Overview
What is Rancho Cordova Travel & Tourism Corp?
Rancho Cordova Travel & Tourism Corp (RCTT) is a nonprofit organization situated in Rancho Cordova, California. Its primary mission is to boost tourism in the area, aiming to increase occupancy rates, length of stays, and overall travel spending within the region. The corporation accomplishes this goal through the establishment and management of a tourism improvement district, in addition to various programs and initiatives. By doing so, RCTT seeks to generate additional Transient Occupancy Tax (TOT) revenues, sales tax revenues, and enhance Rancho Cordova's exposure in both local and national markets. The corporation currently employs a team of 10 individuals dedicated to promoting and enhancing tourism opportunities in Rancho Cordova.
Official website here: www.visitranchocordova.com
Is Rancho Cordova Travel & Tourism Corp legitimate?
Rancho Cordova Travel & Tourism Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Rancho Cordova Travel & Tourism Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $216,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $398,707
For more financial information, click here
Official website here: www.visitranchocordova.com
What is the mission statement of Rancho Cordova Travel & Tourism Corp?
Rancho Cordova Travel & Tourism Corp's mission is centered around promoting tourism. Specifically, the corporation aims to boost tourism in a particular location by developing and managing a tourism improvement district and various programs. Their objectives include driving increased room nights, travel spending within the region, and maximizing exposure of the destination in both regional and national markets. The ultimate goal is to generate additional revenue through Transient Occupancy Tax (TOT) and TBID assessments, as well as sales tax revenues.
Official website here: www.visitranchocordova.com
Who is the CEO of Rancho Cordova Travel & Tourism Corp?
Marc Sapoznik is the President & Ceo of Rancho Cordova Travel & Tourism Corp. The CEO's salary of Rancho Cordova Travel & Tourism Corp is $216,500 and their total compensation is $216,500.
Official website here: www.visitranchocordova.com
What is the revenue of Rancho Cordova Travel & Tourism Corp?
Rancho Cordova Travel & Tourism Corp's revenue in 2022 was $2,651,125.
Official website here: www.visitranchocordova.com
Who are the executives of Rancho Cordova Travel & Tourism Corp and what are their salaries?
The average compensation at Rancho Cordova Travel & Tourism Corp during 2022 was $61,521. There are 10 employees and 7 volunteers at Rancho Cordova Travel & Tourism Corp.
Here are 8 key members and their salaries (Rancho Cordova Travel & Tourism Corp's CEO's salary is $216,500 and their total compensation is $216,500):
- Compensation: $216,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.visitranchocordova.com
Where can I find the form 990 for Rancho Cordova Travel & Tourism Corp?
Rancho Cordova Travel & Tourism Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.visitranchocordova.com
Learn more at the official website: www.visitranchocordova.com
Mission Statement of Rancho Cordova Travel & Tourism Corp
Rancho Cordova Travel & Tourism Corp, or RCTT, is dedicated to promoting tourism in its respective region. The primary objective of this corporation is to enhance the appeal of Rancho Cordova as a travel destination, with the goal of boosting occupancy rates, extending the duration of stays, and increasing overall travel spending within the area. RCTT achieves this by operating a tourism improvement district and implementing various programs and initiatives. The corporation's role is multifaceted, aiming to generate TBID assessments, as well as additional Transient Occupancy Tax (TOT) revenues and sales tax revenues. By maximizing exposure and promotion of Rancho Cordova in both regional and national markets, RCTT plays a crucial role in driving incremental room nights and attracting more tourists to the area.
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Impact
October, 2024
Rancho Cordova Travel & Tourism Corp significantly enhances the local economy by promoting tourism in Rancho Cordova, California. Through targeted initiatives and the development of a tourism improvement district, the organization works to elevate the city as an attractive travel destination. This focus leads to increased overnight stays, boosting the occupancy rates of local hotels and driving year-round tourism.
The corporation's efforts result in higher travel spending, contributing to vital revenue streams such as Transient Occupancy Tax (TOT) assessments and sales tax revenues. By positioning Rancho Cordova in regional and national markets, the organization maximizes its visibility, encouraging both frequent visitors and newcomers to explore the area. Overall, Rancho Cordova Travel & Tourism Corp plays a pivotal role in generating economic growth and community improvement through tourism initiatives.
This information is meant to be a general summary of Rancho Cordova Travel & Tourism Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $86
- Program Service Revenue: $2,637,658
- Gross Receipts: $2,662,599
Assets and Liabilities:
- Total Assets: $1,670,514
- Total Liabilities: $65,762
- Net Assets: $1,604,752
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tourism assessment
Revenue
$2,637,658
Organization Details
Founding Year
2010
Phone
(916) 460-8200Principal Officer
Marc Sapoznik
Main Address
10969 Trade Center Drive 100, Rancho Cordova, CA, 95670
Website
www.visitranchocordova.comNTEE Category
Code: S41 - Community improvement
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