2020-11-16T16:22:58-06:00 2019-12-31 272602152 BKM SOWAN HORAN LLP 15301 DALLAS PARKWAY SUITE 960 ADDISON TX 75001 990 2019-01-01 133067918 AMERICAN GEM TRADE ASSOCIATION AMER 2147424367 3030 LBJ FREEWAY SUITE 840 DALLAS TX 75234 DOUGLAS HUCKER SIGNING OFFICER 2147424367 2020-11-16 1 TIMOTHY P HORAN P01040276 2145453965 72.191.249.51 2020-11-16 10:31:21 CS P AC4CCA5BDDFD22E0CF3F0C7125257C8E521BEC0B AC4CCA5BDDFD22E0CF3F0C7125257C8E521BEC0B 2019 2022-01-07 14:23:13Z DOUGLAS HUCKER 3030 LBJ FREEWAY SUITE 840 DALLAS TX 75234 4121108 0 X WWW.AGTA.ORG X 1981 TX THE MISSION OF THE AGTA IS TO REPRESENT AND FURTHER THE INTERESTS OF THE COLORED GEMSTONE INDUSTRY IN THE U.S. AND CANADA. IT REPRESENTS INDEPENDENT COLORED GEMSTONE SUPPLIERS, MANUFACTURERS, DESIGNERS, AND RETAILERS FOR THE PURPOSE OF PROMOTING NATURALLY OCCURING COLORED GEMSTONES. 15 15 10 16 172060 -320926 0 0 5056577 4109468 13278 11640 0 0 5069855 4121108 0 0 0 0 884066 989251 0 0 0 4410449 3201301 5294515 4190552 -224660 -69444 3577264 3263091 2616182 2371457 961082 891634 X THE MISSION OF THE AGTA IS TO REPRESENT AND FURTHER THE INTERESTS OF THE COLORED GEMSTONE INDUSTRY IN THE U.S. AND CANADA. IT REPRESENTS INDEPENDENT COLORED GEMSTONE SUPPLIERS, MANUFACTURERS, DESIGNERS, AND RETAILERS FOR THE PURPOSE OF PROMOTING NATURALLY OCCURING COLORED GEMSTONES. 0 0 EACH YEAR THE ASSOCIATION PRODUCES SEVERAL TRADE SHOWS, INCLUDING THE AGTA GEM FAIR IN TUCSON, ARIZONA AND LAS VEGAS CONVENTION CENTER GEM FAIR IN LAS VEGAS, NEVADA. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 10 1 1 1 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 0 1 1 0 X DOUGLAS HUCKER 2147424367 3030 LBJ FREEWAY DALLAS TX 75234 BRUCE BRIDGES 1ST VICE PRESIDENT 1.00 X X 0 0 0 KIM COLLINS SECRETARY 1.00 X X 0 0 0 SHEKHAR SHAH TREASURER 1.00 X X 0 0 0 PRAMOD AGRAWAL DIRECTOR 1.00 X 0 0 0 CHARLES CARMONA DIRECTOR 1.00 X 0 0 0 JEFF MASON DIRECTOR 1.00 X 0 0 0 BILL HEHER 2ND VICE PRESIDENT 1.00 X 0 0 0 GINA LATENDRESSE DIRECTOR 1.00 X 0 0 0 HEMANT PHOPHALIYA DIRECTOR 1.00 X 0 0 0 JAIMEEN SHAH DIRECTOR 1.00 X 0 0 0 ROBERT BENTLEY DIRECTOR 1.00 X 0 0 0 SIMON WATT DIRECTOR 1.00 X 0 0 0 JONATHAN GAD DIRECTOR 1.00 X 0 0 0 RUBEN BINDRA PRESIDENT 1.00 X X 0 0 0 DAVID NASSI DIRECTOR 1.00 X 0 0 0 JEFFREY BILGORE PAST PRESIDENT 1.00 X 0 0 0 DOUGLAS HUCKER CEO 40.00 X 217907 0 0 JOAN L ALLEN CEO 40.00 X 86130 0 0 304037 0 0 1 0 1 0 SHEPARD EXPOSITION SERVICES 1424 HILLS PLACE ATLANTA GA 30318 EXPO FEES 267451 GES GLOBAL EXPERIENCE SPECIALISTS 7150 S TENAYA WAY SUITE 100 LAS VEGAS NV 89113 CONVENTION SETUP 266017 EMERALD EXPOSITIONS 100 BROADWAY 14TH FLOOR NEW YORK NY 10005 CONVENTION SETUP 226284 AGENCY SQUID 414 N 3RD AVE SUITE 100 MINNEAPOLIS MN 55401 DESIGN WORK 202171 UNITED HEALTHCARE PO BOX 1459 MINNEAPOLIS MN 55440 HEALTH CARE COST 135054 5 TRADE SHOWS REVENUE 541800 3427533 3358943 68590 MEMBERSHIP DUES 900999 448440 448440 COMPETITION ENTRY FEES 900999 125201 125201 MEMBER SERVICES AND PR 900999 108294 4824 103470 4109468 11640 11640 4121108 3937408 172060 11640 X 304037 457887 22943 143633 60751 37496 27308 90375 476170 22379 38302 220577 192412 51001 46697 40820 EXHIBIT CONTRACTORS 859625 OTHER EVENTS 306863 SECURITY 185386 BANK CHARGES 98978 506912 4190552 1127051 242029 1987492 2448666 93405 53381 20529 20349 181033 354138 294322 149794 167754 144528 3577264 3263091 83948 33468 2532234 2337989 2616182 2371457 X 961082 891634 961082 891634 3577264 3263091 X -69444 -4 X 0 1 X 1 0 294322 149794 144528 144528 X 4121108 0 4121108 0 4121108 4190552 0 4190552 0 4190552 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501 (C) (6) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION ENGAGES IN CERTAIN ACTIVITIES NOT RELATED TO ITS EXEMPT PURPOSE. SUCH ACTIVITIES ARE SUBJECT TO TAX ON UNRELATED INCOME. FOR THE YEAR ENDED DECEMBER 31, 2019 ANY SUCH TAX IS ESTIMATED TO BE NOMINAL. GAAP REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN IN THE COURSE OF PREPARING THE ASSOCIATION'S TAX RETURNS AND RECOGNITION OF A TAX LIABILITY (OR ASSET) IF THE ASSOCIATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ASSOCIATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2019, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 0 0 0 DOUGLAS HUCKER CEO 217907 0 0 0 0 0 0 0 0 0 217907 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS MUST BE PROPOSED AND VOTED UPON. THERE ARE SIX CLASSES OF MEMBERS: CHARTER, FIRM, AFFILIATE RETAIL, AFFILIATE MEMBER-AT-LARGE, HONORARY, AND STUDENT AFFILIATE. THE BOARD OF DIRECTORS VOTE ON THE QUALIFIED APPLICANTS FOR MEMBERSHIP IN THE CORPORATION. IN ORDER TO BE ELECTED AS A NEW MEMBER OF THE CORPORATION, AN APPLICANT MUST RECEIVE THE POSITIVE VOTE OF AT LEAST A MAJORITY OF A QUORUM OF THE BOARD OF DIRECTORS. UPON AN APPLICANT'S ELECTION AS A NEW MEMBER OF THE CORPORATION, THE BOARD OF DIRECTORS SHALL SPECIFY THE NEW MEMBER'S MEMBERSHIP CLASS. ONLY FIRM MEMBERS POSSESS VOTING RIGHTS. THE PRESIDENT SHALL BE ELECTED BY THE VOTE OF THE FIRM MEMBERS. DIRECTORS SHALL BE ELECTED BY THE FIRM MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A IN ORDER TO BE ELECTED AS A NEW MEMBER OF THE CORPORATION, AN APPLICANT MUST RECEIVE THE POSITIVE VOTE OF AT LEAST A MAJORITY OF A QUORUM OF THE BOARD OF DIRECTORS. UPON AN APPLICANT'S ELECTION AS A NEW MEMBER OF THE CORPORATION, THE BOARD OF DIRECTORS SHALL SPECIFY THE NEW MEMBER'S MEMBERSHIP CLASS. ONLY FIRM MEMBERS POSSESS VOTING RIGHTS. THE PRESIDENT SHALL BE ELECTED BY THE VOTE OF THE FIRM MEMBERS. DIRECTORS SHALL BE ELECTED BY THE FIRM MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B ONLY FIRM MEMBERS POSSESS VOTING RIGHTS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS DISCUSSED WITH THE CEO, TREASURER, AND CFO. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST ISSUES ARE HANDLED AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 15 THE CEO IS REVIEWED ANNUALLY BY TH EXECUTIVE COMMITTEE FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE AT WWW.AGTA.ORG AND ARE AVAILABLE TO REVIEW UPON REQUEST AT THE ORGANIZATION'S OFFICE LOCATED AT 3030 LBJ FREEWAY, SUITE 840, DALLAS, TEXAS 75234 FORM 990, PART IX, LINE 24E NEWSLETTER EXPENSE 91,956. REGISTRATION EXPENSE 88,788. PHOTOGRAPHY 67,792. PRINTING AND PUBLICATIONS 60,576. POSTAGE AND SHIPPING 41,619. SPONSORSHIPS 31,817. TELEPHONE 25,196. AWARDS AND TROPHIES 18,716. EDUCATION 13,496. DUES AND SUBSCRIPTIONS 13,273. EQUIPMENT RENTAL 13,062. RECRUITMENT 11,529. MISCELLANEOUS 10,201. STORAGE RENTAL 6,000. BURMA RUBY FUND EXPENSE 5,000. TAXES 4,191. MEMBER COLLATERAL 1,764. JEWELRY LOSS 1,150. REPAIRS AND MAINTENANCE 643. DIRECTORY EXPENSE 103. COST OF GOODS 40. FORM 990, PART XI, LINE 9: ADJUSTMENT DUE TO ROUNDING -4.