2017-11-15T16:12:09-06:00 2016-12-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2016-01-01 363568407 GREATER MINNEAPOLIS CONVENTION AND VISITORS ASSOCIATION GREA 6126614719 250 MARQUETTE AVENUE SOUTH NO 1300 MINNEAPOLIS MN 55401 MELVIN TENNANT PRESIDENT/CEO 6126614719 2017-11-13 1 JOHN TAUER P00294068 6123764500 67.137.57.251 2017-11-13 16:35:34 CS P 1FBCD4AA4D8DA69ACB92FF11632DDFE988DCF009 C43F11DC38FDB773C4BD4FBCA7AA9CEFA61E85E3 2016 2017-02-10 21:41:12Z MEET MINNEAPOLIS MELVIN TENNANT 250 MARQUETTE AVENUE SOUTH NO 1300 MINNEAPOLIS MN 55401 11796288 0 X WWW.MINNEAPOLIS.ORG X 1987 MN TO MARKET, SELL, AND MAXIMIZE THE VISITOR EXPERIENCE OF MINNEAPOLIS. 44 43 81 50 173671 -104840 10193000 9780000 2075962 1975010 13705 11278 5000 30000 12287667 11796288 0 0 0 0 5625520 5745760 0 0 0 4909165 4806421 10534685 10552181 1752982 1244107 4928558 4839311 5745045 4411691 -816487 427620 THE MISSION OF MEET MINNEAPOLIS IS TO MARKET, SELL, AND MAXIMIZE THE VISITOR EXPERIENCE OF MINNEAPOLIS FOR THE ECONOMIC BENEFIT OF OUR COMMUNITY. 0 0 THE INTEGRATED SALES AND MARKETING PLAN INCLUDES DETAILED INITIATIVES, ALL ALIGNED TO PROMOTE THE CONVENTION CENTER SPECIFICALLY AND DESTINATION MINNEAPOLIS OVERALL, TO PROMOTE THE MINNEAPOLIS CONVENTION CENTER AS A VENUE FOR TRADE SHOWS AND CONVENTIONS, AND TO MARKET MINNEAPOLIS AS A CONVENTION SITE AND DESIRABLE TOURIST DESTINATION. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 48 0 81 1 1 1 0 0 0 0 0 X 44 43 1 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MN X SANDRA CHRISTENSEN 6127678090 250 MARQUETTE AVENUE SUITE 1300 MINNEAPOLIS MN 55401 BOB LUX CHAIR 4.00 0.00 X X 0 0 0 MARK ANDREW VICE CHAIR 2.00 0.00 X X 0 0 0 JULIE BATLINER SECRETARY/TREASURER 2.00 0.00 X X 0 0 0 ROB MOOR IMMEDIATE PAST CHAIR 1.00 0.00 X X 0 0 0 MARGARET ANDERSON-KELLIHER BOARD MEMBER 1.00 0.00 X 0 0 0 TIM BAYLOR BOARD MEMBER 1.00 0.00 X 0 0 0 ALONDRA CANO BOARD MEMBER 1.00 0.00 X 0 0 0 ANDREA CHRISTENSON BOARD MEMBER 1.00 0.00 X 0 0 0 RICHARD COPELAND BOARD MEMBER 1.00 0.00 X 0 0 0 BRUCE FLYER BOARD MEMBER 1.00 0.00 X 0 0 0 JACOB FREY BOARD MEMBER 1.00 0.00 X 0 0 0 ELIZABETH GLIDDEN BOARD MEMBER 1.00 0.00 X 0 0 0 LISA GOODMAN BOARD MEMBER 1.00 0.00 X 0 0 0 MARION GREENE BOARD MEMBER 1.00 0.00 X 0 0 0 LEA HARGETT BOARD MEMBER 1.00 0.00 X 0 0 0 JULIE HAYWOOD BOARD MEMBER 1.00 0.00 X 0 0 0 LINDA HIGGINS BOARD MEMBER 1.00 0.00 X 0 0 0 BETSY HODGES BOARD MEMBER 1.00 0.00 X 0 0 0 MATT HOY BOARD MEMBER 1.00 0.00 X 0 0 0 JEANNIE JOAS BOARD MEMBER 1.00 0.00 X 0 0 0 DOUG KILLIAN BOARD MEMBER 1.00 0.00 X 0 0 0 PETER KILLEN BOARD MEMBER 1.00 0.00 X 0 0 0 JOHN KONECK BOARD MEMBER 1.00 0.00 X 0 0 0 BRIAN LAMB BOARD MEMBER 1.00 0.00 X 0 0 0 KATHLEEN LAMB BOARD MEMBER 1.00 0.00 X 0 0 0 STEVE LINDBURG BOARD MEMBER 1.00 0.00 X 0 0 0 BILL MCCARTHY BOARD MEMBER 1.00 0.00 X 0 0 0 JAYNE MILLER BOARD MEMBER 1.00 0.00 X 0 0 0 TIM MURRAY BOARD MEMBER 1.00 0.00 X 0 0 0 JACK NOBLE BOARD MEMBER 1.00 0.00 X 0 0 0 MIKE NOBLE BOARD MEMBER 1.00 0.00 X 0 0 0 DAN O'BRIEN BOARD MEMBER 1.00 0.00 X 0 0 0 ERIC PEHLE BOARD MEMBER 1.00 0.00 X 0 0 0 IRENE QUARSHIE BOARD MEMBER 1.00 0.00 X 0 0 0 JOHN QUINCY BOARD MEMBER 1.00 0.00 X 0 0 0 DUANE RAMSEUR BOARD MEMBER 1.00 0.00 X 0 0 0 KEVIN REICH BOARD MEMBER 1.00 0.00 X 0 0 0 DUANE ROHRBAUGH BOARD MEMBER 1.00 0.00 X 0 0 0 DARA J RUDICK BOARD MEMBER 1.00 0.00 X 0 0 0 MAYA SANTAMARIA BOARD MEMBER 1.00 0.00 X 0 0 0 DAVE SCHAD BOARD MEMBER 1.00 0.00 X 0 0 0 JOHN STILES BOARD MEMBER 1.00 0.00 X 0 0 0 SAED WADI BOARD MEMBER 1.00 0.00 X 0 0 0 KEVIN WARREN BOARD MEMBER 1.00 0.00 X 0 0 0 MELVIN TENNANT CEO & PRESIDENT 40.00 0.00 X X 265172 0 22552 SANDRA CHRISTENSEN VP FINANCE AND ADMINISTRATION 40.00 0.00 X 81819 0 6442 DAVID KNOLL - OUTGOING VP FINANCE AND ADMINISTRATION 40.00 0.00 X 61675 0 5182 BRENT FOERSTER SVP SALES 40.00 0.00 X 218943 0 27164 BILL DEEF SVP PUBLIC AFFAIRS 40.00 0.00 X 117948 0 18530 MICHAEL RAINVILLE PARTNERSHIP MARKETING MANAGER 32.00 0.00 X 136188 0 19657 SCOTT ROMANE EXECUTIVE DIRECTOR-SPORTS MPLS 40.00 0.00 X 134794 0 8067 AMY FREESE - OUTGOING SVP SALES AND SERVICES 40.00 X 113128 0 17916 1129667 0 125510 5 0 1 0 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET STE 300 MINNEAPOLIS MN 55402 AUDIT & PROFESSIONAL SERVICES 109916 1 9780000 9780000 SPONSORSHIPS 900099 899595 819024 80571 MEMBERSHIP DUES 900099 512199 486051 26148 PROGRAM INCOME 900099 481159 414207 66952 COMMISSIONS 900099 53238 53238 MARKETING/PUBLICATIONS 900099 28819 28819 1975010 1387 1387 30000 0 30000 30000 30000 9891 0 9891 9891 9891 11796288 1801339 173671 41278 442843 4398889 215196 319499 369333 17120 29851 250352 665237 224442 60115 786521 373283 366275 154341 270826 56460 SPECIAL PROJECTS 1244918 HOUSING EXPENSES 69194 DUES/SUBSCRIPTIONS 66935 SALES CALLS 62974 107577 10552181 251647 95957 1699644 2461034 1283602 806349 156124 122609 2600387 1247885 1537541 1352502 860 4928558 4839311 1087624 971618 455801 418097 -162 335595 270487 3730084 2650057 136103 101432 5745045 4411691 X -816487 327006 0 100614 -816487 427620 4928558 4839311 1244107 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 0 0 0 1289040 1009878 279162 1111347 238007 873340 200000 200000 1352502 DEFERRED RENTAL OBLIGATION 101432 101432 X 12028275 231987 231987 11796288 0 11796288 10784168 231987 231987 10552181 0 10552181 PART X, LINE 2: THE ASSOCIATION IS DESIGNATED AS A NON-PROFIT ASSOCIATION AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND MINNESOTA STATUTE. THE ASSOCIATION IS SUBJECT TO TAX ON ITS UNRELATED BUSINESS INCOME WHICH INCLUDES ADVERTISING AND OTHER SERVICES. THE ASSOCIATION FOLLOWS GUIDANCE REGARDING THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. X X X X 1 1 X X X X 1 0 0 MELVIN TENNANT CEO & PRESIDENT 218282 0 41850 0 5040 0 15561 0 6991 0 287724 0 0 0 BRENT FOERSTER SVP SALES 184398 0 34185 0 360 0 13628 0 13536 0 246107 0 0 0 MICHAEL RAINVILLE PARTNERSHIP MARKETING MANAGER 85283 0 50448 0 457 0 8717 0 10940 0 155845 0 0 0 PART I, LINE 1A TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: THE ASSOCIATION PROVIDED A CAR ALLOWANCE OF $4,008 FOR M. TENNANT; INCLUDED IN TAXABLE COMPENSATION. DISCRETIONARY SPENDING ACCOUNT/TRAVEL FOR COMPANIONS: THE ASSOCIATION PROVIDES A $2,000 PER YEAR ALLOWANCE FOR COMPANION TRAVEL FOR M. TENNANT; THE ALLOWANCE WAS NOT USED DURING THE YEAR COVERED BY THIS RETURN. HEALTH OR SOCIAL CLUB DUES: ALL EMPLOYEES ARE ELIGIBLE FOR $20 PER MONTH REIMBURSEMENT FOR HEALTH CLUB DUES UPON PRESENTATION OF RECEIPT FROM THE HEALTH CLUB - THESE REIMBURSEMENTS ARE EXCLUDED FROM TAXABLE COMPENSATION. PART I, LINE 4A DAVID KNOLL - SEVERANCE PAYMENT - $34,778 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE MAY ACT IN PLACE AND STEAD OF THE BOARD OF DIRECTORS BETWEEN BOARD MEETINGS ON ALL MATTERS. ACTIONS OF THE EXECUTIVE COMMITTEE ARE REPORTED TO THE BOARD FOR RATIFICATION. THE EXECUTIVE COMMITTEE IS COMPRISED OF THE CHAIR OF THE BOARD AS CHAIR OF THE COMMITTEE, THE VICE CHAIR, THE PRESIDENT, THE SECRETARY, THE TREASURER, THE IMMEDIATE PAST CHAIR OF THE BOARD, AT LEAST THREE DIRECTORS REPRESENTING THE CITY OF MINNEAPOLIS, AS WELL AS OTHER PERSONS APPOINTED BY THE CHAIR AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 2 BRIAN LAMB AND KATHLEEN LAMB - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 6 ANY REPUTABLE PERSON, FIRM, GOVERNMENTAL BODY, ASSOCIATION, BUSINESS, ORGANIZATION, PARTNERSHIP OR ESTATE WHO, IN THE JUDGMENT OF THE BOARD OF DIRECTORS, FURTHERS THE PURPOSES OR OBJECTIVES OF THE ASSOCIATION, MAY SUBSCRIBE TO MEMBERSHIP IN THE ASSOCIATION. DIRECTORS OF THE ASSOCIATION APPOINTED BY THE CITY OF MINNEAPOLIS SHALL BE MEMBERS SOLELY BY REASON OF THEIR APPOINTMENT AND AS SUCH SHALL HAVE THE SAME VOTING PRIVILEGES CONFERRED ON OTHER MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE ASSOCIATION'S BOARD OF DIRECTORS ARE ELECTED TO THEIR POSITION BY MAJORITY VOTE OF THE MEMBERS PARTICIPATING IN THE ELECTION. THIS VOTE MAY BE CONDUCTED ELECTRONICALLY OR BY MAIL AFTER THE BOARD, AT ITS ANNUAL MEETING, HAS RATIFIED THE NOMINATING COMMITTEE RECOMMENDATION. EFFECTIVE DATE OF THAT ELECTION WILL BE THE FIRST DAY OF BUSINESS IN THE SUCCEEDING YEAR. AT NO TIME SHALL FEWER THAN SEVEN MEMBERS OF THE BOARD OF DIRECTORS, ONE OF WHOM SHALL BE THE MAYOR OF MINNEAPOLIS, CONSIST OF CITY OF MINNEAPOLIS APPOINTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS INITIALLY REVIEWED BY THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION IN DETAIL. THE OFFICERS OF THE ORGANIZATION REVIEW THE FORM 990 WITH THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION FOR QUESTIONS AND COMMENTS. THE OFFICERS' REVIEW AND APPROVAL OF THE FORM 990 WILL AUTHORIZE THE PRESIDENT/CEO TO SIGN FOR FILING. THE FORM 990 WILL BE MADE AVAILABLE TO THE ENTIRE BOARD OF DIRECTORS AFTER THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF DIRECTORS IS REQUIRED TO ANNUALLY COMPLETE A NEW ACKNOWLEDGEMENT COPY OF THE CONFLICT IF OF INTEREST POLICY. THE POLICY STATES THAT EACH BOARD MEMBER IS RESPONSIBLE TO REPORT ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST TO THE CHAIR, OR TO ANY OFFICER AS SOON AS THEY BECOME AWARE OF THE CONFLICT. ANY ACTUAL OR SUSPECTED CONFLICTS OF INTEREST DETECTED BY STAFF ARE TO BE REPORTED TO SENIOR MANAGEMENT, OR DIRECTLY TO AN OFFICER OF THE BOARD. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. A PERSON WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT WILL BE VOTED ON AT A MEETING SHALL NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE. THE PERSON HAVING A CONFLICT OF INTEREST MAY NOT VOTE ON THE CONTRACT OR TRANSACTION AND SHALL NOT BE PRESENT IN THE MEETING ROOM WHEN THE VOTE IS TAKEN, UNLESS THE VOTE IS A SECRET BALLOT. SUCH PERSON'S INELIGIBILITY TO VOTE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE PRESIDENT & CEO IS REVIEWED AND DETERMINED BY A COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE CONSIDERS FACTORS SUCH AS INTERNAL EQUIVALENT POSITIONS, COMPETITIVE MARKETPLACE, AND INDUSTRY NORMS TO ESTABLISH COMPENSATION. THE MOST CURRENT COMPENSATION SURVEY RESULTS FROM THE DESTINATION MARKETING ASSOCIATION INTERNATIONAL ARE USED AS A GUIDE TO VALIDATE CEO COMPENSATION. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2015 FOR THE PRESIDENT/CEO, M. TENNANT. THE COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS REVIEWED AND DETERMINED BY THE MANAGEMENT TEAM. UNLESS THERE IS A PROMOTION OR SOME OTHER UNUSUAL AGREEMENT IN PLACE, STAFF IS LIMITED TO AN AVERAGE 3% MERIT PAY INCREASE THROUGH THE ANNUAL PERFORMANCE REVIEW PROCESS. IN THE RECRUITMENT AND STAFFING OF ANY KEY EMPLOYEES, THE MANAGEMENT TEAM UTILIZES THE RESOURCES AVAILABLE TO THE HUMAN RESOURCES AREA TO DETERMINE THE USUAL AND CUSTOMARY COMPENSATION FOR SIMILAR POSITIONS WITHIN OUR INDUSTRY AND WITHIN OUR COMPETITIVE MARKETS. SALARY SURVEYS FROM PROFESSIONAL ORGANIZATIONS, JOB BULLETIN BOARDS, AND INDUSTRY ASSOCIATIONS ARE ALL UTILIZED TO DETERMINE TYPICAL, COMPETITIVE SALARY AND COMPENSATION COMPONENTS. THE STRATEGY IS TO BE ABLE TO SUCCESSFULLY ATTRACT AND RETAIN THE TALENT NEEDED TO ACCOMPLISH ORGANIZATIONAL GOALS, WITHOUT EVER BEING AT THE TOP OF THE PAY SCALE. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2016 FOR THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION S. CHRISTENSEN AND THE VICE PRESIDENT OR BRANDING & STRATEGY, COURTNEY RIES. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. MINNEAPOLIS CONVENTION FUND 250 MARQUETTE AVENUE SOUTH SUITE 13 MINNEAPOLIS MN 55401 411653202 HOSTING CONVENTIONS IN MINNEAPOLIS MN 501(C)(3) LINE 7 GREATER MINNEAPOLIS CONVENTION AND VISITORS BUREAU 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0