Springfield Hotel Motel Association
- Assets
- $69.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, MO
- Founding
- 11/2005
- Data as of
- 12/2020
- EIN
- 20-2295588
Organization Overview
Springfield Hotel Motel Association is located in Springfield, MO. The organization was established in 2005. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springfield Hotel Motel Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2020, Springfield Hotel Motel Association generated $47.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $53.8k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
TO PROVIDE ALL GUESTS A COMFORTABLE STAY IN FRIENDLY AND CLEAN SURROUNDINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Hayes Executive Director | 40 | $16,968 | |
Brian Inman Board Member | 1 | $0 | |
Tracy Kimberlin Board Member | 1 | $0 | |
Hubert Heck Board Member | 1 | $0 | |
Zachary Oxley Board Member | 1 | $0 | |
Barbara Withers Past-President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $643 |
| Total Program Service Revenue | $0 |
| Membership dues | $30,554 |
| Investment income | $75 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,924 |
| Other Revenue | $25 |
| Total Revenue | $47,221 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,968 |
| Professional fees and other payments to independent contractors | $1,742 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,090 |
| Total expenses | $53,800 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,325 |
| Other assets | $0 |
| Total assets | $69,468 |
| Total liabilities | $0 |
| Net assets or fund balances | $69,468 |
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