Taiwan Hotel-Motel Association Of Southern California
- Assets
- $61.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- San Gabriel, CA
- Founding
- 04/1999
- Data as of
- 06/2022
- EIN
- 95-4643149
Organization Overview
Taiwan Hotel-Motel Association Of Southern California is located in San Gabriel, CA. The organization was established in 1999. 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. Taiwan Hotel-Motel Association Of Southern California 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 06/2022, Taiwan Hotel-Motel Association Of Southern California generated $78.1k 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 (9.1%) each year. All expenses for the organization totaled $93.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION SERVED ABOUT 300 MEMBERS BY PROVIDING THE SEMINAR AND TRAINING COURSES THROUGH THE YEAR. THE ASSOCIATION PUBLISHED "HOTEL & MOTEL JOURNALX AND MAILED TO ALL MEMBERS AND OTHER NON-MEMBERS FOR ABOUT 500 COPIES QUARTERLY. THERE IS AN ANNUAL CONVENTION PARTY FOR THE FUND RAISING PURPOSE AND GOLF TOURNAMENT FOR ALL OF THE MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael C Wang President | 10 | $0 | |
Terry Lee Chairman | 10 | $0 | |
Wilson Wang Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,500 |
| Total Program Service Revenue | $56,400 |
| Membership dues | $7,210 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,110 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $46,814 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,155 |
| Total expenses | $92,969 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,691 |
| Other assets | $0 |
| Total assets | $61,223 |
| Total liabilities | $3,929 |
| Net assets or fund balances | $57,294 |