HOSPITALITY ASSET MANAGERS ASSOCIATION

EIN: 460574888 Community Improvement

NORTH SCITUATE, MA

Total Revenue
$317,351
Total Expenses
$280,708
Total Assets
$722,649
Net Assets
$722,649
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MA
Principal Officer
KERRY GABER
Phone
7815447330
Tax Period
2024-01-01 to 2024-12-31

HOSPITALITY ASSET MANAGERS ASSOCIATION, founded in 2012, is a small nonprofit in the Community Improvement sector that reported $317K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $281K left a modest 12% surplus.

Mission

AN ASSOCIATION OF PROFESSIONAL INDIVIDUALS WHO ARE FIDUCIARIES DEDICATED TO ENHANCE THE PROFESSION

Program Service Accomplishments

Program 1
Expenses: $280,708 Revenue: $317,351

THE ORGANIZATION WAS FORMED TO ENHANCE THE INDUSTRY AND PROVIDE NETWORKING OPPORTUNITIES FOR MEMBER MANAGERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $315,180
Investment Income $2,171
Other Revenue $0
TOTAL REVENUE $317,351

Expense Breakdown

Grants Paid $0
Salaries & Benefits $105,000
Fundraising Expenses $0
Program Expenses $280,708
Other Expenses $175,708
TOTAL EXPENSES $280,708

Year-over-Year Comparison

2024 2023 Change
Revenue $317,351 $292,626 +0.1%
Expenses $280,708 $263,376 +0.1%
Net Income $36,643 $29,250 +0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
N/A
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH GULLA PRESIDENT 0.50
Officer Director
$0 $0 $0
CHAD SORENSEN VICE-PRESIDENT 0.50
Officer Director
$0 $0 $0
NELE BREITBART SECRETARY 0.50
Officer Director
$0 $0 $0
KERRY GABER TREASURER 0.50
Officer Director
$0 $0 $0
JUSTIN EPPS MARKETING CHAIR 0.50
Director
$0 $0 $0
DINA WINDER INDUSTRY CHAIR 0.50
Director
$0 $0 $0
DAVID DANIELI INTERNATIONAL CHAIR 0.50
Director
$0 $0 $0
ADAM TEGGE EDUCATION CHAIR 0.50
Director
$0 $0 $0
DERRICK YEE PAST PRESIDENT 0.50
Director
$0 $0 $0
CARLY THORP BOARD MEMBER 0.50
Director
$0 $0 $0
EMILY MILLER BOARD MEMBER 0.50
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
2025 No data No data No data No data
2024 $317,351 $280,708 $722,649 $36,643
2023 $292,626 $263,376 $686,006 $29,250
2022 $227,401 $229,687 $656,756 $-2,286
2021 $83,677 $132,785 $659,042 $-49,108
2020 $152,189 $117,121 $708,150 $35,068
2019 $205,908 $188,781 $673,082 $17,127
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