CALIFORNIA RESTAURANT ASSOCIATION

EIN: 951241045

SACRAMENTO, CA

Total Revenue
$7,488,778
Total Expenses
$6,387,603
Total Assets
$19,609,904
Net Assets
$15,721,446
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1929
Legal Domicile
CA
Principal Officer
JOT CONDIE
Phone
9164475793
Tax Period
2024-01-01 to 2024-12-31

CALIFORNIA RESTAURANT ASSOCIATION, founded in 1929, is a community nonprofit that reported $7.5M in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $6.4M left a modest 15% surplus.

Mission

THE OBJECTS AND PURPOSES OF THIS CORPORATION ARE TO MAINTAIN, PROMOTE, EXTEND AND PROTECT THE INTERESTS OF THE RESTAURANT AND LIKE INDUSTRIES; AND PURSUANT TO SUCH OBJECTS AND PURPOSES TO ESTABLISH AND PROMOTE CONFIDENCE AND COOPERATION, AND TO FOSTER AND PERPETUATE A FRATERNAL SENTIMENT AMONG ITS MEMBERS; TO ESTABLISH AND MAINTAIN INTIMATE AND FRIENDLY BUSINESS AND SOCIAL RELATIONS AMONG ITS MEMBERS; TO PROVIDE MEANS FOR GENERAL DISCUSSION AND EXCHANGE OF IDEAS PERTAINING TO THE INDUSTRIES IN WHICH ITS MEMBERS ARE INTERESTED; TO AID AND ASSIST THE MEMBERS IN SECURING COMPETENT EMPLOYEES, AND IN FOSTERING A FRIENDLY SPIRIT AMONG THE EMPLOYEES AND OF THE MEMBERS; TO PROTECT ITS MEMBERS AGAINST FRAUD AND DECEIT PRACTICED BY UNSCRUPULOUS GUESTS; TO STIMULATE A PUBLIC INTEREST IN THE RESTAURANT INDUSTRY; TO DO OR ENGAGE IN ANY ACT OR THING OR ENTERPRISE WHICH IN THE OPINION OF THE DIRECTORS SHALL APPEAR TO BE FOR THE BENEFIT OF THE RESTAURANT INDUSTRY GENERALLY; TO EMPLOY ALL THE NECESSARY MEANS AND AGENCIES TO CARRY OUT THE FOREGOING POWERS, INCLUDING THE POWER TO COLLECT, BORROW AND DISBURSE MONIES FOR SAID PURPOSES; TO PROVIDE FOR THE ELECTION OF MEMBERS IN ACCORDANCE WITH THE PROVISIONS AS SET FORTH IN THE BY-LAWS OF THE CORPORATION; AND IN PURSUANCE OF ITS PURPOSE TO PURCHASE, ACQUIRE, RENT, OWN, HOLD, LEASE, SELL, CONVEY, MORTGAGE, OCCUPY, CONTROL, EXCHANGE, DEVELOP, AND IMPROVE REAL AND OTHER PROPERTY, AND TO ERECT, CONSTRUCT, AND MAINTAIN SUCH NECESSARY, BUILDINGS, IMPROVEMENTS, AND DEVICES AS SHALL BE NECESSARY TO APPROPRIATE FOR THE PURPOSES OF SAID CORPORATION.

Program Service Accomplishments

Program 1

GOVERNMENT AFFAIRS: THE ASSOCIATION COMMUNICATES TO ITS MEMBERS ON LOBBYING ACTIVITIES AFFECTING THE RESTAURANT INDUSTRY.

Program 2

REGIONAL OPERATIONS: THE ASSOCIATION ADDRESS LOCAL BUSINESS CONCERNS AND SOCIAL NEEDS OF ITS MEMBERSHIP THROUGH CHAPTER AND REGIONAL OPERATIONS THROUGHOUT THE STATE.

Program 3

EDUCATION PROGRAMS: THE ASSOCIATION DEVELOPS AND SPONSORS SEMINARS, WORKSHOPS, AND EDUCATIONAL MATERIALS FOR FOOD SERVICE OPERATIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $989,520
Program Service Revenue $2,787,784
Investment Income $1,985,545
Other Revenue $1,725,929
TOTAL REVENUE $7,488,778

Expense Breakdown

Grants Paid $88,340
Salaries & Benefits $3,229,437
Fundraising Expenses $0
Other Expenses $3,069,826
TOTAL EXPENSES $6,387,603

Year-over-Year Comparison

2024 2023 Change
Revenue $7,488,778 $5,357,020 +0.4%
Expenses $6,387,603 $6,656,182 0.0%
Net Income $1,101,175 $-1,299,162 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
30
Independent Members
30
Employees
32
Volunteers
35

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$562,243
Total Directors
30
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE O'DONNELL CHAIR 1.50
Officer Director
$0 $0 $0
FRED GLICK VICE CHAIR 1.50
Officer Director
$0 $0 $0
RAY VILLAMAN SECOND VICE CHAIR 1.50
Officer Director
$0 $0 $0
RICHARD R FRANK IMMEDIATE PAST CHAIR 1.50
Officer Director
$0 $0 $0
RICK ALDINGER MEMBER 1.50
Director
$0 $0 $0
ANDY BAUMANN MEMBER 1.50
Director
$0 $0 $0
ROCCO BIALE MEMBER 1.50
Director
$0 $0 $0
BENJAMIN M CLEVENGER MEMBER 1.50
Director
$0 $0 $0
BOBBY COYOTE MEMBER 1.50
Director
$0 $0 $0
GREG DULAN MEMBER 1.50
Director
$0 $0 $0
MICHAEL FEINMAN MEMBER 1.50
Director
$0 $0 $0
AMANDA HO MEMBER 1.50
Director
$0 $0 $0
TOM G HOLT MEMBER 1.50
Director
$0 $0 $0
DOLORES C JACKSON MEMBER 1.50
Director
$0 $0 $0
MICHAEL MINDEL MEMBER 1.50
Director
$0 $0 $0
MICHAEL MORTON JR MEMBER 1.50
Director
$0 $0 $0
TONY PALERMO MEMBER 1.50
Director
$0 $0 $0
RICHARD PINK MEMBER 1.50
Director
$0 $0 $0
JOSEPH PITRUZZELLI MEMBER 1.50
Director
$0 $0 $0
BRANDON ROSS MEMBER 1.50
Director
$0 $0 $0
LORRAINE SALAZAR MEMBER 1.50
Director
$0 $0 $0
SUSAN SARICH MEMBER 1.50
Director
$0 $0 $0
STEVEN SARVER MEMBER 1.50
Director
$0 $0 $0
WALTER SHILD MEMBER 1.50
Director
$0 $0 $0
BENJAMIN SHAHVAR MEMBER 1.50
Director
$0 $0 $0
CHRIS SIMMS MEMBER 1.50
Director
$0 $0 $0
CHRISTY VEGA MEMBER 1.50
Director
$0 $0 $0
BRIAN WALSH MEMBER 1.50
Director
$0 $0 $0
JON WEBER MEMBER 1.50
Director
$0 $0 $0
BILL ZARUKA MEMBER 1.50
Director
$0 $0 $0
JOT CONDIE PRESIDENT + CEO 32.00
Officer
$434,656 $18,923 $562,243
MATT SUTTON SR VP GOVT AFFAIRS 40.00
Highest
$220,000 $0 $220,000
MICHELLE MODIC SR VP ADMIN/HR 40.00
Highest
$158,360 $38,866 $197,226
CHRISTOPHER DUGGAN DIRCTOR LOCAL GOV AFFAIRS 40.00
Highest
$109,000 $8,366 $117,366
JAMES WELLS CONTROLLER 40.00
Highest
$133,497 $0 $133,497
LESLIE TEAGUE VP BUS DEV 40.00
Highest
$120,000 $0 $120,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $7,488,778 $6,387,603 $19,609,904 $1,101,175
2023 $5,357,020 $6,656,182 $20,842,714 $-1,299,162
2022 $6,038,099 $6,233,276 $20,924,251 $-195,177
2021 $6,835,260 $5,721,236 $23,890,484 $1,114,024
2020 $4,130,500 $6,406,889 $22,091,505 $-2,276,389
2019 $6,122,171 $6,768,110 $21,270,503 $-645,939
2018 $17,292,195 $7,276,729 $19,818,669 $10,015,466
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