Form 990 for tax year 2022

1b · Membership dues

$114,979

1e · Government grants (contributions)

$285,240

1f · All other contributions, gifts and grants

$196,519

2a · Program service revenue: CONVENTION & VISITORS INCOME

total $71,754 · related or exempt $71,754

2b · Program service revenue: ECONOMIC DEVELOPMENT

total $12,377 · related or exempt $12,377

3 · Investment income

total $159,806 · excluded $159,806

6a · Gross rents

real property $523,673

6b · Less rental expenses

real property $142,100

6c · Rental income or loss

real property $381,573

6d · Net rental income or loss

total $381,573 · excluded $381,573

8a · Fundraising events: gross income

$62,605

8b · Fundraising events: direct expenses

$91,729

8c · Net income from fundraising events

total -$29,124

10a · Gross sales of inventory

$804,191

10b · Cost of goods sold

$562,815

10c · Net income from sales of inventory

total $241,376 · excluded $241,376

11a · Other revenue: VERMILLION NOW CAMPAIGN

total $106,908 · related or exempt $106,908

11e · Other revenue, total

$106,908

7 · Other salaries and wages

total $522,737 · program services $522,737

10 · Payroll taxes

total $41,327 · management and general $41,327

11a · Fees: management

total $26,025 · management and general $26,025

11b · Fees: legal

total $25,631 · management and general $25,631

11c · Fees: accounting

total $18,669 · management and general $18,669

12 · Advertising and promotion

total $158,332 · management and general $158,332

13 · Office expenses

total $38,129 · management and general $38,129

16 · Occupancy

total $1,794 · management and general $1,794

17 · Travel

total $11,264 · fundraising $11,264

19 · Conferences, conventions and meetings

total $148 · management and general $148

20 · Interest

total $225,406 · program services $225,406

22 · Depreciation, depletion and amortization

total $191,019 · program services $180,349 · management and general $10,670

23 · Insurance

total $31,715 · management and general $31,715

24a · Other expenses: REPAIRS & MAINTENANCE

total $71,915 · program services $71,915

24b · Other expenses: PROPERTY TAXES

total $62,843 · program services $62,843

24c · Other expenses: COST OF GOODS SOLD

total $52,329 · program services $52,329

24d · Other expenses: MISCELLANEOUS EXPENSE

total $47,114 · management and general $47,114

24e · All other expenses

total $37,483 · program services $10,000 · management and general $27,483

1 · Cash, non-interest-bearing

beginning of year $335,966 · end of year $1,221,278

3 · Pledges and grants receivable

beginning of year $1,105,028 · end of year $416,961

4 · Accounts receivable

beginning of year $172,355 · end of year $28,037

7 · Other notes and loans receivable

beginning of year $155,800 · end of year $4,328,745

8 · Inventories for sale or use

beginning of year $2,731,164 · end of year $2,726,237

9 · Prepaid expenses and deferred charges

beginning of year $3,538

10a · Land, buildings and equipment: cost or other basis

$7,286,514

10b · Land, buildings and equipment: accumulated depreciation

$1,545,701

10c · Land, buildings and equipment, net

beginning of year $8,843,720 · end of year $5,740,813

12 · Investments: other securities

end of year $251,000

17 · Accounts payable and accrued expenses

beginning of year $367,501 · end of year $28,483

19 · Deferred revenue

beginning of year $1,925,507 · end of year $3,157,527

23 · Secured mortgages and notes payable

beginning of year $9,315,044 · end of year $10,086,828

25 · Other liabilities

beginning of year $291,799 · end of year $14,985

27 · Net assets without donor restrictions

beginning of year $1,447,720 · end of year $1,425,248