Visit Mcminnville
- Assets
- $637.8k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 3
- Location
- McMinnville, OR
- Founding
- 03/2016
- Data as of
- 06/2022
- EIN
- 47-4223651
Organization Overview
Visit Mcminnville is located in McMinnville, OR. The organization was established in 2016. 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 06/2022, Visit Mcminnville employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visit Mcminnville 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, Visit Mcminnville generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $997.9k during the year ending 06/2022. While expenses have increased by 7.5% 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
VISIT MCMINNVILLE'S PRIMARY FUNCTION IS CREATING AN EFFECTIVE MIX OF MARKETING, SALES AND SERVICE PROGRAMS DESIGNED TO PRODUCE A POSITIVE ECONOMIC IMPACT ON VISITOR SPENDING IN MCMINNVILLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Knapp Executive Dir. | OfficerTrustee | 40 | $121,593 |
Erin Stephenson Chair | OfficerTrustee | 2 | $0 |
Courtney Cunningham Vice Chair | OfficerTrustee | 2 | $0 |
Teresa Smith Secretary/treas | OfficerTrustee | 2 | $0 |
Dani Chisholm Director | Trustee | 2 | $0 |
Ty Rollins Director | Trustee | 1 | $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 | $3 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3 |
| Total Program Service Revenue | $1,138,093 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $650 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,138,746 |
| 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. | $121,593 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $145,694 |
| Pension plan accruals and contributions | $15,533 |
| Other employee benefits | $5,641 |
| Payroll taxes | $22,246 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,219 |
| Fees for services: Accounting | $14,187 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,163 |
| Advertising and promotion | $547,413 |
| Office expenses | $3,657 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,162 |
| Travel | $8,645 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $918 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,309 |
| Insurance | $4,438 |
| All other expenses | $1,653 |
| Total functional expenses | $997,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $174,704 |
| Savings and temporary cash investments | $120,044 |
| 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 | $1,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $342,091 |
| Total assets | $637,839 |
| Accounts payable and accrued expenses | $33,889 |
| 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 | $5,840 |
| Total liabilities | $39,729 |
| Net assets without donor restrictions | $598,110 |
| 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 | $637,839 |