Illinois Council Of Convention And Visitors Bureaus
- Assets
- $291.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, IL
- Founding
- 09/1984
- Data as of
- 06/2021
- EIN
- 37-1143760
Organization Overview
Illinois Council Of Convention And Visitors Bureaus is located in Springfield, IL. The organization was established in 1984. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Council Of Convention And Visitors Bureaus 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 06/2021, Illinois Council Of Convention And Visitors Bureaus generated $93.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $193.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENABLE MEMBERS TO BE MORE SUCCESSFUL THROUGH AGGRESSIVE ADVOCACY, PROFESSIONAL DEVELOPMENT AND COOPERATIVE SALES AND MARKETING INITIATIVES.
Describe the Organization's Program Activity:
Part 3
MEMBERSHIP,TOURISM, EDUCATION & TRAINING, COORDINATION OF LOCAL AREA CONVENTION & VISITORS BUREAU TO ASSIST IN PROMOTING THE STATE OF ILLINOIS AS A UNIFIED ENTITY TO ATTRACTING TOURISM, MEETINGS, AND SPORTING EVENTS TO THE STATE OF ILLINOIS.
GOVERNOR'S CONFERENCE-PROGRAM TO ASSIST WITH THE PROMOTION OF THE GOVERNOR'S CONFERENCE ON TOURISM.
SPORTS ILLINOIS: REPRESENTS THE ILLINOIS COUNCIL OF CONVENTION AND VISITOR BUREAUS AT TRADE SHOWS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Open Immediate Past Chair | 2 | $0 | |
Dave Parulo 1st Vice Chair | 2 | $0 | |
Jayne Deluce Chair | 2 | $0 | |
Shannon Wiesenmayer Treasurer | 2 | $0 | |
Brett Stawar Director At Large | 2 | $0 | |
Beth Marchetti 2nd Vice Chair | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,497 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $68 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $93,565 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,275 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $188,763 |
| Total expenses | $193,038 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $281,910 |
| Other assets | $0 |
| Total assets | $291,910 |
| Total liabilities | $0 |
| Net assets or fund balances | $291,910 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
16 Tech Community Corporation Indianapolis, IN | $90,414,871 | $43,820,376 |
Chicago Convention & Tourism Bureau Inc Chicago, IL | $13,640,210 | $19,015,508 |
Financial Health Network Inc Chicago, IL | $19,686,455 | $18,603,239 |
Vocational Development Center Inc Council Bluffs, IA | $12,984,673 | $16,204,305 |
Southern Iowa Economic Development Association Ottumwa, IA | $4,848,905 | $15,262,424 |
St Louis Economic Development Partnership Saint Louis, MO | $27,235,860 | $13,883,018 |
Visit Indy Inc Indianapolis, IN | $20,981,890 | $14,589,218 |
Purchase Area Development District Inc Mayfield, KY | $0 | $14,269,202 |
Crosswalk Community Action Agency Inc West Frankfort, IL | $2,780,027 | $11,762,821 |
Wisconsin Dells Visitor & Convention Bureau Wisconsin Dells, WI | $26,952,168 | $17,110,395 |
Convention & Visitors Bureau Of Greater Kansas City Kansas City, MO | $12,878,337 | $11,432,355 |
Wbd Inc Madison, WI | $14,868,892 | $9,399,155 |