Civic Intelligence

Valley Hotel & Resort Association

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

1240 E Missouri AvePhoenix, AZ 85014

www.vhra.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

3rd percentile

-286%

Higher net margin than 3% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

7th percentile

-100%

Faster asset growth than 7% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

7th percentile

-69%

Faster revenue growth than 7% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

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

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $309,196Liabilities 2011: $0Net Assets 2011: $309,1962011Assets 2012: $316,137Liabilities 2012: $0Net Assets 2012: $316,1372012Assets 2013: $336,482Liabilities 2013: $0Net Assets 2013: $336,4822013Assets 2014: $375,462Liabilities 2014: $0Net Assets 2014: $375,4622014Assets 2015: $402,415Liabilities 2015: $0Net Assets 2015: $402,4152015Assets 2016: $420,069Liabilities 2016: $0Net Assets 2016: $420,0692016Assets 2017: $379,482Liabilities 2017: $8,692Net Assets 2017: $370,7902017Assets 2018: $359,171Liabilities 2018: $507Net Assets 2018: $358,6642018Assets 2019: $362,834Liabilities 2019: $9,941Net Assets 2019: $352,8932019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2020

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$500K$0-$500KRevenue 2011: $190,980Expenses 2011: $200,527Net Income 2011: -$9,5472011Revenue 2012: $191,428Expenses 2012: $184,487Net Income 2012: $6,9412012Revenue 2013: $192,997Expenses 2013: $172,652Net Income 2013: $20,3452013Revenue 2014: $222,993Expenses 2014: $194,820Net Income 2014: $28,1732014Revenue 2015: $241,648Expenses 2015: $207,131Net Income 2015: $34,5172015Revenue 2016: $209,207Expenses 2016: $193,832Net Income 2016: $15,3752016Revenue 2017: $138,675Expenses 2017: $197,917Net Income 2017: -$59,2422017Revenue 2018: $172,976Expenses 2018: $171,753Net Income 2018: $1,2232018Revenue 2019: $388,055Expenses 2019: $209,295Net Income 2019: $178,7602019Revenue 2020: $119,290Expenses 2020: $460,199Net Income 2020: -$340,9092020

Highlighted filing

2020

Revenue$119,290
Expenses$460,199
Net Income-$340,909

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 15, 2021
Return Version
2020v4.1
Gross Receipts
$355,422
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
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
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul GrayChairman
Kimberly SabowPresident CEO
Joe IturriVice Chair of Education
Steve EberhartVice Chair of Events
Mike EhmannVice Chair of Finance
Danielle RussellVice Chair of Membership
Andee OlenoDirector
Brent CortrightDirector
Chan JinDirector
Jody HarwoodDirector
Linda ZamoraDirector
Patti HuntDirector
Rich NewmanDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
AzltaManagement Services1240 E MISSOURI AVE, Phoenix, AZ 85014$140,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$104,944
Investment Income
$14,346
Other Revenue
$0
Change in Net Assets
$-340,909
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
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

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
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
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Arizona Lodging & Toursim AssocPhoenix, AZ501c6Transfer for Final Return$277,214
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
Yes
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$12,500
Total Nondeductible Lobbying and Political Cost$12,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has the following members active, allied, corporate, tourism honorary and student members. Only board members may vote.

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

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.

Form 990, Part VI, Section B, Line 12C

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.

Form 990, Part VI, Section B, Line 15

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.

Form 990, Part VI, Section C, Line 19

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.

Filing and Contact Details

Filer

Filer Name
Valley Hotel & Resort Association
EIN
86-0749972
Phone
6023752996
Address
1240 E MISSOURI AVE, PHOENIX, AZ 85014

Signing Officer

Name
Kimberly Sabow
Title
President CEO
Signed
2021-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kimberly Sabow
Formed
1960
Legal Domicile
Az
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
11

Preparer

Firm
Sechler Morgan Cpas Pllc
Address
2418 W BARROW DRIVE, CHANDLER, AZ 85224
Preparer
Kristina Morgan CPA
Phone
6022302700
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IRS990/RoyaltiesGrp/TotalAmt00
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IRS990ScheduleC/AgreeCarryoverPriorYearInd0true
IRS990ScheduleC/DuesAssessmentsAmt0100099
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt012500
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt012500
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IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleC/TaxableAmt0-12543
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0277214
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c6
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Transfer for Final Return
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Arizona Lodging & Toursim Assoc
IRS990ScheduleI/RecipientTable/RecipientEIN0860003185
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01240 E Missouri Ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Phoenix
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd085014
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IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Accounts Receivable
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1Cash
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0Arizona Lodging & Toursim Assoc
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1Arizona Lodging & Toursim Assoc
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02020-12-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12020-12-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0860003185
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1860003185
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt012207
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt1265007
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501c6
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1501c6
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0FMV
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1FMV
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt01240 E Missouri Ave
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt11240 E Missouri Ave
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0Phoenix
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1Phoenix
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1AZ
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd085014
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd185014
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IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0THE 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/FormAndLineReferenceDesc0Part I Line 2a
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS THE FOLLOWING MEMBERS ACTIVE, ALLIED, CORPORATE, TOURISM HONORARY AND STUDENT MEMBERS. ONLY BOARD MEMBERS MAY VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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/ExplanationTxt2AT 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/ExplanationTxt3THE 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/ExplanationTxt4THE 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/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
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IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0true
IRS990/TotalAssetsBOYAmt0362834
IRS990/TotalAssetsEOYAmt00
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IRS990/TotalProgramServiceRevenueAmt0104944
IRS990/TotalRevenueGrp/ExclusionAmt014346
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0104944
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0119290
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0362834
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TravelGrp/TotalAmt060
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01240 E MISSOURI AVE
IRS990/USAddress/CityNm0PHOENIX
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085014
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IRS990/WebsiteAddressTxt0www.vhra.net
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KIMBERLY SABOW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VALLEY HOTEL & RESORT ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0VALL
ReturnHeader/Filer/EIN0860749972
ReturnHeader/Filer/PhoneNum06023752996
ReturnHeader/Filer/USAddress/AddressLine1Txt01240 E MISSOURI AVE
ReturnHeader/Filer/USAddress/CityNm0PHOENIX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085014
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SECHLER MORGAN CPAS PLLC

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