Civic Intelligence

Lehigh Valley Convention and Visitors Bureau Inc DBA Discover Lehigh Valley

990 • Fiscal year 2017 • EIN 23-2327944

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 23, 2017

840 Hamilton Street Suite 200Allentown, PA 18101

(610) 882-9200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

47th percentile

0.16x

Higher debt load relative to assets than 47% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

32nd percentile

0.08x

Higher debt load relative to revenue than 32% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

45th percentile

2.5%

Higher net margin than 45% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

57th percentile

$158,009

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

45th percentile

3.9%

Faster asset growth than 45% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

40th percentile

0.9%

Faster revenue growth than 40% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,064,001

Up $77,841 (+3.9%) from 2016

Net Assets

Up

$1,740,051

Up $107,272 (+6.6%) from 2016

Liabilities

Down

$323,950

Down $29,431 (-8.3%) from 2016

Revenue

Up

$4,288,899

Up $39,642 (+0.9%) from 2016

Expenses

Up

$4,181,627

Up $200,077 (+5.0%) from 2016

Net Income

Down

$107,272

Down $160,435 (-60%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $1,351,359Liabilities 2011: $140,145Net Assets 2011: $1,211,2142011Assets 2012: $1,387,437Liabilities 2012: $93,388Net Assets 2012: $1,294,0492012Assets 2013: $1,580,805Liabilities 2013: $297,470Net Assets 2013: $1,283,3352013Assets 2014: $1,630,845Liabilities 2014: $320,035Net Assets 2014: $1,310,8102014Assets 2015: $1,719,137Liabilities 2015: $354,063Net Assets 2015: $1,365,0742015Assets 2016: $1,986,160Liabilities 2016: $353,381Net Assets 2016: $1,632,7792016Assets 2017: $2,064,001Liabilities 2017: $323,950Net Assets 2017: $1,740,0512017Assets 2018: $2,200,448Liabilities 2018: $274,774Net Assets 2018: $1,925,6742018Assets 2019: $2,078,508Liabilities 2019: $199,030Net Assets 2019: $1,879,4782019Assets 2020: $2,208,758Liabilities 2020: $124,985Net Assets 2020: $2,083,7732020Assets 2021: $3,809,065Liabilities 2021: $554,857Net Assets 2021: $3,254,2082021Assets 2022: $4,337,434Liabilities 2022: $240,474Net Assets 2022: $4,096,9602022Assets 2023: $5,224,245Liabilities 2023: $935,243Net Assets 2023: $4,289,0022023Assets 2024: $5,124,275Liabilities 2024: $866,755Net Assets 2024: $4,257,5202024Assets 2025: $4,637,481Liabilities 2025: $744,702Net Assets 2025: $3,892,7792025

Highlighted filing

2017

Assets$2,064,001
Liabilities$323,950
Net Assets$1,740,051

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,010,457Expenses 2011: $2,794,208Net Income 2011: $216,2492011Expenses 2012: $3,096,5532012Expenses 2013: $3,419,8062013Revenue 2014: $3,481,653Expenses 2014: $3,454,178Net Income 2014: $27,4752014Revenue 2015: $3,799,753Expenses 2015: $3,745,489Net Income 2015: $54,2642015Revenue 2016: $4,249,257Expenses 2016: $3,981,550Net Income 2016: $267,7072016Revenue 2017: $4,288,899Expenses 2017: $4,181,627Net Income 2017: $107,2722017Revenue 2018: $4,506,227Expenses 2018: $4,320,604Net Income 2018: $185,6232018Revenue 2019: $4,428,484Expenses 2019: $4,474,680Net Income 2019: -$46,1962019Revenue 2020: $3,746,954Expenses 2020: $3,542,659Net Income 2020: $204,2952020Revenue 2021: $4,081,826Expenses 2021: $2,911,391Net Income 2021: $1,170,4352021Revenue 2022: $4,870,520Expenses 2022: $4,027,768Net Income 2022: $842,7522022Revenue 2023: $4,777,800Expenses 2023: $4,878,047Net Income 2023: -$100,2472023Revenue 2024: $4,841,034Expenses 2024: $4,872,516Net Income 2024: -$31,4822024Revenue 2025: $4,802,180Expenses 2025: $5,166,921Net Income 2025: -$364,7412025

Highlighted filing

2017

Revenue$4,288,899
Expenses$4,181,627
Net Income$107,272
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 23, 2017
Return Version
2016v3.0
Gross Receipts
$4,288,899
Mission and Program Overview

Mission

Discover lehigh valley builds the region's economy and image through destination marketing that increases the number of leisure and business visitors, the number of nights they stay, and the number of things they do in the two-county area of lehigh and northampton counties. These marketing efforts also enhance the quality of life and sense of hometown pride for lehigh valley, pa residents.

To promote and develop lehigh valley as a leisure and business travel destination.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$962,003$1,060,195▲ $98,192
Accounts Receivable$574,953$490,901▼ $84,052
Cash and Non-Interest-Bearing Accounts$212,465$288,272▲ $75,807
Land, Buildings, and Equipment, Net$213,582$201,175▼ $12,407
Prepaid Expenses and Deferred Charges$23,157$23,458▲ $301
Total Assets$1,986,160$2,064,001▲ $77,841
Liabilities
Deferred Revenue$227,305$200,207▼ $27,098
Accounts Payable and Accrued Expenses$126,076$123,743▼ $2,333
Total Liabilities$353,381$323,950▼ $29,431
Net Assets / Fund Balance
Unrestricted Net Assets$1,632,779$1,740,051▲ $107,272
Total Net Assets Fund Balance$1,632,779$1,740,051▲ $107,272
Total Liabilities and Net Assets / Fund Balance$1,986,160$2,064,001▲ $77,841

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$85,591$130,338$215,929
Leasehold Improvements$110,811$42,643$153,454
Equipment$4,773$50,084$54,857

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2012$30,000--$30,000-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael StershicPresidentFT$134,831$23,178$158,009

Board Members and Trustees

NameTitle
Denise MaiaticoChairman
Kurt LandesImmediate Past-chairman
Kassie HilgertVice-chairman
Andrea WeismillerDirector
Charlene Donchez MowersDirector
Charles EverettDirector
Dennis CostelloDirector
Don CunninghamDirector
Dyanne HoltDirector
Frank KaneDirector
Laura DilielloDirector
Mark JulianoDirector
Mike AxiotisDirector
Mike FehnelDirector
Paul PierpointDirector
Robin LysekDirector
Sally MccorrisonDirector
Sam LandisDirector
T Anthony IannelliDirector
Tim HerrlingerDirector
Victoria LozanoDirector
George BlumSecretary
Nathan EckhartTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$359,547
Investment Income
$6,197
Other Revenue
$3,923,155
Change in Net Assets
$107,272

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,866,126
Revenue Not Reported on Financial Statements
$1,422,773
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$1,422,773
Total Revenue per Audited Statements
$2,866,126
Total Revenue per Form 990
$4,288,899
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,159,942
Salaries, Compensation, and Employee Benefits$1,021,685
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$730,016
Comp Disqual Persons---$707,311
Occupancy---$194,026
Current Officers, Directors, Trustees, and Key Employees---$165,335
Payroll Taxes---$75,485
Office Expenses---$63,209
Other Expenses---$61,932
Pension Plan Contributions---$54,640
Travel---$44,092
All Other Expenses---$39,159
Depreciation Depletion---$27,559
Conferences and Meetings---$19,513
Other Employee Benefits---$18,914
Fees for Services Accounting---$17,850
Insurance---$13,458
Fees for Services Legal---$3,051
Total Functional Expenses$0$0$0$4,181,627

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,181,627
Expenses per Audited Statements$2,758,854
Total Expenses per Audited Statements$2,758,854
Expenses Not Reported on Financial Statements$1,422,773
Other Expense Adjustments$1,422,773
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The organization's 990 is reviewed and approved by the finance committee. It is then distributed amongst the entire board for comment/final review and approval prior to filing.

Form 990, Part VI, Section B, Line 12C

The organization's board members are required to sign a conflict of interest policy.

Form 990, Part VI, Section B, Line 15

The organization determines officer compensation through comparability data, substantiation and deliberation and a review of the compensation by independent persons.

Form 990, Part VI, Section C, Line 18

The organization makes available copies of irs form 990 on its website and provides printed copies of the form 990 upon request. The organization filed its form 1023 before july 1987 and is exempt from the irs requirement of supplying or showing its form 1023 to anyone requesting this document.

Form 990, Part VI, Section C, Line 19

The organization does not make these documents available to the public.

Filing and Contact Details

Filer

Filer Name
Lehigh Valley Convention and Visitors
EIN
23-2327944
Phone
6108829200
Address
840 HAMILTON STREET SUITE 200, ALLENTOWN, PA 18101

Signing Officer

Name
Michael Stershic
Title
President
Phone
6108829200
Signed
2017-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Stershic
Formed
1984
Legal Domicile
Pa
Voting Board Members
23
Independent Board Members
23
Employees
15
Volunteers
23

Preparer

Firm
Concannon Miller & Co Pc
Address
1525 VALLEY CENTER PARKWAY STE 300, BETHLEHEM, PA 18017-2285
Preparer
Andrea L Brady CPA
Phone
6104335501
Supplemental Narrative

Additional Explanations

Form 990 Part XI Line 2C

The organization's board of directors selects the independent auditor and the compensation of the auditor.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from income taxes under section 501(c)(6) of the internal revenue code. However, income from certain activities not directly related to the organization's tax-exempt purpose is subject to taxation as unrelated business income. The organization complies with the guidance for uncertainty in income taxes using the provisions of fasb asc 740, income taxes. Using that guidance,tax positions initially needed to be recognized in the financial statements when it is more-likely-than-not the position will be sustained upon examination by tax authorities. As of june 30, 2017 and 2016, the organization had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Room tax proceeds paid to lvedc netted on financial statements 1,422,773.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Room tax proceeds paid to lvedc netted on financial statements 1,422,773.

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IRS990/Desc0WE PROMOTE LEHIGH VALLEY AREA'S CULTURAL, HISTORICAL, NATURAL, RECREATIONAL AND OTHER TOURIST ASSETS. WE MAKE EXTENSIVE USE OF THE INTERNET, ELECTRONIC AND SOCIAL MEDIA, PRINT ADVERTISING AS WELL AS THE DESIGN, PRINTING AND DISTRIBUTION OF BROCHURES AND OTHER PROMOTIONAL MATERIALS. WE WORK WITHIN LEHIGH VALLEY TO ASSIST IN THE DEVELOPMENT, IMPROVEMENT AND EXPANSION OF VISITOR-RELATED ASSETS AND SERVICES. OUR MARKETING, PUBLIC RELATIONS, AND SOCIAL MEDIA EFFORTS REACH TENS OF MILLIONS OF PEOPLE ANNUALLY. OUR SALES EFFORTS ANNUALLY BRING HUNDREDS OF MEETINGS, CONVENTIONS, GROUPS, AND SPORTS EVENTS TO LEHIGH VALLEY. WE DISTRIBUTE HUNDREDS OF THOUSANDS OF OUR OWN AND OUR MARKETING PARTNERS' BROCHURES EACH YEAR. TOURISM GENERATES MORE THAN $2 BILLION IN ECONOMIC ACTIVITY TO LEHIGH VALLEY.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5IMMEDIATE PAST-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04288899
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt023
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt013458
IRS990/InvestmentIncomeGrp/ExclusionAmt06197
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06197
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0223065
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0213582
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0201175
IRS990/LandBldgEquipCostOrOtherBssAmt0424240
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO LEAD MARKETING AND SALES EFFORT DIRECTED TOWARD INCREASING VISITORS IN THE GROUP TOUR, SPORTS, MEETINGS, CONVENTIONS AND LEISURE MARKETS AND WORKS ACTIVELY WITHIN LEHIGH VALLEY TO ASSIST IN THE DEVELOPMENT, IMPROVEMENT, AND EXPANSION OF VISITOR RELATED FACILITIES, ATTRACTIONS AND EVENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01632779
IRS990/NetAssetsOrFundBalancesEOYAmt01740051
IRS990/NetUnrelatedBusTxblIncmAmt0-50363
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0194026
IRS990/OfficeExpensesGrp/TotalAmt063209
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt018914
IRS990/OtherExpensesGrp/Desc0HOTEL TAX
IRS990/OtherExpensesGrp/Desc1PROMOTIONS
IRS990/OtherExpensesGrp/Desc2WEBSITE DESIGN
IRS990/OtherExpensesGrp/Desc3PRINTING
IRS990/OtherExpensesGrp/TotalAmt01422773
IRS990/OtherExpensesGrp/TotalAmt1372597
IRS990/OtherExpensesGrp/TotalAmt2150707
IRS990/OtherExpensesGrp/TotalAmt361932
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/BusinessCd0812900
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0HOTEL ROOM TAX REVENUE
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03908718
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt114437
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03908718
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt114437
IRS990/OtherRevenueTotalAmt03923155
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt075485
IRS990/PensionPlanContributionsGrp/TotalAmt054640
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023157
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt023458
IRS990/PrincipalOfficerNm0MICHAEL STERSHIC
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1541800
IRS990/ProgramServiceRevenueGrp/Desc0PARTNERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1ADVERTISING AND PROMOT
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13426
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1170062
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0166636
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt05868
IRS990/PYOtherExpensesAmt03066694
IRS990/PYOtherRevenueAmt03800149
IRS990/PYProgramServiceRevenueAmt0443240
IRS990/PYRevenuesLessExpensesAmt0267707
IRS990/PYSalariesCompEmpBnftPaidAmt0914856
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/RegularMonitoringEnfrcInd01
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IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0962003
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01060195
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt030000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt030000
IRS990ScheduleD/EquipmentGrp/BookValueAmt04773
IRS990ScheduleD/EquipmentGrp/DepreciationAmt050084
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt054857
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01422773
IRS990ScheduleD/ExpensesSubtotalAmt02758854
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt042643
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0153454
IRS990ScheduleD/OtherExpensesNotIncludedAmt01422773
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt085591
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0130338
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0215929
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01422773
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01422773
IRS990ScheduleD/RevenueSubtotalAmt02866126
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ORGANIZATION COMPLIES WITH THE GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FASB ASC 740, INCOME TAXES. USING THAT GUIDANCE,TAX POSITIONS INITIALLY NEEDED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. AS OF JUNE 30, 2017 AND 2016, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ROOM TAX PROCEEDS PAID TO LVEDC NETTED ON FINANCIAL STATEMENTS 1,422,773.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2ROOM TAX PROCEEDS PAID TO LVEDC NETTED ON FINANCIAL STATEMENTS 1,422,773.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0201175
IRS990ScheduleD/TotalExpensesPerForm990Amt04181627
IRS990ScheduleD/TotalRevenuePerForm990Amt04288899
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02866126
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02758854
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0134831
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.64$0.74$3.89$4.80$5.17$0.36
2024Detailed filing. Detailed filing data is available for this year.$5.12$0.87$4.26$4.84$4.87$0.03
2023Detailed filing. Detailed filing data is available for this year.$5.22$0.94$4.29$4.78$4.88$0.10
2022Detailed filing. Detailed filing data is available for this year.$4.34$0.24$4.10$4.87$4.03$0.84
2021Detailed filing. Detailed filing data is available for this year.$3.81$0.55$3.25$4.08$2.91$1.17
2020Detailed filing. Detailed filing data is available for this year.$2.21$0.12$2.08$3.75$3.54$0.20
2019Detailed filing. Detailed filing data is available for this year.$2.08$0.20$1.88$4.43$4.47$0.05
2018Detailed filing. Detailed filing data is available for this year.$2.20$0.27$1.93$4.51$4.32$0.19
2017Detailed filing. Detailed filing data is available for this year.$2.06$0.32$1.74$4.29$4.18$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.99$0.35$1.63$4.25$3.98$0.27
2015Detailed filing. Detailed filing data is available for this year.$1.72$0.35$1.37$3.80$3.75$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.63$0.32$1.31$3.48$3.45$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.30$1.28$3.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.09$1.29$3.10
2011Summary only. Only limited summary data is available for this year.$1.35$0.14$1.21$3.01$2.79$0.22
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)6 • $1M-$5M nonprofits