Delaware Restaurant Association
- Assets
- $2.1m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 8
- Location
- Newark, DE
- Founding
- 06/1985
- Data as of
- 12/2023
- EIN
- 51-0248572
Organization Overview
Delaware Restaurant Association is located in Newark, DE. The organization was established in 1985. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2023, Delaware Restaurant Association employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delaware 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 12/2023, Delaware Restaurant Association generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.5% each year . All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 19.7% 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
THE DELAWARE RESTAURANT ASSOCIATION IS A STATE TRADE ASSOCIATION DEDICATED TO THE PROMOTION, PROTECTION AND IMPROVEMENT OF THE DELAWARE FOOD SERVICE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALCOHOLIC BEVERAGE SERVER TRAINING - DELAWARE REQUIRES ANYONE WHO SERVES, SELLS OR HANDLES ALCOHOLIC BEVERAGES TO RECEIVE TRAINING IN SAFELY SERVING AND RELATED SERVING LAWS. THE ORGANIZATION OFFERS AN ONLINE TRAINING COURSE IN PARTNERSHIP WITH INNOVALEARN AND THE SCHOOL ONLINE TRAINING ACADEMY. IN 2023, 9,020 PEOPLE TOOK THE COURSE.
SUPPORT OF PARTNER ORGANIZATION - THE ORGANIZATION RENTS OFFICE SPACE TO, AS WELL AS SHARES PAYROLL OVERHEAD EXPENSES WITH A RELATED ORGANIZATION, DELAWARE RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION (DRAEF). DRAEF REIMBURSES THE ORGANIZATION FOR ITS PORTION OF WAGES AND RELATED PAYROLL TAXES.
FOOD SAFETY AND HANDLING TRAINING - DELAWARE REQUIRES THE PERSON-IN-CHARGE AT A RESTAURANT TO DEMONSTRATE FOOD SAFETY KNOWLEDGE. THE ORGANIZATION OFFERS THE SERVSAFE CERTIFICATION COURSE TO MEET THIS REQUIREMENT IN PARTNERSHIP WITH ITS RELATED ORGANIZATION, THE DELAWARE RESTAUARANT ASSOCIATION EDUCATION FOUNDATION. IN 2023, THERE WERE ABOUT 598 PARTICIPATING STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gianmarco Martuscelli Chairman | OfficerTrustee | 0.5 | $0 |
Jeffrey Gosnear Vice Chair | OfficerTrustee | 0.5 | $0 |
Michael Stiglitz Treasurer | OfficerTrustee | 0.5 | $0 |
Carl Georigi Immediate Past Chair | OfficerTrustee | 0.5 | $0 |
Carrie Leisman President & CEO | OfficerTrustee | 27 | $103,808 |
Xavier Teixido Nra Representative | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $218,439 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $545,374 |
| All other contributions, gifts, grants, and similar amounts not included above | $80,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $844,313 |
| Total Program Service Revenue | $710,792 |
| Investment income | $16,625 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,000 |
| Net Gain/Loss on Asset Sales | -$5,900 |
| Net Income from Fundraising Events | $26,331 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,595,161 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,280 |
| 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. | $103,808 |
| Compensation of current officers, directors, key employees. | $83,046 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $499,497 |
| Pension plan accruals and contributions | $8,595 |
| Other employee benefits | $13,474 |
| Payroll taxes | $45,858 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,365 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,128 |
| Advertising and promotion | $65,090 |
| Office expenses | $14,250 |
| Information technology | $22,366 |
| Royalties | $0 |
| Occupancy | $22,300 |
| Travel | $35,549 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,313 |
| Interest | $0 |
| Payments to affiliates | $354,130 |
| Depreciation, depletion, and amortization | $7,017 |
| Insurance | $3,085 |
| All other expenses | $0 |
| Total functional expenses | $1,325,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $388,908 |
| Savings and temporary cash investments | $542,293 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $27,827 |
| 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 | $0 |
| Net Land, buildings, and equipment | $801,858 |
| Investments—publicly traded securities | $295,398 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,056,284 |
| Accounts payable and accrued expenses | $19,179 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $19,179 |
| Net assets without donor restrictions | $2,037,105 |
| 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 | $2,056,284 |
Grants Awarded
Over the last fiscal year, Delaware Restaurant Association has awarded $165,011 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SHOOX INC PURPOSE: TO PROVIDE DRUG AND ALCOHOL SAFETY TRAINING COURSES TO RESTAURANT EMPLOYEES THROUGH THE CARES ACT | $62,250 |
FOOD BANK OF DELAWARE PURPOSE: TO PROVIDE TRAINING TO DELAWARE RESTAURANT EMPLOYEES TO ENHANCE SKILLS AND EMPLOYMENT OPPORTUNITIES DURING THE PANDEMIC THROUGH THE CARES ACT | $31,750 |
UNIVERSITY OF DELAWARE PURPOSE: TO PROVIDE HR COMPETENCIES TRAININGS FOR RESTAURANT MANAGERS THROUGH THE CARES ACT | $45,000 |
WBOC PURPOSE: TO PROVIDE ADVERTISING FOR DELAWARE RESTAURANTS WHO SUFFERED DECLINES OF REVENUE DURING THE PANDEMIC | $14,720 |
THE NEWS JOURNALDELMARVA NOW PURPOSE: TO PROVIDE ADVERTISING FOR DELAWARE RESTAURANTS WHO SUFFERED DECLINES OF REVENUE DURING THE PANDEMIC | $5,691 |
KING CREATIVE PURPOSE: TO PROVIDE ADVERTISING FOR DELAWARE RESTAURANTS WHO SUFFERED DECLINES OF REVENUE DURING THE PANDEMIC | $5,600 |