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Camara De Mercadeo Industria Y Distribucion De Alimentos Inc

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

EIN: 660628831 ✦ Guaynabo, PR ✦ Designated as a 501(c)(6)

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Overview

What is Camara De Mercadeo Industria Y Distribucion De Alimentos Inc?

Camara De Mercadeo Industria Y Distribucion De Alimentos Inc is a nonprofit organization dedicated to fostering growth in the private food industry. They accomplish this through their annual convention, where manufacturers and distributors present their goods and services at reduced prices in an event called the "MIDA Specials." Additionally, Camara de Mercadeo offers educational seminars on various technological, regulatory, and business topics to help their members comply with local laws and advance their businesses. Their mission is centered around promoting the development of the private food industry.

Is Camara De Mercadeo Industria Y Distribucion De Alimentos Inc legitimate?

Camara De Mercadeo Industria Y Distribucion De Alimentos Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Camara De Mercadeo Industria Y Distribucion De Alimentos 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $614,205

For more financial information, click here

What is the mission statement of Camara De Mercadeo Industria Y Distribucion De Alimentos Inc?

Camara De Mercadeo Industria Y Distribucion De Alimentos Inc's mission is centered around promoting the growth of the private food industry. They accomplish this through their annual convention, where manufacturers and distributors offer their products and services at reduced prices in an event known as "MIDA Specials." Additionally, the organization conducts seminars on various topics related to technology, regulations, and business to aid in the development of its member businesses and ensure they adhere to local laws.

Who is the CEO of Camara De Mercadeo Industria Y Distribucion De Alimentos Inc?

Manuel Reyes Alfonso is the Vicepresiden of Camara De Mercadeo Industria Y Distribucion De Alimentos Inc.

What is the revenue of Camara De Mercadeo Industria Y Distribucion De Alimentos Inc?

Camara De Mercadeo Industria Y Distribucion De Alimentos Inc's revenue in 2023 was $2,414,917.

Who are the executives of Camara De Mercadeo Industria Y Distribucion De Alimentos Inc and what are their salaries?

The average compensation at Camara De Mercadeo Industria Y Distribucion De Alimentos Inc during 2023 was $55,837. There are 11 employees at Camara De Mercadeo Industria Y Distribucion De Alimentos Inc.


Here are 6 key members and their salaries:


Manuel Reyes Alfonso (Vicepresiden)
  • Compensation: $165,000
  • Related: $0
  • Other: $0
Felix Aponte (First Vicepr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ferdysac Marquez (Expresident)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joeyleen Quinones (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milagros Cabrera (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sammy Ramos (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Camara De Mercadeo Industria Y Distribucion De Alimentos Inc?

Camara De Mercadeo Industria Y Distribucion De Alimentos Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Camara De Mercadeo Industria Y Distribucion De Alimentos Inc

Camara de Mercadeo Industria Y Distribucion de Alimentos Inc, a prominent organization within the private food industry, is dedicated to its development. Through annual conventions, they facilitate the "MIDA Specials," a distinctive event where manufacturers and distributors showcase their products and services at reduced prices. This initiative not only benefits the organization's members but also contributes to the overall growth of the private food industry.

Beyond the MIDA Specials, Camara de Mercadeo Industria Y Distribucion de Alimentos Inc also conducts seminars on various topics related to technology, regulations, and business practices. These educational sessions are designed to support the development of their member businesses and ensure their compliance with local laws. By providing this valuable resource, the organization plays a crucial role in fostering a well-informed and responsible private food industry.

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Impact




October, 2024

Camara De Mercadeo Industria Y Distribucion De Alimentos Inc plays a pivotal role in enhancing the private food industry by fostering collaboration among manufacturers, distributors, and stakeholders. Its annual convention, featuring the "MIDA Specials," incentivizes participation through discounts, making it easier for businesses to access and expand their offerings. This event not only facilitates direct sales but also strengthens community ties within the food sector.

Additionally, the organization addresses crucial business needs by offering seminars focused on technological advancements, regulatory compliance, and best practices. This educational approach equips member businesses with the knowledge necessary to navigate industry challenges and adhere to local laws, thereby contributing to their overall growth and sustainability. The focus on community improvement encourages a thriving food ecosystem that benefits both producers and consumers. Through these initiatives, Camara De Mercadeo Industria Y Distribucion De Alimentos Inc significantly enhances the viability and competitiveness of the regional food industry.




This information is meant to be a general summary of Camara De Mercadeo Industria Y Distribucion De Alimentos 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
$2,414,917 (2023)
Expenses
$1,831,151 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $68,732
  • Program Service Revenue: $1,844,262
  • Gross Receipts: $2,414,917

Assets and Liabilities:

  • Total Assets: $5,997,845
  • Total Liabilities: $1,243,312
  • Net Assets: $4,754,533

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Programs

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

CONVENTION

Revenue

$1,783,191

SEMINARS AND OTHER ACTIVITIES

Revenue

$41,740

NEWSPAPER

Revenue

$18,534

OTHER INCOME

Revenue

$797

Organization Details

Founding Year

2003

Principal Officer

Manuel Reyes Alfonso

Main Address

90 CARR 165 STE 501, GUAYNABO, PR, 00966

NTEE Category

Code: S46 - Community improvement

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