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Villa Rica Convention & Visitors Bureau Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813210605 ✦ Villa rica, GA ✦ Designated as a 501(c)(6)

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Overview

What is Villa Rica Convention & Visitors Bureau Inc?

Villa Rica Convention & Visitors Bureau Inc is a nonprofit organization situated in Villa Rica, Georgia, primarily focused on promoting tourism within the city. They accomplish this by encouraging, soliciting, promoting, procuring, and servicing conferences, seminars, special events, and regional recreational activities. Their activities largely consume the organization's resources, accounting for about 80% of their time. This nonprofit is mandated by Georgia law to collect an excise tax on hotel rooms in Villa Rica and distribute these funds through a contract with a state or local governmental entity or a non-profit corporation, fulfilling its statutory role.

Is Villa Rica Convention & Visitors Bureau Inc legitimate?

Villa Rica Convention & Visitors Bureau Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Villa Rica 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Villa Rica Convention & Visitors Bureau Inc?

The Villa Rica Convention & Visitors Bureau Inc was established with a statutory role, primarily associated with the collection of an excise tax on hotel rooms. According to Georgia law (OCGA 48-13-51), the funds collected through this tax are to be distributed through a contract with a state or local governmental entity or a non-profit corporation. The main mission of this bureau is to develop tourism in its city by encouraging, soliciting, promoting, procuring, and servicing conferences, seminars, special events, and regional recreational activities. This is primarily achieved through a contract with the city and any privately donated funds. The bureau also aims to promote and facilitate cooperative efforts between local businesses and industries to serve visitors, conventions, and other tourism activities. This activity is a significant consumption of the organization's resources, accounting for approximately 80% of its time.

Who is the CEO of Villa Rica Convention & Visitors Bureau Inc?

Carl Peabody is the Director of Villa Rica Convention & Visitors Bureau Inc.

What is the revenue of Villa Rica Convention & Visitors Bureau Inc?

Villa Rica Convention & Visitors Bureau Inc's revenue in 2022 was $202,805.

Who are the executives of Villa Rica Convention & Visitors Bureau Inc and what are their salaries?

There 7 volunteers at Villa Rica Convention & Visitors Bureau Inc.


Here are 7 key members and their salaries:


Neville Bhada (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Christner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Garrett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracie Ivey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pg Patel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Peabody (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candy Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Villa Rica Convention & Visitors Bureau Inc?

Villa Rica Convention & Visitors Bureau Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Villa Rica Convention & Visitors Bureau Inc

Villa Rica Convention & Visitors Bureau Inc was established with a specific mandate to collect an excise tax on hotel rooms, as per the OCGA 48-13-51. This tax revenue is then distributed through a contract with a non-profit corporation or a local or state governmental entity. The primary mission of this organization is to stimulate tourism in the city of Villa Rica. This is achieved by encouraging, soliciting, promoting, procuring, and servicing conferences, seminars, special events, and regional recreational activities. The organization dedicates the majority of its resources to this tourism development project, which accounts for approximately 80% of its time and efforts. By fulfilling these obligations as required by Georgia law and promoting tourism growth, Villa Rica Convention & Visitors Bureau Inc significantly contributes to the city's economic development and attracts visitors, thereby enhancing its overall appeal.

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Impact




October, 2024

Villa Rica Convention & Visitors Bureau Inc significantly impacts the local economy by promoting tourism through various initiatives and events. By fostering a vibrant tourism sector, it plays a crucial role in increasing visitor numbers, which supports local businesses such as hotels, restaurants, and attractions.

The Bureau collects hotel excise tax funds, which are then strategically distributed to enhance economic growth within the community. This funding allows for the organization of events that not only attract tourists but also engage residents, creating a lively community atmosphere. Through education and services, the Bureau helps to elevate the overall visitor experience, ensuring that both tourists and locals benefit from the resources and events made possible by its efforts.

Overall, Villa Rica CVB is instrumental in driving community improvement and economic development, making Villa Rica a more attractive destination for visitors and an appealing place for residents.




This information is meant to be a general summary of Villa Rica 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.

Revenue
$202,805 (2022)
Expenses
$204,086 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $202,805

Assets and Liabilities:

  • Total Assets: $210,918
  • Total Liabilities: $2,501
  • Net Assets: $208,417

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Organization Details

Founding Year

2016

Principal Officer

Carl Peabody

Main Address

571 W BANKHEAD HWY, VILLA RICA, GA, 30180

NTEE Category

Code: S41 - Community improvement

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