Mt Pleasant Area Convention & Visitors Bureau
- Assets
- $1.1m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 4
- Location
- Mount Pleasant, MI
- Founding
- 12/1989
- Data as of
- 12/2022
- EIN
- 38-2837295
Organization Overview
Mt Pleasant Area Convention & Visitors Bureau, operating under the name Mpacvb, is located in Mount Pleasant, MI. The organization was established in 1989. 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 12/2022, Mpacvb employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mpacvb 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 12/2022, Mpacvb generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $987.8k during the year ending 12/2022. While expenses have increased by 15.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENCOURAGE UTILIZATION OF MEMBER HOTELS AND MARKETING/DEVELOPMENT OF LOCAL BRAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENCOURAGE UTILIZATION OF APPROXIMATELY 15 AREA HOTELS USING TARGETED MARKETING PROGRAMS IN THE CONVENTION, MEETING, INDIVIDUAL, RECREATION AND SPECIAL EVENTS MARKET
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Rowley Ex Director | OfficerTrustee | 40 | $64,280 |
Jim Conklin President | OfficerTrustee | 2 | $0 |
Erik Rodriquez President El | OfficerTrustee | 2 | $0 |
Mark Homuth Treasurer | OfficerTrustee | 2 | $0 |
Krista Pohl Secretary | OfficerTrustee | 2 | $0 |
Tara Lee Leonard Past Preside | Trustee | 2 | $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 | $10,750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,750 |
| Total Program Service Revenue | $996,744 |
| Investment income | $921 |
| 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 | $1,008,415 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $64,280 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $95,497 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,059 |
| Payroll taxes | $12,768 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,145 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $740,521 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,450 |
| Travel | $853 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,172 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $277 |
| Insurance | $2,658 |
| All other expenses | $122 |
| Total functional expenses | $987,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $870,308 |
| Savings and temporary cash investments | $10,916 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $103,745 |
| 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 | $56,178 |
| Net Land, buildings, and equipment | $1,537 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,871 |
| Total assets | $1,053,555 |
| Accounts payable and accrued expenses | $16,676 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $1,575 |
| Total liabilities | $18,251 |
| Net assets without donor restrictions | $1,035,304 |
| 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 | $1,053,555 |
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