irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $42KNJDEP CHARTER PROJECT
- #2 $0ANNUAL GOLF OUTING AND DINNERESTIMATED NUMBER OF PARTICIPANTS
named programs · 5 · from sources
What they call their work
CMAA Contracts and Arbitration Services
Provides standardized contracts for cocoa trade (1A, 2A, 3A) based on INCOTERMS and offers arbitration in New York for disputes involving members or member contracts
Industry Relations & Social Networking
Hosts member-only events including educational webinars, seminars, golf outings, and receptions; organizes the International Cocoa Conference open to non-members with member discounts
Spot Prices & U.S. Import Statistics
Administers weekly review of spot prices from member traders and provides access to U.S. Census Bureau cocoa import data for members, banks, and analysts
U.S. Regulatory and Policy Engagement
Represents members in regulatory matters with agencies including FDA, CBP, USDA, and NJDEP, providing guidance on compliance and policy issues
Warehouse Inspection Program (WIP)
Monthly inspections of cocoa warehouses to ensure compliance with FDA, FSMA, and other federal, state, and local storage requirements; required for ICE Futures U.S. exchange licensing
activities · 5 groups
What they do
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Trade and Logistics Support Services 4 activities
- Administers weekly spot price review for cocoa beans and productsProvides an independent valuation source for cocoa beans and cocoa products through a weekly review, used by members, banks, and financial analysts.
- Facilitates access to U.S. cocoa import statisticsEnables members to access U.S. cocoa import data published by the U.S. Census Bureau, supporting market analysis and trade decisions.
- Provides access to trade resources and regulationsOffers members access to key trade resources, including rules, regulations, and compliance information in the cocoa industry.
- Provides standardized contract terms for cocoa tradingOffers standardized contracts and terms for cocoa sales in North America, aligned with INCOTERMS, to support trade consistency and legal clarity.
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Professional Networking Events 2 activities
- Hosts educational and networking events for membersOrganizes member-only webinars, seminars, golf outings, and receptions to support professional development and industry networking.
- Organizes the International Cocoa ConferenceHosts the annual International Cocoa Conference, open to members and non-members, to support trade and welfare in the global cocoa industry.
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Organized Member Social Events 1 activity
- Hosts annual golf outing and dinner eventOrganizes an annual golf outing and dinner event, with an estimated 124 participants, as a longstanding tradition for member engagement.
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Alternative Dispute Resolution Standards & Accreditation 1 activity
- Provides arbitration services for cocoa trade disputesOffers arbitration in New York for disputes arising from CMAA contracts or agreements between members related to cocoa beans and cocoa products.
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Uncategorized 3 activities
- Conducts NJDEP Charter Project to support cocoa trade and welfareCarried out the NJDEP Charter Project aimed at supporting trade and welfare initiatives within the cocoa industry.
- Conducts town meetings and webinarsHeld town meetings and webinars with an estimated 104 participants to engage stakeholders on industry issues.
- Operates Warehouse Inspection Program (WIP) for cocoa storage complianceConducts inspections to help cocoa warehouses meet federal, state, and local storage standards, including compliance with the Food Safety Modernization Act (FSMA).
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financials · form 990 · fy2024
revenue
Total revenue$1.10M
Contributions & grants$357K33%
Program service revenue$720K66%
Investment income$20K2%
Other revenue$0
expenses
Total expenses$1.07M
Program expenses85%
Admin / overhead15%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineOther
balance sheet
Total assets$940K
Cash$570K
Investments$0
Liabilities$55K
Net assets$884K
Liquid reserves6.4 mo
4 years on record · 2020–2024 · YoY revenue +3.3%
leadership · form 990 part vii · fy2024
Who runs it
board members · 10
- BILL GOLDEN — Director
- DANIEL V DIEZ — SECRETARY/TREAS
- JONATHAN LIU — Director
- MARK WEYANDT — Director
- MATT LILIENFELD — Director
- MELISSA CALLANTA-RECHNER — VICE-CHAIR
- MICHAEL JULIANO — Director
- ROBERT WEIDNER — Chairman
- SCOTT AMOYE — Director
- SCOTT WALKER — Director
relationships · 20
Who they work with
- ADM Partner — Represented on the CMAA Board of Directors through leadership participation.
- Arbitration Committee Network — Elects members annually to serve on the Arbitration Committee, which selects panels for dispute resolution.
- Customs and Border Protection Government — Maintains working relationship on regulatory and import issues.
- Customs and Border Protection (CBP) Government — Maintains working relationship to navigate regulatory issues.
- Customs and Border Protection Department of Agriculture (CBP AG) Government — Maintains working relationship to navigate regulatory issues.
- DD(S) Partner — Represented on the CMAA Board of Directors through leadership participation.
- ECOM Partner — Represented on the CMAA Board of Directors through leadership participation.
- Food and Drug Administration Government — Maintains working relationship on food safety and regulatory compliance.
- Food and Drug Administration (FDA) Government — Maintains working relationship to navigate regulatory issues.
- General Cocoa Partner — Represented on the CMAA Board of Directors through leadership participation.
- ICE Futures U.S. Partner — Partnership through the Warehouse Inspection Program, which is a requirement for exchange licensing warehouses.
- ICE Futures U.S. Partner — Warehouse Inspection Program participation is a requirement for exchange licensing warehouses under ICE Futures U.S.
- INCOTERMS Network — Aligns CMAA contracts with INCOTERMS rules for international trade.
- KSW Global Partner — Represented on the CMAA Board of Directors through leadership participation.
- Mars Partner — Represented on the CMAA Board of Directors through leadership participation.
- NJ Department of Environmental Protection Government — Maintains working relationship on environmental compliance for cocoa operations.
- NJ Department of Environmental Protection (NJDEP) Government — Maintains working relationship to navigate regulatory issues.
- Olam Partner — Represented on the CMAA Board of Directors through leadership participation.
- U.S. customs broker Government — Recommends working with licensed U.S. customs brokers to comply with import laws.
- UCP Partner — Represented on the CMAA Board of Directors through leadership participation.
strategies · 3
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Industry-Wide Collaborative Governancemethodology: industry_collaborationBy including diverse cocoa industry stakeholders in governance and decision-making, the organization aligns sector interests and drives collective problem-solving, because shared ownership leads to more durable and widely adopted solutions.
- Rules-Based Dispute Resolution for Trade Integritymethodology: rules-based_arbitrationBy offering a standardized, cost-effective arbitration process, the organization reduces trade conflicts and strengthens trust in cocoa markets, because predictable and fair resolution mechanisms increase transactional confidence and compliance.
- Transparency-Driven Supply Chain Risk Managementmethodology: transparent_supply_chainBy promoting transparent supply chain practices through standardized guidelines, the organization mitigates operational and reputational risks, because visibility into sourcing and trading practices enables early intervention and builds stakeholder trust.