2019-11-15T14:48:10-06:00 2018-12-31 272602152 BKM SOWAN HORAN LLP 15301 DALLAS PARKWAY SUITE 960 ADDISON TX 75001 990 2018-01-01 133067918 AMERICAN GEM TRADE ASSOCIATION AMER 2147424367 3030 LBJ FREEWAY SUITE 840 DALLAS TX 75234 DOUGLAS HUCKER SIGNING OFFICER 2147424367 2019-11-15 1 AARON R MACPHIE P00451993 2145453965 50.84.106.229 2019-11-15 14:17:37 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 026A651FA63FD4D258BEB63293E535E379407866 2018 2020-03-31 21:24:44Z DOUGLAS HUCKER 3030 LBJ FREEWAY SUITE 840 DALLAS TX 75234 5069855 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. 16 16 10 16 252300 -217609 14861 0 4965680 5056577 -24992 13278 0 0 4955549 5069855 0 0 0 0 867076 884066 0 0 0 4134784 4410449 5001860 5294515 -46311 -224660 3982735 3577264 2796993 2616182 1185742 961082 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 THE JCK PAVILION GEM FAIR IN LAS VEGAS, NEVADA. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 15 0 1 10 1 1 1 0 0 0 0 0 0 0 X 16 16 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 VICE PRESIDENT 1.00 X X 0 0 0 JEFFREY BILGORE PRESIDENT 1.00 X X 0 0 0 GERRY MANNING VICE PRESIDENT 1.00 X X 0 0 0 CYNTHIA RENEE SECRETARY 1.00 X X 0 0 0 PRAMOD AGRAWAL TREASURER 1.00 X X 0 0 0 KUSAM MALHOTRA 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 DIRECTOR 1.00 X 0 0 0 GINA LATENDRESSE DIRECTOR 1.00 X 0 0 0 NIVEET NAGPAL DIRECTOR 1.00 X 0 0 0 AVI RAX DIRECTOR 1.00 X 0 0 0 ROBERT VAN WAGONER DIRECTOR 1.00 X 0 0 0 SIMON WATT DIRECTOR 1.00 X 0 0 0 LARRY WOODS DIRECTOR 1.00 X 0 0 0 RUBEN BINDRA PAST PRESIDENT 1.00 X X 0 0 0 DOUGLAS HUCKER CEO 40.00 X 183537 0 0 JOAN L ALLEN CEO 40.00 X 73617 0 0 257154 0 0 1 0 1 0 REED EXHIBITION COMPANIES PO BOX 7247-7585 PHILADELPHIA PA 19170 BOOTH FEES 1825876 AGENCY SQUID 414 N 3RD AVE SUITE 100 MINNEAPOLIS MN 55401 DESIGN WORK 283890 GES GLOBAL EXPERIENCE SPECIALISTS 7150 S TENAYA WAY SUITE 100 LAS VEGAS NV 89113 CONVENTION SETUP 184001 COMMONWEALTH ELECTRIC 2111 EAST 17TH ST TUCSON AZ 85719 ELECTRICAL SET-UP TUCSON 109348 4 TRADE SHOWS 541800 4272391 4213031 59360 MEMBERSHIP DUES 900099 437062 437062 MEMBER SERVICES AND PR 900099 196474 3534 192940 COMPETITION ENTRY FEES 900099 150650 150650 5056577 13278 13278 5069855 4804277 252300 13278 X 257154 428660 16928 131301 50023 28831 23131 79669 387735 21390 34233 1961390 198013 61400 29848 40865 EXHIBIT CONTRACTORS 348648 OTHER EVENTS 238948 BANK CHARGES 140691 SECURITY 132470 683187 5294515 1045608 1127051 2534851 1987492 110266 93405 21290 20529 244069 181033 275710 107956 26651 167754 3982735 3577264 213076 83948 2583917 2532234 2796993 2616182 X 1185742 961082 1185742 961082 3982735 3577264 -224660 0 X 0 1 X 1 0 275710 107956 167754 167754 X 0 0 0 0 0 5294515 0 5294515 0 5294515 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, 2018 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, 2017, 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 183537 0 0 0 0 0 0 0 0 0 183537 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 BURMA RUBY FUND EXPENSE 103,305. NEWSLETTER EXPENSE 102,079. PHOTOGRAPHY 89,662. REGISTRATION EXPENSE 71,157. DIRECTORY EXPENSE 66,265. PRINTING AND PUBLICATION 54,821. SPONSORSHIPS 39,044. POSTAGE AND SHIPPING 38,577. TELEPHONE 21,393. AWARDS AND TROPHIES 16,874. EDUCATION 14,085. EQUIPMENT RENTAL 13,795. DUES AND SUBSCRIPTIONS 12,207. MEMBER COLLATERAL 11,191. RECRUITMENT 9,056. MISCELLANEOUS 6,460. STORAGE RENTAL 6,000. TAXES 3,961. JEWELRY LOSS 1,927. COST OF GOODS 726. COMPETITION EXPENSE 453. REPAIRS AND MAINTENANCE 149. FORM 990 PART X, LINE 19 & 33 (A) SCHEDULE L BEGINNING NUMBERS CHANGED TO REFLECT RESTATEMENT OF 2017 AUDIT.