Retail Bakers Of America is located in Tinley Park, IL. The organization was established in 1946. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Retail Bakers Of America employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Retail Bakers Of America 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 12/2023, Retail Bakers Of America generated $190.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $355.2k during the year ending 12/2023. While expenses have increased by 4.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE MEMBERS WITH A COMPREHENSIVE SOURCE FOR MARKETING, MANAGEMENT AND PRODUCTION INFORMATION AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNICATION - DISSEMINATE INFORMATION TO MEMBERS REGARDING THE LATEST INDUSTRY DEVELOPMENTS.
CONVENTION/CONFERENCE - IMPROVE MEMBERS BUSINESS OPERATIONS STIMULATE INTEREST/DEMAND FOR BAKERY INDUSTRY PRODUCTS.
MEMBERSHIP SERVICES - PROVIDING BAKERY FORMULAS, PROMOTIONAL DISPLAY ITEMS, COST MANAGEMENT ASSISTANCE AND OTHER SIMILAR SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bernadette Haas Secretary | Officer | 40 | $75,014 |
Matthew Ratliff Board Member | Trustee | 0 | $0 |
Mark Haymon Board Member | Trustee | 0 | $0 |
Bronwen Weber Board Member | Trustee | 0 | $0 |
John Lupo Board Member | Trustee | 0 | $0 |
Amie Smith Board Member | Trustee | 0 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Janelle Floerke Membership Mgmt | 12/30/16 | $0 |
Lynn Schurman Consulting | 12/30/16 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $187,222 |
Investment income | $2,961 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $190,183 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $75,014 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $104,952 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $14,287 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,518 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $21,932 |
Advertising and promotion | $9,050 |
Office expenses | $3,617 |
Information technology | $23,334 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,585 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,955 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $10,994 |
All other expenses | $14,793 |
Total functional expenses | $355,191 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $237,885 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $20,885 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $3,015 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $261,785 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $78,804 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $78,804 |
Net assets without donor restrictions | $182,981 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $261,785 |