Greater Charlotte Hospitality & Tourism Alliance ALLIANCE is located in Charlotte, NC. As of 12/2023, Greater Charlotte Hospitality & Tourism Alliance ALLIANCE employed 3 individuals. Greater Charlotte Hospitality & Tourism Alliance ALLIANCE 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, Greater Charlotte Hospitality & Tourism Alliance ALLIANCE generated $803.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $798.1k during the year ending 12/2023. While expenses have increased by 1.5% 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
PROMOTE, PROTECT, AND SERVE THE INTERESTS OF THE HOSPITALITY & TOURISM INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELPING MEMBERS GROW THEIR BUSINESS - RELENTLESSLY FOCUS ON INCREASING BUSINESS OPPORTUNITIES FOR MEMBERS, ENHANCING HTA'S MEMBERSHIP VALUE AND MAKING THE ORGANIZATION A MAJOR RESOURCE, ADVOCATE AND PARTNER FOR MEMBERS. - CONTINUE MAKING MEMBERSHIP MEETINGS AND EVENTS THE BEST IN THE CAROLINAS AND BEYOND TOURISM AND ECONOMIC DEVELOPMENT PROJECTS - ASSISTING MEMBERS WITH MAXIMIZING THEIR BUISNESS OPPORTUNITIES AND ADDRESSING THEIR CHALLENGES - CONTINUOUS BUILDING AND ENHANCING OF RELATIONSHIPS WITH DECISION MAKERS WHOSE INDUSTRY KNOWLEDGE, SUPPORT AND ACTIVE ENGAGEMENT ARE CRITICAL TO GROWING OUR REGION'S HOSPITALITY AND TOURISM INDUSTRY. - CONTINUOUSLY WORKING WITH THE CHARLOTTE REGIONAL VISITORS AUTHORITY (CRVA) TO PROVIDE THEM WITH REQUIRED TOOLS TO ATTRACT MORE VISITORS TO THE CHARLOTTE AREA, AND MEETING INDUSTRY'S OVERALL EXPECTATIONS OF ANNUAL COUNTY-WIDE ROOM REVENUES, FOOD & BEVERAGE REVENUES AND CAR RENTAL REVENUES. - LEADING EFFORTS AND WORKING WITH THE CRVA, CITY, COUNTY, MECKLENBURG TOWNS, ADJACENT COUNTIES AND PRIVATE DEVELOPERS TO DEVELOP THE FOLLOWING FACILITIES, WHICH ARE REQUIRED FOR OUR REGION TO ATTRACT MAJOR REGIONAL, STATEWIDE AND NATIONAL AMATEUR SPORTING EVENTS. 1. A PREMIER SPORTS COMPLEX (15 SOCCER FIELDS AND CHAMPIONSHIP-CALIBER SEATING) AND REGIONAL PARK IN MATTHEWS. (FIRST PHASE OF THIS $40 MILLION PLUS COMPLEX OPENED IN MAY 2013) 2. A PREMIER INDOOR AMATEUR SPORTS COMPLEX (15 BASKETBALL COURTS IN SIZE) 3. A PREMIER TOURNAMENT QUALITY TENNIS COMPLEX FOR MAJOR AMATEUR, PRO AND SENIOR TENNIS TOURNAMENTS (20 PLUS TENNIS COURTS AND A CHAMPIONSHIP STADIUM) 4. A PREMIER BASEBALL COMPLEX (15 BASEBALL FIELDS AND CHAMPIONSHIP-CALIBER SEATING) 5. A PREMIERE OLYMPIC STYLE AQUATIC COMPLEX 6. A PREMIER SOFTBALL COMPLEX (15 SOFTBALL FIELDS AND CHAMPIONSHIP-CALIBER SEATING) - LEADING AND PROACTIVE INVOLVEMENT IN: - ENHANCING THE CHARLOTTE AREA'S CURRENT MAJOR CONVENTIONS AND TOURISM-RELATED EVENTS - PURSUING NEW MAJOR EVENTS TO INCLUDE A MAJOR "LABOR DAY COLLEGE FOOTBALL GAME", A COLLEGE BASEBALL TOURNAMENT, ANNUAL MAJOR INTERNATIONAL SOCCER GAMES & TOURNAMENTS, 2017 NBA ALL-STAR GAME, PAN-AM GAMES, 2024 SUMMER OLYMPICS, SUPER BOWL, 2020 REPUBLICAN OR DEMOCRATIC NATIONAL CONVENTION AND MEGA TOURISM-RELATED EVENTS AT THE CAROLINA PANTHERS' STADIUM - MAKING CHARLOTTE THE PERMANENT HOME FOR "ACC FOOTBALL CHAMPIONSHIP GAME" - MAKING OUR CAROLINAS AVIATION MUSEUM (THE HOME OF USAIRWAYS' FLIGHT 1549 / "MIRACLE ON THE HUDSON") ONE OF THE BEST AVIATION MUSEUMS IN THE NATION - MAXIMUM PROMOTION OF OUR REGION'S VAST ATTRACTIONS AND TOURISM RELATED VENUES TO ATTRACT MORE VISITORS III.COMMUNITY & REGION-WIDE INITIATIVES COMMUNITY & REGION-WIDE INITIATIVE - ACTIVE INVOLVEMENT IN: - MAKING CHARLOTTE A BETTER PLACE TO LIVE, WORK, PLAY AND VISIT BY MAKING IT A MORE HOSPITALITY AND VISITOR FRIENDLY CITY - AIRPORT MASTER EXPANSION, DEVELOPMENTS AND IMPROVEMENTS - PUBLIC TRANSPORTATION, TAXICABS, LIMOS, ETC. - ESTABLISHMENT OF A MEDICAL SCHOOL IN CHARLOTTE, REGION'S PURSUIT OF BECOMING A MAJOR ENERGY HUB, MAJOR OFFICE PARK DEVELOPMENTS, CORPORATE RELOCATIONS - CHARITABLE PROJECTS (DINE OUT FOR KIDS, HOMELESS ISSUES, NO KID HUNGRY, ETC.)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Past Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $724,252 |
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 | $78,877 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $803,129 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $413,636 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $137,069 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $70,603 |
Payroll taxes | $28,339 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $44,687 |
Advertising and promotion | $0 |
Office expenses | $18,937 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $31,631 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $31,997 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $798,115 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $207,617 |
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 | $207,617 |
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 | $207,617 |
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 | $207,617 |