2024-07-23T07:24:55-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2023-01-01 363568407 GREATER MINNEAPOLIS CONVENTION AND VISITORS ASSOCIATION GREA 6127678090 801 MARQUETTE AVENUE 100 MINNEAPOLIS MN 55402 SANDY CHRISTENSEN SENIOR VP FINANCE & ADMINISTRATION 6127678090 2024-07-22 1 SANDY CHRISTENSEN 999009999 1 KIMBERLY ANDERSON P00188889 6086628600 2024-07-22 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z MEET MINNEAPOLIS SANDY CHRISTENSEN 801 MARQUETTE AVENUE 100 MINNEAPOLIS MN 55402 13673742 0 X WWW.MINNEAPOLIS.ORG X 1987 MN AT MEET MINNEAPOLIS, OUR MISSION IS TO POSITIVELY IMPACT THE ECONOMIC AND SOCIAL PROSPERITY OF OUR MINNEAPOLIS COMMUNITY. BY ATTRACTING VISITORS, MEETINGS AND EVENTS, OUR WORK DIRECTLY SUPPORTS LOCAL WORKERS AND BUSINESSES, AND GENERATES CRITICAL REVENUES. 37 36 95 1342 248328 0 11465672 12253981 1298405 1331690 442 88071 0 0 12764519 13673742 0 0 0 0 7080400 7475974 0 0 0 7191465 8807479 14271865 16283453 -1507346 -2609711 10678288 7805859 5593839 5199329 5084449 2606530 X AT MEET MINNEAPOLIS, OUR MISSION IS TO POSITIVELY IMPACT THE ECONOMIC AND SOCIAL PROSPERITY OF OUR MINNEAPOLIS COMMUNITY. BY ATTRACTING VISITORS, MEETINGS AND EVENTS, OUR WORK DIRECTLY SUPPORTS LOCAL WORKERS AND BUSINESSES, AND GENERATES CRITICAL REVENUES. 0 0 13438912 0 1083362 THE INTEGRATED SALES AND MARKETING PLAN INCLUDES DETAILED INITIATIVES, ALL DESIGNED TO PROMOTE THE MINNEAPOLIS CONVENTION CENTER AND THE CITY OF MINNEAPOLIS OVERALL. THE MINNEAPOLIS CONVENTION CENTER IS PROMOTED AS A VENUE FOR TRADE SHOWS AND CONVENTIONS AND THE CITY OF MINNEAPOLIS IS MARKETED AS BOTH A CONVENTION SITE AS WELL AS A DESIRABLE TOURIST DESTINATION. IN 2023, 579,503 ROOM NIGHTS WERE BOOKED IN THE CITY, $18.5 MILLION IN REVENUE WAS GENERATED FOR THE CONVENTION CENTER INCLUDING 181 EVENTS BRINGING IN 653,361 ATTENDEES, 2.74 BILLION MEDIA IMPRESSIONS WERE ACHIEVED, MEET MINNEAPOLIS'S WORK INFLUENCED 1,200 MEDIA STORIES, AND 49.4 MILLION SOCIAL MEDIA IMPRESSIONS WERE GENERATED. SPORTING EVENTS MEET MINNEAPOLIS PROCURED AND/OR EXECUTED IN 2023 INCLUDED THE USA VOLLEYBALL GIRLS JUNIOR NATIONAL CHAMPIONSHIP, HELD AT THE MINNEAPOLIS CONVENTION CENTER, WITH ATTENDANCE AT 48,000. CONNECT MARKETPLACE WAS ALSO HELD AT THE MINNEAPOLIS CONVENTION CENTER, IN AUGUST 2023, WHICH INCLUDED 2,500 ATTENDEES, OF WHICH 900 WERE MEETING AND EVENT PLANNERS. THE EVENT SECURED 40 REQUEST FOR PROPOSALS FOR FUTURE EVENTS. 13438912 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 74 0 1 95 1 1 1 0 0 0 0 0 0 0 X 37 36 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MN X SANDY CHRISTENSEN 6127678090 801 MARQUETTE AVE SUITE 100 MINNEAPOLIS MN 55402 MELVIN TENNANT PRESIDENT 40.00 X X 362574 0 25786 LESTER BAGLEY CHAIR 4.00 X X 0 0 0 ROBERT LILLIGREN VICE-CHAIR 4.00 X X 0 0 0 CHRISTY LOY SECRETARY/TREASURER 4.00 X X 0 0 0 DARA RUDICK IMMEDIATE PAST CHAIR 4.00 X X 0 0 0 LARRY ABDO BOARD MEMBER 1.00 X 0 0 0 ANN AHMED BOARD MEMBER 1.00 X 0 0 0 AL BANGOURA BOARD MEMBER 1.00 X 0 0 0 JARED BREWINGTON BOARD MEMBER 1.00 X 0 0 0 SHELLEY BUCK BOARD MEMBER 1.00 X 0 0 0 JASON CHAVEZ BOARD MEMBER 1.00 X 0 0 0 MICHAEL CLARK BOARD MEMBER 1.00 X 0 0 0 STEVE CRAMER BOARD MEMBER 1.00 X 0 0 0 KIP ELLIOTT BOARD MEMBER 1.00 X 0 0 0 IRENE FERNANDO BOARD MEMBER 1.00 X 0 0 0 JACOB FREY BOARD MEMBER 1.00 X 0 0 0 CHELSIE GLAUBITZ GABIOU BOARD MEMBER 1.00 X 0 0 0 LISA GOODMAN BOARD MEMBER 1.00 X 0 0 0 ANDREA JENKINS BOARD MEMBER 1.00 X 0 0 0 JEFF JOHNSON BOARD MEMBER 1.00 X 0 0 0 HEATHER JOHNSTON BOARD MEMBER 1.00 X 0 0 0 LESLEY KANDARAS BOARD MEMBER 1.00 X 0 0 0 EMILY KOSKI BOARD MEMBER 1.00 X 0 0 0 KATHERINE C LUBER BOARD MEMBER 1.00 X 0 0 0 WADE LUNEBURG BOARD MEMBER 1.00 X 0 0 0 JULIE MANNING BOARD MEMBER 1.00 X 0 0 0 ANDREA MOKROS BOARD MEMBER 1.00 X 0 0 0 TABITHA MONTGOMERY BOARD MEMBER 1.00 X 0 0 0 YOOM NGUYEN BOARD MEMBER 1.00 X 0 0 0 MICHAEL RAINVILLE BOARD MEMBER 1.00 X 0 0 0 JENNIFER RIDGEWAY BOARD MEMBER 1.00 X 0 0 0 BRIAN RYKS BOARD MEMBER 1.00 X 0 0 0 DEEPAK SUBBAIAH BOARD MEMBER 1.00 X 0 0 0 MIKE VEKICH BOARD MEMBER 1.00 X 0 0 0 LATRISHA VETAW BOARD MEMBER 1.00 X 0 0 0 MYCHAL VLATKOVICH BOARD MEMBER 1.00 X 0 0 0 JONATHAN WEINHAGEN BOARD MEMBER 1.00 X 0 0 0 SANDRA CHRISTENSEN VP FINANCE & ADMINISTRATION 40.00 X 214904 0 36825 BRENT FORESTER SR VP DESTINATION SALES 40.00 X 268224 0 31823 COURTNEY RIES SR VP BRANDING & STRATEGY 40.00 X 228813 0 9453 WILLIAM DEEF SR VP PUBLIC AFFAIRS 40.00 X 170782 0 30826 MADONNA CARR VP DESTINATION SALES 40.00 X 157016 0 16934 STEPHANIE ABRAHAM DIRECTOR OF CONVENTION SALES 40.00 X 147156 0 9326 1549469 0 160973 10 0 1 0 0 12055753 198228 198228 12253981 MEMBERSHIP DUES 900099 550105 550105 SPONSORSHIPS 900099 462768 335614 127154 CONVENTION REVENUE 900099 177733 177733 COMMISSIONS 900099 98495 98495 PROGRAM INCOME 900099 42589 19910 22679 1331690 80547 80547 7524 0 7524 7524 7524 13673742 1083362 248328 88071 X 640089 640089 5497366 4824518 672848 324359 304293 20066 581626 528870 52756 432534 353220 79314 3692 3692 37728 37728 1677211 1391532 285679 3231400 3001033 230367 44283 25656 18627 52768 3381 49387 581719 476174 105545 773173 685972 87201 362121 287589 74532 72299 72299 BARTER TRANSACTIONS 584947 584227 720 TRADE SHOWS 534279 519313 14966 DUES/SUBSCRIPTIONS 430025 326603 103422 EMPLOYEE RELATIONS 184333 607 183726 237501 125924 111577 16283453 13438912 2844541 0 1269463 217906 2561168 1725003 1608465 597582 470 6251 962673 1493216 3720241 2496557 1569363 1223684 2706686 2542217 10678288 7805859 976819 1389788 598821 71874 4018199 3737667 5593839 5199329 X 4864226 2338617 220223 267913 5084449 2606530 10678288 7805859 -2609711 131792 0 X 0 1 X 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 550105 35000 99000 134000 165032 -31032 0 0 2616598 2496557 120041 1103643 1103643 1223684 RIGHT-OF-USE ASSET - OPERATING 2542217 2542217 RIGHT TO USE LIABILITY 3737667 3737667 X 13805674 131792 140 131932 13673742 0 13673742 16283478 25 25 16283453 0 16283453 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUES REPORTED ON OTHER RETURN 140. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES REPORTED ON OTHER RETURN 25. 1 X X X X X 0 0 0 MELVIN TENNANT PRESIDENT 284180 0 78394 0 0 0 15860 0 9926 0 388360 0 0 0 BRENT FORESTER SR VP DESTINATION SALES 222016 0 46208 0 0 0 16975 0 14848 0 300047 0 0 0 SANDRA CHRISTENSEN VP FINANCE & ADMINISTRATION 191150 0 23754 0 0 0 13538 0 23287 0 251729 0 0 0 COURTNEY RIES SR VP BRANDING & STRATEGY 202471 0 26342 0 0 0 9213 0 240 0 238266 0 0 0 WILLIAM DEEF SR VP PUBLIC AFFAIRS 151179 0 19603 0 0 0 11128 0 19698 0 201608 0 0 0 MADONNA CARR VP DESTINATION SALES 139291 0 17725 0 0 0 8079 0 8855 0 173950 0 0 0 STEPHANIE ABRAHAM DIRECTOR OF CONVENTION SALES 106433 0 40723 0 0 0 8766 0 560 0 156482 0 0 0 X 60 197898 FMV X OTHER 1 330 FMV 0 0 0 0 PART I, COLUMN (B): NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 1A 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, TEH VICE CHAIR, THE PRESIDENT, THE SECRETARY, THE TREASURER, THE IMMEDIATE PAST CHAIR OF THE BOARD, ATE LEAST THREE DIRECTORS REPRESENTING THE CITY OF MINNEAPOLIS, AS WELL AS OTHER PERSONS APPROINTED BY THE CHAIR AND APPROVED BY THE BOARD OF DIRECTORS. 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 THE BY-LAWS PROVIDE FOR THE EXECUTIVE COMMITTEE TO ACT ON BEHALF OF THE BOARD IN CERTAIN MATTERS. THE MEMBERS OF THE EXECUTIVE COMMITTEE ARE EXISTING MEMBERS OF THE BOARD FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S AUDIT AND FINANCE COMMITTEE REVIEWS THE FORM IN ADVANCE OF ITS RECEIPT AND APPROVAL BY THE BOARD OF DIRECTORS. 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 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. FORM 990, PART VI, SECTION B, LINE 15 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 2023 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. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. 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. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,391,532. MANAGEMENT AND GENERAL EXPENSES 285,679. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,677,211. EXPERIENCE MINNEAPOLIS 801 MARQUETTE AVENUE SUITE 100 MINNEAPOLIS MN 55402 411653202 HOSTING CONVENTIONS IN MINNEAPOLIS MN 501(C)(3) LINE 7 GREATER MINNEAPOLIS CONVENTION AND VISITORS BUREAU 1 MINNEAPOLIS LOC LLC 801 MARQUETTE AVENUE SUITE 100 MINNEAPOLIS MN 55402 HOSTING CONVENTIONS IN MINNEAPOLIS MN 501(C)(3) LINE 7 EXPERIENCE MINNEAPOLIS 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0