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Nonprofit · EIN 83-1579781

REFED INC

Tax-exempt · CHICAGO, IL 60603

Financials

$12.4M$6.3M2023$13.2M$8.6M2024
Revenue Expenses · by fiscal year end
Financials of REFED INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$13,222,438$8,630,104$4,592,334$15,218,674$883,667$14,335,007
December 31, 2023990$12,394,783$6,268,073$6,126,710$10,012,463$300,849$9,711,614
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$12,528,491
Program service revenue
$398,215
Investment income
$295,732
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,236,346
Compensation of officers, directors and key employees
$919,453
Other salaries and wages
$2,384,688
Salaries, compensation and benefits (total)
$3,954,669
Professional fundraising fees
$0
Legal fees
$58,550
Accounting fees
$78,043
Occupancy
$24,434
Travel
$376,710
Program services (functional)
$6,720,048
Management and general (functional)
$1,409,615
Fundraising (functional)
$500,441

Balance sheet and other

Total assets, start of year
$10,012,463
Total assets, end of year
$15,218,674
Total liabilities, end of year
$883,667
Net assets, end of year
$14,335,007
Net assets without donor restrictions
$13,225,175
Net assets with donor restrictions
$1,109,832
Gross receipts
$13,222,438
Employees
32
Volunteers
11
Year formed
2018
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DANA GUNDERS RIVEROPRESIDENT
Officer
40$258,107$39,443
ASCH HARWOODVP, DATA & INSIGHTS
Key employee
40$168,736$49,726
SHAWN SHEPHERDVP, OPERATIONS & FINANCE
Officer
40$187,603$19,193
ALEXANDRIA COARIVP, CAPITAL, INNOVATION & GLOBAL INITIATIVES
Key employee
40$178,738$17,907
JEFFREY COSTANTINOCOMMUNICATIONS DIRECTOR
Highest-paid employee
40$148,582$19,420
KATHLEEN FRANKLINDIRECTOR OF FINANCE & ADMINISTRATION
Highest-paid employee
40$138,097$28,326
JACQUELINE SUGGITTVP, BUSINESS INITIATIVES & COMMUNITY ENGAGEMENT
Highest-paid employee
40$132,200$16,046
DINA SINCLAIRDIRECTOR OF ENGINEERING
Highest-paid employee
40$135,708$4,260
TRAVIS WRIGHTVP, PRODUCT
Highest-paid employee
40$127,332$9,446
PAMELA MURPHYBOARD CHAIR
Trustee or director, Officer
2$0$0
EMILY MASECRETARY
Trustee or director, Officer
2$0$0
STEVEN SWARTZTREASURER
Trustee or director, Officer
2$0$0
SHASHANK MOHANDIRECTOR
Trustee or director
2$0$0
IDA POSNERDIRECTOR
Trustee or director
2$0$0
JEFFREY RHODESDIRECTOR
Trustee or director
2$0$0
7 more people on this return
NameTitleHours / weekCompensation
EDUARDO ROMERODIRECTOR
Trustee or director
2$0
CHARLES C SAVITTDIRECTOR
Trustee or director
2$0
YALMAZ SIDDIQUIDIRECTOR
Trustee or director
2$0
KATHERINE SILVERTHORNEDIRECTOR
Trustee or director
2$0
JACK PESTELLODIRECTOR
Trustee or director
2$0
WENDY SLUSSERDIRECTOR
Trustee or director
2$0
JANINE GUILLOTDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensationOther / benefits
DANA GUNDERS RIVEROEXECUTIVE DIRECTOR
Officer
40$255,781$38,218
ASCH HARWOODVP, DATA & INSIGHTS
Key employee
40$160,610$47,402
ALEXANDRIA COARIVP, CAPITAL, INNOVATION, &
Key employee
40$170,936$16,915
SHAWN SHEPHERDDEVELOPMENT DIRECTOR
Key employee
40$157,209$17,128
JEFFREY COSTANTINOCOMMUNICATIONS DIRECTOR
Highest-paid employee
40$144,653$18,491
KATHLEEN FRANKLINOPERATIONS DIRECTOR
Officer
40$132,280$29,817
JACQUELINE SUGGITTDIRECTOR, CAPITAL & INNOVATION
Highest-paid employee
40$110,973$20,106
ANGELICA VEZASR. MANAGER, CAPITAL, INNOVATION & ENGAGEMENT
Highest-paid employee
40$106,152$13,809
JEFFERY ZURITASOFTWARE ENGINEER
Highest-paid employee
40$105,857$12,659
SAMUEL BUCKSR. MANAGER, DEVELOPMENT
Highest-paid employee
40$102,200$10,707
PAMELA MURPHYBOARD CHAIR
Trustee or director, Officer
2$0$0
EMILY MASECRETARY
Trustee or director, Officer
2$0$0
STEVEN SWARTZTREASURER
Trustee or director, Officer
2$0$0
EDUARDO ROMERODIRECTOR
Trustee or director
2$0$0
STACEY G KOEHNKEDIRECTOR
Trustee or director
2$0$0
CHARLES C SAVITTDIRECTOR
Trustee or director
2$0$0
SHASHANK MOHANDIRECTOR
Trustee or director
2$0$0
JEFFREY RHODESDIRECTOR
Trustee or director
2$0$0
YALMAZ SIDDIQUIDIRECTOR
Trustee or director
2$0$0
KATHERINE SILVERTHORNEDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
122 S MICHIGAN AVE STE 1390 # L74, CHICAGO, IL 60603-6036
In care of
% WEWORK - CHRIS COCHRAN
Principal officer (990 for 2024)
DANA GUNDERS RIVERO, 122 S MICHIGAN AVE 1390-L74, CHICAGO, IL 60603
Signed the 990
JEFFREY RHODES, TREASURER
Phone
(512) 947-2176
Website
REFED.ORG
Return prepared by
CITRIN COOPERMAN ADVISORS LLC

Mission

REFED CATALYZES THE FOOD SYSTEM TOWARD EVIDENCE-BASED ACTION TO STOP WASTING FOOD FOR THE CLIMATE, ENVIRONMENT, PEOPLE, AND THE ECONOMY.

990 for the year ended December 31, 2024

Program accomplishments

  • CAPITAL & INNOVATION PROGRAM SERVICE ACCOMPLISHMENTS:REFED'S CAPITAL & INNOVATION DIVISION CONTINUED TO FUND AND UNLOCK ADDITIONAL OPPORTUNITIES FOR ADVANCING SOLUTIONS TO FOOD WASTE THROUGH THE CATALYTIC GRANT FUND. TO DATE THE FUND HAS UNLOCKED AT LEAST $30M IN FUNDING FOR ITS PORTFOLIO OF GRANTEES REPRESENTING A 15X IMPACT OF REFED'S INITIAL GRANT INVESTMENT. IN WORKING DIRECTLY WITH CAPITAL PROVIDERS AND THOSE SEEKING CAPITAL, REFED CURATED 17 CONNECTIONS LEADING TO FUNDING. MORE BROADLY, WE IDENTIFIED AND PROMOTED 132 FUNDING OPPORTUNITIES VALUED AT OVER $240M THROUGH DEAL FLOW REPORTS.
    Expenses $2,457,234 · grants $1,161,346
  • DATA & INSIGHTS PROGRAM SERVICE ACCOMPLISHMENTS:REFED'S INSIGHTS ENGINE HAS NOW REACHED OVER 195,000 UNIQUE VISITORS AND THE ORGANIZATION HAS DOCUMENTED NEARLY 3,000 MEANINGFUL USE CASES OF STAKEHOLDERS ENGAGING WITH AND APPLYING THE DATA AND INSIGHTS SHARED WITHIN. REFED ALSO MIGRATED ITS DATA COLLECTION CAPABILITIES TO A WEB-BASED APPLICATION IN ORDER TO STREAMLINE FOOD BUSINESS DATA REPORTING, ENHANCE SECURITY CAPABILITIES, AND INCREASE DATA PROCESSING EFFICIENCIES. REFED ALSO ADVANCED NEW RESEARCH TO ENHANCE OUR UNDERSTANDING OF FOOD WASTE AND RELATED SOLUTIONS IN METHANE EMISSION FACTORS, PRODUCTION LOSSES IN BEEF AND DAIRY, ENHANCED SOLUTION MODELING IN THE MANUFACTURING SECTOR, AND WHOLE SUPPLY CHAIN ANALYSES OF BEEF, YOGURT, POTATOES, STRAWBERRIES, PLUMS, AND BANANAS.
    Expenses $1,956,370
  • BUSINESS INITIATIVES PROGRAM SERVICES ACCOMPLISHMENTS:REFED NOTABLY EXPANDED THE MEMBERSHIP AND ACTIVITIES OF THE U.S. FOOD WASTE PACT, A NATIONAL VOLUNTARY AGREEMENT DESIGNED TO HELP WASTE-GENERATING BUSINESSES ACROSS THE FOOD SYSTEM TO ACCELERATE PROGRESS TOWARD THEIR SUSTAINABILITY GOALS. MEMBERSHIP NOW INCLUDES FOOD BUSINESSES FROM RETAIL, FOOD SERVICE, MANUFACTURING, AND QSR SECTORS, INCLUDING REPRESENTING OVER 60% OF THE U.S. RETAIL MARKET SHARE AS MEASURED BY RETAIL SALES. REFED ALSO CONTINUED TO PROVIDE CLIENT-FACING SERVICES TO INDIVIDUAL FOOD BUSINESSES, HELPING TO ALIGN FOOD WASTE REDUCTION, SUSTAINABILITY, AND OPERATIONAL STRATEGIES. IN TOTAL, REFED ENGAGED 46 BUSINESSES ACROSS THE YEAR.
    Expenses $1,885,722 · grants $75,000 · revenue $398,215
  • OTHER PROGRAM SERVICE ACCOMPLISHMENTS:REFED'S THOUGHT LEADERSHIP AND MOVEMENT BUILDING EFFORTS HAVE HELPED TO BUILD AN ENGAGED AUDIENCE OF NEARLY 27,000 STAKEHOLDERS FROM ACROSS THE FOOD SYSTEM. THE ANNUAL FOOD WASTE SOLUTIONS SUMMIT WELCOMED 727 ATTENDEES, ITS LARGEST AUDIENCE TO-DATE. REFED ALSO HOSTED 7 WEBINARS AND ENGAGED IN 36 ADDITIONAL SPEAKING ENGAGEMENTS. OUR MEDIA REACH INCLUDED 429 MEDIA MENTIONS AND AN OVERALL REACH OF 5 BILLION.
    Expenses $420,722

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-1579781
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$15,218,674
Income (IRS master file)
$13,222,438

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$13,222,438$8,630,104$15,218,674XML
990December 2023$12,394,783$6,268,073$10,012,463XML
990December 2022$5,483,716$4,840,302$3,888,431IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-1579781).

Questions about REFED INC

What is the EIN of REFED INC?
The employer identification number (EIN) of REFED INC is 83-1579781.
Is REFED INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to REFED INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does REFED INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of REFED INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did REFED INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of REFED INC?
The 990 for the year ended December 31, 2024 names DANA GUNDERS RIVERO.
Who are the officers and directors of REFED INC?
The 990 for the year ended December 31, 2024 lists 22 people; 9 received compensation from the organization, the highest $258,107 (DANA GUNDERS RIVERO, PRESIDENT).
How much revenue does REFED INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $13,222,438, expenses of $8,630,104 and total assets of $15,218,674 at year end.

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