Visit Harford Inc
- Assets
- $126.9k
- Revenue
- $784.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Bel Air, MD
- Founding
- 09/2014
- Data as of
- 06/2021
- EIN
- 47-1185615
Organization Overview
Visit Harford Inc is located in Bel Air, MD. The organization was established in 2014. 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 06/2021, Visit Harford Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visit Harford Inc 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 06/2021, Visit Harford Inc generated $784.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $720.5k during the year ending 06/2021. While expenses have increased by 2.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTES HARFORD COUNTY AND ITS TOURISM RELATED ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES AWARENESS OF HARFORD COUNTY TOURISM THROUGH ADVERTISING AND OTHER RELATED ACTIVITIES.
PROVIDES AWARENESS OF HARFORD COUNTY TOURISM THROUGH ADVERTISING AND OTHER RELATED ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Pizzuto Executive Director | Trustee | 40 | $106,611 |
Lauri Altman Secretary | Officer | 2 | $0 |
Tim Engle Treasurer | Officer | 2 | $0 |
Jay Ellenby President | Officer | 2 | $0 |
Stacy Rutherford Vice President | Officer | 2 | $0 |
Craig Lanphear Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $782,403 |
| Investment income | $1,916 |
| 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 | $784,319 |
| Statement of Expenses | |
|---|---|
| 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. | $106,611 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,843 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,136 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $455,913 |
| Office expenses | $2,971 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,853 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $723 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,100 |
| Insurance | $13,899 |
| All other expenses | $0 |
| Total functional expenses | $720,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,175 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $126,940 |
| 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 | $10,219 |
| Total liabilities | $10,219 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $116,721 |
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