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Nonprofit · EIN 16-1563561

CORNELL HOTEL SOCIETY INC

Tax-exempt · ITHACA, NY 14853

Financials

$125K$188K2023$288K$150K2024
Revenue Expenses · by fiscal year end
Financials of CORNELL HOTEL SOCIETY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$287,856$149,718$138,138$1,295,881$84,513$1,211,368
December 31, 2023990$124,715$188,119-$63,404$1,179,400$129,197$1,050,203
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$130,952
Membership dues
$128,793
Program service revenue
$0
Investment income
$120,022
Net gain from sales of assets
$96,623
Net income from sales of inventory
$1,571
Other revenue
$36,882

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$19,574
Depreciation
$292
Program services (functional)
$138,149
Management and general (functional)
$11,569

Balance sheet and other

Total assets, start of year
$1,179,400
Total assets, end of year
$1,295,881
Total liabilities, end of year
$84,513
Net assets, end of year
$1,211,368
Publicly traded securities
$900,613
Net assets without donor restrictions
$1,211,368
Gross receipts
$956,306
Employees
0
Year formed
1999
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Susan BoyleExecutive Director
Trustee or director
0$0
Alexander Koch2ns Vice President
Officer
1$0
Richy PetrinaPresident
Officer
1$0
Erica KillamTreasurer
Officer
1$0
Anika MalhotraSecretary
Officer
1$0
Rebecca Lee1st Vice President
Officer
1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Baron Ah MooDirector
Trustee or director
1$0
Vickie Littler KozhushchenkoDirector
Trustee or director
1$0
John LongstreetDirector
Trustee or director
1$0
Jeff ScottPresident
Trustee or director, Officer
1$0
Rebecca Lee2nd Vice President
Officer
1$0
Richy Petrina1st Vice President
Officer
1$0
Erica KillamSecretary
Officer
1$0
Matthew CarrierTreasurer
Officer
1$0

Address and contacts

Address (IRS master file)
146 STATLER HALL, ITHACA, NY 14853-6902
In care of
% ERICA KILLAM
Signed the 990
ERICA KILLAM, Secretary
Phone
(607) 255-3565
Return prepared by
Joel G Seasonwein CPA

Mission

Educational scholarships and financial aid to Cornell University Hotel School students

990 for the year ended December 31, 2024

Program accomplishments

  • Provide scholarships and loans to Cornell University Hotel School students; provide support directly to the Hotel School and alumni of the Hotel School
    Expenses $138,149 · revenue $287,856

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
16-1563561
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B84)
Assets (IRS master file)
$1,295,881
Income (IRS master file)
$956,306

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$287,856$149,718$1,295,881XML
990December 2023$124,715$188,119$1,179,400XML
990December 2022$242,086$135,517$1,020,046IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 16-1563561).

Questions about CORNELL HOTEL SOCIETY INC

What is the EIN of CORNELL HOTEL SOCIETY INC?
The employer identification number (EIN) of CORNELL HOTEL SOCIETY INC is 16-1563561.
Is CORNELL HOTEL SOCIETY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to CORNELL HOTEL SOCIETY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CORNELL HOTEL SOCIETY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CORNELL HOTEL SOCIETY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CORNELL HOTEL SOCIETY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of CORNELL HOTEL SOCIETY INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does CORNELL HOTEL SOCIETY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $287,856, expenses of $149,718 and total assets of $1,295,881 at year end.

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