2019-05-13T09:42:24-05:00 2018-12-31 840884124 BiggsKofford PC 630 Southpointe Court Suite 200 Colorado Springs CO 80906 990 2018-01-01 840809343 Colorado Springs Conv & Visitors Bureau COLO 7196857628 515 S Cascade Ave Colorado Springs CO 80903 James L Cassidy Chief Financial Officer 7196857628 2019-05-09 1 Greg Papineau CPA P00294662 7195799090 2019-05-09 63.146.208.162 2019-05-09 16:57:16 MD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 17FDACB4555CC80AE226121F9DAC9619AE39EDD0 2018 2019-02-21 02:37:17Z Visit COS Douglas P Price 515 S Cascade Ave Colorado Springs CO 80903 4680354 0 X www.visitcos.com X 1980 CO Colorado Springs Convention and Visitors Bureau's, now doing business as Visit Colorado Springs (VCOS), primary exempt purpose is promotion of the Pikes Peak Region. VCOS is designed to stimulate the visitor industry in the Pikes Peak Region by conducting a variety of programs, both continual and intermittent, to enhance the quantity, quality and volume of visitors to our area. In addition, VCOS works with regional entities to improve the environment, facilities and infrastructure to enhance visitor experiences. 11 11 21 27 173460 0 264653 337324 4478419 4102818 15169 16396 210688 196593 4968929 4653131 0 0 0 0 1599635 1637543 0 0 230211 3516372 2905003 5116007 4542546 -147078 110585 3302430 3046194 667083 300259 2635347 2745935 X Colorado Springs Convention and Visitors Bureau's, now doing business as Visit Colorado Springs (VCOS), primary exempt purpose is promotion of the Pikes Peak Region. VCOS is designed to stimulate the visitor industry in the Pikes Peak Region by conducting a variety of programs, both continual and intermittent, to enhance the quantity, quality and volume of visitors to our area. In addition, VCOS works with regional entities to improve the environment, facilities and infrastructure to enhance visitor experiences. 0 0 3658233 4054000 The Bureau engages in promotional programs which include soliciting group meetings and events, operating visitor information centers, maintaining a website, community involvement in special projects, developing plans and working with regional entities to improve visitor experience, and distributing informational brochures, maps, and other publications. 3658233 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 46 0 1 21 1 1 1 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CO X James Cassidy 7196857628 515 S Cascade Ave Colorado Springs CO 80903 Andy Neinas Director 1.00 X X 0 0 0 Barry Brown Chair 1.00 X 0 0 0 Deanne McCann Non-Voting Representative 1.00 X 0 0 0 Dr Eric Olson Director 1.00 X 0 0 0 Ed Okvath Director 1.00 X 0 0 0 Jill Gaebler Non-Voting Representative 1.00 X 0 0 0 Peter Udall Treasurer 1.00 X X 0 0 0 Shelby Pywell-Yarbrough Secretary 1.00 X X 0 0 0 Steve Kanatzar Director 1.00 X X 0 0 0 Tom Osborne Director 1.00 X 0 0 0 Andy Vick Vice Chair 1.00 X 0 0 0 Susan Davies Non-Voting Representative 1.00 X 0 0 0 Kevin Penn Director 1.00 X 0 0 0 Laura Neumann Director 1.00 X 0 0 0 Greg Phillips Non-Voting Representative 1.00 X 0 0 0 Kimberly Tebrugge Non-Voting Representative 1.00 X 0 0 0 Douglas Price President/CEO 40.00 X X 202380 0 18317 James Cassidy Chief Financial Officer 40.00 X 107260 0 12836 309640 0 31153 2 0 1 0 Orange 142 LLC 2901 Via Fortuna Ste 185 Austin TX 78746 Advertising 1107606 Por Venir LLC PO Box 38429 Colorado Springs CO 80937 Rent and NNN 131206 InterVISTAS 1200 West 73rd Ave Suite 500 Vancouver BC CA V6P 6G5 Destination Master Plan Development 127000 Cvent Inc PO Box 822699 Philadelphia PA 191822699 Advertising, Web Portal 105855 4 331475 5849 5849 337324 Government Fees 561500 4054600 4054600 In-Kind Contributions 900099 34063 34063 Trade Show Support 541800 14155 14155 4102818 16396 16396 31568 5849 27223 4345 4345 Advertising Income 541800 95662 95662 OVG Commissions/Postag 541860 55000 55000 Income from OVG Partne 541860 18252 18184 68 23334 18720 4614 192248 4653131 4121538 173460 20809 309640 70833 228688 10119 903098 717447 62369 123282 35000 22750 8400 3850 291914 189744 70059 32111 97891 63629 23494 10768 1718678 1718678 14691 10225 2615 1851 122811 85477 21860 15474 251940 251940 38645 35777 1679 1189 5248 3653 934 661 Consulting Services 155515 155515 Repairs and Maintenance 127481 88727 22692 16062 Business Development 112125 112125 Postage 92454 85982 6472 265415 201246 49325 14844 4542546 3658233 654102 230211 174067 96619 1903143 2651335 921065 35400 1845 1714 181128 159175 334941 267883 72366 67058 43329 29406 5487 5487 3302430 3046194 292705 162917 43199 37342 331179 100000 667083 300259 X 2635347 2745935 2635347 2745935 3302430 3046194 X 110585 3 X X 0 1 X 1 0 138103 121277 16826 196838 146606 50232 67058 Pledges payable 100000 100000 X 4653131 0 4653131 0 4653131 4542543 -3 -3 4542546 0 4542546 Part X, Line 2: The Organization evaluates the effect of uncertain tax positions, if any, and provides for those positions in accordance with the provisions of FASB ASC 450, Contingencies. The Organization discloses any material adjustments as a result of tax examinations. The Organization reports interest and penalties resulting from these adjustments as interest expense and other expenses, as applicable. There were no tax examinations or adjustments relating therefrom for the year ended December 31, 2018 and 2017. Management believes tax returns for the years 2014 and later are subject to audit by the applicable taxing jurisdictions. Part XII, Line 2d - Other Adjustments: Rounding -3. Partnership Event 37417 5849 31568 27223 37417 5849 31568 27223 27223 4345 1 The Broadmoor Hotel PO Box 1439 Colorado Springs CO 80901 840155150 Corporation 72346 2018 US Sr Open; Independent Planners Education Conference; US Travel Recept Pikes Peak International Hill Climb Museum 1631 Mesa Avenue Ste B-1 Colorado Springs CO 80906 841107922 501(c)(3) 10000 Sponsor the 2017 International Hill Climb event. Colorado Springs Sports Corp 1631 Mesa Ave Suite E Colorado Springs CO 80906 840811908 501(c)(3) 10500 RM State Games; CO Classic Bike Race; Labor Day Lift Off; Olympic Assy Destination and Travel Foundation 2025 M Street NW Suite 500 Washington DC 200363309 621527945 501(c)(3) 7500 Support Foundation research and industry support Pikes Peak Community Foundation 730 N Nevada Ave Colorado Springs CO 80903 841339670 501(c)(3) 50000 Olympic City USA Fund Support United States Olympic Museum PO Box 681 Colorado Springs CO 80901 463189741 501(c)(3) 200000 Museum Construction Support Cultural Office of the Pikes Peak Region PO Box 190 Colorado Springs CO 80901 205794244 501(c)(3) 10000 Arts Month Support Great White North Communications Ltd 49 Brathurst St Suite 101 Toronto Ontario CA M5V2P2 980378464 Foreign 5000 Dragon Boat Festival Support Pikes Peak Outdoor Recreation Alliance 111 South Tejon Street 307 Colorado Springs CO 80903 811846814 501(c)(3) 5775 Outdoor Rec Event Support Northstar Travel Group LLC 730 N Nevada Ave Colorado Springs CO 80903 800339152 501(c)(3) 15000 Sponsor TEAMS Tradeshow Downtown Ventures PO Box 150414 Colorado Springs CO 80903 841418850 501(c)(3) 15000 Sponsor Bicycle Sharing Program CMCA PO Box 350757 Westminster CO 800350757 841532422 LLC 6000 Tradeshow Meal Sponsor Revolution Shift Sector 24 Hammond Suite F Irvine CA 92618 465360151 LLC 5000 Sponsor Air Strip Attack Pikes Peak Marathon Inc PO Box 333 Manitou Springs CO 80829 742427295 Corporation 5000 Sponsor Pikes Peak Ascent Part I, Line 2: Funds are awarded to organizations that bring in special events, commonly sporting but sometimes other types of meetings or conventions, to help promote the event and ensure the event's success in bringing new visitors to the region. We do not ask for an accounting of such payments, other than requesting an invoice for payment. We know who we have paid, and how much. For some events there is an evaluation to determine room nights generated and it is an internal management decision to determine which events hold the most promise of bringing visitors to the region. X X X X 0 0 0 Douglas Price President/CEO 185230 0 17150 0 0 0 0 0 18317 0 220697 0 0 0 Broadmoor Hotel Board Member is Vice President of Sales and Marketing of Broadmoor Hotel 73562 Sponsorship payment 0 Form 990, Part VI, Section B, line 11b Form 990 will be reviewed by executive officers with the auditor. The form will then be reviewed with the finance/audit committee before being emailed to the Board of Directors. Form 990, Part VI, Section B, line 12c Board self-monitors for conflict of interest among its members. CFO and President/CEO also monitor for potential conflicts and make affected personnel aware of the situation. Form 990, Part VI, Section B, line 15a Compensation for the President/CEO is determined through review of compensation for similar CEO's of other national destination marketing organizations, obtained via a confidiential survey from the Destinations International. We also review nonprofit salary surveys provided by Employers Council. This information is shared with the finance/audit committee who determines and approves President/CEO compensation under delegation of the Board of Directors. Compensation for all other employees of the organization are established by the President/CEO with input from the CFO. Under his employment contract, the President/CEO has sole authority to set employee pay, within guidelines (budget) set by the Board of Directors. Employee pay amounts are provided to the finance/audit committee for review and discussion, with the President/CEO having final authority. Comparable data from DMAI and MSEC are used, along with President/CEO input on employee value. Form 990, Part VI, Section C, line 19 Colorado Springs Convention and Visitors Bureau's Governing Documents, Conflict of Interest Policy, and Financial Statements are made available to the public upon request. Form 990, Part XI, line 9: Rounding 3. Part XII, Line 2c The process for selecting the independent CPA firm has not changed from the previous years.