Central Florida Hotel & Lodging FY2020 filing

Not tax-deductible

Orlando, FL501(c)(6)Mutual / membership EIN 59-2075117Revenue $1.2M in FY2020Latest return filed Aug 27, 2025

On file with the IRScfhla.org6675 Westwood Blvd Ste 210, 32821-6015 · Orlando, FLTax-exempt since Apr 1981

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To provide members with information, current trends, and proposed legislation pertaining to Central florida's hospitality industry

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$241K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $21K a year · 1% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$241K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
6 mo
of spending, in cash
Looks good: 5.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$825K
74% of total assets
Worth a look: liabilities are 74% of assets; over 65%.
Pt X · Ln 26
Independent board members
50
of 50 voting members
Looks good: 50 of 50 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
Spent
$1.4M
Net assets
$294K
By yearFY2020–FY2024
Revenue
$1.2M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.2M
FY2021$1.5M
FY2022$1.5M
FY2023$1.9M
FY2024$2.0M
Expenses
$1.4M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.4M
FY2021$1.4M
FY2022$1.5M
FY2023$1.8M
FY2024$1.9M
Net assets
$294K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$294K
FY2021$410K
FY2022$433K
FY2023$477K
FY2024$550K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1981.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

50 people listed on the 990; $241K paid to officers and key staff.

Part VII, Section A · reportable compensation
President/CEO
$240,779Pt VII · Sec A
1st Vice Chairperson
$0Pt VII · Sec A
2nd Vice Chairperson
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Assistant Treasurer
$0Pt VII · Sec A
Immediate Past Chairperson
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Richard Maladecki———$42,878$240,779
Robert Agrusa$204,213$176,264$154,632$112,277—
Erin Walsh$115,861————
Thomas Ramgadoo$109,187————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Central Florida Hotel & Lodging executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports Central Florida’s hospitality industry by providing members with market trends, networking opportunities, and legislative advocacy while actively promoting regional tourism.

Questions for Central Florida Hotel & Lodging

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1 program · in their own filed words · FY2020
01

Expenses related to member meetings and conferences where they provide information to members on the industry, protection of interests and promotion of tourism and hospitality industry in central florida, promote florida tourism, and provide networking opportunity for suppliers and hoteliers.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$1K
Grants paid · 6 grants · $279K · 2020–2024

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Gifts and grantsLn 1h$800K
Fees for servicesLn 2g$231K
Other incomeLn 4–11$181K
Money outPt IX
$1.4M
Ln 25
Owns and owesPt X
$294K
net assets · Ln 32
Cash and savingsLn 1–2$673K
Total assetsLn 16$1.1M
LiabilitiesLn 26$825K
PeoplePt VI, VII
50
listed · VII A
PaidVII A1
Voting boardVI 1a50
IndependentVI 1b50
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$800K
Fees for servicesLn 2g$231K
Investment incomeLn 3$7K
Other incomeLn 4–11$181K
Gains on assetsLn 7−$9K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$673K
Cash and savings togetherLn 1–2$673K
InvestmentsLn 11–13$393K
Land, buildings, equipmentLn 10c$7K
Other assetsLn 15$9K
Total assetsLn 16$1.1M
LiabilitiesLn 26$825K
Net assetsLn 32$294K
OperationsPt I, VI
EmployeesI 513
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$503K$673K
InvestmentsLn 11–13$729K$393K
Land, buildings, equipmentLn 10c$12K$7K
Total assetsLn 16$1.4M$1.1M
LiabilitiesLn 26$901K$825K
Net assetsLn 32$457K$294K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$49K
Other salaries and wagesLn 7$845K
Management feesLn 11a$612
Accounting feesLn 11c$62K
Office expensesLn 13$31K
OccupancyLn 16$132K
TravelLn 17$18K
Conferences, conventions and meetingsLn 19$170K
InterestLn 20$27K
Depreciation, depletion and amortizationLn 22$5K
Other expenses (24a–d)Ln 24$42K
Total functional expensesLn 25$1.4M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Aug 27, 2025 $2.0M$1.9M$66K$550K 990 PDF
FY2023Filed with the IRS Aug 21, 2024 $1.9M$1.8M$29K$477K 990 PDF
FY2022Filed with the IRS Oct 10, 2023 $1.5M$1.5M$59K$433K 990 PDF
FY2021Filed with the IRS Jan 31, 2023 $1.5M$1.4M$115K$410K 990 PDF
FY2020 ViewingFiled with the IRS Oct 6, 2021 $1.2M$1.4M−$162K$294K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $1,218,629 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $801,746$799,602
I-9 Program service revenuePrior year $671,784$231,412
I-10 Investment incomePrior year $24,711$6,787
I-11 Other revenuePrior year $212,347$180,828
I-12 Total revenuePrior year $1,710,588$1,218,629
I-13 Grants and similar amounts paidPrior year $106,148$48,790
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $921,190$845,218
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $664,205$486,976
I-18 Total expensesPrior year $1,691,543$1,380,984
I-19 Revenue less expensesPrior year $19,045−$162,355
Part VI · Governance 50 of 50 board members independent, no flags
VI-1a Voting members of the governing body50
VI-1b Independent voting members50
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,218,629 across 8 lines filed
VIII-1b Membership dues$799,602
VIII-1h Total contributions, gifts and grants$799,602
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $231,412$231,412
VIII-3 Investment incomeExcluded from tax $15,388$15,388
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$8,601−$8,601
VIII-8 Net income from fundraising eventsExcluded from tax $96,923$96,923
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $10,339 · Excluded from tax $73,566$83,905
VIII-12 Total revenueRelated to mission $241,751 · Unrelated business $0 · Excluded from tax $177,276$1,218,629
Part IX · Statement of functional expenses $1,380,984 across 11 lines filed
IX-1 Grants to domestic organizations$48,790
IX-7 Other salaries and wages$845,218
IX-11a Management fees$612
IX-11c Accounting fees$61,885
IX-13 Office expenses$31,238
IX-16 Occupancy$131,970
IX-17 Travel$18,167
IX-19 Conferences, conventions and meetings$169,748
IX-20 Interest$27,052
IX-22 Depreciation, depletion and amortization$4,685
IX-24 Other expenses (24a–d)$41,619
IX-25 Total functional expenses$1,380,984
Part X · Balance sheet $1,119,282 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $502,655$673,445
X-4 Accounts receivableStart of year $1,944$5,675
X-9 Prepaid expenses and deferred chargesStart of year $33,748$30,962
X-10c Land, buildings and equipment, netStart of year $12,048$7,363
X-12 Other securitiesStart of year $728,799$392,526
X-15 Other assetsStart of year $78,456$9,311
X-16 Total assetsStart of year $1,357,650$1,119,282
X-17 Accounts payable and accrued expensesStart of year $16,281$7,932
X-19 Deferred revenueStart of year $670,560$705,127
X-25 Other liabilitiesStart of year $214,000$111,769
X-26 Total liabilitiesStart of year $900,841$824,828
X-27 Net assets without donor restrictionsStart of year $456,809$294,454
X-32 Total net assets or fund balancesStart of year $456,809$294,454
X-33 Total liabilities and net assetsStart of year $1,357,650$1,119,282
Part XI · Reconciliation of net assets $294,454 net assets at year end
XI-1 Total revenue$1,218,629
XI-2 Total expenses$1,380,984
XI-3 Revenue less expenses−$162,355
XI-4 Net assets at start of year$456,809
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$294,454

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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