Civic Intelligence

Visit Beloit Inc

990 • Fiscal year 2024 • EIN 84-3531670

Jan 01, 2024 to Dec 31, 2024 • Filed on Sep 04, 2025

Organization ProfileWWW.VISITBELOIT.COM
656 Pleasant StreetBeloit, WI 53511

(608) 365-4838

Siviq Scores

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

Liabilities / Assets

89th percentile

0.59x

Higher debt load relative to assets than 89% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.65x

Higher debt load relative to revenue than 88% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

2nd percentile

-49%

Higher net margin than 2% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$103,111

Higher top officer pay than 40% of similar nonprofits.

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

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

56th percentile

7.8%

Faster asset growth than 56% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

1.2%

Faster revenue growth than 34% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$1,415,103

Up $102,276 (+7.8%) from 2023

Net Assets

Down

$583,799

Down $626,348 (-52%) from 2023

Liabilities

Up

$831,304

Up $728,624 (+710%) from 2023

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin2nd percentile

Revenue

Up

$1,277,010

Up $14,988 (+1.2%) from 2023

Expenses

Up

$1,903,358

Up $747,004 (+65%) from 2023

Net Income

Down

-$626,348

Down $732,016 (-693%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$1.5M$1.0M$500K$0Assets 2021: $992,430Liabilities 2021: $129,837Net Assets 2021: $862,5932021Assets 2022: $1,248,407Liabilities 2022: $96,979Net Assets 2022: $1,151,4282022Assets 2023: $1,312,827Liabilities 2023: $102,680Net Assets 2023: $1,210,1472023Assets 2024: $1,415,103Liabilities 2024: $831,304Net Assets 2024: $583,7992024

Highlighted filing

2024

Assets$1,415,103
Liabilities$831,304
Net Assets$583,799
Open 2024 Filing

Operations Trend

Revenue Growth34th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2021: $1,062,612Expenses 2021: $727,903Net Income 2021: $334,7092021Revenue 2022: $1,438,011Expenses 2022: $1,092,119Net Income 2022: $345,8922022Revenue 2023: $1,262,022Expenses 2023: $1,156,354Net Income 2023: $105,6682023Revenue 2024: $1,277,010Expenses 2024: $1,903,358Net Income 2024: -$626,3482024

Highlighted filing

2024

Revenue$1,277,010
Expenses$1,903,358
Net Income-$626,348
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 4, 2025
Return Version
2024v5.0
Gross Receipts
$1,277,010
Mission and Program Overview

Mission

To lead and coordinate the development, sales, marketing, and management of the tourism industry in the greater beloit region and to create positive economic impact, thus enhancing the quality of life for area residents and quality of place for visitors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$784,548$1,003,360▲ $218,812
Accounts Receivable$409,630$302,238▼ $107,392
Land, Buildings, and Equipment, Net$79,964$53,251▼ $26,713
Prepaid Expenses and Deferred Charges$15,995$30,249▲ $14,254
Cash and Non-Interest-Bearing Accounts$22,690$26,005▲ $3,315
Total Assets$1,312,827$1,415,103▲ $102,276
Liabilities
Mortgage Notes Payable Secured by Investment Property-$756,457-
Accounts Payable and Accrued Expenses$52,955$40,237▼ $12,718
Deferred Revenue$33,810$34,610▲ $800
Other Liabilities$15,915--
Total Liabilities$102,680$831,304▲ $728,624
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$940,231$583,799▼ $356,432
Net Assets With Donor Restrictions$269,916--
Total Net Assets Fund Balance$1,210,147$583,799▼ $626,348
Total Liabilities and Net Assets / Fund Balance$1,312,827$1,415,103▲ $102,276

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$32,590$106,220$138,810
Other Land Buildings$20,661$73,123$93,784
Compensation and Service Providers
Top Officer Pay40th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Celestino RuffiniCEOFT$92,540$10,571$103,111

Board Members and Trustees

NameTitle
Spencer WaiteChair
Roy WardVice Chair
Aimee ThurnerDirector
Drew PenningtonDirector
Gloria BradleyDirector
Jackie JacksonDirector
Jan SmithDirector
Jerry GabrielatosDirector
Jesse SeykoraDirector
Maria Elena WhiteDirector
Marty DenschDirector
Patricia DiduchDirector
Regina DunkinDirector
Sonya HoppesDirector
Jeff VohsSecretary
Jonathan WebsterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$100,278
Program Service Revenue
$1,135,238
Investment Income
$11,960
Other Revenue
$29,534
Change in Net Assets
$-626,348
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,429,765
Salaries, Compensation, and Employee Benefits$473,593
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$285,762
Advertising---$198,420
Current Officers, Directors, Trustees, and Key Employees---$92,540
All Other Expenses---$73,780
Other Employee Benefits---$65,534
Office Expenses---$54,819
Occupancy---$41,803
Depreciation Depletion---$37,667
Other Expenses---$31,601
Payroll Taxes---$29,757
Fees for Services Accounting---$27,750
Travel---$21,266
Conferences and Meetings---$17,485
Insurance---$10,470
Interest---$6,363
Total Functional Expenses$0$0$0$1,903,358
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

“The form 990 is reviewed by the ceo, external accountant, and executive committee and is approved by the board prior to filing.”

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

“Board members submit a written statement describing any conflicts of interest prior to becoming a member of the board and annually review, update, and resubmit the conflict of interest statement.”

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

“The executive comittee meets, reviews the performance, and votes on the executive director's yearly increase in salary. Benchmarking is performed to ensure compensation is appropriate.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are made available to interested parties upon request and are available for public inspection on the organization's website and guidestar.”

Filing and Contact Details

Filer

Filer Name
Visit Beloit Inc
EIN
84-3531670
Phone
6083654838
Address
656 PLEASANT STREET, BELOIT, WI 53511

Signing Officer

Name
Celestino Ruffini
Title
CEO
Phone
6083654838
Signed
2025-09-04

Organization Details

Principal Officer
Celestino Ruffini
Formed
2019
Legal Domicile
Wi
Voting Board Members
14
Independent Board Members
14
Employees
17
Volunteers
17

Preparer

Firm
Siepert & Co Llp
Address
4278 E ROCKTON RD, ROSCOE, IL 61073
Preparer
Mark H Trotter
Phone
8156238818
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To lead and coordinate the development, sales, marketing, and management of the tourism industry in the greater beloit region and to create positive economic impact, thus enhancing the quality of life for area residents and quality of place for visitors.”

Financial Statement Notes

Schedule D, Page 3, Part X

“Visit beloit, inc. Is a nonprofit organization exempt from federal and stateincome taxes under internal revenue code sections 501(c)(6) as other than a private foundation. As a result, there is no provision for income taxes in the consolidated financial statements. Management of visit beloit, inc. Have evaluated for and determined there are no uncertain tax positions as of december 31, 2024. Visit beloit, inc. Is subject to informational reporting requirements in the united states federal jurisdiction and the state of wisconsin. Tax regulations within each jurisdiction are subject to the interpretation of the related tax laws and regulations and require significant judgment to apply. Tax returns remain open for federal examination for the past three years and state examination for the past four years. At december 31, 2024, there are no ongoing income tax audits or unresolved disputes with the various taxing authorities visit beloit, inc. Currently file, or have filed, with.”

Raw XML AppendixShowing 400 of 438 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt052955
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt040237
IRS990/AccountsReceivableGrp/BOYAmt0409630
IRS990/AccountsReceivableGrp/EOYAmt0302238
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO LEAD AND COORDINATE THE DEVELOPMENT, SALES, MARKETING, AND MANAGEMENT OF THE TOURISM INDUSTRY IN THE GREATER BELOIT REGION AND TO CREATE POSITIVE ECONOMIC IMPACT, THUS ENHANCING THE QUALITY OF LIFE FOR AREA RESIDENTS AND QUALITY OF PLACE FOR VISITORS.
IRS990/AdvertisingGrp/TotalAmt0198420
IRS990/AllOtherExpensesGrp/TotalAmt073780
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0CELESTINO RUFFINI
IRS990/BooksInCareOfDetail/PhoneNum06083654838
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0656 PLEASANT STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BELOIT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd053511
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt022690
IRS990/CashNonInterestBearingGrp/EOYAmt026005
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt092540
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt017485
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0100278
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt011960
IRS990/CYOtherExpensesAmt01429765
IRS990/CYOtherRevenueAmt029534
IRS990/CYProgramServiceRevenueAmt01135238
IRS990/CYRevenuesLessExpensesAmt0-626348
IRS990/CYSalariesCompEmpBnftPaidAmt0473593
IRS990/CYTotalExpensesAmt01903358
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01277010
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt033810
IRS990/DeferredRevenueGrp/EOYAmt034610
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt037667
IRS990/Desc0ACHIEVEMENT OF EDUCATING AND ENCOURAGING PERSONS TO VISIT, UNDERSTAND AND ENJOY THE CIVIC, CULTURAL AND RECREATIONAL FACILITIES IN THE CITY OF BELOIT, WISCONSIN.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0269916
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt017
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt01767417
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt027750
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt010571
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/PersonNm0CELESTINO RUFFINI
IRS990/Form990PartVIISectionAGrp/PersonNm1GLORIA BRADLEY
IRS990/Form990PartVIISectionAGrp/PersonNm2MARTY DENSCH
IRS990/Form990PartVIISectionAGrp/PersonNm3PATRICIA DIDUCH
IRS990/Form990PartVIISectionAGrp/PersonNm4REGINA DUNKIN
IRS990/Form990PartVIISectionAGrp/PersonNm5JERRY GABRIELATOS
IRS990/Form990PartVIISectionAGrp/PersonNm6SONYA HOPPES
IRS990/Form990PartVIISectionAGrp/PersonNm7JACKIE JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm8DREW PENNINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm9JESSE SEYKORA
IRS990/Form990PartVIISectionAGrp/PersonNm10JAN SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm11AIMEE THURNER
IRS990/Form990PartVIISectionAGrp/PersonNm12JEFF VOHS
IRS990/Form990PartVIISectionAGrp/PersonNm13SPENCER WAITE
IRS990/Form990PartVIISectionAGrp/PersonNm14ROY WARD
IRS990/Form990PartVIISectionAGrp/PersonNm15JONATHAN WEBSTER
IRS990/Form990PartVIISectionAGrp/PersonNm16MARIA ELENA WHITE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt092540
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02019
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0100278
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01277010
IRS990/GrossSalesOfInventoryAmt0233
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt014
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt010470
IRS990/InterestGrp/TotalAmt06363
IRS990/InvestmentIncomeGrp/ExclusionAmt011960
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt011960
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0179343
IRS990/LandBldgEquipBasisNetGrp/BOYAmt079964
IRS990/LandBldgEquipBasisNetGrp/EOYAmt053251
IRS990/LandBldgEquipCostOrOtherBssAmt0232594
IRS990/LegalDomicileStateCd0WI
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO LEAD AND COORDINATE THE DEVELOPMENT, SALES, MARKETING, AND MANAGEMENT OF THE TOURISM INDUSTRY IN THE GREATER BELOIT REGION AND TO CREATE POSITIVE ECONOMIC IMPACT, THUS ENHANCING THE QUALITY OF LIFE FOR AREA RESIDENTS AND QUALITY OF PLACE FOR VISITORS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0756457
IRS990/NetAssetsOrFundBalancesBOYAmt01210147
IRS990/NetAssetsOrFundBalancesEOYAmt0583799
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0233
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0233
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0940231
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0583799
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt041803
IRS990/OfficeExpensesGrp/TotalAmt054819
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt065534
IRS990/OtherExpensesGrp/Desc0OPERATIONAL SUPPORT TRANS
IRS990/OtherExpensesGrp/Desc1SPONSORSHIP & GRANT TRANS
IRS990/OtherExpensesGrp/Desc2EVENT HOSTING
IRS990/OtherExpensesGrp/Desc3SPONSORSHIPS
IRS990/OtherExpensesGrp/TotalAmt0784434
IRS990/OtherExpensesGrp/TotalAmt183500
IRS990/OtherExpensesGrp/TotalAmt240407
IRS990/OtherExpensesGrp/TotalAmt331601
IRS990/OtherLiabilitiesGrp/BOYAmt015915
IRS990/OtherRevenueMiscGrp/Desc0PROMOTIONAL PARTICIPATION
IRS990/OtherRevenueMiscGrp/Desc1REIMBURSEMENTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt023319
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt15982
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt023319
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt15982
IRS990/OtherRevenueTotalAmt029301
IRS990/OtherSalariesAndWagesGrp/TotalAmt0285762
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt029757
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015995
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt030249
IRS990/PrincipalOfficerNm0CELESTINO RUFFINI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ROOM TAX
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01135238
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01135238
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt083300
IRS990/PYInvestmentIncomeAmt09381
IRS990/PYOtherExpensesAmt0689997
IRS990/PYOtherRevenueAmt027042
IRS990/PYProgramServiceRevenueAmt01142299
IRS990/PYRevenuesLessExpensesAmt0105668
IRS990/PYSalariesCompEmpBnftPaidAmt0466357
IRS990/PYTotalExpensesAmt01156354
IRS990/PYTotalRevenueAmt01262022
IRS990/ReconcilationRevenueExpnssAmt0-626348
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0784548
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01003360
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt032590
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0106220
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0138810
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt020661
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt073123
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt093784
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0VISIT BELOIT, INC. IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL AND STATEINCOME TAXES UNDER INTERNAL REVENUE CODE SECTIONS 501(C)(6) AS OTHER THAN A PRIVATE FOUNDATION. AS A RESULT, THERE IS NO PROVISION FOR INCOME TAXES IN THE CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT OF VISIT BELOIT, INC. HAVE EVALUATED FOR AND DETERMINED THERE ARE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024. VISIT BELOIT, INC. IS SUBJECT TO INFORMATIONAL REPORTING REQUIREMENTS IN THE UNITED STATES FEDERAL JURISDICTION AND THE STATE OF WISCONSIN. TAX REGULATIONS WITHIN EACH JURISDICTION ARE SUBJECT TO THE INTERPRETATION OF THE RELATED TAX LAWS AND REGULATIONS AND REQUIRE SIGNIFICANT JUDGMENT TO APPLY. TAX RETURNS REMAIN OPEN FOR FEDERAL EXAMINATION FOR THE PAST THREE YEARS AND STATE EXAMINATION FOR THE PAST FOUR YEARS. AT DECEMBER 31, 2024, THERE ARE NO ONGOING INCOME TAX AUDITS OR UNRESOLVED DISPUTES WITH THE VARIOUS TAXING AUTHORITIES VISIT BELOIT, INC. CURRENTLY FILE, OR HAVE FILED, WITH.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt053251
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO LEAD AND COORDINATE THE DEVELOPMENT, SALES, MARKETING, AND MANAGEMENT OF THE TOURISM INDUSTRY IN THE GREATER BELOIT REGION AND TO CREATE POSITIVE ECONOMIC IMPACT, THUS ENHANCING THE QUALITY OF LIFE FOR AREA RESIDENTS AND QUALITY OF PLACE FOR VISITORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE CEO, EXTERNAL ACCOUNTANT, AND EXECUTIVE COMMITTEE AND IS APPROVED BY THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS SUBMIT A WRITTEN STATEMENT DESCRIBING ANY CONFLICTS OF INTEREST PRIOR TO BECOMING A MEMBER OF THE BOARD AND ANNUALLY REVIEW, UPDATE, AND RESUBMIT THE CONFLICT OF INTEREST STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE COMITTEE MEETS, REVIEWS THE PERFORMANCE, AND VOTES ON THE EXECUTIVE DIRECTOR'S YEARLY INCREASE IN SALARY. BENCHMARKING IS PERFORMED TO ENSURE COMPENSATION IS APPROPRIATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE TO INTERESTED PARTIES UPON REQUEST AND ARE AVAILABLE FOR PUBLIC INSPECTION ON THE ORGANIZATION'S WEBSITE AND GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0VISIT BELO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BELOIT CONVENTION AND VISITORS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0BUREAU CHARITABLE FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0391590764
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TOURISM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0656 PLEASENT ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BELOIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd053511
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0867934
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0BELOIT CONVENTION AND VISITORS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine2Txt0BUREAU CHARITBLE FOUNDATION INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0R
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0true
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01312827
IRS990/TotalAssetsEOYAmt01415103
IRS990/TotalAssetsGrp/BOYAmt01312827
IRS990/TotalAssetsGrp/EOYAmt01415103
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0100278
IRS990/TotalEmployeeCnt017
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01903358
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0102680
IRS990/TotalLiabilitiesEOYAmt0831304
IRS990/TotalLiabilitiesGrp/BOYAmt0102680
IRS990/TotalLiabilitiesGrp/EOYAmt0831304
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01210147
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0583799
IRS990/TotalOtherCompensationAmt010571
IRS990/TotalProgramServiceExpensesAmt01767417
IRS990/TotalProgramServiceRevenueAmt01135238
IRS990/TotalReportableCompFromOrgAmt092540
IRS990/TotalRevenueGrp/ExclusionAmt011960
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01164772
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01277010
IRS990/TotalVolunteersCnt017
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01312827
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01415103
IRS990/TravelGrp/TotalAmt021266
IRS990/TypeOfOrganizationCorpInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,415,103
Liabilities
$831,304
Net assets
$583,799
Revenue
$1,277,010
Expenses
$1,903,358
Net income
-$626,348
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.83$0.58$1.28$1.90$0.63
2023Summary only. Only limited summary data is available for this year.$1.31$0.10$1.21$1.26$1.16$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.10$1.15$1.44$1.09$0.35
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.13$0.86$1.06$0.73$0.33