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Nonprofiteer
← ASIAN AMERICAN HOTEL OWNERS ASSOCIATION

Form 990 for tax year 2024

Filed by ASIAN AMERICAN HOTEL OWNERS ASSOCIATION.

Totals

Total revenue
$17,307,425
Total expenses
$15,905,100
Contributions and grants received
$0
Grants paid
$372,167
Program service revenue
$12,969,041
Investment income
$679,821
Other revenue
$3,658,563
Total assets, end of year
$19,711,735
Total liabilities, end of year
$13,796,562
Net assets or fund balances, end of year
$5,915,173
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: CONVENTION AND REGIONAL MEETINGS

    total $8,408,184 · related or exempt $8,408,184

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $3,682,430 · related or exempt $3,682,430

  • 2c · Program service revenue: LIFETIME MEMBERSHIP

    total $878,427 · related or exempt $878,427

  • 3 · Investment income

    total $679,821 · excluded $679,821

  • 5 · Royalties

    total $3,568,799 · unrelated business $162,099 · excluded $3,406,700

  • 11a · Other revenue: OTHER IMCOME

    total $89,764 · related or exempt $89,764

  • 11e · Other revenue, total

    $89,764

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $372,167

  • 5 · Compensation of officers, directors and key employees

    total $527,609

  • 7 · Other salaries and wages

    total $3,130,258

  • 8 · Pension plan contributions

    total $107,477

  • 9 · Other employee benefits

    total $225,652

  • 10 · Payroll taxes

    total $255,273

  • 11b · Fees: legal

    total $551,827

  • 11c · Fees: accounting

    total $171,810

  • 11d · Fees: lobbying

    total $318,173

  • 11g · Fees: other

    total $692,826

  • 13 · Office expenses

    total $83,997

  • 14 · Information technology

    total $110,379

  • 16 · Occupancy

    total $388,939

  • 17 · Travel

    total $970,510

  • 19 · Conferences, conventions and meetings

    total $6,895,760

  • 22 · Depreciation, depletion and amortization

    total $103,218

  • 23 · Insurance

    total $97,875

  • 24a · Other expenses: TAXES

    total $69,937

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $431,717

  • 24c · Other expenses: SOFTWARE LICENSES

    total $252,789

  • 24d · Other expenses: CREDIT CARD CHARGES

    total $96,585

  • 24e · All other expenses

    total $50,322

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,659,702 · end of year $1,831,577

  • 4 · Accounts receivable

    beginning of year $1,326,017 · end of year $721,123

  • 9 · Prepaid expenses and deferred charges

    beginning of year $135,293 · end of year $649,943

  • 10a · Land, buildings and equipment: cost or other basis

    $1,691,441

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,443,899

  • 10c · Land, buildings and equipment, net

    beginning of year $350,506 · end of year $247,542

  • 11 · Investments: publicly traded securities

    beginning of year $14,748,282 · end of year $13,927,882

  • 12 · Investments: other securities

    beginning of year $0 · end of year $1,000,000

  • 14 · Intangible assets

    beginning of year $0 · end of year $824,760

  • 15 · Other assets

    beginning of year $862,442 · end of year $508,908

  • 17 · Accounts payable and accrued expenses

    beginning of year $484,293 · end of year $813,252

  • 19 · Deferred revenue

    beginning of year $10,425,253 · end of year $12,313,036

  • 25 · Other liabilities

    beginning of year $1,113,068 · end of year $670,274

  • 27 · Net assets without donor restrictions

    beginning of year $8,059,628 · end of year $5,915,173

Mission and programs · 2024

Mission

AAHOA'S MISSION IS TO ADVANCE AND PROTECT THE BUSINESS INTERESTS OF HOTEL OWNERS THROUGH ADVOCACY, INDUSTRY LEADERSHIP, PROFESSIONAL DEVELOPMENT, MEMBER BENEFIT, AND COMMUNITY ENGAGEMENT.

Activities or mission (Part I)

AAHOA'S MISSION IS TO ADVANCE AND PROTECT THE BUSINESS INTERESTS OF HOTEL OWNERS THROUGH ADVOCACY,

  • AAHOA ORGANIZES ONE OF THE LARGEST AND MOST INFLUENTIAL CONFERENCES AND TRADE SHOWS IN THE COUNTRY, PROVIDING EDUCATION, INDUSTRY UPDATES, NETWORKING, AND ACCESS TO VENDOR PARTNERS.

  • AAHOA ORGANIZES AND SUPPORTS REGIONAL AND TOWN HALL MEETINGS TO HELP HOTEL OWNERS ACCESS LOCALLY THE BENEFITS OF ASSOCIATION MEMBERSHIP, INCLUDING EDUCATION, INDUSTRY UPDATES, NETWORKING, AND ACCESS TO VENDOR PARTNERS.

  • AAHOA HAS AN INNOVATIVE EDUCATIONAL SEMINAR PROGRAM THAT INCLUDES FEATURES SUCH AS E-LEARNING AND A CERTIFICATE IN HOTEL OWNERSHIP [READ: NOT A CERTIFICATION PROGRAM]

As filed on the 2024 return.

Listed in Part VII

  • MIRAJ S PATEL MBA CHO CHIA

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • KAMALESH KP PATEL

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • RAHUL PATEL

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • PINAL PATEL

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • BHARAT PATEL CHIA

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    2

  • SANJAY M PATEL

    ALABAMA REGIONAL DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHINTU DANNY MAGAN

    ARKANSAS REGIONAL DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • VIRAL PATEL

    CENTRAL MIDWEST REGIONAL D

    Total calculated
    $0
    Hours/week
    1

  • CHETAN CHRIS PATEL

    FLORIDA REGIONAL DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JAYESH PATEL

    NORTH FLORIDA REGIONAL DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • VIK ZAVER

    GEORGIA REGIONAL DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • VIMAL PATEL

    GULF REGIONAL DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NARESH D BHAKTA

    GLAA REGIONAL DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MAHENDRA MZ PATEL

    MID ATLANTIC REGIONAL DIRE

    Total calculated
    $0
    Hours/week
    1

  • AJAY PATEL

    MID-SOUTH REGIONAL DIRECTO

    Total calculated
    $0
    Hours/week
    1

  • PINKESH PATEL

    NORTH CAROLINA REGIONAL DI

    Total calculated
    $0
    Hours/week
    1

  • BHAVESH PATEL

    NORTH CENTRAL REGIONAL DIR

    Total calculated
    $0
    Hours/week
    1

  • ANKIT PANCHAL

    NORTH PACIFIC REGIONAL DIR

    Total calculated
    $0
    Hours/week
    1

  • DHIREN MASTERS

    NORTH TEXAS REGIONAL DIREC

    Total calculated
    $0
    Hours/week
    1

  • PREYAS PATEL

    NORTHEAST REGIONAL DIRECTO

    Total calculated
    $0
    Hours/week
    1

  • TARAN PATEL

    NORTHWEST REGIONAL DIRECTO

    Total calculated
    $0
    Hours/week
    1

  • VIKASH K PATEL

    SOUTH CENTRAL TEXAS REGION

    Total calculated
    $0
    Hours/week
    1

  • FENIL DESAI

    SOUTH CAROLINA REGIONAL DI

    Total calculated
    $0
    Hours/week
    1

  • NILESH BHAKTA

    SOUTH PACIFIC REGIONAL DIR

    Total calculated
    $0
    Hours/week
    1

  • BHAVIK PATEL

    SOUTHEAST TEXAS REGIONAL D

    Total calculated
    $0
    Hours/week
    1

  • DHARMESH AHIR

    SOUTHWEST REGIONAL DIRECTO

    Total calculated
    $0
    Hours/week
    1

  • KALPESH JOSHI

    UPPER MIDWEST REGIONAL DIR

    Total calculated
    $0
    Hours/week
    1

  • DEEPAK PATEL

    WASHINGTON D.C AREA REGION

    Total calculated
    $0
    Hours/week
    1

  • TANMAY PATEL

    YP DIRECTOR WESTERN DIVISI

    Total calculated
    $0
    Hours/week
    1

  • DYLAN PATEL

    YP DIRECTOR EASTERN DIVISI

    Total calculated
    $0
    Hours/week
    1

  • PURNIMA PATEL

    FEMALE DIRECTOR EASTERN DI

    Total calculated
    $0
    Hours/week
    1

  • SHETAL ZINA PATEL

    FEMALE DIRECTOR WESTERN DI

    Total calculated
    $0
    Hours/week
    1

  • AMIR AHMED

    INDUSTRY PARTNER

    Total calculated
    $0
    Hours/week
    1

  • KEVIN SLOAN

    INDUSTRY PARTNER

    Total calculated
    $0
    Hours/week
    1

  • ABRAHAM TIEH

    INDUSTRY PARTNER

    Total calculated
    $0
    Hours/week
    1

  • NILESH PATEL

    DAL EASTERN DIVISION

    Total calculated
    $0
    Hours/week
    1

  • NALIN NEIL PATEL

    DAL WESTERN DIVISION

    Total calculated
    $0
    Hours/week
    1

  • LAURA LEE BLAKE

    PRESIDENT AND CEO

    Total calculated
    $527,609
    From this org
    $485,337
    From related orgs
    $0
    Other
    $42,272
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $465,875
    Bonus
    $19,462
    Other
    $0
    Deferred
    $24,231
    Nontaxable benefits
    $18,041
    Filer's total
    $527,609

  • HEATHER CARNES

    EVP COMMUNICATIONS

    Total calculated
    $298,147
    From this org
    $263,404
    From related orgs
    $0
    Other
    $34,743
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $245,192
    Bonus
    $18,212
    Other
    $0
    Deferred
    $13,135
    Nontaxable benefits
    $21,608
    Filer's total
    $298,147

  • GEETIKA TANGRA

    VP MEMBERSHIP

    Total calculated
    $221,605
    From this org
    $191,663
    From related orgs
    $0
    Other
    $29,942
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,500
    Bonus
    $13,163
    Other
    $0
    Deferred
    $8,334
    Nontaxable benefits
    $21,608
    Filer's total
    $221,605

  • ALYSON COREY

    VP CONFERENCES

    Total calculated
    $174,335
    From this org
    $166,070
    From related orgs
    $0
    Other
    $8,265
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $138,300
    Bonus
    $27,770
    Other
    $0
    Deferred
    $8,265
    Nontaxable benefits
    $0
    Filer's total
    $174,335

  • FREDERICK THOMPSON

    SR FINANCE DIRECTOR - STRA

    Total calculated
    $164,905
    From this org
    $155,241
    From related orgs
    $0
    Other
    $9,664
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $143,143
    Bonus
    $12,098
    Other
    $0
    Deferred
    $2,526
    Nontaxable benefits
    $7,138
    Filer's total
    $164,905

  • DENNIS J SMITH

    EVP BUSINESS DEVELOPMENT

    Total calculated
    $277,535
    From this org
    $249,910
    From related orgs
    $0
    Other
    $27,625
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,682
    Bonus
    $83,228
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $27,625
    Filer's total
    $277,535

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • AAHOA PAC

    527 · LOBBYING · VA · controlled entity

    Directly controlled by AAHOA

Provenance

Return type
form_990
Tax year
2024
Filed
25 November 2025
IRS schema version
2024v5.2
Source object
202513369349300121

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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