Janesville Area Convention And Vistors Bureau Inc is located in Janesville, WI. The organization was established in 2000. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Janesville Area Convention And Vistors Bureau Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Janesville Area Convention And Vistors Bureau 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, Janesville Area Convention And Vistors Bureau Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $736.9k during the year ending 12/2021. While expenses have increased by 8.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT AND PROMOTE CONVENTIONS AND TOURISM IN OUR COMMUNITY THUS CREATING A POSITIVE ECONOMIC IMPACT ON OUR COMMUNITY AND ENHANCE THE QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT AND PROMOTE CONVENTIONS AND TOURISM IN OUR COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christine I Rebout Executive Dir. | OfficerTrustee | 40 | $63,927 |
Julie Cubbage Secretary | OfficerTrustee | 1 | $0 |
Nathan Burkart Chairperson | OfficerTrustee | 1 | $0 |
Mason Lyttle Vice-Chair | OfficerTrustee | 1 | $0 |
Britten Langfoss Treasurer | OfficerTrustee | 1 | $0 |
Benjamin Brantmeier Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $420,900 |
All other contributions, gifts, grants, and similar amounts not included above | $641,060 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,061,960 |
Total Program Service Revenue | $10,156 |
Investment income | $605 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,516 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,075,237 |
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. | $63,627 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $163,765 |
Pension plan accruals and contributions | $5,491 |
Other employee benefits | $42,705 |
Payroll taxes | $18,803 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $11,578 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $316,317 |
Office expenses | $20,367 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $24,018 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $55,108 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,943 |
Insurance | $5,128 |
All other expenses | $0 |
Total functional expenses | $736,946 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $163,938 |
Savings and temporary cash investments | $514,906 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $3,790 |
Investments—publicly traded securities | $14,641 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $697,275 |
Accounts payable and accrued expenses | $9,713 |
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 | $0 |
Total liabilities | $9,713 |
Net assets without donor restrictions | $687,562 |
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 | $697,275 |
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