Civic Intelligence

Hayward Lakes Visitors and Conventi on Bureau Sawyer County USA Inc

990 • Fiscal year 2019 • EIN 39-0888314

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 17, 2019

PO Box 1055Hayward, WI 54843

(715) 634-4801

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.03x

Higher debt load relative to assets than 63% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

59th percentile

0.01x

Higher debt load relative to revenue than 59% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

29th percentile

-5.8%

Higher net margin than 29% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

22nd percentile

-14%

Faster asset growth than 22% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

78th percentile

18%

Faster revenue growth than 78% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$141,078

Down $22,527 (-14%) from 2018

Net Assets

Down

$136,829

Down $19,344 (-12%) from 2018

Liabilities

Down

$4,249

Down $3,183 (-43%) from 2018

Revenue

Up

$331,213

Up $49,831 (+18%) from 2018

Expenses

Up

$350,557

Up $67,736 (+24%) from 2018

Net Income

Down

-$19,344

Down $17,905 (-1244%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $135,045Liabilities 2011: $2,103Net Assets 2011: $132,9422011Assets 2012: $151,193Liabilities 2012: $2,178Net Assets 2012: $149,0152012Assets 2013: $150,934Liabilities 2013: $1,550Net Assets 2013: $149,3842013Assets 2014: $174,650Liabilities 2014: $1,676Net Assets 2014: $172,9742014Assets 2015: $172,340Liabilities 2015: $2,232Net Assets 2015: $170,1082015Assets 2016: $164,464Liabilities 2016: $2,345Net Assets 2016: $162,1192016Assets 2017: $159,947Liabilities 2017: $2,335Net Assets 2017: $157,6122017Assets 2018: $163,605Liabilities 2018: $7,432Net Assets 2018: $156,1732018Assets 2019: $141,078Liabilities 2019: $4,249Net Assets 2019: $136,8292019Assets 2020: $141,465Liabilities 2020: $5,610Net Assets 2020: $135,8552020Assets 2021: $168,927Liabilities 2021: $4,184Net Assets 2021: $164,7432021Assets 2022: $177,747Liabilities 2022: $30,279Net Assets 2022: $147,4682022Assets 2023: $104,556Liabilities 2023: $3,858Net Assets 2023: $100,6982023Assets 2024: $129,341Liabilities 2024: $23,457Net Assets 2024: $105,8842024Assets 2025: $207,441Liabilities 2025: $31,112Net Assets 2025: $176,3292025

Highlighted filing

2019

Assets$141,078
Liabilities$4,249
Net Assets$136,829

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $241,659Expenses 2011: $252,468Net Income 2011: -$10,8092011Revenue 2012: $260,289Expenses 2012: $244,216Net Income 2012: $16,0732012Revenue 2013: $280,256Expenses 2013: $279,887Net Income 2013: $3692013Revenue 2014: $304,878Expenses 2014: $281,288Net Income 2014: $23,5902014Revenue 2015: $294,963Expenses 2015: $297,829Net Income 2015: -$2,8662015Revenue 2016: $271,853Expenses 2016: $279,842Net Income 2016: -$7,9892016Revenue 2017: $280,005Expenses 2017: $284,512Net Income 2017: -$4,5072017Revenue 2018: $281,382Expenses 2018: $282,821Net Income 2018: -$1,4392018Revenue 2019: $331,213Expenses 2019: $350,557Net Income 2019: -$19,3442019Revenue 2020: $362,118Expenses 2020: $363,092Net Income 2020: -$9742020Revenue 2021: $439,823Expenses 2021: $410,935Net Income 2021: $28,8882021Revenue 2022: $503,813Expenses 2022: $521,088Net Income 2022: -$17,2752022Revenue 2023: $539,182Expenses 2023: $585,952Net Income 2023: -$46,7702023Revenue 2024: $502,438Expenses 2024: $497,252Net Income 2024: $5,1862024Revenue 2025: $504,533Expenses 2025: $434,088Net Income 2025: $70,4452025

Highlighted filing

2019

Revenue$331,213
Expenses$350,557
Net Income-$19,344
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 17, 2019
Return Version
2018v3.1
Gross Receipts
$331,213
Mission and Program Overview

Mission

The HLVCB is an organization dedicated to the ongoing promotion of Sawyer County and the Hayward Lakes Area as a premier tourism destination in Wisconsin.

Promotion of the hayward lakes resort region

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$57,065$57,352▲ $287
Cash and Non-Interest-Bearing Accounts$76,906$57,191▼ $19,715
Land, Buildings, and Equipment, Net$29,634$26,535▼ $3,099
Total Assets$163,605$141,078▼ $22,527
Liabilities
Accounts Payable and Accrued Expenses$5,550$2,300▼ $3,250
Other Liabilities$1,882$1,949▲ $67
Total Liabilities$7,432$4,249▼ $3,183
Net Assets / Fund Balance
Unrestricted Net Assets$156,173$136,829▼ $19,344
Total Net Assets Fund Balance$156,173$136,829▼ $19,344
Total Liabilities and Net Assets / Fund Balance$163,605$141,078▼ $22,527

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$26,488$72,674$99,162
Equipment$47$24,638$24,685
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$100,067
Program Service Revenue
$226,829
Investment Income
$357
Other Revenue
$3,960
All Other Contributions
$51,145
Change in Net Assets
$-19,344
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$262,421
Salaries, Compensation, and Employee Benefits$88,136
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$61,210$20,404-$81,614
Advertising$51,122--$51,122
Occupancy$6,565$2,188-$8,753
Payroll Taxes$4,891$1,631-$6,522
Office Expenses$420$3,780-$4,200
Insurance$3,282--$3,282
Depreciation Depletion-$3,099-$3,099
Conferences and Meetings-$1,769-$1,769
All Other Expenses$1,419$294-$1,713
Fees for Services Legal$110$995-$1,105
Other Expenses$995$11,981-$995
Travel-$495-$495
Total Functional Expenses$272,903$77,654$0$350,557
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Fica W/h Payable$1,070
Federal W/h Payable$454
State W/h Payable$251
Unemployment Comp. Payable$174
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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 organization has members who pay annual dues to participate in the organization's programs and elect the board members.

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

The board members annually elect new board members for the positions that are up for election.

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

The board members review the 990 before it is submitted to the irs.

Form 990, Part VI, Section B, Line 15

Annually the board evaluates the salaries and rates of the executive director and employees and decides what the amount of the raises should be based on the performance of the employee.

Form 990, Part VI, Section C, Line 19

The organization provides copies of its tax returns, policies, and financial statements to the public upon request.

Filing and Contact Details

Filer

Filer Name
Hayward Lakes Visitors & Convention
EIN
39-0888314
Phone
7156344801
Address
PO BOX 1055, HAYWARD, WI 54843

Signing Officer

Name
Amanda Wilson
Title
President
Phone
7156344801
Signed
2019-10-17

Organization Details

Principal Officer
Amanda Wilson
Formed
1986
Legal Domicile
Wi
Voting Board Members
21
Independent Board Members
21
Employees
8
Volunteers
0

Preparer

Firm
Anderson Hager & Moe Sc
Address
PO BOX 986, HAYWARD, WI 54843
Preparer
Steve Boe CPA
Phone
7156342653
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IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRESIDENT
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE HLVCB IS AN ORGANIZATION DEDICATED TO THE ONGOING PROMOTION OF SAWYER COUNTY AND THE HAYWARD LAKES AREA AS A PREMIER TOURISM DESTINATION IN WISCONSIN.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0156173
IRS990/NetAssetsOrFundBalancesEOYAmt0136829
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02188
IRS990/OccupancyGrp/ProgramServicesAmt06565
IRS990/OccupancyGrp/TotalAmt08753
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03780
IRS990/OfficeExpensesGrp/ProgramServicesAmt0420
IRS990/OfficeExpensesGrp/TotalAmt04200
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ROOM TAX
IRS990/OtherExpensesGrp/Desc1GUIDEBOOK
IRS990/OtherExpensesGrp/Desc2POSTAGE & SHIPPING
IRS990/OtherExpensesGrp/Desc3TIC GRANT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt031018
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111981
IRS990/OtherExpensesGrp/ProgramServicesAmt093052
IRS990/OtherExpensesGrp/ProgramServicesAmt137856
IRS990/OtherExpensesGrp/ProgramServicesAmt211981
IRS990/OtherExpensesGrp/ProgramServicesAmt3995
IRS990/OtherExpensesGrp/TotalAmt0124070
IRS990/OtherExpensesGrp/TotalAmt137856
IRS990/OtherExpensesGrp/TotalAmt223962
IRS990/OtherExpensesGrp/TotalAmt3995
IRS990/OtherLiabilitiesGrp/BOYAmt01882
IRS990/OtherLiabilitiesGrp/EOYAmt01949
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0BUILDING FUND INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISC OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03640
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1320
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03640
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1320
IRS990/OtherRevenueTotalAmt03960
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020404
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt061210
IRS990/OtherSalariesAndWagesGrp/TotalAmt081614
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01631
IRS990/PayrollTaxesGrp/ProgramServicesAmt04891
IRS990/PayrollTaxesGrp/TotalAmt06522
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0AMANDA WILSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0721000
IRS990/ProgramServiceRevenueGrp/BusinessCd1541800
IRS990/ProgramServiceRevenueGrp/BusinessCd2721000
IRS990/ProgramServiceRevenueGrp/BusinessCd3541800
IRS990/ProgramServiceRevenueGrp/BusinessCd4541800
IRS990/ProgramServiceRevenueGrp/Desc0ROOM TAX INCOME
IRS990/ProgramServiceRevenueGrp/Desc1MARKETING PARTNER ADVE
IRS990/ProgramServiceRevenueGrp/Desc2ROOM FEES
IRS990/ProgramServiceRevenueGrp/Desc3GUIDEBOOK ADVERTISING
IRS990/ProgramServiceRevenueGrp/Desc4INTERNET COMMISSIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0126099
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt148020
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt224428
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt313830
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt413585
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0126099
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt148020
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt224428
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt313830
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt413585
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt095372
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0228
IRS990/PYOtherExpensesAmt0197387
IRS990/PYOtherRevenueAmt05279
IRS990/PYProgramServiceRevenueAmt0180503
IRS990/PYRevenuesLessExpensesAmt0-1439
IRS990/PYSalariesCompEmpBnftPaidAmt085434
IRS990/PYTotalExpensesAmt0282821
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0281382
IRS990/ReconcilationRevenueExpnssAmt0-19344
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0226829
IRS990/SavingsAndTempCashInvstGrp/BOYAmt057065
IRS990/SavingsAndTempCashInvstGrp/EOYAmt057352
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt048922
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt047
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024638
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024685
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt026488
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt072674
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt099162
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01070
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1454
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2174
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3251
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FICA W/H PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FEDERAL W/H PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2UNEMPLOYMENT COMP. PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3STATE W/H PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026535
IRS990ScheduleD/TotalLiabilityAmt01949
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS WHO PAY ANNUAL DUES TO PARTICIPATE IN THE ORGANIZATION'S PROGRAMS AND ELECT THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS ANNUALLY ELECT NEW BOARD MEMBERS FOR THE POSITIONS THAT ARE UP FOR ELECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MEMBERS REVIEW THE 990 BEFORE IT IS SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUALLY THE BOARD EVALUATES THE SALARIES AND RATES OF THE EXECUTIVE DIRECTOR AND EMPLOYEES AND DECIDES WHAT THE AMOUNT OF THE RAISES SHOULD BE BASED ON THE PERFORMANCE OF THE EMPLOYEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION PROVIDES COPIES OF ITS TAX RETURNS, POLICIES, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0163605
IRS990/TotalAssetsEOYAmt0141078
IRS990/TotalAssetsGrp/BOYAmt0163605

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$0.31$1.76$5.05$4.34$0.70
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.23$1.06$5.02$4.97$0.05
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.04$1.01$5.39$5.86$0.47
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.30$1.47$5.04$5.21$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.04$1.65$4.40$4.11$0.29
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.06$1.36$3.62$3.63$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.41$0.04$1.37$3.31$3.51$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$0.07$1.56$2.81$2.83$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.02$1.58$2.80$2.85$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$0.02$1.62$2.72$2.80$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.72$0.02$1.70$2.95$2.98$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.75$0.02$1.73$3.05$2.81$0.24
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.51$0.02$1.49$2.80$2.80$0.00
2012Summary only. Only limited summary data is available for this year.$1.51$0.02$1.49$2.60$2.44$0.16
2011Summary only. Only limited summary data is available for this year.$1.35$0.02$1.33$2.42$2.52$0.11