2021-11-08T13:46:09-06:00 2020-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2020-01-01 363568407 GREATER MINNEAPOLIS CONVENTION AND VISITORS ASSOCIATION GREA 6127678090 801 MARQUETTE AVENUE NO 100 MINNEAPOLIS MN 55402 SANDY CHRISTENSEN VP FINANCE & ADMINISTRATION 6127678090 2021-11-04 1 SANDY CHRISTENSEN 999009999 JOHN TAUER P00294068 6123764500 2021-11-04 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MEET MINNEAPOLIS SANDY CHRISTENSEN 801 MARQUETTE AVENUE NO 100 MINNEAPOLIS MN 55402 11038914 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. 28 28 72 10 215105 0 10241889 9936726 2727830 1101479 -10360 709 1500 0 12960859 11038914 0 0 0 0 6699099 6344712 0 0 0 5756546 2994457 12455645 9339169 505214 1699745 7159240 7706242 3837033 2684290 3322207 5021952 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 7257372 886374 THE INTEGRATED SALES AND MARKETING PLAN INCLUDES DETAILED INITIATIVES, ALL ALIGNED TO PROMOTE THE CONVENTION CENTER SPECIFICALLY AND DESTINATION MINNEAPOLIS OVERALL AND 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. DUE TO THE IMPACT OF THE COVID-19 PANDEMIC, THE HOSPITALITY INDUSTRY, INCLUDING MEET MINNEAPOLIS, EXPERIENCED A SIGNIFICANT DECLINE THE NUMBER OF EVENTS AT THE CONVENTION CENTER. MANY OF THE CANCELLED EVENTS HAVE BEEN RE-BOOKED FOR FUTURE YEARS. INDUSTRY RECOVERY IS ESTIMATED TO LAST SEVERAL YEARS. DESPITE THESE CHALLENGES, MEET MINNEAPOLIS WAS ABLE TO END THE 2020 FISCAL YEAR WITH AN INCREASE IN NET ASSETS WHICH WILL BE DEPLOYED TO ASSIST IN THE RECOVERY. 7257372 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 1 1 1 1 0 1 58 0 72 1 1 1 0 0 0 0 0 0 0 X 28 28 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 324755 0 21304 MARK ANDREW CHAIR 4.00 X X 0 0 0 JULIE BATLINER VICE-CHAIR 4.00 X X 0 0 0 RICHARD COPELAND SECRETARY/TREASURER 4.00 X X 0 0 0 BOB LUX IMMEDIATE PAST CHAIR 4.00 X X 0 0 0 MARK ANDREW BOARD MEMBER 1.00 X 0 0 0 LESTER BAGLEY BOARD MEMBER 1.00 X 0 0 0 AL BANGOURA BOARD MEMBER 1.00 X 0 0 0 JULIE BATLINER BOARD MEMBER 1.00 X 0 0 0 TIM BAYLOR BOARD MEMBER 1.00 X 0 0 0 LISA BENDER BOARD MEMBER 1.00 X 0 0 0 RICK BERTRAM BOARD MEMBER 1.00 X 0 0 0 JAN CALLISON BOARD MEMBER 1.00 X 0 0 0 ALONDRA CANO BOARD MEMBER 1.00 X 0 0 0 ANDREA CHRISTENSON BOARD MEMBER 1.00 X 0 0 0 ANGELA CONLEY BOARD MEMBER 1.00 X 0 0 0 RICHARD COPELAND BOARD MEMBER 1.00 X 0 0 0 STEVE CRAMER BOARD MEMBER 1.00 X 0 0 0 AMOL DIXIT BOARD MEMBER 1.00 X 0 0 0 STEVE FLETCHER BOARD MEMBER 1.00 X 0 0 0 MAYOR 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 JULIE JJ HAYWOOD BOARD MEMBER 1.00 X 0 0 0 JEFF JOHNSON BOARD MEMBER 1.00 X 0 0 0 WES KOOISTRA BOARD MEMBER 1.00 X 0 0 0 KATHLEEN LAMB BOARD MEMBER 1.00 X 0 0 0 ROBERT LILLIGREN BOARD MEMBER 1.00 X 0 0 0 SHAYE MANDLE BOARD MEMBER 1.00 X 0 0 0 ANDREA MOKROS BOARD MEMBER 1.00 X 0 0 0 TIM MURRAY BOARD MEMBER 1.00 X 0 0 0 MARK NERENHAUSEN BOARD MEMBER 1.00 X 0 0 0 MIKE NOBLE BOARD MEMBER 1.00 X 0 0 0 KEVIN REICH BOARD MEMBER 1.00 X 0 0 0 JENNIFER RIDGEWAY BOARD MEMBER 1.00 X 0 0 0 DARA RUDICK BOARD MEMBER 1.00 X 0 0 0 BRIAN RYKS BOARD MEMBER 1.00 X 0 0 0 MIKE VEKICH BOARD MEMBER 1.00 X 0 0 0 JONATHAN WEINHAGEN BOARD MEMBER 1.00 X 0 0 0 SANDRA CHRISTENSEN VP FINANCE & ADMINISTRATIO 40.00 X 179363 0 29399 BRENT FORESTER SR VP DESTINATION SALES 40.00 X 244934 0 26491 COURTNEY RIES SR VP BRANDING & STRATEGY 40.00 X 208091 0 30840 WILLIAM DEEF SR VP PUBLIC AFFAIRS 40.00 X 155699 0 25587 MADONNA CARR VP DESTINATION SALES 40.00 X 139197 0 14301 KATHRYN SMITH DIRECTOR, MCC SALES AND MA 40.00 X 126305 0 7824 1378344 0 155746 15 0 1 0 0 9936726 9936726 MEMBERSHIP DUES 900099 573957 573957 SPONSORSHIPS 900099 495447 293484 201963 PROGRAM INCOME 900099 17935 17886 49 MARKETING/PUBLICATIONS 900099 13093 13093 COMMISSIONS 900099 1047 1047 1101479 709 0 709 709 709 11038914 886374 215105 709 554824 554824 4562860 3524833 1038027 257944 257944 614477 428356 186121 354607 292994 61613 9758 9758 28875 28875 588858 460960 127898 480433 406595 73838 26679 13184 13495 40382 950 39432 467791 355481 112310 125163 110772 14391 20530 20530 419464 333532 85932 51064 51064 OTHER 173328 76605 96723 BARTER TRANSACTIONS 163218 163218 DUES/SUBSCRIPTIONS 158491 103873 54618 TRADE SHOWS 69935 65407 4528 170488 107844 62644 9339169 7257372 2081797 0 279623 475147 3158669 4660324 814056 72720 231176 236740 3839815 1578504 2674856 2261311 860 0 7159240 7706242 1313341 802142 307431 296855 188311 111228 420000 0 1607950 1474065 3837033 2684290 X 3322207 4952375 0 69577 3322207 5021952 7159240 7706242 1699745 0 X 0 1 X 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 573957 66500 66500 66500 0 0 2610802 1578504 1032298 1229013 1229013 2261311 DEFERRED RENTAL OBLIGATION 1474065 1474065 X 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. 1 X X X X X 0 0 0 MELVIN TENNANT PRESIDENT AND CEO, BOARD M 257852 0 66903 0 0 0 13434 0 7870 0 346059 0 0 0 BRENT FORESTER SR VP DESTINATION SALES 202581 0 42353 0 0 0 15571 0 10920 0 271425 0 0 0 COURTNEY RIES SR VP BRANDING & STRATEGY 180092 0 27999 0 0 0 13361 0 17479 0 238931 0 0 0 SANDRA CHRISTENSEN VP FINANCE & ADMINISTRATIO 154280 0 25083 0 0 0 11634 0 17765 0 208762 0 0 0 WILLIAM DEEF SR VP PUBLIC AFFAIRS 133686 0 22013 0 0 0 10217 0 15370 0 181286 0 0 0 MADONNA CARR VP DESTINATION SALES 120241 0 18956 0 0 0 7180 0 7121 0 153498 0 0 0 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 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 2019 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. MINNEAPOLIS LOC LLC 801 MARQUETTE AVENUE SUITE 100 MINNEAPOLIS MN 55402 HOSTING CONVENTIONS IN MINNEAPOLIS MN 40992 1000 GREATER MINNEAPOLIS CONVENTION AND VISITORS BUREAU 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 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 MINNEAPOLIS LOC LLC M 60000 COST