Wisconsin Bed & Breakfast Association Inc
- Assets
- $92.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Waupaca, WI
- Founding
- 11/1995
- Data as of
- 12/2021
- EIN
- 39-1789405
Organization Overview
Wisconsin Bed & Breakfast Association Inc is located in Waupaca, WI. The organization was established in 1995. 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, Wisconsin Bed & Breakfast Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Bed & Breakfast Association Inc 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, Wisconsin Bed & Breakfast Association Inc generated $105.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $108.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 7 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
TO IMPROVE THE QUALITY OF B&B INNS,EDUCATE AND INFORM INNKEEPERS,AND PROMOTE THE B&B EXPERIENCE TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3
ANNUAL MEETINGS AND CONVENTION PROVIDES INNKEEPERS WITH EDUCATIONAL PROGRAMS AND NETWORKING OPPORTUNITIES WITH OTHER OWNERS.
ASPIRING INNKEEPER SERVICES PROVIDE POTENTIAL NEW INN OWNERS ACCESS TO INDUSTRY RULES AND REGULATIONS,QUALITY STANDARDS FOR HOSPITALITY SERVICES,BUSINESS FORMATION AND OPERATION STRATEGIES,AND OTHER VITAL INFORMATION TO SUCCESSFUL OPERATION OF A BED AND BREAKFAST.
STANDARDS INSPECTIONS ARE REQUIRED OF ALL MEMBERS TO INSURE HIGH QUALITY STANDARDS FOR ASSOCIATION MEMBER INNS. COMPLAINTS ARE ALSO INVESTIGATED TO IDENTIFY ANY PROBLEM AREAS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerri Thiel Executive Dir. | 40 | $43,500 | |
Jerry Phillips President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,969 |
| Total Program Service Revenue | $22,156 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $1,159 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $411 |
| Total Revenue | $105,697 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $60,378 |
| Professional fees and other payments to independent contractors | $1,480 |
| Occupancy, rent, utilities, and maintenance | $4,610 |
| Printing, publications, postage, and shipping | $444 |
| Other expenses | $41,175 |
| Total expenses | $108,087 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,962 |
| Other assets | $0 |
| Total assets | $91,962 |
| Total liabilities | $120,763 |
| Net assets or fund balances | -$28,801 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Invest Detroit Foundation Detroit, MI | $154,389,743 | $12,808,930 |
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 |
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 |