Civic Intelligence

Greater Lansing Convention and Visitors Bureau Inc

990 • Fiscal year 2012 • EIN 38-1653601

Jan 01, 2012 to Dec 31, 2012 • Filed on May 14, 2013

500 E Michigan Avenue No 18048912
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$3,360,967

Flat from 2012

Net Assets

Flat

$2,790,103

Flat from 2012

Liabilities

Flat

$570,864

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$3,915,044

Flat from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $3,047,923Liabilities 2010: $594,048Net Assets 2010: $2,453,8752010Assets 2011: $3,126,405Liabilities 2011: $587,986Net Assets 2011: $2,538,4192011Assets 2012: $3,360,967Liabilities 2012: $570,864Net Assets 2012: $2,790,1032012Assets 2012: $3,360,967Liabilities 2012: $570,864Net Assets 2012: $2,790,1032012Assets 2013: $3,597,821Liabilities 2013: $640,436Net Assets 2013: $2,957,3852013Assets 2014: $3,690,420Liabilities 2014: $628,406Net Assets 2014: $3,062,0142014Assets 2015: $4,171,314Liabilities 2015: $725,971Net Assets 2015: $3,445,3432015Assets 2016: $4,344,742Liabilities 2016: $627,092Net Assets 2016: $3,717,6502016Assets 2017: $4,565,948Liabilities 2017: $660,908Net Assets 2017: $3,905,0402017Assets 2018: $4,564,250Liabilities 2018: $720,947Net Assets 2018: $3,843,3032018Assets 2019: $4,625,035Liabilities 2019: $799,880Net Assets 2019: $3,825,1552019Assets 2020: $4,599,750Liabilities 2020: $394,424Net Assets 2020: $4,205,3262020Assets 2021: $7,204,698Liabilities 2021: $651,780Net Assets 2021: $6,552,9182021Assets 2022: $9,387,515Liabilities 2022: $2,209,927Net Assets 2022: $7,177,5882022Assets 2023: $9,364,682Liabilities 2023: $1,976,233Net Assets 2023: $7,388,4492023Assets 2024: $9,151,091Liabilities 2024: $1,877,903Net Assets 2024: $7,273,1882024

Highlighted filing

2012

Assets$3,360,967
Liabilities$570,864
Net Assets$2,790,103

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,336,1172010Revenue 2011: $3,901,601Expenses 2011: $3,817,057Net Income 2011: $84,5442011Expenses 2012: $3,915,0442012Revenue 2012: $4,166,728Expenses 2012: $3,915,044Net Income 2012: $251,6842012Revenue 2013: $4,660,824Expenses 2013: $4,493,542Net Income 2013: $167,2822013Revenue 2014: $4,930,798Expenses 2014: $4,826,169Net Income 2014: $104,6292014Revenue 2015: $5,259,514Expenses 2015: $4,876,185Net Income 2015: $383,3292015Revenue 2016: $5,882,122Expenses 2016: $5,609,815Net Income 2016: $272,3072016Revenue 2017: $6,004,794Expenses 2017: $5,817,404Net Income 2017: $187,3902017Revenue 2018: $6,055,318Expenses 2018: $6,089,388Net Income 2018: -$34,0702018Revenue 2019: $6,004,272Expenses 2019: $6,022,420Net Income 2019: -$18,1482019Revenue 2020: $3,030,740Expenses 2020: $2,650,569Net Income 2020: $380,1712020Revenue 2021: $5,706,120Expenses 2021: $3,358,528Net Income 2021: $2,347,5922021Revenue 2022: $5,862,903Expenses 2022: $5,029,741Net Income 2022: $833,1622022Revenue 2023: $6,700,594Expenses 2023: $6,489,733Net Income 2023: $210,8612023Revenue 2024: $7,291,487Expenses 2024: $7,406,748Net Income 2024: -$115,2612024

Highlighted filing

2012

Revenue-
Expenses$3,915,044
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
May 14, 2013
Return Version
2012v2.1
Gross Receipts
$4,198,147
Mission and Program Overview

Mission

The mission of the greater lansing convention and visitors bureau is to positively impact the area's economy by marketing the region as a travel destination

Filing and Contact Details

Filer

EIN
38-1653601
Raw XML AppendixShowing 400 of 503 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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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE BUREAU HAS ANALYZED ITS FILING POSITIONS IN JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS, AS WELL AS ALL OPEN TAX YEARS IN THESE JURISDICTIONS. THE EVALUATION WAS PERFORMED FOR THE TAX YEARS 2009 THROUGH 2012, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTION AS OF DECEMBER 31, 2012. THE BUREAU CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE BUREAU'S FINANCIAL STATEMENTS. THE BUREAU HAS ALSO ELECTED TO RETAIN ITS EXISTING ACCOUNTING POLICY WITH RESPECT TO THE TREATMENT OF INTEREST AND PENALTIES ATTRIBUTABLE TO INCOME TAXES, AND CONTINUES TO REFLECT ANY CHARGES FOR SUCH, TO THE EXTENT THEY ARISE, AS A COMPONENT OF ITS MANAGEMENT AND GENERAL EXPENSES. THE BUREAU DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS ("UTB") (E.G., TAX DEDUCTIONS, EXCLUSIONS, OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY INCREASE IN THE NEXT TWELVE MONTHS. THE BUREAU DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTB'S AT DECEMBER 31, 2012, AND IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES.
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IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0WALTER L HLADKI
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IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg018852
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/Title0PRESIDENT & CEO (RETIRED 11/12)
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0199031
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleJ/WrittenEmploymentContract0X
IRS990ScheduleO/GeneralExplanation/Explanation0THE GREATER LANSING CONVENTION & VISITORS BUREAU (GLCVB) IS A MEMBERSHIP BASED ORGANIZATION, ENDING 2012 WITH 456 MEMBERS.
IRS990ScheduleO/GeneralExplanation/Explanation1THE GREATER LANSING CONVENTION & VISITORS BUREAU (GLCVB) IS A MEMBERSHIP BASED ORGANIZATION, ENDING 2012 WITH 456 MEMBERS. RECOMMENDATIONS FOR INDIVIDUALS TO FULL OPEN BOARD POSITIONS ARE REVIEWED BY THE NOMINATING COMMITTEE OF THE BOARD. A BALLOT IS THEN PUT FORTH ANNUALLY TO THE MEMBERSHIP FOR ELECTION OF OUR BOARD MEMBER POSITIONS.
IRS990ScheduleO/GeneralExplanation/Explanation2THE FINANCE COMMITTEE REVIEWS ALL FINANCIAL ACTIVITY OF THE BUREAU INCLUDING ANNUAL AUDIT, POLICIES, ETC, AND MAKES RECOMMENDATIONS TO THE FULL BOARD. THE FORM 990 WAS REVIEWED BY THE FINANCE COMMITTEE. THE FORM 990 WAS PROVIDED TO ALL BOARD MEMBERS BEFORE FILING WITH THE IRS.
IRS990ScheduleO/GeneralExplanation/Explanation3BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST ANNUALLY.
IRS990ScheduleO/GeneralExplanation/Explanation4THE GREATER LANSING CONVENTION & VISITORS BUREAU IS A MEMBER OF DESTINATION MARKETING ASSOCIATION INTERNATIONAL (DMAI). DMAI CONDUCTS SALARY & BENEFIT SURVEYS EVERY 2 YEARS OF CONVENTION & VISITOR BUREAUS ACROSS THE COUNTRY. WE REVIEW OUR SALARIES ON AN ANNUAL BASIS TO ENSURE THAT OUR SALARIES ARE PROPERLY ALIGNED WITH THIS SURVEY, AS WELL AS OTHER NON-PROFIT ORGANIZATION SURVEYS IN MICHIGAN AND THE GREATER LANSING AREA.
IRS990ScheduleO/GeneralExplanation/Explanation5THE GREATER LANSING CONVENTION & VISITORS BUREAU MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE OFFICE OF THE GLCVB.
IRS990ScheduleO/GeneralExplanation/Explanation6THE PROCESS FOR SELECTING AND OVERSEEING THE INDEPENDENT AUDITOR HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PART XII, LINE 2C
IRS990/ScheduleORequired01
IRS990ScheduleR/DividendsRelatedOrganization00
IRS990ScheduleR/ExchangeOfAssets00
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine10500 E MICHIGAN AVE
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City0LANSING
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0MI
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode048912
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg01
IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityName/BusinessNameLine10GREATER LANSING CONVENTION VISITORS BUREAU
IRS990ScheduleR/Form990ScheduleRPartII/EIN0202930623
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection0501(C) 3
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState0MI
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine10GREATER LANSING DESTINATION DEVELOPMENT FOUNDATION
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities0TO PROMOTE THE DESTINATION DEVELOPMENT OF LANSING
IRS990ScheduleR/Form990ScheduleRPartII/PublicCharityStatus0PF
IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg00
IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg01
IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrg00
IRS990ScheduleR/OtherTransferFromOtherOrg00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.15$1.88$7.27$7.29$7.41$0.12
2023Detailed filing. Detailed filing data is available for this year.$9.36$1.98$7.39$6.70$6.49$0.21
2022Detailed filing. Detailed filing data is available for this year.$9.39$2.21$7.18$5.86$5.03$0.83
2021Detailed filing. Detailed filing data is available for this year.$7.20$0.65$6.55$5.71$3.36$2.35
2020Detailed filing. Detailed filing data is available for this year.$4.60$0.39$4.21$3.03$2.65$0.38
2019Detailed filing. Detailed filing data is available for this year.$4.63$0.80$3.83$6.00$6.02$0.02
2018Detailed filing. Detailed filing data is available for this year.$4.56$0.72$3.84$6.06$6.09$0.03
2017Detailed filing. Detailed filing data is available for this year.$4.57$0.66$3.91$6.00$5.82$0.19
2016Detailed filing. Detailed filing data is available for this year.$4.34$0.63$3.72$5.88$5.61$0.27
2015Detailed filing. Detailed filing data is available for this year.$4.17$0.73$3.45$5.26$4.88$0.38
2014Detailed filing. Detailed filing data is available for this year.$3.69$0.63$3.06$4.93$4.83$0.10
2013Detailed filing. Detailed filing data is available for this year.$3.60$0.64$2.96$4.66$4.49$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$0.57$2.79$3.92
2012Summary only. Only limited summary data is available for this year.$3.36$0.57$2.79$4.17$3.92$0.25
2011Summary only. Only limited summary data is available for this year.$3.13$0.59$2.54$3.90$3.82$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.05$0.59$2.45$3.34