2023-11-15T16:40:35-06:00 2022-12-31 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2022-01-01 510109583 PRODUCE MARKETING ASSOCIATION INC PROD 3027387100 1500 CASHO MILL ROAD NEWARK DE 19711 YVONNE BULL CHIEF FINANCIAL OFFICER 3027387100 2023-11-15 1 YVONNE BULL XXX-XX-XXXX 1 AARON M FOX P01365820 2028225000 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CATHERINE BURNS 1500 CASHO MILL ROAD NEWARK DE 19711 0 0 X WWW.PMA.COM X 1949 DE TO CONNECT, TO INFORM, AND TO DELIVER BUSINESS SOLUTIONS THAT ENHANCE MEMBERS' PROSPERITY. WE DO THIS THROUGH THREE VEHICLES - PRODUCTS, EVENTS, AND SERVICES. WE OFFER A SMALL PRODUCT LINE THAT INCLUDES TRAINING MODULES FOR EMPLOYEES TO GUIDES THAT HELP OUR MEMBERS DO THEIR DAY TO DAY JOBS. OUR EVENTS OFFER EDUCATIONAL OFFERINGS THAT INCLUDE THE ENTIRE SUPPLY CHAIN WHICH INCLUDES AN EXPOSITION COMPONENT SO THAT OUR MEMBERS CAN SHOWCASE THEIR PRODUCTS AND SERVICES WHILE MAKING NEW CONTACTS IN THE INDUSTRY. WE OFFER SERVICES SUCH AS OUR INFORMATION RESOURCES CENTER THAT ALLOWS OUR MEMBERS TO CONTACT US AND GET ANSWERS TO VARIOUS QUESTIONS. X 0 0 0 0 0 0 1879992 0 6605524 0 1062369 0 202628 0 9750513 0 398699 0 0 0 10345529 0 0 0 0 5050788 0 15795016 0 -6044503 0 26319073 0 17562980 0 8756093 0 X TO CONNECT, TO INFORM, AND TO DELIVER BUSINESS SOLUTIONS THAT ENHANCE MEMBERS' PROSPERITY. WE DO THIS THROUGH THREE VEHICLES - PRODUCTS, EVENTS, AND SERVICES. WE OFFER A SMALL PRODUCT LINE THAT INCLUDES TRAINING MODULES FOR EMPLOYEES TO GUIDES THAT HELP OUR MEMBERS DO THEIR DAY TO DAY JOBS. OUR EVENTS OFFER EDUCATIONAL OFFERINGS THAT INCLUDE THE ENTIRE SUPPLY CHAIN WHICH INCLUDES AN EXPOSITION COMPONENT SO THAT OUR MEMBERS CAN SHOWCASE THEIR PRODUCTS AND SERVICES WHILE MAKING NEW CONTACTS IN THE INDUSTRY. WE OFFER SERVICES SUCH AS OUR INFORMATION RESOURCES CENTER THAT ALLOWS OUR MEMBERS TO CONTACT US AND GET ANSWERS TO VARIOUS QUESTIONS. 0 0 PRODUCE MARKETING ASSOCIATION HAD NO PROGRAM ACTIVITIES IN 2022. THE ORGANIZATION TRANSFERRED ITS NET ASSETS AND OPERATIONS TO ITS SUCCESSOR, INTERNATIONAL FRESH PRODUCE ASSOCIATION. FRESH SUMMIT - 10,000 ATTENDEES FRESH SUMMIT'S MAIN OBJECTIVE IS TO INCREASE GLOBAL PRODUCE AND FLORAL CONSUMPTION BY CREATING A COMMUNITY OF NEW IDEAS AND NEW CONNECTIONS. FRESH SUMMIT CONNECTS GLOBAL SUPPLY CHAIN PARTNERS, INFORMING THEM OF THE LATEST IN CONSUMER, BUSINESS, AND INDUSTRY TRENDS, AND PROVIDING A FORUM OT DEVELOP BUSINESS SOLUTIONS. DUE TO THE MULTIPLE HURRICANES AND SUBSEQUENT TROPICAL STORMS AT EVENT SITE, FRESH SUMMIT EVENT WAS NOT HOSTED IN 2021. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X THE ORGANIZATION 3027387100 1500 CASHO MILL ROAD NEWARK DE 19711 X DWIGHT FERGUSON CHAIR 1.00 X X 0 0 0 LAURA HIMES CHAIR-ELECT 1.00 X X 0 0 0 DAVID MARGULEAS ADVISOR TO EC 1.00 X X 0 0 0 DOUG GRANT SECRETARY-TREASURER 1.00 X X 0 0 0 JACOB KREMPEL VICE CHAIR 1.00 X X 0 0 0 RUTH MCLENNAN VICE CHAIR 1.00 X 0 0 0 JOE DON ZETZSCHE PAST CHAIR 1.00 X 0 0 0 LEONARD BATTI CGTBYPMA CHAIR 1.00 1.00 X 0 0 0 KATIE DE VILLIERS PMA AUSTRALIA-NEW ZEALAND 1.00 X 0 0 0 ALAN AGUIRRE DIRECTOR 1.00 X 0 0 0 JOE ANGE DIRECTOR 1.00 X 0 0 0 AMELIE AUST DIRECTOR 1.00 X 0 0 0 MAGGIE BEZART HALL DIRECTOR 1.00 X 0 0 0 GIAMPAOLO BUSO DIRECTOR 1.00 X 0 0 0 JIM BRYON DIRECTOR 1.00 X 0 0 0 TATIANA CASTRO PEREZ DIRECTOR 1.00 X 0 0 0 ADAM COOPER DIRECTOR 1.00 X 0 0 0 LISA CORK DIRECTOR 1.00 X 0 0 0 CHRISTIAN CORSSEN DIRECTOR 1.00 X 0 0 0 NIKKI COSSIO DIRECTOR 1.00 X 0 0 0 MARTY CRANER DIRECTOR 1.00 1.00 X 0 0 0 ADRIELLE DANKIER DIRECTOR 1.00 X 0 0 0 TREVOR DUKES DIRECTOR 1.00 X 0 0 0 KAREN FERNALD DIRECTOR 1.00 X 0 0 0 AMY GATES DIRECTOR 1.00 X 0 0 0 ERIC LI DIRECTOR 1.00 X 0 0 0 JENNY MALONEY DIRECTOR 1.00 X 0 0 0 DAN MATHIESON DIRECTOR 1.00 X 0 0 0 ELIZABETH NARDI DIRECTOR 1.00 X 0 0 0 JULIET OLIVARRIA DIRECTOR 1.00 X 0 0 0 SCOT OLSON DIRECTOR 1.00 X 0 0 0 CARLOS ORAMAS DIRECTOR 1.00 X 0 0 0 MARC OSHIMA DIRECTOR 1.00 X 0 0 0 JIM RICHTER DIRECTOR 1.00 X 0 0 0 ROBERTO SALAZAR PEREZ DIRECTOR 1.00 X 0 0 0 DEBORA STEIER DIRECTOR 1.00 X 0 0 0 DON SANDERSON DIRECTOR 1.00 X 0 0 0 ANGELA SANTIAGO DIRECTOR 1.00 X 0 0 0 READE SIEVERT DIRECTOR 1.00 X 0 0 0 MICHAEL SIMONETTA DIRECTOR 1.00 X 0 0 0 WYARD STOMP DIRECTOR 1.00 X 0 0 0 DAN SUN DIRECTOR 1.00 X 0 0 0 TED TAYLOR DIRECTOR 1.00 X 0 0 0 PATRICK VIZZONE DIRECTOR 1.00 X 0 0 0 LIU MAU WAH DIRECTOR 1.00 X 0 0 0 GARY YORK DIRECTOR 1.00 X 0 0 0 CATHERINE BURNS CHIEF EXECUTIVE OFFICER 30.00 10.00 X 0 0 0 YVONNE BULL CHIEF FINANCIAL OFFICER 30.00 10.00 X 0 0 0 DOUGLAS BOHR EXECUTIVE DIRECTOR, CGT 10.00 30.00 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1835083 0 3506704 0 274497 0 834862 0 0 0 2060618 0 15858707 0 349281 0 1599321 0 26319073 0 1049488 0 12485778 0 4027714 0 17562980 0 X 8756093 0 8756093 0 26319073 0 X 0 -8756093 X 0 0 0 CASH 2022-01-01 1835083 COST 873495767 501(C)(6) SAVINGS AND TEMPORARY INVESTMENTS 2022-01-01 3506704 COST 873495767 501(C)(6) ACCOUNTS RECEIVABLE 2022-01-01 274497 COST 873495767 501(C)(6) PREPAID EXPENSES 2022-01-01 834862 COST 873495767 501(C)(6) ASSETS HELD FOR DEFERRED COMPENSATION 2022-01-01 1599321 NET BOOK VALUE 873495767 501(C)(6) LAND 2022-01-01 152902 COST 873495767 501(C)(6) BUILDINGS 2022-01-01 947350 NET BOOK VALUE 873495767 501(C)(6) EQUIPMENT 2022-01-01 227092 NET BOOK VALUE 873495767 501(C)(6) OTHER FIXED ASSETS 2022-01-01 773274 NET BOOK VALUE 873495767 501(C)(6) PUBLICLY TRADED SECURITIES 2022-01-01 15858707 STOCK MARKET VALUE 873495767 501(C)(6) BRANDING COSTS 2022-01-01 349281 NET BOOK VALUE 873495767 501(C)(6) 1 1 0 0 1 0 0 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: CATHERINE BURNSYVONNE BULLLAUREN M. SCOTTMAXIM TEPLITSKIDANIEL STARKDOUGLAS BOHRWATSON JOSEPHEDMUND TREACYVONNIE ESTESANTHONY BARBIERIMERRIFIELD SHAWNDWIGHT FERGUSONLAURA HIMES PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: THE OFFICERS, BOARD MEMBERS AND EMPLOYEES FROM PMA CONTINUED TO SERVE THEIR RESPECTIVE FUNCTIONS IN THE SUCCESSOR ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS SHALL BE COMPOSED OF FIFTEEN OR MORE VOTING MEMBERS, EACH OF WHOM SHALL BE ELECTED FOR A ONE-YEAR TERM, PROVIDING THAT NO DIRECTOR SHALL BE ELECTED TO SERVE MORE THAN THREE CONSECUTIVE TERMS. IN CASE ANY DIRECTOR SHALL, BY DEATH, RESIGNATION, INCAPACITY TO ACT, OR OTHERWISE CEASE TO BE A DIRECTOR OF THE ASSOCIATION DURING HIS TERM, A SUCCESSOR SHALL BE CHOSEN BY A MAJORITY VOTE OF THE DIRECTORS REMAINING IN OFFICE, TO SERVE FOR THE REMAINDER FO THE UNEXPIRED TERM. THE BOARD OF DIRECTORS SHALL DECLARE VACANT THE POSITION OCCUPIED BY ANY DIRECTOR WHO CEASES TO BE EMPLOYED OR OFFICIALLY AFFILIATED WITH A MEMBER COMPANY OF THE ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CFO. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD IS ASKED TO REVIEW AND SIGN THE COI POLICY AND DISCLOSE AT THAT TIME IF THERE ARE ANY CONFLICTS TO DISCUSS. AT EACH MEETING THE COI IS REFERRED TO AND THE BOARD IS ASKED IF ANYTHING HAS CHANGED OR ARISEN THAT SHOULD BE CONSIDERED. FORM 990, PART VI, SECTION B, LINE 15 CEO, EXECUTIVE DIRECTOR, OR TOP MANAGEMENT - THIS PROCESS IS HANDLED BY OUR EXECUTIVE COMMITTEE OFFICERS. THEY MEET ONE DAY PRIOR TO AN ALREADY SCHEDULED MEETING AND EVALUATE THE PRESIDENT & CEO YEAR AND THEN TOGETHER DETERMINE WHAT BENEFITS HE WOULD RECEIVE BASED ON THOSE FACTS WHICH INCLUDES ANY SALARY INCREASE, BONUS, OR DEFERRED COMPENSATION. ABOUT EVERY THREEE YEARS THE ASSOCIATION CONDUCTS A SALARY SURVEY THAT IS PROVIDED TO THE MEMBERS OF THE BOARD. THE ORGANIZATION IS CURRENTLY USING AN EXECUTIVE COMPENSATION CONTRACTOR TO PROVIDE A COMPENSATION STUDY FOR THE CEO POSITION. THE COMPENSATION COMMITTEE FOR THE EXECUTIVE DIRECTOR STILL USES THE CHAIRMAN, CHAIR-ELECT, AND IMMEDIATE PAST CHAIR TO REVIEW AND HANDLE ALL COMPENSATION MATTERS. OTHER OFFICERS OR KEY EMPLOYEES - ALL OTHERS FOLLOW THE COMPENSATION POLICY OF THE ASSOCIATION. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 AND ALL OTHER FINANCIAL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: DISTRIBUTION OF NET ASSETS TO SUCCESSOR -8,756,093.