Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE BOARD CAN DELEGATE AUTHORITY TO THE BOARD EXECUTIVE COMMITTEE. |
| FORM 990, PART VI, SECTION A, LINE 6 | THERE ARE SIX CLASSES OF MEMBERS: DIRECT, ALLIED, PRESS, ACADEMIC, HONORARY, AND RETIRED. |
| FORM 990, PART VI, SECTION A, LINE 7A | THERE ARE TWO CLASSES OF MEMBERS WITH VOTING RIGHTS: DIRECT AND ALLIED MEMBERS. EACH DIRECT MEMBER SHALL HAVE ONE VOTE IN ALL MATTERS TO BE VOTED ON BY THE MEMBERS. EACH ALLIED MEMBER SHALL HAVE ONE VOTE TO ELECT THE TWO ALLIED MEMBERS TO THE BOARD OF DIRECTORS AND VOTE ON MATTERS REFERRED BY THE COUNCIL OF ALLIED LEADERSHIP. |
| FORM 990, PART VI, SECTION A, LINE 7B | EACH DIRECT MEMBER SHALL HAVE ONE VOTE IN ALL MATTERS TO BE VOTED ON BY THE MEMBERS; EACH ALLIED MEMBER SHALL HAVE ONE VOTE TO ELECT THE TWO ALLIED MEMBERS TO THE BOARD OF DIRECTORS AND TO VOTE ON MATTERS REFERRED BY THE COUNCIL OF ALLIED LEADERSHIP. IN ADDITION, THE BYLAWS MAY BE ALTERED, AMENDED, OR REPEALED, OR NEW BYLAWS MAY BE ADOPTED BY A 2/3 VOTE OF A QUORUM OF DIRECT MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 8B | THE AUDIT AND FINANCE COMMITTEE REPORTED ITS ACTIONS VERBALLY TO THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS PREPARED BY THE ORGANIZATION'S EXTERNAL TAX ADVISORS BASED ON DATA AND INPUT FROM THE ORGANIZATION. ONCE THE PREPARATION IS COMPLETE, THE ORGANIZATION'S CHIEF FINANCIAL OFFICER AND OTHER MANAGEMENT OFFICIALS REVIEW THE DOCUMENT BEFORE THE RETURN IS DEEMED ACCURATE AND COMPLETE. THE RETURN IS THEN MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY COVERING MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS, THE EXECUTIVE DIRECTOR, A COMMITTEE CHAIRPERSON OR COMMITTEE MEMBER, AND A MEMBER OF ANY COUNCIL OF "KEY EMPLOYEES" AS DEFINED IN THE ORGANIZATION'S COMPENSATION POLICY. KEY EMPLOYEES, AS DEFINED BY THE IRS REGULATIONS, ARE ALSO COVERED UNDER THE POLICY. DETERMINATION OF WHETHER A CONFLICT OF INTEREST DOES EXIST OCCURS AT THE BOARD OF DIRECTOR LEVEL. IF THE BOARD IDENTIFIES AN ACTUAL, POTENTIAL, OR APPARENT CONFLICT OF INTEREST, IT MAY TAKE ONE OF THE FOLLOWING ACTIONS TO RESOLVE SUCH CONFLICT. (1) WAIVE THE CONFLICT OF INTEREST AS UNLIKELY TO AFFECT THE COVERED INDIVIDUAL'S ABILITY TO ACT IN THE BEST INTERESTS OF GBTA; (2) DETERMINE THAT THE COVERED INDIVIDUAL SHOULD BE RECUSED FROM ALL DELIBERATION AND DECISION-MAKING RELATED TO THE PARTICULAR TRANSACTION OR RELATIONSHIP THAT GIVES RISE TO THE CONFLICT OF INTEREST; OR (3) DETERMINE THAT THE COVERED INDIVIDUAL MUST RESIGN FROM HIS OR HER SERVICE TO GBTA. IF THE BOARD APPROVES THE BUSINESS RELATIONSHIP UNDER CONSIDERATION, THE COVERED INDIVIDUAL MAY NOT PARTICIPATE IN ANY PROCESS BY WHICH HIS OR HER PERFORMANCE AS A VENDOR, GRANTEE, OR RECIPIENT IS EVALUATED OR IN ANY SUCH EVALUATION OF A RELATED PARTY. |
| FORM 990, PART VI, SECTION B, LINE 15 | FOR THE TOP MANAGEMENT OFFICIAL'S COMPENSATION, THE BOARD RECEIVES INPUT FROM THE PRESIDENT AND SELECT STAFF REGARDING THE EXECUTIVE DIRECTOR'S PERFORMANCE. THE BOARD REVIEWS THIS INFORMATION, THE EXECUTIVE DIRECTOR'S PERFORMANCE AGAINST OBJECTIVE CRITERIA, AND USES OUTSIDE COMPARATIVE DATA IN DETERMINING COMPENSATION. THE BOARD ALSO CONSULTS WITH A THIRD-PARTY CONSULTING FIRM SPECIALIZING IN EXECUTIVE COMPENSATION. THIS FIRM PROVIDES CURRENT MARKETPLACE BENCHMARKING DATA AND RECOMMENDATIONS. THIS WAS MOST RECENTLY DONE IN 2021. FOR OTHER KEY EMPLOYEES, THE ORGANIZATION USES COMPARATIVE DATA PROVIDED BY A 3RD PARTY TO DETERMINE COMPENSATION RECOMMENDATIONS, WHICH ARE THEN APPROVED BY TOP MEMBERS OF MANAGEMENT. THIS WAS MOST RECENTLY IN 2021. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | MARKETING SERVICES 95,703. CONSULTING SERVICES 191,382. TEMPORARY HELP 55,639. IT CONSULTING SERVICES 115,901. CONVENTION & EVENT SERVICES 170,937. OTHER PROFESSIONAL FEES 570,924. |
| FORM 990, PART XI, LINE 9: | LOSS ON FOREIGN CURRENCY EXCHANGE -14,279. |
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