Oxnard Convention And Visitors Bureau
- Assets
- $458.2k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 6
- Location
- Oxnard, CA
- Founding
- 01/1995
- Data as of
- 06/2023
- EIN
- 95-2891667
Organization Overview
Oxnard Convention And Visitors Bureau is located in Oxnard, CA. The organization was established in 1995. 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 06/2023, Oxnard Convention And Visitors Bureau employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oxnard Convention And Visitors Bureau is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2023, Oxnard Convention And Visitors Bureau generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $1.3m during the year ending 06/2023. While expenses have increased by 6.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION MAINLY OPERATES TWO PROGRAM: OXNARD CONVENTION & VISITOR'S BUREAU AND OXNARD TOURISM MARKETING DISTRICT(OTMD). THE PURPOSE OF THE OXNARD CONVENTION AND VISITOR'S BUREAU IS TO CONTRIBUTE TO THE ECONOMIC DEVELOPMENT OF OXNARD BY MARKETING AND PROMOTING OXNARD AS A DESTINATION FOR TOURISTS AND BUSINESS TRAVEL. THE OXNARD TOURISM MARKETING DISTRICT IS AN ASSESMENT DISTRICT PROPOSED TO PROVIDE SPECIFIC BENEFITS TO PAYORS, BY FUNDING MARKETING AND SALES PROMOTION EFFORTS AND VISITOR SERVICE ENHANCEMENT FOR ASSESSED BUSINESS. OTMD INCLUDES ALL LODGING BUSIINESS WITH FIFTY FIVE (55) ROOMS OR MORE LOCATED WITHIN THE BOUNDARIES OF CITY OF OXNARD. THE OTMD IS DESIGNED TO PROVIDE SPECIFIC BENEFITS DIRECTLY TO PAYERS BY INCREASING ROOM NIGHT SALES. MARKETING AND SALES PROMOTIONS AND VISITORS SERVICES ENHANCEMENTS WILL INCREASE OVERNIGHT TOURISM AND MARKET PAYERS AS TOURIST, MEETING AND EVENT DESTINATIONS, THEREBY INCREASING ROOM NIGHT SALES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OXNARD TOURISM MARKETING DISTRICT(OTMD) IS AN ASSESSMENT DISTRICT PROPOSED TO PROVIDE SPECIFIC BENEFITS TO PAYORS, BY FUNDING MARKETING AND SALES PROMOTION EFFORTS AND VISITOR SERVICE ENHANCEMENT FOR ASSESSED BUSINESS. OTMD INCLUDES ALL LODGING BUSIINESS WITH FIFTY FIVE (55) ROOMS OR MORE LOCATED WITHIN THE BOUNDARIES OF CITY OF OXNARD. THE OTMD IS DESIGNED TO PROVIDE SPECIFIC BENEFITS DIRECTLY TO PAYERS BY INCREASING ROOM NIGHT SALES. MARKETING AND SALES PROMOTIONS AND VISITORS SERVICES ENHANCEMENTS WILL INCREASE OVERNIGHT TOURISM AND MARKET PAYERS AS TOURIST, MEETING AND EVENT DESTINATIONS, THEREBY INCREASING ROOM NIGHT SALES.
OXNARD CONVENTION & VISITOR'S BUREAU IS TO CONTRIBUTE TO THE DEVELOPMENT OF THE CITY OF OXNARD BY MARKETING AND PROMOTING OXNARD AS A DESTINATION FOR LEISURE TRAVEL, MEETING & TRADE SHOWS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Mino Buffo President & CEO | 40 | $111,129 | |
Bryan Macdonald Board Member | Trustee | 2 | $0 |
Steve Buenger Chairman | OfficerTrustee | 2 | $0 |
Hutton John Board Member | Trustee | 2 | $0 |
Tony Dybeku Board Member | Trustee | 2 | $0 |
Kristina Brewer Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $694,980 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $482,952 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,177,932 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,178,286 |
| 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. | $111,129 |
| Compensation of current officers, directors, key employees. | $11,113 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $224,120 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,316 |
| Payroll taxes | $27,863 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,941 |
| 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 | $843,943 |
| Office expenses | $11,132 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,426 |
| Travel | $3,264 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,236 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $145 |
| Insurance | $6,608 |
| All other expenses | $0 |
| Total functional expenses | $1,325,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $455,983 |
| 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 | $1,191 |
| Net Land, buildings, and equipment | $986 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $458,160 |
| Accounts payable and accrued expenses | $7,961 |
| Grants payable | $0 |
| Deferred revenue | $88,284 |
| 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 | $19,268 |
| Total liabilities | $115,513 |
| Net assets without donor restrictions | $342,647 |
| 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 | $458,160 |