International Food Service Editorial Council
- Assets
- $558.7k
- Revenue
- $190.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Pleasant Valley, NY
- Founding
- 07/1972
- Data as of
- 12/2021
- EIN
- 23-7176606
Organization Overview
International Food Service Editorial Council is located in Pleasant Valley, NY. The organization was established in 1972. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., 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. International Food Service Editorial Council 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 12/2021, International Food Service Editorial Council generated $190.9k 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 (4.5%) each year. All expenses for the organization totaled $250.7k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A FORUM FOR PROFESSIONAL DEVELOPMENT AND DISCUSSION OF ISSUES RELEVANT TO THE FOODSERVICE INDUSTRY IN ORDER TO IMPROVE THE QUALITY OF BUSINESS-TO-BUSINESS COMMUNICATIONS WITHIN THE FOODSERVICE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCE AND PRODUCT PRESENTATIONS PROVIDE A FORUM FOR DISCUSSION OF ISSUES OF SIGNIFICANT IMPORTANCE TO THE FOOD SERVICE MARKET, ENCOURAGE PROFESSIONAL DEVELOPMENT, INTRODUCE NEW PRODUCTS AND DEMONSTRATE NEW USES FOR FAMILIAR PRODUCTS, EXCHANGE IDEAS FOR CONTENT AND TECHNIQUES FOR IMPROVING THE QUALITY OF BUSINESS-TO-BUSINESS COMMUNICATIONS WITHIN THE FOODSERVICE INDUSTRY.
SCHOLARSHIP PROGRAM TO ENCOURAGE INTEREST IN CAREERS IN FOOD SERVICE COMMUNICATIONS.
ATTENDENCE AND RECEPTION AT THE NATIONAL RESTAURANT ASSOCIATION PROVIDES A FORUM TO DEMONSTRATE ORGANIZATION'S EFFORTS TO IMPROVE THE QUALITY OF BUSINESS-TO-BUSINESS COMMUNICATIONS WITHIN THE FOODSERVICE INDUSTRY.
FIRST COURSE IS A SERIES OF EDUCATIONAL SEMINARS AND SPEAKERS FOR MEMBERS.IFEC MEMBERS PAY ANNUAL DUES IN EXCHANGE FOR SERVICES THAT INCLUDE A MEMBER DIRECTORY; INFORMATION ABOUT PUBLICATIONS, PRODUCTS AND SERVICES OF IMPORTANCE TO THE FOODSERVICE INDUSTRY; A NEWSLETTER; AN ANNUAL NETWORKING EVENT DURING THE NATIONAL RESTAURANT ASSOCIATION SHOW, AS WELL AS A CONFERENCE AND A WEBSITE. THE CONFERENCE AND WEBSITE OFFER PROFESSIONAL DEVELOPMENT PROGRAMS AND OPPORTUNITIES TO SHARE IDEAS AND COLLABORATE ON THE DEVELOPMENT OF EDITORIAL AND EDUCATIONAL INFORMATION FOR THE INDUSTRY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Nicole Duncan President | OfficerTrustee | 0.4 | $0 |
Avery Lewis Vice President | OfficerTrustee | 0.4 | $0 |
Liz Anderson Slobodian Treasurer | OfficerTrustee | 0.6 | $0 |
Megan Mckenna Secretary | OfficerTrustee | 0.2 | $0 |
Kelsey Casselbury Immediate Past President | Officer | 2 | $0 |
Jennifer Mac Kay Executive Director | Officer | 40 | $0 |
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 | $129,485 |
| Investment income | $36,239 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $25,141 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $190,865 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| Grants and other assistance to domestic individuals. | $16,300 |
| 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 | $135,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,195 |
| Fees for services: Other | $0 |
| Advertising and promotion | $102 |
| Office expenses | $854 |
| Information technology | $3,770 |
| 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 | $79,229 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,263 |
| All other expenses | $0 |
| Total functional expenses | $250,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $51,269 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $507,453 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $558,722 |
| 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 | $2,058 |
| Total liabilities | $2,058 |
| 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 | $556,664 |
| Total liabilities and net assets/fund balances | $558,722 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chester County Food Bank Exton, PA | $14,718,999 | $9,745,576 |
Model Organic Farm Foundation New York, NY | $4,881,242 | $2,948,859 |
Refed Inc Long Island City, NY | $3,245,213 | $3,044,504 |
White Feather Farm Inc Saugerties, NY | $1,952,913 | $1,416,686 |
Just Roots Inc Greenfield, MA | $647,871 | $1,682,213 |
Vermont Farm-To-School Inc Newport, VT | $358,429 | $1,076,171 |
White Feather Forest Inc Saugerties, NY | $359,824 | $75,416 |
Marthas Vineyard Chamber Of Vineyard Haven, MA | $828,061 | $1,239,332 |
Common Market Mid-Atlantic Incorporated Philadelphia, PA | $1,938,202 | $6,499,769 |
Pitney Meadows Community Farm Inc Saratoga Springs, NY | $3,433,291 | $1,027,311 |
Connecticut Restaurant Association Inc Farmington, CT | $762,471 | $846,615 |
Common Ground Farm Inc Beacon, NY | $214,026 | $737,294 |