Liabilities / Assets
60th percentile
Higher debt load relative to assets than 60% of similar nonprofits.
Albert Lea Convention & Visitors Bu
990EZ • Fiscal year 2014 • EIN 41-1824600
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
59th percentile
Higher debt load relative to revenue than 59% of similar nonprofits.
Net Margin
38th percentile
Higher net margin than 38% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 32.6% of source-year revenue.
Asset Growth
40th percentile
Faster asset growth than 40% of similar nonprofits.
Revenue Growth
72nd percentile
Faster revenue growth than 72% of similar nonprofits.
Balance Sheet
Assets
Down$107,073
Down $1,589 (-1.5%) from 2013
Net Assets
$104,603
No earlier filing loaded for comparison.
Liabilities
Up$2,470
Up $826 (+50%) from 2013
Revenue And Expenses
Revenue
Up$180,590
Up $20,943 (+13%) from 2013
Expenses
Up$183,004
Up $4,201 (+2.3%) from 2013
Net Income
Up-$2,414
Up $16,742 (+87%) from 2013
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- May 12, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $180,590
Mission and Program Overview
Mission
Promote albert lea area as tourist and convention site.
Promote area as tourist and convention site. Print media to promote area. Search & advertise for community events & tourism through trade shows and other means. Help other community organizations promote, organize, and advertise community events. Promote & organize bus tours of local points of interest.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROMOTE AREA AS TOURIST AND CONVENTION SITE. PRINT MEDIA TO PROMOTE AREA. SEARCH & ADVERTISE FOR COMMUNITY EVENTS & TOURISM THROUGH TRADE SHOWS AND OTHER MEANS. HELP OTHER COMMUNITY ORGANIZATIONS PROMOTE, ORGANIZE, AND ADVERTISE COMMUNITY EVENTS. PROMOTE & ORGANIZE BUS TOURS OF LOCAL POINTS OF INTEREST. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SUSIE PETERSEN | Executive Di | - | $58,958 | - | $58,958 |
| PAT MULSO | President | - | $0 | - | - |
| KEVIN LAFRANCE | Vice Preside | - | $0 | - | - |
| KIM NELSON | Secretary/Tr | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Albert Lea Convention & Visitors Bu
- EIN
- 41-1824600
- Phone
- 5073732316
- Address
- 102 W CLARK ST, ALBERT LEA, MN 56007
Signing Officer
- Name
- Susie Petersen
- Title
- Executive Director
- Phone
- 5073732316
- Signed
- 2015-05-12
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Tri-state Tax & Accounting
- Address
- 1425 SAINT JOHN AVE, ALBERT LEA, MN 56007-3156
- Preparer
- Jennifer L Anderson
- Phone
- 5073732185
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising 37,893 public relations 497 office supplies 3,277 office equip 183 board expenses 1,155 conferences/trade shows 239 travel 250 conferences expense 1,443 property ins 1,772 work comp 519 cell phone reimb 891 dues & subscriptions 3,143 ent & meals 262 flowers 24 mileage reimb 2,058 grants paid out 11,141 non-investment depreciation 4,070 total 68,817”
Form 990-ez, Part II, Line 24
“Office equipment 28,537 29,824 less accumulated depreciation 14,854 18,922 total 13,683 10,902”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 1,644 2,470”
Form 990-ez, Part III
“Promote area as tourist and convention site. Print media to promote area. Search & advertise for community events & tourism through trade shows and other means. Help other community organizations promote, organize, and advertise community events. Promote & organize bus tours of local points of interest.”
Form 990-ez, Part III, Line 28
“Promote area as tourist and convention site. Print media to promote area. Search & advertise for community events & tourism through trade shows and other means. Help other community organizations promote, organize, and advertise community events. Promote & organize bus tours of local points of interest.”
Raw XML Appendix109 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | SUSIE PETERSEN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5073732316 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 102 W CLARK ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ALBERT LEA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 56007 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 94978 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 96171 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 180529 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -2414 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4255 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 108661 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 107073 |
| IRS990EZ/GrossReceiptsAmt | 0 | 180590 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 61 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 107017 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 104603 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 107017 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 104603 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 14466 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 58958 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | PAT MULSO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KEVIN LAFRANCE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KIM NELSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | SUSIE PETERSEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY/TR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | EXECUTIVE DI |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 13683 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 10902 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 68817 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROMOTE AREA AS TOURIST AND CONVENTION SITE. PRINT MEDIA TO PROMOTE AREA. SEARCH & ADVERTISE FOR COMMUNITY EVENTS & TOURISM THROUGH TRADE SHOWS AND OTHER MEANS. HELP OTHER COMMUNITY ORGANIZATIONS PROMOTE, ORGANIZE, AND ADVERTISE COMMUNITY EVENTS. PROMOTE & ORGANIZE BUS TOURS OF LOCAL POINTS OF INTEREST. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 8763 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROMOTE AREA AS TOURIST AND CONVENTION SITE. PRINT MEDIA TO PROMOTE AREA. SEARCH & ADVERTISE FOR COMMUNITY EVENTS & TOURISM THROUGH TRADE SHOWS AND OTHER MEANS. HELP OTHER COMMUNITY ORGANIZATIONS PROMOTE, ORGANIZE, AND ADVERTISE COMMUNITY EVENTS. PROMOTE & ORGANIZE BUS TOURS OF LOCAL POINTS OF INTEREST. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 86703 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1644 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2470 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 183004 |
| IRS990EZ/TotalRevenueAmt | 0 | 180590 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.ALBERTLEATOURISM.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 37,893 PUBLIC RELATIONS 497 OFFICE SUPPLIES 3,277 OFFICE EQUIP 183 BOARD EXPENSES 1,155 CONFERENCES/TRADE SHOWS 239 TRAVEL 250 CONFERENCES EXPENSE 1,443 PROPERTY INS 1,772 WORK COMP 519 CELL PHONE REIMB 891 DUES & SUBSCRIPTIONS 3,143 ENT & MEALS 262 FLOWERS 24 MILEAGE REIMB 2,058 GRANTS PAID OUT 11,141 NON-INVESTMENT DEPRECIATION 4,070 TOTAL 68,817 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | OFFICE EQUIPMENT 28,537 29,824 LESS ACCUMULATED DEPRECIATION 14,854 18,922 TOTAL 13,683 10,902 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,644 2,470 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PROMOTE AREA AS TOURIST AND CONVENTION SITE. PRINT MEDIA TO PROMOTE AREA. SEARCH & ADVERTISE FOR COMMUNITY EVENTS & TOURISM THROUGH TRADE SHOWS AND OTHER MEANS. HELP OTHER COMMUNITY ORGANIZATIONS PROMOTE, ORGANIZE, AND ADVERTISE COMMUNITY EVENTS. PROMOTE & ORGANIZE BUS TOURS OF LOCAL POINTS OF INTEREST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | PROMOTE AREA AS TOURIST AND CONVENTION SITE. PRINT MEDIA TO PROMOTE AREA. SEARCH & ADVERTISE FOR COMMUNITY EVENTS & TOURISM THROUGH TRADE SHOWS AND OTHER MEANS. HELP OTHER COMMUNITY ORGANIZATIONS PROMOTE, ORGANIZE, AND ADVERTISE COMMUNITY EVENTS. PROMOTE & ORGANIZE BUS TOURS OF LOCAL POINTS OF INTEREST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2016-04-25 22:37:26Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SUSIE PETERSEN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5073732316 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-05-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ALBERT LEA CONVENTION & VISITORS BU |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ALBE |
| ReturnHeader/Filer/EIN | 0 | 411824600 |
| ReturnHeader/Filer/PhoneNum | 0 | 5073732316 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 102 W CLARK ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ALBERT LEA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 56007 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 452690863 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | TRI-STATE TAX & ACCOUNTING |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1425 SAINT JOHN AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ALBERT LEA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 560073156 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5073732185 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2015-05-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JENNIFER L ANDERSON |
| ReturnHeader/ReturnTs | 0 | 2015-05-13T17:06:59-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
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.
- Assets
- $107,073
- Liabilities
- $2,470
- Net assets
- $104,603
- Revenue
- $180,590
- Expenses
- $183,004
- Net income
- -$2,414