Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART IV, LINE 31: | THE SNOHOMISH COUNTY TOURISM BUREAU ENDED BUSINESS OFFICALLY 12/21/2019. UPON CLOSING OF THE TOURISM BUREAU, THE BOARD VOTED TO BE AN ADVISORY BOARD OVERSEEING THE FUNDS LEFT IN THE ACCOUNT AND TO MEET ONCE OR TWICE A YEAR. THE REMAINING FUNDS IN THE ACCOUNT WILL BE USED TO PAY EXPENSES WHILE THE TOURISM BUREAU IS DORMANT. THE TOURISM BUREAU DONATED ALL FIXED ASSETS TO EITHER THE COUNTY OR THE SPORTS COMMISSION. THE BOARD GIFTED AN ASSET TO THE SPORTS COMMISSION AND AGREED TO PAY THE MONTHLY LEASE PAYMENT UNTIL PAID OFF. THE BOARD ALSO GIFTED $121,517 TO THE SPORTS COMMISSION IN 2020 FOR START UP FUNDS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY THE BOARD PRIOR TO SUBMISSION TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | UPON JOINING THE BOARD, ALL DIRECTORS ARE PROVIDED TRAINING MATERIALS STATING THE REQUIREMENT THAT ALL DIRECTORS AVOID BOTH PERSONAL AND PROFESSIONAL CONFLICTS OF INTEREST. IN ADDITION, THE ARTICLES OF INCORPORATION REQUIRES THAT DIRECTORS DISCLOSE INTEREST IN ANY ACTION OR MATTER UNDER DISCUSSION THAT WOULD BENEFIT THE DIRECTOR INDIVIDUALLY OR PROFESSIONALLY, AND ABSTAIN FROM DELIBERATION AND VOTING. LASTLY, THE ORGANIZATION HAS INSTITUTED AN ANNUAL DISCLOSURE QUESTIONAIRE THAT ALL BOARD MEMBERS ARE TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | SALARY AND WAGE SURVEYS FROM DMA WEST ARE USED TO DETERMINE STAFF SALARY PARAMETERS. ADDITIONAL RESEARCH AS PRESENTED BY THE WASHINGTON STATE DESTINATION MARKETING ORGANIZATION ASSOCIATION IS USED AS A COMPARISON TO THE WACVB SURVEYS. STAFF SALARIES ARE DETERMINED BY THE EXECUTIVE DIRECTOR WITH THE APPROVAL OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE SALARY OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AND APPROVED BY THE ENTIRE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST |
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