Fine Chocolate Industry Association is located in Hamilton, MT. The organization was established in 2014. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fine Chocolate Industry 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.
For the year ending 12/2021, Fine Chocolate Industry Association generated $165.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $227.7k during the year ending 12/2021. While expenses have increased by 11.9% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
FINE CHOCOLATE INDUSTRY ASSOCIATION (FCIA) IS A PROFESSIONAL NON-PROFIT ORGANIZATION REPRESENTING THE FINE CHOCOLATE INDUSTRY. THE MISSION IS TO PROMOTE QUALITY, INNOVATIONS, ETHICAL SOURCING, AND BEST PRACTICES IN THE FINE CHOCOLATE INDUSTRY FROM TREE TO BAR AND BONBON. FCIA ACHIEVES THIS BY:BUILDING A COMMUNITY OF MEMBERS ALONG THE ENTIRE CACAO VALUE CHAINCELEBRATING AND PROMOTING OUR MEMBERS WORKSUPPORTING ETHICAL SOURCING OF CACAO AND OTHER INGREDIENTSBECOMING THE VOICE OF FINE CHOCOLATE TO THE MEDIA REGARDING GROWING, PRODUCTION AND CONSUMPTION OF CHOCOLATE.SHARING INFORMATION FOR CHOCOLATE PROFESSIONALS ON BEST PRACTICES, INGREDIENTS, PROCESSING, EQUIPMENT AND TECHNOLOGY.SUPPORT THE DEFINING OF INDUSTRY STANDARDS FOR FINE CACAO, CHOCOLATE PRODUCTION AND USE, SENSORY ANALYSIS AND QUALITY INGREDIENTS.CONTRIBUTE TO IMPROVING THE ECONOMIC PROSPECTS OF SMALLHOLDER CACAO FARMERSBUILDING PARTNERSHIPS TO STRENGTHEN THE VALUE CHAIN AND PRESERVE FINE CACAO VARIETIES.IN 2021 WE CONTINUED TO DELIVER PROGRAMMING VIRTUALLY THROUGH WEBINARS, LAUNCHED CHOCOLATE BREAK, A NEW LIVE SOCIAL MEDIA INITIATIVE GEARED TOWARDS EDUCATING CONSUMERS ABOUT OUR MEMBERS PRODUCTS. ADDITIONALLY WE CONTINUED TO WORK WITH USAID AND USDA ON TWO INITIATIVES TSIRO ALLIANCE AND MOCCA. TSIRO ALLIANCEFCIA ALONG WITH USAID, CATHOLIC RELIEF SERVICES (CRS), AND A GROUP OF INTERNATIONAL COMPANIES WORKING IN CACAO AND SPICES JOINED FORCES TO HELP ADDRESS SOME OF MADAGASCARS CRITICAL ENVIRONMENTAL AND ECONOMIC PROBLEMS, WITH THE CREATION OF THE TSIRO ALLIANCE. THE ALLIANCE FOCUSES ON CONSERVING BIODIVERSITY AND IMPROVING THE LIVELIHOODS OF SMALLHOLDER CACAO AND SPICE FARMERS TO SUPPORT AGROFORESTRY SYSTEMS, AND ENHANCING BIODIVERSITY IN MADAGASCAR. THIS PUBLIC-PRIVATE PARTNERSHIP WILL INVEST IN DIVERSIFYING INCOME STREAMS, USING CLIMATE-SMART AGRICULTURE TECHNIQUES, AND REASSERTING THE VALUE OF HEALTHY TREES AND ECOSYSTEMS TO SUPPORT MADAGASCARS FRAGILE ECOSYSTEM. THE FINE CHOCOLATE INDUSTRY ASSOCIATION (FCIA) LINKS TO A GLOBAL NETWORK OF EXPERTS AND CONSUMER TOUCHPOINTS.MOCCAMOCCA, WHICH STANDS FOR MAXIMIZING OPPORTUNITIES FOR COFFEE AND CACAO IN THE AMERICAS, IS A JOINT EFFORT BETWEEN USDA, LUTHERAN WORLD RELIEF, TECHNOSERVE AND FCIA. THE MOCCA PROGRAM FOCUSES ON APPLYING MARKET SOLUTIONS TO HELP COFFEE AND COCOA PRODUCERS OVERCOME THE BARRIERS THAT LIMIT THEIR ABILITY TO RENOVATE AND REHABILITATE THEIR PLANTATIONS, IMPROVING THEIR PRODUCTION YIELDS, MARKETING CAPABILITIES, INCOME AND LIVELIHOODS. FCIA WORKS WITH MOCCA TO PROVIDE TRAINING FOR FARMERS AS WELL AS COMMUNICATION ON FLAVOR PROFILES TO PROSPECTIVE BUYERS OF FINE FLAVOR CACAO.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bill Guyton Exec Director | 40 | $60,000 | |
Ephi Maglaris Events/ops Mgr | 40 | $30,500 | |
Daniel Domingo Sec/treas | 2 | $0 | |
Jean Thompson Director | 1 | $0 | |
Laura Santo Director | 1 | $0 | |
Lauren Adler Vice President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $70,605 |
Total Program Service Revenue | $0 |
Membership dues | $95,165 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $165,770 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $97,626 |
Professional fees and other payments to independent contractors | $57,679 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $357 |
Other expenses | $71,999 |
Total expenses | $227,661 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $138,494 |
Other assets | $0 |
Total assets | $138,494 |
Total liabilities | $96,921 |
Net assets or fund balances | $41,573 |
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