Illinois Restaurant Association
- Assets
- $4.1m
- Revenue
- $3.5m
- Investments
- $94.3k
- Employees
- 23
- Location
- Chicago, IL
- Founding
- 01/1943
- Data as of
- 12/2021
- EIN
- 36-0904760
Organization Overview
Illinois Restaurant Association is located in Chicago, IL. The organization was established in 1943. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 12/2021, Illinois Restaurant Association employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Restaurant Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Illinois Restaurant Association generated $3.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOUNDED IN 1914, THE ILLINOIS RESTAURANT ASSOCIATION IS A NON-PROFIT ORGANIZATION DEDICATED TO PROMOTING, PROTECTING, EDUCATING AND IMPROVING THE RESTAURANT INDUSTRY IN ILLINOIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION CO-SPONSORS A NATIONAL TRADE SHOW FOR THE RESTAURANT AND FOOD SERVICE INDUSTRY. THE TRADE SHOW PROVIDES RESTAURANT OPERATORS WITH THE OPPORTUNITY TO MEET WITH SUPPLIERS AND OTHERS TO LEARN OF INDUSTRY TRENDS, EQUIPMENT AND IDEAS.
RESTAURANT SEMINARS AND MEMBER MEETINGS ARE PROVIDED TO EDUCATE AND TRAIN RESTAURANTEURS, PRIMARILY IN THE AREAS OF SANITATION AND ALCOHOL AWARENESS THROUGHOUT ILLINOIS.
GOVERNMENT AFFAIRS:THE ASSOCIATION COMMUNICATES WITH LEGISLATORS ON A STATE AND LOCAL LEVEL WITH RESPECT TO LEGISLATION OR PROPOSED LEGISLATION OF DIRECT INTEREST TO ITS MEMBERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Toia President & CEO | Officer | 60 | $346,869 |
Mary Kay Bonoma Executive Vice President | 40 | $262,285 | |
Jean Schmid Director Of Finance & Admi | Officer | 40 | $121,733 |
Mary Wilkie Director Of Education | Officer | 60 | $113,835 |
Kevin Vaughan First Vice Chairman | OfficerTrustee | 1 | $0 |
Tj Callahan Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $59,350 |
| Related organizations | $0 |
| Government grants | $976,342 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,000 |
| Noncash contributions included in lines 1a–1f | $59,350 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,037,692 |
| Total Program Service Revenue | $2,223,408 |
| Investment income | $81,975 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $69,117 |
| Net Income from Fundraising Events | $68,618 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,480,810 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $762,372 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $917,070 |
| Pension plan accruals and contributions | $8,141 |
| Other employee benefits | $55,595 |
| Payroll taxes | $94,087 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $56,645 |
| Fees for services: Accounting | $22,079 |
| Fees for services: Lobbying | $163,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,694 |
| Fees for services: Other | $78,336 |
| Advertising and promotion | $20,349 |
| Office expenses | $102,799 |
| Information technology | $3,869 |
| Royalties | $0 |
| Occupancy | $313,571 |
| Travel | $4,717 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,289 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,544 |
| Insurance | $18,144 |
| All other expenses | $0 |
| Total functional expenses | $2,871,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $242,081 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $874,020 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $29,177 |
| Net Land, buildings, and equipment | $71,688 |
| Investments—publicly traded securities | $2,817,512 |
| Investments—other securities | $94,324 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,128,802 |
| Accounts payable and accrued expenses | $445,318 |
| Grants payable | $0 |
| Deferred revenue | $230,706 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $80,438 |
| Total liabilities | $756,462 |
| Net assets without donor restrictions | $3,372,340 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,128,802 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Illinois Restaurant Association has recieved totaling $45,816.
| Awarding Organization | Amount |
|---|---|
National Restaurant Association Washington, DC PURPOSE: Advocacy | $24,000 |
The National Restaurant Association Educational Foundation Washington, DC PURPOSE: HOPES Program | $11,816 |
Turano Foundation Berwyn, IL PURPOSE: CHARITY | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Knox Co Ed Assn Frankfort, KY | $16,393,137 | $11,160,843 |
National Police Association Inc Indianapolis, IN | $924,792 | $9,569,984 |
Missouri State Teachers Association Columbia, MO | $7,515,464 | $6,786,815 |
Missouri School Boards Association Columbia, MO | $5,403,568 | $6,748,060 |
Illinois Association Of School Administrators Springfield, IL | $11,254,126 | $4,395,708 |
Sfusa Willowbrook, IL | $1,091,110 | $3,636,809 |
Illinois Restaurant Association Chicago, IL | $4,128,802 | $3,480,810 |
Advance Illinois Nfp Chicago, IL | $4,175,192 | $3,046,236 |
Cities In Schools Aurora 2000 Inc Aurora, IL | $829,378 | $2,800,979 |
Cast Iron Soil Pipe Institute Mundelein, IL | $1,209,116 | $2,490,854 |
Indiana Schools Of Excellence Inc South Bend, IN | $1,530,237 | $1,840,124 |
Partnership For College Completion Chicago, IL | $3,079,798 | $3,336,622 |