Fort Collins Convention And Visitors Bureau
- Assets
- $1.6m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 13
- Location
- Fort Collins, CO
- Founding
- 05/1988
- Data as of
- 12/2021
- EIN
- 84-1055690
Organization Overview
Fort Collins Convention And Visitors Bureau, operating under the name Visit Fort Collins, is located in Fort Collins, CO. The organization was established in 1988. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Visit Fort Collins employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visit Fort Collins 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 12/2021, Visit Fort Collins generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 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
VISIT FORT COLLINS LEADS THE REGION IN ATTRACTING VISITORS FOR A DIVERSE SET OF EXPERIENCES, FACILITATING THE HIGHEST QUALITY VISITOR EXPERIENCE IN ORDER TO ENHANCE THE AREA'S ECONOMY AND QUALITY OF LIFE FOR RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TOURISM MARKETING- INCLUDES ADVERTISING, DIRECT SALES TO KEY VISITOR MARKETS, BROCHURE PRODUCTION, MAILING AND FULFILLMENT AND PUBLIC RELATIONS TO TRAVEL WRITERS.
MEETING AND CONVENTION SALES AND SERVICES, SOLICITATION OF EVENT AND CONVENTION BUSINESS AND SERVICES PROVIDED.
VISITOR SERVICES - PROVIDING INFORMATION, OPERATING INFORMATION CENTER AND COLORADO WELCOME CENTER.
ECOMMERCE - INTERNET WEBSITE FOR LOCAL VENDORS TO ADVERTISE AND SELL THEIR PRODUCTS. CERTIFIED TOURISM AMBASSADOR PROGRAM, MEMBERSHIPS, MARKET RESEARCH(INCLUDING ECONOMIC IMPACT STUDY AND VISITOR PROFILE), AND ALL OTHER PROGRAM SERVICES NOT LISTED ABOVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Eichler Executive Di | Officer | 40 | $120,570 |
Molly Skold Secretary At | OfficerTrustee | 2 | $0 |
Kate Cooper Treasurer At | OfficerTrustee | 2 | $0 |
Gary Ozzello Chair At Lar | OfficerTrustee | 2 | $0 |
Chris Ashby Director At | Trustee | 1 | $0 |
Abbie Stout Director At | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $124,441 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,212 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $156,653 |
| Total Program Service Revenue | $927,464 |
| Investment income | $837 |
| 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 | $2,079 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,087,033 |
| 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. | $120,570 |
| Compensation of current officers, directors, key employees. | $28,937 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $430,363 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $37,602 |
| 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 | $22,490 |
| Advertising and promotion | $250,628 |
| Office expenses | $16,188 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,906 |
| Travel | $21,403 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,977 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,209 |
| Insurance | $2,364 |
| All other expenses | $40,551 |
| Total functional expenses | $1,173,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,072 |
| Savings and temporary cash investments | $1,476,675 |
| Pledges and grants receivable | $46,102 |
| 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 | $3,580 |
| Net Land, buildings, and equipment | $44,895 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,592,324 |
| Accounts payable and accrued expenses | $88,310 |
| 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 | $88,310 |
| Net assets without donor restrictions | $1,504,014 |
| 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 | $1,592,324 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fort Collins Convention And Visitors Bureau has recieved totaling $15,015.
| Awarding Organization | Amount |
|---|---|
Latino Community Foundation Of Colorado Inc Denver, CO PURPOSE: GENERAL OPERATING | $15,015 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Visit Salt Lake Salt Lake City, UT | $7,092,794 | $14,927,768 |
Greater Phoenix Convention & Visitors Bureau Phoenix, AZ | $19,191,750 | $16,242,591 |
Central Oklahoma Workforce Investment Board Inc Oklahoma City, OK | $3,420,947 | $10,316,235 |
Greater Phoenix Economic Council Phoenix, AZ | $6,926,984 | $7,545,492 |
Region 10 League For Economic Assistance & Planning Inc Montrose, CO | $16,331,779 | $8,034,942 |
Cplc Nevada Inc Phoenix, AZ | $8,204,824 | $6,300,794 |
Wichita Convention & Tourism Bureau Wichita, KS | $3,697,930 | $5,439,635 |
South Central Kansas Economic Development District Inc Sckedd Bel Aire, KS | $6,963,572 | $7,360,259 |
Omaha Economic Development Corp Omaha, NE | $18,549,776 | $6,962,293 |
I2e Inc Oklahoma City, OK | $27,869,803 | $5,344,576 |
Partnership For Economic Innovation Tempe, AZ | $1,809,665 | $4,093,737 |
Albuquerque Convention & Visitors Bureau Inc Albuquerque, NM | $3,028,509 | $4,018,411 |