Civic Intelligence

South Haven Van Buren County Convention & Visitors Bureau

990 • Fiscal year 2013 • EIN 38-2815513

Jan 01, 2013 to Dec 31, 2013 • Filed on May 14, 2014

546 Phoenix StreetSouth Haven, MI 49090

(269) 637-5252

Siviq Scores

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

Liabilities / Assets

28th percentile

0.01x

Higher debt load relative to assets than 28% of similar nonprofits.

2013 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

30th percentile

0.01x

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

2013 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2013

Net Margin

97th percentile

43%

Higher net margin than 97% of similar nonprofits.

2013 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

53rd percentile

$74,670

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 13.9% of source-year revenue.

2013 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2013

Asset Growth

94th percentile

54%

Faster asset growth than 94% of similar nonprofits.

2013 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$652,401

Up $229,361 (+54%) from 2012

Net Assets

Up

$645,597

Up $230,788 (+56%) from 2012

Liabilities

Down

$6,804

Down $1,427 (-17%) from 2012

Revenue

$538,301

No earlier filing loaded for comparison.

Expenses

Up

$307,513

Up $22,861 (+8.0%) from 2012

Net Income

$230,788

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.

$3.0M$2.0M$1.0M$0Assets 2010: $346,935Liabilities 2010: $12,811Net Assets 2010: $334,1242010Assets 2011: $387,806Liabilities 2011: $13,370Net Assets 2011: $374,4362011Assets 2012: $423,040Liabilities 2012: $8,231Net Assets 2012: $414,8092012Assets 2013: $652,401Liabilities 2013: $6,804Net Assets 2013: $645,5972013Assets 2014: $1,047,000Liabilities 2014: $15,366Net Assets 2014: $1,031,6342014Assets 2015: $1,337,280Liabilities 2015: $13,188Net Assets 2015: $1,324,0922015Assets 2016: $1,169,038Liabilities 2016: $13,319Net Assets 2016: $1,155,7192016Assets 2017: $1,043,518Liabilities 2017: $19,472Net Assets 2017: $1,024,0462017Assets 2018: $1,088,989Liabilities 2018: $13,711Net Assets 2018: $1,075,2782018Assets 2019: $1,106,478Liabilities 2019: $14,057Net Assets 2019: $1,092,4212019Assets 2020: $1,335,588Liabilities 2020: $9,542Net Assets 2020: $1,326,0462020Assets 2021: $1,747,838Liabilities 2021: $13,387Net Assets 2021: $1,734,4512021Assets 2022: $2,073,081Liabilities 2022: $22,310Net Assets 2022: $2,050,7712022Assets 2023: $2,240,948Liabilities 2023: $23,574Net Assets 2023: $2,217,3742023Assets 2024: $2,426,396Liabilities 2024: $124,079Net Assets 2024: $2,302,3172024

Highlighted filing

2013

Assets$652,401
Liabilities$6,804
Net Assets$645,597

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $245,7712010Expenses 2011: $241,3192011Expenses 2012: $284,6522012Revenue 2013: $538,301Expenses 2013: $307,513Net Income 2013: $230,7882013Revenue 2014: $817,172Expenses 2014: $431,135Net Income 2014: $386,0372014Revenue 2015: $850,806Expenses 2015: $558,348Net Income 2015: $292,4582015Revenue 2016: $948,510Expenses 2016: $1,116,883Net Income 2016: -$168,3732016Revenue 2017: $981,977Expenses 2017: $1,113,650Net Income 2017: -$131,6732017Revenue 2018: $1,057,748Expenses 2018: $1,006,516Net Income 2018: $51,2322018Revenue 2019: $1,013,842Expenses 2019: $996,699Net Income 2019: $17,1432019Revenue 2020: $945,247Expenses 2020: $711,622Net Income 2020: $233,6252020Revenue 2021: $1,388,580Expenses 2021: $980,175Net Income 2021: $408,4052021Revenue 2022: $1,443,661Expenses 2022: $1,127,341Net Income 2022: $316,3202022Revenue 2023: $1,547,400Expenses 2023: $1,380,797Net Income 2023: $166,6032023Revenue 2024: $1,928,072Expenses 2024: $1,838,861Net Income 2024: $89,2112024

Highlighted filing

2013

Revenue$538,301
Expenses$307,513
Net Income$230,788
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 14, 2014
Return Version
2013v3.1
Gross Receipts
$538,301
Mission and Program Overview

Mission

Convention & tourism promotion

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$103,448$314,017▲ $210,569
Land, Buildings, and Equipment, Net$218,911$218,588▼ $323
Accounts Receivable$39,221$71,461▲ $32,240
Savings and Temporary Cash Investments$45,000$45,135▲ $135
Prepaid Expenses and Deferred Charges$12,548$2,218▼ $10,330
Total Assets$423,040$652,401▲ $229,361
Other Assets Total$3,912$982▼ $2,930
Liabilities
Accounts Payable and Accrued Expenses$8,231$6,804▼ $1,427
Total Liabilities$8,231$6,804▼ $1,427
Net Assets / Fund Balance
Unrestricted Net Assets$414,809$645,597▲ $230,788
Total Net Assets Fund Balance$414,809$645,597▲ $230,788
Total Liabilities and Net Assets / Fund Balance$423,040$652,401▲ $229,361

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$167,300$57,335$224,635
Land$50,000-$50,000
Equipment$1,288$20,381$21,669
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lisa ShanleyDirectorFT$74,670$74,670

Board Members and Trustees

NameTitle
Sally NewtonPresident
Duane ZuberVice President
David BraganiniBoard Member
John MarpleBoard Member
Lou AdamsonBoard Member
Melinda RemerBoard Member
Deb DavidsonGovernmental Rep-non Voting
Becky KarkMedia Advisor-non Voting
Sandi CagleSecretary
David ZeffTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$529,018
Investment Income
$391
Other Revenue
$8,892
Change in Net Assets
$230,788

Audited Revenue Reconciliation

Revenue per Audited Statements
$538,301
Total Revenue per Audited Statements
$538,301
Total Revenue per Form 990
$538,301
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$172,373
Salaries, Compensation, and Employee Benefits$135,140
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$44,802$29,868$0$74,670
All Other Expenses$33,863$14,973-$48,836
Other Salaries and Wages$46,476$0$0$46,476
Payroll Taxes$7,654$2,551$0$10,205
Depreciation Depletion$6,865$2,288$0$9,153
Conferences and Meetings$3,444$1,148$0$4,592
Other Expenses$3,317$1,105$0$4,422
Occupancy$3,132$1,044$0$4,176
Other Employee Benefits$2,842$947$0$3,789
Insurance$1,531$1,760$0$3,291
Total Functional Expenses$251,720$55,793$0$307,513

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$307,513
Total Expenses per Audited Statements$307,513
Total Expenses per Form 990$307,513
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
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
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

EIN
38-2815513
Phone
2696375252

Signing Officer

Name
Lou Adamson
Title
President
Phone
2696375252
Signed
2014-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Shanley
Formed
1987
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
8
Employees
5
Volunteers
0

Preparer

Preparer
Jana L Tibbitts
Phone
2696732222
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Board reviews before filing

Pt VI, Line 12C

Board monitors compliance with policy

Pt VI, Line 15A

Compensation for these positions is determined

Pt VI, Line 15B

By the board of directors

Form 990EZ, Part I, Line 8

Other revenue annual dinner lease-utility reimbursement deliquent fees & interest

Form 990EZ, Part I, Line 16

Conference and travel marketing paw paw marketing insurance office expense memberships/subscriptions telephone annual dinner board expenses miscellaneous amortization of website property taxes utilities interest expense building expense fam tour

Form 990EZ, Part II, Line 24

Accounts receivable prepaid expenses website development costs other receivables

Form 990, Part IX, Line 24F

Property taxes 8259. 6194. 2065. Board expenses 2226. 2226. Professional fees 8060. 8060. Paw paw marketing program 13513. 13513. Miscellaneous 1606. 1204. 402. Education 607. 455. 152. Fam tour 1269. 1269. Telephone 4056. 3042. 1014. Annual dinner 5024. 5024. Building expense 4216. 3162. 1054.

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IRS990/PayrollTaxesGrp/ProgramServicesAmt07654
IRS990/PayrollTaxesGrp/TotalAmt010205
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012548
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02218
IRS990/PrincipalOfficerNm0LISA SHANLEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/Desc0ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0529018
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0141
IRS990/PYOtherExpensesAmt0164406
IRS990/PYOtherRevenueAmt010095
IRS990/PYProgramServiceRevenueAmt0314789
IRS990/PYRevenuesLessExpensesAmt040373
IRS990/PYSalariesCompEmpBnftPaidAmt0120246
IRS990/PYTotalExpensesAmt0284652
IRS990/PYTotalRevenueAmt0325025
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0230788
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt045000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt045135
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/DuesAssessmentsAmt0529018
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0167300
IRS990ScheduleD/BuildingsGrp/DepreciationAmt057335
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0224635
IRS990ScheduleD/EquipmentGrp/BookValueAmt01288
IRS990ScheduleD/EquipmentGrp/DepreciationAmt020381
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt021669
IRS990ScheduleD/ExpensesSubtotalAmt0307513
IRS990ScheduleD/LandGrp/BookValueAmt050000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050000
IRS990ScheduleD/RevenueSubtotalAmt0538301
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0218588
IRS990ScheduleD/TotalExpensesPerForm990Amt0307513
IRS990ScheduleD/TotalRevenuePerForm990Amt0538301
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0538301
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0307513
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD REVIEWS BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MONITORS COMPLIANCE WITH POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR THESE POSITIONS IS DETERMINED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER REVENUE ANNUAL DINNER LEASE-UTILITY REIMBURSEMENT DELIQUENT FEES & INTEREST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONFERENCE AND TRAVEL MARKETING PAW PAW MARKETING INSURANCE OFFICE EXPENSE MEMBERSHIPS/SUBSCRIPTIONS TELEPHONE ANNUAL DINNER BOARD EXPENSES MISCELLANEOUS AMORTIZATION OF WEBSITE PROPERTY TAXES UTILITIES INTEREST EXPENSE BUILDING EXPENSE FAM TOUR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ACCOUNTS RECEIVABLE PREPAID EXPENSES WEBSITE DEVELOPMENT COSTS OTHER RECEIVABLES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PROPERTY TAXES 8259. 6194. 2065. BOARD EXPENSES 2226. 2226. PROFESSIONAL FEES 8060. 8060. PAW PAW MARKETING PROGRAM 13513. 13513. MISCELLANEOUS 1606. 1204. 402. EDUCATION 607. 455. 152. FAM TOUR 1269. 1269. TELEPHONE 4056. 3042. 1014. ANNUAL DINNER 5024. 5024. BUILDING EXPENSE 4216. 3162. 1054.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0423040
IRS990/TotalAssetsEOYAmt0652401
IRS990/TotalAssetsGrp/BOYAmt0423040
IRS990/TotalAssetsGrp/EOYAmt0652401
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt055793
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0251720
IRS990/TotalFunctionalExpensesGrp/TotalAmt0307513
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08231
IRS990/TotalLiabilitiesEOYAmt06804
IRS990/TotalLiabilitiesGrp/BOYAmt08231
IRS990/TotalLiabilitiesGrp/EOYAmt06804
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0414809
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0645597
IRS990/TotalProgramServiceExpensesAmt0251720
IRS990/TotalProgramServiceRevenueAmt0529018
IRS990/TotalReportableCompFromOrgAmt074670
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0538301
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0538301
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0423040
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0652401
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0414809
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0645597
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10546 PHOENIX STREET
IRS990/USAddress/City0SOUTH HAVEN
IRS990/USAddress/State0MI
IRS990/USAddress/ZIPCode049090
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LOU ADAMSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02696375252
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10SOUTH HAVENVANBUREN COUNTY CVB
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0382815513
ReturnHeader/Filer/PhoneNum02696375252
ReturnHeader/Filer/USAddress/AddressLine10546 PHOENIX STREET
ReturnHeader/Filer/USAddress/City0SOUTH HAVEN
ReturnHeader/Filer/USAddress/State0MI
ReturnHeader/Filer/USAddress/ZIPCode049090
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10TIBBITTS & ASSOCIATES PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10233 HUBBARD STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0ALLEGAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode049010
ReturnHeader/PreparerPersonGrp/PhoneNum02696732222
ReturnHeader/PreparerPersonGrp/PreparationDt02014-06-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JANA L TIBBITTS

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.43$0.12$2.30$1.93$1.84$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.24$0.02$2.22$1.55$1.38$0.17
2022Detailed filing. Detailed filing data is available for this year.$2.07$0.02$2.05$1.44$1.13$0.32
2021Detailed filing. Detailed filing data is available for this year.$1.75$0.01$1.73$1.39$0.98$0.41
2020Detailed filing. Detailed filing data is available for this year.$1.34$0.01$1.33$0.95$0.71$0.23
2019Detailed filing. Detailed filing data is available for this year.$1.11$0.01$1.09$1.01$1.00$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.09$0.01$1.08$1.06$1.01$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.04$0.02$1.02$0.98$1.11$0.13
2016Detailed filing. Detailed filing data is available for this year.$1.17$0.01$1.16$0.95$1.12$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.34$0.01$1.32$0.85$0.56$0.29
2014Detailed filing. Detailed filing data is available for this year.$1.05$0.02$1.03$0.82$0.43$0.39
2013Detailed filing. Detailed filing data is available for this year.$0.65$0.01$0.65$0.54$0.31$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.01$0.41$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.01$0.37$0.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.01$0.33$0.25