CHARLOTTE AREA HOTEL ASSOCIATION (CAHA) (EIN 020608357) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

VINCE CHELENA

Phone

7043333234

Tax Period

2019-06-01 to 2020-05-31

CHARLOTTE AREA HOTEL ASSOCIATION (CAHA), founded in 2002, is a small nonprofit in the Community Improvement sector that reported $109K in total revenue in fiscal year 2019. Revenue fell 33% from the prior year — a significant decline worth monitoring.

Mission

THE MISSION IS TO SPEAK FOR AND REPRESENT THE CHARLOTTE REGIONAL CONVENTION AND MEETINGS HOTELS WITH A UNIFIED VOICE AND TO PROVIDE A FORUM AND NETWORK FOR THE EXCHANGE OF INFORMATION AND IDEAS; TO BE INFLUENTIAL IN LEADING THE DEVELOPMENT OF THE CONVENTION, MEETING AND TOURISM BUSINESS IN THE REGION; TO PARTNER WITH OTHER ORGANIZATIONS IN THAT DEVELOPMENT; AND TO ASSIST MEMBERS IN OPERATIONAL ISSUES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $23,100

Program Service Revenue $84,742

Investment Income $0

Other Revenue $900

TOTAL REVENUE $108,742

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $95,285

Other Expenses $15,437

TOTAL EXPENSES $105,631

Year-over-Year Comparison

	2019	2018	Change
Revenue	$108,742	$162,663	-0.3%
Expenses	$105,631	$163,270	-0.4%
Net Income	$3,111	$-607	-6.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DON LOCKHART	PAST PRESIDENT	0.00	Officer Director	$0	$0	$0
PETER GRILLS	PRESIDENT	0.00	Officer Director	$0	$0	$0
ERIC KOHLENSTEIN	SECRETARY	0.00	Officer Director	$0	$0	$0
BILL BENNETT	TREASURER	0.00	Officer Director	$0	$0	$0
VINCE CHELENA	EXECUTIVE DIRECTOR	20.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2020	$108,742	$105,631	$38,435	$3,111
2019	$162,663	$163,270	$35,024	$-607

CHARLOTTE AREA HOTEL ASSOCIATION (CAHA)