International Foodservice Distributors Association Inc
- Assets
- $20.8m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 21
- Location
- Mclean, VA
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 06-1638811
Organization Overview
International Foodservice Distributors Association Inc is located in Mclean, VA. The organization was established in 2007. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, International Foodservice Distributors Association Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Foodservice Distributors Association 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 12/2022, International Foodservice Distributors Association Inc generated $7.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $7.1m during the year ending 12/2022. While expenses have increased by 2.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
IFDA PROVIDES LEADERSHIP AND ACTION ON INDUSTRY ISSUES MOST IMPORTANT TO OUR MEMBERS' SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DISTRIBUTION SOLUTIONS CONFERENCE:THE FOODSERVICE DISTRIBUTION SOLUTIONS CONFERENCE & EXPO IS AN INDUSTRY-WIDE CONFERENCE ADDRESSING OPERATIONAL ISSUES INCLUDING TRANSPORTATION, DISTRIBUTION, TECHNOLOGY, AND HUMAN RESOURCES. DESIGNED FOR DECISION MAKERS FROM ACROSS THE FOODSERVICE DISTRIBUTION INDUSTRY, THIS CONFERENCE PROVIDES IN-DEPTH EDUCATION AND AN EXPOSITION WITH MAJOR VENDORS SUPPORTING DISTRIBUTION CENTER AND FLEET OPERATIONS. THE CONFERENCE WAS HELD IN TAMPA, FL, ON SEPTEMBER 14-16, 2022, WITH A TOTAL OF 1,383 PARTICIPANTS.
IFDA SMART CONFERENCE:THE IFDA SMART CONFERENCE ADDRESSES REAL WORLD SALES AND MARKETING ISSUES. THIS CONFERENCE HELPS FOODSERVICE DISTRIBUTORS IDENTIFY OPPORTUNITIES, DEAL WITH CHALLENGES, AND MAKE THEIR SALES AND MARKETING EFFORTS MORE EFFECTIVE.IFDA EXECUTIVE DEVELOPMENT PROGRAM:THE IFDA EXECUTIVE DEVELOPMENT PROGRAM FOR FOODSERVICE DISTRIBUTOR EXECUTIVES IS DESIGNED TO TAKE HIGH POTENTIAL EMPLOYEES TO THE NEXT LEVEL THROUGH A PROCESS OF PERSONAL DEVELOPMENT. THIS PROGRAM IS CONDUCTED WITH THE UNIVERSITY OF VIRGINIA DARDEN SCHOOL OF BUSINESS.WEBINARS TO PROVIDE ESSENTIAL EDUCATION AND PERSONAL DEVELOPMENT NEEDED IN A SPECIFIC SUBJECT AREA.
THE IFDA PARTNERS EXECUTIVE FORUM:THE IFDA PARTNERS EXECUTIVE FORUM PROVIDES THE OPPORTUNITY FOR TOP-TO-TOP STRATEGIC DISCUSSIONS BETWEEN FOODSERVICE DISTRIBUTORS AND THEIR SUPPLIERS. IT WAS HELD JANUARY 31-FEB 2, 2022, WITH 660 ATTENDEES.
IFDA TRUCK DRIVING CHAMPIONSHIP:TRUCK DRIVING CHAMPIONSHIPS HELP REDUCE LOSSES, IMPROVE MORALE, AND PROMOTE SAFETY. THIS IS THE ONLY NATIONAL-LEVEL COMPETITION HELD FOR THE FOOD DISTRIBUTION INDUSTRY. DRIVERS REPRESENTING FOODSERVICE DISTRIBUTORS, FOODSERVICE MANUFACTURERS WITH PRIVATE FLEETS, RETAIL/WHOLESALE DISTRIBUTORS, SELF-DISTRIBUTING RETAIL SUPERMARKET COMPANIES, AND OTHER TYPES OF FOOD COMPANIES ACROSS NORTH AMERICA GATHER TO COMPETE EACH YEAR. IT IS A THREE-PART COMPETITION RECOGNIZING DRIVER SAFETY, KNOWLEDGE, AND SKILLS. THIS EVENT WAS HELD OCTOBER 20-22, 2022, IN ORLANDO, FL, WITH A TOTAL OF 492 DRIVERS AND ATTENDEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark S Allen Jr President/ceo | Officer | 40 | $1,027,876 |
Theresa K Kessler Vp, Finance & Administration | Officer | 40 | $223,673 |
Malathi Krishnamoorti Vp, Government Affairs | Officer | 40 | $261,310 |
Lisa Broyhill Vp, Industry Relations | Officer | 40 | $235,599 |
Meghan Cieslak Director, Marketing & Comms | 40 | $166,353 | |
Annika Stensson Director, Rsrch & Industry Insights | 40 | $149,535 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $6,806,575 |
| Investment income | $466,935 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $456,831 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,730,341 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $850 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,993,265 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,095,029 |
| Pension plan accruals and contributions | $135,079 |
| Other employee benefits | $156,950 |
| Payroll taxes | $173,363 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $141,105 |
| Fees for services: Accounting | $26,630 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $77,020 |
| Fees for services: Other | $768,296 |
| Advertising and promotion | $41,733 |
| Office expenses | $214,308 |
| Information technology | $316,930 |
| Royalties | $0 |
| Occupancy | $272,468 |
| Travel | $118,720 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,365,075 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $112,252 |
| Insurance | $35,265 |
| All other expenses | $0 |
| Total functional expenses | $7,093,659 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,614,664 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $87,719 |
| 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 | $246,862 |
| Net Land, buildings, and equipment | $545,474 |
| Investments—publicly traded securities | $16,330,262 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,989,634 |
| Total assets | $20,814,615 |
| Accounts payable and accrued expenses | $578,549 |
| Grants payable | $0 |
| Deferred revenue | $3,273,291 |
| 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 | $2,493,050 |
| Total liabilities | $6,344,890 |
| Net assets without donor restrictions | $14,469,725 |
| 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 | $20,814,615 |
Grants Awarded
Over the last fiscal year, International Foodservice Distributors Association Inc has awarded $30,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WAYNE STATE UNIVERSITY PURPOSE: ESTABLISHED A COLLEGIATE SCHOLARSHIP ENDOWMENT FUND. | $25,000 |
TRUMP FOR AMERICA INC PURPOSE: SEE SCH I, PART IV | $5,000 |