Texas Restaurant Association
- Assets
- $163.0k
- Revenue
- $100.9k
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 01/1986
- Data as of
- 12/2022
- EIN
- 74-2307686
Organization Overview
Texas Restaurant Association is located in San Antonio, TX. The organization was established in 1986. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Texas 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, Texas Restaurant Association generated $100.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $95.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TEXAS RESTAURANT ASSOCIATION - SAN ANTONIO CHAPTER IS THE LOCAL CHAPTER OF THE TEXAS RESTAURANT
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TEXAS RESTAURANT ASSOCIATION-SAN ANTONIO CHAPTER PROVIDES OPPORTUNITIES TO ITS MEMBERS TO MEET, EXCHANGE IDEAS, AND EXPLORE ISSUES IN THE INDUSTRY INCLUDING EDUCATION AND COMMUNITY INVOLVEMENT. THE ORGANIZATION ISSUES A MONTHLY NEWSLETTER TO ALL MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Morris Saide Director | Trustee | 4 | $0 |
Alice Harper Restaurant Emerituis | Trustee | 2 | $0 |
David Cortez Director | Trustee | 4 | $0 |
Rick Grinnan Director | Trustee | 4 | $0 |
Jonathan Peter Cortez Director | Trustee | 4 | $0 |
Steve Richmond Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $88,665 |
| 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 | $88,665 |
| Total Program Service Revenue | $20,170 |
| Investment income | $52 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$8,037 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $100,850 |
| 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 | $630 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,523 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,000 |
| Advertising and promotion | $3,378 |
| Office expenses | $6,027 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,333 |
| Travel | $6,469 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,170 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $133 |
| Insurance | $0 |
| All other expenses | $1,066 |
| Total functional expenses | $95,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,684 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,348 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $163,032 |
| Accounts payable and accrued expenses | $483 |
| 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 | $483 |
| Net assets without donor restrictions | $0 |
| 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 | $162,549 |
| Total liabilities and net assets/fund balances | $163,032 |