NonprofitsTempe Convention And Visitors Bureau Inc

Tempe Convention And Visitors Bureau Inc

TEMPE, AZ

Total revenue

$4.1M

Total expenses

$4.0M

Net assets

$1.1M

Grants received

EIN

860613381

Tax year

2024

Mission

Direct promotion of tourism through marketing program designed to attract an increasing number of visitors and convention delegates to tempe which will contribute to the overall growth of the community.

Programs

2 programs

Our sports marketing efforts include marketing tempe to new sports rights holders and working with our existing events to ensure they are successful. The goal of marketing in this segment is to generate room nights from both sports participants and their fan base. This is an important market because individual athletes and team sports attendees use multiple hotels over the weekends, travel to tempe during need periods and tend to be recession proof. They also tend to be annual events which helps our hotel partners predict their available room inventory in advance. In fy24/25 we recorded 26 sports bookings, 6,049 room nights booked and 7,902 attendees. Based on our conversion formula for the sports market, we received an estimated economic impact of $18,327,342. Our group marketing efforts include marketing tempe to meeting and event planners and working with our booked programs to ensure they are successful. The goal of marketing in this segment is to generate room nights from corporate, association, social, military, educational, religious and fraternal meetings and events. This is an important market because many of our hotels rely on group business for increased room nights and food and beverage sales. Hotels also find this valuable as they can better plan for the year ahead knowing when large groups will be in-house at their property giving them the ability to focus attention on selling non-booked room nights in advance. In fy 24/25 we recorded 128 group bookings, 22,749 room nights booked and 12,338 attendees. Based on our conversion formula for the group market, we received an estimated economic impact of $27,319,595.

Our digital marketing strategy includes content development, search engine optimization, pay-per-click advertising, social media, boosted ad placements and a direct link through our advertising efforts. The goal of our online marketing strategy is to provide relevant information in an instant to anyone searching for travel to tempe. The information provided is intended to inspire travelers through written content and visual content such as photos and videos. The website is our primary connection to the public and it is critical that we constantly ensure that the site is optimized, contains up-to-date information and provides the end user with information relevant to their needs. In fy 24/25 we received a total of 908,784 visitor sessions to our website: www.tempetourism.com. Note that we experienced a year-over-year decrease mainly due to launching a brand-new website which will cause a drop in direct visits until the site propgates across the web. We also recorded a total of 18,255,930 social media engagments and video views. Based on our website conversion formula, we estimate that through our digital efforts we generated an economic impact of $15,287,272

Financials

FY 2024

Revenue

Contributions & grants$4.1M
Program service revenue$51K
Investment income$5K
Other revenue$6K
Total revenue$4.1M

Expenses

Grants paid
Salaries & benefits$1.3M
Fundraising$46K
Other expenses$2.8M
Total expenses$4.0M
Total assets$1.1M
Net assets$1.1M

People

21 listed

NameRoleCompensation

MUNIRA SMITH

Chairman

Board

0

DANA TERRAZAS

Director

Board

0

ALEXANDRIA LEXIE VAN HAREN

Secretary

Board

0

ZACHARY POWELL

Director

Board

0

CRAIG HAYTON

Director

Board

0

THOMAS BARR

Director

Board

0

KELLEY BOLENDER

Director

Board

0

TIM GOMEZ

Treasurer

Board

0

THERESA DICKERSON

Director

Board

0

GABE HAGEN

Director

Board

0

TED TREMBATH

Director

Board

0

CHARLENE T VASQUEZ

Director

Board

0

JOHNATHAN YEE

Director

Board

0

JENNIFER ADAMS

Director

Board

0

LORI FOSTER

Director

Board

0

ROBIN ARREDONDO-SAVAGE

Director

Board

0

ANNA MCCLURE

Director

Board

0

AMBER MUSGRAVE

Director

Board

0

SUE RIGLER

Director

Board

0

MICHAEL MARTIN

PRESIDENT & CEO

Staff

$220K

40 hrs/wk

MATTHEW CONNELLY

DIRECTOR OF SALES

Staff

$118K

40 hrs/wk

Details

EIN860613381
Subsection06
Ruling date1988-12
Formed1988
Employees12
TEMPE CONVENTION AND VISITORS BUREAU INC — Mission, Financials & Grants Received | Grantivo