Civic Intelligence

Fairmont Convention and Visitor Bureau Inc

990EZ • Fiscal year 2014 • EIN 41-1694005

Jan 01, 2014 to Dec 31, 2014 • Filed on May 04, 2015

Organization ProfileFAIRMONTCVB.COM
323 E Blue Earth AveFairmont, MN 56031

(507) 238-8585

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Higher debt load relative to assets than 49% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

50th percentile

0.00x

Higher debt load relative to revenue than 50% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

33rd percentile

-3.2%

Higher net margin than 33% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

86th percentile

$50,250

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 33.3% of source-year revenue.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

34th percentile

-4.2%

Faster asset growth than 34% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

52nd percentile

2.3%

Faster revenue growth than 52% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$208,614

Down $9,132 (-4.2%) from 2013

Net Assets

$208,228

No earlier filing loaded for comparison.

Liabilities

Down

$386

Down $4,338 (-92%) from 2013

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin33rd percentile

Revenue

Up

$150,948

Up $3,409 (+2.3%) from 2013

Expenses

Up

$155,743

Up $20,748 (+15%) from 2013

Net Income

Down

-$4,795

Down $17,339 (-138%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$400K$300K$200K$100K$0Assets 2011: $164,737Liabilities 2011: $422Net Assets 2011: $164,3152011Assets 2012: $202,288Liabilities 2012: $1,809Net Assets 2012: $200,4792012Assets 2013: $217,746Liabilities 2013: $4,7242013Assets 2014: $208,614Liabilities 2014: $386Net Assets 2014: $208,2282014Assets 2015: $196,319Liabilities 2015: $1,020Net Assets 2015: $195,2992015Assets 2016: $222,855Liabilities 2016: $100Net Assets 2016: $222,7552016Assets 2017: $221,231Liabilities 2017: $100Net Assets 2017: $221,1312017Assets 2018: $241,295Liabilities 2018: $0Net Assets 2018: $241,2952018Assets 2019: $262,004Liabilities 2019: $0Net Assets 2019: $262,0042019Assets 2020: $275,511Liabilities 2020: $5,000Net Assets 2020: $270,5112020Assets 2021: $311,604Liabilities 2021: $3,959Net Assets 2021: $307,6452021Assets 2022: $381,939Liabilities 2022: $700Net Assets 2022: $381,2392022Assets 2023: $340,590Liabilities 2023: $12,946Net Assets 2023: $327,6442023Assets 2024: $269,598Liabilities 2024: $11,379Net Assets 2024: $258,2192024

Highlighted filing

2014

Assets$208,614
Liabilities$386
Net Assets$208,228
Open 2014 Filing

Operations Trend

Revenue Growth52nd percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $135,981Expenses 2011: $113,721Net Income 2011: $22,2602011Revenue 2012: $147,914Expenses 2012: $111,750Net Income 2012: $36,1642012Revenue 2013: $147,539Expenses 2013: $134,995Net Income 2013: $12,5442013Revenue 2014: $150,948Expenses 2014: $155,743Net Income 2014: -$4,7952014Revenue 2015: $158,379Expenses 2015: $171,308Net Income 2015: -$12,9292015Revenue 2016: $175,836Expenses 2016: $148,380Net Income 2016: $27,4562016Revenue 2017: $158,556Expenses 2017: $160,180Net Income 2017: -$1,6242017Revenue 2018: $196,428Expenses 2018: $176,364Net Income 2018: $20,0642018Revenue 2019: $177,348Expenses 2019: $156,639Net Income 2019: $20,7092019Revenue 2020: $132,269Expenses 2020: $123,763Net Income 2020: $8,5062020Revenue 2021: $168,326Expenses 2021: $131,192Net Income 2021: $37,1342021Revenue 2022: $199,070Expenses 2022: $125,476Net Income 2022: $73,5942022Revenue 2023: $175,024Expenses 2023: $228,619Net Income 2023: -$53,5952023Revenue 2024: $171,727Expenses 2024: $241,152Net Income 2024: -$69,4252024

Highlighted filing

2014

Revenue$150,948
Expenses$155,743
Net Income-$4,795
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 4, 2015
Return Version
2014v5.0
Gross Receipts
$150,948
Mission and Program Overview

Mission

PROMOTE TOURISM

Program Services

DescriptionGrantsExpenses
EXHIBIT AT TRAVEL AND TRADE SHOWS. ATTEND MEETINGS & SEMINARS REGARDING MARKETING PUBLISH AND DISTRIBUTE PROMOTIONAL MATERIALS REGARDING CITY OF FAIRMONT.--
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHANIE BUSIAHNDirectorFT$50,250-$50,250
MARGARET DILLARDBoard Sec/Tr-$0--
LELAND LEICHTNAMOfficer-$0--
JARED POMERENKEBoard VP-$0--
JASON SUBBERTBoard Pres-$0--
JEFF GREISCHAROffice-$0--
LINSEY PREUSSOfficer-$0--
BRUCE PETERSOfficer-$0--
TOM MAHONEYOfficer-$0--
LAURIE SLATEROfficer-$0--
LACY MCNICOLOfficer-$0--
Filing and Contact Details

Filer

Filer Name
Fairmont Convention & Visitors
EIN
41-1694005
Phone
5072388585
Address
323 E BLUE EARTH AVE, FAIRMONT, MN 56031

Signing Officer

Name
Stephanie Busiahn
Title
Executive Director
Phone
5072388585
Signed
2015-05-04
Discuss with paid preparer
Yes

Preparer

Firm
Steven E Pierce CPA Ltd
Address
51 DOWNTOWN PLZ, FAIRMONT, MN 56031-1702
Preparer
Steven E Pierce
Phone
5072384304
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses travel and mileage 7,295 insurance 1,040 operating 11,936 promotions 3,430 marketing 77,500 to balance 242 total 101,443”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 4,723 386”

Raw XML Appendix128 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHAMBER OF COMMERCE
IRS990EZ/BooksInCareOfDetail/PhoneNum05072388585
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0323 E BLUE EARTH AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FAIRMONT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd056031
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0217746
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0208614
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IRS990EZ/ContributionsGiftsGrantsEtcAmt04430
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4795
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
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IRS990EZ/GrossReceiptsAmt0150948
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01082
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt0208228
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0213023
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0208228
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt102.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt050250
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEPHANIE BUSIAHN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARGARET DILLARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LELAND LEICHTNAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JARED POMERENKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JASON SUBBERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JEFF GREISCHAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6LINSEY PREUSS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7BRUCE PETERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8TOM MAHONEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9LAURIE SLATER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10LACY MCNICOL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD SEC/TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD PRES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5OFFICE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7OFFICER
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0101443
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE TOURISM
IRS990EZ/ProgramServiceRevenueAmt0145436
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EXHIBIT AT TRAVEL AND TRADE SHOWS. ATTEND MEETINGS & SEMINARS REGARDING MARKETING PUBLISH AND DISTRIBUTE PROMOTIONAL MATERIALS REGARDING CITY OF FAIRMONT.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt050250
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04723
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0386
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0155743
IRS990EZ/TotalRevenueAmt0150948
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0FAIRMONTCVB.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES TRAVEL AND MILEAGE 7,295 INSURANCE 1,040 OPERATING 11,936 PROMOTIONS 3,430 MARKETING 77,500 TO BALANCE 242 TOTAL 101,443
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 4,723 386
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHANIE BUSIAHN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05072388585
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FAIRMONT CONVENTION & VISITORS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0BUREAU
ReturnHeader/Filer/BusinessNameControlTxt0FAIR
ReturnHeader/Filer/EIN0411694005
ReturnHeader/Filer/PhoneNum05072388585
ReturnHeader/Filer/USAddress/AddressLine1Txt0323 E BLUE EARTH AVE
ReturnHeader/Filer/USAddress/CityNm0FAIRMONT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056031
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411736772
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STEVEN E PIERCE CPA LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt051 DOWNTOWN PLZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FAIRMONT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0560311702
ReturnHeader/PreparerPersonGrp/PhoneNum05072384304
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN E PIERCE
ReturnHeader/ReturnTs02015-05-05T15:27:09-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$208,614
Liabilities
$386
Net assets
$208,228
Revenue
$150,948
Expenses
$155,743
Net income
-$4,795
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.70$0.11$2.58$1.72$2.41$0.69
2023Detailed filing. Detailed filing data is available for this year.$3.41$0.13$3.28$1.75$2.29$0.54
2022Detailed filing. Detailed filing data is available for this year.$3.82$0.01$3.81$1.99$1.25$0.74
2021Detailed filing. Detailed filing data is available for this year.$3.12$0.04$3.08$1.68$1.31$0.37
2020Detailed filing. Detailed filing data is available for this year.$2.76$0.05$2.71$1.32$1.24$0.09
2019Detailed filing. Detailed filing data is available for this year.$2.62$0.00$2.62$1.77$1.57$0.21
2018Detailed filing. Detailed filing data is available for this year.$2.41$0.00$2.41$1.96$1.76$0.20
2017Detailed filing. Detailed filing data is available for this year.$2.21$0.00$2.21$1.59$1.60$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$1.76$1.48$0.27
2015Detailed filing. Detailed filing data is available for this year.$1.96$0.01$1.95$1.58$1.71$0.13
2014Detailed filing. Detailed filing data is available for this year.$2.09$0.00$2.08$1.51$1.56$0.05
2013Summary only. Only limited summary data is available for this year.$2.18$0.05$1.48$1.35$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$0.02$2.00$1.48$1.12$0.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.00$1.64$1.36$1.14$0.22