ASSOCIATION OF INDEPENDENT HOSPITALITY PROFESSIONALS

Financial Activity Summary 

Statement to Members - As part of our fiduciary responsibility as your Board of Directors & CEO, our commitment to openness and to providing you assurances that the assets of your association are being properly accounted for, the Board engaged the accounting firm of Legare, Bailey, & Hinske, LLC to perform an annual accounting review for the past three fiscal years (2016, 2017 and 2018).

The Independent Accountant’s Review Report for all three years has been provided to AIHP’s Audit Committee and can be found below.  The reports provide a summary of the financial activity and financial position of your Association.

You can email Rob - [email protected] or Dallas Renner (AIHP Treasurer) - [email protected] with any questions.


 2018 - Fiscal Year 

AIHP Financial Activity Summary

For the Period Ended December 31, 2018

Original Revenue              $501,919

Expenses                           $470,928

Change in Net Assets.      $30,991

AIHP Summary of Change in Cash Position

As Of December 31, 2018

Cash Position at December 31, 2017   $116,717

Increase in Cash for 12 months           $11,838

Cash Position on December 31, 2018   $128,555


2017 - Fiscal Year 

AIHP Financial Activity Summary

For the Period Ended December 31, 2017

                                                        Original                             Adjusted

Revenue                                          $244,112                          $244,112

Expenses                                        $303,456                          $335,009  

Change in Net Assets.                   $(59,344)                          $(90,897)

AIHP Summary of Change in Cash Position

As Of December 31,2017

Cash Position at December 31, 2016       $50,061

Increase in Cash for 12 months               $66,656

Cash Position at December 31, 2017       $116,717

2017 Accounting Review Letter


 2016 - Fiscal Year

Independent Accountant's Review Report

Year-End Financial Statements