SAINT PAUL RIVERCENTRE CONVENTION AND VISITORS AUTHORITY

EIN: 203338905 Community Improvement

ST PAUL, MN

Total Revenue
$19,250,327
Total Expenses
$17,639,171
Total Assets
$15,655,521
Net Assets
$13,152,703
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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MN
Principal Officer
JAIMEE LUCKE HENDRIKSON
Phone
6512654900
Tax Period
2023-01-01 to 2023-12-31

SAINT PAUL RIVERCENTRE CONVENTION AND VISITORS AUTHORITY, founded in 2004, is a mid-sized nonprofit in the Community Improvement sector that reported $19.3M in total revenue in fiscal year 2023. Expenses of $17.6M left a modest 8% surplus.

Mission

THE MISSION OF THE SAINT PAUL RIVERCENTRE CONVENTION & VISITORS AUTHORITY IS TO GENERATE ECONOMIC GROWTH FOR SAINT PAUL BY EFFECTIVELY MARKETING THE RIVERCENTRE CAMPUS, SAINT PAUL AND THE REGION AS A PREFERRED CONVENTION AND TOURISM DESTINATION.

Program Service Accomplishments

Program 1

MARKETING SERVES TO ELEVATE AWARENESS OF SAINT PAUL AS A PREMIER CONVENTION AND LEISURE DESTINATION THROUGH EFFECTIVE PUBLIC RELATIONS AND COMPREHENSIVE ADVERTISING/MARKETING EFFORTS. THE DEPARTMENT...

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MARKETING SERVES TO ELEVATE AWARENESS OF SAINT PAUL AS A PREMIER CONVENTION AND LEISURE DESTINATION THROUGH EFFECTIVE PUBLIC RELATIONS AND COMPREHENSIVE ADVERTISING/MARKETING EFFORTS. THE DEPARTMENT COORDINATES ADVERTISING, PROMOTIONS, PUBLICATIONS, WEBSITE, SOCIAL MEDIA, AND PUBLIC AND MEDIA RELATIONS PROGRAMS FOR ALL DEPARTMENTS. MARKETING ACCOMPLISHED THE FOLLOWING IN 2023: RAN A DIGITAL CAMPAIGN OVER THE SUMMER FOCUSING ON DRIVING TRAFFIC TO LOCAL FESTIVALS AND EVENTS, RESULTING IN OVER 4.1 MILLION IMPRESSIONS, 20,500 CLICKS, 2,500 LEADS AND 1,000 EMAIL SUBSCRIPTIONS. PILOTED AN EVENT MARKETING GRANT PROGRAM TO SUPPORT NON-PROFIT FESTIVALS AND EVENTS FOCUSING ON CULTURAL CORRIDORS. OVER 17 EVENTS WERE SUPPORTED RESULTING IN OVER 2000 NEW IMAGES, 1.3 MILLION BILLBOARD IMPRESSIONS, 150K BOOSTED SOCIAL REACH AND 3000 CLICKS, 70,000 CLICKS TO VISITSAINTPAUL.COM AND 28,000 REFERRAL CLICKS TO FESTIVAL WEBSITES. EXECUTED A VIDEO SHOOT IN PARTNERSHIP WITH YOUTHLENS 360 AND CREATED 3 NEW VIDEOS TO MARKETING SAINT PAUL AS AN IDEAL MEETING DESTINATION. WORKED ON A DIGITAL CAMPAIGN IN COLLABORATION WITH THE SAINT PAUL DOWNTOWN ALLIANCE TO BATTLE PERCEPTIONS OF SAFETY IN DOWNTOWN RESULTING IN OVER 2.2 MILLION IMPRESSIONS, 3,000 CLICKS TO VISITSAINTPAUL.COM AND 430 ACTIONABLE LEADS. LAUNCHED THE SAINT PAULIDAYS DIGITAL CAMPAIGN TO BRAND SAINT PAUL AS THE PERFECT DESTINATION TO SPEND THE HOLIDAY SEASON RESULTING IN OVER 1.7 MILLION IMPRESSIONS, 25,000 CLICKS TO VISITSAINTPAUL.COM AND OVER 600 NEW GO LIST EMAIL SIGN UPS. DISTRIBUTED 3 CONSUMER MARKETING EMAILS AND GREW SUBSCRIBER LIST BY 6%. MAINTAINED VISIT SAINT PAULS WEBSITE, SOCIAL MEDIA AND INSIDER'S BLOG. YOY WEBSITE TRAFFIC INCREASED 20%. PRODUCED A NEW VISITOR GUIDE FOR DISTRIBUTION IN 2024.

Program 2

IN 2023, RIVERCENTRE CONTINUED TO HOST ANNUAL MEETINGS, CONFERENCES AND TRADESHOWS INCLUDING: MINNESOTA DENTAL STAR OF THE NORTH MEETING, ALLEN D. LEMAN SWINE CONFERENCE , NORTHSTAR FASHION...

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IN 2023, RIVERCENTRE CONTINUED TO HOST ANNUAL MEETINGS, CONFERENCES AND TRADESHOWS INCLUDING: MINNESOTA DENTAL STAR OF THE NORTH MEETING, ALLEN D. LEMAN SWINE CONFERENCE , NORTHSTAR FASHION EXHIBITORS, NORTHWEST SHOE TRAVELERS BUYING MARKET, LEADING AGE MINNESOTA INSTITUTE & EXPO, CONTINUING LEGAL EDUCATION FAMILY LAW INSTITUTE AND EMPLOYMENT LAW INSTITUTE, MN PETROLEUM MARKETERS ASSOCIATION CONVENTION & TRADESHOW, INTERNATIONAL NATURAL FOOD RETAILERS ASSOCIATION AND THE NATIONAL VETERINARY SCHOLARS SYMPOSIUM. MANY BANQUETS, GALAS AND BENEFITS HOSTED THEIR EVENTS IN RIVERCENTRE INCLUDING: MINNESOTA CHAMBER OF COMMERCE SESSION PRIORITIES DINNER, SANNEH FOUNDATION GALA4GOALS, GUIDING STAR WAKOTA GROW WITH US GALA, FRIENDS OF THE ST PAUL PUBLIC LIBRARY OPUS & OLIVES GALA, BLUE NITE & BLUE HONOR GALAS, FEDERATED CHALLENGE SUPPORTING BIG BROTHERS BIG SISTERS, NOCHE DE COLORES, BLACK OUT BUSINESS GALA, MEDA FUNDRAISING GALA, SAINT PAUL ATHENA AWARDS, FRASER FESTIVAL FOR AUTISM, CRESCENT COVE HOME PLATE GALA, FRESH ENERGYS BENEFIT BREAKFAST, HIGH SCHOOL SOCCER TOURNAMENT BANQUETS, MINNESOTA STATE HIGH SCHOOL VOLLEYBALL, SOCCER, HOCKEY, LACROSSE, BASKETBALL AND GYMNASTICS BANQUET, HUNT ELECTRIC HOLIDAY PARTY, AND WINTER CARNIVAL CORONATION. WE ALSO ENJOYED WORKING WITH OUR ANNUAL PUBLIC EVENTS: LAND O' LAKES KENNEL CLUB DOG SHOW, ST. PAUL RV SUPER SHOW, SAINTLY CITY CAT SHOW, HIGH TECH KIDS MINNESOTA FIRST TECH CHALLENGE & FIRST LEGO LEAGUE CHALLENGE STATE CHAMPIONSHIPS, TWIN CITIES BRIDAL SHOW, LET'S PLAY HOCKEY EXPO, DONNIE SMITH BIKE SHOW & SWAP MEET, MINNESOTA BRIDAL & WEDDING EXPO, SHOW ME REPTILE SHOW, MODEST PREMIUM AUTOMOTIVE SHOWCASE, THE MINNESOTA STATE SCIENCE & ENGINEERING FAIR, TWIN CITIES IN MOTION HEALTH & FITNESS EXPO, AMERICAN CRAFT MADE, HMONG NEW YEAR, AND THE SAINT PAUL ICE FISHING AND WINTER SPORTS SHOW. IN ADDITION, WE HOSTED MINNESOTA ROLLER DERBY BOUTS & PRACTICES, VARIOUS DANCE COMPETITIONS AND NINE US DISTRICT COURT NATURALIZATION CEREMONIES.

Program 3

MEMBERSHIP IS RESPONSIBLE FOR PROVIDING MEMBER VALUE TO PARTNER BUSINESSES BY FACILITATING CONNECTIONS WITH VISITORS TO SAINT PAUL FOR MEETINGS, EVENTS AND LEISURE TRAVEL, IN ADDITION TO PROVIDING...

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MEMBERSHIP IS RESPONSIBLE FOR PROVIDING MEMBER VALUE TO PARTNER BUSINESSES BY FACILITATING CONNECTIONS WITH VISITORS TO SAINT PAUL FOR MEETINGS, EVENTS AND LEISURE TRAVEL, IN ADDITION TO PROVIDING INDUSTRY-WIDE NETWORKING AND EVENTS. MEMBERSHIP ACCOMPLISHED THE FOLLOWING IN 2023 PLANNED 13 MEMBER EVENTS SERVING 1255 ATTENDEES, INCLUDING BI-MONTHLY MYVSP MEETINGS, MEMBER ORIENTATION, 5 NATIONAL TRAVEL & TOURISM WEEK EVENTS, A WELCOME RECEPTION FOR OUR NEW PRESIDENT & CEO AND TASTE OF SAINT PAUL. PAYING DUES MEMBERS WAS OVER 200 (NO CHANGE FROM 2022). STRATEGIC MARKETING EFFORTS FOR MEMBER INCLUSION IN MARKETING MATERIALS SUCH AS BLOG CONTENT, WEBSITE, E-MAIL MARKETING SOCIAL MEDIA COMMUNICATIONS, AND MORE. LAUNCHED A PATIO PASSPORT INCLUDING 20 LOCAL BUSINESSES AND ONBOARDING OVER 1,200 PASS USERS GENERATING OVER 240 CHECK-INS AT PATIOS. LAUNCHED A HOCKEY PASSPORT WITH OVER 30 ICONIC HOCKEY DESTINATIONS, ONBOARDING OVER 400 PASS USERS AND MORE THAN 60 CHECK-INS.

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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 $5,313,417
Program Service Revenue $13,790,530
Investment Income $94,536
Other Revenue $51,844
TOTAL REVENUE $19,250,327

Expense Breakdown

Grants Paid $3,273,086
Salaries & Benefits $1,443,201
Fundraising Expenses $0
Other Expenses $12,922,884
TOTAL EXPENSES $17,639,171

Year-over-Year Comparison

2023 2022 Change
Revenue $19,250,327 $19,119,684 +0.0%
Expenses $17,639,171 $14,646,417 +0.2%
Net Income $1,611,156 $4,473,267 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
17
Employees
15
Volunteers
18

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
8
$505,455
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CINDY DUPONT INTERIM PRES 40.00
Officer
$197,238 $29,593 $226,831
JAIMEE LUCKE HENDRIKSON PRESIDENT 40.00
Officer
$151,758 $17,735 $169,493
JANE LEWIS VP CONVENTIO 40.00
Highest
$124,727 $37,282 $162,009
AMANDA FRIEDRICH VP SALES & S 40.00
Highest
$112,418 $15,124 $127,542
SHEEYING MOUA CFO 40.00
Officer
$92,956 $16,175 $109,131
LIZ XIONG CHAIR 0.50
Officer Director
$0 $0 $0
EMMA BURNS VICE CHAIR 0.50
Officer Director
$0 $0 $0
RICH GINSBERG TREASURER 0.50
Officer Director
$0 $0 $0
MIKE SOLOMON SECRETARY 0.50
Officer Director
$0 $0 $0
JOHN MARSHALL PAST CHAIR 0.50
Officer Director
$0 $0 $0
MICHAEL BAUERLE BOARD MEMBER 0.50
Director
$0 $0 $0
JUNE BERKOWITZ BOARD MEMBER 0.50
Director
$0 $0 $0
KRYSTLE CRUZ WILLIAMS BOARD MEMBER 0.50
Director
$0 $0 $0
RICHARD DOBRANSKY BOARD MEMBER 0.50
Director
$0 $0 $0
COMMANDER AMANDA HEU BOARD MEMBER 0.50
Director
$0 $0 $0
MIMI DALY LARSON BOARD MEMBER 0.50
Director
$0 $0 $0
WADE LUNEBERG BOARD MEMBER 0.50
Director
$0 $0 $0
REBECCA NOECKER BOARD MEMBER 0.50
Director
$0 $0 $0
JANE PRINCE BOARD MEMBER 0.50
Director
$0 $0 $0
MAUREEN SMITH BOARD MEMBER 0.50
Director
$0 $0 $0
CHRIS TOLBERT BOARD MEMBER 0.50
Director
$0 $0 $0
HOLLAND TUDOR BOARD MEMBER 0.50
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 $19,250,327 $17,639,171 $15,655,521 $1,611,156
2022 $19,119,684 $14,646,417 $14,158,083 $4,473,267
2021 $12,198,491 $11,009,613 $10,775,339 $1,188,878
2020 $9,717,353 $10,556,834 $8,667,212 $-839,481
2019 $17,184,231 $15,772,927 $9,436,358 $1,411,304
2018 $16,338,689 $18,406,474 $8,116,904 $-2,067,785
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