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Philadelphia Convention & Visitors Bureau Of The Chamber Of Commerce

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$18.8M (2023)

Expenses
$16.8M (2023)

Total Assets
$24.3M (2023)

Total Liabilities
$8.48M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,769,517
Expenses
$16,801,073
Net Income
$1,968,444
Net Assets
$15,787,425
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,543,218
61.5%
Program Services $6,743,952
35.9%
Investment Income $384,184
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $98,163
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $720,849
4.3%
Professional Fundraising Fees $0
Other Salaries and Wages $5,726,667
34.1%
Assets/Debt
Total Assets $24,266,720
Total Liabilities $8,479,295
Net Assets $15,787,425
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Gregg Caren (Pres. & Ceo) $506,304 $0 $38,687
Maria Grasso (Sr Vp Conv D) $249,467 $0 $54,899
Arthur M Ayres (Sr Vp Of Fin) $214,545 $0 $45,808
Kevin Richards (Natl Account) $211,508 $0 $19,319
Joseph Heller (Vp Marcom) $209,017 $0 $36,130
Larry Needle (Exec Dir Ph) $190,528 $0 $41,492
Bonnie Grant (Ex Dir Phl L) $170,094 $0 $37,395
See Attached For The Bod List (Bod) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,955,897
Expenses
$12,604,123
Net Income
$8,351,774
Net Assets
$13,818,981
Notable Sources of Revenue Percent of Total Revenue
Contributions $13,861,977
66.1%
Program Services $4,232,509
20.2%
Investment Income $62,704
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,798,707
13.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $5,367,865
42.6%
Assets/Debt
Total Assets $21,636,489
Total Liabilities $7,817,508
Net Assets $13,818,981
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Gregg Caren (Pres. & Ceo) $356,587 $0 $15,117
Kavin Schieferdecker (Sr Vp Conv D) $166,594 $0 $42,319
Kevin Richards (Natl Account) $161,936 $0 $19,093
Maria Grasso (Sr Vp Conv D) $158,168 $0 $51,230
Arthur M Ayres (Sr Vp Of Fin) $153,202 $0 $40,501
Joseph Heller (Vp Marcom) $151,618 $0 $32,902
Larry Needle (Exec Dir Ph) $115,724 $0 $33,350
See Attached For The Bod List (Bod) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,441,496
Expenses
$9,201,487
Net Income
-$1,759,991
Net Assets
$5,467,207
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,349,480
85.3%
Program Services $960,838
12.9%
Investment Income $38,522
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $92,656
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $5,004,270
54.4%
Assets/Debt
Total Assets $12,011,109
Total Liabilities $6,543,902
Net Assets $5,467,207
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Kavin Schieferdecker (Officer) $268,252 $0 $27,540
Maria Grasso (Sr Natl Acco) $258,614 $0 $52,707
Kevin Richards (Natl Account) $226,134 $0 $19,016
Gregg Caren (Pres. & Ceo) $212,808 $0 $0
Julie Coker (President &) $195,356 $0 $19,998
Angela Val (Chief Admin) $152,450 $0 $44,399
Joseph Heller (Vp Marcom) $148,552 $0 $24,268
Arthur M Ayres (Vp Finance) $135,638 $0 $39,015
Larry Needle (Exec Dir Ph) $112,451 $0 $35,123
See Attached For The Bod List (Bod) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,346,622
Expenses
$16,780,315
Net Income
$566,307
Net Assets
$7,227,198
Notable Sources of Revenue Percent of Total Revenue
Contributions $16,085,405
92.7%
Program Services $974,391
5.6%
Investment Income $124,186
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $162,640
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $7,063,761
42.1%
Assets/Debt
Total Assets $10,682,629
Total Liabilities $3,455,431
Net Assets $7,227,198
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Julie Coker (President &) $454,548 $0 $42,168
Kevin Richards (Natl Account) $243,850 $0 $20,653
Maria Grasso (Sr Natl Acco) $218,300 $0 $44,074
Timothy Haggerty (Vp Conv. Sal) $215,101 $0 $40,702
Marthia Falcon (E.D Marcom) $190,823 $0 $34,043
Angela Val (Chief Admin) $190,485 $0 $33,193
Larry Needle (Exec Dir Psc) $182,665 $0 $42,263
Arthur M Ayres (Vp Finance) $173,070 $0 $24,229
See Attached For The Bod List (Bod) $0 $0 $0
Gregg Caren (Pres. & Ceo) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,555,890
Expenses
$19,071,910
Net Income
$1,483,980
Net Assets
$6,660,891
Notable Sources of Revenue Percent of Total Revenue
Contributions $19,093,748
92.9%
Program Services $914,683
4.4%
Investment Income $89,671
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $457,788
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,167,808
6.1%
Professional Fundraising Fees $0
Other Salaries and Wages $5,772,470
30.3%
Assets/Debt
Total Assets $12,165,571
Total Liabilities $5,504,680
Net Assets $6,660,891
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Julie Coker (President &) $428,323 $0 $42,168
Maria Grasso (Sr Natl Acco) $278,888 $0 $44,074
Richard Staub (Sr Vp Conv.) $260,223 $0 $41,218
Timothy Haggerty (Vp Conv. Sal) $198,918 $0 $40,702
Angela Val (Chief Admin) $187,228 $0 $33,193
Martha Falcon (Exec Dir Mar) $175,930 $0 $34,043
Arthur M Ayres (Vp Finance) $151,226 $0 $24,229
Bonnie Grant (Exec Dir Psc) $149,671 $0 $33,027
Patricia Kraft Hilpl (Exec Dir Lt) $100,797 $0 $24,265
See Attached For The Bod List (Bod) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,228,275
Expenses
$17,012,135
Net Income
$1,216,140
Net Assets
$5,176,911
Notable Sources of Revenue Percent of Total Revenue
Contributions $17,093,218
93.8%
Program Services $1,089,188
6.0%
Investment Income $38,415
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,454
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,167,808
6.9%
Professional Fundraising Fees $0
Other Salaries and Wages $5,974,675
35.1%
Assets/Debt
Total Assets $10,116,668
Total Liabilities $4,939,757
Net Assets $5,176,911
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Julie Coker (President &) $428,323 $0 $42,168
Maria Grasso (Sr Natl Acco) $278,888 $0 $44,074
Richard Staub (Sr Vp Conv.) $260,223 $0 $41,218
Timothy Haggerty (Vp Conv. Sal) $198,918 $0 $40,702
Angela Val (Chief Admin) $187,228 $0 $33,193
Martha Falcon (Exec Dir Mar) $173,730 $0 $34,043
Arthur M Ayres (Vp Finance) $151,226 $0 $24,229
Bonnie Grant (Exec Dir Psc) $149,671 $0 $33,027
Patricia Kraft Hilpl (Exec Dir Lt) $100,797 $0 $24,265
See Attached For The Bod List (Bod) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,147,499
Expenses
$16,842,984
Net Income
$304,515
Net Assets
$3,960,771
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,712,026
91.6%
Program Services $1,256,557
7.3%
Investment Income $17,395
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $161,521
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,031,317
6.1%
Professional Fundraising Fees $0
Other Salaries and Wages $4,928,233
29.3%
Assets/Debt
Total Assets $8,461,917
Total Liabilities $4,501,146
Net Assets $3,960,771
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Julie Coker (President &) $383,148 $0 $43,360
Wanda Paul (Sr. Vp Fin) $283,814 $0 $44,010
Richard Staub (Sr Vp Conv S) $245,891 $0 $20,134
Kevin Richards (Natl Account) $221,917 $0 $24,755
Timothy Haggerty (Vp Conventio) $201,577 $0 $30,918
Maria Grasso (Sr Natl Acco) $175,562 $0 $34,754
Martha Falcon (Exec Dir Mal) $172,670 $0 $12,803
Patricia Kraft Hilpl (Exec Dir Lt) $165,484 $0 $34,249
John Ferguson (President &) $150,029 $0 $1,413
Angela Val (Vp & Cao) $10,962 $0 $0
See Attached For The Bod List (Bod) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,905,029
Expenses
$15,510,737
Net Income
$394,292
Net Assets
$3,656,256
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,662,535
92.2%
Program Services $1,215,821
7.6%
Investment Income $23,003
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,670
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,184,668
7.6%
Professional Fundraising Fees $0
Other Salaries and Wages $4,378,556
28.2%
Assets/Debt
Total Assets $7,394,603
Total Liabilities $3,738,347
Net Assets $3,656,256
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
John Ferguson (President & Ceo) $444,512 $0 $52,756
Julie Coker Graham (Senior Vp Convention Sales) $356,287 $0 $33,976
Wanda D Paul (Senior Vp Of Finance & Admin) $254,760 $0 $42,377
Maria Grasso (Convention Sales) $220,070 $0 $34,684
Kevin Richards (Convention Sales) $184,231 $0 $20,177
Patricia Kraft Hilpl (Executive Director Lt Sales) $161,567 $0 $32,027
Larry Needle (Executive Directive Psc) $151,261 $0 $35,760
Brian Said (Executive Director Tourism) $149,700 $0 $17,555
See Bod List (Bod) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,214,037
Expenses
$16,708,254
Net Income
$505,783
Net Assets
$3,261,964
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,554,526
90.4%
Program Services $1,569,649
9.1%
Investment Income $16,088
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $73,774
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $934,204
5.6%
Professional Fundraising Fees $0
Other Salaries and Wages $4,841,533
29.0%
Assets/Debt
Total Assets $8,384,771
Total Liabilities $5,122,807
Net Assets $3,261,964
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
John Ferguson (President An) $298,861 $0 $51,386
Wanda Paul (Sr. Vp Fin) $251,474 $0 $41,002
Julie Coker (Sr Vp Conv.) $251,040 $0 $40,441
Kevin Richards (Conv. Sales) $171,679 $0 $20,763
Maria Grasso (Conv. Sales) $162,000 $0 $29,995
Patricia Kraft Hilpl (Exec Dir Lt) $154,346 $0 $30,330
Larry Needle (Exec Dir Psc) $154,323 $0 $37,577
See Attached For The Bod List (Bod) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,652,329
Expenses
$14,760,624
Net Income
$891,705
Net Assets
$2,756,181
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,136,762
90.3%
Program Services $1,501,969
9.6%
Investment Income $10,642
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,956
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $978,915
6.6%
Professional Fundraising Fees $0
Other Salaries and Wages $4,484,973
30.4%
Assets/Debt
Total Assets $6,950,216
Total Liabilities $4,194,035
Net Assets $2,756,181
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
John Ferguson (President An) $338,663 $0 $53,035
Julie Coker (Sr Vp Conv.) $268,286 $0 $29,220
Wanda Paul (Sr. Vp Fin) $247,070 $0 $42,641
Maria Grasso (Conv. Sales) $172,545 $0 $33,896
Larry Needle (Exec Dir Psc) $158,935 $0 $36,573
Patricia Kraft Hilpl (Exec Dir Lt) $152,601 $0 $23,710
See Attached For The Bod List (Bod) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,001,586
Expenses
$16,769,538
Net Income
$232,048
Net Assets
$1,864,476
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,562,759
91.5%
Program Services $1,422,618
8.4%
Investment Income $15,237
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $972
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $988,293
5.9%
Professional Fundraising Fees $0
Other Salaries and Wages $3,649,532
21.8%
Assets/Debt
Total Assets $5,622,479
Total Liabilities $3,758,003
Net Assets $1,864,476

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,171,297
Expenses
$13,698,009
Net Income
$473,288
Net Assets
$1,632,428
Notable Sources of Revenue Percent of Total Revenue
Contributions $13,059,845
92.2%
Program Services $1,097,092
7.7%
Investment Income $14,098
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $262
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,185,359
8.7%
Professional Fundraising Fees $0
Other Salaries and Wages $4,441,077
32.4%
Assets/Debt
Total Assets $5,733,481
Total Liabilities $4,101,053
Net Assets $1,632,428

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,722,077
Expenses
$15,784,669
Net Income
-$62,592
Net Assets
$1,159,140
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,719,290
93.6%
Program Services $991,440
6.3%
Investment Income $10,226
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,121
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,714,245
10.9%
Professional Fundraising Fees $0
Other Salaries and Wages $4,012,225
25.4%
Assets/Debt
Total Assets $5,533,226
Total Liabilities $4,374,086
Net Assets $1,159,140

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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