2024-05-14T11:24:52-05:00 2023-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 101 SOUTH 5TH STREET STE 2100 LOUISVILLE KY 40202 990 2022-07-01 611365860 GREATER LOUISVILLE SPORTS COMMISSION INC GREA 5025877767 401 W MAIN ST 2200 LOUISVILLE KY 40202 GREGORY A FANTE PRESIDENT AND CEO 5025877767 2024-05-09 1 GREGORY FANTE 999009999 0 ELEANOR A LIVINGSTON CPA MST P00226461 8885871719 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z LOUISVILLE SPORTS COMMISSION GREGORY A FANTE 401 W MAIN ST 2200 LOUISVILLE KY 40202 1643008 0 X WWW.LOUISVILLESPORTS.ORG X 2000 KY THE MISSION OF THE LOUISVILLE SPORTS COMMISSION IS TO PROMOTE ACTIVE LIFESTYLES AND ENHANCE ECONOMIC VITALITY BY ATTRACTING, CREATING, AND HOSTING QUALITY SPORTING EVENTS IN THE LOUISVILLE AREA. 34 34 8 31 22493 0 638360 743476 880050 869895 120 1637 24880 22493 1543410 1637501 0 0 0 0 687846 746070 0 0 217486 674506 815250 1362352 1561320 181058 76181 520256 555597 369109 328269 151147 227328 TO ATTRACT, CREATE AND HOST QUALITY SPORTING EVENTS IN THE LOUISVILLE AREA THAT INCREASE ECONOMIC VITALITY, ENHANCE THE QUALITY OF LIFE, PROMOTE HEALTHY LIFESTYLES AND BRAND LOUISVILLE AS A GREAT PLACE TO LIVE, WORK AND PLAY. 0 0 1121281 869895 PROMOTION AND SUPPORT FOR THE INTEREST OF SPORTS AND SPORTING ACTIVITIES TO ENHANCE THE QUALITY OF LIFE OF THE COMMUNITY. 1121281 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 34 34 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 KY X VICKI BAUMGARDNER 5025877767 401 W MAIN ST 2200 LOUISVILLE KY 40202 LEIGH ANN BARNEY CHAIR 5.00 X X 0 0 0 WILLIAM E SUMMERS V VICE CHAIR 2.00 X X 0 0 0 STEVE HESTER TREASURER 2.00 X X 0 0 0 SHEILA HIESTAND SECRETARY 2.00 X X 0 0 0 PHILIP S POINDEXTER IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 DAVID S BECK EXECUTIVE COMMITTEE 1.00 X 0 0 0 DOUG BENNETT EXECUTIVE COMMITTEE 1.00 X 0 0 0 DEREK BLAND EXECUTIVE COMMITTEE 1.00 X 0 0 0 AMY CALABRESE EXECUTIVE COMMITTEE 1.00 X 0 0 0 ERIC GRANGER EXECUTIVE COMMITTEE 1.00 X 0 0 0 DAVID JAMES EXECUTIVE COMMITTEE 1.00 X 0 0 0 APRIL LAFRAMBOISE EXECUTIVE COMMITTEE 1.00 X 0 0 0 SCOTT SHOENBERGER EXECUTIVE COMMITTEE 1.00 X 0 0 0 TAWANA BAIN DIRECTOR 1.00 X 0 0 0 JOI BOKEY DIRECTOR 1.00 X 0 0 0 CAROL BOND DIRECTOR 1.00 X 0 0 0 APRIL BROOKS DIRECTOR 1.00 X 0 0 0 ALLISON BROWN DIRECTOR 1.00 X 0 0 0 BETH BUSH DIRECTOR 1.00 X 0 0 0 JASON CHAMBERS DIRECTOR 1.00 X 0 0 0 BRIAN CLINARD DIRECTOR 1.00 X 0 0 0 KELLEY DEARING-SMITH DIRECTOR 1.00 X 0 0 0 JERRY EAVES DIRECTOR 1.00 X 0 0 0 GREG GALIETTE DIRECTOR 1.00 X 0 0 0 BRETT HAYES DIRECTOR 1.00 X 0 0 0 DEVONE HOLT DIRECTOR 1.00 X 0 0 0 ALEX KERNS DIRECTOR 1.00 X 0 0 0 ANTHONY LEACHMAN DIRECTOR 1.00 X 0 0 0 MICHAEL MASICK DIRECTOR 1.00 X 0 0 0 MICHAEL MILLER DIRECTOR 1.00 X 0 0 0 JOHN NEACE DIRECTOR 1.00 X 0 0 0 JEAN LEE SCOTT DIRECTOR 1.00 X 0 0 0 JAY WARREN DIRECTOR 1.00 X 0 0 0 SCOTT WIEGANDT DIRECTOR 1.00 X 0 0 0 KARL SCHMITT PRESIDENT AND CEO, TERM ENDED 12/22 40.00 X 147110 0 20268 GREGORY A FANTE PRESIDENT AND CEO, TERM STARTED 01/23 40.00 X 100055 0 0 JULIE HOWELL CHIEF REVENUE OFFICER 40.00 X 100848 0 17522 348013 0 37790 3 0 1 0 0 487926 255550 743476 EVENTS 900099 869895 869895 869895 1637 1637 28000 5507 22493 22493 1637501 869895 22493 1637 262861 182631 45463 34767 361218 155511 67491 138216 8595 4641 1547 2407 64436 60660 3776 48960 26439 8812 13709 20340 8950 7729 3661 32063 16031 6413 9619 26371 19259 3253 3859 1813 907 906 7662 7662 29200 20440 5840 2920 4125 2888 1237 EVENT SUPPORT 677663 677663 MEMBERSHIPS, DUES AND S 8476 4238 4238 CAPITAL CAMPAIGN FEES 4171 4171 EMPLOYEE RELATIONS 1270 635 254 381 2096 1048 1048 1561320 1121281 222553 217486 165904 138940 133257 163282 26150 25150 164223 154819 30722 35480 0 0 0 37926 520256 555597 42104 42511 168845 127529 158160 158229 369109 328269 X 28810 104674 122337 122654 151147 227328 520256 555597 76181 0 X X 0 1 X 1 0 X 587769 571550 630900 638360 743476 3172055 1241191 997903 278187 880050 869895 4267226 1828960 1569453 909087 1518410 1613371 7439281 300 300 0 300 300 7438981 1329 847 119 120 1637 4052 1329 847 119 120 1637 4052 24880 22493 47373 1830289 1570300 909206 1543410 1637501 7490706 0.99310 0.99220 0.00050 0.00030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 EMPLOYEE RETENTION CREDIT RECEIVABLE 37926 37926 ECONOMIC INJURY DISASTER LOAN 158229 158229 X 1924471 281463 5507 286970 1637501 0 1637501 1848290 281463 5507 286970 1561320 0 1561320 PART X, LINE 2: THE GLSC IS EXEMPT FROM FEDERAL INCOME TAXES (FOR ALL FUNCTION INCOME) UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSES 5,507. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSES 5,507. 28000 4162 1345 0 28000 4162 1345 5507 22493 KY 1 0 1 0 1.00000 VICKI BAUMGARDNER 401 W MAIN STREET SUITE 2200 LOUISVILLE KY 40202 0 1 22493 X 0 0 0 0 0 0 0 0 0 KARL SCHMITT PRESIDENT AND CEO, TERM ENDED 12/22 147110 0 0 0 0 0 0 0 20268 0 167378 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE PRIOR TO FILING. THE FORM 990 IS ALSO REVIEWED BY THE EXECUTIVE DIRECTOR, TREASURER, AND ACCOUNTING MANAGER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT AFTER READING THE CONFLICT OF INTEREST POLICY. IF A CONFLICT EXISTS, THE BOARD SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, THE BOARD SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. THERE WERE NO CONFLICTS OF INTEREST NOTED DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15A THE CHAIRMAN RECOMMENDS THE ORGANIZATION'S CEO SALARY TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE EITHER APPROVES OR DENIES THE SALARY. COMPARABLE DATA IS USED AND THE COMPENSATION SETTING PROCESS IS DOCUMENTED. THE CEO RECOMMENDS TOTAL EMPLOYEE SALARY TO THE FINANCE COMMITTEE AND EXECUTIVE COMMITTEE IN THE ANNUAL BUDGET. THE COMMITTEES EITHER APPROVES OR DENIES THE SALARY BUDGET. COMPARABLE DATA IS USED AND THE COMPENSATION SETTING PROCESS IS DOCUMENTED. THERE ARE NO OTHER OFFICERS OR KEY EMPLOYEES LISTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. THERE IS A FINANCE COMMITTEE IN PLACE THAT REVIEWS ALL FINANCIAL DOCUMENTS AND AUDIT INFORMATION. THE CHAIR OF THE FINANCE COMMITTEE IS THE OFFICIAL TREASURER OF THE ORGANIZATION AND THE OTHER MEMBERS ARE HIGHLY ESTEEMED FINANCIAL ADVISORS, INCLUDING SEVERAL CPAS.