Fergus Falls Convention And Vistors Bureau Inc
- Assets
- $153.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fergus Falls, MN
- Founding
- 07/2003
- Data as of
- 12/2021
- EIN
- 74-3095875
Organization Overview
Fergus Falls Convention And Vistors Bureau Inc is located in Fergus Falls, MN. The organization was established in 2003. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fergus Falls 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, Fergus Falls Convention And Vistors Bureau Inc generated $183.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $144.1k during the year ending 12/2021. 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 Program Activity:
Part 3
PROMOTION OF TOURISM WITH A SPECIFIC FOCUS ON HEADS IN BEDS (OVERNIGHT STAYS).
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Bowman Executive Director | 40 | $59,699 | |
Mike Trudeau Chair | 0.5 | $0 | |
Shawn Donais First Vice Chair | 0.5 | $0 | |
Samantha Van Wechel-Meyer Director | 0.25 | $0 | |
Chris Schuelke Second Vice Chair | 0.5 | $0 | |
Karoline Gustafson Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,268 |
| Total Program Service Revenue | $138,808 |
| Membership dues | $0 |
| Investment income | $1,512 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11,540 |
| Total Revenue | $183,128 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $63,028 |
| Professional fees and other payments to independent contractors | $6,664 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $74,415 |
| Total expenses | $144,107 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,069 |
| Other assets | $0 |
| Total assets | $152,977 |
| Total liabilities | $8,919 |
| Net assets or fund balances | $144,058 |
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