Tri County Restaurant Association
- Assets
- $244.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Canton, OH
- Founding
- 02/1980
- Data as of
- 12/2022
- EIN
- 34-0896515
Organization Overview
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 12/2022, Tri County Restaurant Association generated $49.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $41.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL PROGRAMS, CHARITABLE FUNCTIONS, AND SCHOLARSHIP GRANTING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J D Tzangas President | 3 | $0 | |
Pete Carbone 1st Vice Pres | 3 | $0 | |
Deborah Busby Treasurer/ Past Pres | 3 | $0 | |
Gary Hulett 2nd Vice Pres/ Secy | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $22,113 |
| Investment income | $103 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,718 |
| Other Revenue | $21,010 |
| Total Revenue | $49,944 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,000 |
| Professional fees and other payments to independent contractors | $485 |
| Occupancy, rent, utilities, and maintenance | $7,211 |
| Printing, publications, postage, and shipping | $550 |
| Other expenses | $19,823 |
| Total expenses | $41,069 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $244,592 |
| Other assets | $0 |
| Total assets | $244,592 |
| Total liabilities | $237,950 |
| Net assets or fund balances | $6,642 |