ALBUQUERQUE CONVENTION & VISITORS BUREAU INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- ALBUQUERQUE CONVENTION & VISITORS BUREAU INC (EIN 85-0285280)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-01
- IRS object ID
- 201210619349301756
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-01T10:49:03-06:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 MARQUETTE NW SUITE 800 | AddressLine1 |
| City | ALBUQUERQUE | City |
| State | NM | State |
| ZIP Code | 87102 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 850285280 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALBUQUERQUE CONVENTION & VISITORS BUREAU | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ALBU | NameControl |
| Phone | 5058481163 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 FIRST PLAZA SUITE 601 | AddressLine1 |
| City | ALBUQUERQUE | City |
| State | NM | State |
| ZIP Code | 87102 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DALE LOCKETT | Name |
| Title | PRESIDENT/CEO | Title |
| Phone | 5058481163 | Phone |
| Date Signed | 2012-03-01 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEPHEN E LIVINGSTON CPA | Name |
| Phone | 5058428290 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DALE LOCKETT | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 FIRST PLAZA SUITE 601 | AddressLine1 |
| City | ALBUQUERQUE | City |
| State | NM | State |
| ZIP Code | 87102 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5814334 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.ITSATRIP.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1980 | YearFormation |
| State Legal Domicile | NM | StateLegalDomicile |
| Activity Or Mission Description | TO STIMULATE ECONOMIC DEVELOPMENT BY MARKETING ALBUQUERQUE AS A DESTINATION FOR MEETINGS, CONVENTIONS AND LEISURE TRAVEL. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 23 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 23 | NbrIndependentVotingMembers |
| Total Nbr Employees | 43 | TotalNbrEmployees |
| Total Nbr Volunteers | 115 | TotalNbrVolunteers |
| Total Gross UBI | 8200 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -9293 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5484794 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5580319 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 322264 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 232693 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 5042 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1177 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 306 | OtherRevenuePriorYear |
| Other Revenue Current Year | 145 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5812406 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5814334 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2478792 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2461554 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3312154 | OtherExpensePriorYear |
| Other Expenses Current Year | 3285208 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5790946 | TotalExpensesPriorYear |
| Total Expenses Current Year | 5746762 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 21460 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 67572 | RevenuesLessExpensesCY |
| Total Assets BOY | 2013168 | TotalAssetsBOY |
| Total Assets EOY | 1962876 | TotalAssetsEOY |
| Total Liabilities BOY | 608615 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 490751 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1404553 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1472125 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO ENCOURAGE, PROMOTE AND STIMULATE CONVENTION, TOURISM AND VISITOR INDUSTRIES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | CONVENTION- TO PROVIDE, ENCOURAGE, AND STIMULATE CONVENTIONS IN THE CITY OF ALBUQUERQUE; ACCOMPLISHMENTS ARE MEASURED BY BOOKINGS AND EVENTS HELD. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TOURISM AND VISITOR SERVICES - TO PROMOTE, ENCOURAGE, AND STIMULATE LEISURE TRAVEL IN THE CITY OF ALBUQUERQUE; ACCOMPLISHMENTS ARE MEASURED BY HOTEL ROOM NIGHTS AND INQUIRIES. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | COMMUNICATIONS - TO INCREASE PUBLIC AWARENESS OF ALBUQUERQUE AS A CONVENTION AND VISITORS' DESTINATION IN SUPPORT OF SALES AND MARKETING EFFORTS BY ALL DIVISIONS USING AN INTEGRATED MARKETING COMMUNICATIONS APPROACH. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 44 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 43 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 23 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 23 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 0 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VALARIE LIND CPA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5058481163 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 FIRST PLAZA | AddressLine1 |
| City | ALBUQUERQUE | City |
| State | NM | State |
| ZIP Code | 87102 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (41 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| ERIC ROSSENA | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| DANIEL KUPERSCHMID | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| AUGUSTA MEYERS | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| BOB MURPHY | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| JIM WALTHER | ||||||||
| CHAIR-ELECT | 2.00 | X | 0 | 0 | 0 | |||
| ROY JOHNSON | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| MARK GUNDLACH | ||||||||
| CHAIR | 2.00 | X | 0 | 0 | 0 | |||
| STEVE HIATT | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| REGINA CHAVEZ | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| JULIA MIERA | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| LAURA KESSELMAN | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| GEORGE TRUJEQUE | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| CYNTHIA FRESQUEZ | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| ADRIAN PEREZ | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| MILT MCCONNELL | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| STEVE PATERNOSTER | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| SCOTT APPELMAN | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| SALLY LANE | ||||||||
| SECRETARY/TREASURER | 2.00 | X | 0 | 0 | 0 | |||
| JIM BECKLEY | ||||||||
| BOARD ATTORNEY | 2.00 | X | 0 | 0 | 0 | |||
| DIANE SOUDER | ||||||||
| EX OFFICO NON-V | 0.00 | X | 0 | 0 | 0 | |||
| PAUL SMITH | ||||||||
| EX OFFICO NON-V | 0.00 | X | 0 | 0 | 0 | |||
| LEW DAWLEY | ||||||||
| EX OFFICO NON-V | 0.00 | X | 0 | 0 | 0 | |||
| BRIAN MORRIS | ||||||||
| EX OFFICO NON-V | 0.00 | X | 0 | 0 | 0 | |||
| BOB DODSON | ||||||||
| EMERITUS | 0.00 | X | 0 | 0 | 0 | |||
| SUHEIL KARE | ||||||||
| EMERITUS | 0.00 | X | 0 | 0 | 0 | |||
| CRAIG SWAGERTY | ||||||||
| EX OFFICO NON-V | 0.00 | X | 0 | 0 | 0 | |||
| JIM HINDE | ||||||||
| EX OFFICO NON-V | 0.00 | X | 0 | 0 | 0 | |||
| LINDA WEDEEN | ||||||||
| EX OFFICO NON-V | 0.00 | X | 0 | 0 | 0 | |||
| DAVID CAMPBELL | ||||||||
| EX OFFICO | 0.00 | X | 0 | 0 | 0 | |||
| DEBBIE O'MALLEY | ||||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |||
| BRAD WINTER | ||||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |||
| TRACIE JERNIGAN | ||||||||
| EX OFFICO | 0.00 | X | 0 | 0 | 0 | |||
| RON SOLIMON | ||||||||
| PAST CHAIR | 2.00 | X | 0 | 0 | 0 | |||
| CHAD HENDERSON | ||||||||
| EX OFFICO | 0.00 | X | 0 | 0 | 0 | |||
| ROBERT PERRY | ||||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |||
| DALE LOCKETT | ||||||||
| PRESIDENT/CEO | 50.00 | 160434 | 0 | 13657 | X | X | X | |
| JONI THOMPSON | ||||||||
| CHIEF OPERATING OFFICER | 50.00 | 104921 | 0 | 11317 | X | |||
| TANIA ARMENTA | ||||||||
| VP MARKETING, COMM., & TOU | 50.00 | 85511 | 0 | 10256 | X | |||
| ELISE ROGERS | ||||||||
| VP DEVELOPMENT | 50.00 | 68781 | 0 | 9640 | X | |||
| LARRY ATCHISON | ||||||||
| FORMER VP OF CONVENTION SALES | 50.00 | 75792 | 0 | 20150 | X | |||
| ROB ENRIQUEZ | ||||||||
| VP OF CONVENTION SALES | 50.00 | 14100 | 0 | 1080 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 509539 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 66100 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| MCKEE WALLWORK CLEVELAND | |||||
| 1030 18TH ST NW | ALBUQUERQUE | NM | 87104 | ADVERTISING | 923407 |
| FIRST GALERIA PLZ | |||||
| 320 GOLD AVE SW STE 800 | ALBUQUERQUE | NM | 87102 | OFFICE SPACE RENTAL | 218342 |
| ARISTOTLE INC | |||||
| 401 W CAPITOL STE 700 | LITTLE ROCK | AR | 72201 | WEB DEVELOPMENT, MARKETING & HOSTING | 198803 |
| LOVELACE HEALTH PLAN | |||||
| PO BOX 53588 | PHOENIX | AZ | 85072 | EMPLOYEE MEDICAL INSURANCE | 185030 |
| ESPN INC | |||||
| 13057 COLLECTIONS CTR D | CHICAGO | IL | 60693 | SPONSORSHIP FOR NM BOWL | 180000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Membership Dues | 495576 | MembershipDues |
| Government Grants | 5066000 | GovernmentGrants |
| All Other Contributions | 18743 | AllOtherContributions |
| Total Contributions | 5580319 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| EVENT HOSTING/PART. | 900099 | 211030 | 211030 | |
| OTHER INCOME | 900099 | 13463 | 13463 | |
| ADVERTISING | 541800 | 8200 | 8200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 232693 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1177 | TotalRevenueColumn |
| Exclusion | $1,177 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 145 | GrossSalesOfInventory |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 145 | TotalRevenueColumn |
| Related Or Exempt Function Income | 145 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5814334 | TotalRevenueColumn |
| Related Or Exempt Function Income | 224638 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 8200 | UnrelatedBusinessRevenue |
| Exclusion | $1,177 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 509539 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1533571 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48618 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 213457 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 156369 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57341 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1175356 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 170926 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 230501 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114563 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16087 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 111919 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15849 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| MARKETING | 1179223 |
| BAD DEBT PROVISION | 80960 |
| TRAINING AND EDUCATION | 78920 |
| RENTAL AND MAINTENANCE | 46664 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6899 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5746762 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1158920 | BOY |
| EOY | 1103942 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 388519 | BOY |
| EOY | 388563 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 187591 | BOY |
| EOY | 151923 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2850 | BOY |
| EOY | 2850 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101252 | BOY |
| EOY | 163629 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1315379 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1208290 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 137209 | BOY |
| EOY | 107089 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3485 | BOY |
| EOY | 2942 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33342 | BOY |
| EOY | 41938 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2013168 | BOY |
| EOY | 1962876 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 366928 | BOY |
| EOY | 264512 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 241687 | BOY |
| EOY | 226239 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 608615 | BOY |
| EOY | 490751 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1404553 | BOY |
| EOY | 1472125 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1404553 | BOY |
| EOY | 1472125 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2013168 | BOY |
| EOY | 1962876 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 67572 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 41575 | OtherCostOrOtherBasis |
| Depreciation | 41575 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1261081 | OtherCostOrOtherBasis |
| Depreciation | 1153992 | Depreciation |
| Book Value | 107089 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12723 | OtherCostOrOtherBasis |
| Depreciation | 12723 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 107089 | TotalOfBookValueLandBuildings |
| Total Revenue | 5814334 | TotalRevenue |
| Total Expenses | 5746762 | TotalExpenses |
| Excess Or Deficit For Year | 67572 | ExcessOrDeficitForYear |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | 67572 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 6348212 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 533878 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 533878 | RevenueNotRptdF990 |
| Revenue Subtotal | 5814334 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 5814334 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6280640 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 533878 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 533878 | ExpensesNotRptdF990 |
| Expenses Subtotal | 5746762 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 5746762 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X: | ReturnReference |
| Explanation | THE ORGANIZATION'S INCOME TAX FOOTNOTE CONTAINS A DESCRIPTION OF THE REQUIREMENTS OF FIN 48. IT THEN CONTAINS THE FOLLOWING TEXT: AS OF JUNE 30, 2011, ACVB PERFORMED A COMPREHENSIVE REVIEW OF ITS MATERIAL TAX POSITIONS IN ACCORDANCE WITH RECOGNITION AND MEASUREMENT STANDARDS ESTABLISHED BY GAAP. AS A RESULT OF THIS REVIEW, ACVB QUALIFIED AS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(6) OF THE IRC AND HAD NO UNREPORTED INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES AND DID NOT IDENTIFY ANY ENTITY LEVEL TAX POSITIONS THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT THRESHOLD. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DALE LOCKETT | NamePerson |
| Base Compensation Filing Org | 143646 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 8688 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 8100 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 8954 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 4703 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 174091 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | BOARD DIRECTORS ARE ENGAGED IN BUSINESSES RELATED TO AND COMPATIBLE WITH THE HOSPITALITY INDUSTRY. AS SUCH THEY ARE FREQUENTLY IN THE POSITION TO PROCURE GOODS AND SERVICES FROM EACH OTHER IN THE DAILY OPERATION OF THEIR BUSINESSES. | |
| FORM 990, PART VI, SECTION A, LINE 6 | AS A 501(C)(6) TRADE ASSOCIATION, ALBUQUERQUE CONVENTION & VISITORS BUREAU IS COMPRISED OF MEMBERS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | PURSUANT TO ALBUQUERQUE CONVENTION & VISITORS BUREAU'S BY-LAWS, VOTING DIRECTORS OF THE BOARD ARE ELECTED BY AND FROM THE MEMBERSHIP. IN ADDITION TO THE DIRECTORS ELECTED BY THE MEMBERS, CERTAIN DIRECTORS SERVE AS EX OFFICIO DIRECTORS BY APPOINTMENT FROM VARIOUS ENTITIES, INCLUDING MUNICIPALITY AND RELATED ASSOCIATIONS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 WAS PROVIDED TO THE AUDIT/FINANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR ITS REVIEW. THE AUDIT/FINANCE COMMITTEE REPORTED TO THE BOARD OF DIRECTORS THAT THEY HAD REVIEWED THE 990. THIS IS A STANDING COMMITTEE RESPONSIBLE FOR OVERSIGHT OF AUDIT AND FISCAL ACTIVITIES OF THE ORGANIZATION. | |
| ALBUQUERQUE CONVENTION & VISITORS BUREAU'S BY-LAWS INCLUDE A CONFLICT OF INTEREST STATEMENT. IN ADDITION, A CONFLICT OF INTEREST POLICY IS IN PLACE WHICH INCLUDES A REQUIREMENT OF RECUSAL FROM DISCUSSION AND VOTING IF A MATTER BEFORE THE BOARD HAS POTENTIALLY SIGNIFICANT IMPACT ON A DIRECTOR'S BUSINESS OPERATIONS. THIS POLICY IS REVIEWED AT LEAST ANNUALLY AND IS A PART OF A FORMAL BOARD ORIENTATION PROCESS FOR NEW MEMBERS. IN ADDITION, THE BOARD'S ATTORNEY IS PRESENT AT EXECUTIVE COMMITTEE AND BOARD MEETINGS TO OBSERVE THE PROCEEDINGS AND REMIND DIRECTORS OF THE POLICY WHEN NECESSARY. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE CEO IS REVIEWED BY THE BOARD'S COMPENSATION COMMITTEE AND HIS SALARY IS APPROVED BY THEM - INDICATED BY SIGNATURE OF THE BOARD CHAIR ON INTERNAL PAYROLL FORMS. INDUSTRY GUIDELINES ARE REGULARLY PUBLISHED BASED ON COMPENSATION AND BENEFIT SURVEYS INDICATING AVERAGE SALARY AND BENEFITS FOR CEO'S (AND OTHER STAFF) BASED ON NUMEROUS VARIABLES INCLUDING TYPE OF ENTITY, SIZE OF BUDGET, SIZE OF STAFF, ETC. THESE SURVEYS AS WELL AS SURVEYS CONDUCTED IN THE LOCAL MARKET PLACE WHICH INCLUDE INFORMATION FROM GOVERNMENT, NONPROFIT AND INDUSTRY BUSINESSES ARE REVIEWED AND CONSIDERED BY THE COMPENSATION COMMITTEE WHEN SETTING THE CEO'S COMPENSATION. AVERAGE PERCENT OF SALARY INCREASE AVAILABLE TO STAFF BASED ON MERIT IS ALSO A FACTOR IN DETERMINING ANNUAL RAISES. ALL OTHER STAFF COMPENSATION (VPS, HIGHLY COMP, ETC) IS SET BY CEO, BUT DOES TAKE INTO CONSIDERATION VARIOUS COMPENSATION REVIEW PROCESSES TO ESTABLISH MARKET RANGE FOR THE POSITIONS. | FORM 990, PART VI, SECTION B, LINE 15A | |
| ALL DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION BY REQUEST. THE CFO MAINTAINS DOCUMENTS, REVIEWS AND RESPONDS TO REQUESTS. IN ADDITION, AUDITED FINANCIAL STATEMENTS ARE POSTED ON ORGANIZATION'S WEBSITE. | FORM 990, PART VI, SECTION C, LINE 19 | |
| AUDIT AND FINANCE COMMITTEE | THERE WAS NO CHANGE IN THE AUDIT OVERSIGHT OR SELECTION PROCESS DURING THE TAXABLE YEAR. | FORM 990, PART XI, LINE 2C: |
| AS A 501(C)(6) TRADE ASSOCIATION, ACVB IS COMPRISED OF MEMBERS OF THE HOSPITALITY INDUSTRY (HOTELS, RESTAURANTS, ATTRACTIONS, RETAIL) AND OTHER RELATED BUSINESS AND ECONOMIC INDUSTRIES (BANKS, INSURANCE FIRMS, REALTORS, ETC). BOARD DIRECTORS ARE ELECTED FROM THE MEMBERSHIP. DIRECTORS ARE REQUIRED TO BE IN KEY DECISION-MAKING POSITIONS OF THEIR COMPANIES (E.G. OWNER, GENERAL MANAGER, CEO, ETC.) AS SUCH, ACVB IS FREQUENTLY IN THE POSITION TO PROCURE GOODS AND SERVICES FROM DIRECTORS WHOSE BUSINESSES ARE DIRECTLY RELATED TO THE PURPOSE AND MISSION OF ACVB. THESE TRANSACTIONS ARE CONDUCTED AT ARMS-LENGTH AND PROPERLY DOCUMENTED. | FORM 990, PART IV, LINE 28 |
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