2014-08-05T09:13:23-05:00 2013-12-31 521855942 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2013-01-01 131934121 SPECIALTY FOOD ASSOCIATION INC SPEC 2124826440 136 MADISON AVENUE 12TH FL NEW YORK NY 10016 MICHAEL TUCCILLO VP FINANCE AND ADMINISTRATION 2124826440 2014-08-05 1 ELIZABETH W HELLER P00397829 2022932200 2013 2015-11-30 17:44:51Z ANN DAW 136 MADISON AVENUE 12TH FL NEW YORK NY 10016 71479959 0 X WWW.SPECIALTYFOOD.COM X 1952 NY THE SPECIALTY FOOD ASSOCIATION, INC. (SFA) IS A TRADE ASSOCIATION WHICH, THROUGH ITS MEDIA PROGRAMS, THE FANCY FOOD SHOW, AND ITS MEMBERSHIP OF APPROXIMATELY 3,000 SPECIALTY FOOD COMPANIES WORKS TO FOSTER A THRIVING SPECIALTY FOODS MARKETPLACE. 16 16 64 16 1743232 -1000 0 0 22027622 24314924 873439 709581 4622 238653 22905683 25263158 0 0 0 0 8205313 8710532 0 0 0 12204728 14242582 20410041 22953114 2495642 2310044 55361370 60311900 17557066 19248644 37804304 41063256 THE SPECIALTY FOOD ASSOCIATION, INC. (SFA) IS A TRADE ASSOCIATION WHICH, THROUGH ITS MEDIA PROGRAMS, THE FANCY FOOD SHOW, AND ITS MEMBERSHIP OF APPROXIMATELY 3,000 SPECIALTY FOOD COMPANIES WORKS TO FOSTER A THRIVING SPECIALTY FOODS MARKETPLACE. 0 0 THE SFA OWNS AND MANAGES THE FANCY FOOD SHOW, WHICH IS CONSIDERED THE PREMIER FOOD SHOW IN THE UNITED STATES. IN ADDITION TO PROVIDING OVER 500,000 SQ FT OF EXHIBIT SPACE AND OVER 2,400 EXHIBITORS, THE FANCY FOOD SHOW OFFERS EDUCATIONAL PROGRAMS WITH OVER 50 SESSIONS A YEAR INCLUDING WORKSHOPS, SEMINARS, TOURS AND SPECIAL EVENTS, AS WELL AS A BUSINESS BUILDERS 1 TO 1 PROGRAM TO AFFORD EXHIBITORS THE OPPORTUNITY TO MEET KEY BUYERS IN A PRIVATE, PROFESSIONAL SETTING; THE SFA'S SOFI AWARDS COMPETITION IS CONSIDERED TO BE ONE OF THE MOST PRESTIGIOUS AWARDS IN THE INDUSTRY. THE SFA'S MEDIA PROGRAMS INCLUDE SPECIALTY FOOD MAGAZINE, THE ONLY MAGAZINE DEDICATED TO THE SPECIALTY FOOD MARKET WITH A QUALIFIED CIRCULATION OF MORE THAN 30,100 AND SPECIALTY FOOD NEWS, AN EMAIL DIGEST OF NEWS ITEMS SPECIFIC TO THE SPECIALTY FOOD MARKET WHICH IS DELIVERED TO 45,000 SUBSCRIBERS EVERY BUSINESS DAY. THE SFA MEMBER PROGRAMS INCLUDE EDUCATIONAL OFFERINGS. THESE OFFERINGS ENCOMPASS SEMINARS AND WEBINARS ON TOPICS WHICH ARE MEANT TO HELP MEMBERS OPERATE THEIR COMPANIES MORE PROFITABLY. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 84 0 1 64 1 1 1 0 0 0 1 1 0 X 16 16 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X MICHAEL TUCCILLO 2124826440 136 MADISON AVENUE 12TH FLOOR NEW YORK NY 10016 MIKE SILVER CHAIRPERSON 2.00 X X 0 0 0 SHAWN MCBRIDE VICE CHAIRPERSON 2.00 X X 0 0 0 DENNIS DESCHAINE PAST CHAIRPERSON 2.00 X X 0 0 0 BECKY RENFRO BORBOLLA TREASURER 2.00 X X 0 0 0 MATT NIELSEN SECRETARY 2.00 X X 0 0 0 BRAD VAN DAM DIRECTOR 2.00 X 0 0 0 WILLIAM W BOOKER III DIRECTOR 2.00 X 0 0 0 NATALIE J KING DIRECTOR 2.00 X 0 0 0 PATRICIA N LOBEL DIRECTOR 2.00 X 0 0 0 DEBORAH HOLT DIRECTOR 2.00 X 0 0 0 DANIEL W DOWE DIRECTOR 2.00 X 0 0 0 STEWART H REICH DIRECTOR 2.00 X 0 0 0 CARA FIGGINS DIRECTOR 2.00 X 0 0 0 CASE D FISCHER DIRECTOR 2.00 X 0 0 0 JACK PORTER DIRECTOR 2.00 X 0 0 0 SAM MOGANNAM DIRECTOR 2.00 X 0 0 0 ANN DAW PRESIDENT 40.00 X 594534 0 213312 CHRIS CROCKER VP-MEDIA DEVELOPMENT 40.00 X 322133 0 123926 CHRIS NEMCHEK VP-EXHIBITION MGMT 40.00 X 328548 0 124484 MICHAEL TUCCILLO VP-FINANCE/ADMIN 40.00 X 280473 0 125536 RON TANNER VP-COMMUNICATIONS & EDUC. 40.00 X 299540 0 130246 KENNETH SEITER CHIEF 40.00 X 206510 0 33620 LISA STEFANOFF CHIEF 40.00 X 163133 0 39711 MERYL SKYLER SENIOR DIRECTOR 40.00 X 136070 0 34373 CAMILLE GARGISO CHIEF 40.00 X 164999 0 46122 BETSY SCHWARTZ CREATIVE DIRECTOR 40.00 X 129219 0 42910 DENISE PURCELL SENIOR DIRECTOR 40.00 X 122927 0 26185 WILLIAM LYNCH CHIEF 40.00 X 148392 0 41950 2896478 0 982375 16 0 1 0 FREEMAN 1600 VICEROY SUITE 100 DALLAS TX 732352306 CONFERENCE SERVICES 2149157 ROTH PARTNERS LLC 336 MADISON AVENUE NEW YORK NY 10017 CORPORATE BRANDING SERVICES 747329 CREATIVE EXPOS AND CONFERENCES 28 BUBBLING BROOK ROAD WALPOLE MA 02081 EVENT PLANNING SERVICES 151889 MARK FERRI PHOTOGRAPHY 307 WEST 38TH STREET SUITE 2003 NEW YORK NY 10018 PHOTOGRAPHER 143196 4 TRADE SHOWS / EVENTS 900099 21212436 21146155 66281 MAGAZINE / WEBSITE 541800 1855530 178579 1676951 MEMBERSHIP DUES 900099 994375 994375 EDUCATION 900099 252583 252583 24314924 1167898 1167898 45758484 46216801 -458317 -458317 -458317 MISCELLANEOUS 900099 238653 238653 238653 25263158 22571692 1743232 948234 2999506 4306722 536092 440475 427737 551462 288057 42382 105430 422470 806023 139256 457669 823965 787362 6629855 370116 420041 PRINTING & PUBLICATIONS 778880 POSTAGE & DELIVERY 421969 CREDIT CARD FEES 391116 MISCELLANEOUS 385513 421016 22953114 4541595 4218122 179032 129235 1975322 1779437 3484634 1525450 2316538 1959184 41638989 47287632 4709894 4938290 55361370 60311900 3077313 3027257 11354362 12677126 3125391 3544261 17557066 19248644 X 36756115 40021885 1048189 1041371 37804304 41063256 55361370 60311900 2310044 948908 0 X X 0 1 X 1 0 0 1 0 1728556 441741 1286815 996391 494660 501731 759687 589049 170638 1959184 LIFE INSURANCE CASH SURRENDER VALUE 4938290 4938290 DEFERRED COMPENSATION 3544261 3544261 X 26212066 948908 948908 25263158 0 25263158 22953114 0 22953114 0 22953114 PART X, LINE 2: THE ASSOCIATION HAS ADOPTED THE ACCOUNTING STANDARDS RELATED TO UNCERTAIN INCOME TAX POSITIONS. THESE STANDARDS REQUIRE THAT REALIZATION OF AN UNCERTAIN INCOME TAX POSITION MUST BE MORE LIKELY THAN NOT (I.E., GREATER THAN 50% LIKELIHOOD OF RECEIVING A BENEFIT) BEFORE IT CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS. [...] THE ASSOCIATION BELIEVES IT IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2010. EAST ASIA 0 2 SALES AGENTS TO INCREASE FOREIGN SPECIALTY FOOD TRADE SALES AGENT 16230 EUROPE 0 1 SALES AGENTS TO INCREASE FOREIGN SPECIALTY FOOD TRADE SALES AGENT 111496 SOUTH AMERICA 0 1 SALES AGENTS TO INCREASE FOREIGN SPECIALTY FOOD TRADE SALES AGENT 19046 SOUTH ASIA - AFGHANISTAN, BANGLADESH, 0 1 SALES AGENTS TO INCREASE FOREIGN SPECIALTY FOOD TRADE SALES AGENT 3030 MIDDLE EAST AND NORTH AFRICA - 0 2 SALES AGENTS TO INCREASE FOREIGN SPECIALTY FOOD TRADE SALES AGENT 32340 CENTRAL AMERICA AND THE CARIBBEAN 0 1 SALES AGENTS TO INCREASE FOREIGN SPECIALTY FOOD TRADE SALES AGENT 2500 0 8 0 0 0 8 184642 0 184642 0 0 0 0 0 0 X X 1 1 X X X X X X 0 1 0 ANN DAW PRESIDENT 458137 0 118404 0 17993 0 186920 0 29332 0 810786 0 0 0 CHRIS CROCKER VP-MEDIA DEVELOPMENT 273779 0 39000 0 9354 0 105378 0 18548 0 446059 0 0 0 CHRIS NEMCHEK VP-EXHIBITION MGMT 285331 0 35500 0 7717 0 102993 0 24431 0 455972 0 0 0 MICHAEL TUCCILLO VP-FINANCE/ADMIN 239917 0 32000 0 8556 0 101609 0 25247 0 407329 0 0 0 RON TANNER VP-COMMUNICATIONS & EDUC. 257067 0 32000 0 10473 0 113220 0 17746 0 430506 0 0 0 KENNETH SEITER CHIEF 188899 0 15000 0 2611 0 31026 0 5535 0 243071 0 0 0 LISA STEFANOFF CHIEF 157642 0 5000 0 491 0 25182 0 17469 0 205784 0 0 0 MERYL SKYLER SENIOR DIRECTOR 134883 0 0 0 1187 0 21000 0 14693 0 171763 0 0 0 CAMILLE GARGISO CHIEF 156832 0 6000 0 2167 0 25407 0 21453 0 211859 0 0 0 BETSY SCHWARTZ CREATIVE DIRECTOR 125323 0 3500 0 396 0 20775 0 24895 0 174889 0 0 0 WILLIAM LYNCH CHIEF 143144 0 5000 0 248 0 23434 0 21166 0 192992 0 0 0 PART I, LINE 1A THE ASSOCIATION'S OFFICERS EACH RECEIVE AN ANNUAL TRAVEL ALLOWANCE. THE AMOUNT OF THE ALLOWANCE IS INCLUDED WITHIN "OTHER COMPENSATION" ON THE ACCOMPANYING PAGE OF SCHEDULE J. THE ASSOCIATION'S DIRECTORS ARE PERMITTED TO HAVE A GUEST ACCOMPANY THEM TO ONE BOARD MEETING EACH YEAR. DIRECTOR COMPANION TRAVEL IS REIMBURSED TO INDIVIDUALS AFTER APPROPRIATE SUPPORTING DOCUMENTATION IS PRESENTED TO THE SFA. PAYMENTS MADE TO EMPLOYEES ARE MADE IN ACCORDANCE WITH THE APPLICABLE CONTRACT. PART I, LINE 1B THE TRAVEL ALLOWANCE IS PAID TO EACH OFFICER IN ACCORDANCE WITH THE TERMS OF THE INDIVIDUAL'S CONTRACT. PART I, LINE 4B THE ASSOCIATION'S OFFICERS PARTICIPATE IN A NONQUALIFIED DEFERRED COMPENSATION PLAN. THE PARTICIPANTS DO NOT VEST IN THE PLAN UNTIL CERTAIN CONTRACTUAL CONDITIONS ARE MET. NONE OF THE OFFICERS RECEIVED ANY PAYMENTS FROM THE NONQUALIFIED PLAN DURING 2013. THE ANNUAL EXPENSE RELATED TO THE NONQUALIFIED PLAN IS INCLUDED WITHIN EACH OFFICER'S DEFERRED COMPENSATION VALUE REPORTED ON THIS SCHEDULE J. FORM 990, PART VI, SECTION A, LINE 1 SFA'S EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MAY CONDUCT EMERGENCY BUSINESS OF THE ASSOCIATION ON BEHALF OF THE BOARD OF DIRECTORS BETWEEN MEETINGS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 4 SFA UPDATED ITS BY-LAWS DURING 2013. THE SIGNIFICANT CHANGES ARE AS FOLLOWS: ADDED A VISION STATEMENT, TO REFLECT SFA'S OVERALL BRANDING, MISSION, AND DIRECTION. CHANGED MEMBER VOTING REQUIREMENTS, DUE TO NEW PROVISIONS IN THE NEW YORK NON-PROFIT CORPORATIONS STATUTE. AUTHORIZED THE ADOPTION OF A POLICIES & PROCEDURES MANUAL THAT WOULD CONTAIN DETAILED POLICIES AND GOVERNANCE RULES, SUCH AS RULES GOVERNING POLICIES FOR COMMITTEES, DETAILED STANDARDS FOR INFORMATION THAT THE ADMISSIONS COMMITTEE SHOULD CONSIDER, ETC. THE POLICIES & PROCEDURES MANUAL WOULD HAVE THE SAME FORCE AND AUTHORITY AS THE BY-LAWS, BUT THE BOARD OF DIRECTORS WOULD BE AUTHORIZED TO AMEND ITS PROVISIONS, IF WARRANTED. ENLARGED THE ARTICLE ON COMMITTEES TO ADDRESS ALL ESTABLISHED COMMITTEES OF THE BOARD. IN ADDITION, THE AMENDED BY-LAWS CONFER ON THE EXECUTIVE COMMITTEE THE POWER TO CONDUCT EMERGENCY BUSINESS OF THE ASSOCIATION ON BEHALF OF THE BOARD, BETWEEN MEETINGS OF THE BOARD. REVISED DEFINITIONS OF MEMBERSHIP CLASSIFICATIONS. THE AMENDED BY-LAWS PROVIDE THAT THE BOARD IS EMPOWERED TO REVOKE OR CHANGE MEMBERSHIP CLASSIFICATIONS BASED ON SALES INFORMATION, WITH GUIDELINES FOR DOING SO TO BE ESTABLISHED IN THE POLICIES & PROCEDURES MANUAL. REVOCATION OF MEMBERSHIP RESULTING FROM UNPAID DUES WILL BE CHANGED TO AN AUTOMATIC PROCESS, FOLLOWING NOTIFICATION OF THE DELINQUENCY, WITHOUT REQUIRING A BOARD VOTE. EMPOWERED THE BOARD TO REQUEST INFORMATION FROM MEMBERS RELATING TO ELIGIBILITY FOR MEMBERSHIP AND ALLEGED VIOLATIONS OF THE CODE OF ETHICS. INCLUDED CERTIFICATION REQUIREMENTS FOR DIRECTORS AND NON-EMPLOYED OFFICERS OF THEIR ELIGIBILITY TO SERVE IN THOSE POSITIONS, INCLUDING SUBMISSION OF DOCUMENTATION ESTABLISHING THAT ELIGIBILITY. CLARIFIED THE PROCEDURES AND CIRCUMSTANCES UNDER WHICH AN OFFICER OR DIRECTOR MAY BE REMOVED FROM OFFICE. ADDED PROCEDURES FOR DISSOLUTION OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS AVAILABLE TO QUALIFIED INDIVIDUALS AND BUSINESSES ACTIVELY ENGAGED IN THE SPECIALTY FOOD INDUSTRY. FORM 990, PART VI, SECTION A, LINE 7A ALL BOARD POSITIONS ARE SUBJECT TO BI-ANNUAL ELECTIONS OF THE GENERAL MEMBERSHIP. THE ASSOCIATION'S NOMINATING COMMITTEE IS CHARGED WITH SELECTING QUALIFIED CANDIDATES TO BE NOMINATED FOR THE CHANCE OF BEING ELECTED TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE ASSOCIATION'S BY-LAWS MUST BE APPROVED BY A MEMBERSHIP VOTE. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT FORM 990 IS REVIEWED BY THE ASSOCIATION'S BUDGET & AUDIT COMMITTEE. AFTER THE COMMITTEE HAS REVIEWED THE DRAFT FORM, IT IS THEN SENT ON TO THE BOARD FOR THE BOARD'S APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF STAFF AND THE BOARD ARE BOUND BY A CONFLICT OF INTEREST POLICY. IN ADDITION, AS MEMBERS OF THE SFA, BOARD MEMBERS ARE ALSO BOUND BY THE SFA'S STANDARDS OF MEMBER CONDUCT WHICH DICTATE ETHICAL BUSINESS PRACTICES AND FAIR DEALING. FOLLOWING EACH ELECTION OF BOARD MEMBERS, THERE IS A "BOARD ORIENTATION" SESSION. THE PROHIBITION AGAINST CONFLICTS OF INTEREST IS ONE OF THE TOPICS COVERED AT THE ORIENTATION. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS IS THE BODY CHARGED WITH REVIEWING THE PRESIDENT'S COMPENSATION PACKAGE. THE COMMITTEE REVIEWS MARKET DATA AND THE PRESIDENT'S PERFORMANCE IN DETERMINING WHAT AN EQUITABLE COMPENSATION PACKAGE SHOULD BE. IN TURN, THE PRESIDENT OF THE ASSOCIATION IS CHARGED WITH PREPARING EVALUATIONS FOR THE ORGANIZATION'S OFFICERS BASED ON EACH INDIVIDUAL'S PERFORMANCE DURING THE CURRENT YEAR. THIS DATA IS THEN USED BY THE PRESIDENT IN SETTING COMPENSATION PACKAGES FOR THE ORGANIZATION'S OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 SFA MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C THIS PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR.