Cornell Hotel Society Foundation Inc
- Assets
- $115.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ithaca, NY
- Founding
- 06/1992
- Data as of
- 12/2022
- EIN
- 22-3172930
Organization Overview
Cornell Hotel Society Foundation Inc is located in Ithaca, NY. The organization was established in 1992. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornell Hotel Society Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Cornell Hotel Society Foundation Inc generated $9.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $5.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (36.1%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
SUPPORT OF EDUCATIONAL REQUIREMENTS, STUDENT NEEDS AND RESEARCH ACTIVITIES OF CORNELL UNIVERSITY SCHOOL OF HOTEL ADMINISTRATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Minnock III Chair | 0 | $0 | |
Liv Gussing Burgess President | 0 | $0 | |
Robert Mandelbaum 2nd VP | 0 | $0 | |
Joseph Lavin 1st VP | 0 | $0 | |
Tim Dick Secretary | 0 | $0 | |
Matt Carrier Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,190 |
| Gain or Loss | $7,143 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,333 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $845 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,079 |
| Total expenses | $5,174 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,403 |
| Other assets | $0 |
| Total assets | $115,403 |
| Total liabilities | $0 |
| Net assets or fund balances | $115,403 |