Civic Intelligence

Bloomington Convention & Visitors Bureau

990 • Fiscal year 2019 • EIN 41-1696432

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 31, 2020

Organization Profilewww.bloomingtonmn.org

View Organization Page

2131 Lindau Ln Ste 400Bloomington, MN 55425

(952) 858-8500

Siviq Scores

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

Liabilities / Assets

54th percentile

0.25x

Higher debt load relative to assets than 54% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

29th percentile

0.14x

Higher debt load relative to revenue than 29% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Net Margin

33rd percentile

0.1%

Higher net margin than 33% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

65th percentile

$328,114

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Asset Growth

28th percentile

0.8%

Faster asset growth than 28% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

39th percentile

0.7%

Faster revenue growth than 39% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets54th percentile

Assets

Up

$3,664,178

Up $30,731 (+0.8%) from 2018

Net Assets

Up

$2,745,439

Up $3,986 (+0.1%) from 2018

Liabilities

Up

$918,739

Up $26,745 (+3.0%) from 2018

Revenue And Expenses
Liabilities / Revenue29th percentileNet Margin33rd percentile

Revenue

Up

$6,623,223

Up $44,146 (+0.7%) from 2018

Expenses

Up

$6,619,237

Up $212,881 (+3.3%) from 2018

Net Income

Down

$3,986

Down $168,735 (-98%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

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

$10M$5.0M$0Assets 2011: $2,031,900Liabilities 2011: $430,908Net Assets 2011: $1,600,9922011Assets 2012: $2,046,228Liabilities 2012: $500,395Net Assets 2012: $1,545,8332012Assets 2013: $2,186,228Liabilities 2013: $541,580Net Assets 2013: $1,644,6482013Assets 2014: $2,404,546Liabilities 2014: $513,863Net Assets 2014: $1,890,6832014Assets 2015: $2,538,152Liabilities 2015: $515,910Net Assets 2015: $2,022,2422015Assets 2016: $3,105,834Liabilities 2016: $543,491Net Assets 2016: $2,562,3432016Assets 2017: $3,242,075Liabilities 2017: $673,343Net Assets 2017: $2,568,7322017Assets 2018: $3,633,447Liabilities 2018: $891,994Net Assets 2018: $2,741,4532018Assets 2019: $3,664,178Liabilities 2019: $918,739Net Assets 2019: $2,745,4392019Assets 2020: $2,365,156Liabilities 2020: $662,802Net Assets 2020: $1,702,3542020Assets 2021: $3,565,266Liabilities 2021: $691,563Net Assets 2021: $2,873,7032021Assets 2022: $8,311,917Liabilities 2022: $4,526,535Net Assets 2022: $3,785,3822022Assets 2023: $8,622,425Liabilities 2023: $4,640,555Net Assets 2023: $3,981,8702023Assets 2024: $8,243,791Liabilities 2024: $4,309,156Net Assets 2024: $3,934,6352024

Highlighted filing

2019

Assets$3,664,178
Liabilities$918,739
Net Assets$2,745,439
Open 2019 Filing

Operations Trend

Revenue Growth39th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $4,140,0232011Expenses 2012: $4,267,7842012Revenue 2013: $4,593,285Expenses 2013: $4,494,470Net Income 2013: $98,8152013Revenue 2014: $5,049,569Expenses 2014: $4,803,534Net Income 2014: $246,0352014Revenue 2015: $5,349,416Expenses 2015: $5,217,857Net Income 2015: $131,5592015Revenue 2016: $6,327,304Expenses 2016: $5,787,203Net Income 2016: $540,1012016Revenue 2017: $5,904,186Expenses 2017: $5,897,797Net Income 2017: $6,3892017Revenue 2018: $6,579,077Expenses 2018: $6,406,356Net Income 2018: $172,7212018Revenue 2019: $6,623,223Expenses 2019: $6,619,237Net Income 2019: $3,9862019Revenue 2020: $2,501,429Expenses 2020: $3,544,514Net Income 2020: -$1,043,0852020Revenue 2021: $4,284,977Expenses 2021: $3,113,628Net Income 2021: $1,171,3492021Revenue 2022: $5,604,990Expenses 2022: $4,693,311Net Income 2022: $911,6792022Revenue 2023: $6,058,251Expenses 2023: $5,861,763Net Income 2023: $196,4882023Revenue 2024: $6,358,267Expenses 2024: $6,405,502Net Income 2024: -$47,2352024

Highlighted filing

2019

Revenue$6,623,223
Expenses$6,619,237
Net Income$3,986
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 31, 2020
Return Version
2019v5.1
Gross Receipts
$6,623,223
Mission and Program Overview

Mission

To promote the city of bloomington, minnesota by attracting meetings, conventions, and tourism business to the community and to enhance and contribute to the overall identity and economic well-being of the community.

To enhance the overall Bloomington experience and contribute to the economic well-being of the city through leadership and innovation in the hospitality industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,826,397$1,964,050▲ $137,653
Accounts Receivable$759,962$799,125▲ $39,163
Land, Buildings, and Equipment, Net$653,453$539,328▼ $114,125
Prepaid Expenses and Deferred Charges$384,755$352,655▼ $32,100
Cash and Non-Interest-Bearing Accounts$8,364$4,990▼ $3,374
Total Assets$3,633,447$3,664,178▲ $30,731
Other Assets Total$516$4,030▲ $3,514
Liabilities
Accounts Payable and Accrued Expenses$558,715$567,442▲ $8,727
Other Liabilities$333,279$331,297▼ $1,982
Deferred Revenue-$20,000-
Total Liabilities$891,994$918,739▲ $26,745
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,741,453$2,745,439▲ $3,986
Total Net Assets Fund Balance$2,741,453$2,745,439▲ $3,986
Total Liabilities and Net Assets / Fund Balance$3,633,447$3,664,178▲ $30,731

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$166,370$583,100$749,470
Leasehold Improvements$372,958$98,956$471,914
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bonnie CarlsonPresident and CEOFT$235,646$92,468$328,114
Dan O'NeilVP of Strategy and SalesFT$147,738$68,921$216,659
Jan KroellsVP of AdvertisingFT$120,295$48,223$168,518

Board Members and Trustees

NameTitle
Mitch KilianChair
Dave MonaVice Chair
Dan JasperDirector
Fay BeauchineDirector
Gene WinsteadDirector
Harry GorstaynDirector
Jack BalogaDirector
Jamie VerbruggeDirector
Jim SaccomanDirector
Joyce EsterDirector
Michelle TorgusonDirector
Steve NelsonDirector
Steve PetersonDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
MMGY GlobalAdvertising4601 Madison Avenue, Kansas City, MO 64112$831,088
Mall of AmericaPartner in Advertising of DestinationNW 5826 PO Box 1450, Minneapolis, MN 55485$101,571
Revenue and Support

Revenue Composition

Contributions and Grants
$6,136,503
Program Service Revenue
$470,157
Investment Income
$16,563
Other Revenue
$0
All Other Contributions
$327,980
Change in Net Assets
$3,986

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table23$188,685Fair market value
Other Non Cash Contri Table40$72,434Fair market value
Other Non Cash Contri Table10$47,408Fair market value
Other Non Cash Contri Table2$19,453Fair market value
Total Noncash Contributions75$327,980-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,623,223
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,623,223
Total Revenue per Form 990
$6,623,223
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,366,152
Salaries, Compensation, and Employee Benefits$2,253,085
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$1,898,093--$1,898,093
Other Salaries and Wages$1,034,133$168,347-$1,202,480
Current Officers, Directors, Trustees, and Key Employees$613,430$99,861-$713,291
Conferences and Meetings$554,526$15,401-$569,927
Information Technology$384,624--$384,624
Occupancy-$363,965-$363,965
Office Expenses$228,315$18,642-$246,957
Payroll Taxes$111,287$18,117-$129,404
Depreciation Depletion-$128,512-$128,512
Other Employee Benefits$107,637$17,523-$125,160
Pension Plan Contributions$71,165$11,585-$82,750
Other Expenses$68,703$90,267-$68,703
All Other Expenses$34,958$13,422-$48,380
Fees for Services Accounting-$22,324-$22,324
Insurance-$21,334-$21,334
Fees for Services Legal-$5,827-$5,827
Interest-$2-$2
Total Functional Expenses$5,624,108$995,129$0$6,619,237

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,619,237
Total Expenses per Audited Statements$6,619,237
Total Expenses per Form 990$6,619,237
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Deferred Rent Credit$331,297
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The Finance Manager reviews the 990 before it is submitted.”

Form 990, Part VI, Section B, line 12C

“Conflict of Interest policy is included in the Code of Ethics which each board member signs before joining the Board and annually, thereafter.”

Form 990, Part VI, Section B, line 15A

“The Organization's Board of Directors determines the President's salary. The Board Chair reviews the President and CEO and recommends a merit increase which is then approved by the Compensation Committee. The Compensation Committee reports to the Board.”

Form 990, Part VI, Section C, line 19

“The Organization has its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Bloomington Convention & Visitors Bureau
EIN
41-1696432
Phone
9528588500
Address
2131 Lindau Ln Ste 400, Bloomington, MN 55425

Signing Officer

Name
Bonnie Carlson
Title
President
Phone
9528588500
Signed
2020-08-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bonnie Carlson
Formed
1991
Legal Domicile
Mn
Voting Board Members
13
Independent Board Members
13
Employees
22
Volunteers
19

Preparer

Firm
Abdo Eick & Meyers LLP
Address
5201 Eden Avenue Suite 250, Edina, MN 55436
Preparer
John N Abdo CPA
Phone
9528359090
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

“There was no change in the oversight process or selection process for the tax year.”

Financial Statement Notes

Part X, Line 2:

“The Organization is exempt from income taxes under section 501(c)(6) of the Internal Revenue Code. Therefore, no provision for income taxes have been made in these financial statements. During the years ended December 31, 2019 and 2018, the Organization has not incurred any interest or penalties on its tax returns. The organization's tax returns are subject to possible examination by the taxing authorities. For federal tax purposes the tax returns essentially remain open for possible examination for a period of three years after the date on which those returns are filed. The Organization did not have any unrelated business income during the years ended December 31, 2019 and 2018.”

Raw XML AppendixShowing 400 of 555 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/Form990PartVIISectionAGrp/PersonNm14Dan O'Neil
IRS990/Form990PartVIISectionAGrp/PersonNm15Jan Kroells
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13President and CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP of Strategy and Sales
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP of Advertising
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt05808523
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06623223
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0384624
IRS990/InformationTechnologyGrp/TotalAmt0384624
IRS990/InsuranceGrp/ManagementAndGeneralAmt021334
IRS990/InsuranceGrp/TotalAmt021334
IRS990/InterestGrp/ManagementAndGeneralAmt02
IRS990/InterestGrp/TotalAmt02
IRS990/InvestmentIncomeGrp/ExclusionAmt016563
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt016563
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt068
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0682056
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0653453
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0539328
IRS990/LandBldgEquipCostOrOtherBssAmt01221384
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To enhance the overall Bloomington experience and contribute to the economic well-being of the city through leadership and innovation in the hospitality industry.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02741453
IRS990/NetAssetsOrFundBalancesEOYAmt02745439
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02741453
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02745439
IRS990/NoncashContributionsAmt0327980
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0363965
IRS990/OccupancyGrp/TotalAmt0363965
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt018642
IRS990/OfficeExpensesGrp/ProgramServicesAmt0228315
IRS990/OfficeExpensesGrp/TotalAmt0246957
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0516
IRS990/OtherAssetsTotalGrp/EOYAmt04030
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt017523
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0107637
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0125160
IRS990/OtherExpensesGrp/Desc0In-kind Tickets, Hotel
IRS990/OtherExpensesGrp/Desc1Sales Expenses
IRS990/OtherExpensesGrp/Desc2Administrative Charges
IRS990/OtherExpensesGrp/Desc3Dues & Subscriptions
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt090267
IRS990/OtherExpensesGrp/ProgramServicesAmt0327980
IRS990/OtherExpensesGrp/ProgramServicesAmt1189257
IRS990/OtherExpensesGrp/ProgramServicesAmt268703
IRS990/OtherExpensesGrp/TotalAmt0327980
IRS990/OtherExpensesGrp/TotalAmt1189257
IRS990/OtherExpensesGrp/TotalAmt290267
IRS990/OtherExpensesGrp/TotalAmt368703
IRS990/OtherLiabilitiesGrp/BOYAmt0333279
IRS990/OtherLiabilitiesGrp/EOYAmt0331297
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0168347
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01034133
IRS990/OtherSalariesAndWagesGrp/TotalAmt01202480
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018117
IRS990/PayrollTaxesGrp/ProgramServicesAmt0111287
IRS990/PayrollTaxesGrp/TotalAmt0129404
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt011585
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt071165
IRS990/PensionPlanContributionsGrp/TotalAmt082750
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0384755
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0352655
IRS990/PrincipalOfficerNm0Bonnie Carlson
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1561500
IRS990/ProgramServiceRevenueGrp/BusinessCd2561500
IRS990/ProgramServiceRevenueGrp/Desc0Community Events
IRS990/ProgramServiceRevenueGrp/Desc1Online Marketing Progr
IRS990/ProgramServiceRevenueGrp/Desc2Online Housing Program
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0189730
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1152000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt272505
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0189730
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1152000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt272505
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06138869
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt07149
IRS990/PYOtherExpensesAmt04285189
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0433059
IRS990/PYRevenuesLessExpensesAmt0172721
IRS990/PYSalariesCompEmpBnftPaidAmt02121167
IRS990/PYTotalExpensesAmt06406356
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06579077
IRS990/ReconcilationRevenueExpnssAmt03986
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0470157
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01826397
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01964050
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0166370
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0583100
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0749470
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06619237
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0372958
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt098956
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0471914
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0331297
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred Rent Credit
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06623223
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from income taxes under section 501(c)(6) of the Internal Revenue Code. Therefore, no provision for income taxes have been made in these financial statements. During the years ended December 31, 2019 and 2018, the Organization has not incurred any interest or penalties on its tax returns. The organization's tax returns are subject to possible examination by the taxing authorities. For federal tax purposes the tax returns essentially remain open for possible examination for a period of three years after the date on which those returns are filed. The Organization did not have any unrelated business income during the years ended December 31, 2019 and 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0539328
IRS990ScheduleD/TotalExpensesPerForm990Amt06619237
IRS990ScheduleD/TotalLiabilityAmt0331297
IRS990ScheduleD/TotalRevenuePerForm990Amt06623223
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06623223
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06619237
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0235646
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1147738
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2120295
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount039874
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount124094
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount219556
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,664,178
Liabilities
$918,739
Net assets
$2,745,439
Revenue
$6,623,223
Expenses
$6,619,237
Net income
$3,986
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.24$4.31$3.93$6.36$6.41$0.05
2023Detailed filing. Detailed filing data is available for this year.$8.62$4.64$3.98$6.06$5.86$0.20
2022Detailed filing. Detailed filing data is available for this year.$8.31$4.53$3.79$5.60$4.69$0.91
2021Detailed filing. Detailed filing data is available for this year.$3.57$0.69$2.87$4.28$3.11$1.17
2020Detailed filing. Detailed filing data is available for this year.$2.37$0.66$1.70$2.50$3.54$1.04
2019Detailed filing. Detailed filing data is available for this year.$3.66$0.92$2.75$6.62$6.62$0.00
2018Detailed filing. Detailed filing data is available for this year.$3.63$0.89$2.74$6.58$6.41$0.17
2017Detailed filing. Detailed filing data is available for this year.$3.24$0.67$2.57$5.90$5.90$0.01
2016Detailed filing. Detailed filing data is available for this year.$3.11$0.54$2.56$6.33$5.79$0.54
2015Detailed filing. Detailed filing data is available for this year.$2.54$0.52$2.02$5.35$5.22$0.13
2014Detailed filing. Detailed filing data is available for this year.$2.40$0.51$1.89$5.05$4.80$0.25
2013Detailed filing. Detailed filing data is available for this year.$2.19$0.54$1.64$4.59$4.49$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$0.50$1.55$4.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.43$1.60$4.14