Mansfield-Richland County Convention and Visitors Bureau Inc

EIN: 341363767

Mansfield, OH

Total Revenue
$839,565
Total Expenses
$895,481
Total Assets
$481,347
Net Assets
$481,347
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
OH
Principal Officer
Lee Tasseff
Phone
4195251300
Tax Period
2023-01-01 to 2023-12-31

Mansfield-Richland County Convention and Visitors Bureau Inc, founded in 1980, is a small nonprofit that reported $840K in total revenue in fiscal year 2023.

Mission

Destination Mansfield-Richland County leads the marketing of Richland County through innovative collaboration and cohesive messaging, positioning the region as a desirable choice for recreation, events and entertainment resulting in increased business activity and improved quality of life.

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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 $781,980
Program Service Revenue $46,081
Investment Income $11,504
Other Revenue $0
TOTAL REVENUE $839,565

Expense Breakdown

Grants Paid $0
Salaries & Benefits $327,849
Fundraising Expenses $0
Other Expenses $567,632
TOTAL EXPENSES $895,481

Year-over-Year Comparison

2023 2022 Change
Revenue $839,565 $877,018 0.0%
Expenses $895,481 $785,636 +0.1%
Net Income $-55,916 $91,382 -1.6%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
14
Independent Members
14
Employees
4
Volunteers
22

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
5
$131,239
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lee Tasseff Executive Dir. 40.00
Officer
$99,757 $31,482 $131,239
Sanjiv Patel Director 1.00
Director
$0 $0 $0
Kerri Burkett Director 1.00
Director
$0 $0 $0
Pinal Patel Director 1.00
Director
$0 $0 $0
Josh Steffen Director 1.00
Director
$0 $0 $0
Louis Andres Director 1.00
Director
$0 $0 $0
Steve Haring Director 1.00
Director
$0 $0 $0
Tasheeka Thompson Director 1.00
Director
$0 $0 $0
Michael Miller Director 1.00
Director
$0 $0 $0
Robert Boss Director 1.00
Director
$0 $0 $0
Nate Wolleson Chairman 1.00
Officer
$0 $0 $0
Fred Boll Vice President 1.00
Officer
$0 $0 $0
Josh Maurer Vice President 1.00
Officer
$0 $0 $0
Alex Rocks Treasurer 1.00
Officer
$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 $839,565 $895,481 $481,347 $-55,916
2022 $877,018 $785,636 $537,263 $91,382
2021 $811,094 $602,675 $445,881 $208,419
2020 $541,893 $410,594 $237,462 $131,299
2019 $731,877 $778,170 $106,163 $-46,293
2018 $702,450 $666,811 $152,456 $35,639
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