2021-11-12T11:03:49-06:00 2020-12-31 111986323 Marcum LLP 1899 L Street NW Suite 850 Washington DC 20036 990 2020-01-01 362900465 Food Marketplace Inc FOOD 2024528444 2345 Crystal Drive No 800 Arlington VA 22202 Salvatore J DiCarlo Treasurer/CFO 2024528444 2021-11-12 1 Salvatore DiCarlo XXX-XX-XXXX Frank H Smith P00639053 2022274000 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z Leslie G Sarasin 2345 Crystal Drive No 800 Arlington VA 22202 31089654 0 X www.fmi.org X 1976 DC To represent, educate, and improve the food industry. 96 96 84 105 0 0 25000 35000 25867077 25202256 833584 2041067 3059394 2372671 29785055 29650994 0 0 0 0 16103222 16193814 0 0 0 14396388 12022476 30499610 28216290 -714555 1434704 52430222 55413786 27344934 25645939 25085288 29767847 X Representing food retailers and wholesalers, the Food Marketplace Inc. (FMI) develops and promotes policies, programs and forums supporting its members, and their customers, in the areas of: Government Relations, Food Safety and Defense, Public and Consumer Information, Research and Education, Industry Cooperation. By pursuing these activities, FMI provides leadership and advocacy for the food distribution industry worldwide as the industry innovates to meet the needs of changing consumers. 0 0 Safe Quality Foods Institute (SQFI) - Created to be the single most trusted source of global food safety and quality certification. SQFI provides information, training and certification in food safety based on recognized standards. Events - FMI holds events attended by many people in the food industry including retailers, manufacturers, students and educators. The events are held as a meeting place to exchange ideas and to provide education to the attendees. Government Relations- FMI's Government Relations program was created to serve as an information, advocacy and education resource on federal and state government relations issues important to the food industry. The Government Relations program identifies, monitors and advocates legislative and regulatory policy identified as priority items and communicaties updates and action items to the FMI board and the membership. 0 1 1 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 68 0 1 84 1 0 0 0 0 1 1 0 1 0 X 96 96 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Salvatore J DiCarlo 2024528444 2345 Crystal Drive Suite 800 Arlington VA 22202 Leslie G Sarasin Esq President 37.00 1.00 X 2649335 0 51242 Dagmar T Farr Secretary 38.00 X 391966 0 271923 Mark Baum Senior Vice President 38.00 X 592627 0 40108 Jennifer Hatcher Senior Vice President 38.00 X 424167 0 161202 Salvatore J DiCarlo Treasurer/CFO 37.00 1.00 X 437947 0 96282 Toni Mascaro Vice President 38.00 X 221732 0 168149 Giovanna Vita Senior Vice President 38.00 X 306717 0 40715 Hilary Thesmar Senior Vice President 38.00 X 275712 0 52650 David Fikes Senior Vice President 19.00 19.00 X 250494 0 49013 Margaret Core Vice President 38.00 X 250695 0 44430 Richard Stein Vice President 38.00 X 253488 0 30882 Carol Abel Vice President 38.00 X 217343 0 38704 Douglas Baker Vice President 38.00 X 225457 0 28606 Heather Garlich Senior Vice President 38.00 X 194121 0 31990 Robert Garfield Senior VP - until 06/2020 38.00 X 206704 0 17744 Randy Edeker Chair 1.00 1.00 X X 0 0 0 Joseph Sheridan Past Chair 1.00 1.00 X X 0 0 0 Brian George Vice Chair 1.00 X X 0 0 0 Jerel Golub Vice Chair 1.00 X X 0 0 0 Kevin Holt Vice Chair 1.00 1.00 X X 0 0 0 Laura Karet Vice Chair 1.00 X X 0 0 0 Susan D Morris Vice Chair 1.00 X X 0 0 0 Michael Needler Jr Vice Chair 1.00 X X 0 0 0 Steve Presley Vice Chair 1.00 1.00 X X 0 0 0 Steve Spinner Vice Chair 1.00 X X 0 0 0 Lauri Youngquist Vice Chair 1.00 X X 0 0 0 Stuart Aitken Director 1.00 X 0 0 0 F Steven Albrecht Director 1.00 X 0 0 0 John Alston Director 1.00 X 0 0 0 Robert W Baesler Director 1.00 X 0 0 0 David Ball Director 1.00 X 0 0 0 Mary Barnard Director 1.00 X 0 0 0 Brandon Barnholt Director 1.00 X 0 0 0 Edward Basha III Director 1.00 X 0 0 0 S Neal Berube Director 1.00 X 0 0 0 Craig Boyan Director 1.00 X 0 0 0 Michael A Bozzuto Director 1.00 X 0 0 0 Brad W Brookshire Director 1.00 1.00 X 0 0 0 Jeffrey Burt Director - until 11/2020 1.00 X 0 0 0 Chris Coborn Director 1.00 X 0 0 0 Joseph S Colalillo Director 1.00 X 0 0 0 Reynolds Cramer Director 1.00 X 0 0 0 Frank Curci Director 1.00 X 0 0 0 Charles L D'Amour Director 1.00 X 0 0 0 Kevin Davis Director 1.00 1.00 X 0 0 0 John Derderian Director 1.00 X 0 0 0 Timothy J Devanney Director - until 11/2020 1.00 X 0 0 0 Timothy M Devanney Director 1.00 X 0 0 0 Rudy Dory Director 1.00 X 0 0 0 Mike Duffy Director - until 10/2020 1.00 X 0 0 0 Ron Edenfield Director 1.00 X 0 0 0 Wesley Eubanks Director 1.00 X 0 0 0 Tim Figge Director 1.00 X 0 0 0 Louis Fisher Director 1.00 X 0 0 0 Tony Gavin Director 1.00 X 0 0 0 Oscar Gonzalez Director 1.00 1.00 X 0 0 0 Shane Grant Director 1.00 X 0 0 0 Greg Gregerson Director 1.00 X 0 0 0 Thomas Heinen Director 1.00 X 0 0 0 Dave Hirz Director 1.00 X 0 0 0 Chieh Huang Director 1.00 X 0 0 0 Anthony Hucker Director 1.00 X 0 0 0 Robert P Ingle II Director 1.00 X 0 0 0 Dean Janeway Jr Director 1.00 X 0 0 0 Henry Johnson Director 1.00 X 0 0 0 Darrell Jones Director 1.00 X 0 0 0 Marc Jones Director 1.00 X 0 0 0 Todd Jones Director 1.00 1.00 X 0 0 0 Matthew Jonna Director 1.00 X 0 0 0 Omar G Jorge Pena Director 1.00 X 0 0 0 Noah Katz Director 1.00 X 0 0 0 Neil Kudrinko Director 1.00 X 0 0 0 John Laney Director 1.00 X 0 0 0 Anthony Longo Director 1.00 X 0 0 0 Brandt C Louie Director 1.00 X 0 0 0 Russell T Lund III Director 1.00 X 0 0 0 Tokutaro Masui Director 1.00 X 0 0 0 Norman C Mayne Director 1.00 1.00 X 0 0 0 Rob McDougall Director 1.00 X 0 0 0 Kenneth McGrath Director 1.00 X 0 0 0 Hendrik Meijer Director 1.00 X 0 0 0 David Mitchell Director 1.00 X 0 0 0 Lori Mitchell-Keller Director - until 4/2020 1.00 X 0 0 0 John Najjar Director 1.00 X 0 0 0 Steven Oakland Director 1.00 X 0 0 0 Valerie Oswalt Director 1.00 X 0 0 0 Robert Palmer Director 1.00 X 0 0 0 Dean Peterson Director - until 7/2020 1.00 X 0 0 0 Arthur Potash Director 1.00 X 0 0 0 Jason Potter Director 1.00 X 0 0 0 Michael Potthoff Director 1.00 X 0 0 0 Patrick Raybould Director 1.00 X 0 0 0 Charles Redfield Director - until 1/2020 1.00 X 0 0 0 Richard L Riesbeck Director 1.00 X 0 0 0 Lisa Roath Director 1.00 X 0 0 0 John Ross Director 1.00 X 0 0 0 Tony Sarsam Director 1.00 X 0 0 0 Todd R Schnuck Director 1.00 X 0 0 0 Jack Shakoor Director 1.00 X 0 0 0 Jack Sinclair Director 1.00 X 0 0 0 Randall J Skoda Director 1.00 X 0 0 0 Mark Skogen Director 1.00 X 0 0 0 Michael Sleeper Director 1.00 X 0 0 0 Carlos A Smith Director 1.00 X 0 0 0 David Smith Director 1.00 X 0 0 0 Steven C Smith Director 1.00 X 0 0 0 Mark Smucker Director 1.00 1.00 X 0 0 0 Judy Spires Director 1.00 X 0 0 0 Tim Steiner Director 1.00 X 0 0 0 Mike Stone Director 1.00 X 0 0 0 Terry Thomas Director 1.00 X 0 0 0 Todd Tillemans Director - until 1/2020 1.00 1.00 X 0 0 0 Kim Underhill Director 1.00 X 0 0 0 Tobias Wasmuht Director 1.00 X 0 0 0 Colleen J Wegman Director 1.00 X 0 0 0 Jonathan Weis Director 1.00 X 0 0 0 Steven Williams Director 1.00 X 0 0 0 Rick Wright Director 1.00 X 0 0 0 6898505 0 1123640 40 0 1 0 Matrix Group International Inc 2611 South Clark Street Suite 330 Arlington VA 22202 Website, association mgmt, & virtual mtg 523231 DelCor Technology Solutions 8380 Colesville Road Suite 550 Silver Spring MD 20910 Technology consulting 427401 O'Keefe Communications LLC 2 Bethesda Metro Center Suite 310 Bethesda MD 20814 Media and event production 342702 Root Inc 5470 Main Street Sylvania OH 43560 Training program 189748 Meeting Play LLC 5303 Spectrum Drive Suite D Frederick MD 21703 Virtual meeting platform 169594 10 35000 35000 Membership dues 900099 11401411 11401411 Registration fees 900099 9130836 9130836 Exhibit sales 900099 1991807 1991807 Sponsorships 900099 1002179 1002179 License fees/comm. 900099 790404 790404 885619 885619 25202256 118683 118683 1412301 1412301 3347234 1424850 1922384 1922384 1922384 46660 13810 32850 32850 Miscellaneous 900099 555489 555489 Sublease income 900099 254793 254793 Credit card surcharge 900099 81538 81538 35700 35700 927520 29650994 23243299 0 6372695 6542659 7779856 682225 506099 682975 277259 87638 235158 2779755 93714 470377 599602 962679 2357323 174906 1876863 5786 792710 153540 Dues & registration 452895 Excise tax 336805 Sponsorships 110460 Printing & artwork 110263 144743 28216290 2046471 2025204 689056 805932 916175 886252 75888 68150 752157 665520 11987568 8740637 3744363 3246931 42944770 46376093 1261342 1339704 52430222 55413786 2800179 2345617 4614575 3526443 19930180 19773879 27344934 25645939 X 25085288 29767847 25085288 29767847 52430222 55413786 X 1434704 3171446 76409 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FoodPAC 2345 Crystal Drive Suite 800 Arlington VA 22202 521209156 21294 0 0 1 11324957 1113843 -150283 963560 792747 170813 Part I-A, Line 1: FMI does not directly participate in political activities. FMI supports FoodPAC, an unincorporated political action committee, to promote a more active and effective involvement from its members in American political affairs through the electoral process. FMI covers the administrative costs of FoodPAC and provides certain services without reimbursement. 1349768 36978 1312790 3681940 2673150 1008790 1861186 1575266 285920 5094674 4455243 639431 3246931 Accrued pension obligation 13779538 Obligations to current employees 2937731 Deferred rent and lease incentive 1875196 Obligations for postretirement health benefits 1079360 Obligations under capital leases 102054 19773879 X Part X, Line 2: For the year ended December 31, 2020, no provision for income taxes was made, as FMI had no significant net unrelated business income and did not identify any uncertainty in income taxes requiring recognition or disclosure in these consolidated financial statements. X X 1 1 X X X X X 0 1 0 Leslie G Sarasin Esq President 1589394 0 1020000 0 39941 0 22800 0 28442 0 2700577 0 0 0 Dagmar T Farr Secretary 363537 0 24100 0 4329 0 240260 0 31663 0 663889 0 0 0 Mark Baum Senior Vice President 552598 0 35700 0 4329 0 22800 0 17308 0 632735 0 0 0 Jennifer Hatcher Senior Vice President 396660 0 25500 0 2007 0 159631 0 1571 0 585369 0 0 0 Salvatore J DiCarlo Treasurer/CFO 409618 0 24000 0 4329 0 70097 0 26185 0 534229 0 0 0 Toni Mascaro Vice President 206731 0 10900 0 4101 0 149383 0 18766 0 389881 0 0 0 Giovanna Vita Senior Vice President 293112 0 9900 0 3705 0 22800 0 17915 0 347432 0 0 0 Hilary Thesmar Senior Vice President 255893 0 17900 0 1919 0 22800 0 29850 0 328362 0 0 0 David Fikes Senior Vice President 230025 0 13000 0 7469 0 20336 0 28677 0 299507 0 0 0 Margaret Core Vice President 238848 0 8900 0 2947 0 20332 0 24098 0 295125 0 0 0 Richard Stein Vice President 236814 0 12500 0 4174 0 20264 0 10618 0 284370 0 0 0 Carol Abel Vice President 204457 0 11100 0 1786 0 17984 0 20720 0 256047 0 0 0 Douglas Baker Vice President 213015 0 11200 0 1242 0 18240 0 10366 0 254063 0 0 0 Heather Garlich Senior Vice President 184982 0 8200 0 939 0 15686 0 16304 0 226111 0 0 0 Robert Garfield Senior VP - until 06/2020 200759 0 0 0 5945 0 16107 0 1637 0 224448 0 0 0 Part I, Line 1a FMI paid social club dues and spouse travel for Leslie G. Sarasin, President, which was treated as taxable compensation. FMI also paid for travel club dues for Gigi Vita with all reimbursements treated as taxable compensation. Part I, Line 4b Leslie J. Sarasin, President, participated in a supplemental executive retirement plan during the year ending December 31, 2020. Form 990, Part VI, Section A, line 2 Timothy J. Devanney, Director, and Timothy M. Devanney, Director, have a family relationship. Form 990, Part VI, Section A, line 6 The members of FMI consist of persons, firms, partnerships, associations, cooperatives or corporations which own or which provide goods or services to food stores. Form 990, Part VI, Section A, line 7a A member of FMI may cast one vote for officers during the annual meeting. Voting for the officers shall be by written ballot separately for each office, but upon the consent of a majority of the members present, written balloting may be dispensed with and the voting may be by voice of vote. Form 990, Part VI, Section B, line 11b The process FMI uses to review federal Form 990 is for the Director of Finance to work closely with the auditing firm to compile related data to complete a draft federal Form 990 which is then reviewed and approved by the Vice President of Finance. The completed federal Form 990 is then distributed to the entire Board of Directors electronically before it is filed with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c FMI annually distributes a Conflict of Interest questionnaire to FMI's staff, directors and above. These questionnaires are reviewed by the Counsel to determine whether any conflicts are present. If a staff member is found to have a conflict, the Counsel is required to follow the protocol set forth in the Employee Handbook to quickly remedy any conflicts of interest that may be present. Form 990, Part VI, Section B, line 15 A Compensation Committee, comprised of current and past board officers, reviews employee performance and makes compensation adjustments on the basis of this performance in conjunction with a review of market-based, publicly available, comparability data. Periodically, FMI uses the services of an independent consultant to do a more thorough review of compensation ranges for all staff positions. This review process is performed for the CEO's compensation on an annual basis. The last compensation review for senior executive positions were conducted in 2018. Form 990, Part VI, Section C, line 19 FMI makes its governing documents, federal Form 990, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XI, line 9: Pension-related changes other than net periodic pension costs 76,409. FMI Foundation 2345 Crystal Drive Suite 800 Arlington VA 22202 521970352 Providing funds to support food safety. DC 501(c)(3) Line 12a, I Food Marketplace Inc 1 FoodPac 2345 Crystal Drive Suite 800 Arlington VA 22202 521209156 Political action DC 527 N/A Food Marketplace Inc 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 FMI Foundation Q 344531 Cost