Civic Intelligence

Corpus Christi Convention and Visitors

EIN 74-1265416 • 501(c)6 • Corpus Christi, TX

Profile

The mission of the cvb is to drive overnight visitors to the corpus christi area and provide a full service area travel information center. The cvb provides the community with marketing support for the tourism, sports and convention industries.

400 Mann St Suite 1100Corpus Christi, TX 78401

www.visitcorpuschristi.com

Siviq Scores

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

Liabilities / Assets

59th percentile

0.26x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

0.64x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

92nd percentile

32%

Higher net margin than 92% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

33rd percentile

$210,751

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Asset Growth

96th percentile

47%

Faster asset growth than 96% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-68%

Faster revenue growth than 1% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$6,012,145

Up $1,908,333 (+47%) from 2023

Liabilities

Up

$1,579,897

Up $527,255 (+50%) from 2023

Net Assets

Up

$4,432,248

Up $1,381,078 (+45%) from 2023

Revenue

Down

$2,484,008

Down $5,374,876 (-68%) from 2023

Expenses

Down

$1,700,282

Down $5,771,177 (-77%) from 2023

Net Income

Up

$783,726

Up $396,301 (+102%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $910,824Liabilities 2011: $217,889Net Assets 2011: $692,9352011Assets 2012: $996,016Liabilities 2012: $328,559Net Assets 2012: $667,4572012Assets 2013: $1,247,871Liabilities 2013: $362,545Net Assets 2013: $885,3262013Assets 2014: $1,399,268Liabilities 2014: $283,833Net Assets 2014: $1,115,4352014Assets 2015: $1,523,872Liabilities 2015: $314,420Net Assets 2015: $1,209,4522015Assets 2016: $1,140,439Liabilities 2016: $263,357Net Assets 2016: $877,0822016Assets 2017: $995,252Liabilities 2017: $228,539Net Assets 2017: $766,7132017Assets 2018: $957,563Liabilities 2018: $272,091Net Assets 2018: $685,4722018Assets 2019: $964,177Liabilities 2019: $304,297Net Assets 2019: $659,8802019Assets 2020: $1,730,848Liabilities 2020: $133,149Net Assets 2020: $1,597,6992020Assets 2021: $2,305,137Liabilities 2021: $591,853Net Assets 2021: $1,713,2842021Assets 2022: $3,298,383Liabilities 2022: $634,638Net Assets 2022: $2,663,7452022Assets 2023: $4,103,812Liabilities 2023: $1,052,642Net Assets 2023: $3,051,1702023Assets 2024: $6,012,145Liabilities 2024: $1,579,897Net Assets 2024: $4,432,2482024

Highlighted filing

2024

Assets$6,012,145
Liabilities$1,579,897
Net Assets$4,432,248

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2011: $3,077,0582011Expenses 2012: $3,416,1592012Revenue 2013: $4,153,072Expenses 2013: $3,935,203Net Income 2013: $217,8692013Revenue 2014: $4,926,921Expenses 2014: $4,696,812Net Income 2014: $230,1092014Revenue 2015: $5,463,033Expenses 2015: $5,113,108Net Income 2015: $349,9252015Revenue 2016: $5,944,967Expenses 2016: $6,277,337Net Income 2016: -$332,3702016Revenue 2017: $5,666,869Expenses 2017: $5,758,406Net Income 2017: -$91,5372017Revenue 2018: $5,881,337Expenses 2018: $5,962,578Net Income 2018: -$81,2412018Revenue 2019: $5,707,576Expenses 2019: $5,733,168Net Income 2019: -$25,5922019Revenue 2020: $5,198,551Expenses 2020: $4,260,732Net Income 2020: $937,8192020Revenue 2021: $5,577,829Expenses 2021: $5,462,244Net Income 2021: $115,5852021Revenue 2022: $7,303,382Expenses 2022: $6,352,921Net Income 2022: $950,4612022Revenue 2023: $7,858,884Expenses 2023: $7,471,459Net Income 2023: $387,4252023Revenue 2024: $2,484,008Expenses 2024: $1,700,282Net Income 2024: $783,7262024

Highlighted filing

2024

Revenue$2,484,008
Expenses$1,700,282
Net Income$783,726

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.01$1.58$4.43$2.48$1.70$0.78
2023Detailed filing. Detailed filing data is available for this year.$4.10$1.05$3.05$7.86$7.47$0.39
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.30$0.63$2.66$7.30$6.35$0.95
2021Detailed filing. Detailed filing data is available for this year.$2.31$0.59$1.71$5.58$5.46$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.73$0.13$1.60$5.20$4.26$0.94
2019Detailed filing. Detailed filing data is available for this year.$0.96$0.30$0.66$5.71$5.73$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.96$0.27$0.69$5.88$5.96$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.00$0.23$0.77$5.67$5.76$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.14$0.26$0.88$5.94$6.28$0.33
2015Detailed filing. Detailed filing data is available for this year.$1.52$0.31$1.21$5.46$5.11$0.35
2014Summary only. Only limited summary data is available for this year.$1.40$0.28$1.12$4.93$4.70$0.23
2013Summary only. Only limited summary data is available for this year.$1.25$0.36$0.89$4.15$3.94$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.33$0.67$3.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.22$0.69$3.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Dec 31, 2024
Signed
Aug 10, 2025
Return Version
2024v5.2
Gross Receipts
$2,484,008
Mission and Program Overview

Mission

The mission of the cvb is to drive overnight visitors to the corpus christi area and provide a full service area travel information center. The cvb provides the community with marketing support for the tourism, sports and convention industries.

Promoting convention and visitor activity in the corpus christi bay area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,679,386$4,798,369▲ $1,118,983
Rtn Earn Endowment Incm Other Fnds$3,648,522$4,432,248▲ $783,726
Accounts Receivable$127,331$522,229▲ $394,898
Land, Buildings, and Equipment, Net$269,836$247,987▼ $21,849
Prepaid Expenses and Deferred Charges$127,311$160,698▲ $33,387
Cash and Non-Interest-Bearing Accounts$998$999▲ $1
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$4,528,961$6,012,145▲ $1,483,184
Other Assets Total$324,099$281,863▼ $42,236
Liabilities
Deferred Revenue$348,452$1,004,449▲ $655,997
Other Liabilities$330,728$288,492▼ $42,236
Accounts Payable and Accrued Expenses$201,259$286,956▲ $85,697
Total Liabilities$880,439$1,579,897▲ $699,458
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,648,522$4,432,248▲ $783,726
Total Liabilities and Net Assets / Fund Balance$4,528,961$6,012,145▲ $1,483,184

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$200,207$144,273$344,480
Other Land Buildings$25,650$131,025$156,675
Leasehold Improvements$22,130$50,077$72,207
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brett OettingCEOFT$210,751$210,751

Board Members and Trustees

NameTitle
Sam CanavatiChair
Deven BhaktaPast Chair
Richard LomaxVice Chair
Alex HarrisDirector
Amy GranberryDirector
Jennifer LiraDirector
Kevin SmithDirector
Krystof KucewizDirector
Michelle BraseltonDirector
Paulette GuajardoDirector
Steve BantaDirector
Zack JurasekDirector
Adrian RodriguezEx-officio
Al ArreolaEx-officio
Angie FloresEx-officio
Brady BallardEx-officio
Casey LainEx-officio
Cindie GonzalezEx-officio
Daniel MeliseEx-officio
Derrick MajchszakEx-officio
Gabriel DuranEx-officio
Jennifer VelaEx-officio
Latoya RodriguezEx-officio
Lisa HinojosaEx-officio
Mike CulbertsonEx-officio
Peter ZanoniEx-officio
Rick PatelEx-officio
Natalie VillarrealSecretary
Chris HamiltonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Mmgy GlobalMarketing7309 W 80TH STREET 400, Overland Park, KS 66024$604,470
Bayview TowerBuilding Rent500 N SHORELINE BLVD SUITE 100, Corpus Christi, TX 78401$150,298
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,358,567
Investment Income
$44,463
Other Revenue
$80,978
Change in Net Assets
$783,726

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,484,006
Revenue Not Reported on Financial Statements
$2
Revenue Not Reported on Form 990
$7,676,255
Other Revenue Adjustments
$2
Total Revenue per Audited Statements
$10,160,261
Total Revenue per Form 990
$2,484,008
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,152,965
Salaries, Compensation, and Employee Benefits$547,317
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$704,114
Other Salaries and Wages---$547,317
Fees for Services Management---$92,064
Information Technology---$60,869
Occupancy---$53,301
Office Expenses---$47,801
Depreciation Depletion---$21,850
Fees for Services Accounting---$20,937
Travel---$3,659
Other Expenses---$3,379
Insurance---$2,514
All Other Expenses---$1,250
Fees for Services Legal---$360
Total Functional Expenses$0$0$0$1,700,282

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,789,461
Expenses Not Reported on Form 990$7,089,180
Total Expenses per Form 990$1,700,282
Expenses per Audited Statements$1,700,281
Expenses Not Reported on Financial Statements$1
Other Expense Adjustments$1
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
Right of Use Lease Liability$288,492
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The board of directors is composed of 29 board members of which 15 are ex-officios with no voting rights.

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

The governing body receives a copy of the form 990 to be reviewed. After review, it is then returned with approval from the governing body.

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

The policy is shared with board members at the start of their term and if it is violated, the board member is asked to remove themselves.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Corpus Christi Convention and Visitors
EIN
74-1265416
Phone
3618811888
Address
400 MANN ST SUITE 1100, CORPUS CHRISTI, TX 78401
Doing Business As
Visit Corpus Christi

Signing Officer

Name
Brook Kaufman
Title
President/CEO
Phone
3618811888
Signed
2025-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brook Kaufman
Formed
1956
Legal Domicile
TX
Voting Board Members
14
Independent Board Members
14
Employees
55
Volunteers
0

Preparer

Firm
Adamson & Company LLC
Address
4101 S ALAMEDA ST, CORPUS CHRISTI, TX 78411
Preparer
Jennifer M Perales
Phone
3618878916
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The cvb is exempt from federal income taxes under section 501(c)(6) of the internal revenue code and has been classified as an organization that is not a private foundation. Accordingly, no provision for federal income taxes has been made. As of december 31, 2024, the tax years ended in 2022 through 2024 are subject to examination by the internal revenue service. The cvb believes that they have appropriate support for any tax positions taken, and as such, do not have any uncertain tax positions that are material to the financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Consolidated revenues reported on foundation's revenue 6,761. 15-month f/s revenues reported on 2023 tax return 7,669,494.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

ROUNDING 2.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Consolidated expenses reported on foundation's revenue 17,039. 15-month f/s expenses reported on 2023 tax return 7,072,141.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

ROUNDING 1.

Raw XML AppendixShowing 400 of 619 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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