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Nonprofiteer
← GLOBAL COLD CHAIN FOUNDATION

Form 990 for tax year 2023

Filed by GLOBAL COLD CHAIN FOUNDATION.

Totals

Total revenue
$2,371,629
Total expenses
$2,367,901
Contributions and grants received
$878,744
Grants paid
$0
Program service revenue
$1,452,720
Investment income
$22,752
Other revenue
$17,413
Total assets, end of year
$1,810,015
Total liabilities, end of year
$1,020,319
Net assets or fund balances, end of year
$789,696
Program services expenses (Part IX)
$1,841,103
Management and general expenses
$526,798
Fundraising expenses
$0
Program service expenses (Part III)
$1,841,103

Program services were 77.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

  • 1e · Government grants (contributions)

    $728,337

  • 1f · All other contributions, gifts and grants

    $150,407

  • 2a · Program service revenue: EDUCATION AND TRAINING

    total $794,461 · related or exempt $794,461

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $564,226 · related or exempt $564,226

  • 2c · Program service revenue: MEMBERSHIP AND IND. RE

    total $94,033 · related or exempt $94,033

  • 4 · Income from investment of tax-exempt bond proceeds

    total $22,752 · excluded $22,752

  • 11a · Other revenue: CHAPTERS

    total $9,114 · related or exempt $9,114

  • 11b · Other revenue: OTHER

    total $8,299 · related or exempt $8,299

  • 11e · Other revenue, total

    $17,413

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $550,699 · program services $307,150 · management and general $243,549

  • 11b · Fees: legal

    total $18,429 · program services $15,526 · management and general $2,903

  • 11c · Fees: accounting

    total $9,072 · program services $7,643 · management and general $1,429

  • 11f · Fees: investment management

    total $5,361 · management and general $5,361

  • 11g · Fees: other

    total $662,690 · program services $558,306 · management and general $104,384

  • 13 · Office expenses

    total $12,255 · program services $6,829 · management and general $5,426

  • 16 · Occupancy

    total $105,415 · program services $58,742 · management and general $46,673

  • 17 · Travel

    total $231,687 · program services $196,863 · management and general $34,824

  • 19 · Conferences, conventions and meetings

    total $637,733 · program services $595,464 · management and general $42,269

  • 23 · Insurance

    total $3,653 · program services $2,107 · management and general $1,546

  • 24a · Other expenses: EQUIPMENT AND SUPPLIES

    total $63,668 · program services $37,411 · management and general $26,257

  • 24b · Other expenses: OTHER

    total $35,500 · program services $35,190 · management and general $310

  • 24c · Other expenses: BANK AND MERCHANT FEES

    total $31,739 · program services $19,872 · management and general $11,867

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $19,002 · end of year $158,585

  • 3 · Pledges and grants receivable

    beginning of year $619,860 · end of year $522,803

  • 4 · Accounts receivable

    end of year $20,092

  • 9 · Prepaid expenses and deferred charges

    beginning of year $161,539 · end of year $153,385

  • 11 · Investments: publicly traded securities

    beginning of year $860,635 · end of year $955,150

  • 17 · Accounts payable and accrued expenses

    beginning of year $805,980 · end of year $123,355

  • 19 · Deferred revenue

    beginning of year $130,780 · end of year $297,922

  • 25 · Other liabilities

    beginning of year $0 · end of year $599,042

  • 27 · Net assets without donor restrictions

    beginning of year $683,619 · end of year $755,516

  • 28 · Net assets with donor restrictions

    beginning of year $40,657 · end of year $34,180

Mission and programs · 2023

Mission

DEVELOP AND SUPPORT SYSTEMS, NETWORKS, AND BEST-PRACTICES THROUGH RESEARCH AND EDUCATION WITHIN THE GLOBAL FOOD INDUSTRY AND AMONG TRADING PARTNERS FOR SAFE, EFFICIENT AND RELIABLE MOVEMENT OF FOOD TO THE PEOPLE OF THE WORLD.

  • IN 2022, THE FOUNDATION INSTITUTE PROGRAM SUCCESSFULLY RESUMED AFTER BEING POSTPONED IN 2021 DUE TO COVID-19, AND IT CONTINUED THROUGHOUT 2023. THE FOLLOWING PROGRAMS TOOK PLACE THROUGHOUT THE YEAR GCCF COLD CHAIN INSTITUTE WEST (TEMPE, AZ/JANUARY/293 ATTENDEES), GCCF COLD CHAIN INSTITUTE EAST (ATLANTA, GA/JUNE/241 ATTENDEES), AND GCCF COLD CHAIN INSTITUTE LATIN AMERICA (MEXICO CITY, MEXICO/JULY/53 ATTENDEES). THE GCCF BOARD WAS ALSO ABLE TO MEET FACE-TO-FACE IN MARCH 2023 FOR THEIR ANNUAL STRATEGIC BOARD MEETING.

    Expenses $953,572 · Revenue $794,461

  • IN 2023, GCCF SUPPORTED 12 INTERNATIONAL DEVELOPMENT PROJECTS COVERING 13 COUNTRIES. WE SUCCESSFULLY LED EDUCATIONAL TWO COLD CHAIN STUDY TOURS FOR DELEGATIONS FROM HONDURAS, EL SALVADOR, AND GUATEMALA AND CAMBODIA, THAILAND, AND VIETNAM TO THE USA AND INDONESIA, RESPECTIVELY. WE COMPLETED A VARIETY OF VIRTUAL AND IN-PERSON CAPACITY BUILDING ACTIVITIES IN BANGLADESH, CAMBODIA, THAILAND, VIETNAM, EGYPT, THE REPUBLIC OF GEORGIA, KENYA, MOROCCO, AND RWANDA, AS WELL AS COMPLETED FEASIBILITY STUDIES IN GHANA AND EGYPT.

    Expenses $845,265 · Revenue $564,226

  • MAINTAIN LIBRARY FOR RESEARCH QUESTIONS BY MEMBERS REGARDING REFRIDGERATION OF FOOD AND COMMODITIES

    Expenses $42,266 · Revenue $111,446

As filed on the 2023 return.

Listed in Part VII

  • Tom Poe

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Angela Schmidt

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Steve Tippmann

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michael Jahncke

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sam Charleston

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • William Duggan

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Marty Steinmetz

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Niels Lundgaard- Svenstrup

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Justin Brandt

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Wes Dye

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Adam Forste

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Graham Harvey

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ken Whah

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kirk Robertson

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Andrew Janson

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mike Pokel

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rodgrigo Vassimon

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • David Stuver

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Daniel Kaplan

    IMMEDIATE PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Greg Laurin

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Mickey Hoffman

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Matthew Ott

    PRESIDENT AND CEO

    Total calculated
    $0
    Hours/week
    8

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
30 October 2024
IRS schema version
2023v5.1
Source object
202403049349301865

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