Hospitality Alliance Of Central Florida Inc is located in Orlando, FL. 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. Hospitality Alliance Of Central Florida 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 09/2023, Hospitality Alliance Of Central Florida Inc generated $86.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $87.4k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (12.3%) per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
ADVOCATE -ORGANIZATION WILL INFLUENCE LOCAL POLICY AND PROGRAMMING DECISIONS AND EFFORTS. LOBBY -ORGANIZATION WILL MAKE REQUESTS ON BEHALF OF THE GREATER LOCAL AND SOCIAL INDUSTRY TO GOVERNING AUTHORITIES. PUBLIC RELATIONS -ORGANIZATION WILL BUILD POSTIVIE BRAND AWARENESS FOR THE LOCAL AND SOCIAL INDUSTRY. CONNECT -ORGANIZATION WILL BRING ABOUT CREATIVE PARTNERSHIPS THAT CONNECTS MEMBERS TO HELPFUL RESOURCES, OFFER EDUCATION AND TRAINING OPPORTUNITIES. COMMUNICATE/SHARE-ORGANIZATION WILL BE A ONE-STOP SHOP FOR HELPFUL RESOURCES AND NEED-TO-KNOW INFORMATION. PROMOTE -ORGANIZATION WILL HOST EVENTS AND BRING INDUSTRY PROFESSIONALS TOGETHER TO COLLABORATE AND INCUBATE NEW BUSINESS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeffrey Gitto Director | 1 | $0 | |
Despina Mclaughlin Director | 1 | $0 | |
Kathleen Magrudar Director | 1 | $0 | |
Dominique Greco Executive Director | 40 | $30,000 | |
Doug Taylor President | 1 | $0 | |
Hannah Courtelis Treasurer | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $86,067 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $86,067 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $30,000 |
Professional fees and other payments to independent contractors | $45,236 |
Occupancy, rent, utilities, and maintenance | $3,583 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $8,581 |
Total expenses | $87,400 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $8,408 |
Other assets | $0 |
Total assets | $8,408 |
Total liabilities | $3,871 |
Net assets or fund balances | $4,537 |