ALEXANDRIA HOTEL & HOSPITALITY INC

EIN: 411931187 Community Improvement

ALEXANDRIA, MN

Total Revenue
$840,410
Total Expenses
$857,529
Total Assets
$640,591
Net Assets
$635,996
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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
1998
Legal Domicile
MN
Principal Officer
JOSEPH KORKOWSKI
Phone
8002452539
Tax Period
2023-01-01 to 2023-12-31

ALEXANDRIA HOTEL & HOSPITALITY INC, founded in 1998, is a small nonprofit in the Community Improvement sector that reported $840K in total revenue in fiscal year 2023.

Mission

TO PROVIDE INFORMATION REGARDING THE VALUE OF SCHEDULING AND PLANNING EVENTS IN THE ALEXANDRIA, MN AREA.

Program Service Accomplishments

Program 1
Expenses: $720,480

TO PROVIDE INFORMATION REGARDING THE VALUE OF SCHEDULING AND PLANNING EVENTS IN THE ALEXANDRIA, MN AREA.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,103
Program Service Revenue $784,133
Investment Income $10,899
Other Revenue $34,275
TOTAL REVENUE $840,410

Expense Breakdown

Grants Paid $66,000
Salaries & Benefits $217,484
Fundraising Expenses $0
Program Expenses $720,480
Other Expenses $574,045
TOTAL EXPENSES $857,529

Year-over-Year Comparison

2023 2022 Change
Revenue $840,410 $820,181 +0.0%
Expenses $857,529 $712,664 +0.2%
Net Income $-17,119 $107,517 -1.2%
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

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Governance

Voting Members
12
Independent Members
12
Employees
3
Volunteers
14

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
4
$0
Total Directors
13
$92,815
Key Employees
1
$92,815
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joseph Korkowski EXECUTIVE DIRECTOR 040.00
Director Key Emp
$92,815 $0 $92,815
Bill Schultz PRESIDENT 002.00
Officer Director
$0 $0 $0
Craig Hamilton TREASURER 004.00
Officer Director
$0 $0 $0
Carolyn Owen SECRETARY 002.00
Officer Director
$0 $0 $0
Sue Jung BOARD MEMBER 001.00
Director
$0 $0 $0
David Justice BOARD MEMBER 001.00
Director
$0 $0 $0
Matt Kugler BOARD MEMBER 001.00
Director
$0 $0 $0
Roger Thalman BOARD MEMBER 001.00
Director
$0 $0 $0
Cami Calhoun BOARD MEMBER 001.00
Director
$0 $0 $0
Michele Bredeson BOARD MEMBER 001.00
Director
$0 $0 $0
Grant Hanson BOARD MEMBER 001.00
Director
$0 $0 $0
Fritz Bukowski BOARD MEMBER 001.00
Director
$0 $0 $0
Shari Prause VICE PRESIDENT 002.00
Officer 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
2024 No data No data No data No data
2023 $840,410 $857,529 $640,591 $-17,119
2022 $820,181 $712,664 $684,282 $107,517
2021 $657,754 $547,066 $549,512 $110,688
2020 $502,018 $379,753 $463,541 $122,265
2019 $584,020 $531,582 $317,521 $52,438
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