Civic Intelligence

Fairmont Convention and Visitor Bureau Inc

990EZ • Fiscal year 2018 • EIN 41-1694005

Jan 01, 2018 to Dec 31, 2018 • Filed on Feb 25, 2019

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

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

68th percentile

10%

Higher net margin than 68% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$46,457

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 23.7% of source-year revenue.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

64th percentile

9.1%

Faster asset growth than 64% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

83rd percentile

24%

Faster revenue growth than 83% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$241,295

Up $20,064 (+9.1%) from 2017

Net Assets

Up

$241,295

Up $20,164 (+9.1%) from 2017

Liabilities

Down

$0

Down $100 (-100%) from 2017

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin68th percentile

Revenue

Up

$196,428

Up $37,872 (+24%) from 2017

Expenses

Up

$176,364

Up $16,184 (+10%) from 2017

Net Income

Up

$20,064

Up $21,688 (+1335%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth64th 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

2018

Assets$241,295
Liabilities$0
Net Assets$241,295
Open 2018 Filing

Operations Trend

Revenue Growth83rd 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

2018

Revenue$196,428
Expenses$176,364
Net Income$20,064
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 25, 2019
Return Version
2018v3.1
Gross Receipts
$196,428
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.--
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 Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHANIE BUSIAHNPresident-$46,457-$46,457
JASON SUBBERTBoard Member-$0--
JARED POMERENKEPresident-$0--
MARGARET DILLARDSecretary/Tr-$0--
LINSEY PRUESSVice Preside-$0--
BRUCE PETERSBoard Member-$0--
KATHY SMITHBoard Member-$0--
LAURIE SLATERBoard Member-$0--
SCOTT HIGGINSBoard Member-$0--
JAY JUNKERBoard Member-$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
President
Phone
5072388585
Signed
2019-02-25
Discuss with paid preparer
Yes

Preparer

Firm
Pierce Accounting and Tax Services
Address
51 DOWNTOWN PLZ, FAIRMONT, MN 56031-1702
Preparer
Sara Pierce
Phone
5072384304
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses 4,248 1,280 operating 8,350 promotions 2,185 marketing 81,600 administrative 6,383 total 104,046”

Form 990-ez, Part II, Line 24

“Accounts receivable 0 2,100 total 0 2,100”

Form 990-ez, Part III, Line 31

“Exhibit at travel and trade shows. Attend meetings & seminars regarding marketing publish and distribute promotional materials regarding city of fairmont.”

Raw XML Appendix134 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
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/BOYAmt0221231
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0239195
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt011553
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt020064
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0221231
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0241295
IRS990EZ/GrossReceiptsAmt0196428
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01219
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0221231
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0241295
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0221231
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0241295
IRS990EZ/OccupancyRentUtltsAndMaintAmt05250
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt8000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt9000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt946457
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JASON SUBBERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JARED POMERENKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARGARET DILLARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LINSEY PRUESS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BRUCE PETERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KATHY SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6LAURIE SLATER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7SCOTT HIGGINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8JAY JUNKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9STEPHANIE BUSIAHN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02100
IRS990EZ/OtherExpensesTotalAmt0104046
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE TOURISM
IRS990EZ/ProgramServiceRevenueAmt0183656
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EXHIBIT AT TRAVEL AND TRADE SHOWS. ATTEND MEETINGS & SEMINARS REGARDING MARKETING PUBLISH AND DISTRIBUTE PROMOTIONAL MATERIALS REGARDING CITY OF FAIRMONT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1EXHIBIT AT TRAVEL AND TRADE SHOWS. ATTEND MEETINGS & SEMINARS REGARDING MARKETING PUBLISH AND DISTRIBUTE PROMOTIONAL MATERIALS REGARDING CITY OF FAIRMONT.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt067068
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0176364
IRS990EZ/TotalRevenueAmt0196428
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0FAIRMONTCVB.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 4,248 1,280 OPERATING 8,350 PROMOTIONS 2,185 MARKETING 81,600 ADMINISTRATIVE 6,383 TOTAL 104,046
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 0 2,100 TOTAL 0 2,100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXHIBIT AT TRAVEL AND TRADE SHOWS. ATTEND MEETINGS & SEMINARS REGARDING MARKETING PUBLISH AND DISTRIBUTE PROMOTIONAL MATERIALS REGARDING CITY OF FAIRMONT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHANIE BUSIAHN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05072388585
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-02-25
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/FilingSecurityInformation/AtSubmissionCreationDeviceId019C3764FD7E16FB4ACA36044FF05FC5449D87197
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId077D71ED6ADEA0495973AF0BFF4723F6679972267
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02019-04-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm017:34:11
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411736772
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PIERCE ACCOUNTING AND TAX SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt051 DOWNTOWN PLZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FAIRMONT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0560311702
ReturnHeader/PreparerPersonGrp/PhoneNum05072384304
ReturnHeader/PreparerPersonGrp/PreparationDt02019-04-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SARA PIERCE
ReturnHeader/ReturnTs02019-04-05T17:34:11-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$241,295
Liabilities
$0
Net assets
$241,295
Revenue
$196,428
Expenses
$176,364
Net income
$20,064
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