Tempe Convention And Visitors Bureau Inc

Organization Overview

Tempe Convention And Visitors Bureau Inc is located in Tempe, AZ. The organization was established in 1988. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2024, Tempe Convention And Visitors Bureau Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tempe Convention And Visitors 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 06/2024, Tempe Convention And Visitors Bureau Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $3.9m during the year ending 06/2024. While expenses have increased by 4.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

DIRECT PROMOTION OF TOURISM THROUGH MARKETING PROGRAM DESIGNED TO ATTRACT AN INCREASING NUMBER OF VISITORS AND CONVENTION DELEGATES TO TEMPE WHICH WILL CONTRIBUTE TO THE OVERALL GROWTH OF THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WE PLACED ADVERTISEMENTS IN OUR PRIMARY TARGET MARKETS INCLUDING ARIZONA, LOS ANGELES, LAS VEGAS, SAN FRANCISCO BAY AREA, UTAH, COLORADO AND NEW MEXICO. THE ADS WERE A MIXTURE OF PRINT, RADIO, OUTDOOR, DIGITAL AND ONLINE BANNERS. THE MEDIA OUTLETS SELECTED HAD A COMBINED TOTAL OF CIRCULATION AND IMPRESSIONS OF 60,814,644. THE GOAL OF OUR ADVERTISING IS TO CREATE BRAND AWARENESS, EXPOSE TEMPE TO WOULD-BE TRAVELERS, PROVIDE A CALL-TO-ACTION FOR MORE INFORMATION AND INSPIRE CONSUMERS TO VISIT TEMPE AND STAY IN TEMPE. WE RECORDED A TOTAL OF 2,132 REQUESTS FOR INFORMATION, ALL OF WHICH RECEIVED OUR TEMPE VISITOR'S GUIDE. BASED ON OUR CONVERSION FORMULA OF TRAVELERS RESPONDING TO OUR ADVERTISING, WE ESTIMATE THAT OUR ADVERTISING RESULTED IN A TOTAL ECONOMIC IMPACT OF $853,667 IN FY23/24.


OUR SPORTS MARKETING EFFORTS INCLUDE MARKETING TEMPE TO NEW SPORTS RIGHTS HOLDERS AND WORKING WITH OUR EXISTING EVENTS TO ENSURE THEY ARE SUCCESSFUL. THE GOAL OF MARKETING IN THIS SEGMENT IS TO GENERATE ROOM NIGHTS FROM BOTH SPORTS PARTICIPANTS AND THEIR FAN BASE. THIS IS AN IMPORTANT MARKET BECAUSE INDIVIDUAL ATHLETES AND TEAM SPORTS ATTENDEES USE MULTIPLE HOTELS OVER THE WEEKENDS, TRAVEL TO TEMPE DURING NEEDPERIODS AND TEND TO BE RECESSION PROOF. THEY ALSO TEND TO BE ANNUAL EVENTS WHICH HELPS OUR HOTEL PARTNERS PREDICT THEIR AVAILABLE ROOM INVENTORY IN ADVANCE. IN FY 23/24 WE RECORDED 33 SPORTS BOOKINGS, 8,336 ROOM NIGHTS BOOKED AND 39,514 ATTENDEES. BASED ON OUR CONVERSION FORMULA FOR THE SPORTS MARKET, WE RECEIVED AN ESTIMATED ECONOMIC IMPACT OF $26,051,997. OUR GROUP MARKETING EFFORTS INCLUDE MARKETING TEMPE TO MEETING AND EVENT PLANNERS AND WORKING WITH OUR BOOKED PROGRAMS TO ENSURE THEY ARE SUCCESSFUL. THE GOAL OF MARKETING IN THIS SEGMENT IS TO GENERATE ROOM NIGHTS FROM CORPORATE, ASSOCIATION, SOCIAL, MILITARY, EDUCATIONAL, RELIGIOUS AND FRATERNAL MEETINGS AND EVENTS. THIS IS AN IMPORTANT MARKET BECAUSE MANY OF OUR HOTELS RELY ON GROUP BUSINESS FOR INCREASED ROOM NIGHTS AND FOOD AND BEVERAGE SALES.HOTELS ALSO FIND THIS VALUABLE AS THEY CAN BETTER PLAN FOR THE YEAR AHEAD KNOWING WHEN LARGE GROUPS WILL BE IN-HOUSE AT THEIR PROPERTY GIVING THEM THE ABILITY TO FOCUS ATTENTION ON SELLING NON-BOOKED ROOM NIGHTS IN ADVANCE. IN FY 23/24 WE RECORDED 128 GROUP BOOKINGS, 30,304 ROOM NIGHTS BOOKED AND 12,079 ATTENDEES. BASED ON OUR CONVERSION FORMULA FOR THE GROUP MARKET, WE RECEIVED AN ESTIMATED ECONOMIC IMPACT OF $26,434,198.


OUR DIGITAL MARKETING STRATEGY INCLUDES CONTENT DEVELOPMENT, SEARCH ENGINE OPTIMIZATION, PAY-PER-CLICK ADVERTISING, SOCIAL MEDIA, BOOSTED AD PLACEMENTS AND A DIRECT LINK THROUGH OUR ADVERTISING EFFORTS. THE GOAL OF OUR ONLINE MARKETING STRATEGY IS TO PROVIDE RELEVANT INFORMATION IN AN INSTANT TO ANYONE SEARCHING FOR TRAVEL TO TEMPE. THE INFORMATION PROVIDED IS INTENDED TO INSPIRE TRAVELERS THROUGH WRITTEN CONTENT AND VISUAL CONTENT SUCH AS PHOTOS AND VIDEOS. THE WEBSITE IS OUR PRIMARY CONNECTION TO THE PUBLIC AND IT IS CRITICAL THAT WE CONSTANTLY ENSURE THAT THE SITE IS OPTIMIZED, CONTAINS UP-TO-DATE INFORMATION AND PROVIDES THE END USER WITH INFORMATION RELEVANT TO THEIR NEEDS. IN FY 23/24 WE RECEIVED A TOTAL OF 1,400,000 VISITS TO OUR WEBSITE: WWW.TEMPETOURISM.COM. WE ALSO RECORDED A TOTAL OF 11,709,339 SOCIAL MEDIA ENGAGMENTS AND VIDEO VIEWS. BASED ON OUR WEBSITE CONVERSION FORMULA, WE ESTIMATE THAT THROUGH OUR DIGITAL EFFORTS WE GENERATED AN ECONOMIC IMPACT OF $23,550,436


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Board, Officers & Key Employees

Name (title)Compensation
Michael Martin
President & CEO
$186,000
Matthew Connelly
Director Of Sales
$117,051
Eric Sather
Director
$0
Munira Smith
Chairman
$0
Dana Terrazas
Director
$0
Alexandria Lexie Van Haren
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,891,145
All other contributions, gifts, grants, and similar amounts not included above$16,242
Noncash contributions included in lines 1a–1f $16,242
Total Revenue from Contributions, Gifts, Grants & Similar$3,907,387
Total Program Service Revenue$83,211
Investment income $770
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$18,643
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,975,749

Peer Organizations

Organization NameAssets
Anaheim Area Visitor And Convention Bureau
Anaheim, CA
$22,488,746
Orange County Realtors
Laguna Hills, CA
$12,535,574
Metropolitan Tucson Convention And Visitors Bureau
Tucson, AZ
$19,284,981
Park City Area Chamber Of Commerce Convention & Visitors Buerau
Park City, UT
$14,432,856
Visit Newport Beach Inc
Newport Beach, CA
$11,410,819
Sacramento Convention And Visitors Bureau
Sacramento, CA
$12,304,465
Denver Metro Chamber Of Commerce
Denver, CO
$9,671,530
Santa Barbara Conference And Visitors Bureau
Santa Barbara, CA
$10,941,430
California Health Medical Reserve Corps
Granite Bay, CA
$18,109,924
Arizona Association Of Realtors
Phoenix, AZ
$11,814,724
B Side Capital
Denver, CO
$7,230,112
North American Blueberry Council
Folsom, CA
$7,507,319
Engineering & Utility Contractors Association
San Ramon, CA
$7,567,026
Los Angeles Area Chamber Of Commerce
Los Angeles, CA
$5,710,532
Better Business Bureau Inc
San Leandro, CA
$5,416,856
Greater Las Vegas Chamber Of Commerce Inc
Las Vegas, NV
$5,642,881
Albuquerque Hispano Chamber Of Commerce
Albuquerque, NM
$6,067,503
Colorado Springs Convention Visitors Bureau
Colorado Springs, CO
$5,739,938
Sacramento Metropolitan Chamber Of Commerce
Sacramento, CA
$5,257,227
Arizona Chamber Of Commerce
Scottsdale, AZ
$4,287,152
Visit Mesa
Mesa, AZ
$5,173,998
San Diego Regional Chamber Of Commerce
San Diego, CA
$4,459,717
Economic Development Corporation- San Diego County
San Diego, CA
$3,999,265
Protect App-Based Drives And Services
San Rafael, CA
$7,929,271
Tempe Convention And Visitors Bureau Inc
Tempe, AZ
$3,975,749

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