Tri-Cities Visitor & Convention Bureau
- Assets
- $4.0m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 24
- Location
- Kennewick, WA
- Founding
- 06/1971
- Data as of
- 12/2023
- EIN
- 91-0859630
Organization Overview
Tri-Cities Visitor & Convention Bureau is located in Kennewick, WA. The organization was established in 1971. 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 12/2023, Tri-Cities Visitor & Convention Bureau employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tri-Cities Visitor & Convention Bureau 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, Tri-Cities Visitor & Convention Bureau generated $3.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $2.9m during the year ending 12/2023. While expenses have increased by 3.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF VISIT TRI-CITIES IS TO PROMOTE, MARKET AND SELL THE REGION AS A PREFERRED DESTINATION TO VISITORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL ACTIVITIES OF THE BUREAU ARE DIRECTED TOWARD THE ATTRACTION OF VISITORS & CONVENTIONS TO THE TRI CITIES AREA. THE BUREAU CONDUCTS VARIOUS MARKETING ACTIVITIES TO MEET THIS OBJECTIVE.
314,068 VISITOR INQUIRIES WERE PROCESSED IN 2023. VISITORS TO THE BENTON/FRANKLIN COUNTY AREA SPENT $594.7 MILLION. TRAVEL RELATED EMPLOYMENT TOTALED 5,706 JOBS LOCALLY AND TOURISM GENERATED LOCAL AND STATE TAX RECEIPTS OF $74.2 MILLION.
IN 2023, 121,048 DELEGATES ATTENDED CONVENTIONS, RECREATIONAL, SPORTS, AND GROUP EVENTS IN THE TRI-CITIES. THEY WORKED WITH TRADE AND TRAVEL MEDIA TO GENERATE 56 TRAVEL STORIES; HELPED WITH MARKETING FOR THE MANHATTAN PROJECT NATIONAL HISTORICAL PARK AND VISITOR CENTER; AND CONTINUED COORDINATION OF TRI-CITIES RIVERSHORE ENHANCEMENT COUNCIL ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Lewis President & CEO | 40 | $194,672 | |
Hector Cruz VP Of Development | 40 | $107,004 | |
Gretchen Guerrero VP Of Finances | 40 | $100,299 | |
Deborah Barnard Director | Trustee | 1 | $0 |
Jerry Beach Director | Trustee | 1 | $0 |
Troy Berglund Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $182,207 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,030,885 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,213,092 |
| Total Program Service Revenue | $0 |
| Investment income | $7,598 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $366 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,221,056 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,081,455 |
| Pension plan accruals and contributions | $32,327 |
| Other employee benefits | $123,868 |
| Payroll taxes | $95,889 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,541 |
| Fees for services: Accounting | $45,108 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $741,772 |
| Office expenses | $122,694 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $90,504 |
| Travel | $0 |
| 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 | $24,707 |
| Insurance | $8,909 |
| All other expenses | $16,513 |
| Total functional expenses | $2,948,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,259,718 |
| Savings and temporary cash investments | $2,021,030 |
| Pledges and grants receivable | $0 |
| 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 | $754,706 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,035,454 |
| 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 | $98 |
| Total liabilities | $98 |
| Net assets without donor restrictions | $0 |
| 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 | $4,035,356 |
| Total liabilities and net assets/fund balances | $4,035,454 |