Fergus Falls Convention And Vistors Bureau Inc is located in Fergus Falls, MN. The organization was established in 2003. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fergus Falls Convention And Vistors Bureau 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 12/2022, Fergus Falls Convention And Vistors Bureau Inc generated $198.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $149.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTION OF TOURISM WITH A SPECIFIC FOCUS ON HEADS IN BEDS (OVERNIGHT STAYS).
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Donais Chair | 0.25 | $0 | |
Chris Schuelke First Vice Chair | 1 | $0 | |
Katie Ganoe Second Vice Chair | 0.25 | $0 | |
Mike Trudeau Director | 1 | $0 | |
Samantha Van Wechel-Meyer Director | 0.25 | $0 | |
Michael Burgraff Director | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,940 |
| Total Program Service Revenue | $169,686 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $198,626 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,376 |
| Professional fees and other payments to independent contractors | $15,856 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $78,059 |
| Total expenses | $149,291 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $163,246 |
| Other assets | $0 |
| Total assets | $196,519 |
| Total liabilities | $10,197 |
| Net assets or fund balances | $186,322 |