Bangor Convention And Visitors Bureau

Organization Overview

Bangor Convention And Visitors Bureau is located in Bangor, ME. The organization was established in 1993. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Bangor Convention And Visitors Bureau employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bangor Convention And Visitors Bureau is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 06/2023, Bangor Convention And Visitors Bureau generated $54.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $102.2k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

STIMULATE ECONOMIC VITALITY BY PROMOTING THE BANGOR REGION AS A DESTINATION FOR MEETINGS, CONVENTIONS, AND VISITORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED SERVICES AND INFORMATION WHICH PROMOTED TOURISM/BUSINESS CONVENTIONS IN THE GREATER BANGOR AREA


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Board, Officers & Key Employees

Name (title)Compensation
Kristen Mcalpine
Secretary
$0
Austin Muchemore
Treasurer
$0
Chris Rudolph
Vice Chair
$0
Lee Speronis
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$54,530
Investment income $30
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $54,560

Peer Organizations

Organization NameAssets
Northern Maine Development Commission Inc
Caribou, ME
$27,868,170
Granite State Economic Development Corp
Portsmouth, NH
$9,828,396
Eastern Maine Development Corporation
Bangor, ME
$6,477,472
Maine Tourism Association
Hallowell, ME
$3,087,097
Maine Development Foundation
Hallowell, ME
$2,803,285
Maine Manufacturing Extension Partnership
Augusta, ME
$2,329,634
Rockingham Economic Development Corporation
Raymond, NH
$2,038,192
Convention Visitors Bureau Of Greater Portland
Portland, ME
$1,501,947
Live Work Maine Inc
Brunswick, ME
$2,254,935
Main Street Skowhegan
Skowhegan, ME
$797,586
Kennebec Valley Council Of Governments
Fairfield, ME
$1,583,667
Central Maine Growth Council
Waterville, ME
$1,108,572
Grafton County Economic Development Council
Plymouth, NH
$588,144
Wentworth Economic Development Corporation Inc
Wolfeboro, NH
$581,662
New Hampshire Lodging And Resturant Association
Concord, NH
$625,024
Walpole Foundation
Walpole, NH
$789,531
Lewiston Auburn Metropolitan Chamber Of Commerce Foundation
Lewiston, ME
$1,897,329
Kore Venture Inc
Salem, NH
$572,013
Champions Of New Hampshire Farms
Concord, NH
$631,295
Ogunguit Chamber Of Commerce
Ogunquit, ME
$980,197
Saco Main Street Inc
Saco, ME
$358,024
Coos Economic Development Corporation
Lancaster, NH
$494,905
Mt Washington Valley Economic Council
Conway, NH
$143,655
Intown Concord
Concord, NH
$292,166
Maines Lakes And Mountains Tourism Council
Auburn, ME
$206,352

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