Alexandria Hotel & Hospitality Inc

Alexandria Hotel & Hospitality Inc is a nonprofit organization based in Alexandria, Minnesota. Established in 1999, it operates under the name Explore Alexandria Tourism and is classified as a business league organization aimed at improving local business conditions[1][5].

Mission and Purpose

The organization focuses on promoting local hospitality and tourism. As part of its community improvement and capacity building efforts, Alexandria Hotel & Hospitality Inc does not provide tax-deductible donations[1][5].

Financial Overview

As of the fiscal year ending December 2023, the organization reported revenue of approximately $840,000 and expenses of around $858,000. It held total assets of about $641,000, with total liabilities amounting to $4,600. For the financial year ending December 2021, significant sources of revenue included $570,417 from program services and $86,863 from other revenue streams[1][3]. Executive compensation during that period was $81,194, accounted for by James Feist, the executive director[1].

Management and Governance

The organization is led by key individuals including Bill Schultz as President and James Feist as Executive Director. Other directors include Dee Bhakta, Greg Bowen, Michelle Bredeson, Fritz Bukowski, Craig Calhoun, Mark Fredericks, Craig Hamilton, Grant Hanson, Carolyn Owen, Shari Prause, and Andrew Wiener[1].

Community Impact

In the broader context of Alexandria, MN, the organization contributes to local economic development by supporting hospitality ventures, aligning with the area's broader economic initiatives[4]. It is part of a community with numerous foundations contributing to various social causes[4].