Quad Cities Convention And Visitors Bureau
- Assets
- $1.2m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 16
- Location
- Moline, IL
- Founding
- 02/1987
- Data as of
- 06/2022
- EIN
- 36-3355709
Organization Overview
Quad Cities Convention And Visitors Bureau is located in Moline, IL. The organization was established in 1987. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Quad Cities Convention And Visitors Bureau employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quad Cities Convention And Visitors Bureau 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, Quad Cities Convention And Visitors Bureau generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 2.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
QUAD CITIES CONVENTION AND VISITORS BUREAU D/B/A VISIT QUAD CITIES ENHANCES THE REGION'S QUALITY OF LIFE AND CREATES ECONOMIC DEVELOPMENT OPPORTUNITIES THROUGH TOURISM AND INSPIRE AND BUILD OUR MISSISSIPPI RIVER REGIONAL DESTINATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CONDUCTS TARGETED ADVERTISING AND BRAND PROMOTION TO MEETING AND CONVENTION PROFESSIONALS, TOUR AND TRAVEL OPERATORS, LEISURE AND BUSINESS TRAVELERS, AND EVENT ORGANIZERS TO ATTRACT BUSINESS OPPORTUNITIES TO THE QUAD CITIES REGION.
THE ORGANIZATION PARTICIPATES IN TOURISM EVENTS AND TRAVEL/TRADE SHOWS WHICH RESULT IN SALES LEADS TO THE COMMUNITY.
THE ORGANIZATION OPERATES THREE DESTINATION CENTERS WHICH PROVIDE QUAD CITIES INFORMATION TO VISITORS AND RESIDENTS IN THE REGION. THE CENTERS ARE LOCATED IN DOWNTOWN, MOLINE, IL, DOWNTOWN, ROCK ISLAND, IL, AND DOWNTOWN, DAVENPORT, IA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Herrell President & | Officer | 2 | $139,296 |
Ben Leischner Second Vice | OfficerTrustee | 1 | $0 |
Maria Ontiveros Treasurer | OfficerTrustee | 1 | $0 |
Corri Spiegel Secretary | OfficerTrustee | 1 | $0 |
Kai Swanson Chairman | OfficerTrustee | 1 | $0 |
Neil Dahlstrom Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $52,437 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,691,314 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,117 |
| Noncash contributions included in lines 1a–1f | $2,917 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,765,868 |
| Total Program Service Revenue | $101,133 |
| Investment income | $2,241 |
| 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 | -$2,800 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,881,191 |
| 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. | $166,159 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $541,170 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $100,995 |
| Payroll taxes | $51,245 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $519,110 |
| Office expenses | $54,457 |
| Information technology | $49,827 |
| Royalties | $0 |
| Occupancy | $122,927 |
| Travel | $44,084 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,353 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,501 |
| Insurance | $18,347 |
| All other expenses | $0 |
| Total functional expenses | $1,807,148 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $628,964 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $484,302 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,867 |
| Prepaid expenses and deferred charges | $37,519 |
| Net Land, buildings, and equipment | $67,987 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,224,639 |
| Accounts payable and accrued expenses | $107,434 |
| Grants payable | $0 |
| Deferred revenue | $15,500 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $132,033 |
| Total liabilities | $254,967 |
| Net assets without donor restrictions | $969,672 |
| 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 | $1,224,639 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Quad Cities Convention And Visitors Bureau has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Moline Foundation Moline, IL | | $7,500 |
Moline Foundation Moline, IL | | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Chamber Of Commerce Inc Indianapolis, IN | $7,894,910 | $10,261,881 |
Greater Indianapolis Chamber Of Commerce Inc Indianapolis, IN | $15,080,070 | $11,498,115 |
German-American Chamber Of Commerce Of The Midwest Chicago, IL | $9,537,423 | $9,672,106 |
Greater Milwaukee Convention & Visitors Bureau Inc Milwaukee, WI | $13,303,680 | $5,924,757 |
The Chicago Association Of Realtors Inc Chicago, IL | $11,107,922 | $7,821,690 |
Illinois Small Business Growth Corporation Springfield, IL | $2,478,514 | $7,890,542 |
Mainstreet Organization Of Realtors Downers Grove, IL | $23,598,352 | $9,176,226 |
International Society Of Transport Aircraft Traders Chicago, IL | $15,949,487 | $6,305,891 |
Indiana Association Of Realtors Inc Indianapolis, IN | $16,694,252 | $6,642,922 |
Better Business Bureau Of Greater St Louis Inc St Louis, MO | $4,281,553 | $5,139,066 |
Louisville Chamber Of Commerce Inc Louisville, KY | $4,510,911 | $5,726,033 |
Springfield Convention And Visitors Springfield, MO | $1,284,082 | $4,581,352 |