Aberdeen Area Convention and Visitors Bureau Inc

EIN: 460422304

Aberdeen, SD

Total Revenue
$847,035
Total Expenses
$766,095
Total Assets
$727,093
Net Assets
$543,161
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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
SD
Principal Officer
Casey Weismantel
Phone
6052252414
Tax Period
2024-01-01 to 2024-12-31

Aberdeen Area Convention and Visitors Bureau Inc, founded in 1992, is a small nonprofit that reported $765K in total revenue in fiscal year 2018.

Mission

The Aberdeen Area Convention and Visitors Bureau acts as a promotion agency for the City of Aberdeen, SD as a visitor destination and center for conventions and related activities.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $830,620
Program Service Revenue $15,900
Investment Income $515
Other Revenue $0
TOTAL REVENUE $847,035

Expense Breakdown

Grants Paid $78,900
Salaries & Benefits $304,139
Fundraising Expenses $0
Other Expenses $383,056
TOTAL EXPENSES $766,095

Year-over-Year Comparison

2024 2023 Change
Revenue $847,035 $829,016 +0.0%
Expenses $766,095 $791,719 0.0%
Net Income $80,940 $37,297 +1.2%
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
11
Independent Members
11
Employees
6
Volunteers
36

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
$149,330
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Casey Weismantel Executive Director 40.00
Officer
$72,800 $13,936 $86,736
Cindy Tople Finance & Visitor Relations Manager 40.00
Officer
$45,150 $17,444 $62,594
Abby Murano Past President 1.00
Officer Director
$0 $0 $0
Dawn Thorstenson President 1.00
Officer Director
$0 $0 $0
Brent Hanson President Elect 1.00
Officer Director
$0 $0 $0
Kristan Morris Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Brady Byram Board Member 0.25
Director
$0 $0 $0
Aaron Smith Board Member 0.25
Director
$0 $0 $0
Dawn Seiler Board Member 0.25
Director
$0 $0 $0
Craig Green Board Member 0.25
Director
$0 $0 $0
Carlos Camacho Board Member 0.25
Director
$0 $0 $0
Steven McKee Board Member - Left 1/2024 0.25
Director
$0 $0 $0
Jay Hill Board Member - Joined 3/2024 0.25
Director
$0 $0 $0
Zach Flakus Board Member 0.25
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 $847,035 $766,095 $727,093 $80,940
2023 $829,016 $791,719 $677,212 $37,297
2022 $786,278 $806,315 $647,135 $-20,037
2021 $760,974 $754,654 $468,630 $6,320
2020 $843,778 $792,272 $443,764 $51,506
2019 $771,508 $716,419 $400,423 $55,089
2018 $765,463 $743,338 $337,334 $22,125
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