Albany Convention & Visitors Association
- Assets
- $233.3k
- Revenue
- $346.0k
- Investments
- $0.0
- Employees
- 7
- Location
- Albany, OR
- Founding
- 01/1993
- Data as of
- 06/2022
- EIN
- 93-1016272
Organization Overview
Albany Convention & Visitors Association is located in Albany, OR. The organization was established in 1993. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Albany Convention & Visitors Association employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albany Convention & Visitors Association 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, Albany Convention & Visitors Association generated $346.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $281.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 7 years. 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
TO GROW THE ECONOMIC IMPACT OF TOURISM ENRICHING LOCAL EXPERIENCES, CARRYING THIS OUT BY ENCOURAGING OVERNIGHT STAYS AND VISITOR EXPENDITURES, SEEKING NEW TOURISM OPORTUNITIES (INCLUDING LOCAL, REGIONAL AND STATE-WIDE PARTNERSHIPS), PROMOTING ALBANY AND THE SURROUNDING AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCES THE OFFICIAL GUIDE FOR ALBANY, AND A LOCATOR MAP FOR VISITORS, THE OFFICIAL VISITOR WEBSITE FOR ALBANY, WITH LINKS TO BUSINESSES AND EVENTS, THE OFFICIAL CALENDAR OF EVENTS FOR VISITORS COMING TO ALBANY AND THE SURROUNDING AREAS, USED FOR GOOGLE, AND LINKED TO CITYOFALBANY.NET, THE HISTORIC DISTRICT TOUR OF ALBANY: SEEMS LIKE OLD TIMES, THE HISTORIC PLAQUES DISPLAYED ON ALBANYS HISTORIC HOMES, THE ALBANY SOCIAL MEDIA TRAVEL CAMPAIGNS THROUGH FACEBOOK, INSTAGRAM, TWITTER, E-NEWSLETTERS AND THE ALBANY APP SPECIFICALLY TO MARKET TO ALBANY VISITORS, THE ALBANY ADVERTISING CAMPAIGNS FOR LEISURE ABD GROUP TRAVEL PROMOTION, LEVERAGING PARTNER DOLLARS AND OPPORTUNITIES.
OPERATES THE OFFICIAL ALBANY VISITOR CENTER AT 3RD & LYON ST, WITH GOOD TRAFFIC FLOW AND EASY FOR VISITORS TO FIND RIGHT ON HWY 20, THE SANTIAM REST AREA KIOSK ON I-5 SERVING HOT COFFEE AND PROVIDING TRAVEL INFORMATION, MINI KIOSKS AT LODGING FACILITIES, EXPO CENTER, ALBANY TRAIN STATION, ALBANY DOWNTOWN ASSOCIATION AND HISTORIC CAROUSEL & MUSEUM WITH INFORMATION ABOUT ALBANY AND LINN COUNTY.
PROMOTION OF LOCAL HISTORIC RESOURCES SERVING AS A LIASON BETWEEN HISTORIC-RELATED GROUPS IN THE COMMUNITY AND THE PUBLIC; ACTS AS A RESOURCE FOR THE PUBLIC WITH RESPECT TO HISTORIC DISTRICTS, EVENTS AND ARCHITURE; AND ASSITS WITH THE EVENT PLANNING, EVENT MARKETING AND SITE PROMOTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Bond Executive Director | OfficerTrustee | 40 | $57,632 |
Trent Lesire Treasurer | OfficerTrustee | 2 | $0 |
Jody Kruse President | OfficerTrustee | 2 | $0 |
Randy Joss Secretary | OfficerTrustee | 2 | $0 |
Rene Sadae Vice President | OfficerTrustee | 2 | $0 |
Conner Mclain Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $315,712 |
| 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 | $315,712 |
| Total Program Service Revenue | $30,232 |
| Investment income | $9 |
| 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 | $345,953 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,954 |
| 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. | $57,632 |
| Compensation of current officers, directors, key employees. | $8,798 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,226 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,978 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,967 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $45,983 |
| Office expenses | $17 |
| Information technology | $917 |
| Royalties | $0 |
| Occupancy | $14,300 |
| Travel | $306 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,729 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $934 |
| Insurance | $2,677 |
| All other expenses | $13,944 |
| Total functional expenses | $281,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $227,429 |
| Savings and temporary cash investments | $0 |
| 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 | $5,875 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $233,304 |
| Accounts payable and accrued expenses | $1,156 |
| 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 | $471 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,627 |
| Net assets without donor restrictions | $231,677 |
| 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 | $233,304 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Diego Convention And Tourist Bureau San Diego, CA | $10,248,135 | $28,266,235 |
Cdc Small Business Finance Corp San Diego, CA | $123,395,668 | $31,738,512 |
Mission Economic Development Agency San Francisco, CA | $193,556,070 | $20,206,962 |
San Francisco Travel Association San Francisco, CA | $17,687,275 | $15,738,684 |
Citadel Economic Development Corporation San Bernardino, CA | $7,215,242 | $16,438,545 |
Spokane Area Workforce Development Council Spokane, WA | $1,735,015 | $9,993,306 |
Long Beach Area Convention And Visitors Bureau Inc Long Beach, CA | $4,784,571 | $9,189,036 |
San Luis Obispo Visitors & Conference Bureau Incorporated San Luis Obispo, CA | $7,302,521 | $9,818,447 |
Smcu Community Fund Redwood City, CA | $1,513,371 | $6,964,137 |
South Central Workforce Development Council Union Gap, WA | $4,276,195 | $7,715,275 |
Santa Monica Travel & Tourism Santa Monica, CA | $2,868,308 | $7,126,411 |
Providence Foundation Of San Francisco San Francisco, CA | $2,572,916 | $7,012,697 |