Form 990 for tax year 2022
Filed by 7-ELEVEN WILIANA FRANCHISE OWNERS ASSOCIATION.
Totals
- Total revenue
- $499,397
- Total expenses
- $542,966
- Contributions and grants received
- $10,210
- Grants paid
- $23,555
- Program service revenue
- $347,426
- Investment income
- $133
- Other revenue
- $141,628
- Total assets, end of year
- $800,430
- Total liabilities, end of year
- $127,616
- Net assets or fund balances, end of year
- $672,814
- Program services expenses (Part IX)
- $221,530
- Management and general expenses
- $321,436
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $221,530
Program services were 40.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$10,210
-
2a · Program service revenue: Board meeting
total $144,000 · related or exempt $144,000
-
2b · Program service revenue: Consulting
total $120,125 · related or exempt $120,125
-
2c · Program service revenue: Sponsorships
total $35,301 · related or exempt $35,301
-
2d · Program service revenue: General meeting
total $48,000 · related or exempt $48,000
-
3 · Investment income
total $133 · related or exempt $133
-
8a · Fundraising events: gross income
$632,253
-
8b · Fundraising events: direct expenses
$507,792
-
8c · Net income from fundraising events
total $124,461
-
11a · Other revenue: Other
total $17,167 · related or exempt $17,167
-
11e · Other revenue, total
$17,167
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $23,555 · program services $23,555
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $56,639 · program services $800 · management and general $55,839
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $3,600 · management and general $3,600
-
10 · Payroll taxes
total $4,885 · management and general $4,885
-
11a · Fees: management
total $15,576 · program services $15,346 · management and general $230
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $11,550 · management and general $11,550
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $14,388 · program services $3,418 · management and general $10,970
-
13 · Office expenses
total $19,291 · program services $10,002 · management and general $9,289
-
14 · Information technology
total $909 · management and general $909
-
15 · Royalties
total $0
-
16 · Occupancy
total $27,347 · program services $20,147 · management and general $7,200
-
17 · Travel
total $94,353 · program services $93,293 · management and general $1,060
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $39,746 · program services $36,204 · management and general $3,542
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $3,453 · management and general $3,453
-
24a · Other expenses: Website
total $4,788 · management and general $4,788
-
24b · Other expenses: Commissions
total $2,500 · program services $2,500
-
24c · Other expenses: Franchisee incentives
total $209,623 · program services $10,800 · management and general $198,823
-
24e · All other expenses
total $10,763 · program services $5,465 · management and general $5,298
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $648,952 · end of year $617,165
-
4 · Accounts receivable
beginning of year $67,605 · end of year $183,265
-
17 · Accounts payable and accrued expenses
beginning of year $174 · end of year $121,944
-
24 · Unsecured notes and loans payable
end of year $3,672
-
25 · Other liabilities
end of year $2,000
-
27 · Net assets without donor restrictions
beginning of year $716,383 · end of year $672,814
Mission and programs · 2022
Mission
To assist Chicago area 7 Eleven franchisees
-
Local meetings and picnic
Expenses $41,351
-
Franchisee magazine-Bi-monthly magazine sent free to franchiseesregarding issues important to franchisees. Revenue is generated from advertisingplaced by vendors.
Expenses $16,452
-
Sanitation classes-Instruction for franchisees and their staff regarding sanitation requirements of various state and local government agencies
Expenses $8,896
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jaimin Pandya
President
- Total calculated
- $38,000
- From this org
- $38,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Katen Patel
Director
- Total calculated
- $34,100
- From this org
- $34,100
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Hitesh Doshi
Vice President
- Total calculated
- $27,920
- From this org
- $27,920
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Rahul Patel
Treasurer
- Total calculated
- $26,480
- From this org
- $26,480
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Ronak Desai
Director
- Total calculated
- $23,855
- From this org
- $23,855
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Vyomesh Desai
Director
- Total calculated
- $17,730
- From this org
- $17,730
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Nizarali Ladhani
Director
- Total calculated
- $17,105
- From this org
- $17,105
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Liaquat Ali
Director
- Total calculated
- $14,050
- From this org
- $14,050
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Nirav Patel
Director
- Total calculated
- $6,945
- From this org
- $6,945
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Kaushik Patel
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rashid Siddiqui
Director
- Total calculated
- $0
- Hours/week
- 1
-
Janak Shah
Director
- Total calculated
- $0
- Hours/week
- 1
-
Vishal Patel
Director
- Total calculated
- $0
- Hours/week
- 1
-
Pinak Patel
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
Lurie Children's Hospital
$10,711
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313149349304026
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