The Arizona Lodging & Tourism Association
- Assets
- $1.4m
- Revenue
- $910.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Phoenix, AZ
- Founding
- 07/1973
- Data as of
- 12/2021
- EIN
- 86-0003185
Organization Overview
The Arizona Lodging & Tourism Association is located in Phoenix, AZ. The organization was established in 1973. 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. As of 12/2021, Arizona Lodging & Tourism Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona Lodging & Tourism 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 12/2021, Arizona Lodging & Tourism Association generated $910.3k 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 (3.0%) each year. All expenses for the organization totaled $813.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCES THE INTERESTS OF THE LODGING AND TOURISM INDUSTRY AT THE STATE AND NATIONAL LEVELS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARIZONA LODGING TOURISM ASSOCIATION AZLTA SERVES NEARLY 500 STATEWIDE INDUSTRY MEMBER BUSINESSES IN SUPPORT OF THE 300,000 INDUSTRY JOBS IN ARIZONA. WE HELPED ADVOCATE FOR LEGISLATION TO CREATE CRITICAL REPORT AND CURE PERIODS PROTECTING BUSINESSES FROM FRIVOLOUS LAWSUITS. WE CHAMPIONED A STRONGER DEFINITION IN STATE LAW RELATED TO OWNERS, MANAGERS AND FRANCHISORS. WE ALSO ESTABLISHED AND IMPLEMENTED THE FIRST EVER HOSPITALITY MANAGEMENT REGISTERED APPRENTICESHIP PROGRAM IN ARIZONA TO UP-SKILL TALENTED INDIVIDUALS ON A CAREER PATH WITHIN THE LODGING AND TOURISM INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Sabow President CEO | Officer | 40 | $221,000 |
Brent Deraad Chairman | OfficerTrustee | 0.25 | $0 |
Dan Rama Vice-Chair Of Membership | OfficerTrustee | 0.25 | $0 |
Greg Miller Vice-Chair Of Finance | OfficerTrustee | 0.25 | $0 |
Joseph Hughes Vice-Chair Of Government Affairs | OfficerTrustee | 0.25 | $0 |
Bill Nassikas Vice-Chair Of Events | OfficerTrustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $96,711 |
| All other contributions, gifts, grants, and similar amounts not included above | $153,299 |
| Noncash contributions included in lines 1a–1f | $3,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $250,010 |
| Total Program Service Revenue | $637,034 |
| Investment income | $9,085 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $15,207 |
| Net Gain/Loss on Asset Sales | -$1,073 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $910,263 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,500 |
| 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. | $250,054 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $156,297 |
| Pension plan accruals and contributions | $4,516 |
| Other employee benefits | $17,704 |
| Payroll taxes | $39,207 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,058 |
| Fees for services: Accounting | $27,450 |
| Fees for services: Lobbying | $100 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,367 |
| Fees for services: Other | $66,520 |
| Advertising and promotion | $6,947 |
| Office expenses | $34,823 |
| Information technology | $35,503 |
| Royalties | $0 |
| Occupancy | $19,303 |
| Travel | $10,501 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $75,538 |
| Interest | $11,238 |
| Payments to affiliates | $15,550 |
| Depreciation, depletion, and amortization | $16,715 |
| Insurance | $1,953 |
| All other expenses | $0 |
| Total functional expenses | $813,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $139,469 |
| Savings and temporary cash investments | $512,436 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $121,935 |
| 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 | $15,721 |
| Net Land, buildings, and equipment | $244,306 |
| Investments—publicly traded securities | $321,119 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,354,986 |
| Accounts payable and accrued expenses | $70,119 |
| Grants payable | $0 |
| Deferred revenue | $10,000 |
| 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 | $155,920 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,345 |
| Total liabilities | $239,384 |
| Net assets without donor restrictions | $1,115,602 |
| 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 | $1,354,986 |
Grants Awarded
Over the last fiscal year, The Arizona Lodging & Tourism Association has awarded $30,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Phoenix, AZ PURPOSE: Tourism Program Support | $22,000 |
Phoenix, AZ PURPOSE: Tourism Program Support | $7,500 |
OTHERS UNDER 5K EACH PURPOSE: Tourism Program Support | $1,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Arizona Lodging & Tourism Association has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
The Thunderbirds Phoenix, AZ PURPOSE: COMMUNITY SERVICE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Diego Convention And Tourist Bureau San Diego, CA | $10,248,135 | $28,266,235 |
Cdc Small Business Finance Corp San Diego, CA | $123,395,668 | $31,738,512 |
Mission Economic Development Agency San Francisco, CA | $193,556,070 | $20,206,962 |
San Francisco Travel Association San Francisco, CA | $17,687,275 | $15,738,684 |
Citadel Economic Development Corporation San Bernardino, CA | $7,215,242 | $16,438,545 |
Visit Salt Lake Salt Lake City, UT | $7,092,794 | $14,927,768 |
Greater Phoenix Convention & Visitors Bureau Phoenix, AZ | $19,191,750 | $16,242,591 |
Long Beach Area Convention And Visitors Bureau Inc Long Beach, CA | $4,784,571 | $9,189,036 |
San Luis Obispo Visitors & Conference Bureau Incorporated San Luis Obispo, CA | $7,302,521 | $9,818,447 |
Smcu Community Fund Redwood City, CA | $1,513,371 | $6,964,137 |
Greater Phoenix Economic Council Phoenix, AZ | $6,926,984 | $7,545,492 |
Santa Monica Travel & Tourism Santa Monica, CA | $2,868,308 | $7,126,411 |