2024-08-21T08:21:24-05:00 2023-12-31 221914888 NISIVOCCIA LLP 200 VALLEY RD SUITE 300 MT ARLINGTON NJ 07856 990 2023-01-01 223618468 INTERFAITH FOOD PANTRY INC INTE 9735388049 2 EXECUTIVE DRIVE MORRIS PLAINS NJ 07950 CAROLYN LAKE EXECUTIVE DIRECTOR 9735388049 2024-08-20 1 0 ANTHONY RISPOLI P02467381 9733281825 2024-08-05 2023 2024-08-08 14:25:15Z CAROLYN LAKE 2 EXECUTIVE DRIVE MORRIS PLAINS NJ 07950 7397215 0 X WWW.MCIFP.ORG X 1998 NJ TO IMPROVE THE HEALTH OF MORRIS COUNTY, NJ RESIDENTS BY PROVIDING ACCESS TO FOOD, NUTRITION EDUCATION AND RELATED RESOURCES AND TO PROVIDE VOLUNTEER OPPORTUNITIES AND EDUCATE THE PUBLIC ABOUT HUNGER. 13 12 32 332 0 0 6330380 7014817 0 0 88587 160802 7000 -42 6425967 7175577 3242216 4160861 0 0 1714168 1748573 0 0 337463 909654 1133586 5866038 7043020 559929 132557 8436512 8659595 45971 44790 8390541 8614805 TO IMPROVE THE HEALTH OF MORRIS COUNTY, NJ RESIDENTS BY PROVIDING ACCESS TO FOOD, NUTRITION EDUCATION AND RELATED RESOURCES AND TO PROVIDE VOLUNTEER OPPORTUNITIES AND EDUCATE THE PUBLIC ABOUT HUNGER. 0 0 6547207 4160861 WE ARE A FOOD DISTRIBUTION PROGRAM PRIMARILY ENGAGED IN COLLECTION, SALVAGING, PREPARATION, AND DISTRIBUTION OF FOOD FOR THE FOOD INSECURE IN MORRIS COUNTY, NJ. WE ALSO DELIVER GROCERIES TO PERSONS, WHO BY REASON OF AGE, DISABILITY, OR ILLNESS, ARE UNABLE TO DO SO FOR THEMSELVES AND PROVIDE NUTRITION EDUCATION TO OUR CLIENTS AND EDUCATE DONORS AND THE PUBLIC ABOUT HUNGER IN MORRIS COUNTY, NJ. 6547207 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 6 0 1 32 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NJ X WENDY POTKAY 9735388049 2 EXECUTIVE DRIVE MORRIS PLAINS NJ 07950 CAROLYN LAKE EXECUTIVE DIRECTOR 40.00 X X 190499 0 17064 TIM LOCKWOOD PRESIDENT 2.00 X X 0 0 0 BRUCE SEIDMON VICE- PRESIDENT 2.00 X X 0 0 0 NATHAN UMBRIAC SECRETARY 2.00 X X 0 0 0 JOHN EADE TREASURER 3.00 X X 0 0 0 SUSIE SCHUB TRUSTEE 2.00 X 0 0 0 CHRIS MACDONALD TRUSTEE 2.00 X 0 0 0 HELEN HALLBERG TRUSTEE 2.00 X 0 0 0 ROSALEE GORDON TRUSTEE 2.00 X 0 0 0 TOM BONTEMPO TRUSTEE 2.00 X 0 0 0 DANA SPANGHER ASST. TREASURER 2.00 X X 0 0 0 AMY WIWI TRUSTEE 2.00 X 0 0 0 GREG SUPRON PAST PRESIDENT 2.00 X 0 0 0 190499 0 17064 1 0 1 0 0 373026 142506 6499285 4218477 7014817 128957 128957 62182 30337 31845 31845 31845 167369 373026 179356 -11987 -11987 23890 11945 11945 11945 7175577 0 0 160760 4160861 4160861 207563 153597 16605 37361 1205537 892097 96444 216996 65001 48101 5200 11700 155226 114867 12418 27941 115246 85282 9220 20744 13750 13750 30657 28232 2425 50895 28174 22721 174912 174912 225515 225515 33275 30987 2288 FOOD PURCHASES 518899 518899 SUPPLIES AND EQUIPMENT 60697 60697 VOLUNTEER AND STAFF TRA 13348 13348 COMMUNITY ENGAGEMENT EX 9428 9428 2210 2210 7043020 6547207 158350 337463 3146876 1443072 372276 363000 15347 10143 5429379 1689186 2650003 3740193 1822768 2605110 429242 498077 8436512 8659595 45971 44790 45971 44790 X 7626413 8614805 764128 0 8390541 8614805 8436512 8659595 132557 95140 -3433 0 X X 0 1 X 1 0 X 4161598 7588186 7639462 6330380 7014817 32734443 4161598 7588186 7639462 6330380 7014817 32734443 581675 32152768 21973 22340 48389 51193 128957 272852 285481 123473 408954 33416249 0.96220 0.95280 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING EVENTS - 2019 AMOUNT: $ 285,481. 2020 AMOUNT: $ 123,473. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4887383 1230222 3657161 541996 458964 83032 3740193 POOLED INVESTMENT FUND 498077 F 498077 X 7267284 95140 95140 7172144 3433 3433 7175577 7043020 0 7043020 0 7043020 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISION OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE ORGANIZATION IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY CORPORATIONS AND ORGANIZATIONS NOT-FOR-PROFIT ACT. ACCORDINGLY, NO PROVISIONFOR FEDERAL OR STATE INCOME TAX HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION FOLLOWS THE PROVISIONS OF FASB ASC, INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION AS THEY RELATE TO THOSE TAX POSITIONS. THE ORGANIZATION DOES NOT EXPECT A SIGNIFICANT INCREASE OR DECREASE TO THE TOTAL AMOUNTS OF UNRECOGNIZED TAX POSITIONS DURING THE YEARS ENDED DECEMBER 31, 2023 AND 2022. HOWEVER, THE ORGANIZATION IS SUBJECT TO AUDIT BY TAX AUTHORITIES INCLUDING A REVIEW OF ITS NONPROFIT STATUS WHICH MANAGEMENT BELIEVES WOULD BE UPHELD UPON EXAMINATION. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS.NONETHELESS, THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES MAY DIFFER MATERIALLY FROM THE AMOUNTS ACCRUED FOR EACH YEAR. AS REQUIRED BY LAW, THE ORGANIZATION FILES INFORMATIONAL RETURNS WITH BOTH THE FEDERAL AND NEW JERSEY STATE GOVERNMENTS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, AND FORM CRI-300R WITH THE STATE OF NEW JERSEY. THESE RETURNS ARE SUBJECT TO EXAMINATION WITHIN CERTAIN STATUTORY PERIODS FROM THEIR RESPECTIVE FILING DATES. SPRING GALA 349910 277022 72888 60943 TURKEY TROT 153879 39017 114862 53794 1 14981 12424 2557 2557 518770 328463 190307 117294 117294 73013 23890 11945 0 23890 11945 11945 11945 NJ 0 0 0 0 1.00000 CAROLYN LAKE 2 EXECUTIVE DRIVE MORRIS PLAINS NJ 07950 0 CAROLYN LAKE X 0 1 PROVIDE EMERGENCY FOOD ITEMS 90165 4160861 FMV SUPPLEMENTARY AND EMERGENCY FOOD ITEMS X 0 0 0 0 0 0 0 0 0 CAROLYN LAKE EXECUTIVE DIRECTOR 155000 0 35499 0 0 0 4501 0 12563 0 207563 0 0 0 X 8 66892 FMV X 1474555 4151585 FMV BY POUND 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B INTERFAITH FOOD PANTRY, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PROVIDED TO THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH A REASONABLE AMOUNT OF TIME TO REVIEW THE FORM 990. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED THROUGH MANAGEMENT TO THE OUTSIDE ACCOUNTING FIRM. ANY APPLICABLE ISSUES ARE ADDRESSED PRIOR TO THE RETURN BEING FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C INTERFAITH FOOD PANTRY, INC. CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, THE GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST, MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THAT THERE IS NO LONGER A CONFLICT. IN ADDITION, WHENEVER A LARGE PURCHASE OR OTHER TRANSACTION FOR SERVICES ARE PROVIDED THEY ARE REVIEWED FOR APPROVAL. THE TRUSTEES ARE REQUIRED TO MAKE FULL DISCLOSURE OF ANY INTEREST THEY, THEIR FAMILY, OR ORGANIZATION MAY HAVE. THE BOARD THEN DECIDES IF INVOLVEMENT WOULD CONSTITUTE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE ORGANIZATIONS OFFICERS OR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES, AN INDEPENDENT BODY. THE QUALIFICATIONS AND EXPERIENCE OF THE INDIVIDUAL ARE ALSO TAKEN INTO ACCOUNT WHEN DETERMINING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 INTERFAITH FOOD PANTRY, INC. MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT THE ORGANIZATION'S OFFICE AT 2 EXECUTIVE DRIVE, MORRIS PLAINS, NJ 07950. IN ADDITION, THE FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE ORGANIZATION'S OFFICE AT 2 EXECUTIVE DRIVE, MORRIS PLAINS, NJ 07950. FORM 990 PART XII LINE 2C NO CHANGE FROM THE PRIOR YEAR.