Food Marketplace Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 362900465 ✦ Arlington, VA ✦ Designated as a 501(c)(6)

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Overview

What is Food Marketplace Inc?

Food Marketplace Inc, based in Arlington, Virginia, is a nonprofit organization that represents, educates, and aims to improve the food industry. With a workforce of 92 employees, the institute provides food safety and quality certification through the SQFI program. It acts as a trusted source for information, training, and certifications based on recognized standards. Food Marketplace Inc advocates for its members, including food retailers, wholesalers, and industry suppliers, in areas such as government relations, food safety and defense, public and consumer information, research and education, and industry cooperation. Their global leadership and advocacy efforts support the food distribution industry as it innovates to meet changing consumer needs.


Official website here: www.fmi.org

What are the reviews and ratings of this charity?

Food Marketplace Inc cannot be rated on Charity Navigator as it is not a 501(c)(3) IRS registered nonprofit. This absence of a rating neither implies a positive nor negative assessment but indicates that the organization has not undergone evaluation by Charity Navigator's methods. Previously, their methodology predominantly focused on Accountability and Finance aspects, while current ratings also consider Leadership & Adaptability and other factors.

As Food Marketplace Inc falls outside the purview of Charity Navigator's evaluations over its foundation status, its revenue, expense, and salary data are not available. Therefore, the organization is not currently assessed through Impact & Measurement or Culture & Community beacons. This essentially means that Food Marketplace Inc's performance and operational metrics have not been scrutinized within these contexts.

Regarding user reviews from GreatNonprofits, there are no available testimonials or feedback about Food Marketplace Inc to gauge from an external perspective. Therefore, it remains challenging to summarize community sentiments or experiences without user-generated insights.


This AI summary has been generated from information found on Charity Navigator.

Is Food Marketplace Inc legitimate?

Food Marketplace Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Food Marketplace Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $6,718,532
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,152,359

For more financial information, click here


Official website here: www.fmi.org

What is the mission statement of Food Marketplace Inc?

Food Marketplace Inc, also known as FMI, is a organization that represents the interests of food retailers, wholesalers, and industry suppliers. Its mission is to develop and promote policies, programs, and forums that support its members and their customers in various areas, including government relations, food safety and defense, public and consumer information, research and education, and industry cooperation. By engaging in these activities, FMI provides leadership and advocacy for the food distribution industry worldwide as it innovates to meet the evolving needs of consumers.


Official website here: www.fmi.org

Who is the CEO of Food Marketplace Inc?

Leslie G Sarasin is the Principal Officer of Food Marketplace Inc.


Official website here: www.fmi.org

What is the revenue of Food Marketplace Inc?

Food Marketplace Inc's revenue in 2022 was $44,861,167.


Official website here: www.fmi.org

Who are the executives of Food Marketplace Inc and what are their salaries?

The average compensation at Food Marketplace Inc during 2022 was $161,640. There are 92 employees and 106 volunteers at Food Marketplace Inc.


Here are 120 key members and their salaries:


Randy Edeker (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Sheridan (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Barnholt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian George (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerel Golub (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Holt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Karet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan D Morris (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Needler Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Presley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauri Youngquist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Aitken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Albrecht (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Alston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Ayres (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert W Baesler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Ball (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Basha Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Boyan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Bozzuto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad W Brookshire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Coborn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph S Colalillo (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reynolds Cramer (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles L D'Amour (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Derderian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy M Devanney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rudy Dory (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Alexander M Douglas Jr (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Edenfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wesley Eubanks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Figge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Fisher (Director)
  • Compensation: $0
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  • Other: $0
Don Fitgerald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Gavin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oscar Gonzalez (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Grant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Gregerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hardiman-Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Heinen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chieh Huang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Hucker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert P Ingle Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Janeway Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Jonna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noah Katz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Kudrinko (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Laney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Longstreet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandt C Louie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell T Lund Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman C Mayne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Mcdougall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hendrik Meijer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Najjar (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Oakland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Palmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Omar G Jorge Pena (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Potash (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Potter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Potthoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Raybould (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard L Riesbeck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Roath (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Sappington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Sarsam (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd R Schnuck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Shakoor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Sinclair (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall J Skoda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Skogen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Sleeper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos A Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven C Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Smucker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Stone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Torres (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tobias Wasmuht (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen J Wegman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Weis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Twyla Bailey (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leon Bergmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ari Labell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Meehan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oli Morton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Nudi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Stern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Wispinski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Barnard (Director - Until 03/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Boever (Director - Until 09/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Davis (Director - Until 09/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Hirz (Director - Until 02/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Jones (Director - Until 02/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tokutaro Masui (Director - Until 05/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Obray (Director - Until 08/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Oswalt (Director - Until 11/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susanne Wasson (Director - Until 09/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie G Sarasin Esq (President)
  • Compensation: $2,844,800
  • Related: $0
  • Other: $419,555
Salvatore J Dicarlo (Treasurer/Cfo)
  • Compensation: $512,780
  • Related: $0
  • Other: -$35,109
Dagmar T Farr (Secretary)
  • Compensation: $761,255
  • Related: $0
  • Other: -$309,521
Mark Baum (Senior Vice President)
  • Compensation: $683,637
  • Related: $0
  • Other: $44,785
Jennifer Hatcher (Senior Vice President)
  • Compensation: $503,791
  • Related: $0
  • Other: -$255,037
Giovanna Vita (Senior Vice President)
  • Compensation: $408,115
  • Related: $0
  • Other: $42,437
Hilary Thesmar (Senior Vice President)
  • Compensation: $352,133
  • Related: $0
  • Other: $53,569
David Fikes (Senior Vice President)
  • Compensation: $291,583
  • Related: $0
  • Other: $55,221
Heather Garlich (Senior Vice President)
  • Compensation: $303,966
  • Related: $0
  • Other: $40,574
Richard Stein (Vice President)
  • Compensation: $287,893
  • Related: $0
  • Other: $35,230
Douglas Baker (Vice President)
  • Compensation: $256,593
  • Related: $0
  • Other: $32,314
Carol Abel (Vice President)
  • Compensation: $248,522
  • Related: $0
  • Other: $40,559
Margaret Core (Vice President)
  • Compensation: $250,947
  • Related: $0
  • Other: $48,866
Toni Mascaro (Vice President)
  • Compensation: $254,547
  • Related: $0
  • Other: -$210,065


Official website here: www.fmi.org

Where can I find the form 990 for Food Marketplace Inc?

Food Marketplace Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fmi.org

Learn more at the official website: www.fmi.org

Mission Statement of Food Marketplace Inc

Food Marketplace Inc, or FMI, is a leading organization in the food industry that represents food retailers, wholesalers, and industry suppliers. FMI's mission is to develop and promote policies, programs, and forums that support its members and their customers in various areas. These areas include government relations, food safety and defense, public and consumer information, research and education, and industry cooperation.

The Food Marketplace Inc serves as an advocate and leader for the food distribution industry, both in the United States and globally. By pursuing these activities, FMI provides valuable leadership and advocacy for its members as they work to meet the evolving needs of consumers. FMI's efforts in government relations help shape policies that benefit the food industry, while its initiatives in food safety and defense ensure that the industry's products are safe and secure.

Moreover, FMI is committed to educating the public and consumers about food-related issues through its work in public and consumer information. Its research and education programs provide valuable insights and resources to its members, enabling them to stay informed and responsive to the latest trends and developments in the food industry. Additionally, FMI fosters industry cooperation, bringing together various stakeholders to collaborate and find solutions to common challenges.

In summary, Food Marketplace Inc, or FMI, is a vital organization that represents the interests of food retailers, wholesalers, and industry suppliers. Through its various initiatives in government relations, food safety and defense, public and consumer information, research and education, and industry cooperation, FMI provides leadership and advocacy for the food distribution industry, helping it to innovate and adapt to the changing needs of consumers.

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Impact



October, 2024

Food Marketplace Inc plays a vital role in shaping the food industry by advocating for improved practices and standards that enhance food safety, quality, and consumer trust. Through its Safe Quality Foods Institute (SQFI), it establishes itself as a trusted certification body, delivering essential training and resources that ensure compliance with recognized food safety standards.

By representing food retailers, wholesalers, and suppliers, Food Marketplace Inc actively develops and promotes policies and programs that foster a secure and efficient food distribution system. Its emphasis on government relations, food safety, public education, and industry cooperation strengthens the entire food supply chain and supports members in navigating the complexities of food safety and regulatory requirements.

The organization also serves as a platform for research, education, and dialogue, allowing industry stakeholders to collaborate and innovate in response to evolving consumer needs. By providing leadership and advocacy, Food Marketplace Inc contributes significantly to the improvement and advancement of the food industry, ensuring that high standards of safety and quality are maintained while promoting community welfare.



This information is meant to be a general summary of Food Marketplace Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$44,861,167 (2022)
Expenses
$31,590,510 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9,919,528
  • Program Service Revenue: $30,033,403
  • Gross Receipts: $51,816,994

Assets and Liabilities:

  • Total Assets: $71,568,568
  • Total Liabilities: $30,745,995
  • Net Assets: $40,822,573

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$13,897,953

REGISTRATION FEES

Revenue

$10,903,624

LICENSE FEES/COMM.

Revenue

$1,726,582

SPONSORSHIPS

Revenue

$1,650,315

EXHIBIT SALES

Revenue

$1,622,480

Organization Details

Founding Year

1976

Phone

(202) 452-8444

Principal Officer

Leslie G Sarasin

Main Address

2345 CRYSTAL DRIVE 800, ARLINGTON, VA, 22202

Website

www.fmi.org

NTEE Category

Code: S41 - Community improvement

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