Southern Innkeeper Assoc Inc is located in Raleigh, NC. The organization was established in 1984. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Southern Innkeeper Assoc Inc 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 12/2023, Southern Innkeeper Assoc Inc generated $113.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $77.6k during the year ending 12/2023. While expenses have increased by 9.3% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
INFORMATION IS AVAILABLE DURING THE YEAR TO ASSIST MEMBERS. AN ANNUAL MEETING IS HELD TO UPDATE MEMBERS ON ACTIVITIES WITHIN THE INDUSTRY AND TO DISCUSS PROBLEMS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Brent Cross President | 0 | $0 | |
| John Luckett Vice Preside | 0 | $0 | |
| Vijay Singh Vice Preside | 0 | $0 | |
| David Mars President El | 0 | $0 | |
| Richard Delany Past Preside | 0 | $0 | |
| Wynn Salisch Allied Rep | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $53,764 | 
| Membership dues | $59,575 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $113,339 | 
| 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 | $19,459 | 
| Occupancy, rent, utilities, and maintenance | $1,592 | 
| Printing, publications, postage, and shipping | $198 | 
| Other expenses | $53,841 | 
| Total expenses | $77,590 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $174,435 | 
| Other assets | $0 | 
| Total assets | $183,524 | 
| Total liabilities | $31,621 | 
| Net assets or fund balances | $151,903 |