Greater New Orleans Hotel & Lodging Association Hospitality Edu Founda is located in New Orleans, LA. The organization was established in 2000. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater New Orleans Hotel & Lodging Association Hospitality Edu Founda 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 12/2021, Greater New Orleans Hotel & Lodging Association Hospitality Edu Founda generated $50.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $18.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION HAS BEEN FORMED TO CREATE AWARENESS OF AVAILABLE HOSPITALITY CAREER PATHS, TO PROVIDE EDUCATIONAL AND FINANCIAL SUPPORT TO SECONDARY AND POST-SECONDARY INSTITUTIONS OFFERING HOSPITALITY PROGRAMS, AND TO SPONSOR CONTINUING EDUCATION PROGRAMS FOR ASSOCIATION MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mavis Early Executive Director | 3 | $0 | |
Tod Chambers President | 0.5 | $0 | |
Amy Reimer-Sileo Board Member | 0.5 | $0 | |
Jim Cook Board Member | 0.5 | $0 | |
Tom Jones Board Member | 0.5 | $0 | |
Kristi Taglauer Board Member | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $47,867 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $62 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $2,247 |
Other Revenue | $0 |
Total Revenue | $50,176 |
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 | $2,650 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $15,723 |
Total expenses | $18,373 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $380,468 |
Other assets | $0 |
Total assets | $385,361 |
Total liabilities | $1,450 |
Net assets or fund balances | $383,911 |
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