Research Chefs Association
- Assets
- $488.7k
- Revenue
- $761.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 05/1997
- Data as of
- 06/2024
- EIN
- 43-1763929
Organization Overview
Research Chefs Association is located in Lexington, KY. The organization was established in 1997. According to its NTEE Classification (S05) the organization is classified as: Research Institutes & Public Policy Analysis, 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. Research Chefs 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 06/2024, Research Chefs Association generated $761.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $491.5k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (12.2%) per year over the past 9 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
CULTIVATE COLLABORATIONS BETWEEN CHEFS AND FOOD SCIENCE PROFESSIONALS WHO DEVELOP FOOD, TO INCREASE INNOVATION, QUALITY AND SPEED TO MARKET.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCE - THE RCA CONFERENCE IS HELD ANNUALLY. THE CONFERENCE IS AN EDUCATION FORUM WITH SPEAKERS, EDUCATIONAL SESSIONS, DEMONSTRATIONS AND WORKSHOPS FEATURING THE FOREMOST LEADERS IN CULINARY ARTS AND FOOD SCIENCE.
CONTINUING EDUCATION - THROUGH REGIONAL HUBS, RCA PROVIDES CONTINUING EDUCATION WORKSHOPS CATERING TO THE CULINARY PROFESSION AND FOOD TECHNOLOGISTS AND FEATURING EXPERT CHEFS AND FOOD SCIENCE PROFESSIONALS.
CERTIFICATION - RCA OFFERS A TWO-LEVEL CERTIFICATION PROGRAM FOR ADVANCING AND CERTIFYING THE KNOWLEDGE, SKILLS, AND EXPERIENCE OF CULINARY PROFESSIONALS. CERTIFIED RESEARCH CHEFS (CRC) AND CERTIFIED CULINARY SCIENTISTS (CCS) PROVIDE THE FOOD INDUSTRY WITH TODAY'S MOST VALUABLE, SOUGHT-AFTER PRODUCT DEVELOPERS THAT EXCEL IN THE PRACTICE OF CULINOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Hayes President | OfficerTrustee | 1 | $0 |
Jeff Crace Vice President | OfficerTrustee | 1 | $0 |
Anne Druchitz Treasurer | OfficerTrustee | 1 | $0 |
Nicole Linke Secretary | OfficerTrustee | 1 | $0 |
Gerrie Bouchard Director | Trustee | 1 | $0 |
Gregg Brickman Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marriott Boston Quincy Hotel Annual Conference Venue | 6/29/24 | $209,000 |
Amr Management Services Management Services | 6/29/24 | $179,634 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $233,615 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $109,803 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $343,418 |
| Total Program Service Revenue | $409,985 |
| Investment income | $4 |
| 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 | $761,403 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $179,634 |
| Fees for services: Legal | $3,787 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,436 |
| Office expenses | $6,023 |
| Information technology | $10,959 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,783 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $251,574 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,085 |
| All other expenses | $0 |
| Total functional expenses | $491,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $485,553 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $850 |
| 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 | $2,277 |
| 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 | $488,680 |
| Accounts payable and accrued expenses | $1,734 |
| Grants payable | $0 |
| Deferred revenue | $131,226 |
| 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 | $132,960 |
| Net assets without donor restrictions | $354,542 |
| Net assets with donor restrictions | $1,178 |
| 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 | $488,680 |