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Hospitality Industry Training & Education Fund

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

EIN: 454884254 ✦ Beverly hills, CA ✦ Designated as a 501(c)(3)

Overview

What is Hospitality Industry Training & Education Fund?

The Hospitality Industry Training & Education Fund is a nonprofit organization situated in Beverly Hills, California. Located at 8383 Wilshire Boulevard, Suite 220, this organization is dedicated to providing training and education to eligible workers within the hotel and restaurant industries. Their mission encompasses equipping individuals currently employed in the sector or aspiring to join it, through various programs outlined in the trust. With a workforce of approximately 40 employees, the Hospitality Industry Training & Education Fund plays a vital role in upskilling the hospitality workforce, contributing to the overall growth and development of this industry.


Is Hospitality Industry Training & Education Fund legitimate?

Hospitality Industry Training & Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hospitality Industry Training & Education Fund 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: $421,374
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,425,932

For more financial information, click here


What is the mission statement of Hospitality Industry Training & Education Fund?
Who is the CEO of Hospitality Industry Training & Education Fund?
What is the revenue of Hospitality Industry Training & Education Fund?
Who are the executives of Hospitality Industry Training & Education Fund and what are their salaries?

The average compensation at Hospitality Industry Training & Education Fund during 2022 was $46,183. There are 40 employees at Hospitality Industry Training & Education Fund.

Here are 18 key members and their salaries:


Where can I find the form 990 for Hospitality Industry Training & Education Fund?

Mission Statement of Hospitality Industry Training & Education Fund

The Hospitality Industry Training & Education Fund is dedicated to educating and training individuals who are currently employed or aim to work in the hospitality industry. This nonprofit organization provides a range of programs under its trust, with a primary focus on equipping eligible workers in the hotel and restaurant sectors. By offering comprehensive training and education, the Fund aims to enhance the skills and knowledge of its beneficiaries, thereby contributing to the growth and success of the hospitality industry as a whole.

Impact

This information is meant to be a general summary of Hospitality Industry Training & Education Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

The Hospitality Industry Training & Education Fund has significantly impacted the workforce in the hotel and restaurant industries by providing training and education to eligible workers. By equipping individuals with the necessary skills and knowledge to excel in hospitality roles, the fund not only improves the quality of service in establishments but also enhances the career prospects and earning potential of those in the industry. Through its programs, the fund contributes to a more skilled and competent workforce, ultimately benefiting both employees and employers in the hospitality sector.





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: $47,748
  • Program Service Revenue: $1,071,468
  • Gross Receipts: $4,635,663

    • Assets and Liabilities:
  • Total Assets: $4,875,109
  • Total Liabilities: $515,816
  • Net Assets: $4,359,293
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYERS' CONTRIBUTIONS

    Revenue

    $1,071,468

    Organization Details

    Founding Year

    2012

    Principal Officer

    Adine Forman

    Main Address

    8383 WILSHIRE BLVD STE 220, BEVERLY HILLS, CA, 90211

    NTEE Category

    Code: J22 - Employment

    If you are a representative of Hospitality Industry Training & Education Fund 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.