National Restaurant Association
- Assets
- $192.7m
- Revenue
- $96.1m
- Investments
- $0.0
- Employees
- 366
- Location
- Washington, DC
- Founding
- 03/1943
- Data as of
- 12/2021
- EIN
- 36-1525480
Organization Overview
National Restaurant Association is located in Washington, DC. The organization was established in 1943. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, National Restaurant Association employed 366 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National 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, National Restaurant Association generated $96.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $98.0m during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, National Restaurant Association has awarded 257 individual grants totaling $9,698,300. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE NATIONAL RESTAURANT ASSOCIATION CREATES VALUE FOR THE FOODSERVICE INDUSTRY AND ITS MEMBERSHIP IN THE AVENUES OF RESEARCH, ADVOCACY AND EDUCATION. WE CONDUCT RESEARCH ON CURRENT TRENDS, ADVOCATE POLICY INITIATIVES, AND PROVIDE EDUCATIONAL AND NETWORKING OPPORTUNITIES FOR THE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD SAFETY TRAINING AND OTHER EDUCATIONAL PROGRAMS INCLUDING SERVSAFE, WHICH IS THE INDUSTRY STANDARD FOR TRAINING EMPLOYEES IN SAFE FOOD HANDLING. DURING 2021, NRA TESTED 666,965 FOODSERVICE MANAGERS IN SERVSAFE PROGRAMS AND ISSUED A TOTAL OF 479,609 CERTIFICATIONS.
GOVERNMENT RELATIONS AND COMMUNICATIONS: THE NRA MONITORS BOTH FEDERAL AND STATE GOVERNMENT AND LEGISLATION FOR CHANGES IN THEIR POLICIES AS THEY RELATE TO THE RESTAURANT INDUSTRY. DEPENDING ON THE SPECIFIC ISSUE, THE NRA, ALONG WITH THE STATE RESTAURANT ASSOCIATIONS, DEVELOPS AN APPROPRIATE POSITION AND RESPONSE TO THE SPECIFIC ISSUE AND WORKS WITH GOVERNMENT AGENCIES/ORGANIZATIONS TO ACHIEVE THE BEST POSSIBLE OUTCOME FOR THE INDUSTRY. THE NRA MAINTAINS AND DISTRIBUTES PUBLICATIONS ON VARIOUS MATTERS THAT AFFECT THE INDUSTRY.
SUPPORT OF TRADESHOWS: BECAUSE OF THE COVID-19 PANDEMIC, THE 2021 TRADESHOWS SUPPORTED BY THE NATIONAL RESTAURANT ASSOCIATION WERE CANCELED DUE TO THE UNAVAILABILITY OF FACILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas L Bene Past President & CEO | Officer | 31 | $2,063,086 |
Terry J Erdle Past Chief Operating Officer | Officer | 40 | $1,143,588 |
Dawn M Sweeney Former President & CEO | 0 | $1,112,966 | |
Marvin F Irby CFO Until 10/21, President & CEO | Officer | 30 | $1,086,651 |
Sean Kennedy Evp, Policy & Government A | Officer | 40 | $904,325 |
Sherman L Brown Evp, Training & Certificat | Officer | 40 | $638,388 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Professional Testing Inc Psychometric Services | 12/30/21 | $268,584 |
Mehlman Castagnetti Rosen & Thomas Inc Professional Consulting Services | 12/30/21 | $244,750 |
Urban Swirski & Associates Professional Consulting Services | 12/30/21 | $216,165 |
Food Directions 2 Llc Professional Consulting Services | 12/30/21 | $240,000 |
Envisionit Chicago Llc Advertising Services | 12/30/21 | $290,171 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $695,435 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,677,997 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,373,432 |
| Total Program Service Revenue | $4,387,649 |
| Investment income | $11,912,622 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $6,766,561 |
| Net Rental Income | $212,599 |
| Net Gain/Loss on Asset Sales | $2,388,777 |
| Net Income from Fundraising Events | -$64,506 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $67,169,821 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $96,146,955 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,706,719 |
| 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. | $7,975,571 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $1,112,966 |
| Other salaries and wages | $17,044,289 |
| Pension plan accruals and contributions | $1,576,176 |
| Other employee benefits | $8,815,641 |
| Payroll taxes | $2,708,218 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,221,988 |
| Fees for services: Accounting | $116,651 |
| Fees for services: Lobbying | $1,816,986 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $140,362 |
| Fees for services: Other | $4,528,758 |
| Advertising and promotion | $889,671 |
| Office expenses | $5,036,356 |
| Information technology | $3,378,117 |
| Royalties | $5,249,421 |
| Occupancy | $3,857,530 |
| Travel | $631,141 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $821,445 |
| Interest | $340,078 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,120,775 |
| Insurance | $276,134 |
| All other expenses | $0 |
| Total functional expenses | $98,006,479 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,894,569 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,024,112 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,014,528 |
| Prepaid expenses and deferred charges | $1,585,379 |
| Net Land, buildings, and equipment | $43,106,451 |
| Investments—publicly traded securities | $30,907,430 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,047,599 |
| Other assets | $96,087,744 |
| Total assets | $192,667,812 |
| Accounts payable and accrued expenses | $30,244,050 |
| Grants payable | $0 |
| Deferred revenue | $11,361,898 |
| 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 | $16,251,413 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $85,276 |
| Total liabilities | $57,942,637 |
| Net assets without donor restrictions | $130,783,857 |
| Net assets with donor restrictions | $3,941,318 |
| 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 | $192,667,812 |
Grants Awarded
Over the last fiscal year, National Restaurant Association has awarded $1,696,336 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: Advocacy | $255,000 |
Washington, DC PURPOSE: Sponsorship | $176,100 |
Providence, RI PURPOSE: Sponsorship | $148,000 |
Raleigh, NC PURPOSE: Advocacy | $60,000 |
New York, NY PURPOSE: Sponsorship | $54,636 |
Farmington, CT PURPOSE: Advocacy | $51,600 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that National Restaurant Association has recieved totaling $45,958.
| Awarding Organization | Amount |
|---|---|
Ifma Educational Foundation Chicago, IL PURPOSE: PROGRAM SUPPORT | $25,535 |
Bjs Restaurants Foundation Inc Huntington Beach, CA PURPOSE: sponsorship | $10,000 |
Charleys Kids Foundation Columbus, OH PURPOSE: GENERAL DONATION | $9,923 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $300 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $150 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50 |
Endowment Analysis
| Beg. Balance | $15,157,263 |
| Earnings | $2,090,550 |
| Admin Expense | $77,979 |
| Net Contributions | $560,850 |
| Grants | $180,000 |
| Ending Balance | $17,550,684 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Finra Regulation Inc Rockville, MD | $51,636,831 | $1,138,654,783 |
Securities Investor Protection Corporation Washington, DC | $4,382,745,297 | $520,971,678 |
Stand Together Chamber Of Commerce Inc Arlington, VA | $220,861,452 | $325,758,897 |
American Petroleum Institute Washington, DC | $119,123,451 | $228,789,035 |
Chamber Of Commerce Of The United States Of America Washington, DC | $132,117,403 | $203,890,689 |
Society For Human Resource Management Alexandria, VA | $273,747,773 | $173,516,006 |
American Bankers Association Washington, DC | $263,742,289 | $140,712,476 |
National Restaurant Association Washington, DC | $192,667,812 | $96,146,955 |
American Association Of State Highway & Transportation Officials Washington, DC | $177,160,624 | $97,013,353 |
American Beverage Association Washington, DC | $114,967,236 | $101,585,081 |
Credit Union National Association Inc Washington, DC | $67,388,582 | $69,543,852 |
Edison Electric Institute Washington, DC | $198,917,565 | $81,084,181 |