Food Export Association of the Midwest USA

EIN: 362691663

Chicago, IL

Total Revenue
$17,698,688
Total Expenses
$17,550,951
Total Assets
$3,681,466
Net Assets
$2,838,029
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
IL
Phone
3123349200
Tax Period
2024-01-01 to 2024-12-31

Food Export Association of the Midwest USA, founded in 1969, is a mid-sized nonprofit that reported $11.5M in total revenue in fiscal year 2018.

Mission

To assist small and medium-sized companies of thirteen Midwestern states in the exportation of agricultural products.

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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 $14,255,024
Program Service Revenue $2,888,828
Investment Income $39,127
Other Revenue $515,709
TOTAL REVENUE $17,698,688

Expense Breakdown

Grants Paid $10,434,292
Salaries & Benefits $2,643,759
Fundraising Expenses $0
Program Expenses $0
Other Expenses $4,472,900
TOTAL EXPENSES $17,550,951

Year-over-Year Comparison

2024 2023 Change
Revenue $17,698,688 $16,581,008 +0.1%
Expenses $17,550,951 $16,482,508 +0.1%
Net Income $147,737 $98,500 +0.5%
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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Governance

Voting Members
13
Independent Members
13
Employees
26
Volunteers
25

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
7
$827,898
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Blayne Arthur President 1.0
Officer Director
$0 $0 $0
Randy Romanski Secretary Treasurer 1.0
Officer Director
$0 $0 $0
Thom Petersen Vice President 1.0
Officer Director
$0 $0 $0
Chris Chinn Board Member 1.0
Director
$0 $0 $0
Don Lamb Board Member 1.0
Director
$0 $0 $0
Doug Goehring Board Member 1.0
Director
$0 $0 $0
Hunter Roberts Board Member 1.0
Director
$0 $0 $0
Jerry Costello II Board Member 1.0
Director
$0 $0 $0
Lydia Mihalik Board Member 1.0
Director
$0 $0 $0
Mike Beam Board Member 1.0
Director
$0 $0 $0
Mike Naig Board Member 1.0
Director
$0 $0 $0
Sherry Vinton Board Member 1.0
Director
$0 $0 $0
Timothy Boring Board Member 1.0
Director
$0 $0 $0
Brendan Wilson Executive Director / CEO 40.0
Officer
$257,385 $30,184 $287,569
Michelle Rogowski Chief Operating Officer/Deputy Director 40.0
Officer
$174,648 $21,910 $196,558
Robert Lowe Chief Financial Officer 40.0
Officer
$171,047 $27,730 $198,777
Teresa Miller Chief Programs & Partnerships Officer 40.0
Officer
$134,990 $10,004 $144,994
Mike Weiand Information Technology Manager 40.0
Highest
$101,764 $26,177 $127,941
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
2024 $17,698,688 $17,550,951 $3,681,466 $147,737
2023 $16,581,008 $16,482,508 $3,712,070 $98,500
2022 $15,025,375 $14,959,564 $3,688,301 $65,811
2021 $15,548,836 $15,333,427 $3,109,779 $215,409
2020 $14,214,220 $14,076,279 $2,886,617 $137,941
2019 $12,107,614 $11,923,142 $2,624,333 $184,472
2018 $11,507,245 $11,394,302 $2,397,689 $112,943
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