2019-10-23T09:08:41-05:00 2018-12-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2018-01-01 131934121 SPECIALTY FOOD ASSOCIATION INC SPEC 2124826440 136 MADISON AVENUE 12TH FL NEW YORK NY 10016 PHILLIP M KAFARAKIS PRESIDENT 2124826440 2019-10-23 1 GARRETT M HIGGINS P00543209 9143818900 2019-10-23 65.51.112.58 2019-10-23 09:08:36 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9616F4B14A694591D1E716C270910E6FA5556DA3 2018 2020-03-31 21:24:44Z PHILLIP M KAFARAKIS 136 MADISON AVENUE 12TH FL NEW YORK NY 10016 45054963 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 OVER 3,500 SPECIALTY FOOD COMPANIES WORKS TO FOSTER A THRIVING SPECIALTY FOODS MARKETPLACE. 16 16 75 130 0 93154 0 0 27238012 27401690 1696492 2403343 140968 140689 29075472 29945722 105765 96970 0 0 8760848 9964745 0 0 0 17871958 18842194 26738571 28903909 2336901 1041813 76445939 71351106 21782778 20194460 54663161 51156646 X THE SPECIALTY FOOD ASSOCIATION, INC. (SFA) IS A TRADE ASSOCIATION WHICH, THROUGH ITS MEDIA PROGRAMS, THE FANCY FOOD SHOW, AND ITS MEMBERSHIP OF OVER 3,500 COMPANIES WORKS TO FOSTER A THRIVING SPECIALTY FOODS MARKETPLACE.THE SFA MISSION IS TO CHAMPION, NURTURE AND CONNECT OUR MEMBERS TO DELIVER INNOVATIVE PRODUCTS AND EXPAND CONSUMPTION OF SPECIALTY FOODS. 0 0 CONNECT: CONNECT REFERS TO THE ASSOCIATION'S MISSION TO CONNECT MAKERS AND BUYERS WHILE PROVIDING INDUSTRY INSIGHTS AND DIRECTOR, AND IMPROVING AND RUNNING THE FANCY FOOD SHOWS. THIS ENABLES THE ASSOCIATION TO BE BEST IN CLASS IN ENHANCING MEMBERS' DATA AND PROFILEACROSS ALL INTERACTIONS. CHAMPION: CHAMPION RELATES TO COMMUNICATING AND SUPPORTING SPECIALTY FOOD'S IMPORTANCE, SHOWCASING MARKET-READY INNOVATION FOR DOMESTIC AND GLOBAL AUDIENCES, AND CREATING MEMBER VALUE PROPOSITION FOR BOTH MAKERS AND BUYERS. NURTURE: NURTURE RELATES TO PROVIDING CONTENT AND OUTREACH TO PROMOTE MEMBERS' VALUE AND RECOGNITION, ESTABLISHING FORUMS, SUMMITS AND WORKSHOPS, AND DELIVERING VALUE RELEVANT RESEARCH AND PROGRAMS TO ASSURE PREPAREDNESS. 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 126 0 75 1 1 1 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X PHILLIP M KAFARAKIS 2124826440 136 MADISON AVENUE 12TH FL NEW YORK NY 10016 X DANIEL W DOWE CHAIR 2.00 0.25 X X 32500 0 0 SHAWN MCBRIDE PAST CHAIR (THRU 06/2018) 2.00 0.25 X X 25000 0 0 BECKY RENFRO BORBOLLA PAST CHAIR 2.00 0.25 X X 37500 0 0 MATT NIELSEN VICE CHAIR (THRU 06/2018) 2.00 0.25 X X 25000 0 0 TRISH POHANKA VICE CHAIR 2.00 0.25 X X 37500 0 0 WILLIAM W BOOKER III BOARD FINANCIAL OFFICER (THRU 06/18) 2.00 0.25 X X 25000 0 0 LORI KING BOARD FINANCIAL OFFICER 2.00 0.25 X X 32500 0 0 SUSAN ERIKSEN SECRETARY 2.00 X X 32500 0 0 CHARLIE APT DIRECTOR 2.00 X 30702 0 0 JILL G BASCH DIRECTOR 2.00 X 10000 0 0 JULIE BUSHA DIRECTOR 2.00 X 10000 0 0 CASE FISCHER DIRECTOR 2.00 0.25 X 10000 0 0 DAVID GREMMELS DIRECTOR 2.00 X 30000 0 0 BETH HALEY DIRECTOR 2.00 X 10000 0 0 KIRSTEN HOGAN DIRECTOR (THRU 06/2018) 2.00 X 20000 0 0 TOM KNIBBS DIRECTOR (THRU 06/2018) 2.00 X 20000 0 0 MARK KROENCKE DIRECTOR 2.00 X 10000 0 0 NONA LIM DIRECTOR 2.00 X 10000 0 0 EMILIO MIGNUCCI DIRECTOR 2.00 X 30000 0 0 GREGORY O'NEILL DIRECTOR (THRU 06/2018) 2.00 X 20000 0 0 JON PRUDEN DIRECTOR 2.00 X 10000 0 0 TODD RUBIN DIRECTOR (THRU 06/2018) 2.00 X 20000 0 0 LEE ZALBEN DIRECTOR 2.00 X 30000 0 0 PHILLIP M KAFARAKIS PRESIDENT 39.50 0.50 X 486113 0 81633 IRENE MATH SVP, FINANCE & STRATEGY / TREASURER 40.00 X 291060 0 36186 CHRIS CROCKER SVP CONTENT & MEDIA 40.00 X 342014 0 128040 CHRIS NEMCHEK SVP, MEMBRSHP & PRTRSHP (THRU 11/18) 40.00 X 984039 0 90117 WILLIAM LYNCH VP, ENGAGEMENTS & EVENTS 40.00 X 250760 0 72179 ENRIQUE CAMACHO VP, TECHNOLOGY INNOVATIONS 40.00 X 237834 0 47549 RONALD TANNER VP PHILANTHROPY, GOVT, INDUSTRY RELATIONS 39.00 1.00 X 944801 0 78126 LISA STEFANOFF DIRECTOR OF ADMISSIONS & MEMBERSHIPS 40.00 X 187308 0 62298 LISA GAUCHEY VP, HUMAN RESOURCES 40.00 X 186559 0 19956 DENISE PURCELL DIRECTOR OF CONTENT 40.00 X 156574 0 34715 CLAUDINE BERTI DIR. OF AUD. TECH, EVENTS, & INSIGHTS 40.00 X 146137 0 37065 MICHAEL TUCCILLO VP, FINANCE & ADMIN - FORMER 0.00 X 528537 0 27933 5259938 0 715797 24 1 1 0 FREEMAN PO BOX 650036 DALLAS TX 75265 EXHIBIT CONTRACTOR 2497830 FIXATION 4340 EAST-WEST HIGHWAY STE 200 BETHESDA MD 20814 MARKETING CONSULTING 987222 SMG MASCONE CENTER 300 CONSHOHOCKEN STATE RD STE 450 W CONSHOHOCKEN PA 19428 CONVENTION CENTER VENUE MANAGEMENT 955899 JACOB JAVITS CONVENTION CENTER 655 WEST 34TH STREET NEW YORK NY 10001 CONVENTION CENTER VENUE MANAGEMENT 903657 GEORGE P JOHNSON COMPANY 11 EAST 26TH STREET 10TH FLOOR NEW YORK NY 10010 EVENT MANAGEMENT 485099 29 TRADE SHOWS / EVENTS 813910 24570932 24570932 MAGAZINE / WEBSITE 541800 1438305 1438305 MEMBERSHIP DUES 900099 1213350 1213350 EDUCATION 900099 179103 179103 27401690 1634497 1634497 15878087 15109241 768846 768846 768846 HOUSING SERVICE FEES 900099 113877 113877 MISCELLANEOUS 900099 26812 26812 140689 29945722 27401690 0 2544032 96970 3392524 5210800 243576 600470 517375 511108 86131 191272 1546502 428586 592263 1029230 926314 593175 11154527 661601 147746 UBIT EXPENSE 18520 RESEARCH 358182 BOOTH CONSTRUCTION 136179 PRODUCTION EXPENSE 135236 325622 28903909 4644945 1560771 5074301 4942769 326187 424737 1182293 1683029 5486156 3553361 2164186 1932795 57021175 54679228 3999164 4104375 2033688 2023402 76445939 71351106 2725182 1687358 15079515 15676691 3978081 2830411 21782778 20194460 X 53794023 51156646 869138 0 54663161 51156646 76445939 71351106 1041813 -4548328 0 X X 0 1 X 1 0 0 1 0 1728556 1017924 710632 1519937 936657 583280 2237663 1598780 638883 1932795 KEY LIFE INSURANCE 4104375 F 4104375 DEFERRED COMPENSATION 1962755 DEFERRED RENT 867656 2830411 X 25612119 -4548328 309805 -4238523 29850642 95080 95080 29945722 29118953 310124 310124 28808829 95080 95080 28903909 PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO DECEMBER 31, 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM CONSOLIDATED ENTITY IN FINANCIAL STATEMENTS 309,805. PART XI, LINE 4B - OTHER ADJUSTMENTS: ELIMINATION ON FINANCIAL STATEMENTS 95,080. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM CONSOLIDATED ENTITY IN FINANCIAL STATEMENTS 310,124. PART XII, LINE 4B - OTHER ADJUSTMENTS: ELIMINATION ON FINANCIAL STATEMENTS 95,080. EAST ASIA AND THE PACIFIC 0 1 SALES AGENTS TO INCREASE FOREIGN SPECIALTY FOOD TRADE SALES AGENT 25813 EUROPE (INCLUDING ICELAND & GREENLAND) 0 3 SALES AGENTS TO INCREASE FOREIGN SPECIALTY FOOD TRADE SALES AGENT 140840 MIDDLE EAST AND NORTH AFRICA 0 1 SALES AGENTS TO INCREASE FOREIGN SPECIALTY FOOD TRADE SALES AGENT 17938 SOUTH AMERICA 0 1 SALES AGENTS TO INCREASE FOREIGN SPECIALTY FOOD TRADE SALES AGENT 23669 0 6 0 0 0 6 208260 0 208260 0 0 0 0 0 0 1 SPECIALTY FOOD FOUNDATION 136 MADISON AVENUE 12TH FLOOR NEW YORK NY 10016 471358924 501(C)(3) 81371 PROGRAMMATIC SUPPORT CITY HARVEST INC 6 EAST 32ND STREET 5TH FLOOR NEW YORK NY 10016 133170676 501(C)(3) 10000 PROGRAMMATIC SUPPORT 2 0 PART I, LINE 2: SPECIALTY FOOD ASSOCIATION, INC. MAINTAINS AN ONGOING AFFILIATION AGREEMENT WITH SPECIALTY FOOD FOUNDATION, WHICH STIPULATES THAT THE ASSOCIATION AGREES TO PROVIDE PROGRAM SUPPORT AND GENERAL MANAGEMENT SERVICES TO THE FOUNDATION AS IN-KIND DONATIONS AND AT NO COST TO THE FOUNDATION. PROGRAM SUPPORT AND MANAGEMENT SERVICES MAY INCLUDE PROFESSIONAL AND ADMINISTRATIVE SERVICES, OFFICE SPACE, OFFICE EQUIPMENT, OFFICE FURNITURE, OFFICE SUPPLIES, OFFICE SERVICES, AND PAYMENTS OF EXPENSES. THE ASSOCIATION SHALL KEEP RECORDS OF THE VALUE OF THE DONATED PROGRAM SUPPORT AND MANAGEMENT SERVICES, AND WILL SHARE THESE RECORDS WITH THE FOUNDATION. X X X 1 1 X X X X X 1 1 0 PHILLIP M KAFARAKIS PRESIDENT 381925 0 24675 0 79513 0 59750 0 21883 0 567746 0 0 0 IRENE MATH SVP, FINANCE & STRATEGY / TREASURER 270917 0 0 0 20143 0 27226 0 8960 0 327246 0 0 0 CHRIS CROCKER SVP CONTENT & MEDIA 283892 0 28662 0 29460 0 103884 0 24156 0 470054 0 0 0 CHRIS NEMCHEK SVP, MEMBRSHP & PRTRSHP (THRU 11/18) 253151 0 29700 0 701188 0 59750 0 30367 0 1074156 0 0 0 WILLIAM LYNCH VP, ENGAGEMENTS & EVENTS 208831 0 35000 0 6929 0 39404 0 32775 0 322939 0 0 0 ENRIQUE CAMACHO VP, TECHNOLOGY INNOVATIONS 209443 0 25500 0 2891 0 35483 0 12066 0 285383 0 0 0 RONALD TANNER VP PHILANTHROPY, GOVT, INDUSTRY RELA 276314 0 27573 0 640914 0 59750 0 18376 0 1022927 0 608176 0 LISA STEFANOFF DIRECTOR OF ADMISSIONS & MEMBERSHIPS 174953 0 5000 0 7355 0 29589 0 32709 0 249606 0 0 0 LISA GAUCHEY VP, HUMAN RESOURCES 179505 0 0 0 7054 0 6076 0 13880 0 206515 0 0 0 DENISE PURCELL DIRECTOR OF CONTENT 153129 0 3000 0 445 0 23718 0 10997 0 191289 0 0 0 CLAUDINE BERTI DIR. OF AUD. TECH, EVENTS, & INSIGHT 138204 0 7500 0 433 0 2077 0 34988 0 183202 0 0 0 MICHAEL TUCCILLO VP, FINANCE & ADMIN - FORMER 27933 0 2827 0 497777 0 0 0 27933 0 556470 0 207577 0 PART I, LINE 1A SEVERAL OF THE ASSOCIATION'S OFFICERS AND EXECUTIVES EACH RECEIVE AN ANNUAL TRANSPORTATION ALLOWANCE. THE AMOUNT OF THE ALLOWANCE IS REPORTED IN "OTHER COMPENSATION" ON PART II, COLUMN III. 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, IN ACCORDANCE WITH THE BOARD REIMBURSEMENT POLICY, AFTER APPROPRIATE SUPPORTING DOCUMENTATION IS PRESENTED, THIS COMPENSATION IS REPORTED IN PART II, COLUMN III. THE PRESIDENT OF THE ORGANIZATION RECEIVED A HOUSING ALLOWANCE IN THE AMOUNT OF $55,350 THAT WAS TAXABLE TO HIM IN 2018. PART I, LINES 4A-B CHIRS NEMCHECK AND MICHAEL TUCCILLO RECEIVED SEPARATION PACKAGES OF $662,310 AND $290,200, RESPECTIVELY, IN THEIR 2018 W-2S. CERTAIN OF THE ASSOCIATION'S OFFICERS AND EXECUTIVES PARTICIPATE IN A NONQUALIFIED DEFERRED COMPENSATION PLAN. THE PARTICIPANTS DO NOT VEST IN THE PLAN UNTIL CERTAIN CONTRACTUAL CONDITIONS ARE MET. THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE PLAN, CHRIS CROCKER, CHRIS NEMCHEK AND RONALD TANNER. IN 2018, RONALD TANNER RECEIVED A DISTRIBUTION OF $608,176 FROM THE NONQUALIFIED DEFERRED COMPENSATION PLAN. IN 2018 THE ORGANIZATION ACCRUED 44,134 FOR CHRIS CROCKER TO HIS NONQUALIFIED DEFERRED COMPENSATION PLAN. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP OF THE CORPORATION SHALL BE OPEN TO ANY CORPORATION, PARTNERSHIP, LIMITED LIABILITY COMPANY OR OTHER ENTITY, OR ANY SOLE PROPRIETOR THAT: (1) MEETS THE QUALIFICATIONS ADOPTED BY THE BOARD OF DIRECTORS; (2) IS ENGAGED IN ANY ONE OR MORE AREAS OF THE SPECIALTY FOOD, BEVERAGE AND CONFECTIONERY INDUSTRY WHOSE PRODUCTS OR SERVICES MEET THE DEFINITION OF SPECIALTY FOOD PRODUCTS OR SERVICES SET FORTH IN THESE BY-LAWS OR WHOSE ACTIVITIES MEET THE OTHER RELEVANT STANDARDS ADOPTED BY THE BOARD OF DIRECTORS; AND (3) IS INTERESTED IN SUPPORTING THE PURPOSES OF THE CORPORATION. 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 B, LINE 11B SPECIALTY FOOD ASSOCIATION, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD MEMBERS OF THE ORGANIZATION FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS AND KEY PERSONS ("INTERESTED PERSONS") MUST DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST WHEN VOTING ON POLICY OR TRANSACTION MATTERS OF THE CORPORATION AND COMPLY WITH THE CORPORATION'S CONFLICT OF INTEREST POLICY. THEY WILL BE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. ADDITIONALLY, THE CORPORATION SHALL NOT ENTER INTO A TRANSACTION WITH A "RELATED PARTY", AS THAT TERM IS DEFINED IN THE CORPORATION'S CONFLICT OF INTEREST POLICY, UNTIL ALL OF THE REQUIREMENTS SET FORTH IN THE CORPORATION'S CONFLICT OF INTEREST POLICY FOR APPROVING A TRANSACTION WITH A RELATED PARTY HAVE BEEN SATISFIED. IF THE BOARD 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 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 BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. AN INTERESTED PERSON MAY MAKE A PRESENTATION REGARDING THE ARRANGEMENT OR TRANSACTION INVOLVING THE POSSIBLE CONFLICT OF INTEREST TO THE COMMITTEE. AN INTERESTED PERSON IS PROHIBITED FROM ATTEMPTING TO IMPROPERLY INFLUENCE ANY DELIBERATION OR VOTING RELATED TO THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE INTERESTED PERSON MUST LEAVE A MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, ANY SUCH TRANSACTION OR ARRANGEMENT UNTIL THE COMMITTEE DETERMINES WHETHER A CONFLICT OF INTEREST EXISTS. AFTER EXERCISING DUE DILIGENCE, THE COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED MEMBERS WHETHER A CONFLICT OF INTEREST EXISTS AND WHETHER THE TRANSACTION OR ARRANGEMENT INVOLVING A POSSIBLE CONFLICT OF INTEREST IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL REPORT TO THE BOARD ITS DETERMINATION REGARDING THE EXISTENCE OF A CONFLICT OF INTEREST AND SHALL MAKE A RECOMMENDATION AS TO WHETHER THE BOARD SHOULD APPROVE THE TRANSACTION OR ARRANGEMENT; PROVIDED THAT IF THE TRANSACTION OR ARRANGEMENT INVOLVING A POSSIBLE CONFLICT OF INTEREST CONSTITUTES A RELATED PARTY TRANSACTION THEN IT MUST BE APPROVED IN ACCORDANCE WITH THE PROCEDURES WITHIN THE CORPORATION'S POLICIES AND PROCEDURES. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS IS THE BODY CHARGED WITH REVIEWING THE COMPENSATION PACKAGES OF THE PRESIDENT AND SVP, FINANCE & STRATEGY & TREASURER AND MAKING RECOMMENDATIONS TO BE APPROVED BY THE BOARD. THE COMMITTEE REVIEWS MARKET DATA AND PERFORMANCE IN DETERMINING WHAT AN EQUITABLE COMPENSATION PACKAGE SHOULD BE. THE ORGANIZATION ENGAGED MERCER TO PERFORM AN INDEPTH COMPENSATION ANALYSIS FOR THE PRESIDENT AND OFFICERS IN 2016 AND KEY EMPLOYEES IN 2017. THE REVIEW AND APPROVAL FOR THESE OFFICERS WERE DOCUMENTED IN THE MEETING MINUTES. THE PRESIDENT OF THE ASSOCIATION PREPARES EVALUATIONS AND SETS COMPENSATION FOR THE ORGANIZATION'S KEY EMPLOYEES BASED ON EACH INDIVIDUAL'S PERFORMANCE DURING THE CURRENT YEAR. THE BOARD OF DIRECTORS ENGAGED A THIRD PARTY TO CONDUCT AN ASSESSMENT ON BOARD COMPENSATION. THE COMPENSATION ASSESSMENT FOCUSED ON SIMILAR TYPES OF 501(C)(6) ENTITIES TO THE ASSOCIATION AND DETERMINED A REASONABLE RANGE OF COMPENSATION FOR ITS DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IT IS POSTED ON GUIDESTAR AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 136 MADISON AVENUE (12TH FLOOR), NEW YORK, NY 10016 OR BY CALLING THE ORGANIZATION DIRECTLY AT 212-482-6440. FORM 990, PART VII, BOARD COMPENSATION: EFFECTIVE AS OF JULY 1, 2017 DIRECTORS RECEIVE AN ANNUAL RETAINER OF $20,000 AND BOARD OFFICERS RECEIVE AN ANNUAL RETAINER OF $25,000 UNDER THE BOARD COMPENSATION POLICY. THE RETAINER PAYMENTS RELATED TO 2017 WERE PAID IN 2018. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SPECIALTY FOOD FOUNDATION 136 MADISON AVENUE 12TH FLOOR NEW YORK NY 10016 471358924 SUPPORT HUNGER INTIATIVES DC 501(C)(3) LINE 7 SPECIALTY FOOD ASSOCIATION 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 SPECIALTY FOOD FOUNDATION B 81371 COST