2025-08-11T11:39:41-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 2021 SPRING ROAD SUITE 200 OAK BROOK IL 60523 990 2024-01-01 363271510 ILLINOIS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC ILLI 3127874000 33 W MONROE STREET 250 CHICAGO IL 60603 SAM TOIA BOARD MEMBER 3127874000 2025-08-07 1 0 THURE ROSS CPA P00577278 6305738600 2025-08-01 2024 2025-03-06 01:10:19Z DOUG BRADLEY 33 W MONROE STREET 250 CHICAGO IL 60603 620488 0 X WWW.ILLINOISRESTAURANT.ORG X 1993 IL TO BUILD THE FUTURE HOSPITALITY INDUSTRY THROUGH CAREER EXPLORATION, WORK FORCE DEVELOPMENT AND SCHOLARSHIPS. 22 21 0 25 0 0 244031 286137 86279 67165 28922 41890 128426 122237 487658 517429 115450 122100 0 0 204024 211223 0 0 4856 102453 111402 421927 444725 65731 72704 1439237 1554025 36185 26297 1403052 1527728 TO BUILD THE FUTURE HOSPITALITY INDUSTRY THROUGH CAREER EXPLORATION, WORK FORCE DEVELOPMENT AND SCHOLARSHIPS. 0 0 115000 115000 TO PROVIDE SCHOLARSHIP ASSISTANCE AND TRAINING EXPERIENCES FOR WORTHY INDIVIDUALS WHO EVIDENCE AN INTEREST AND AMBITION TO STUDY OR TRAIN FOR A VOCATION IN FOOD HANDLING OR FOOD PROCESSING HOSPITALITY MANAGEMENT BUSINESS, AND TO INVESTIGATE AND DEVELOP IMPROVED FOOD PROGRAMS, SYSTEMS AND PROCEDURES FOR EMPLOYMENT OPPORTUNITIES IN THE FOOD SERVICE, FOOD HANDLING, FOOD PROCESSING AND HOSPITALITY MANAGEMENT BUSINESS. 7100 7100 TO SOLICIT AND RECEIVE GIFTS, GRANTS AND CONTRIBUTIONS AND ESTABLISH, FUND AND MAINTAIN FINANCIAL ASSISTANCE PROGRAMS FOR THE BENEFIT OF NEEDY EMPLOYEES OF ILLINOIS RESTAURANTS WHICH HAVE BEEN OR WILL BE ADVERSELY AFFECTED BY A DISASTER OR SUFFER MEDICAL OR OTHER PERSONAL HARDSHIP. 235370 67165 235370 67165 357470 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 X 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 22 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X JEAN SCHMID 3127874000 33 W MONROE SUITE 250 CHICAGO IL 60603 ROCHELLE TROTTER CHAIRMAN 1.00 X X 0 0 0 ADAM BARRONS 1ST VICE CHAIRMAN 1.00 X X 0 0 0 SAM TOIA 2ND VICE CHAIRMAN 1.00 63.00 X X 0 468450 20836 JULI O'FLAHERTY CORPORATE SECRETARY 1.00 X X 0 0 0 WAYNE HILSTON TREASURER 1.00 X X 0 0 0 BRYCE BURTON EXECUTIVE COMMITTEE 1.00 X 0 0 0 BRAD VANCIL EXECUTIVE COMMITTEE 1.00 X 0 0 0 DEVEN RAND EXECUTIVE COMMITTEE 1.00 X 0 0 0 DALEESIA UNDERWOOD TRUSTEE 1.00 X 0 0 0 DARWIN CLAUDE TRUSTEE 1.00 X 0 0 0 VIVIANA RADENBAUGH TRUSTEE 1.00 X 0 0 0 RAYVA MILES TRUSTEE 1.00 X 0 0 0 ANTHONY TERLATO JR TRUSTEE 1.00 X 0 0 0 TYLER BRUESEWITZ TRUSTEE 1.00 X 0 0 0 MIKE COKER TRUSTEE 1.00 X 0 0 0 JOEL REYNOLDS TRUSTEE 1.00 X 0 0 0 PATTI GREEN TRUSTEE 1.00 X 0 0 0 LEIGH UHLIR TRUSTEE 1.00 X 0 0 0 RICHARD SCHNEIDER TRUSTEE 1.00 X 0 0 0 DOUG BRADLEY TRUSTEE 1.00 X 0 0 0 BRYON WILLIAMS TRUSTEE 1.00 X 0 0 0 KATHRYN THANAS TRUSTEE 1.00 X 0 0 0 DAN RASKIN TRUSTEE 1.00 X 0 0 0 RENEE SYKES TRUSTEE 1.00 X 0 0 0 JESSICA LAMERS BLOMQUIST EXECUTIVE DIRECTOR 40.00 X 0 123072 3843 0 591522 24679 0 0 1 0 0 286137 37375 286137 SCHOOL CONTRACTS 611710 60516 60516 BOOKS AND CURRICULUM 611710 6649 6649 67165 41890 41890 225296 103059 122237 122237 517429 67165 0 164127 122100 122100 126915 95186 29191 2538 75102 56899 16128 2075 370 278 85 7 8836 6627 2032 177 492 492 14183 14183 3787 3787 1469 1469 10711 10652 59 20403 15358 5045 39025 38221 804 PROSTART FACILITIES EXP 21332 21332 444725 357470 82399 4856 530218 537698 22929 34339 8678 1544 8348 8348 317 0 877095 980444 1439237 1554025 7850 12020 10500 0 17835 14277 36185 26297 X 943165 1015135 459887 512593 1403052 1527728 1439237 1554025 72704 51972 0 X X 0 1 X 1 0 X 756944 488532 249269 244031 286137 2024913 756944 488532 249269 244031 286137 2024913 569089 1455824 17926 20314 18960 28922 41890 128012 2152925 0.67620 0.72570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8348 8348 0 0 DUE TO IRA 14277 14277 X 565614 51972 51972 513642 3787 3787 517429 440938 0 440938 3787 3787 444725 PART X, LINE 2: THE FOUNDATION IS A TAX-EXEMPT ORGANIZATION AS DEFINED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS SIMILARLY CLASSIFIED BY THE STATE OF ILLINOIS. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). THE FOUNDATION EVALUATES ITS EXPOSURE FOR UNCERTAIN TAX POSITIONS ON AN ANNUAL BASIS. AS OF DECEMBER 31, 2024 AND 2023, THERE WERE NO LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. CHEF'S TABLE FUNDRAISER 225296 225296 38807 2225 62027 225296 225296 38807 2225 62027 103059 122237 1 RESTAURANT EMPLOYEE RELIEF FUND 8 7100 SCHOLARSHIPS TO CULINARY STUDENTS 47 115000 PART I, LINE 2: POST-SECONDARY SCHOOLS ARE REQUIRED TO PROVIDE REGISTRATION VERIFICATION FOR EACH STUDENT BEFORE FUNDS CAN BE ISSUED TO THE SCHOOLS. THE IRAEF(ILLINOIS RESTAURANT ASSOCIATION EDUCATION FOUNDATION) DISTRIBUTES ONE CHECK PER SCHOOL, FOR MULTIPLE STUDENTS, TO EACH INSTITUTION'S FINANCIAL AIDE OFFICE WITH A LETTER THAT DESCRIBES THE CONDITIONS FOR DISBURSAL OF SCHOLARSHIP FUNDS WITHIN 30 DAYS OF RECEIVING THE NRAEF (NATIONAL RESTAURANT ASSOCIATION EDUCATION FOUNDATION) MATCH. ANY FUNDS NOT UTILIZED, PER LACK OF ACADEMIC PROGRESS MUST BE RETURNED TO THE IRAEF. PER A PARTICIPATION AGREEMENT WITH THE NRAEF, MATCHING FUNDS FROM THE NRAEF ARE RECEIVED IN SEPTEMBER. ANY FUNDS NOT DISTRIBUTED FROM THE NRAEF MATCH MUST BE REFUNDED TO THE NRAEF. IRAEF PROVIDES PROOF OF DISBURSEMENT TO THE NRAEF (COPIES OF LETTER/CHECK). THE IRAEF MAINTAINS RECORD FOR PROOF OF DISBURSEMENTS FOR ALL SCHOLARSHIPS ISSUED (THIS IS MATCHED TO OUR SCHOLARSHIP RECIPIENT GRID). 0 0 0 0 0 0 0 0 0 SAM TOIA 2ND VICE CHAIRMAN 0 312994 0 155456 0 0 0 10350 0 10486 0 489286 0 0 X 1 13275 FAIR VALUE X PRODUCT STIPEND 1 13200 FAIR VALUE X VENUE DISCOUNT 1 10900 FAIR VALUE 0 0 0 FORM 990, PART V, LINE 2A - COMPENSATION: EMPLOYEES OF THE ILLINOIS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION (IRAEF) ARE PAID THROUGH THE ILLINOIS RESTAURANT ASSOCIATION (IRA), AND IRAEF REIMBURSES IRA FOR THE COMPENSATION PAID TO THOSE INDIVIDUALS CONSEQUENTLY, IRAEF DOES NOT FILE A W-3 OR ANY W-2S. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT OF THE FOUNDATION WORKS WITH OUR EXTERNAL AUDITOR TO PREPARE FORM 990. A DRAFT FORM 990 IS REVIEWED IN DETAIL BY THE TREASURER. A FINAL DRAFT VERSION IS MADE AVAILABLE TO EACH BOARD MEMBER FOR THEIR REVIEW. ANY AND ALL CHANGES NOTED DURING THESE REVIEWS ARE SENT TO THE EXTERNAL AUDITOR TO INCORPORATE IN THE FINAL VERSION OF FORM 990 TO BE FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION DISTRIBUTED THE CONFLICT OF INTEREST POLICY TO ALL BOARD MEMBERS AND STAFF, AND ASKED EACH INDIVIDUAL TO SIGN THE POLICY. THE POLICY REQUIRES ALL BOARD MEMBERS AND STAFF TO DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST TO THE ORGANIZATION IN WRITING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE INTERESTED PARTY CAN INSPECT THESE DOCUMENTS AT THE ORGANIZATION'S OFFICE. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ILLINOIS RESTAURANT ASSOCIATION 33 W MONROE STREET SUITE 250 CHICAGO IL 60603 360904760 TRADE ASSOCIATION IL 501(C)(6) N/A 0 ILLINOIS RESTAURANTEURS PAC 33 W MONROE STREET SUITE 250 CHICAGO IL 60603 800698692 PAC IL 527 N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 ILLINOIS RESTAURANT ASSOCIATION O 63963 ALLOCATION OF EXPENSE