Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 86-0749972 • 501(c)6 • Phoenix, AZ
Profile
Vhra represents the needs of maricopa county hotels resorts. Our mission is to educate our membership regarding those issues that impact the hospitality industry. To advocate for, and communicate support of, issues that affect our industry to government, the general public, and the tourism community
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
50th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
7th percentile
Faster asset growth than 7% of similar nonprofits.
Revenue Growth
7th percentile
Faster revenue growth than 7% of similar nonprofits.
Assets
Down$0
Down $362,834 (-100%) from 2019
Liabilities
Down$0
Down $9,941 (-100%) from 2019
Net Assets
Down$0
Down $352,893 (-100%) from 2019
Revenue
Down$119,290
Down $268,765 (-69%) from 2019
Expenses
Up$460,199
Up $250,904 (+120%) from 2019
Net Income
Down-$340,909
Down $519,669 (-291%) from 2019
Most recent year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.
Vhra represents the needs of maricopa county hotels resorts. Our mission is to educate our membership regarding those issues that impact the hospitality industry. To advocate for, and communicate support of, issues that affect our industry to government, the general public, and the tourism community
Our mission is to educate our members regarding those issues that impact the hospitality industry.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $298,415 | - | - |
| Accounts Receivable | $34,531 | - | - |
| Cash and Non-Interest-Bearing Accounts | $28,226 | - | - |
| Savings and Temporary Cash Investments | $944 | - | - |
| Prepaid Expenses and Deferred Charges | $718 | - | - |
| Total Assets | $362,834 | $0 | ▼ $362,834 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $7,237 | - | - |
| Deferred Revenue | $2,704 | - | - |
| Total Liabilities | $9,941 | $0 | ▼ $9,941 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $352,893 | - | - |
| Total Net Assets Fund Balance | $352,893 | $0 | ▼ $352,893 |
| Total Liabilities and Net Assets / Fund Balance | $362,834 | $0 | ▼ $362,834 |
| Name | Title |
|---|---|
| Paul Gray | Chairman |
| Kimberly Sabow | President CEO |
| Joe Iturri | Vice Chair of Education |
| Steve Eberhart | Vice Chair of Events |
| Mike Ehmann | Vice Chair of Finance |
| Danielle Russell | Vice Chair of Membership |
| Andee Oleno | Director |
| Brent Cortright | Director |
| Chan Jin | Director |
| Jody Harwood | Director |
| Linda Zamora | Director |
| Patti Hunt | Director |
| Rich Newman | Director |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Azlta | Management Services | 1240 E MISSOURI AVE, Phoenix, AZ 85014 | $140,000 |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $279,714 |
| Other Expenses | $180,485 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | - | - | - | $277,214 |
| Fees for Services Management | - | - | - | $140,000 |
| Other Expenses | - | - | - | $31,030 |
| Office Expenses | - | - | - | $3,273 |
| Conferences and Meetings | - | - | - | $3,128 |
| Grants to Domestic Individuals | - | - | - | $2,500 |
| Fees for Service Investment Mgmnt Fees | - | - | - | $2,156 |
| Insurance | - | - | - | $718 |
| Information Technology | - | - | - | $120 |
| Travel | - | - | - | $60 |
| Total Functional Expenses | $0 | $0 | $0 | $460,199 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Arizona Lodging & Toursim Assoc | Phoenix, AZ | 501c6 | Transfer for Final Return | $277,214 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Amount |
|---|---|
| Current Year Nondeductible Lobbying and Political Cost | $12,500 |
| Total Nondeductible Lobbying and Political Cost | $12,500 |
“The organization has the following members active, allied, corporate, tourism honorary and student members. Only board members may vote.”
“The executive director of the organization distributes a pdf copy of the 990 return to all board members for review and comment prior to being filed.”
“At each board and committee meeting, if there is a discussion of selecting or engaging a vendor or service provider, all in attendance are asked to recuse themselves from this discussion if there could be a perceived conflict. Annually, the organization reviews and discusses the conflict of interest policy and requests that each board member list and acknowledge any known conflicts.”
“The board may hire and compensate individuals for necessary services rendered to the organization so long as such compensation is reasonable. The board shall determine reasonable compensation amounts based upon compensation paid by similarly situated nonprofits for like services. Currently, all directors are volunteers.”
“The organization will provide, in a timely manner, financial statements and governing documents including its conflict of interest policies when requested in writing or in person.”
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/Desc | 0 | VHRA SERVES 400 CLIENTS IN MARICOPA COUNTY, ARIZONA. WE DELIVERED INDUSTRY EDUCATION FORUMS PROMOTING BUSINESS GROWTH INITIATIVES IN SUPPORT OF HOTELS, RESORTS, AIRPORTS AND AIRLINES, DESTINATION MARKETING ORGANIZATIONS, ATTRACTIONS, AND LOCAL SMALL BUSINESSES. VHRA HOLDS UP TO EIGHT INDUSTRY NETWORKING EDUCATION FUNDRAISERS ANNUALLY. |
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| IRS990/MissionDesc | 0 | VHRA REPRESENTS THE NEEDS OF MARICOPA COUNTY HOTELS RESORTS. OUR MISSION IS TO EDUCATE OUR MEMBERSHIP REGARDING THOSE ISSUES THAT IMPACT THE HOSPITALITY INDUSTRY. TO ADVOCATE FOR, AND COMMUNICATE SUPPORT OF, ISSUES THAT AFFECT OUR INDUSTRY TO GOVERNMENT, THE GENERAL PUBLIC, AND THE TOURISM COMMUNITY |
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| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 944 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleC/AggregateReportedDuesNtcAmt | 0 | 25043 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | true |
| IRS990ScheduleC/DuesAssessmentsAmt | 0 | 100099 |
| IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt | 0 | 12500 |
| IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt | 0 | 12500 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | true |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | false |
| IRS990ScheduleC/TaxableAmt | 0 | -12543 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 277214 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501c6 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | Transfer for Final Return |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | Arizona Lodging & Toursim Assoc |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 860003185 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 1240 E Missouri Ave |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | Phoenix |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | AZ |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 85014 |
| IRS990ScheduleI/TotalOtherOrgCnt | 0 | 1 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleN/AssetsDistributedInd | 0 | true |
| IRS990ScheduleN/AttorneyGeneralNotifiedInd | 0 | true |
| IRS990ScheduleN/BondsOutstandingInd | 0 | false |
| IRS990ScheduleN/DirectorOfSuccessorInd | 0 | true |
| IRS990ScheduleN/EmployeeOfSuccessorInd | 0 | false |
| IRS990ScheduleN/LiabilitiesPaidInd | 0 | true |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 0 | Accounts Receivable |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 1 | Cash |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt | 0 | Arizona Lodging & Toursim Assoc |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt | 1 | Arizona Lodging & Toursim Assoc |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt | 0 | 2020-12-31 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt | 1 | 2020-12-31 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN | 0 | 860003185 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN | 1 | 860003185 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt | 0 | 12207 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt | 1 | 265007 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt | 0 | 501c6 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt | 1 | 501c6 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 0 | FMV |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 1 | FMV |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 0 | 1240 E Missouri Ave |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 1 | 1240 E Missouri Ave |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 0 | Phoenix |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 1 | Phoenix |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 0 | AZ |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 1 | AZ |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd | 0 | 85014 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd | 1 | 85014 |
| IRS990ScheduleN/OwnerOfSuccessorInd | 0 | false |
| IRS990ScheduleN/ReceiveCompensationInd | 0 | false |
| IRS990ScheduleN/RequiredToNotifyAGInd | 0 | true |
| IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt | 0 | THE DISSOLVING/FILING ORGANIZATION VHRA AND THE ORGANIZATION TO WHICH THE ASSETS WERE TRANSFERRED AZLTA WERE CLOSELY ALIGNED IN PURPOSE AND VHRA HAD BEEN UTILIZING AZLTA AS ITS MANAGEMENT COMPANY FOR A FEW YEARS. AS THE MEMBERSHIP ORGANIZATIONS WERE FROM THE SAME POOL, IT WAS DETERMINED THAT ONE ORGANIZATION WOULD BE BETTER SITUATED TO BE ABLE TO SURVIVE THE ECONOMIC IMPACT OF COVID-19 THAN TRYING TO MAINTAIN TWO SEPARATE ORGANIZATION OPERATING FOR SIMILAR FUNCTIONS. THE DECISION TO CLOSE VHRA WAS MADE AND ITS ASSETS DONATED TO AZLTA TO CARRY ON THE MISSION. AS PART OF THIS PROCESS, THE BOARD OF AZLTA WAS EXPANDED TO ALLOW BOARD MEMBERS FROM VHRA TO JOIN AFTER THE DISSOLUTION TOOK PLACE. |
| IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I Line 2a |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION HAS THE FOLLOWING MEMBERS ACTIVE, ALLIED, CORPORATE, TOURISM HONORARY AND STUDENT MEMBERS. ONLY BOARD MEMBERS MAY VOTE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE EXECUTIVE DIRECTOR OF THE ORGANIZATION DISTRIBUTES A PDF COPY OF THE 990 RETURN TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT PRIOR TO BEING FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | AT EACH BOARD AND COMMITTEE MEETING, IF THERE IS A DISCUSSION OF SELECTING OR ENGAGING A VENDOR OR SERVICE PROVIDER, ALL IN ATTENDANCE ARE ASKED TO RECUSE THEMSELVES FROM THIS DISCUSSION IF THERE COULD BE A PERCEIVED CONFLICT. ANNUALLY, THE ORGANIZATION REVIEWS AND DISCUSSES THE CONFLICT OF INTEREST POLICY AND REQUESTS THAT EACH BOARD MEMBER LIST AND ACKNOWLEDGE ANY KNOWN CONFLICTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE BOARD MAY HIRE AND COMPENSATE INDIVIDUALS FOR NECESSARY SERVICES RENDERED TO THE ORGANIZATION SO LONG AS SUCH COMPENSATION IS REASONABLE. THE BOARD SHALL DETERMINE REASONABLE COMPENSATION AMOUNTS BASED UPON COMPENSATION PAID BY SIMILARLY SITUATED NONPROFITS FOR LIKE SERVICES. CURRENTLY, ALL DIRECTORS ARE VOLUNTEERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION WILL PROVIDE, IN A TIMELY MANNER, FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS INCLUDING ITS CONFLICT OF INTEREST POLICIES WHEN REQUESTED IN WRITING OR IN PERSON. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, Line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section B, Line 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section C, Line 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | true |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | true |
| IRS990/TotalAssetsBOYAmt | 0 | 362834 |
| IRS990/TotalAssetsEOYAmt | 0 | 0 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 362834 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 460199 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 9941 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 9941 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 352893 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 0 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 104944 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 14346 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 104944 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 119290 |
| IRS990/TotalVolunteersCnt | 0 | 11 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 362834 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 0 |
| IRS990/TravelGrp/TotalAmt | 0 | 60 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1240 E MISSOURI AVE |
| IRS990/USAddress/CityNm | 0 | PHOENIX |
| IRS990/USAddress/StateAbbreviationCd | 0 | AZ |
| IRS990/USAddress/ZIPCd | 0 | 85014 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 12 |
| IRS990/VotingMembersIndependentCnt | 0 | 12 |
| IRS990/WebsiteAddressTxt | 0 | www.vhra.net |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KIMBERLY SABOW |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT CEO |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-10-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | VALLEY HOTEL & RESORT ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VALL |
| ReturnHeader/Filer/EIN | 0 | 860749972 |
| ReturnHeader/Filer/PhoneNum | 0 | 6023752996 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1240 E MISSOURI AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PHOENIX |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AZ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 85014 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SECHLER MORGAN CPAS PLLC |
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