2012-11-09T14:45:42-06:00 2011-12-31 560574444 CHERRY BEKAERT & HOLLAND LLP 1180 WEST PEACHTREE ST STE 1400 ATLANTA GA 30309 990 2011-01-01 581906959 ASIAN AMERICAN HOTEL OWNERS ASSOCIATION ASIA 4048165759 7000 PEACHTREE DUNWOODY ROAD BLDG 7 ATLANTA GA 30328 FRED SCHWARTZ 4048165759 2012-10-29 1 LYNN JOHNSON P01283387 4042090954 2011 2016-02-24 21:20:13Z FRED SCHWARTZ 7000 PEACHTREE DUNWOODY ROAD BLDG 7 ATLANTA GA 30328 7125264 0 X WWW.AAHOA.ORG X 1990 GA THE AAHOA'S PURPOSE IS TO PROMOTE AND SUPPORT THE GROWTH AND SUCCESS OF HOTEL, MOTEL, AND TRANSIENT LODGING FACILITY OWNERSHIP AND MANAGEMENT BY INDIVIDUALS OF ASIAN-AMERICAN ANCESTRY. THE ASSOCIATION HAS OVER 10,000 MEMBERS OWNING MORE THAN 20,000 HOTELS ACROSS THE UNITED STATES. 33 32 15 0 181525 55362 0 0 4938492 5509190 137702 100986 1237895 1515088 6314089 7125264 0 12500 0 0 1197651 1303952 0 0 0 5002817 5476258 6200468 6792710 113621 332554 6410864 6718308 0 3926 6410864 6714382 X THE AAHOA'S PURPOSE IS TO PROMOTE AND SUPPORT THE GROWTH AND SUCCESS OF HOTEL, MOTEL, AND TRANSIENT LODGING FACILITY OWNERSHIP AND MANAGEMENT BY INDIVIDUALS OF ASIAN-AMERICAN ANCESTRY. THE ASSOCIATION HAS OVER 10,000 MEMBERS OWNING MORE THAN 20,000 HOTELS ACROSS THE UNITED STATES. 0 0 AAHOA ORGANIZES ONE OF THE LARGEST AND MOST INFLUENTIAL ANNUAL CONFERENCE AND TRADE SHOWS IN THE COUNTRY TO EDUCATE ASIAN AMERICANS IN THE HOTEL INDUSTRY. THOUSANDS OF MEMBERS AND NON-MEMBERS ATTENDED THIS YEAR'S CONFERENCE HELD IN LAS VEGAS, NEVADA. THE AAHOA ORGANIZES AND SUPPORTS REGIONAL AND TOWN HALL MEETINGS TO ADDRESS MEMBER'S EDUCATIONAL AND SUPPORT NEEDS. THE AAHOA HAS AN INNOVATIVE EDUCATIONAL SEMINAR PROGRAM THAT INCLUDES FEATURES SUCH AS E-LEARNING, A CERTIFIED HOTEL OWNER'S PROGRAM CERTIFICATION, AND SUPPORT OF HOSPITALITY SCHOOLS THAT ADDRESS ISSUES FROM FINANCIAL MANAGEMENT TO BEST INDUSTRY PRACTICES. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 15 0 1 1 0 0 0 0 0 X 33 32 1 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 0 1 1 0 GA X FRED SCHWARTZ 4048165759 7000 PEACHTREE DUNWOODY ROAD NE ATLANTA GA 30328 HEMANT D PATEL 1.00 X 0 0 0 CHANDRAKANT I PATEL 1.00 X X 0 0 0 ALKESH R PATEL 1.00 X X 0 0 0 MEHUL B PATEL 1.00 X X 0 0 0 PRATIK R PATEL 1.00 X X 0 0 0 ANAND G PATEL 1.00 X 0 0 0 ARVIND G PATEL 1.00 X 0 0 0 ATUL G PATEL 1.00 X 0 0 0 BHAVESH B PATEL 1.00 X 0 0 0 CHANDRESH BRAHMBHATT 1.00 X 0 0 0 DHARMENDRA PATEL 1.00 X 0 0 0 DILIPKUMAR S PATEL 1.00 X 0 0 0 DINESH S RAMA 1.00 X 0 0 0 DIPAK N PATEL 1.00 X 0 0 0 JAY PATEL 1.00 X 0 0 0 JAY R PATEL 1.00 X 0 0 0 JAY THAKOR 1.00 X 0 0 0 JAYESH R PATEL 1.00 X 0 0 0 JAYESH JAY PATEL 1.00 X 0 0 0 MITESH PATEL 1.00 X 0 0 0 NIMESH A ZAVER 1.00 X 0 0 0 PARESH PATEL 1.00 X 0 0 0 RAMESH K PATEL 1.00 X 0 0 0 SHAILENDRA N DEVDHARA 1.00 X 0 0 0 BHARAT PATEL 1.00 X 0 0 0 HITESH PATEL 1.00 X 0 0 0 JAGRUTI PANWALA 1.00 X 0 0 0 RAJESH BHAGIA 1.00 X 0 0 0 SATISH GABHAWALA 1.00 X 0 0 0 SHAILESH PATEL 1.00 X 0 0 0 DAVE PATEL 1.00 X 0 0 0 FAHEEM KHAN 1.00 X 0 0 0 FRED SCHWARTZ 40.00 X 230849 0 0 LAURA LEE BLAKE 40.00 X 158885 0 0 389734 0 0 2 0 1 0 SANDS EXPO AND CONVENTION CENTER 201 EAST SANDS AVE LAS VEGAS NV 89169 RENTAL 517369 AMERICAN EXPRESS PO BOX 650448 DALLAS TX 75265 CREDIT 497237 KAPOOR AND KAPOOR 41 N GARFIELD AVE SUITE 204 ALHAMBRA CA 91801 CONSULTING 374002 PRODUCTION RESOURCES GROUP PO BOX 5116 NEW YORK NY 10087 EVENT SERVICES 271075 JAY BAHRAT FOOD INC 7871 PARAMOUNT BLVD PICO RIVERA CA 90660 SUPPLIES 239000 8 ANNUAL CONVENTION 721110 2514503 2514503 MEMBERSHIP DUES 721110 2136696 2136696 REGIONAL MEETINGS 721110 541976 541976 LIFETIME MEMBERS 721110 203515 203515 EDUCATION PROGRAMS 721110 105000 105000 7500 7500 5509190 100986 100986 1331141 1331141 ADVERTISING INCOME 541800 181525 181525 SETTLEMENT REVENUE 541100 2422 2422 183947 7125264 6842753 181525 100986 7500 5000 389734 819088 19350 75780 25215 33384 113193 131837 43085 326287 154081 15858 206530 2954718 64781 160057 EDUCATIONAL PROGRAMS 368989 BOARD EXPENSES 355761 OTHER EXPENSES 140328 SPONSORSHIPS 139473 242681 6792710 1237682 948964 3832828 4302918 7319 457638 1304132 474335 879300 829797 178991 453735 0 6410864 6718308 3926 0 3926 X 0 0 0 0 6410864 6714382 6410864 6714382 6410864 6718308 X 332554 -29036 X 0 1 1 X 0 37500 0 0 0 0 0 0 2136696 PART IV, SUPPLEMENTAL INFORMATION: THE ORGANIZATION CONTRIBUTES TO MULTIPLE ORGANIZATIONS AND CANDIDATES WHO SUPPORT CAUSES AND LEGISLATIVE PRIORITIES OF THE AAHOA. 87120 87120 704880 82033 622847 169176 98452 70724 342956 293850 49106 829797 7125264 6792710 332554 -29036 -29036 303518 7096228 -29036 -29036 7125264 0 7125264 6792710 0 6792710 0 6792710 1 0 0 0 0 0 0 0 0 0 SCHOLARSHIP TO ATTEND UNIVERSITY INDIA 1 5000 CHECK FMV 0 0 0 0 0 0 1 CORNELL UNIVERSITY SCHOLARSHIP DIVISION PO BOX 752 ITHACA NY 14851 150532082 2500 FMV SCHOLARSHIP FUNDING NEW YORK UNIVERSITY 726 BROADWAY 9TH FLOOR NEW YORK NY 10003 135562308 5000 FMV SCHOLARSHIP FUNDING 2 X X X 0 0 0 FRED SCHWARTZ 230849 0 0 0 0 0 0 0 0 0 230849 0 0 0 LAURA LEE BLAKE 158885 0 0 0 0 0 0 0 0 0 158885 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 VARIOUS MEMBERS OF THE BOARD OF DIRECTORS HAVE FAMILY RELATIONSHIPS WITH OTHER DIRECTORS. IN ADDITION, THE BOARD IS AWARE OF SUCH RELATIONSHIPS AND APPROPRIATELY MONITORS EACH AS NEEDED. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION HAS CHANGED ITS ORGANIZATION DOCUMENTS TO REFLECT THE ESTABLISHMENT OF THE AAHOA CHARITABLE FUND, A 501(C)(3) ORGANIZATION, TO SUPPORT AAHOA'S CHARITABLE EFFORTS UNDER IRC 509 INCLUDING HUMANITARIAN AND DISASTER RELIEF EFFORTS. FORM 990, PART VI, SECTION A, LINE 6 AAHOA IS A 501(C)(6) TRADE AND MEMBERSHIP ORGANIZATION. 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 A, LINE 7B THE DECISIONS OF THE GOVERNING BODY IS SUBJECT TO APPROVAL BY THE MEMBERS OF THE AAHOA. FORM 990, PART VI, SECTION B, LINE 11 AFTER THE 990 RETURN IS PREPARED BY AN OUTSIDE FIRM CHERRY, BEKAERT, & HOLLAND, L.L.P., THE FORM IS FIRST REVIEWED BY THE ACCOUNTING MANAGER, LAARNI MATA, AND THEN IS SUBSEQUENTLY REVIEWED BY LAURA LEE BLAKE, THE VP OF FAIR FRANCHISING, GOVERNMENT AFFAIRS, & GENERAL COUNSEL, AND BY FRED SCWARTZ, THE PRESIDENT. ONCE THE FORM HAS BEEN EXAMINED, INCLUDING ACCOMPANYING SCHEDULES AND STATEMENTS, AND IS DEEMED TO THE BEST OF THEIR KNOWLEDGE AND BELIEF TO BE TRUE, CORRECT, AND COMPLETE, MR. SCHWARTZ SUBMITS THE FORM TO THE ENTIRE BOARD OF DIRECTORS ELECTRONICALLY FOR THEIR REVIEW PRIOR TO THE NEXT BOARD MEETING. EACH BOARD MEMBER HAS AN OPPORTUNITY TO REVIEW THE FORM AND A REASONABLE PERIOD OF TIME TO BRING FORWARD ANY QUESTIONS OR POTENTIAL REVISIONS. UPON BOARD APPROVAL MR. SCHWARTZ SIGNS THE ELECTRONIC FILING AUTHORIZATION AND SUBMITS IT TO CHERRY, BEKAERT, & HOLLAND L.L.P. TO BE ELECTRONICALLY FILED BY THE FIRM. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS AND DIRECTORS OF THE ORGANIZATION RECEIVE ANNUALLY A CONFLICT OF INTEREST POLICY TO REVIEW AND SIGN. COPIES OF THE SIGNED POLICY STATEMENTS ARE MAINTAINED AND INTERNALLY REVIEWED BY INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 AN ANNUAL COMPENSATION OF ALL OFFICERS AND KEY EMPLOYEES IS DETERMINED BY INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS WITHOUT THE PRESENCE OF THE EMPLOYEES UNDER REVIEW.COMPENSATION PACKAGES INCLUDING SALARY AND EMPLOYEE BENEFITS IS DETERMINED TO BE INDUSTRY COMPARABLE IN AN ANNUAL EVALUATION PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAITAINS ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS IN PERMANENT FILES WHICH ARE READILY AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -29,036. ASIAN AMERICAN HOTEL OWNERS ASSOCIATION SCHOLARSHIP FUND 7000 PEACHTREE DUNWOODY RD NE BLDG ATLANTA GA 30328 311529885 PROVIDE SCHOLARSHIPS FOR ASIAN AMERICAN HOSPITALITY STUDENTS GA 501 (C)(3) 509(A)(3) ASIAN AMERICAN HOTEL OWNER'S ASSOCIATION 0 AAHOA CHARITABLE FUND 7000 PEACHTREE DUNWOODY RD NE BLDG ATLANTA GA 30328 453039286 SUPPORT AAHOA'S CHARITABLE EFFORTS GA 501 (C)(3) 509(A)(3) ASIAN AMERICAN HOTEL OWNER'S ASSOCIATION 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0