2023-05-17T10:16:42-05:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2022-01-01 363568407 GREATER MINNEAPOLIS CONVENTION AND VISITORS ASSOCIATION GREA 6127678090 801 MARQUETTE AVENUE 100 MINNEAPOLIS MN 55402 SANDY CHRISTENSEN VP FINANCE & ADMINISTRATION 6127678090 2023-05-13 1 SANDY CHRISTENSEN 999009999 0 JOHN TAUER P00294068 6123764500 2023-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MEET MINNEAPOLIS SANDY CHRISTENSEN 801 MARQUETTE AVENUE 100 MINNEAPOLIS MN 55402 12764519 0 X WWW.MINNEAPOLIS.ORG X 1987 MN TO MARKET, SELL, AND MAXIMIZE THE VISITOR EXPERIENCE OF MINNEAPOLIS FOR THE ECONOMIC BENEFIT OF OUR COMMUNITY. 38 38 92 183 202926 0 10840612 11465672 688852 1298405 56 442 0 0 11529520 12764519 0 0 0 0 6123055 7080400 0 0 0 3836622 7191465 9959677 14271865 1569843 -1507346 9011213 10678288 2419418 5593839 6591795 5084449 X 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 11609273 0 1095921 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 2022, 491,578 ROOM NIGHTS WERE BOOKED IN THE CITY, $16.2 MILLION IN REVENUE WAS GENERATED FOR THE CONVENTION CENTER INCLUDING 220 EVENTS BRINGING IN 478,781 ATTENDEES, 2.2 BILLION MEDIA IMPRESSIONS WERE ACHIEVED, AND MEET MINNEAPOLIS APPEARED IN 1,960 MEDIA STORIES. MAJOR SPORTING EVENTS THAT MEET MINNEAPOLIS PROCURED AND/OR EXECUTED IN 2022 INCLUDED THE NCAA WOMEN'S FINAL FOUR HELD AT TARGET CENTER WITH ATTENDANCE AT 36,572 AND THE NATIONAL HOCKEY LEAGUE WINTER CLASSIC AT TARGET FIELD WITH 38,519 ATTENDEES. 11609273 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 78 0 1 92 1 1 1 0 0 0 0 0 0 0 X 38 38 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MN X SANDRA CHRISTENSEN 6127678090 801 MARQUETTE AVE S SUITE 100 MINNEAPOLIS MN 55402 MELVIN TENNANT PRESIDENT AND CEO, BOARD M 40.00 X X 351847 0 24471 DARA RUDICK CHAIR 4.00 X X 0 0 0 LESTER BAGLEY VICE-CHAIR 4.00 X X 0 0 0 JULIE BATLINER IMMEDIATE PAST CHAIR 4.00 X X 0 0 0 ROBERT LILLIGREN SECRETARY/TREASURER 4.00 X X 0 0 0 AL BANGOURA DIRECTOR 1.00 X 0 0 0 LARRY ABDO BOARD MEMBER 1.00 X 0 0 0 SARA BARROW BOARD MEMBER 1.00 X 0 0 0 JARED BREWINGTON BOARD MEMBER 1.00 X 0 0 0 JASON CHAVEZ 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 WES KOOISTRA BOARD MEMBER 1.00 X 0 0 0 EMILY KOSKI BOARD MEMBER 1.00 X 0 0 0 CHRIS LATONDRESSE BOARD MEMBER 1.00 X 0 0 0 CHRISTY LOY 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 4.00 X 0 0 0 TABITHA MONTGOMERY BOARD MEMBER 1.00 X 0 0 0 KIM MOTES BOARD MEMBER 1.00 X 0 0 0 MARK NERENHAUSEN 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 201930 0 32597 BRENT FORESTER SR VP DESTINATION SALES 40.00 X 264207 0 30677 COURTNEY RIES SR VP BRANDING & STRATEGY 40.00 X 225048 0 28795 WILLIAM DEEF SR VP PUBLIC AFFAIRS 40.00 X 167980 0 27286 MADONNA CARR VP DESTINATION SALES 40.00 X 152076 0 16315 KATHRYN SMITH DIRECTOR, MCC SALES AND MA 40.00 X 136318 0 8462 1499406 0 168603 11 0 1 0 TEMPEST INTERACTIVE MEDIA LLC 30 SOUTH 15TH STREET SUITE 1001 PHILADELPHIA PA 19102 WEBSITE DESIGN, DEVELOPMENT, AND HOSTING 107517 1 11438557 27115 27065 11465672 MEMBERSHIP DUES 900099 536527 536527 SPONSORSHIPS 900099 382515 261857 120658 PROGRAM INCOME 900099 188050 174261 13789 CONVENTION REVENUE 900099 122834 122834 COMMISSIONS 900099 68479 0 68479 1298405 442 442 12764519 1095921 202926 0 X 610846 610846 5132513 4421404 711109 300134 255703 44431 633951 514552 119399 402956 323267 79689 8745 8745 33063 33063 1472668 1390791 81877 2277022 2150758 126264 48572 28168 20404 47854 100 47754 619412 496592 122820 625945 548418 77527 412196 320506 91690 57784 57784 TRADE SHOWS 634946 613576 21370 DUES/SUBSCRIPTIONS 336577 237284 99293 BARTER TRANSACTIONS 228707 226707 2000 EMPLOYEE RELATIONS 189552 500 189052 198422 80947 117475 14271865 11609273 2662592 0 1649101 1269463 3660725 2561168 1172796 1608465 2455 470 597437 962673 3903024 2333661 1928699 1569363 0 2706686 9011213 10678288 888779 976819 117669 598821 79135 0 1333835 4018199 2419418 5593839 X 6363129 4864226 228666 220223 6591795 5084449 9011213 10678288 -1507346 0 X 0 1 X 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 536527 45000 54000 99000 99000 0 0 2616598 2333661 282937 1286426 1286426 1569363 RIGHT-OF-USE ASSET - OPERATING 2706686 2706686 RIGHT TO USE LIABILITY 4018199 4018199 X 12815502 32581 18402 50983 12764519 0 12764519 14406404 32581 101958 134539 14271865 0 14271865 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 18,402. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES REPORTED ON OTHER RETURN 101,958. 1 X X X X X 0 0 0 MELVIN TENNANT PRESIDENT AND CEO, BOARD M 275000 0 76847 0 0 0 15904 0 8567 0 376318 0 0 0 BRENT FORESTER SR VP DESTINATION SALES 220036 0 44171 0 0 0 16734 0 13943 0 294884 0 0 0 COURTNEY RIES SR VP BRANDING & STRATEGY 195125 0 29923 0 0 0 9506 0 19289 0 253843 0 0 0 SANDRA CHRISTENSEN VP FINANCE & ADMINISTRATION 184331 0 17599 0 0 0 12997 0 19600 0 234527 0 0 0 WILLIAM DEEF SR VP PUBLIC AFFAIRS 145206 0 22774 0 0 0 10326 0 16960 0 195266 0 0 0 MADONNA CARR VP DESTINATION SALES 131294 0 20782 0 0 0 7536 0 8779 0 168391 0 0 0 X 24 9464 FMV X ACCOMODATIONS 31 17006 FMV X OTHER 1 595 FMV 0 0 0 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, 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 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 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 2022 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. 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 1,390,791. MANAGEMENT AND GENERAL EXPENSES 81,877. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,472,668. 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