Association of Independent Hospitality Professionals

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 two fiscal years (2016 & 2017).

The current review has been completed for the year ended December 31, 2017.  The Independent Accountant’s Review Report for both years was 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.

The report(s) have been provided to the Board of Directors and the Finance Committee. We are pleased with the conclusion stated in their letter.  Your CEO and Board are working responsibly on your behalf.  We welcome any thoughts and comments.

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

2016 - Fiscal Year

Independent Accountant's Review Report

Year-End Financial Statements

2017 - Fiscal Year 

AIHP Financial Activity Summary For the Period Ended December 31, 2017

Revenue                                                                 
$244,112

Expenses                                                               
$303,456

Change in Net Assets.                                          
$(59,344)  

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