Visit Newberg
- Assets
- $463.2k
- Revenue
- $482.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Newberg, OR
- Founding
- Data as of
- 06/2023
- EIN
- 83-3945739
Organization Overview
Visit Newberg, operating under the name Taste Newberg, is located in Newberg, OR. 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. As of 06/2023, Taste Newberg employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taste Newberg 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 06/2023, Taste Newberg generated $482.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $401.5k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE ECONOMIC VITALITY OF THE COMMUNITY BY PROMOTING NEWBERG AS A YEAR-ROUND VISITOR, CONVENTION AND EVENT DESTINATION BY MAXIMIZING COLLABORATIVE PARTNERSHIPS, EFFICIENTLY ACTIVATING TRANSIENT LODGING TAX REVENUE AND IMPLEMENTING EFFECTIVE SALES AND MARKETING PROGRAMS, WHILE CULTIVATING A WORLD-CLASS VISITOR EXPERIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DESTINATION MARKETING TO ENHANCE THE GREATER NEWBERG AREA ECONOMY BY ATTRACTING TOURISTS AND ENSURING THEY SUPPORT LOCAL BUSINESSES DURING THEIR VISIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leigh Jensen Executive Di | OfficerTrustee | 40 | $71,958 |
Leslie Caldwell Former Exe. | OfficerTrustee | 40 | $21,844 |
Phil Amaya Board Member | Trustee | 1 | $0 |
Percy Brandon Board Member | Trustee | $0 | |
Megan Carda Treasurer | Trustee | 1 | $0 |
Stefan Czarnecki Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $478,166 |
| All other contributions, gifts, grants, and similar amounts not included above | $500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $478,666 |
| Total Program Service Revenue | $0 |
| Investment income | $3,860 |
| 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 | $482,526 |
| 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. | $95,740 |
| Compensation of current officers, directors, key employees. | $95,740 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,909 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,212 |
| Fees for services: Accounting | $7,019 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,164 |
| Advertising and promotion | $269,810 |
| Office expenses | $5,405 |
| Information technology | $730 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,085 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,370 |
| Interest | $34 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,976 |
| All other expenses | $0 |
| Total functional expenses | $401,454 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,564 |
| Savings and temporary cash investments | $326,854 |
| Pledges and grants receivable | $9,783 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $463,201 |
| Accounts payable and accrued expenses | $0 |
| 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 | $275 |
| Total liabilities | $275 |
| Net assets without donor restrictions | $405,176 |
| Net assets with donor restrictions | $57,750 |
| 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 | $463,201 |