Overview
What is Illinois Restaurant Association Educational Foundation Inc?
The Illinois Restaurant Association Educational Foundation Inc is a nonprofit organization based in Chicago, Illinois. With a focus on the hospitality industry, its mission is to foster career exploration, workforce development, and scholarships. By providing scholarship assistance and training experiences, the foundation aims to empower individuals interested in vocations related to food handling, food processing, hospitality management, and business. Additionally, the foundation investigates and develops improved food programs, systems, and procedures to enhance employment opportunities in these sectors.
Official website here: www.illinoisrestaurant.org
Is Illinois Restaurant Association Educational Foundation Inc legitimate?
Illinois Restaurant Association Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois Restaurant Association Educational Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $118,045
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,964
For more financial information, click here
Official website here: www.illinoisrestaurant.org
What is the mission statement of Illinois Restaurant Association Educational Foundation Inc?
The Illinois Restaurant Association Educational Foundation Inc's mission is centered around building the future of the hospitality industry. They accomplish this through various means, including career exploration, workforce development, and scholarships. The foundation provides financial aid and training opportunities for individuals interested in pursuing a vocation in food handling, food processing, or hospitality management business. Furthermore, they investigate and develop improved food programs, systems, and procedures to enhance employment opportunities in the food service, food handling, food processing, and hospitality management industries.
Official website here: www.illinoisrestaurant.org
What is the revenue of Illinois Restaurant Association Educational Foundation Inc?
Illinois Restaurant Association Educational Foundation Inc's revenue in 2023 was $487,658.
Official website here: www.illinoisrestaurant.org
Who are the executives of Illinois Restaurant Association Educational Foundation Inc and what are their salaries?
There 25 volunteers at Illinois Restaurant Association Educational Foundation Inc.
Here are 22 key members and their salaries:
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- Related: $115,972
- Other: $2,075
Official website here: www.illinoisrestaurant.org
Where can I find the form 990 for Illinois Restaurant Association Educational Foundation Inc?
Illinois Restaurant Association Educational Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.illinoisrestaurant.org
Learn more at the official website: www.illinoisrestaurant.org
Mission Statement of Illinois Restaurant Association Educational Foundation Inc
Illinois Restaurant Association Educational Foundation Inc is committed to shaping the future of the hospitality industry. They achieve this goal by focusing on career exploration, workforce development, and offering scholarships. Their mission is to provide scholarship assistance and practical training experiences for individuals who demonstrate an interest and ambition in pursuing a career in food handling, food processing, hospitality management, or business related to these fields. Additionally, the Foundation investigates and develops improved food programs, systems, and procedures to enhance employment opportunities within the food service, food handling, food processing, and hospitality management sectors.
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Impact
October, 2024
Illinois Restaurant Association Educational Foundation Inc plays a crucial role in shaping the future of the hospitality industry. By focusing on career exploration, workforce development, and scholarships, the organization empowers individuals to pursue careers in food handling, processing, and hospitality management.
Through its scholarship assistance and training experiences, it fosters the ambitions of deserving candidates, equipping them with the skills and knowledge necessary to excel in their chosen fields. This investment in education not only enhances individual career prospects but also strengthens the workforce within the hospitality sector.
Additionally, the foundation is dedicated to investigating and developing improved food programs, systems, and procedures, thus creating more employment opportunities and enhancing the overall industry standards. By nurturing talent and advocating for workforce improvement, Illinois Restaurant Association Educational Foundation Inc leaves a lasting impact on the future of the hospitality industry in Illinois and beyond.
This information is meant to be a general summary of Illinois Restaurant Association Educational Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $28,922
- Program Service Revenue: $86,279
- Gross Receipts: $586,407
Assets and Liabilities:
- Total Assets: $1,303,289
- Total Liabilities: $25,101
- Net Assets: $1,278,188
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL CONTRACTS
Revenue
$82,639
BOOKS AND CURRICULUM
Revenue
$3,640
Organization Details
Founding Year
1993
Principal Officer
Doug Bradley
Website
www.illinoisrestaurant.orgNTEE Category
Code: A82Z - Arts
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