Network Of Executive Women In Hospitality Inc
- Assets
- $3.1m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 10
- Location
- Shawano, WI
- Founding
- 06/1993
- Data as of
- 12/2021
- EIN
- 95-4030150
Organization Overview
Network Of Executive Women In Hospitality Inc, operating under the name Newh Inc - National, is located in Shawano, WI. The organization was established in 1993. 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. As of 12/2021, Newh Inc - National employed 10 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Newh Inc - National is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Newh Inc - National generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION OF WOMEN IN HOSPITALITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL MEETINGS AND SEMINARS
MAGAZINES, NEWSLETTERS, MEMBERSHIP DIRECTORY & WEBSITE
SCHOLARSHIP AND RELATED EXPENSES
MEMBERSHIP DEVELOPMENT, TRAINING, SUPPORT AND EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelia Lohmiller Cheif Exc Of | Officer | 40 | $148,844 |
Sandy Banks Vp/finance | OfficerTrustee | 1 | $0 |
Deidre Schwartz Vp/education | OfficerTrustee | 1 | $0 |
Jonathan Young Vp/ir-United | OfficerTrustee | 1 | $0 |
Fernando Diaz Fasid Cid Secretary | OfficerTrustee | 1 | $0 |
Helen Reed Vp/communica | OfficerTrustee | 1 | $0 |
Financial Statements
| 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 | $139,093 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,093 |
| Total Program Service Revenue | $1,000,385 |
| Investment income | $449 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $583,798 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,723,725 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $141,900 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $486,074 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,680 |
| Payroll taxes | $45,295 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,320 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $52,215 |
| Advertising and promotion | $0 |
| Office expenses | $139,242 |
| Information technology | $45,861 |
| Royalties | $0 |
| Occupancy | $26,747 |
| Travel | $48,528 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $321,854 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,011 |
| All other expenses | $52,931 |
| Total functional expenses | $1,655,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,805,807 |
| Savings and temporary cash investments | $1,334,875 |
| 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 | $3,875 |
| Total assets | $3,144,557 |
| Accounts payable and accrued expenses | $9,040 |
| 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 | $9,040 |
| Net assets without donor restrictions | $3,135,517 |
| 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 | $3,144,557 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Network Of Executive Women In Hospitality Inc has recieved totaling $208.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $208 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |
Dane Buy Local Foundation Inc Madison, WI | $199,958 | $19,130,759 |
Society Of Corporate Compliance And Ethics & Health Care Compliance Eden Prairie, MN | $30,768,192 | $19,415,043 |
Appraisal Institute Chicago, IL | $29,125,581 | $19,187,200 |
American Massage Therapy Assn Evanston, IL | $43,659,958 | $20,082,192 |
National Roofing Contractors Association Rosemont, IL | $27,483,299 | $17,802,756 |
Leap Lansing, MI | $5,631,252 | $15,493,708 |
American Marketing Association Inc Chicago, IL | $9,741,723 | $15,191,106 |
Alliance For Audited Media Lisle, IL | $17,794,762 | $11,739,341 |
American Society Of Safety Professionals Park Ridge, IL | $23,941,077 | $16,437,200 |
Prestressed Concrete Institute Chicago, IL | $8,854,978 | $13,790,264 |
Asqexcellence Inc Milwaukee, WI | $6,648,120 | $11,915,494 |