Go Cedar Rapids is located in Marion, IA. As of 06/2019, Go Cedar Rapids employed 32 individuals. Go Cedar Rapids 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 06/2019, Go Cedar Rapids generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $3.1m during the year ending 06/2019. While expenses have increased by 24.4% per year over the past 2 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING THE CEDAR RAPIDS AREA AS THE PREMIER DESTINATION FOR TRAVEL, TOURISM AND EVENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
GO CR EXISTS TO INCREASE TOURISM WITHIN CEDAR RAPIDS. THE ORGANIZATION CEASED OPERATIONS IN FISCAL YEAR 2019.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Arrington Board Member | Trustee | 1 | $0 |
Jay Anderkin Board Member | Trustee | 1 | $0 |
Kaitlin Byers Board Member | Trustee | 1 | $0 |
Lanisha Cassell Board Member | Trustee | 1 | $0 |
Matt Evans Board Member | Trustee | 1 | $0 |
Adam Gibbs Board Member | Trustee | 1 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Shpants Inc Talent For Evolve | 6/29/18 | $250,000 |
Wme Img Holdings Llc Talent For Evolve | 6/29/18 | $542,500 |
Experience Based Learning Inc Cancellation Of Zip Line | 6/29/18 | $120,000 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $72,857 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $500,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,311,361 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,884,218 |
| Total Program Service Revenue | $23,168 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$13,836 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,893,551 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,600,518 |
| 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. | $62,034 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $183,426 |
| Pension plan accruals and contributions | $8,490 |
| Other employee benefits | $19,132 |
| Payroll taxes | $23,579 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,783 |
| Fees for services: Accounting | $8,735 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,521 |
| Advertising and promotion | $11,868 |
| Office expenses | $13,615 |
| Information technology | $4,019 |
| Royalties | $0 |
| Occupancy | $25,502 |
| Travel | $10,365 |
| 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 | $3,299 |
| Insurance | $5,793 |
| All other expenses | $8,550 |
| Total functional expenses | $3,149,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |