Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $797,046

• 1f · All other contributions, gifts and grants

  $1,653,336

• 2a · Program service revenue: MEETINGS

  total $811,775 · related or exempt $811,775

• 3 · Investment income

  total $636,201 · excluded $636,201

• 7a · Gross sales of assets other than inventory

  securities $9,402,870

• 7b · Less cost or other basis and sales expenses

  securities $7,729,162

• 7c · Gain or loss

  securities $1,673,708

• 7d · Net gain or loss

  total $1,673,708 · excluded $1,673,708

• 8a · Fundraising events: gross income

  $787,283

• 8a · Fundraising events: contributions included on line 1c

  $797,046

• 8b · Fundraising events: direct expenses

  $907,629

• 8c · Net income from fundraising events

  total -$120,346 · excluded -$120,346

• 11a · Other revenue: MEETING REFUND

  total $17,444 · related or exempt $17,444

• 11e · Other revenue, total

  $17,444

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,751,797 · program services $1,751,797

• 2 · Grants to domestic individuals

  total $903,417 · program services $903,417

• 7 · Other salaries and wages

  total $1,929,379 · program services $1,427,215 · management and general $372,948 · fundraising $129,216

• 8 · Pension plan contributions

  total $76,597 · program services $56,661 · management and general $14,806 · fundraising $5,130

• 9 · Other employee benefits

  total $223,427 · program services $165,275 · management and general $43,188 · fundraising $14,964

• 10 · Payroll taxes

  total $128,411 · program services $94,989 · management and general $24,822 · fundraising $8,600

• 11c · Fees: accounting

  total $93,197 · management and general $93,197

• 11f · Fees: investment management

  total $86,871 · management and general $86,871

• 11g · Fees: other

  total $398,733 · program services $255,899 · management and general $130,929 · fundraising $11,905

• 12 · Advertising and promotion

  total $226,277 · program services $128,533 · management and general $91,246 · fundraising $6,498

• 13 · Office expenses

  total $383,661 · program services $253,874 · management and general $94,565 · fundraising $35,222

• 16 · Occupancy

  total $24,695 · management and general $24,695

• 17 · Travel

  total $267,616 · program services $75,915 · management and general $157,046 · fundraising $34,655

• 19 · Conferences, conventions and meetings

  total $918,108 · program services $872,851 · management and general $27,443 · fundraising $17,814

• 22 · Depreciation, depletion and amortization

  total $58,608 · program services $19,864 · management and general $38,744

• 24a · Other expenses: SHARED SERVICE ALLOCATI

  total $336,120 · program services $20,526 · management and general $174,277 · fundraising $141,317

• 24b · Other expenses: UNCOLLECTIBLE PLEDGES

  total $41,012 · management and general $41,012

• 24c · Other expenses: OVERHEAD ALLOCATION

  total $0 · program services $101,912 · management and general -$112,688 · fundraising $10,776

• 24e · All other expenses

  total $8,877 · management and general $4,281 · fundraising $4,596

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $300,000 · end of year $1,496,008

• 2 · Savings and temporary cash investments

  beginning of year $1,306,654 · end of year $863,790

• 3 · Pledges and grants receivable

  beginning of year $2,499,622 · end of year $1,785,813

• 4 · Accounts receivable

  beginning of year $65,230

• 9 · Prepaid expenses and deferred charges

  beginning of year $755,811 · end of year $559,572

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

  $6,500

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

  $6,500

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $28,318,877 · end of year $27,132,662

• 14 · Intangible assets

  beginning of year $106,609 · end of year $64,502

• 17 · Accounts payable and accrued expenses

  beginning of year $478,647 · end of year $241,395

• 19 · Deferred revenue

  beginning of year $39,650

• 25 · Other liabilities

  beginning of year $157,869 · end of year $519,287

• 27 · Net assets without donor restrictions

  beginning of year $17,207,383 · end of year $16,098,663

• 28 · Net assets with donor restrictions

  beginning of year $15,469,254 · end of year $15,043,002

The filer's explanations (Part III)

PART I, LINE 3

THE AHLA FOUNDATION DOES NOT PROVIDE ANY COMPENSATION TO THE TOP MANAGEMENT OFFICIAL, ALL COMPENSATION REPORTED ON SCHEDULE J, PART II AS WELL AS THE COMPENSATION REVIEW PRACTICES ARE HANDLED BY THE AMERICAN HOTEL & LODGING ASSOCIATION (AHLA), A RELATED TAX-EXEMPT ORGANIZATION. AHLA'S COMPENSATION REVIEW INCLUDES BUT IS NOT LIMITED TO THE FOLLOWING: COMPENSATION SURVEY/STUDY AND APPROVAL BY THE BOARD AND COMPENSATION COMMITTEE.

PART I, LINES 4A-B

THE CEO RECEIVED A SEVERANCE PAYMENT FROM AHLA IN THE AMOUNT OF $1,000,000 THIS IS INCLUDED ON SCHEDULE J PART II COLUMN B(III). THE COO RECEIVED A CONTRIBUTION FROM AHLA IN THE AMOUNT OF $35,000 TO A NON-QUALIFIED RETIREMENT PLAN. THIS IS INCLUDED ON SCHEDULE J PART II COLUMN C.