Civic Intelligence

Dutchess Tourism Inc

990 • Fiscal year 2019 • EIN 46-5405233

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 09, 2020

3 Neptune Road Suite A11aPoughkeepsie, NY 12601

(845) 463-5448

Siviq Scores

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

Liabilities / Assets

35th percentile

0.06x

Higher debt load relative to assets than 35% of similar nonprofits.

2019 filings • NTEE S • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

14th percentile

0.01x

Higher debt load relative to revenue than 14% of similar nonprofits.

2019 filings • NTEE S • $1M-$5M nonprofits • Source year 2019

Net Margin

40th percentile

1.4%

Higher net margin than 40% of similar nonprofits.

2019 filings • NTEE S • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

67th percentile

$153,620

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

2019 filings • NTEE S • $1M-$5M nonprofits • Source year 2019

Asset Growth

62nd percentile

7.9%

Faster asset growth than 62% of similar nonprofits.

2019 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

44th percentile

1.7%

Faster revenue growth than 44% of similar nonprofits.

2019 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$419,362

Up $30,834 (+7.9%) from 2018

Net Assets

Up

$393,602

Up $30,475 (+8.4%) from 2018

Liabilities

Up

$25,760

Up $359 (+1.4%) from 2018

Revenue

Up

$2,223,870

Up $38,224 (+1.7%) from 2018

Expenses

Up

$2,193,395

Up $62,629 (+2.9%) from 2018

Net Income

Down

$30,475

Down $24,405 (-44%) from 2018

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2014: $118,757Net Assets 2014: $118,7572014Assets 2015: $246,807Liabilities 2015: $44,996Net Assets 2015: $201,8112015Assets 2016: $309,183Liabilities 2016: $32,866Net Assets 2016: $276,3172016Assets 2017: $362,962Liabilities 2017: $20,833Net Assets 2017: $342,1292017Assets 2018: $388,528Liabilities 2018: $25,401Net Assets 2018: $363,1272018Assets 2019: $419,362Liabilities 2019: $25,760Net Assets 2019: $393,6022019Assets 2020: $444,348Liabilities 2020: $24,209Net Assets 2020: $420,1392020Assets 2021: $464,624Liabilities 2021: $27,909Net Assets 2021: $436,7152021Assets 2022: $709,287Liabilities 2022: $262,260Net Assets 2022: $447,0272022Assets 2023: $783,660Liabilities 2023: $317,624Net Assets 2023: $466,0362023Assets 2024: $696,766Liabilities 2024: $175,045Net Assets 2024: $521,7212024

Highlighted filing

2019

Assets$419,362
Liabilities$25,760
Net Assets$393,602

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2014: $118,7572014Revenue 2015: $1,682,900Expenses 2015: $1,599,846Net Income 2015: $83,0542015Revenue 2016: $1,780,875Expenses 2016: $1,706,369Net Income 2016: $74,5062016Revenue 2017: $1,907,951Expenses 2017: $1,842,139Net Income 2017: $65,8122017Revenue 2018: $2,185,646Expenses 2018: $2,130,766Net Income 2018: $54,8802018Revenue 2019: $2,223,870Expenses 2019: $2,193,395Net Income 2019: $30,4752019Revenue 2020: $2,068,052Expenses 2020: $2,041,515Net Income 2020: $26,5372020Revenue 2021: $2,030,137Expenses 2021: $2,013,561Net Income 2021: $16,5762021Revenue 2022: $2,823,097Expenses 2022: $2,812,785Net Income 2022: $10,3122022Revenue 2023: $2,604,347Expenses 2023: $2,585,338Net Income 2023: $19,0092023Revenue 2024: $2,735,302Expenses 2024: $2,679,617Net Income 2024: $55,6852024

Highlighted filing

2019

Revenue$2,223,870
Expenses$2,193,395
Net Income$30,475
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 9, 2020
Return Version
2019v5.0
Gross Receipts
$2,223,870
Mission and Program Overview

Mission

To drive visitation to dutchess county to generate the maximum impact through hotel stays and visitor spending

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$100,328$172,084▲ $71,756
Savings and Temporary Cash Investments$108,668$128,762▲ $20,094
Pledges and Grants Receivable$121,875$60,058▼ $61,817
Prepaid Expenses and Deferred Charges$33,079$42,066▲ $8,987
Land, Buildings, and Equipment, Net$20,635$13,255▼ $7,380
Intangible Assets$3,121$2,837▼ $284
Accounts Receivable$822$300▼ $522
Total Assets$388,528$419,362▲ $30,834
Liabilities
Accounts Payable and Accrued Expenses$20,851$22,760▲ $1,909
Deferred Revenue$4,550$3,000▼ $1,550
Total Liabilities$25,401$25,760▲ $359
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$363,076$393,551▲ $30,475
Net Assets With Donor Restrictions$51$51→ $0
Total Net Assets Fund Balance$363,127$393,602▲ $30,475
Total Liabilities and Net Assets / Fund Balance$388,528$419,362▲ $30,834

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,618$22,398$31,016
Other Land Buildings$4,637$3,533$8,170
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary Kay VrbaPresident &FT$136,620$17,000$153,620
Mary Kay VrbaPresident & CEO-$136,620$17,000$153,620
Melaine Cancellari RottkampVice PresideFT$77,250$17,000$94,250

Board Members and Trustees

NameTitle
JUDITH D'ALESSANDROChair
Angela Lo-bianco-baroneVice Chair
Cliff LaubeBoard Liaiso
Linda CooperBoard Liaiso
Andrea ReynoldsBoard Member
Barbara MalleyBoard Member
Brent CasterBoard Member
Charles Fells JrBoard Member
Debra PemsteinBoard Member
Edward RoyBoard Member
Elaine HayesBoard Member
Elizabeth Waldstein-hartBoard Member
Kevin AllanBoard Member
Lara Litchfield-kimberBoard Member
Linda Marston-reidBoard Member
Maria CeliBoard Member
Maureen CrushBoard Member
Maureen KangasBoard Member
Eoin WrafterEx-officio
Frank Castella JrEx-officio
Gregg PulverEx-officio
Marcus MolinaroEx-officio
Ron HicksEx-officio
Sarah LeeEx-officio
Colleen CruikshankSecretary
Mike CobbTerm Ended F
Scott RectorTerm Ended O
Denise Doring VanburenTerm Ended S
David BovaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
FourthideaPub. Relations500 SENECA STREET SUITE 506, Buffalo, NY 14204$402,359
Revenue and Support

Revenue Composition

Contributions and Grants
$287,246
Program Service Revenue
$1,936,530
Investment Income
$94
Other Revenue
$0
All Other Contributions
$7,166
Change in Net Assets
$30,475

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,223,870
Revenue Not Reported on Form 990
$50,073
Total Revenue per Audited Statements
$2,273,943
Total Revenue per Form 990
$2,223,870
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,190,760
Salaries, Compensation, and Employee Benefits$771,675
Grants and Similar Amounts Paid$230,960
Total Fundraising Expense$11,075
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$833,486--$833,486
Other Salaries and Wages$240,339$128,010$4,163$372,512
Current Officers, Directors, Trustees, and Key Employees$159,922$85,178$2,770$247,870
Grants to Domestic Orgs$230,960--$230,960
Fees for Services Other$74,879$2,546$83$77,508
Travel$45,236$24,095$784$70,115
Pension Plan Contributions$40,767$21,713$706$63,186
Office Expenses$44,244$12,793$416$57,453
Payroll Taxes$32,953$17,552$571$51,076
Occupancy$32,563$17,343$564$50,470
Other Employee Benefits$23,892$12,725$414$37,031
Information Technology$14,048$7,482$243$21,773
Insurance$10,345$5,510$179$16,034
Fees for Services Accounting$9,064$4,827$157$14,048
Depreciation Depletion-$7,664-$7,664
Conferences and Meetings$1,448$771$25$2,244
Other Expenses$47--$47
Total Functional Expenses$1,834,111$348,209$11,075$2,193,395

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,243,468
Expenses per Audited Statements$2,193,395
Total Expenses per Form 990$2,193,395
Expenses Not Reported on Form 990$50,073
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Arts Mid-hudsonPoughkeepsie, NY501c3Support for Arts$193,960
Hudson Valley Tourism IncGoshen, NY501c6Tourism Support$22,000
Hudson Valley Film CommissionWoodstock, NY501c3Film Prod. Support$15,000
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
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
Yes
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

The president & ceo and vice president are non-voting ex-officio members of the board.

Form 990, Page 6, Part VI, Line 4

The organization amended its bylaws with the following changes: 1. To change the president & ceo position from that of a voting ex-officio member of the board position to a non-voting ex-officio member of the board position; and 2. To add the vice president position to its listing of officers and non- voting ex-officio member of the board: the president and ceo and vice president is employed by dutchess tourism, inc. The vice president shall be the secondary officer of dutchess tourism, inc. And shall assist with duties as assigned, including the above duties in the temporary absence of the president and ceo. The vice president shall sit as an ex-officio non-voting member of the board of directors.

Form 990, Page 6, Part VI, Line 11B

The form 990 will be presented to the organization's finance and governance committee with the presentation of the annual financial statement audit. The form 990 will be presented to the full board at the following board meeting and upon full board motion for approval, will be filed with the irs.

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

The organization's conflict of interest policy applies to all employees, officers, and directors of the organization. Prior to election to the board, and thereafter on an annual basis, all directors shall disclose in writing, to the best of their knowledge, any interest (as defined herein) such a director may have in any corporation, organization, partnership, other entity or individually which provides professional or other goods or services to the corporation for a fee or other compensation, and any position or other material relationship such director may have with any other not-for-profit corporation with which the corporation has any business relationship. If at any time during his or her term of service, a director acquires any interest or otherwise a circumstance arises which may pose a conflict of interest, that interest or other conflict shall be promptly disclosed to the chairman of the board. When any matter for decision or approval comes before the board, or any committee of the board, in which a director has an interest or other conflict, that interest or other conflict shall be immediately disclosed to the board or relevant committee by that director. Unless another standing committee should have a charge authorizing it to address the topics discussed herein, an ad hoc conflicts review committee of the board of directors, comprised entirely of directors without an interest (as defined herein) in a given transaction, shall be duly appointed and convened by the board to review any transaction or agreement that is proposed for approval by the board, which might be considered to constitute a conflict of interest (an "interested party transaction") for a particular director. If no formal conflicts review committee is convened, the board (not including the director having an interest in the applicable transaction) may act in its stead. No director shall vote on any matter in which he or she has a conflict of interest. Any director who has a conflict of interest in a matter shall leave the room in which discussion regarding that matter is carried on, if so requested by the board or the relevant committee, provided that the interested director may participate in any discussion regarding his or her absence.

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

At least annually the board of directors, and or its governance committee or any other committee created by the board for this purpose shall engage in a compensation analysis of the president/ceo and any other disqualified persons identified by general counsel to run concurrently with that individuals annual performance evaluation. This compensation analysis shall examine the following criteria to determine, on an annual basis, the reasonableness of executive compensation as it applies to this organization.

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

At least annually the board of directors, and or its governance committee or any other committee created by the board for this purpose shall engage in a compensation analysis of the president/ceo and any other disqualified persons identified by general counsel to run concurrently with that individuals annual performance evaluation. This compensation analysis shall examine the following criteria to determine, on an annual basis, the reasonableness of executive compensation as it applies to this organization.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Dutchess Tourism Inc
EIN
46-5405233
Phone
8454635448
Address
3 NEPTUNE ROAD SUITE A11A, POUGHKEEPSIE, NY 12601

Signing Officer

Name
Mary Kay Vrba
Title
President & CEO
Phone
8454635448
Signed
2020-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Kay Vrba
Formed
2014
Legal Domicile
Ny
Voting Board Members
26
Independent Board Members
26
Employees
9
Volunteers
92

Preparer

Firm
Rbt Cpas Llp
Address
11 RACQUET RD, NEWBURGH, NY 12550
Preparer
Davide Digenova CPA
Phone
8455679000
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Dutchess tourism has five volunteers who volunteer in the dti office with answering phones, handling mailings, and assisting with visitor inquiries. Additionally, dti had 87 volunteers to assist with trade show booths and special event assistance at events such as at the marist health & wellness fair, the summer concert, think differently dash and dutchess county classic. These volunteers assisted with set up and take down, bag check, ticket check, parking, water and food stations.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization files an annual 990 as a tax-exempt organization under section 501(c)(6) of the internal revenue code. As such, no federal or new york state taxes are paid by the organization. The organization has been classified as an entity that is not a private foundation within the meaning of section 509(a) and qualifies for deductible contributions as provided in section 170(b)(1)(a)(vi). The organization adopted the provisions of accounting principles generally accepted in the united states of america regarding accounting for uncertain tax positions. Management evaluated the organization's tax positions and concluded that the organization had taken no uncertain tax positions that would require adjustment to the financial statements in order to comply with the provisions of this guidance. With few exceptions, the organization is no longer subject to income tax examinations by the u.s. Federal, state or local tax authorities for years prior to 2016.

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