Civic Intelligence

Akron-Summit Convention & Visitors Bureau Inc

990 • Fiscal year 2024 • EIN 34-1131390

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 23, 2026

Organization ProfileWWW.VISITAKRON-SUMMIT.ORG

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77 E Mill StreetAkron, OH 44308

(330) 374-8900

Siviq Scores

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

Liabilities / Assets

50th percentile

0.20x

Higher debt load relative to assets than 50% of similar nonprofits.

2024 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.16x

Higher debt load relative to revenue than 33% of similar nonprofits.

2024 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

21st percentile

-3.3%

Higher net margin than 21% of similar nonprofits.

2024 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

47th percentile

$265,018

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2024 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2024

Asset Growth

10th percentile

-7.7%

Faster asset growth than 10% of similar nonprofits.

2024 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

47th percentile

6.0%

Faster revenue growth than 47% of similar nonprofits.

2024 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets50th percentile

Assets

Down

$6,405,201

Down $298,673 (-4.5%) from 2022

Net Assets

Down

$5,117,846

Down $18,615 (-0.4%) from 2022

Liabilities

Down

$1,287,355

Down $280,058 (-18%) from 2022

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin21st percentile

Revenue

Up

$7,939,955

Up $257,254 (+3.3%) from 2022

Expenses

Up

$8,205,218

Up $1,692,312 (+26%) from 2022

Net Income

Down

-$265,263

Down $1,435,058 (-123%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $3,317,529Liabilities 2010: $1,230,343Net Assets 2010: $2,087,1862010Assets 2011: $3,128,954Liabilities 2011: $1,208,831Net Assets 2011: $1,920,1232011Assets 2012: $3,418,186Liabilities 2012: $1,141,771Net Assets 2012: $2,276,4152012Assets 2013: $3,617,024Liabilities 2013: $1,083,401Net Assets 2013: $2,533,6232013Assets 2014: $3,963,454Liabilities 2014: $1,059,228Net Assets 2014: $2,904,2262014Assets 2015: $4,491,488Liabilities 2015: $1,371,662Net Assets 2015: $3,119,8262015Assets 2016: $5,282,268Liabilities 2016: $1,677,851Net Assets 2016: $3,604,4172016Assets 2017: $5,574,276Liabilities 2017: $1,729,943Net Assets 2017: $3,844,3332017Assets 2018: $5,650,809Liabilities 2018: $1,560,810Net Assets 2018: $4,089,9992018Assets 2019: $5,731,004Liabilities 2019: $1,753,390Net Assets 2019: $3,977,6142019Assets 2020: $4,697,579Liabilities 2020: $1,601,607Net Assets 2020: $3,095,9722020Assets 2021: $6,460,224Liabilities 2021: $2,463,669Net Assets 2021: $3,996,5552021Assets 2022: $6,703,874Liabilities 2022: $1,567,413Net Assets 2022: $5,136,4612022Assets 2024: $6,405,201Liabilities 2024: $1,287,355Net Assets 2024: $5,117,8462024

Highlighted filing

2024

Assets$6,405,201
Liabilities$1,287,355
Net Assets$5,117,846
Open 2024 Filing

Operations Trend

Revenue Growth47th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $5,179,1272010Expenses 2011: $5,478,3362011Expenses 2012: $5,829,2952012Revenue 2013: $6,239,116Expenses 2013: $5,981,908Net Income 2013: $257,2082013Revenue 2014: $6,813,747Expenses 2014: $6,443,144Net Income 2014: $370,6032014Revenue 2015: $6,886,916Expenses 2015: $6,671,316Net Income 2015: $215,6002015Revenue 2016: $7,551,610Expenses 2016: $7,067,019Net Income 2016: $484,5912016Revenue 2017: $7,019,997Expenses 2017: $6,780,081Net Income 2017: $239,9162017Revenue 2018: $7,264,055Expenses 2018: $7,018,389Net Income 2018: $245,6662018Revenue 2019: $6,822,909Expenses 2019: $6,935,294Net Income 2019: -$112,3852019Revenue 2020: $3,259,968Expenses 2020: $4,141,610Net Income 2020: -$881,6422020Revenue 2021: $5,523,217Expenses 2021: $4,622,634Net Income 2021: $900,5832021Revenue 2022: $7,682,701Expenses 2022: $6,512,906Net Income 2022: $1,169,7952022Revenue 2024: $7,939,955Expenses 2024: $8,205,218Net Income 2024: -$265,2632024

Highlighted filing

2024

Revenue$7,939,955
Expenses$8,205,218
Net Income-$265,263
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 23, 2026
Return Version
2024v5.5
Gross Receipts
$7,939,955
Mission and Program Overview

Mission

The bureau's mission is to promote akron and summit county as an ideal location for meetings, conventions and tours. The center's mission is to provide a first-class, affordable facility to greater-akron, regional and national clients for the purpose of business, education and entertainment, which will in turn create jobs, encourage new business, promote tourism, increase the area's visibility, and gain further recognition for akron and summit county as a vibrant and dynamic destination for any type of event.

Promote the city of akron and the county of summit.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,760,764$2,239,096▲ $478,332
Savings and Temporary Cash Investments$1,683,009$1,773,638▲ $90,629
Accounts Receivable$1,310,049$1,245,556▼ $64,493
Cash and Non-Interest-Bearing Accounts$1,759,542$675,622▼ $1,083,920
Prepaid Expenses and Deferred Charges$191,630$229,812▲ $38,182
Inventories for Sale or Use$44,203$51,677▲ $7,474
Total Assets$6,938,997$6,405,201▼ $533,796
Other Assets Total$189,800$189,800→ $0
Liabilities
Accounts Payable and Accrued Expenses$891,853$694,529▼ $197,324
Mortgage Notes Payable Secured by Investment Property$221,465$209,569▼ $11,896
Deferred Revenue$296,024$193,457▼ $102,567
Other Liabilities$189,800$189,800→ $0
Total Liabilities$1,599,142$1,287,355▼ $311,787
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,670,441$2,938,319▼ $732,122
Net Assets With Donor Restrictions$1,669,414$2,179,527▲ $510,113
Total Net Assets Fund Balance$5,339,855$5,117,846▼ $222,009
Total Liabilities and Net Assets / Fund Balance$6,938,997$6,405,201▼ $533,796

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,213,043$1,276,443$2,489,486
Leasehold Improvements$897,948$464,311$1,362,259
Other Land Buildings$128,105$262,898$391,003
Compensation and Service Providers
Top Officer Pay47th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gregg MervisChief Executive Officer & PresidentFT$190,450$74,568$265,018
Robert CzupHead ElectricianFT$113,829$80,492$194,321
Keith PomeraningVice President of OperationsFT$115,997$48,648$164,645
Ronald DorseyVice President of Food & BeverageFT$130,642$31,850$162,492
Morell MendiolaChief Financial OfficerFT$120,000$31,911$151,911
Stephanie BerryVice President of Marketing & Brand ManagementFT$102,079$13,113$115,192

Board Members and Trustees

NameTitle
Renato CamachoChair
Maureen M SchneiderVice Chair of the Board, Director
Bob PurdyDirector
Christine Wiedie HighamDirector
David E PrenticeDirector
David LieberthDirector
Don Padgett IiiDirector
Ismail Al-aminDirector
Jack DeleoDirector
Jeannine MarksDirector
Marco SommervilleDirector
Sandra HamadDirector
Shirlene KramerDirector
Sharon ReavesSecretary of the Board, Director
Jeffrey LynchTreasurer of the Board, Director
Revenue and Support

Revenue Composition

Contributions and Grants
$4,270,469
Program Service Revenue
$3,450,238
Investment Income
$78,774
Other Revenue
$140,474
Change in Net Assets
$-265,263
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,418,180
Other Expenses$3,787,038
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,168,684
Occupancy---$1,438,884
Advertising---$899,364
Current Officers, Directors, Trustees, and Key Employees---$416,929
Other Employee Benefits---$397,934
Depreciation Depletion---$364,702
Payroll Taxes---$307,883
Pension Plan Contributions---$126,750
Insurance---$123,307
Fees for Services Other---$108,582
Information Technology---$108,510
Travel---$74,970
Office Expenses---$70,243
Other Expenses---$31,829
Conferences and Meetings---$22,495
Fees for Services Accounting---$18,403
Interest---$13,802
Fees for Services Legal---$5,182
Total Functional Expenses$0$0$0$8,205,218
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right of Use Liability$189,800
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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 A, Line 7A

“Seven members of the board are appointed by the county of summit, seven members of the board are appointed by the city of akron, and one member is appointed by the labor council. These entities have the authority to appoint members but members that serve hold no obligations regarding votes to those entities.”

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

“The cfo verifies that all questions were accurately answered and reconciles amounts to financial statements. Once verified, the tax document is reviewed by the ceo and then approval is given to the third party preparer to file the form 990. The completed form is emailed to all board members for reference.”

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

“Annually, new statements are requested to be signed at the board meetings.”

Form 990, Part VI, Section B, Line 15

“The process for determining compensation of the president/ceo of the organization: the process involves review and approval by personnel committee and board of directors. There is an employment contract agreed to by the board, which specifies the annual percentage increase. Also, the personnel committee created, and annually adjusts, a matrix to determine the potential bonus amount the president can earn. The process for determining compensation for the chief financial officer's compensation: the chief financial officer's pay is determined by the chief executive officer. The process described here was last completed in 2023.”

Form 990, Part VI, Section C, Line 19

“Once completed, the annual audit will be available on the state auditor's website. The link is provided on the organization's website. All other documents are available in the organization's offices upon request.”

Filing and Contact Details

Filer

Filer Name
Akron-summit Convention & Visitors
EIN
34-1131390
Phone
3303748900
Address
77 E MILL STREET, AKRON, OH 44308
Doing Business As
John S Knight Center

Signing Officer

Name
Morell Mendiola
Title
Chief Financial Officer
Phone
3303748900
Signed
2026-03-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregg Mervis
Formed
1973
Legal Domicile
Oh
Voting Board Members
15
Independent Board Members
15
Employees
125
Volunteers
15

Preparer

Firm
Cliftonlarsonallen Llp
Address
4334 MUNSON STREET SUITE 200, CANTON, OH 44718
Preparer
Jennifer Coleman
Phone
3304972000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in value of treasury note 11,820.”

FORM 990, PART XII, LINE 2B:

“Akron-summit convention & visitors bureau, inc. Is audited by the ohio auditor of state. The audited financial statements for 2024 were not complete at the time of the form 990 filing but will be completed at a later date.”

Federal Elections

“Section 1.263(a)-1(f) de minimis safe harbor election akron-summit convention & visitors bureau, inc. 77 e. Mill street akron, oh 44308 employer identification number: 34-1131390 for the year ending december 31, 2024 akron-summit convention & visitors bureau, inc. Is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f).”

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IRS990/Form990PartVIISectionAGrp/PersonNm20KEITH POMERANING
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR OF THE BOARD, DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER OF THE BOARD, DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY OF THE BOARD, DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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/TitleTxt15CHIEF EXECUTIVE OFFICER & PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17VICE PRESIDENT OF MARKETING & BRAND MANAGEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18HEAD ELECTRICIAN
IRS990/Form990PartVIISectionAGrp/TitleTxt19VICE PRESIDENT OF FOOD & BEVERAGE
IRS990/Form990PartVIISectionAGrp/TitleTxt20VICE PRESIDENT OF OPERATIONS
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IRS990/InsuranceGrp/TotalAmt0123307
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,405,201
Liabilities
$1,287,355
Net assets
$5,117,846
Revenue
$7,939,955
Expenses
$8,205,218
Net income
-$265,263
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.41$1.29$5.12$7.94$8.21$0.27
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.70$1.57$5.14$7.68$6.51$1.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.46$2.46$4.00$5.52$4.62$0.90
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.70$1.60$3.10$3.26$4.14$0.88
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.73$1.75$3.98$6.82$6.94$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.65$1.56$4.09$7.26$7.02$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.57$1.73$3.84$7.02$6.78$0.24
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.28$1.68$3.60$7.55$7.07$0.48
2015Detailed filing. Detailed filing data is available for this year.$4.49$1.37$3.12$6.89$6.67$0.22
2014Detailed filing. Detailed filing data is available for this year.$3.96$1.06$2.90$6.81$6.44$0.37
2013Detailed filing. Detailed filing data is available for this year.$3.62$1.08$2.53$6.24$5.98$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.42$1.14$2.28$5.83
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.13$1.21$1.92$5.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.32$1.23$2.09$5.18