Overview
What is Richfield Tourism Promotion Board Inc?
The Richfield Tourism Promotion Board Inc, established in 1990, is a Minnesota-based nonprofit corporation with a mission to boost tourism and conventions in the city of Richfield. Governed by a volunteer board of directors appointed by the city, the organization derives its funding primarily from a 3% lodging tax levied on local hotels and motels. Its main objective is to promote Richfield as an attractive destination for tourists, fostering growth in hospitality-related businesses and events.
Official website here: www.visitrichfield.com
Is Richfield Tourism Promotion Board Inc legitimate?
Richfield Tourism Promotion Board Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Richfield Tourism Promotion Board 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: $48,204
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.visitrichfield.com
What is the mission statement of Richfield Tourism Promotion Board Inc?
The Richfield Tourism Promotion Board Inc, established in 1990, is a non-profit organization with a mission to promote a city as a tourist or convention center. In simpler terms, its purpose is to boost hospitality-related businesses, activities, and events in the city. The board operates with a volunteer board of directors appointed by the city and is primarily funded by a 3% lodging tax imposed on local hotels and motels. The Board's main objective is to attract tourists and convention attendees to the city, thereby stimulating its local economy.
Official website here: www.visitrichfield.com
Who is the CEO of Richfield Tourism Promotion Board Inc?
Gordon Vizecky is the President of Richfield Tourism Promotion Board Inc.
Official website here: www.visitrichfield.com
What is the revenue of Richfield Tourism Promotion Board Inc?
Richfield Tourism Promotion Board Inc's revenue in 2022 was $125,707.
Official website here: www.visitrichfield.com
Who are the executives of Richfield Tourism Promotion Board Inc and what are their salaries?
There 5 volunteers at Richfield Tourism Promotion Board Inc.
Here are 6 key members and their salaries:
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- Compensation: $48,204
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- Other: $0
Official website here: www.visitrichfield.com
Where can I find the form 990 for Richfield Tourism Promotion Board Inc?
Richfield Tourism Promotion Board Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.visitrichfield.com
Learn more at the official website: www.visitrichfield.com
Mission Statement of Richfield Tourism Promotion Board Inc
The Richfield Tourism Promotion Board Inc, established in July 1990, is a Minnesota-based non-profit organization with a mission to promote the city of Richfield as a tourist or convention center. This mission is carried out by supporting and promoting hospitality-related businesses, activities, and events within the city. The Board, governed by a five-member volunteer board of directors appointed by the city of Richfield, is primarily funded by a 3% lodging tax imposed on local hotels and motels by the city of Richfield, in accordance with Minnesota Statute 469.190. The Board's role is to enhance the city's tourism and convention appeal, thereby contributing to the local economy and the overall hospitality industry.
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Impact
October, 2024
Richfield Tourism Promotion Board Inc significantly impacts the local economy and community by actively promoting Richfield as a prime destination for tourism and conventions. By enhancing visibility and attractiveness, it encourages visitors to explore and engage with hospitality-related businesses, events, and activities, leading to increased foot traffic and revenue for local establishments.
The organization plays a vital role in coordinating efforts to improve tourism infrastructure and facilities, ensuring that visitors have memorable experiences that, in turn, boost the city’s reputation as a welcoming and vibrant location. Through strategic marketing initiatives funded by a lodging tax on local hotels and motels, the board drives awareness of Richfield’s unique offerings, fostering increased attendance at city events and local attractions.
Additionally, the board's leadership structure, comprising a volunteer board of directors appointed by the city, ensures that community interests are represented and that initiatives align with broader city goals. Overall, the board's efforts contribute to community improvement, economic development, and the enhancement of Richfield's cultural and recreational landscape.
This information is meant to be a general summary of Richfield Tourism Promotion Board 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 2022.
- Program Service Revenue: $116,332
- Gross Receipts: $125,707
Assets and Liabilities:
- Total Assets: $101,773
- Total Liabilities: $0
- Net Assets: $101,773
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOTEL LODGING TAX
Revenue
$116,332
Organization Details
Founding Year
1990
Phone
(612) 558-1671Principal Officer
Gordon Vizecky
Main Address
2200 WEST 66TH STREET PO BOX 247, RICHFIELD, MN, 55423
Website
www.visitrichfield.comNTEE Category
Code: S30 - Community improvement
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