Greater Morgantown Convention And Visitors Bureau Inc
- Assets
- $1.6m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 13
- Location
- Morgantown, WV
- Founding
- 06/1986
- Data as of
- 12/2023
- EIN
- 55-0658922
Organization Overview
Greater Morgantown Convention And Visitors Bureau Inc, operating under the name Visit Mountaineer Country Cvb, is located in Morgantown, WV. The organization was established in 1986. 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 12/2023, Visit Mountaineer Country Cvb employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visit Mountaineer Country Cvb 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 12/2023, Visit Mountaineer Country Cvb generated $2.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 1.4% per year over the past 9 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 2021, Visit Mountaineer Country Cvb has awarded 13 individual grants totaling $262,440. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION SEEKS TO CREATE A POSITIVE ECONOMIC IMPACT ON THE GREATER MORGANTOWN AREA BY MARKETING TO VISITORS THROUGH SPECIAL EVENTS AND GROUP TOUR MARKETS. WE INFORM, EDUCATE, AND ADVISE VISITORS SO THEIR TIME IN GREATER MORGANTOWN IS WELL PLANNED AND REMEMBERED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION ACCOMPLISHED ITS GOALS BY; ADVISING AND SUPPORTING COMMUNITY PARTNERS THAT MARKET AND SELL SERVICES TO VISITORS, SUPPORTING THE DEVELOPMENT AND IMPLEMENTATION OF THE MARKETING PLAN, SUPPORTING THE MARKETING STRATEGIES OF THE WV DIVISION OF TOURISM, CULTIVATING A WORLD-CLASS TRAVEL AND TOURISM INDUSTRY THROUGH EXPANSION OF TOURISM BUSINESSES AND PROMOTION OF A POSITIVE IMAGE THEREBY IMPROVING THE WAY OF LIFE FOR CITIZENS OF THE MOUNTAINEER COUNTRY TOURISM REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Dulaney Director | Trustee | 1 | $0 |
Channing Moran Director | Trustee | 1 | $0 |
Lauren Kayal Director | Trustee | 1 | $0 |
Leah Carbone Director | Trustee | 1 | $0 |
Kerry Gnik Chair | OfficerTrustee | 1 | $0 |
Aly Goodwin-Gregg Vice-Chair | OfficerTrustee | 1 | $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 | $2,062,913 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,062,913 |
| Total Program Service Revenue | $0 |
| Investment income | $15,415 |
| 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 | $2,100,761 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $136,598 |
| 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. | $151,045 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $415,614 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $50,576 |
| Payroll taxes | $44,242 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $45 |
| Fees for services: Accounting | $7,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $26,375 |
| Information technology | $20,298 |
| Royalties | $0 |
| Occupancy | $85,070 |
| Travel | $3,311 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,658 |
| Interest | $4,273 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,677 |
| Insurance | $10,625 |
| All other expenses | $40,843 |
| Total functional expenses | $1,938,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $462,415 |
| Savings and temporary cash investments | $260,500 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $232,541 |
| 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 | $25,334 |
| Net Land, buildings, and equipment | $207,399 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $412,083 |
| Total assets | $1,600,272 |
| Accounts payable and accrued expenses | $117,018 |
| Grants payable | $0 |
| Deferred revenue | $79,842 |
| 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 | $434,173 |
| Total liabilities | $631,033 |
| Net assets without donor restrictions | $969,239 |
| 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 | $1,600,272 |
Grants Awarded
Over the last fiscal year, Greater Morgantown Convention And Visitors Bureau Inc has awarded $79,920 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNIONTOWN AREA YMCA PURPOSE: TO ENHANCE THE QUALITY OF EXISTING EVENTS AND ACTIVITIES AND ASSIST EXISTING ORGANIZATIONS IN EXPANDING AND ATTRACTING NEW EVENTS AND VISITORS 50 OR MORE MILES OUTSIDE OF MONONGALIA COUNTY. | $24,980 |
CITY OF MORGANTOWN PURPOSE: TO ENHANCE THE QUALITY OF EXISTING EVENTS AND ACTIVITIES AND ASSIST EXISTING ORGANIZATIONS IN EXPANDING AND ATTRACTING NEW EVENTS AND VISITORS 50 OR MORE MILES OUTSIDE OF MONONGALIA COUNTY. | $12,490 |
WEST VIRGINIA SECONDARY SCHOOL ACTIVITIES COMMISSION PURPOSE: TO ENHANCE THE QUALITY OF EXISTING EVENTS AND ACTIVITIES AND ASSIST EXISTING ORGANIZATIONS IN EXPANDING AND ATTRACTING NEW EVENTS AND VISITORS 50 OR MORE MILES OUTSIDE OF MONONGALIA COUNTY. | $31,990 |
MYLAN PARK PROPERTIES PURPOSE: TO ENHANCE THE QUALITY OF EXISTING EVENTS AND ACTIVITIES AND ASSIST EXISTING ORGANIZATIONS IN EXPANDING AND ATTRACTING NEW EVENTS AND VISITORS 50 OR MORE MILES OUTSIDE OF MONONGALIA COUNTY. | $10,460 |