Overview
What is Las Vegas Hospitality Association?
The Las Vegas Hospitality Association is a nonprofit organization primarily focused on boosting the hospitality and tourism sector in the Las Vegas area. They achieve this through philanthropic activities and educational initiatives. The organization has garnered significant funds, surpassing $1 million, which they've allocated towards scholarships and charitable causes. The Las Vegas Hospitality Association is dedicated to fostering an environment that prioritizes education within the expanding needs of their industry, organization, and community.
Official website here: www.mylvha.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36% - Zero-Star out of Four Star rating.
The Las Vegas Hospitality Association has received a low rating of 36%, which indicates significant challenges in its accountability and financial practices. While the organization boasts a fully independent board and has no material diversion of assets, it lacks several key policies, including a conflict of interest policy and whistleblower policy, which raises concerns about its governance.
Additionally, the association's program expense ratio is particularly low at 9.11%, suggesting that a minimal amount of its budget is allocated towards its primary mission. This, combined with a liabilities to assets ratio of 0.00%, points to potential financial instability or mismanagement. The absence of transparency measures like posting tax forms on its website further compounds these issues, limiting stakeholders' ability to assess its overall effectiveness and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Las Vegas Hospitality Association legitimate?
Las Vegas Hospitality Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Las Vegas 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.
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Official website here: www.mylvha.org
What is the mission statement of Las Vegas Hospitality Association?
The Las Vegas Hospitality Association is dedicated to fostering the hospitality and tourism sector by channeling resources into philanthropy and education. Over the years, they have successfully raised over $1 million for scholarships and charitable causes. One of their key objectives is to prioritize education within the growing demands of their industry, organization, and community. The association awards college scholarships to deserving individuals, demonstrating their commitment to nurturing future talent in this field. Their constant efforts aim to contribute positively to the industry's development.
Official website here: www.mylvha.org
Who is the CEO of Las Vegas Hospitality Association?
Casey Shields is the Director of Las Vegas Hospitality Association.
Official website here: www.mylvha.org
What is the revenue of Las Vegas Hospitality Association?
Las Vegas Hospitality Association's revenue in 2022 was $164,673.
Official website here: www.mylvha.org
Who are the executives of Las Vegas Hospitality Association and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.mylvha.org
Where can I find the form 990 for Las Vegas Hospitality Association?
Las Vegas Hospitality Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mylvha.org
Learn more at the official website: www.mylvha.org
Mission Statement of Las Vegas Hospitality Association
The Las Vegas Hospitality Association, a nonprofit organization, is dedicated to advancing the hospitality and tourism sector in its region. Through philanthropic efforts and educational initiatives, the association aims to prioritize education within the expanding needs of the industry, organization, and community. To date, the Las Vegas Hospitality Association has successfully raised over $1 million for scholarships and charities, demonstrating its commitment to this cause. The organization awards college scholarships to deserving individuals, further emphasizing its mission to foster growth and development within the industry.
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Impact
October, 2024
The Las Vegas Hospitality Association (LVHA) plays a significant role in enhancing the hospitality and tourism sectors in the Las Vegas area through its efforts in philanthropy and education. By prioritizing education, LVHA addresses the growing needs of the industry and the community, ensuring that the workforce is well-prepared for current and future challenges.
To date, the association has raised over $1 million for scholarships and charitable initiatives, directly supporting deserving individuals seeking a career in hospitality. These scholarships not only help students manage the financial burdens of higher education but also contribute to cultivating a skilled workforce that can meet the demands of the vibrant Las Vegas tourism market.
Through its commitment to philanthropy, LVHA further strengthens community ties and fosters a culture of giving back, which is essential for the sustainable growth of the hospitality industry in the region. By investing in education and supporting future professionals, LVHA ensures that the Las Vegas community continues to thrive as a premier destination for tourism and hospitality.
This information is meant to be a general summary of Las Vegas 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $100
- Gross Receipts: $197,830
Assets and Liabilities:
- Total Assets: $325,848
- Total Liabilities: $0
- Net Assets: $325,848
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Organization Details
Founding Year
1984
Phone
(702) 877-9351Principal Officer
Casey Shields
Main Address
2451 S BUFFALO DRIVE 105, LAS VEGAS, NV, 89117
Website
www.mylvha.orgNTEE Category
Code: B99 - Education
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