2025-11-17T12:52:45-06:00 2024-12-31 430765316 RUBINBROWN LLP 1900 16TH STREET SUITE 1700 DENVER CO 80202 990 2024-01-01 742488379 COLORADO RESTAURANT FOUNDATION COLO 3038302972 430 EAST SEVENTH AVE DENVER CO 80203 SONIA RIGGS EXECUTIVE DIRECTOR 3038302972 2025-11-16 1 1 QING SU P01986343 3036981883 2024 2025-03-06 01:10:19Z SONIA RIGGS 430 EAST SEVENTH AVE DENVER CO 80203 3063783 0 X WWW.CORESTAURANT.ORG/FOUNDATION X 1987 CO THE COLORADO RESTAURANT FOUNDATION IS DEDICATED TO ENHANCING THE INDUSTRY'S TRAINING AND EDUCATION, CAREER DEVELOPMENT AND THE OVERALL WELL-BEING OF THE INDUSTRY AND ITS WORKFORCE. 29 29 0 50 0 0 733876 1390442 51086 37304 22266 155385 65958 97461 873186 1680592 313089 417656 0 0 700520 762265 18000 1950 194127 553774 495186 1585383 1677057 -712197 3535 1310788 1116518 451594 292389 859194 824129 X THE COLORADO RESTAURANT FOUNDATION IS DEDICATED TO PROVIDING ACCESS TO EDUCATION, SKILLS AND FINANCIAL MEANS TO PURSUE A SUCCESSFUL CAREER IN THE FOOD SERVICE AND HOSPITALITY INDUSTRIES. 0 0 995742 371971 6521 PROSTART AND APPRENTICESHIP PROGRAMS: PROSTART IS A HIGH SCHOOL EDUCATION PROGRAM THAT OFFERS RESTAURANT/HOSPITALITY MANAGEMENT, CULINARY ARTS, AND BUSINESS ECONOMICS CURRICULUM AND PROVIDES HIGH SCHOOL AND COLLEGE ACADEMIC CREDIT, SCHOLARSHIPS, AND PAID WORK EXPERIENCE OPPORTUNITIES. APPRENTICESHIP PROGRAMS ARE COMPETENCY-BASED APPRENTICESHIPS DESIGNED FOR PEOPLE OF ALL AGES COMMITTED TO CAREERS IN THE RESTAURANT INDUSTRY. APPRENTICES LEARN ON-THE-JOB TRAINING IN SPECIFIC CULINARY OR MANAGEMENT COMPETENCIES COUPLED WITH CLASSROOM AND/OR SELF-PACED INSTRUCTION. 2895 2685 ASSISTANCE: THE ASSISTANCE PROGRAM PROVIDES FINANCIAL ASSISTANCE TO INDUSTRY EMPLOYEES FOR UNEXPECTED ILLNESS, INJURY, NATRUAL DISASTER, AND MENTAL HEALTH CARE. 70637 31050 SPECIAL EVENTS:SPECIAL EVENTS ARE HELD TO RECOGNIZE THE ACCOMPLISHMENTS OF PROGRAM PARTICIPANTS. PRIMARY EVENTS HELD EACH YEAR ARE THE SCHOLARSHIP AWARDS AND PROSTART STUDENT INVITATIONAL. THE SCHOLARSHIP AWARD EVENT IS HELD TO RECOGNIZE SCHOLARSHIP RECIPIENTS IN THE PROSTART PROGRAMS WHO ARE PURSUING SECONDARY EDUCATION IN THE FIELD. THE COLORADO PROSTART STUDENT INVITATIONAL AND NATIONAL PROSTART STUDENT INVITATIONAL) ARE COMPETITIONS WHERE PROSTART STUDENTS COMPETE WITH THEIR PEERS IN OTHER COLORADO HIGH SCHOOLS AND WITH STATE WINNING TEAMS FROM OTHER STATES, RESPECTIVELY. 44942 43000 SCHOLARSHIPS:THE SCHOLARSHIP PROGRAM PROVIDES SCHOLARSHIPS TO COLORADO PROSTART GRADUATES AND POST-SECONDARY UNDERGRADUATES THAT ARE PURSUING A COLLEGE EDUCATION IN THE FOODSERVICE AND HOSPITALITY INDUSTRIES. 44942 43000 1114216 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 1 X 33 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 29 29 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MIKE REED 3038302972 430 EAST SEVENTH AVENUE DENVER CO 80203 AILEEN REILLY CHAIRMAN (AS OF 10/24) 2.00 3.00 X X 0 0 0 MARC STERON CHAIRMAN (THRU 10/24) 2.00 3.00 X X 0 0 0 MELISSA BROOKS VICE-CHAIR ELECT/VP-FUNDRAISING (THRU 10/24)/VICE 2.00 2.00 X X 0 0 0 EMILY BIEDERMAN CONTROLLER (THRU 10/24)/VP FUNDRAISING 2.00 X X 0 0 0 AMY RAPISARDA VP-EDUCATION (AS OF 10/24) 1.00 X X 0 0 0 MALLORY CULLEN VP AT LARGE (THRU 10/24)/VP-HEALTH & WELLNESS 2.00 X X 0 0 0 APRIL LAMBATOS VP-AT LARGE (AS OF 10/24) 1.00 X X 0 0 0 LUIS RAMIREZ TREASURER (THRU 10/24)/CONTROLLER 2.00 X X 0 0 0 ASHLEY HOFFMAN VP-HEALTH & WELLNESS (THRU 10/24)/SECRETARY 2.00 X X 0 0 0 JOSH NIERNBERG VP- EDUCATION (THRU 10/24)/TREASURER 2.00 X X 0 0 0 RICHARD SCHNEIDER SECRETARY (THRU 10/24)/DIRECTOR 2.00 1.00 X X 0 0 0 CHRIS WEIL VICE-CHAIRMAN (THRU 10/24)/DIRECTOR 2.00 2.00 X X 0 0 0 JUSTIN ADRIAN DIRECTOR 1.00 X 0 0 0 PAUL ANDERS DIRECTOR 1.00 X 0 0 0 KIRK BACHMANN DIRECTOR 1.00 X 0 0 0 TRUETT BAILEY DIRECTOR 1.00 X 0 0 0 KEVIN BURKE DIRECTOR 1.00 X 0 0 0 MATTHEW COATES DIRECTOR 1.00 X 0 0 0 TAJAHI COOKE DIRECTOR 1.00 X 0 0 0 SHELLY COX DIRECTOR 1.00 X 0 0 0 AUDRA DUNLEAVY DIRECTOR (THRU 10/24) 1.00 X 0 0 0 RON HALL DIRECTOR (THRU 10/24) 1.00 X 0 0 0 WAYNE HILSTON DIRECTOR 1.00 X 0 0 0 NIKKI KOLAKOWSKI DIRECTOR (THRU 10/24) 1.00 X 0 0 0 THUAN LA DIRECTOR (THRU 10/24) 1.00 X 0 0 0 JESSY LASHIER DIRECTOR 1.00 X 0 0 0 ANNELISE MCAULIFFE SOARES DIRECTOR 1.00 X 0 0 0 MAWA MCQUEEN DIRECTOR 1.00 X 0 0 0 ANIEDRA NICHOLS DIRECTOR 1.00 X 0 0 0 ELIZABETH NICHOLSON DIRECTOR (THRU 10/24) 1.00 X 0 0 0 DR ERIC OLSON DIRECTOR 1.00 X 0 0 0 THEO OTTE DIRECTOR 1.00 X 0 0 0 LUNDI RAMOS DIRECTOR 1.00 X 0 0 0 CHRISTINA RUNYAN DIRECTOR 1.00 X 0 0 0 ABBY SANDS DIRECTOR (THRU 10/24) 1.00 X 0 0 0 JULIE STONE DIRECTOR 1.00 X 0 0 0 GREG WARNER DIRECTOR (THRU 10/24) 1.00 X 0 0 0 SONIA RIGGS EXECUTIVE DIRECTOR 1.00 39.00 X 19420 314057 43050 LAURA SHUNK PRESIDENT 39.00 1.00 X 127520 2860 32708 DEVANY MCNEILL VP-STRATEGIC PARTNERSHIP 1.00 39.00 X 37675 136454 19104 STACEY GRIEST PROGRAMS DIRECTOR 39.00 1.00 X 103645 0 20227 MICHAEL REED CONTROLLER 1.00 39.00 X 21276 121319 10578 DENISE MICKELSEN DIRECTOR OF COMMUNICATION 1.00 39.00 X 35851 65487 30633 345387 640177 156300 2 0 1 0 0 77232 20000 864132 429078 1390442 EVENT 611710 31050 31050 EDUCATION 611710 6254 6254 37304 26101 26101 1153730 1024446 129284 129284 129284 455939 77232 358745 97194 97194 MISCELLANEOUS REVENUE 541900 267 267 267 1680592 37571 0 252579 374656 374656 43000 43000 231230 30552 164249 36429 431882 259738 70114 102030 53385 37515 15870 45768 20940 14970 9858 252 252 42700 42700 1950 1950 7849 7849 13486 477 7809 5200 47626 22699 15031 9896 46561 22190 14694 9677 3905 1861 1232 812 5615 2686 1766 1163 5974 2847 1885 1242 PROSTART PROGRAM EXPENS 295055 295055 BOARD/GOVERANCE EXPENSE 26163 26163 1677057 1114216 368714 194127 171461 149288 0 115070 81607 7397 93 1811 1057627 842952 1310788 1116518 70578 9055 0 21500 0 18500 381016 243334 451594 292389 X 402536 649432 456658 174697 859194 824129 1310788 1116518 3535 -38600 0 X X 0 1 X 1 0 X 5661957 2277849 1476223 733876 1390442 11540347 49432 44371 256300 62067 37571 449741 5711389 2322220 1732523 795943 1428013 11990088 2468845 318374 275724 148211 168730 3379884 0 2468845 318374 275724 148211 168730 3379884 8610204 14115 25650 32547 24263 26101 122676 14115 25650 32547 24263 26101 122676 22193 54977 97194 174364 5725504 2370063 1765070 875183 1551308 12287128 0.70070 0.69750 0.01000 0.00930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1057627 5000 108936 300000 871563 902015 155612 1057627 1057369 -155354 902015 945486 111883 1057369 858252 87234 945486 1.00000 0 0 0 RELATED PARTY PAYABLE 243334 243334 1992888 -38600 358745 320145 1672743 7849 7849 1680592 2027953 358745 358745 1669208 7849 7849 1677057 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT IS COMPRISED OF FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO BE HELD IN PERPETUITY. THEREFORE, ALL ENDOWMENT FUNDS ARE CONSIDERED AS WITHOUT DONOR RESTRICTIONS. THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO GRANTS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE FOUNDATION HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR UP TO 4% OF THE PORTFOLIO VALUE IN GRANTS. IN ESTABLISHING THIS POLICY, THE FOUNDATION CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 358,745. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 358,745. DENVER FOOD & WINE 419575 56236 363339 3000 55 118400 13302 152584 DRINK RED WEAR RED 113596 20996 92600 21485 49919 533171 77232 455939 3000 55 139885 13302 202503 358745 97194 1 1431 BETH & JEN LLC 1431 LARIMER ST DENVER CO 80202 830390155 10000 0 APPRENTICESHIP SUPPORT ACE EAT SERVE 501 E 17TH AVE DENVER CO 80203 453280335 6000 0 APPRENTICESHIP SUPPORT BODEGA 2651 W 38TH AVE DENVER CO 80211 871012056 10100 0 APPRENTICESHIP SUPPORT CARVER BREWING COMPANY 1022 MAIN AVE DURANGO CO 81301 841069004 10100 0 APPRENTICESHIP SUPPORT CHOOK COOP LLC 4340 E 8TH AVE DENVER CO 80220 852811825 10000 0 APPRENTICESHIP SUPPORT COUNTRY CLUB AT CASTLE PINES 6400 COUNTRY CLUB DR CASTLE ROCK CO 80108 840966000 6100 0 APPRENTICESHIP SUPPORT CRA MILE HIGH CHAPTER 8547 E ARAPAHOE RD J318 GREENWOOD VILLAGE CO 80112 841336341 501(C)(3) 41635 0 DISASTER ASSISTANCE PROGRAM CONTRIBUTION CREATIVE DINING SERVICES ONE ROYAL PARK DR STE 3 ZEELAND MI 49464 382915451 44352 0 APPRENTICESHIP SUPPORT EARLY BIRD RESTAURANT 10210 JULIAN ST WESTMINSTER CO 80031 454987862 10100 0 APPRENTICESHIP SUPPORT GOURMET FOR GOOD 3255 W HAMPDEN AVE SHERIDAN CO 80110 842354162 10100 0 APPRENTICESHIP SUPPORT GREAT DIVIDE BREWERY & ROADHOUSE- CASTLE ROCK 215 WILCOX ST CASTLE ROCK CO 80104 833842027 6000 0 APPRENTICESHIP SUPPORT GREAT DIVIDE BREWERY & ROADHOUSE-LONE TREE 1085 S GAYLORD ST DENVER CO 80209 872589167 10000 0 APPRENTICESHIP SUPPORT GRIDDLE ME THIS 2626 E 12TH AVE DENVER CO 80206 824671810 10100 0 APPRENTICESHIP SUPPORT HAPPY CONES LLC 7610 KLINE DR ARVADA CO 80005 472463114 6100 0 APPRENTICESHIP SUPPORT KIKU CORPORATION 2390 S COLORADO BLVD DENVER CO 80222 841001556 6100 0 APPRENTICESHIP SUPPORT MANNA- THE DURANGO SOUP KITCHEN PO BOX 1196 DURANGO CO 81302 841004473 501(C)(3) 20800 0 APPRENTICESHIP SUPPORT MUNCHIES BURGERS LLC 1571 POWIS LN FRUITA CO 81521 933509324 6100 0 APPRENTICESHIP SUPPORT MUNCHIES PIZZA & DELI LLC 1571 POWIS LN FRUITA CO 81521 900358751 6100 0 APPRENTICESHIP SUPPORT OSAGE CAFE LLC 1015 OSAGE ST DENVER CO 80204 461083070 60247 0 APPRENTICESHIP SUPPORT OURAY BREWERY PO BOX 811 OURAY CO 81427 271186246 6100 0 APPRENTICESHIP SUPPORT PARMA TRATTORIA MOZZARELLA BAR 1132-1 WEST DILLON RD LOUISVILLE CO 80027 453254383 6000 0 APPRENTICESHIP SUPPORT PHO KING RAPIDOS 1499 BLAKE ST STE 5A DENVER CO 80202 851210744 10100 0 APPRENTICESHIP SUPPORT SANBORN WESTERN CAMPS 2000 OLD STAGE RD PO BOX 1067 FLORISSANT CO 80816 840619264 10100 0 APPRENTICESHIP SUPPORT SHOWSTOPPERS PIZZA & BAKERY 1278 M 1/4 RD LOMA CO 81524 925870253 10100 0 APPRENTICESHIP SUPPORT STEAMBOAT SPRINGS BREWERY PO BOX 771921 STEAMBOAT SPRINGS CO 80477 454127491 10100 0 APPRENTICESHIP SUPPORT TANGERINE RESTAURANT 379 MAIN ST LONGMONT CO 80304 831203554 6100 0 APPRENTICESHIP SUPPORT URBAN FIELDS PIZZA AND MARKET 150 MAIN ST STE 202 LONGMONT CO 80501 851967896 13237 0 APPRENTICESHIP SUPPORT ZEAL BOULDER LLC PO BOX 2369 BOULDER CO 80306 843026011 10100 0 APPRENTICESHIP SUPPORT 2 26 EDUCATIONAL SCHOLARSHIP TO INDIVIDUALS 12 43000 TUITION/EDUCATION SUPPORT PART I, LINE 2: SCHOOLS THAT RECEIVED GRANT FUNDING ARE REQUIRED TO REPORT BACK TO THE ORGANIZATION ON HOW THESE FUNDS WERE SPENT. OTHER MONITORING MAY ALSO INCLUDE SITE VISITS OF ORGANIZATION'S STAFF TO THE SCHOOLS. BUSINESSES RECEIVING FUNDING SUPPLIED RECEIPTS AND OTHER MATERIALS TO SUBSTANTIATE THAT THE GRANT FUNDS WERE USED FOR THE APPROPRIATE PURPOSES. 1 X X 0 0 0 0 0 1 0 1 0 SONIA RIGGS EXECUTIVE DIRECTOR 19420 218375 0 75000 0 20682 0 0 2583 40467 22003 354524 0 0 DEVANY MCNEILL VP-STRATEGIC PARTNERSHIP 37675 103866 0 29600 0 2988 0 0 4204 14900 41879 151354 0 0 LAURA SHUNK PRESIDENT 110924 2860 16500 0 96 0 0 0 0 32708 127520 35568 0 0 MICHAEL REED CONTROLLER 21276 104391 0 16500 0 428 0 0 0 10578 21276 131897 0 0 PART I, LINE 3 RELATED ORGANIZATIONS USE COMPENSATION SURVEYS AND APPROVAL BY COMMITTEE AND BOARD OF DIRECTORS. PART I, LINE 6 PRESIDENT HAS A PREDETERMINED BONUS AGREEMENT. BONUS IS A PERCENTAGE OF PRESIDENT & CEO'S BASE SALARY AND IS PAID BASED ON PREDETERMINED COMPONENTS WHICH VARY FROM MEETING FINANCIAL GOALS FOR PARTICULAR PROGRAMS, TO OTHER NON-FINANCIAL GOALS. THE BONUS IS NOT A SET AMOUNT NOR BASED UPON ACTUAL OVERALL NET EARNINGS OF THE ORGANIZATION. PART I, LINE 7 THE BONUS PLAN FOR THE PRESIDENT OF THE ORGANIZATION IS PERCENTAGE OF SALARY METHOD BASED UPON MEETING NET EARNINGS OF PROGRAMS AND ORGANIZATION AS A WHOLE. 1431 BETH & JEN LLC BETH GRUITCH IS PAST VICE-CHAIR OF THE ORGANIZATION 10000 CASH APPRENTICESHIP PROGRAM GRANT ACE EAT AND SERVE EMILY BIEDERMAN IS A PART OWNER OF THE ORGANIZATION 6000 CASH APPRENTICESHIP PROGRAM GRANT FORM 990, PART V, LINE 2A, VII AND IX: THE EMPLOYEES OF COLORADO RESTAURANT FOUNDATION ("CRF") ARE COMPENSATED AS PART OF AN AGREEMENT WITH COLORADO RESTAURANT ASSOCIATION ("CRA"). CRA PAYS EMPLOYEE SALARIES AND BENEFITS ON BEHALF OF CRF AND CRF REIMBURSES CRA FOR A PORTION OF THE EXPENSES. AS A RESULT, CRF ISSUES NO FORMS W-2, YET REIMBURSES FOR A PORTION OF THE SALARY EXPENSE, WHICH IS SEPARATELY DISCLOSED ON PART IX, LINE 7. FORM 990, PART VI, SECTION A, LINE 2 LUIS RAMIREZ, TREASURER 10/2023-10/2024 AND CONTROLLER 10/2024-10/2025, IS A VOTING MEMBER ON THE COLORADO RESTAURANT FOUNDATION BOARD OF DIRECTORS. LUIS RAMIREZ IS DANIEL RAMIREZ'S BROTHER AND BUSINESS PARTNER. DANIEL RAMIREZ SERVES AS THE IMMEDIATE PAST CHAIR 10/2023-10/2024 ON THE COLORADO RESTAURANT ASSOCIATION BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE COLORADO RESTAURANT FOUNDATION BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS IS GIVEN THE CONFLICT OF INTEREST POLICY ANNUALLY AT ORIENTATION. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S SALARY IS APPROVED BY THE COLORADO RESTAURANT ASSOCIATION'S BOARD OF DIRECTORS AS PART OF THE ADMINISTRATIVE SERVICES PROVIDED TO THE FOUNDATION BY THE COLORADO RESTAURANT ASSOCIATION. THE FOUNDATION BOARD OF DIRECTORS THEN APPROVES THE ADMINISTRATIVE SERVICES BUDGET. 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. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. COLORADO RESTAURANT ASSOCIATION 430 EAST SEVENTH AVENUE DENVER CO 80203 840503735 SERVICE TO THE RESTAURANT INDUSTRY. CO 501(C)(6) N/A 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 COLORADO RESTAURANT ASSOCIATION P 790026 CASH COLORADO RESTAURANT ASSOCIATION N 94702 FAIR MARKET VALUE COLORADO RESTAURANT ASSOCIATION C 20000 CASH