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Nonprofit · EIN 41-1696432

BLOOMINGTON MINNESOTA TRAVEL & TOURISM

Tax-exempt · BLOOMINGTON, MN 55425

Financials

$6.1M$5.9M2023$6.4M$6.4M2024
Revenue Expenses · by fiscal year end
Financials of BLOOMINGTON MINNESOTA TRAVEL & TOURISM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$6,358,267$6,405,502-$47,235$8,243,791$4,309,156$3,934,635
December 31, 2023990$6,058,251$5,861,763$196,488$8,622,425$4,640,555$3,981,870
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,878,181
of which government grants
$5,727,699
Program service revenue
$368,916
Investment income
$111,170
Net gain from sales of assets
-$184
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$392,184
Other salaries and wages
$1,686,199
Salaries, compensation and benefits (total)
$2,471,679
Professional fundraising fees
$0
Legal fees
$9,922
Accounting fees
$24,687
Occupancy
$405,734
Depreciation
$131,562

Balance sheet and other

Total assets, start of year
$8,622,425
Total assets, end of year
$8,243,791
Total liabilities, end of year
$4,309,156
Net assets, end of year
$3,934,635
Land, buildings and equipment
$592,704
Publicly traded securities
$2,186,081
Net assets without donor restrictions
$3,934,635
Gross unrelated business income
$24,545
Gross receipts
$6,358,451
Employees
18
Volunteers
5
Year formed
1991
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Bonnie CarlsonPresident and CEO
Officer
40$323,007$69,177
Dan O'NeillVP of Strategy and Sales
Highest-paid employee
40$216,510$52,992
Jan KroellsVP of Advertising
Highest-paid employee
40$214,759$33,302
Dave MonaChair
Trustee or director, Officer
1$0$0
Fay BeauchineVice Chair
Trustee or director, Officer
1$0$0
Jim SaccomanTreasuer
Trustee or director, Officer
1$0$0
Dr Joyce EsterDirector
Trustee or director
1$0$0
Dan JasperDirector
Trustee or director
1$0$0
Mitch KilianDirector
Trustee or director
1$0$0
Shane ChristensonDirector
Trustee or director
1$0$0
Shawn NelsonDirector
Trustee or director
1$0$0
Alberto AbreuDirector
Trustee or director
1$0$0
Mayor Tim BusseDirector
Trustee or director
1$0$0
Jamie VerbruggeDirector
Trustee or director
1$0$0
Kathy TunhiemDirector
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
Bonnie CarlsonPresident and CEO
Officer
40$268,810$61,347
Dan O'NeillVP of Strategy and Sales
Highest-paid employee
40$166,550$46,225
Jan KroellsVP of Advertising
Highest-paid employee
40$173,893$27,869
Dave MonaChair
Trustee or director, Officer
1$0$0
Fay BeauchineVice Chair
Trustee or director, Officer
1$0$0
Dr Joyce EsterDirector
Trustee or director
1$0$0
Dan JasperDirector
Trustee or director
1$0$0
Mitch KilianDirector
Trustee or director
1$0$0
Shane ChristensonDirector
Trustee or director
1$0$0
Shawn NelsonDirector
Trustee or director
1$0$0
Tim BusseDirector
Trustee or director
1$0$0
Jim SaccomanDirector
Trustee or director
1$0$0
Jamie VerbruggeDirector
Trustee or director
1$0$0
Kathy TunhiemDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2131 LINDAU LANE STE 420, BLOOMINGTON, MN 55425-2640
Principal officer (990 for 2024)
Bonnie Carlson, 2131 Lindau Ln 420, Bloomington, MN 55425
Signed the 990
Bonnie Carlson, President
Phone
(952) 858-8500
Return prepared by
Abdo

Mission

To enhance the overall Bloomington experience and contribute to the economic well-being of the city through leadership and innovation in the hospitality industry.

990 for the year ended December 31, 2024

Program accomplishments

  • To promote the city of Bloomington, Minnesota by attracting meetings, conventions, and tourism business to the community and to enhance and contribute to the overall identity and economic well-being of the community.
    Expenses $5,292,446 · revenue $344,371

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-1696432
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,243,791
Income (IRS master file)
$6,358,451

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$6,358,267$6,405,502$8,243,791XML
990December 2023$6,058,251$5,861,763$8,622,425XML
990December 2022$5,604,990$4,693,311$8,311,917IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1696432).

Questions about BLOOMINGTON MINNESOTA TRAVEL & TOURISM

What is the EIN of BLOOMINGTON MINNESOTA TRAVEL & TOURISM?
The employer identification number (EIN) of BLOOMINGTON MINNESOTA TRAVEL & TOURISM is 41-1696432.
Is BLOOMINGTON MINNESOTA TRAVEL & TOURISM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1993.
Are donations to BLOOMINGTON MINNESOTA TRAVEL & TOURISM tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BLOOMINGTON MINNESOTA TRAVEL & TOURISM file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BLOOMINGTON MINNESOTA TRAVEL & TOURISM due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BLOOMINGTON MINNESOTA TRAVEL & TOURISM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BLOOMINGTON MINNESOTA TRAVEL & TOURISM?
The 990 for the year ended December 31, 2024 names Bonnie Carlson.
Who are the officers and directors of BLOOMINGTON MINNESOTA TRAVEL & TOURISM?
The 990 for the year ended December 31, 2024 lists 15 people; 3 received compensation from the organization, the highest $323,007 (Bonnie Carlson, President and CEO).
How much revenue does BLOOMINGTON MINNESOTA TRAVEL & TOURISM have?
On its 990 for the year ended December 31, 2024 it reported revenue of $6,358,267, expenses of $6,405,502 and total assets of $8,243,791 at year end.

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