Overview
What is Visit Indy Inc?
Visit Indy Inc is a nonprofit organization dedicated to promoting tourism and economic growth in Indianapolis. They actively secure and coordinate conventions, expositions, trade shows, and various meetings at the Indianapolis Convention Center. By collaborating with the center's staff, they ensure a seamless experience for all events. Furthermore, they help market facilities, products, and services of the Capital Improvement Board and Marion County member businesses to attract visitors and individuals. This multi-faceted approach contributes significantly to the tourism and economic development of Indianapolis.
Official website here: www.visitindy.com
Is Visit Indy Inc legitimate?
Visit Indy Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Visit Indy Inc 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: $2,631,344
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,281,864
For more financial information, click here
Official website here: www.visitindy.com
What is the mission statement of Visit Indy Inc?
Visit Indy Inc plays a pivotal role in promoting tourism and economic growth in the given locale. By actively soliciting and securing conventions, expositions, trade shows, and various other meetings, they contribute significantly to the region's development. They collaborate closely with the Indianapolis Convention Center team on all events hosted in that facility. Beyond this, they also extend support to relevant organizations and local businesses by marketing their offerings to tourists and leisure travelers. Through their efforts, they attract a steady stream of visitors, fueling economic growth and boosting the local economy.
Official website here: www.visitindy.com
Who is the CEO of Visit Indy Inc?
Leonard Hoops is the CEO of Visit Indy Inc The CEO's salary of Visit Indy Inc is $899,447 and their total compensation is $1,021,134.
Official website here: www.visitindy.com
What is the revenue of Visit Indy Inc?
Visit Indy Inc's revenue in 2023 was $16,353,881.
Official website here: www.visitindy.com
Who are the executives of Visit Indy Inc and what are their salaries?
The average compensation at Visit Indy Inc during 2023 was $109,733. There are 63 employees and 40 volunteers at Visit Indy Inc.
Here are 52 key members and their salaries (Visit Indy Inc's CEO's salary is $899,447 and their total compensation is $1,021,134):
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- Compensation: $168,718
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Official website here: www.visitindy.com
Where can I find the form 990 for Visit Indy Inc?
Visit Indy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.visitindy.com
Learn more at the official website: www.visitindy.com
Mission Statement of Visit Indy Inc
Visit Indy Inc, a key player in Indianapolis, is dedicated to advancing the city's tourism and economic growth. By soliciting and securing conventions, expositions, trade shows, and various meetings, this organization contributes significantly to the local economy. In collaboration with the Indianapolis Convention Center, they ensure a seamless execution of all conventions hosted in the facility.
Beyond their role in the Indianapolis Convention Center, Visit Indy Inc also extends their support to the Capital Improvement Board and Marion County businesses. Through effective marketing strategies, they showcase the unique facilities, products, and services of these entities to visiting groups, individuals, and leisure travelers. With their unwavering commitment to promoting Indianapolis, the organization plays an essential role in attracting a steady stream of tourists and boosting the city's economic development.
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Impact
October, 2024
Visit Indy Inc plays a crucial role in propelling Indianapolis's tourism sector and stimulating economic growth. By actively soliciting and securing conventions, expositions, trade shows, and various meetings, they directly contribute to the vibrancy of the local economy. Their collaboration with the Indianapolis Convention Center ensures that the city is a prime destination for large-scale events, drawing both national and regional visitors.
In addition to bringing business events to the city, Visit Indy supports local businesses by marketing their facilities, products, and services to incoming tourists and conference attendees. This outreach not only enhances the visibility of Marion County's offerings but also bolsters the local economy through increased foot traffic and spending. Overall, Visit Indy Inc’s efforts significantly enrich the community, making Indianapolis a more attractive destination for both leisure and professional travel, and fostering a stronger economic landscape for its residents.
This information is meant to be a general summary of Visit Indy Inc. 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 2023.
- Investment Income: $533,727
- Program Service Revenue: $1,414,709
- Gross Receipts: $18,100,571
Assets and Liabilities:
- Total Assets: $18,005,827
- Total Liabilities: $3,874,476
- Net Assets: $14,131,351
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONV. & EVENT PROMOTION
Revenue
$774,114
REIMBURSEMENT OF SHARED EXPENSES
Revenue
$405,772
HOUSING AND REGISTRATION
Revenue
$119,987
CONV. & TOURSIM PROMO.
Revenue
$114,836
Organization Details
Founding Year
1932
Principal Officer
James E Wallis
Website
www.visitindy.comNTEE Category
Code: S33 - Community improvement
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