Overview
What is Food Processing Suppliers Association?
The Food Processing Suppliers Association (FPSA), located in McLean, Virginia, serves as a platform for networking, marketing, and education within the food processing industry. This nonprofit organization hosts the biennial Process Expo, a premier event that brings together buyers and sellers to explore new technologies and capabilities. Beyond trade shows, FPSA also dedicates resources to charitable contributions and educational scholarships, aiming to secure the industry's future. With a team of five dedicated individuals, FPSA works tirelessly to foster growth and development within the food processing sector.
Official website here: www.fpsa.org
Is Food Processing Suppliers Association legitimate?
Food Processing Suppliers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Food Processing Suppliers 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: $975,623
Professional Fundraising Fees: $0
Other Salaries and Wages: $424,488
For more financial information, click here
Official website here: www.fpsa.org
What is the mission statement of Food Processing Suppliers Association?
The Food Processing Suppliers Association's mission is primarily focused on serving its members. It aims to provide them with valuable networking, marketing, and educational opportunities. This association also works towards ensuring the industry's future by making charitable contributions and offering educational scholarships. In addition to its member-centric activities, the association organizes the Process Expo, a major event in the food processing industry, held every other year, where buyers and sellers can connect and explore new technologies. During the non-expo years, the association records related personnel and office expenses.
Official website here: www.fpsa.org
Who is the CEO of Food Processing Suppliers Association?
David Seckman is the Chairman of Food Processing Suppliers Association. The CEO's salary of Food Processing Suppliers Association is $590,955 and their total compensation is $670,471.
Official website here: www.fpsa.org
What is the revenue of Food Processing Suppliers Association?
Food Processing Suppliers Association's revenue in 2022 was $2,054,143.
Official website here: www.fpsa.org
Who are the executives of Food Processing Suppliers Association and what are their salaries?
The average compensation at Food Processing Suppliers Association during 2022 was $280,022. There are 5 employees and 18 volunteers at Food Processing Suppliers Association.
Here are 21 key members and their salaries (Food Processing Suppliers Association's CEO's salary is $590,955 and their total compensation is $670,471):
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- Compensation: $590,955
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- Compensation: $266,394
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- Other: $38,758
- Compensation: $247,926
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- Other: $48,481
Official website here: www.fpsa.org
Where can I find the form 990 for Food Processing Suppliers Association?
Food Processing Suppliers Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fpsa.org
Learn more at the official website: www.fpsa.org
Mission Statement of Food Processing Suppliers Association
The Food Processing Suppliers Association, abbreviated as FPSA, is dedicated to serving its members by providing them with ample networking, marketing, and educational opportunities. This mission is not just a mere statement, but a commitment to help ensure the future prosperity of the food processing industry. The association achieves this goal through charitable contributions and educational scholarships.
Beyond its member-centric mission, FPSA also plays a significant role in the food processing industry. Every other odd-numbered year, the association hosts Process Expo, a prestigious trade show. This event serves as a platform where buyers and sellers can forge connections, explore innovative technologies, and discover new capabilities. During even-numbered years, the FPSA records the personnel and office costs related to the trade show as an expense in the year when these costs are incurred. This approach not only manages the association's financials effectively but also ensures the smooth operation of the industry-defining event.
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Impact
October, 2024
The Food Processing Suppliers Association (FPSA) significantly influences the food processing industry by fostering strong connections and facilitating growth among its members. Through networking opportunities, members can build relationships with key buyers and sellers, effectively enhancing business prospects. The organization's flagship event, PROCESS EXPO, stands out as the premier trade show that allows industry stakeholders to explore cutting-edge technologies and capabilities, crucial for staying competitive in a rapidly evolving market.
FPSA's commitment to education further strengthens the industry by offering valuable resources and knowledge-sharing platforms, which help members adapt to industry changes and innovations. Charitable contributions and educational scholarships also play a pivotal role in cultivating the future workforce of the industry, ensuring that the next generation is equipped with the necessary skills and insights. Overall, the FPSA’s initiatives not only advance individual businesses but also contribute to the overall health and sustainability of the food processing sector.
This information is meant to be a general summary of Food Processing Suppliers 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,274,431
- Program Service Revenue: $690,621
- Gross Receipts: $3,223,145
Assets and Liabilities:
- Total Assets: $17,907,783
- Total Liabilities: $724,608
- Net Assets: $17,183,175
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP
Revenue
$559,863
CONFERENCES
Revenue
$170,980
LOSS FROM TRADE SHOW
Revenue
-$40,222
Organization Details
Founding Year
1919
Phone
(703) 761-2600Principal Officer
David Seckman
Main Address
1451 DOLLEY MADISON BLVD, MCLEAN, VA, 221013850
Website
www.fpsa.orgNTEE Category
Code: S41 - Community improvement
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