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Greek American Restaurant Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363693719 ✦ Des plaines, IL ✦ Designated as a 501(c)(6)

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Overview

What is Greek American Restaurant Association?

The Greek American Restaurant Association is a nonprofit organization that assists active Greek American restaurant owners by aiding in their procurement of necessary items for their establishments. This association also extends its support to various institutions through its initiatives. The specific activities and mission of the organization are detailed in Part III (a) of their documentation.

Is Greek American Restaurant Association legitimate?

Greek American Restaurant Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Greek American Restaurant Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,000

For more financial information, click here

What is the mission statement of Greek American Restaurant Association?

The Greek American Restaurant Association serves to aid active Greek American restaurant owners in acquiring necessary items for their establishments. Beyond this, the organization also extends support to various institutions through their programs. In essence, the Greek American Restaurant Association aims to empower and assist Greek American restaurants while contributing to the wider community.

By providing purchasing assistance, the association helps these restaurants to operate efficiently and effectively. Additionally, the organization's programs are designed to support various institutions, furthering its commitment to the broader community. The Greek American Restaurant Association's activities are geared towards fostering the growth and success of Greek American restaurants while also giving back to the community.

Who is the CEO of Greek American Restaurant Association?

Sam Markos is the President of Greek American Restaurant Association.

What is the revenue of Greek American Restaurant Association?

Greek American Restaurant Association's revenue in 2022 was $137,955.

Who are the executives of Greek American Restaurant Association and what are their salaries?

There 15 volunteers at Greek American Restaurant Association.


Here are 4 key members and their salaries:


Sam Markos (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Theofanous (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Revel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Romas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Greek American Restaurant Association?

Greek American Restaurant Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Greek American Restaurant Association

The Greek American Restaurant Association, in its mission, assists active Greek American restaurant owners by providing them with resources for procuring necessary items for their establishments. Furthermore, this organization extends its support to various institutions through its programmatic efforts. By doing so, the Greek American Restaurant Association contributes to the overall well-being of the Greek American restaurant community and the institutions it serves.

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Impact




October, 2024

The Greek American Restaurant Association significantly impacts the Greek American culinary community by providing essential support and resources for restaurant owners. Through its programs, the association facilitates purchasing assistance, enabling owners to source necessary items for their establishments efficiently. This support not only enhances the operational capabilities of these restaurants but also contributes to the preservation and promotion of Greek cuisine within the broader culinary landscape.

Additionally, the association's commitment to philanthropy extends beyond individual business support; it actively aids various institutions through its initiatives, fostering a spirit of community engagement and cultural appreciation. By linking restaurant owners with vital resources and community support, the association plays a crucial role in ensuring the sustainability and growth of Greek American restaurants, ultimately enriching the cultural fabric of the regions they serve.




This information is meant to be a general summary of Greek American Restaurant Association. 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.

Revenue
$137,955 (2022)
Expenses
$85,309 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$166,210
  • Gross Receipts: $1,931,774

Assets and Liabilities:

  • Total Assets: $2,912,893
  • Total Liabilities: $2,062
  • Net Assets: $2,910,831

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Organization Details

Founding Year

1986

Principal Officer

Sam Markos

Main Address

733 LEE ST, DES PLAINES, IL, 60016

NTEE Category

Code: T70 - Philanthropy

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