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Nonprofit · EIN 41-1625680

ROCHESTER MN CONVENTION & VISITORS BUREAU

Tax-exempt · ROCHESTER, MN 55904

Financials

$11.9M$12.5M2023$14.7M$14.3M2024
Revenue Expenses · by fiscal year end
Financials of ROCHESTER MN CONVENTION & VISITORS BUREAU by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$14,685,628$14,277,073$408,555$4,049,423$2,806,987$1,242,436
December 31, 2023990$11,902,792$12,464,284-$561,492$3,051,249$2,217,368$833,881
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,410,000
Program service revenue
$9,694,323
Investment income
-$1,644
Net gain from sales of assets
-$1,644
Other revenue
$582,949

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$261,879
Other salaries and wages
$1,332,899
Salaries, compensation and benefits (total)
$2,929,055
Professional fundraising fees
$0
Legal fees
$22,735
Occupancy
$1,258,091
Depreciation
$69,131

Balance sheet and other

Total assets, start of year
$3,051,249
Total assets, end of year
$4,049,423
Total liabilities, end of year
$2,806,987
Net assets, end of year
$1,242,436
Land, buildings and equipment
$178,493
Net assets without donor restrictions
$1,242,436
Gross receipts
$14,687,272
Employees
16
Volunteers
0
Year formed
1988
State of legal domicile
MN

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JOSEPH T WARDPRESIDENT
Officer
40$225,057$36,822
WILLIAM VON BANKVICE PRESIDENT OF MARKETIN
Highest-paid employee
40$145,331$20,210
ANGIE RICHARDSVICE PRESIDENT OF SALES
Highest-paid employee
40$143,626$19,176
DEANNA MEYERCHIEF OF STAFF
Highest-paid employee
40$129,788$21,436
NICK LANDRYVICE PRESIDENT OF ADMINIST
Highest-paid employee
40$131,374$8,547
MELISSA WILES KEEHNSENIOR NATIONAL SALES MANA
Highest-paid employee
40$122,903$15,660
JACOB MALWITZCHAIR
Trustee or director, Officer
1.5$0$0
JAY STOYLESDIRECTOR
Trustee or director
1.5$0$0
JESS HEMENWAYDIRECTOR
Trustee or director
1.5$0$0
WILLIAM WIKTORTREASURER
Trustee or director, Officer
1.5$0$0
SAMUEL PRABHAKARDIRECTOR
Trustee or director
1.5$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
JOSEPH T WARDPRESIDENT
Officer
40$188,851$37,778
WILLIAM VON BANKVICE PRESIDENT OF MARKETING AND COMMUNICATION
Highest-paid employee
40$139,311$30,033
ANGIE RICHARDSVICE PRESIDENT OF SALES
Highest-paid employee
40$141,965$10,891
DEANNA MEYERCHIEF OF STAFF
Highest-paid employee
40$124,947$22,179
NICK LANDRYVICE PRESIDENT OF ADMINISTRATION
Highest-paid employee
40$121,059$9,370
MELISSA WILESSENIOR NATIONAL SALES MANAGER
Highest-paid employee
40$114,099$16,312
JACOB MALWITZCHAIR
Trustee or director, Officer
1.5$0$0
JAY STOYLESDIRECTOR
Trustee or director
1.5$0$0
JESS HEMENWAYDIRECTOR
Trustee or director
1.5$0$0
WILLIAM WIKTORTREASURER
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
30 CIVIC CENTER DR SE STE 200, ROCHESTER, MN 55904-3813
Principal officer (990 for 2024)
JOSEPH T WARD, 30 CIVIC CENTER DR SE 200, ROCHESTER, MN 55904
Signed the 990
JOSEPH T WARD, PRESIDENT
Phone
(507) 288-4331
Return prepared by
SMITH SCHAFER AND ASSOC LTD

Mission

THE ROCHESTER CONVENTION & VISITORS BUREAU STIMULATES ECONOMIC GROWTH THROUGH VISITOR SPENDING WITH AGGRESSIVE SALES, MARKETING, PARTNERSHIPS AND DESTINATION DEVELOPMENT STRATEGIES WHILE FACILITATING THE BEST POSSIBLE VISITOR EXPERIENCE.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROMOTE, ADVANCE, AND ADMINISTER ALL ACTS NECESSARY FOR THE CITY OF ROCHESTER, MINNESOTA IN MARKETING THE CITY FOR CONVENTIONS, EXHIBITIONS AND TOURIST DESTINATIONS.
  • ROCHESTER CONVENTION & VISITORS BUREAU WAS CONTRACTED BY THE CITY OF ROCHESTER TO MANAGE/OPERATE MAYO CIVIC CENTER (OWNED BY THE CITY OF ROCHESTER).

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-1625680
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1990
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,049,423
Income (IRS master file)
$14,687,272

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$14,685,628$14,277,073$4,049,423XML
990December 2023$11,902,792$12,464,284$3,051,249XML
990December 2022$10,988,617$11,636,562$4,650,057IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 41-1625680).

Questions about ROCHESTER MN CONVENTION & VISITORS BUREAU

What is the EIN of ROCHESTER MN CONVENTION & VISITORS BUREAU?
The employer identification number (EIN) of ROCHESTER MN CONVENTION & VISITORS BUREAU is 41-1625680.
Is ROCHESTER MN CONVENTION & VISITORS BUREAU tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1990.
Are donations to ROCHESTER MN CONVENTION & VISITORS BUREAU tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ROCHESTER MN CONVENTION & VISITORS BUREAU 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 ROCHESTER MN CONVENTION & VISITORS BUREAU due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ROCHESTER MN CONVENTION & VISITORS BUREAU last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ROCHESTER MN CONVENTION & VISITORS BUREAU?
The 990 for the year ended December 31, 2024 names JOSEPH T WARD.
Who are the officers and directors of ROCHESTER MN CONVENTION & VISITORS BUREAU?
The 990 for the year ended December 31, 2024 lists 11 people; 6 received compensation from the organization, the highest $225,057 (JOSEPH T WARD, PRESIDENT).
How much revenue does ROCHESTER MN CONVENTION & VISITORS BUREAU have?
On its 990 for the year ended December 31, 2024 it reported revenue of $14,685,628, expenses of $14,277,073 and total assets of $4,049,423 at year end.

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