Civic Intelligence

Eugenespringfield Convention & Visitors Bureau Inc

990 • Fiscal year 2020 • EIN 93-0751310

Jul 01, 2019 to Jun 30, 2020 • Filed on May 05, 2021

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

54th percentile

0.18x

Higher debt load relative to assets than 54% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

41st percentile

0.13x

Higher debt load relative to revenue than 41% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Net Margin

29th percentile

-1.2%

Higher net margin than 29% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

48th percentile

$137,559

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Asset Growth

51st percentile

5.5%

Faster asset growth than 51% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

28th percentile

-20%

Faster revenue growth than 28% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,888,676

Up $99,247 (+5.5%) from 2019

Net Assets

Up

$1,550,027

Up $1,690 (+0.1%) from 2019

Liabilities

Up

$338,649

Up $97,557 (+40%) from 2019

Revenue

Down

$2,531,650

Down $625,756 (-20%) from 2019

Expenses

Down

$2,562,635

Down $498,710 (-16%) from 2019

Net Income

Down

-$30,985

Down $127,046 (-132%) from 2019

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

2020

Assets$1,888,676
Liabilities$338,649
Net Assets$1,550,027

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

2020

Revenue$2,531,650
Expenses$2,562,635
Net Income-$30,985
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 5, 2021
Return Version
2019v5.0
Gross Receipts
$2,531,650
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$946,960$924,321▼ $22,639
Cash and Non-Interest-Bearing Accounts$53,847$476,646▲ $422,799
Accounts Receivable$585,988$301,676▼ $284,312
Inventories for Sale or Use$53,558$90,148▲ $36,590
Land, Buildings, and Equipment, Net$81,309$60,222▼ $21,087
Prepaid Expenses and Deferred Charges$67,767$35,663▼ $32,104
Total Assets$1,789,429$1,888,676▲ $99,247
Liabilities
Accounts Payable and Accrued Expenses$241,092$189,047▼ $52,045
Other Liabilities-$149,602-
Total Liabilities$241,092$338,649▲ $97,557
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,313,986$1,314,167▲ $181
Net Assets With Donor Restrictions$234,351$235,860▲ $1,509
Total Net Assets Fund Balance$1,548,337$1,550,027▲ $1,690
Total Liabilities and Net Assets / Fund Balance$1,789,429$1,888,676▲ $99,247

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,382$315,159$324,541
Leasehold Improvements$50,840$152,999$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
$2,522,382
Investment Income
$7,504
Other Revenue
$1,764
Change in Net Assets
$-30,985

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,531,650
Revenue Not Reported on Form 990
$118,461
Total Revenue per Audited Statements
$2,650,111
Total Revenue per Form 990
$2,531,650
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,435,256
Other Expenses$1,127,379
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$904,144$65,377-$969,521
Advertising$266,741--$266,741
Office Expenses$182,730$8,564-$191,294
Other Employee Benefits$163,156$14,099-$177,255
Occupancy$134,772$6,635-$141,407
Current Officers, Directors, Trustees, and Key Employees$117,908$19,651-$137,559
All Other Expenses$116,547$12,608-$129,155
Payroll Taxes$99,125$8,566-$107,691
Travel$36,100$12,102-$48,202
Other Expenses$42,808$750-$43,558
Pension Plan Contributions$40,361$2,869-$43,230
Depreciation Depletion$23,477$1,672-$25,149
Fees for Services Accounting$9,620$729-$10,349
Insurance$7,468$538-$8,006
Fees for Services Other$2,248$171-$2,419
Total Functional Expenses$2,400,297$162,338$0$2,562,635

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,648,421
Expenses per Audited Statements$2,562,635
Total Expenses per Form 990$2,562,635
Expenses Not Reported on Form 990$85,786
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$49,439
Dana Turell Pre Turell Group LLCDirectorAdvertising ServicesNo$28,078
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sba Loan Payable$149,602
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 35% controlled entity
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
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
2021-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kari Westlund
Formed
1979
Legal Domicile
Or
Voting Board Members
31
Independent Board Members
30
Employees
28
Volunteers
30

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 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 25 conventions with projected delegates of 11,353 and an estimated economic impact of 5.9 million. Digital advertising generated 2.2 million impressions and 20,481 clicks. Earned media generted 185,015 impressions from 5 articles with an estimated value of 21,944. Website sessions increased 9% from 2019 to 36,105.

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 634 partners. Presentations were made to community groups and city councils. Earned media efforts secured 116 stories with a reach of 9.3 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 974,000 web sessions,47.7k total video views and 691 new images 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. In a normal year,information is also provided through mobile outreach services with our visitor van and information booths at events. Visitor services had 9,763 direct contacts in market.

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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/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
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IRS990/MissionDesc0THE 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.
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Document Assets

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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