2024-11-15T14:36:06-06:00 2023-12-31 430765316 RUBINBROWN LLP 1900 16TH STREET SUITE 1700 DENVER CO 80202 990 2023-01-01 742488379 COLORADO RESTAURANT FOUNDATION COLO 3038302972 430 EAST SEVENTH AVE DENVER CO 80203 SONIA RIGGS EXECUTIVE DIRECTOR 3038302972 2024-11-15 1 1 KIMBERLY ANN RYAN P00829977 3036981883 2023 2024-10-15 13:58:12Z SONIA RIGGS 430 EAST SEVENTH AVE DENVER CO 80203 1640503 0 X WWW.CORESTAURANT.ORG/FOUNDATION X 1987 CO THE COLORADO RESTAURANT FOUNDATION IS DEDICATED TO ENHANCING THE INDUSTRY'S TRAINING AND EDUCATION, CAREER DEVELOPMENT AND THE OVERALL WELL-BEING OF THE INDUSTRY AND ITS WORKFORCE. 28 28 0 75 0 0 1476223 733876 242497 51086 16440 22266 -62709 65958 1672451 873186 1160445 313089 0 0 514508 700520 30000 18000 163393 306892 553774 2011845 1585383 -339394 -712197 1623514 1310788 182476 451594 1441038 859194 X THE COLORADO RESTAURANT FOUNDATION IS DEDICATED TO PROVIDING ACCESS TO EDUCATION, SKILLS AND FINANCIAL MEANS TO PURSUE A SUCCESSFUL CAREER IN THE FOOD SERVICE AND HOSPITALITY INDUSTRIES. 0 0 651461 100139 18010 PROSTART AND APPRENTICESHIP PROGRAMS: PROSTART IS A HIGH SCHOOL EDUCATION PROGRAM THAT OFFERS RESTAURANT/HOSPITALITY MANAGEMENT, CULINARY ARTS, AND BUSINESS ECONOMICS CURRICULUM AND PROVIDES HIGH SCHOOL AND COLLEGE ACADEMIC CREDIT, SCHOLARSHIPS, AND PAID WORK EXPERIENCE OPPORTUNITIES. APPRENTICESHIP PROGRAMS ARE COMPETENCY-BASED APPRENTICESHIPS DESIGNED FOR PEOPLE OF ALL AGES COMMITTED TO CAREERS IN THE RESTAURANT INDUSTRY. APPRENTICES LEARN ON-THE-JOB TRAINING IN SPECIFIC CULINARY OR MANAGEMENT COMPETENCIES COUPLED WITH CLASSROOM AND/OR SELF-PACED INSTRUCTION. 184529 178950 ASSISTANCE: THE ASSISTANCE PROGRAM PROVIDES FINANCIAL ASSISTANCE TO INDUSTRY EMPLOYEES FOR UNEXPECTED ILLNESS, INJURY, NATRUAL DISASTER, AND MENTAL HEALTH CARE. 95545 44057 SPECIAL EVENTS:SPECIAL EVENTS ARE HELD TO RECOGNIZE THE ACCOMPLISHMENTS OF PROGRAM PARTICIPANTS. PRIMARY EVENTS HELD EACH YEAR ARE THE SCHOLARSHIP AWARDS AND PROSTART STUDENT INVITATIONAL. THE SCHOLARSHIP AWARD EVENT IS HELD TO RECOGNIZE SCHOLARSHIP RECIPIENTS IN THE PROSTART PROGRAMS WHO ARE PURSUING SECONDARY EDUCATION IN THE FIELD. THE COLORADO PROSTART STUDENT INVITATIONAL AND NATIONAL PROSTART STUDENT INVITATIONAL) ARE COMPETITIONS WHERE PROSTART STUDENTS COMPETE WITH THEIR PEERS IN OTHER COLORADO HIGH SCHOOLS AND WITH STATE WINNING TEAMS FROM OTHER STATES, RESPECTIVELY. 35984 34000 SCHOLARSHIPS:THE SCHOLARSHIP PROGRAM PROVIDES SCHOLARSHIPS TO COLORADO PROSTART GRADUATES AND POST-SECONDARY UNDERGRADUATES THAT ARE PURSUING A COLLEGE EDUCATION IN THE FOODSERVICE AND HOSPITALITY INDUSTRIES. 35984 34000 967519 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 1 0 1 X 34 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 28 28 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MIKE REED 3038302972 430 EAST SEVENTH AVENUE DENVER CO 80203 MARC STERON CHAIRMAN 2.00 2.00 X X 0 0 0 DANIEL RAMIREZ CHAIRMAN (THRU 10/23) 2.00 2.00 X X 0 0 0 LAUREN ROBERTS CONTROLLER (THRU 10/23) 2.00 X X 0 0 0 LUIS RAMIREZ DIRECTOR/TREASURER 2.00 X X 0 0 0 EMILY BIEDERMAN TREASURER (THRU 10/23)/CONTROLLER 2.00 X X 0 0 0 MALLORY CULLEN VP AT LARGE 2.00 X X 0 0 0 RICHARD SCHNEIDER VP-EDUCATION (THRU 10/23)/SECRETARY 2.00 1.00 X X 0 0 0 CHRIS WEIL VICE-CHAIRMAN 2.00 2.00 X X 0 0 0 ASHLEY HOFFMAN VP-HEALTH & WELLNESS COMMITTEE 2.00 X X 0 0 0 MELISSA BROOKS VP-FUND. COM. & VICE CHAIR ELECT 2.00 X X 0 0 0 JOSH NIERNBERG VP-EDUCATION COMMITTEE 2.00 X X 0 0 0 JUSTIN ADRIAN DIRECTOR 1.00 X 0 0 0 KIRK BACHMAN DIRECTOR 1.00 X 0 0 0 TRUETT BAILEY DIRECTOR 1.00 X 0 0 0 KEVIN BURKE DIRECTOR 1.00 X 0 0 0 MATTHEW COATES DIRECTOR 1.00 X 0 0 0 SHELLY COX DIRECTOR 1.00 X 0 0 0 AUDRA DUNLEAVY DIRECTOR 1.00 X 0 0 0 JENIFER FREEMAN DIRECTOR (THRU 10/23) 1.00 X 0 0 0 DAVID GOETZ DIRECTOR (THRU 10/23) 1.00 X 0 0 0 RON HALL DIRECTOR 1.00 X 0 0 0 WAYNE HILLSTON DIRECTOR 1.00 X 0 0 0 NIKKI KOLAKOWSKI DIRECTOR 1.00 X 0 0 0 THUAN LA DIRECTOR 1.00 X 0 0 0 APRIL LAMBATOS DIRECTOR 1.00 X 0 0 0 LUNDY DIRECTOR 1.00 X 0 0 0 MAWA MCQUEEN DIRECTOR 1.00 X 0 0 0 ELIZABETH NICHOLSON DIRECTOR 1.00 X 0 0 0 DR ERIC OLSON DIRECTOR 1.00 X 0 0 0 AMY RAPISARDA DIRECTOR 1.00 X 0 0 0 JULIE STONE DIRECTOR (THRU 10/23) 1.00 X 0 0 0 KAREN KRISTOPEIT-PARKER DIRECTOR 1.00 X 0 0 0 GREG WARNER DIRECTOR 1.00 X 0 0 0 SONIA RIGGS EXECUTIVE DIRECTOR 1.00 39.00 X 17630 332892 44241 LAURA SHUNK PRESIDENT 39.00 1.00 X 135920 2630 32812 DEVANY MCNEILL VP - STRATEGIC PARTNERSHIPS 1.00 39.00 X 12387 151938 19052 DENISE MICKELSEN COMMUNICATION DIRECTOR 1.00 39.00 X 22357 81580 30904 KELSEY BERGLUND EVENTS AND SPONSORSHIP DIRECTOR 1.00 39.00 X 40520 68768 9083 MICHAEL REED CONTROLLER 1.00 39.00 X 29790 103628 7414 258604 741436 143506 1 0 1 0 0 29074 413364 291438 733876 EVENT 611710 44057 44057 EDUCATION 611710 7029 7029 51086 24263 24263 394529 396526 -1997 -1997 -1997 425768 29074 370791 54977 54977 MISCELLANEOUS REVENUE 541900 10981 10981 10981 873186 62067 0 77243 279089 279089 34000 34000 201787 118822 46683 36282 396116 111952 227390 56774 52484 11612 33177 7695 50133 18684 23683 7766 817 817 24550 24550 18000 18000 7005 7005 14658 4632 6947 3079 60994 24214 27698 9082 45351 18003 20595 6753 11381 4518 5168 1695 38048 21116 1342 15590 4545 1804 2064 677 PROSTART PROGRAM EXPENS 319073 319073 BOARD/GOVERANCE EXPENSE 27352 27352 1585383 967519 454471 163393 438868 171461 141886 0 119926 81607 20819 93 902015 1057627 1623514 1310788 68583 70578 18830 25500 69563 381016 182476 451594 X 814420 402536 626618 456658 1441038 859194 1623514 1310788 -712197 130353 0 X X 0 0 0 X 754637 5661957 2277849 1476223 733876 10904542 189205 49432 44371 256300 62067 601375 943842 5711389 2322220 1732523 795943 11505917 139180 2468845 318374 275724 148211 3350334 0 139180 2468845 318374 275724 148211 3350334 8155583 12672 14115 25650 32547 24263 109247 12672 14115 25650 32547 24263 109247 22193 54977 77170 956514 5725504 2370063 1765070 875183 11692334 0.69750 0.69120 0.00930 0.00720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 902015 155612 1057627 1057369 -155354 902015 945486 111883 1057369 858252 87234 945486 817633 40619 858252 1.00000 0 0 0 RELATED PARTY PAYABLE 381016 381016 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT IS COMPRISED OF FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO BE HELD IN PERPETUITY. THEREFORE, ALL ENDOWMENT FUNDS ARE CONSIDERED AS WITHOUT DONOR RESTRICTIONS. THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO GRANTS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE FOUNDATION HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR UP TO 4% OF THE PORTFOLIO VALUE IN GRANTS. IN ESTABLISHING THIS POLICY, THE FOUNDATION CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMENTS. X 1 PHILANTHROPY EXPERTS PO BOX 100644 DENVER CO 80250 GRANT WRITING 0 0 18000 -18000 18000 -18000 DENVER FOOD & WINE 346725 17082 329643 3000 108 203420 7019 9678 76667 DRINK RED WEAR RED 108117 11992 96125 250 34 15560 41 26 54988 454842 29074 425768 3250 142 218980 7060 9704 131655 370791 54977 1 THE PLIMOTH 2335 E 28TH AVE DENVER CO 80205 462162061 6000 0 APPRENTICESHIP PROGRAM SUPPORT CHARLES A SAENZ DBA WHEELS ON FIRE LLC 10665 CLARKSON CT NORTHGLENN CO 80223 6000 0 APPRENTICESHIP PROGRAM SUPPORT DENVER MUSEUM OF NATURAL HISTORY DBA DENVER MUSEUM OF SCIENCE AND NATURE 2001 COLORADO BLVD DENVER CO 80205 840518447 501 C(3) 6000 0 APPRENTICESHIP PROGRAM SUPPORT DASH AND A TWIST LLC DBA NOCTURNE 3443 DECATUR ST DENVER CO 80211 462790685 6000 0 APPRENTICESHIP PROGRAM SUPPORT CULINARY HELPING ENTREPRENEURIAL FOLKS CHEF INC 2190 S PLATTE DR DENVER CO 80223 873209542 501 C(3) 9000 0 APPRENTICESHIP PROGRAM SUPPORT SKILLS VOCATIONAL ACADEMY 1575 GARDEN OF THE GODS RD COLORADO SPRINGS CO 80907 831433179 13500 0 APPRENTICESHIP PROGRAM SUPPORT YOUTH EMPLOYMENT ACADEMY INC DBA OSAGE CAFE LLC PO BOX 40305 DENVER CO 80204 461083070 501 C(3) 38000 0 APPRENTICESHIP PROGRAM SUPPORT KHESED WELLNESS A COLORADO NONPROFIT CORP 2255 SHERIDAN BLVD C224 EDGEWATER CO 80214 813681614 501 C(3) 80000 0 MENTAL HEALTH PROGRAM SUPPORT 4 7 EDUCATIONAL SCHOLARSHIP TO INDIVIDUALS 9 34000 TUITION/EDUCATION SUPPORT PART I, LINE 2: SCHOOLS THAT RECEIVED GRANT FUNDING ARE REQUIRED TO REPORT BACK TO THE ORGANIZATION ON HOW THESE FUNDS WERE SPENT. OTHER MONITORING MAY ALSO INCLUDE SITE VISITS OF ORGANIZATION'S STAFF TO THE SCHOOLS. BUSINESSES RECEIVING FUNDING SUPPLIED RECEIPTS AND OTHER MATERIALS TO SUBSTANTIATE THAT THE GRANT FUNDS WERE USED FOR THE APPROPRIATE PURPOSES. 1 X X 0 0 0 0 0 1 0 1 0 SONIA RIGGS EXECUTIVE DIRECTOR 17630 207494 0 116260 0 9138 0 0 2225 42016 19855 374908 0 0 DEVANY MCNEILL VP - STRATEGIC PARTNERSHIPS 12387 116196 0 33084 0 2658 0 0 1436 17616 13823 169554 0 0 LAURA SHUNK PRESIDENT 109866 2630 26000 0 54 0 0 0 32812 0 168732 2630 0 0 PART I, LINE 3 RELATED ORGANIZATIONS USE COMPENSATION SURVEYS AND APPROVAL BY COMMITTEE AND BOARD OF DIRECTORS. PART I, LINE 6 PRESIDENT HAS A PREDETERMINED BONUS AGREEMENT. BONUS IS A PERCENTAGE OF PRESIDENT & CEO'S BASE SALARY AND IS PAID BASED ON PREDETERMINED COMPONENTS WHICH VARY FROM MEETING FINANCIAL GOALS FOR PARTICULAR PROGRAMS, TO OTHER NON-FINANCIAL GOALS. THE BONUS IS NOT A SET AMOUNT NOR BASED UPON ACTUAL OVERALL NET EARNINGS OF THE ORGANIZATION. PART I, LINE 7 THE BONUS PLAN FOR THE PRESIDENT OF THE ORGANIZATION IS PERCENTAGE OF SALARY METHOD BASED UPON MEETING NET EARNINGS OF PROGRAMS AND ORGANIZATION AS A WHOLE. ALICIA HARMON PRINCIPAL IS A DIRECTOR ON ASSOCIATION BOARD (RELATED ORGANIZATION) 1000 CASH HEALTH/WELLNESS PROGRAM ASSISTANCE GRANT BIG RED F MANAGEMENT COMPANY OWNER IS A DIRECTOR ON ASSOCIATION BOARD (RELATED ORGANIZATION) 1500 CASH APPRENTICESHIP PROGRAM GRANT SOUTHERN GLAZER'S WINE & SPIRITS PRINCIPAL IS DIRECTOR ON ASSOCIATION BOARD (RELATED ORGANIZATION) 11594 PAYMENT 0 KHESED WELLNESS OWNER IS A DIRECTOR ON FOUNDATION BOARD 80000 PROVIDES HEALTH & WELLNESS SERVICES TO INDUSTRY EMPLOYEES IN NEED 0 FORM 990, PART V, LINE 2A, VII AND IX: THE EMPLOYEES OF COLORADO RESTAURANT FOUNDATION ("CRF") ARE COMPENSATED AS PART OF AN AGREEMENT WITH COLORADO RESTAURANT ASSOCIATION ("CRA"). CRA PAYS EMPLOYEE SALARIES AND BENEFITS ON BEHALF OF CRF AND CRF REIMBURSES CRA FOR A PORTION OF THE EXPENSES. AS A RESULT, CRF ISSUES NO FORMS W-2, YET REIMBURSES FOR A PORTION OF THE SALARY EXPENSE, WHICH IS SEPARATELY DISCLOSED ON PART IX, LINE 7. FORM 990, PART VI, SECTION A, LINE 2 CHRIS WEIL, VICE-CHAIR, IS THE SON OF RICHARD WEIL WHO IS A DIRECTOR EMERITUS ON THE COLORADO RESTAURANT ASSOCIATION, A RELATED ENTITY. RICHARD WEIL IS A NON-VOTING MEMBER. LUIS RAMIREZ, DIRECTOR, 10/2022-10/2023, TREASURER 10/2023-10/2024 , IS THE BROTHER OF DANIEL RAMIREZ, CHAIRMAN OF THE BOARD OF THE COLORADO RESTAURANT ASSOCIATION EDUCATION FUND (TERM 10/2022-10/2023) AND CHAIRMAN OF THE COLORADO RESTAURANT ASSOCIATION, 10/2022-10/2023, IMMEDIATE PAST CHAIR 10/2023-10/2024, A RELATED ENTITY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE COLORADO RESTAURANT FOUNDATION BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS IS GIVEN THE CONFLICT OF INTEREST POLICY ANNUALLY AT ORIENTATION. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S SALARY IS APPROVED BY THE COLORADO RESTAURANT ASSOCIATION'S BOARD OF DIRECTORS AS PART OF THE ADMINISTRATIVE SERVICES PROVIDED TO THE FOUNDATION BY THE COLORADO RESTAURANT ASSOCIATION. THE FOUNDATION BOARD OF DIRECTORS THEN APPROVES THE ADMINISTRATIVE SERVICES BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. COLORADO RESTAURANT ASSOCIATION 430 EAST SEVENTH AVENUE DENVER CO 80203 840503735 SERVICE TO THE RESTAURANT INDUSTRY. CO 501(C)(6) N/A 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 COLORADO RESTAURANT ASSOCIATION P 728740 CASH COLORADO RESTAURANT ASSOCIATION N 96522 FAIR MARKET VALUE