Global Cold Chain Alliance Inc
- Assets
- $6.2m
- Revenue
- $6.1m
- Investments
- $0.0
- Employees
- 20
- Location
- Arlington, VA
- Founding
- 10/1942
- Data as of
- 12/2022
- EIN
- 53-0114693
Organization Overview
Global Cold Chain Alliance Inc is located in Arlington, VA. The organization was established in 1942. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Global Cold Chain Alliance Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Cold Chain Alliance 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, Global Cold Chain Alliance Inc generated $6.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $6.0m during the year ending 12/2022. While expenses have increased by 5.2% per year over the past 7 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
PROMOTE EXCELLENCE IN THE GLOBAL TEMPERATURE-CONTROLLED WAREHOUSE AND LOGISTICS INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMITTEE MEETINGS - VARIOUS PLANNING AND EXECUTIVE INDUSTRY-RELATED PROJECTS.
DIRECTORY PUBLICATION - DIRECTORY OF ALL MEMBERS LOCATIONS AND OTHER PERTINENT INFORMATION.
THE IARW-WFLO CONVENTION WAS HELD FACE-TO-FACE IN 2022. THE EVENT TOOK PLACE IN OMNI LA COSTA IN CARLSBAD, CALIFORNIA FROM OCTOBER 8-12 AND ATTRACTED OVER 350 ATTENDEES AS WELL AS 35 EXHIBITORS. THE THREE-DAY NETWORKING AND EDUCATION EVENT WAS ATTENDED BY SENIOR-LEVEL EXECUTIVES FROM THE TEMPERATURE-CONTROLLED LOGISTICS INDUSTRY. IARW ALSO HOSTED A VIRTUAL POLICY FORUM IN JULY 2022 THAT FOCUSED ON GLOBAL COLD CHAIN ADVOCACY ISSUES AND ATTRACTED OVER 250 PARTICIPANTS. DUE TO STRICT COVID POLICIES IN WASHINGTON, DC, THE ORGANIZATION TOOK THE OPPORTUNITY TO REACH A GLOBAL AUDIENCE AND CONDUCT THE POLICY FORUM VIRTUALLY. IN 2023, THE EVENT WILL GO BACK TO BEING FACE-TO-FACE. IN ADDITION, THE FOLLOWING EVENTS WERE ALSO HELD FACE IN 2022 THE EUROPEAN COLD CHAIN CONFERENCE (ROTTERDAM, NETHERLANDS/MARCH/150 ATTENDEES), LATIN AMERICAN COLD CHAIN CONGRESS (BOGOTA, COLOMBIA/NOVEMBER/100 ATTENDEES), BRAZILIAN COLD CHAIN CONGRESS (SAO PAOLO/OCTOBER/100 ATTENDEES) AND THE FIRST AFRICAN COLD CHAIN CONFERENCE (CAPE TOWN, SOUTH AFRICA/AUGUST/110 PEOPLE). LASTLY, THE IARW BOARD WAS ALSO ABLE TO MEET FACE-TO-FACE IN APRIL 2022 FOR ITS ANNUAL STRATEGIC BOARD MEETING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Ott President And CEO | Officer | 23 | $446,830 |
Megan Costello Evp Chief Of Staff | Officer | 40 | $255,380 |
Brian Lynch Evpbusiness Development | Officer | 40 | $243,580 |
Lowell Randel SVP Gov & Legal Affairs | Officer | 40 | $226,830 |
Adam Thocher SVP Global Programs & Insigh | Officer | 40 | $219,969 |
James Rogers VP Of Business Development | Officer | 40 | $143,580 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lixia Capsia Gestionis Wflo Projects | 12/30/22 | $457,087 |
Modern Litho Design Work | 12/30/22 | $108,638 |
Fusionspan Software | 12/30/22 | $221,650 |
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 | $135,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,500 |
| Total Program Service Revenue | $5,731,392 |
| Investment income | $75,585 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $118,245 |
| 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 | $6,082,942 |
| 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. | $1,669,957 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $554,490 |
| Pension plan accruals and contributions | $226,348 |
| Other employee benefits | $193,317 |
| Payroll taxes | $156,004 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $51,946 |
| Fees for services: Accounting | $17,821 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,561 |
| Fees for services: Other | $747,901 |
| Advertising and promotion | $0 |
| Office expenses | $283,749 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $103,201 |
| Travel | $40,247 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $982,339 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $87,615 |
| Insurance | $2,806 |
| All other expenses | $160,336 |
| Total functional expenses | $6,000,384 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $335,439 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $235,923 |
| 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 | $259,133 |
| Net Land, buildings, and equipment | $1,214,908 |
| Investments—publicly traded securities | $3,060,480 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,104,395 |
| Total assets | $6,210,278 |
| Accounts payable and accrued expenses | $1,192,046 |
| Grants payable | $0 |
| Deferred revenue | $824,332 |
| 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 | $86,794 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,637,614 |
| Total liabilities | $3,740,786 |
| Net assets without donor restrictions | $2,430,751 |
| Net assets with donor restrictions | $38,741 |
| 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 | $6,210,278 |