2012-06-21T08:15:10-05:00 2011-12-31 410746749 CLIFTONLARSONALLEN LLP 2900 SOUTH QUINCY ST SUITE 150 ARLINGTON VA 22206 990 2011-01-01 310507334 DESTINATION MARKETING ASSOCIATION INTERNATIONAL DEST 2022967888 2025 M STREET NW NO 500 WASHINGTON DC 20036 MICHAEL D GEHRISCH 2022967888 2012-06-21 1 JOHN WOOLDRIDGE P00010947 7039985100 2011 2016-02-24 21:20:13Z MICHAEL D GEHRISCH 2025 M STREET NW NO 500 WASHINGTON DC 20036 5362288 0 X WWW.DESTINATIONMARKETING.ORG X 1934 MI TO ENHANCE THE PROFESSIONALISM, EFFECTIVENESS, AND IMAGE OF DESTINATION MARKETING ORGANIZATIONS. 24 24 23 24 643571 641771 141011 225000 4819478 5045807 15803 22118 28788 65439 5005080 5358364 0 0 0 0 1448014 1705554 0 0 0 3583457 3728712 5031471 5434266 -26391 -75902 2712876 2841190 3706647 3911964 -993771 -1070774 TO ENHANCE THE PROFESSIONALISM, EFFECTIVENESS, AND IMAGE OF DESTINATION MARKETING ORGANIZATIONS. 0 0 CONVENTION PROGRAMS - THE ORGANIZATION HOLDS 2 TRADE SHOWS PER YEAR, AND A THIRD IN CONJUNCTION WITH THE ANNUAL CONVENTION. THESE EVENTS PROVIDE FORUMS WHERE MEMBERS RECEIVE UPDATES ABOUT THE INDUSTRY AS WELL AS INFORMATION ABOUT NEW PRODUCTS AND IDEAS TO HELP THEM PROMOTE THEIR DESTINATIONS. IN 2011, APPROXIMATELY 350 ORGANIZATIONS EXHIBITED AT OUR TRADE SHOWS AND APPROXIMATELY 2,020 DESTINATION MARKETING PROFESSIONALS AND MEETING PLANNERS ATTENDED THESE THREE EVENTS. (ANNUAL CONVENTION AND TWO DESTINATION SHOWCASE). SEMINARS/CLASSESSEMINARS AND CERTIFICATION CLASSES ARE HELD TO HELP MEMBERS LEARN HOW TO EXERT INFLUENCE AND TO POSITION THE INDUSTRY AS AN ECONOMIC GENERATOR. IN 2011, APPROXIMATELY 440 DESTINATION PROFESSIONALS ATTENDED SEMINARS CONDUCTED BY THE ASSOCIATION. THE CERTIFIED DESTINATION MANAGEMENT EXECUTIVE DESIGNATION WAS AWARDED TO 18 PEOPLE IN 2011. MEETING INFORMATION NETWORK (MINT)MINT IS A CONVENTION AND MEETINGS DATABASE THAT HOUSES MORE THAN 40,000 MEETINGS FROM 20,000 ORGANIZATIONS IN A WEB-ENABLED FORMAT ACCESSIBLE FROM ANY LOCATION AT ANY TIME. 150 DESTINATION MARKETING ORGANIZATIONS VOLUNTARILY REPORT DETAILED MEETING HISTORY INFORMATION ON EVENTS HELD IN THEIR CITIES. FUNDRAISING FOR MAJOR ENHANCEMENTS TO MINT BEGAN IN 2008 AND THE ENHANCED MINT SYSTEM WAS LAUNCHED IN MAY OF 2009. THE ENHANCED VERSION PROVIDES A POWERFUL ONLINE TOOL THAT SIMPLIFIES THE RESEARCH DISTRIBUTION, AND SELECTION OF DESTINATIONS, HOTELS AND MEETING VENUES. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 23 1 1 1 0 0 0 1 1 0 X 24 24 0 0 0 0 1 1 1 1 1 0 0 0 1 0 1 1 1 1 1 0 X THE ORGANIZATION 2022967888 2025 M STREET NW NO 500 WASHINGTON DC 20036 KEVIN KANE 1.00 X X 0 0 0 GREGORY EDWARDS 1.00 X X 0 0 0 MARTHA SHERIDAN 1.00 X X 0 0 0 J STEPHEN PERRY 1.00 X X 0 0 0 JERAD BACHAR 1.00 X 0 0 0 SCOTT BECK 1.00 X 0 0 0 TAMMY BLOUNT 1.00 X 0 0 0 CRAIG DAVIS 1.00 X 0 0 0 ELLIOTT FERGUSON 1.00 X 0 0 0 JACK FERGUSON 1.00 X 0 0 0 KENNETH FISCHANG 1.00 X 0 0 0 MARINA JAMES 1.00 X 0 0 0 RAYMOND KIM 1.00 X 0 0 0 KAROLYN KIRCHGESLER 1.00 X 0 0 0 DALE LOCKETT 1.00 X 0 0 0 JOSEPH MARINELLI 1.00 X 0 0 0 WILLIAM C PATE 1.00 X 0 0 0 JOHN ROLFE 1.00 X 0 0 0 RICHARD SCHARF 1.00 X 0 0 0 GARY SHERWIN 1.00 X 0 0 0 JEFFREY VASSER 1.00 X 0 0 0 DON WELSH 1.00 X 0 0 0 SCOTT WHITE 1.00 X 0 0 0 CARL WILGUS 1.00 X 0 0 0 PAUL WINKLE 1.00 X 0 0 0 JIM WOOD 1.00 X 0 0 0 MICHAEL D GEHRISCH 40.00 X 278312 0 40000 JAMES F DUDA 40.00 X 150255 0 0 KAREN M GONZALES 40.00 X 115508 0 0 544075 0 40000 3 0 1 0 0 225000 225000 MEETINGS & EDUCATION P 611600 2490968 2490968 MEMBERSHIP DUES 900099 1831519 1831519 MEETINGS INFO NETWORK 900099 652571 643571 9000 EVENT IMPACT CALCULATO 900099 35730 35730 COMMUNICATION 900099 35019 35019 5045807 22118 22118 47400 3924 43476 43476 43476 MISCELLANEOUS 900099 21463 21463 LABEL SALES 900099 500 500 21963 5358364 4393736 643571 96057 X 440812 1042772 136542 85428 144 19005 142313 7113 122078 226183 190222 355695 176365 1639148 35157 81653 13304 MINT EXPENSE 380299 BUSINESS ALLIANCE 211490 ACCREDITATION EXCELLENC 61499 BOARD & COMMITTEE 51650 15394 5434266 306873 350376 239000 208000 88756 78846 115496 53643 1395935 1341495 145942 54440 766442 1044218 1000367 1000367 50000 51300 2712876 2841190 487943 539395 1642804 1689647 1011723 1185349 564177 497573 3706647 3911964 X -1221504 -1070774 227733 0 -993771 -1070774 2712876 2841190 X -75902 -1101 X 0 1 1 X 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 306058 302447 3611 1089877 1039048 50829 54440 AMOUNT DUE TO TOURISM ECONOMICS 54250 AMOUNT DUE TO TARSUS 137695 EXECUTIVE DEFERRED COMPENSATION 160000 DUE TO FOUNDATION 35526 RENT ABATEMENT - NEW LEASE 108852 LEASE DEPOSITS TENANTS 1250 497573 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: DESTINATION MARKETING ASSOCIATION INTERNATIONAL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY INCOME TAX POSITIONS. AT A MINIMUM, THE DECEMBER 31, 2007 THROUGH 2010 TAX YEARS ARE OPEN FOR EXAMINATION BY TAXING AUTHORITIES. 1 X 0 0 0 MICHAEL D GEHRISCH 275000 0 0 0 3312 0 40000 0 0 0 318312 0 0 0 JAMES F DUDA 150255 0 0 0 0 0 0 0 0 0 150255 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 THE OFFICERS OF THE ASSOCIATION AND TWO AT LARGE DIRECTORS SHALL CONSTITUTE THE EXECUTIVE COMMITTEE. A. THE TWO DIRECTORS SHALL BE ELECTED AT LARGE FROM THE MEMBERS OF THE BOARD OF DIRECTORS BY A MAJORITY VOTE OF THE DIRECTORS. B. THE AT LARGE DIRECTORS SHALL SERVE TWO-YEAR STAGGERED TERMS. C. ANY VACANCY OF AN AT LARGE DIRECTORSHIP SHALL BE FILLED BY THE CHAIRMAN WITH THE CONCURRENCE OF A MAJORITY OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE MAY ACT FOR THE BOARD OF DIRECTORS PURSUANT TO THE DELEGATION OF THE AUTHORITY TO DO SO BY THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL BE RESPONSIBLE FOR ALL MATTERS RELATING TO THE ASSOCIATION'S EMPLOYMENT CONTRACT AND EVALUATION OF THE PRESIDENT WITHIN PARAMETERS ESTABLISHED BY THE BOARD OF DIRECTORS. THE CHAIRMAN OF THE BAORD SHALL CALL MEETINGS OF THE EXECUTIVE COMMITTEE AS THE BUSINESS OF THE ASSOCIATION MAY REQUIRE OR AT THE REQUEST OF THREE (3) MEMBERS OF THE EXECUTIVE COMMITTEE. A. A SIMPLE MAJORITY OF THE VOTING MEMBERS OF THE EXECUTIVE COMMITTEE SHALL CONSTITUTE A QUORUM FOR THE PURPOSE OF TRANSACTING BUSINESS. B. ALL ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE ARE SUBJECT TO REVIEW BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 PROFESSIONAL MEMBERS, ALLIED MEMBERS, STATE AND REGIONAL ASSOCIATIONS, STUDENTS/EDUCATORS. FORM 990, PART VI, SECTION A, LINE 7A PROFESSIONAL MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS APPROVE BYLAW CHANGES. FORM 990, PART VI, SECTION B, LINE 11 MEMBERS OF THE ASSOCIATION'S AUDIT COMMITTEE DID NOT HAVE ADEQUATE TIME THIS YEAR TO REVIEW THE 990 BEFORE THE FILE DATE. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY REQUIRES THE AVOIDANCE OF CONFLICTS OF INTEREST AND THE AFFIRMATIVE DUTY TO REVEAL TO THE ASSOCIATION CONFLICTS OF INTEREST AND APPARENT CONFLICTS OF INTEREST. POLICY APPLIES TO OFFICERS AND DIRECTORS. AN OFFICER OR DIRECTOR WITH A PERSONAL INTEREST IN A PROPOSED CONTRACT OR TRANSACTION MUST DISCLOSE HIS/HER INTEREST AND REFRAIN FROM SPEAKING OR VOTING FOR THE ADOPTION OF SUCH CONTRACT OR TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION POLICY STATES THAT COMPENSATION PACKAGE FOR ALL COVERED INDIDUALS, CHIEF EXEXCUTIVE AND OTHER KEY POSITIONS, MUST BE REVIEWED AND APPROVED BY AN APPROVED BODY OF DESTIONATION MARKETING ASSOCIATION INTERNATIONAL. THE INFORMATION PROVIDED TO THE BODY MUST INCLUDE COMPARABILITY DATA THAT CONSIST OF EXPERT COMPENSATION DATA FROM INDEPENDENT FIRMS, WRITTEN JOB OFFERS FROM SIMILAR ORGANIZATIONS OR OBTAINED FROM IRS FORM 990 FILINGS OF SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE NOT GENERALLY MADE AVAILABLE TO THE GENERAL PUBLIC, BUT IF REQUESTS FOR COPIES OF THESE DOCUMENTS WERE TO BE RECEIVED, THE ORGANIZATION WOULD CONSIDER MAKING THEM AVAILABLE TO THE REQUESTOR. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,101. DESTINATION AND TRAVEL FOUNDATION 2025 M STREET NW SUITE 500 WASHINGTON DC 20036 621527945 SUPPORT OF EDUCATIONAL AND INFORMATIONAL NEED OF THOSE WHO ARE INTERESTED DC 501(C)(3) LINE 11B, II N/A 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 DESTINATION AND TRAVEL FOUNDATION C 225000 BOOK VALUE DESTINATION AND TRAVEL FOUNDATION E 289100 BOOK VALUE