Beaufort Area Hospitality Association Inc
- Assets
- $29.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beaufort, SC
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 82-5361976
Organization Overview
Beaufort Area Hospitality Association Inc is located in Beaufort, SC. The organization was established in 2019. 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. Beaufort Area Hospitality Association 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 12/2022, Beaufort Area Hospitality Association Inc generated $121.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $133.7k during the year ending 12/2022. While expenses have increased by 10.4% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
ADVOCACY, INNOVATIVE PROGRAMMING AND BUSINESS RELATIONSHIPS TO CULTIVATE AND UNIFY THE BEAUFORT, SC AREA HOSPITALITY INDUSTRY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Sullivan Chairman | 0 | $0 | |
Vimal Desai Vice Chairma | 0 | $0 | |
Nick Borreggine Secretary/tr | 0 | $0 | |
Jill Breaux Director | 0 | $0 | |
Claude Nash Dinkins Jr Director | 0 | $0 | |
Esther Shaver Harnett Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,684 |
| Total Program Service Revenue | $108,523 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $121,207 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,642 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $121,089 |
| Total expenses | $133,731 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,577 |
| Other assets | $0 |
| Total assets | $29,577 |
| Total liabilities | $2,055 |
| Net assets or fund balances | $27,522 |