2023-11-13T08:39:04-06:00 2022-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-01-01 460673197 THE URBAN FOOD INITIATIVE INC URBA 6175068970 420 WASHINGTON STREET DORCHESTER MA 02124 DOUGLAS RAUCH PRESIDENT 6176202924 2023-11-08 1 DOUGLAS RAUCH XXX-XX-XXXX 1 NICHOLE REILLY CPA P01633587 5083669100 2023-11-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAILY TABLE DOUGLAS RAUCH 420 WASHINGTON STREET DORCHESTER MA 02124 10814169 0 X HTTP://DAILYTABLE.ORG X 2012 MA DAILY TABLE IS AN INNOVATIVE RETAIL APPROACH TO PROVIDING AFFORDABLE WHOLESOME FOOD TO THE ECONOMICALLY DISADVANTAGED AND UNDERSERVED IN OUR INNER CITIES TO HELP SOLVE THE SOCIAL CHALLENGE OF HUNGER AND OBESITY IN AMERICA. 13 13 136 800 0 0 3890103 5230574 0 0 230 191 363120 238513 4253453 5469278 0 0 0 0 2224956 2798314 0 0 345676 2006966 2274891 4231922 5073205 21531 396073 3931004 8603004 1474399 5710326 2456605 2892678 X AT DAILY TABLE WE BELIEVE THAT DELICIOUS, WHOLESOME AND AFFORDABLE FOOD SHOULD BE AVAILABLE TO ALL. OUR MISSION IS TO HELP COMMUNITIES MAKE GREAT FOOD CHOICES BY MAKING IT EASY TO CHOOSE TASTY, HEALTHY, CONVENIENT AND TRULY AFFORDABLE MEALS AND GROCERIES. WE DO THIS IN A RESPECTFUL MANNER THAT HONORS OUR CUSTOMER, ENGENDERING DIGNITY. 0 0 3810123 238513 CREATE A COMMUNITY-BASED RETAIL FOOD SERVICE OPERATION OFFERING WIDE-SPREAD ACCESS TO HIGH QUALITY, NUTRITIONALLY ADVANTAGED FOOD ITEMS AT A FRACTION OF TYPICAL PRICES. 150165 OPERATE A TEACHING KITCHEN TO TEACH COMMUNITY MEMBERS SKILLS IN COOKING, HEALTHY MEAL PLANNING, BUDGETING, LABEL READING AND NUTRITION. 3960288 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5 0 1 136 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 MA X MICHAEL MALMBERG 6175068970 420 WASHINGTON STREET DORCHESTER MA 02124 DOUGLAS RAUCH CHAIR 1.00 X X 0 0 0 JOSE ALVAREZ SECRETARY/TREASURER 1.00 X X 0 0 0 JAY MARTIN GOVERNANCE CHAIR 1.00 X 0 0 0 DAVID MERSKY DEVELOPMENT CHAIR 1.00 X 0 0 0 KATRINA FOSTER DIRECTOR 1.00 X 0 0 0 SCOTT FINLOW DIRECTOR 1.00 X 0 0 0 MERHDAD NOORANI DIRECTOR 1.00 X 0 0 0 KAREN SAMMON DIRECTOR 1.00 X 0 0 0 MAUREEN TIMMONS DIRECTOR 1.00 X 0 0 0 SANDRA KING DIRECTOR 1.00 X 0 0 0 HATTIE HILL DIRECTOR 1.00 X 0 0 0 BILL WALCZAK DIRECTOR 1.00 X 0 0 0 TAMEKA MOSS DIRECTOR 1.00 X 0 0 0 ROBERT TWYMAN CHIEF EXECUTIVE OFFICER 40.00 X 46762 0 2719 KATHERINE LEAHY CHIEF FINANCIAL OFFICER 40.00 X 71028 0 6415 CHARLES OCITTI CHIEF FINANCIAL OFFICER (UNTIL 4/22) 40.00 X 40019 0 0 MICHAEL MALMBERG COO 40.00 X 132599 0 3553 JONATHAN HUNTLEY DIRECTOR OF OPERATIONS 40.00 X 107660 0 0 398068 0 12687 2 0 0 0 0 1533055 3697519 59280 5230574 191 191 5580237 5344891 235346 235346 MISCELLANEOUS INCOME 900099 3167 3167 3167 5469278 238513 0 191 175030 38241 128595 8194 2255177 1838106 160409 256662 96986 74568 7919 14499 271121 216032 27620 27469 51476 51476 148043 131209 16834 73182 16599 37035 19548 319536 102428 197804 19304 60918 18956 41962 809731 784283 25448 1063 1063 499304 497988 1316 85551 29182 56369 SUPPLIES 111555 108094 3461 EQUIPMENT 100061 98198 1863 MISCELLANEOUS 14471 6404 8067 5073205 3960288 767241 345676 1817135 1143167 433582 338773 50000 1768252 48559 48725 111718 149836 11974 23726 3792584 2838137 1448036 954447 10000 4176078 3931004 8603004 493594 807012 341413 672734 499848 520050 139544 3710530 1474399 5710326 X 1263605 742022 1193000 2150656 2456605 2892678 3931004 8603004 X 396073 40000 X X 0 1 X 1 0 X 1425590 3406421 2211729 3890103 4061355 14995198 1425590 3406421 2211729 3890103 4061355 14995198 3225435 11769763 4 6 32 230 191 463 14995661 1786334 0.78490 0.79490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2341040 1892422 448618 1390973 917686 473287 60571 28029 32542 954447 SECURITY DEPOSIT 14337 RIGHT-OF-USE ASSETS - OPERATING 3618708 CONSTRUCTION IN PROGRESS 543033 4176078 CONDITIONAL DEBT 80000 OPERATING LEASE LIABILITIES 3630530 3710530 X 5509278 40000 40000 5469278 0 5469278 5073205 0 5073205 0 5073205 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2022. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FORGIVENESS OF DEBT 40,000. X REFRIGERATOR CASES 11 59280 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT AND TREASURER REVIEW A DRAFT OF THE 990 BEFORE FILING IT. FORM 990, PART VI, SECTION B, LINE 12C AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE MAY LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXCERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLE POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRSNSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPROATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE CEO'S SALARY WAS DETERMINED DURING THE INITIAL RECRUITING PROCESS WITH THE BOARD SEARCH COMMITTEE AND THE OUTSIDE RECRUITING CONSULTANT. THE RECRUITING CONSULTANT HELPED PROVIDE PERSPECTIVE ON MARKET DATA FOR SIMILAR ORGANIZATIONS OF OUR SIZE AND SCOPE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY & FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: FORGIVENESS OF DEBT 40,000. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE ASSUMES OVERSIGHT OF THE AUDIT.