancing members' data and profiles through its best-in-class Fancy Food Shows. These events provide a crucial platform for fostering valuable industry connections. By fostering a vibrant marketplace and connecting industry players, the Specialty Food Association Inc plays a significant role in the growth and success of the specialty food industry.


Official website here: www.specialtyfood.com

Who is the CEO of Specialty Food Association Inc?

William Lynch is the Chair of Specialty Food Association Inc.


Official website here: www.specialtyfood.com

What is the revenue of Specialty Food Association Inc?

Specialty Food Association Inc's revenue in 2022 was $31,371,451.


Official website here: www.specialtyfood.com

Who are the executives of Specialty Food Association Inc and what are their salaries?

The average compensation at Specialty Food Association Inc during 2022 was $106,331. There are 58 employees and 80 volunteers at Specialty Food Association Inc.

Here are 27 key members and their salaries:

    William Lynch (President)
  • Compensation: $421,436
  • Related: $0
  • Other: $173,818

    • Lysa Teal (Svp, Finance & Planning)
  • Compensation: $345,363
  • Related: $0
  • Other: $29,508

    • Denise Purcell (Vp, Resource Development)
  • Compensation: $208,322
  • Related: $0
  • Other: $35,738

    • Laura Lozada (Vp, Operations)
  • Compensation: $210,047
  • Related: $0
  • Other: $21,766

    • Claudine Berti (Dir, Research & Data Analytics)
  • Compensation: $167,739
  • Related: $0
  • Other: $61,201

    • Tressa Kennedy (Director, Operations)
  • Compensation: $159,086
  • Related: $0
  • Other: $31,423

    • Gretchen Vanesselstyn Dir (Education And Program Development)
  • Compensation: $157,459
  • Related: $0
  • Other: $21,435

    • Julie Barile (Director, E-Commerce)
  • Compensation: $154,974
  • Related: $0
  • Other: $21,268

    • Mark Caporelli (Vp, Technology, Thru 6/13/22)
  • Compensation: $159,395
  • Related: $0
  • Other: $13,082

    • Jill Campbell (Vp, Marketing, Thru 6/30/22)
  • Compensation: $159,644
  • Related: $0
  • Other: $11,226

    • Irene Math (Former Svp, Finance)
  • Compensation: $101,267
  • Related: $0
  • Other: $13,213

    • Jonathan E Pruden (Chair) [Trustee/Director]
  • Compensation: $20,000
  • Related: $0
  • Other: $0

    • Charles Apt (Immediate Past Chair) [Trustee/Director]
  • Compensation: $20,000
  • Related: $0
  • Other: $0

    • Sarah Z Masoni (Director)
  • Compensation: $20,000
  • Related: $0
  • Other: $0

    • Julie Busha (Director)
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Tyler S Lowell (Director)
  • Compensation: $16,000
  • Related: $0
  • Other: $0

    • Emilio Mignucci (Director)
  • Compensation: $16,000
  • Related: $0
  • Other: $0

    • Jomaree Pinkard (Director)
  • Compensation: $16,000
  • Related: $0
  • Other: $0

    • Sarah Wallace (Director)
  • Compensation: $16,000
  • Related: $0
  • Other: $0

    • Lee Zalben (Director)
  • Compensation: $16,000
  • Related: $0
  • Other: $0

    • Nona Yeanhong Lim (Vice Chair) [Trustee/Director]
  • Compensation: $15,000
  • Related: $0
  • Other: $0

    • Jill Giacomini Basch (Secretary) [Trustee/Director]
  • Compensation: $13,000
  • Related: $0
  • Other: $0

    • Elizabeth A Haley (Director)
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Victoria Ho (Director)
  • Compensation: $8,000
  • Related: $0
  • Other: $0

    • Scott Jensen (Director)
  • Compensation: $8,000
  • Related: $0
  • Other: $0

    • Mark Alan Kroencke (Director, Thru 6/30/22)
  • Compensation: $8,000
  • Related: $0
  • Other: $0

    • Pierre A Abushacra (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.specialtyfood.com

    Where can I find the form 990 for Specialty Food Association Inc?

    The Specialty Food Association Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.specialtyfood.com

    Learn more at the official website: www.specialtyfood.com

    Mission Statement of Specialty Food Association Inc

    The Specialty Food Association, Inc. (SFA) is a thriving trade organization dedicated to fostering the specialty foods marketplace. Through its media programs, the Fancy Food Show, and a membership of over 3,800 specialty food companies, SFA champions and nurtures its members to deliver innovative products and expand the consumption of specialty foods. The Association's mission goes beyond just connecting makers and buyers; it provides industry insights, improves, and runs the Fancy Food Shows, making it a leader in enhancing members' data and profile across all interactions. By doing so, SFA sets the bar high in the specialty food industry, fostering growth and success for its members.

    Impact

    This information is meant to be a general summary of Specialty Food Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Specialty Food Association Inc's impact is significant in fostering a thriving specialty foods marketplace. Through its media programs, such as the Fancy Food Show, and its extensive membership of over 3,800 specialty food companies, the association works to connect makers and buyers. By providing industry insights, running the Fancy Food Shows, and enhancing members' data and profile across all interactions, Specialty Food Association Inc plays a key role in championing, nurturing, and connecting its members to deliver innovative products and expand consumption of specialty foods.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $767,316
  • Program Service Revenue: $20,500,813
  • Gross Receipts: $53,031,846

    • Assets and Liabilities:
  • Total Assets: $75,601,880
  • Total Liabilities: $15,715,007
  • Net Assets: $59,886,873
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TRADE SHOWS / EVENTS

    Revenue

    $17,696,304

    MEMBERSHIP DUES

    Revenue

    $1,303,056

    MAGAZINE / WEBSITE

    Revenue

    $1,108,968

    EDUCATION

    Revenue

    $392,485

    Organization Details

    Founding Year

    1952

    Principal Officer

    William Lynch

    Main Address

    136 MADISON AVENUE 12TH FL, NEW YORK, NY, 10016

    NTEE Category

    Code: S41 - Community improvement

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