Network Of Executive Women In Hospitality Inc
- Assets
- $3.0m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 12
- Location
- Shawano, WI
- Founding
- 06/1993
- Data as of
- 12/2023
- EIN
- 95-4030150
Organization Overview
Network Of Executive Women In Hospitality Inc, operating under the name Newh Inc - National, is located in Shawano, WI. The organization was established in 1993. 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. As of 12/2023, Newh Inc - National employed 12 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Newh Inc - National 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 12/2023, Newh Inc - National generated $3.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $3.4m during the year ending 12/2023. While expenses have increased by 4.9% 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
EDUCATION OF WOMEN IN HOSPITALITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL MEETINGS AND SEMINARS
MEMBERSHIP DEVELOPMENT, TRAINING, SUPPORT AND EXPENSES
MAGAZINES, NEWSLETTERS, MEMBERSHIP DIRECTORY & WEBSITE
SCHOLARSHIP AND RELATED EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelia Lohmiller Cheif Exc Of | Officer | 40 | $165,957 |
Natasha Ashar Board Member | Trustee | 1 | $0 |
Sandy Banks Vp-Finance/p | OfficerTrustee | 1 | $0 |
Dallas Bentley Board Member | Trustee | 1 | $0 |
Lanee Burns Vp/eq, Inclu | OfficerTrustee | 1 | $0 |
Fernando Diaz Fasid Cid Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $270,812 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $270,812 |
| Total Program Service Revenue | $2,419,976 |
| Investment income | $27,569 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $812,563 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,530,920 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $169,500 |
| 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 | $794,043 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,045 |
| Payroll taxes | $61,407 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $78,166 |
| Fees for services: Accounting | $107,639 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $79,987 |
| Advertising and promotion | $0 |
| Office expenses | $258,841 |
| Information technology | $33,576 |
| Royalties | $0 |
| Occupancy | $36,894 |
| Travel | $287,408 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,107,454 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $19,737 |
| All other expenses | $67,719 |
| Total functional expenses | $3,380,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,555,086 |
| Savings and temporary cash investments | $1,425,578 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $85 |
| Total assets | $2,980,749 |
| Accounts payable and accrued expenses | $21,627 |
| 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 | $0 |
| Total liabilities | $21,627 |
| Net assets without donor restrictions | $2,959,122 |
| 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 | $2,980,749 |