Skip to content
Nonprofiteer
← NORTH AMERICAN ASSOCIATION OF FOOD EQUIPMENT MANUFACTURERS

Form 990 for tax year 2025

Filed by NORTH AMERICAN ASSOCIATION OF FOOD EQUIPMENT MANUFACTURERS.

Totals

Total revenue
$18,832,036
Total expenses
$13,417,101
Contributions and grants received
$0
Grants paid
$410,000
Program service revenue
$17,371,811
Investment income
$1,460,225
Other revenue
$0
Total assets, end of year
$30,678,944
Total liabilities, end of year
$2,188,740
Net assets or fund balances, end of year
$28,490,204
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: TRADESHOW

    total $16,162,587 · related or exempt $16,162,587

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $1,035,555 · related or exempt $1,035,555

  • 2f · All other program service revenue

    total $173,669 · related or exempt $173,669

  • 3 · Investment income

    total $930,402 · excluded $930,402

  • 7a · Gross sales of assets other than inventory

    securities $1,696,614

  • 7b · Less cost or other basis and sales expenses

    securities $1,166,791

  • 7c · Gain or loss

    securities $529,823

  • 7d · Net gain or loss

    total $529,823 · excluded $529,823

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $410,000

  • 5 · Compensation of officers, directors and key employees

    total $878,117

  • 7 · Other salaries and wages

    total $779,643

  • 8 · Pension plan contributions

    total $34,551

  • 9 · Other employee benefits

    total $35,734

  • 10 · Payroll taxes

    total $97,132

  • 11a · Fees: management

    total $981,888

  • 11b · Fees: legal

    total $160,290

  • 11c · Fees: accounting

    total $29,550

  • 11f · Fees: investment management

    total $46,303

  • 11g · Fees: other

    total $2,440,034

  • 12 · Advertising and promotion

    total $1,529,159

  • 13 · Office expenses

    total $154,148

  • 14 · Information technology

    total $898,381

  • 16 · Occupancy

    total $226,660

  • 17 · Travel

    total $162,606

  • 19 · Conferences, conventions and meetings

    total $3,881,430

  • 22 · Depreciation, depletion and amortization

    total $43,372

  • 23 · Insurance

    total $141,806

  • 24a · Other expenses: BANK & CREDIT CARD FEES

    total $289,554

  • 24e · All other expenses

    total $196,743

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $11,780,031 · end of year $3,784,829

  • 4 · Accounts receivable

    beginning of year $1,015 · end of year $15,508

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,002,922 · end of year $850,330

  • 10a · Land, buildings and equipment: cost or other basis

    $670,760

  • 10b · Land, buildings and equipment: accumulated depreciation

    $450,007

  • 10c · Land, buildings and equipment, net

    beginning of year $264,125 · end of year $220,753

  • 11 · Investments: publicly traded securities

    beginning of year $22,195,756 · end of year $25,064,727

  • 15 · Other assets

    beginning of year $804,304 · end of year $742,797

  • 17 · Accounts payable and accrued expenses

    beginning of year $622,623 · end of year $218,864

  • 19 · Deferred revenue

    beginning of year $15,721,063 · end of year $979,263

  • 25 · Other liabilities

    beginning of year $1,131,673 · end of year $990,613

  • 27 · Net assets without donor restrictions

    beginning of year $21,572,794 · end of year $28,490,204

Mission and programs · 2025

Mission

NAFEM IS A NOT-FOR-PROFIT TRADE ASSOCIATION REPRESENTING OVER 500 COMMERCIAL FOODSERVICE EQUIPMENT AND SUPPLIES MANUFACTURERS DEDICATED TO DRIVING SUCCESS AND FORWARD PROGRESS AMONG ITS MEMBER COMPANIES AND PROVIDING LEADERSHIP TO ADVANCE THE GLOBAL FOODSERVICE EXPERIENCE.

Activities or mission (Part I)

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

  • 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.

As filed on the 2025 return.

Listed in Part VII

  • Steve Spittle

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Eva-Marie Fox

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    1
  • Greg Baggott

    SECRETARY-TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Josh Callahan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joe Carcione

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lorne Deacon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Fogarty

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ted Gravenhorst Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Greg Hake

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Stephanie Luros-Gilbert

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lucy McQuillan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Will Means

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Richard Packer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Deirdre Flynn

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $447,027
    From this org
    $385,318
    From related orgs
    $0
    Other
    $61,709
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $354,318
    Bonus
    $0
    Other
    $31,000
    Deferred
    $20,208
    Nontaxable benefits
    $41,501
    Filer's total
    $447,027
  • Amy Rayl

    CHIEF FINANCIAL OFFICER

    Total calculated
    $141,952
    From this org
    $130,562
    From related orgs
    $0
    Other
    $11,390
    Hours/week
    40
  • Charlie Souhrada

    VP, REGULATORY & TECHNICAL AFFAIRS

    Total calculated
    $289,138
    From this org
    $246,266
    From related orgs
    $0
    Other
    $42,872
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,416
    Bonus
    $0
    Other
    $17,850
    Deferred
    $12,960
    Nontaxable benefits
    $29,912
    Filer's total
    $289,138
  • Felicia Jaeger

    DIRECTOR, REGULATORY & TECHNICAL AFFAIRS

    Total calculated
    $219,117
    From this org
    $203,466
    From related orgs
    $0
    Other
    $15,651
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,466
    Bonus
    $0
    Other
    $31,000
    Deferred
    $10,379
    Nontaxable benefits
    $5,272
    Filer's total
    $219,117
  • Alice Konopasek

    DIRECTOR, BRAND MARKETING

    Total calculated
    $181,342
    From this org
    $148,325
    From related orgs
    $0
    Other
    $33,017
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $128,360
    Bonus
    $0
    Other
    $19,965
    Deferred
    $7,806
    Nontaxable benefits
    $25,211
    Filer's total
    $181,342
  • Celeste Fuchs

    DIRECTOR, MEMBER ENGAGEMENT

    Total calculated
    $126,741
    From this org
    $117,085
    From related orgs
    $0
    Other
    $9,656
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2025
Filed
15 May 2026
IRS schema version
2025v4.1
Source object
202601399349300025

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.