Nonprofit · EIN 16-1563561
CORNELL HOTEL SOCIETY INC
Tax-exempt · ITHACA, NY 14853
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $287,856 | $149,718 | $138,138 | $1,295,881 | $84,513 | $1,211,368 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Susan Boyle | Executive Director Trustee or director | 0 | $0 |
| Alexander Koch | 2ns Vice President Officer | 1 | $0 |
| Richy Petrina | President Officer | 1 | $0 |
| Erica Killam | Treasurer Officer | 1 | $0 |
| Anika Malhotra | Secretary Officer | 1 | $0 |
| Rebecca Lee | 1st Vice President Officer | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Baron Ah Moo | Director Trustee or director | 1 | $0 |
| Vickie Littler Kozhushchenko | Director Trustee or director | 1 | $0 |
| John Longstreet | Director Trustee or director | 1 | $0 |
| Jeff Scott | President Trustee or director, Officer | 1 | $0 |
| Rebecca Lee | 2nd Vice President Officer | 1 | $0 |
| Richy Petrina | 1st Vice President Officer | 1 | $0 |
| Erica Killam | Secretary Officer | 1 | $0 |
| Matthew Carrier | Treasurer 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
Program accomplishments
- Provide scholarships and loans to Cornell University Hotel School students; provide support directly to the Hotel School and alumni of the Hotel SchoolExpenses $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $287,856 | $149,718 | $1,295,881 | XML |
| 990 | December 2023 | $124,715 | $188,119 | $1,179,400 | XML |
| 990 | December 2022 | $242,086 | $135,517 | $1,020,046 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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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