Maryland Hotel And Lodging Association
- Assets
- $666.2k
- Revenue
- $538.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Annapolis, MD
- Founding
- 12/1941
- Data as of
- 12/2023
- EIN
- 52-6056372
Organization Overview
Maryland Hotel And Lodging Association is located in Annapolis, MD. The organization was established in 1941. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Maryland Hotel And Lodging Association employed 3 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Maryland Hotel And Lodging 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 12/2023, Maryland Hotel And Lodging Association generated $538.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $450.7k during the year ending 12/2023. While expenses have increased by 5.6% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ADVOCACY, INFORMATION, RECOGNITION AND NETWORKING OPPORTUNITIES THAT BENEFIT LODGING INDUSTRY OWNERS, MANAGERS, ASSOCIATES, RELATED BUSINESSES AND COMMUNITIES IN MARYLAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE ASSOCIATION IS TO (1) PRESERVE AND PROMOTE THE LODGING INDUSTRY IN MARYLAND; (2) TO SERVE ITS MEMBERS IN ALL WAYS THAT ARE PROPERLY WITHIN THE SCOPE OF A REPRESENTATIVE TRADE ASSOCIATION; (3) TO ADVANCE AND PROMOTE PRACTICAL AND FAIR COOPERATION WITH THE MARYLAND AND UNITED STATES GOVERNMENTAL AGENCIES ON BEHALF OF THE ASSOCIATION MEMBERS; (4) TO ADVANCE AND PROMOTE FAIR EXCHANGE OF FACTUAL INFORMATION NECESSARY IN THE PUBLIC INTEREST OR FOR THE WELFARE OF THE LODGING INDUSTRY; (5) TO ADVANCE AND PROMOTE PUBLIC RELATIONS IN THE INTEREST OF THE INDUSTRY; (6) TO ENABLE THOSE ENGAGED IN THE LODGING INDUSTRY IN MARYLAND TO BETTER SERVE THE PUBLIC.
THE PURPOSE OF THE ASSOCIATION IS TO (1) PRESERVE AND PROMOTE THE LODGING INDUSTRY IN MARYLAND; (2) TO SERVE ITS MEMBERS IN ALL WAYS THAT ARE PROPERLY WITHIN THE SCOPE OF A REPRESENTATIVE TRADE ASSOCIATION; (3) TO ADVANCE AND PROMOTE PRACTICAL AND FAIR COOPERATION WITH THE MARYLAND AND UNITED STATES GOVERNMENTAL AGENCIES ON BEHALF OF THE ASSOCIATION MEMBERS; (4) TO ADVANCE AND PROMOTE FAIR EXCHANGE OF FACTUAL INFORMATION NECESSARY IN THE PUBLIC INTEREST OR FOR THE WELFARE OF THE LODGING INDUSTRY; (5) TO ADVANCE AND PROMOTE PUBLIC RELATIONS IN THE INTEREST OF THE INDUSTRY; (6) TO ENABLE THOSE ENGAGED IN THE LODGING INDUSTRY IN MARYLAND TO BETTER SERVE THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chuck Chandler Past Chair | Trustee | 1 | $0 |
Linda Westgate Vice Chair | OfficerTrustee | 2 | $0 |
Michael Henningsen Chair | OfficerTrustee | 2 | $0 |
Doug Klein Director | Trustee | 1 | $0 |
Jim Starke Treasurer | OfficerTrustee | 2 | $0 |
Mark Elman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $362,324 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $32,211 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $394,535 |
| Total Program Service Revenue | $103,841 |
| Investment income | $2,942 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $37,002 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $538,320 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $219,704 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,557 |
| Payroll taxes | $18,723 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,960 |
| Fees for services: Lobbying | $50,128 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,257 |
| Office expenses | $21,830 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,805 |
| Travel | $10,165 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,607 |
| Insurance | $2,721 |
| All other expenses | $1,670 |
| Total functional expenses | $450,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $305,107 |
| Savings and temporary cash investments | $355,625 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $4,567 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $858 |
| Total assets | $666,157 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $3,135 |
| Total liabilities | $3,135 |
| Net assets without donor restrictions | $663,022 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $666,157 |