Food Export Usa Northeast Corp
- Assets
- $3.3m
- Revenue
- $12.2m
- Investments
- $0.0
- Employees
- 26
- Location
- Philadelphia, PA
- Founding
- 01/1975
- Data as of
- 12/2021
- EIN
- 23-7422643
Organization Overview
Food Export Usa Northeast Corp is located in Philadelphia, PA. The organization was established in 1975. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Food Export USA Northeast Corp employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Export USA Northeast Corp 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 12/2021, Food Export USA Northeast Corp generated $12.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $12.0m during the year ending 12/2021. While expenses have increased by 2.5% 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.
Since 2015, Food Export USA Northeast Corp has awarded 748 individual grants totaling $34,388,923. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE EXPORT OF FOOD AND AGRICULTURAL PRODUCTS FROM THE U.S. NORTHEAST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD EXPORT USA - NORTHEAST HAS THE CORE MISSION OF HELPING SMALL AND MEDIUM SIZED COMPANIES EXPORT FOOD AND AGRICULTURAL PRODUCTS FROM THE NORTHEAST REGION OF THE UNITED STATES. FOOD EXPORT USA - NORTHEAST COLLABORATES WITH MEMBER STATE AGRICULTURAL PROMOTION AGENCIES AND THE FOREIGN AGRICULTURAL SERVICE (FAS) OF THE USDA UNDER THE AUSPICES OF ITS MARKET ACCESS PROGRAM (MAP) TO DELIVER SERVICES IN THE AREAS OF EXPORTER EDUCATION, MARKET ENTRY AND MARKET PROMOTION. IN 2021, THE ORGANIZATION SERVED OVER 1,300 PARTICIPANTS RESULTING IN ACTUAL EXPORT SALES OF $480 MILLION. THE ORGANIZATION HAS A 48-YEAR HISTORY OF GENERATING OUTSTANDING RETURNS ON INVESTED RESOURCES.(CONTINUED ON SCHEDULE O.)COVID-19 HAS GREATLY IMPACTED EXPORT SALES GLOBALLY; HOWEVER, FOOD EXPORT USA - NORTHEAST HAS CONTINUED TO HELP ORGANIZATIONS EXPORT BY HELPING WITH EDUCATION, RESOURCES AND SUPPORT IN COMPANIES TRYING TO EXPORT TO NEW MARKETS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Redding Vice President | OfficerTrustee | 2 | $0 |
John Lebeaux Secretary-Treasurer | OfficerTrustee | 2 | $0 |
Richard Ball President | OfficerTrustee | 2 | $0 |
Tim Hamilton Executive Director | Officer | 20 | $0 |
Shawn Jasper Board Member | Trustee | 2 | $0 |
Douglas Fisher Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Food Export Association Of The Midwest U Shared Management Services | 12/30/21 | $370,017 |
Diversified Communications Booth Services | 12/30/21 | $234,040 |
Oak Overseas Booth Services | 12/30/21 | $211,916 |
Maria Kraus Marketing In-market Representative | 12/30/21 | $190,017 |
River Global Llc In-market Representative | 12/30/21 | $205,751 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,102,302 |
| 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 | $11,102,302 |
| Total Program Service Revenue | $1,080,890 |
| Investment income | $253 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,183,555 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,469,934 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,091,850 |
| Pension plan accruals and contributions | $51,745 |
| Other employee benefits | $104,209 |
| Payroll taxes | $90,261 |
| Fees for services: Management | $391,725 |
| Fees for services: Legal | $275 |
| Fees for services: Accounting | $22,895 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,075 |
| Advertising and promotion | $6,111 |
| Office expenses | $127,146 |
| Information technology | $339,832 |
| Royalties | $0 |
| Occupancy | $102,903 |
| Travel | $107,401 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,479 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,241 |
| Insurance | $15,547 |
| All other expenses | $25,539 |
| Total functional expenses | $11,974,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,099,590 |
| Savings and temporary cash investments | $516,788 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,476,898 |
| 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 | $144,433 |
| Net Land, buildings, and equipment | $26,969 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,264,678 |
| Accounts payable and accrued expenses | $239,943 |
| Grants payable | $0 |
| Deferred revenue | $230,335 |
| 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 | $0 |
| Total liabilities | $470,278 |
| Net assets without donor restrictions | $2,794,400 |
| 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 | $3,264,678 |
Grants Awarded
Over the last fiscal year, Food Export Usa Northeast Corp has awarded $5,400,496 in support to 67 organizations.
| Grant Recipient | Amount |
|---|---|
ALEXANDER MINN WINE GROUP PURPOSE: BRANDED PROGRAM | $530,092 |
GLOBAL EXPORT MARKETING CO LTD PURPOSE: BRANDED PROGRAM | $522,500 |
KNOUSE FOOD INC PURPOSE: BRANDED PROGRAM | $350,000 |
INTERNATIONAL AMERICAN SUPERMARKETS CORP PURPOSE: BRANDED PROGRAM | $310,278 |
SEA BREEZE FRUIT FLAVORS INC PURPOSE: BRANDED PROGRAM | $300,000 |
RASTELLI BROTHERS INC - RASTELLI FOODS PURPOSE: BRANDED PROGRAM | $282,790 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Citihope International Inc Margaretsville, NY | $17,709,063 | $34,849,219 |
American Jewish World Service Inc New York, NY | $71,781,906 | $45,997,172 |
Pro Mujer Inc New York, NY | $221,412,399 | $46,513,948 |
Caring Partners International Inc Franklin, OH | $5,257,650 | $39,639,257 |
End Fund Inc New York, NY | $37,486,570 | $35,034,243 |
Handicap International Silver Spring, MD | $15,927,332 | $32,015,204 |
International Planned Parenthood Federation New York, NY | $125,289,147 | $35,794,628 |
Hope International Lancaster, PA | $24,473,719 | $28,112,600 |
International School Of Kenya Foundation Inc Princeton, NJ | $4,652,722 | $24,555,345 |
Center For Social Change Inc Elkridge, MD | $19,355,388 | $26,891,686 |
Trustees Of Robert College Of Istanbul New York, NY | $10,685,892 | $20,101,446 |
American School In London Foundation Princeton, NJ | $2,370,011 | $19,085,987 |