2012-11-15T09:53:01-06:00 2012-06-30 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1200 MARKET STREET CHATTANOOGA TN 37402 990 2011-07-01 621125122 CARTER STREET CORPORATION CART 4237560001 1 CARTER PLAZA PO BOX 6008 CHATTANOOGA TN 37401 MIKE SHUFORD 4237560001 2012-11-13 1 KIM HUSKEY CPA P00958962 4237567771 2012-11-13 2011 2016-02-24 21:20:13Z MIKE SHUFORD 1 CARTER PLAZA PO BOX 6008 CHATTANOOGA TN 37401 6391177 0 X WWW.CHATTCONVENTION.ORG X 1981 TN ENCOURAGE ECONOMIC DEVELOPMENT 7 7 161 0 0 0 359580 511927 6148113 5879250 0 0 0 0 6507693 6391177 0 0 0 0 2875365 2869030 0 0 0 3637662 3646254 6513027 6515284 -5334 -124107 11846456 11854295 329458 461404 11516998 11392891 ENCOURAGE ECONOMIC DEVELOPMENT 0 0 3988214 5140444 THE ORGANIZATION OWNS AND MANAGES A TRADE CENTER FOR THE PURPOSE OF ENCOURAGING THE ECONOMIC DEVELOPMENT OF CHATTANOOGA AND HAMILTON COUNTY. 141717 738806 THE ORGANIZATION OWNS AND MANAGES A PARKING GARAGE FOR THE PURPOSE OF ENCOURAGING ECONOMIC DEVELOPMENT OF CHATTANOOGA AND HAMILTON COUNTY. 4129931 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 24 0 161 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 TN X X CAROLYN HARDEMAN 4237560001 1 CARTER PLAZA PO BOX 6008 CHATTANOOGA TN 37401 DON MERCER 2.00 X 0 0 0 BILL RAINES 2.00 X 0 0 0 JIM HUDSON III 2.00 X 0 0 0 CURTIS JOHNSON 2.00 X 0 0 0 HICKS ARMOR 2.00 X 0 0 0 REV PAUL MCDANIEL 2.00 X 0 0 0 JESSICA DUMITRU 2.00 X 0 0 0 MIKE SHUFORD 40.00 X 92656 0 14865 92656 0 14865 1 0 0 0 ELECTRIC POWER BOARD 10 WEST ML KING BLVD CHATTANOOGA TN 37402 698811 US FOOD SERVICE 9399 WEST HIGGINS RD STE 500 ROSEMONT IL 60018 396622 WALDEN SECURITY 100 E 10TH ST 400 CHATTANOOGA TN 37402 303891 PRESENTATION SERVICES 827 BROAD STREET CHATTANOOGA TN 37402 262489 SYSCO FOODS 1390 ENCLAVE PARKWAY HOUSTON TX 77077 188832 5 511927 511927 BANQUET 722320 2854422 2854422 EVENTS 722210 1602392 1602392 GARAGE 812930 738806 738806 RENT 531190 401266 401266 BAR AND CONCESSION 722410 282364 282364 5879250 6391177 5879250 0 0 107521 107521 2161046 1002393 1158653 128104 128104 311732 48684 263048 160627 69164 91463 880 880 11900 11900 29322 29322 14747 14747 893849 804464 89385 7299 7299 604298 568040 36258 101215 10122 91093 FOOD COSTS 848535 847892 643 MISC COST- EVENT 433211 433211 CONTRACTUAL SERVICES 310030 310030 EQUIPMENT MAINTENANCE 294927 265434 29493 96041 80527 15514 6515284 4129931 2385353 0 1158316 1623550 85884 124478 52061 51228 29051 41803 25566408 15553172 10521144 10013236 11846456 11854295 329458 461404 329458 461404 X 995854 1373905 10521144 10018986 0 0 11516998 11392891 11846456 11854295 -124107 0 X X 0 1 1 X 0 X 255750 314250 299250 359580 511927 1740757 6176059 6068561 5527582 6148113 5879250 29799565 6431809 6382811 5826832 6507693 6391177 31540322 0 0 0 31540322 5222 5222 5222 5222 6437031 6382811 5826832 6507693 6391177 31545544 0.99980 0.99980 0.00020 0.00020 X 2709075 2709075 19737153 12638119 7099034 3120180 2915053 205127 10013236 6391177 6515284 -124107 -124107 6391177 0 6391177 0 6391177 6515284 0 6515284 0 6515284 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE CORPORATION ADOPTED THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10-25 (FORMERLY FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES) ON JULY 1, 2009. UNDER ASC 740-10-25, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE IMPLEMENTATION OF ASC 740-10-25 HAD NO IMPACT ON THE FINANCIAL STATEMENTS. THE ORGANIZATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. NO INTEREST OR PENALTIES WERE ACCRUED AS OF JULY 1, 2009, AS A RESULT OF THE ADOPTION OF ASC 740-10-25. FOR THE YEAR ENDED JUNE 30, 2012, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THIS FINANCIAL STATEMENT. X 0 0 X 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE 990 WILL BE PRESENTED TO THE FULL BOARD OF DIRECTORS, WHICH WILL THEN REVIEW AND APPROVE IT. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY OUTLINING ALL OF THEIR AFFILIATIONS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS PERFORMS AN ANNUAL PERFORMANCE REVIEW OF THE EXECUTIVE DIRECTOR AND ADJUSTS COMPENSATION ANNUALLY. SALARY AND BENEFIT PACKAGES ARE AWARDED BASED ON MERIT AND ARE IN LINE WITH SALARIES OF EXECUTIVES IN COMPARABLE POSITIONS. THE EXECTIVE DIRECTOR SETS ALL EMPLOYEE COMPENSATIONS THAT ARE SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS PUBLISHED ON THE CITY OF CHATTANOOGA AND HAMILTON COUNTY'S WEBSITES. IT IS ALSO AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE ORGANIZATION'S FULL BOARD OF DIRECTORS ASSUMES RESPOSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE FULL BOARD OF DIRECTORS IS ALSO RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT ACCOUNTANT. CITY OF CHATTANOOGA 101 E 11TH STREET CHATTANOOGA TN 37402 CITY GOVERNMENT TN 0 CHATTANOOGA VISITORS' BUREAU 215 BROAD STREET CHATTANOOGA TN 37402 CITY VISITORS' BUREAU TN 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CITY OF CHATTANOOGA C 200000 CASH CHATTANOOGA VISITORS' BUREAU C 311927 CASH