Shiawassee County Convention And Visitors Bureau
- Assets
- $28.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Owosso, MI
- Founding
- 02/1987
- Data as of
- 12/2021
- EIN
- 38-2706785
Organization Overview
Shiawassee County Convention And Visitors Bureau is located in Owosso, MI. The organization was established in 1987. 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. Shiawassee County 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 12/2021, Shiawassee County Convention And Visitors Bureau generated $25.2k 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 (7.6%) each year. All expenses for the organization totaled $42.7k during the year ending 12/2021. 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 Program Activity:
Part 3
THE ORGANIZATION UTILIZES ASSESSMENT FUNDS TO PROMOTE TOURISM FOR SHIAWASSEE COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Springsdorf Executive Di | 20 | $0 | |
Tony Nash Advisory Mem | 2 | $0 | |
Paul Cook Chair | 2 | $0 | |
Vikram Shah Director | 2 | $0 | |
Sam Limbachia Director | 2 | $0 | |
Mary Stone Advisory Mem | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $25,223 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,232 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,535 |
| Professional fees and other payments to independent contractors | $6,693 |
| Occupancy, rent, utilities, and maintenance | $6,548 |
| Printing, publications, postage, and shipping | $197 |
| Other expenses | $7,747 |
| Total expenses | $42,720 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,205 |
| Other assets | $0 |
| Total assets | $28,205 |
| Total liabilities | $965 |
| Net assets or fund balances | $27,240 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metropolitan Detroit Convention & Vistors Bureau Detroit, MI | $36,765,048 | $14,015,809 |
Detroit Economic Growth Corp Detroit, MI | $7,209,211 | $10,420,774 |
Lawrence Economic Development Corporation South Point, OH | $62,339,240 | $9,945,474 |
Wbd Inc Madison, WI | $14,868,892 | $9,399,155 |
Southwest Michigan First Corporation Kalamazoo, MI | $10,945,070 | $8,560,798 |
Wenonah Park Properties Inc Bay City, MI | $22,411,152 | $7,079,713 |
Applied Research Institute Bloomington, IN | $3,329,526 | $9,074,163 |
Grand Rapids-Kent Cty Convention Center & Vistors Bureau Grand Rapids, MI | $10,130,209 | $9,465,987 |
Elevate Ventures Inc Indianapolis, IN | $13,635,821 | $6,541,390 |
Team Neo Foundation Cleveland, OH | $2,982,756 | $6,381,649 |
Greater Cincinnati Convention & Visitors Bureau Inc Cincinnati, OH | $12,063,911 | $8,787,781 |
Wayne State Univ Research & Techno- Logy Park In The City Of Detroit Detroit, MI | $24,221,060 | $8,978,851 |