Civic Intelligence

South Haven Van Buren County Convention & Visitors Bureau

990 • Fiscal year 2014 • EIN 38-2815513

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 03, 2015

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

19th percentile

0.01x

Higher debt load relative to assets than 19% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

18th percentile

0.02x

Higher debt load relative to revenue than 18% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Net Margin

98th percentile

47%

Higher net margin than 98% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

28th percentile

$78,308

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Asset Growth

96th percentile

60%

Faster asset growth than 96% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

95th percentile

52%

Faster revenue growth than 95% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,047,000

Up $394,599 (+60%) from 2013

Net Assets

Up

$1,031,634

Up $386,037 (+60%) from 2013

Liabilities

Up

$15,366

Up $8,562 (+126%) from 2013

Revenue

Up

$817,172

Up $278,871 (+52%) from 2013

Expenses

Up

$431,135

Up $123,622 (+40%) from 2013

Net Income

Up

$386,037

Up $155,249 (+67%) from 2013

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

2014

Assets$1,047,000
Liabilities$15,366
Net Assets$1,031,634

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

2014

Revenue$817,172
Expenses$431,135
Net Income$386,037
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 3, 2015
Return Version
2014v5.0
Gross Receipts
$817,172
Mission and Program Overview

Mission

Convention & tourism promotion

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$314,017$707,116▲ $393,099
Land, Buildings, and Equipment, Net$218,588$212,953▼ $5,635
Accounts Receivable$71,461$79,445▲ $7,984
Savings and Temporary Cash Investments$45,135$45,219▲ $84
Prepaid Expenses and Deferred Charges$2,218$2,267▲ $49
Total Assets$652,401$1,047,000▲ $394,599
Other Assets Total$982--
Liabilities
Accounts Payable and Accrued Expenses$6,804$15,366▲ $8,562
Total Liabilities$6,804$15,366▲ $8,562
Net Assets / Fund Balance
Unrestricted Net Assets$645,597$1,031,634▲ $386,037
Total Net Assets Fund Balance$645,597$1,031,634▲ $386,037
Total Liabilities and Net Assets / Fund Balance$652,401$1,047,000▲ $394,599

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$161,423$63,212$224,635
Land$50,000-$50,000
Equipment$1,530$20,940$22,470
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lisa ShanleyDirectorFT$78,308$78,308

Board Members and Trustees

NameTitle
Lou AdamsonPresident
Melinda RemerVice President
David BraganiniBoard Member
Duane ZuberBoard Member
Susan WojcikBoard Member
Deb DavidsonGovernmental Rep-non Voting
Becky KarkMedia Advisor-non Voting
Stephanie TimmerSecretary
John MarpleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$815,059
Investment Income
$498
Other Revenue
$1,615
Change in Net Assets
$386,037

Audited Revenue Reconciliation

Revenue per Audited Statements
$817,172
Total Revenue per Audited Statements
$817,172
Total Revenue per Form 990
$817,172
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$283,575
Salaries, Compensation, and Employee Benefits$147,560
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$47,194$31,462$0$78,656
Other Salaries and Wages$55,142$0$0$55,142
All Other Expenses$32,607$20,803$0$53,410
Payroll Taxes$8,198$2,518$0$10,716
Depreciation Depletion$5,905$1,513$0$7,418
Conferences and Meetings$3,722$1,144$0$4,866
Other Expenses$3,439$1,056$0$4,495
Occupancy$3,412$1,048$0$4,460
Insurance$1,608$1,744$0$3,352
Other Employee Benefits$2,330$716$0$3,046
Total Functional Expenses$368,882$62,253$0$431,135

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$431,135
Total Expenses per Audited Statements$431,135
Total Expenses per Form 990$431,135
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

Filer Name
South Havenvanburen County Cvb
EIN
38-2815513
Phone
2696375252
Address
546 PHOENIX STREET, SOUTH HAVEN, MI 49090

Signing Officer

Name
Lou Adamson
Title
President
Phone
2696375252
Signed
2015-06-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Shanley
Formed
1987
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
7
Volunteers
0

Preparer

Firm
Tibbitts & Associates Plc
Address
233 HUBBARD STREET, ALLEGAN, MI 49010
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 8059. 6165. 1894. 0. Board expenses 577. 0. 577. 0. Professional fees 16447. 0. 16447. 0. Paw paw marketing program 14200. 14200. 0. 0. Miscellaneous 1018. 779. 239. 0. Fam tour 966. 966. 0. 0. Telephone 3810. 2915. 895. 0. Annual dinner 5136. 5136. 0. 0. Building expense 3197. 2446. 751. 0.

Raw XML Appendix395 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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IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/Desc0ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0815059
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0391
IRS990/PYOtherExpensesAmt0172373
IRS990/PYOtherRevenueAmt08892
IRS990/PYProgramServiceRevenueAmt0529018
IRS990/PYRevenuesLessExpensesAmt0230788
IRS990/PYSalariesCompEmpBnftPaidAmt0135140
IRS990/PYTotalExpensesAmt0307513
IRS990/PYTotalRevenueAmt0538301
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0386037
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt045135
IRS990/SavingsAndTempCashInvstGrp/EOYAmt045219
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/DuesAssessmentsAmt0815059
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0161423
IRS990ScheduleD/BuildingsGrp/DepreciationAmt063212
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0224635
IRS990ScheduleD/EquipmentGrp/BookValueAmt01530
IRS990ScheduleD/EquipmentGrp/DepreciationAmt020940
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt022470
IRS990ScheduleD/ExpensesSubtotalAmt0431135
IRS990ScheduleD/LandGrp/BookValueAmt050000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050000
IRS990ScheduleD/RevenueSubtotalAmt0817172
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0212953
IRS990ScheduleD/TotalExpensesPerForm990Amt0431135
IRS990ScheduleD/TotalRevenuePerForm990Amt0817172
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0817172
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0431135
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 8059. 6165. 1894. 0. BOARD EXPENSES 577. 0. 577. 0. PROFESSIONAL FEES 16447. 0. 16447. 0. PAW PAW MARKETING PROGRAM 14200. 14200. 0. 0. MISCELLANEOUS 1018. 779. 239. 0. FAM TOUR 966. 966. 0. 0. TELEPHONE 3810. 2915. 895. 0. ANNUAL DINNER 5136. 5136. 0. 0. BUILDING EXPENSE 3197. 2446. 751. 0.
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/TotalAssetsBOYAmt0652401
IRS990/TotalAssetsEOYAmt01047000
IRS990/TotalAssetsGrp/BOYAmt0652401
IRS990/TotalAssetsGrp/EOYAmt01047000
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt062253
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0368882
IRS990/TotalFunctionalExpensesGrp/TotalAmt0431135
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06804
IRS990/TotalLiabilitiesEOYAmt015366
IRS990/TotalLiabilitiesGrp/BOYAmt06804
IRS990/TotalLiabilitiesGrp/EOYAmt015366
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0645597
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01031634
IRS990/TotalProgramServiceExpensesAmt0368882
IRS990/TotalProgramServiceRevenueAmt0815059
IRS990/TotalReportableCompFromOrgAmt078308
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0817172
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0817172
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0652401
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01047000
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0645597
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01031634
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0546 PHOENIX STREET
IRS990/USAddress/CityNm0SOUTH HAVEN
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049090
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LOU ADAMSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02696375252
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-06-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTH HAVENVANBUREN COUNTY CVB
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0382815513
ReturnHeader/Filer/PhoneNum02696375252
ReturnHeader/Filer/USAddress/AddressLine1Txt0546 PHOENIX STREET
ReturnHeader/Filer/USAddress/CityNm0SOUTH HAVEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049090
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TIBBITTS & ASSOCIATES PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0233 HUBBARD STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALLEGAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049010
ReturnHeader/PreparerPersonGrp/PhoneNum02696732222
ReturnHeader/PreparerPersonGrp/PreparationDt02015-06-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JANA L TIBBITTS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-06-22T08:32:26-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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.$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