Tri County Restaurant Association is located in Canton, OH. The organization was established in 1980. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tri County Restaurant Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Tri County Restaurant Association generated $30.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $41.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL PROGRAMS, CHARITABLE FUNCTIONS, AND SCHOLARSHIP GRANTING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Debbie Busby President | 3 | $0 | |
Gary Hulett 2nd Vp/ Secretary | 3 | $0 | |
Nick Margaritakis Treasurer/ Past Pres | 3 | $0 | |
J D Tzangas 1st Vice Pres | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $20,684 |
Investment income | $115 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $5,206 |
Other Revenue | $4,620 |
Total Revenue | $30,625 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $13,500 |
Professional fees and other payments to independent contractors | $240 |
Occupancy, rent, utilities, and maintenance | $7,000 |
Printing, publications, postage, and shipping | $327 |
Other expenses | $20,742 |
Total expenses | $41,809 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $251,217 |
Other assets | $0 |
Total assets | $251,217 |
Total liabilities | $253,450 |
Net assets or fund balances | -$2,233 |
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