NonprofitsInstitute Of Food Techologists Inc

Institute Of Food Techologists Inc

CHICAGO, IL

Total revenue

$27.3M

Total expenses

$28.5M

Net assets

$43.9M

Grants received

$1.3M

17 grants

EIN

362136957

Tax year

2023

Mission

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.

Programs

3 programs

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.

Expenses: $4.7M

Membership experiences:the institute's services associated with helping members become part of a vibrant community that is shaping the food science and technology profession.

Expenses: $2.3M

Other program services include knowledge and learning experiences, science technology, science and policy initiatives, the global food traceability center, and support of the feeding tomorrow fund.

Expenses: $8.3MGrants: $1.4M

Financials

FY 2023

Revenue

Contributions & grants$620K
Program service revenue$24.7M
Investment income$925K
Other revenue$1.0M
Total revenue$27.3M

Expenses

Grants paid$1.4M
Salaries & benefits$12.9M
Fundraising
Other expenses$14.2M
Total expenses$28.5M
Total assets$58.4M
Net assets$43.9M

People

27 listed

NameRoleCompensation

CHRISTIE TARANTINO-DEAN

CEO, TRUSTEE

Board

$866K

50 hrs/wk

MARK BARENIE

SR. VP & CFO

Board

$423K

45 hrs/wk

BRYAN HITCHCOCK

CHIEF SCIENCE & TECH OFFICER

Board

$295K

45 hrs/wk

LUUVAN HOANG

DIRECTOR

Board

2 hrs/wk

STEPHANIE JUNG

DIRECTOR

Board

2 hrs/wk

JOSEPH LIGHT

DIRECTOR

Board

2 hrs/wk

JULIE MANN

DIRECTOR

Board

2 hrs/wk

VIRAL SHUKLA

DIRECTOR

Board

2 hrs/wk

CHRIS DOWNS

IMMEDIATE PAST PRESIDENT

Board

2 hrs/wk

JAIME REEVES

DIRECTOR

Board

2 hrs/wk

CAMERON WICKS

DIRECTOR

Board

2 hrs/wk

JAMIE VALENTI-JORDAN

DIRECTOR

Board

2 hrs/wk

JEFFREY VARCO

DIRECTOR

Board

2 hrs/wk

MARTHA MONTOYA

DIRECTOR

Board

2 hrs/wk

NANCY MORIARITY

DIRECTOR

Board

2 hrs/wk

NOEL ANDERSON

TREASURER

Board

2 hrs/wk

WILLIAM BARRIER

DIRECTOR

Board

2 hrs/wk

NICOLAS BORDENAVE

DIRECTOR

Board

2 hrs/wk

CHRIS DAUBERT

PRESIDENT - ELECT

Board

2 hrs/wk

SEAN LEIGHTON

PRESIDENT

Board

2 hrs/wk

PEGGY POOLE

DIRECTOR

Board

2 hrs/wk

GUNNAR SIGGE

DIRECTOR

Board

2 hrs/wk

TERRENCE MERKLEY

VP INFORMATION TECHNOLOGY

Staff

$269K

45 hrs/wk

KATHERINE DOCKINS

SR. VP, MEMBERSHIP

Staff

$253K

45 hrs/wk

WILLIAM MCDOWELL

EDITOR-IN-CHIEF

Staff

$251K

45 hrs/wk

MANDY ZARANSKY-HURST

SR. VP OF MARKETING

Staff

$243K

45 hrs/wk

ANNA LEIGH ROSALES

SR. DIRECTOR OF GOV AFFAIRS

Staff

$221K

45 hrs/wk

Independent contractors

FREEMAN AUDIO VISUAL

AV EQUIPMENT RENTAL

$1.6M

MP 525

OFFICE RENT

$1.3M

SPARGO INC

EXHIBIT COMMSSION DRAWS

$956K

MCCORMICK PLACESMG

EVENT VENUE

$624K

KUSHNER & ASSOCIATES

EVENT GROUND TRANSPORTATION

$446K

Grants received

Showing 17 of 17

FromAmountPurposeYear
$117K
END MODERN SLAVERY
2024
$178K
DIGITAL TRACEABILITY OF GLOBAL SEAFOOD SUPPLY
2023
$148K
DIGITAL TRACEABILITY OF GLOBAL SEAFOOD SUPPLY
2023
$34K
DIGITAL TRACEABILITY OF GLOBAL SEAFOOD SUPPLY
2023
$6K
For grant recipient's exempt purposes
2023
$175K
SUPPORT ESTABLISHMENT OF NEW ENTITY TO ENSURE THE IMPACT OF THE GLOBAL DIALOGUE ON SEAFOOD... TRACEABILITY'S STANDARDS.
2022
$25K
For grant recipient's exempt purposes
2022
$100K
SUPPORT SCIENCE, COMMUNICATIONS, CAREER GUIDANCE AND OTHER PROGRAMS
2021
$5K
CONSERVATION
2021
$100K
SUPPORT SCIENCE, COMMUNICATIONS, CAREER GUIDANCE AND OTHER PROGRAMS
2020
$40K
General & Unrestricted
2020
$25K
Support the Global Food Traceability Center
2020
$100K
SUPPORT SCIENCE, COMMUNICATIONS, CAREER GUIDANCE AND OTHER PROGRAMS
2019
$19K
HUMAN SERVICES
2019
$100K
SUPPORT SCIENCE, COMMUNICATIONS, CAREER GUIDANCE AND OTHER PROGRAMS
2018
$100K
SUPPORT SCIENCE, COMMUNICATIONS, CAREER GUIDANCE AND OTHER PROGRAMS
2017

Funded by

$1.3M from 9 funders · 17 grants · 2017–2024

Multiplier

$535K · 4 grants · 2022–2023

Feeding Tomorrow

$500K · 5 grants · 2017–2021

The Freedom Fund

$117K · 1 grant · 2024

Seeding the Future Foundation

$40K · 1 grant · 2020

Fidelity Investments Charitable Gift Fund

$31K · 2 grants · 2022–2023

Fmi Foundation

$25K · 1 grant · 2020

National Philanthropic Trust

$19K · 1 grant · 2019

World Wildlife Fund Inc

$5K · 1 grant · 2021

Details

EIN362136957
Subsection03
Ruling date1952-02
Formed1939
Employees87
Volunteers1000
INSTITUTE OF FOOD TECHOLOGISTS INC — Mission, Financials & Grants Received | Grantivo