Civic Intelligence

Eugenespringfield Convention & Visitors Bureau Inc

990 • Fiscal year 2023 • EIN 93-0751310

Jul 01, 2022 to Jun 30, 2023 • Filed on May 14, 2024

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

43rd percentile

0.17x

Higher debt load relative to assets than 43% of similar nonprofits.

2023 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

36th percentile

0.21x

Higher debt load relative to revenue than 36% of similar nonprofits.

2023 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2023

Net Margin

72nd percentile

12%

Higher net margin than 72% of similar nonprofits.

2023 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

20th percentile

$146,455

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2023 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2023

Asset Growth

88th percentile

29%

Faster asset growth than 88% of similar nonprofits.

2023 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

19th percentile

-4.9%

Faster revenue growth than 19% of similar nonprofits.

2023 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$5,197,818

Up $1,180,410 (+29%) from 2022

Net Assets

Up

$4,290,265

Up $510,007 (+13%) from 2022

Liabilities

Up

$907,553

Up $670,403 (+283%) from 2022

Revenue

Down

$4,295,511

Down $222,828 (-4.9%) from 2022

Expenses

Up

$3,785,504

Up $917,591 (+32%) from 2022

Net Income

Down

$510,007

Down $1,140,419 (-69%) from 2022

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

2023

Assets$5,197,818
Liabilities$907,553
Net Assets$4,290,265

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

2023

Revenue$4,295,511
Expenses$3,785,504
Net Income$510,007
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 14, 2024
Return Version
2022v5.0
Gross Receipts
$4,295,925
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$2,071,633$2,676,169▲ $604,536
Pledges and Grants Receivable-$1,737,883-
Accounts Receivable$892,818--
Inventories for Sale or Use$98,485$71,925▼ $26,560
Prepaid Expenses and Deferred Charges$21,162$28,749▲ $7,587
Land, Buildings, and Equipment, Net$2,328$1,061▼ $1,267
Cash and Non-Interest-Bearing Accounts$930,982$220▼ $930,762
Total Assets$4,017,408$5,197,818▲ $1,180,410
Other Assets Total-$681,811-
Liabilities
Other Liabilities-$683,340-
Accounts Payable and Accrued Expenses$237,150$224,213▼ $12,937
Total Liabilities$237,150$907,553▲ $670,403
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,547,755$3,521,829▼ $25,926
Net Assets With Donor Restrictions$232,503$768,436▲ $535,933
Total Net Assets Fund Balance$3,780,258$4,290,265▲ $510,007
Total Liabilities and Net Assets / Fund Balance$4,017,408$5,197,818▲ $1,180,410

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,061$142,524$143,585
Other Assets Org$681,811--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kari WestlundPresident, CFT$136,292$10,163$146,455

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Simpleview INCDigital Svcs8950 N ORACLE RD, Tuscon, AZ 85704$219,727
SojernDigital MarketPO BOX 87105, Lincoln, NE 68501$137,392
Revenue and Support

Revenue Composition

Contributions and Grants
$116,863
Program Service Revenue
$4,147,959
Investment Income
$27,443
Other Revenue
$3,246
All Other Contributions
$116,863
Change in Net Assets
$510,007

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Books and Publications$116,863Vendor Invoice
Total Noncash Contributions$116,863-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,295,925
Revenue Not Reported on Financial Statements
$-414
Revenue Not Reported on Form 990
$35,384
Other Revenue Adjustments
$-414
Total Revenue per Audited Statements
$4,331,309
Total Revenue per Form 990
$4,295,511
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,072,922
Salaries, Compensation, and Employee Benefits$1,690,239
Grants and Similar Amounts Paid$22,343
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,080,234$82,524-$1,162,758
Advertising$858,324--$858,324
All Other Expenses$209,639$27,676-$237,315
Other Employee Benefits$179,850$20,187-$200,037
Office Expenses$178,868$9,966-$188,834
Current Officers, Directors, Trustees, and Key Employees$125,950$20,506-$146,456
Payroll Taxes$111,669$12,554-$124,223
Other Expenses$117,023$12,671-$117,023
Occupancy$93,707$8,831-$102,538
Travel$65,729$9,291-$75,020
Pension Plan Contributions$51,399$5,366-$56,765
Grants to Domestic Orgs$22,343--$22,343
Fees for Services Accounting$13,211$1,285-$14,496
Insurance$6,806$531-$7,337
Fees for Services Other$6,152$599-$6,751
Depreciation Depletion$766$86-$852
Total Functional Expenses$3,573,431$212,073$0$3,785,504

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,821,302
Expenses per Audited Statements$3,785,504
Total Expenses per Form 990$3,785,504
Expenses Not Reported on Form 990$35,798
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
Operating Lease Obligations$683,340
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 is sent to all board members. Evaluations are returned to the board treasurer for compilation into one summary document. The summary document is reviewed by the executive committee. Any change in compensation is recommended and approved by the executive committee and then presented to the ceo by the board chair.

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

The ceo conducts a review of comparability data by position; the board approves compensation in total.

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
2024-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kari Westlund
Formed
1979
Legal Domicile
Or
Voting Board Members
30
Independent Board Members
30
Employees
25
Volunteers
40

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 new group bookings were up 20% over last year and although room nights were slightly down from last year, the estimated economic impact was up slightly at a solid 9,8 million. Convention marketing exceeded it's website impressions goal with an average of 3,733 impressions per month.

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 566 partners. Presentations were made to community groups and city councils. Earned media efforts secured 70 placements with a reach of 58 million impressions. Integrated marketing - manage and maximize capabilities of centralized technology platforms (crm, cms, websites, e-mail and youtube). Manage photos, videos and graphics. Highlights include a record setting 1.1 million users visited the website with more than 1.4 million sessions over the fiscal year. 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.

Form 990, Part XI, Line 9

Loss on asset disposal 414 loss on asset disposal -414

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

Loss on asset disposal -414

Schedule D, Page 4, Part XII, Line 2D

Loss on asset disposal 414

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IRS990/Form990PartVIISectionAGrp/PersonNm10ROBERT CANAGA
IRS990/Form990PartVIISectionAGrp/PersonNm11JULIE COLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm12MIKE DRENNAN
IRS990/Form990PartVIISectionAGrp/PersonNm13TOM DRISCOLL
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IRS990/Form990PartVIISectionAGrp/PersonNm17JONNIE HELFRICH
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IRS990/Form990PartVIISectionAGrp/PersonNm20JERI MCPHERSON
IRS990/Form990PartVIISectionAGrp/PersonNm21MICHAEL NEWMAN
IRS990/Form990PartVIISectionAGrp/PersonNm22LORRIE NORMANN
IRS990/Form990PartVIISectionAGrp/PersonNm23TINA PATEL
IRS990/Form990PartVIISectionAGrp/PersonNm24DAVID PENILTON
IRS990/Form990PartVIISectionAGrp/PersonNm25KARI PRESTON
IRS990/Form990PartVIISectionAGrp/PersonNm26BEV SMITH
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IRS990/Form990PartVIISectionAGrp/PersonNm29CAROL TANNENBAUM
IRS990/Form990PartVIISectionAGrp/PersonNm30MAYOR LUCY VINIS
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT, C
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
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IRS990/Form990TFiledInd0true
IRS990/FormationYr01979
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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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IRS990/OccupancyGrp/ProgramServicesAmt093707
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IRS990/OfficeExpensesGrp/ProgramServicesAmt0178868
IRS990/OfficeExpensesGrp/TotalAmt0188834
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IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt0200037
IRS990/OtherExpensesGrp/Desc0MEETINGS, HOSTINGS, MKTG
IRS990/OtherExpensesGrp/Desc1COLLATERAL
IRS990/OtherExpensesGrp/Desc2IN-KIND BROCHURES

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