Form 990 for tax year 2022
Filed by ILLINOIS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC.
Totals
- Total revenue
- $451,897
- Total expenses
- $398,872
- Contributions and grants received
- $249,269
- Grants paid
- $100,000
- Program service revenue
- $83,968
- Investment income
- $18,960
- Other revenue
- $99,700
- Total assets, end of year
- $1,303,289
- Total liabilities, end of year
- $25,101
- Net assets or fund balances, end of year
- $1,278,188
- Program services expenses (Part IX)
- $320,261
- Management and general expenses
- $75,991
- Fundraising expenses
- $2,620
- Program service expenses (Part III)
- $320,261
Program services were 80.3% 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.
-
1f · All other contributions, gifts and grants
$249,269
-
1g · Noncash contributions included above
$14,996
-
2a · Program service revenue: SCHOOL CONTRACTS
total $76,731 · related or exempt $76,731
-
2b · Program service revenue: BOOKS AND CURRICULUM
total $7,237 · related or exempt $7,237
-
3 · Investment income
total $18,960 · excluded $18,960
-
8a · Fundraising events: gross income
$199,493
-
8b · Fundraising events: direct expenses
$99,793
-
8c · Net income from fundraising events
total $99,700 · excluded $99,700
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $100,000 · program services $100,000
-
5 · Compensation of officers, directors and key employees
total $66,638 · program services $59,619 · management and general $5,356 · fundraising $1,663
-
7 · Other salaries and wages
total $101,399 · program services $67,089 · management and general $33,759 · fundraising $551
-
8 · Pension plan contributions
total $176 · program services $158 · management and general $14 · fundraising $4
-
9 · Other employee benefits
total $8,147 · program services $7,289 · management and general $655 · fundraising $203
-
10 · Payroll taxes
total $7,971 · program services $7,131 · management and general $641 · fundraising $199
-
11b · Fees: legal
total $5,841 · management and general $5,841
-
11c · Fees: accounting
total $10,389 · management and general $10,389
-
11f · Fees: investment management
total $4,250 · management and general $4,250
-
13 · Office expenses
total $8,522 · management and general $8,522
-
16 · Occupancy
total $19,557 · program services $14,990 · management and general $4,567
-
19 · Conferences, conventions and meetings
total $33,744 · program services $31,821 · management and general $1,923
-
22 · Depreciation, depletion and amortization
total $316 · program services $242 · management and general $74
-
24a · Other expenses: PROSTART FACILITIES EXP
total $26,535 · program services $26,535
-
24e · All other expenses
total $5,387 · program services $5,387
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $480,761 · end of year $492,265
-
3 · Pledges and grants receivable
beginning of year $35,603 · end of year $27,700
-
9 · Prepaid expenses and deferred charges
end of year $4,393
-
10a · Land, buildings and equipment: cost or other basis
$8,348
-
10b · Land, buildings and equipment: accumulated depreciation
$7,715
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $633
-
11 · Investments: publicly traded securities
beginning of year $831,815 · end of year $778,298
-
17 · Accounts payable and accrued expenses
beginning of year $5,697 · end of year $4,031
-
19 · Deferred revenue
beginning of year $3,000 · end of year $8,000
-
25 · Other liabilities
beginning of year $31,096 · end of year $13,070
-
27 · Net assets without donor restrictions
beginning of year $940,574 · end of year $865,905
-
28 · Net assets with donor restrictions
beginning of year $367,812 · end of year $412,283
Mission and programs · 2022
Mission
TO BUILD THE FUTURE HOSPITALITY INDUSTRY THROUGH CAREER EXPLORATION, WORK FORCE DEVELOPMENT AND SCHOLARSHIPS.
-
TO PROVIDE SCHOLARSHIP ASSISTANCE AND TRAINING EXPERIENCES FOR WORTHY INDIVIDUALS WHO EVIDENCE AN INTEREST AND AMBITION TO STUDY OR TRAIN FOR A VOCATION IN FOOD HANDLING OR FOOD PROCESSING HOSPITALITY MANAGEMENT BUSINESS, AND TO INVESTIGATE AND DEVELOP IMPROVED FOOD PROGRAMS, SYSTEMS AND PROCEDURES FOR EMPLOYMENT OPPORTUNITIES IN THE FOOD SERVICE, FOOD HANDLING, FOOD PROCESSING AND HOSPITALITY MANAGEMENT BUSINESS.
Expenses $128,643 · Grants $85,000 · Revenue $83,968
-
TO SOLICIT AND RECEIVE GIFTS, GRANTS AND CONTRIBUTIONS AND ESTABLISH, FUND AND MAINTAIN FINANCIAL ASSISTANCE PROGRAMS FOR THE BENEFIT OF NEEDY EMPLOYEES OF ILLINOIS RESTAURANTS WHICH HAVE BEEN OR WILL BE ADVERSELY AFFECTED BY A DISASTER OR SUFFER MEDICAL OR OTHER PERSONAL HARDSHIP.
Expenses $17,637 · Grants $15,000
-
Expenses $173,981
As filed on the 2022 return.
Listed in Part VII
-
Jim CaldwellJIM CALDWELL
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Doug BradleyDOUG BRADLEY
1ST VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Sam ToiaSAM TOIA
2ND VICE CHAIRMAN
- Total calculated
- $442,888
- From this org
- $0
- From related orgs
- $428,234
- Other
- $14,654
- Hours/week
- 3 + 60 related
Schedule J breakdown matched by us
- Base
- $0 + $287,014 related
- Bonus
- $0 + $141,220 related
- Other
- $0
- Deferred
- $0 + $9,150 related
- Nontaxable benefits
- $0 + $5,504 related
- Filer's total
- $0 + $442,888 related
-
Adam BarronsADAM BARRONS
CORPORATE SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Rochelle TrotterROCHELLE TROTTER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Bryce BurtonBRYCE BURTON
EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
Catherine MarshallCATHERINE MARSHALL
EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
Alicia FeistamelALICIA FEISTAMEL
EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
Wayne HilstonWAYNE HILSTON
EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
Deven RandDEVEN RAND
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Daleesia UnderwoodDALEESIA UNDERWOOD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Juli O'FlahertyJULI O'FLAHERTY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Yolanda RuizYOLANDA RUIZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jen SelvaggiJEN SELVAGGI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Viviana RadenbaughVIVIANA RADENBAUGH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jessica Lamers BlomquistJESSICA LAMERS BLOMQUIST
EXECUTIVE DIRECTOR FROM AUGUST 2022
- Total calculated
- $40,987
- From this org
- $0
- From related orgs
- $40,987
- Other
- $0
- Hours/week
- 1
-
Kristen HodgesKRISTEN HODGES
EXECUTIVE DIRECTOR UNTIL APRIL 2022
- Total calculated
- $25,651
- From this org
- $0
- From related orgs
- $25,651
- Other
- $0
- Hours/week
- 40
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
ILLINOIS RESTAURANT ASSOCIATION
501(C)(6) · TRADE ASSOCIATION · IL
-
ILLINOIS RESTAURANTEURS PAC
527 · PAC · IL
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343129349303274
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