Civic Intelligence

Bemidji Visitors and Convention Bureau

990 • Fiscal year 2020 • EIN 41-1643724

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 01, 2021

PO Box 66Bemidji, MN 56619-0066

(218) 759-0164

Siviq Scores

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

Liabilities / Assets

67th percentile

0.06x

Higher debt load relative to assets than 67% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

67th percentile

0.06x

Higher debt load relative to revenue than 67% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

48th percentile

2.0%

Higher net margin than 48% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

89th percentile

$65,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 18.4% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

61st percentile

9.1%

Faster asset growth than 61% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

45th percentile

-24%

Faster revenue growth than 45% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$337,368

Up $28,199 (+9.1%) from 2019

Net Assets

Up

$316,315

Up $14,217 (+4.7%) from 2019

Liabilities

Up

$21,053

Up $13,982 (+198%) from 2019

Revenue

Down

$354,075

Down $112,917 (-24%) from 2019

Expenses

Down

$346,858

Down $48,803 (-12%) from 2019

Net Income

Down

$7,217

Down $64,114 (-90%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $159,725Liabilities 2011: $25,218Net Assets 2011: $134,5072011Assets 2012: $123,501Liabilities 2012: $12,150Net Assets 2012: $111,3512012Assets 2013: $90,679Liabilities 2013: $44,963Net Assets 2013: $45,7162013Assets 2014: $83,528Liabilities 2014: $14,279Net Assets 2014: $69,2492014Assets 2015: $137,941Liabilities 2015: $4,511Net Assets 2015: $133,4302015Assets 2016: $194,750Liabilities 2016: $494Net Assets 2016: $194,2562016Assets 2017: $205,366Liabilities 2017: $904Net Assets 2017: $204,4622017Assets 2018: $231,667Liabilities 2018: $900Net Assets 2018: $230,7672018Assets 2019: $309,169Liabilities 2019: $7,071Net Assets 2019: $302,0982019Assets 2020: $337,368Liabilities 2020: $21,053Net Assets 2020: $316,3152020Assets 2021: $445,487Liabilities 2021: $29,029Net Assets 2021: $416,4582021Assets 2022: $439,041Liabilities 2022: $139,914Net Assets 2022: $299,1272022Assets 2023: $301,640Liabilities 2023: $150,672Net Assets 2023: $150,9682023Assets 2024: $260,706Liabilities 2024: $114,509Net Assets 2024: $146,1972024

Highlighted filing

2020

Assets$337,368
Liabilities$21,053
Net Assets$316,315

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $317,8782011Expenses 2012: $339,7352012Revenue 2013: $340,803Expenses 2013: $406,438Net Income 2013: -$65,6352013Revenue 2014: $388,229Expenses 2014: $364,697Net Income 2014: $23,5322014Revenue 2015: $429,710Expenses 2015: $365,529Net Income 2015: $64,1812015Revenue 2016: $440,597Expenses 2016: $379,770Net Income 2016: $60,8272016Revenue 2017: $451,416Expenses 2017: $441,210Net Income 2017: $10,2062017Revenue 2018: $468,539Expenses 2018: $442,234Net Income 2018: $26,3052018Revenue 2019: $466,992Expenses 2019: $395,661Net Income 2019: $71,3312019Revenue 2020: $354,075Expenses 2020: $346,858Net Income 2020: $7,2172020Revenue 2021: $570,410Expenses 2021: $470,267Net Income 2021: $100,1432021Revenue 2022: $559,164Expenses 2022: $676,495Net Income 2022: -$117,3312022Revenue 2023: $588,091Expenses 2023: $736,250Net Income 2023: -$148,1592023Revenue 2024: $581,853Expenses 2024: $586,624Net Income 2024: -$4,7712024

Highlighted filing

2020

Revenue$354,075
Expenses$346,858
Net Income$7,217
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 1, 2021
Return Version
2020v4.1
Gross Receipts
$354,075
Mission and Program Overview

Mission

Our mission is to promote the city of bemidji to visitors and convention organizers by advertising, soliciting, conventions and by special promotions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$183,017$216,533▲ $33,516
Savings and Temporary Cash Investments$64,751$61,810▼ $2,941
Accounts Receivable$52,704$42,361▼ $10,343
Land, Buildings, and Equipment, Net$4,959$9,752▲ $4,793
Pledges and Grants Receivable$7,000--
Prepaid Expenses and Deferred Charges$3,738$6,912▲ $3,174
Total Assets$316,169$337,368▲ $21,199
Liabilities
Accounts Payable and Accrued Expenses$7,071$17,377▲ $10,306
Other Liabilities-$3,676-
Total Liabilities$7,071$21,053▲ $13,982
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$309,098$316,315▲ $7,217
Total Net Assets Fund Balance$309,098$316,315▲ $7,217
Total Liabilities and Net Assets / Fund Balance$316,169$337,368▲ $21,199

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$9,752$21,014$30,766
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Josh PetersonExecutive DirectorFT$65,000$65,000

Board Members and Trustees

NameTitle
Mike MulryPresident
Abby RandallVice President
Dave HengelDirector
Jorge PrinceDirector
Karrie NelsonDirector
Kyle ChristiansonDirector
Mitch WillardDirector
Nate MathewsDirector
Pete HarrisonDirector
Philip KnutsonDirector
Rich SeigertDirector
Tiffany VickaryousDirector
Dana LeeSecretary
Jason BrodinaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,371
Program Service Revenue
$330,408
Investment Income
$196
Other Revenue
$8,100
Change in Net Assets
$7,217

Audited Revenue Reconciliation

Revenue per Audited Statements
$354,075
Total Revenue per Audited Statements
$354,075
Total Revenue per Form 990
$354,075
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$231,602
Salaries, Compensation, and Employee Benefits$115,256
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$188,436--$188,436
Other Salaries and Wages$62,347$41,565-$103,912
Occupancy$5,412$3,608-$9,020
Payroll Taxes$4,894$3,263-$8,157
Travel$3,198$2,131-$5,329
Office Expenses$2,222$1,481-$3,703
Other Expenses$2,015$1,344-$3,359
Pension Plan Contributions$1,912$1,275-$3,187
Depreciation Depletion$1,503$1,002-$2,505
Insurance$581$387-$968
All Other Expenses$21$14-$35
Total Functional Expenses$283,489$63,369$0$346,858

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$346,858
Total Expenses per Audited Statements$346,858
Total Expenses per Form 990$346,858
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$2,314
Accrued Payroll Taxes$1,267
Simple Ira Payable$95
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
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 governing body review Part VI line 11

When time permits, the 990 is reviewed by the board prior to signing by the president. In other cases, the board retroactively reviews the 990.

Conflict of interest policy compliance Part VI line 12C

If there is a vote by the board in which a board member has a conflict of interest, they abstain from voting.

CEO executive director top management comp Part VI line 15A

Employee salaries are set by the board of directors and the motion is recorded in the minutes of the meeting.

Governing documents etc available to public Part VI line 19

Governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Visitbemidji
EIN
41-1643724
Address
PO BOX 66, BEMIDJI, MN 56619-0066

Signing Officer

Name
Josh Peterson
Title
Executive Direc
Phone
2187590164
Signed
2021-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Abby Randall
Formed
1989
Legal Domicile
Mn
Voting Board Members
14
Independent Board Members
14
Employees
2

Preparer

Firm
Haukebo Van Batavia Holte LLC
Address
PO Box 348, Park Rapids, MN 56470
Preparer
Seth Holte
Phone
2187325769
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IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04054
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1429
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22816
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31344
IRS990/OtherExpensesGrp/ProgramServicesAmt06080
IRS990/OtherExpensesGrp/ProgramServicesAmt1643
IRS990/OtherExpensesGrp/ProgramServicesAmt24225
IRS990/OtherExpensesGrp/ProgramServicesAmt32015
IRS990/OtherExpensesGrp/TotalAmt010134
IRS990/OtherExpensesGrp/TotalAmt11072
IRS990/OtherExpensesGrp/TotalAmt27041
IRS990/OtherExpensesGrp/TotalAmt33359
IRS990/OtherLiabilitiesGrp/EOYAmt03676
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0SPONSORSHIPS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08100
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08100
IRS990/OtherRevenueTotalAmt08100
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt041565
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt062347
IRS990/OtherSalariesAndWagesGrp/TotalAmt0103912
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03263
IRS990/PayrollTaxesGrp/ProgramServicesAmt04894
IRS990/PayrollTaxesGrp/TotalAmt08157
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01275
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01912
IRS990/PensionPlanContributionsGrp/TotalAmt03187
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt07000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03738
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06912
IRS990/PrincipalOfficerNm0ABBY RANDALL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0LODGING TAX
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0330408
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0330408
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07000
IRS990/PYGrantsAndSimilarPaidAmt03000
IRS990/PYInvestmentIncomeAmt0206
IRS990/PYOtherExpensesAmt0263692
IRS990/PYOtherRevenueAmt010452
IRS990/PYProgramServiceRevenueAmt0456334
IRS990/PYRevenuesLessExpensesAmt078331
IRS990/PYSalariesCompEmpBnftPaidAmt0128969
IRS990/PYTotalExpensesAmt0395661
IRS990/PYTotalRevenueAmt0473992
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt07217
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0338508
IRS990/SavingsAndTempCashInvstGrp/BOYAmt064751
IRS990/SavingsAndTempCashInvstGrp/EOYAmt061810
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0346858
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09752
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt021014
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030766
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02314
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11267
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt295
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SIMPLE IRA PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0354075
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09752
IRS990ScheduleD/TotalExpensesPerForm990Amt0346858
IRS990ScheduleD/TotalLiabilityAmt03676
IRS990ScheduleD/TotalRevenuePerForm990Amt0354075
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0354075
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0346858
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WHEN TIME PERMITS, THE 990 IS REVIEWED BY THE BOARD PRIOR TO SIGNING BY THE PRESIDENT. IN OTHER CASES, THE BOARD RETROACTIVELY REVIEWS THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IF THERE IS A VOTE BY THE BOARD IN WHICH A BOARD MEMBER HAS A CONFLICT OF INTEREST, THEY ABSTAIN FROM VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EMPLOYEE SALARIES ARE SET BY THE BOARD OF DIRECTORS AND THE MOTION IS RECORDED IN THE MINUTES OF THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0316169
IRS990/TotalAssetsEOYAmt0337368
IRS990/TotalAssetsGrp/BOYAmt0316169
IRS990/TotalAssetsGrp/EOYAmt0337368
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt015371
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt063369
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0283489
IRS990/TotalFunctionalExpensesGrp/TotalAmt0346858
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07071
IRS990/TotalLiabilitiesEOYAmt021053
IRS990/TotalLiabilitiesGrp/BOYAmt07071
IRS990/TotalLiabilitiesGrp/EOYAmt021053
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0309098
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0316315
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0283489
IRS990/TotalProgramServiceRevenueAmt0330408
IRS990/TotalReportableCompFromOrgAmt065000
IRS990/TotalRevenueGrp/ExclusionAmt0196
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0338508
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0354075
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0316169
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0337368
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt02131
IRS990/TravelGrp/ProgramServicesAmt03198
IRS990/TravelGrp/TotalAmt05329
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0WWW.VISITBEMIDJI.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSH PETERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$1.15$1.46$5.82$5.87$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.02$1.51$1.51$5.88$7.36$1.48
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.39$1.40$2.99$5.59$6.76$1.17
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.45$0.29$4.16$5.70$4.70$1.00
2020Detailed filing. Detailed filing data is available for this year.$3.37$0.21$3.16$3.54$3.47$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.09$0.07$3.02$4.67$3.96$0.71
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.32$0.01$2.31$4.69$4.42$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.01$2.04$4.51$4.41$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$0.00$1.94$4.41$3.80$0.61
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.38$0.05$1.33$4.30$3.66$0.64
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.14$0.69$3.88$3.65$0.24
2013Detailed filing. Detailed filing data is available for this year.$0.91$0.45$0.46$3.41$4.06$0.66
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.12$1.11$3.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.60$0.25$1.35$3.18
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)6 • <$500k nonprofits