Eau Claire Area Convention And Visitors Bureau Inc
- Assets
- $979.7k
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 10
- Location
- Eau Claire, WI
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 39-1366616
Organization Overview
Eau Claire Area Convention And Visitors Bureau Inc, operating under the name Visit Eau Claire, is located in Eau Claire, WI. The organization was established in 0000. 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 12/2021, Visit Eau Claire employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visit Eau Claire 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, Visit Eau Claire generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 2.9% per year over the past 7 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.
Since 2016, Visit Eau Claire has awarded 39 individual grants totaling $2,039,175. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
VISIT EAU CLAIRE IS THE AREA'S OFFICIAL DESTINATION MARKETING ORGANIZATION (DMO) WHOSE ROLE IS TO BETTER THE CITY FOR ALL WHO LIVE, WORK, STUDY AND PLAY HERE. OUR MISSION IS TO BRING VISITORS TO THE AREA FOR BUSINESS, LEISURE OR SOCIAL PURPOSES. WITH ENCOURAGEMENT AND SUPPORT FROM VISIT EAU CLAIRE AND BENEFITING GREATLY FROM THE COLLABORATIVE SPIRIT OF THOSE WHO CALL THE COMMUNITY HOME. WE'VE MADE A NAME FOR OURSELVES AS A CREATIVE HUB WITH HOMEGROWN MUSIC, AN ART SCENE, AN ENTREPRENEURIAL CULTURE AND A GREAT PLACE TO RAISE A FAMILY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EFFECTIVELY MARKET THE EAU CLAIRE AREA AS A DESTINATION FOR CONVENTIONS, SPORTING EVENTS, GROUP TOUR AND LEISURE MARKETS. PROMOTE REGIONAL ECONOMIC GROWTH AND ENHANCE AND MAINTAIN THE AREA'S OVERALL IDENTITY AND IMAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin M Anderson Executive Director | Officer | 40 | $82,312 |
Kathy Wright Chairman | OfficerTrustee | 1 | $0 |
Becky Squires Vice Chair | OfficerTrustee | 1 | $0 |
Jill Brenner Secretary | OfficerTrustee | 1 | $0 |
Michael Golat Treasurer | OfficerTrustee | 1 | $0 |
Jason Jon Anderson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,200 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $258,233 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,699 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $276,132 |
| Total Program Service Revenue | $1,673,157 |
| Investment income | $1,494 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,000 |
| Net Gain/Loss on Asset Sales | $643 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,969,033 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $477,709 |
| 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. | $95,815 |
| Compensation of current officers, directors, key employees. | $19,162 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $335,387 |
| Pension plan accruals and contributions | $8,533 |
| Other employee benefits | $63,329 |
| Payroll taxes | $31,998 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,250 |
| Fees for services: Accounting | $24,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,173 |
| Advertising and promotion | $289,074 |
| Office expenses | $15,942 |
| Information technology | $96,616 |
| Royalties | $0 |
| Occupancy | $62,680 |
| Travel | $1,678 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,878 |
| Interest | $13,741 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,091 |
| Insurance | $8,055 |
| All other expenses | $29,936 |
| Total functional expenses | $1,687,960 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21 |
| Savings and temporary cash investments | $48,162 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $554,496 |
| 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 | $0 |
| Net Land, buildings, and equipment | $376,977 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $979,656 |
| Accounts payable and accrued expenses | $118,334 |
| 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 | $27,429 |
| Unsecured mortgages and notes payable | $694,059 |
| Other liabilities | $0 |
| Total liabilities | $839,822 |
| Net assets without donor restrictions | $81,929 |
| Net assets with donor restrictions | $57,905 |
| 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 | $979,656 |
Grants Awarded
Over the last fiscal year, Eau Claire Area Convention And Visitors Bureau Inc has awarded $424,423 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Eau Claire, WI PURPOSE: ALLOCATE AND REMIT OF CITY OF EC FUNDING FOR SPECIFIED TOURISM DEVELOPMENT | $225,000 |
Eau Claire, WI PURPOSE: ALLOCATE AND REMIT OF CITY OF EC FUNDING FOR SPECIFIED COMMUNITY ENHANCEMENT ENTITY | $78,593 |
Eau Claire, WI PURPOSE: ALLOCATE AND REMIT OF CITY OF EC FUNDING FOR SPECIFIED COMMUNITY ENHANCEMENT ENTITY | $36,490 |
BLUE OX MUSIC FESTIVAL PURPOSE: JEM AND TOURISM GRANTS | $24,740 |
Verona, WI PURPOSE: TOURISM GRANTS | $16,000 |
WISCONSIN INSTITUTE FOR PUBLIC POLICY & SERVICE PURPOSE: TOURISM GRANT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Financial Health Network Inc Chicago, IL | $19,686,455 | $18,603,239 |
Southern Minnesota Initiative Foundation Owatonna, MN | $74,043,196 | $20,001,758 |
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 |
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 |
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 |
Wbd Inc Madison, WI | $14,868,892 | $9,399,155 |
Metropolitan Economic Development Association Minneapolis, MN | $45,113,584 | $12,064,856 |
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 |