Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE UTAH SPORTS COMMISSION IS GOVERNED BY AN ALL-VOLUNTEER BOARD OF TRUSTEES CONSISTING OF STATEWIDE SPORTS, BUSINESS, AND COMMUNITY LEADERS. THE SPORTS COMMISSION WAS CREATED TO FOSTER NATIONAL AND INTERNATIONAL SPORTS COMPETITIONS TO BE HELD IN THE STATE OF UTAH. |
| FORM 990, PAGE 2, PART III, LINE 4A | SPORTS EVENTS, TV ADVERTISING, PROMOTION AND MARKETING - THE SPORTS COMPETITIONS AND EVENTS THAT THE UTAH SPORTS COMMISSION PARTNERS WITH SERVE AS VALUABLE ECONOMIC IMPACT AND IMAGE BUILDING DRIVERS, ESPECIALLY THOSE THAT PROVIDE NATIONAL AND INTERNATIONAL TELEVISION EXPOSURE. BY SHOWCASING UTAH'S AWE-INSPIRING LANDSCAPES TO A BROAD AUDIENCE, THE ORGANIZATION MORE EFFECTIVELY TARGETS KEY TOURISM DEMOGRAPHICS THROUGH STRATEGIC ADVERTISEMENTS, BRAND ASSOCIATIONS, AND CALLS TO ACTION. ADDITIONALLY, BECAUSE MAJOR SPORTS COMPETITIONS TEND TO BE FOLLOWED BY SIGNIFICANT TELEVISION COVERAGE, DIGITAL, SOCIAL, AND OTHER MEDIA ASSETS, THE ORGANIZATION ACTIVELY PURSUES THESE TYPES OF EVENTS AS PART OF ITS MARKETING AND BRANDING STRATEGY. BY LEVERAGING THE MEDIA ASSETS ASSOCIATED WITH SOME OF THE WORLD'S MOST PRE-EMINENT SPORTING EVENTS, THE ORGANIZATION IS BETTER ABLE TO PROMOTE AND BRAND UTAH AS, "UTAH: THE STATE OF SPORT," WHILE CEMENTING UTAH'S STATUS AS A PREMIER DESTINATION FOR WORLD CLASS INTERNATIONAL, NATIONAL, AND OLYMPIC RELATED SPORTS COMPETITIONS. |
| FORM 990, PART V | LINE 2A- NOTE THAT WAGES ARE ALLOCATED TO THE UTAH SPORTS COMMISSION FROM THE USE OF SHARED EMPLOYEES WITH THE UTAH SPORTS COMMISSION FOUNDATION (USCF). SINCE THE SHARED PAYROLL IS ADMINISTERED BY USCF, ALL W-2S ARE REPORTED ON PART V, LINE 2A OF THE USCF'S 990 RETURN AND NONE ON THIS RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 11B | FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD TREASURER PRIOR TO ISSUANCE. |
| FORM 990, PAGE 6, PART VI, LINE 12C | WE REQUIRE THAT ALL BOARD MEMBERS SIGN A CODE OF CONDUCT AGREEMENT, PROVIDING ASSURANCE THAT THEY HAVE READ AND UNDERSTAND OUR CODE OF CONDUCT POLICY AND AGREE TO ABIDE BY ITS TERMS. PART OF THIS AGREEMENT REQUIRES DISCLOSURE OF CONFLICTS OF INTEREST. FURTHERMORE, WE REQUIRE THAT BOARD MEMBERS WITH A CONFLICT OF INTEREST RECUSE THEMSELVES FROM VOTING. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE COMPENSATION COMMITTEE MEETS AS NEEDED TO REVIEW, ADJUST OR APPROVE THE CEO'S COMPENSATION. THEY TYPICALLY LOOK AT SEVERAL METRICS TO DETERMINE THE APPROPRIATENESS OF CEO COMPENSATION, WITH PERFORMANCE, TENURE, IRS GUIDELINES AND INDUSTRY COMPENSATION COMPARATIVES BEING SOME OF THE METRICS THEY TAKE INTO CONSIDERATION. THE CEO'S COMPENSATION MAY NOT BE CHANGED OR ALTERED WITHOUT APPROVAL OF THE COMPENSATION COMMITTEE. |
| FORM 990, PAGE 6, PART VI, LINE 19 | DOCUMENTS AVAILABLE TO PUBLIC UPON REQUEST. |
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