Visit Grand Rapids INC

Cohasset, MNUnknown exempt organizationSince 1983EIN 41-1458087

Promoting economic development through travel and tourism in the grand rapids area

Run by 25 volunteers.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $19K a year · 4% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Cash reserves
6 mo
of spending, in cash
Looks good: 5.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$4K
0.7% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$478K
+0.4% vs prior year
Spent
$521K
Net assets
$493K
By yearFY2020–FY2025
Revenue
$478K
FY2025+0.4%
Revenue by fiscal year
FY2020$460K
FY2021$494K
FY2022$424K
FY2023$490K
FY2024$476K
FY2025$478K
Expenses
$521K
FY2025▲ +18%
Expenses by fiscal year
FY2020$437K
FY2021$422K
FY2022$453K
FY2023$431K
FY2024$443K
FY2025$521K
Net assets
$493K
FY2025▼ -4%
Net assets by fiscal year
FY2020$297K
FY2021$426K
FY2022$386K
FY2023$464K
FY2024$515K
FY2025$493K

From the FY2025 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
Board Memeber
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Visit Grand Rapids INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes economic growth by developing travel and tourism in the Grand Rapids area.

Provided by the organization

This section is blank until Visit Grand Rapids INC claims this page.

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1 program service, described in the organization's own filed words · FY2025.
01

Visit grand rapids writes and coordinates the execution of a comprehensive tourism marketing plan to promote the community as a tourism, convention and business travel destination.

Pt IX · col B

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By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$478K
Ln 12
Fees for servicesLn 2g$414K
Gifts and grantsLn 1h$42K
Investment incomeLn 3$23K
Money outPt IX
$521K
Ln 25
Owns and owesPt X
$493K
net assets · Ln 32
Cash and savingsLn 1–2$244K
Total assetsLn 16$496K
LiabilitiesLn 26$4K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$42K
Fees for servicesLn 2g$414K
Investment incomeLn 3$23K
Gains on assetsLn 7$0
Total revenueLn 12$478K
Assets in detailPt X, end of year
CashLn 1$244K
SavingsLn 2$0
Cash and savings togetherLn 1–2$244K
InvestmentsLn 11–13$253K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$496K
LiabilitiesLn 26$4K
Net assetsLn 32$493K
OperationsPt I, VI
EmployeesI 50
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$309K$244K
InvestmentsLn 11–13$212K$253K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$521K$496K
LiabilitiesLn 26$6K$4K
Net assetsLn 32$515K$493K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$66K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$2K
Payroll taxesLn 10$6K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$7K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$3K
Advertising and promotionLn 12$385K
Office expensesLn 13$1K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$6K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$2K
Other expenses (24a–d)Ln 24$34K
All other expensesLn 24e$10K
Total functional expensesLn 25$521K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $478K$521K−$43K$493K 990 PDF
FY2024 $476K$443K$33K$515K 990 PDF
FY2023 $490K$431K$60K$464K 990 PDF
FY2022 $424K$453K−$29K$386K 990 PDF
FY2021 $494K$422K$72K$426K 990 PDF
FY2020 $460K$437K$23K$297K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $478,485 across 9 lines filed
VIII-1f All other contributions, gifts and grants$42,000
VIII-1h Total contributions, gifts and grants$42,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $413,784$413,784
VIII-3 Investment incomeRelated to mission $22,701$22,701
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $436,485$478,485
Part IX · Statement of functional expenses $521,404 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$65,774
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$1,973
IX-10 Payroll taxes$5,574
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$7,273
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$2,608
IX-12 Advertising and promotion$384,905
IX-13 Office expenses$1,321
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$5,703
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$1,531
IX-24 Other expenses (24a–d)$34,296
IX-24e All other expenses$10,446
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$521,404
Part X · Balance sheet $496,406 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $309,077$243,501
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $211,780$252,905
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $1$0
X-16 Total assetsStart of year $520,858$496,406
X-24 Unsecured notes and loans payableStart of year $5,833$416
X-25 Other liabilities$3,113
X-26 Total liabilitiesStart of year $5,833$3,529
X-32 Total net assets or fund balancesStart of year $515,025$492,877
X-33 Total liabilities and net assetsStart of year $520,858$496,406
Part XI · Reconciliation of net assets $492,877 net assets at year end
XI-1 Total revenue$478,485
XI-2 Total expenses$521,404
XI-3 Revenue less expenses−$42,919
XI-4 Net assets at start of year$515,025
XI-5 Net unrealized gains (losses) on investments$18,423
XI-8 Prior period adjustments$2,348
XI-10 Net assets at end of year$492,877

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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