Nonprofit · EIN 36-3693719
GREEK-AMERICAN RESTAURANT ASSOCIATION
Tax-exempt · PARK RIDGE, IL 60068
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $404,754 | $184,361 | $220,393 | $3,356,752 | $0 | $3,356,752 |
| December 31, 2023 | 990 | $163,398 | $100,135 | $63,263 | $3,136,359 | $0 | $3,136,359 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $274,000
- Program service revenue
- $0
- Investment income
- $130,754
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $159,626
- Other salaries and wages
- $11,000
- Salaries, compensation and benefits (total)
- $14,099
- Professional fundraising fees
- $0
- Legal fees
- $500
- Program services (functional)
- $169,003
- Management and general (functional)
- $15,358
Balance sheet and other
- Total assets, start of year
- $3,136,359
- Total assets, end of year
- $3,356,752
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,356,752
- Gross receipts
- $404,754
- Employees
- 1
- Volunteers
- 15
- Year formed
- 1986
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAM MARKOS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| STEVE THEOFANOUS | VICE PRESIDENT Trustee or director | 1 | $0 |
| PETER REVEL | TREASURER Officer | 1 | $0 |
| JAMES ROMAS | SECRETARY Officer | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAM MARKOS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| STEVE THEOFANOUS | VICE PRESIDENT Trustee or director | 1 | $0 |
| PETER REVEL | TREASURER Officer | 1 | $0 |
| JAMES ROMAS | SECRETARY Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2604 DEMPSTER ST STE 208, PARK RIDGE, IL 60068-8426
- In care of
- % MARINAKIS AND MARINAKIS
- Principal officer (990 for 2024)
- THOMAS C DIAMOND, 2300 S MANHEIM RD, DES PLAINES, IL 60018
- Signed the 990
- JAMES ROMAS, SECRETARY
- Phone
- (847) 635-1500
- Return prepared by
- BAHRAMIS & BOROVILOS LTD
Mission
SEE PART III (a) BELOW
Program accomplishments
- CONTRIBUTIONS TO VARIOUS INSTITUTIONS
- ASSISTS ACTIVE GREEK AMERICAN RESTAURNAT OWNERS PURCHASE ITEMS FOR THE OPERATION OF THEIR ESTABLISHMENTS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 36-3693719
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T70)
- Assets (IRS master file)
- $3,356,752
- Income (IRS master file)
- $404,754
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $404,754 | $184,361 | $3,356,752 | IRS |
| 990 | December 2023 | $163,398 | $100,135 | $3,136,359 | XML |
| 990 | December 2022 | $137,955 | $85,309 | $2,912,893 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3693719).
Questions about GREEK-AMERICAN RESTAURANT ASSOCIATION
- What is the EIN of GREEK-AMERICAN RESTAURANT ASSOCIATION?
- The employer identification number (EIN) of GREEK-AMERICAN RESTAURANT ASSOCIATION is 36-3693719.
- Is GREEK-AMERICAN RESTAURANT ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1998.
- Are donations to GREEK-AMERICAN RESTAURANT ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GREEK-AMERICAN RESTAURANT ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GREEK-AMERICAN RESTAURANT ASSOCIATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GREEK-AMERICAN RESTAURANT ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GREEK-AMERICAN RESTAURANT ASSOCIATION?
- The 990 for the year ended December 31, 2024 names THOMAS C DIAMOND.
- Who are the officers and directors of GREEK-AMERICAN RESTAURANT ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does GREEK-AMERICAN RESTAURANT ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $404,754, expenses of $184,361 and total assets of $3,356,752 at year end.
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