| Return Reference | Explanation |
|---|---|
| FORM 990, PART I, LINE 6: | THERE WERE 19 INDIVIDUALS THAT SERVED ON THE BOARD OF DIRECTORS FOR 2024. |
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERSHIP IN WTA IS OPEN TO ALL ORGANIZATIONS AND INDIVIDUALS ENGAGED IN TOURISM. THERE ARE CURRENTLY NINE CLASSES OF MEMBERS INCLUDING DIAMOND INVESTOR, SILVER INVESTOR, CORPORATE INVESTOR, PARTNER, ASSOCIATE PARTNER, PREMIUM MEMBER, BASIC MEMBER, SMALL BUSINESS MEMBER AND INDIVIDUAL MEMBER. CLASSES OF MEMBERS MAY BE REVISED AT ANY TIME. |
| FORM 990, PART VI, SECTION A, LINE 8B | THE BOARD COMMITTEES DO NOT KEEP MEETING MINUTES. |
| FORM 990, PART VI, SECTION B, LINE 11B | AT THE END OF THE FISCAL YEAR, THE OUTSIDE CPA WILL PREPARE THE ANNUAL RETURN FOR ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990). THE RETURN WILL BE PRESENTED TO THE CEO, AUDIT AND FISCAL COMMITTEE, AND THE BOARD CHAIR FOR THEIR REVIEW AND APPROVAL. THE OUTSIDE CPA WILL THEN FILE THE RETURN WITH THE IRS BY THE ANNUAL DEADLINE. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL MEMBERS OF THE BOARD ARE REQUIRED TO ANNUALLY SIGN A CONFLICT OF INTEREST POLICY. ALL PERSONS COVERED BY THE POLICY MUST PROMPTLY AND FULLY DISCLOSE ALL MATERIAL FACTS OF EVERY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. ANY POTENTIAL CONFLICT OF INTEREST WILL BE REVIEWED BY THE BOARD. ANY INTERESTED BOARD MEMBER SHALL RECUSE HIMSELF OR HERSELF FROM THE BOARD REVIEW OF THE MATTER. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST, A DECISION WILL BE MADE BY A MAJORITY OF THE DISINTERESTED BOARD MEMBERS ON WHETHER TO ENTER INTO OR CONTINUE THE ARRANGEMENT IN QUESTION. |
| FORM 990, PART VI, SECTION B, LINE 15A | WTA SALARIES ARE EVALUATED ANNUALLY USING COMPARATIVE DATA FROM THIRD PARTY NATIONAL TRAVEL AND TOURISM ASSOCIATIONS INCLUDING BUT NOT LIMITED TO DESTINATIONS INTERNATIONAL, WHICH COMPILES SALARY SURVEYS ACROSS MYRIAD POSITIONS FOR STATE TOURISM OFFICES, CITY DESTINATION MARKETING ORGANIZATIONS AND RELATED ORGANIZATIONS. IN ADDITION TO THE SALARY AND BENEFIT RANGES SUPPLIED BY THIS DATA, SWT APPLIES EXPERIENCE, BUDGET AND PROGRAM RESPONSIBILITIES AND STAFF OVERSIGHT TO ACHIEVE A SALARY FIGURE. THE ORGANIZATION'S EXECUTIVE COMMITTEE DETERMINES AND APPROVES THE EXECUTIVE DIRECTOR'S SALARY THROUGH THIS PROCESS. THE EXECUTIVE DIRECTOR DETERMINES THE SALARIES OF OTHER DIRECTORS USING THESE FIGURES AND PRESENTS TO THE ORGANIZATION'S BOARD EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO SETTING THE SALARY. ADDITIONALLY, COST OF LIVING ADJUSTMENTS ARE CONSIDERED EACH YEAR AS PART OF THE ORGANIZATION'S BUDGETING PROCESS AND ARE ULTIMATELY APPROVED BY THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VI, LINE 1: | THE BOARD ROUTINELY VOTES TO EMPOWER THE FINANCE AND EXECUTIVE COMMITTEE WITH AUTHORITY TO APPROVE CONTRACTS AND MAKE DECISIONS ON BEHALF OF THE BOARD. |
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