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Filing year 2024

HOSPITALITY INDUSTRY TRAINING & EDUCATION FUND

Beverly Hills, California·EIN 45-4884254·NTEE J22 · Employment·3
Total revenue
$7.4M
Total assets
$25M
Total expenses
$8.7M
Reported officers
19
Mission

TRAINING INDIVIDUALS WORKING OR DESIRING TO WORK IN THE HOSPITALITY INDUSTRY AND OTHER PROGRAMS DESCRIBED IN THE TRUST.

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Employment organizations in California.

Executive Director
75th to 90th percentile
$242k
$259k
Base
$136k
Bonus
$20k
Other
Benefits
$55k
Deputy Director
Highest Compensated Employee
Median to 75th percentile
$192k
$205k
Base
$146k
Bonus
$15k
Other
Benefits
$25k
Dir Food & Bev Training
Highest Compensated Employee
Median to 75th percentile
$191k
$204k
Base
$170k
Bonus
$15k
Other
Benefits
Director of Finance
Median to 75th percentile
$182k
$195k
Base
$130k
Bonus
$15k
Other
Benefits
$17k
Director Workforce Systems
Highest Compensated Employee
25th percentile to median
$168k
$180k
Base
$147k
Bonus
$15k
Other
Benefits
Director
Highest Compensated Employee
25th percentile to median
$145k
$155k
Culinary Instructor
Highest Compensated Employee
Below 10th percentile
$113k
$121k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Browse compensation in Employment

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at HOSPITALITY INDUSTRY TRAINING & EDUCATION FUND equaled 3% of the organization's total expenses. The median for employment organizations is 7%.

This organization (2024)
3%
Sector median
7%
Middle half of sector
3% to 16%

Based on 3,595 employment organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 24%
from 2023

From $317k in 2023 to $242k in 2024.

$317k
2023
$242k
2024
In today's dollarsEst.
Down 26% in real terms$350k to $259k

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 24% from 2023 to 2024, while revenue fell 70%.

$317k in 2023 to $242k in 2024.
  • Highest Compensated Employee pay rose 6% from 2023 to 2024.
  • Chief Financial Officer pay fell 8% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about HOSPITALITY INDUSTRY TRAINING & EDUCATION FUND

What does the Chief Executive Officer of HOSPITALITY INDUSTRY TRAINING & EDUCATION FUND earn?

In 2024, the Chief Executive Officer of HOSPITALITY INDUSTRY TRAINING & EDUCATION FUND received $242,478 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Employment organizations in California, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HOSPITALITY INDUSTRY TRAINING & EDUCATION FUND compare with similar nonprofits?

Compared with the same role at Employment organizations in California, the 2024 pay of the Chief Executive Officer at HOSPITALITY INDUSTRY TRAINING & EDUCATION FUND falls between the 75th and 90th percentiles. In 2024, the highest total compensation at HOSPITALITY INDUSTRY TRAINING & EDUCATION FUND equaled 3% of the organization's total expenses. The median for employment organizations is 7%.

What are HOSPITALITY INDUSTRY TRAINING & EDUCATION FUND's revenue and expenses?

In 2024, HOSPITALITY INDUSTRY TRAINING & EDUCATION FUND reported $7.4M in total revenue and $8.7M in total expenses on its IRS Form 990.

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