2024-05-14T13:56:34-05:00 2023-06-30 111986323 MARCUM LLP 1 RESEARCH COURT SUITE 400 ROCKVILLE MD 20850 990 2022-07-01 134924480 AMERICAN SPICE TRADE ASSOCIATION AMER 2022935800 1101 17TH STREET NW 700 WASHINGTON DC 20036 LAURA SHUMOW EXECUTIVE DIRECTOR 2022935800 2024-05-14 1 LAURA SHUMOW 999009999 1 AARON FOX CPA P01365820 3016913600 2024-05-14 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z LAURA SHUMOW 1101 17TH STREET NW 700 WASHINGTON DC 20036 3120907 0 X WWW.ASTASPICE.ORG X 1908 NY AMERICAN SPICE TRADE ASSOCIATION, THE VOICE OF THE U.S. SPICE INDUSTRY, WORKS TO ENSURE THE SUPPLY OF CLEAN, SAFE SPICE, SHAPE PUBLIC POLICY ON BEHALF OF THE GLOBAL INDUSTRY AND ADVANCE THE BUSINESS INTERESTS OF ITS MEMBERS. 12 12 0 13 3000 0 0 0 1714376 2125540 45234 -54754 2500 7055 1762110 2077841 4000 12000 0 0 0 0 0 0 0 1816524 1896989 1820524 1908989 -58414 168852 1629252 1825425 280518 247767 1348734 1577658 AMERICAN SPICE TRADE ASSOCIATION, THE VOICE OF THE U.S. SPICE INDUSTRY, WORKS TO ENSURE THE SUPPLY OF CLEAN, SAFE SPICE, SHAPE PUBLIC POLICY ON BEHALF OF THE GLOBAL INDUSTRY AND ADVANCE THE BUSINESS INTERESTS OF ITS MEMBERS. 0 0 GOVERNMENT RELATIONS AND ADVOCACY - ASTA MONITORS FEDERAL, STATE, AND GLOBALREGULATORY AND LEGISLATIVE DEVELOPMENTS OF INTEREST TO THE U.S. SPICE TRADE AND ACTS AS ANADVOCATE FOR THE SPICE INDUSTRY. ANNUAL MEETING - THE ANNUAL MEETING IS ASTA'S ANNUAL EDUCATIONAL CONFERENCE FEATURING SPEAKERS ADDRESSING KEY INDUSTRY ISSUES AND EXHIBITS. IT DRAWS APPROXIMATELY 400-500 ATTENDEES REPRESENTING THE WORLDWIDE SPICE INDUSTRY. CHECK SAMPLE PROGRAM - THE CHECK SAMPLE PROGRAM PROVIDES A COST-EFFECTIVE MEANS FOR THE COMPARISON AND EVALUATION OF LABORATORY TESTING CAPABILITIES WITH REGARD TO BOTH PRECISION AND ACCURACY. THIS PROGRAM IS AVAILABLE TO BOTH MEMBERS AND NON-MEMBERS. 0 0 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 0 1 1 0 0 0 1 1 0 0 0 X 12 12 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X VERTO SOLUTIONS LLC 2022935800 1101 17TH STREET NW 700 WASHINGTON DC 20036 X PONTUS MATTSSON PRESIDENT 1.00 X X 0 0 0 SUVAN SHARMA VICE PRESIDENT / SECRETARY 1.00 X X 0 0 0 PETER SAYIA TREASURER 1.00 X X 0 0 0 LARRY LICHTER IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 MOSTAFA BEDAIR DIRECTOR 1.00 X 0 0 0 KERRI GOAD-BERRIOS DIRECTOR 1.00 X 0 0 0 BOB CLONEY DIRECTOR 1.00 X 0 0 0 CAROL KITCHEN DIRECTOR 1.00 X 0 0 0 BRIJESH KRISHNASWAMY DIRECTOR 1.00 X 0 0 0 LYNDA LATHROP DIRECTOR 1.00 X 0 0 0 JOHN MINARDI DIRECTOR 1.00 X 0 0 0 MANOJ RUPARELIA DIRECTOR 1.00 X 0 0 0 SUZANNE MUNSON ASSOCIATE GROUP DIRECTOR 1.00 X 0 0 0 LAURA SHUMOW EXECUTIVE DIRECTOR 40.00 X 0 0 0 0 0 0 0 0 0 0 VERTO SOLUTIONS LLC 1101 17TH STREET NW SUITE 700 WASHINGTON DC 20036 MGMT/PROFESSIONAL FEES 911458 DRUMFIRE PUBLIC AFFAIRS 820 FIRST ST NE SUITE 720 WASHINGTON DC 20002 PR SERVICES 107500 2 MEMBERSHIP DUES 611710 1133433 1133433 ANNUAL MEETING 611430 786260 631460 154800 CHECK SAMPLE & OTHER PROGRAMS 541900 112062 112062 GOVERNMENT RELATIONS 541900 90492 90492 PUBLICATIONS & EDUCATION 611710 3293 293 3000 2125540 34308 34308 954004 1043066 -89062 -89062 -89062 MISCELLANEOUS 900099 7055 7055 7055 2077841 1974795 3000 100046 12000 809194 63873 19025 27600 163936 35346 35991 462420 10593 RESEARCH 174511 BANK FEES 45229 CHECK SAMPLE 37009 COMMITTEE EXPENSES 12262 1908989 186226 147125 862779 467300 26051 56302 3566 81803 550199 1072895 431 0 1629252 1825425 210387 146673 70131 101094 280518 247767 X 1348734 1577658 1348734 1577658 1629252 1825425 168852 60072 0 X X 0 1 X 1 0 0 0 0 1133433 27600 27600 0 27600 0 X 2137913 60072 60072 2077841 0 2077841 1908989 0 1908989 0 1908989 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM ACTIVITIES NOT DIRECTLY RELATED TO THE ASSOCIATION'S TAX EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE ASSOCIATION HAS BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A "PRIVATE FOUNDATION" UNDER SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE. THE INCOME TAX POSITIONS TAKEN BY THE ASSOCIATION FOR ANY YEARS OPEN UNDER THE VARIOUS STATUES 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. 1 SCHOLARSHIP AWARD 4 12000 SCHOLARSHIPS PART I, LINE 2: ASTA HAS A SCHOLARSHIP COMMITTEE THAT REVIEWS STUDENT APPLICATIONS AND AWARDS SCHOLARSHIPS. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT COMPANY PROVIDES FACILITIES, STAFFING, GOVERNMENT RELATIONS AND OTHER MANAGEMENT SERVICES TO THE ORGANIZATION. NO OFFICERS, DIRECTORS OR KEY EMPLOYEES ARE COMPENSATED BY THE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN THE ASSOCIATION IS OF TWO TYPES: ACTIVE MEMBERS AND ASSOCIATE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS SHALL BE PROPOSED BY THE NOMINATING COMMITTEE AT EACH ANNUAL MEETING FOR APPROVAL BY THE ACTIVE MEMBERS. OFFICERS OF THE BOARD WILL BE SELECTED BY THE BOARD ITSELF, LIMITED TO ONLY THOSE INDIVIDUALS WHO ARE REPRESENTATIVES OF ACTIVE MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B ONLY ACTIVE MEMBERS HAVE A RIGHT TO VOTE IN THE BUSINESS OF THE ASSOCIATION. NO MEMBER FIRM SHALL HAVE MORE THAN ONE VOTE ON ANY SUBJECT. AT ANY DULY ORGANIZED MEETING OF MEMBERS, A MAJORITY OF THE ACTIVE MEMBERS VOTING IN PERSON AND ENTITLED TO VOTE AT SUCH MEETING SHALL DECIDE ANY QUESTION BROUGHT BEFORE SUCH MEETING EXCEPT AS OTHERWISE PROVIDED BY LAW OR THE GOVERNING DOCUMENTS OF THE ASSOCIATION FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS SHARED VIA EMAIL WITH THE BOARD PRIOR TO FILING. THE EXECUTIVE DIRECTOR REVIEWED FORM 990 PRIOR TO FILING IT WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE, IN WRITING, TO THE ASSOCIATION'S PRESIDENT, APPROPRIATE CHAIR, OR EXECUTIVE DIRECTOR, 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 UPON REQUEST FROM THE PUBLIC. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.