Produce Marketing Association

Organization Overview

Produce Marketing Association is located in Newark, DE. The organization was established in 1970. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Produce Marketing Association employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Produce Marketing 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 12/2021, Produce Marketing Association generated $9.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $15.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO CONNECT, TO INFORM, AND TO DELIVER BUSINESS SOLUTIONS THAT ENHANCE MEMBERS' PROSPERITY. WE DO THIS THROUGH THREE VEHICLES - PRODUCTS, EVENTS, AND SERVICES. WE OFFER A SMALL PRODUCT LINE THAT INCLUDES TRAINING MODULES FOR EMPLOYEES TO GUIDES THAT HELP OUR MEMBERS DO THEIR DAY TO DAY JOBS. OUR EVENTS OFFER EDUCATIONAL OFFERINGS THAT INCLUDE THE ENTIRE SUPPLY CHAIN WHICH INCLUDES AN EXPOSITION COMPONENT SO THAT OUR MEMBERS CAN SHOWCASE THEIR PRODUCTS AND SERVICES WHILE MAKING NEW CONTACTS IN THE INDUSTRY. WE OFFER SERVICES SUCH AS OUR INFORMATION RESOURCES CENTER THAT ALLOWS OUR MEMBERS TO CONTACT US AND GET ANSWERS TO VARIOUS QUESTIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEMBER RELATIONS - 3000 COMPANY MEMBERS PMA, AS A VERTICALLY INTEGRATED INTERNATIONAL TRADE ASSOCIATION HAS A VERY DIVERSE MEMBERSHIP BASE WITH MEMBERS REPRESENTING 46 DIFFERENT COUNTRIES AROUND THE WORLD AND ALL SEGMENTS OF THE SUPPLY CHAIN.


FOOD SERVICE DELIVERED - 2,600+ ATTENDEES FOOD SERVICE DELIVERED IS PMA'S SECOND VIRTUAL CONFERENCE, CREATED DUE TO COVID-19 TO PROVIDE ACCESS TO IMPORTANT INDUSTRY INFORMATION AND OPPORTUNITIES TO CONNECT TO GROW MEMBERS' PROSPERITY. FOOD SERVICE DELIVERED ASPIRES TO BE AN EVENT FOR THE BROADER FOOD SERVICE INDUSTRY. IN 2021, MANY FOOD SERVICE OPERATORS, DISTRIBUTORS, AND GROWERS' BUSINESSES HAVE BEEN LEFT IN A CRITICAL STATE, SO FOODSERVICE: DELIVERED IS OFFERED COMPLIMENTARY TO PROVIDE ACCESS TO BUSINESS CONNECTIONS AND ENGAGEMENT WITH IMPORTANT INDUSTRY TOPICS TO MOVE THE INDUSTRY FORWARD.


FRESH SUMMIT - 10,000 ATTENDEES FRESH SUMMIT'S MAIN OBJECTIVE IS TO INCREASE GLOBAL PRODUCE AND FLORAL CONSUMPTION BY CREATING A COMMUNITY OF NEW IDEAS AND NEW CONNECTIONS. FRESH SUMMIT CONNECTS GLOBAL SUPPLY CHAIN PARTNERS, INFORMING THEM OF THE LATEST IN CONSUMER, BUSINESS, AND INDUSTRY TRENDS, AND PROVIDING A FORUM OT DEVELOP BUSINESS SOLUTIONS. DUE TO THE MULTIPLE HURRICANES AND SUBSEQUENT TROPICAL STORMS AT EVENT SITE, FRESH SUMMIT EVENT WAS NOT HOSTED IN 2021.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Perficient Inc
For New Ifpa Website Build-out
$555,879
Information Resources Inc
Custom Market Research & Or Analytical S
$293,000
Clark Mcdowall Inc
For New Ifpa Brand
$342,281
Fusionspan
Software Contractor/salesforce Integrato
$342,090
Cornerstone Government Affairs Inc
Government Affairs Consulting
$240,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,596,022
All other contributions, gifts, grants, and similar amounts not included above$283,970
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,879,992
Total Program Service Revenue$6,605,524
Investment income $437,017
Tax Exempt Bond Proceeds $0
Royalties $116,393
Net Rental Income $0
Net Gain/Loss on Asset Sales $625,352
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $14,260
Miscellaneous Revenue$0
Total Revenue $9,750,513

Grants Awarded

Over the last fiscal year, Produce Marketing Association has awarded $795,942 in support to 2 organizations.

Grant RecipientAmount

CENTER FOR PRODUCE RESEARCH

PURPOSE: General Support

$448,883

PMA FOUNDATION FOR INDUSTRY TALENT

Org PageRecipient Profile

Newark, DE

PURPOSE: General Support

$347,059
View Grant Profile

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