2016-07-08T09:17:02-05:00 2015-08-31 410746749 CLIFTONLARSONALLEN LLP 1301 W 22ND ST STE 1100 OAK BROOK IL 60523 990 2014-09-01 362136957 INSTITUTE OF FOOD TECHNOLOGISTS INST 3127828424 525 WEST VAN BUREN NO 1000 CHICAGO IL 60607 CHRISTIE TARANTINO-DEAN EXECUTIVE VICE PRESIDENT AND CEO 3127828424 2016-07-06 1 GREGORY S ADAMS P00095597 6305738600 2014 2016-09-27 15:27:22Z CHRISTIE TARANTINO-DEAN 525 WEST VAN BUREN NO 1000 CHICAGO IL 60607 30571589 0 X WWW.IFT.ORG X 1939 IL THE INSTITUTE OF FOOD TECHNOLOGISTS EXISTS TO ADVANCE THE SCIENCE OF FOOD. OUR LONG-RANGE VISION IS TO ENSURE A SAFE AND ABUNDANT FOOD SUPPLY CONTRIBUTING TO HEALTHIER PEOPLE EVERYWHERE. THE INSTITUTE OF FOOD TECHNOLOGISTS STRIVES TO PROVIDE AN INCLUSIVE AND WELCOMING COMMUNITY FOR ALL FOOD SCIENCE AND TECHNOLOGY PROFESSIONALS AND THE KNOWLEDGE AND TOOLS THEY NEED TO ENHANCE THEIR PROFESSIONAL COMPETENCY. 16 16 80 2788 2089653 -8129 127563 100000 18360527 19912960 910832 588063 67294 26559 19466216 20627582 177557 160750 0 0 8504408 9007694 0 0 0 10338469 10555208 19020434 19723652 445782 903930 35207457 36259779 8389568 9544110 26817889 26715669 X AS AN ORGANIZATION, THE INSTITUTE OF FOOD TECHNOLOGISTS IS FOCUSING ITS WORK IN FOUR MAIN AREAS, OR "ROLES AND GOALS." EACH IS WIDE-REACHING AND HELPS TO ADVANCE OUR MISSION.STEWARD FOR THE PROFESSION AND ITS COMMUNITY - PROVIDE LEARNING, NETWORKING AND LEADERSHIP DEVELOPMENT EXPERIENCES THAT ENABLE FOOD SCIENCE AND TECHNOLOGY PROFESSIONALS TO BECOME LEADERS IN THE GLOBAL FOOD SCIENCE COMMUNITY.RESEARCH CHAMPION AND INNOVATION CATALYST - CHAMPION EMERGING SCIENCES AND FOSTER TECHNOLOGY DEVELOPMENT, APPLICATION AND TRANSFER TO INCREASE FUNDING FOR FOOD-RELATED RESEARCH AND TO SUPPORT INNOVATION IN FOOD SCIENCE.INFLUENTIAL ADVOCATE AND TRUSTED SPOKESORGANIZATION - ENGAGE IN ADVOCACY AND COMMUNICATION EFFORTS THAT ENHANCE RECOGNITION OF THE PROFESSION AND RESULT IN INCREASED UNDERSTANDING AND APPLICATION OF THE SCIENCE OF FOOD.GLOBAL CITIZEN AND PARTNER - PROACTIVELY CONTRIBUTE TO, AND BE A PARTNER FOR, THE GLOBAL ADVANCEMENT AND APPLICATION OF THE SCIENCE OF FOOD. 0 0 5139750 12592909 ANNUAL MEETING AND FOOD EXPO:THE INSTITUTE'S ANNUAL MEETING AND FOOD EXPO BRINGS MEMBERS AND NONMEMBERS, APPROXIMATELY 18,000 TO 20,000 INDIVIDUALS ON AN ANNUAL BASIS, TOGETHER FOR THREE DAYS OF TECHNICAL SESSIONS, SYMPOSIA AND FORUMS DESIGNED TO UPDATE THEIR AWARENESS IN ALL AREAS OF FOOD TECHNOLOGY. MORE THAN 1,800 PAPERS AND PRESENTATIONS ARE AVAILABLE WHILE EXHIBITORS NUMBER APPROXIMATELY 900. 3591537 1143601 PUBLICATIONS AND COMMUNICATIONS:FOOD TECHNOLOGY IS THE LEADING PUBLICATION ADDRESSING ALL FACETS OF FOOD SCIENCE AND TECHNOLOGY. ITS IN-DEPTH AND BALANCE COVERAGE INCLUDES THE LATEST RESEARCH DEVELOPMENTS, INDUSTRY NEWS, CONSUMER PRODUCT INNOVATIONS, AND PROFESSIONAL OPPORTUNITIES.SINCE 1936, THE JOURNAL OF FOOD SCIENCE HAS BEEN THE INSTITUTE OF FOOD TECHNOLOGISTS' PREMIER SCIENCE JOURNAL, CONTAINING PEER-REVIEWED REPORTS OR ORIGINAL RESEARCH AND CRITICAL REVIEWS OF ALL ASPECTS OF FOOD SCIENCE. TODAY IT PUBLISHES MORE THAN 500 PAPERS A YEAR - OVER 3,000 PAGES OF ORIGINAL RESEARCH AND SCIENTIFIC REVIEWS. 1128225 669052 KNOWLEDGE AND LEARNING EXPERIENCES:THE INSTITUTE OF FOOD TECHNOLOGIST'S CONTINUING EDUCATION PROGRAM OFFERS A WIDE VARIETY OF FOOD SCIENCE AND TECHNOLOGY COURSES AND DELIVERY METHODS TO BOTH MEMBERS AND NON-MEMBERS. THESE PROGRAMS PROMOTE THE EXCHANGE OF THE LATEST FOOD SCIENCE AND TECHNOLOGY INFORMATION. 5079832 160750 3444304 OTHER PROGRAM SERVICES INCLUDE MEMBERSHIP EXPERIENCES, SCIENCE TECHNOLOGY, SCIENCE AND POLICY INITIATIVES, THE GLOBAL FOOD TRACEABILITY CENTER, AND SUPPORT OF THE IFT FOUNDATION. 5079832 160750 3444304 14939344 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 132 0 80 1 1 1 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 IL X MARK BARENIE 3127828424 525 WEST VAN BUREN SUITE 1000 CHICAGO IL 606073814 DR JANET E COLLINS PAST PRESIDENT 2.00 2.00 X X 0 0 0 MARY ELLEN CAMIRE PRESIDENT 2.00 2.00 X X 0 0 0 PROF COLIN DENNIS PRESIDENT-ELECT 2.00 2.00 X X 0 0 0 DR ROBERT B GRAVANI TREASURER 2.00 2.00 X X 0 0 0 DR JOHN NEIL COUPLAND DIRECTOR 2.00 X 0 0 0 DR SCOTT LINEBACK DIRECTOR 2.00 X 0 0 0 ANNE GOLDMAN DIRECTOR 2.00 X 0 0 0 DR CATHY M KAPICA DIRECTOR 2.00 X 0 0 0 DR DALLAS G HOOVER DIRECTOR 2.00 X 0 0 0 LUIS A FERNANDEZ DIRECTOR 2.00 X 0 0 0 DAWN C MERRILL DIRECTOR 2.00 X 0 0 0 DR CINDY M STEWART DIRECTOR 2.00 X 0 0 0 DR ERNEST NDI EMBOLA DIRECTOR 2.00 X 0 0 0 MARTIN B COLE DIRECTOR 2.00 X 0 0 0 DR R PAUL SINGH DIRECTOR 2.00 X 0 0 0 SHARRANN E SIMMONS DIRECTOR 2.00 X 0 0 0 NOEL E ANDERSON DIRECTOR 2.00 2.00 X 0 0 0 JONATHAN L BAUGHER DIRECTOR 2.00 X 0 0 0 JAY T GILBERT DIRECTOR 2.00 X 0 0 0 AMY DEJONG DIRECTOR 2.00 X 0 0 0 MARK BARENIE CHIEF FINANCIAL OFFICER 40.00 2.00 X 286376 0 24192 CHRISTIE A TARANTINO-DEAN CEO AND EXECUTIVE VICE PRESIDENT 40.00 2.00 X 223792 0 8771 WILLIAM FISHER VP SCIENCE AND POLICY INITIATIVES 40.00 X 249863 0 26395 ROSETTA NEWSOME GARDNER DIR. SCIENCE AND POLICY INITITATIVES 40.00 X 165523 0 23404 JERRY BOWMAN VP COMMUNICATIONS/MEDIA RELATIONS 40.00 X 212321 0 17491 MARC BERNSTEIN VP OF INFORMATION TECHNOLOGY 40.00 X 173960 0 845 ROBERT SWIENTEK DIRECTOR OF PUBLICATIONS 40.00 X 173717 0 1483 1485552 0 102581 17 0 1 0 BLUE CROSS BLUE SHIELD 25550 NETWORK PLACE CHICAGO IL 60673 HEALTH INSURANCE 818551 NW CONGRESS 27400 NORTHWESTERN HIGHWAY SOUTHFIELD MI 48034 RENT 744310 MCCORMICK PLACESMG 301 EAST CERMAK ROAD CHICAGO IL 60616 FACILITY RENTAL 526830 SLACK AND COMPANY 233 N MICHIGAN AVENUE SUITE 3050 CHICAGO IL 60601 MULTIMEDIA SERVICES 487723 FREEMAN PO BOX 650036 DALLAS TX 75265 PROFESSIONAL SERVICES FOR ANNUAL MEETING 456412 17 100000 100000 ANNUAL MEETING & FOOD EXPO 900099 12778019 12592909 185110 MEMBER DUES 900099 2770293 2770293 ADVERTISING 541800 1904543 1904543 PUBLICATIONS 511120 1143601 1143601 KNOWLEDGE & LEARNING 541900 669052 669052 647452 647452 19912960 586952 586952 9945118 9944007 1111 1111 1111 OTHER REVENUES 900099 26559 26559 26559 20627582 17849866 2089653 588063 160750 160750 543131 367691 175440 6425899 4350234 2075665 704764 472192 232572 837402 561486 275916 496498 332654 163844 65702 720 64982 15767 15767 1855661 1634437 221224 33822 33506 316 1447147 1304412 142735 419749 291184 128565 1399493 969223 430270 701831 450489 251342 2592176 2452533 139643 298660 191376 107284 99009 60913 38096 OTHER EXPENSES 908537 868647 39890 CASUAL LABOR 489764 350627 139137 LICENSE FEES 178268 70895 107373 MEMBERSHIP FEES 49622 15375 34247 19723652 14939344 4784308 0 4099073 845686 1577745 1162217 384961 960538 4872831 3225767 1801871 1647064 27343807 31607807 0 36467 35207457 36259779 2298568 3273551 4990631 5224751 1100369 1045808 8389568 9544110 X 26817889 26715669 26817889 26715669 35207457 36259779 903930 -1006150 0 X X 0 1 X 1 0 X 113973 101610 105594 127563 100000 548740 13808637 14755244 17365054 16275244 17823307 80027486 13922610 14856854 17470648 16402807 17923307 80576226 0 0 0 80576226 545363 688556 764003 459902 586952 3044776 -555976 -404194 -112711 -42420 -8129 -1123430 -10613 284362 651292 417482 578823 1921346 103825 158235 59019 67294 26559 414932 14015822 15299451 18180959 16887583 18528689 82912504 0.97180 0.98470 0.02320 0.00950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1592211 497205 1095006 3280620 2728562 552058 1647064 DEFERRED RENT OBLIGATION 1009341 LIABILITY FOR DEFERRED COMPENSATION PLAN 36467 1045808 X PART X, LINE 2: THE INSTITUTE IS COMPRISED OF THE FOLLOWING ORGANIZATIONS THAT ARE EXEMPT FROM INCOME TAXES UNDER THE FOLLOWING SECTIONS OF THE INTERNAL REVENUE CODE: INSTITUTE OF FOOD TECHNOLOGISTS - SECTION 501(C)(3) FEEDING TOMORROW - SECTION 501(C)(3) ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE INSTITUTE AND RECOGNIZE A TAX LIABILITY IF THE INSITUTE HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKLEY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE INSTITUTE AND HAS CONCLUDED THAT AS OF AUGUST 31, 2015 AND 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE INSTITUTE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2012. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES IS INCLUDED IN THE CONSOLIDATED STATEMENT OF ACTIVITIES AND CHANGE IN NET ASSETS, AS THE INSTITUTE HAD NO SIGNIFICANT TAXABLE UNRELATED BUSINESS INCOME. 1 AWARDS 180 160750 PART I, LINE 2: IFT DIVISIONS HAVE ESTABLISHED POLICIES AND PROCEDURES ON HOW AWARDS ARE ISSUED. APPLICANTS PROVIDE INFORMATION ON ACCOMPLISHMENTS DURING THE SELECTION PROCESS. AWARDS ARE PAID BASED UPON CRITERIA ALREADY ACHIEVED, THEREFORE, THERE IS NO FOLLOW UP REQUIRED AFTER FUNDS AWARDED HAVE BEEN DISBURSED. X X X X 0 0 0 0 0 0 0 0 0 MARK BARENIE CHIEF FINANCIAL OFFICER 223716 0 62660 0 0 0 23000 0 1192 0 310568 0 0 0 CHRISTIE A TARANTINO-DEAN CEO AND EXECUTIVE VICE PRESIDENT 221667 0 0 0 2125 0 8231 0 540 0 232563 0 0 0 WILLIAM FISHER VP SCIENCE AND POLICY INITIATIVES 227353 0 22510 0 0 0 23000 0 3395 0 276258 0 0 0 ROSETTA NEWSOME GARDNER DIR. SCIENCE AND POLICY INITITATIVES 150611 0 14912 0 0 0 22000 0 1404 0 188927 0 0 0 JERRY BOWMAN VP COMMUNICATIONS/MEDIA RELATIONS 193193 0 19128 0 0 0 16500 0 991 0 229812 0 0 0 MARC BERNSTEIN VP OF INFORMATION TECHNOLOGY 167333 0 6627 0 0 0 0 0 845 0 174805 0 0 0 ROBERT SWIENTEK DIRECTOR OF PUBLICATIONS 158067 0 15650 0 0 0 0 0 1483 0 175200 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE INSTITUTE OF FOOD TECHNOLOGISTS IS A PROFESSIONAL MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE INSTITUTE OF FOOD TECHNOLOGISTS PARTICIPATE IN AN ANNUAL NOMINATIONS AND ELECTIONS PROCESS TO DETERMINE THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE INSTITUTE OF FOOD TECHNOLOGISTS' GOVERNING BODY HAS DESIGNATED THE BOARD TREASURER AS THE INDIVIDUAL RESPONSIBLE FOR REVIEWING THE FORM 990 ON THE BOARD'S BEHALF PRIOR TO FILING. THE FORM 990 WILL ALSO BE REVIEWED BY THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE INSTITUTE OF FOOD TECHNOLOGISTS' BOARD OF DIRECTORS RECEIVES A POLICY MANUAL ON AN ANNUAL BASIS WHICH INCLUDES THE CONFLICT OF INTEREST POLICY. EACH MEMBER ACKNOWLEDGES RECEIPT OF THE POLICY ON A FORM WHICH ALSO CONTAINS A STATEMENT THAT THE OFFICER OR DIRECTOR WILL COMPLY WITH THE POLICY AND IS CURRENTLY UNAWARE OF ANY TRANSACTION IN WHICH HE OR SHE IS INVOLVED IN WHICH WOULD CONSTITUTE A CONFLICT OF INTEREST AS DEFINED. SHOULD SUCH A TRANSACTION ARISE, THE OFFICER OR DIRECTOR WILL NOTIFY THE BOARD OR EXECUTIVE VICE PRESIDENT OF THE CIRCUMSTANCES AND ACT IN ACCORDANCE WITH THE POLICY WITH RESPECT TO THAT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE INSTITUTE OF FOOD TECHNOLOGISTS' CHIEF EXECUTIVE OFFICER WAS DETERMINED UPON HIRE BY THE BOARD OF DIRECTORS AND DOCUMENTED IN AN EMPLOYMENT CONTRACT. SUBSEQUENTLY ON AN ANNUAL BASIS, COMPENSATION CHANGES ARE DETERMINED BY THE OFFICE OF THE PRESIDENT. COMPENSATION OF OTHER EMPLOYEES IS DETERMINED ON AN ANNUAL BASIS BY THE CHIEF EXECUTIVE OFFICER. THE CHIEF HUMAN RESOURCES OFFICER PERFORMS A SALARY SURVEY AT THAT TIME TO ENSURE COMPENSATION IS WITHIN A REASONABLE RANGE WHEN COMPARED TO THE MARKET. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE INSTITUTE OF FOOD TECHNOLOGISTS' HEADQUARTERS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE INSTITUTE OF FOOD TECHNOLOGISTS' HEADQUARTERS. FORM 990, PART XII, LINE 2C THE INSTITUTE OF FOOD TECHNOLOGISTS HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED DURING THE YEAR. FEEDING TOMORROW 525 WEST VAN BUREN STREET CHICAGO IL 60607 363432464 COMMUNITY OF DONORS COMMITTED TO THE VISION OF SAFE AND ABUNDANT FOOD. IL 501(C)(3) LINE 11A, I N/A 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0