Tc Convention & Visitors Bureau

Organization Overview

Tc Convention & Visitors Bureau, operating under the name Traverse City Tourism Corporation, is located in Traverse City, MI. The organization was established in 1985. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Traverse City Tourism Corporation employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Traverse City Tourism Corporation 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 12/2021, Traverse City Tourism Corporation generated $8.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $6.5m during the year ending 12/2021. While expenses have increased by 2.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE, PROTECT, AND ENHANCE THE TRAVERSE CITY REGION, SECURING OUR POSITION AS A PREMIER, FOUR-SEASON DESTINATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

A BULK OF OUR MARKETING EFFORTS ARE IN THE LEISURE TRAVEL MARKET. WE MARKET TO DIFFERENT DEMOGRAPHICS DEPENDING ON THE TIME OF YEAR. FOR EXAMPLE, IN SPRING, FALL AND WINTER WE TARGET GEN-X AND BOOMERS AS WELL AS MILLENNIALS. IN SUMMER, WE TARGET MILLENNIALS AND FAMILIES. PRIMARILY WE PROMOTE WINE AND CULINARY OFFERINGS, OUTDOOR RECREATION, EVENTS, GOLF AND SLEEPING BEAR DUNES; SECONDARY PROMOTIONS INCLUDE SHOPPING, ENTERTAINMENT, AND CASINOS. WE TAKE A DICHOTOMOUS APPROACH TO MARKETING-- POINTING OUT THAT VISITORS CAN ENJOY BOTH AN INDOOR AND OUTDOOR EXPERIANCES IN ONE TRIP. TRAVERSE CITY TOURISM HAS A ROBUST MEETING, GROUP SALES AND SERVICES DEPARTMENT. OUR GOAL IS TO ATTRACT MEETINGS IN OFF PEAK TIMES FOR OUR HOTELS, BOTH MEETING AND SELECT SERVICE PROPERTIES, FROM WITHIN THE STATE, REGIONALLY AND NATIONALLY. TARGET MARKETS INCLUDE STATE, REGIONAL AND NATIONAL ASSOCIATIONS, CORPORATE, SMERF (SOCIAL, MILITARY, EDUCATION, RELIGIOUS, AND FRATERNAL), SPORTS, AND GROUP TOUR. OUR MAIN FOCUS IS OUR "DRIVE MARKETS" INCLUDING MICHIGAN, ILLINOIS, INDIANA, OHIO, AND SOME PARTS OF PENNSYLVANIA FOR OUR SPRING, FALL AND WINTER MARKETING. WE PROMOTE TO FLY-IN MARKETS BY EXPANDING PROMOTIONS TO INCLUDE ATLANTA, NEW YORK, DENVER, DALLAS, MINNEAPOLIS, CHARLOTTE, WASHINGTON, PHOENIX, AND SEVERAL MARKETS IN FLORIDA. WE ARE ALSO A PART OF A MARKETING PARTNERSHIP KNOWN AS DISCOVER NORTHERN MICHIGAN WHICH INCLUDES THE CVB'S OF GAYLORD, CHARLEVOIX, PETOSKEY, AND MACKINAC ISLAND. THIS IS A COOPERATIVE MARKETING PARTNERSHIP IN COOPERATION WITH TRAVEL MICHIGAN, TO HELP PROMOTE TO THE DALLAS AREA WHICH HAS A DIRECT FLIGHT TO TRAVERSE CITY'S CHERRY CAPITAL AIRPORT IN THE SUMMER MONTHS. WE ALSO HAVE A NATIONAL AND INTERNATIONAL AWARENESS COMPAIGN WITH PURE MICHIGAN.


WE USE GOOGLE ANALYTICS, ADARA, SMITH TRAVEL RESEARCH AND OTHER ANALYTICS FROM VENDORS TO TRACK OUR MARKETING EFFORTS. ONE OF THE BEST INDICATORS OF EFFECTIVENESS IS MONITORING OUR MONTHLY ASSESSMENT COLLECTION TO ANALYZE YEAR-OVER-YEAR REVENUES. WE PARTNER WITH OTHER ORGANIZATIONS, PARTICULARLY AROUND EVENTS AND AIR TRAVEL, TO COLLECT DATA FROM THEIR VISITING USER GROUPS. WE ALSO SEEK OUT ANECDOTAL INFORMATION FROM OUR MEMBERS TO HELP DETERMINE WHAT THEY ARE OBSERVING AND TO CORROBORATE THE DATA WITH PERSONAL EXPERIENCES AND MEMBER DATA.


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Board, Officers & Key Employees

Name (title)Compensation
Trevor Tkach
Executive Di
$221,823
Rob Rodenroth
Vice Chairma
$0
Fritz Heller
Immediate Pa
$0
Justin Mortier
Chairman
$0
Jonathan Pack
Secretary/tr
$0
Chris Ballou
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
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$0
Total Program Service Revenue$8,143,747
Investment income $76,356
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 $8,523,072

Grants Awarded

Over the last fiscal year, Tc Convention & Visitors Bureau has awarded $215,090 in support to 3 organizations.

Grant RecipientAmount

Traverse City, MI

PURPOSE: ARENA BOARDS

$110,000

TCCVB EDUCATION FOUNDATION

Org PageRecipient Profile

Traverse City, MI

PURPOSE: FUND OPERATIONS

$80,090

GT REGIONAL LAND CONSERVANCY

Org PageRecipient Profile

Traverse City, MI

PURPOSE: DONATION

$25,000
View Grant Profile

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