Food & Beverage Assoc Of America is located in New York, NY. The organization was established in 1991. 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. Food & Beverage Assoc Of America is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUSINESS LEAGUE/TRADE ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE, DEVELOP & MAINTAIN THE GENERAL WELFARE OF THE FOOD & BEVERAGE INDUSTRY AND ENGAGE IN RESEARCH, SCHOLARSHIP GIVING & CHARITABLE ENDEAVORS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daniel W Saalman Treasurer | OfficerTrustee | 8 | $0 |
Teddy Mihaliadis Secretary | OfficerTrustee | 2 | $0 |
Gladys Mouton Di Stefano Chairman | OfficerTrustee | 2 | $0 |
Steven Gattullo President | OfficerTrustee | 8 | $0 |
Philip David Sergeant At Arm | Trustee | 2 | $0 |
Gus Montesantos 2nd Vice Presid | Trustee | 2 | $0 |
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 | $0 |
Investment income | $14,346 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $27,511 |
Net Income from Fundraising Events | $13,473 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $55,330 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $331 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,459 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,290 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,346 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,915 |
All other expenses | $0 |
Total functional expenses | $17,634 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $70,511 |
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 | $1,014 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $380,282 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1 |
Total assets | $451,808 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
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 | $451,808 |
Total liabilities and net assets/fund balances | $451,808 |
Organization Name | Assets | Revenue |
---|---|---|
National Frozen And Refrigerated Foods Association Inc Harrisburg, PA | $9,021,676 | $3,278,446 |
Association Of Food Industries Inc Neptune, NJ | $2,020,025 | $2,208,681 |
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 |
Rutland County Agricultural Society Inc Rutland, VT | $5,963,150 | $568,669 |
Pennsylvania Pork Producers Council Inc Harrisburg, PA | $569,090 | $564,624 |
American Vegan Society Malaga, NJ | $607,122 | $267,283 |
Northeast Organic Dairy Producers Alliance Inc Deerfield, MA | $69,773 | $0 |
Massachusetts Tree Wardens And Foresters Association Inc Norwell, MA | $491,358 | $0 |
Wine And Food Society Inc Bedminster, NJ | $149,147 | $125,874 |
Nutrition And Metabolism Society Inc Brooklyn, NY | $59,974 | $0 |