Civic Intelligence

Greater Lansing Convention and Visitors Bureau Inc

990 • Fiscal year 2022 • EIN 38-1653601

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 27, 2023

500 E Michigan Ave Ste 180Lansing, MI 48912

(517) 487-0077

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.24x

Higher debt load relative to assets than 53% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

56th percentile

0.38x

Higher debt load relative to revenue than 56% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2022

Net Margin

73rd percentile

14%

Higher net margin than 73% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

43rd percentile

$236,673

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2022

Asset Growth

86th percentile

30%

Faster asset growth than 86% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

39th percentile

2.7%

Faster revenue growth than 39% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Up

$9,387,515

Up $2,182,817 (+30%) from 2021

Net Assets

Up

$7,177,588

Up $624,670 (+9.5%) from 2021

Liabilities

Up

$2,209,927

Up $1,558,147 (+239%) from 2021

Revenue

Up

$5,862,903

Up $156,783 (+2.7%) from 2021

Expenses

Up

$5,029,741

Up $1,671,213 (+50%) from 2021

Net Income

Down

$833,162

Down $1,514,430 (-65%) from 2021

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 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

2022

Assets$9,387,515
Liabilities$2,209,927
Net Assets$7,177,588

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: $84,5442011Revenue 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

2022

Revenue$5,862,903
Expenses$5,029,741
Net Income$833,162
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 27, 2023
Return Version
2022v5.0
Gross Receipts
$5,862,903
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

To promote the region as a visitor destination to impact the area's economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,878,550$6,964,128▲ $1,085,578
Accounts Receivable$989,615$818,444▼ $171,171
Cash and Non-Interest-Bearing Accounts$172,458$133,419▼ $39,039
Land, Buildings, and Equipment, Net$112,341$132,087▲ $19,746
Prepaid Expenses and Deferred Charges$51,734$50,756▼ $978
Total Assets$7,204,698$9,387,515▲ $2,182,817
Other Assets Total$0$1,288,681▲ $1,288,681
Liabilities
Other Liabilities$0$1,163,714▲ $1,163,714
Accounts Payable and Accrued Expenses$439,656$840,093▲ $400,437
Deferred Revenue$212,124$206,120▼ $6,004
Total Liabilities$651,780$2,209,927▲ $1,558,147
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,380,481$7,177,588▲ $797,107
Net Assets With Donor Restrictions$172,437$0▼ $172,437
Total Net Assets Fund Balance$6,552,918$7,177,588▲ $624,670
Total Liabilities and Net Assets / Fund Balance$7,204,698$9,387,515▲ $2,182,817

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$130,078$554,951$685,029
Leasehold Improvements$2,009$345,529$347,538
Other Assets Org$1,288,681--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Julie a PingstonPresident & CEOFT$174,480$62,193$236,673
David BuckenbergerSenior VP of Business DeveFT$131,699$34,385$166,084

Board Members and Trustees

NameTitle
Cindy BowenChair
Eric SudolChair
Marcus KirkpatrickVice Chair
Derrell SlaughterDirector
Dorothy MaxwellDirector
Kenric HallDirector
Rebecca SeleskyDirector
Tracie KentDirector
Tyler ParsonsDirector
Kellie DeanSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,464,782
Program Service Revenue
$77,965
Investment Income
$64,819
Other Revenue
$255,337
Change in Net Assets
$833,162

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,862,903
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,862,903
Total Revenue per Form 990
$5,862,903
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,866,162
Salaries, Compensation, and Employee Benefits$2,051,579
Grants and Similar Amounts Paid$112,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$1,941,754
Other Salaries and Wages---$1,263,983
Current Officers, Directors, Trustees, and Key Employees---$402,756
Other Employee Benefits---$264,854
Occupancy---$256,999
Office Expenses---$161,641
Payroll Taxes---$119,986
Grants to Domestic Orgs---$112,000
Other Expenses---$55,500
Travel---$48,990
Fees for Services Legal---$47,708
Conferences and Meetings---$38,523
Fees for Services Other---$34,641
Depreciation Depletion---$33,155
Fees for Services Lobbying---$21,600
Insurance---$20,463
Fees for Services Accounting---$13,250
All Other Expenses---$-143,847
Total Functional Expenses$0$0$0$5,029,741

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,029,741
Total Expenses per Audited Statements$5,029,741
Total Expenses per Form 990$5,029,741
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Greater Lansing Destination Development FoundationLansing, MI501(c)(3)To Help Promote Greater Lansing$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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$21,600
Total Nondeductible Lobbying and Political Cost$21,600
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tyler ParsonsBoard MemberBusiness Conducted at Jackson Field for Entertainment of ClientsNo$10,718
Kristina ReitlerBoard MemberBusiness Conducted With Hotel Managed by Board Member.No$7,390
Eric SudolBoard MemberBusiness Conducted With Hotel Managed by Board Member.No$3,296
Tyler ParsonsBoard MemberBusiness Conducted at Jackson Field for Entertainment of ClientsNo$2,786
Cindy BowenBoard MemberBusiness Conducted With Hotel Managed by Board Member.No$1,784
Marcus KirkpatrickBoard MemberBusiness Conducted With Township for Event Hosting.No$1,155
Kenric HallBoard MemberFam/site VisitsNo$157
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Obligation$1,163,714
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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 6

The greater lansing convention & visitors bureau (glcvb) is a membership based organization, ending 2022 with 586 members.

Form 990, Part VI, Section A, Line 7A

The greater lansing convention & visitors bureau (glcvb) is a membership based organization, ending 2021 with 604 members. Recommendations for individuals to fill 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 board member positions.

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

The 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.

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

Board members are required to disclose any conflicts of interest annually.

Form 990, Part VI, Section B, Line 15

The greater lansing convention & visitors bureau is a member of destination international (di). Di conducts salary & benefit surveys every 2 years of convention & visitor bureaus across the country. Salaries are reviewed on an annual basis to ensure that they are properly aligned with this survey, as well as other non-profit organization surveys in michigan and the greater lansing area.

Form 990, Part VI, Section C, Line 19

The 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.

Filing and Contact Details

Filer

Filer Name
Greater Lansing Convention Visitors
EIN
38-1653601
Phone
5174870077
Address
500 E MICHIGAN AVE STE 180, LANSING, MI 48912

Signing Officer

Name
Julie Pingston
Title
President/CEO
Phone
5174870077
Signed
2023-09-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Pingston
Formed
1960
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
10
Employees
40
Volunteers
85

Preparer

Firm
Rehmann Robson LLC
Address
675 ROBINSON RD, JACKSON, MI 49203
Preparer
Laura E Coston CPA
Phone
5177876503
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer to michigan sports commission -208,492.

Form 990, Part XII, Line 2C

The process for selecting and overseeing the independent auditor has not changed from the prior year.

Form 990, Part XI, Line 9, Change in Net Assets

Michigan sports grant program started their own legally separate corporation, michigan sports commission, inc., from the bureau. The bureau has no ownership or control over michigan sports commission, inc. All donor restricted net assets associated with the michigan sports grant program were transferred over to the michigan sports commission, inc. In november 2022.

Financial Statement Notes

PART X, LINE 2:

The bureau is a not-for-profit organization exempt from income tax under section 501(c)(6) of the internal revenue code and is exempt from similar state and local taxes. Although the bureau was granted an income tax exemption by the internal revenue service, such exemption does not apply to "unrelated business taxable income". Such income, pursuant to the internal revenue code and related regulations, includes investment income such as interest received from sources other than directly from the membership. The bureau analyzes its income tax filing positions in the federal and state jurisdictions where it is required to file income tax returns, as well as all open tax years in these jurisdictions, to identify potential uncertain tax positions. The bureau treats interest and penalties attributable to income taxes, and reflects any charges for such, to the extent they arise, as a component of its administration expenses. The bureau has evaluated its income tax filing positions for years 2019 through 2022, the years which remain subject to examination by major tax jurisdiction as of december 31, 2022. The bureau concluded that there are no significant uncertain tax positions requiring recognition in the bureau's financial statements. 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 change in the next twelve months. The bureau does not have any amounts accrued for interest and penalties related to utb at december 31, 2022, and it is not aware of any claims for such amounts by federal or state income tax authorities.

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IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11SENIOR VP OF BUSINESS DEVE
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IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt05464782
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0112000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05862903
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/TotalAmt020463
IRS990/InvestmentIncomeGrp/ExclusionAmt064819
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt064819
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt026
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0900480
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0112341
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0132087
IRS990/LandBldgEquipCostOrOtherBssAmt01032567
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt028599
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt028599
IRS990/MissionDesc0THE MISSION OF THE GREATER LANSING CONVENTION AND VISITORS BUREAU IS TO POSITIVELY IMPACT OUR COMMUNITY'S QUALITY OF LIFE BY DEVELOPING THE REGION AS A VISITOR DESTINATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt06552918
IRS990/NetAssetsOrFundBalancesEOYAmt07177588
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06380481
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07177588
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0256999
IRS990/OfficeExpensesGrp/TotalAmt0161641
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt01288681
IRS990/OtherChangesInNetAssetsAmt0-208492
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0264854
IRS990/OtherExpensesGrp/Desc0MAINTENANCE
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2E-COMMERCE
IRS990/OtherExpensesGrp/Desc3BID FEES
IRS990/OtherExpensesGrp/TotalAmt0136494
IRS990/OtherExpensesGrp/TotalAmt1101255
IRS990/OtherExpensesGrp/TotalAmt298036
IRS990/OtherExpensesGrp/TotalAmt355500
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt01163714
IRS990/OtherRevenueMiscGrp/BusinessCd0711300
IRS990/OtherRevenueMiscGrp/BusinessCd1711300
IRS990/OtherRevenueMiscGrp/BusinessCd2711300
IRS990/OtherRevenueMiscGrp/Desc0US FIGURE SKATING EVEN
IRS990/OtherRevenueMiscGrp/Desc1MICHIGAN SPORTS REVENU
IRS990/OtherRevenueMiscGrp/Desc2NCAA CROSS COUNTRY EVE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0112897
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt186111
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt227730
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0112897
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt186111
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt227730
IRS990/OtherRevenueTotalAmt0255337
IRS990/OtherSalariesAndWagesGrp/TotalAmt01263983
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0119986
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt051734
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt050756
IRS990/PrincipalOfficerNm0JULIE PINGSTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt077965
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt077965
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05593844
IRS990/PYGrantsAndSimilarPaidAmt030000
IRS990/PYInvestmentIncomeAmt08933
IRS990/PYOtherExpensesAmt02015127
IRS990/PYOtherRevenueAmt066644
IRS990/PYProgramServiceRevenueAmt036699
IRS990/PYRevenuesLessExpensesAmt02347592
IRS990/PYSalariesCompEmpBnftPaidAmt01313401
IRS990/PYTotalExpensesAmt03358528
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05706120
IRS990/ReconcilationRevenueExpnssAmt0833162
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05878550
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06964128
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
IRS990ScheduleC/AggregateReportedDuesNtcAmt021600
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt077965
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt021600
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt021600
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0130078
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0554951
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0685029
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05029741
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02009
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0345529
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0347538
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01288681
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT OF USE ASSET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01163714
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE OBLIGATION
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05862903
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE BUREAU IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM SIMILAR STATE AND LOCAL TAXES. ALTHOUGH THE BUREAU WAS GRANTED AN INCOME TAX EXEMPTION BY THE INTERNAL REVENUE SERVICE, SUCH EXEMPTION DOES NOT APPLY TO "UNRELATED BUSINESS TAXABLE INCOME". SUCH INCOME, PURSUANT TO THE INTERNAL REVENUE CODE AND RELATED REGULATIONS, INCLUDES INVESTMENT INCOME SUCH AS INTEREST RECEIVED FROM SOURCES OTHER THAN DIRECTLY FROM THE MEMBERSHIP. THE BUREAU ANALYZES ITS INCOME TAX FILING POSITIONS IN THE FEDERAL AND STATE JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS, AS WELL AS ALL OPEN TAX YEARS IN THESE JURISDICTIONS, TO IDENTIFY POTENTIAL UNCERTAIN TAX POSITIONS. THE BUREAU TREATS INTEREST AND PENALTIES ATTRIBUTABLE TO INCOME TAXES, AND REFLECTS ANY CHARGES FOR SUCH, TO THE EXTENT THEY ARISE, AS A COMPONENT OF ITS ADMINISTRATION EXPENSES. THE BUREAU HAS EVALUATED ITS INCOME TAX FILING POSITIONS FOR YEARS 2019 THROUGH 2022, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTION AS OF DECEMBER 31, 2022. THE BUREAU CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE BUREAU'S FINANCIAL STATEMENTS. 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 CHANGE IN THE NEXT TWELVE MONTHS. THE BUREAU DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTB AT DECEMBER 31, 2022, AND IT IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0132087
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01288681
IRS990ScheduleD/TotalExpensesPerForm990Amt05029741
IRS990ScheduleD/TotalLiabilityAmt01163714
IRS990ScheduleD/TotalRevenuePerForm990Amt05862903
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05862903
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05029741
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt00
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt0112000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO HELP PROMOTE GREATER LANSING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GREATER LANSING DESTINATION DEVELOPMENT FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0202930623
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0500 E MICHIGAN AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LANSING
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048912
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS BY RECEIVING FINANCIAL AND PROGRAM REPORTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0174480
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1131699
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount020000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount14500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt014117
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt19534
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt020876
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt120351
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt07200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JULIE A PINGSTON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1DAVID BUCKENBERGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SENIOR VP OF BUSINESS DEVE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0236673
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1166084
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0ITEM D - NON-TAXABLE BENEFITS ARE COMPRISED OF HEALTH, DENTAL, VISION, LIFE AND DISABILITY INSURANCE PREMIUMS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0CINDY BOWEN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1ERIC SUDOL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2KRISTINA REITLER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm3MARCUS KIRKPATRICK
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm4TYLER PARSONS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm5TYLER PARSONS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm6KENRIC HALL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt3BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt4BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt5BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt6BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd20
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd30
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd40
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd50

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
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