ASIAN AMERICAN HOTEL OWNERS ASSOCIATION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- ASIAN AMERICAN HOTEL OWNERS ASSOCIATION (EIN 58-1906959)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-15
- IRS object ID
- 201113199349303146
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-15T10:14:05-06:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRAZIER & DEETER LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 PEACHTREE STREET SUITE 1900 | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30308 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 581906959 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASIAN AMERICAN HOTEL OWNERS ASSOCIATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ASIA | NameControl |
| Phone | 4048165759 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7000 PEACHTREE DUNWOODY ROAD NE NO | AddressLine1 |
| Address Line2 | BLDG 7 | AddressLine2 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30328 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | FRED SCHWARTZ | Name |
| Title | PRESIDENT | Title |
| Phone | 4048165759 | Phone |
| Date Signed | 2011-11-07 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | FRANK KIMLER | Name |
| Phone | 4042537500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | FRED SCHWARTZ | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7000 PEACHTREE DUNWOODY ROAD NE NO | AddressLine1 |
| Address Line2 | BLDG 7 | AddressLine2 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30328 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 6326066 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.AAHOA.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1990 | YearFormation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | AAHOA PROMOTES AND PROTECTS THE INTERESTS OF ITS MEMBERS BY INSPIRING EXCELLENCE THROUGH PROGRAMS AND INITIATIVES IN ADVOCACY, INDUSTRY LEADERSHIP, PROFESSIONAL DEVELOPMENT, MEMBERSHIP BENEFITS, AND COMMUNITY INVOLVEMENT. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 35 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 35 | NbrIndependentVotingMembers |
| Total Nbr Employees | 13 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 119891 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 176019 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 4991001 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 4938492 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 209788 | InvestmentIncomePriorYear |
| Investment Income Current Year | 137702 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 995879 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1237895 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 6196668 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6314089 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1133618 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1197651 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4742782 | OtherExpensePriorYear |
| Other Expenses Current Year | 5002817 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5876400 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6200468 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 320268 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 113621 | RevenuesLessExpensesCY |
| Total Assets BOY | 6281190 | TotalAssetsBOY |
| Total Assets EOY | 6410864 | TotalAssetsEOY |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 6281190 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 6410864 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | AAHOA PROMOTES AND PROTECTS THE INTERESTS OF ITS MEMBERS BY INSPIRING EXCELLENCE THROUGH PROGRAMS AND INITIATIVES IN ADVOCACY, INDUSTRY LEADERSHIP, PROFESSIONAL DEVELOPMENT, MEMBERSHIP BENEFITS, AND COMMUNITY INVOLVEMENT. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | ANNUAL CONFERENCE AND TRADE SHOW TO PROMOTE AND EDUCATE ASIAN AMERICANS IN THE HOTEL INDUSTRY. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | REGIONAL MEETINGS TO PROMOTE AND EDUCATE ASIAN AMERICANS IN THE HOTEL INDUSTRY. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | EDUCATIONAL SEMINARS TO PROMOTE AND EDUCATE ASIAN AMERICANS IN THE HOTEL INDUSTRY. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LEADERSHIP CONVENTION TO PROMOTE AND EDUCATE ASIAN AMERICANS IN THE HOTEL INDUSTRY. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 5 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 13 | NumberOfEmployees |
| Employment Tax Returns Filed | 0 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 35 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 35 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASIAN AMERICAN HOTEL OWNERS ASSOC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4048165759 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7000 PEACHTREE DUNWOODY ROAD NE | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30328 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (36 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| HEMANT D PATEL | |||||||
| CHAIRMAN | 3.00 | X | 0 | 0 | 0 | ||
| ALKESH R PATEL | |||||||
| VICE CHAIRMAN | 3.00 | X | 0 | 0 | 0 | ||
| MEHUL B PATEL | |||||||
| TREASURER, NORTH TEXAS REGIONAL DIRECTOR | 3.00 | X | 0 | 0 | 0 | ||
| PRATIK R PATEL | |||||||
| SECRETARY, SOUTH CENTRAL TEXAS REGIONAL DIRECTOR | 3.00 | X | 0 | 0 | 0 | ||
| CHANDRAKANT I PATEL | |||||||
| EX-OFFICIO | 8.00 | X | 0 | 0 | 0 | ||
| FRED SCHWARTZ | |||||||
| PRESIDENT | 45.00 | X | 234133 | 0 | 0 | X | X |
| CHANDRESH BRAHMBHATT | |||||||
| UPPER MIDWEST REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ARVIND G PATEL | |||||||
| NORTHWEST REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| BHAVESH B PATEL | |||||||
| MID EAST REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ANAND G PATEL | |||||||
| SOUTH PACIFIC REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DILIPKUMAR S PATEL | |||||||
| NORTH CENTRAL REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JAY PATEL | |||||||
| SOUTHEAST REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JAYESH R PATEL | |||||||
| NORTHEAST REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MITESH PATEL | |||||||
| SOUTH CAROLINA REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DINESH S RAMA | |||||||
| SOUTHWEST REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| NIMESH A ZAVER | |||||||
| GULF REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| SHAILENDRA N DEVDHARA | |||||||
| NORTH PACIFIC REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ATUL G PATEL | |||||||
| NORTH GEORGIA REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JAYEST PATEL | |||||||
| FLORIDA REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DHARMENDRA PATEL | |||||||
| WASHINGTON DISTRICT REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DIPAK N PATEL | |||||||
| SOUTHEAST TEXAS REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JAY R PATEL | |||||||
| NORTH CAROLINA REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| LAURA LEE BLAKE | |||||||
| VP OF FRANCHISING, GOV AFF | 40.00 | X | 163752 | 0 | 0 | X | |
| PARESH PATEL | |||||||
| CENTRAL MIDWEST REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RAMESH K PATEL | |||||||
| MID SOUTH REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JAY THAKOR | |||||||
| CENTRAL PACIFIC REGIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RAJESH BHAGIA | |||||||
| DIRECTOR AT LARGE | 1.00 | X | 0 | 0 | 0 | ||
| JAGRUTI PANWALA | |||||||
| FEMALE DIRECTOR AT LARGE, EASTERN DIVISION | 1.00 | X | 0 | 0 | 0 | ||
| HITESH PATEL | |||||||
| DIRECTOR AT LARGE | 1.00 | X | 0 | 0 | 0 | ||
| SHAILESH PATEL | |||||||
| DIRECTOR AT LARGE | 1.00 | X | 0 | 0 | 0 | ||
| FAHEEM KHAN | |||||||
| ALLIED DIRECTOR AT LARGE | 1.00 | X | 0 | 0 | 0 | ||
| SATISH GABHAWALA | |||||||
| DIRECTOR AT LARGE | 1.00 | X | 0 | 0 | 0 | ||
| BHARAT PATEL | |||||||
| DIRECTOR AT LARGE | 1.00 | X | 0 | 0 | 0 | ||
| KALPANA PATEL | |||||||
| FEMALE DIRECTOR AT LARGE, WESTERN DIVISION | 1.00 | X | 0 | 0 | 0 | ||
| DAVE PATEL | |||||||
| YOUNG PROFESSIONAL DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JAMES JENKINS | |||||||
| DIRECTOR OF BUSINESS DEVELOPMENT | 40.00 | X | 107590 | 0 | 0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 505475 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| AMERICAN EXPRESS | |||||
| PO BOX 650448 | DALLAS | TX | 752650448 | LODGING & TRAVEL | 441648 |
| KAPOOR & KAPOOR HOSPITALITY CONSULTANTS | |||||
| 41 N GARFIELD AVE SUITE 204 | ALHAMBRA | CA | 91801 | CONSULTING SERVICES | 357575 |
| METROPOLITAN PIER & EXPOSITION AUTHORITY | |||||
| 600 EAST GRAND AVENUE | CHICAGO | IL | 60611 | FOOD & CATERING FOR CONVENTION | 151337 |
| 999 ENTERPRISE | |||||
| 58 HILLCREST AVENUE | ISELIN | NJ | 088301525 | CONVENTION ENTERTAINMENT | 147007 |
| VENETIAN RESORT HOTEL CASINO | |||||
| 3355 LAS VEGAS BOULEVARD SOUTH | LAS VEGAS | NV | 89109 | CONVENTION SPACE | 135771 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| DUES AND SPONSORS | 721110 | 2221492 | 2221492 |
| ANNUAL CONVENTION | 721110 | 2122154 | 2122154 |
| REGIONAL MEETINGS | 721110 | 372330 | 372330 |
| LIFETIME MEMBERS | 721110 | 122516 | 122516 |
| EDUCATIONAL PROGRAMS | 721110 | 100000 | 100000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 4938492 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 149679 | TotalRevenueColumn |
| Exclusion | $149,679 | ExclusionAmount |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 11977 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -11977 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -11977 | TotalRevenueColumn |
| Related Or Exempt Function Income | -11977 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| ROYALTY INCOME EXCLUDE | 721110 | 1118004 | $1,118,004 | |
| OTHER REVENUE | 541800 | 119891 | 119891 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1237895 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6314089 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4926515 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 119891 | UnrelatedBusinessRevenue |
| Exclusion | $1,267,683 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 505475 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 619605 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72571 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31489 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43381 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 79094 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 99326 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27558 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 136951 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5195 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 134984 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2888797 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68035 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 163659 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| EDUCATIONAL PROGRAMS | 434222 |
| BOARD EXPENSES | 339159 |
| COMMUNICATIONS | 180478 |
| SPONORSHIPS | 128536 |
| TELEPHONE | 72549 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 169404 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6200468 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 691149 | BOY |
| EOY | 1237682 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4169454 | BOY |
| EOY | 3832828 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6963 | BOY |
| EOY | 7319 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1288853 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 409553 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 946472 | BOY |
| EOY | 879300 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 467152 | BOY |
| EOY | 453735 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6281190 | BOY |
| EOY | 6410864 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6281190 | BOY |
| EOY | 6410864 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6281190 | BOY |
| EOY | 6410864 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6281190 | BOY |
| EOY | 6410864 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 113621 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 16053 | ReconcilationOtherChanges |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 0 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 87120 | OtherCostOrOtherBasis |
| Book Value | 87120 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 704880 | OtherCostOrOtherBasis |
| Depreciation | 64411 | Depreciation |
| Book Value | 640469 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 166305 | OtherCostOrOtherBasis |
| Depreciation | 74578 | Depreciation |
| Book Value | 91727 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 330548 | OtherCostOrOtherBasis |
| Depreciation | 270564 | Depreciation |
| Book Value | 59984 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 879300 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NOTE RECEIVABLE | Description |
| Book Value | 453735 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 453735 | TotalBookValueOtherAssets |
| Total Revenue | 6314089 | TotalRevenue |
| Total Expenses | 6200468 | TotalExpenses |
| Excess Or Deficit For Year | 113621 | ExcessOrDeficitForYear |
| Other | $16,053 | OtherAmount |
| Total Adjustments | 16053 | TotalAdjustments |
| Excess Or Deficit Per FS | 129674 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 6330142 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 16053 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 16053 | RevenueNotRptdF990 |
| Revenue Subtotal | 6314089 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 6314089 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6210586 | TotExpensesEtcAuditedFinclStmt |
| Losses Reported | 10119 | LossesReported |
| Expenses Not Rptd F990 | 10119 | ExpensesNotRptdF990 |
| Expenses Subtotal | 6200467 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6200467 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART XI, LINE 8 - OTHER ADJUSTMENTS: | Identifier |
| Explanation | NON-DEDUCTIBLE UNREALIZED LOSS ON INVESTMENTS 16,053. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FRED SCHWARTZ | |||||||||||||
| 234133 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 234133 | 0 | 0 | 239450 |
| LAURA LEE BLAKE | |||||||||||||
| 163752 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 163752 | 0 | 0 | 163500 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | VARIOUS MEMBERS OF THE BOARD OF DIRECTORS HAVE FAMILY RELATIONSHIPS WITH OTHER DIRECTORS. IN ADDITION, THE BOARD OF DIRECTORS IS AWARE OF SUCH RELATIONSHIPS AND APPROPRIATELY MONITORS EACH AS NEEDED. | |
| FORM 990, PART VI, SECTION A, LINE 6 | AAHOA IS A 501(C)(6) TRADE AND MEMBERSHIP ORGANIZATION. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF AAHOA ELECT THE MEMBERS OF THE GOVERNING BODY. | |
| FORM 990, PART VI, SECTION A, LINE 7B | THE DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MEMBERS OF AAHOA. | |
| FORM 990, PART VI, SECTION B, LINE 11 | AFTER THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM, FRAZIER & DEETER, LLC, THE FORM IS FIRST REVIEWED BY THE ACCOUNTING MANAGER, LAARNI MATA, AND IS SUBSEQUENTLY REVIEWED BY BOTH LAURA LEE BLAKE, VP OF FAIR FRANCHISING, GOVERNMENT AFFAIRS & GENERAL COUNSEL AND FRED SCHWARTZ, PRESIDENT. ONCE THE FORM HAS BEEN EXAMINED, INCLUDING THE ACCOMPANYING SCHEDULES AND STATEMENTS, AND IS DEEMED TO THE BEST OF KNOWLEDGE AND BELIEF TO BE TRUE, CORRECT, AND COMPLETE, MR. SCHWARTZ SUBMITS THE FORM TO THE ENTIRE BOARD OF DIRECTORS ELECTRONICALLY, FOR THEIR REVIEW, PRIOR TO THE NEXT MEETING. EACH BOARD MEMBER HAS AN OPPORTUNITY TO REVIEW THE FORM AND A REASONABLE PERIOD OF TIME TO BRING FORWARD ANY QUESTIONS OR POTENTIAL REVISIONS. UPON APPROVAL, MR. SCHWARTZ SIGNS AND MAILS THE FORM APPROPRIATELY. | |
| THE OFFICERS AND DIRECTORS OF THE ORGANIZATION ANNUALLY RECEIVE A CONFLICT OF INTEREST POLICY TO REVIEW AND SIGN. THE COPIES ARE MAINTAINED AND INTERNALLY REVIEWED BY INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS. | FORM 990, PART VI, SECTION B, LINE 12C | |
| AN ANNUAL REVIEW OF ALL OFFICERS & KEY EMPLOYEE COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS WITHOUT THOSE COMPENSATED BEING PRESENT. COMPENSATION IS REFLECTED ON COMPARABLE SALARY AND BENEFIT PLANS AND AN ANNUAL EVALUATION PROCESS. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE ORGANIZATION MAINTAINS ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS IN PERMANENT FILES WHICH ARE READILY AVAILABLE TO THE PUBLIC UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NON-DEDUCTIBLE UNREALIZED LOSS ON INVESTMENTS 16,053. TOTAL TO FORM 990, PART XI, LINE 5: 16,053. | FORM 990, PART XI, LINE 5: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASIAN AMERICAN HOTEL OWNERS ASSOCIATION SCHOLARSHIP FUND | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7000 PEACHTREE DUNWOODY RD NE BLDG | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30328 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311529885 | EIN |
| Primary Activities | PROVIDE A SCHOLARSHIP FUND FOR ASIAN AMERICAN STUDENTS OF HOTEL MANAGEMENT | PrimaryActivities |
| Legal Domicile State | GA | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | N/A | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASIAN AMERICAN HOTEL OWNERS ASSOCIATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |