American Frozen Food Institute
- Assets
- $8.9m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 13
- Location
- Culpeper, VA
- Founding
- 11/1942
- Data as of
- 12/2023
- EIN
- 53-0114635
Organization Overview
American Frozen Food Institute, operating under the name Affi, is located in Culpeper, VA. The organization was established in 1942. According to its NTEE Classification (K01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2023, Affi employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Affi 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 12/2023, Affi generated $5.5m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $5.4m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
AFFI IS THE MEMBERDRIVEN NATIONAL TRADE ASSOCIATION THAT ADVANCES THE INTEREST OF ALL SEGMENTS OF THE FROZEN FOOD AND BEVERAGE INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFFI WAS THE INDUSTRY LEADER IN MITIGATING REGULATORY AND FOOD SAFETY RISKS FOR THE FROZEN FOOD INDUSTRY IN 2023. BY CONTINUOUSLY ENGAGING WITH THE U.S. FOOD & DRUG ADMINISTRATION (FDA), CAPITOL HILL AND DISSEMINATING FOOD SAFETY BEST PRACTICES, AFFI ACTED TO IMPROVE PUBLIC HEALTH AND REDUCE REGULATORY DISRUPTIONS TO THE BUSINESS OPERATIONS OF OUR MEMBERS. DURING THE YEAR, AFFI FOCUSED ON LISTERIA MONOCYTOGENES, ENTERIC VIRUSES PREVENTION AND FOOD TRACEABILITY REGULATORY ISSUES.
AFFI'S FROZEN FOOD CONVENTION(AFFI-CON) AND OTHER EDUCATIONAL PROGRAMS BROUGHT CUSTOMERS AND SUPPLIERS TOGETHER TO DO BUSINESS FACE TO FACE, DISCUSS CHALLENGES AND OPPORTUNITIES FACING THE INDUSTRY AND TO LEARN FROM EXPERTS.
AFFI CONTINUED TO ENHANCE THE PROFILE OF FROZEN FOOD AMONG MEDIA, POLICYMAKERS AND OPINION LEADERS AND PROVIDE TOOLS FOR BUSINESS DEVELOPMEENT TO THE MEMBERSHIP. IN 2023, AFFI BROUGHT INDUSTRY LEADERS TO CAPITOL HILL FOR THE ANNUAL GOVERNMENT ACTION SUMMIT TO RAISE AWARENESS TO OUR LEGISLATIVE LEADERS OF THE BENEFITS OF FROZEN AND THE IMPORTANCE TO FOOD SAFETY. WITH VARIOUS MEDIA TOOLS, AFFI EXPANDED THE PUBLIC'S AWARENESS OF THE BENEFITS OF FROZEN FOODS TO AN ESTIMATED 2 BILLION READERS. AFFI ALSO LAUNCHED NEW RESEARCH AND RESOURCES TO DRIVE CATEGORY GROWTH THROUGH YEAR-ROUND BUSINESS INSIGHTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julia Sabin Immediate Past Chair | OfficerTrustee | 2 | $0 |
Meghan Swan Board Member | Trustee | 2 | $0 |
Tina Almond Board Member | Trustee | 2 | $0 |
Jeff Varcoe Board Member | OfficerTrustee | 2 | $0 |
Holly Anderson Board Member | Trustee | 2 | $0 |
Tony Shurman Board Member | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hogan & Lovells Legal Services | 12/30/23 | $306,508 |
Breakout Audio Visual Llc Av Services | 12/30/23 | $125,630 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,057,688 |
| 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 | $3,057,688 |
| Total Program Service Revenue | $2,240,703 |
| Investment income | $172,795 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,539,349 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $770,941 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,432,927 |
| Pension plan accruals and contributions | $346,468 |
| Other employee benefits | $272,872 |
| Payroll taxes | $120,597 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $276,324 |
| Fees for services: Accounting | $31,268 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,638 |
| Fees for services: Other | $284,009 |
| Advertising and promotion | $40,007 |
| Office expenses | $24,007 |
| Information technology | $27,526 |
| Royalties | $0 |
| Occupancy | $9,735 |
| Travel | $75,725 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $926,221 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,231 |
| Insurance | $12,621 |
| All other expenses | $121,173 |
| Total functional expenses | $5,356,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $415,192 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,071 |
| 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 | $213,350 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $7,577,536 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $720,996 |
| Total assets | $8,946,145 |
| Accounts payable and accrued expenses | $481,364 |
| Grants payable | $0 |
| Deferred revenue | $2,559,408 |
| 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 | $720,996 |
| Total liabilities | $3,761,768 |
| Net assets without donor restrictions | $5,184,377 |
| 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 | $8,946,145 |