2021-11-15T16:38:20-06:00 2020-12-31 272602152 BKM SOWAN HORAN LLP 14675 DALLAS PARKWAY STE 150 DALLAS TX 75254 990 2020-01-01 133067918 AMERICAN GEM TRADE ASSOCIATION AMER 2147424367 3030 LBJ FREEWAY SUITE 840 DALLAS TX 75234 DOUGLAS HUCKER SIGNING OFFICER 2147424367 2021-11-15 1 DOUGLAS HUCKER 999009999 TIMOTHY P HORAN P01040276 2145453965 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DOUGLAS HUCKER 3030 LBJ FREEWAY SUITE 840 DALLAS TX 75234 3044575 0 X WWW.AGTA.ORG X 1981 TX THE MISSION OF THE AGTA IS TO REPRESENT AND FURTHER THE INTERESTS OF THE COLORED GEMSTONE INDUSTRY IN THE U.S. AND CANADA. IT REPRESENTS INDEPENDENT COLORED GEMSTONE SUPPLIERS, MANUFACTURERS, DESIGNERS, AND RETAILERS FOR THE PURPOSE OF PROMOTING NATURALLY OCCURING COLORED GEMSTONES. 15 15 10 16 215230 0 0 0 4109468 3043893 11640 682 0 0 4121108 3044575 0 0 0 0 989251 906045 0 0 0 3201301 2024052 4190552 2930097 -69444 114478 3263091 1421309 2371457 415197 891634 1006112 X THE MISSION OF THE AGTA IS TO REPRESENT AND FURTHER THE INTERESTS OF THE COLORED GEMSTONE INDUSTRY IN THE U.S. AND CANADA. IT REPRESENTS INDEPENDENT COLORED GEMSTONE SUPPLIERS, MANUFACTURERS, DESIGNERS, AND RETAILERS FOR THE PURPOSE OF PROMOTING NATURALLY OCCURING COLORED GEMSTONES. 0 0 EACH YEAR THE ASSOCIATION PRODUCES SEVERAL TRADE SHOWS, INCLUDING THE AGTA GEM FAIR IN TUCSON, ARIZONA AND LAS VEGAS CONVENTION CENTER GEM FAIR IN LAS VEGAS, NEVADA. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 10 1 1 1 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 0 1 1 0 X DOUGLAS HUCKER 2147424367 3030 LBJ FREEWAY DALLAS TX 75234 BRUCE BRIDGES 1ST VICE PRESIDENT 1.00 X X 0 0 0 KIM COLLINS SECRETARY 1.00 X X 0 0 0 SHEKHAR SHAH TREASURER 1.00 X X 0 0 0 PRAMOD AGRAWAL DIRECTOR 1.00 X 0 0 0 CHARLES CARMONA DIRECTOR 1.00 X 0 0 0 JEFF MASON DIRECTOR 1.00 X 0 0 0 BILL HEHER 2ND VICE PRESIDENT 1.00 X 0 0 0 GINA LATENDRESSE DIRECTOR 1.00 X 0 0 0 HEMANT PHOPHALIYA DIRECTOR 1.00 X 0 0 0 JAIMEEN SHAH DIRECTOR 1.00 X 0 0 0 ROBERT BENTLEY DIRECTOR 1.00 X 0 0 0 SIMON WATT DIRECTOR 1.00 X 0 0 0 JONATHAN GAD DIRECTOR 1.00 X 0 0 0 RUBEN BINDRA PRESIDENT 1.00 X X 0 0 0 DAVID NASSI DIRECTOR 1.00 X 0 0 0 JEFFREY BILGORE PAST PRESIDENT 1.00 X 0 0 0 DOUGLAS HUCKER CEO 40.00 X 211640 0 0 JOAN L ALLEN CEO 40.00 X 0 0 0 211640 0 0 1 0 1 0 0 TRADE SHOWS REVENUE 541800 2345203 2291743 53460 MEMBERSHIP DUES 900099 396650 396650 MEMBER SERVICES AND PR 900099 164677 2907 161770 COMPETITION ENTRY FEES 900099 137363 137363 3043893 682 682 3044575 2828663 215230 682 X 211640 467394 25263 158238 43510 40626 26157 57125 256638 10568 46555 152013 86888 27969 59044 42884 EXHIBIT CONTRACTORS 415981 OTHER EVENTS 225422 SECURITY 139389 REGISTRATION EXPENSE 83129 353664 2930097 242029 30482 2448666 1111036 53381 31262 20349 20290 354138 142252 294825 208838 144528 85987 3263091 1421309 33468 102504 2337989 139627 0 173066 2371457 415197 X 891634 1006112 891634 1006112 3263091 1421309 114478 0 X 0 1 X 1 0 294825 208838 85987 85987 NOTE PAYABLE - PPP 173066 173066 X 3044575 0 3044575 0 3044575 2930097 0 2930097 0 2930097 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501 (C) (6) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION ENGAGES IN CERTAIN ACTIVITIES NOT RELATED TO ITS EXEMPT PURPOSE. SUCH ACTIVITIES ARE SUBJECT TO TAX ON UNRELATED INCOME. FOR THE YEAR ENDED DECEMBER 31, 2019 ANY SUCH TAX IS ESTIMATED TO BE NOMINAL. GAAP REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN IN THE COURSE OF PREPARING THE ASSOCIATION'S TAX RETURNS AND RECOGNITION OF A TAX LIABILITY (OR ASSET) IF THE ASSOCIATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ASSOCIATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2020, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 0 0 0 DOUGLAS HUCKER CEO 211640 0 0 0 0 0 0 0 0 0 211640 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS MUST BE PROPOSED AND VOTED UPON. THERE ARE SIX CLASSES OF MEMBERS: CHARTER, FIRM, AFFILIATE RETAIL, AFFILIATE MEMBER-AT-LARGE, HONORARY, AND STUDENT AFFILIATE. THE BOARD OF DIRECTORS VOTE ON THE QUALIFIED APPLICANTS FOR MEMBERSHIP IN THE CORPORATION. IN ORDER TO BE ELECTED AS A NEW MEMBER OF THE CORPORATION, AN APPLICANT MUST RECEIVE THE POSITIVE VOTE OF AT LEAST A MAJORITY OF A QUORUM OF THE BOARD OF DIRECTORS. UPON AN APPLICANT'S ELECTION AS A NEW MEMBER OF THE CORPORATION, THE BOARD OF DIRECTORS SHALL SPECIFY THE NEW MEMBER'S MEMBERSHIP CLASS. ONLY FIRM MEMBERS POSSESS VOTING RIGHTS. THE PRESIDENT SHALL BE ELECTED BY THE VOTE OF THE FIRM MEMBERS. DIRECTORS SHALL BE ELECTED BY THE FIRM MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A IN ORDER TO BE ELECTED AS A NEW MEMBER OF THE CORPORATION, AN APPLICANT MUST RECEIVE THE POSITIVE VOTE OF AT LEAST A MAJORITY OF A QUORUM OF THE BOARD OF DIRECTORS. UPON AN APPLICANT'S ELECTION AS A NEW MEMBER OF THE CORPORATION, THE BOARD OF DIRECTORS SHALL SPECIFY THE NEW MEMBER'S MEMBERSHIP CLASS. ONLY FIRM MEMBERS POSSESS VOTING RIGHTS. THE PRESIDENT SHALL BE ELECTED BY THE VOTE OF THE FIRM MEMBERS. DIRECTORS SHALL BE ELECTED BY THE FIRM MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B ONLY FIRM MEMBERS POSSESS VOTING RIGHTS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS DISCUSSED WITH THE CEO, TREASURER, AND CFO. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST ISSUES ARE HANDLED AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 15 THE CEO IS REVIEWED ANNUALLY BY TH EXECUTIVE COMMITTEE FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE AT WWW.AGTA.ORG AND ARE AVAILABLE TO REVIEW UPON REQUEST AT THE ORGANIZATION'S OFFICE LOCATED AT 3030 LBJ FREEWAY, SUITE 840, DALLAS, TEXAS 75234 FORM 990, PART IX, LINE 24E NEWSLETTER EXPENSE 67,269. BANK CHARGES 50,144. PHOTOGRAPHY 47,833. PRINTING AND PUBLICATIONS 27,602. POSTAGE AND SHIPPING 25,837. TELEPHONE 22,852. DIRECTORY EXPENSE 22,056. MISCELLANEOUS 15,449. AWARDS AND TROPHIES 14,679. EQUIPMENT RENTAL 14,238. SPONSORSHIPS 12,651. DUES AND SUBSCRIPTIONS 11,579. EDUCATION 9,235. STORAGE RENTAL 5,500. TAXES 4,088. RECRUITMENT 2,027. REPAIRS AND MAINTENANCE 616. COST OF GOODS 9.