Civic Intelligence

Greater St Charles Visitors &

990 • Fiscal year 2015 • EIN 36-3274679

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 03, 2016

311 N 2nd Street No 100St Charles, IL 60174

(630) 377-6161

Siviq Scores

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

Liabilities / Assets

30th percentile

0.07x

Higher debt load relative to assets than 30% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

20th percentile

0.02x

Higher debt load relative to revenue than 20% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Net Margin

44th percentile

2.1%

Higher net margin than 44% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

29th percentile

$81,024

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Asset Growth

67th percentile

7.9%

Faster asset growth than 67% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

41st percentile

1.3%

Faster revenue growth than 41% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$335,333

Up $24,684 (+7.9%) from 2014

Net Assets

Up

$312,659

Up $23,168 (+8.0%) from 2014

Liabilities

Up

$22,674

Up $1,516 (+7.2%) from 2014

Revenue

Up

$1,088,047

Up $14,232 (+1.3%) from 2014

Expenses

Up

$1,064,879

Up $17,235 (+1.6%) from 2014

Net Income

Down

$23,168

Down $3,003 (-11%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $314,163Liabilities 2012: $30,975Net Assets 2012: $283,1882012Assets 2013: $273,505Liabilities 2013: $10,185Net Assets 2013: $263,3202013Assets 2014: $310,649Liabilities 2014: $21,158Net Assets 2014: $289,4912014Assets 2015: $335,333Liabilities 2015: $22,674Net Assets 2015: $312,6592015Assets 2016: $337,895Liabilities 2016: $21,006Net Assets 2016: $316,8892016Assets 2017: $382,339Liabilities 2017: $18,761Net Assets 2017: $363,5782017Assets 2018: $266,567Liabilities 2018: $13,677Net Assets 2018: $252,8902018Assets 2019: $499,297Liabilities 2019: $20,341Net Assets 2019: $478,9562019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2015

Assets$335,333
Liabilities$22,674
Net Assets$312,659

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $1,005,1002012Expenses 2013: $1,000,9412013Revenue 2014: $1,073,815Expenses 2014: $1,047,644Net Income 2014: $26,1712014Revenue 2015: $1,088,047Expenses 2015: $1,064,879Net Income 2015: $23,1682015Revenue 2016: $972,136Expenses 2016: $967,906Net Income 2016: $4,2302016Revenue 2017: $1,069,008Expenses 2017: $1,022,319Net Income 2017: $46,6892017Revenue 2018: $992,898Expenses 2018: $1,103,586Net Income 2018: -$110,6882018Revenue 2019: $1,111,017Expenses 2019: $884,951Net Income 2019: $226,0662019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020

Highlighted filing

2015

Revenue$1,088,047
Expenses$1,064,879
Net Income$23,168
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 3, 2016
Return Version
2014v6.0
Gross Receipts
$1,088,047
Mission and Program Overview

Mission

To promote greater st. Charles (city of st. Charles, villages of campton hills and elburn, townships of campton and st. Charles) as a destination for leisure visits, meetings and conventions, motorcoach tours, and sporting events to enhance the economic impact to the area through increased hotel guest room consumption and visitor spending. The bureau is funded by several grants from the illinois office of tourism and a portion of the hotel tax collected by the city of st. Charles.

Promote and support tourism

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$177,254$210,979▲ $33,725
Prepaid Expenses and Deferred Charges$42,426$45,649▲ $3,223
Pledges and Grants Receivable$56,032$39,930▼ $16,102
Land, Buildings, and Equipment, Net$32,687$36,517▲ $3,830
Accounts Receivable$2,250$2,258▲ $8
Total Assets$310,649$335,333▲ $24,684
Liabilities
Accounts Payable and Accrued Expenses$17,458$20,174▲ $2,716
Deferred Revenue$3,700$2,500▼ $1,200
Total Liabilities$21,158$22,674▲ $1,516
Net Assets / Fund Balance
Unrestricted Net Assets$289,491$312,659▲ $23,168
Total Net Assets Fund Balance$289,491$312,659▲ $23,168
Total Liabilities and Net Assets / Fund Balance$310,649$335,333▲ $24,684

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$36,517$157,991$194,508
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Amelia EgolfExecutive DirectorFT$81,024$81,024

Board Members and Trustees

NameTitle
James O BreenPresident
Charlie ShirkDirector
David HuntDirector
Joe SalasDirector
Ron OnestiDirector
Tom DonahueDirector
Dan StellatoDirector Ex Officio, Non-v
Steve MartinSecretary
Lynn CaldwellVP/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$833,845
Program Service Revenue
$253,054
Investment Income
$736
Other Revenue
$412
Change in Net Assets
$23,168

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,088,047
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$12,840
Total Revenue per Audited Statements
$1,100,887
Total Revenue per Form 990
$1,088,047
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$639,207
Salaries, Compensation, and Employee Benefits$425,672
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$213,757$52,203-$265,960
Advertising$121,345--$121,345
Current Officers, Directors, Trustees, and Key Employees$67,392$16,458-$83,850
Fees for Services Management$62,211--$62,211
Office Expenses$52,923$7,991-$60,914
Occupancy$47,418$11,397-$58,815
Other Employee Benefits$26,094$11,183-$37,277
Payroll Taxes$25,783$6,446-$32,229
Conferences and Meetings$29,802--$29,802
Fees for Services Other$3,300$20,988-$24,288
Insurance$14,273$1,178-$15,451
Travel$14,860--$14,860
Depreciation Depletion$10,093$4,326-$14,419
Fees for Services Accounting-$11,566-$11,566
Other Expenses$11,561$1,464-$11,561
Information Technology$9,570--$9,570
Pension Plan Contributions$3,178$3,178-$6,356
Fees for Services Legal-$2,533-$2,533
Total Functional Expenses$913,968$150,911$0$1,064,879

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,077,719
Expenses per Audited Statements$1,064,879
Total Expenses per Form 990$1,064,879
Expenses Not Reported on Form 990$12,840
Expenses Not Reported on Financial Statements$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
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
Backup withholding compliance
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 B, Line 11

Minutes are taken at meetings of the board of directors. A preliminary copy of the form 990 is provided to the organization. The return is reviewed and approved prior to submission.

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

Each officer, director and bureau staff member shall annually sign a statement which affirms receipt and compliance with the policy.

Form 990, Part VI, Section B, Line 15

The board of directors approves compensation for employees.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request, with board approval.

Filing and Contact Details

Filer

Filer Name
Greater St Charles Visitors &
EIN
36-3274679
Phone
6303776161
Address
311 N 2ND STREET NO 100, ST CHARLES, IL 60174

Signing Officer

Name
James O Breen
Title
President
Phone
6303776161
Signed
2016-02-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James O Breen
Formed
1983
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
8
Volunteers
20

Preparer

Firm
Mueller & Co Llp
Address
1707 N RANDALL RD STE 200, ELGIN, IL 60123
Preparer
Robert J Coursey
Phone
8478888600
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The bureau is exempt from taxes under section 501(c)(6) of the internal revenue code. The bureau has evaluated its tax positions taken for all open tax years. Currently, the 2011, 2012, and 2013 fiscal year end tax returns are open and subject to examination by the internal revenue service and the illinois department of revenue. However, the bureau is not currently under audit nor has the bureau been contacted by any of these jurisdictions. Based on the evaluation of the bureau's tax positions, management believes all postitions taken would be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for the years ended june 30, 2015 and 2014.

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IRS990/PrincipalOfficerNm0JAMES O BREEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541800
IRS990/ProgramServiceRevenueGrp/BusinessCd1541800
IRS990/ProgramServiceRevenueGrp/Desc0SCARECROW FESTIVAL INC
IRS990/ProgramServiceRevenueGrp/Desc1VISITORS MAGAZINE INCO
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0242329
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110725
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0242329
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110725
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0821358
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0561
IRS990/PYOtherExpensesAmt0621329
IRS990/PYOtherRevenueAmt0555
IRS990/PYProgramServiceRevenueAmt0251341
IRS990/PYRevenuesLessExpensesAmt026171
IRS990/PYSalariesCompEmpBnftPaidAmt0426315
IRS990/PYTotalExpensesAmt01047644
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01073815
IRS990/ReconcilationRevenueExpnssAmt023168
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0253466
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0177254
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0210979
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt012840
IRS990ScheduleD/DonatedServicesUseFcltsAmt012840
IRS990ScheduleD/EquipmentGrp/BookValueAmt036517
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0157991
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0194508
IRS990ScheduleD/ExpensesNotReportedAmt012840
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01064879
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt012840
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01088047
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE BUREAU IS EXEMPT FROM TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE BUREAU HAS EVALUATED ITS TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. CURRENTLY, THE 2011, 2012, AND 2013 FISCAL YEAR END TAX RETURNS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE ILLINOIS DEPARTMENT OF REVENUE. HOWEVER, THE BUREAU IS NOT CURRENTLY UNDER AUDIT NOR HAS THE BUREAU BEEN CONTACTED BY ANY OF THESE JURISDICTIONS. BASED ON THE EVALUATION OF THE BUREAU'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSTITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEARS ENDED JUNE 30, 2015 AND 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt036517
IRS990ScheduleD/TotalExpensesPerForm990Amt01064879
IRS990ScheduleD/TotalRevenuePerForm990Amt01088047
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01100887
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01077719
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MINUTES ARE TAKEN AT MEETINGS OF THE BOARD OF DIRECTORS. A PRELIMINARY COPY OF THE FORM 990 IS PROVIDED TO THE ORGANIZATION. THE RETURN IS REVIEWED AND APPROVED PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH OFFICER, DIRECTOR AND BUREAU STAFF MEMBER SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS RECEIPT AND COMPLIANCE WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS APPROVES COMPENSATION FOR EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, WITH BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0310649
IRS990/TotalAssetsEOYAmt0335333
IRS990/TotalAssetsGrp/BOYAmt0310649
IRS990/TotalAssetsGrp/EOYAmt0335333
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0833845
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0150911
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0913968
IRS990/TotalFunctionalExpensesGrp/TotalAmt01064879
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt021158
IRS990/TotalLiabilitiesEOYAmt022674
IRS990/TotalLiabilitiesGrp/BOYAmt021158
IRS990/TotalLiabilitiesGrp/EOYAmt022674
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0289491
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0312659
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0913968
IRS990/TotalProgramServiceRevenueAmt0253054
IRS990/TotalReportableCompFromOrgAmt081024
IRS990/TotalRevenueGrp/ExclusionAmt0736
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0253466
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01088047
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0310649
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0335333
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt014860
IRS990/TravelGrp/TotalAmt014860
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0289491
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0312659
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0311 N 2ND STREET NO 100
IRS990/USAddress/CityNm0ST CHARLES
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060174
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.VISITSTCHARLES.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES O BREEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06303776161
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREATER ST CHARLES VISITORS &
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CONVENTION BUREAU INC
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0363274679
ReturnHeader/Filer/PhoneNum06303776161
ReturnHeader/Filer/USAddress/AddressLine1Txt0311 N 2ND STREET NO 100
ReturnHeader/Filer/USAddress/CityNm0ST CHARLES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060174
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362658780
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MUELLER & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01707 N RANDALL RD STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ELGIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060123
ReturnHeader/PreparerPersonGrp/PhoneNum08478888600

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