Kearney Visitors Bureau Inc
- Assets
- $2.5m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 12
- Location
- Kearney, NE
- Founding
- 06/2017
- Data as of
- 06/2022
- EIN
- 86-1176325
Organization Overview
Kearney Visitors Bureau Inc is located in Kearney, NE. The organization was established in 2017. 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 06/2022, Kearney Visitors Bureau Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kearney 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 06/2022, Kearney Visitors Bureau Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $2.0m during the year ending 06/2022. While expenses have increased by 11.0% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTES GROWTH OF TOURISM AND HOSPITALITY TO THE KEARNEY AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPECIAL EVENTS & NEW PROJECTS
CONVENTION EXPENSES
OTHER PROGRAM EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Jasnoch Executive Director | Trustee | 40 | $80,891 |
Jackie Purdy Secretary/treasurer | OfficerTrustee | 5 | $0 |
Paul Younes Vice-President | OfficerTrustee | 5 | $0 |
Tim Mannlein President | OfficerTrustee | 5 | $0 |
Brad Kernick Board Member | Trustee | 5 | $0 |
Ben Holl Board Member | Trustee | 5 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,218,055 |
| Investment income | $3,878 |
| 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 | $2,350,242 |
| 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. | $80,891 |
| Compensation of current officers, directors, key employees. | $56,624 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $187,230 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,716 |
| Payroll taxes | $24,590 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,003 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $227,199 |
| Office expenses | $6,493 |
| Information technology | $6,856 |
| Royalties | $0 |
| Occupancy | $24,529 |
| Travel | $29,824 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,587 |
| Insurance | $6,745 |
| All other expenses | $20,233 |
| Total functional expenses | $1,976,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $456,826 |
| Savings and temporary cash investments | $1,811,961 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $177,754 |
| 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 | $770 |
| Net Land, buildings, and equipment | $3,284 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,232 |
| Total assets | $2,455,827 |
| Accounts payable and accrued expenses | $43,977 |
| 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 | $0 |
| Total liabilities | $43,977 |
| Net assets without donor restrictions | $2,411,850 |
| 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 | $2,455,827 |
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