Saint Paul Rivercentre Convention And Visitors Authority is located in St Paul, MN. The organization was established in 2006. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Saint Paul Rivercentre Convention And Visitors Authority employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saint Paul Rivercentre Convention And Visitors Authority 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 12/2021, Saint Paul Rivercentre Convention And Visitors Authority generated $12.2m 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 (7.2%) each year. All expenses for the organization totaled $11.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO GENERATE ECONOMIC GROWTH FOR SAINT PAUL BY EFFECTIVELY MARKETING THE RIVERCENTRE CAMPUS, SAINT PAUL AND THE REGION AS A PREFERRED CONVENTION AND TOURISM DESTINATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARKETING SERVES TO ELEVATE AWARENESS OF SAINT PAUL AS A PREMIER CONVENTION AND LEISURE DESTINATION THROUGH EFFECTIVE PUBLIC RELATIONS AND COMPREHENSIVE ADVERTISING/MARKETING EFFORTS. THE DEPARTMENT COORDINATES ADVERTISING, PROMOTIONS, PUBLICATIONS, WEBSITE, SOCIAL MEDIA, AND PUBLIC AND MEDIA RELATIONS PROGRAMS FOR ALL DEPARTMENTS. MARKETING ACCOMPLISHED THE FOLLOWING IN 2021: MANAGED THE DINE SAINT PAUL CAMPAIGN TO SUPPORT LOCAL RESTAURANTS, WITH FUNDING FROM THE HRA. ORIGINALLY INTENDED TO SUPPORT A 3-MONTH DIGITAL CAMPAIGN, WE WERE ABLE TO STRETCH THE PROJECT THROUGHOUT THE YEAR, RESULTING IN VIDEOS, TARGETED DIGITAL ADS, INFLUENCER MARKETING, EMAIL MARKETING, BILLBOARDS, CONTENT COLLABORATION, A SEARCHABLE RESTAURANT GUIDE AND SMALL BUSINESS SUPPORT IN OPTIMIZING THEIR PRESENCE IN GOOGLE SEARCH. FUNDED THE PURCHASE OF 10,000 IN GIFT CARDS FROM SAINT PAUL RESTAURANTS FOR USE IN THE DINE SAINT PAUL CAMPAIGN. IN SUPPORT OF SMALL BUSINESSES, RAN THE LOVE, SAINT PAUL CAMPAIGN DURING THE MONTH OF DECEMBER AND WORKED WITH LOCAL INFLUENCERS TO SHARE BELOVED SAINT PAUL SPOTS. MAINTAINED VISIT SAINT PAULS WEBSITE, SOCIAL MEDIA AND INSIDER'S BLOG. PRODUCED A NEW VISITOR GUIDE - PRINTING WAS POSTPONED UNTIL 2022 DUE TO PAPER SHORTAGES. BEGAN REDEVELOPMENT OF VISITSAINTPAUL.COM, TO BE LAUNCHED IN 2022.
RIVERCENTRE WELCOMED THE FOLLOWING ANNUAL CONVENTIONS IN 2021: MINNESOTA DENTAL STAR OF THE NORTH MEETING, ALLEN D. LEMAN SWINE CONFERENCE AND EDUCATION MINNESOTA MINNESOTA EDUCATOR ACADEMY. RIVERCENTRE CONTINUED TO HOST ANNUAL MEETINGS, CONFERENCES AND TRADESHOWS INCLUDING: NORTHSTAR FASHION EXHIBITORS, NORTHWEST SHOE TRAVELERS BUYING MARKET, MARRCH CHEMICAL HEALTH CONFERENCE, NCSRCC DELEGATES MEETING, USCIS AND US DISTRICT COURT NATURALIZATION CEREMONIES, MIDWEST WORKSITE HEALTH PROMOTION CONFERENCE, MINNESOTA PODIATRIC MEDICAL ASSOCIATION ANNUAL MEETING, MHA FALL CONFERENCE AND PRODUCTS SHOW, SAINT PAUL AREA CHAMBER EQUITY SUMMIT AND MINNESOTA GOVERNMENT IT SYMPOSIUM. IN ADDITION, MANY BANQUETS, GALAS AND BENEFITS HOSTED THEIR EVENTS IN RIVERCENTRE INCLUDING: PIN DINNER & APPRENTICESHIP GRADUATION, FEDERATED CHALLENGE SUPPORTING BIG BROTHERS BIG SISTERS, 2021 BANQUET & PIN PARTY, NOCHE DE COLORES, TEAM WORLD VISION TEAM DINNER, HIGH SCHOOL SOCCER TOURNAMENT BANQUETS, A NIGHT TO BEL13VE, TWIN CITIES HEART BALL AND MINNESOTA STATE VOLLEYBALL BANQUET. WE ALSO ENJOYED WORKING WITH OUR ANNUAL PUBLIC EVENTS: TWIN CITIES BRIDAL FAIR, MCCA STATE CHEERLEADING COMPETITION, LAND O'LAKES KENNEL CLUB DOG SHOW, MN WEAPONS COLLECTORS SHOW, MODEST PREMIUM AUTOMOTIVE SHOWCASE, TWIN CITIES MARATHON HEALTH AND FITNESS EXPO, FRESH TRADITIONS FASHION SHOW, THROWBACK CLASSIC, 2021 CLASSIC FALL SPECTACULAR, SAINT PAUL ICE FISHING AND WINTER SPORTS SHOW AND 101.3 KDWB JINGLE BALL PRE-PARTY. IN ADDITION, WE HOSTED MINNESOTA ROLLER DERBY PRACTICES, TEN MONTHS OF MINNESOTA COVID-19 SALIVA TESTING, EIGHT MONTHS OF STATE OF MINNESOTA COVID VACCINATIONS, SIX MONTHS OF GREATER TWIN CITIES YOUTH SYMPHONIES REHEARSALS, AND EIGHT DIFFERENT DANCE COMPETITIONS.
MEMBERSHIP IS RESPONSIBLE FOR CONNECTING MEMBER BUSINESSES WITH THE PUBLIC, INCLUDING LOCAL, REGIONAL AND NATIONAL VISITORS THAT COME TO SAINT PAUL EACH YEAR FOR MEETINGS, EVENTS AND LEISURE TRAVEL. THE DEPARTMENT: BUILDS RELATIONSHIPS THROUGHOUT THE COMMUNITY IN AN EFFORT TO SECURE NEW MEMBERS AND RETAIN ITS CURRENT MEMBERS. OFFERS NETWORKING AND EDUCATIONAL PROGRAMMING AND A MEDIUM FOR CONNECTING WITH FELLOW BUSINESSES AND THE COMMUNITY PROVIDES OPPORTUNITIES FOR INCREASED EXPOSURE THROUGH ADVERTISING AND MARKETING EDUCATES THE ORGANIZATION ABOUT MEMBER BUSINESSES SERVES AS A CONDUITE OF VALUABLE CITY AND COUNTY INFORMATION AND RESOURCES MEMBERSHIP ACCOMPLISHED THE FOLLOWING IN 2021 PLANNED 2 IN-PERSON MEMBER EVENTS AND 6 VIRTUAL MEETINGS SERVING 500 ATTENDEES: MYVSP, A RESTAURANT ROUNDTABLE, MEMBER APPRECIATION DRIVE-THRU AND WALKING TOUR OF DOWNTOWN. PARTNER DUES WERE RESUMED IN APRIL 2021 ON A PAY-AS-YOU-CAN BASIS AFTER BEING SUSPENDED IN APRIL 2020. OVER 160 PARTNERS WERE ABLE TO CONTRIBUTE AND ALL PARTNERS THAT WERE IN GOOD STANDING PRIOR TO THE PANDEMIC WERE KEPT ON BOARD REGARDLESS OF ABILITY TO PAY. PARTNERED WITH RAMSEY COUNTY AND VISIT ROSEVILLE ON FUTURE FINDER, A HOSPITALITY JOB SEARCH SITE, AS WELL AS HOSPITALITY EMPLOYEE APPRECIATION MONTH. STRATEGIC MARKETING EFFORTS FOR MEMBER INCLUSION IN MARKETING MATERIALS SUCH AS BLOG CONTENT, WEBSITE, SOCIAL MEDIA COMMUNICATIONS, RESTAURANT GUIDE LISTINGS, AND MORE. CONTINUED PARTNERSHIP WITH CHINOOK BOOK TO PROVIDE A PACKAGE OF MOBILE VISITOR DEALS AND AN EMAIL PRIZE PACKAGE PROMOTION PROMOTING MEMBER BUSINESSES TO A LOCAL AUDIENCE.
THE CONVENTION AND SPORT SALES DEPARTMENT WORKS WITH NATIONAL AND LOCAL MEETING AND EVENT PLANNERS TO BRING THEIR EVENTS TO THE SAINT PAUL RIVERCENTRE/XCEL ENERGY CENTER AND HOTEL COMMUNITY. THE GOAL OF THE DEPARTMENT IS TO BRING NEW DOLLARS INTO THE LOCAL BUSINESS COMMUNITY WHICH IS MEASURED BY ECONOMIC IMPACT. SOME EXAMPLES OF CLIENTS WE WORKED WITH IN 2021 ARE THE MINNESOTA DENTAL ASSOCIATION AND ALLEN D. LEHMAN CONVENTIONS. THESE ARE TWO ANNUAL GROUPS THAT RETURNED AFTER CANCELLING DUE TO COVID. IN 2021, WE REBOOKED MANY 2020 AND 2021 ACCOUNTS INTO THE FUTURE. IN 2022, WE ARE HAVING A ROBUST YEAR OF CONVENTION GROUPS BOTH ANNUALS AND NEW GROUPS FOR THE CITY. WE ARE HOPING TO CONTINUE TO BUILD ON THIS MOMENTUM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Terry Mattson President & | Officer | 40 | $202,779 |
Cindy Dupont Chief Financ | Officer | 40 | $130,895 |
John Marshall Chair | OfficerTrustee | 0.5 | $0 |
Liz Xiong Vice Chair | OfficerTrustee | 0.5 | $0 |
Jennifer Pennington Treasurer | OfficerTrustee | 0.5 | $0 |
Michelle Benson Secretary | OfficerTrustee | 0.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
St Paul Arena Co Manage, Operate | 12/30/21 | $664,797 |
District Cooling St Paul Inc Energy | 12/30/21 | $803,857 |
Dg Minnesota Csg 2 Llc Energy | 12/30/21 | $212,411 |
District Energy St Paul Inc Energy | 12/30/21 | $313,937 |
Nextera Analytics Energy | 12/30/21 | $200,938 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $5,263,277 |
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 | $5,263,277 |
Total Program Service Revenue | $6,808,319 |
Investment income | $73,998 |
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 | $12,198,491 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,176,024 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $390,248 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,025,978 |
Pension plan accruals and contributions | $12,066 |
Other employee benefits | $94,544 |
Payroll taxes | $82,236 |
Fees for services: Management | $0 |
Fees for services: Legal | $63,541 |
Fees for services: Accounting | $35,750 |
Fees for services: Lobbying | $20,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $222,023 |
Advertising and promotion | $178,651 |
Office expenses | $314,975 |
Information technology | $126,101 |
Royalties | $0 |
Occupancy | $1,641,086 |
Travel | $13,728 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $4,520 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $23,612 |
Insurance | $141,053 |
All other expenses | $173,657 |
Total functional expenses | $11,009,613 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $889,395 |
Savings and temporary cash investments | $372,646 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $872,502 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $164,453 |
Net Land, buildings, and equipment | $20,627 |
Investments—publicly traded securities | $473,291 |
Investments—other securities | $7,982,425 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $10,775,339 |
Accounts payable and accrued expenses | $1,797,027 |
Grants payable | $0 |
Deferred revenue | $505,628 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $411,296 |
Other liabilities | $0 |
Total liabilities | $2,713,951 |
Net assets without donor restrictions | $8,061,388 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $10,775,339 |
Over the last fiscal year, Saint Paul Rivercentre Convention And Visitors Authority has awarded $1,176,024 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
CITY OF SAINT PAUL PURPOSE: PAYMENTS ON BONDS HE | $1,126,024 |
SAINT PAUL RIVERCENTRE CONVENTION & PURPOSE: SUNI LEE PARADE CONT | $50,000 |
Organization Name | Assets | Revenue |
---|---|---|
Iowa Soybean Association Ankeny, IA | $41,040,308 | $49,594,198 |
North Central States Regional Council Of Carpenters St Paul, MN | $80,577,529 | $40,138,567 |
Association Of Equipment Manufacturers Milwaukee, WI | $65,690,987 | $35,929,615 |
International Foundation Of Employee Benefit Plans Inc Brookfield, WI | $45,052,685 | $24,056,813 |
Dane Buy Local Foundation Inc Madison, WI | $199,958 | $19,130,759 |
Society Of Corporate Compliance And Ethics & Health Care Compliance Eden Prairie, MN | $30,768,192 | $19,415,043 |
Asqexcellence Inc Milwaukee, WI | $6,648,120 | $11,915,494 |
Saint Paul Rivercentre Convention And Visitors Authority St Paul, MN | $10,775,339 | $12,198,491 |
National Association Of Tax Professionals Inc Appleton, WI | $15,322,195 | $11,606,289 |
Minnesota Hospital Association St Paul, MN | $27,636,744 | $11,552,322 |
International Dairy-Deli-Bakery Association Madison, WI | $22,953,024 | $8,197,084 |
National Funeral Directors Association Of The United States I Brookfield, WI | $21,618,319 | $10,407,549 |