Idaho Lodging & Restaurant Association Inc is located in Boise, ID. The organization was established in 1994. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Idaho Lodging & Restaurant Association Inc 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 12/2022, Idaho Lodging & Restaurant Association Inc generated $136.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $138.4k during the year ending 12/2022. While expenses have increased by 15.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
PROVIDED FORUMS FOR ITS MEMBERSHIP TO NETWORK WITH OTHERS IN IDAHO'S LODGING AND RESTAURANT INDUSTRY, AND PROVIDE EDUCATION AND TRAINING OPPORTUNITIES, EMPHASIZING PERTINENT GOVERNMENT AND BUSINESS ISSUES AFFECTING THE INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Doug Burnett President | 1 | $0 | |
Dan Todd Vice Chairman | 1 | $0 | |
Rick Shaffer Treasurer | 1 | $0 | |
Mike Ruffner Secretary | 1 | $0 | |
Kevin Settles Nra Liaison | 1 | $0 | |
Diane Newman Past President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $42,586 |
Total Program Service Revenue | $81,687 |
Membership dues | $12,592 |
Investment income | $38 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $136,903 |
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 | $45,000 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $93,396 |
Total expenses | $138,396 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $158,157 |
Other assets | $0 |
Total assets | $158,157 |
Total liabilities | $0 |
Net assets or fund balances | $158,157 |