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Nonprofiteer
← FOOD MARKETPLACE INC

Form 990 for tax year 2023

Filed by FOOD MARKETPLACE INC.

Totals

Total revenue
$38,111,657
Total expenses
$35,135,461
Contributions and grants received
$35,000
Grants paid
$0
Program service revenue
$33,465,292
Investment income
$1,278,684
Other revenue
$3,332,681
Total assets, end of year
$82,302,168
Total liabilities, end of year
$30,759,405
Net assets or fund balances, end of year
$51,542,763
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.

  • 1d · Related organizations

    $35,000

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $14,832,177 · related or exempt $14,832,177

  • 2b · Program service revenue: REGISTRATION FEES

    total $13,521,775 · related or exempt $13,521,775

  • 2c · Program service revenue: EXHIBIT SALES

    total $2,117,005 · excluded $2,117,005

  • 2d · Program service revenue: SPONSORSHIPS

    total $1,905,222 · related or exempt $1,905,222

  • 2e · Program service revenue: LICENSE FEES/COMM.

    total $892,321 · related or exempt $892,321

  • 2f · All other program service revenue

    total $196,792 · related or exempt $196,792

  • 3 · Investment income

    total $467,960 · excluded $467,960

  • 5 · Royalties

    total $2,034,692 · excluded $2,034,692

  • 6a · Gross rents

    real property $213,516

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $213,516

  • 6d · Net rental income or loss

    total $213,516 · excluded $213,516

  • 7a · Gross sales of assets other than inventory

    securities $2,504,921

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

    securities $1,694,197

  • 7c · Gain or loss

    securities $810,724

  • 7d · Net gain or loss

    total $810,724 · excluded $810,724

  • 10a · Gross sales of inventory

    $55,365

  • 10b · Cost of goods sold

    $12,117

  • 10c · Net income from sales of inventory

    total $43,248 · related or exempt $43,248

  • 11a · Other revenue: ADMINISTRATIVE FEE

    total $423,237 · excluded $423,237

  • 11b · Other revenue: CREDIT CARD SURCHARGE

    total $333,092 · excluded $333,092

  • 11c · Other revenue: MISCELLANEOUS

    total $284,896 · excluded $284,896

  • 11e · Other revenue, total

    $1,041,225

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $7,268,709

  • 7 · Other salaries and wages

    total $9,324,935

  • 8 · Pension plan contributions

    total $1,300,364

  • 9 · Other employee benefits

    total $715,788

  • 10 · Payroll taxes

    total $816,593

  • 11b · Fees: legal

    total $524,167

  • 11c · Fees: accounting

    total $66,232

  • 11f · Fees: investment management

    total $200,476

  • 11g · Fees: other

    total $4,049,419

  • 12 · Advertising and promotion

    total $170,142

  • 13 · Office expenses

    total $735,703

  • 14 · Information technology

    total $747,424

  • 15 · Royalties

    total $1,173,820

  • 16 · Occupancy

    total $2,271,970

  • 17 · Travel

    total $680,892

  • 19 · Conferences, conventions and meetings

    total $2,995,617

  • 20 · Interest

    total $1,783

  • 22 · Depreciation, depletion and amortization

    total $652,829

  • 23 · Insurance

    total $226,246

  • 24a · Other expenses: DUES & REGISTRATION

    total $596,385

  • 24b · Other expenses: EXCISE TAX

    total $470,114

  • 24c · Other expenses: AWARDS

    total $65,650

  • 24d · Other expenses: PRINTING & DESIGN

    total $49,534

  • 24e · All other expenses

    total $30,669

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,086,808 · end of year $5,331,522

  • 2 · Savings and temporary cash investments

    beginning of year $3,901,223 · end of year $4,558,605

  • 4 · Accounts receivable

    beginning of year $1,072,513 · end of year $1,294,778

  • 8 · Inventories for sale or use

    beginning of year $38,870 · end of year $37,548

  • 9 · Prepaid expenses and deferred charges

    beginning of year $611,299 · end of year $946,913

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

    $10,418,053

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

    $7,305,947

  • 10c · Land, buildings and equipment, net

    beginning of year $3,126,173 · end of year $3,112,106

  • 11 · Investments: publicly traded securities

    beginning of year $47,409,971 · end of year $55,845,634

  • 15 · Other assets

    beginning of year $12,321,711 · end of year $11,175,062

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,155,677 · end of year $3,229,747

  • 19 · Deferred revenue

    beginning of year $4,349,422 · end of year $6,551,140

  • 25 · Other liabilities

    beginning of year $23,240,896 · end of year $20,978,518

  • 27 · Net assets without donor restrictions

    beginning of year $40,822,573 · end of year $51,542,763

Mission and programs · 2023

Mission

REPRESENTING FOOD RETAILERS, WHOLESALERS, AND THE INDUSTRY SUPPLIERS, THE FOOD MARKETPLACE INC. (FMI) DEVELOPS AND PROMOTES POLICIES, PROGRAMS AND FORUMS SUPPORTING ITS MEMBERS, AND THEIR CUSTOMERS, IN THE AREAS OF: GOVERNMENT RELATIONS, FOOD SAFETY AND DEFENSE, PUBLIC AND CONSUMER INFORMATION, RESEARCH AND EDUCATION, INDUSTRY COOPERATION. BY PURSUING THESE ACTIVITIES, FMI PROVIDES LEADERSHIP AND ADVOCACY FOR THE FOOD DISTRIBUTION INDUSTRY WORLDWIDE AS THE INDUSTRY INNOVATES TO MEET THE NEEDS OF CHANGING CONSUMERS.

Activities or mission (Part I)

TO REPRESENT, EDUCATE, AND IMPROVE THE FOOD INDUSTRY.

  • SAFE QUALITY FOODS INSTITUTE (SQFI) - CREATED TO BE THE SINGLE MOST TRUSTED SOURCE OF GLOBAL FOOD SAFETY AND QUALITY CERTIFICATION. SQFI PROVIDES INFORMATION, TRAINING AND CERTIFICATION IN FOOD SAFETY BASED ON RECOGNIZED STANDARDS.

  • EVENTS - FMI HOLDS EVENTS ATTENDED BY MANY PEOPLE IN THE FOOD INDUSTRY INCLUDING RETAILERS, MANUFACTURERS, STUDENTS AND EDUCATORS. THE EVENTS ARE HELD AS A MEETING PLACE TO EXCHANGE IDEAS AND TO PROVIDE EDUCATION TO THE ATTENDEES.

  • GOVERNMENT RELATIONS- FMI'S GOVERNMENT RELATIONS PROGRAM WAS CREATED TO SERVE AS AN INFORMATION, ADVOCACY AND EDUCATION RESOURCE ON FEDERAL AND STATE GOVERNMENT RELATIONS ISSUES IMPORTANT TO THE FOOD INDUSTRY. THE GOVERNMENT RELATIONS PROGRAM IDENTIFIES, MONITORS AND ADVOCATES LEGISLATIVE AND REGULATORY POLICY IDENTIFIED AS PRIORITY ITEMS AND COMMUNICATES UPDATES AND ACTION ITEMS TO THE FMI BOARD AND THE MEMBERSHIP.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Brian George

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Susan D Morris

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Joseph S Colalillo

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Reynolds Cramer

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • J Alexander M Douglas Jr

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Oscar Gonzalez

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • John Najjar

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Tony Sarsam

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Twyla Bailey

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Randy Edeker

    PAST CHAIR (AS OF 1/2023)

    Total calculated
    $0
    Hours/week
    1
  • Jerel Golub

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Needler Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steve Presley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lauri Youngquist

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Stuart Aitken

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nick Albrecht

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Alston

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Maria Ayres

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robert W Baesler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Ball

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Edward Basha III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Craig Boyan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael A Bozzuto

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brad W Brookshire

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Chris Coborn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Derderian

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Timothy M Devanney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rudy Dory

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Wesley Eubanks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tim Figge

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Louis Fisher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Don Fitgerald

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tony Gavin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Shane Grant

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Greg Gregerson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Hardiman-Evans

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Thomas Heinen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Anthony Hucker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robert P Ingle II

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dean Janeway Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Darrell Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Todd Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Noah Katz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gregory Longstreet

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brandt C Louie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Russell T Lund III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Norman C Mayne

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rob McDougall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Hendrik Meijer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Mitchell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steven Oakland

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Omar G Jorge Pena

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Arthur Potash

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Jason Potter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Potthoff

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Patrick Raybould

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Richard L Riesbeck

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Ross

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Todd R Schnuck

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jack Sinclair

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Randall J Skoda

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Skogen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Sleeper

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Carlos A Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steven C Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Smucker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mike Stone

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Russ Torres

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tobias Wasmuht

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Colleen J Wegman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jonathan Weis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steven Williams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rick Wright

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ari Labell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Patrick Meehan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Oli Morton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Jon Nudi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Neil Stern

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jim Wispinski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Cory Onell

    DIRECTOR (AS OF 1/2023)

    Total calculated
    $0
    Hours/week
    1
  • David Rice

    DIRECTOR (AS OF 1/2023)

    Total calculated
    $0
    Hours/week
    1
  • John Bagan

    DIRECTOR (AS OF 1/2023)

    Total calculated
    $0
    Hours/week
    1
  • Chris Foley

    DIRECTOR (AS OF 1/2023)

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Sean McMenamin

    DIRECTOR (AS OF 1/2023)

    Total calculated
    $0
    Hours/week
    1
  • Melody Richard

    DIRECTOR (AS OF 1/2023)

    Total calculated
    $0
    Hours/week
    1
  • David Parry

    DIRECTOR (AS OF 1/2023)

    Total calculated
    $0
    Hours/week
    1
  • Bill Artman

    DIRECTOR (AS OF 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • John Conlin

    DIRECTOR (AS OF 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Michael D'Amour

    DIRECTOR (AS OF 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Greg Edenfield

    DIRECTOR (AS OF 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Jerry W Fleeman Jr

    DIRECTOR (AS OF 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • John Hall

    DIRECTOR (AS OF 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Jason Hart

    DIRECTOR (AS OF 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Dan Funk

    DIRECTOR (AS OF 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Michael C Stigers

    DIRECTOR (AS OF 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Eric Winn

    DIRECTOR (AS OF 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Deb Conklin

    DIRECTOR (AS OF 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Dave Peacock

    DIRECTOR (AS OF 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Matt Gregory

    DIRECTOR (AS OF 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Sarah M Frey

    DIRECTOR (AS OF 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Vinit Patel

    DIRECTOR (AS OF 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Karen Reid

    DIRECTOR (AS OF 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Pamela Stewart

    DIRECTOR (AS OF 9/2023)

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Lisa Roath

    VICE CHAIR (UNTIL 7/2023)

    Total calculated
    $0
    Hours/week
    1
  • Joseph Sheridan

    PAST CHAIR (UNTIL 1/2023)

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • John Laney

    DIRECTOR (UNTIL 1/2023)

    Total calculated
    $0
    Hours/week
    1
  • Neil Kudrinko

    DIRECTOR (UNTIL 3/2023)

    Total calculated
    $0
    Hours/week
    1
  • Laura Karet

    DIRECTOR (UNTIL 3/2023)

    Total calculated
    $0
    Hours/week
    1
  • Chieh Huang

    DIRECTOR (UNTIL 6/2023)

    Total calculated
    $0
    Hours/week
    1
  • Bill Moore

    DIRECTOR (UNTIL 7/2023)

    Total calculated
    $0
    Hours/week
    1
  • Matthew Jonna

    DIRECTOR (UNTIL 7/2023)

    Total calculated
    $0
    Hours/week
    1
  • Terry Thomas

    DIRECTOR (UNTIL 7/2023)

    Total calculated
    $0
    Hours/week
    1
  • Brandon Barnholt

    DIRECTOR (UNTIL 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Kevin Holt

    DIRECTOR (UNTIL 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Charles L D'Amour

    DIRECTOR (UNTIL 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Ron Edenfield

    DIRECTOR (UNTIL 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Robert Palmer

    DIRECTOR (UNTIL 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Brian Sappington

    DIRECTOR (UNTIL 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Jack Shakoor

    DIRECTOR (UNTIL 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • David Smith

    DIRECTOR (UNTIL 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Leon Bergmann

    DIRECTOR (UNTIL 9/2023)

    Total calculated
    $0
    Hours/week
    1
  • Leslie G Sarasin Esq

    PRESIDENT

    Total calculated
    $3,280,230
    From this org
    $3,228,539
    From related orgs
    $0
    Other
    $51,691
    Hours/week
    37 + 1 related

    Schedule J breakdown matched by us

    Base
    $1,991,584
    Bonus
    $1,200,000
    Other
    $36,955
    Deferred
    $26,400
    Nontaxable benefits
    $25,291
    Filer's total
    $3,280,230
  • Salvatore J Dicarlo

    TREASURER/CFO

    Total calculated
    $614,942
    From this org
    $530,143
    From related orgs
    $0
    Other
    $84,799
    Hours/week
    37 + 1 related

    Schedule J breakdown matched by us

    Base
    $471,969
    Bonus
    $53,800
    Other
    $4,374
    Deferred
    $48,425
    Nontaxable benefits
    $36,374
    Filer's total
    $614,942
  • Dagmar T Farr

    SECRETARY

    Total calculated
    $359,864
    From this org
    $310,180
    From related orgs
    $0
    Other
    $49,684
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $266,046
    Bonus
    $39,700
    Other
    $4,434
    Deferred
    $36,890
    Nontaxable benefits
    $12,794
    Filer's total
    $359,864
  • Mark Baum

    SENIOR VICE PRESIDENT

    Total calculated
    $760,517
    From this org
    $710,151
    From related orgs
    $0
    Other
    $50,366
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $634,827
    Bonus
    $70,300
    Other
    $5,024
    Deferred
    $26,400
    Nontaxable benefits
    $23,966
    Filer's total
    $760,517
  • Jennifer Hatcher

    SENIOR VICE PRESIDENT

    Total calculated
    $625,315
    From this org
    $548,160
    From related orgs
    $0
    Other
    $77,155
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $492,928
    Bonus
    $52,100
    Other
    $3,132
    Deferred
    $75,497
    Nontaxable benefits
    $1,658
    Filer's total
    $625,315
  • Giovanna Vita

    SENIOR VICE PRESIDENT

    Total calculated
    $448,521
    From this org
    $401,209
    From related orgs
    $0
    Other
    $47,312
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $355,385
    Bonus
    $40,900
    Other
    $4,924
    Deferred
    $26,400
    Nontaxable benefits
    $20,912
    Filer's total
    $448,521
  • Hilary Thesmar

    SENIOR VICE PRESIDENT

    Total calculated
    $428,488
    From this org
    $366,186
    From related orgs
    $0
    Other
    $62,302
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $331,634
    Bonus
    $32,500
    Other
    $2,052
    Deferred
    $26,400
    Nontaxable benefits
    $35,902
    Filer's total
    $428,488
  • David Fikes

    SENIOR VICE PRESIDENT

    Total calculated
    $364,072
    From this org
    $303,068
    From related orgs
    $0
    Other
    $61,004
    Hours/week
    19 + 19 related

    Schedule J breakdown matched by us

    Base
    $268,675
    Bonus
    $26,800
    Other
    $7,593
    Deferred
    $24,584
    Nontaxable benefits
    $36,420
    Filer's total
    $364,072
  • Heather Garlich

    SENIOR VICE PRESIDENT

    Total calculated
    $386,759
    From this org
    $339,854
    From related orgs
    $0
    Other
    $46,905
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $305,557
    Bonus
    $33,000
    Other
    $1,297
    Deferred
    $26,400
    Nontaxable benefits
    $20,505
    Filer's total
    $386,759
  • Richard Stein

    VICE PRESIDENT

    Total calculated
    $336,250
    From this org
    $299,183
    From related orgs
    $0
    Other
    $37,067
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $271,185
    Bonus
    $20,400
    Other
    $7,598
    Deferred
    $23,704
    Nontaxable benefits
    $13,363
    Filer's total
    $336,250
  • Douglas Baker

    VICE PRESIDENT

    Total calculated
    $302,073
    From this org
    $267,186
    From related orgs
    $0
    Other
    $34,887
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $246,264
    Bonus
    $18,600
    Other
    $2,322
    Deferred
    $21,568
    Nontaxable benefits
    $13,319
    Filer's total
    $302,073
  • Carol Abel

    VICE PRESIDENT

    Total calculated
    $315,226
    From this org
    $272,436
    From related orgs
    $0
    Other
    $42,790
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $241,247
    Bonus
    $28,200
    Other
    $2,989
    Deferred
    $22,072
    Nontaxable benefits
    $20,718
    Filer's total
    $315,226
  • Margaret Core

    VICE PRESIDENT

    Total calculated
    $315,171
    From this org
    $259,559
    From related orgs
    $0
    Other
    $55,612
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $237,025
    Bonus
    $18,300
    Other
    $4,234
    Deferred
    $21,216
    Nontaxable benefits
    $34,396
    Filer's total
    $315,171
  • Toni Mascaro

    VICE PRESIDENT

    Total calculated
    $367,387
    From this org
    $261,148
    From related orgs
    $0
    Other
    $106,239
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $238,819
    Bonus
    $18,100
    Other
    $4,229
    Deferred
    $80,733
    Nontaxable benefits
    $25,506
    Filer's total
    $367,387

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

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 1A
FMI PAID SOCIAL CLUB DUES FOR LESLIE G. SARASIN, PRESIDENT, WHICH WAS TREATED AS TAXABLE COMPENSATION. FMI ALSO PAID FOR TRAVEL CLUB DUES FOR DAGMAR FARR, GIGI VITTA, AND MARK BAUM WITH ALL REIMBURSEMENTS TREATED AS TAXABLE COMPENSATION.
PART I, LINE 4B
LESLIE G. SARASIN, PRESIDENT, PARTICIPATED IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN DURING THE YEAR ENDING DECEMBER 31, 2023. THE ORGANIZATION MADE A CONTRIBUTION FOR 2023 TO THE PLAN OF $400,000.

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

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • FMI FOUNDATION

    501(C)(3) · PROVIDING FUNDS TO SUPPORT FOOD SAFETY. · DC · controlled entity

    Directly controlled by FOOD MARKETPLACE INC

  • FOODPAC

    527 · POLITICAL ACTION · DC · controlled entity

    Directly controlled by FOOD MARKETPLACE INC

Provenance

Return type
form_990
Tax year
2023
Filed
12 November 2024
IRS schema version
2023v5.1
Source object
202443189349307119

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

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