Massachusetts Food Association
- Assets
- $2.1m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 4
- Location
- Boston, MA
- Founding
- 02/1941
- Data as of
- 05/2022
- EIN
- 04-1590475
Organization Overview
Massachusetts Food Association is located in Boston, MA. The organization was established in 1941. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 05/2022, Massachusetts Food Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Food 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 05/2022, Massachusetts Food Association generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $933.4k during the year ending 05/2022. While expenses have increased by 1.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE AND PROTECT THE INTERESTS OF THE MASSACHUSETTS FOOD INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROTECT AND PROMOTE THE INTERESTS OF THE MASSACHUSETTS FOOD INDUSTRY.
PROMOTE AND PROTECT THE INTERESTS OF THE MASSACHUSETTS FOOD INDUSTRY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Flynn President | Officer | 40 | $264,825 |
Directors-See List Attached Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $550,808 |
| Investment income | $13,353 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,100 |
| Net Income from Fundraising Events | $430,694 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,027,955 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $264,825 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $266,136 |
| Pension plan accruals and contributions | $16,027 |
| Other employee benefits | $104,291 |
| Payroll taxes | $35,683 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $62,450 |
| Fees for services: Accounting | $20,678 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,676 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $76,987 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,586 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $35,300 |
| Total functional expenses | $933,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $394,952 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $311,920 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $22,580 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $700,104 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $621,151 |
| Total assets | $2,050,707 |
| Accounts payable and accrued expenses | $19,736 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $302,464 |
| Total liabilities | $322,200 |
| Net assets without donor restrictions | $1,728,507 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,050,707 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Specialty Food Association Inc New York, NY | $76,782,309 | $24,069,397 |
R I Nurserymens Association Inc West Kingston, RI | $707,480 | $1,476,201 |
Massachusetts Food Association Boston, MA | $2,050,707 | $1,027,955 |
Connecticut Food Assoc West Hartford, CT | $970,186 | $845,112 |
New York Maple Producers Assoc Inc Syracuse, NY | $482,259 | $792,299 |
Rutland County Agricultural Society Inc Rutland, VT | $5,963,150 | $568,669 |
Seacoast Eat Local Inc Dover, NH | $263,377 | $346,314 |
Rhode Island Food Dealers Association Central Falls, RI | $399,527 | $327,214 |
Northeast Organic Dairy Producers Alliance Inc Deerfield, MA | $69,773 | $0 |
Massachusetts Tree Wardens And Foresters Association Inc Norwell, MA | $491,358 | $0 |
Granite State Brewers Association Concord, NH | $72,218 | $0 |
Nutrition And Metabolism Society Inc Brooklyn, NY | $59,974 | $0 |