Beaufort Area Hospitality Association Inc
- Assets
- $43.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beaufort, SC
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 82-5361976
Organization Overview
Beaufort Area Hospitality Association Inc is located in Beaufort, SC. The organization was established in 2019. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Beaufort Area Hospitality 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 12/2021, Beaufort Area Hospitality Association Inc generated $117.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $102.7k during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 3 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
2021
Describe the Organization's Program Activity:
Part 3
ADVOCACY, INNOVATIVE PROGRAMMING AND BUSINESS RELATIONSHIPS TO CULTIVATE AND UNIFY THE BEAUFORT, SC AREA HOSPITALITY INDUSTRY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Lang Director | 2 | $0 | |
Jonathan Sullivan Chairman | 2 | $0 | |
Julius Tolbert Director | 2 | $0 | |
Jill Breaux Director | 2 | $0 | |
Claude Nash Dinkins Jr Director | 2 | $0 | |
Linda Miller Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,935 |
| Total Program Service Revenue | $87,624 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $117,559 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $66,752 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,987 |
| Total expenses | $102,739 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,847 |
| Other assets | $0 |
| Total assets | $43,847 |
| Total liabilities | $3,800 |
| Net assets or fund balances | $40,047 |
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