Oregon Hospitality Foundation
- Assets
- $634.4k
- Revenue
- $288.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Wilsonville, OR
- Founding
- 03/1992
- Data as of
- 09/2023
- EIN
- 93-1062729
Organization Overview
Oregon Hospitality Foundation is located in Wilsonville, OR. The organization was established in 1992. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oregon Hospitality Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Oregon Hospitality Foundation generated $288.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $335.5k during the year ending 09/2023. While expenses have increased by 6.7% per year over the past 8 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
TO PROVIDE CHARITABLE SUPPORT AND EDUCATIONAL OPPORTUNITIES FOR THE OREGON HOSPITALITY INDUSTRY AS WELL AS PROVIDE RESOURCES AND LEADERSHIP THAT HELP SUPPORT THE ECONOMIC VITALITY OF THE HOSPITALITY INDUSTRY, AN IMPORTANT PART OF OREGON'S ECONOMY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OREGON HOSPITALITY FOUNDATION (OHF), PREVIOUSLY THE OREGON RESTAURANT & LODGING EDUCATION FOUNDATION (ORLAEF), IS THE PHILANTHROPIC FOUNDATION OF OREGON RESTAURANT & LODGING ASSOCIATION (ORLA). FOUNDED IN 1991, OHF WAS ORIGINALLY DESIGNED TO STRENGTHEN AND SUPPORT THE INDUSTRY BY PROVIDING HIGH QUALITY EDUCATIONAL AND AWARENESS PROGRAMS CREATED TO PROFESSIONALIZE THE WORKFORCE, PARTICULARLY IN THE AREAS OF FOOD SAFETY AND RESTAURANT MANAGEMENT. OHF DEVELOPED MORE THAN 10 EDUCATIONAL PRODUCTS, SERVICES, AND CERTIFICATIONS, ENABLING IT TO BE A LEADING VOICE IN INDUSTRY EDUCATION. IN 2020, OHF REFINED ITS MISSION TO FOCUS ON A COMMITMENT TO ENHANCING THE RESTAURANT AND HOTEL INDUSTRY'S SERVICE TO THE PUBLIC THROUGH EDUCATION, COMMUNITY ENGAGEMENT AND PROMOTION OF CAREER OPPORTUNITIES. THE OHF ENTERED INTO A LICENSING AGREEMENT WITH ORLA FOR CERTAIN PRODUCTS OWNED AND PREVIOUSLY OPERATED BY OHF. THE CHANGE WAS BASED ON 1) MODELING THE REVENUE STRUCTURE THE SAME AS THE NATIONAL RESTAURANT ASSOCIATION (NRA) AND 2) COMPLIANCE WITH IRS PRIVATE LETTER RULING XXX-XX-XXXX. OHF IS DEDICATED TO CONTINUING ITS MISSION OF PROVIDING INNOVATIVE SOLUTIONS TO THE GREATER HOSPITALITY INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Aebi Chair | OfficerTrustee | 2 | $0 |
Janel Rupp Secretary | OfficerTrustee | 2 | $0 |
Jason Brandt CEO / Presid | OfficerTrustee | 1 | $0 |
Marin Arreola III Member | Trustee | 1 | $0 |
Jason Bender Member | Trustee | 1 | $0 |
Amanda Cavitt Member | Trustee | 1 | $0 |
Financial Statements
| 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 | $62,488 |
| Noncash contributions included in lines 1a–1f | $8,050 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,488 |
| Total Program Service Revenue | $206,484 |
| Investment income | $12,062 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$243 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $288,853 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $58,293 |
| 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 | $132,704 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,945 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,288 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $300 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $667 |
| Insurance | $0 |
| All other expenses | $432 |
| Total functional expenses | $335,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $153,626 |
| Savings and temporary cash investments | $10,996 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $181,825 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,710 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $286,209 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $634,366 |
| Accounts payable and accrued expenses | $58,922 |
| Grants payable | $0 |
| Deferred revenue | $129,165 |
| 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 | $188,087 |
| Net assets without donor restrictions | $444,569 |
| Net assets with donor restrictions | $1,710 |
| 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 | $634,366 |