Overview
What is Philadelphia Hospitality Investment Levy?
The Philadelphia Hospitality Investment Levy is a nonprofit entity established to serve the mutual interests and strengthen the business environment of Philadelphia hotels. Its primary objective is to boost the demand for overnight rooms in the city, primarily through funding major conventions and city-wide events. To achieve this, the organization operates the Philadelphia Hospitality Improvement Levy District (PHIL District) and engages in various programs and initiatives, promoting the growth and prosperity of the local hospitality sector.
Official website here: www.phlinvestmentlevy.org
Is Philadelphia Hospitality Investment Levy legitimate?
Philadelphia Hospitality Investment Levy is a legitimate nonprofit organization registered as a 501(c)(6) entity. Philadelphia Hospitality Investment Levy 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.phlinvestmentlevy.org
What is the mission statement of Philadelphia Hospitality Investment Levy?
The Philadelphia Hospitality Investment Levy is established with a mission to advance the shared interests of hotels and enhance business conditions within the sector. This is accomplished through the development and management of the Philadelphia Hospitality Improvement Levy District (PHIL District) and various programs and initiatives. The primary objective is to boost overnight room demand in the city, primarily by funding major conventions and city-wide events, as evidenced by the PHIL Grants.
Official website here: www.phlinvestmentlevy.org
Who is the CEO of Philadelphia Hospitality Investment Levy?
Joshua Rueckheim is the Assistant Secretary of Philadelphia Hospitality Investment Levy.
Official website here: www.phlinvestmentlevy.org
What is the revenue of Philadelphia Hospitality Investment Levy?
Philadelphia Hospitality Investment Levy's revenue in 2022 was $5,441,846.
Official website here: www.phlinvestmentlevy.org
Who are the executives of Philadelphia Hospitality Investment Levy and what are their salaries?
There 20 volunteers at Philadelphia Hospitality Investment Levy.
Here are 20 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.phlinvestmentlevy.org
Where can I find the form 990 for Philadelphia Hospitality Investment Levy?
Philadelphia Hospitality Investment Levy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.phlinvestmentlevy.org
Learn more at the official website: www.phlinvestmentlevy.org
Mission Statement of Philadelphia Hospitality Investment Levy
The Philadelphia Hospitality Investment Levy, abbreviated as PHIL, is an organization with a mission to promote common interests and enhance business conditions for Philadelphia hotels. This is accomplished through the development and operation of the Philadelphia Hospitality Improvement Levy District (PHIL District) and various programs and initiatives. By providing grants to organizations, PHIL primarily aims to boost overnight room demand in Philadelphia, largely through funding major conventions and city-wide events. This strategic approach helps to improve the overall business environment for hotels within the city.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Philadelphia Hospitality Investment Levy significantly enhances the local hotel industry and overall business conditions in Philadelphia. By focusing on increasing overnight room demand, it provides essential funding for major conventions and city-wide events, attracting visitors and boosting the local economy.
Through initiatives within the Philadelphia Hospitality Improvement Levy District, it promotes collaboration among hotels and businesses, helping to create a vibrant and competitive hospitality sector. These efforts not only improve the operational landscape for hotels but also contribute to broader community improvements, making Philadelphia a more attractive destination for both tourists and business travelers.
This information is meant to be a general summary of Philadelphia Hospitality Investment Levy. 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 2022.
- Investment Income: $427,486
- Program Service Revenue: $5,014,360
- Gross Receipts: $7,711,652
Assets and Liabilities:
- Total Assets: $12,786,846
- Total Liabilities: $0
- Net Assets: $12,786,846
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOTEL FEES
Revenue
$5,014,360
Organization Details
Founding Year
2017
Phone
(215) 557-1992Principal Officer
Joshua Rueckheim
Main Address
1617 JOHN F KENNEDY BLVD Suite 810, PHILADELPHIA, PA, 19103
Website
www.phlinvestmentlevy.orgNTEE Category
Code: S41 - Community improvement
If you are a representative of Philadelphia Hospitality Investment Levy and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.