Minnesota Northwoods Tourism Bureau
- Assets
- $224.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bemidji, MN
- Founding
- 04/2000
- Data as of
- 10/2023
- EIN
- 41-1956711
Organization Overview
Minnesota Northwoods Tourism Bureau is located in Bemidji, MN. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Northwoods Tourism 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 10/2023, Minnesota Northwoods Tourism Bureau generated $72.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $87.5k during the year ending 10/2023. While expenses have increased by 6.0% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OUTREACH FOR ADVERTISNG PROGRAMS TO PROMOTE TOURISM IN THE ORGANIZATIONS SERVICE AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Fallis President | 1 | $0 | |
Ed Fussy V-President | 1 | $0 | |
Zach Mahaffey Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $72,614 |
| Membership dues | $0 |
| Investment income | $153 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,767 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,675 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,309 |
| Other expenses | $81,511 |
| Total expenses | $87,495 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $189,588 |
| Other assets | $0 |
| Total assets | $224,368 |
| Total liabilities | $0 |
| Net assets or fund balances | $224,368 |