Civic Intelligence

Elgin Area Convention and Visitors Bureau

990 • Fiscal year 2015 • EIN 36-3341790

Jul 01, 2014 to Jun 30, 2015 • Filed on Mar 11, 2016

60 South Grove Avenue - 1st FloorElgin, IL 60120

(847) 695-7540

Siviq Scores

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

Liabilities / Assets

97th percentile

1.07x

Higher debt load relative to assets than 97% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

84th percentile

0.19x

Higher debt load relative to revenue than 84% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

67th percentile

9.3%

Higher net margin than 67% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

89th percentile

$61,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

98th percentile

255%

Faster asset growth than 98% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

87th percentile

32%

Faster revenue growth than 87% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$84,352

Up $60,611 (+255%) from 2014

Net Assets

Up

-$6,244

Up $43,532 (+87%) from 2014

Liabilities

Up

$90,596

Up $17,079 (+23%) from 2014

Revenue

Up

$468,490

Up $113,503 (+32%) from 2014

Expenses

Down

$424,959

Down $7,879 (-1.8%) from 2014

Net Income

Up

$43,531

Up $121,382 (+156%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2010: $118,488Liabilities 2010: $5,096Net Assets 2010: $113,3922010Assets 2011: $96,904Liabilities 2011: $5,066Net Assets 2011: $91,8382011Assets 2012: $59,734Liabilities 2012: $5,586Net Assets 2012: $54,1482012Assets 2013: $100,212Liabilities 2013: $72,137Net Assets 2013: $28,0752013Assets 2014: $23,741Liabilities 2014: $73,517Net Assets 2014: -$49,7762014Assets 2015: $84,352Liabilities 2015: $90,596Net Assets 2015: -$6,2442015Assets 2016: $114,797Liabilities 2016: $96,856Net Assets 2016: $17,9412016Assets 2017: $140,126Liabilities 2017: $81,604Net Assets 2017: $58,5222017Assets 2018: $87,879Liabilities 2018: $44,967Net Assets 2018: $42,9122018Assets 2019: $108,606Liabilities 2019: $9,463Net Assets 2019: $99,1432019Assets 2020: $197,720Liabilities 2020: $8,167Net Assets 2020: $189,5532020Assets 2021: $364,746Liabilities 2021: $26,161Net Assets 2021: $338,5852021Assets 2022: $459,458Liabilities 2022: $19,020Net Assets 2022: $440,4382022Assets 2023: $539,383Liabilities 2023: $25,761Net Assets 2023: $513,6222023Assets 2024: $624,297Liabilities 2024: $18,769Net Assets 2024: $605,5282024Assets 2025: $681,917Liabilities 2025: $9,544Net Assets 2025: $672,3732025

Highlighted filing

2015

Assets$84,352
Liabilities$90,596
Net Assets-$6,244

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $355,728Expenses 2010: $452,365Net Income 2010: -$96,6372010Expenses 2011: $347,1062011Expenses 2012: $372,1222012Expenses 2013: $482,5522013Revenue 2014: $354,987Expenses 2014: $432,838Net Income 2014: -$77,8512014Revenue 2015: $468,490Expenses 2015: $424,959Net Income 2015: $43,5312015Revenue 2016: $406,907Expenses 2016: $386,887Net Income 2016: $20,0202016Revenue 2017: $448,597Expenses 2017: $406,025Net Income 2017: $42,5722017Revenue 2018: $436,769Expenses 2018: $510,019Net Income 2018: -$73,2502018Revenue 2019: $472,210Expenses 2019: $415,979Net Income 2019: $56,2312019Revenue 2020: $536,519Expenses 2020: $446,109Net Income 2020: $90,4102020Revenue 2021: $408,614Expenses 2021: $259,582Net Income 2021: $149,0322021Revenue 2022: $560,662Expenses 2022: $458,809Net Income 2022: $101,8532022Revenue 2023: $547,994Expenses 2023: $474,810Net Income 2023: $73,1842023Revenue 2024: $666,911Expenses 2024: $575,005Net Income 2024: $91,9062024Revenue 2025: $793,971Expenses 2025: $727,126Net Income 2025: $66,8452025

Highlighted filing

2015

Revenue$468,490
Expenses$424,959
Net Income$43,531
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Mar 11, 2016
Return Version
2014v6.0
Gross Receipts
$468,490
Mission and Program Overview

Mission

Promotion of local tourism in the elgin, illinois area.

Promotion of local tourism

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$20,033$44,718▲ $24,685
Cash and Non-Interest-Bearing Accounts$894$38,696▲ $37,802
Prepaid Expenses and Deferred Charges$1,250--
Land, Buildings, and Equipment, Net$1,564$938▼ $626
Total Assets$23,741$84,352▲ $60,611
Liabilities
Accounts Payable and Accrued Expenses$43,517$64,283▲ $20,766
Unsecured Notes Loans Payable$30,000$26,313▼ $3,687
Total Liabilities$73,517$90,596▲ $17,079
Net Assets / Fund Balance
Unrestricted Net Assets$-49,776$-6,244▲ $43,532
Total Net Assets Fund Balance$-49,776$-6,244▲ $43,532
Total Liabilities and Net Assets / Fund Balance$23,741$84,352▲ $60,611

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$938$41,012-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kimberly BlessPresident/CEOFT$61,000$61,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$206,751
Program Service Revenue
$261,739
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$43,531
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$265,596
Salaries, Compensation, and Employee Benefits$159,363
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$187,761--$187,761
Current Officers, Directors, Trustees, and Key Employees$116,160--$116,160
Other Employee Benefits$25,489--$25,489
Occupancy$18,236--$18,236
Payroll Taxes$17,714--$17,714
Travel$12,757--$12,757
Office Expenses$7,494--$7,494
Fees for Services Accounting$4,198--$4,198
Insurance$3,804--$3,804
Other Expenses$3,243--$3,243
Conferences and Meetings$3,238--$3,238
Interest$3,062--$3,062
Information Technology$931--$931
Depreciation Depletion$626--$626
Total Functional Expenses$424,959$0$0$424,959
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Elgin Area Convention and Visitors Bureau
EIN
36-3341790
Phone
8476957540
Address
60 SOUTH GROVE AVENUE - 1ST FLOOR, ELGIN, IL 60120

Signing Officer

Name
Kimberly Bless
Title
President & CEO
Phone
8476957540
Signed
2016-03-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kimberly Bless
Formed
1984
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
3
Volunteers
0

Preparer

Firm
Brown & Co Llp Cpas
Address
1700 S EASTWOOD DRIVE, WOODSTOCK, IL 60098
Preparer
Wayne L Brown
Phone
8153381200
Supplemental Narrative

Additional Explanations

Pt VI, Line 12C

The conflict of interest policy is reviewed annualy and with new directors

Pt VI, Line 11B

The form 990 is presented amd reviewed annually

Pt VI, Line 15A

The executive salary is determined by executive committee, supported by state data

Raw XML Appendix355 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALY AND WITH NEW DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PRESENTED AMD REVIEWED ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE SALARY IS DETERMINED BY EXECUTIVE COMMITTEE, SUPPORTED BY STATE DATA
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IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt023741
IRS990/TotalAssetsEOYAmt084352
IRS990/TotalAssetsGrp/BOYAmt023741
IRS990/TotalAssetsGrp/EOYAmt084352
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0206751
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0424959
IRS990/TotalFunctionalExpensesGrp/TotalAmt0424959
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt073517
IRS990/TotalLiabilitiesEOYAmt090596
IRS990/TotalLiabilitiesGrp/BOYAmt073517
IRS990/TotalLiabilitiesGrp/EOYAmt090596
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-49776
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-6244
IRS990/TotalProgramServiceExpensesAmt0424959
IRS990/TotalProgramServiceRevenueAmt0261739
IRS990/TotalReportableCompFromOrgAmt061000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0261739
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0468490
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt023741
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt084352
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt012757
IRS990/TravelGrp/TotalAmt012757
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-49776
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-6244
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt030000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt026313
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt077 RIVERSIDE DRIVE
IRS990/USAddress/CityNm0ELGIN
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060120
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.NORTHERNFOXRIVERVALLEY.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KIMBERLY BLESS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08476957540
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ELGIN AREA CONVENTION AND VISITORS BUREAU
ReturnHeader/Filer/BusinessNameControlTxt0ELGI
ReturnHeader/Filer/EIN0363341790
ReturnHeader/Filer/PhoneNum08476957540
ReturnHeader/Filer/USAddress/AddressLine1Txt060 SOUTH GROVE AVENUE - 1ST FLOOR
ReturnHeader/Filer/USAddress/CityNm0ELGIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060120
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BROWN & CO LLP CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01700 S EASTWOOD DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOODSTOCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060098
ReturnHeader/PreparerPersonGrp/PhoneNum08153381200
ReturnHeader/PreparerPersonGrp/PreparationDt02016-03-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WAYNE L BROWN
ReturnHeader/ReturnTs02016-03-28T17:20:51-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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.$6.82$0.10$6.72$7.94$7.27$0.67
2024Detailed filing. Detailed filing data is available for this year.$6.24$0.19$6.06$6.67$5.75$0.92
2023Detailed filing. Detailed filing data is available for this year.$5.39$0.26$5.14$5.48$4.75$0.73
2022Detailed filing. Detailed filing data is available for this year.$4.59$0.19$4.40$5.61$4.59$1.02
2021Detailed filing. Detailed filing data is available for this year.$3.65$0.26$3.39$4.09$2.60$1.49
2020Detailed filing. Detailed filing data is available for this year.$1.98$0.08$1.90$5.37$4.46$0.90
2019Detailed filing. Detailed filing data is available for this year.$1.09$0.09$0.99$4.72$4.16$0.56
2018Detailed filing. Detailed filing data is available for this year.$0.88$0.45$0.43$4.37$5.10$0.73
2017Detailed filing. Detailed filing data is available for this year.$1.40$0.82$0.59$4.49$4.06$0.43
2016Detailed filing. Detailed filing data is available for this year.$1.15$0.97$0.18$4.07$3.87$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.84$0.91$0.06$4.68$4.25$0.44
2014Detailed filing. Detailed filing data is available for this year.$0.24$0.74$0.50$3.55$4.33$0.78
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.72$0.28$4.83
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.06$0.54$3.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.05$0.92$3.47
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.05$1.13$3.56$4.52$0.97