ASSOCIATION OF FOOD INDUSTRIES INC

EIN: 222685432

NEPTUNE, NJ

Total Revenue
$2,297,676
Total Expenses
$2,373,921
Total Assets
$2,082,509
Net Assets
$1,489,681
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1906
Legal Domicile
NJ
Principal Officer
ROBERT BAUER
Phone
7329223008
Tax Period
2024-01-01 to 2024-12-31

ASSOCIATION OF FOOD INDUSTRIES INC, founded in 1906, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

AFI IS A TRADE ASSOCIATION DEDICATED TO THE DIVERSE INTEREST OF THE INTERNATIONAL AND DOMESTIC FOOD TRADE. AFI FOSTERS INTERNATIONAL TRADE AND COMMERCE IN FOOD PRODUCTS, REPRESENTS THE INTEREST OF OVERSEAS SUPPLIERS AND U.S. IMPORTS BEFORE THE U.S. CONGRESS AND AGENCIES OF THE U.S. GOVERNMENT; PROMOTES COOPERATION AMONG SUPPLIERS AND IMPORTERS, SETTLE COMMERCE DISPUTES BY ARBITRATION AND PROTECTS ACCESS TO THE U.S. MARKET FOR GOODS PRODUCED ABROAD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,247,212
Investment Income $50,464
Other Revenue $0
TOTAL REVENUE $2,297,676

Expense Breakdown

Grants Paid $0
Salaries & Benefits $783,607
Fundraising Expenses $0
Program Expenses $2,183,269
Other Expenses $1,590,314
TOTAL EXPENSES $2,373,921

Year-over-Year Comparison

2024 2023 Change
Revenue $2,297,676 $2,079,775 +0.1%
Expenses $2,373,921 $2,047,054 +0.2%
Net Income $-76,245 $32,721 -3.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
N/A
Employees
5
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
13
$237,915
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARIM AZZAOUI CHAIRMAN 5.00
Officer
$0 $0 $0
PHIL MELDRUM 1ST VICE CHA 5.00
Officer
$0 $0 $0
ROB POLIK 2ND VICE CHA 5.00
Officer
$0 $0 $0
DOUGLAS LYNCH TREASURER 5.00
Officer
$0 $0 $0
JOSH GELLERT SECRETARY 5.00
Officer
$0 $0 $0
JOHN SESSLER PAST CHAIR 5.00
Officer
$0 $0 $0
ROBERT BAUER PRESIDENT 50.00
Officer
$200,199 $37,716 $237,915
MOUNA AISSAOUI SECTION CHAI 5.00
Officer
$0 $0 $0
MISSY FOOTT SECTION CHAI 5.00
Officer
$0 $0 $0
STEPHEN O'MARA SECTION CHAI 5.00
Officer
$0 $0 $0
JIM BIANCO SECTION CHAI 5.00
Officer
$0 $0 $0
PETER FURTH SECTION CHAI 5.00
Officer
$0 $0 $0
LOSSENI KONE SECTION CHAI 5.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $2,297,676 $2,373,921 $2,082,509 $-76,245
2023 $2,079,775 $2,047,054 $1,988,712 $32,721
2022 $2,208,681 $2,201,389 $2,020,025 $7,292
2021 $2,051,522 $1,939,647 $1,999,470 $111,875
2020 $1,866,792 $1,903,574 $1,798,328 $-36,782
2019 $2,136,063 $2,220,813 $1,892,012 $-84,750
2018 $2,248,874 $2,126,076 $1,881,322 $122,798
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