2024-02-15T09:23:55-06:00 2023-03-31 111986323 MARCUM LLP 1 RESEARCH COURT SUITE 400 ROCKVILLE MD 20850 990 2022-04-01 237104346 FLAVOR AND EXTRACT MANUFACTURERS ASSOCIATION OF THE UNITED STATES INC FLAV 2022935800 1101 17TH STREET NW 700 WASHINGTON DC 20036 GEORGE SOUTHWORTH EXECUTIVE DIRECTOR 2022935800 2024-02-14 1 GEORGE SOUTHWORTH 999009999 1 AARON FOX CPA P01365820 3016913600 2024-02-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GEORGE SOUTHWORTH 1101 17TH STREET NW 700 WASHINGTON DC 20036 5864915 0 X WWW.FEMAFLAVOR.ORG X 1909 MD COOPERATION, PROMOTION, AND PROTECTION OF THE BUSINESS INTERESTS OF ITS MEMBERS, FOSTERING GOODWILL AMONG ITS MEMBERS AND ASSISTANCE IN ENACTMENT AND ENFORCEMENT OF LAWS WHICH SHALL DEAL JUSTLY WITH THE RIGHTS OF FLAVORING EXTRACT MANUFACTURERS AND CONSUMERS. 11 11 0 0 0 0 675000 675000 4890987 5120796 48958 69119 0 0 5614945 5864915 0 5000 0 0 0 0 0 0 0 5162265 5661927 5162265 5666927 452680 197988 6655879 6453388 1477928 1264102 5177951 5189286 X THE FLAVOR AND EXTRACT MANUFACTURERS ASSOCIATION OF THE UNITED STATES, INC. (THE ASSOCIATION) FURTHERS THE BUSINESS INTERESTS OF ITS MEMBERS THROUGH A SOUND SCIENTIFIC PROGRAM DESIGNED TO PROMOTE THE SAFE USE OF FLAVORS. THROUGH EFFECTIVE REPRESENTATION OF ITS MEMBERS, THE ASSOCIATION FOSTERS A GLOBAL ENVIRONMENT IN WHICH THE FLAVOR INDUSTRY CAN CREATE, INNOVATE, AND COMPETE. 0 0 SCIENTIFIC STUDIES CONDUCTED BY THE ASSOCIATION TO PROVIDE DATA NECESSARY TO SUPPORT THE EVALUATION OF THE SAFETY OF FLAVORS. A GOVERNMENT RELATIONS PROGRAM TO MONITOR FEDERAL, STATE, AND INTERNATIONAL LEGISLATIVE AND REGULATORY ACTIVITIES AFFECTING THE FLAVOR INDUSTRY AND REPRESENT THE INTEREST OF THE INDUSTRY BEFORE GOVERNMENT AGENCIES. A PANEL OF SCIENTIFIC EXPERTS IS RETAINED BY THE ASSOCIATION TO ADVISE IT ON MATTERS OF INGREDIENT SAFETY. FEMA DID NOT ENGAGE IN LOBBYING ACTIVITIES DURING THE YEAR. ANNUAL MEETINGS HELD, ATTENDED BY 150 TO 200 REPRESENTATIVES OF MEMBER COMPANIES AT WHICH THE MEMBERSHIP IS UPDATED ON NEW PROGRAMS AND TOPICS OF CURRENT INTEREST TO THE INDUSTRY AND THE BUSINESS OF THE ASSOCIATION IS CONDUCTED. 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 0 0 0 0 0 1 1 0 0 0 X 11 11 0 1 0 0 1 1 1 1 1 0 0 0 1 1 1 0 1 0 0 0 X VERTO SOLUTIONS LLC 2022935800 1101 17TH STREET NW 700 WASHINGTON DC 20036 X LOUIE D'AMICO ENDED 0322 PRESIDENT 3.00 X X 0 0 0 SHAWN BLYTHE PRESIDENT-ELECT 3.00 X X 0 0 0 PAUL GRAHAM TREASURER 3.00 X X 0 0 0 SUZANNE C JOHNSON PRESIDENT 3.00 X X 0 0 0 MARKUS A ECKERT BOARD MEMBER 3.00 X 0 0 0 KELLI HEINZ BOARD MEMBER 3.00 X 0 0 0 LUCY REID BOARD MEMBER 3.00 X 0 0 0 LAURETTE RONDENET VICE PRESIDENT / SECRETARY 3.00 X 0 0 0 RODERICK SOWDERS BOARD MEMBER 3.00 X 0 0 0 DANELLE BARBARO BOARD MEMBER 3.00 X 0 0 0 CHRISTOPHER PERKINS BOARD MEMBER 3.00 X 0 0 0 DOLF DEROVIRA BOARD MEMBER 3.00 X 0 0 0 JOHN HALLAGAN ENDED 0122 INTERIM EXEC DIRECTOR 40.00 X 0 0 0 GEORGE SOUTHWORTH EXEC DIRECTOR 40.00 X 0 0 0 0 0 0 0 0 0 0 0 675000 675000 MEMBERSHIP DUES 541900 4285231 4285231 EXPERT PANEL FEES 541900 466850 466850 MEMBERSHIP MEETINGS 611430 367568 367568 OTHER PROGRAM SERVICES 541900 1147 1147 5120796 60363 60363 8756 0 8756 8756 8756 5864915 5120796 0 69119 5000 2870353 542869 27250 83546 67050 3251 256301 499364 6563 24567 DUES & ASSESSMENTS 925205 PANEL HONORARIA 333750 BANK & CREDIT CARD FEES 14958 GIFTS 5093 1807 5666927 546559 720434 3372525 2531726 316483 642029 53621 75837 2360129 2483362 6562 0 6655879 6453388 1314388 1082501 163540 181601 1477928 1264102 X 5076682 5088017 101269 101269 5177951 5189286 6655879 6453388 197988 -186653 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 X 5678262 -186653 -186653 5864915 0 5864915 5666927 0 5666927 0 5666927 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. INCOME FROM NONEXEMPT FUNCTIONS IS SUBJECT TO UNRELATED BUSINESS INCOME TAXES TO THE EXTENT THAT THE REVENUE EXCEEDS RELATED COSTS. THE ASSOCIATION DID NOT INCUR ANY UNRELATED BUSINESS INCOME TAXES FOR THE FISCAL YEARS ENDED MARCH 31, 2023 AND 2022. IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THE ASSOCIATION IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A)(2). THE INCOME TAX POSITIONS TAKEN BY THE ASSOCIATION FOR ANY YEARS OPEN UNDER THE VARIOUS STATUTES OF LIMITATIONS ARE THAT THE ASSOCIATION CONTINUES TO BE EXEMPT FROM THE INCOME TAXES AND THAT THEY HAVE PROPERLY REPORTED UNRELATED BUSINESS INCOME THAT IS SUBJECT TO INCOME TAXES. THE ASSOCIATION BELIEVES THAT THERE ARE NO TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD SIGNIFICANTLY INCREASE UNRECOGNIZED TAX LIABILITIES WITHIN 12 MONTHS OF THE REPORTING DATE. NONE OF THE ASSOCIATION'S FEDERAL OR STATE INCOME TAX RETURNS ARE CURRENTLY UNDER EXAMINATION. FORM 990, PART VI, SECTION A, LINE 3 VERTO SOLUTIONS, LLC, A TRADE ASSOCIATION MANAGEMENT COMPANY, PERFORMS MANAGEMENT AND OTHER PROFESSIONAL SERVICES ON BEHALF OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF THE ASSOCIATION SHALL CONSIST OF TWO CLASSES KNOWN AS ACTIVE MEMBERS AND ASSOCIATE MEMBERS. MEMBERS CONSIST OF INDIVIDUALS, FIRMS, AND CORPORATIONS ENGAGED IN THE USE, MANUFACTURE, SUPPLY OR SALE OF FLAVORS, FLAVOR INGREDIENTS, OR SYRUPS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF GOVERNORS SHALL BE ELECTED AT THE ANNUAL MEETING OR ANY SPECIAL MEETING CALLED FOR THAT PURPOSE. ONLY REPRESENTATIVES OF ACTIVE MEMBERS ARE ELIGIBLE TO SERVE AS GOVERNORS. THE BOARD OF GOVERNORS SHALL GOVERN AND MANAGE THE ASSOCIATION ESTABLISHING STRATEGIES, TACTICS, POLICIES AND ACTIONS TO FURTHER THE GOALS OF THE ASSOCIATION AND ITS MEMBERS. ONLY ACTIVE MEMBERS CAN VOTE AND ARE ENTITLED TO NO MORE THAN ONE VOTE ON ANY SUBJECT AT ANY ASSOCIATION MEETING. A QUORUM FOR ANY MEETING SHALL CONSIST OF 30 ACTIVE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE ORDER OF BUSINESS FOR ANNUAL AND SPECIAL MEETINGS SHALL BE DETERMINED BY THE RULES PREPARED BY THE BOARD OF GOVERNORS IN ACCORDANCE WITH THE PROVISIONS OF THE ASSOCIATIONS BY LAWS. THE REGULAR ORDER OF BUSINESS MAY BE CHANGED BY A TWO-THIRDS VOTE OF THE MEMBERS PRESENT AT ANY MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE ASSOCIATION'S INDEPENDENT PUBLIC ACCOUNTANTS PREPARE A DRAFT OF FORM 990 AND REVIEW IT WITH THE DIRECTOR OF FINANCE. THEN THE DIRECTOR OF FINANCE REVIEWS THE FORM WITH THE PRESIDENT, EXECUTIVE DIRECTOR, AND TREASURER OF THE ASSOCIATION WHO GIVES THE FINAL APPROVAL PRIOR TO FILING IT WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF GOVERNORS ARE REQUIRED TO DISCLOSE, IN WRITING, TO THE ASSOCIATION'S GENERAL COUNSEL AND THE BOARD OF GOVERNORS, ANY INTEREST THAT MIGHT CONFLICT WITH THE ASSOCIATION OR THAT POLICY OR WHEN SUCH A SITUATION ARISES. NEW BOARD MEMBERS ARE THOROUGHLY BRIEFED ON THE POLICY AND CONTINUING MEMBERS ARE REGULARLY REMINDED. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION'S GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C PROCESS IS CONSISTENT WITH PRIOR YEAR.