PHILADELPHIA CONVENTION & VISITORS BUREAU OF THE CHAMBER OF COMMERCE: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PHILADELPHIA CONVENTION & VISITORS BUREAU OF THE CHAMBER OF COMMERCE (EIN 23-0969325)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-03-05
- IRS object ID
- 202510649349300616
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-03-05T10:06:36-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 233010968 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILLIGAN & COMPANY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 105 N 22ND ST FL 2 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191031302 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 230969325 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PHILADELPHIA CONVENTION & VISITORS | BusinessNameLine1Txt |
| Business Name Line2 | BUREAU | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PHIL | BusinessNameControlTxt |
| Phone | 2156363300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 MARKET ST SUITE 200 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GREGG CAREN | PersonNm |
| Person Title | PRES. & CEO | PersonTitleTxt |
| Phone | 2156364462 | PhoneNum |
| Signature | 2025-02-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN MILLIGAN CPA | PreparerPersonNm |
| PTIN | P02155323 | PTIN |
| Phone | 2154969100 | PhoneNum |
| Preparation | 2025-03-05 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | GREGG CAREN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 MARKET STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $23,404,663 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.DISCOVERPHL.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1942 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | THE PHILADELPHIA CONVENTION & VISITORS BUREAU (PHLCVB) IS THE OFFICIAL TOURISM PROMOTION AGENCY FOR THE CITY OF PHILADELPHIA GLOBALLY, AND THE LONG-TERM SALES AND MARKETING AGENCY FOR THE PENNSYLVANIA CONVENTION CENTER. WE MARKET PHILADELPHIA AS A TOP U.S. DESTINATION FOR MEETINGS, CONVENTIONS, SPORTING EVENTS AND OVERSEAS TOURISM. IN FISCAL YEAR 2024, THE PHLCVB ACHIEVED SIGNIFICANT MILESTONES, HIGHLIGHTED BY LAUNCHING ITS FIRST JOINT MARKETING CAMPAIGN WITH VISIT PHILADELPHIA, "COME FOR PHILADELPHIA. STAY FOR PHILLY." THE PHLCVB HOSTED 264 EVENTS IN TOTAL, INCLUDING 20 CITYWIDE EVENTS (THOSE WITH OVER 2,000 ROOM NIGHTS ON PEAK) THAT BOOSTED THE LOCAL ECONOMY. THE PHLCVB ALSO SECURED MAJOR EVENTS FOR THE FUTURE, SUCH AS THE PCMA CONVENING LEADERS IN 2026 AND THE BIO INTERNATIONAL CONVENTION IN 2027. GLOBAL PARTNERSHIPS, INCLUDING A COLLABORATION WITH MICHELIN, ELEVATED PHILADELPHIA'S INTERNATIONAL PROFILE, WHILE INFRASTRUCTURE UPGRADES BY THE PENNSYLVANIA CONVENTION CENTER AUTHORITY ( | ActivityOrMissionDesc |
| Voting Members Governing Body | 59 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 58 | VotingMembersIndependentCnt |
| Total Employee | 62 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $11,543,218 | PYContributionsGrantsAmt |
| CY Contributions Grants | $13,708,550 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,743,952 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,866,434 | CYProgramServiceRevenueAmt |
| PY Investment Income | $384,184 | PYInvestmentIncomeAmt |
| CY Investment Income | $774,649 | CYInvestmentIncomeAmt |
| PY Other Revenue | $98,163 | PYOtherRevenueAmt |
| CY Other Revenue | $55,030 | CYOtherRevenueAmt |
| PY Total Revenue | $18,769,517 | PYTotalRevenueAmt |
| CY Total Revenue | $23,404,663 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $7,990,698 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $9,138,622 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $8,810,375 | PYOtherExpensesAmt |
| CY Other Expenses | $12,062,486 | CYOtherExpensesAmt |
| PY Total Expenses | $16,801,073 | PYTotalExpensesAmt |
| CY Total Expenses | $21,201,108 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,968,444 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,203,555 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $24,266,720 | TotalAssetsBOYAmt |
| Total Assets EOY | $25,481,525 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,479,295 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,490,545 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $15,787,425 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $17,990,980 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE PHILADELPHIA CONVENTION & VISITORS BUREAU (PHLCVB) IS THE OFFICIAL TOURISM PROMOTION AGENCY FOR THE CITY OF PHILADELPHIA GLOBALLY, AND THE LONG-TERM SALES AND MARKETING AGENCY FOR THE PENNSYLVANIA CONVENTION CENTER. WE MARKET PHILADELPHIA AS A TOP U.S. DESTINATION FOR MEETINGS, CONVENTIONS, SPORTING EVENTS AND OVERSEAS TOURISM. IN FISCAL YEAR 2024, THE PHLCVB ACHIEVED SIGNIFICANT MILESTONES, HIGHLIGHTED BY LAUNCHING ITS FIRST JOINT MARKETING CAMPAIGN WITH VISIT PHILADELPHIA, "COME FOR PHILADELPHIA. STAY FOR PHILLY." THE PHLCVB HOSTED 264 EVENTS IN TOTAL, INCLUDING 20 CITYWIDE EVENTS (THOSE WITH OVER 2,000 ROOM NIGHTS ON PEAK) THAT BOOSTED THE LOCAL ECONOMY. THE PHLCVB ALSO SECURED MAJOR EVENTS FOR THE FUTURE, SUCH AS THE PCMA CONVENING LEADERS IN 2026 AND THE BIO INTERNATIONAL CONVENTION IN 2027. GLOBAL PARTNERSHIPS, INCLUDING A COLLABORATION WITH MICHELIN, ELEVATED PHILADELPHIA'S INTERNATIONAL PROFILE, WHILE INFRASTRUCTURE UPGRADES BY THE PENNSYLVANIA CONVENTION CENTER AUTHORITY ( | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $11,015,307 | ExpenseAmt |
| Desc | CONVENTION SALES THE PHLCVB'S CONVENTION SALES PROGRAM IS CHARGED WITH HELPING TO DRIVE OVERNIGHT VISITATION BY BOOKING AND SERVICING MEETINGS, CONVENTIONS, TRADE SHOWS, AND SPORTING EVENTS INTO THE PENNSYLVANIA CONVENTION CENTER, PARTNER HOTELS, AND VENUES AROUND THE CITY. THIS ACTIVITY IS CRITICAL TO THE SUCCESS OF PHILADELPHIA'S TOURISM INDUSTRY, AS MEETINGS AND CONVENTIONS ARE LONGER-TERM PIECES OF BUSINESS THAT PROVIDE A STRONG FOUNDATION FOR PHILADELPHIA'S ECONOMY AND PROVIDE SECURITY FOR PHILADELPHIA'S HOSPITALITY-RELATED JOBS. THE CONVENTION SALES FUNCTION ALSO INCLUDES THREE KEY VERTICALS - PHL DIVERSITY, PHL LIFE SCIENCES, AND PHL SPORTS. PHILADELPHIA'S HOSPITALITY INDUSTRY CONTINUED ITS RECOVERY FROM THE IMPACT OF COVID-19, WITH PERFORMANCE METRICS STEADILY IMPROVING ACROSS ALL CATEGORIES, TOTALING 264 EVENTS, INCLUDING 20 CITYWIDE EVENTS (OVER 2,000 ROOM NIGHTS ON PEAK), WITH 550,146 ATTENDEES, RESULTING IN 563,400 ROOM NIGHTS AND 380 MILLION IN ECONOMIC IMPACT. IN FISCAL YEAR 2024, THE PHLCVB SECURED 297 EVENTS FOR FUTURE YEARS, INCLUDING 15 CITYWIDE EVENTS, PROJECTED TO BRING AN ESTIMATED 374,379 ATTENDEES TO PHILADELPHIA, GENERATING AN ESTIMATED 511,768 TOTAL ROOM NIGHTS. PHL LIFE SCIENCES: PHL LIFE SCIENCES IS THE FIRST AND ONLY DIVISION OF A CVB IN THE COUNTRY FOCUSED ON LIFE SCIENCES MEETINGS. THE DIVISION WORKS TO PROVIDE ACCESS TO PHILADELPHIA'S SUBSTANTIAL HEALTHCARE AND HIGHER EDUCATION COMMUNITY OF ACADEMICS, MEDICAL AND NURSING LEADERS, HEALTHCARE EXPERTS, BIOTECHNOLOGY, PHARMACEUTICAL, AND RELATED VENTURE CAPITAL CONTACTS. DIVISION HIGHLIGHTS INCLUDE: -PHL LIFE SCIENCES HOSTED 58 EVENTS, WELCOMING 83,527 ATTENDEES, AND 142,831 ROOM NIGHTS. THE DIVISION BOOKED 69 CONVENTIONS FOR FUTURE YEARS WITH AN ESTIMATED 63,085 ATTENDEES AND 130,763 ROOM NIGHTS. -AMERICAN SOCIETY OF NEPHROLOGY'S ANNUAL KIDNEY WEEK FEATURED 12,000 PHYSICIANS, RESEARCHERS, AND CLINICAL INVESTIGATORS IN ATTENDANCE AT THE WORLD'S PREMIER NEPHROLOGY MEETING. THE PENNSYLVANIA CONVENTION CENTER FLOOR WAS FULL OF ACTIVITY WITH A DIVERSE GROUP OF INTERNATIONAL GUESTS REPRESENTING OVER 100 COUNTRIES. -THE AMERICAN COLLEGE OF EMERGENCY PHYSICIANS' 2023 SCIENTIFIC ASSEMBLY FEATURED OVER 6,000 ATTENDEES COMPRISED OF EMERGENCY PHYSICIANS, RESIDENTS, MEDICAL STUDENTS, AND HEALTHCARE PROFESSIONALS WHO ENGAGED IN EDUCATION SESSIONS, NETWORKING, LAB SESSIONS, AND MORE. PHL SPORTS: FOR MORE THAN 30 YEARS, PHL SPORTS HAS BROUGHT MAJOR SPORTING EVENTS AND CONVENTIONS TO PHILADELPHIA. PHL SPORTS ENGAGES A WIDE RANGE OF COMMUNITY PARTNERS TO PROMOTE AND POSITION PHILADELPHIA AS A TOP DESTINATION FOR MARQUEE SPORTING EVENTS. DIVISION HIGHLIGHTS INCLUDE: -PHL SPORTS BOOKED 39 SPORTING EVENTS FOR FUTURE YEARS WITH AN ESTIMATED 234,149 ATTENDEES AND 94,174 ROOM NIGHTS. -LINCOLN FINANCIAL FIELD HOSTED THE PREMIER LEAGUE SUMMER SERIES, THAT WELCOMED OVER 105,000 PASSIONATE PREMIER LEAGUE FANS OVER TWO DAYS IN JULY 2023. PHL DIVERSITY: THE PHLCVB WAS ONE OF THE FIRST CVBS IN THE U.S. TO ESTABLISH A DIVISION HIGHLIGHTING THE DESTINATION AS A DIVERSE, EQUITABLE, AND INCLUSIVE LOCATION FOR MEETINGS, EVENTS, CONVENTIONS, AND VISITORS. FOR MORE THAN 30 YEARS, PHL DIVERSITY HAS BEEN CONNECTING MEETING PLANNERS TO LOCAL DIVERSE BUSINESSES, SUPPLIERS AND COMMUNITY LEADERS WITH SHARED VALUES AND GOALS WHO CAN HELP FACILITATE COMMUNITY ENGAGEMENT PROGRAMS OR SERVE AS SPEAKERS AND EXPERTS. DIVISION HIGHLIGHTS INCLUDE: -PHL DIVERSITY HOSTED 20 EVENTS WITH 25,661 ATTENDEES AND 26,944 ROOM NIGHTS. THE DIVISION BOOKED 16 CONVENTIONS FOR FUTURE YEARS WITH AN ESTIMATED 50,005 ATTENDEES AND 34,505 ROOM NIGHTS. -THOUSANDS OF ALPHA KAPPA ALPHA SORORITY, INCORPORATED SORORS GATHERED IN PHILADELPHIA FOR THE 92ND NORTH ATLANTIC REGIONAL CONFERENCE. -THE NATIONAL BLACK MBA ASSOCIATION'S 45TH ANNUAL CONFERENCE AND EXPOSITION, THE PREMIER EVENT FOR BLACK BUSINESS PROFESSIONALS AND CAREER CANDIDATES, BROUGHT TOGETHER THOUSANDS OF PROFESSIONALS WITH DIVERSE BACKGROUNDS TO CONNECT WITH NUMEROUS TOP-TIER COMPANIES AT THE PENNSYLVANIA CONVENTION CENTER. THE EVENT WILL RETURN TO PHILADELPHIA IN 2028. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,637,873 | ExpenseAmt |
| Desc | MARKETING & COMMUNICATIONS THE MARKETING AND COMMUNICATIONS TEAM CRAFTS CONTENT AND CAMPAIGNS THAT PROMOTE PHILADELPHIA, THE PHLCVB, AND THE PENNSYLVANIA CONVENTION CENTER THROUGH A VARIETY OF PROGRAMS TARGETING MEETING AND EVENT PLANNERS, INFLUENCERS, CONVENTION ATTENDEES, MEDIA, DOMESTIC GROUP TOUR OPERATORS, INTERNATIONAL LEISURE TRAVELERS, AND TRAVEL TRADE PROFESSIONALS. THESE ACTIVITIES ALL HELP TO SUPPORT THE EFFORTS OF THE CONVENTION SALES AND GLOBAL TOURISM PROGRAMS IN DRIVING OVERNIGHT VISITATION TO PHILADELPHIA THROUGH CREATIVE MESSAGING AND STORYTELLING. KEY HIGHLIGHTS INCLUDE: PHLCVB MARKETING & COMMUNICATIONS CAMPAIGNS: -IN JANUARY 2023, THE PHLCVB AND VISIT PHILADELPHIA LAUNCHED THEIR FIRST- EVER JOINT DESTINATION MARKETING CAMPAIGN - "COME FOR PHILADELPHIA. STAY FOR PHILLY." THIS FUN, LIGHTHEARTED CAMPAIGN PUT THE CITY'S CONFIDENCE AND ATTITUDE AT THE FOREFRONT AS IT AIMED TO DRIVE VISITATION TO THE REGION ACROSS ALL TRAVEL SEGMENTS - LEISURE, BUSINESS, AND GROUP. -THE PHLCVB'S SOCIAL MEDIA CHANNELS INCREASED FANS AND FOLLOWERS BY 68,378. TOTAL FOLLOWERS ACROSS ALL OWNED ACCOUNTS TOTALED 443,155 OVER 13 ACCOUNTS IN 4 COUNTRIES. -IN 2024, THE PHLCVB WEBSITE HAD NEARLY 573,000 TOTAL UNIQUE VISITS AND 984,000 PAGE VIEWS. -MORE THAN 50 MEDIA FAM GUESTS WERE HOSTED, INCLUDING THE TODAY SHOW AUSTRALIA, BROADCASTING FROM THE "ROCKY STEPS" OF THE PHILADELPHIA MUSEUM OF ART. -IN SPRING OF 2024, MICHELIN PUBLISHED ITS VERY FIRST PHILADELPHIA DESTINATION GUIDE, HIGHLIGHTING THE CITY'S TOP LEISURE TRAVEL EXPERIENCES. AT THE TIME, PHILADELPHIA WAS THE EIGHTH U.S. DESTINATION TO BE FEATURED IN A MICHELIN GREEN GUIDE. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,133,356 | ExpenseAmt |
| Desc | GLOBAL TOURISM: -MARKETS OF FOCUS FOR GLOBAL TOURISM INITIATIVES INCLUDE REPRESENTATION FIRMS AROUND THE GLOBE IN CHINA, INDIA, AUSTRALIA, MEXICO, CANADA, FRANCE, ITALY (ALSO COVERS SPAIN), GERMANY (ALSO COVERS AUSTRIA AND SWITZERLAND), AND THE U.K. (ALSO COVERS IRELAND). -IN 2024, PHILADELPHIA'S INTERNATIONAL VISITATION OUTPACED THE NATIONAL AVERAGE FOR OVERNIGHT VISITORS WITH MORE THAN 1.1 MILLION VISITORS CHOOSING TO TRAVEL TO THE CITY FROM INTERNATIONAL DESTINATIONS, RESULTING IN 579.3 MILLION IN SPENDING. THESE VISITORS CONTRIBUTED AN ECONOMIC IMPACT OF 955.9 MILLION AND DIRECTLY SUPPORTED 8,128 HOSPITALITY JOBS. -GLOBAL TOURISM ACTIVITY HIGHLIGHTS INCLUDE THE TEAM ATTENDING 44 SALES EVENTS AND HOSTING 124 TRAVEL TRADE PARTNERS ON 27 FAM TOURS OF PHILADELPHIA. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,086,047 | ExpenseAmt |
| Desc | PARTNERSHIP (MEMBERSHIP): THE PHLCVB PARTNERSHIP PROGRAM PROVIDES REGIONAL BUSINESSES A PLATFORM FOR MARKETING THEIR LOCATIONS AND SERVICES, AND A VALUABLE CONNECTION POINT WITH MEETING PROFESSIONALS, LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL VISITORS, BUSINESS TRAVELERS AND CONVENTION ATTENDEES. THE PROGRAM PROVIDES PARTNERS WITH RESEARCH ABOUT THE TRAVEL INDUSTRY, TREND ANALYTICS, CURRENT AND FUTURE EVENT BOOKINGS DETAILS, ACCESS TO EXCLUSIVE NETWORKING EVENTS, AND MORE. -THE PHLCVB HAD 684 TOTAL PARTNERS, WITH 89 NEW PARTNERS JOINING OVER THE YEAR AND A RETENTION RATE OF 93%. GROUP TOUR SALES: | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,086,047 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $18,872,583 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (true) | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (true) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 1 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 62 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 59 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 58 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ARTHUR AYRES | PersonNm |
| Phone | 2156364462 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 MARKET ST SUITE 200 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19102 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| GREGG CAREN | |||||||
| PRES. & CEO | 50.00 | Yes (X) | $486,121 | $0 | $59,785 | ||
| MARIA GRASSO | |||||||
| SR VP CONV D | 50.00 | $300,376 | $0 | $63,995 | Yes (X) | ||
| LARRY NEEDLE | |||||||
| EXEC DIR PH | 50.00 | $231,257 | $0 | $51,584 | Yes (X) | ||
| ARTHUR M AYRES | |||||||
| SR VP OF FIN | 50.00 | Yes (X) | $195,635 | $0 | $57,891 | ||
| JOSEPH HELLER | |||||||
| VP MARCOM | 50.00 | $213,526 | $0 | $30,299 | Yes (X) | ||
| NIK PEREIRA | |||||||
| VP CONVENTIO | 50.00 | $209,011 | $0 | $32,143 | Yes (X) | ||
| BONNIE GRANT | |||||||
| EX DIR PHL L | 50.00 | $191,458 | $0 | $40,628 | Yes (X) | ||
| SEE ATTACHED FOR THE BOD LIST | |||||||
| BOD | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,827,384 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $336,325 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| PA 1601 MARKET STREET LP | |||||
| 1601 MARKET STREET SUITE 2220 | PHILADELPHIA | PA | 19103 | RENT | $481,409 |
| SIMPLEVIEW LLC | |||||
| 8950 N ORACLE ROAD | TUCSON | AZ | 85704 | MARKETING | $468,160 |
| CONEX EXHIBITION SERVICES | |||||
| 2025 BRICKELL AVE | MIAMI | FL | 33129 | EXHIBIT SERVICE | $327,028 |
| EAGLES STADIUM OPERATOR LLC | |||||
| 1 NOVACARE WAY | PHILADELPHIA | PA | 19145 | TOURISM ENT. | $250,000 |
| ROBIN MERGER CORPORATION INC | |||||
| 2800 S SHIRLINGTON RD SUITE 1001 | ARLINGTON | VA | 22206 | GLOBAL MARKETIN | $235,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 18 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $834,485 | MembershipDuesAmt |
| Government Grants | $12,874,065 | GovernmentGrantsAmt |
| Total Contributions | $13,708,550 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| MARKETING & SERVICE CONTRACT | $8,095,592 | $8,095,592 |
| CO-OP REVENUE | $728,842 | $728,842 |
| PUBLICATION REVENUE | $42,000 | $42,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,866,434 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $774,649 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $774,649 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Total Revenue Column | $55,030 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $55,030 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $55,030 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,404,663 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,696,113 | RelatedOrExemptFuncIncomeAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $751,067 | TotalAmt |
| Program Services | $668,450 | ProgramServicesAmt |
| Management And General | $82,617 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,515,102 | TotalAmt |
| Program Services | $5,815,595 | ProgramServicesAmt |
| Management And General | $699,507 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,872,453 | TotalAmt |
| Program Services | $1,270,196 | ProgramServicesAmt |
| Management And General | $602,257 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,466 | TotalAmt |
| Management And General | $60,466 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,996 | TotalAmt |
| Management And General | $39,996 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $861,800 | TotalAmt |
| Program Services | $586,543 | ProgramServicesAmt |
| Management And General | $275,257 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,351,967 | TotalAmt |
| Program Services | $6,288,860 | ProgramServicesAmt |
| Management And General | $63,107 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262,920 | TotalAmt |
| Program Services | $163,082 | ProgramServicesAmt |
| Management And General | $99,838 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $449,350 | TotalAmt |
| Program Services | $356,224 | ProgramServicesAmt |
| Management And General | $93,126 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $444,042 | TotalAmt |
| Program Services | $388,214 | ProgramServicesAmt |
| Management And General | $55,828 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,354,531 | TotalAmt |
| Program Services | $1,329,194 | ProgramServicesAmt |
| Management And General | $25,337 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,298,010 | TotalAmt |
| Program Services | $1,298,010 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,440 | TotalAmt |
| Program Services | $51,426 | ProgramServicesAmt |
| Management And General | $7,014 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,569 | TotalAmt |
| Management And General | $55,569 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| GENERAL DONATIONS | $675,359 | $562,824 | $112,535 |
| CELL PHONE CHARGES | $99,849 | $87,774 | $12,075 |
| OTHER ADMIN AND GENERAL | $50,187 | $6,191 | $43,996 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,201,108 | TotalAmt |
| Program Services | $18,872,583 | ProgramServicesAmt |
| Management And General | $2,328,525 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,126,887 | BOYAmt |
| EOY | $9,042,166 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,148,146 | BOYAmt |
| EOY | $10,593,467 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $534,338 | BOYAmt |
| EOY | $3,050,273 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $696,172 | BOYAmt |
| EOY | $448,605 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,056,310 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $820,004 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $283,225 | BOYAmt |
| EOY | $236,306 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,477,952 | BOYAmt |
| EOY | $2,110,708 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,266,720 | BOYAmt |
| EOY | $25,481,525 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,520,778 | BOYAmt |
| EOY | $2,797,318 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,119,912 | BOYAmt |
| EOY | $2,250,202 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,838,605 | BOYAmt |
| EOY | $2,443,025 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,479,295 | BOYAmt |
| EOY | $7,490,545 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,787,425 | BOYAmt |
| EOY | $17,990,980 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,787,425 | BOYAmt |
| EOY | $17,990,980 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,266,720 | BOYAmt |
| EOY | $25,481,525 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,203,555 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | false | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | false | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | false | AgreeCarryoverPriorYearInd |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $616,911 | OtherCostOrOtherBasisAmt |
| Depreciation | $394,798 | DepreciationAmt |
| Book Value | $222,113 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $439,399 | OtherCostOrOtherBasisAmt |
| Depreciation | $425,206 | DepreciationAmt |
| Book Value | $14,193 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $236,306 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING LEASE LIABILITY | Desc |
| Amt | $2,443,025 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,443,025 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $23,492,576 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $87,913 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $87,913 | RevenueNotReportedAmt |
| Revenue Subtotal | $23,404,663 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $23,404,663 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $21,289,021 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $87,913 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $87,913 | ExpensesNotReportedAmt |
| Expenses Subtotal | $21,201,108 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $21,201,108 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 3, PART X | FormAndLineReferenceDesc |
| Explanation | THE CVB IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(6). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. CVB IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. CVB BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| GREGG CAREN | ||||||
| PRES. & CEO | $326,242 | $133,388 | $26,491 | $57,985 | $1,800 | $545,906 |
| MARIA GRASSO | ||||||
| SR VP CONV DIVISIONS | $240,262 | $53,264 | $6,850 | $41,550 | $22,445 | $364,371 |
| LARRY NEEDLE | ||||||
| EXEC DIR PHL SPORTS | $177,375 | $42,349 | $11,533 | $23,627 | $27,957 | $282,841 |
| ARTHUR M AYRES | ||||||
| SR VP OF FINANCE & A | $193,085 | $2,550 | $30,879 | $27,012 | $253,526 | |
| JOSEPH HELLER | ||||||
| VP MARCOM | $211,789 | $1,737 | $19,136 | $11,163 | $243,825 | |
| NIK PEREIRA | ||||||
| VP CONVENTION SALES | $177,158 | $31,313 | $540 | $20,839 | $11,304 | $241,154 |
| BONNIE GRANT | ||||||
| EX DIR PHL LIFE | $151,558 | $36,785 | $3,115 | $29,300 | $11,328 | $232,086 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN PIERCE | BusinessNameLine1Txt |
| Business Name Line2 | 52453 | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | BOARD MEMBER | RelationshipDescriptionTxt |
| Transaction | LEGAL FEES | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (13 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE PHILADELPHIA CONVENTION & VISITORS BUREAU (PHLCVB) IS THE OFFICIAL TOURISM PROMOTION AGENCY FOR THE CITY OF PHILADELPHIA GLOBALLY, AND THE LONG-TERM SALES AND MARKETING AGENCY FOR THE PENNSYLVANIA CONVENTION CENTER. WE MARKET PHILADELPHIA AS A TOP U.S. DESTINATION FOR MEETINGS, CONVENTIONS, SPORTING EVENTS AND OVERSEAS TOURISM. IN FISCAL YEAR 2024, THE PHLCVB ACHIEVED SIGNIFICANT MILESTONES, HIGHLIGHTED BY LAUNCHING ITS FIRST JOINT MARKETING CAMPAIGN WITH VISIT PHILADELPHIA, "COME FOR PHILADELPHIA. STAY FOR PHILLY." THE PHLCVB HOSTED 264 EVENTS IN TOTAL, INCLUDING 20 CITYWIDE EVENTS (THOSE WITH OVER 2,000 ROOM NIGHTS ON PEAK) THAT BOOSTED THE LOCAL ECONOMY. THE PHLCVB ALSO SECURED MAJOR EVENTS FOR THE FUTURE, SUCH AS THE PCMA CONVENING LEADERS IN 2026 AND THE BIO INTERNATIONAL CONVENTION IN 2027. GLOBAL PARTNERSHIPS, INCLUDING A COLLABORATION WITH MICHELIN, ELEVATED PHILADELPHIA'S INTERNATIONAL PROFILE, WHILE INFRASTRUCTURE UPGRADES BY THE PENNSYLVANIA CONVENTION CENTER AUTHORITY (PCCA) ENHANCED THE CITY'S APPEAL TO EVENT PLANNERS. THESE EFFORTS COLLECTIVELY STRENGTHENED PHILADELPHIA'S POSITION AS A PREMIER DESTINATION, DRIVING ECONOMIC GROWTH AND SUPPORTING THOUSANDS OF HOSPITALITY JOBS. KEY PROGRAMS INCLUDED: -CONVENTION SALES: SALES AND INCENTIVE EFFORTS TO ATTRACT, BOOK, AND REBOOK MAJOR CONVENTIONS, TRADESHOWS, MEETINGS, AND SPORTING EVENTS TO POSITION PHILADELPHIA AS A PREMIER MEETING DESTINATION AROUND THE WORLD. -DESTINATION SERVICES: CONNECTING MEETING PLANNERS WITH PHILADELPHIA STAKEHOLDERS INCLUDING HOTEL PARTNERS, VENUE OWNERS, AND OTHER VENDORS, TO HELP FACILITATE THEIR EVENT. -GLOBAL TOURISM: INTERNATIONAL LEISURE TOURISM SALES AND MARKETING -GROUP TOUR SALES: SALES AND MARKETING EFFORTS TO BRING TOUR GROUPS OF ALL SIZES TO PHILADELPHIA. -MARKETING & COMMUNICATIONS: SUPPORTS THE PHLCVB AND THE PENNSYLVANIA CONVENTION CENTER BY PROMOTING PHILADELPHIA AND THE REGION THROUGH A VARIETY OF OPPORTUNITIES DRIVEN BY EARNED, OWNED AND PAID MEDIA PROGRAMMING. -PARTNERSHIP: CONNECTING OVER 680 PARTNERS ANNUALLY TO OPPORTUNITIES TO GROW THEIR BUSINESS THROUGH TOURISM GENERATED BY THE PHLCVB'S SALES EFFORTS. |
| FORM 990, PAGE 2, PART III, LINE 4A | CONVENTION SALES THE PHLCVB'S CONVENTION SALES PROGRAM IS CHARGED WITH HELPING TO DRIVE OVERNIGHT VISITATION BY BOOKING AND SERVICING MEETINGS, CONVENTIONS, TRADE SHOWS, AND SPORTING EVENTS INTO THE PENNSYLVANIA CONVENTION CENTER, PARTNER HOTELS, AND VENUES AROUND THE CITY. THIS ACTIVITY IS CRITICAL TO THE SUCCESS OF PHILADELPHIA'S TOURISM INDUSTRY, AS MEETINGS AND CONVENTIONS ARE LONGER-TERM PIECES OF BUSINESS THAT PROVIDE A STRONG FOUNDATION FOR PHILADELPHIA'S ECONOMY AND PROVIDE SECURITY FOR PHILADELPHIA'S HOSPITALITY-RELATED JOBS. THE CONVENTION SALES FUNCTION ALSO INCLUDES THREE KEY VERTICALS - PHL DIVERSITY, PHL LIFE SCIENCES, AND PHL SPORTS. PHILADELPHIA'S HOSPITALITY INDUSTRY CONTINUED ITS RECOVERY FROM THE IMPACT OF COVID-19, WITH PERFORMANCE METRICS STEADILY IMPROVING ACROSS ALL CATEGORIES, TOTALING 264 EVENTS, INCLUDING 20 CITYWIDE EVENTS (OVER 2,000 ROOM NIGHTS ON PEAK), WITH 550,146 ATTENDEES, RESULTING IN 563,400 ROOM NIGHTS AND 380 MILLION IN ECONOMIC IMPACT. IN FISCAL YEAR 2024, THE PHLCVB SECURED 297 EVENTS FOR FUTURE YEARS, INCLUDING 15 CITYWIDE EVENTS, PROJECTED TO BRING AN ESTIMATED 374,379 ATTENDEES TO PHILADELPHIA, GENERATING AN ESTIMATED 511,768 TOTAL ROOM NIGHTS. PHL LIFE SCIENCES: PHL LIFE SCIENCES IS THE FIRST AND ONLY DIVISION OF A CVB IN THE COUNTRY FOCUSED ON LIFE SCIENCES MEETINGS. THE DIVISION WORKS TO PROVIDE ACCESS TO PHILADELPHIA'S SUBSTANTIAL HEALTHCARE AND HIGHER EDUCATION COMMUNITY OF ACADEMICS, MEDICAL AND NURSING LEADERS, HEALTHCARE EXPERTS, BIOTECHNOLOGY, PHARMACEUTICAL, AND RELATED VENTURE CAPITAL CONTACTS. DIVISION HIGHLIGHTS INCLUDE: -PHL LIFE SCIENCES HOSTED 58 EVENTS, WELCOMING 83,527 ATTENDEES, AND 142,831 ROOM NIGHTS. THE DIVISION BOOKED 69 CONVENTIONS FOR FUTURE YEARS WITH AN ESTIMATED 63,085 ATTENDEES AND 130,763 ROOM NIGHTS. -AMERICAN SOCIETY OF NEPHROLOGY'S ANNUAL KIDNEY WEEK FEATURED 12,000 PHYSICIANS, RESEARCHERS, AND CLINICAL INVESTIGATORS IN ATTENDANCE AT THE WORLD'S PREMIER NEPHROLOGY MEETING. THE PENNSYLVANIA CONVENTION CENTER FLOOR WAS FULL OF ACTIVITY WITH A DIVERSE GROUP OF INTERNATIONAL GUESTS REPRESENTING OVER 100 COUNTRIES. -THE AMERICAN COLLEGE OF EMERGENCY PHYSICIANS' 2023 SCIENTIFIC ASSEMBLY FEATURED OVER 6,000 ATTENDEES COMPRISED OF EMERGENCY PHYSICIANS, RESIDENTS, MEDICAL STUDENTS, AND HEALTHCARE PROFESSIONALS WHO ENGAGED IN EDUCATION SESSIONS, NETWORKING, LAB SESSIONS, AND MORE. PHL SPORTS: FOR MORE THAN 30 YEARS, PHL SPORTS HAS BROUGHT MAJOR SPORTING EVENTS AND CONVENTIONS TO PHILADELPHIA. PHL SPORTS ENGAGES A WIDE RANGE OF COMMUNITY PARTNERS TO PROMOTE AND POSITION PHILADELPHIA AS A TOP DESTINATION FOR MARQUEE SPORTING EVENTS. DIVISION HIGHLIGHTS INCLUDE: -PHL SPORTS BOOKED 39 SPORTING EVENTS FOR FUTURE YEARS WITH AN ESTIMATED 234,149 ATTENDEES AND 94,174 ROOM NIGHTS. -LINCOLN FINANCIAL FIELD HOSTED THE PREMIER LEAGUE SUMMER SERIES, THAT WELCOMED OVER 105,000 PASSIONATE PREMIER LEAGUE FANS OVER TWO DAYS IN JULY 2023. PHL DIVERSITY: THE PHLCVB WAS ONE OF THE FIRST CVBS IN THE U.S. TO ESTABLISH A DIVISION HIGHLIGHTING THE DESTINATION AS A DIVERSE, EQUITABLE, AND INCLUSIVE LOCATION FOR MEETINGS, EVENTS, CONVENTIONS, AND VISITORS. FOR MORE THAN 30 YEARS, PHL DIVERSITY HAS BEEN CONNECTING MEETING PLANNERS TO LOCAL DIVERSE BUSINESSES, SUPPLIERS AND COMMUNITY LEADERS WITH SHARED VALUES AND GOALS WHO CAN HELP FACILITATE COMMUNITY ENGAGEMENT PROGRAMS OR SERVE AS SPEAKERS AND EXPERTS. DIVISION HIGHLIGHTS INCLUDE: -PHL DIVERSITY HOSTED 20 EVENTS WITH 25,661 ATTENDEES AND 26,944 ROOM NIGHTS. THE DIVISION BOOKED 16 CONVENTIONS FOR FUTURE YEARS WITH AN ESTIMATED 50,005 ATTENDEES AND 34,505 ROOM NIGHTS. -THOUSANDS OF ALPHA KAPPA ALPHA SORORITY, INCORPORATED SORORS GATHERED IN PHILADELPHIA FOR THE 92ND NORTH ATLANTIC REGIONAL CONFERENCE. -THE NATIONAL BLACK MBA ASSOCIATION'S 45TH ANNUAL CONFERENCE AND EXPOSITION, THE PREMIER EVENT FOR BLACK BUSINESS PROFESSIONALS AND CAREER CANDIDATES, BROUGHT TOGETHER THOUSANDS OF PROFESSIONALS WITH DIVERSE BACKGROUNDS TO CONNECT WITH NUMEROUS TOP-TIER COMPANIES AT THE PENNSYLVANIA CONVENTION CENTER. THE EVENT WILL RETURN TO PHILADELPHIA IN 2028. |
| FORM 990, PAGE 2, PART III, LINE 4B | MARKETING & COMMUNICATIONS THE MARKETING AND COMMUNICATIONS TEAM CRAFTS CONTENT AND CAMPAIGNS THAT PROMOTE PHILADELPHIA, THE PHLCVB, AND THE PENNSYLVANIA CONVENTION CENTER THROUGH A VARIETY OF PROGRAMS TARGETING MEETING AND EVENT PLANNERS, INFLUENCERS, CONVENTION ATTENDEES, MEDIA, DOMESTIC GROUP TOUR OPERATORS, INTERNATIONAL LEISURE TRAVELERS, AND TRAVEL TRADE PROFESSIONALS. THESE ACTIVITIES ALL HELP TO SUPPORT THE EFFORTS OF THE CONVENTION SALES AND GLOBAL TOURISM PROGRAMS IN DRIVING OVERNIGHT VISITATION TO PHILADELPHIA THROUGH CREATIVE MESSAGING AND STORYTELLING. KEY HIGHLIGHTS INCLUDE: PHLCVB MARKETING & COMMUNICATIONS CAMPAIGNS: -IN JANUARY 2023, THE PHLCVB AND VISIT PHILADELPHIA LAUNCHED THEIR FIRST- EVER JOINT DESTINATION MARKETING CAMPAIGN - "COME FOR PHILADELPHIA. STAY FOR PHILLY." THIS FUN, LIGHTHEARTED CAMPAIGN PUT THE CITY'S CONFIDENCE AND ATTITUDE AT THE FOREFRONT AS IT AIMED TO DRIVE VISITATION TO THE REGION ACROSS ALL TRAVEL SEGMENTS - LEISURE, BUSINESS, AND GROUP. -THE PHLCVB'S SOCIAL MEDIA CHANNELS INCREASED FANS AND FOLLOWERS BY 68,378. TOTAL FOLLOWERS ACROSS ALL OWNED ACCOUNTS TOTALED 443,155 OVER 13 ACCOUNTS IN 4 COUNTRIES. -IN 2024, THE PHLCVB WEBSITE HAD NEARLY 573,000 TOTAL UNIQUE VISITS AND 984,000 PAGE VIEWS. -MORE THAN 50 MEDIA FAM GUESTS WERE HOSTED, INCLUDING THE TODAY SHOW AUSTRALIA, BROADCASTING FROM THE "ROCKY STEPS" OF THE PHILADELPHIA MUSEUM OF ART. -IN SPRING OF 2024, MICHELIN PUBLISHED ITS VERY FIRST PHILADELPHIA DESTINATION GUIDE, HIGHLIGHTING THE CITY'S TOP LEISURE TRAVEL EXPERIENCES. AT THE TIME, PHILADELPHIA WAS THE EIGHTH U.S. DESTINATION TO BE FEATURED IN A MICHELIN GREEN GUIDE. |
| FORM 990, PAGE 2, PART III, LINE 4C | GLOBAL TOURISM: -MARKETS OF FOCUS FOR GLOBAL TOURISM INITIATIVES INCLUDE REPRESENTATION FIRMS AROUND THE GLOBE IN CHINA, INDIA, AUSTRALIA, MEXICO, CANADA, FRANCE, ITALY (ALSO COVERS SPAIN), GERMANY (ALSO COVERS AUSTRIA AND SWITZERLAND), AND THE U.K. (ALSO COVERS IRELAND). -IN 2024, PHILADELPHIA'S INTERNATIONAL VISITATION OUTPACED THE NATIONAL AVERAGE FOR OVERNIGHT VISITORS WITH MORE THAN 1.1 MILLION VISITORS CHOOSING TO TRAVEL TO THE CITY FROM INTERNATIONAL DESTINATIONS, RESULTING IN 579.3 MILLION IN SPENDING. THESE VISITORS CONTRIBUTED AN ECONOMIC IMPACT OF 955.9 MILLION AND DIRECTLY SUPPORTED 8,128 HOSPITALITY JOBS. -GLOBAL TOURISM ACTIVITY HIGHLIGHTS INCLUDE THE TEAM ATTENDING 44 SALES EVENTS AND HOSTING 124 TRAVEL TRADE PARTNERS ON 27 FAM TOURS OF PHILADELPHIA. |
| FORM 990, PAGE 2, PART III, LINE 4D | PARTNERSHIP (MEMBERSHIP): THE PHLCVB PARTNERSHIP PROGRAM PROVIDES REGIONAL BUSINESSES A PLATFORM FOR MARKETING THEIR LOCATIONS AND SERVICES, AND A VALUABLE CONNECTION POINT WITH MEETING PROFESSIONALS, LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL VISITORS, BUSINESS TRAVELERS AND CONVENTION ATTENDEES. THE PROGRAM PROVIDES PARTNERS WITH RESEARCH ABOUT THE TRAVEL INDUSTRY, TREND ANALYTICS, CURRENT AND FUTURE EVENT BOOKINGS DETAILS, ACCESS TO EXCLUSIVE NETWORKING EVENTS, AND MORE. -THE PHLCVB HAD 684 TOTAL PARTNERS, WITH 89 NEW PARTNERS JOINING OVER THE YEAR AND A RETENTION RATE OF 93%. GROUP TOUR SALES: |
| FORM 990, PAGE 6, PART VI, LINE 6 | THE ORGANIZATION HAS MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE ADMINISTRATIVE COMMITTEE, REPRESENTED BY THE LEADERSHIP OF THE GOVERNING BODY, HAS FULL AUTHORITY OF THE GOVERNING BODY IN ITS ABSENCE. |
| FORM 990, PAGE 6, PART VI, LINE 7B | IN ACCORDANCE WITH PART VI, LINE 7A, THE ADMINISTRATIVE COMMITTEE, REPRESENTED BY THE LEADERSHIP OF THE GOVERNING BODY, HAS FULL AUTHORITY OF THE GOVERNING BODY IN ITS ABSENCE. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FINANCE COMMITTEE OF THE BOARD REVIEWS THE FORM 990 PRIOR TO FILING. A COPY IS DISTRIBUTED TO EACH MEMBER OF THE COMMITTEE AND TO THE LEADERSHIP OF THE BOARD. COPIES ARE AVAILABLE UPON REQUEST. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ANNUAL DISCLOSURE STATEMENTS ARE OBTAINED FROM THE GOVERNING BODY AND STAFF. WHEN A CONFLICT ARISES, BOARD MEMBERS IDENTIFY THE CONFLICT AND EXCUSE THEMSELVES FROM ANY DISCUSSION OR VOTE. THE ORGANIZATION HAS A SIGNED POLICY FROM 100% OF BOARD AND STAFF. |
| FORM 990, PAGE 6, PART VI, LINE 15A | PHLCVB PARTICIPATES IN AN ANNUAL COMPENSATION REVIEW FOR ALL POSITIONS IN THE COMPANY, INCLUDING THE HIGHLY COMPENSATED EMPLOYEES. AN INDUSTRY SURVEY IS TAKEN AND RESULTS ARE REVIEWED TO MAKE SURE WE ARE IN LINE WITH INDUSTRY STANDARDS. |
| FORM 990, PAGE 6, PART VI, LINE 15B | PHLCVB PARTICIPATES IN AN ANNUAL COMPENSATION REVIEW FOR ALL POSITIONS IN THE COMPANY, INCLUDING THE HIGHLY COMPENSATED EMPLOYEES. AN INDUSTRY SURVEY IS TAKEN AND RESULTS ARE REVIEWED TO MAKE SURE WE ARE IN LINE WITH INDUSTRY STANDARDS. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PCVB FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 MARKET STREET SUITE 200 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 300070983 | EIN |
| Primary Activities | FUNDRAISE | PrimaryActivitiesTxt |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Exempt Code Section | 501C | ExemptCodeSectionTxt |
| Public Charity Status | 12B | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PCVB | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
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