Taiwan Hotel & Motel Association Of North America is located in Houston, TX. 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. Taiwan Hotel & Motel Association Of North America 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 06/2022, Taiwan Hotel & Motel Association Of North America generated $16.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $2.0k during the year ending 06/2022. 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
CURRENT PLAN IS TO CONNECT KNOWN HOTEL OWNERS FROM COAST-TO-COAST. ORGANIZATION ACTIVITIES INCLUDED, BUT NOT LIMITED TO, THE FOLLOWINGS:* PERIODIC MEETINGS BY THE BOARD OF DIRECTORS TO PLAN AND ORGANIZE ANNUAL AGENDA AND MEMBER ACTIVITIES.* PERIODIC WORKSHOPS AND SEMINARS FOR THE MEMBERS TO STAY UP-TO-DATE ON INDUSTRY NEWS AND REGULATORY CHANGES.* ANNUAL GATHERINGS TO PROMOTE MEMBER RELATIONSHIP AND SHARE TRADE INFORMATION.* TO PROMOTE CHARITABLE EVENTS AND FUNDRAISES TO HELP THOSE IN NEEDS AND UPLIFT SOCIAL AWARENESS.ACTIVITIES AND EVENTS WILL BE COORDINATED BY THE BOARD OF DIRECTORS DURING ITS MEETINGS, AND EXECUTED THROUGHOUT EACH FISCAL YEAR. MEETING LOCATIONS WILL ROTATE WITHIN THE NORTH AMERICA GEOGRAPHIC REGIONS, WHICH WOULD INCLUDE TOURS OF LOCAL HOTELS TO LEARN VARIOUS OPERATIONS BY REGIONS AND CULTURE DIFFERENCES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chin Liang Chen President | 5 | $0 | |
Yi Chung Ho Secretary | 5 | $0 | |
Kevin Tsay Vice President | 5 | $0 | |
Chris Chang Vice President | 5 | $0 | |
Jung Hsung Chang Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $16,300 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $16,300 |
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 | $1,500 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $529 |
Total expenses | $2,029 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $27,007 |
Other assets | $0 |
Total assets | $27,007 |
Total liabilities | $1,500 |
Net assets or fund balances | $25,507 |