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Filing year 2024

NORTH AMERICAN ASSOCIATION OF FOOD EQUIPMENT MANUFACTURERS

Chicago, Illinois·EIN 36-6082586·6
Total revenue
$2.1M
Total assets
$39M
Total expenses
$4.7M
Reported officers
20
Mission

NAFEM IS A NOT-FOR-PROFIT TRADE ASSOCIATION REPRESENTING OVER 500 COMMERCIAL FOODSERVICE EQUIPMENT AND SUPPLIES MANUFACTURERS DEDICATED TO DRIVING SUCCESS AND FORWARD PROGRESS AMONG ITS MEMBER COMPANIES AND PROVIDING LEADERSHIP TO ADVANCE THE GLOBAL FOODSERVICE EXPERIENCE.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

Executive Vice President
executive vice president
$439k
$470k
Base
$348k
Bonus
Other
$31k
Benefits
$40k
Vp, Regulatory & Technical
vice president
$287k
$308k
Base
$223k
Bonus
Other
$18k
Benefits
$33k
Director, Regulatory & Technical Affairs
highest compensated employee
$214k
$229k
Base
$167k
Bonus
Other
$31k
Benefits
$6k
Director, Brand Marketing
director (operational)
$176k
$188k
Base
$125k
Bonus
Other
$19k
Benefits
$23k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Up 5%
from 2023

From $418k in 2023 to $439k in 2024.

$418k
2023
$439k
2024
In today's dollarsEst.
Up 1% in real terms$463k to $470k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

NORTH AMERICAN ASSOCIATION OF FOOD EQUIPMENT MANUFACTURERS reported revenue and expenses across 2 filing years.

RevenueExpenses
$13.7M
$11.7M
2023
$2.1M
$4.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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