ST THOMAS-ST JOHN HOTEL & TOURISM ASSOCIATION INC

EIN: 660388686

ST THOMAS, VI

Total Revenue
$262,336
Total Expenses
$303,553
Total Assets
$20,118
Net Assets
$-165,207
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
VI
Principal Officer
WILLIAM NEWBOLD
Phone
3407746835
Tax Period
2024-01-01 to 2024-12-31

ST THOMAS-ST JOHN HOTEL & TOURISM ASSOCIATION INC, founded in 1981, is a small nonprofit that reported $262K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $304K exceeded revenue, resulting in a 16% operating deficit.

Mission

THE ASSOCIATION STRIVES TO BE AN INCLUSIVE AND UNIFIED VOICE OF THE HOSPITALITY INDUSTRY. OUR PURPOSE IS TO DEVELOP AND PROMOTE VIBRANT AND SUSTAINABLE TOURISM, PROVIDING EXCEPTIONAL EXPERIENCES FOR THE BENEFIT OF OUR GUESTS, MEMBERS AND OUR COMMUNITY.

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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 $250,130
Investment Income $206
Other Revenue $12,000
TOTAL REVENUE $262,336

Expense Breakdown

Grants Paid $0
Salaries & Benefits $164,440
Fundraising Expenses $0
Other Expenses $139,113
TOTAL EXPENSES $303,553

Year-over-Year Comparison

2024 2023 Change
Revenue $262,336 $351,222 -0.3%
Expenses $303,553 $315,326 0.0%
Net Income $-41,217 $35,896 -2.1%
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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Governance

Voting Members
23
Independent Members
23
Employees
2
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
5
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA HAMILTON EXECUTIVE DI 40.00
Highest
$131,000 $0 $131,000
TERRI BROWN IMMEDIATE PA 1.00
Officer
$0 $0 $0
JOEL KLING VICE CHAIRMA 1.00
Officer
$0 $0 $0
WILLIAM NEWBOLD TREASURER 1.00
Officer
$0 $0 $0
SUSAN WARREN SECRETARY 1.00
Officer
$0 $0 $0
SCOTT DERRICKSON CHAIRMAN 1.00
Officer
$0 $0 $0
RICHARD DOUMENG HOTEL DIRECT 1.00
Director
$0 $0 $0
AKHIL DESHWAL HOTEL DIRECT 1.00
Director
$0 $0 $0
MICHAEL DELUGO ALLIED DIREC 1.00
Director
$0 $0 $0
NICK POURZAL HONORARY MEM 1.00
Director
$0 $0 $0
PATRICK KIDD HOTEL DIRECT 1.00
Director
$0 $0 $0
TRUDIE PRIOR ALLIED DIREC 1.00
Director
$0 $0 $0
KALINA KENNEDY HOTEL/TS DIR 1.00
Director
$0 $0 $0
ANTHONY OTTLEY APPOINTED 1.00
Director
$0 $0 $0
SAMUEL REY ALLIED DIREC 1.00
Director
$0 $0 $0
AMOI FOERSSTEL APPOINTED 1.00
Director
$0 $0 $0
CHANTEL HOHEB APPOINTED 1.00
Director
$0 $0 $0
LAURA JARNIVEN HOTEL DIRECT 1.00
Director
$0 $0 $0
PAUL BISHOP HOTEL/TS DIR 1.00
Director
$0 $0 $0
ANTHONY SCHULTZ ALLIED DIREC 1.00
Director
$0 $0 $0
EDWARD THOMAS HONORARY MEM 1.00
Director
$0 $0 $0
DAVE ZIMMERMAN APPOINTED 1.00
Director
$0 $0 $0
AMY CAMPBELL APPOINTED 1.00
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
2024 $262,336 $303,553 $20,118 $-41,217
2023 $351,222 $315,326 $51,286 $35,896
2022 $226,795 $273,892 $34,378 $-47,097
2021 $215,820 $246,672 $51,576 $-30,852
2020 $188,455 $257,142 $83,337 $-68,687
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