2024-02-28T11:56:53-06:00 2023-06-30 371122831 STRIEGEL KNOBLOCH & COMPANY LLC 115 W JEFFERSON ST SUITE 200 BLOOMINGTON IL 61701 990 2022-07-01 331037577 BLOOMINGTON-NORMAL AREA CONVENTION & VISITORS BUREAU BLOO 3096650033 101 S MADISON STREET BLOOMINGTON IL 61701 SCOTT BLACK CHAIR 3096650033 2024-01-17 1 SCOTT BLACK 999009999 1 BENJAMIN J SMITH PARTNER P01272971 3098294303 2024-01-16 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SCOTT BLACK 101 S MADISON STREET BLOOMINGTON IL 61701 1449277 0 X WWW.VISITBN.ORG X 2003 IL THE ORGANIZATION WORKS TO ENHANCE THE REGION'S ECONOMIC VITALITY. 10 10 9 0 0 0 922593 1327888 134245 101120 -88309 1994 33 18275 968562 1449277 0 0 0 0 364742 449448 0 0 0 627505 988384 992247 1437832 -23685 11445 2292815 2647388 41538 384666 2251277 2262722 THE BLOOMINGTON-NORMAL AREA CONVENTION AND VISITORS BUREAU WORKS TO ENHANCE THE REGION'S ECONOMIC VITALITY, SUSTAINABILITY AND QUALITY OF LIFE BY MARKETING THE COUNTY AS A COMPELLING DESTINATION. 0 0 1277709 119395 THE BUREAU PROMOTES SPORTING EVENTS, CONVENTIONS, AND TOURISM ATTRACTIONS TRHOUGH SPONSORSHIPS, ADVERTISING, AND SPECIAL EVENTS TO BRING VISITORS TO THE BLOOMINGTON-NORMAL AREA AND THE SURROUNDING COMMUNITIES. FOR INSTANCE, THE BUREAU PRINTS AND DISTRIBUTES VISITOR'S GUIDES IN ILLINOIS, AS WELL AS HOLDING AN ANNUAL YOUTH GOLF TOURNAMENT AND SPONSORING A YOUTH WRESTLING TOURNAMENT, AS WELL AS SEVERAL CONVENTIONS THAT BRING VISITORS TO THE AREA HOTELS AND BUSINESSES. 1277709 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 9 1 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 0 0 X CRYSTAL HOWARD 3096650033 101 S MADISON STREET BLOOMINGTON IL 61701 SCOTT BLACK CHAIRMAN 1.00 X X 0 0 0 CHERYL MAGNUSON BOARD MEMBER 1.00 X 0 0 0 TARI RENNER BOARD MEMBER 1.00 X 0 0 0 JUSTIN BOYD BOARD MEMBER 1.00 X 0 0 0 MIGIDI TEMBO BOARD MEMBER 1.00 X 0 0 0 BETH WHISMAN SECRETARY 1.00 X X 0 0 0 MELISSA LIBERT BOARD MEMBER 1.00 X 0 0 0 ANDY BYARS BOARD MEMBER 1.00 X 0 0 0 TOM CRUMPLER BOARD MEMBER 1.00 X 0 0 0 CRYSTAL HOWARD PRESIDENT & CEO 40.00 X 104535 0 18469 104535 0 18469 1 0 0 0 0 1327888 1327888 THE YOUTH CLASSIC 611620 61959 61959 SPORTS COMMISSION 611620 22961 22961 VISITOR'S GUIDE 900099 16200 16200 101120 1994 1994 GIFT SHOP INCOME 900099 9865 9865 EVENT REVENUE 900099 8375 8375 OTHER INCOME 900099 35 35 18275 1449277 119395 0 1994 X 123004 73802 49202 248997 234959 14038 3818 3169 649 43897 36434 7463 29732 24678 5054 46410 46410 5460 4095 1365 47353 33148 14205 43821 43821 20593 14415 6178 4573 4573 REIMBURSEMENT EXPENSE 259826 259826 CONTRACTUAL OBLIGATION 150752 150752 CONSUMER LEISURE - MARK 120157 120157 YOUTH CLASSIC 76521 76521 212918 201932 10986 1437832 1277709 160123 0 271004 562386 1625983 1310270 263319 131846 110546 4941 2893 336817 98369 259041 238448 0 159526 2292815 2647388 41538 61265 163875 0 159526 41538 384666 X 2251277 2259229 3493 2251277 2262722 2292815 2647388 11445 0 X 0 1 X 1 0 263186 27684 235502 73631 70685 2946 238448 RIGHT OF USE ASSETS 159526 159526 LEASE LIABILITIES 159526 159526 X 1449277 0 1449277 0 1449277 1437832 0 1437832 0 1437832 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE BUREAU'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE BUREAU AND RECOGNIZE A TAX LIABILITY IF THE BUREAU HAS TAKEN AN UNCERTAIN POSITION THAT MORE THAN LIKELY WOULD NOT BE SUSTAINED UPON EXAMINATION BY APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE BUREAU AND HAS CONCLUDED THAT AS OF JUNE 30, 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE BUREAU IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. TAX YEARS PRIOR TO 2020 ARE CLOSED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 AND AUDIT REPORTS ARE PRESENTED TO THE BOARD. THE BOARD MEMBERS REVIEW AND APPROVE THE REPORTS AND FORM 990 AND THE CHAIRMAN OF THE BOARD SIGNS THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO THE BOARD MEMBERS WHEN THEY FIRST JOIN THE BOARD AND STAFF MEMBERS ANNUALLY, WHO THEN SIGN AN ACKNOWLEDGEMENT STATING THEY ARE IN COMPLIANCE WITH THE POLICY. ONCE DISCLOSED, SAFEGUARDS ARE ESTABLISHED TO PROTECT ALL PARTIES INVOLVED. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD MEMBERS REVIEW AND APPROVE THE PRESIDENT'S SALARY AND BONUS ANNUALLY DURING AN EXECUTIVE SESSION OF THE REGULAR BOARD MEETING. THE BOARD EXAMINES COMPARABLE SALARY DATA FOR OTHER CONVENTION AND VISITORS BUREAUS DURING THEIR REVIEW. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITING FIRM PROVIDES A COPY OF THE FORM 990 WHEN THE COMPLETED AUDIT REPORTS ARE PRESENTED TO THE BOARD. THE BOARD MEMBERS REVIEW AND APPROVE THE REPORTS AND FORM 990 AND THE CHAIRMAN OF THE BOARD SIGNS THE FORM 990. SEE THE FINANCIAL STATEMENTS FOR SIGNIFICANT ACCOUNTING POLICIES. ORGANIZATION GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E SPORTS - MARKETING: PROGRAM SERVICE EXPENSES 61,428. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 61,428. RETENTION AND ATTRACTION: PROGRAM SERVICE EXPENSES 40,400. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,400. PUBLICATIONS: PROGRAM SERVICE EXPENSES 35,342. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,342. GENERAL PUBLIC RELATIONS: PROGRAM SERVICE EXPENSES 32,445. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,445. GROUP TOUR - MARKETING: PROGRAM SERVICE EXPENSES 12,532. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,532. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,396. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,396. EVENT EXPENSE: PROGRAM SERVICE EXPENSES 6,243. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,243. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 5,650. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,650. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 4,551. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,551. POSTAGE AND SHIPPING: PROGRAM SERVICE EXPENSES 3,341. MANAGEMENT AND GENERAL EXPENSES 590. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,931.