PARKERSBURGWOOD COUNTY CONVENTION & VISITORS BUREAU INC

EIN: 550652972

PARKERSBURG, WV

Total Revenue
$796,744
Total Expenses
$690,869
Total Assets
$925,520
Net Assets
$446,789
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
WV
Principal Officer
MARK LEWIS
Phone
3044281130
Tax Period
2024-01-01 to 2024-12-31

PARKERSBURGWOOD COUNTY CONVENTION & VISITORS BUREAU INC, founded in 1985, is a small nonprofit that reported $797K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $691K left a modest 13% surplus.

Mission

DESTINATION MARKETING ORGANIZATION PROMOTING WOOD COUNTY WV AS A DESTINATION FOR LEISURE TRAVEL, MEETINGS, GROUP TOURS AND SPORTS EVENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $652,344
Program Service Revenue $33,619
Investment Income $107,261
Other Revenue $3,520
TOTAL REVENUE $796,744

Expense Breakdown

Grants Paid $0
Salaries & Benefits $234,288
Fundraising Expenses $0
Program Expenses $464,020
Other Expenses $456,581
TOTAL EXPENSES $690,869

Year-over-Year Comparison

2024 2023 Change
Revenue $796,744 $622,393 +0.3%
Expenses $690,869 $748,686 -0.1%
Net Income $105,875 $-126,293 -1.8%
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
17
Independent Members
16
Employees
3
Volunteers
16

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
$113,592
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EK SLEETH BOARD MEMBER 1.00
Director
$0 $0 $0
ALAN HARDWAY PAST CHAIRMAN 1.00
Director
$0 $0 $0
PATSY HARDY SECRETARY 1.00
Officer Director
$0 $0 $0
BLAIR COUCH CHAIRMAN 1.00
Officer Director
$0 $0 $0
KRISTI STEED BOARD MEMBER 1.00
Director
$0 $0 $0
CHAD WINEBRENNER VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
CRAIG PYLES BOARD MEMBER 1.00
Director
$0 $0 $0
LINDA KERN BOARD MEMBER 1.00
Director
$0 $0 $0
RICK MODESITT BOARD MEMBER 1.00
Director
$0 $0 $0
MADESON WITKSKY-BARR BOARD MEMBER 1.00
Director
$0 $0 $0
JEREMY CROSS BOARD MEMBER 1.00
Director
$0 $0 $0
VINNIE CONLEY BOARD MEMBER 1.00
Director
$0 $0 $0
RYAN BARBER BOARD MEMBER 1.00
Director
$0 $0 $0
DWIGHT MARTY TREASURER 0.00
Officer Director
$0 $0 $0
LEE RECTOR BOARD MEMBER 1.00
Director
$0 $0 $0
AMANDA MOTT BOARD MEMBER 1.00
Director
$0 $0 $0
MARK LEWIS PRESIDENT & CEO 40.00
Officer
$86,984 $26,608 $113,592
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 $796,744 $690,869 $925,520 $105,875
2023 $622,393 $748,686 $868,503 $-126,293
2022 $823,152 $735,395 $975,160 $87,757
2021 $682,599 $578,290 $552,719 $104,309
2020 $411,391 $422,812 $424,145 $-11,421
2019 $618,975 $694,806 $327,036 $-75,831
2018 $704,981 $583,094 $408,800 $121,887
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