Civic Intelligence

Hotel Electronic Distribution Network Association

990 • Fiscal year 2018 • EIN 41-1704695

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 05, 2019

1000 Westgate Dr No 252St Paul, MN 55114

(651) 290-6291

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.52x

Higher debt load relative to assets than 84% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

77th percentile

0.41x

Higher debt load relative to revenue than 77% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Net Margin

18th percentile

-5.1%

Higher net margin than 18% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Asset Growth

83rd percentile

17%

Faster asset growth than 83% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

65th percentile

7.1%

Faster revenue growth than 65% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$830,613

Up $119,205 (+17%) from 2017

Net Assets

Down

$401,161

Down $26,684 (-6.2%) from 2017

Liabilities

Up

$429,452

Up $145,889 (+51%) from 2017

Revenue

Up

$1,052,344

Up $70,072 (+7.1%) from 2017

Expenses

Up

$1,105,934

Up $210,655 (+24%) from 2017

Net Income

Down

-$53,590

Down $140,583 (-162%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2010: $193,772Liabilities 2010: $99,694Net Assets 2010: $94,0782010Assets 2011: $369,878Liabilities 2011: $147,359Net Assets 2011: $222,5192011Assets 2012: $504,613Liabilities 2012: $144,631Net Assets 2012: $359,9822012Assets 2013: $689,065Liabilities 2013: $324,121Net Assets 2013: $364,9442013Assets 2014: $903,786Liabilities 2014: $422,087Net Assets 2014: $481,6992014Assets 2015: $978,964Liabilities 2015: $480,906Net Assets 2015: $498,0582015Assets 2016: $750,074Liabilities 2016: $369,619Net Assets 2016: $380,4552016Assets 2017: $711,408Liabilities 2017: $283,563Net Assets 2017: $427,8452017Assets 2018: $830,613Liabilities 2018: $429,452Net Assets 2018: $401,1612018Assets 2019: $881,098Liabilities 2019: $437,293Net Assets 2019: $443,8052019Assets 2020: $461,855Liabilities 2020: $100,930Net Assets 2020: $360,9252020Assets 2021: $552,814Liabilities 2021: $207,814Net Assets 2021: $345,0002021Assets 2022: $671,310Liabilities 2022: $357,625Net Assets 2022: $313,6852022Assets 2023: $787,186Liabilities 2023: $510,649Net Assets 2023: $276,5372023Assets 2024: $672,037Liabilities 2024: $395,009Net Assets 2024: $277,0282024

Highlighted filing

2018

Assets$830,613
Liabilities$429,452
Net Assets$401,161

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $565,1782010Expenses 2011: $507,2172011Expenses 2012: $556,6842012Revenue 2013: $466,937Expenses 2013: $461,975Net Income 2013: $4,9622013Revenue 2014: $870,395Expenses 2014: $753,640Net Income 2014: $116,7552014Revenue 2015: $955,046Expenses 2015: $938,687Net Income 2015: $16,3592015Revenue 2016: $973,531Expenses 2016: $959,937Net Income 2016: $13,5942016Revenue 2017: $982,272Expenses 2017: $895,279Net Income 2017: $86,9932017Revenue 2018: $1,052,344Expenses 2018: $1,105,934Net Income 2018: -$53,5902018Revenue 2019: $1,102,238Expenses 2019: $1,067,902Net Income 2019: $34,3362019Revenue 2020: $617,963Expenses 2020: $718,149Net Income 2020: -$100,1862020Revenue 2021: $446,505Expenses 2021: $493,826Net Income 2021: -$47,3212021Revenue 2022: $1,016,713Expenses 2022: $1,048,098Net Income 2022: -$31,3852022Revenue 2023: $961,077Expenses 2023: $998,225Net Income 2023: -$37,1482023Revenue 2024: $1,019,056Expenses 2024: $1,018,565Net Income 2024: $4912024

Highlighted filing

2018

Revenue$1,052,344
Expenses$1,105,934
Net Income-$53,590
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 5, 2019
Return Version
2018v3.1
Gross Receipts
$1,052,344
Mission and Program Overview

Mission

Refer to form 990, part i, line 1

Hedna is an international association focused on identifying distribution opportunities and providing solutions for the lodging industry and its distribution community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$254,201$613,986▲ $359,785
Savings and Temporary Cash Investments$353,739$0▼ $353,739
Accounts Receivable$31,828$132,608▲ $100,780
Prepaid Expenses and Deferred Charges$71,640$84,019▲ $12,379
Total Assets$711,408$830,613▲ $119,205
Liabilities
Deferred Revenue$212,477$397,891▲ $185,414
Accounts Payable and Accrued Expenses$71,086$31,561▼ $39,525
Total Liabilities$283,563$429,452▲ $145,889
Net Assets / Fund Balance
Unrestricted Net Assets$427,845$401,161▼ $26,684
Total Net Assets Fund Balance$427,845$401,161▼ $26,684
Total Liabilities and Net Assets / Fund Balance$711,408$830,613▲ $119,205
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sarah FultsPresident
Anne ColeVice President
Christian MeissnerDirector
David ChestlerDirector
Ian AcklandDirector
Inderpreet BangaDirector
Jodie GibsonDirector
Lew HarasymiwDirector
Mike CarloDirector
Pam WoodmanDirector
Sydney GoodwinDirector
David CabrezaSecretary
Sebastien LeitnerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The Kellen CompanyManagement Services750 NATIONAL PRESS BLDG 529 14TH ST, Washington, DC 20045$257,160
Revenue and Support

Revenue Composition

Contributions and Grants
$373,733
Program Service Revenue
$627,139
Investment Income
$2,422
Other Revenue
$49,050
All Other Contributions
$185,025
Change in Net Assets
$-53,590
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,105,934
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$567,730
Fees for Services Management---$188,090
All Other Expenses---$63,629
Other Expenses---$31,672
Fees for Services Accounting---$13,081
Travel---$10,874
Fees for Services Legal---$9,733
Insurance---$1,680
Total Functional Expenses$0$0$0$1,105,934
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The association delegated control over management duties customarily performed by or under the direct supervision of officers, directors, trustees or key employees to the kellen company and ewald consulting group, inc.

Form 990, Part VI, Section A, Line 4

The association proposed an amendment to their bylaws that passed in november of 2018.

Form 990, Part VI, Section B, Line 11B

Appropriate members of the management company and board review tax return before and after filing with irs. Not all members of board review tax returns.

Form 990, Part VI, Section B, Line 15

The association does not compensate any of its officers, directors, or trustees.

Form 990, Part VI, Section C, Line 19

These items are made available at the organization offices upon request.

Filing and Contact Details

Filer

Filer Name
Hotel Electronic Distribution Network
EIN
41-1704695
Phone
6512906291
Address
1000 WESTGATE DR NO 252, ST PAUL, MN 55114

Signing Officer

Name
Sarah Fults
Title
President
Phone
6512906291
Signed
2019-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Fults
Formed
1993
Legal Domicile
Mn
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
0

Preparer

Firm
Williams Benator & Libby Llp
Address
1040 CROWN POINTE PKWY 400, ATLANTA, GA 30338
Preparer
David a Nash CPA
Phone
7705120500
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The association delegates the responsibility of selecting an independent accountant to its management company. This process has not changed from prior years.

Raw XML Appendix377 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0HEDNA IS AN INTERNATIONAL ASSOCIATION FOCUSED ON IDENTIFYING DISTRIBUTION OPPORTUNITIES AND PROVIDING SOLUTIONS FOR THE LODGING INDUSTRY AND ITS DISTRIBUTION COMMUNITY.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt0188708
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION DELEGATED CONTROL OVER MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES TO THE KELLEN COMPANY AND EWALD CONSULTING GROUP, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION PROPOSED AN AMENDMENT TO THEIR BYLAWS THAT PASSED IN NOVEMBER OF 2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2APPROPRIATE MEMBERS OF THE MANAGEMENT COMPANY AND BOARD REVIEW TAX RETURN BEFORE AND AFTER FILING WITH IRS. NOT ALL MEMBERS OF BOARD REVIEW TAX RETURNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ASSOCIATION DOES NOT COMPENSATE ANY OF ITS OFFICERS, DIRECTORS, OR TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THESE ITEMS ARE MADE AVAILABLE AT THE ORGANIZATION OFFICES UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ASSOCIATION DELEGATES THE RESPONSIBILITY OF SELECTING AN INDEPENDENT ACCOUNTANT TO ITS MANAGEMENT COMPANY. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0711408
IRS990/TotalAssetsEOYAmt0830613
IRS990/TotalAssetsGrp/BOYAmt0711408
IRS990/TotalAssetsGrp/EOYAmt0830613
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0373733
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01105934
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0283563
IRS990/TotalLiabilitiesEOYAmt0429452
IRS990/TotalLiabilitiesGrp/BOYAmt0283563
IRS990/TotalLiabilitiesGrp/EOYAmt0429452
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0427845
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0401161
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0627139
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt051472
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0627139
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01052344
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0711408
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0830613
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt010874
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0427845
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0401161
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01000 WESTGATE DR NO 252
IRS990/USAddress/CityNm0ST PAUL
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055114
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.HEDNA.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SARAH FULTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06512906291
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOTEL ELECTRONIC DISTRIBUTION NETWORK
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0HOTE
ReturnHeader/Filer/EIN0411704695
ReturnHeader/Filer/PhoneNum06512906291
ReturnHeader/Filer/USAddress/AddressLine1Txt01000 WESTGATE DR NO 252
ReturnHeader/Filer/USAddress/CityNm0ST PAUL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055114
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B67B42133DED852C07973F5669100C0BD49FB426
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01DEBC7A82B9FF13CF8CC52C403FB526FB2451E14
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.140.7.50
ReturnHeader/FilingSecurityInformation/IPDt02019-11-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm009:59:01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581460137
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WILLIAMS BENATOR & LIBBY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01040 CROWN POINTE PKWY 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030338
ReturnHeader/PreparerPersonGrp/PhoneNum07705120500
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID A NASH CPA
ReturnHeader/ReturnTs02019-11-13T10:11:07-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.67$0.40$0.28$1.02$1.02$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.51$0.28$0.96$1.00$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.36$0.31$1.02$1.05$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.21$0.35$0.45$0.49$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.10$0.36$0.62$0.72$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.44$0.44$1.10$1.07$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.83$0.43$0.40$1.05$1.11$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.28$0.43$0.98$0.90$0.09
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.37$0.38$0.97$0.96$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.48$0.50$0.96$0.94$0.02
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.42$0.48$0.87$0.75$0.12
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.69$0.32$0.36$0.47$0.46$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.14$0.36$0.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.15$0.22$0.51
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.10$0.09$0.57
Peer Organizations

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