2021-04-07T17:43:13-05:00 2020-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2019-07-01 680102829 Lake Tahoe Visitors Authority Inc LAKE 7755885900 PO Box 5878 Stateline NV 89449 Carol Chaplin President/CEO 7755885900 2021-03-26 1 Deb Nelson CPA P01264758 6122536500 2021-03-26 2019 2022-09-23 18:48:47Z Carol Chaplin PO Box 5878 Stateline NV 89449 5605972 0 X www.ltva.org www.TahoeSouth.com X 1986 NV Promotion of travel and tourism in the South Lake Tahoe area. 7 7 15 90 0 0 5976841 4727760 672966 789227 69757 81230 22439 1803 6742003 5600020 78984 100000 0 0 944861 973391 0 0 0 4823728 4513942 5847573 5587333 894430 12687 7841189 7175648 1217035 538807 6624154 6636841 X To market the South Shore of Lake Tahoe as a unique world-class year-round destination resort for the economic benefit and quality of life for the area, while respecting its traditions and environments. 0 1 Promotion of travel and tourism of the Lake Tahoe area year round resulting in positive economic impact to the community. Programs include advertising, sales, marketing, public relations, special events and visitor information services. 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 88 0 1 15 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X Katharine McComb 7755885900 PO Box 5878 Stateline NV 89449 Carol Chaplin President/CEO 40.00 X 162785 0 22456 Sue Barton Senior Vice President 40.00 X 113612 0 20819 Tony Lyle VP of Tourism Development 40.00 X 100865 0 19527 Jerry Bindel Chair 1.00 X X 0 0 0 John Packer Secretary 1.00 X X 0 0 0 Mike Goar Treasurer (left Aug. 2019) 1.00 X X 0 0 0 Tom Fortune Treasurer (as of May 2020) 1.00 X X 0 0 0 Wesley Rice Director 1.00 X 0 0 0 Bill Cottrill Director 1.00 X 0 0 0 Joelle Shearin Director 1.00 X 0 0 0 Jason Collin Director 1.00 X 0 0 0 Nicholas Breaux-Fujita Director (left March 2020) 1.00 X 0 0 0 377262 0 62802 3 0 1 0 DuncanChannon Inc 114 Sansome St 14th Fl San Francisco CA 94104 Advertising Services 2237174 NBC Sports Ventures Inc 1 Blachley Rd Stamford CT 06902 Event (ACC) 415000 Milthorpe Sports LLC PO Box 12727 Palm Desert CA 92255 Event (ACC) 270730 Edgewood Companies PO Box 2249 Stateline NV 89449 Event Hosting (ACC held on property) 255000 Weidinger Public Relations PO Box 5097 Stateline NV 89449 PR Services 244358 9 4585460 142300 4727760 Celebrity Golf 541800 691379 691379 97848 97848 789227 81230 81230 7755 5952 1803 1803 5600020 791030 0 81230 X 100000 155776 626731 23461 103076 64347 1625 11500 598139 2312324 297572 28743 5865 21214 806 7722 11609 Celebrity Golf 776972 Special Events 243602 Business Development 152789 43460 5587333 1 6016547 6648021 806031 225708 974944 265975 331663 295719 43666 35944 7841189 7175648 210068 154349 1006967 384458 1217035 538807 X 6624154 6636841 6624154 6636841 7841189 7175648 12687 0 X 0 1 X 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38873 28248 10625 101462 78637 22825 191328 188834 2494 35944 X 5605972 0 5605972 -5952 -5952 5600020 5593285 5952 5952 5587333 0 5587333 Part X, Line 2: Management believes that the entity has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Organization would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Part XI, Line 4b - Other Adjustments: Cost of Goods Sold -5,952. Part XII, Line 2d - Other Adjustments: Cost of Goods Sold 5,952. 1 Boys & Gilrs Club of Lake Tahoe 1100 Lyons Ave South Lake Tahoe CA 96151 680241891 501(c)3 9500 ACC 2020 Community Grant Suicide Prevention Network 1625 Hwy 88 Ste 203 Minden NV 89423 731646702 501(c)3 7500 ACC 2020 Community Grant Tahoe Youth and Family Services 1021 Fremont Ave South Lake Tahoe CA 96150 942145042 501(c)3 7000 ACC 2020 Community Grant 3 0 Part I, Line 2: The Organization provides funding to organizations through a selection process. These grant proposals are reviewed by management who then makes recommendations to the Board of Directors. The grantees are then required to submit annual reports detailing out the program accomplishments. X X 0 0 0 Carol Chaplin President/CEO 156785 0 6000 0 0 0 6271 0 16185 0 185241 0 0 0 Part I, Line 3 Annual salaries are approved as part of the budget process and the CEO is independently reviewed and approved. Form 990, Part III, line 3 The Organization temporarily ceased selling the Visitors' Center merchandise as of March 2020, as the physical locations were closed due to COVID-19. Form 990, Part VI, Section A, line 6 Members are those person having membership rights and privileges in the corporation in accordance with the Articles of Incorporation and with the By-Laws. The number of members shall be established at five. The members of this corporation are the Lake Tahoe Chamber of Commerce, South Shore; South Lake Tahoe Tourism Improvement District; Tahoe Douglas Visitors Authority; Douglas County, Nevada; and the City of South Lake Tahoe. Form 990, Part VI, Section A, line 7a Each member shall select or appoint one (1) Director except, in the cases of the Lake Tahoe Tourism Improvement District and the Tahoe Douglas Visitors Authority, which each shall select or appoint two (2) Directors. Form 990, Part VI, Section B, line 11b The Form 990 draft is provided to management for review and approval prior to submitting to the Internal Revenue Service. Form 990, Part VI, Section B, line 12c All Board members are required to update annually and to recuse themselves voluntarily and abstain from the vote. Form 990, Part VI, Section B, line 15 The Executive Committee reviews and approves salaries annually based upon previous salaries. The decision is approved at the Board meeting and documented in the Board minutes. Form 990, Part VI, Section C, line 19 The Organization's annual report, audited financial statements, and the governing documents are available upon request. Form 990, Part IX, line 11g Other Professional Fees 598,139.