Nsf International

“Form 990 is prepared by nsfs internal tax team and is reviewed and approved by nsf management. Prior to the filing with the irs, a completed copy of the current year form 990 is posted on the board of directors website. All board members have access to the form 990 and can download and review the document. The audit/finance committee (comprised of members of the board of directors) is responsible for monitoring this process and for confirming that form 990 is posted to the website in a timely manner.”

“John rowley can be reached at the following address:nsf hk testing technology company1188 lian hang road, intelligence valley, pujiang, shanghai chinamartin lush and heather taylor can be reached at the following address:nsf health sciences uk limitedthe georgian house 22-24 west end, kirkbymoorsideyork, north yorkshire y062 6af uk”

“All employees, officers, and directors (i.e., covered persons) who act on behalf of nsf in the operations of nsfs business must avoid conflicts of interest, promptly cease activities that cause conflicts to exist and must provide written disclosure to the chief legal officer of any actual or potential conflict of interest they are aware of upon hire or that may occur during their employment at nsf. Further, covered persons may not enter into a transaction or engage in any activity giving rise to a conflict of interest without the prior written approval of the chief legal officer and may be asked to discontinue an outside activity if it impacts or is perceived to impact their impartiality, effectiveness, productivity or if the disclosure of nsf confidential information is at risk. Additionally, all employees are required to undergo annual code of ethics training. As a part of the annual training, employees are educated on what may constitute a conflict of interest (including common situations that may create a conflict of interest (or the appearance of one), are made aware of the existing conflict of interest policy and are reminded of their continuing obligation to report actual or potential conflicts of interest as they arise.”

“Each year during its 1st quarter meeting and after the publication of the prior year financial results, the human resources committee (comprised of members of the board of directors) reviews the compensation of all corporate officers and board members and recommends adjustments to compensation as necessary. The full board of directors reviews the recommendations of the human resources committee and approves adjustments to compensation, if deemed appropriate. This compensation review/recommendation/approval process was last completed in february 2023. In addition, compensation studies are performed periodically by an outside independent compensation consultant to assist the compensation committee in the review of the officers and directors compensation. The last compensation study was performed in 2021.”

“See schedule o explanation for part vi, line 15a.”

“The organizations conflict of interest policy and form 990 are both available to the public upon request. Requests can be made by emailing to [email protected] or calling (734) 769-8010.”

“Part xi, line 9, changes in net assets:dividend income (for 990, not books) (1,981,030)unrealized loss on currency translation ( 4,334)other investment income (for 990, not books) (225,694)”

“Form 990, part iii, line 4d, other program services: the nsf food safety division includes both food equipment and nonfood compounds certification. The food equipment program tests and certifies food equipment products for acceptance across the us, europe, and other global markets. The nonfood compounds program offers risk management solutions for nonfood compounds and proprietary substances (i.e., lubricants, cleaners, and water treatment chemicals used in food and beverage processing).expenses: $11,584,267 revenue: $24,863,666 standards: nsf international facilitates the process of developing new standards and maintenance of our existing standards, which is over 80 published documents. Our team works to ensure that all policies and procedures are followed and that our stakeholders are equipped to have conversations leading to consensus; this includes but is not limited to schedule/coordination of meetings, sharing essential documentation (reference standards, data, meeting summaries, etc.), committee membership recruitment and leading the balloting process for new standards and revisions to published standards.expenses: $277,104 revenue: $430,357”

“Form 990, part v, line 4b - list of foreign countries (continued)australia, belgium, brazil, bulgaria, canada, chile, china, colombia, costa rica, ecuador, france, germany, guatemala, hong kong, india, ireland, italy, japan, mexico, new zealand, peru, romania, saudi arabia, south africa, south korea, spain, switzerland, taiwan, thailand, tunisia, united arab emirates, united kingdom, vietnam”