2017-05-10T08:09:54-05:00 2016-06-30 111986323 MARCUM LLP 555 LONG WHARF DRIVE NEW HAVEN CT 06511 990 2015-07-01 061063025 CONNECTICUT FOOD BANK INC CONN 2034695000 2 RESEARCH PARKWAY WALLINGFORD CT 06492 BETH STOKES CFO 2034695000 2017-05-08 1 GREGORY C MARAZITA P00646516 2037819600 2015 2021-01-29 14:40:06Z BETH STOKES 2 RESEARCH PARKWAY WALLINGFORD CT 06492 44529913 0 X WWW.CTFOODBANK.ORG X 1982 CT THE ORGANIZATION SOLICITS, STORES AND DISTRIBUTES DONATED AND PURCHASED FOOD PRODUCTS TO NON-PROFIT AGENCIES. 15 15 72 4750 0 0 42988465 40945209 1584204 1336325 163524 49397 -42300 34735 44693893 42365666 0 0 0 0 3896752 4228039 0 0 1359909 37953374 37520927 41850126 41748966 2843767 616700 20667424 25441748 2767604 7310871 17899820 18130877 X THE ORGANIZATION SOLICITS, STORES, AND DISTRIBUTES DONATED AND PURCHASED FOOD PRODUCTS TO NON-PROFIT AGENCIES. 0 0 39287380 1336325 CONNECTICUT FOOD BANKS MISSION IS TO ALLEVIATE HUNGER. THE FOOD BANK IS A PRIVATE, NONPROFIT ORGANIZATION THAT WORKS WITH CORPORATIONS, COMMUNITY ORGANIZATIONS, AND INDIVIDUALS TO SOLICIT, TRANSPORT, WAREHOUSE AND DISTRIBUTE DONATED FOOD. AN AFFILIATE OF FEEDING AMERICA (THE NATIONS NETWORK OF FOOD BANKS), IT IS THE LARGEST CENTRALIZED SOURCE OF DONATED, EMERGENCY FOOD ASSISTANCE IN CONNECTICUT.THE FOOD BANK HAS DISTRIBUTED MORE THAN 200 MILLION POUNDS OF FOOD SINCE IT WAS FOUNDED IN 1982. THROUGH WAREHOUSES IN WALLINGFORD AND FAIRFIELD, AND DISTRIBUTION SITES IN NEW LONDON AND STAMFORD, AND A FLEET OF TWELVE VEHICLES, THE FOOD BANK PROVIDES NON-PERISHABLE AND PERISHABLE FOOD PRODUCTS TO MORE THAN 650 SOUP KITCHENS, SHELTERS, FOOD PANTRIES AND CHILDRENS AND SENIOR PROGRAMS IN FAIRFIELD, LITCHFIELD, MIDDLESEX, NEW HAVEN, NEW LONDON, AND WINDHAM COUNTIES.A NEW PROGRAM CALLED CSFP WAS CREATED. THIS PROGRAM IS A COMMODITY SUPPLEMENTAL FOOD PROGRAM THAT SERVES LOW INCOME SENIOR CITIZENS. 39287380 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 13 0 1 72 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CT X X X BETH STOKES 2034695000 2 RESEARCH PARKWAY WALLINGFORD CT 06492 DIANNE WITTE SECRETARY 1.00 X X 0 0 0 ROSEMARY O'CONNELL SULZBACH DIRECTOR 1.00 X 0 0 0 WILLIAM C LESKO TREASURER 1.00 X X 0 0 0 ARLENE PUTTERMAN DIRECTOR 1.00 X 0 0 0 CARLTON BYRD DIRECTOR 1.00 X 0 0 0 WILLIAM DYSON DIRECTOR 1.00 X 0 0 0 ALEX HUTCHINSON CHAIR 1.00 X X 0 0 0 MAX BARRY DIRECTOR 1.00 X 0 0 0 NORMAN W LACROIX DIRECTOR 1.00 X 0 0 0 DAVID VIPOND DIRECTOR 1.00 X 0 0 0 ED MARCANTONIO DIRECTOR 1.00 X 0 0 0 JENNIFER KING DIRECTOR 1.00 X 0 0 0 WESLEY HIGGINS VICE CHAIR 1.00 X X 0 0 0 JENNY CHOU DIRECTOR 1.00 X 0 0 0 PETER SCHWARTZMAN DIRECTOR 1.00 X 0 0 0 EVAN WALKER DIRECTOR 1.00 X 0 0 0 BERNARD BEAUDREAU CEO 40.00 X 111053 0 6447 PAUL O'LEARY COO 40.00 X 149452 0 27305 BETH STOKES CFO 40.00 X 144006 0 3889 MARYKATE CAROFANO CDO 40.00 X 139882 0 8392 544393 0 46033 4 0 1 0 THURSTON FOODS 30 THURSTON DRIVE WALLINGFORD CT 06492 FOOD 642697 ROBBINS KERSTEN DIRECT 201 SUMMER STREET HOLLISTON MA 01746 DIRECT MAIL 578585 BROCCOLI ASSOCIATES PO BOX 4457 UTICA NY 13504 FOOD 335025 WESTERN HARVEST GARDENS 1911 CH DE LA RIVIERE STE-CLOTILDE QUEBEC CA FOOD 281987 DANDY DISTRIBUTORS 80 MILL PLAIN ROAD DANBURY CT 06813 FOOD 272627 10 8146 1357672 39579391 31490434 40945209 BUYING CLUB REVENUE 624210 902405 902405 SHARED MAINTENANCE AND TRANSPORTA 624210 408064 408064 STORAGE & HANDLING 624210 25856 25856 1336325 39592 39592 2164189 2154384 9805 9805 9805 44598 9863 34735 34735 42365666 1336325 0 84132 442152 442152 2969199 1964015 573628 431556 534019 400514 80103 53402 282669 212002 42400 28267 316282 74163 242119 136138 102103 20421 13614 201754 181578 10088 10088 46409 46409 179431 179431 465884 419296 23294 23294 296294 258760 23158 14376 FOOD DISTRIBUTED 30956308 30956308 OTHER FOOD PURCHASES 2360395 2360395 FREIGHT 1158125 1158125 FUNDRAISING ACTIVITIES 780735 780735 623172 532129 86466 4577 41748966 39287380 1101677 1359909 1048252 1891160 4585425 3040985 1201351 1267563 294183 71754 907317 1481030 67651 46889 15784998 1452840 2994343 14332158 2661900 2755896 69054 63813 6837948 490500 20667424 25441748 784445 824334 104003 127861 1879156 6064676 0 294000 2767604 7310871 X 16499419 16940012 1400401 1190865 17899820 18130877 20667424 25441748 X 616700 -91643 -294000 X X 0 1 X 1 1 1 X 30491388 35922877 38576057 42988465 40857136 188835923 1460890 1316609 1337352 1584204 1336325 7035380 31952278 37239486 39913409 44572669 42193461 195871303 0 0 0 195871303 32701 32541 29599 32626 39592 167059 32701 32541 29599 32626 39592 167059 31984979 37272027 39943008 44605295 42233053 196038362 0.99910 0.99910 0.00090 0.00090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1729131 1729131 11852343 466945 11385398 7818 4632 3186 1034381 201433 832948 1161325 779830 381495 14332158 OBLIGATION UNDER INTEREST RATE SWAP AGREEMENT 294000 294000 X 41989886 -375780 -375780 42365666 0 42365666 41758829 9863 9863 41748966 0 41748966 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2016 AND 2015, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE 9,863. UNREALIZED LOSS -91,643. CHANGE IN FMV OF SWAP AGREEMENT -294,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE 9,863. WALK 44598 44598 9863 TURKEY FUND 30 44598 44598 9863 9863 34735 X X X X X 0 0 0 0 0 0 0 0 0 PAUL O'LEARY COO 142642 0 6810 0 0 0 3095 0 24210 0 176757 0 0 0 X 31490434 AVG WHOLESALE VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS PREPARED BY OUR EXTERNAL ACCOUNTING FIRM AND PRESENTED TO THE ORGANIZATION'S MANAGEMENT FOR REVIEW. THE REVIEWED FORM 990 WAS THEN PRESENTED TO THE BOARD OF DIRECTORS FOR FINAL REVIEW AND APPROVAL TO FILE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY, AND UPDATE THE FORM AT ANY TIME THAT THE INTEREST BECOMES A MATTER OF DISCUSSION BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION UTILIZES A COMPENSATION COMMITTEE, A SUB-COMMITTEE OF BOARD MEMBERS TO ANALYZE TOP MANAGEMENT'S COMPENSATION. COMPARATIVE TOOLS INCLUDING CONSULTANTS AND MARKET ANALYSIS ARE USED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC THROUGH GUIDESTAR. THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY APPOINTMENT AT ITS ADMINISTRATIVE OFFICES IN WALLINGFORD, CT. THE FINANCIAL SATEMENT AND FORM 990 ARE ALSO AVAILABLE AT WWW.CTFOODBANK.ORG FORM 990, PART XI, LINE 9: CHANGE IN FMV OF SWAP AGREEMENT -294,000. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS IS CHARGED WITH THE RESPONSIBILITY FOR THE SELECTION OF THE ORGANIZATIONS INDEPENDENT AUDITORS AND FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS.