International Food And Beverage Technology Association

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

EIN: 472240906 ✦ Potomac, MD ✦ Designated as a 501(c)(6)

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Overview

What is International Food And Beverage Technology Association?

The International Food and Beverage Technology Association is a nonprofit organization situated in Potomac, Maryland. Its main objective is to encourage the integration of technology within the global food and beverage industries, particularly in sectors such as restaurant/food service, hospitality/lodging, gaming, and more. This is achieved through various initiatives, including education, networking, certification, standards, research, and events. The association aims to collaborate with other industry associations and groups to support their technology-related initiatives, ultimately promoting the common business interests of the information technology sector within the food and beverage industry. With a team of two dedicated individuals, the International Food and Beverage Technology Association is committed to driving technological advancements and fostering innovation in the global food and beverage sector.


Official website here: www.ifbta.org

Is International Food And Beverage Technology Association legitimate?

International Food And Beverage Technology Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. International Food And Beverage Technology Association 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: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,038

For more financial information, click here


Official website here: www.ifbta.org

What is the mission statement of International Food And Beverage Technology Association?

The International Food and Beverage Technology Association strives to promote technology usage in the global food and beverage industries. They achieve this mission by focusing on education, networking, certification, standards, research, and events. The organization aligns with other industry associations and groups to support their technology-related initiatives, and they work towards furthering the common business interests of the information technology industry by promoting technology utilization across various segments of the food and beverage industry.


Official website here: www.ifbta.org

Who is the CEO of International Food And Beverage Technology Association?

Robert Grimes is the Chief Executive Officer of International Food And Beverage Technology Association. The CEO's salary of International Food And Beverage Technology Association is $100,000 and their total compensation is $100,000.


Official website here: www.ifbta.org

What is the revenue of International Food And Beverage Technology Association?

International Food And Beverage Technology Association's revenue in 2022 was $316,940.


Official website here: www.ifbta.org

Who are the executives of International Food And Beverage Technology Association and what are their salaries?

The average compensation at International Food And Beverage Technology Association during 2022 was $112,019. There are 2 employees and 8 volunteers at International Food And Beverage Technology Association.


Here are 9 key members and their salaries (International Food And Beverage Technology Association's CEO's salary is $100,000 and their total compensation is $100,000):


Robert Grimes (Chief Executive Officer)
  • Compensation: $100,000
  • Related: $0
  • Other: $0
Don Zimmerman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vikram Badhwar (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Alcaras (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lou Grande (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pankaj Patra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Naqvi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yoo-Jin Yi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zerrick Pearson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ifbta.org

Where can I find the form 990 for International Food And Beverage Technology Association?

International Food And Beverage Technology Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ifbta.org

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

Mission Statement of International Food And Beverage Technology Association

The International Food and Beverage Technology Association, often abbreviated as IFBTAs, is dedicated to advocating for the use of technology in the global food and beverage industries. Their mission is multifaceted, focusing on various aspects that contribute to the advancement of technology within this sector.

The association aims to promote technology usage by engaging in educational initiatives, networking events, certification programs, standard setting, and research. By aligning with other industry associations and groups, IFBTAs supports their technology-related initiatives, thereby fostering a collaborative environment.

Furthermore, IFBTAs seeks to further the common business interests of the information technology industry by encouraging the utilization of technology across all segments of the food and beverage industry. This includes but is not limited to sectors such as restaurant/food service, hospitality/lodging, gaming, on-site, beer/wine/spirits retailing, c-stores, catering, travel, and other related segments. In doing so, IFBTAs plays a pivotal role in driving technological innovation and progress within the global food and beverage industry.

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Impact




October, 2024

The International Food and Beverage Technology Association significantly influences the global food and beverage industries by fostering the integration of technology across various sectors. By focusing on education, networking, certification, standards, research, and events, the organization enhances knowledge and expertise within the industry, empowering businesses to adopt innovative solutions.

Through its initiatives, the association promotes collaboration among industry stakeholders, aligning efforts with other associations to support technology-related advancements. This collaboration not only strengthens professional networks but also facilitates the sharing of best practices and cutting-edge technologies, which can lead to improved efficiency and operational excellence.

The association plays a crucial role in setting standards that guide the adoption of technology, helping businesses navigate the complexities of implementation and integration. Its emphasis on certification ensures that professionals in the field are equipped with the necessary skills and knowledge to leverage technology effectively, ultimately driving higher standards of service and quality.

Research initiatives led by the association contribute to an enhanced understanding of technology trends and consumer preferences within the food and beverage landscape. By providing insights and data, the association helps members make informed decisions that impact their strategies and operations positively.

Overall, the International Food and Beverage Technology Association serves as a catalyst for innovation, driving the transformation of the food and beverage sector through technology, which benefits not only businesses but also consumers and the broader industry ecosystem.




This information is meant to be a general summary of International Food And Beverage Technology Association. 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
$316,940 (2022)
Expenses
$567,122 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $316,940
  • Gross Receipts: $316,940

Assets and Liabilities:

  • Total Assets: $207,423
  • Total Liabilities: $925,431
  • Net Assets: -$718,008

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Programs

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

MEMBERSHIP DUES

Revenue

$289,090

MANAGEMENT FEES

Revenue

$20,000

SPONSORSHIPS

Revenue

$7,850

Organization Details

Founding Year

2014

Principal Officer

Robert Grimes

Main Address

10220 RIVER ROAD 110, POTOMAC, MD, 20854

NTEE Category

Code: Z99 - Unknown

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