2018-08-15T14:44:55-05:00 2017-09-30 751044330 LANE GORMAN TRUBITT LLC 2626 HOWELL ST SUITE 700 DALLAS TX 75204 990 2016-10-01 611689405 DALLAS TOURISM PUBLIC IMPROVEMENT DISTRICT CORPORATION DALL 2145711005 325 NORTH ST PAUL STREET STE 700 DALLAS TX 75201 FRED EULER CHAIRMAN/DIRECTOR 2145711005 2018-08-10 1 JAMES A YOUNGBLOOD CPA P00047431 2148717500 2016 2022-09-23 18:48:47Z FRED EULER 325 NORTH ST PAUL STREET STE 700 DALLAS TX 75201 14926959 0 X WWW.DTPID.COM X 2012 TX IN SUPPORT OF DALLAS' EFFORT TO BE A TOP 5 DESTINATION FOR CONVENTIONS AND TOURISM, THE DTPID'S PRIMARY PURPOSE IS TO ADVANCE & PROMOTE BUSINESS WITHIN THE HOTEL AND TOURISM INDUSTRY. 10 10 0 0 0 0 0 0 14811070 14926959 0 0 0 0 14811070 14926959 0 0 0 0 0 0 0 0 0 14811070 14926959 14811070 14926959 0 0 1176288 1086903 1176288 1086903 0 0 X IN SUPPORT OF DALLAS' EFFORT TO BE A TOP 5 DESTINATION FOR CONVENTIONS AND TOURISM, THE DALLAS TOURISM PUBLIC INPROVEMENT DISTRICT (DTPID) WENT INTO EFFECT IN AUGUST 2012. THE DISTRICT IS MADE UP OF HOTEL PROPERTIES IN THE CITY LIMITS OF DALLAS WITH 100 OR MORE HOTEL ROOMS. THESE PROPERTIES PAY A 2% ASSESSMENT ON THEIR OCCUPIED ROOMS FOR THE PURPOSE OF GENERATING FUNDS TO MARKET AND PROMOTE DALLAS AS A CONVENTION AND TOURISM DESTINATION.THE RENEWED AND EXTENED TERM FOR THE DTPID IS THIRTEEN YEARS FROM 08/10/2016 TO 09/30/2009 AND IS EXPECTED TO BRING IN APPROXIMATELY $16.5 TO $29.7 MILLION PER YEAR IN SUPPORT OF ITS MISSION. A BOARD OF DIRECTORS, CONSISTING OF PARTICIPATING DTPID HOTELIERS, DIRECT THE USE OF ALL FUNDS GENERATED. THE CITY OF DALLAS AUTHORIZED THE CREATION OF THIS DISTRICT AND MUST ANNUALLY APPROVE A BUDGET. THE BOARD HAS CONTRACTED WITH THE CITY TO COLLECT THE FUNDS, AND WITH THE DALLAS CONVENTION AND VISITORS BUREAU TO ADMINISTER THE PROGRAMS AND USE OF FUNDS. 0 0 APPROXIMATELY 40% OF THE DISTRICT'S RESOURCES ARE USED FOR VARIOUS SALES EFFORTS DIRECTED AT ATTRACTING MEETINGS AND CITY-WIDE CONVENTIONS TO DALLAS AND THE DISTRICT'S HOTEL MEMBERS. THESE EFFORTS ARE DESIGNED TO BUILD COMPETITIVE PROPOSALS THAT ENCOURAGES THE SELECTION OF DALLAS OVER OTHER MEETING DESTINATIONS AROUND THE COUNTRY. THOSE MEETINGS THAT DECIDE TO MEET IN DALLAS WILL BRING NEW VISITORS TO THE DESTINATION FOR THE BETTERMENT OF THE DISTRICT MEMBERS AND THE CITY AS A WHOLE. APPROXIMATELY 35% OF THE DISTRICT'S RESOURCES ARE USED TO MARKET THE DESTINATION. THESE PROMOTION AND ADVERTISING EFFORTS ARE ALSO DESIGNED TO BRING ADDITIONAL VISITORS TO DALLAS AND THE DISTRICT'S HOTEL MEMBERS. THE EFFORTS INCLUDE TV, PRINT, RADIO, AND OUTDOOR ADVERTISING ALONG WITH DIGITAL, MOBILE, AND SOCIAL MEDIUMS. THE MARKETING EFFORTS WILL BE TARGETED TO THE SALES ACTIVITY MARKETS TO AID IN THE SELECTION OF DALLAS AS WELL AS INCREASE LEISURE VISITORS AND MEETING ATTENDEES. THE REMAINING 25% OF THE DISTRICT'S RESOURCES ARE USED IN PERFORMANCE OF SITE VISITS, FANILIARIZATION TOURS, MARKETING SUPPORT OF THE DALLAS CONVENTION AND VISITORS BUREAU, AND IN SUPPORT OF OTHER ACTIVITIES INCLUDING RESEARCH, LEGAL, AUDIT, AND OTHER ADMINISTRATIVE SERVICES IN FURTHERANCE OF ITS PRIMARY PURPOSE. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X MATTHEW JONES 2145711000 325 NORTH ST PAUL ST 700 DALLAS TX 75201 X FRED EULER CHAIRMAN/DIRECTOR 1.00 X X 0 0 0 MARK SANDERS VICE CHAIRMAN/TREASURER 1.00 X X 0 0 0 MARK WOELFFER SECRETARY/DIRECTOR 1.00 X X 0 0 0 ANDREA GATES DIRECTOR 1.00 X 0 0 0 MAHUR MIKE PATEL DIRECTOR 1.00 X 0 0 0 GREG WHITE DIRECTOR 1.00 X 0 0 0 MICHAEL MCGILLIGAN DIRECTOR 1.00 X 0 0 0 DAN MCGOWAN DIRECTOR 1.00 X 0 0 0 KEVIN GILBERT DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 HOTEL ASSESSMENT FEES 900099 14926959 14926959 14926959 14926959 14926959 0 0 PROFESSIONAL FEES 14890959 COLLECTION FEES 36000 14926959 1176288 1086903 1176288 1086903 1176288 1086903 1176288 1086903 X 0 0 0 0 0 0 0 0 1176288 1086903 0 0 X X 0 1 1 0 0 X 14926959 0 14926959 0 14926959 14926959 0 14926959 0 14926959 PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE FOLLOWING IS THE TEXT FROM FOOTNOTES OF THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS: THE ORGANIZATION HAS RECEIVED A DETERMINATION LETTER DATED AUGUST 29, 2014 GRANTING IT EXEMPTION FROM FEDERAL INCOME TAXES WITH THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THIS DETERMINATION LETTER MAKES THE ORGANIZATION NOT LIABLE FOR FEDERAL INCOME TAXES, EXCEPT TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. FOR THE YEARS ENDED SEPTEMBER 30, 2017 AND 2016, THE ORGANIZATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME; THEREFORE NO PROVISION FOR INCOME TAX HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION WOULD BE REQUIRED TO FILE AN ANNUAL FORM 990-T WITH THE UNITED STATES INTERNAL REVENUE SERVICE FOR ANY UNRELATED BUSINESS INCOME. THE ORGANIZATION ADOPTED THE GUIDANCE IN ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS GUIDANCE REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE ORGANIZATION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. THE ORGANIZATION HAD NO TAXABLE INCOME AND ALL FUNDS WERE EXPENDED TO SUPPORT ITS STATED MISSION. AS SUCH, NO PROVISION IS CONTAINED HEREIN FOR FEDERAL INCOME TAXES PAYABLE. THE ORGANIZATION IS RELYING ON ITS ADHERENCE TO ALL APPLICABLE LAWS AND REGULATIONS AS WELL AS ITS EXPLICIT SUPPORT OF THE ORGANIZATION'S MISSION TO SUPPORT THIS ASSERTION. HOWEVER, THE CONCLUSIONS REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WILL BE SUBJECT TO REVIEW AND MAY BE ADJUSTED AT A LATER DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNCERTAIN TAX POSITIONS AS INCOME TAX EXPENSE. THE ORGANIZATION'S INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE DUE DATE OR DATE OF FILING. AT SEPTEMBER 30, 2017 AND 2016, ALL TAX FILINGS FOR THE ORGANIZATION SINCE 2013 ARE AVAILABLE FOR EXAMINATION BY TAXING AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990 THE FORM 990, INCLUDING ALL FORMS AND ATTACHMENTS, ARE REVIEWED BY MEMBERS OF THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY EACH BOARD MEMBER ANNUALLY SIGNS A CONFLICT OF INTEREST FORM TO DISCLOSE ANY POTENTIAL MATERIAL FINANCIAL INTERESTS. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION NO COMPENSATION IS PROVIDED TO THE OFFICERS AND BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS TO THE PUBLIC THE DTPID'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C COMMITTEE'S OVERSIGHT AND SELECTION PROCESS THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THERE WAS NO CHANGE TO THE PROCESS DURING THE YEAR.