Civic Intelligence

San Mateo Co Convention & Visitors Bureau

990 • Fiscal year 2016 • EIN 95-2748198

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

111 Anza Blvd No 410Burlingame, CA 94010

(650) 348-7600

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

11th percentile

0.00x

Higher debt load relative to revenue than 11% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Net Margin

71st percentile

9.2%

Higher net margin than 71% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

73rd percentile

$207,978

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Asset Growth

82nd percentile

17%

Faster asset growth than 82% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

70th percentile

9.0%

Faster revenue growth than 70% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$2,021,470

Up $299,432 (+17%) from 2015

Net Assets

Up

$2,018,651

Up $298,953 (+17%) from 2015

Liabilities

Up

$2,819

Up $479 (+20%) from 2015

Revenue

Up

$3,031,777

Up $251,493 (+9.0%) from 2015

Expenses

Up

$2,753,028

Up $136,222 (+5.2%) from 2015

Net Income

Up

$278,749

Up $115,271 (+71%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,018,651Liabilities 2011: $1,307Net Assets 2011: $1,017,3442011Assets 2012: $1,254,869Liabilities 2012: $1,011Net Assets 2012: $1,253,8582012Assets 2013: $1,363,010Liabilities 2013: $2,446Net Assets 2013: $1,360,5642013Assets 2014: $1,573,593Liabilities 2014: $2,552Net Assets 2014: $1,571,0412014Assets 2015: $1,722,038Liabilities 2015: $2,340Net Assets 2015: $1,719,6982015Assets 2016: $2,021,470Liabilities 2016: $2,819Net Assets 2016: $2,018,6512016Assets 2017: $2,311,711Liabilities 2017: $3,080Net Assets 2017: $2,308,6312017Assets 2018: $2,406,780Liabilities 2018: $3,213Net Assets 2018: $2,403,5672018Assets 2019: $2,514,398Liabilities 2019: $6,528Net Assets 2019: $2,507,8702019Assets 2020: $1,744,032Liabilities 2020: $4,414Net Assets 2020: $1,739,6182020Assets 2021: $1,740,733Liabilities 2021: $13,877Net Assets 2021: $1,726,8562021Assets 2022: $1,093,812Liabilities 2022: $15,536Net Assets 2022: $1,078,2762022Assets 2023: $785,733Liabilities 2023: $3,834Net Assets 2023: $781,8992023Assets 2024: $4,173,519Liabilities 2024: $345,002Net Assets 2024: $3,828,5172024

Highlighted filing

2016

Assets$2,021,470
Liabilities$2,819
Net Assets$2,018,651

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2011: $2,242,9782011Expenses 2012: $2,368,6222012Revenue 2013: $2,580,766Expenses 2013: $2,474,060Net Income 2013: $106,7062013Revenue 2014: $2,783,725Expenses 2014: $2,573,248Net Income 2014: $210,4772014Revenue 2015: $2,780,284Expenses 2015: $2,616,806Net Income 2015: $163,4782015Revenue 2016: $3,031,777Expenses 2016: $2,753,028Net Income 2016: $278,7492016Revenue 2017: $3,111,741Expenses 2017: $2,862,997Net Income 2017: $248,7442017Revenue 2018: $2,944,664Expenses 2018: $2,821,889Net Income 2018: $122,7752018Revenue 2019: $3,097,798Expenses 2019: $2,998,333Net Income 2019: $99,4652019Revenue 2020: $1,326,394Expenses 2020: $2,122,195Net Income 2020: -$795,8012020Revenue 2021: $1,689,422Expenses 2021: $1,717,537Net Income 2021: -$28,1152021Revenue 2022: $1,594,925Expenses 2022: $2,155,511Net Income 2022: -$560,5862022Revenue 2023: $2,070,327Expenses 2023: $2,412,932Net Income 2023: -$342,6052023Revenue 2024: $7,731,996Expenses 2024: $4,680,063Net Income 2024: $3,051,9332024

Highlighted filing

2016

Revenue$3,031,777
Expenses$2,753,028
Net Income$278,749
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$3,031,777
Mission and Program Overview

Mission

To advertise, publicize, promote, initiate, sponsor, and carry out plans, policies and activities that will tend to further the prosperity and development of the convention and visitor activities in san mateo county.

Further the prosperity and development of the convention and visitor activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,684,537$1,974,747▲ $290,210
Land, Buildings, and Equipment, Net$37,501$46,723▲ $9,222
Total Assets$1,722,038$2,021,470▲ $299,432
Liabilities
Other Liabilities$2,340$2,819▲ $479
Total Liabilities$2,340$2,819▲ $479
Net Assets / Fund Balance
Unrestricted Net Assets$1,719,698$2,018,651▲ $298,953
Total Net Assets Fund Balance$1,719,698$2,018,651▲ $298,953
Total Liabilities and Net Assets / Fund Balance$1,722,038$2,021,470▲ $299,432

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$20,471$182,322$202,793
Equipment$26,252$125,286$151,538
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anne LeclairPresident/CEOFT$205,578$2,400$207,978
Teipo BrownSales DirectorFT$107,832$2,400$110,232

Board Members and Trustees

NameTitle
Dana DahlChair
Clif ClarkChair-elect
Derek HudsonPast Chair
Irby MorvantVice Chair
Jim RebosioVice Chair
Kandace BenderVice Chair
Marty CerlesVice Chair
Barry OngerthBoard Member
Bill DixonBoard Member
Christine KupczakBoard Member
Daisy LiBoard Member
Jason DorfmanBoard Member
Jim EnsignBoard Member
John HutarBoard Member
John KellitesBoard Member
Linda LarsonBoard Member
Michael ForinoBoard Member
Michael MckeeBoard Member
Michael MelvilleBoard Member
Rudy OrtizBoard Member
Simone HarmsBoard Member
Stan MooreBoard Member
Trevor BridgeBoard Member
Yakub YakubiBoard Member
Mitch PostelSecretary
Jeffrey BassTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$55,279
Program Service Revenue
$2,323,752
Investment Income
$-834
Other Revenue
$653,580
Change in Net Assets
$278,749

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,031,777
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$20,204
Total Revenue per Audited Statements
$3,051,981
Total Revenue per Form 990
$3,031,777
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,406,281
Other Expenses$1,346,747
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,169,490
All Other Expenses---$251,762
Other Employee Benefits---$150,017
Occupancy---$120,507
Payroll Taxes---$86,774
Advertising---$39,846
Other Expenses---$35,373
Fees for Services Accounting---$25,868
Depreciation Depletion---$21,346
Fees for Service Investment Mgmnt Fees---$2,441
Total Functional Expenses$0$0$0$2,753,028

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,753,028
Total Expenses per Audited Statements$2,753,028
Total Expenses per Form 990$2,753,028
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Employer Profit Sharing Contribution Payable$2,786
Payroll Taxes Payable$33
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

2016 form 990 was reviewed in a board meeting before filing.

Form 990, Part VI, Section B, Line 12C

Staff and board members are reminded compliance with the conflict of interest policy at every meeting verbally and in writing.

Form 990, Part VI, Section B, Line 15A

The board reviews and approves compensation for officers and key employees using comparability data.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are available at the visitor center locations as well as primary office for the public upon request.

Filing and Contact Details

Filer

Filer Name
San Mateo Co Convention &
EIN
95-2748198
Phone
6503487600
Address
111 ANZA BLVD NO 410, BURLINGAME, CA 94010

Signing Officer

Name
Anne Leclair
Title
President
Phone
6503487600
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne Leclair
Formed
1971
Legal Domicile
CA
Voting Board Members
26
Independent Board Members
25
Employees
19
Volunteers
0

Preparer

Firm
Vocker Kristofferson and Co Cpas
Address
1700 S EL CAMINO REAL506, SAN MATEO, CA 94402
Preparer
Marianne Kristofferson
Phone
6505745000
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IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIR-ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt27SALES DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt026
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03031777
IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndivRcvdGreaterThan100KCnt02
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IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
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IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt02018651
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IRS990/NetUnrlzdGainsLossesInvstAmt020204
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt0150017
IRS990/OtherExpensesGrp/Desc0SHUTTLE ASSESSMENT FEES
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IRS990/OtherExpensesGrp/Desc2PRINTING AND PUBLICATIO
IRS990/OtherExpensesGrp/Desc3CONSUMER MARKETING
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IRS990/OtherExpensesGrp/TotalAmt1275476
IRS990/OtherExpensesGrp/TotalAmt257203
IRS990/OtherExpensesGrp/TotalAmt335373
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IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0SHUTTLE ASSESSMENT FEES
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IRS990/OtherRevenueMiscGrp/Desc2MIXERS AND ADVERTISING
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1110425
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IRS990/PoliticalCampaignActyInd00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt053213
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt053898
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt059503
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt063017
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0284910
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09329
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01759
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01839
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02304
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt038801
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt02973132
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt02702921
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt02728069
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt02519425
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt02539815
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt013463362
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt023570
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09329
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01759
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01839

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.17$0.35$3.83$7.73$4.68$3.05
2023Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.78$2.07$2.41$0.34
2022Detailed filing. Detailed filing data is available for this year.$1.09$0.02$1.08$1.59$2.16$0.56
2021Detailed filing. Detailed filing data is available for this year.$1.74$0.01$1.73$1.69$1.72$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.74$0.00$1.74$1.33$2.12$0.80
2019Detailed filing. Detailed filing data is available for this year.$2.51$0.01$2.51$3.10$3.00$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.41$0.00$2.40$2.94$2.82$0.12
2017Detailed filing. Detailed filing data is available for this year.$2.31$0.00$2.31$3.11$2.86$0.25
2016Detailed filing. Detailed filing data is available for this year.$2.02$0.00$2.02$3.03$2.75$0.28
2015Detailed filing. Detailed filing data is available for this year.$1.72$0.00$1.72$2.78$2.62$0.16
2014Detailed filing. Detailed filing data is available for this year.$1.57$0.00$1.57$2.78$2.57$0.21
2013Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$2.58$2.47$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.00$1.25$2.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.00$1.02$2.24