North Carolina Restaurant Association Inc

Organization Overview

North Carolina Restaurant Association Inc is located in Raleigh, NC. The organization was established in 1954. 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, North Carolina Restaurant Association Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Restaurant Association Inc 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, North Carolina Restaurant Association Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 7.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NCRLA SERVES MEMBERS BY ADVANCING AND PROTECTING NORTH CAROLINA'S HOSPITALITY INDUSTRY IN FOUR KEY AREAS: JOBS AND CAREERS, PROFITABILITY & ENTREPRENEURSHIP, HEALTH & SAFETY, AND SUSTAINABILITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NCRLA SERVES TO INCREASE THE STRENGTH AND IMPACT OF ADVOCACY, INSURING MEMBERS' INTERESTS ARE REPRESENTED AND CLEARLY AND PERSISTENTLY HEARD AT ALL LEVELS OF GOVERNMENT. THE ASSOCIATION HELPS TO SHOWCASE THE INDUSTRY'S CONTRIBUTIONS TO THE ECONOMY OF OUR STATE AND THE CAREER PATHS AVAILABLE WITHIN THE INDUSTRY. FINALLY, THE ORGANIZATION SERVES AS A CATALYST FOR UNIFYING, ENGAGING, AND EMPOWERING THE NC HOSPITALITY INDUSTRY THROUGH EDUCATION, NETWORKING, AND PARTNERSHIPS.


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Board, Officers & Key Employees

Name (title)Compensation
Lynn Minges
President An
$351,145
Isabel Villa-Garcia
Dir Of Govt
$130,691
Jim Beley
T&t Board Li
$0
Frank Gray
General Coun
$0
Burney Jennings
Treasurer
$0
Amber Moshakos
Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$577,609
Fundraising events$0
Related organizations$0
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$577,609
Total Program Service Revenue$556,971
Investment income $1,576
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $82,351
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,032,739

Grants Recieved

Over the last fiscal year, we have identified 1 grants that North Carolina Restaurant Association Inc has recieved totaling $60,000.

Awarding OrganizationAmount
National Restaurant Association

Washington, DC

PURPOSE: Advocacy

$60,000
View Grant Recipient Profile

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