Overview
What is Fargo-Moorhead Convention & Visitors Bureau Inc?
Fargo-Moorhead Convention & Visitors Bureau Inc, located at 2001 44th St SW, Fargo, ND 58103, is a nonprofit organization dedicated to promoting and enhancing the appeal of its community for both visitors and residents. In the fiscal year 2022, tourism saw a significant rebound, with convention-related direct visitor spending increasing by over 11 million dollars, and event-related spending rising by 22%. The organization's marketing efforts reached over 3.5 million potential visitors through social media platforms, and it continues to support local events like Frostival and produce visitor guides. The Fargo-Moorhead-West Fargo CVB also manages a Destination Development capital grant program, which aids in the development and improvement of attractions, facilities, and businesses that attract more visitors to the community, ultimately contributing to a higher quality of life for its residents.
Official website here: www.fargomoorhead.org
Is Fargo-Moorhead Convention & Visitors Bureau Inc legitimate?
Fargo-Moorhead Convention & Visitors Bureau Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Fargo-Moorhead Convention & Visitors Bureau 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: $142,880
Professional Fundraising Fees: $0
Other Salaries and Wages: $595,477
For more financial information, click here
Official website here: www.fargomoorhead.org
What is the mission statement of Fargo-Moorhead Convention & Visitors Bureau Inc?
The mission of Fargo-Moorhead Convention & Visitors Bureau Inc is centered around enhancing the appeal of its community as a desirable destination for both visitors and residents. This organization strives to position its unique community as a gateway to the region and nation, aiming to improve the overall quality of life for its residents. In pursuit of this goal, the Fargo-Moorhead-West Fargo CVB works diligently to attract visitors by promoting its distinctive offerings. The bureau's activities in the fiscal year 2022 resulted in a significant increase in direct visitor spending, demonstrating the success of its efforts in drawing tourists to the area.
Official website here: www.fargomoorhead.org
Who is the CEO of Fargo-Moorhead Convention & Visitors Bureau Inc?
Charles Johnson is the Chair of Fargo-Moorhead Convention & Visitors Bureau Inc. The CEO's salary of Fargo-Moorhead Convention & Visitors Bureau Inc is $124,517 and their total compensation is $136,776.
Official website here: www.fargomoorhead.org
What is the revenue of Fargo-Moorhead Convention & Visitors Bureau Inc?
Fargo-Moorhead Convention & Visitors Bureau Inc's revenue in 2022 was $3,851,718.
Official website here: www.fargomoorhead.org
Who are the executives of Fargo-Moorhead Convention & Visitors Bureau Inc and what are their salaries?
The average compensation at Fargo-Moorhead Convention & Visitors Bureau Inc during 2022 was $35,160. There are 21 employees and 13 volunteers at Fargo-Moorhead Convention & Visitors Bureau Inc.
Here are 13 key members and their salaries (Fargo-Moorhead Convention & Visitors Bureau Inc's CEO's salary is $124,517 and their total compensation is $136,776):
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- Compensation: $124,517
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- Other: $12,259
Official website here: www.fargomoorhead.org
Where can I find the form 990 for Fargo-Moorhead Convention & Visitors Bureau Inc?
Fargo-Moorhead Convention & Visitors Bureau Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fargomoorhead.org
Learn more at the official website: www.fargomoorhead.org
Mission Statement of Fargo-Moorhead Convention & Visitors Bureau Inc
Fargo-Moorhead Convention & Visitors Bureau Inc strives to develop and promote a shared community vision that enhances the attractiveness of the region for both visitors and residents. This nonprofit organization works tirelessly to position Fargo-Moorhead-West Fargo as a desirable destination and gateway, aiming to enhance the Quality of Life for its residents. In achieving this mission, the bureau focuses on engaging in activities that make the community more appealing to both visitors and locals alike.
During the 2022 fiscal year, the bureau witnessed a complete rebound in tourism. Direct Visitor Spending (DVS) from convention business, which involved the bureau's direct involvement, increased significantly, climbing from $5.2 Million to $11.7 Million. Additionally, DVS from events engaged with by the bureau's sports team saw a 22% year-to-year increase, reaching $31.7 Million. The bureau's marketing team also reached out to over 3-million potential visitors through paid social media advertisements during the year, with Facebook and Instagram reaching over 3.5 million. The bureau continues to support annual Frostival events with resources and produces Visitor & Dining guides. Furthermore, the bureau's Destination Development capital grant program helps to enhance new and existing attractions, facilities, and businesses that attract more visitors to the community.
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Impact
October, 2024
The Fargo-Moorhead Convention & Visitors Bureau Inc significantly enhances the region's attractiveness for both visitors and residents through strategic development and promotion initiatives. In FY '22, tourism in Fargo-Moorhead-West Fargo experienced a remarkable rebound, highlighted by a jump in Direct Visitor Spending from convention activities, which surged from $5.2 million to $11.7 million. This revitalization is mirrored in the success of local sports events, where spending grew by 22%, reaching $31.7 million.
The marketing efforts of the Bureau have broadened the reach of Fargo-Moorhead, with paid social media campaigns targeting over 3 million potential visitors and organic posts connecting with more than 3.5 million individuals. The annual Frostival events, supported through financial and resource contributions, further solidify the community's vibrant atmosphere and cultural offerings.
Additionally, the Bureau's Destination Development capital grant program plays a crucial role in enhancing existing attractions and facilities, thereby drawing more visitors and encouraging the growth of local businesses. Ultimately, these efforts not only position Fargo-Moorhead as a desirable destination but also contribute to an improved quality of life for its residents.
This information is meant to be a general summary of Fargo-Moorhead Convention & Visitors Bureau 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.
- Investment Income: $29,404
- Program Service Revenue: $3,760,564
- Gross Receipts: $3,899,563
Assets and Liabilities:
- Total Assets: $4,565,525
- Total Liabilities: $1,207,410
- Net Assets: $3,358,115
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fargo Lodging Tax
Revenue
$2,749,106
Housing Bureau Revenue
Revenue
$408,368
West Fargo Lodging Tax
Revenue
$366,796
Moorhead Lodging Tax
Revenue
$161,799
Sponsorship Revenue
Revenue
$38,800
Organization Details
Founding Year
1981
Phone
(701) 282-3653Principal Officer
Charles Johnson
Main Address
2001 44th St SW, Fargo, ND, 58103
Website
www.fargomoorhead.orgNTEE Category
Code: S33 - Community improvement
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