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Nonprofiteer
← GLOBAL COLD CHAIN FOUNDATION

Form 990 for tax year 2022

Filed by GLOBAL COLD CHAIN FOUNDATION.

Totals

Total revenue
$2,638,794
Total expenses
$2,661,991
Contributions and grants received
$1,625,006
Grants paid
$0
Program service revenue
$989,420
Investment income
$14,206
Other revenue
$10,162
Total assets, end of year
$1,661,036
Total liabilities, end of year
$936,760
Net assets or fund balances, end of year
$724,276
Program services expenses (Part IX)
$2,186,265
Management and general expenses
$475,726
Fundraising expenses
$0
Program service expenses (Part III)
$2,186,265

Program services were 82.1% 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)

    $1,293,963

  • 1f · All other contributions, gifts and grants

    $331,043

  • 2a · Program service revenue: Membership Dues

    total $520,342 · related or exempt $520,342

  • 2b · Program service revenue: Education and Training

    total $411,103 · related or exempt $411,103

  • 2c · Program service revenue: Membership and Ind Rel

    total $57,975 · related or exempt $57,975

  • 3 · Investment income

    total $14,206 · excluded $14,206

  • 7a · Gross sales of assets other than inventory

    securities $219,246

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

    securities $219,246

  • 11a · Other revenue: Other

    total $10,162 · related or exempt $10,162

  • 11e · Other revenue, total

    $10,162

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $13,925 · program services $11,564 · management and general $2,361

  • 11g · Fees: other

    total $1,894,228 · program services $1,573,010 · management and general $321,218

  • 13 · Office expenses

    total $13,824 · program services $7,704 · management and general $6,120

  • 16 · Occupancy

    total $83,219 · program services $46,373 · management and general $36,846

  • 17 · Travel

    total $179,154 · program services $157,479 · management and general $21,675

  • 19 · Conferences, conventions and meetings

    total $367,042 · program services $324,220 · management and general $42,822

  • 23 · Insurance

    total $2,783 · program services $2,264 · management and general $519

  • 24a · Other expenses: Bank and Merchant Fees

    total $20,314 · program services $11,635 · management and general $8,679

  • 24b · Other expenses: Equipment and Supplies

    total $28,155 · program services $15,689 · management and general $12,466

  • 24c · Other expenses: Other

    total $59,347 · program services $36,327 · management and general $23,020

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $10,467 · end of year $19,002

  • 4 · Accounts receivable

    beginning of year $171,148 · end of year $619,860

  • 9 · Prepaid expenses and deferred charges

    beginning of year $53,378 · end of year $161,539

  • 11 · Investments: publicly traded securities

    beginning of year $919,076 · end of year $860,635

  • 17 · Accounts payable and accrued expenses

    beginning of year $100,335 · end of year $805,980

  • 19 · Deferred revenue

    beginning of year $239,281 · end of year $130,780

  • 27 · Net assets without donor restrictions

    beginning of year $769,953 · end of year $683,619

  • 28 · Net assets with donor restrictions

    beginning of year $44,500 · end of year $40,657

Mission and programs · 2022

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.

  • Annual refrigeration warehouse management institute for training approximately 383 members.The WFLO Institute program was able to resume in 2022 after not being able to take place in 2021 due to COVID. The following programs took place throughout the year - WFLO Cold Chain Institute West (Tempe, AZ//June/150 attendees), WFLO Cold Chain Institute East (Atlanta, GA/June/100 attendees), and WFLO Cold Chain Institute Latin America (Mexico City, Mexico/July/50 attendees). The WFLO Board was also able to meet face-to-face in April 2022 for their annual Strategic Board Meeting. In addition, while global travel for project work was severely limited in 2021, that was not the case in 2022 as the world continued to open back up and thus WFLO saw an increased number of travel opportunities to conduct project work on the ground in many different countries globally.

    Expenses $1,596,872

  • Maintain library for research questions by members regarding refridgeration of food and commodities.

    Expenses $549,017

  • Research and development in the field of refridgeration of food and commodities globally.In 2022 WFLO supported 12 international development projects covering 16 countries. We successfully led an educational two cold chain study tours for delegations from the Dominican Republic to the USA and Mexico, completed cold chain technical capacity assessments in North Africa and Thailand. We finalized two feasibility studies in Ghana and Egypt, and completed multiple technical assistance activities including in Georgia, Egypt, Cambodia, and Bangladesh.

    Expenses $40,376

  • Other program services including membership and international project development/management.

As filed on the 2022 return.

Listed in Part VII

  • Matthew Ott

    President and CEO

    Total calculated
    $468,301
    From this org
    $0
    From related orgs
    $446,830
    Other
    $21,471
    Hours/week
    8

    Schedule J breakdown matched by us

    Base
    not reported + $371,250 related
    Bonus
    not reported + $74,500 related
    Other
    not reported + $1,080 related
    Deferred
    not reported + $11,391 related
    Nontaxable benefits
    not reported + $10,080 related
    Filer's total
    not reported + $468,301 related
  • 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
  • Paul Henningsen

    Immediate Past Chair

    Total calculated
    $0
    Hours/week
    1
  • Adam Forste

    Member

    Total calculated
    $0
    Hours/week
    1
  • Brian Kyle

    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
  • Jeroen Tempels

    Member

    Total calculated
    $0
    Hours/week
    1
  • Mike Pokel

    Member

    Total calculated
    $0
    Hours/week
    1
  • David Stuver

    Member

    Total calculated
    $0
    Hours/week
    1
  • Daniel Kaplan

    Chairman

    Total calculated
    $0
    Hours/week
    1
  • Greg Laurin

    Vice Chairman

    Total calculated
    $0
    Hours/week
    1
  • Mickey Hoffman

    Treasurer

    Total calculated
    $0
    Hours/week
    1

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 · Travel for companions
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 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
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

Provenance

Return type
form_990
Tax year
2022
Filed
21 September 2023
IRS schema version
2022v5.0
Source object
202342649349300139

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