2023-11-08T14:52:40-06:00 2022-12-31 420714325 RSM US LLP 30 South Wacker Dr Suite 3300 Chicago IL 606063392 990 2022-01-01 364120950 Multicultural Foodservice and Hospitality Alliance MULT 4014616342 PO Box 25786 Providence RI 02905 Eric Ellis CFO 4014616342 2023-11-07 1 Eric Ellis 999009999 0 Rebekuh Eley P01247672 3126343400 2023-11-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Michelle L Korsmo PO Box 25786 Providence RI 02905 1100647 0 X www.mfha.net X 1996 RI To educate and advocate for and connect its members with opportunities to build their cultural intelligence in the foodservice and hospitality industry. 5 3 0 3 0 0 942520 929034 197431 148737 0 0 44282 22876 1184233 1100647 0 0 0 0 488804 758119 0 0 118868 819529 2218422 1308333 2976541 -124100 -1875894 2892667 1099914 993365 1076506 1899302 23408 X To provide our members with the cultural competencies, insights and skills necessary to deliver better business results in a culturally diverse marketplace. The Organization strives to bring the economic benefits of diversity and inclusion to the food and hospitality industry by building bridges and delivering solutions. 0 1 910711 0 148737 Educate, advocate and connect with membership by providing professional development and cultural intelligence training for our members and the industry, promote career and business opportunities that exist with member companies for minority and multicultural communities and connect industry professionals with each other by providing career enhancement opportunities, informal mentoring and networking. 229448 0 0 The Pathways to Black Franchise Ownership program finances and prepares aspiring Black entrepreneurs to operate high-performing restaurants, while helping companies grow their brands and build wealth in the Black community by embracing a social equity ownership model. The Pathways initiative will identify, finance and prepare aspiring Black entrepreneurs to operate high-performing restaurants.This program was terminated in 2022. 1140159 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 15 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 5 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X Jill Noble 3126515778 233 S Wacker Dr Suite 3600 Chicago IL 60606 Marvin Irby Pres. & CEO until 05/01, CAO 1.00 39.00 X X 0 1361384 700584 Michelle Korsmo President & CEO beginning 05/01 1.00 39.00 X X 0 918617 534219 Kent Walrack Chair 5.00 7.00 X X 0 0 0 James Fripp Vice Chair 5.00 7.00 X X 0 0 0 Shaun Beard Treasurer 5.00 5.00 X X 0 0 0 Eric Ellis CFO 1.00 39.00 X 0 375368 263231 Gerald Fernandez President 40.00 0.00 X 0 217558 50929 Andre Howell Vice President 40.00 0.00 X 0 139568 53391 Dawn Sweeney Former President & CEO 0.00 0.00 X 0 976367 0 0 3988862 1602354 0 1 1 0 Marie Davis 5192 Boston Ct Denver CO 80238 Program Consulting Services 121323 1 504593 152000 272441 929034 Cultural Intelligence 611430 148737 148737 148737 22876 22876 1100647 148737 0 22876 X 217558 163168 54390 380841 285631 95210 105864 79398 26466 53856 40392 13464 400976 276598 5510 118868 54606 54606 16565 5051 11514 67661 61292 6369 19581 13727 5854 1738 1738 Bad Debt 1496999 1496999 Shared Service Fee 152000 152000 Dues & Subscriptions 8096 8096 200 200 2976541 1140159 1717514 118868 1002103 501873 1882141 595537 4947 766 39468 37730 3476 1738 2892667 1099914 45783 85938 60203 45760 887379 944808 993365 1076506 X -401007 -214592 2300309 238000 1899302 23408 2892667 1099914 -1875894 0 X 0 1 X 1 0 X 618647 572230 3003397 942520 929034 6065828 618647 572230 3003397 942520 929034 6065828 3289062 2776766 11552 21630 44282 22876 100340 6166168 1128230 0.45030 0.47960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39468 37730 1738 1738 Due to National Restaurant Association Education Foundation 944808 944808 X Part X, Line 2: Accounting standards address the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. The Organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Organization and certain of its affiliates and various positions related to the potential sources of unrelated business taxable income (UBTI). For the reporting periods presented in these consolidated financial statements, there is no impact as a result of this standard as the Organization has no significant uncertain tax positions. The Organization files certain information and income tax returns in the U.S. federal jurisdiction and various other states. The Organization is exempt from federal and state income taxes; however, income from certain activities not directly related to their exempt purposes is subject to taxation as unrelated business income, net of related expenses. Excise taxes are also incurred on certain levels of compensation. Net operating loss carryforwards, if any, may be utilized to offset related future taxable income; deferred tax assets are fully reserved by a valuation reserve, if realized is not certain. 0 0 0 0 0 0 0 0 0 Marvin Irby Pres. & CEO until 05/01, CAO 0 839631 0 474875 0 46878 0 677951 0 22633 0 2061968 0 478875 Michelle Korsmo President & CEO beginning 05/01 0 873009 0 0 0 45608 0 505922 0 28297 0 1452836 0 0 Dawn Sweeney Former President & CEO 0 0 0 976367 0 0 0 0 0 0 0 976367 0 976367 Eric Ellis CFO 0 315185 0 38809 0 21374 0 216897 0 46334 0 638599 0 38809 Gerald Fernandez President 0 181471 0 15337 0 20750 0 27817 0 23112 0 268487 0 15337 Andre Howell Vice President 0 122935 0 8086 0 8547 0 18566 0 34825 0 192959 0 8086 Part I, Line 3 The Compensation Committee of National Restaurant Association, a related organization, reviews and approves the compensation of the Chief Executive Officer, and direct reports. An outside consultant is used to provide comparable data for similarly qualified person in functionally situated organizations for consideration. Contemporaneous documentation of these decisions regarding the compensation are prepared and maintained. Form 990, Part III, line 3 During 2022, the Pathways to Black Franchise Ownership program was terminated by both the sponsor and the Alliance. Form 990, Part VI, Section B, line 11b Form 990 is reviewed by the governing body's leadership which includes the following positions Officers of the Alliance, including the Chairman, Vice Chairman, and Treasurer. The 2022 Form 990 was distributed and reviewed by this leadership group prior to filing. Form 990, Part VI, Section B, line 12c Officers and Directors are required to disclose conflicts of interest annually to the Chair of the Board of Directors. For each interest disclosed to the Chair, the Chair will determine whether to (a) take no action; (b) assure full disclosure to the Board of Directors and other individuals covered by this policy; (c) ask the person to recuse from participation in related Alliance discussion or decisions; (d) ask the person to resign from the Alliance position, or, if the person refuses to resign; become subject to possible removal in accordance with the removal procedures in the Alliance bylaws. The President monitors proposed or ongoing transactions for conflict of interest and disclose them to the Chair in order to deal with potential or actual conflicts, whether discovered before or after the transaction has occurred. Form 990, Part VI, Section B, line 15 The Compensation Committee of National Restaurant Association, a related organization, reviews and approves the compensation of the Chief Executive Officer, and direct reports. An outside consultant is used to provide comparable data for similarly qualified person in functionally situated organizations for consideration. Contemporaneous documentation of these decisions regarding the compensation are prepared and maintained. Form 990, Part VI, Section C, line 19 The Alliance makes its governing documents, conflict of interest policy and financial statements available to the public on an appointment basis at its office for the same period of disclosure set forth in IRC Section 6104(d). Form 990, Part IX, line 11g Pathway Towards Black Ownership Program Consulting: Program service expenses 226,101. Management and general expenses 0. Fundraising expenses 0. Total expenses 226,101. Cultural Intelligence Program Consulting: Program service expenses 50,497. Management and general expenses 0. Fundraising expenses 0. Total expenses 50,497. Business Development Consultant: Program service expenses 0. Management and general expenses 0. Fundraising expenses 118,868. Total expenses 118,868. Professional Consulting Services: Program service expenses 0. Management and general expenses 5,510. Fundraising expenses 0. Total expenses 5,510. National Restaurant Association 2055 L Street NW Suite 700 Washington DC 20036 361525480 To lead America's restaurant industry IL 501(C)(6) N/A 0 National Restaurant Association Educational Foundation 2055 L Street NW Suite 700 Washington DC 20036 366103388 See Part VII IL 501(C)(3) Line 12a, I NRA 1 Restaurant Law Center 2055 L Street NW Suite 700 Washington DC 20036 814099133 Promote laws and regulations for restaurant industry DC 501(C)(6) NRA 1 NRA Political Action Committee 2055 L Street NW Suite 700 Washington DC 20036 521220888 Lobbying for NRA IL 527 N/A 0 NRA Services LLC 233 S Wacker Drive Suite 3600 Chicago IL 60606 273152775 Marketing services IL NRA C 1 NRAS India Private Limited Asha House 28 Suren Road Mumbai IN 400093 Marketing services IN NRA C 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 National Restaurant Association C 152000 FMV National Restaurant Association P 64908 Cash National Restaurant Association Educational Foundation P 742131 Cash Part II - Primary Activity NRAEF Enhancing the industry's service through career development and community engagement efforts.