Civic Intelligence

Eagan Convention & Visitors Bureau

EIN 41-2016053 • 501(c)4 • Eagan, MN

Profile

Eagan cvb exists to develop and administer programs to advance the economic impact of tourism and convention business in eagan, mn.

1501 Central Parkway Rm/Ste EEagan, MN 55121

www.eaganmn.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

53rd percentile

0.05x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.06x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Net Margin

65th percentile

19%

Higher net margin than 65% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

82nd percentile

$106,643

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Asset Growth

77th percentile

17%

Faster asset growth than 77% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

27th percentile

-2.1%

Faster revenue growth than 27% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,626,813

Up $234,712 (+17%) from 2023

Liabilities

Down

$76,688

Down $16,424 (-18%) from 2023

Net Assets

Up

$1,550,125

Up $251,136 (+19%) from 2023

Revenue

Down

$1,312,978

Down $27,725 (-2.1%) from 2023

Expenses

Down

$1,061,842

Down $115,837 (-9.8%) from 2023

Net Income

Up

$251,136

Up $88,112 (+54%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,042,067Liabilities 2010: $26,980Net Assets 2010: $1,015,0872010Assets 2011: $1,004,428Liabilities 2011: $88,540Net Assets 2011: $915,8882011Assets 2012: $918,412Liabilities 2012: $96,268Net Assets 2012: $822,1442012Assets 2013: $816,351Liabilities 2013: $64,850Net Assets 2013: $751,5012013Assets 2014: $820,031Liabilities 2014: $192,611Net Assets 2014: $627,4202014Assets 2015: $616,711Liabilities 2015: $78,046Net Assets 2015: $538,6652015Assets 2016: $637,202Liabilities 2016: $115,344Net Assets 2016: $521,8582016Assets 2017: $554,370Liabilities 2017: $38,018Net Assets 2017: $516,3522017Assets 2018: $592,625Liabilities 2018: $81,886Net Assets 2018: $510,7392018Assets 2019: $654,608Liabilities 2019: $102,862Net Assets 2019: $551,7462019Assets 2020: $518,114Liabilities 2020: $118,151Net Assets 2020: $399,9632020Assets 2021: $797,947Liabilities 2021: $202,353Net Assets 2021: $595,5942021Assets 2022: $1,215,035Liabilities 2022: $79,322Net Assets 2022: $1,135,7132022Assets 2023: $1,392,101Liabilities 2023: $93,112Net Assets 2023: $1,298,9892023Assets 2024: $1,626,813Liabilities 2024: $76,688Net Assets 2024: $1,550,1252024

Highlighted filing

2024

Assets$1,626,813
Liabilities$76,688
Net Assets$1,550,125

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2010: $740,576Expenses 2010: $723,961Net Income 2010: $16,6152010Revenue 2011: $792,317Expenses 2011: $891,515Net Income 2011: -$99,1982011Revenue 2012: $795,741Expenses 2012: $889,486Net Income 2012: -$93,7452012Revenue 2013: $857,759Expenses 2013: $928,402Net Income 2013: -$70,6432013Revenue 2014: $900,441Expenses 2014: $1,024,522Net Income 2014: -$124,0812014Revenue 2015: $914,509Expenses 2015: $1,003,264Net Income 2015: -$88,7552015Revenue 2016: $976,129Expenses 2016: $992,936Net Income 2016: -$16,8072016Revenue 2017: $949,854Expenses 2017: $955,360Net Income 2017: -$5,5062017Revenue 2018: $1,043,793Expenses 2018: $1,049,406Net Income 2018: -$5,6132018Revenue 2019: $1,116,543Expenses 2019: $1,075,536Net Income 2019: $41,0072019Revenue 2020: $588,071Expenses 2020: $739,854Net Income 2020: -$151,7832020Revenue 2021: $897,902Expenses 2021: $702,271Net Income 2021: $195,6312021Revenue 2022: $1,361,696Expenses 2022: $821,577Net Income 2022: $540,1192022Revenue 2023: $1,340,703Expenses 2023: $1,177,679Net Income 2023: $163,0242023Revenue 2024: $1,312,978Expenses 2024: $1,061,842Net Income 2024: $251,1362024

Highlighted filing

2024

Revenue$1,312,978
Expenses$1,061,842
Net Income$251,136

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.63$0.08$1.55$1.31$1.06$0.25
2023Detailed filing. Detailed filing data is available for this year.$1.39$0.09$1.30$1.34$1.18$0.16
2022Detailed filing. Detailed filing data is available for this year.$1.22$0.08$1.14$1.36$0.82$0.54
2021Detailed filing. Detailed filing data is available for this year.$0.80$0.20$0.60$0.90$0.70$0.20
2020Detailed filing. Detailed filing data is available for this year.$0.52$0.12$0.40$0.59$0.74$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.65$0.10$0.55$1.12$1.08$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.59$0.08$0.51$1.04$1.05$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.55$0.04$0.52$0.95$0.96$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.64$0.12$0.52$0.98$0.99$0.02
2015Summary only. Only limited summary data is available for this year.$0.62$0.08$0.54$0.91$1.00$0.09
2014Summary only. Only limited summary data is available for this year.$0.82$0.19$0.63$0.90$1.02$0.12
2013Summary only. Only limited summary data is available for this year.$0.82$0.06$0.75$0.86$0.93$0.07
2012Summary only. Only limited summary data is available for this year.$0.92$0.10$0.82$0.80$0.89$0.09
2011Summary only. Only limited summary data is available for this year.$1.00$0.09$0.92$0.79$0.89$0.10
2010Summary only. Only limited summary data is available for this year.$1.04$0.03$1.02$0.74$0.72$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.0
Gross Receipts
$1,312,978
Mission and Program Overview

Mission

Eagan cvb exists to develop and administer programs to advance the economic impact of tourism and convention business in eagan, mn.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$965,023$1,150,858▲ $185,835
Savings and Temporary Cash Investments-$251,703-
Accounts Receivable$419,881$159,661▼ $260,220
Land, Buildings, and Equipment, Net-$62,574-
Prepaid Expenses and Deferred Charges$7,197$2,017▼ $5,180
Total Assets$1,392,101$1,626,813▲ $234,712
Liabilities
Accounts Payable and Accrued Expenses$93,112$76,688▼ $16,424
Total Liabilities$93,112$76,688▼ $16,424
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,298,989$1,550,125▲ $251,136
Total Net Assets Fund Balance$1,298,989$1,550,125▲ $251,136
Total Liabilities and Net Assets / Fund Balance$1,392,101$1,626,813▲ $234,712

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$62,574$74,813-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brent CoryPresident/ceFT$106,643$106,643

Board Members and Trustees

NameTitle
Doug MelnykBoard Chair
Betty Wetherell-gustafsonBoard Member
Brent GlashanBoard Member
Dan BurnsBoard Member
Jason JohnsonBoard Member
Jill HutmacherBoard Member
Jon AlthoffBoard Member
Mayor Mike MaguireBoard Member
Yuri BatesBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,298,467
Investment Income
$11,340
Other Revenue
$3,171
Change in Net Assets
$251,136
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$739,528
Salaries, Compensation, and Employee Benefits$322,314
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$531,868--$531,868
Other Salaries and Wages$117,693$33,195-$150,888
Current Officers, Directors, Trustees, and Key Employees$83,182$23,461-$106,643
Occupancy$39,240$11,068-$50,308
Other Employee Benefits$31,502$8,885-$40,387
Fees for Services Accounting-$26,898-$26,898
Payroll Taxes$19,029$5,367-$24,396
All Other Expenses$16,700$764-$17,464
Office Expenses$11,082$3,126-$14,208
Fees for Services Other$9,270$2,614-$11,884
Travel$11,060--$11,060
Insurance$5,279$1,489-$6,768
Other Expenses$4,285$731-$4,285
Conferences and Meetings$2,207$149-$2,356
Depreciation Depletion$1,328$233-$1,561
Fees for Services Legal$390--$390
Total Functional Expenses$912,510$149,332$0$1,061,842
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
Yes
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, Page 6, Part VI, Line 11B

Reviewed by executive director before signing. Reviewed by finance committee after filing.

Form 990, Page 6, Part VI, Line 12C

Reviewed annually by the board of directors.

Form 990, Page 6, Part VI, Line 15A

Review done by executive committee, board chair, chair elect, and eagan city liasion.

Form 990, Page 6, Part VI, Line 15B

Review done by eagan city liasion and board chair.

Form 990, Page 6, Part VI, Line 19

All items are made available upon request.

Filing and Contact Details

Filer

Filer Name
Eagan Convention & Visitors Bureau
EIN
41-2016053
Phone
6516755546
Address
1501 CENTRAL PARKWAY RM/STE E, EAGAN, MN 55121

Signing Officer

Name
Brent Cory
Title
President/CEO
Phone
6516755544
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brent Cory
Formed
2002
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
4
Volunteers
9

Preparer

Firm
Lethert Skwira Schultz & Co Llp
Address
170 7TH PL E STE 100, SAINT PAUL, MN 55101-2361
Preparer
Athanas J Mcha CPA
Phone
6512245721
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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/OtherExpensesGrp/ProgramServicesAmt24285
IRS990/OtherExpensesGrp/TotalAmt027964
IRS990/OtherExpensesGrp/TotalAmt125200
IRS990/OtherExpensesGrp/TotalAmt27314
IRS990/OtherExpensesGrp/TotalAmt34285
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03171
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03171
IRS990/OtherRevenueTotalAmt03171
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt033195
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0117693
IRS990/OtherSalariesAndWagesGrp/TotalAmt0150888
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05367
IRS990/PayrollTaxesGrp/ProgramServicesAmt019029
IRS990/PayrollTaxesGrp/TotalAmt024396
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07197
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02017
IRS990/PrincipalOfficerNm0BRENT CORY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CITY LODGING TAX
IRS990/ProgramServiceRevenueGrp/Desc1EMT CO-OP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01278467
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt120000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01278467
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt120000
IRS990/ProgSrvcAccomActy2Grp/Desc0PROMOTIONS - AD SPECIALTY ITEMS ECVB PROVIDES THE EAGAN CVBS PICK YOUR PACKAGE PROMOTION WHICH WAS MARKETED TO LEISURE TRAVEL PROSPECTS THROUGHOUT THE MIDWEST AND CANADA. A TOTAL OF 25,000 VISITORS GUIDES AND 25,000 CORRESPONDING COUPON BOOKS WERE ALSO PRINTED AND UTILIZED TO MARKET EAGAN AS A DESTINATION TO MARKETS THROUGHOUT THE MIDWEST AND CANADA.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0253185
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0360273
IRS990/ProgSrvcAccomActy3Grp/Desc0TRADE SHOWS PROMOTE EAGAN TO GROUP TOUR OPERATORS THROUGHOUT THE NATION BY ATTENDING THE ANNUAL AMERICAN BUS ASSOCIATION CONFERENCE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt048777
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt069410
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04262
IRS990/PYOtherExpensesAmt0857430
IRS990/PYOtherRevenueAmt010533
IRS990/PYProgramServiceRevenueAmt01325908
IRS990/PYRevenuesLessExpensesAmt0163024
IRS990/PYSalariesCompEmpBnftPaidAmt0320249
IRS990/PYTotalExpensesAmt01177679
IRS990/PYTotalRevenueAmt01340703
IRS990/ReconcilationRevenueExpnssAmt0251136
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0868784
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0251703
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt062574
IRS990ScheduleD/EquipmentGrp/DepreciationAmt074813
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0137387
IRS990ScheduleD/TotalBookValueLandBuildingsAmt062574
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY EXECUTIVE DIRECTOR BEFORE SIGNING. REVIEWED BY FINANCE COMMITTEE AFTER FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEW DONE BY EXECUTIVE COMMITTEE, BOARD CHAIR, CHAIR ELECT, AND EAGAN CITY LIASION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEW DONE BY EAGAN CITY LIASION AND BOARD CHAIR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL ITEMS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, 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/TotalAssetsBOYAmt01392101
IRS990/TotalAssetsEOYAmt01626813
IRS990/TotalAssetsGrp/BOYAmt01392101
IRS990/TotalAssetsGrp/EOYAmt01626813
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0149332
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0912510
IRS990/TotalFunctionalExpensesGrp/TotalAmt01061842
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt093112
IRS990/TotalLiabilitiesEOYAmt076688
IRS990/TotalLiabilitiesGrp/BOYAmt093112
IRS990/TotalLiabilitiesGrp/EOYAmt076688
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01298989
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01550125
IRS990/TotalProgramServiceExpensesAmt0912510
IRS990/TotalProgramServiceRevenueAmt01298467
IRS990/TotalReportableCompFromOrgAmt0106643
IRS990/TotalRevenueGrp/ExclusionAmt011340
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01301638
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01312978
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01392101
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01626813
IRS990/TravelGrp/ProgramServicesAmt011060
IRS990/TravelGrp/TotalAmt011060
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01501 CENTRAL PARKWAY STE E
IRS990/USAddress/CityNm0EAGAN
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055121
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.EAGANMN.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRENT CORY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06516755544
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EAGAN CONVENTION & VISITORS BUREAU
ReturnHeader/Filer/BusinessNameControlTxt0EAGA
ReturnHeader/Filer/EIN0412016053
ReturnHeader/Filer/PhoneNum06516755546
ReturnHeader/Filer/USAddress/AddressLine1Txt01501 CENTRAL PARKWAY RM/STE E
ReturnHeader/Filer/USAddress/CityNm0EAGAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055121
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410738189
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LETHERT SKWIRA SCHULTZ & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0170 7TH PL E STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAINT PAUL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0551012361
ReturnHeader/PreparerPersonGrp/PhoneNum06512245721
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ATHANAS J MCHA CPA
ReturnHeader/ReturnTs02025-11-17T16:16:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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