Overview
What is Hot Springsdiamond Lakes Tourism Development Foundation?
The Hot Springsdiamond Lakes Tourism Development Foundation is a nonprofit organization dedicated to boosting tourism within a five-county region. They achieve this by offering matching funds for promotional advertising expenses and producing an annual tour guide titled "diamond Lakes." The guide serves as a valuable resource, showcasing attractions and highlights within the region, thereby encouraging travelers and visitors to explore the area. The foundation's activities contribute to the growth and development of tourism within the specified region.
Is Hot Springsdiamond Lakes Tourism Development Foundation legitimate?
Hot Springsdiamond Lakes Tourism Development Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Hot Springsdiamond Lakes Tourism Development Foundation submitted a form 990, 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.
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What is the mission statement of Hot Springsdiamond Lakes Tourism Development Foundation?
The Hot Springsdiamond Lakes Tourism Development Foundation's mission is centered around fostering tourism in a five-county region. They achieve this by offering financial assistance in the form of matching funds for advertising expenses and producing an annual tour guide for the Diamond Lakes area. The purpose of these activities is to attract and encourage visitors, ultimately boosting tourism in the region.
Who is the CEO of Hot Springsdiamond Lakes Tourism Development Foundation?
Jim Shamburger is the Director of Hot Springsdiamond Lakes Tourism Development Foundation.
What is the revenue of Hot Springsdiamond Lakes Tourism Development Foundation?
Hot Springsdiamond Lakes Tourism Development Foundation's revenue in 2023 was $408,708.
Who are the executives of Hot Springsdiamond Lakes Tourism Development Foundation and what are their salaries?
Here are 15 key members and their salaries:
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Where can I find the form 990 for Hot Springsdiamond Lakes Tourism Development Foundation?
Hot Springsdiamond Lakes Tourism Development Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hot Springsdiamond Lakes Tourism Development Foundation
The Hot Springsdiamond Lakes Tourism Development Foundation is committed to boosting tourism in a five-county region. This nonprofit organization accomplishes this mission by offering matching funds for promotional advertising expenses and producing an annual diamond Lakes tour guide. By providing these resources, the Hot Springsdiamond Lakes Tourism Development Foundation aims to attract visitors to the area, thereby stimulating local economic growth and fostering a sense of community and pride among residents. The foundation's efforts in promoting tourism contribute to the overall development and enhancement of the region, making it an appealing destination for both leisure and business travelers.
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Impact
October, 2024
The Hot Springsdiamond Lakes Tourism Development Foundation actively enhances the local economy by promoting tourism across a five-county area. Through its efforts, the foundation provides matching funds for advertising expenses that amplify the visibility of regional attractions, activities, and events. This financial support enables local businesses to reach a broader audience, ultimately driving visitor engagement and increasing foot traffic.
In addition to funding, the foundation produces an annual Diamond Lakes tour guide that showcases the unique offerings of the area, making it easier for tourists to explore and enjoy the region’s diverse attractions. By drawing more visitors to Hot Springs and surrounding counties, the foundation not only supports local enterprises but also fosters community improvement and encourages cultural exchange. This comprehensive approach to tourism promotion contributes significantly to the economic vitality of the area, benefiting residents and visitors alike.
This information is meant to be a general summary of Hot Springsdiamond Lakes Tourism Development Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $222,837
- Gross Receipts: $408,708
Assets and Liabilities:
- Total Assets: $54,919
- Total Liabilities: $13,155
- Net Assets: $41,764
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADVERTISING SALES
Revenue
$211,617
OTHER INCOME
Revenue
$11,220
Organization Details
Phone
(501) 321-1700Principal Officer
Jim Shamburger
Main Address
PO BOX 6090, HOT SPRINGS, AR, 71902
NTEE Category
Code: S30 - Community improvement
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