Research Chefs Association
- Assets
- $110.9k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 05/1997
- Data as of
- 06/2021
- EIN
- 43-1763929
Organization Overview
Research Chefs Association is located in Chicago, IL. The organization was established in 1997. According to its NTEE Classification (S05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Research Chefs 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 06/2021, Research Chefs Association generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $925.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 6 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
CULTIVATE COLLABORATIONS BETWEEN CHEFS AND FOOD SCIENCE PROFESSIONALS WHO DEVELOP FOOD, TO INCREASE INNOVATION, QUALITY, AND SPEED TO MARKET
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCE - HOST AN ANNUAL CONFERENCE INCLUDING EDUCATIONAL SESSIONS, DEMOS AND WORKSHOPS, LED BY THE FOREMOST LEADERS IN CULINARY ARTS AND FOOD SCIENCE, AS WELL AS A CULINOLOGY EXPO AND VARIOUS NETWORKING EVENTS.
CONTINUING EDUCATION - PROVIDE PROFESSIONAL DEVELOPMENT THROUGH CONTINUING EDUCATION THROUGH AN EXTENSIVE PROGRAM OF CONTINUING EDUCATION WORKSHOPS CATERING TO THE CULINARY PROFESSIONAL AND FOOD TECHNOLOGISTS. THESE PROGRAMS ARE OFFERED YEAR-ROUND AT SEVERAL PARTNERING INSTITUTIONS IN THE UNITED STATES AND CANADA.
CERTIFICATION - THE ASSOCIATION OFFERS THE NUMBER ONE PROGRAM FOR CERTIFYING THE KNOWLEDGE, SKILLS AND EXPERIENCE OF CULINOLOGY PROFESSIONALS. CERTIFIED RESEARCH CHEFS (CRC) AND CERTIFIED CULINARY SCIENTISTS (CCS) PROVIDE THE FOOD INDUSTRY WITH TODAY'S MOST VALUABLE, SOUGHT AFTER PRODUCT DEVELOPERS THAT EXCEL IN THE PRACTICE OF CULINOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Kanthak Immediate Past President | OfficerTrustee | 1 | $0 |
Jessica Goldstein Secretary | OfficerTrustee | 1 | $0 |
Jaime Mestan President | OfficerTrustee | 1 | $0 |
Nick Landry Vice President | OfficerTrustee | 1 | $0 |
Gerrie Bouchard Treasurer | OfficerTrustee | 1 | $0 |
Dale L Potter II Executive Director-Smithbu | Officer | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Savor Savannah Catering Annual Conference Catering | 6/29/19 | $116,464 |
Smithbucklin Corporation Management Services | 6/29/19 | $878,165 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $82,454 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,454 |
| Total Program Service Revenue | $1,075,767 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,171,129 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $778,900 |
| Fees for services: Legal | $885 |
| Fees for services: Accounting | $10,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $500 |
| Advertising and promotion | $0 |
| Office expenses | $17,202 |
| Information technology | $23,700 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $43,188 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $509 |
| Insurance | $6,226 |
| All other expenses | $20,879 |
| Total functional expenses | $925,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,169 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,000 |
| 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 | $29,708 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $110,877 |
| Accounts payable and accrued expenses | $59,958 |
| Grants payable | $0 |
| Deferred revenue | $251,679 |
| 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 | $0 |
| Total liabilities | $311,637 |
| Net assets without donor restrictions | -$200,760 |
| 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 | $110,877 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metals Service Center Institute Rolling Meadows, IL | $26,582,300 | $7,361,325 |
City Tech Collaborative Highland Park, IL | $367,085 | $1,231,737 |
Uwm Research Foundation Inc Milwaukee, WI | $4,481,641 | $1,769,513 |
Financial Services Stakeholder Project Chicago, IL | $1,578,131 | $1,949,382 |
Research Chefs Association Chicago, IL | $110,877 | $1,171,129 |
Bi-State Development Research Institute St Louis, MO | $0 | $23,375 |
Defense Industry Initiative On Business Ethics & Conduct Chicago, IL | $1,067,245 | $351,815 |
Chicago Blend Group Chicago, IL | $33,894 | $126,227 |
Black Researchers Collective Chicago, IL | $184,644 | $286,245 |
Quad City Manufacturing Laboratory Rock Island, IL | $132,811 | $106,988 |
Whiteman Area Leadership Council Warrensburg, MO | $52,868 | $0 |
Legatus Milwaukee, WI | $60,631 | $0 |