Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| Form 990 Part III | 3 | The CVB Audited Financial Statements for the year ended December 31, 2010 indicate that the CVB is defined as a primary government under Governmental Accounting Standard Board GASB Statement No. 14 because it is a component unit of Lucas County. Destination Toledo is then described as a component unit of a primary government for purposes of GASB No. 14 because it is a component of the CVB. Revenue Procedure 95-48 provides that an affiliate of a governmental unit is exempt from Form 990 filing requirements if it is described in iRC 501c and it satisfies the requirements set forth in the Revenue Procedure. Destination Toledo is operated, supervised or controlled by the CVB which is an affiliate of a governmental unit as defined by the Revenue Procedure 95-48. Therefore, this Form 990 will be the final submission for this entity. |
| Form 990 Part IV | 11a | Destination Toledo owns and depreciates fixed assets used in direct support of the organizations mission. |
| Form 990 Part VI | 11b | The executive board is provided a review copy of the Form 990 and asked for input prior to submission. |
| Form 990 Part VI | 12 | Trustees are periodicaly reminded of thge requirement to disclose conflict of interests which would interfere with objective service to the organization. |
| Form 990 Part VI | 15 | Compensation for the organizations CEO was determined by the trustees in accordance with conventional selection and compensation standards. |
| Software ID: | 10000149 |
| Software Version: | 2010.2.15 |