2018-09-12T17:54:49-05:00 2017-12-31 272602152 BKM SOWAN HORAN LLP 15301 DALLAS PARKWAY SUITE 960 ADDISON TX 75001 990 2017-01-01 133067918 AMERICAN GEM TRADE ASSOCIATION AMER 2147424367 3030 LBJ FREEWAY SUITE 840 DALLAS TX 75234 DOUGLAS HUCKER SIGNING OFFICER 2147424367 2018-09-09 1 TIMOTHY P HORAN P01040276 2145453965 50.84.106.229 2018-09-09 15:04:24 CD P 2A1DB68DB02E9CA272A18D534B3439052FC4B943 0BEEC25B0C77CB217829FE012892DC284A45C1DE 2017 2018-06-14 16:35:46Z DOUGLAS HUCKER 3030 LBJ FREEWAY SUITE 840 DALLAS TX 75234 4985307 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 9 16 177575 -65759 93848 14861 4817823 4965680 428 -24992 0 0 4912099 4955549 0 0 0 0 827211 867076 0 0 0 4075946 4134784 4903157 5001860 8942 -46311 3713190 3982735 2361400 2677256 1351790 1305479 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 1 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 12 0 1 9 1 1 1 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 BIDGES 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 203500 0 0 JOAN L ALLEN CEO 40.00 X 73355 0 0 276855 0 0 1 0 1 0 REED EXHIBITION COMPANIES PO BOX 7247-7585 PHILADELPHIA PA 19170 BOOTH FEES 1746928 GES GLOBAL EXPERIENCE SPECIALISTS 7150 S TENAYA WAY SUITE 100 LAS VEGAS NV 89113 CONVENTION SETUP 179222 TUSCAN GEM AND MINERAL SOCIETY 3727 E BLACKLIDGE DR TUCSON AZ 85716 BOOTH FEES 136376 AGENCY SQUID 414 N 3RD AVE SUITE 100 MINNEAPOLIS MN 55401 DESIGN WORK 129495 COMMONWEALTH ELECTRIC 2111 EAST 17TH ST TUCSON AZ 85719 ELECTRICAL SET-UP TUCSON 109348 5 14861 14861 TRADE SHOWS 541800 4212904 4150934 61970 MEMBERSHIP DUES 900099 458113 458113 COMPETITION ENTRY FEES 900099 171915 171915 MEMBER SERVICES AND PR 900099 122748 7143 115605 4965680 4766 4766 29758 -29758 -29758 -29758 4955549 4758347 177575 4766 X 276855 405935 16342 120104 47840 19283 20300 46240 206659 20269 62784 1877758 218769 52912 6000 33726 EXHIBIT CONTRACTORS 348254 OTHER EVENTS 231669 BANK CHARGES 148165 SECURITY 131806 710190 5001860 1706514 1045608 1672163 2534851 107529 110266 26473 21290 171762 244069 104759 78108 28749 26651 3713190 3982735 150164 213076 2211236 2464180 2361400 2677256 X 1351790 1305479 1351790 1305479 3713190 3982735 -46311 0 X X 0 1 X 1 0 104759 78108 26651 26651 X 4985307 0 4985307 0 4985307 5031618 0 5031618 0 5031618 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, 2016 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 203500 0 0 0 0 0 0 0 0 0 203500 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 SPONSORSHIPS 94,291. PHOTOGRAPHY 92,369. NEWSLETTER EXPENSE 90,507. BURMA RUBY FUND EXPENSE 84,441. RECRUITMENT 78,110. REGISTRATION EXPENSE 68,147. POSTAGE AND SHIPPING 60,621. PRINTING AND PUBLICATION 44,179. TELEPHONE 23,285. AWARDS AND TROPHIES 15,956. EDUCATION 14,294. EQUIPMENT RENTAL 12,574. DUES AND SUBSCRIPTIONS 9,702. STORAGE RENTAL 5,998. COST OF GOODS 4,883. TAXES 3,884. REPAIRS AND MAINTENANCE 3,762. BAD DEBT 3,087. DIRECTORY EXPENSE 100. FOR 990. PART XII, LINE 2C. THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.