North Carolina Hospitality Alliance
- Assets
- $48.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 12/2019
- Data as of
- 12/2023
- EIN
- 83-2830052
Organization Overview
North Carolina Hospitality Alliance is located in Raleigh, NC. The organization was established in 2019. 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. North Carolina Hospitality Alliance is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, North Carolina Hospitality Alliance generated $134.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $128.0k during the year ending 12/2023. While expenses have increased by 7.6% per year over the past 5 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
PARTICIPATED IN AND WORKED WITH SEVERAL STATE & LOCAL GROUPS TO PROMOTE & PROTECT TRAVEL & TOURISM IN NC AND IN OUR COUNTIES & MUNICIPALITIES INCLUDING RALEIGH CONVENTION CENTER COMMISSION, CENTENNIAL AUTHORITY, NC TRAVEL & TOURISM COALITION, NC TRAVEL & TOURISM BOARD, EDPNC/VISIT NC, GRCVB, AND THE WAKE COUNTY HOSPITALITY ALLIANCE ON ISSUES INCLUDING SCHOOL CALENDAR, OCCUPANCY TAXES, TOURISM FUNDING. SOME SPECIFIC ITEMS INCLUDE: PARTICIPATED IN WAKE COUNTY TOURISM TAX REVIEW TEAM GUIDING THE COUNTY AND CITY MANAGERS AND ELECTED OFFICIALS IN PROJECTIONS, BUDGETS, USES AND OTHER ISSUES REGARDING OCCUPANCY AND FOOD & BEVERAGE TAXES. WORKED WITH SEVERAL COMMUNITIES, LIKE NEW HANOVER COUNTY, TO PREVENT THOSE COMMUNITIES FROM LOSING THE ECONOMIC BENEFITS, SUCH AS JOBS & TAX REVENUES, OF THE EXTRA WEEKS OF SUMMER TOURISM BY STARTING SCHOOL EARLIER IN THE YEAR.WAKE COUNTY HOSPITALITY ALLIANCE MET WITH SEVERAL COMMUNITY LEADERS EDUCATING THEM ON THE BENEFITS OF A ROBUST TOURISM INDUSTRY AND DISCUSSING WAYS WE CAN WORK TOGETHER TO INCREASE THOSE BENEFITS FOR THE GOOD OF THE COMMUNITY.CREATED WEBSITE, SOCIAL MEDIA AND NEWSLETTERS TO KEEP OUR PARTICIPANTS AND INTERESTED PARTIES INFORMED AND EDUCATED ON EVENTS AND ISSUES RELATING TO OUR STATE'S TOURISM INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Fuller President | 1 | $0 | |
O Rolf Blizzard Vice President, Director | 1 | $0 | |
R Doyle Parrish Treasurer, Director | 1 | $0 | |
Jay Mahan Secretary, Director | 1 | $0 | |
Bob Rippy Director | 1 | $0 | |
Cyndi Tomblin Assistant Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $134,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $134,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $74,964 |
| Professional fees and other payments to independent contractors | $39,188 |
| Occupancy, rent, utilities, and maintenance | $10,279 |
| Printing, publications, postage, and shipping | $52 |
| Other expenses | $3,506 |
| Total expenses | $127,989 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,588 |
| Other assets | $0 |
| Total assets | $48,838 |
| Total liabilities | $0 |
| Net assets or fund balances | $48,838 |