New Mexico Hospitality Association

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

EIN: 850358310 ✦ Albuquerque, NM ✦ Designated as a 501(c)(6)

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Overview

What is New Mexico Hospitality Association?

The New Mexico Hospitality Association is a nonprofit organization that actively works to stimulate tourism within the state. Through a range of activities, functions, and educational programs, they aim to bolster New Mexico's tourism sector. Their mission is multifaceted, involving the planning and execution of initiatives that ultimately enhance the tourism industry in the region.


Official website here: www.newmexicohospitality.org

Is New Mexico Hospitality Association legitimate?

New Mexico Hospitality Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. New Mexico Hospitality Association 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: $80,223
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.newmexicohospitality.org

What is the mission statement of New Mexico Hospitality Association?

The New Mexico Hospitality Association serves a crucial role in promoting tourism within the state. By conducting a range of activities, functions, and educational programs, the association aims to stimulate interest and visits to New Mexico. Their mission is geared towards enhancing the state's tourism industry, ultimately contributing to its economic growth and development. The association provides resources and initiatives that help showcase New Mexico's unique attractions, cultural heritage, and natural beauty, attracting visitors from various parts of the world. Through these efforts, the New Mexico Hospitality Association plays a vital role in boosting the state's tourism sector and fostering a sense of pride among its residents.


Official website here: www.newmexicohospitality.org

What is the revenue of New Mexico Hospitality Association?

New Mexico Hospitality Association's revenue in 2023 was $267,879.


Official website here: www.newmexicohospitality.org

Who are the executives of New Mexico Hospitality Association and what are their salaries?

The average compensation at New Mexico Hospitality Association during 2023 was $80,223. There is 1 employee and 30 volunteers at New Mexico Hospitality Association.

Here are 13 key members and their salaries:


Erica Asmus-Otero (Past Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Parin Kumar (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Guenther (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allan Affeldt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damen Kompanowski (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Pulsifer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Miller (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arval Mccabe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernie Kos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Mandalia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ceela Mcelveny (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn M Komoll (Chief Exec.)
  • Compensation: $80,223
  • Related: $0
  • Other: $0


Official website here: www.newmexicohospitality.org

Where can I find the form 990 for New Mexico Hospitality Association?

New Mexico Hospitality Association's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.newmexicohospitality.org

Learn more at the official website: www.newmexicohospitality.org

Mission Statement of New Mexico Hospitality Association

The New Mexico Hospitality Association, with a focus on promoting tourism, carries out a range of activities and programs within the state. Their mission is to stimulate interest and visits to New Mexico, achieving this through diverse general functions and educational initiatives. By conducting these activities, the association aims to foster tourism growth within the state, ultimately benefiting both local businesses and residents.

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Impact




October, 2024

The New Mexico Hospitality Association significantly enhances tourism in the state by implementing a range of activities and educational programs aimed at promoting local attractions and services. By fostering collaboration among industry stakeholders, the Association plays a crucial role in elevating New Mexico's profile as a travel destination. Their efforts not only drive economic growth through increased visitor spending but also contribute to community improvement by supporting local businesses and creating job opportunities. Additionally, their focus on education and training ensures that professionals in the hospitality sector are well-equipped to provide exceptional service, further enriching the visitor experience. Through these initiatives, the New Mexico Hospitality Association creates a positive ripple effect, benefiting both the tourism industry and the communities it serves.




This information is meant to be a general summary of New Mexico Hospitality Association. 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
$267,879 (2023)
Expenses
$286,500 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $15
  • Program Service Revenue: $267,864
  • Gross Receipts: $267,879

Assets and Liabilities:

  • Total Assets: $101,382
  • Total Liabilities: $103,228
  • Net Assets: -$1,846

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EVENTS/CONFERENCES/PROGRAM

Revenue

$179,960

MEMBERSHIP DUES

Revenue

$87,904

Organization Details

Founding Year

1987

Principal Officer

Damen Kompanowski

NTEE Category

Code: S41 - Community improvement

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