Overview
What is Western Association Of Food Chains Inc?
Western Association of Food Chains Inc is a nonprofit organization, dedicated to fostering the growth and development of the food industry. Their primary objective is to support educational institutions in enhancing management programs related to the food sector. By providing resources and opportunities, they aim to attract, retain, and advance high-potential individuals within the food industry. Their mission is to offer these associates exposure to educational programs and leadership chances, thereby contributing to the industry's overall progress.
Official website here: www.wafc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Western Association of Food Chains Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating significant areas for improvement, particularly in governance and oversight. While the organization scored well in financial statements and program expenses, it has notable deficiencies in board independence and essential policies, such as conflict of interest and whistleblower protections.
A lack of independent board members is a critical concern, as it raises questions about the organization's accountability and decision-making processes. Although the nonprofit demonstrates a strong program expense ratio, suggesting effective allocation of resources towards its mission, the absence of key governance frameworks could hinder its transparency and public trust.
Overall, while the Western Association of Food Chains Inc shows strengths in financial health and program focus, addressing its governance limitations is crucial for enhancing its credibility and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Western Association Of Food Chains Inc legitimate?
Western Association Of Food Chains Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Association Of Food Chains 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: $578,853
Professional Fundraising Fees: $0
Other Salaries and Wages: $365,792
For more financial information, click here
Official website here: www.wafc.com
What is the mission statement of Western Association Of Food Chains Inc?
The Western Association of Food Chains Inc. has a mission to aid in the development and enhancement of food industry management programs at educational institutions. This organization aims to support the industry in attracting, retaining, and promoting the growth of high-potential associates by providing them with access to educational programs and leadership opportunities. By doing so, the association aims to contribute to the advancement of the food industry as a whole.
Official website here: www.wafc.com
Who is the CEO of Western Association Of Food Chains Inc?
Paul Gianetto is the President of Western Association Of Food Chains Inc.
Official website here: www.wafc.com
What is the revenue of Western Association Of Food Chains Inc?
Western Association Of Food Chains Inc's revenue in 2022 was $6,282,840.
Official website here: www.wafc.com
Who are the executives of Western Association Of Food Chains Inc and what are their salaries?
The average compensation at Western Association Of Food Chains Inc during 2022 was $236,161. There are 4 employees at Western Association Of Food Chains Inc.
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Official website here: www.wafc.com
Where can I find the form 990 for Western Association Of Food Chains Inc?
Western Association Of Food Chains Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wafc.com
Learn more at the official website: www.wafc.com
Mission Statement of Western Association Of Food Chains Inc
Western Association of Food Chains Inc, as a mission-driven organization, aims to support educational institutions in enhancing and fostering the growth of food industry management programs. The primary objective of this association is to assist the industry in attracting, retaining, and advancing high-potential food industry associates. They achieve this goal by providing these individuals with exposure to various educational programs and leadership opportunities. By doing so, Western Association of Food Chains Inc contributes to the development and advancement of the food industry, ensuring it remains vibrant and innovative.
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Impact
July, 2024
The Western Association of Food Chains Inc is dedicated to supporting educational institutions for the enhancement and growth of food industry management programs. By providing educational programs and leadership opportunities, this organization plays a vital role in helping the food industry attract, retain, and advance high-potential associates. Through its efforts, the Western Association of Food Chains Inc contributes to the development of a skilled workforce within the food industry, ultimately benefiting both the industry as a whole and individual professionals seeking to advance their careers.
This information is meant to be a general summary of Western Association Of Food Chains 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 2022.
- Investment Income: $627,600
- Program Service Revenue: $3,936,240
- Gross Receipts: $15,545,115
Assets and Liabilities:
- Total Assets: $13,653,261
- Total Liabilities: $1,143,638
- Net Assets: $12,509,623
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTION INCOME
Revenue
$3,936,240
Organization Details
Founding Year
1921
Phone
(562) 497-1012Principal Officer
Paul Gianetto
Main Address
22800 SAVI RANCH PARKWAY 202, YORBA LINDA, CA, 92887
Website
www.wafc.comNTEE Category
Code: K99P - Food
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