Civic Intelligence

Mercer County Convention and Visitors Bureau Inc

990 • Fiscal year 2018 • EIN 55-0691187

Jul 01, 2017 to Jun 30, 2018 • Filed on Aug 20, 2018

621 Commerce StreetBluefield, WV 24701

(304) 325-8438

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

26th percentile

0.00x

Higher debt load relative to revenue than 26% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Net Margin

43rd percentile

1.9%

Higher net margin than 43% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

48th percentile

$48,964

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Asset Growth

44th percentile

1.2%

Faster asset growth than 44% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

74th percentile

13%

Faster revenue growth than 74% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$503,245

Up $6,212 (+1.2%) from 2017

Net Assets

Up

$501,844

Up $9,647 (+2.0%) from 2017

Liabilities

Down

$1,401

Down $3,435 (-71%) from 2017

Revenue

Up

$512,860

Up $58,540 (+13%) from 2017

Expenses

Up

$503,213

Up $84,067 (+20%) from 2017

Net Income

Down

$9,647

Down $25,527 (-73%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $170,111Liabilities 2011: $1,393Net Assets 2011: $168,7182011Assets 2012: $258,472Liabilities 2012: $1,478Net Assets 2012: $256,9942012Assets 2013: $384,710Liabilities 2013: $8,060Net Assets 2013: $376,6502013Assets 2014: $430,033Liabilities 2014: $1,676Net Assets 2014: $428,3572014Assets 2015: $434,736Liabilities 2015: $3,319Net Assets 2015: $431,4172015Assets 2016: $458,180Liabilities 2016: $1,157Net Assets 2016: $457,0232016Assets 2017: $497,033Liabilities 2017: $4,836Net Assets 2017: $492,1972017Assets 2018: $503,245Liabilities 2018: $1,401Net Assets 2018: $501,8442018Assets 2019: $699,846Liabilities 2019: $1,129Net Assets 2019: $698,7172019Assets 2020: $635,917Liabilities 2020: $418Net Assets 2020: $635,4992020Assets 2021: $836,884Liabilities 2021: $1,367Net Assets 2021: $835,5172021Assets 2022: $962,422Liabilities 2022: $2,075Net Assets 2022: $960,3472022Assets 2023: $919,250Liabilities 2023: $7,819Net Assets 2023: $911,4312023Assets 2024: $902,381Liabilities 2024: $932Net Assets 2024: $901,4492024

Highlighted filing

2018

Assets$503,245
Liabilities$1,401
Net Assets$501,844

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $505,7402011Expenses 2012: $429,6062012Expenses 2013: $403,6382013Revenue 2014: $467,315Expenses 2014: $415,608Net Income 2014: $51,7072014Revenue 2015: $452,612Expenses 2015: $449,552Net Income 2015: $3,0602015Revenue 2016: $429,930Expenses 2016: $404,324Net Income 2016: $25,6062016Revenue 2017: $454,320Expenses 2017: $419,146Net Income 2017: $35,1742017Revenue 2018: $512,860Expenses 2018: $503,213Net Income 2018: $9,6472018Revenue 2019: $550,325Expenses 2019: $391,149Net Income 2019: $159,1762019Revenue 2020: $400,044Expenses 2020: $463,262Net Income 2020: -$63,2182020Revenue 2021: $550,218Expenses 2021: $350,200Net Income 2021: $200,0182021Revenue 2022: $670,718Expenses 2022: $545,887Net Income 2022: $124,8312022Revenue 2023: $752,637Expenses 2023: $801,553Net Income 2023: -$48,9162023Revenue 2024: $756,517Expenses 2024: $766,500Net Income 2024: -$9,9832024

Highlighted filing

2018

Revenue$512,860
Expenses$503,213
Net Income$9,647
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Aug 20, 2018
Return Version
2017v2.3
Gross Receipts
$512,860
Mission and Program Overview

Mission

To create economic growth for the mercer county area by effectively marketing the region as a preferred visitor destination.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$252,179$254,734▲ $2,555
Cash and Non-Interest-Bearing Accounts$244,163$248,232▲ $4,069
Land, Buildings, and Equipment, Net$691$279▼ $412
Total Assets$497,033$503,245▲ $6,212
Liabilities
Other Liabilities$4,836$1,401▼ $3,435
Total Liabilities$4,836$1,401▼ $3,435
Net Assets / Fund Balance
Unrestricted Net Assets$492,197$501,844▲ $9,647
Total Net Assets Fund Balance$492,197$501,844▲ $9,647
Total Liabilities and Net Assets / Fund Balance$497,033$503,245▲ $6,212

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$279$21,920$22,199
Other Land Buildings-$21,254$21,254
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
-Executive Di$44,921$4,043$48,964

Board Members and Trustees

NameTitle
Henry H JonesPresident, D
David GrahamDirector
Greg PuckettDirector
Jamie L NullDirector
Janet BaileyDirector
Jason ReedDirector
Jim SpencerDirector
Lisa StraderDirector
Kitt MccarthyPast Pres.,
Laura GoochSecretary, D
Valerie HendricksTreasurer, D
Skip CraneVice Pres.,
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$2,599
Other Revenue
$510,261
Change in Net Assets
$9,647
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$379,925
Salaries, Compensation, and Employee Benefits$123,288
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$320,044
Other Salaries and Wages---$60,734
Current Officers, Directors, Trustees, and Key Employees---$44,921
Travel---$15,573
Fees for Services Accounting---$11,450
Payroll Taxes---$9,277
Occupancy---$9,267
Office Expenses---$9,175
Pension Plan Contributions---$8,356
Insurance---$3,445
Information Technology---$2,582
Conferences and Meetings---$1,805
Other Expenses---$473
Depreciation Depletion---$412
Total Functional Expenses$0$0$0$503,213
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
Bb&t Credit Card$1,356
Due to Visit Southern Wv$45
Governance and Compliance

Governance Checklist

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

The executive director reviews the return before signing it and a full copy of the return is provided to the directors via email for review before filing the return with the internal revenue service.

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

The board of directors monitored possible contracts with interested parties per conflict of interest policy.

Form 990, Page 6, Part VI, Line 19

Upon request, governing documents are available and may be viewed at the organization's office.

Filing and Contact Details

Filer

Filer Name
Mercer County Convention and
EIN
55-0691187
Phone
3043258438
Address
621 COMMERCE STREET, BLUEFIELD, WV 24701

Signing Officer

Name
Jamie L Null
Title
Executive Director
Phone
3043258438
Signed
2018-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jamie L Null
Formed
1985
Legal Domicile
Wv
Voting Board Members
12
Independent Board Members
12
Employees
3

Preparer

Firm
Henry H Jones CPA Pllc
Address
PO BOX 1897, BLUEFIELD, WV 24701-5897
Preparer
Henry H Jones
Phone
3048090022
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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/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT, D
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IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY, D
IRS990/Form990PartVIISectionAGrp/TitleTxt4PAST PRES.,
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS MONITORED POSSIBLE CONTRACTS WITH INTERESTED PARTIES PER CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST, GOVERNING DOCUMENTS ARE AVAILABLE AND MAY BE VIEWED AT THE ORGANIZATION'S OFFICE.
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0503213
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04836
IRS990/TotalLiabilitiesEOYAmt01401
IRS990/TotalLiabilitiesGrp/BOYAmt04836
IRS990/TotalLiabilitiesGrp/EOYAmt01401
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0492197
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0501844
IRS990/TotalOtherCompensationAmt04043
IRS990/TotalReportableCompFromOrgAmt044921
IRS990/TotalRevenueGrp/ExclusionAmt02599
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0510261
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0512860
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0497033
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0503245
IRS990/TravelGrp/TotalAmt015573
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0492197
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0501844
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.VISITMERCERCOUNTY.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMIE L NULL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03043258438
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MERCER COUNTY CONVENTION AND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0VISITORS BUREAU INC
ReturnHeader/Filer/BusinessNameControlTxt0MERC
ReturnHeader/Filer/EIN0550691187
ReturnHeader/Filer/PhoneNum03043258438
ReturnHeader/Filer/USAddress/AddressLine1Txt0621 COMMERCE STREET
ReturnHeader/Filer/USAddress/CityNm0BLUEFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WV
ReturnHeader/Filer/USAddress/ZIPCd024701
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D51795C1AF96A5AFCB19896A9CFBB9872EBCF114
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07D6D6337EF233A199007067B3537EBCDE1185D99
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-09-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:06:51
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472592951
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HENRY H JONES CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1897
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BLUEFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0247015897
ReturnHeader/PreparerPersonGrp/PhoneNum03048090022
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HENRY H JONES
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-09-04T16:06:51-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.02$0.01$9.01$7.57$7.67$0.10
2023Detailed filing. Detailed filing data is available for this year.$9.19$0.08$9.11$7.53$8.02$0.49
2022Detailed filing. Detailed filing data is available for this year.$9.62$0.02$9.60$6.71$5.46$1.25
2021Detailed filing. Detailed filing data is available for this year.$8.37$0.01$8.36$5.50$3.50$2.00
2020Detailed filing. Detailed filing data is available for this year.$6.36$0.00$6.35$4.00$4.63$0.63
2019Detailed filing. Detailed filing data is available for this year.$7.00$0.01$6.99$5.50$3.91$1.59
2018Detailed filing. Detailed filing data is available for this year.$5.03$0.01$5.02$5.13$5.03$0.10
2017Detailed filing. Detailed filing data is available for this year.$4.97$0.05$4.92$4.54$4.19$0.35
2016Detailed filing. Detailed filing data is available for this year.$4.58$0.01$4.57$4.30$4.04$0.26
2015Detailed filing. Detailed filing data is available for this year.$4.35$0.03$4.31$4.53$4.50$0.03
2014Detailed filing. Detailed filing data is available for this year.$4.30$0.02$4.28$4.67$4.16$0.52
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.85$0.08$3.77$4.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.58$0.01$2.57$4.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.01$1.69$5.06