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Hsmai Los Angeles Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 451621766 ✦ El monte, CA ✦ Designated as a 501(c)(6)

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Overview

What is Hsmai Los Angeles Inc?

Hsmai Los Angeles Inc is a nonprofit organization situated in El Monte, California, dedicated to supporting and enhancing the skills of hospitality sales and marketing professionals. Their primary mission involves fostering unity and communication among these professionals through regular education and learning opportunities. To achieve this, they offer a total of 305 awards and scholarships, incur food costs of $2,507, spend on meals and entertainment ($1,749), office expenses ($1,484), licenses and fees ($5), software ($1,701), event costs ($859), and website service fees ($360). This organization's efforts aim to contribute positively to the hospitality sector in Los Angeles.

Is Hsmai Los Angeles Inc legitimate?

Hsmai Los Angeles Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Hsmai Los Angeles Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Hsmai Los Angeles Inc?

Hsmai Los Angeles Inc's mission is centered around strengthening and unifying hospitality sales and marketing professionals. They achieve this by fostering ongoing communication and education among its members. The organization also offers various awards and scholarships to support the professional growth of its members. In addition, Hsmai Los Angeles Inc engages in various expenses such as food costs, office expenses, software, event costs, and website service fees to sustain its operations.

Paraphrased, one could say that Hsmai Los Angeles Inc serves as a platform for hospitality sales and marketing professionals, promoting continuous learning and communication. They offer incentives in the form of awards and scholarships, investing in expenses like food, office supplies, software, events, and website services to uphold their mission.

Who is the CEO of Hsmai Los Angeles Inc?

Mitch Woolley is the Vice President of Hsmai Los Angeles Inc.

What is the revenue of Hsmai Los Angeles Inc?

Hsmai Los Angeles Inc's revenue in 2022 was $8,734.

Who are the executives of Hsmai Los Angeles Inc and what are their salaries?


There is 1 key member and their salary:


Mitch Woolley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Hsmai Los Angeles Inc?

Hsmai Los Angeles Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Hsmai Los Angeles Inc

Hsmai Los Angeles, an organization dedicated to the hospitality industry, plays a significant role in fostering unity and strengthening professionals in sales and marketing. Their primary mission lies in providing ongoing communication and education to these professionals, aiming to further their careers and enhance the overall performance of the hospitality sector. To achieve this mission, Hsmai Los Angeles offers a range of resources. They award and scholarship programs are designed to recognize and support talented individuals within the industry, while their financial expenditures on meals, office expenses, software, event costs, and website services demonstrate their commitment to facilitating networking and learning opportunities. Despite not having specific information about the nature of these activities, it is clear that Hsmai Los Angeles is dedicated to the professional growth and development of hospitality sales and marketing professionals.

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Impact




October, 2024

Hsmai Los Angeles Inc plays a vital role in enhancing the hospitality sales and marketing industry by fostering professional development and collaboration among its members. Through its ongoing communication and educational initiatives, the organization strengthens the skill set of hospitality professionals, ensuring they remain competitive in a dynamic market.

With a focus on recognition and support, Hsmai Los Angeles provides 305 awards and scholarships, promoting excellence and encouraging talent in the industry. These efforts not only reward individual achievements but also elevate the standards of service within the hospitality sector.

Financially, the organization efficiently manages its resources to facilitate various activities, spending strategically on meals, office expenses, software, and events that contribute to member engagement and education. This careful allocation of funds highlights its commitment to delivering value to its community.

Located in El Monte, CA, Hsmai Los Angeles acts as a hub for networking and collaboration, enabling professionals to share insights and best practices. By strengthening the hospitality community, the organization ultimately contributes to the overall improvement of the industry and the experience it offers to consumers.




This information is meant to be a general summary of Hsmai Los Angeles Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$8,734 (2022)
Expenses
$13,220 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5
  • Gross Receipts: $8,734

Assets and Liabilities:

  • Total Assets: $22,457
  • Total Liabilities: $0
  • Net Assets: $22,457

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Organization Details

Principal Officer

Mitch Woolley

Main Address

9682 TELSTAR AVENUE STE 102, EL MONTE, CA, 91731

NTEE Category

Code: S41 - Community improvement

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