2025-02-13T14:26:37-06:00 2024-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2023-07-01 680102829 Lake Tahoe Visitors Authority Inc LAKE 7755885900 75 Hwy 50 PO Box 5878 Stateline NV 894495878 Carol Chaplin President/CEO 7755885900 2025-02-12 1 1 Heidi Sachs P01273512 6122536500 2025-02-12 2023 2025-03-06 01:10:19Z Carol Chaplin 75 Hwy 50 PO Box 5878 Stateline NV 894495878 9623371 0 X www.VISITLAKETAHOE.COM X 1986 NV Promotion of travel and tourism in the South Lake Tahoe area. 7 7 14 386 0 0 6736417 6963586 2056973 2208939 300254 435498 0 0 9093644 9608023 125000 121250 0 0 1191177 1250847 0 0 0 6952615 8694191 8268792 10066288 824852 -458265 12171881 11487686 2045215 1786009 10126666 9701677 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 0 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 52 0 1 14 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 Nastasia 7755885900 75 Hwy 50 PO Box 5878 Stateline NV 894495878 Jerry Bindel Chair 1.00 X X 0 0 0 Tom Fortune Treasurer 1.00 X X 0 0 0 Bill Cottrill Secretary 1.00 X X 0 0 0 Wesley Rice Director 1.00 X 0 0 0 Cody Bass Director 1.00 X 0 0 0 Corinna Osbourne Director 1.00 X 0 0 0 Yale Rowe Until Nov 2023 Director 1.00 X 0 0 0 Karie Hall Director 1.00 X 0 0 0 Carol Chaplin President/CEO 40.00 X 197143 0 28756 Sue Barton Chief Operating Officer 40.00 X 135792 0 23462 Stuart Maas Dir. of Marketing & Conference Sales 40.00 X 137471 0 15248 Juraj Sojak Director of Tourism 40.00 X 112400 0 13402 582806 0 80868 4 0 1 0 Noble Studios 50 W Liberty St Suite 800 Reno NV 89501 Advertising 4460550 Milthorpe Sports LLC PO Box 12727 Palm Desert CA 92255 Event (ACC) 1785915 NBC Sports Ventures Inc PO Box 402971 Atlanta GA 30384 Event (ACC) 415000 Edgewood Companies PO Box 2249 Stateline NV 89449 Event Hosting (ACC held on property) 334750 Harveys PO Box 96118 Las Vegas NV 89193 Local event support/sponsorships 320000 10 6842336 121250 6963586 Celebrity Golf 541800 2111961 2111961 96978 96978 2208939 450846 450846 15348 -15348 -15348 -15348 9608023 2208939 0 435498 X 121250 321519 643721 26337 90057 169213 131 32700 2677105 1954340 354416 28794 5970 186609 17130 17707 Celebrity Golf 2174280 Special Events 560612 Business Development 213019 471378 10066288 9799890 8542647 545335 898767 1791683 2043777 102495 100000 34973 2495 12171881 11487686 751281 500414 1293934 1285595 2045215 1786009 X 10018004 9519614 108662 182063 10126666 9701677 12171881 11487686 -458265 33276 0 X 0 1 X 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 102495 100000 2495 2495 X 9656647 33276 33276 9623371 -15348 -15348 9608023 10081636 15348 15348 10066288 0 10066288 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: Loss on Disposition of Property and Equipment -15,348. Part XII, Line 2d - Other Adjustments: Loss on Disposition of Property and Equipment 15,348. 1 Boys & Girls Club of Lake Tahoe PO Box 17846 South Lake Tahoe CA 96151 680241891 501(c)3 10000 0 ACC 2024 Community Grant Bread and Broth 1041 Lyons Ave South Lake Tahoe CA 96150 453954503 501(c)3 6000 0 ACC 2024 Community Grant Tahoe Douglas Fire Protection PO Box 919 Zephyr Cove NV 89448 880162034 Lake Tahoe CA 14500 0 ACC 2024 Community Grant Tahoe Area Mountain Biking Association PO Box 13712 South Lake Tahoe CA 96151 911852297 501(c)3 5200 0 ACC 2024 Community Grant 4 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. This is a committee driven process. X 0 0 0 Carol Chaplin President/CEO 190061 0 7082 0 0 0 7886 0 20870 0 225899 0 0 0 Sue Barton Chief Operating Officer 130466 0 5326 0 0 0 5432 0 18030 0 159254 0 0 0 Stuart Maas Dir. of Marketing & Conference Sales 107862 0 29609 0 0 0 5499 0 9749 0 152719 0 0 0 Form 990, Part VI, Section A, line 1a The Directors may by a vote of a majority of the Directors then in office, elect from their number such committees which may exercise some or all of the power of the Directors except those which by law, by the Articles of Incorporation or by these By-Laws, they are prohibited from delegating. Except as the Directors may otherwise determine, any such committee may make rules for the conduct of its business, but unless otherwise provided by the Directors or such rules, its business shall be conducted as nearly as may be in the same manner as is provided by these By-Laws for the conduct of business by the Directors. 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 three. The members of this corporation are the South Lake Tahoe Tourism Improvement District; Tahoe Douglas Visitors Authority; and Douglas County, Nevada. Form 990, Part VI, Section A, line 7a The Lake Tahoe Tourism Improvement District and the Tahoe Douglas Visitors Authority each shall select or appoint two (2) Directors. Douglas County Nevada will appoint one (1) Director. An at-large Director from Nevada shall be appointed by a majority of the Board of Directors. The second at-large Director shall be an employee of either the City of South Lake Tahoe or a member of the South Lake Tahoe City Council. 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 Salaries are approved in the annual budget, goals and results reviewed by management and in the case of CEO by the Chairman of the Board. 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 2,677,105.