South Dakota Hotel & Lodging Association
- Assets
- $52.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pierre, SD
- Founding
- 04/1971
- Data as of
- 12/2021
- EIN
- 46-0310469
Organization Overview
South Dakota Hotel & Lodging Association is located in Pierre, SD. The organization was established in 1971. 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. South Dakota Hotel & Lodging 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, South Dakota Hotel & Lodging Association generated $30.7k 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 (10.0%) each year. All expenses for the organization totaled $45.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 years. 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
PROMOTED TRAVEL & TOURISM INDUSTRY IN SOUTH DAKOTA, INCLUDING EFFORTS TO MAINTAIN FAIR REGULATORY ENVIRONMENT. PROMOTE BUSINESS THROUGH WEBSITE AND PRINTED ANNUAL DIRECTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Galbraith Vice Preside | 1 | $0 | |
Deb Stanley President | 1 | $0 | |
Gavin Fawbush Treasurer | 1 | $0 | |
Jasper Diegel Executive Di | 20 | $0 | |
Craig Gill Director | 1 | $0 | |
Bill Folkerts Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $26,749 |
| Investment income | $37 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,871 |
| Total Revenue | $30,657 |
| 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 | $37,642 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $275 |
| Other expenses | $7,267 |
| Total expenses | $45,184 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,555 |
| Other assets | $0 |
| Total assets | $52,555 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,555 |
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