Frozen Food Association Of New England Inc is located in Manchester, CT. The organization was established in 1958. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frozen Food Association Of New England Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2022, Frozen Food Association Of New England Inc generated $86.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.2%) each year. All expenses for the organization totaled $84.7k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (15.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE FROZEN, REFRIGERATED AND FRESH FOODS MEMBERS OF OUR INDUSTRY BY PROVIDING INFORMATION, PROGRAMS AND FORUMS THAT ULTIMATELY INCREASE AWARENESS AND CONSUMPTION OF THE PRODUCTS OUR MEMBERS' REPRESENT WITHIN THE TRADE AND TO THEIR FINAL CONSUMER. ACCOMPLISHED IN MANY WAYS, BUT ALWAYS ADHERING TO THE THREE CORE PRINCIPLES OF OUR ORGANIZATION - ADDING BUSINESS VALUE, EDUCATIONAL SUPPORT, AND GIVING BACK TO OUR MEMBERS AND THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONVENTION - INDIVIDUALS INVOLVED IN THE FROZEN, REFRIGERATED, AND FRESH FOOD INDUSTRY ATTEND ON A PAYING BASIS TO PARTICIPATE IN INFORMATIVE BUSINESS SESSIONS AND TO DISCUSS MUTUAL CONCERNS AND THE FUTURE OF THE INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joel Brissenden Board Cochai | OfficerTrustee | 2 | $0 |
Mike Dauphin Advisory Com | OfficerTrustee | 2 | $0 |
David Keenan Immediate Pa | OfficerTrustee | 2 | $0 |
Molly Devanney Board Cochai | OfficerTrustee | 2 | $0 |
Sal Marrocco Golf And Sch | OfficerTrustee | 2 | $0 |
Ron Suchecki Membership | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $13,550 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,600 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $16,150 |
Total Program Service Revenue | $17,832 |
Investment income | -$15,040 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $66,977 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $86,545 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $30,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $32,500 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $2,493 |
Payroll taxes | $2,557 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,463 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,145 |
Advertising and promotion | $0 |
Office expenses | $4,971 |
Information technology | $469 |
Royalties | $0 |
Occupancy | $0 |
Travel | $84 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,277 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,600 |
All other expenses | $0 |
Total functional expenses | $84,698 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $89,709 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $20,426 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $110,135 |
Accounts payable and accrued expenses | -$1,395 |
Grants payable | $0 |
Deferred revenue | $28,153 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $13,992 |
Total liabilities | $40,750 |
Net assets without donor restrictions | $69,385 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $110,135 |
Organization Name | Assets | Revenue |
---|---|---|
R I Nurserymens Association Inc West Kingston, RI | $707,480 | $1,476,201 |
Massachusetts Food Association Boston, MA | $2,050,707 | $1,027,955 |
Connecticut Food Assoc West Hartford, CT | $970,186 | $845,112 |
New York Maple Producers Assoc Inc Syracuse, NY | $482,259 | $792,299 |
Rhode Island Food Dealers Association Central Falls, RI | $399,527 | $327,214 |
Northeast Organic Dairy Producers Alliance Inc Deerfield, MA | $69,773 | $0 |
Massachusetts Tree Wardens And Foresters Association Inc Norwell, MA | $491,358 | $0 |
Nutrition And Metabolism Society Inc Brooklyn, NY | $59,974 | $0 |
Frozen Food Association Of New England Inc Manchester, CT | $110,135 | $86,545 |
Faith Food Pantry Of Newtown Inc Newtown, CT | $1,652,727 | $204,743 |
New York State Association For Food Protection Cape Vincent, NY | $29,265 | $0 |
Empire State Honey Producers Association Inc Otto, NY | $50,946 | $0 |