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Ifma Educational Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237220674 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Ifma Educational Foundation?

The Ifma Educational Foundation, located in Chicago, Illinois, is a nonprofit organization with a focus on supporting and fostering careers in the foodservice industry. Their primary goal is to provide scholarships and fund curriculum and training programs for individuals interested in this field. By doing so, they aim to invest in the next generation of foodservice professionals, contributing to the growth and development of this industry. The foundation's activities extend beyond financial aid, also involving curriculum and training programs to ensure a skilled workforce for the future.


Official website here: www.ifmaworld.com

Is Ifma Educational Foundation legitimate?

Ifma Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ifma Educational Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ifmaworld.com

What is the mission statement of Ifma Educational Foundation?

The Ifma Educational Foundation's primary purpose is to fund scholarships and support curriculum and training programs for individuals interested in pursuing a career in the foodservice industry. They aim to provide educational opportunities and practical experience to these individuals through scholarship and internship programs, primarily for college and university students. The foundation's mission is to contribute to the growth and development of the foodservice industry by nurturing future professionals.


Official website here: www.ifmaworld.com

Who is the CEO of Ifma Educational Foundation?

Jennifer Tarulis is the Chief Executive Officer of Ifma Educational Foundation. The CEO's salary of Ifma Educational Foundation is $0 and their total compensation is $519,400.


Official website here: www.ifmaworld.com

What is the revenue of Ifma Educational Foundation?

Ifma Educational Foundation's revenue in 2022 was $481,885.


Official website here: www.ifmaworld.com

Who are the executives of Ifma Educational Foundation and what are their salaries?

Here are 7 key members and their salaries (Ifma Educational Foundation's CEO's salary is $0 and their total compensation is $519,400):

    Philip Kafarakis (Chief Executive Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $475,000
  • Other: $44,400

    • Jennifer Tarulis (Chief Financial Officer)
  • Compensation: $0
  • Related: $312,877
  • Other: $97,323

    • Alec Frisch (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hugh Roth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Wayne (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teri Trullinger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zach Ramos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ifmaworld.com

    Where can I find the form 990 for Ifma Educational Foundation?

    The Ifma Educational Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ifmaworld.com

    Learn more at the official website: www.ifmaworld.com

    Mission Statement of Ifma Educational Foundation

    The Ifma Educational Foundation is dedicated to its primary mission, which involves funding scholarships and supporting curriculum and training programs for individuals who are interested in pursuing a career in the foodservice industry. This nonprofit organization's main objective is to empower and assist prospective professionals in this field by providing them with financial aid and educational resources. By doing so, the Ifma Educational Foundation aims to foster growth and development within the foodservice industry, ultimately contributing to its overall success and progress. In addition to scholarships, the foundation also offers internship programs for college and university students, providing them with hands-on experience and practical skills in the foodservice sector.

    Impact

    This information is meant to be a general summary of Ifma Educational Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    The Ifma Educational Foundation's impact includes providing scholarships and supporting curriculum and training programs for individuals interested in pursuing a career in the foodservice industry. Through its scholarship and internship programs for college and university students, the foundation contributes to the development of future professionals in the food industry. This support helps to ensure that individuals have access to education and training opportunities that can lead to successful careers in the field.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $481,885

    • Assets and Liabilities:
  • Total Assets: $1,869,167
  • Total Liabilities: $136,763
  • Net Assets: $1,732,404
  • Organization Details

    Founding Year

    1972

    Principal Officer

    Jennifer Tarulis

    Main Address

    180 N STETSON AVENUE STE 850, CHICAGO, IL, 60601

    NTEE Category

    Code: K40P - Food

    If you are a representative of Ifma Educational Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.