CONVENTION & VISITORS BUREAU OF GREATER PORTLAND

EIN: 010384674

PORTLAND, ME

Total Revenue
$1,390,543
Total Expenses
$1,508,778
Total Assets
$398,794
Net Assets
$215,800
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
ME
Principal Officer
LYNN TILLOTSON
Phone
2077724994
Tax Period
2023-01-01 to 2023-12-31

CONVENTION & VISITORS BUREAU OF GREATER PORTLAND, founded in 1982, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

THE MISSION OF THE CONVENTION AND VISITORS BUREAU OF GREATER PORTLAND IS TO STIMULATE THE ECONOMIC VITALITY OF GREATER PORTLAND BY SOLICITING AND SERVICING CONVENTIONS, MEETINGS, GROUPS, AND VISITORS BY PROMOTING GREATER PORTLAND AS A PREFERRED DESTINATION.

Program Service Accomplishments

Program 1

EXECUTION OF MARKETING SCOPE OF WORK DETAILED IN TOURISM MARKETING GRANT FROM THE MAINE OFFICE OF TOURISM. THE ORGANIZATION WRITES AN APPLICATION FOR GRANT FUNDS TO BE USED IN SUPPORT OF ITS EXEMPT...

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EXECUTION OF MARKETING SCOPE OF WORK DETAILED IN TOURISM MARKETING GRANT FROM THE MAINE OFFICE OF TOURISM. THE ORGANIZATION WRITES AN APPLICATION FOR GRANT FUNDS TO BE USED IN SUPPORT OF ITS EXEMPT MISSION. GRANT ACTIVITIES INCLUDED DEVELOPING DESTINATION MARKETING MATERIALS, PLACING DESTINATION ADVERTISING IN VARIOUS MEDIA, AND DISTRIBUTION OF VISITOR GUIDES.

Program 2

THE CONVENTION AND VISITORS BUREAU PRODUCES A VISITORS GUIDE OF THE GREATER PORTLAND AREA. THE GUIDE IS AVAILABLE FOR FREE TO VISITORS AND CONVENTION ATTENDEES. THE GUIDE OFFERS SUGGESTIONS ON WHAT...

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THE CONVENTION AND VISITORS BUREAU PRODUCES A VISITORS GUIDE OF THE GREATER PORTLAND AREA. THE GUIDE IS AVAILABLE FOR FREE TO VISITORS AND CONVENTION ATTENDEES. THE GUIDE OFFERS SUGGESTIONS ON WHAT TO SEE, AVAILABLE TOURS, WHERE TO DINE, AND PLACES TO STAY IN THE AREA. THE GUIDE IS A FULL COMPENDIUM OF INFORMATION A VISITOR WOULD FIND USEFUL FOR PLANNING THEIR STAY AND ENJOYING THE REGION TO THEIR FULLEST.

Program 3

STAFFING AT THREE VISITOR CENTERS - THE CONVENTION & VISITORS BUREAU OPERATES THREE VISITOR INFORMATION CENTERS (TWO OF THEM SEASONALLY) IN STRATEGIC LOCATIONS THROUGHOUT THE PORTLAND AREA. VISITOR...

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STAFFING AT THREE VISITOR CENTERS - THE CONVENTION & VISITORS BUREAU OPERATES THREE VISITOR INFORMATION CENTERS (TWO OF THEM SEASONALLY) IN STRATEGIC LOCATIONS THROUGHOUT THE PORTLAND AREA. VISITOR INFORMATION SPECIALISTS ARE KNOWLEDGEABLE ABOUT WHAT THERE IS TO SEE AND DO IN THE GREATER PORTLAND REGION, SERVING AS AN INVALUABLE RESOURCE TO THE TRAVELING PUBLIC. VISITOR CENTER STAFF PROVIDE A WELCOMING ENVIRONMENT WHICH IS CRUCIAL TO MAINTAINING PORTLANDS REPUTATION AS AN ATTRACTIVE TOURISM DESTINATION. SPECIALISTS WHO CAN REFER VISITORS TO APPROPRIATE ACCOMMODATIONS, RESTAURANTS, AND ATTRACTIONS ARE A VALUABLE RESOURCE FOR LOCAL BUSINESSES WHICH RELY ON TOURISM DOLLARS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $575,454
Program Service Revenue $389,577
Investment Income $1,263
Other Revenue $424,249
TOTAL REVENUE $1,390,543

Expense Breakdown

Grants Paid $0
Salaries & Benefits $604,820
Fundraising Expenses $0
Other Expenses $903,958
TOTAL EXPENSES $1,508,778

Year-over-Year Comparison

2023 2022 Change
Revenue $1,390,543 $1,501,947 -0.1%
Expenses $1,508,778 $1,537,465 0.0%
Net Income $-118,235 $-35,518 +2.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
21
Independent Members
21
Employees
28
Volunteers
26

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$172,034
Total Directors
21
$0
Key Employees
2
$172,034
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TILLOTSON LYNN PRESIDENT, CEO 40.00
Officer Key Emp Highest
$98,871 $1,421 $100,292
TOLK AMY VICE PRESIDENT, CFO 40.00
Officer Key Emp
$70,735 $1,007 $71,742
ALVAREZ TAWNY DIRECTOR 0.25
Director
$0 $0 $0
BRIGGS MICHAEL DIRECTOR 0.25
Director
$0 $0 $0
BROMAGE STEPHEN DIRECTOR 0.25
Director
$0 $0 $0
COFFIN DAVID DIRECTOR 0.25
Director
$0 $0 $0
GAMBARDELLA JEFF DIRECTOR 0.25
Director
$0 $0 $0
ERICKSON MICHAEL DIRECTOR 0.25
Director
$0 $0 $0
LASALLE MAUREEN DIRECTOR 0.25
Director
$0 $0 $0
MICHUAD TRACY DIRECTOR 0.25
Director
$0 $0 $0
SUTTON EMILY DIRECTOR 0.25
Director
$0 $0 $0
OAKES CASEY DIRECTOR 0.25
Director
$0 $0 $0
PATRY NORMAN DIRECTOR 0.25
Director
$0 $0 $0
WHIPPLE KARL DIRECTOR 0.25
Director
$0 $0 $0
RUGABA DAMAS DIRECTOR 0.25
Director
$0 $0 $0
SPILLER PHIL DIRECTOR 0.25
Director
$0 $0 $0
SULLIVAN SHAWN DIRECTOR 0.25
Director
$0 $0 $0
TURIN DAVID DIRECTOR 0.25
Director
$0 $0 $0
GOLDBERG ADAM VICE CHAIR 0.25
Director
$0 $0 $0
LITTLEFIELD DON SECRETARY 0.25
Officer Director
$0 $0 $0
SCHULTZEL JOHN CHAIR 0.25
Officer Director
$0 $0 $0
LAFAYETTE KEN TREASURER 0.25
Officer Director
$0 $0 $0
LARGAY TOM EXECUTIVE COMMITTEE 0.25
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,390,543 $1,508,778 $398,794 $-118,235
2022 $1,501,947 $1,537,465 $533,469 $-35,518
2021 $741,115 $686,770 $563,151 $54,345
2020 $696,649 $642,770 $487,008 $53,879
2019 $1,226,897 $1,240,427 $271,469 $-13,530
2018 $1,125,931 $1,103,324 $317,350 $22,607
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