Visit Annapolis & Anne Arundel County Inc
- Assets
- $5.1m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 20
- Location
- Annapolis, MD
- Founding
- 05/1992
- Data as of
- 06/2021
- EIN
- 52-1661705
Organization Overview
Visit Annapolis & Anne Arundel County Inc is located in Annapolis, MD. The organization was established in 1992. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Visit Annapolis & Anne Arundel County Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visit Annapolis & Anne Arundel County 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 Annapolis & Anne Arundel County Inc generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $2.7m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 6 years. 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
TO MARKET ANNAPOLIS AND ANNE ARUNDEL COUNTY TO LEISURE AND BUSINESS TRAVELERS ACROSS THE COUNTRY AND AROUND THE WORLD, AND GENERATE REVENUE FOR THE LOCAL ECONOMY THEREBY PROVIDING ECONOMIC PROSPERITY AND EMPLOYMENT OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE BEST IN CLASS REGIONAL AND NATIONAL MARKETING, ADVERTISING, AND SOCIAL MEDIA PROMOTION TO INCREASE BUSINESS AND LEISURE INTEREST AND INTENT TO VISIT ANNAPOLIS AND ANNE ARUNDEL COUNTY.
PROVIDE VISITORS AND POTENTIAL VISITORS WITH TIMELY AND APPEALING INFORMATION FOR PLANNING BUSINESS AND LEISURE TRIPS TO ANNAPOLIS AND ANNE ARUNDEL COUNTY, AND DURING THE VISIT AT SITES IN ANNAPOLIS.
BUILD STRATEGIC INVESTMENT IN PROGRAMS, EVENTS, AND FESTIVALS TO ATTRACT LEISURE VISITORS AND GROUPS TO ANNAPOLIS AND ANNE ARUNDEL COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Bottcher Former Interim Executive Director | 40 | $121,483 | |
Gary Jobson Chairman | Trustee | 1 | $0 |
Stephen Rice Director | Trustee | 1 | $0 |
Tyler Patton Director | Trustee | 1 | $0 |
James Lobosco Director | Trustee | 1 | $0 |
Steven Stavropoulos Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $787,589 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,109,990 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,897,579 |
| Total Program Service Revenue | $27,438 |
| Investment income | $17,271 |
| 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 | $2,942,288 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $650,504 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $136,689 |
| Payroll taxes | $48,923 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $136,503 |
| Fees for services: Accounting | $11,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $77,125 |
| Information technology | $49,606 |
| Royalties | $0 |
| Occupancy | $25,697 |
| Travel | $0 |
| 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 | $88,376 |
| Insurance | $9,864 |
| All other expenses | $30,444 |
| Total functional expenses | $2,676,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,424 |
| Savings and temporary cash investments | $2,541,635 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $823,099 |
| 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 | $230,671 |
| Net Land, buildings, and equipment | $1,365,631 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,099,460 |
| Accounts payable and accrued expenses | $483,864 |
| Grants payable | $0 |
| Deferred revenue | $1,318 |
| 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 | $1 |
| Total liabilities | $485,183 |
| Net assets without donor restrictions | $4,614,277 |
| 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 | $5,099,460 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Visit Annapolis & Anne Arundel County Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Anne Arundel Economic Development Corporation Annapolis, MD PURPOSE: COVID RELIEF | $10,000 |
Anne Arundel Economic Development Corporation Annapolis, MD PURPOSE: COVID RELIEF | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usw District 10 Local 286 Welfare Trust Fund Philadelphia, PA | $8,668,111 | $17,307,586 |
Garrett County Maryland Community Action Committee Inc Oakland, MD | $23,823,939 | $14,024,119 |
Strong City Baltimore Baltimore, MD | $3,607,626 | $14,803,870 |
Visit Baltimore Inc Baltimore, MD | $13,591,522 | $23,022,151 |
Liberty Lutheran Housing Development Corporation State College, PA | $52,974,358 | $15,701,429 |
Mountainheart Community Servces Inc Oceana, WV | $5,735,709 | $13,660,570 |
Allegany County Human Resources Development Commission Inc Cumberland, MD | $11,830,782 | $13,688,639 |
Fusion Partnerships Inc Baltimore, MD | $7,468,833 | $16,079,107 |
University City District Philadelphia, PA | $9,386,670 | $9,712,200 |
Hemlock Farms Community Association Lords Valley, PA | $26,523,624 | $12,038,926 |
Coalfield Community Action Partnership Inc Williamson, WV | $5,496,204 | $10,777,426 |
Allegheny Conference On Community Development Pittsburgh, PA | $14,597,444 | $7,655,898 |