METROPOLITAN MEMPHIS HOTEL & LODGING ASSOCIATION

EIN: 810560711 Community Improvement

MEMPHIS, TN

Total Revenue
$206,276
Total Expenses
$246,562
Total Assets
$19,009
Net Assets
$6,299
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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
TN
Principal Officer
DOUG OWINGS
Phone
9015815618
Tax Period
2023-01-01 to 2023-12-31

METROPOLITAN MEMPHIS HOTEL & LODGING ASSOCIATION, founded in 2002, is a small nonprofit in the Community Improvement sector that reported $206K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $247K exceeded revenue, resulting in a 20% operating deficit.

Mission

THE ORGANIZATION IS THE SOURCE FOR INFORMATION AND EDUCATION AND THE ADVOCACY VOICE FOR THE HOTEL AND LODGING INDUSTRY IN THE METROPOLITAN MEMPHIS AREA. MMHLA MEMBERSHIP INCLUDES AREA HOTELS, THEIR GENERAL MANAGERS, AND VENDORS WHO DO BUSINESS WITH THE HOTEL INDUSTRY.

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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 $202,700
Program Service Revenue $6,641
Investment Income $0
Other Revenue $-3,065
TOTAL REVENUE $206,276

Expense Breakdown

Grants Paid $0
Salaries & Benefits $177,384
Fundraising Expenses $0
Program Expenses $149,039
Other Expenses $69,178
TOTAL EXPENSES $246,562

Year-over-Year Comparison

2023 2022 Change
Revenue $206,276 $221,489 -0.1%
Expenses $246,562 $229,099 +0.1%
Net Income $-40,286 $-7,610 +4.3%
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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
17
Employees
1
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
$165,000
Total Directors
18
$165,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WAYNE TABOR PRESIDENT 40.00
Officer Director
$165,000 $0 $165,000
GREGG LINDER DIRECTOR 0.50
Director
$0 $0 $0
DOUG OWINGS SECRETARY/TREASURER 2.00
Officer Director
$0 $0 $0
HEMMY PATEL DIRECTOR 0.50
Director
$0 $0 $0
JOHN RUCKER SERGEANT AT ARMS 1.00
Officer Director
$0 $0 $0
DOUG BROWNE CHAIRMAN 1.00
Officer Director
$0 $0 $0
ANNE-MARIE FAMALETTE CHAIRWOMAN ELECT 1.00
Officer Director
$0 $0 $0
SANDY ROBERSON DIRECTOR 0.50
Director
$0 $0 $0
KEVIN KANE DIRECTOR 0.50
Director
$0 $0 $0
PAUL WILSON DIRECTOR 0.50
Director
$0 $0 $0
CHUCK PINKOWSKI DIRECTOR 0.50
Director
$0 $0 $0
SHAWN DANKO DIRECTOR 0.50
Director
$0 $0 $0
JIMMY KISER DIRECTOR 0.50
Director
$0 $0 $0
CRAIG MARSHALL DIRECTOR 0.50
Director
$0 $0 $0
JIM O'BRIEN DIRECTOR 0.50
Director
$0 $0 $0
NOE CERRATO DIRECTOR 0.50
Director
$0 $0 $0
GLEN VUILLEUMIER DIRECTOR 0.50
Director
$0 $0 $0
TOM GOODWIN DIRECTOR 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
2024 No data No data No data No data
2023 $206,276 $246,562 $19,009 $-40,286
2022 $221,489 $229,099 $59,038 $-7,610
2021 $223,831 $202,459 $67,167 $21,372
2020 $221,180 $211,970 $48,115 $9,210
2019 $215,697 $250,724 $45,157 $-35,027
2018 $172,800 $274,904 $83,602 $-102,104
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