| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 6 Classes of members or stockholders | Members are made up of owners and/or managers of businesses in the Salt Lake County hospitality community. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | The members elect the board of trustees and the board of trustees establishes the bylaws for the organization and committee to act in place of the board of trustees to establish policies and procedures for the organization and to assure that such policies and procedures are implemented. |
| Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders | Indirectly, yes, because the members elect the board of trustees who in turn elects the executive committee who makes decisions regarding the organization. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | The form 990 is first reviewed by the controller and CFO of the organization. The form 990 is then presented to the finance committee, a subcommittee of the executive committee (the organization's governing body). The finance committee reviews the 990 and reports to the executive committee. |
| Form 990, Part VI, Line 12c Conflict of interest policy | The organization reviews compliance with the policy and reminds members of tthe executive committee of the policy at scheduled meetings. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | The compensation committee reviews the compensation of the president on an annual basis. The president reviews the compensation of key employees on an annual basis. The compensation committee and president compare salaries of other convention and visitors bureaus using salary data obtained from The Western Association of Convention and Visitors Bureau and Destination Marketing Association International. The salary that is determined as a result of this analysis is documented using an internal form called a "Personnel Action Form". The Personnel Action Form is signed by the president for approving salaries of key employees, and the personnel action form is signed by the chairman of the compensation committee for approving the salary of the president. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | The compensation committee reviews the compensation of the president on an annual basis. The president reviews the compensation of key employees on an annual basis. The compensation committee and president compare salaries of other convention and visitors bureaus using salary data obtained from The Western Association of Convention and Visitors Bureau and Destination Marketing Association International. The salary that is determined as a result of this analysis is documented using an internal form called a "Personnel Action Form". The Personnel Action Form is signed by the president for approving salaries of key employees, and the personnel action form is signed by the chairman of the compensation committee for approving the salary of the president. |
| Form 990, Part VI, Line 19 Required documents available to the public | The documents are posted on the organization's website. |
| Software ID: | 24020961 |
| Software Version: | 2024v5.1 |