Visit Carmel FY2023 filing

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To promote the common interest of, and improve business conditions for, Carmel hospitality businesses through the development and operation of a hospitality improvement district (hid), restaurant improvement district (rid), and other programs and initiatives.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 81-0818541) · Dispute this line
501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
97¢ of each $1 spent went to programs.
$173K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $142K a year · 8% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
97%
of spending
97% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$173K
to officers and key staff · 10% of spending
Pay to officers and key staff is 10% of spending.
Part VII, Section A
10.4 mo
of spending, in cash
10.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1K
0.1% of total assets
Liabilities are 0.1% of assets.
Pt X · Ln 26
Independent board members
9
of 9 voting members
9 of 9 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$2.0M
-3% vs prior year
Spent
$1.7M
To programs
97%
Net assets
$1.4M
By yearFY2020–FY2025
Revenue
$2.0M
FY2023▼ -3%
Tap a bar for its year
Revenue by fiscal year
FY2020$659K
FY2022$2.0M
FY2023$2.0M
FY2024$2.1M
FY2025$2.3M
Expenses
$1.7M
FY2023▲ +31%
Tap a bar for its year
Expenses by fiscal year
FY2020$518K
FY2022$1.3M
FY2023$1.7M
FY2024$2.3M
FY2025$2.5M
Net assets
$1.4M
FY2023▲ +26%
Tap a bar for its year
Net assets by fiscal year
FY2020$426K
FY2022$1.1M
FY2023$1.4M
FY2024$1.2M
FY2025$968K

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2016.

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

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $1.6M Management & general 3% · $56K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990; $173K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Dir.
$172,638Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Amy Herzog’s $210K as Executive Dir. is at the 70th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2020
Amy Herzog$210,420$180,360$172,638$165,578$118,752

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Visit Carmel executive salaries →

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

Improves business conditions for Carmel hospitality by developing and operating improvement districts and programs.

Questions for Visit Carmel

Tap to ask. Visit Carmel sees how many people are interested.

Your first name shows with your question. Visit Carmel answers here, for everyone.

1 program · $1.6M · in their own filed words · FY2022
01

Focus of programs is to PROM0TE carmel-by-the-sea as a world-renowned destination, and provide specific benefits directly to the assessed carmel hotels and restaurants by increasing revenue from overnight stays, and gross FOOD/BEVERAGE sales.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 81-0818541) · Dispute this line
$1.6Mprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2.0M
Ln 12
Fees for servicesLn 2g$1.9M
Other incomeLn 4–11$16K
Investment incomeLn 3$9K
Money outPt IX
$1.7M
Ln 25
Programscol B$1.6M
Managementcol C$56K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$1.4M
LiabilitiesLn 26$1K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.9M
Investment incomeLn 3$9K
Other incomeLn 4–11$16K
Gains on assetsLn 7$0
Total revenueLn 12$2.0M
Assets in detailPt X, end of year
CashLn 1$122K
SavingsLn 2$1.3M
Cash and savings togetherLn 1–2$1.4M
Other assetsLn 15$1
Total assetsLn 16$1.4M
LiabilitiesLn 26$1K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1.1M$1.4M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$1.1M$1.4M
LiabilitiesLn 26$0$1K
Net assetsLn 32$1.1M$1.4M
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 officers and key staff (Part IX, line 5)Ln 5$173K$173K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$20K$20K
Accounting feesLn 11c$1K$1K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$25K$25K
Advertising and promotionLn 12$0
Office expensesLn 13$595$595
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
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$4K$4K
Other expenses (24a–d)Ln 24$1.4M$1.4M
All other expensesLn 24e$42K$36K$5K
Total functional expensesLn 25$1.7M$1.6M$56K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Nov 6, 2025 $2.3M$2.5M−$233K$968K 990 PDF
FY2024Filed with the IRS Sep 25, 2024 $2.1M$2.3M−$235K$1.2M 990 PDF
FY2023 ViewingFiled with the IRS Sep 28, 2023 $2.0M$1.7M$292K$1.4M 990 PDF
FY2022Filed with the IRS Oct 7, 2022 $2.0M$1.3M$745K$1.1M 990 PDF
FY2021 Not on file
FY2020Filed with the IRS Jun 10, 2021 $659K$518K$142K$426K 990 PDF

Schedules filed Part IV

A · Public support I · Grants J · Pay O · Explanations
See the full FY2023 990
Part I · Summary $1,957,777 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $2,011,120$1,933,493
I-10 Investment incomePrior year $86$8,784
I-11 Other revenue$15,500
I-12 Total revenuePrior year $2,011,206$1,957,777
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $165,578$172,638
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,101,070$1,492,718
I-18 Total expensesPrior year $1,266,648$1,665,356
I-19 Revenue less expensesPrior year $744,558$292,421
Part VI · Governance 9 of 9 board members independent, 3 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $1,957,777 across 9 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,933,493$1,933,493
VIII-3 Investment incomeRelated to mission $8,784$8,784
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-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $15,500$15,500
VIII-12 Total revenueRelated to mission $1,957,777$1,957,777
Part IX · Statement of functional expenses $1,665,356 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 officers and key staff (Part IX, line 5)Programs $172,638$172,638
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal feesManagement $20,220$20,220
IX-11c Accounting feesManagement $1,019$1,019
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $24,972$24,972
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $595$595
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
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 InsuranceManagement $4,141$4,141
IX-24 Other expenses (24a–d)Programs $1,400,204$1,400,204
IX-24e All other expensesPrograms $36,156 · Management $5,411$41,567
IX-25 Total functional expensesPrograms $1,608,998 · Management $56,358 · Fundraising $0$1,665,356
Part X · Balance sheet $1,437,069 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $61,680$122,214
X-2 Savings and temporary cash investmentsStart of year $1,081,534$1,314,854
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans 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 securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$1
X-16 Total assetsStart of year $1,143,214$1,437,069
X-25 Other liabilities$1,434
X-26 Total liabilitiesStart of year $0$1,434
X-27 Net assets without donor restrictionsStart of year $1,143,214$1,435,635
X-32 Total net assets or fund balancesStart of year $1,143,214$1,435,635
X-33 Total liabilities and net assetsStart of year $1,143,214$1,437,069
Part XI · Reconciliation of net assets $1,435,635 net assets at year end
XI-1 Total revenue$1,957,777
XI-2 Total expenses$1,665,356
XI-3 Revenue less expenses$292,421
XI-4 Net assets at start of year$1,143,214
XI-10 Net assets at end of year$1,435,635

Form 990 e-file FY2023 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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