North American Association Of Food Equipment Manufacturers

Organization Overview

North American Association Of Food Equipment Manufacturers is located in Chicago, IL. The organization was established in 1965. 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 12/2021, North American Association Of Food Equipment Manufacturers employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North American Association Of Food Equipment Manufacturers 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, North American Association Of Food Equipment Manufacturers generated $5.7m 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 (9.0%) each year. All expenses for the organization totaled $7.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, North American Association Of Food Equipment Manufacturers has awarded 17 individual grants totaling $4,678,087. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ADVANCE THE GLOBAL FOODSERVICE EXPERIENCE THROUGH ADVOCACY, EDUCATION, AND RESEARCH

Describe the Organization's Program Activity:

Part 3 - Line 4a

ANNUAL MEETING / TRADESHOW - IN EVEN NUMBER YEARS NAFEM HOSTS AN ANNUAL MEETING AND MANAGEMENT WORKSHOP AND IN ODD NUMBER YEARS NAFEM HOSTS A TRADESHOW. THE NAFEM SHOW IS NORTH AMERICA'S LEADING FOODSERVICE EQUIPMENT AND SUPPLIES SHOWCASE. THESE EVENTS ARE DESIGNED TO KEEP MEMBERS AND INDUSTRY LEADERS INFORMED OF NEW DEVELOPMENTS WITHIN THE FOOD SERVICE INDUSTRY.


MEMBERSHIP AND PROFESSIONAL DEVELOPMENT - NAFEM SPONSORS VARIOUS MARKET STUDIES AND ADVOCATES ON BEHALF OF ITS MEMBERS AND THE BROADER INDUSTRY.


INDUSTRY AND PUBLIC RELATIONS - NAFEM AND ITS MEMBER COMPANIES HAVE DEVELOPED A SOCIAL PURPOSE PLATFORM TO COLLABORATE WITH OTHER ORGANIZATIONS IN AN EFFORT TO HELP THOSE WHO STRUGGLE WITH HUNGER.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Smithbucklin Corporation
Event Management
$648,227
Losasso Integrated Marketing
Marketing Services
$742,179
Barnes & Thornburg Llp
Legal Services
$326,678
Association Technologies Inc
It Services
$209,898
Freeman
Tradeshow Decorator
$307,497
View All Vendors

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$482,533
Investment income $744,234
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,476,481
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,703,248

Grants Awarded

Over the last fiscal year, North American Association Of Food Equipment Manufacturers has awarded $631,362 in support to 4 organizations.

Grant RecipientAmount

Chicago, IL

PURPOSE: PREVENT HUNGER

$491,362

CULINARY INSTITUTE OF AMERICA

Org PageRecipient Profile

Hyde Park, NY

PURPOSE: FUND PROFESSORSHIP

$100,000

MEALS ON WHEELS AMERICA

Org PageRecipient Profile

Arlington, VA

PURPOSE: PREVENT HUNGER

$30,000

WORLD CENTRAL KITCHEN INC

Org PageRecipient Profile

Washington, DC

PURPOSE: PREVENT HUNGER

$10,000
View Grant Profile

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