2023-11-13T09:52:54-06:00 2022-12-31 521073331 DEMBO JONES PC 6116 EXECUTIVE BLVD SUITE 500 NORTH BETHESDA MD 20852 990 2022-01-01 581906959 ASIAN AMERICAN HOTEL OWNERS ASSOCIATION INC ASIA 4048165759 1100 ABERNATHY ROAD 725 ATLANTA GA 303285644 LAURA LEE BLAKE PRESIDENT 4048165759 2023-11-01 1 LAURA LEE BLAKE 999009999 0 DAVID J SHERDEL CPA P01306021 3017705100 2023-11-01 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z AAHOA LAURA LEE BLAKE 1100 ABERNATHY ROAD 725 ATLANTA GA 303285644 15676938 0 X AAHOA.COM X 1990 GA AAHOA'S MISSION IS TO ADVANCE AND PROTECT THE BUSINESS INTERESTS OF HOTEL OWNERS THROUGH ADVOCACY, 36 36 48 480 234123 168788 0 684965 10216037 10727868 609695 534309 3466391 3729796 14292123 15676938 414265 315857 0 0 4544931 4471528 0 0 0 9361839 10546506 14321035 15333891 -28912 343047 22232306 21895939 12883947 14792632 9348359 7103307 AAHOA'S MISSION IS TO ADVANCE AND PROTECT THE BUSINESS INTERESTS OF HOTEL OWNERS THROUGH ADVOCACY, INDUSTRY LEADERSHIP, PROFESSIONAL DEVELOPMENT, MEMBER BENEFIT, AND COMMUNITY ENGAGEMENT. 0 0 15333891 AAHOA ORGANIZES ONE OF THE LARGEST AND MOST INFLUENTIAL CONFERENCES AND TRADE SHOWS IN THE COUNTRY, PROVIDING EDUCATION, INDUSTRY UPDATES, NETWORKING, AND ACCESS TO VENDOR PARTNERS. AAHOA ORGANIZES AND SUPPORTS REGIONAL AND TOWN HALL MEETINGS TO HELP HOTEL OWNERS ACCESS LOCALLY THE BENEFITS OF ASSOCIATION MEMBERSHIP, INCLUDING EDUCATION, INDUSTRY UPDATES, NETWORKING, AND ACCESS TO VENDOR PARTNERS. AAHOA HAS AN INNOVATIVE EDUCATIONAL SEMINAR PROGRAM THAT INCLUDES FEATURES SUCH AS E-LEARNING AND A CERTIFICATE IN HOTEL OWNERSHIP [READ: NOT A CERTIFICATION PROGRAM] 15333891 0 1 1 1 0 0 0 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 84 0 1 48 1 1 1 0 0 0 0 0 0 0 X 36 36 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 GA X X THE ORGANIZATION 4048165759 1100 ABERNATHY ROAD 725 ATLANTA GA 303285644 NISHANT NEAL PATEL CHAIR 1.00 X X 0 0 0 BHARAT PATEL VICE CHAIR 1.00 X X 0 0 0 MIRAJ S PATEL TREASURER 1.00 X X 0 0 0 KAMALESH KP PATEL SECRETARY 1.00 X X 0 0 0 VINAY PATEL PAST CHAIR 1.00 X X 0 0 0 SANJAY M PATEL ALABAMA REGIONAL DIRECTOR 1.00 X 0 0 0 CHINTU DANNY MAGAN ARKANSAS REGIONAL DIRECTOR 1.00 X 0 0 0 ARTI PATEL CENTRAL MIDWEST REGIONAL DIRECTOR 1.00 X 0 0 0 RAHUL PATEL FLORIDA REGIONAL DIRECTOR 1.00 X 0 0 0 VIK ZAVER GEORGIA REGIONAL DIRECTOR 1.00 X 0 0 0 VIMAL PATEL GULF REGIONAL DIRECTOR 1.00 X 0 0 0 NARESH D BHAKTA GLAA REGIONAL DIRECTOR 1.00 X 0 0 0 MAHENDRA MZ PATEL MID ATLANTIC REGIONAL DIRECTOR 1.00 X 0 0 0 HARIKRISHNA HK PATEL MID-SOUTH REGIONAL DIRECTOR 1.00 X 0 0 0 PINKESH PATEL NORTH CAROLINA REGIONAL DIRECTOR 1.00 X 0 0 0 BHAVESH PATEL NORTH CENTRAL REGIONAL DIRECTOR 1.00 X 0 0 0 KAMALESH KP PATEL NORTH PACIFIC REGIONAL DIRECTOR 1.00 X 0 0 0 DHIREN MASTERS NORTH TEXAS REGIONAL DIRECTOR 1.00 X 0 0 0 PREYAS PATEL NORTHEAST REGIONAL DIRECTOR 1.00 X 0 0 0 TARAN PATEL NORTHWEST REGIONAL DIRECTOR 1.00 X 0 0 0 KIRAN KEVIN PATEL SOUTH CENTRAL TEXAS REGIONAL DIRECTOR 1.00 X 0 0 0 FENIL DESAI SOUTH CAROLINA REGIONAL DIRECTOR 1.00 X 0 0 0 MIKE RIVERSIDE SOUTH PACIFIC REGIONAL DIRECTOR 1.00 X 0 0 0 AILESH MULJI SOUTHEAST TEXAS REGIONAL DIRECTOR 1.00 X 0 0 0 DHARMESH AHIR SOUTHWEST REGIONAL DIRECTOR 1.00 X 0 0 0 KALPESH JOSHI UPPER MIDWEST REGIONAL DIRECTOR 1.00 X 0 0 0 DEEPAK PATEL WASHINGTON D.C AREA REGIONAL DIRECTOR 1.00 X 0 0 0 TANMAY PATEL YP DIRECTOR WESTERN DIVISION 1.00 X 0 0 0 BHAVIK PATEL YP DIRECTOR EASTERN DIVISION 1.00 X 0 0 0 LINA PATEL FEMALE DIRECTOR EASTERN DIVISION 1.00 X 0 0 0 TEJAL PATEL FEMALE DIRECTOR WESTERN DIVISION 1.00 X 0 0 0 FAHEEM KHAN INDUSTRY PARTNER 1.00 X 0 0 0 PINAL PATEL DAL EASTERN DIVISION 1.00 X 0 0 0 HITESH PATEL DAL WESTERN DIVISION 1.00 X 0 0 0 LAURA LEE BLAKE PRESIDENT AND CEO 40.00 X X 292308 0 23197 KEN GREENE FORMER PRESIDENT AND CEO 40.00 X X 137110 0 7573 DEAN ARDELL HEYL VP GOVERNMENT AFFAIRS 40.00 X 235540 0 16768 HEATHER CARNES EVP COMMUNICATIONS 40.00 X 207978 0 31837 GEETIKA TANGRA VP MEMBERSHIP 40.00 X 173380 0 24780 PHELPS HOPE EVP OPERATIONS 40.00 X 138462 0 9748 FREDERICK THOMPSON SR FINANCE DIRECTOR - STRATEGIC PLANNING 40.00 X 134862 0 5962 1319640 0 119865 10 0 1 0 JAY BHARAT FOODS LLC 7871 PARAMOUNT BLVD PICO RIVERA CA 90660 CONFERENCE 555745 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET 300 MINNEAPOLIS MN 55402 ACCOUNTING 363645 WORLDWRIDE SPEAKERS GROUP LLC 99 CANAL CENTER PLAZA 100 ALEXANDRIA VA 22314 AUDIOVISUAL 226266 ALPINE GROUP PARTNERS LLC 500 N CAPITAL ST 210 WASHINGTON DC 20001 CONSULTING 120000 4 684965 684965 CONVENTION AND REGIONAL MEETINGS 721110 5510385 5510385 MEMBERSHIP DUES 721110 4432637 4432637 LIFETIME MEMBERSHIP 721110 784846 784846 10727868 534309 534309 3670731 3436608 234123 OTHER IMCOME 900099 59065 59065 59065 15676938 14223541 234123 534309 315857 460187 3349481 111587 286843 263430 121404 353998 248535 15701 757242 170460 87851 25465 371331 745462 5894942 249720 74127 TAXES 42490 DUES AND SUBSCRIPTIONS 569068 SOFTWARE LICENSES 432453 CREDIT CARD CHARGES 204756 181501 15333891 5348013 6146234 238462 270058 221246 487801 432779 1575999 1228687 449428 347312 14425700 4019047 951825 9519153 61019 1210168 22232306 21895939 683158 1171798 11069797 12072923 1130992 1547911 12883947 14792632 X 9348359 7103307 9348359 7103307 22232306 21895939 343047 -2588099 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17485 0 0 1 5217483 377296 -923431 -546135 1037109 -1583244 PART I-A, LINE 1 THE ORGANIZATION CONTRIBUTES TO MULTIPLE ORGANIZATIONS AND CANDIDATES WHO SUPPORT CAUSES AND LEGISLATIVE PRIORITIES OF AAHOA. IN 2022 AAHOA CONTRIBUTED $2,103 TO SIM GILL FOR SALT LAKE COUNTY DA, $1,488 TO NJ SENATE, $5,000 TO RON DESANTIS FOR FL GOVERNOR, $ 2,000 TO RAJ MUKHERJI FOR NJ STATE ASSEMBLYMAN, $2,500 TO HENRY MCMASTER FOR SC GOVERNOR, AND $4,394 TO SUPPORT NJ DEMOCRATIC MAJORITY. 276248 159619 116629 1299751 1069068 230683 347312 CORPORATE BONDS 5935060 C FIXED SECURITIES 713150 C FIXED INCOME GOVERNMENT SECURITIES 1093003 C FIXED INCOME SECURITIES MUNICIPAL BONDS 420850 C FOREIGN BONDS 1243514 C MONEY MARKET FUND 113576 C 9519153 DEPOSITS 32744 RIGHT-OF-USE ASSET 1177424 1210168 LEASE LIABILITY 1547911 1547911 X 13073778 -2588099 -2588099 15661877 15061 15061 15676938 15318830 0 15318830 15061 15061 15333891 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE ASSOCIATION TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF IT IS MORE LIKELY THAN NOT THAT UNCERTAIN TAX POSITIONS TAKEN WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ASSOCIATION HAS ANALYZED TAX POSITIONS TAKEN AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2022, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ASSOCIATION HAD NO INTEREST AND PENALTIES RELATED TO INCOME TAXES, FOR THE YEAR ENDED DECEMBER 31, 2022. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ASSOCIATION'S RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. 0 MAKE-A-WISH FOUNDATION 800 N CALHOUN ST TALLAHASSEE FL 32303 860481941 501C3 65939 0 SPONSORSHIP NATIONAL ASSOCIATION OF BLACK HOTEL OWNERS 3520 W BROWARD BLVD FORT LAUDERDALE FL 33312 651132011 501C6 10000 0 SPONSORSHIP MARYLAND HOTEL LODGING ASSOCIATION 20 RIDGELY AVENUE SUITE 309 ANNAPOLIS MD 21401 526056372 501C6 10000 0 SPONSORSHIP CALIFORNIA HOTEL AND LODGING ASSOCIATION 414 29 STREET SACRAMENTO CA 95816 680194614 501C3 14000 0 SPONSORSHIP SURTI LEUVA PATIDAR SAMAJ DALLAS 1910 N BRITIAN RD IRVING TX 75061 830370747 501C3 16575 0 SPONSORSHIP THOLOS FOUNDATION 722 12TH STREET NW 400 WASHINGTON DC 20005 521400492 501C3 9000 0 SPONSORSHIP TEXAS HOTEL AND LODGING ASSOCIATION 1701 WEST AVENUE AUSTIN TX 78701 740940600 501C6 10000 0 SPONSORSHIP PERDIATRIC CANCER RESEARCH FOUNDATION 17932 SKY PARK CIRCLE SUITE E IRVINE CA 92614 953772528 501C3 15214 0 SPONSORSHIP ROADRUNNER FOOD BANK INC 5840 OFFICE BLVD NE ALBUQUERQUE NM 87109 850278525 501C3 15214 0 SPONSORSHIP UNITED WAY OF CENTRAL NEW MEXICO 2340 ALAMO AVENUE SOUTHEAST ALBUQUERQUE NM 87106 850277138 501C3 15214 0 SPONSORSHIP AUTISM SOCIETY 9320 SOUTHWEST BARBUR BLVD PORTLAND OR 97219 930771249 501C3 25415 0 SPONSORSHIP BUSINESS ENDING SLAVERY AND TRAFFICKING 1201 1ST AVE S SUITE 321 SEATTLE WA 98134 455046786 501C3 25415 0 SPONSORSHIP NORAS HOME 8300 EL RIO STREET HOUSTON TX 77054 621763895 501C3 7966 0 SPONSORSHIP HOPES DOOR 860 F AVENUE STE 100 PLANO TX 75074 752038796 501C3 7966 0 SPONSORSHIP THE BRIDGE BREAST NETWORK INC 4000 JUNIUS STREET DALLAS TX 75246 752436606 501C3 7966 0 SPONSORSHIP TINY SMILING FACES 223 OAK HILL ROAD HORSEHEADS NY 14845 454611761 501C3 7966 0 SPONSORSHIP RONALD MCDONALD HOUSE 1429 IRIS DRIVE SE CONYERS GA 30013 581295754 501C3 12118 0 SPONSORSHIP CHILDRENS HEALTHCARE OF ATLANTA 1575 NORTHEAST EXPRESS WAY ATLANTA GA 30329 581710601 501C3 12118 0 SPONSORSHIP HINDU CENTER OF CHARLOTTE 7400 CITY VIEW DRIVE CHARLOTTE GA 28212 581442185 501C3 16737 0 SPONSORSHIP 17 3 PART I LINE 2 REGIONAL DONATIONS 1. EACH REGIONAL DIRECTOR MAY ALLOCATE UP TO $4,000, DURING EACH CALENDAR YEAR, TO SPONSOR INDUSTRY, ADVOCACY, OR COMMUNITY EVENTS IN SUPPORT OF AAHOA'S STRATEGIC PLAN. REGIONAL DIRECTORS MAY COMBINE FUNDS TO SPONSOR EVENTS, HOWEVER, ANNUAL FUNDING LIMITS PER REGIONAL DIRECTOR SHALL APPLY. 2. REGIONAL DONATION REQUESTS SHALL BE APPROVED BY THE PRESIDENT OR HIS/HER DESIGNEE UPON CONFIRMATION OF THE EVENT AND RECEIPT OF REQUIRED DOCUMENTATION, INCLUDING A W-9 FORM. 3. APPROVED FUNDS SHALL NOT BE USED FOR PERSONAL COSTS OR EXPENSES. 4. THE OFFICERS MAY APPROVE AAHOA SPONSORSHIP OF NATIONAL INDUSTRY-RELATED EVENTS WITHIN THE ANNUAL BUDGET OR THE PRESIDENT'S SPENDING AUTHORITY. CHARITABLE OR FUNDRAISING EVENTS POLICY 1. AAHOA MAY FROM TIME-TO-TIME ENGAGE IN CHARITABLE FUNDRAISING ACTIVITIES. THESE ACTIVITIES MUST BE APPROVED BY THE PRESIDENT AND A MAJORITY VOTE OF THE BOARD OF DIRECTORS. 2. AAHOA SHALL FUNDRAISE ONLY FOR TAX-EXEMPT CHARITIES AND THE EVENT BUDGET SHALL SPECIFY THE ALLOCATION OF ANY EVENT PROCEEDS AND THE CHARITY TO WHOM THE PROCEEDS WILL BE GIFTED. SHOULD THE EVENT NOT BE PROFITABLE, NO CHARITABLE CONTRIBUTIONS WILL BE MADE. 3. NO ALCOHOL SHALL BE PAID FOR BY AAHOA AT CHARITABLE EVENTS. 4. THE AAHOA DIRECTOR PLANNING THE CHARITABLE EVENT SHALL ENSURE MEASURABLE FUNDRAISING GOALS ARE SET FOR THE APPROVED CHARITY. 5. BUDGETS FOR CHARITABLE EVENTS SHALL REFLECT A MINIMUM 20% SURPLUS OF REVENUES OVER EXPENSES FOR FUNDRAISING AND BE APPROVED BY A MAJORITY OF OFFICERS. A. EVENT PLANNING I. THE DIRECTOR OR AN ASSIGNED REGIONAL AMBASSADOR SHALL RECOMMEND THE ASIAN AMERICAN HOTEL OWNERS ASSOCIATION, INC. 58-1906959 VENUE FOR THE EVENT; THE VENUES MUST INCLUDE APPROPRIATE FACILITIES FOR ANY PLANNED FUNCTIONS. II. THE DIRECTOR OR AN ASSIGNED REGIONAL AMBASSADOR SHALL SELECT THE CATERER FOR THE EVENT AND SUBMIT THE RELEVANT INFORMATION TO THE AAHOA PRESIDENT OR DESIGNEE, WHO WILL SECURE A CONTRACT WITH THE CATERER. B. GOLF TOURNAMENTS I. AAHOA SHALL NOT HOST MORE THAN FIVE GOLF TOURNAMENTS ANNUALLY UNLESS THIS LIMIT IS WAIVED BY A UNANIMOUS VOTE OF THE OFFICERS. II. APPLICATIONS BY REGIONAL DIRECTORS TO HOST A GOLF TOURNAMENT ARE DUE SEPTEMBER 15 IN THE YEAR PRECEDING THE PROPOSED EVENT. IF THE OFFICERS HAVE NOT APPROVED FIVE GOLF TOURNAMENT APPLICATIONS BY THE LAST DAY OF THE ANNUAL CONVENTION, ANY NEWLY ELECTED REGIONAL DIRECTORS MAY SUBMIT AN APPLICATION. III. APPLICATIONS SUBMITTED TO THE OFFICERS FOR CONSIDERATION FEWER THAN 120 DAYS FROM THE PROPOSED EVENT DATE SHALL NOT BE CONSIDERED. IV. ANY REGION THAT HAS HOSTED AN AAHOA GOLF TOURNAMENT IN ALL THREE CALENDAR YEARS IMMEDIATELY PRECEDING THE PROPOSED EVENT AND WHOSE REGIONAL DIRECTOR SUBMITS AN APPLICATION IN ACCORDANCE WITH THIS POLICY MAY BECOME ONE OF THE MAXIMUM FIVE GOLF TOURNAMENTS. IF MORE THAN FIVE APPLICATIONS SATISFYING THIS POLICY ARE SUBMITTED BY THE DEADLINE, THE OFFICERS SHALL SELECT THE GOLF TOURNAMENTS BY A RANDOM DRAWING. V. ANY REGIONAL DIRECTOR WHO FILED AN APPLICATION THAT WAS NOT SELECTED IN THE RANDOM DRAWING SHALL HAVE THE RIGHT OF FIRST REFUSAL TO HOST A GOLF TOURNAMENT THE FOLLOWING YEAR. HOWEVER, IF THE NUMBER OF APPLICANTS NOT SELECTED DURING THE RANDOM DRAWING EXCEED THE MAXIMUM NUMBER OF GOLF TOURNAMENT PERMITTED BY POLICY, NO REGIONAL DIRECTOR SHALL BE EXTENDED THE RIGHT OF FIRST REFUSAL TO HOST A TOURNAMENT THE FOLLOWING YEAR. X X X 0 0 0 LAURA LEE BLAKE PRESIDENT AND CEO 292308 0 0 0 0 0 14250 0 8947 0 315505 0 0 0 DEAN ARDELL HEYL VP GOVERNMENT AFFAIRS 235540 0 0 0 0 0 10623 0 6145 0 252308 0 0 0 HEATHER CARNES EVP COMMUNICATIONS 207978 0 0 0 0 0 10399 0 21438 0 239815 0 0 0 GEETIKA TANGRA VP MEMBERSHIP 173380 0 0 0 0 0 8689 0 16091 0 198160 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 AAHOA HAS TWO CLASSES OF MEMBERSHIP: 1. HOTELIER MEMBERS AND 2. INDUSTRY PARTNER, ALLIED MEMBER, AND OTHER DESIGNATED BUSINESS OR CORPORATE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE AAHOA MEMBERS ELECT THE BOARD OF DIRECTORS AND GOVERNING BODY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE 990 RETURN IS PREPARED BY AN OUTSIDE PUBLIC ACCOUNTING FIRM, THE FORM IS REVIEWED BY LAURA LEE BLAKE, THE PRESIDENT & CEO. ONCE THE FORM HAS BEEN REVIEWED, INCLUDING ACCOMPANYING SCHEDULES AND STATEMENTS, AND IS DEEMED TO BE TO THE BEST OF THEIR KNOWLEDGE AND BELIEF TO BE TRUE, CORRECT, AND COMPLETE, LAURA LEE BLAKE SIGNS THE ELECTRONIC FILING AUTHORIZATION AND SUBMITS IT TO DEMBO JONES TO BE ELECTRONICALLY FILED BY THE FIRM. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZAION HAS A GOVERNANCE COMMITTEE AND A FINANCIAL AUDIT COMMITTEE WHO MONITOR AND OVERSEE THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL COMPENSATION IS DETERMINED BY BOARD OFFICER'S RECOMMENDATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAINTAINS ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS IN PERMANENT FILES WHICH ARE READILY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGE AAHOA PAC 228 S WASHINGTON STREET SUITE 115 ALEXANDRIA VA 22314 541913382 LOBBYING VA 527 AAHOA 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0