Assoc Of Independent Hospitality Professionals
- Assets
- $146.7k
- Revenue
- $505.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Harrisburg, PA
- Founding
- 09/2015
- Data as of
- 12/2018
- EIN
- 47-3361326
Organization Overview
Assoc Of Independent Hospitality Professionals is located in Harrisburg, PA. The organization was established in 2015. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2018, Assoc Of Independent Hospitality Professionals employed 2 individuals. Assoc Of Independent Hospitality Professionals 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 12/2018, Assoc Of Independent Hospitality Professionals generated $505.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.3% each year . All expenses for the organization totaled $473.3k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND SUPPORT THE SUSTAINABILITY OF SMALL LODGING ESTABLISHMENTS IN A CHANGING ENVIRONMENT THROUGH NETWORKING, ADVOCACY, PROFESSIONAL DEVELOPMENT AND PROGRESSIVE BUSINESS PRACTICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NETWORKING, ADVOCACY, PROFESSIONAL DEVELOPMENT AND PROGRESSIVE BUSINESS PRACTICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert N Fulton CEO | Officer | 2 | $97,500 |
Jim Leitch Chair | OfficerTrustee | 2 | $0 |
Dean Carlson Past Chair | OfficerTrustee | 2 | $0 |
Dallas Renner Treasurer | OfficerTrustee | 2 | $0 |
Dan Ingraham Vice Chair | Trustee | 2 | $0 |
Yvonne Martin Secretary | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $106,696 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,794 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $133,490 |
| Total Program Service Revenue | $371,437 |
| Investment income | $298 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $505,765 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $97,500 |
| Compensation of current officers, directors, key employees. | $29,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,125 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $413 |
| Payroll taxes | $8,862 |
| Fees for services: Management | $28,164 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,475 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,883 |
| Advertising and promotion | $15,226 |
| Office expenses | $20,548 |
| Information technology | $9,286 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $14,062 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $195,941 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,120 |
| All other expenses | $0 |
| Total functional expenses | $473,299 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$65 |
| Savings and temporary cash investments | $128,619 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,858 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,266 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $146,678 |
| Accounts payable and accrued expenses | $5,486 |
| Grants payable | $0 |
| Deferred revenue | $191,678 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $197,164 |
| Unrestricted restricted net Assets | -$54,086 |
| Temporarily restricted net Assets | $3,600 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | -$50,486 |
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