Lackawanna County Convention
- Assets
- $1.5m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 7
- Location
- Scranton, PA
- Founding
- 10/1994
- Data as of
- 06/2022
- EIN
- 23-2690309
Organization Overview
Lackawanna County Convention is located in Scranton, PA. The organization was established in 1994. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Lackawanna County Convention employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lackawanna County Convention is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Lackawanna County Convention generated $1.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF TOURISM IN LACKAWANNA COUNTY AND SURROUNDING AREAS OF NORTHEASTERN PENNSYLVANIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF TOURISM IN LACKAWANNA COUNTY AND SURROUNDING AREAS OF NORTHEAST PENNSYLVANIA BY MARKETING LOCAL ATTRACTIONS, FACILITIES AND PROPERTIES, UTLIZING NATIONAL MARKETING AND ADVERTISING OUTLETS AND PROMOTIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Curt Camoni Executive Director | 40 | $97,500 | |
Alex Hazzouri Assistant Secretary/assistant Treasurer | OfficerTrustee | 2 | $0 |
Stacey Frezzolini Vice President | OfficerTrustee | 2 | $0 |
Fran Pantuso President | OfficerTrustee | 2 | $0 |
Jeremy Ruby Secretary | OfficerTrustee | 2 | $0 |
Mary Ann Savakinus Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,893 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,893 |
| Total Program Service Revenue | $1,635,054 |
| Investment income | $424 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,642,371 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $340,024 |
| Pension plan accruals and contributions | $9,445 |
| Other employee benefits | $67,958 |
| Payroll taxes | $29,448 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,600 |
| Fees for services: Accounting | $8,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $507,982 |
| Office expenses | $37,940 |
| Information technology | $9,815 |
| Royalties | $0 |
| Occupancy | $25,200 |
| Travel | $3,093 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,994 |
| Insurance | $7,866 |
| All other expenses | $87 |
| Total functional expenses | $1,192,028 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $911,085 |
| Savings and temporary cash investments | $103,967 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $306,838 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $178,305 |
| Net Land, buildings, and equipment | $27,681 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $12,099 |
| Other assets | $0 |
| Total assets | $1,539,975 |
| Accounts payable and accrued expenses | $37,296 |
| Grants payable | $0 |
| Deferred revenue | $5,891 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $193,187 |
| Net assets without donor restrictions | $1,346,788 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,539,975 |
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