Texas Travel Industry Association in W Lake Hills, Texas (TX)

Organization representatives - add corrected or new information about Texas Travel Industry Association »

Non-representatives - add comments about Texas Travel Industry Association»

Texas Travel Industry Association
Employer Identification Number (EIN)742564869
Name of OrganizationTexas Travel Industry Association
In Care of NamePaul Serff
Address3345 Bee Caves Rd Ste 102a, W Lake Hills, TX 78746-5463
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionBoard of Trade
Ruling Date07/1991
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$500,000 to $999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$965,139
Amount of Income$1,355,685
Form 990 Revenue Amount$1,355,685
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


Non-representatives - add comments:


CAPTCHA

Your IP address 3.143.9.115 will be logged.

Amount of income in 2013: $1,355,685
This organization: 

 $1,355,685
Other organizations performing similar types of work: 

 $1,135,572

Assets in 2013: $965,139
This organization: 

 $965,139
Other organizations performing similar types of work: 

 $1,313,154

Expenses in 2012: $1,255,813
This organization: 

 $1,255,813
Other organizations performing similar types of work: 

 $895,505

Income to expenses ratio in 2012: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 1.1

Number of employees in 2012: 9
Texas Travel Industry Association: 

 9
Other organizations performing similar types of work: 

 7

Employees paid over $100,000 in 2012: 11.1%
This organization: 

 11.1%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$1,158,656
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$1,157,187
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$5,578
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-4,889
Gross amount from sales of assets other than inventory (Securities / Other)$40,409 / $0
Less: cost or other basis and sales expenses (Securities / Other)$45,298 / $0
Gain or (loss) (Securities / Other)$-4,889 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$780
Statement of Functional Expenses (for 2012)
Total functional expenses$1,255,813
Compensation of current officers, directors, trustees, and key employees$151,656
Other salaries and wages$396,293
Payroll taxes$39,200
Professional fundraising services$0
Other$668,664
Balance Sheet (for 2012)
Total assets$961,267
Total liabilities$744,412
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$642,623
Unsecured notes and loans payable to unrelated third parties$0
Other$101,789
Total net assets or fund balances$216,855
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
Revenue, Expenses, and Changes in Net Assets or Fund Balances
200020012002
Total revenue$823,203$1,020,374$988,698
Contributions, gifts, grants, and similar amounts received$0$0$0
Contributions to donor advised funds
Direct public support$0$0$0
Indirect public support$0$0$0
Government contributions (grants)$0$0$0
Program service revenue including government fees and contracts$516,373$583,500$733,967
Membership dues and assessments$176,385$234,955$224,986
Interest on savings and temporary cash investments$367$172$213
Dividends and interest from securities$28,751$8,035$4,790
Net rental income or (loss)$0$0$0
Gross rents$0$0$0
Less: rental expenses$0$0$0
Other investment income$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$0
Gross amount from sales of assets other than inventory$0$0$0
Less: cost or other basis and sales expenses$0$0$0
Net income or (loss) from special events and activities$0$0$0
Gross revenue$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0
Gross profit or (loss) from sales of inventory$0$5,618$5,430
Gross sales of inventory, less returns and allowances$0$32,106$32,836
Less: cost of goods sold$0$26,488$27,406
Other revenue$101,327$188,094$19,312
Total expenses$813,882$893,406$942,849
Program services$0$0$0
Management and general$0$0$0
Fundraising$0$0$0
Payments to affiliates$0$0$0
Net assets or fund balances at end of year$340,128$443,106$470,237
Excess or (deficit) for the year$9,321$126,968$45,849
Net assets or fund balances at beginning of year$369,388$340,128$443,106
Other changes in net assets or fund balances$-38,581$-23,990$-18,718
Statement of Functional Expenses (for 2002)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$942,849$0$0$0
Grants paid from donor advised funds
Other grants and allocations$103
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$151,698$0$0$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$204,207$0$0$0
Pension plan contributions not included above$25,807$0$0$0
Employee benefits not included above$44,214$0$0$0
Payroll taxes$24,048$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$6,498$0$0$0
Legal fees$455$0$0$0
Supplies$9,783$0$0$0
Telephone$9,604$0$0$0
Postage and shipping$22,209$0$0$0
Occupancy$70,068$0$0$0
Equipment rental and maintenance$21,835$0$0$0
Printing and publications$44,653$0$0$0
Travel$17,334$0$0$0
Conferences, conventions, and meetings$149,618$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$20,585$0$0$0
Other expenses not covered above$120,130$0$0$0
Balance Sheets
200020012002
Total assets$404,330$576,108$591,763
Cash - non-interest-bearing$0$0$0
Savings and temporary cash investments$328,991$97,460$127,385
Accounts receivable less allowance for doubtful accounts$40,578$46,133$85,734
Pledges receivable less allowance for doubtful accounts$0$0$0
Grants receivable$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$0$0$0
Inventories for sale or use$3,352$109,841$73,442
Prepaid expenses and deferred charges$4,697$4,906$4,448
Investments - publicly-traded securities
Investments - other securities$0$256,633$242,704
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0
Investments - other$0$0$0
Land, buildings, and equipment less accumulated depreciation$19,843$57,966$54,881
Other assets, including program-related investments$6,869$3,169$3,169
Total liabilities$64,202$133,002$121,526
Accounts payable and accrued expenses$55,367$40,658$30,603
Grants payable$0$0$0
Deferred revenue$8,835$57,296$67,558
Loans from officers, directors, trustees, and key employees$0$0$0
Tax-exempt bond liabilities$0$0$0
Mortgages and other notes payable$0$35,048$23,365
Other liabilities$0$0$0
Total liabilities and net assets/fund balances$404,330$576,108$591,763
Total net assets or fund balances$340,128$443,106$470,237
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
200020012002
Total revenue$0$1,020,374$988,698
Total revenue, gains, and other support per audited financial statements$0$1,022,872$997,386
Other expenses$0$2,498$8,688
Net unrealized gains on investments$0$-23,990$-18,718
Donated services and use of facilities$0$0$0
Recoveries of prior year grants$0$0$0
Other$0$26,488$27,406
Other revenue$0$0$0
Investment expenses$0$0$0
Other$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
200020012002
Total expenses$0$893,406$942,849
Total expenses and losses per audited financial statements$0$919,894$970,255
Other revenue$0$26,488$27,406
Donated services and use of facilities$0$0$0
Prior year adjustments$0$0$0
Losses$0$0$0
Other$0$26,488$27,406
Other expenses$0$0$0
Investment expenses$0$0$0
Other$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?No
Did the organization make only in-house lobbying expenditures of $2,000 or less?No
Dues, assessments, and similar amounts from members$252,431
Section 162(e) lobbying and political expenditures$13,387
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$27,445
Taxable amount of lobbying and political expenditures$-14,058
Does the organization elect to pay the section 6033(e) tax on the amount above?No
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 20068
Analysis of Income-Producing Activities (for 2002)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$7,450$579,949$401,299
Program service revenue
Program service revenue 1000000$000$0$64,020
Program service revenue 2000000$0Section 501(c)(3), (4), (5), or (6) organization - Qualified convention and trade show activity income (section 513(d)(3))$256,235$0
Program service revenue 3000000$0Section 501(c)(3), (4), (5), or (6) organization - Qualified convention and trade show activity income (section 513(d)(3))$153,765$0
Program service revenue 4000000$000$0$13,250
Program service revenue 5000000$0Income from the sale of merchandise, substantially all of which (at least 85%) was donated to the organization (section 513(a)(3))$164,946$81,751
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$224,986
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$213$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$4,790$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$5,430
Other revenueAdvertising and related services$7,45000$0$11,862
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2002)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2002)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2002)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year
The aggregate value of assets held in all donor advised funds owned at the end of the tax year
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
The aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
199920002001
Total$0$0$0
Gifts, grants, and contributions received$0$0$0
Membership fees received$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0
Net income from unrelated business activities not included above$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0
Other income$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2002)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Texas Travel Industry Association to others? (optional)
  
Add photo of Texas Travel Industry Association (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Lloyds Register North America Inc1330 Enclave Pkwy Ste 200, Houston, TX 77077-2578TX2004-06$59,698,904
2Promotional Products Association International3125 Skyway Cir N, Irving, TX 75038-3526TX1965-05$26,573,654
3American Assoc Of Professional Landmen Inc800 Fournier St, Fort Worth, TX 76102-3597TX1987-07$18,655,250
4Salesmanship Club Foundation106 E 10th St, Dallas, TX 75203-2236TX1992-10$17,967,953
5American Payroll Institute Inc660 N Main Ave Ste 100, San Antonio, TX 78205-1217TX1985-03$10,111,303
6Dallas Regional Chamber500 N Akard St Ste 2600, Dallas, TX 75201-3318TX1935-07$7,532,846
7Texas Society Of Certified Public Accountants14651 Dallas Pkwy Ste 700, Dallas, TX 75254-7465TX1974-02$6,597,909
8Better Business Bureau Inc1005 La Posada Dr, Austin, TX 78752-3815TX1952-03$6,277,793
9Steamship Trade Association Of Baltimore Inc8615 Ridgelys Choice Dr Ste 202, Baltimore, MD 21236-3028MD1952-07$4,513,205
10Vigilant6825 Sw Sandburg St, Tigard, OR 97223-8009OR1962-01$4,029,831
11Illinois Ignition Interlock Assoc C/O Richard FreundCincinnati, OH 45212OH$64,000
12Holton/Jackson County Chamber Of CommerceHolton, KS 66436KS$52,517
13Wcit 2006 Inc201 Via Fortuna Ste 210, Austin, TX 78746TX2003-11$3,440,344
14Texas Horsemens Partnership LlpPO BOX 142533 SUITE 250, Austin, TX 78714-2533TX2004-04$619,791
15Texas Family Law Foundation8620 N New Braunfels Ave Ste 101, San Antonio, TX 78217-6361TX2002-09$177,141
16Texas Society Of American College Of Osteapathic Family Physicians1415 Lavaca St, Austin, TX 78701-1634TX1999-03$60,524
17Career Advising And Placement Services For Texas Comm Colleges20002 Terry Springs Ct, Richmond, TX 77407-3780TX2008-04$0
18Cije Inc2620 Fountainview - Suite 332, Houston, TX 77057-7621TX2000-04$0
19Greater San Antonio Film Council10650 Culebra Rd Ste 104-181, San Antonio, TX 78251-4949TX2007-05$0
20Transpecos Foundation112 E Pecan St Ste 2550, San Antonio, TX 78205-1512TX2004-01$0
Number of organizations performing similar types of work
Alaska1
Alabama14
Arkansas10
Arizona14
California108
Colorado18
Connecticut12
District of Columbia78
Delaware7
Florida52
Georgia30
Hawaii5
Iowa18
Idaho2
Illinois80
Indiana24
Kansas12
Kentucky9
Louisiana15
Massachusetts29
Maryland25
Maine3
Michigan30
Minnesota26
Missouri27
Mississippi11
Montana5
North Carolina39
North Dakota1
Nebraska5
New Hampshire4
New Jersey25
New Mexico6
Nevada8
New York92
Ohio42
Oklahoma11
Oregon18
Pennsylvania48
Rhode Island4
South Carolina11
South Dakota9
Tennessee20
Texas75
Utah4
Virginia104
Vermont5
Washington26
Wisconsin21
West Virginia8
Wyoming3
International4
Total1,258

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Texas Travel Industry Association and has no official or unofficial affiliation with Texas Travel Industry Association