Nonprofit · EIN 23-0969325
PHILADELPHIA CONVENTION & VISITORS BUREAU OF THE CHAMBER OF COMMERCE
Tax-exempt · PHILADELPHIA, PA 19103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $24,719,214 | $23,427,108 | $1,292,106 | $27,841,017 | $8,557,931 | $19,283,086 |
| June 30, 2024 | 990 | $23,404,663 | $21,201,108 | $2,203,555 | $25,481,525 | $7,490,545 | $17,990,980 |
| June 30, 2023 | 990 | $18,769,517 | $16,801,073 | $1,968,444 | $24,266,720 | $8,479,295 | $15,787,425 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $14,828,576
- of which government grants
- $13,988,752
- Membership dues
- $839,824
- Program service revenue
- $8,965,704
- Investment income
- $908,340
- Other revenue
- $16,594
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,320,069
- Other salaries and wages
- $6,503,173
- Salaries, compensation and benefits (total)
- $9,938,887
- Professional fundraising fees
- $0
- Legal fees
- $32,828
- Accounting fees
- $43,296
- Occupancy
- $419,769
- Travel
- $1,755,038
- Depreciation
- $48,015
- Program services (functional)
- $21,227,503
- Management and general (functional)
- $2,199,605
Balance sheet and other
- Total assets, start of year
- $25,481,525
- Total assets, end of year
- $27,841,017
- Total liabilities, end of year
- $8,557,931
- Net assets, end of year
- $19,283,086
- Land, buildings and equipment
- $233,611
- Net assets without donor restrictions
- $19,283,086
- Gross receipts
- $24,719,214
- Employees
- 65
- Year formed
- 1942
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GREGG CAREN | PRES. & CEO Officer | 50 | $566,582 | $52,375 |
| MARIA GRASSO | CHIEF SALES Officer | 50 | $299,470 | $64,522 |
| LARRY NEEDLE | EXEC DIR PH Officer | 50 | $245,727 | $52,560 |
| ARTHUR M AYRES | CFO Officer | 50 | $208,290 | $60,259 |
| JOSEPH HELLER | CMO Highest-paid employee | 50 | $224,323 | $39,670 |
| BONNIE GRANT | EX DIR PHL L Highest-paid employee | 50 | $201,287 | $41,650 |
| JASON JORDAN | VP CONVENTIO Highest-paid employee | 50 | $159,375 | $65,622 |
| KEVIN RICHARD | NAT'L ACCOUN Highest-paid employee | 50 | $188,404 | $24,409 |
| CHRISTINE SPENCER | MARKETING DI Highest-paid employee | 50 | $142,390 | $37,973 |
| SEE ATTACHED FOR THE BOD LIST | BOD Trustee or director | – | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GREGG CAREN | PRES. & CEO Officer | 50 | $486,121 | $59,785 |
| MARIA GRASSO | SR VP CONV D Highest-paid employee | 50 | $300,376 | $63,995 |
| LARRY NEEDLE | EXEC DIR PH Highest-paid employee | 50 | $231,257 | $51,584 |
| ARTHUR M AYRES | SR VP OF FIN Officer | 50 | $195,635 | $57,891 |
| JOSEPH HELLER | VP MARCOM Highest-paid employee | 50 | $213,526 | $30,299 |
| NIK PEREIRA | VP CONVENTIO Highest-paid employee | 50 | $209,011 | $32,143 |
| BONNIE GRANT | EX DIR PHL L Highest-paid employee | 50 | $191,458 | $40,628 |
| SEE ATTACHED FOR THE BOD LIST | BOD Trustee or director | – | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GREGG CAREN | PRES. & CEO Officer | 50 | $506,304 | $38,687 |
| MARIA GRASSO | SR VP CONV D Highest-paid employee | 50 | $249,467 | $54,899 |
| ARTHUR M AYRES | SR VP OF FIN Officer | 50 | $214,545 | $45,808 |
| JOSEPH HELLER | VP MARCOM Highest-paid employee | 50 | $209,017 | $36,130 |
| LARRY NEEDLE | EXEC DIR PH Highest-paid employee | 50 | $190,528 | $41,492 |
| KEVIN RICHARDS | NATL ACCOUNT Highest-paid employee | 50 | $211,508 | $19,319 |
| BONNIE GRANT | EX DIR PHL L Highest-paid employee | 50 | $170,094 | $37,395 |
| SEE ATTACHED FOR THE BOD LIST | BOD Trustee or director | – | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1601 MARKET ST STE 200, PHILADELPHIA, PA 19103-2327
- Principal officer (990 for 2024)
- GREGG CAREN, 1601 MARKET STREET, PHILADELPHIA, PA 19102
- Signed the 990
- GREGG CAREN, PRES. & CEO
- Phone
- (215) 636-3300
- Website
- WWW.DISCOVERPHL.COM
- Return prepared by
- MILLIGAN & COMPANY LLC
Mission
THE PHILADELPHIA CONVENTION & VISITORS BUREAU (PHLCVB) IS THE OFFICIAL TOURISM PROMOTION AGENCY FOR THE CITY OF PHILADELPHIA GLOBALLY, AND THE SALES AND MARKETING AGENCY FOR THE PENNSYLVANIA CONVENTION CENTER (PCC). PHLCVB MARKETS PHILADELPHIA AS A TOP DESTINATION FOR MEETINGS, CONVENTIONS, SPORTING EVENTS AND INTERNATIONAL LEISURE TOURISM. IN FISCAL 2025, THE PHLCVB HOSTED 267 EVENTS IN TOTAL, INCLUDING 21 CITYWIDE EVENTS (THOSE WITH OVER 2,000 ROOM NIGHTS ON PEAK) THAT BOOSTED THE LOCAL ECONOMY. THESE EVENTS RESULTED IN 410 MILLION IN DIRECT SPEND AND 636 MILLION IN ECONOMIC IMPACT, WHICH GENERATED 27.2 MILLION IN LOCAL TAX REVENUE AND 31.9 MILLION IN STATE TAX REVENUE. KEY PROGRAMS INCLUDED: -CONVENTION SALES: SALES AND INCENTIVE EFFORTS TO ATTRACT, BOOK, AND REBOOK MAJOR CONVENTIONS, TRADESHOWS, MEETINGS, AND SPORTING EVENTS TO POSITION PHILADELPHIA AS A PREMIER MEETING DESTINATION AROUND THE WORLD. -DESTINATION SERVICES: CONNECTING MEETING PLANNERS WITH PHILADELPHIA STAKEHOLDERS I
Program accomplishments
- CONVENTION SALES THE PHLCVB'S CONVENTION SALES PROGRAM IS CHARGED WITH HELPING TO DRIVE OVERNIGHT VISITATION BY BOOKING AND SERVICING MEETINGS, CONVENTIONS, TRADE SHOWS, AND SPORTING EVENTS INTO THE PCC, PARTNER HOTELS, AND VENUES AROUND THE CITY. THIS ACTIVITY IS CRITICAL TO THE SUCCESS OF PHILADELPHIA'S TOURISM INDUSTRY, AS MEETINGS AND CONVENTIONS ARE LONGER-TERM PIECES OF BUSINESS THAT PROVIDE A STRONG FOUNDATION FOR PHILADELPHIA'S ECONOMY AND PROVIDE SECURITY FOR PHILADELPHIA'S HOSPITALITY-RELATED JOBS. THE CONVENTION SALES FUNCTION ALSO INCLUDES THREE KEY VERTICALS - PHL DIVERSITY, PHL LIFE SCIENCES, AND PHL SPORTS. IN FISCAL 2025, PHILADELPHIA'S HOSPITALITY INDUSTRY CONTINUED TO SEE YEAR- OVER-YEAR IMPROVEMENTS IN PERFORMANCE METRICS ACROSS MANY CATEGORIES. -THE PHLCVB SECURED 297 EVENTS FOR FUTURE YEARS, INCLUDING 17 CITY-WIDE EVENTS, PROJECTED TO BRING AN ESTIMATED 567,562 ATTENDEES TO PHILADELPHIA, GENERATING AN ESTIMATED 586,851 TOTAL ROOM NIGHTS. PHL LIFE SCIENCES: PHL LIFE SCIENCES IS THE FIRST AND ONLY DIVISION OF A CVB IN THE COUNTRY FOCUSED ON LIFE SCIENCES MEETINGS. THE DIVISION WORKS TO PROVIDE ACCESS TO PHILADELPHIA'S SUBSTANTIAL HEALTHCARE AND HIGHER EDUCATION COMMUNITY OF ACADEMICS, MEDICAL AND NURSING LEADERS, HEALTHCARE EXPERTS, BIOTECHNOLOGY, PHARMACEUTICAL, AND RELATED VENTURE CAPITAL CONTACTS. DIVISION HIGHLIGHTS INCLUDE: -IN FISCAL 2025, PHL LIFE SCIENCES HOSTED 59 EVENTS, WELCOMING 82,606 ATTENDEES, AND 146,603 ROOM NIGHTS. THE DIVISION BOOKED 73 CONVENTIONS FOR FUTURE YEARS WITH AN ESTIMATED 72,667 ATTENDEES AND 116,799 ROOM NIGHTS. -THE 2025 AMERICAN SOCIETY OF ANESTHESIOLOGISTS ANNUAL MEETING WELCOMED MORE THAN 12,000 MEDICAL PROFESSIONALS AND RESEARCHERS TO THE PCC. THE EVENT INCLUDED EDUCATIONAL SESSIONS AND WORKSHOPS THAT PROVIDED THE OPPORTUNITY FOR PROFESSIONALS TO SHARE KNOWLEDGE AND NEW DIRECTIONS IN RESEARCH AND PRACTICE. -CPHI NORTH AMERICA, THE NATION'S PREMIER PHARMACEUTICAL CONVENTION, HOSTED AT THE PCC OVER THE COURSE OF THREE DAYS, CREATING CONNECTIONS AND PARTNERSHIPS ACROSS THE GLOBAL PHARMA COMMUNITY. PHL SPORTS: FOR MORE THAN 30 YEARS, PHL SPORTS HAS BROUGHT MAJOR SPORTING EVENTS AND CONVENTIONS TO PHILADELPHIA. PHL SPORTS ENGAGES A WIDE RANGE OF COMMUNITY PARTNERS TO PROMOTE AND POSITION PHILADELPHIA AS A TOP DESTINATION FOR MARQUEE SPORTING EVENTS. DIVISION HIGHLIGHTS INCLUDE: -IN FISCAL 2025, PHL SPORTS BOOKED 24 SPORTING EVENTS FOR FUTURE YEARS WITH AN ESTIMATED 279,360 ATTENDEES AND 116,130 ROOM NIGHTS. -IN FISCAL 2025, LINCOLN FINANCIAL FIELD HOSTED THE NCAA MEN'S LACROSSE CHAMPIONSHIPS, WELCOMING MORE THAN 80,000 FANS OVER MEMORIAL DAY WEEKEND. PHL DIVERSITY: THE PHLCVB WAS ONE OF THE FIRST CVBS IN THE U.S. TO ESTABLISH A DIVISION HIGHLIGHTING THE DESTINATION AS A DIVERSE, EQUITABLE, AND INCLUSIVE LOCATION FOR MEETINGS, EVENTS, CONVENTIONS, AND VISITORS. FOR MORE THAN 30 YEARS, PHL DIVERSITY HAS BEEN CONNECTING MEETING PLANNERS TO LOCAL DIVERSE BUSINESSES, SUPPLIERS AND COMMUNITY LEADERS WITH SHARED VALUES AND GOALS WHO CAN HELP FACILITATE COMMUNITY ENGAGEMENT PROGRAMS OR SERVE AS SPEAKERS AND EXPERTS. DIVISION HIGHLIGHTS INCLUDE: -IN FISCAL 2025, PHL DIVERSITY HOSTED 19 EVENTS WITH 30,918 ATTENDEES AND 32,847 ROOM NIGHTS. THE DIVISION BOOKED 18 CONVENTIONS FOR FUTURE YEARS WITH AN ESTIMATED 12,596 ATTENDEES AND 19,980 ROOM NIGHTS. -IN OCTOBER 2024, THE ANITAB.ORG GRACE HOPPER CELEBRATION BROUGHT TOGETHER 11,000 WOMEN AND NON-BINARY TECHNOLOGISTS FOR THE WORLD'S LARGEST CONFERENCE DEDICATED TO ADVANCING DIVERSITY IN TECH THROUGH PROFESSIONAL DEVELOPMENT, NETWORKING, AND CAREER OPPORTUNITIES. -DELTA SIGMA THETA SORORITY 2024 HELD THEIR EASTERN REGIONAL CONFERENCE IN PHILADELPHIA WHICH BROUGHT TOGETHER MORE THAN 10,000 MEMBERS OF THE HISTORIC, SERVICE-DRIVEN SISTERHOOD TO THE PCC FOR A WEEKEND OF EMPOWERMENT, NETWORKING, AND COMMUNITY IMPACT.Expenses $11,590,902
- MARKETING & COMMUNICATIONS THE MARKETING AND COMMUNICATIONS TEAM CRAFTS CONTENT AND CAMPAIGNS THAT PROMOTE PHILADELPHIA, THE PHLCVB, AND THE PCC THROUGH A VARIETY OF PROGRAMS TARGETING MEETING AND EVENT PLANNERS, INFLUENCERS, CONVENTION ATTENDEES, MEDIA, DOMESTIC GROUP TOUR OPERATORS, INTERNATIONAL LEISURE TRAVELERS, AND TRAVEL TRADE PROFESSIONALS. THESE ACTIVITIES ALL HELP TO SUPPORT THE EFFORTS OF THE CONVENTION SALES AND GLOBAL TOURISM PROGRAMS IN DRIVING OVERNIGHT VISITATION TO PHILADELPHIA THROUGH CREATIVE MESSAGING AND STORYTELLING. KEY HIGHLIGHTS INCLUDE: PHLCVB MARKETING & COMMUNICATIONS CAMPAIGNS: -THE PHLCVB'S SOCIAL MEDIA CHANNELS INCREASED FANS AND FOLLOWERS BY 76,586. TOTAL FOLLOWERS ACROSS ALL OWNED ACCOUNTS TOTALED 526,226 OVER 15 ACCOUNTS IN 4 COUNTRIES. -IN FISCAL 2025, THE PHLCVB WEBSITE HAD 227,113 UNIQUE VISITORS AND 574,928 TOTAL PAGE VIEWS.Expenses $5,702,167
- GLOBAL TOURISM: -MARKETS OF FOCUS FOR GLOBAL TOURISM INITIATIVES INCLUDE REPRESENTATION FIRMS AROUND THE GLOBE IN CHINA, INDIA, AUSTRALIA, MEXICO, CANADA, FRANCE, ITALY (ALSO COVERS SPAIN), GERMANY (ALSO COVERS AUSTRIA AND SWITZERLAND), THE U.K. (ALSO COVERS IRELAND), AND THE NETHERLANDS (ALSO COVERS BELGIUM AND LUXEMBURG). -IN FISCAL 2025, PHILADELPHIA WELCOMED 1.2 MILLION VISITORS WHO CHOSE TO TRAVEL TO THE CITY FROM INTERNATIONAL DESTINATIONS, RESULTING IN 678.9 MILLION IN SPENDING. THESE VISITORS CONTRIBUTED AN ECONOMIC IMPACT OF 1.2 BILLION AND DIRECTLY SUPPORTED 9,548 HOSPITALITY JOBS. -GLOBAL TOURISM ACTIVITY HIGHLIGHTS INCLUDE THE TEAM ATTENDING 62 SALES EVENTS AND HOSTING MORE THAN 150 TRADE PARTNERS FROM 14 COUNTRIES ON 22 FAM TOURS OF PHILADELPHIA.Expenses $2,565,858
- PARTNERSHIP (MEMBERSHIP): THE PHLCVB PARTNERSHIP PROGRAM PROVIDES REGIONAL BUSINESSES A PLATFORM FOR MARKETING THEIR LOCATIONS AND SERVICES, AND A VALUABLE CONNECTION POINT WITH MEETING PROFESSIONALS, LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL VISITORS, BUSINESS TRAVELERS AND CONVENTION ATTENDEES. THE PROGRAM PROVIDES PARTNERS WITH RESEARCH ABOUT THE TRAVEL INDUSTRY, TREND ANALYTICS, CURRENT AND FUTURE EVENT BOOKINGS DETAILS, ACCESS TO EXCLUSIVE NETWORKING EVENTS, AND MORE. -THE PHLCVB HAD 762 TOTAL PARTNERS, WITH 88 NEW PARTNERS JOINING OVER THE YEAR AND A RETENTION RATE OF 93%.Expenses $1,368,576
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-0969325
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1944
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $27,841,017
- Income (IRS master file)
- $24,719,214
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $24,719,214 | $23,427,108 | $27,841,017 | XML |
| 990 | June 2024 | $23,404,663 | $21,201,108 | $25,481,525 | XML |
| 990 | June 2023 | $18,769,517 | $16,801,073 | $24,266,720 | XML |
| 990 | June 2022 | $20,955,897 | $12,604,123 | $21,636,489 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-0969325).
Questions about PHILADELPHIA CONVENTION & VISITORS BUREAU OF THE CHAMBER OF COMMERCE
- What is the EIN of PHILADELPHIA CONVENTION & VISITORS BUREAU OF THE CHAMBER OF COMMERCE?
- The employer identification number (EIN) of PHILADELPHIA CONVENTION & VISITORS BUREAU OF THE CHAMBER OF COMMERCE is 23-0969325.
- Is PHILADELPHIA CONVENTION & VISITORS BUREAU OF THE CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1944.
- Are donations to PHILADELPHIA CONVENTION & VISITORS BUREAU OF THE CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PHILADELPHIA CONVENTION & VISITORS BUREAU OF THE CHAMBER OF COMMERCE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PHILADELPHIA CONVENTION & VISITORS BUREAU OF THE CHAMBER OF COMMERCE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PHILADELPHIA CONVENTION & VISITORS BUREAU OF THE CHAMBER OF COMMERCE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PHILADELPHIA CONVENTION & VISITORS BUREAU OF THE CHAMBER OF COMMERCE?
- The 990 for the year ended June 30, 2025 names GREGG CAREN.
- Who are the officers and directors of PHILADELPHIA CONVENTION & VISITORS BUREAU OF THE CHAMBER OF COMMERCE?
- The 990 for the year ended June 30, 2025 lists 10 people; 9 received compensation from the organization, the highest $566,582 (GREGG CAREN, PRES. & CEO).
- How much revenue does PHILADELPHIA CONVENTION & VISITORS BUREAU OF THE CHAMBER OF COMMERCE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $24,719,214, expenses of $23,427,108 and total assets of $27,841,017 at year end.
Other nonprofits in PHILADELPHIA
- TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA EIN 23-1352685 · last filed 990 for 2025
- THE CHILDRENS HOSPITAL OF PHILADELPHIA EIN 23-1352166 · last filed 990 for 2025
- THOMAS JEFFERSON UNIVERSITY HOSPITAL EIN 23-2829095 · last filed 990 for 2025
- TEMPLE UNIVERSITY HOSPITAL INC EIN 23-2825878 · last filed 990 for 2025
- HEALTH PARTNERS PLANS INC EIN 23-2379751 · last filed 990 for 2024
- TEMPLE UNIVERSITY-OF THE COMMONWEALTH SYSTEM OF HIGHER EDUC EIN 23-1365971 · last filed 990 for 2025
- THOMAS JEFFERSON UNIVERSITY EIN 23-1352651 · last filed 990 for 2025
- DREXEL UNIVERSITY EIN 23-1352630 · last filed 990 for 2025