nonprofit logo

Colorado Restaurant Foundation

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

EIN: 742488379 ✦ Denver, CO ✦ Designated as a 501(c)(3)

Overview

What is Colorado Restaurant Foundation?

The Colorado Restaurant Foundation is a dedicated nonprofit organization located in Denver, Colorado. Their primary focus is to improve the foodservice industry by enhancing training, education, and career development. They also prioritize the overall well-being of the industry's workforce. In response to the COVID-19 pandemic, the organization experienced an unprecedented influx of monetary contributions, enabling them to expand their Assistance Program. This program now provides disaster relief grants not only to individuals but also to businesses within the industry, helping them recover from the economic impact of the pandemic. In 2021, several assistance programs received funds, and the granting process continued into 2022.


Official website here: www.corestaurant.org/foundation

Is Colorado Restaurant Foundation legitimate?

Colorado Restaurant Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Restaurant 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: $169,057
Professional Fundraising Fees: $30,000
Other Salaries and Wages: $277,507

For more financial information, click here


Official website here: www.corestaurant.org/foundation

What is the mission statement of Colorado Restaurant Foundation?

The Colorado Restaurant Foundation is committed to improving the food service and hospitality industry by focusing on training, education, career development, and the overall well-being of its workforce. Their mission is to make education, skills, and financial resources accessible for individuals aiming to build a successful career within this industry. In response to the coronavirus pandemic, the organization saw an extraordinary influx of monetary contributions from businesses and individuals. These contributions significantly expanded the foundation's Assistance Program, enabling it to provide financial aid not only to individuals but also to businesses that were struggling to recover from the devastating economic effects of the pandemic. Throughout 2021 and into 2022, the foundation distributed funds through various assistance programs, offering a lifeline to those in need within the food service industry. The Colorado Restaurant Foundation continues to play a vital role in supporting the industry's recovery and growth.


Official website here: www.corestaurant.org/foundation

Who is the CEO of Colorado Restaurant Foundation?

Sonia Riggs is the Chairman (Thru 10/22) of Colorado Restaurant Foundation.


Official website here: www.corestaurant.org/foundation

What is the revenue of Colorado Restaurant Foundation?

Colorado Restaurant Foundation's revenue in 2022 was $1,672,451.


Official website here: www.corestaurant.org/foundation

Who are the executives of Colorado Restaurant Foundation and what are their salaries?

Here are 36 key members and their salaries:

    Sonia Riggs (Executive Director)
  • Compensation: $23,202
  • Related: $266,830
  • Other: $43,131

    • Laura Shunk (President)
  • Compensation: $117,156
  • Related: $3,988
  • Other: $25,248

    • Beth Gruitch (Chairman (Thru 10/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Ramirez (Chairman (As Of 10/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mallory Cullen (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily Biederman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Weil (Vice-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Brooks (Vp-Health & Wellness Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ashley Hoffman (Vp-Fundraising Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rich Schneider (Vp-Education Committee (As Of 10/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Coder (Vp-Education Committee (Thru 10/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Niernberg (Vp At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lauren Roberts (Controller) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Justin Adrian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Truett Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Burke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Chassen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jorge De La Torre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Audra Dunleavy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenifer Freeman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Goetz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Troy Guard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Howard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Kanatzar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nikki Kolakowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Kristopeit-Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lundy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amie Mayhew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lauren O'Brien (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Ochoa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Eric Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maureen Pearman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Luis Ramirez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lauren Rapp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Stone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherise Velasquez-Chew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.corestaurant.org/foundation

    Where can I find the form 990 for Colorado Restaurant Foundation?

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


    Official website here: www.corestaurant.org/foundation

    Learn more at the official website: www.corestaurant.org/foundation

    Mission Statement of Colorado Restaurant Foundation

    The Colorado Restaurant Foundation is committed to enhancing the training, education, and overall well-being of the food service and hospitality industries and their workforce. This nonprofit organization is dedicated to providing access to education, skills, and financial means to individuals aiming for a successful career in this sector. By offering such resources, the Colorado Restaurant Foundation seeks to empower its industry members, fostering a strong and capable workforce.

    During the coronavirus pandemic, the Colorado Restaurant Foundation received an unprecedented level of monetary contributions from businesses and individuals. This generous funding enabled the organization to expand its assistance program, which provides disaster relief grants to individuals in the food service industry. With these resources, the foundation was able to assist not only individuals but also businesses in the industry that were struggling to recover from the devastating economic effects of the pandemic. This expanded program marked a significant milestone in the foundation's mission to support the food service and hospitality industries during challenging times.

    Impact

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




    Saturday, July 20, 2024

    The Colorado Restaurant Foundation's impact can be seen in its dedication to enhancing the industry's training and education, career development, and the overall well-being of the industry and its workforce. Through its Assistance Program, the organization provides disaster relief grants to individuals in the foodservice industry. As a result of the coronavirus pandemic, the Colorado Restaurant Foundation received an unusual and overwhelming level of monetary contributions from businesses and individuals, which funded the Assistance Program. This allowed for an unprecedented level of monetary assistance to be available, expanding the program to assist businesses as well as individuals in the industry in need of support to recover from the devastating economic effects of the pandemic. The organization's commitment to providing access to education, skills, and financial means for pursuing successful careers in the food service and hospitality industries showcases a tangible impact on the lives and livelihoods of those in the industry.





    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: $16,440
  • Program Service Revenue: $242,497
  • Gross Receipts: $2,066,770

    • Assets and Liabilities:
  • Total Assets: $1,623,514
  • Total Liabilities: $182,476
  • Net Assets: $1,441,038
  • Programs

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

    EDUCATION

    Revenue

    $242,497

    Organization Details

    Founding Year

    1987

    Principal Officer

    Sonia Riggs

    Main Address

    430 EAST SEVENTH AVENUE, DENVER, CO, 80203

    NTEE Category

    Code: B82Z - Education

    If you are a representative of Colorado Restaurant 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.