Civic Intelligence

Eugenespringfield Convention & Visitors Bureau Inc

990 • Fiscal year 2019 • EIN 93-0751310

Jul 01, 2018 to Jun 30, 2019 • Filed on May 01, 2020

754 Olive StEugene, OR 97401

(541) 484-5307

Siviq Scores

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

Liabilities / Assets

45th percentile

0.13x

Higher debt load relative to assets than 45% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

34th percentile

0.08x

Higher debt load relative to revenue than 34% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Net Margin

47th percentile

3.0%

Higher net margin than 47% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

49th percentile

$137,559

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Asset Growth

22nd percentile

-2.7%

Faster asset growth than 22% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

26th percentile

-3.0%

Faster revenue growth than 26% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,789,429

Down $49,317 (-2.7%) from 2018

Net Assets

Up

$1,548,337

Up $94,637 (+6.5%) from 2018

Liabilities

Down

$241,092

Down $143,954 (-37%) from 2018

Revenue

Down

$3,157,406

Down $98,041 (-3.0%) from 2018

Expenses

Up

$3,061,345

Up $35,218 (+1.2%) from 2018

Net Income

Down

$96,061

Down $133,259 (-58%) from 2018

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: $1,024,444Liabilities 2011: $138,874Net Assets 2011: $885,5702011Assets 2012: $1,067,184Liabilities 2012: $119,083Net Assets 2012: $948,1012012Assets 2013: $1,241,317Liabilities 2013: $132,983Net Assets 2013: $1,108,3342013Assets 2014: $1,338,163Liabilities 2014: $143,774Net Assets 2014: $1,194,3892014Assets 2015: $1,549,701Liabilities 2015: $189,048Net Assets 2015: $1,360,6532015Assets 2016: $1,626,510Liabilities 2016: $258,097Net Assets 2016: $1,368,4132016Assets 2017: $1,488,949Liabilities 2017: $252,538Net Assets 2017: $1,236,4112017Assets 2018: $1,838,746Liabilities 2018: $385,046Net Assets 2018: $1,453,7002018Assets 2019: $1,789,429Liabilities 2019: $241,092Net Assets 2019: $1,548,3372019Assets 2020: $1,888,676Liabilities 2020: $338,649Net Assets 2020: $1,550,0272020Assets 2021: $2,756,542Liabilities 2021: $662,089Net Assets 2021: $2,094,4532021Assets 2022: $4,017,408Liabilities 2022: $237,150Net Assets 2022: $3,780,2582022Assets 2023: $5,197,818Liabilities 2023: $907,553Net Assets 2023: $4,290,2652023Assets 2024: $6,058,507Liabilities 2024: $920,657Net Assets 2024: $5,137,8502024

Highlighted filing

2019

Assets$1,789,429
Liabilities$241,092
Net Assets$1,548,337

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,706,3472011Expenses 2012: $1,794,5242012Expenses 2013: $1,662,0962013Revenue 2014: $2,082,818Expenses 2014: $1,995,801Net Income 2014: $87,0172014Revenue 2015: $2,375,910Expenses 2015: $2,232,387Net Income 2015: $143,5232015Revenue 2016: $2,711,555Expenses 2016: $2,684,486Net Income 2016: $27,0692016Revenue 2017: $2,957,434Expenses 2017: $3,075,245Net Income 2017: -$117,8112017Revenue 2018: $3,255,447Expenses 2018: $3,026,127Net Income 2018: $229,3202018Revenue 2019: $3,157,406Expenses 2019: $3,061,345Net Income 2019: $96,0612019Revenue 2020: $2,531,650Expenses 2020: $2,562,635Net Income 2020: -$30,9852020Revenue 2021: $2,685,435Expenses 2021: $2,103,411Net Income 2021: $582,0242021Revenue 2022: $4,518,339Expenses 2022: $2,867,913Net Income 2022: $1,650,4262022Revenue 2023: $4,295,511Expenses 2023: $3,785,504Net Income 2023: $510,0072023Revenue 2024: $4,671,110Expenses 2024: $3,823,525Net Income 2024: $847,5852024

Highlighted filing

2019

Revenue$3,157,406
Expenses$3,061,345
Net Income$96,061
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 1, 2020
Return Version
2018v3.2
Gross Receipts
$3,157,745
Mission and Program Overview

Mission

The mission of travel lane county is to increase the number of overnight visitors to the eugene, cascades & coast region. Travel lane county is a recognized leader in achieving year-round economic growth throughout the eugene, cascades & coast region through innovative destination marketing, product development and exceptional visitor experiences. Eugene, cascades and coast is one of the most preferred travel destinations in the pacific northwest.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$634,420$946,960▲ $312,540
Accounts Receivable$803,509$585,988▼ $217,521
Land, Buildings, and Equipment, Net$109,777$81,309▼ $28,468
Prepaid Expenses and Deferred Charges$53,750$67,767▲ $14,017
Cash and Non-Interest-Bearing Accounts$183,923$53,847▼ $130,076
Inventories for Sale or Use$53,367$53,558▲ $191
Total Assets$1,838,746$1,789,429▼ $49,317
Liabilities
Accounts Payable and Accrued Expenses$385,046$241,092▼ $143,954
Total Liabilities$385,046$241,092▼ $143,954
Net Assets / Fund Balance
Unrestricted Net Assets$1,279,026$1,313,986▲ $34,960
Temporarily Rstr Net Assets$174,674$234,351▲ $59,677
Total Net Assets Fund Balance$1,453,700$1,548,337▲ $94,637
Total Liabilities and Net Assets / Fund Balance$1,838,746$1,789,429▼ $49,317

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$19,379$301,103$320,482
Leasehold Improvements$61,930$141,909$203,839
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kari WestlundPresident, CFT$128,566$8,993$137,559

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,149,722
Investment Income
$4,170
Other Revenue
$3,514
Change in Net Assets
$96,061

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,157,406
Revenue Not Reported on Form 990
$128,606
Total Revenue per Audited Statements
$3,286,012
Total Revenue per Form 990
$3,157,406
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,540,416
Other Expenses$1,520,929
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$993,014$57,590-$1,050,604
Advertising$540,333$11-$540,344
Office Expenses$175,410$6,293-$181,703
Other Employee Benefits$161,282$13,352-$174,634
Occupancy$134,026$6,160-$140,186
Current Officers, Directors, Trustees, and Key Employees$117,908$19,651-$137,559
All Other Expenses$122,144$10,638-$132,782
Payroll Taxes$112,343$9,300-$121,643
Travel$65,870$24,605-$90,475
Other Expenses$31,648$28,940-$60,588
Pension Plan Contributions$51,696$4,280-$55,976
Fees for Services Other$19,065$12,747-$31,812
Depreciation Depletion$26,384$1,744-$28,128
Fees for Services Accounting-$11,150-$11,150
Insurance$6,347$460-$6,807
Total Functional Expenses$2,845,870$215,475$0$3,061,345

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,191,375
Expenses per Audited Statements$3,061,345
Total Expenses per Form 990$3,061,345
Expenses Not Reported on Form 990$130,030
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Richard Boyles Owner CrossroadsPast ChairAdv Center LeaseNo$48,729
Dana Turell Pre Turell Group LLCDirectorAdvertising ServicesNo$14,968
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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, Line 11B

Management and the board treasurer will review the 990. The final 990 will be provided to the board of directors before it is filed.

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

The organization regularly and consistently monitors the conflict of interest policy. They annually follow up with officers, directors, and employees on any conflicts of interest.

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

Annual evaluation sent to all board memebers; returned evaluations are complied into one summary document, which is reviewed by the executive committee. Any change in compensation is reviewed and approved by the executive committee. Evaluation is presented to the ceo by the board chair.

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

The organization uses a salary comparison survey to determine key employee compensation

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Eugenespringfield Convention &
EIN
93-0751310
Phone
5414845307
Address
754 OLIVE ST, EUGENE, OR 97401
Doing Business As
Travel Lane County

Signing Officer

Name
Kari Westlund
Title
President, CEO
Phone
5414845307
Signed
2020-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kari Westlund
Formed
1979
Legal Domicile
Or
Voting Board Members
30
Independent Board Members
28
Employees
35
Volunteers
48

Preparer

Firm
Jones & Roth Pc
Address
PO BOX 10086, EUGENE, OR 97440
Preparer
Fritz S Duncan
Phone
5416872320
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of travel lane county is to increase the number of overnight visitors to the eugene, cascades & coast region. Travel lane county is a recognized leader in achieving year-round economic growth throughout the eugene, cascades & coast region through innovative destination marketing, product development and exceptional visitor experiences. Eugene, cascades and coast is one of the most preferred travel destinations in the pacific northwest.

Form 990, Page 2, Part III, Line 4A

Tourism marketing - position the eugene, cascades & coast region as a leisure travel destination which includes marketing to individual travelers, travel trade and media through advertising, trade shows, direct sales, public relations, social media and other internet based communications. The tourism marketing department serves as the local liaison for the oregon film & video office. During 2019, print advertising generated 21.6 million impressions and digital advertising generated 7.6 million impressions and 159,506 clicks. Earned media generated 782.7 million impressions from 87 articles with an estimated value of 5.9 million. 29,218 guides were mailed out and 90,000 distributed in racks

Form 990, Page 2, Part III, Line 4B

Convention sales & service - promotes the eugene, cascades & coast region as a convention/meeting event site. Advertising, trade shows, social media, e-news, familiarization and site inspection trips, public relations, and direct sales are all used to sell meeting and event planners who have confirmed lane county as the site for their convention or event. Some of the services provided by the department include registration assistance, convention planning, publicity, information desks, spouse/leisure activities & tours, and housing coordination. Highlights included the confirmation of 39 conventions with projected delegates of 19,911 and an estimated economic impact of 7.2 million. Digital advertising generated 1.5 million impressions and 21,798 clicks. Earned media generted 196,092 impressions from 7 articles with an estimated value of 13,066. Website sessions increased 97% from 2018 to 33,135.

Form 990, Page 2, Part III, Line 4D

Stakeholder relations - responsible for partnership sales and support and increasing awareness about travel lane county and the visitor industry to local elected officials, partners, employees, area media and the general public. Stakeholder relations provides internal and external reporting through the development of semi-annual and annual reports and monthly industry updates. Staff supports the efforts of convention, sports and leisure sales. In the past year organization membership ended at 646 partners. Presentations were made to community groups and city councils. Earned media efforts secured 123 stories with a reach of 14.3 million. Integrated marketing - manage and maximize capabilities of centralized technology platforms (crm, cms, websites, e-mail and youtube). Manage photos, videos and graphics. Highlights include 1,037,808 web sessions, up 13%, 53 new videos and 57 new filming locations added to asset library. Visitor services - provides expertise on lane county and the entire state of oregon to visitors to the area through our visitor center located in downtown eugene and our adventure center located in springfield, oregon. Information is also provided through mobile outreach services with our visitor van and information booths at events. This department also manages the fall foliage hotline for all of oregon. Visitor services had 16,299 direct contacts in market.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.06$0.92$5.14$4.67$3.82$0.85
2023Detailed filing. Detailed filing data is available for this year.$5.20$0.91$4.29$4.30$3.79$0.51
2022Detailed filing. Detailed filing data is available for this year.$4.02$0.24$3.78$4.52$2.87$1.65
2021Detailed filing. Detailed filing data is available for this year.$2.76$0.66$2.09$2.69$2.10$0.58
2020Detailed filing. Detailed filing data is available for this year.$1.89$0.34$1.55$2.53$2.56$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.79$0.24$1.55$3.16$3.06$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.84$0.39$1.45$3.26$3.03$0.23
2017Detailed filing. Detailed filing data is available for this year.$1.49$0.25$1.24$2.96$3.08$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.63$0.26$1.37$2.71$2.68$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.55$0.19$1.36$2.38$2.23$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.34$0.14$1.19$2.08$2.00$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.13$1.11$1.66
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.12$0.95$1.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.14$0.89$1.71