2023-10-06T14:38:16-05:00 2022-12-31 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2022-01-01 260359866 EDESIA INC EDES 4012725521 550 ROMANO VINEYARD WAY NORTH KINGSTOWN RI 02852 MARIA KASPARIAN EXECUTIVE DIRECTOR 4012725521 2023-10-06 1 MARIA KASPARIAN 999009999 1 SANDY ROSS P01399337 4012742001 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARIA KASPARIAN 550 ROMANO VINEYARD WAY NORTH KINGSTOWN RI 02852 87117951 0 X WWW.EDESIANUTRITION.ORG X 2007 DE TO TREAT AND PREVENT MALNUTRITION IN THE WORLD'S MOST VULNERABLE POPULATIONS. 8 8 160 1 1661167 0 10713945 10923199 54541435 74392667 118223 42817 45016 102010 65418619 85460693 0 0 0 0 7507679 9108245 0 0 165161 50228432 68223415 57736111 77331660 7682508 8129033 42213514 64305173 3247172 17694019 38966342 46611154 EDESIA'S MISSION IS TO TREAT AND PREVENT MALNUTRITION IN THE WORLD'S MOST VULNERABLE POPULATIONS. COMBATTING MALNUTRITION AND POVERTY THROUGH THE MANUFACTURE AND DISTRIBUTION OF READY-TO-USE THERAPEUTIC FOODS. 0 0 73360783 72833510 PRODUCE HIGH-QUALITY READY-TO-USE FOODS AND SUPPORT LOCAL PRODUCERS OF READY-TO-USE FOODS IN THE DEVELOPING WORLD (CURRENTLY PLUMPY'NUT, PLUMPY'SUP, PLUMPY'DOZ AND NUTRIBUTTER) FOR HUMANITARIAN ORGANIZATIONS AND NON-PROFITS. 73360783 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 30 0 1 160 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA CT DC FL MA NY PA RI IL VA X X JOHN BUCCI 4012725521 550 ROMANO VINEYARD WAY NORTH KINGSTOWN RI 02852 NAVYN SALEM PRESIDENT 40.00 X X 0 0 0 PAUL SALEM TREASURER (TO 10/22) 4.00 X X 0 0 0 DAVID DUFFELL SECRETARY 4.00 X X 0 0 0 ANNIE ABBRUZZESE DIRECTOR (TO 10/22) 1.00 X 0 0 0 BERNIE BEAUDREAU DIRECTOR (TO 10/22) 1.00 X 0 0 0 ELIZABETH COX DIRECTOR (TO 10/22) 1.00 X 0 0 0 MARY GENE CLAVIN DIRECTOR (TO 10/22) 1.00 X 0 0 0 STEVE LUTTERBECK DIRECTOR (TO 10/22) 1.00 X 0 0 0 ADELINE LESCANNE DIRECTOR (AS OF 2/22) 1.00 X 0 0 0 KRISTEN GRIMM DIRECTOR (AS OF 2/22) 1.00 X 0 0 0 DELE OLOJEDE DIRECTOR (AS OF 2/22) 1.00 X 0 0 0 BONNIE GLICK DIRECTOR (AS OF 2/22) 1.00 X 0 0 0 DOLF VAN DER BRINK DIRECTOR (AS OF 2/22) 1.00 X 0 0 0 LYNEE UTTER DIRECTOR (AS OF 2/22) 1.00 X 0 0 0 MARIA KASPARIAN EXECUTIVE DIRECTOR 40.00 X 165474 0 22248 JOHN BUCCI FORMER CFO (TO 07/22) 40.00 X 42150 0 1686 RONALD J YANKU VICE PRESIDENT/FACTORY DIRECTOR 40.00 X 129416 0 14265 TOM STEHL DEPUTY DIRECTOR 40.00 X 153973 0 23143 BRIAN O'FARRELL CHIEF FINANCIAL OFFICER 40.00 X 97571 0 6883 JOHN CLARK DIRECTOR OF MANUFACTURING 40.00 X 175320 0 12317 BRIAN DUGAS DIRECTOR OF IT 40.00 X 172652 0 4885 CAROLINE OGONOWSKI CHIEF OF STAFF 40.00 X 149350 0 12053 AMANDA WALLACK DEVELOPMENT DIRECTOR 40.00 X 133477 0 5339 ANDREW KAMARA LOGISTICS DIRECTOR 40.00 X 122722 0 4909 JENNIFER PHILLIPS SALES AND OPERATIONS DIRECTOR 40.00 X 121858 0 4874 NICOLE ILIC NUTRITION AND RESEARCH DIRECTOR 40.00 X 118868 0 3926 1582831 0 116528 10 0 1 0 CHELSEA REALTY LLC 550 ROMANO VINEYARD NORTH KINGSTOWN RI 02852 RENT 500000 MONROE STAFFING SERVICES LLC 6 RESEARCH DRIVE SHELTON CT 06484 STAFFING SERVICES 101962 2 3436879 7486320 750000 10923199 PRODUCT SALES 624200 74392667 72731500 1661167 74392667 167180 167180 1528895 4000 1610261 46997 -81366 -42997 -124363 -124363 OTHER INCOME/LOSS 624200 102760 102760 GAIN/LOSS ON FOREIGN E 624200 -750 -750 102010 85460693 72833510 1661167 42817 1021981 593820 428161 6706608 6499188 70351 137069 235040 227742 7298 448152 446191 1961 696464 643886 42041 10537 1175 1175 75000 75000 11970 11970 292735 292735 180804 131618 32321 16865 468992 329570 138732 690 425000 425000 3410710 3155459 255251 154835 22 154813 26504 12579 13925 1775260 1643302 131958 280940 224752 56188 COMMERICAL RAW MATERIAL 2046104 2046104 RAW MATERIALS 56174088 56174088 SHIPPING COSTS 1583627 1583627 PRODUCT TESTING 903179 903179 412492 366760 45732 77331660 73360783 3805716 165161 3497385 6972230 2096094 3147555 9835034 16765230 14843147 13182250 624905 699565 24736010 18266508 5123338 6469502 6181766 7486205 11845 9582636 42213514 64305173 1862760 8172068 485779 898633 343897 0 9178054 3247172 17694019 X 38966342 46611154 38966342 46611154 42213514 64305173 8129033 -484221 0 X X 0 1 X 1 1 1 X 4701666 7411118 6285367 10713945 10923199 40035295 4701666 7411118 6285367 10713945 10923199 40035295 9411600 30623695 25599 82387 195958 123158 167180 594282 0 0 0 0 0 75576 260042 741455 1188818 102010 2367901 42997478 254565253 0.71220 0.69280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 533176 82120 451056 23745724 17953624 5792100 457110 230764 226346 6469502 SECURITY DEPOSITS 11185 TRADEMARK 660 RIGHT-OF-USE ASSETS - OPERATING LEASES 9570791 9582636 OPERATING LEASE PAYABLE 9178054 9178054 X 84964502 -484221 -484221 85448723 11970 11970 85460693 77319690 0 77319690 11970 11970 77331660 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH THEIR TAX-EXEMPT STATUS AT BOTH THE STATE AND FEDERAL LEVELS. THE ORGANIZATION 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 GENERALLY FOR A PERIOD OF THREE YEARS AFTER THEY WERE FILED. THE ORGANIZATION CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS. X X 0 0 0 0 0 0 0 0 0 MARIA KASPARIAN EXECUTIVE DIRECTOR 165474 0 0 0 0 0 5190 0 17058 0 187722 0 0 0 JOHN CLARK DIRECTOR OF MANUFACTURING 175320 0 0 0 0 0 5483 0 6834 0 187637 0 0 0 BRIAN DUGAS DIRECTOR OF IT 172652 0 0 0 0 0 4680 0 205 0 177537 0 0 0 TOM STEHL DEPUTY DIRECTOR 153973 0 0 0 0 0 6159 0 16984 0 177116 0 0 0 CAROLINE OGONOWSKI CHIEF OF STAFF 149350 0 0 0 0 0 5974 0 6079 0 161403 0 0 0 CHELSEA REALTY OWNED BY TWO BOARD MEMBERS: PRESIDENT AND FORMER TREASURER 500000 RENT 0 X 1 750000 COST 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 NAVYN SALEM (PRESIDENT) AND PAUL SALEM (TREASURER) ARE RELATED. FORM 990, PART VI, SECTION B, LINE 11B 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 SEND 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 MANAGMENT. 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 AN SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY AND HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY AN WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. ALL POTENTIAL CONFLICTS ARE EVALUATED TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSATION IS A CONFLICT, THE BOARD EXAMINES THE TRANSATION 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. 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 OFFICES DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS. FORM 990, PART XII, LINE 2C THERE WAS NO CHANGE TO THE ORGANIZATIONS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. EDESIA ENTERPRISES LLC 550 ROMANO VINEYARD WAY NORTH KINGSTOWN RI 02852 270410466 MAINTAINS NUTRISET LICENSE AGREEMENT DE EDESIA INC EDESIA INDUSTRIES LLC 550 ROMANO VINEYARD WAY NORTH KINGSTOWN RI 02852 611690067 BILLING SERVICES FOR EDESIA, INC. DE EDESIA INC