International Fresh Produce Association
- Assets
- $26.7m
- Revenue
- $46.6m
- Investments
- $0.0
- Employees
- 82
- Location
- Newark, DE
- Founding
- Data as of
- 12/2022
- EIN
- 87-3495767
Organization Overview
International Fresh Produce Association is located in Newark, DE. 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. As of 12/2022, International Fresh Produce Association employed 82 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Fresh Produce Association 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.THE INTERNATIONAL FRESH PRODUCE ASSOCIATION IS THE LARGEST AND MOST DIVERSE INTERNATIONAL ASSOCIATION SERVING THE ENTIRE FRESH PRODUCE AND FLORAL SUPPLY CHAIN, AND THE ONLY ASSOCIATION TO SEAMLESSLY INTEGRATE WORLD-FACING ADVOCACY AND INDUSTRY-FACING SUPPORT. WE EXIST TO CREATE A VIBRANT FUTURE FOR ALL, AND TO DO SO WITH THE PRODUCE AND FLORAL INDUSTRY PROSPERITY IN MIND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GLOBAL PRODUCE AND FLORAL SHOW - 20,000 ATTENDEES. THE SHOWS' MAIN OBJECTIVE IS TO INCREASE GLOBAL PRODUCE AND FLORAL CONSUMPTION BY CREATING A COMMUNITY OF NEW IDEAS AND NEW CONNECTIONS. THE GLOBAL PRODUCE & FLORAL SHOW CONNECTS GLOBAL SUPPLY CHAIN PARTNERS, INFORMING THEM OF THE LATEST IN CONSUMER, BUSINESS, AND INDUSTRY TRENDS, AND PROVIDING A FORUM TO DEVELOP BUSINESS SOLUTIONS.
MEMBER RELATIONS - 3000 COMPANY MEMBERS IFPA, AS A VERTICALLY INTEGRATED INTERNATIONAL TRADE ASSOCIATION THAT HAS A VERY DIVERSE MEMBERSHIP BASE WITH MEMBERS REPRESENTING 46 DIFFERENT COUNTRIES AROUND THE WORLD AND ALL SEGMENTS OF THE SUPPLY CHAIN.
FOOD SERVICE CONFERENCE - 2,600+ ATTENDEES FOOD SERVICE CONFERENCE IS IFPA'S SECOND CONFERENCE, TO PROVIDE ACCESS TO IMPORTANT INDUSTRY INFORMATION AND OPPORTUNITIES TO CONNECT TO GROW MEMBERS' PROSPERITY. THE FOOD SERVICE CONFERENCE ASPIRES TO BE AN EVENT FOR THE BROADER FOOD SERVICE INDUSTRY. IN 2022, MANY FOOD SERVICE OPERATORS, DISTRIBUTORS, AND GROWERS' BUSINESSES HAVE BEEN LEFT IN A CRITICAL STATE, SO FOODSERVICE CONFERENCE IS OFFERED COMPLIMENTARY TO PROVIDE ACCESS TO BUSINESS CONNECTIONS AND ENGAGEMENT WITH IMPORTANT INDUSTRY TOPICS TO MOVE THE INDUSTRY FORWARD.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dwight Ferguson Past Chair | OfficerTrustee | 1 | $0 |
Danny Dumas Past Chair | OfficerTrustee | 1 | $0 |
Laura Himes Chair | OfficerTrustee | 1 | $0 |
Bruce Taylor Chair | OfficerTrustee | 1 | $0 |
Patrick Vizzone Executive Director | OfficerTrustee | 1 | $0 |
Trevor Dukes Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Perficient Website Services | 12/30/22 | $343,518 |
Encore Productions Event Labor, Equipment Rental & Rigging | 12/30/22 | $751,851 |
Hyatt Regency Orlando Hotel Services | 12/30/22 | $328,543 |
Information Resources Inc Industry Research | 12/30/22 | $305,000 |
Collide Agency Inc Marketing | 12/30/22 | $304,865 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $67,471 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,137,966 |
| Noncash contributions included in lines 1a–1f | $3,414,306 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,205,437 |
| Total Program Service Revenue | $34,149,487 |
| Investment income | $512,077 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $72,162 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$332,304 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,260 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $46,591,199 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $151,192 |
| 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. | $3,614,103 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,127,561 |
| Pension plan accruals and contributions | $640,142 |
| Other employee benefits | $1,110,406 |
| Payroll taxes | $740,308 |
| Fees for services: Management | $288,709 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $133,026 |
| Fees for services: Other | $2,166,791 |
| Advertising and promotion | $0 |
| Office expenses | $639,123 |
| Information technology | $887,049 |
| Royalties | $0 |
| Occupancy | $528,041 |
| Travel | $982,364 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,827,853 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $535,784 |
| Insurance | $217,353 |
| All other expenses | $0 |
| Total functional expenses | $31,489,863 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,677,360 |
| Savings and temporary cash investments | $3,354,194 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $337,832 |
| 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 | $599,991 |
| Net Land, buildings, and equipment | $1,993,459 |
| Investments—publicly traded securities | $16,575,898 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $337,638 |
| Other assets | $1,804,786 |
| Total assets | $26,681,158 |
| Accounts payable and accrued expenses | $3,905,538 |
| Grants payable | $0 |
| Deferred revenue | $6,139,061 |
| 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 | $2,831,840 |
| Total liabilities | $12,876,439 |
| Net assets without donor restrictions | $13,804,719 |
| 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 | $26,681,158 |
Grants Awarded
Over the last fiscal year, International Fresh Produce Association has awarded $151,192 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FOOD SAFETY CONSULTING & TRAINING SOLUTIONS LLC PURPOSE: ASSIST IFPA WITH PRODUCE INDUSTRY PROGRAM DEVELOPMENT FOR SPANISH NIFA GRANT LISTERIA MONITORING | $27,692 |
THE FOUNDATION FOR FRESH PRODUCE PURPOSE: ASSIST WITH CONFERENCE AND MEETING EXPENSES FOR TFFP | $123,500 |