2020-11-13T14:41:48-06:00 2020-06-30 341912961 COHEN & COMPANY LTD OFFICES LISTED AT WWWCOHENCPACOM OH 44115 990EZ 2019-07-01 273063903 CALIFORNIA ALTERNATIVE INVESTMENTS ASSOCIATION CALI 4153699646 575 MARKET STREET NO 2125 SAN FRANCISCO CA 94105 CHRISTINA PACINI EXECUTIVE DIRECTOR 4153699646 2020-11-06 1 TIMOTHY CHESSER P00051772 8002291099 2020-11-04 2019 2022-09-23 18:48:47Z X X WWW.CALALTS.ORG X X 167499 X 29672 137825 2 167499 65504 1801 72930 140235 27264 53787 0 81051 X 36305 86276 17482 1000 53787 87276 0 6225 53787 81051 X THE CALIFORNIA ALTERNATIVE INVESTMENTS ASSOCIATION (CALALTS) IS A NON-PROFIT, MEMBER BASED ORGANIZATION FOUNDED TO FOSTER THE GROWTH AND DEVELOPMENT OF THOSE WITHIN THE ALTERNATIVE INVESTMENTS INDUSTRY IN CALIFORNIA THROUGH KNOWLEDGE SHARING, THOUGHT-LEADERSHIP, ADVOCACY OF SOUND BUSINESS PRACTICES, EVENTS, RESOURCES, AND EDUCATIONAL PROGRAMS. CALALTS HAS BEEN OFFERING INDUSTRY EDUCATIONAL AND NETWORKING EVENTS, FEATURING TOPICAL DISCUSSION ON MATTERS INCLUDING REGULATION, BEST PRACTICES, ECONOMIC OUTLOOK, PORTFOLIO CONSTRUCTION, AND RISK MANAGEMENT. DURING THE YEAR, CALALTS INCURRED APPROXIMATELY $50,000 IN EXPENSES TO HOST 10 IN-PERSON EDUCATIONAL AND NETWORKING EVENTS AND 15 VIRTUAL EVENTS/MEETINGS, THAT SERVED MORE THAN 1,000 ATTENDEES. 0 0 CALALTS CONTINUES TO INVEST IN THE WEBSITE ENHANCEMENTS AND COMMUNICATION DESIGNED TO SERVE OVER 4,000 INDIVIDUALS INCLUDING ITS MEMBERSHIP AND NON-MEMBERS WITHIN THE ALTERNATIVE INDUSTRY. COMMUNICATION EFFORTS, IN THE FORM OF WEBSITE, EMAIL, WEBINAR, AND SOCIAL MEDIA ANNOUNCEMENT, FOCUS ON PROMOTING THE MISSION OF THE ORGANIZATION WITH THE PUBLIC, CALALTS EVENTS THAT ARE OPEN TO BOTH MEMBERS AND NON-MEMBERS, AND SUPPORT INDUSTRY-RELATED EVENT ANNOUNCEMENTS. IN AN EFFORT TO CREATE NETWORKING OPPORTUNITIES IN A VIRTUAL ENVIRONMENT, CALALTS RE-ENGAGED FIVE SPECIAL INTEREST GROUPS (SIGS) TO SUPPORT THOUGHT-LEADERSHIP WITHIN THE ALTERNATIVE INVESTMENTS INDUSTRY. 0 0 CALALTS CONTINUES TO OFFER FREE MONTHLY EDUCATIONAL WEBINARS TO ITS MEMBERS AND MEMBERS OF THE ALTERNATIVE INDUSTRY. THE FREQUENCY INCREASED UPON COVID AND WE NOW HOST 25+ VIRTUAL EVENTS/MEETINGS ANNUALLY. CALALTS INCURRED HOSTING SERVICE EXPENSES OF APPROXIMATELY $1,500. EXPENSES TO DEVELOP, MANAGE, AND HOST PROGRAMS WERE APPROXIMATELY $10,000. 0 0 X DANA LIGHT PRESIDENT 10.00 0 0 0 DAVID BURNETT DIRECTOR 2.00 0 0 0 JASON GERLACH DIRECTOR 5.00 0 0 0 KEITH MILLER TREASURER 2.00 0 0 0 KERRY WONG DIRECTOR 2.00 0 0 0 MARC WOLF CHAIRMAN OF THE BOARD 3.00 0 0 0 MICHAEL WU SECRETARY 2.00 0 0 0 MICK SWARTZ DIRECTOR 2.00 0 0 0 RACHEL ROTH DIRECTOR 2.00 0 0 0 ROBIN FINK DIRECTOR 2.00 0 0 0 RYAN ROSEN DIRECTOR 2.00 0 0 0 SASHA BURSTEIN DIRECTOR 2.00 0 0 0 X 0 0 0 0 0 0 0 0 CA HOLLAND-PARLETTE ASSOCIATES 575 MARKET STREET SUITE 2125 SAN FRANCISCO CA 94105 4153699646 0 0 0 0 0 0 0 0 FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME DESCRIPTION: INTEREST INCOME. AMOUNT: 2. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: BANK FEES. AMOUNT: 5,143. DESCRIPTION: INSURANCE. AMOUNT: 5,151. DESCRIPTION: SUPPLIES. AMOUNT: 358. DESCRIPTION: TELEPHONE/FAX/INTERNET. AMOUNT: 1,576. DESCRIPTION: WEBSITE. AMOUNT: 10,547. DESCRIPTION: BOARD EXPENSES. AMOUNT: 1,887. DESCRIPTION: MISC. EXPENSE - GENERAL. AMOUNT: 83. DESCRIPTION: EVENT EXPENSE - CATERING/HOTEL. AMOUNT: 37,220. DESCRIPTION: EVENT EXPENSE - MISC. EXPENSES. AMOUNT: 2,280. DESCRIPTION: EVENT EXPENSE - STAFF EXPENSE/TRAVEL. AMOUNT: 1,190. DESCRIPTION: EVENT EXPENSE - FOUNDATION SUPPORT. AMOUNT: 1,000. DESCRIPTION: EVENT EXPENSE - YOUNG PROFESSIONALS MIXER. AMOUNT: 6,495. TOTAL TO FORM 990-EZ, LINE 16: 72,930. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 17,121. END OF YEAR AMOUNT: 0. DESCRIPTION: AR-HP-OVERPAYMENT. BEG. OF YEAR AMOUNT: 66. END OF YEAR AMOUNT: 0. DESCRIPTION: ACCRUED REVENUE. BEG. OF YEAR AMOUNT: 295. END OF YEAR AMOUNT: 0. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,000. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 605. DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,120. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 4,500. FORM 990-EZ, PART V, INFORMATION REGARDING PERSONAL BENEFIT CONTRACTS: THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. FORM 990-EZ, PART V, QUESTION 35: AMOUNTS REPORTED ON PART I,LINE 2 REPRESENT GUEST FEES FOR ATTENDING ONE OF THE ORGANIZATION'S EVENTS HELD FOR ITS MEMBERS. AS INDICATED IN PART III, THE EVENTS ARE PUT ON TO FOSTER GROWTH AND DEVELOPMENT IN THE ALTERNATIVE INVESTMENT INDUSTRY THROUGH EDUCATIONAL AND NETWORKING PROGRAMS. THEREFORE, SUCH FEES FURTHER THE ORGANIZATION'S EXEMPT PURPOSE AND ARE NOT CONSIDERED UNRELATED BUSINESS INCOME. MANAGEMENT AND ADMINISTRATIVE SERVICES: EFFECTIVE JULY 1, 2019, THE ORGANIZATION HAD CONTRACTED WITH HOLLAND-PARLETTE ASSOCIATES INC. (HPA) TO PROVIDE MANAGEMENT AND ADMINISTRATIVE SERVICES FOR THE ORGANIZATION. FOR SUCH SERVICES (ESTIMATED TO BE 40 HOURS PER WEEK), THE ORGANIZATION PAID HPA $65,504 FOR THE FISCAL YEAR ENDING JUNE 30, 2020. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.