CIFT

Address
5555 Airport Highway No 100
Toledo, OH 43615
Contact
Website: http://www.ciftinnovation.org
Phone: +1 (419) 535-6000
Nonprofit
NTEE: S30 - Economic Development
EIN: 34-1565585

Mission

DEVELOP AND PROVIDE TECHNICAL INNOVATIONS AND SOLUTIONS FOR FOOD PROCESSING, AGRIBUSINESS, AND AGRICULTURAL SECTORS OF THE ECONOMY IN OUR REGION, STATE AND BEYOND.
 20172016201520142013
Basic features of the organization
Year of formation1987
Subsection code03
PF filing required0    
Metropolitan statistical area8400
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$314,385.00$276,561.00$275,898.00$266,161.00$273,370.00
Sum of reportable (W2/1099) compensation$470,068.00$363,696.00$250,276.00$248,396.00$247,455.00
Number of employees1717192021
Number of people compensated >$100k32121
Number of volunteers10111100
Number of highly compensated contractors1002 
Personnel
Beck, David
TitleFormer president & CEOPRESIDENT & CEOPRESIDENT & CEOPRESIDENT & CEOPRESIDENT & CEO
Name of key/compensated persondavid beckDAVID BECKDAVID BECKDAVID BECKDAVID BECK
Position of compensated person
Current officer TrueTrueTrueTrue
Former officers, key employees, highest compensated employees, directors or trusteesTrue    
Average hours per week working for org40.0040.0040.0040.0040.00
Reportable compensation from org$175,363.00$173,739.00$166,127.00$166,569.00$168,964.00
Breakdown of reportable comp
Base reportable compensation from org$175,363.00$173,739.00$166,127.00$166,569.00$168,964.00
Bonus and incentive reportable compensation$0.00$0.00$0.00$0.00$0.00
Other reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Retirement and other deferred compensation$5,880.00$5,880.00$5,713.00$0.00$0.00
Nontaxable benefits from org$715.00$6,425.00$6,718.00$16,379.00$13,096.00
Compensation from org previously reported as deferred$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$6,595.00$12,305.00$12,431.00$16,379.00$13,096.00
Sum of all compensation from org$181,958.00$186,044.00$178,558.00$182,948.00$182,060.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Carr, Charlie
TitletrusteeTRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personcharlie carrCHARLIE CARRCHARLIE CARRCHARLIE CARRCHARLIE CARR
Position of compensated person
Average hours per week working for org0.500.500.500.501.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Dockins, Michael
TitleTrusteeTRUSTEETRUSTEETRUSTEE 
Name of key/compensated personMichael E DockinsMICHAEL E DOCKINSMICHAEL E DOCKINSMICHAEL E DOCKINS 
Position of compensated person
Average hours per week working for org0.500.500.500.50 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Epperson, C
Title TRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated person C WILLIAM EPPERSONC WILLIAM EPPERSONC WILLIAM EPPERSONC WILLIAM EPPERSON
Position of compensated person
Average hours per week working for org 0.500.500.501.00
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Gravino, Julian
TitleTrusteeTRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personjulian a gravinoJULIAN A GRAVINOJULIAN A GRAVINOJULIAN A GRAVINOJULIAN A GRAVINO
Position of compensated person
Average hours per week working for org0.500.500.500.501.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Grote, Bob
TitletrusteeTRUSTEETRUSTEE  
Name of key/compensated personbob groteBOB GROTEBOB GROTE  
Position of compensated person
Average hours per week working for org0.500.500.50  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Hart, Dale
Title TRUSTEETRUSTEE  
Name of key/compensated person DALE HARTDALE HART  
Position of compensated person
Average hours per week working for org 0.500.50  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00  
Hayes, Jerry
TitletrusteeTRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personJerry HayesJERRY HAYESJERRY HAYESJERRY HAYESJERRY HAYES
Position of compensated person
Average hours per week working for org0.500.500.500.501.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Hermiller, Kathy
Titlesecretary & treasurerSECRETARY & TREASURERSECRETARY & TREASURERSECRETARY & TREASURERSECRETARY AND TREASURER
Name of key/compensated personkathy hermillerKATHY HERMILLERKATHY HERMILLERKATHY HERMILLERKATHY HERMILLER
Position of compensated person
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org36.0040.0040.0040.0040.00
Reportable compensation from org$89,916.00$87,331.00$84,149.00$81,827.00$78,491.00
Other comp, non-reportable, from org and related orgs$5,940.00$5,894.00$5,619.00$5,069.00$4,602.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Hirzel, William
TitleChairmanCHAIRMANCHAIRMANCHAIRMANCHAIRMAN
Name of key/compensated personwilliam j hirzelWILLIAM J HIRZELWILLIAM J HIRZELWILLIAM J HIRZELWILLIAM J HIRZEL
Position of compensated person
Average hours per week working for org1.001.001.002.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Knueven, Carl
TitletrusteeTRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personCarl KnuevenCARL KNUEVENCARL KNUEVENCARL KNUEVENCARL KNUEVEN
Position of compensated person
Average hours per week working for org0.500.500.500.501.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Lee, Ken
Title  TRUSTEETRUSTEETRUSTEE
Name of key/compensated person  DR KEN LEEDR KEN LEEDR KEN LEE
Position of compensated person
Average hours per week working for org  0.500.501.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
McGrady, Daniel
Title   TRUSTEETRUSTEE
Name of key/compensated person   DANIEL MCGRADYDANIEL P MCGRADY
Position of compensated person
Average hours per week working for org   0.501.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Mennel, Don
TitleTrusteeTRUSTEE   
Name of key/compensated personDon MennelDON MENNEL   
Position of compensated person
Average hours per week working for org0.500.50   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Plimpton, Shari
TitleVice PresidentVICE PRESIDENT   
Name of key/compensated personShari PlimptonSHARI PLIMPTON   
Position of compensated person
Average hours per week working for org40.0040.00   
Reportable compensation from org$103,742.00$102,626.00   
Other comp, non-reportable, from org and related orgs$4,460.00$4,637.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Sandridge, Mark
TitleTrusteeTRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personMark SandridgeMARK SANDRIDGEMARK SANDRIDGEMARK SANDRIDGEMARK SANDRIDGE
Position of compensated person
Average hours per week working for org0.500.500.500.501.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Siebeneck, Dale
TitleTrustee    
Name of key/compensated personDale Siebeneck    
Position of compensated person
Average hours per week working for org0.50    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Singer, Rebecca
Titlepresident & CEO    
Name of key/compensated personRebecca Singer    
Position of compensated person
Current officerTrue    
Average hours per week working for org40.00    
Reportable compensation from org$101,047.00    
Other comp, non-reportable, from org and related orgs$8,569.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Twyman, Jeff
Title    VICE CHAIRMAN
Name of key/compensated person    JEFF TWYMAN
Position of compensated person
Average hours per week working for org    1.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Twyman, Jeffrey
Title   VICE CHAIRMAN 
Name of key/compensated person   JEFFREY TWYMAN 
Position of compensated person
Average hours per week working for org   0.50 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Purpose: mission, activities, & accomplishments
Mission or significant activitiesDEVELOP AND PROVIDE TECHICAL INNOVATIONS AND SOLUTIONS FOR FOOD PROCESSING, AGRIBUSINESS, AND AGRICULTURAL SECTORS OF THE ECONOMY IN OUR REGION, STATE AND BEYOND.DEVELOP AND PROVIDE TECHICAL INNOVATIONS AND SOLUTIONS FOR FOOD PROCESSING, AGRIBUSINESS, AND AGRICULTURAL SECTORS OF THE ECONOMY IN OUR REGION, STATE AND BEYOND.DEVELOP AND PROVIDE TECHICAL INNOVATIONS AND SOLUTIONS FOR FOOD PROCESSING, AGRIBUSINESS, AND AGRICULTURAL SECTORS OF THE ECONOMY IN OUR REGION, STATE AND BEYOND.DEVELOP AND PROVIDE TECHICAL INNOVATIONS AND SOLUTIONS FOR FOOD PROCESSING, AGRIBUSINESS, AND AGRICULTURAL SECTORS OF THE ECONOMY IN OUR REGION, STATE AND BEYOND.DEVELOP AND PROVIDE TECHICAL INNOVATIONS AND SOLUTIONS FOR FOOD PROCESSING, AGRIBUSINESS, AND AGRICULTURAL SECTORS OF THE ECONOMY IN OUR REGION, STATE AND BEYOND.
Program service expenses, total$3,039,398.00$1,328,661.00$1,782,426.00$2,194,178.00$1,858,752.00
Programs, including revenue & expenses
OUR SERVICES ARE DESIGNED TO ENHANCE THE ECONOMIC PERFORMANCE OF THE FOOD PROCESSING AND AGRICULTURAL SECTORS AND CREATE NEW JOBS WITHIN THE INDUSTRY. THROUGH DEMONSTRATIONS OF TECHNOLOGIES AND NOVEL BUSINESS APPROACHES, COMPANIES ARE ABLE TO IMPROVE THEIR COMPETITIVE POSITION.
Program expenses$3,039,398.00$1,328,661.00$1,782,426.00$2,194,178.00$1,858,752.00
Program revenue$1,094,944.00$169,486.00$159,172.00$130,205.00$146,774.00
Program descriptionOUR SERVICES ARE DESIGNED TO ENHANCE THE ECONOMIC PERFORMANCE OF THE FOOD PROCESSING AND AGRICULTURAL SECTORS AND CREATE NEW JOBS WITHIN THE INDUSTRY. THROUGH DEMONSTRATIONS OF TECHNOLOGIES AND NOVEL BUSINESS APPROACHES, COMPANIES ARE ABLE TO IMPROVE THEIR COMPETITIVE POSITION.OUR SERVICES ARE DESIGNED TO ENHANCE THE ECONOMIC PERFORMANCE OF THE FOOD PROCESSING AND AGRICULTURAL SECTORS AND CREATE NEW JOBS WITHIN THE INDUSTRY. THROUGH DEMONSTRATIONS OF TECHNOLOGIES AND NOVEL BUSINESS APPROACHES, COMPANIES ARE ABLE TO IMPROVE THEIR COMPETITIVE POSITION.OUR SERVICES ARE DESIGNED TO ENHANCE THE ECONOMIC PERFORMANCE OF THE FOOD PROCESSING AND AGRICULTURAL SECTORS AND CREATE NEW JOBS WITHIN THE INDUSTRY. THROUGH DEMONSTRATIONS OF TECHNOLOGIES AND NOVEL BUSINESS APPROACHES, COMPANIES ARE ABLE TO IMPROVE THEIR COMPETITIVE POSITION.OUR SERVICES ARE DESIGNED TO ENHANCE THE ECONOMIC PERFORMANCE OF THE FOOD PROCESSING AND AGRICULTURAL SECTORS AND CREATE NEW JOBS WITHIN THE INDUSTRY. THROUGH DEMONSTRATIONS OF TECHNOLOGIES AND NOVEL BUSINESS APPROACHES, COMPANIES ARE ABLE TO IMPROVE THEIR COMPETITIVE POSITION.OUR SERVICES ARE DESIGNED TO ENHANCE THE ECONOMIC PERFORMANCE OF THE FOOD PROCESSING AND AGRICULTURAL SECTORS AND CREATE NEW JOBS WITHIN THE INDUSTRY. THROUGH DEMONSTRATIONS OF TECHNOLOGIES AND NOVEL BUSINESS APPROACHES, COMPANIES ARE ABLE TO IMPROVE THEIR COMPETITIVE POSITION.
Financial data
Revenue
Total revenue$3,667,524.00$1,714,145.00$2,251,132.00$2,634,778.00$2,280,234.00
Revenue from contributions (total)$2,561,521.00$1,530,544.00$2,077,324.00$2,488,580.00$2,120,465.00
Revenue from noncash contributions    $43,563.00
Investment income, current yr$6,983.00$8,734.00$3,151.00$3,594.00$3,017.00
Total revenue from grants, etc., current yr$2,561,521.00$1,530,544.00$2,077,324.00$2,488,580.00$2,120,465.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$4,076.00$5,381.00$11,485.00$12,399.00$9,978.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$1,094,944.00$169,486.00$159,172.00$130,205.00$146,774.00
Gross receipts$3,671,572.00$1,714,605.00$2,251,549.00$2,635,468.00$2,281,284.00
Sources of contributions
Contributions revenue from membership dues$167,083.00$180,417.00$192,500.00$190,000.00$181,250.00
Revenue from gov't grants$2,394,438.00$1,350,127.00$1,884,824.00$2,293,080.00$1,895,652.00
Revenue from all other contributions   $5,500.00$43,563.00
Other types of revenue
Miscellaneous revenue (total)$3,596.00$4,466.00$10,677.00$11,439.00$9,103.00
Income from dividends, interest, and similar investments$3,786.00$3,234.00$3,151.00$3,594.00$3,017.00
Net rental income$480.00$915.00$808.00$960.00$875.00
Expense categories (totals)
Total functional expenses: sum of all$3,484,298.00$1,773,781.00$2,225,882.00$2,515,301.00$2,208,175.00
Total functional expenses: program service $3,039,398.00$1,328,661.00$1,782,426.00$2,194,178.00$1,858,752.00
Total functional expenses: management and general$444,900.00$445,120.00$443,456.00$321,123.00$349,423.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$2,074,837.00$1,289,777.00$1,541,432.00$1,494,197.00$1,286,799.00
Total assets, beginning of year$1,289,777.00$1,541,432.00$1,494,197.00$1,286,799.00$1,178,153.00
Total liabilities$795,138.00$200,069.00$393,142.00$376,530.00$287,394.00
Total liabilities, beginning of year$200,069.00$393,142.00$376,530.00$287,394.00$256,394.00
Unrestricted net assets, end of yr$1,279,699.00$1,089,708.00$1,148,290.00$1,117,667.00$999,405.00
Net assets$1,279,699.00$1,089,708.00$1,148,290.00$1,117,667.00$999,405.00
Net assets, beginning of year$1,089,708.00$1,148,290.00$1,117,667.00$999,405.00$921,759.00
Investments: other securities$30,433.00$23,668.00$22,614.00$17,241.00$18,456.00
Cash: non-interest bearing$164,053.00$33,449.00$163,628.00$150.00$150.00
Cash: non-interest bearing, beginning of year$33,449.00$163,628.00$40,693.00$150.00$150.00
Other financial variables
Revenue less expenses$183,226.00-$59,636.00$25,250.00$119,477.00$72,059.00
Advertising (total)$22,562.00$22,978.00$15,815.00$16,430.00$20,056.00
Savings & temp cash investment$836,570.00$804,232.00$838,418.00$915,509.00$834,682.00
Accounts receivable, net$986,721.00$325,157.00$460,055.00$515,842.00$382,441.00
Prepaid expenses & deferred charges$20,673.00$39,003.00$24,672.00$6,801.00$5,742.00
Accounts payable & accrued expenses$702,121.00$128,819.00$321,475.00$304,863.00$205,227.00
Deferred revenue$93,017.00$71,250.00$71,667.00$71,667.00$82,167.00
Total net assets or fund balances$1,279,699.00$1,089,708.00$1,148,290.00$1,117,667.00$999,405.00
Depreciation, depletion, amortization$24,078.00$23,585.00$15,282.00$16,542.00$20,251.00
Governance and accountability
Number of voting members101011910
Number of independent voting members101011910
Financial sheets auditedTrueTrueTrueTrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-07-012015-07-012014-07-012013-07-012012-07-01
Tax year end date2017-06-012016-06-012015-06-012014-06-012013-06-01
Indicators for schedules (selected)
Business transaction with entity ownerTrueTrueTrueTrueTrue
LobbiedTrueTrueTrueTrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2018-03-272017-07-262016-07-132015-02-182014-03-27
IRS schema version2016v3.02015v3.02014v6.02013v4.02012v2.1
Filing identifier201800509349300400201730449349300718201610439349300411201530349349300503201420699349300192
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