Civic Intelligence

Lagrange County Convention And

EIN 35-1940594 • 501(c)6 • Shipshewana, IN

Profile

The lagrange county convention and visitors bureau is a nonprofit organization entrusted with the mission of promoting lagrange county and surrounding areas as a destination for tourism, conventions, and related recreation to groups and individuals.

350 S Van Buren St Ste HShipshewana, IN 46565

www.visitshipshewana.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

15th percentile

0.00x

Higher debt load relative to revenue than 15% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

46th percentile

3.0%

Higher net margin than 46% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

38th percentile

$97,374

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

43rd percentile

3.2%

Faster asset growth than 43% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-6.9%

Faster revenue growth than 18% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,187,953

Up $36,659 (+3.2%) from 2023

Liabilities

Down

$1,807

Down $5,328 (-75%) from 2023

Net Assets

Up

$1,186,146

Up $41,987 (+3.7%) from 2023

Revenue

Down

$1,393,688

Down $102,851 (-6.9%) from 2023

Expenses

Up

$1,351,701

Up $256,867 (+23%) from 2023

Net Income

Down

$41,987

Down $359,718 (-90%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2018: $246,903Liabilities 2018: $4,402Net Assets 2018: $242,5012018Assets 2019: $340,284Liabilities 2019: $5,693Net Assets 2019: $334,5912019Assets 2020: $453,002Liabilities 2020: $5,486Net Assets 2020: $447,5162020Assets 2021: $643,908Liabilities 2021: $9,952Net Assets 2021: $633,9562021Assets 2022: $760,757Liabilities 2022: $18,303Net Assets 2022: $742,4542022Assets 2023: $1,151,294Liabilities 2023: $7,135Net Assets 2023: $1,144,1592023Assets 2024: $1,187,953Liabilities 2024: $1,807Net Assets 2024: $1,186,1462024

Highlighted filing

2024

Assets$1,187,953
Liabilities$1,807
Net Assets$1,186,146

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0Revenue 2018: $626,918Expenses 2018: $591,282Net Income 2018: $35,6362018Revenue 2019: $794,353Expenses 2019: $702,263Net Income 2019: $92,0902019Revenue 2020: $644,143Expenses 2020: $531,218Net Income 2020: $112,9252020Revenue 2021: $818,358Expenses 2021: $631,918Net Income 2021: $186,4402021Revenue 2022: $829,424Expenses 2022: $720,926Net Income 2022: $108,4982022Revenue 2023: $1,496,539Expenses 2023: $1,094,834Net Income 2023: $401,7052023Revenue 2024: $1,393,688Expenses 2024: $1,351,701Net Income 2024: $41,9872024

Highlighted filing

2024

Revenue$1,393,688
Expenses$1,351,701
Net Income$41,987

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 3, 2025
Return Version
2024v5.0
Gross Receipts
$1,393,688
Mission and Program Overview

Mission

The lagrange county convention and visitors bureau is a nonprofit organization entrusted with the mission of promoting lagrange county and surrounding areas as a destination for tourism, conventions, and related recreation to groups and individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$636,157$682,046▲ $45,889
Savings and Temporary Cash Investments$425,000$425,000→ $0
Land, Buildings, and Equipment, Net$90,137$80,907▼ $9,230
Total Assets$1,151,294$1,187,953▲ $36,659
Liabilities
Accounts Payable and Accrued Expenses$7,135$1,807▼ $5,328
Total Liabilities$7,135$1,807▼ $5,328
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,144,159$1,186,146▲ $41,987
Total Net Assets Fund Balance$1,144,159$1,186,146▲ $41,987
Total Liabilities and Net Assets / Fund Balance$1,151,294$1,187,953▲ $36,659

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$80,907$112,090$192,997
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sonya NashExecutive DiFT$94,538$2,836$97,374

Board Members and Trustees

NameTitle
Lora GatesPresident
Andy LinderDirector
Joel MillerDirector
Marilyn WingstromDirector
Zac StoltzfusDirector
Nate JonesTreasurer
Jay ChuppVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,185,000
Program Service Revenue
$149,568
Investment Income
$29,623
Other Revenue
$29,497
Change in Net Assets
$41,987

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,393,688
Total Revenue per Audited Statements
$1,393,688
Total Revenue per Form 990
$1,393,688
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$902,342
Salaries, Compensation, and Employee Benefits$392,762
Grants and Similar Amounts Paid$56,597
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$487,060
Other Salaries and Wages---$235,180
Current Officers, Directors, Trustees, and Key Employees---$97,374
Grants to Domestic Orgs---$56,597
Other Expenses---$36,516
Occupancy---$36,064
Pension Plan Contributions---$31,810
Payroll Taxes---$28,398
Depreciation Depletion---$22,639
Fees for Services Accounting---$22,555
All Other Expenses---$20,389
Office Expenses---$17,077
Insurance---$4,628
Travel---$2,705
Fees for Services Legal---$403
Total Functional Expenses$0$0$0$1,351,701

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,351,701
Total Expenses per Audited Statements$1,351,701
Total Expenses per Form 990$1,351,701
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Shipshewana Retail Merchant asShipshewana, IN501c6Project Funding$48,234
Town of TopekaTopeka, IN-Signage$8,363
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Page 6, Part VI, Line 11B

The executive director and board treasurer both review the form 990 and receive board approval prior to filing with the irs.

Form 990, Page 6, Part VI, Line 12C

During each board meeting, members with any conflicts that pertain to any specific agenda item are noted prior to the discussion beginning. They are then asked to either recuse themselves from the room and/or refrain from participating in the discussion. The remaining board members may request the member with a conflict to remain in the room to answer questions and the member may agree to do so.

Form 990, Page 6, Part VI, Line 15A

The board of directors performs an annual review of the executive director performance and compensation. The review is part of the annual budget process.

Form 990, Page 6, Part VI, Line 15B

No other officers receive compensation.

Form 990, Page 6, Part VI, Line 19

The 990 is available upon request.

Filing and Contact Details

Filer

Filer Name
Lagrange County Convention and
EIN
35-1940594
Phone
2607684008
Address
350 S VAN BUREN ST STE H, SHIPSHEWANA, IN 46565

Signing Officer

Name
Lora Gates
Title
President
Phone
2607684008
Signed
2025-06-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lora Gates
Formed
1994
Legal Domicile
In
Voting Board Members
7
Independent Board Members
7
Employees
9
Volunteers
7

Preparer

Firm
Baden Gage & Schroeder LLC
Address
6920 POINTE INVERNESS WAY 300, FORT WAYNE, IN 46804-7926
Preparer
Melissa J Wolf CPA
Phone
2604222551
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The lagrange county convention and visitors bureau is a nonprofit organization entrusted with the mission of promoting lagrange county and surrounding areas as a destination for tourism, conventions, and related recreation to groups and individuals.

Financial Statement Notes

Schedule D, Page 3, Part X

The accounting standard which provides guidance on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the bureau may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the bureau and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for the years ended december 31, 2024 and 2023. The bureau is generally no longer subject to examination by the internal revenue service for years prior to 2021.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACCOUNTING STANDARD WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE BUREAU MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE BUREAU AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. THE BUREAU IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS PRIOR TO 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt080907
IRS990ScheduleD/TotalExpensesPerForm990Amt01351701
IRS990ScheduleD/TotalRevenuePerForm990Amt01393688
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01393688
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01351701
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt048234
IRS990ScheduleI/RecipientTable/CashGrantAmt18363
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C6
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROJECT FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SIGNAGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SHIPSHEWANA RETAIL MERCHANT AS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1TOWN OF TOPEKA
IRS990ScheduleI/RecipientTable/RecipientEIN0351674487
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 637
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 127
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SHIPSHEWANA
IRS990ScheduleI/RecipientTable/USAddress/CityNm1TOPEKA
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd146571
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT APPLICATIONS ARE COMPLETED AND SUBMITTED TO THE EXECUTIVE DIRECTOR WHICH OUTLINE ALL CRITERIA, GUIDELINES, PROCEDURES,AND EXPECTATIONS OF THE GRANTEE. THE EXECUTIVE DIRECTOR FIRST REVIEWS ALL APPLICATIONS TO ENSURE THEY MEET THE GRANT CRITERIA DESCRIBED ON THE APPLICATION AND HAVE ADEQUATE SUPPORTING DOCUMENTATION TO BE ELIGIBLE FOR ASSISTANCE. THE EXECUTIVE DIRECTOR HAS PRE-APPROVAL BY THE BOARD TO APPROVE GRANT REQUESTS OF 10,000 OR LESS FROM THE DESTINATION DEVELOPMENT FUNDS. FOR GRANT REQUESTS GREATER THAN 10,000, THE REQUEST MUST BE REVIEWED AND APPROVED BY THE FULL BOARD.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/TotalOtherOrgCnt02
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE LAGRANGE COUNTY CONVENTION AND VISITORS BUREAU IS A NONPROFIT ORGANIZATION ENTRUSTED WITH THE MISSION OF PROMOTING LAGRANGE COUNTY AND SURROUNDING AREAS AS A DESTINATION FOR TOURISM, CONVENTIONS, AND RELATED RECREATION TO GROUPS AND INDIVIDUALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR AND BOARD TREASURER BOTH REVIEW THE FORM 990 AND RECEIVE BOARD APPROVAL PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DURING EACH BOARD MEETING, MEMBERS WITH ANY CONFLICTS THAT PERTAIN TO ANY SPECIFIC AGENDA ITEM ARE NOTED PRIOR TO THE DISCUSSION BEGINNING. THEY ARE THEN ASKED TO EITHER RECUSE THEMSELVES FROM THE ROOM AND/OR REFRAIN FROM PARTICIPATING IN THE DISCUSSION. THE REMAINING BOARD MEMBERS MAY REQUEST THE MEMBER WITH A CONFLICT TO REMAIN IN THE ROOM TO ANSWER QUESTIONS AND THE MEMBER MAY AGREE TO DO SO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS PERFORMS AN ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR PERFORMANCE AND COMPENSATION. THE REVIEW IS PART OF THE ANNUAL BUDGET PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO OTHER OFFICERS RECEIVE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 990 IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt01187953
IRS990/TotalAssetsGrp/BOYAmt01151294
IRS990/TotalAssetsGrp/EOYAmt01187953
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01185000
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01351701
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07135
IRS990/TotalLiabilitiesEOYAmt01807
IRS990/TotalLiabilitiesGrp/BOYAmt07135
IRS990/TotalLiabilitiesGrp/EOYAmt01807
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01144159
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01186146
IRS990/TotalOtherCompensationAmt02836
IRS990/TotalProgramServiceRevenueAmt0149568
IRS990/TotalReportableCompFromOrgAmt094538
IRS990/TotalRevenueGrp/ExclusionAmt029623
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0179065
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01393688
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01151294
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01187953
IRS990/TravelGrp/TotalAmt02705
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0350 S VAN BUREN ST STE H
IRS990/USAddress/CityNm0SHIPSHEWANA
IRS990/USAddress/StateAbbreviationCd0IN
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IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.VISITSHIPSHEWANA.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LORA GATES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02607684008
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAGRANGE COUNTY CONVENTION AND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0VISITORS BUREAU INC
ReturnHeader/Filer/BusinessNameControlTxt0LAGR
ReturnHeader/Filer/EIN0351940594
ReturnHeader/Filer/PhoneNum02607684008
ReturnHeader/Filer/USAddress/AddressLine1Txt0350 S VAN BUREN ST STE H
ReturnHeader/Filer/USAddress/CityNm0SHIPSHEWANA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046565
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351939627
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BADEN GAGE & SCHROEDER LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06920 POINTE INVERNESS WAY 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WAYNE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0468047926
ReturnHeader/PreparerPersonGrp/PhoneNum02604222551
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELISSA J WOLF CPA
ReturnHeader/ReturnTs02025-06-10T14:09:50-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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