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Nonprofit · EIN 74-2543670

EDUCATIONAL FOUNDATION OF THE TEXAS HOTEL & MOTEL ASSOCIATION INC

Tax-exempt · AUSTIN, TX 78701

Financials

$38K$25K2021$283K$267K2023$276K$258K2024
Revenue Expenses · by fiscal year end
Financials of EDUCATIONAL FOUNDATION OF THE TEXAS HOTEL & MOTEL ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$276,183$258,016$18,167$856,979$1,000$855,979
December 31, 2023990$283,321$267,482$15,839$763,244$0$763,244
December 31, 2021990$37,752$24,969$12,783$762,625$0$762,625
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$124,698
Program service revenue
$130,941
Investment income
$20,544
Other revenue
$0

Expenses

Grants and similar amounts paid
$4,500
Other salaries and wages
$87,383
Salaries, compensation and benefits (total)
$101,912
Professional fundraising fees
$0
Accounting fees
$2,130
Occupancy
$4,426
Travel
$21,554
Program services (functional)
$207,313
Management and general (functional)
$50,703

Balance sheet and other

Total assets, start of year
$763,244
Total assets, end of year
$856,979
Total liabilities, end of year
$1,000
Net assets, end of year
$855,979
Land, buildings and equipment
$6,579
Publicly traded securities
$830,524
Net assets without donor restrictions
$855,979
Gross receipts
$276,183
Employees
0
Volunteers
23
Year formed
1989
State of legal domicile
TX

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 / weekCompensationFrom related orgsOther / benefits
SCOTT JOSLOVEEXECUTIVE DIRECTOR
Officer
5$0$750,326$118,444
BRIAN KINGDIRECTOR
Trustee or director, Officer
2$0$0$0
ROBERT P JONESDIRECTOR
Trustee or director
2$0$0$0
MICHAEL LANSINGDIRECTOR
Trustee or director
2$0$0$0
AJ SINGHDIRECTOR
Trustee or director
2$0$0$0
DARPAN BHAKTADIRECTOR
Trustee or director
2$0$0$0
JOE BOLASHDIRECTOR
Trustee or director
2$0$0$0
SUMIT J DALWADIDIRECTOR
Trustee or director
2$0$0$0
CETO DESAIDIRECTOR
Trustee or director
2$0$0$0
JULIE FAVER-DYLLADIRECTOR
Trustee or director
2$0$0$0
HIREN GOVINDDIRECTOR
Trustee or director
2$0$0$0
CHRISTINA HULTQUISTDIRECTOR
Trustee or director
2$0$0$0
ELIE KHOURYDIRECTOR
Trustee or director
2$0$0$0
JANARDAN LAXMIDASDIRECTOR
Trustee or director
2$0$0$0
RICK PATELDIRECTOR
Trustee or director
2$0$0$0
3 more people on this return
NameTitleHours / weekCompensation
DEAN DENNIS REYNOLDSDIRECTOR
Trustee or director
2$0
TEJAL PATELDIRECTOR
Trustee or director
2$0
TUSHAR PATELDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SCOTT JOSLOVEEXECUTIVE DIRECTOR
Officer
5$28,960$550,238$118,444
PAUL SCHULTZCHAIRPERSON
Trustee or director, Officer
2$0$0$0
DARPAN BHAKTADIRECTOR
Trustee or director
2$0$0$0
JOE BOLASHDIRECTOR
Trustee or director
2$0$0$0
ROSS BURTWELLDIRECTOR
Trustee or director
2$0$0$0
SUMIT J DALWADIDIRECTOR
Trustee or director
2$0$0$0
CETO DESAIDIRECTOR
Trustee or director
2$0$0$0
JULIE FAVER-DYLLADIRECTOR
Trustee or director
2$0$0$0
HIREN GOVINDDIRECTOR
Trustee or director
2$0$0$0
VALYNDA HENINGTONDIRECTOR
Trustee or director
2$0$0$0
CHRISTINA HULTQUISTDIRECTOR
Trustee or director
2$0$0$0
ELIE KHOURYDIRECTOR
Trustee or director
2$0$0$0
JANARDAN LAXMIDASDIRECTOR
Trustee or director
2$0$0$0
RAKESH PATELDIRECTOR
Trustee or director
2$0$0$0
TEJAL PATELDIRECTOR
Trustee or director
2$0$0$0
TUSHAR PATELDIRECTOR
Trustee or director
2$0$0$0
DEAN DENNIS REYNOLDSDIRECTOR
Trustee or director
2$0$0$0
KIM WILLIAMSDIRECTOR
Trustee or director
2$0$0$0
990 for the year ended December 31, 2021: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SCOTT JOSLOVEEXECUTIVE DIRECTOR
Officer
5$4,418$488,957$78,400
PAUL SCHULTZCHAIR
Trustee or director, Officer
2$0$0$0
RICK PATELVICE CHAIR
Trustee or director, Officer
2$0$0$0
DOUG HORNDIRECTOR
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
1701 WEST AVE, AUSTIN, TX 78701-1036
Principal officer (990 for 2024)
SCOTT JOSLOVE, 1701 WEST AVENUE, AUSTIN, TX 78701
Signed the 990
SCOTT JOSLOVE, EXECUTIVE DIRECTOR
Phone
(512) 474-2996
Return prepared by
Allman & Associates Inc

Mission

TO CONDUCT EDUCATIONAL ACTIVITIES AND TO MANAGE THE SCHOLARSHIP FUNDS.

990 for the year ended December 31, 2024

Program accomplishments

  • CONDUCTED SEMINARS ON FRONT OFFICE, OSHA, HOTEL LAW, ETC. HUNDREDS OF HOSPITALITY PROFESSIONALS ATTENDED THE CONFERENCES AND SEMINARS.
    Expenses $202,813
  • CONTRIBUTION TO SUPPORT THE HOSPITALITY EDUCATORS ASSOCIATION OF TEXAS (HEAT).
    Expenses $4,500 · grants $4,500

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
74-2543670
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
1990
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E22P)
Assets (IRS master file)
$856,979
Income (IRS master file)
$276,183

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$276,183$258,016$856,979XML
990December 2023$283,321$267,482$763,244XML
990December 2022$148,617$114,188$672,176IRS
990December 2021$37,752$24,969$762,625XML
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 74-2543670).

Questions about EDUCATIONAL FOUNDATION OF THE TEXAS HOTEL & MOTEL ASSOCIATION INC

What is the EIN of EDUCATIONAL FOUNDATION OF THE TEXAS HOTEL & MOTEL ASSOCIATION INC?
The employer identification number (EIN) of EDUCATIONAL FOUNDATION OF THE TEXAS HOTEL & MOTEL ASSOCIATION INC is 74-2543670.
Is EDUCATIONAL FOUNDATION OF THE TEXAS HOTEL & MOTEL ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to EDUCATIONAL FOUNDATION OF THE TEXAS HOTEL & MOTEL ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EDUCATIONAL FOUNDATION OF THE TEXAS HOTEL & MOTEL ASSOCIATION 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 EDUCATIONAL FOUNDATION OF THE TEXAS HOTEL & MOTEL ASSOCIATION 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 EDUCATIONAL FOUNDATION OF THE TEXAS HOTEL & MOTEL ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of EDUCATIONAL FOUNDATION OF THE TEXAS HOTEL & MOTEL ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names SCOTT JOSLOVE.
Who are the officers and directors of EDUCATIONAL FOUNDATION OF THE TEXAS HOTEL & MOTEL ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
How much revenue does EDUCATIONAL FOUNDATION OF THE TEXAS HOTEL & MOTEL ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $276,183, expenses of $258,016 and total assets of $856,979 at year end.

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