COLORADO SPRINGS CONVENTION VISITORS BUREAU: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- COLORADO SPRINGS CONVENTION VISITORS BUREAU (EIN 84-0809343)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-05-13
- IRS object ID
- 201901339349302490
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-13T09:42:24-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 840884124 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BiggsKofford PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 630 Southpointe Court Suite 200 | AddressLine1Txt |
| City | Colorado Springs | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80906 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 840809343 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Colorado Springs Conv & Visitors Bureau | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COLO | BusinessNameControlTxt |
| Phone | 7196857628 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 515 S Cascade Ave | AddressLine1Txt |
| City | Colorado Springs | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80903 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | James L Cassidy | PersonNm |
| Person Title | Chief Financial Officer | PersonTitleTxt |
| Phone | 7196857628 | PhoneNum |
| Signature | 2019-05-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Greg Papineau CPA | PreparerPersonNm |
| PTIN | P00294662 | PTIN |
| Phone | 7195799090 | PhoneNum |
| Preparation | 2019-05-09 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 63.146.208.162 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-09 | IPDt |
| IP Tm | 16:57:16 | IPTm |
| IP Timezone | MD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 17FDACB4555CC80AE226121F9DAC9619AE39EDD0 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Visit COS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Douglas P Price | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 515 S Cascade Ave | AddressLine1Txt |
| City | Colorado Springs | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80903 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $4,680,354 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.visitcos.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1980 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | Colorado Springs Convention and Visitors Bureau's, now doing business as Visit Colorado Springs (VCOS), primary exempt purpose is promotion of the Pikes Peak Region. VCOS is designed to stimulate the visitor industry in the Pikes Peak Region by conducting a variety of programs, both continual and intermittent, to enhance the quantity, quality and volume of visitors to our area. In addition, VCOS works with regional entities to improve the environment, facilities and infrastructure to enhance visitor experiences. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 21 | TotalEmployeeCnt |
| Total Volunteers | 27 | TotalVolunteersCnt |
| Total Gross UBI | $173,460 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $264,653 | PYContributionsGrantsAmt |
| CY Contributions Grants | $337,324 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,478,419 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,102,818 | CYProgramServiceRevenueAmt |
| PY Investment Income | $15,169 | PYInvestmentIncomeAmt |
| CY Investment Income | $16,396 | CYInvestmentIncomeAmt |
| PY Other Revenue | $210,688 | PYOtherRevenueAmt |
| CY Other Revenue | $196,593 | CYOtherRevenueAmt |
| PY Total Revenue | $4,968,929 | PYTotalRevenueAmt |
| CY Total Revenue | $4,653,131 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,599,635 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,637,543 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $230,211 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,516,372 | PYOtherExpensesAmt |
| CY Other Expenses | $2,905,003 | CYOtherExpensesAmt |
| PY Total Expenses | $5,116,007 | PYTotalExpensesAmt |
| CY Total Expenses | $4,542,546 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$147,078 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $110,585 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,302,430 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,046,194 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $667,083 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $300,259 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,635,347 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,745,935 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Colorado Springs Convention and Visitors Bureau's, now doing business as Visit Colorado Springs (VCOS), primary exempt purpose is promotion of the Pikes Peak Region. VCOS is designed to stimulate the visitor industry in the Pikes Peak Region by conducting a variety of programs, both continual and intermittent, to enhance the quantity, quality and volume of visitors to our area. In addition, VCOS works with regional entities to improve the environment, facilities and infrastructure to enhance visitor experiences. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,658,233 | ExpenseAmt |
| Revenue | $4,054,000 | RevenueAmt |
| Desc | The Bureau engages in promotional programs which include soliciting group meetings and events, operating visitor information centers, maintaining a website, community involvement in special projects, developing plans and working with regional entities to improve visitor experience, and distributing informational brochures, maps, and other publications. | Desc |
| Total Program Service Expenses | $3,658,233 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 46 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 21 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | James Cassidy | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7196857628 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 515 S Cascade Ave | AddressLine1Txt |
| City | Colorado Springs | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80903 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Andy Neinas | |||||||
| Director | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Barry Brown | |||||||
| Chair | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Deanne McCann | |||||||
| Non-Voting Representative | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr Eric Olson | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Ed Okvath | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jill Gaebler | |||||||
| Non-Voting Representative | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Peter Udall | |||||||
| Treasurer | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Shelby Pywell-Yarbrough | |||||||
| Secretary | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Steve Kanatzar | |||||||
| Director | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Tom Osborne | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Andy Vick | |||||||
| Vice Chair | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Susan Davies | |||||||
| Non-Voting Representative | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Kevin Penn | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Laura Neumann | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Greg Phillips | |||||||
| Non-Voting Representative | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Kimberly Tebrugge | |||||||
| Non-Voting Representative | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Douglas Price | |||||||
| President/CEO | 40.00 | Yes (X) | $202,380 | $0 | $18,317 | Yes (X) | |
| James Cassidy | |||||||
| Chief Financial Officer | 40.00 | Yes (X) | $107,260 | $0 | $12,836 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $309,640 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $31,153 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | Province Or StateContractorAddress/ForeignAddress/ProvinceOrStateNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|
| Orange 142 LLC | ||||||||||
| 2901 Via Fortuna Ste 185 | Austin | TX | 78746 | Advertising | $1,107,606 | |||||
| Por Venir LLC | ||||||||||
| PO Box 38429 | Colorado Springs | CO | 80937 | Rent and NNN | $131,206 | |||||
| InterVISTAS | ||||||||||
| Destination Master Plan Development | $127,000 | 1200 West 73rd Ave Suite 500 | Vancouver | BC | CA | V6P 6G5 | ||||
| Cvent Inc | ||||||||||
| PO Box 822699 | Philadelphia | PA | 191822699 | Advertising, Web Portal | $105,855 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $331,475 | MembershipDuesAmt |
| Fundraising | $5,849 | FundraisingAmt |
| Noncash Contributions | $5,849 | NoncashContributionsAmt |
| Total Contributions | $337,324 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Government Fees | 561500 | $4,054,600 | $4,054,600 |
| In-Kind Contributions | 900099 | $34,063 | $34,063 |
| Trade Show Support | 541800 | $14,155 | $14,155 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,102,818 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,396 | TotalRevenueColumnAmt |
| Exclusion | $16,396 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $31,568 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $5,849 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $27,223 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,345 | TotalRevenueColumnAmt |
| Exclusion | $4,345 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| Advertising Income | 541800 | $95,662 | $95,662 | |
| OVG Commissions/Postag | 541860 | $55,000 | $55,000 | |
| Income from OVG Partne | 541860 | $18,252 | $18,184 | $68 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,334 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,720 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $4,614 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $192,248 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,653,131 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,121,538 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $173,460 | UnrelatedBusinessRevenueAmt |
| Exclusion | $20,809 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $309,640 | TotalAmt |
| Program Services | $70,833 | ProgramServicesAmt |
| Management And General | $228,688 | ManagementAndGeneralAmt |
| Fundraising | $10,119 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $903,098 | TotalAmt |
| Program Services | $717,447 | ProgramServicesAmt |
| Management And General | $62,369 | ManagementAndGeneralAmt |
| Fundraising | $123,282 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,000 | TotalAmt |
| Program Services | $22,750 | ProgramServicesAmt |
| Management And General | $8,400 | ManagementAndGeneralAmt |
| Fundraising | $3,850 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $291,914 | TotalAmt |
| Program Services | $189,744 | ProgramServicesAmt |
| Management And General | $70,059 | ManagementAndGeneralAmt |
| Fundraising | $32,111 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,891 | TotalAmt |
| Program Services | $63,629 | ProgramServicesAmt |
| Management And General | $23,494 | ManagementAndGeneralAmt |
| Fundraising | $10,768 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,718,678 | TotalAmt |
| Program Services | $1,718,678 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,691 | TotalAmt |
| Program Services | $10,225 | ProgramServicesAmt |
| Management And General | $2,615 | ManagementAndGeneralAmt |
| Fundraising | $1,851 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $122,811 | TotalAmt |
| Program Services | $85,477 | ProgramServicesAmt |
| Management And General | $21,860 | ManagementAndGeneralAmt |
| Fundraising | $15,474 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $251,940 | TotalAmt |
| Program Services | $251,940 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,645 | TotalAmt |
| Program Services | $35,777 | ProgramServicesAmt |
| Management And General | $1,679 | ManagementAndGeneralAmt |
| Fundraising | $1,189 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,248 | TotalAmt |
| Program Services | $3,653 | ProgramServicesAmt |
| Management And General | $934 | ManagementAndGeneralAmt |
| Fundraising | $661 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Consulting Services | $155,515 | $155,515 | ||
| Repairs and Maintenance | $127,481 | $22,692 | $88,727 | $16,062 |
| Business Development | $112,125 | $112,125 | ||
| Postage | $92,454 | $6,472 | $85,982 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $265,415 | TotalAmt |
| Program Services | $201,246 | ProgramServicesAmt |
| Management And General | $49,325 | ManagementAndGeneralAmt |
| Fundraising | $14,844 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,542,546 | TotalAmt |
| Program Services | $3,658,233 | ProgramServicesAmt |
| Management And General | $654,102 | ManagementAndGeneralAmt |
| Fundraising | $230,211 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $174,067 | BOYAmt |
| EOY | $96,619 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,903,143 | BOYAmt |
| EOY | $2,651,335 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $921,065 | BOYAmt |
| EOY | $35,400 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,845 | BOYAmt |
| EOY | $1,714 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $181,128 | BOYAmt |
| EOY | $159,175 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $334,941 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $267,883 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,366 | BOYAmt |
| EOY | $67,058 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,329 | BOYAmt |
| EOY | $29,406 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,487 | BOYAmt |
| EOY | $5,487 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,302,430 | BOYAmt |
| EOY | $3,046,194 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $292,705 | BOYAmt |
| EOY | $162,917 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,199 | BOYAmt |
| EOY | $37,342 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $331,179 | BOYAmt |
| EOY | $100,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $667,083 | BOYAmt |
| EOY | $300,259 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,635,347 | BOYAmt |
| EOY | $2,745,935 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,635,347 | BOYAmt |
| EOY | $2,745,935 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,302,430 | BOYAmt |
| EOY | $3,046,194 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $110,585 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $3 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $138,103 | OtherCostOrOtherBasisAmt |
| Depreciation | $121,277 | DepreciationAmt |
| Book Value | $16,826 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $196,838 | OtherCostOrOtherBasisAmt |
| Depreciation | $146,606 | DepreciationAmt |
| Book Value | $50,232 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $67,058 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Pledges payable | Desc |
| Amt | $100,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $100,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $4,653,131 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,653,131 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $4,653,131 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,542,543 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$3 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$3 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,542,546 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,542,546 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part X, Line 2: | The Organization evaluates the effect of uncertain tax positions, if any, and provides for those positions in accordance with the provisions of FASB ASC 450, Contingencies. The Organization discloses any material adjustments as a result of tax examinations. The Organization reports interest and penalties resulting from these adjustments as interest expense and other expenses, as applicable. There were no tax examinations or adjustments relating therefrom for the year ended December 31, 2018 and 2017. Management believes tax returns for the years 2014 and later are subject to audit by the applicable taxing jurisdictions. |
| Part XII, Line 2d - Other Adjustments: | Rounding -3. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Partnership Event | Event1Nm |
| Gross Receipts Event1 | $37,417 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $5,849 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $31,568 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $27,223 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $37,417 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $5,849 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $31,568 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $27,223 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $27,223 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $4,345 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (14 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| The Broadmoor Hotel | ||||||||||||
| PO Box 1439 | Colorado Springs | CO | 80901 | 840155150 | Corporation | $72,346 | 2018 US Sr Open; Independent Planners Education Conference; US Travel Recept | |||||
| Pikes Peak International Hill Climb Museum | ||||||||||||
| 1631 Mesa Avenue Ste B-1 | Colorado Springs | CO | 80906 | 841107922 | 501(c)(3) | $10,000 | Sponsor the 2017 International Hill Climb event. | |||||
| Colorado Springs Sports Corp | ||||||||||||
| 1631 Mesa Ave Suite E | Colorado Springs | CO | 80906 | 840811908 | 501(c)(3) | $10,500 | RM State Games; CO Classic Bike Race; Labor Day Lift Off; Olympic Assy | |||||
| Destination and Travel Foundation | ||||||||||||
| 2025 M Street NW Suite 500 | Washington | DC | 200363309 | 621527945 | 501(c)(3) | $7,500 | Support Foundation research and industry support | |||||
| Pikes Peak Community Foundation | ||||||||||||
| 730 N Nevada Ave | Colorado Springs | CO | 80903 | 841339670 | 501(c)(3) | $50,000 | Olympic City USA Fund Support | |||||
| United States Olympic Museum | ||||||||||||
| PO Box 681 | Colorado Springs | CO | 80901 | 463189741 | 501(c)(3) | $200,000 | Museum Construction Support | |||||
| Cultural Office of the Pikes Peak Region | ||||||||||||
| PO Box 190 | Colorado Springs | CO | 80901 | 205794244 | 501(c)(3) | $10,000 | Arts Month Support | |||||
| Great White North Communications Ltd | ||||||||||||
| 980378464 | Foreign | $5,000 | Dragon Boat Festival Support | 49 Brathurst St Suite 101 | Toronto | Ontario | CA | M5V2P2 | ||||
| Pikes Peak Outdoor Recreation Alliance | ||||||||||||
| 111 South Tejon Street 307 | Colorado Springs | CO | 80903 | 811846814 | 501(c)(3) | $5,775 | Outdoor Rec Event Support | |||||
| Northstar Travel Group LLC | ||||||||||||
| 730 N Nevada Ave | Colorado Springs | CO | 80903 | 800339152 | 501(c)(3) | $15,000 | Sponsor TEAMS Tradeshow | |||||
| Downtown Ventures | ||||||||||||
| PO Box 150414 | Colorado Springs | CO | 80903 | 841418850 | 501(c)(3) | $15,000 | Sponsor Bicycle Sharing Program | |||||
| CMCA | ||||||||||||
| PO Box 350757 | Westminster | CO | 800350757 | 841532422 | LLC | $6,000 | Tradeshow Meal Sponsor | |||||
| Revolution Shift Sector | ||||||||||||
| 24 Hammond Suite F | Irvine | CA | 92618 | 465360151 | LLC | $5,000 | Sponsor Air Strip Attack | |||||
| Pikes Peak Marathon Inc | ||||||||||||
| PO Box 333 | Manitou Springs | CO | 80829 | 742427295 | Corporation | $5,000 | Sponsor Pikes Peak Ascent | |||||
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Funds are awarded to organizations that bring in special events, commonly sporting but sometimes other types of meetings or conventions, to help promote the event and ensure the event's success in bringing new visitors to the region. We do not ask for an accounting of such payments, other than requesting an invoice for payment. We know who we have paid, and how much. For some events there is an evaluation to determine room nights generated and it is an internal management decision to determine which events hold the most promise of bringing visitors to the region. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Douglas Price | PersonNm |
| Title | President/CEO | TitleTxt |
| Base Compensation Filing Org | $185,230 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $17,150 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $18,317 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $220,697 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Broadmoor Hotel | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Board Member is Vice President of Sales and Marketing of Broadmoor Hotel | RelationshipDescriptionTxt |
| Transaction | $73,562 | TransactionAmt |
| Transaction | Sponsorship payment | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11b | Form 990 will be reviewed by executive officers with the auditor. The form will then be reviewed with the finance/audit committee before being emailed to the Board of Directors. |
| Form 990, Part VI, Section B, line 12c | Board self-monitors for conflict of interest among its members. CFO and President/CEO also monitor for potential conflicts and make affected personnel aware of the situation. |
| Form 990, Part VI, Section B, line 15a | Compensation for the President/CEO is determined through review of compensation for similar CEO's of other national destination marketing organizations, obtained via a confidiential survey from the Destinations International. We also review nonprofit salary surveys provided by Employers Council. This information is shared with the finance/audit committee who determines and approves President/CEO compensation under delegation of the Board of Directors. Compensation for all other employees of the organization are established by the President/CEO with input from the CFO. Under his employment contract, the President/CEO has sole authority to set employee pay, within guidelines (budget) set by the Board of Directors. Employee pay amounts are provided to the finance/audit committee for review and discussion, with the President/CEO having final authority. Comparable data from DMAI and MSEC are used, along with President/CEO input on employee value. |
| Form 990, Part VI, Section C, line 19 | Colorado Springs Convention and Visitors Bureau's Governing Documents, Conflict of Interest Policy, and Financial Statements are made available to the public upon request. |
| Form 990, Part XI, line 9: | Rounding 3. |
| Part XII, Line 2c | The process for selecting the independent CPA firm has not changed from the previous years. |