2011-12-15T10:17:58-06:00 2011-06-30 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2010-07-01 050395601 RHODE ISLAND COMMUNITY FOOD BANK ASSOCIATION RHOD 4019426325 200 NIANTIC AVENUE PROVIDENCE RI 02907 ANDREW SCHIFF 4019426325 2011-12-15 1 DEBORAH A HOPKINS 4012742001 2010 2016-02-24 21:20:13Z ANDREW SCHIFF 200 NIANTIC AVENUE PROVIDENCE RI 02907 15428534 0 X WWW.RIFOODBANK.ORG X 1981 RI TO PROVIDE FOOD TO PEOPLE IN NEED AND TO PROMOTE LONG-TERM SOLUTIONS TO THE PROBLEM OF HUNGER. 24 24 55 1430 0 0 15752355 13650185 1188954 1201554 69287 133082 -13108 48656 16997488 15033477 0 0 0 0 2724342 2915015 0 0 1002077 13903028 12272181 16627370 15187196 370118 -153719 12688916 12827961 380756 397457 12308160 12430504 X THE FOOD BANK IS AN INNOVATIVE LEADER IN SOLVING THE PROBLEM OF HUNGER. IN PARTNERSHIP WITH OUR MEMBER AGENCIES, AS WELL AS GOVERNMENT AND COMMUNITY LEADERS, WE BUILD THE PUBLIC WILL TO ENSURE THAT NO ONE IN RHODE ISLAND GOES HUNGRY. WE ENVISION A DAY WHEN EVERYONE IN RHODE ISLAND HAS ACCESS TO NUTRITIOUS FOOD THROUGH AN EFFICIENT AND SUSTAINABLE ACQUISITION AND DISTRIBUTION NETWORK. 0 0 12882997 1034801 FOOD DISTRIBUTION - DURING THE LAST FISCAL YEAR, WHICH ENDED ON JUNE 30, 2011, THE FOOD BANK DISTRIBUTED A RECORD 9.4 MILLION POUNDS OF FOOD TO ITS 185 MEMBER AGENCIES WITH 257 PROGRAM SITES. MOST OF THE FOOD DISTRIBUTED, 85 PERCENT, WAS CORE, NUTRITIOUS FOOD INCLUDING FRESH PRODUCE, GRAINS, PROTEIN AND DAIRY PRODUCTS. 209421 COMMUNITY KITCHEN IS A CULINARY JOB-TRAINING PROGRAM FOR ADULTS TRANSITIONING INTO THE WORKFORCE. STUDENTS CREATE NUTRITIOUS MEALS FOR DISTRIBUTION TO THE KIDS CAFE AFTER SCHOOL MEAL PROGRAM. DURING THE YEAR ENDED JUNE 30, 2011, THE FOOD BANK CONDUCTED FOUR COMMUNITY KITCHEN CLASSES. A TOTAL OF 39 STUDENTS WERE ENROLLED IN THE PROGRAM, WITH 37 STUDENTS GRADUATING. WITHIN THREE MONTHS APPROXIMATELY 92 PERCENT HAS SECURED EMPLOYMENT IN THE FOOD SERVICE INDUSTRY. 315364 166753 KIDS CAFE SERVES WHOLESOME EVENING MEALS TO CHILDREN AT RISK OF HUNGER, SUPPLEMENTING THE FEDERAL SCHOOL BREAKFAST AND SCHOOL LUNCH PROGRAMS. IN FISCAL YEAR 2011, THE FOOD BANK OPERATED ELEVEN KIDS CAFE SITES IN THE HIGH-NEED CITIES OF PROVIDENCE AND NEWPORT IN COLLABORATION WITH EXISTING AFTER SCHOOL PROGRAMS IN EACH COMMUNITY: SIX IN COLLABORATION WITH THE BOYS & GIRLS CLUBS OF PROVIDENCE; ONE AT THE SACKETT STREET RECREATION CENTER IN PROVIDENCE; ONE AT THE WEST END COMMUNITY CENTER IN PROVIDENCE AND THREE AT THE BOYS & GIRLS CLUBS OF NEWPORT COUNTY. THE PROGRAM PROVIDED 2,000 MEALS EACH WEEK TO MORE THAN 500 CHILDREN WHO MAY NOT OTHERWISE HAVE ACCESS TO A NUTRITIOUS EVENING MEAL. 77210 RAISING THE BAR ON NUTRITION (RTB) IS THE FOOD BANK'S ADULT NUTRITION PROGRAM WHICH IS RUN IN CONJUNCTION WITH MEMBER AGENCIES. THE PROGRAM TEACHES PEOPLE WITH LIMITED RESOURCES THE WAYS TO USE THE FOOD AVAILABLE FROM THE FOOD BANK TO CREATE HEALTHY MEALS, AND HOW TO STRETCH DOLLARS FUTHER IN THE GROCERY STORE BY PLANNING RECIPES AND UTILIZING THE SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM (SNAP) FORMERLY THE FEDERAL FOOD STAMP PROGRAM. IN FISCAL YEAR 2011, THE FOOD BANK INTRODUCED THE PROGRAM TO ITS NEWPORT AGENCIES. 77210 13484992 1 1 0 1 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 46 0 55 1 0 0 0 0 0 1 1 0 0 0 1 0 X 24 24 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 RI X X CHRISTINE A CANNATA CFO 4019426325 200 NIANTIC AVENUE PROVIDENCE RI 02907 FRANK SEVOLA 2.50 X X 0 0 0 RAYMOND WELSH 2.50 X X 0 0 0 PATRICIA M CERILLI CPA 2.50 X X 0 0 0 MARY FLYNN PHD RD LDN 2.50 X X 0 0 0 JEAN BARRY 2.50 X 0 0 0 GERALD FERNANDEZ 2.50 X 0 0 0 MICHELE LEDERBERG 2.50 X 0 0 0 MARK FREEL 2.50 X 0 0 0 ARNOLD FRIEDMAN 2.50 X 0 0 0 MICHAEL A GAMBOLI ESQ 2.50 X 0 0 0 LISA MADSEN 2.50 X 0 0 0 MARGARET HOLLAND MCDUFF 2.50 X 0 0 0 PERSI SANCLEMENTE 2.50 X 0 0 0 JOHN MUGGERIDGE 2.50 X 0 0 0 DENNIS ROY 2.50 X 0 0 0 GUIA SANCHEZ 2.50 X 0 0 0 SUSAN SANTOS 2.50 X 0 0 0 CHERYL SENERCHIA 2.50 X 0 0 0 LISA STANTON 2.50 X 0 0 0 DALE J VENTURINI 2.50 X 0 0 0 WILLIAM R WALTER 2.50 X 0 0 0 YVETTE KENNER 2.50 X 0 0 0 JYOTHI SUBRAMANIAM 2.50 X 0 0 0 JOSEPH MARCAURELE 2.50 X 0 0 0 ANDREW SCHIFF 40.00 X 134112 0 15112 CHRISTINE A CANNATA 40.00 X 92004 0 14941 226116 0 30053 1 0 0 0 BLUE CROSS & BLUE SHIELD OF RHODE ISLAND 444 WESTMINISTER STREET PROVIDENCE RI 029033279 HEALTH CARE EXPENSES 364286 DAVINCI DIRECT LLC 36 CORDAGE PARK CIRCLE SUITE 305 PLYMOUTH MA 02360 DIRECT MAILING SERVICES 358485 2 117768 137568 767346 12627503 7879560 13650185 PURCHASE PROGRAM 624200 702900 702900 SHARED MAINTENANCE 624200 331901 331901 FEDERAL FOOD PROGRAM 624200 166753 166753 1201554 49945 49945 419167 3260 339290 79877 3260 83137 83137 26578 137568 38022 -11444 -11444 29695 17745 11950 11950 MISCELLANEOUS INCOME 624200 48150 48150 48150 15033477 1201554 0 181738 273307 78190 156022 39095 2026976 1371014 225546 430416 37377 25977 1893 9507 383119 237454 70970 74695 194236 116331 40801 37104 25787 25787 115479 44948 18189 52342 18102 2112 15990 145008 82922 13121 48965 124812 113466 5673 5673 11560 8957 430 2173 45975 23678 15445 6852 287421 258678 14372 14371 32516 23441 7773 1302 DONATED/USDA FOOD DISTR 8226717 8226717 OTHER FOOD DISTRIBUTION 1452315 1452315 COOPERATIVE BUYING PROG 634701 634701 DIRECT MAIL 358485 103961 25400 229124 FREIGHT & PRODUCT PROCE 299065 299065 494238 381065 78705 34468 15187196 13484992 700127 1002077 X 1313709 1257463 104111 107003 115998 67373 235584 190903 1168984 1142446 87623 114247 8708130 2249899 6577179 6458231 1810940 1755420 1274788 1734875 12688916 12827961 380756 397457 380756 397457 X 11039508 11659139 1268652 771365 12308160 12430504 12688916 12827961 X -153719 276063 X 0 1 1 X 1 1 X 15585259 13261074 17138009 15752355 13650185 75386882 15585259 13261074 17138009 15752355 13650185 75386882 4256415 71130467 95958 75882 55647 21162 49945 298594 13002 11285 15181 9922 48149 97539 75783015 5554894 0.93860 0.96370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2840 2840 15184356 15187196 909360 227340 0 0 867886 992326 982869 909360 3752441 5628662 7468 0 0 2840 10308 216972 248082 245717 227340 938111 1407167 0 0 0 0 1832487 100000 416253 12375 2336365 1710295 5880 128249 11937 1832487 1715046 12534 -5348 11937 1710295 1.00000 0 0 308000 308000 2492000 688049 1803951 4406551 721351 3685200 863789 391191 472598 637790 449308 188482 6458231 MONEY MARKETS & CDS 1734875 F 1734875 15033477 15187196 -153719 276063 276063 122344 15351040 276063 41500 317563 15033477 0 15033477 15228696 41500 41500 15187196 0 15187196 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOOD BANK IS EXEMPT FROM INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE FOOD BANK OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT STATUS AT BOTH THE STATE AND FEDERAL LEVEL. AUTHORITATIVE GUIDANCE REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE FOOD BANK'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE LIKELY THAN NOT" TO BE SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE "MORE LIKELY THAN NOT" THRESOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. THE FOOD BANK ANNUALLY FILES IRS FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES AND THE FEDERAL INCOME TAX RETURNS FOR 2008, 2009, AND 2010 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE FOOD BANK CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS. MARK BITMAN EVENT 108540 100440 8100 12188 12676 FLOWER SHOW 37040 25015 12025 7300 5234 3 18566 12113 6453 624 164146 137568 26578 7300 12188 18534 38022 -11444 29695 17745 1 1.00000 29695 17745 17745 11950 RI 1 0 1 0 0.00000 1.00000 CHRISTINE CANNATA 200 NIANTIC AVE PROVIDENCE RI 02907 0 0 X 1 21219 KELLEY BLUE BOOK X 1670 7879560 AVG COST PER POUND 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE FOOD BANK HAS CERTIFIED MEMBER AGENCIES WHICH DISTRIBUTE FOOD THROUGHOUT RHODE ISLAND. FORM 990, PART VI, SECTION A, LINE 7A THE FOOD BANK'S MEMBER AGENCIES ELECT THE MEMBERS OF THE FOOD BANK'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B OUR MEMBERS APPROVE THE ELECTION OF NEW BOARD MEMBERS AND OFFICERS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS AND REVIEWED BY MANAGEMENT. ONCE ALL ARE SATISFIED WITH THE FORM, IT IS FINALIZED AND A COPY IS SENT TO ALL BOARD MEMBERS. AT THE SUBSEQUENT BOARD MEETING, THE BOARD IS ASKED IF THEY HAVE ANY QUESTIONS OR COMMENTS AND A GENERAL REVIEW OF THE FORM IS CONDUCTED BY MANAGEMENT. REVISIONS, CORRECTIONS, ETC. ARE MADE AS NECESSARY. SUBSEQUENT TO THIS MEETING THE FORM IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY AND HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY AND WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. ALL POTENTIAL CONFLICTS ARE EVALUATED BY THE BOARD TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT, THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY THE BOARD CONDUCTS A PERFORMANCE REVIEW AND EVALUATION OF THE EXECUTIVE DIRECTOR. THE REVIEW ALSO ESTABLISHES THE INDIVIDUAL'S COMPENSATION FOR THE FOLLOWING YEAR. THIS PROCESS INVOLVES THE EVALUATION OF THE INDIVIDUAL AND A REVIEW OF COMPENSATION OF COMPARABLE POSITIONS OBTAINED FROM COMPENSATION SURVEYS. THE BOARD'S DELIBERATION AND DECISION IS NOTED IN THE MINUTES OF THE MEETING. THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE SALARIES OF SENIOR MANAGEMENT AND ALL STAFF DURING THE ANNUAL BUDGET REVIEW PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY-LAWS), ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICE DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 276,063.