Indiana Hospitality & Tourism Foundation
- Assets
- $106.2k
- Revenue
- $236.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 04/1999
- Data as of
- 12/2020
- EIN
- 35-2052084
Organization Overview
Indiana Hospitality & Tourism Foundation is located in Indianapolis, IN. The organization was established in 1999. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, 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. Indiana Hospitality & Tourism Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
HELP EDUCATE AND TRAIN INDIVIDUALS FOR THE HOSPITALITY AND TOURISM INDUSTRY. PROVIDE EMERGENCY ASSISTANCE & HARDSHIP RELIEF PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE RELIEF GRANTS TO DISPLACED HOSPITALITY WORKERS
PROSTART PROVIDES CULINARY ARTS TO HIGH SCHOOL STUDENTS.
ADMINISTRATIVE EXPENSES TO ALLOW THE ORGANIZATION TO DIRECTLY ACCOMPLISH TASK RELATED THE ORGANIZATIONS MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Tamm President | Officer | 4 | $0 |
Kelly Ford Treasurer | Officer | 4 | $0 |
Rob Chinsky Vice Chairman | Officer | 4 | $0 |
Jim Dora Jr Chairman | Officer | 4 | $0 |
Tom Johnson Chief Financial Officer | Officer | 4 | $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 | $208,729 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $208,729 |
| Total Program Service Revenue | $27,894 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $236,623 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $155,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,574 |
| Fees for services: Accounting | $2,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $392 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $195,479 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,158 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Total assets | $106,158 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $106,158 |
| Total liabilities and net assets/fund balances | $106,158 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Indiana Hospitality & Tourism Foundation has recieved totaling $44,544.
| Awarding Organization | Amount |
|---|---|
The National Restaurant Association Educational Foundation Washington, DC PURPOSE: ProStart Program | $44,544 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cedar Street Charitable Foundation Inc Milwaukee, WI | $72,743,564 | $36,616,391 |
Access Ventures Inc Louisville, KY | $43,826,766 | $16,386,169 |
Mid-America Regional Council Community Services Corporation Kansas City, MO | $2,213,477 | $3,497,916 |
East Moline Public Library Foundation East Moline, IL | $757,119 | $745,684 |
Generating Income For Tomorrow Kansas City, MO | $295,787 | $1,133,745 |
Kc Air Show Charities Inc Kansas City, MO | $68,342 | $938,134 |
Heart Of America Redistribution Solutions And Support Sedalia, MO | $435,050 | $1,090,030 |
Thomas P And Sondra D Sheehan Charitable Foundation Fishers, IN | $5,927,664 | $430,035 |
Somernites Cruise Inc Somerset, KY | $278,191 | $306,421 |
Hannibal High School Booster Club Hannibal, MO | $67,316 | $0 |
Indiana Hospitality & Tourism Foundation Indianapolis, IN | $106,158 | $236,623 |
Thunder Cares Elgin, IL | $601 | $0 |