Civic Intelligence

Fairbanks Convention and Visitors Bureau

990 • Fiscal year 2012 • EIN 92-0063463

Jan 01, 2012 to Dec 31, 2012 • Filed on May 31, 2013

101 Dunkel Street SuiteRoom/Suite 11199701-4806
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$1,127,058

Flat from 2012

Net Assets

Flat

$853,536

Flat from 2012

Liabilities

Flat

$273,522

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$3,162,628

Flat from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,174,977Liabilities 2011: $195,324Net Assets 2011: $979,6532011Assets 2012: $1,127,058Liabilities 2012: $273,522Net Assets 2012: $853,5362012Assets 2012: $1,127,058Liabilities 2012: $273,522Net Assets 2012: $853,5362012Assets 2013: $950,551Liabilities 2013: $228,152Net Assets 2013: $722,3992013Assets 2014: $1,264,574Liabilities 2014: $407,743Net Assets 2014: $856,8312014Assets 2015: $1,540,664Liabilities 2015: $382,080Net Assets 2015: $1,158,5842015Assets 2016: $1,932,377Liabilities 2016: $355,564Net Assets 2016: $1,576,8132016Assets 2017: $2,104,404Liabilities 2017: $330,836Net Assets 2017: $1,773,5682017Assets 2018: $2,351,809Liabilities 2018: $291,500Net Assets 2018: $2,060,3092018Assets 2019: $2,752,602Liabilities 2019: $469,115Net Assets 2019: $2,283,4872019Assets 2020: $2,713,428Liabilities 2020: $564,118Net Assets 2020: $2,149,3102020Assets 2021: $2,458,123Liabilities 2021: $299,338Net Assets 2021: $2,158,7852021Assets 2022: $4,131,768Liabilities 2022: $348,552Net Assets 2022: $3,783,2162022Assets 2023: $6,437,421Liabilities 2023: $527,164Net Assets 2023: $5,910,2572023Assets 2024: $7,701,793Liabilities 2024: $1,542,415Net Assets 2024: $6,159,3782024

Highlighted filing

2012

Assets$1,127,058
Liabilities$273,522
Net Assets$853,536

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,757,269Expenses 2011: $2,849,518Net Income 2011: -$92,2492011Expenses 2012: $3,162,6282012Revenue 2012: $3,036,511Expenses 2012: $3,162,628Net Income 2012: -$126,1172012Revenue 2013: $2,937,990Expenses 2013: $3,069,127Net Income 2013: -$131,1372013Revenue 2014: $3,082,012Expenses 2014: $2,947,580Net Income 2014: $134,4322014Revenue 2015: $3,326,599Expenses 2015: $3,024,846Net Income 2015: $301,7532015Revenue 2016: $3,766,279Expenses 2016: $3,348,050Net Income 2016: $418,2292016Revenue 2017: $3,540,761Expenses 2017: $3,344,006Net Income 2017: $196,7552017Revenue 2018: $3,909,540Expenses 2018: $3,622,799Net Income 2018: $286,7412018Revenue 2019: $3,945,819Expenses 2019: $3,722,641Net Income 2019: $223,1782019Revenue 2020: $2,660,523Expenses 2020: $2,794,701Net Income 2020: -$134,1782020Revenue 2021: $5,662,617Expenses 2021: $5,785,752Net Income 2021: -$123,1352021Revenue 2022: $4,788,348Expenses 2022: $3,544,488Net Income 2022: $1,243,8602022Revenue 2023: $5,633,326Expenses 2023: $4,076,910Net Income 2023: $1,556,4162023Revenue 2024: $5,138,798Expenses 2024: $4,780,320Net Income 2024: $358,4782024

Highlighted filing

2012

Revenue-
Expenses$3,162,628
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
May 31, 2013
Return Version
2012v2.1
Gross Receipts
$3,037,372
Mission and Program Overview

Mission

To be an economic driver in the fairbanks region by marketing to potential visitors and optimizing the visitor experience.

Filing and Contact Details

Filer

EIN
92-0063463
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IRS990ScheduleO/GeneralExplanation/Explanation0ALL FCVB'S MEMBERS ARE PERMITTED TO VOTE IN ELECTION OF BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation1THE BOARD OF DIRECTORS REVIEWS THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/GeneralExplanation/Explanation2BOARD MEMBERS ARE REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICT DURING EACH BOARD MEETING.
IRS990ScheduleO/GeneralExplanation/Explanation3FOR THE PRESIDENT AND CEO COMPENSATION, THE BOARD OF DIRECTORS REVIEW THE DESTINATION MARKETING ASSOCIATION INTERNATIONAL (DMAI) REPORTS, WHICH IS A BIENNIAL SALARY AND BENEFITS SURVEY OF CONVENTION AND VISITORS BUREAUS. ADDITIONAL FACTORS CONSIDERED BY THE BOARD ARE LONGEVITY AND THE MERIT PERFORMANCE OF THE CEO AS WELL AS ANECDOTAL KNOWLEDGE OF COMPARABLE POSITIONS IN THE COMMUNITY.
IRS990ScheduleO/GeneralExplanation/Explanation4DURING THE BUDGETING PROCESS FOR THE UPCOMING CALENDAR YEAR, COMPENSATIONS ARE REVIEWED ANNUALLY BY THE PRESIDENT AND CEO AND DIRECTOR OF FINANCE & ADMINISTRATION IN REFERENCE TO THE MOST RECENT REPORT BY THE DMAI. ALSO, TAKEN INTO CONSIDERATION ARE CURRENT WAGES WITHIN THE ORGANIZATION FOR COMPATIBLE WORK, LONGEVITY, AND MERIT PERFORMANCE AMONG EMPLOYEES. FINALLY, THE ANNUAL PROJECTED BUDGET FIGURES ARE REVIEWED AND THE ORGANIZATION SEEKS TO HAVE THE PERCENT DEDICATED TO PERSONNEL IN LINE WITH THE DMAI SURVEY, USUALLY NO MORE THAN 40% OF THE ENTIRE BUDGET.
IRS990ScheduleO/GeneralExplanation/Explanation5FCVB'S FINANCIAL STATEMENTS ARE AVAILABLE IN THE ANNUAL REPORT.
IRS990ScheduleO/GeneralExplanation/Identifier0ELECTION OF MEMBERS AND THEIR RIGHTS
IRS990ScheduleO/GeneralExplanation/Identifier1ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier2ENFORCEMENT OF CONFLICTS POLICY
IRS990ScheduleO/GeneralExplanation/Identifier3COMPENSATION PROCESS FOR TOP OFFICIAL
IRS990ScheduleO/GeneralExplanation/Identifier4COMPENSATION PROCESS FOR OFFICERS
IRS990ScheduleO/GeneralExplanation/Identifier5GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TheBooksAreInCareOf/AddressUS/City0FAIRBANKS
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.70$1.54$6.16$5.14$4.78$0.36
2023Detailed filing. Detailed filing data is available for this year.$6.44$0.53$5.91$5.63$4.08$1.56
2022Detailed filing. Detailed filing data is available for this year.$4.13$0.35$3.78$4.79$3.54$1.24
2021Detailed filing. Detailed filing data is available for this year.$2.46$0.30$2.16$5.66$5.79$0.12
2020Detailed filing. Detailed filing data is available for this year.$2.71$0.56$2.15$2.66$2.79$0.13
2019Detailed filing. Detailed filing data is available for this year.$2.75$0.47$2.28$3.95$3.72$0.22
2018Detailed filing. Detailed filing data is available for this year.$2.35$0.29$2.06$3.91$3.62$0.29
2017Detailed filing. Detailed filing data is available for this year.$2.10$0.33$1.77$3.54$3.34$0.20
2016Detailed filing. Detailed filing data is available for this year.$1.93$0.36$1.58$3.77$3.35$0.42
2015Detailed filing. Detailed filing data is available for this year.$1.54$0.38$1.16$3.33$3.02$0.30
2014Detailed filing. Detailed filing data is available for this year.$1.26$0.41$0.86$3.08$2.95$0.13
2013Detailed filing. Detailed filing data is available for this year.$0.95$0.23$0.72$2.94$3.07$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.27$0.85$3.16
2012Summary only. Only limited summary data is available for this year.$1.13$0.27$0.85$3.04$3.16$0.13
2011Summary only. Only limited summary data is available for this year.$1.17$0.20$0.98$2.76$2.85$0.09