| FORM 990, PART VI, SECTION B, LINE 12C |
IMMEDIATELY UPON ELECTION OR APPOINTMENT OF A Director OR OFFICER, ALL Directors AND OFFICERS SHALL DISCLOSE ANY RELEVANT INTEREST OF AN INTERESTED PARTY OR RELATED PARTY AS THEY RELATE TO SUCH director OR OFFICER WHICH MAY POSE A POTENTIAL CONFLICT OF INTEREST. THE BOARD OF directors OF THE ORGANIZATION SHALL INVESTIGATE THE POTENTIAL CONFLICT OF INTEREST. THE CONFLICT OF INTEREST DISCLOSURE FORMS ARE UPDATED AT LEAST ANNUALLY. ANY CONFLICTS ARE RECORDED IN THE MINUTES OF THE MEETING OF THE BOARD OR COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 15 |
THE BOARD OF directors THAT HAS AUTHORITY OVER FINANCIAL MATTERS OR A COMMITTEE FORMED BY THE BOARD WILL MAKE RECOMMENDATIONS REGARDING COMPENSATION OF THE EMPLOYEE. THE COMMITTEE MAY BE MADE UP ONLY OF DIRECTORS WHO HAVE NO CONFLICT OF INTEREST. THE COMMITTEE'S RECOMMENDATIONS ARE BASED ON REASONABLY-AVAILABLE INFORMATION REGARDING COMPENSATION PAID BY AT LEAST THREE COMPARABLE ORGANIZATIONS IN THE SAME OR SIMILAR COMMUNITIES FOR SIMILAR POSITIONS INVOLVING SIMILAR SERVICES based on the review of salary information available on the Form 990 for these organizations. THE BOARD REVIEWS THE COMMITTEE'S RECOMMENDATIONS IN LIGHT OF THE COMMITTEE'S STATED REASONS AND ANY OTHER INFORMATION REASONABLY AVAILABLE REGARDING COMPARABLE POSITIONS AND COMPENSATION. THE BOARD'S DECISIONS AND REASONS FOR ITS DECISIONS ARE DOCUMENTED IN THE MINUTES OF THE BOARD. |
| FORM 990, PART XII, LINE 2C |
THE AUDIT COMMITTEE ASSUMES THE REPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF CFB NJ'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. |
| FORM 990, PART VIII. LINE 1G |
The value of donated food and commodities is calculated using an average wholesale cost per pound, which is based on an annual study prepared by Feeding America, the national organization of food banks country-wide. |
| FORM 990, PART VI, SECTION B, LINE 11A |
THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTANT AND REVIEWED BY THE BOARD OF DIRECTORS. COPIES OF THE FORM 990 ARE PROVIDED TO ALL directors. |
| FORM 990, PART VI, SECTION C, LINE 19 |
CFBNJ makes their financial statements and 990 available on their website and their GOVERNING DOCUMENTS and POLICIES AVAILABLE upon request. |
| FORM 990, PART III, LINE 4A |
This year the Community FoodBank of New Jersey distributed approximately 100 million pounds of food to 800 partner organizations in 15 out of New Jersey's 21 counties, resulting in more than 85 million meals delivered to neighbors in need. 30% of all food distributed is fresh produce. The Community FoodBank of New Jersey's programs include: child and senior feeding, mobile pantries, resource access assistance, distribution of essential items including pads and diapers, chronic disease focused support services, workforce development training, emergency food distribution, and grantmaking. |
| FORM 990, PART I, LINE 1 |
Working together with volunteers, donors and our many partners, we work to fill the emptiness caused by hunger with Food, Help and Hope. |
| FORM 990, PART III, LINE 2 |
In FY21, the Community FoodBank of New Jersey undertook one additional program service which was not listed on the prior form 990. Specifically, the organization awarded more than $3.5 million in grants to 292 network partners, helping them sustain the pandemic response and increase their capabilities. |
Attach to Form 990 or 990-EZ.