2024-05-15T16:26:08-05:00 2023-06-30 850203431 REDW LLC 475 COTTAGE STREET NE SUITE 200 SALEM OR 97301 990 2022-07-01 930865678 TRAVEL SALEM TRAV 5035814325 630 CENTER ST NE SALEM OR 97301 ANGIE VILLERY PRESIDENT AND CEO 5035814325 2024-05-14 1 ANGIE VILLERY 999009999 0 RYAN T PASQUARELLA CPA P01304274 5035817788 2024-05-14 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X ANGIE VILLERY 630 CENTER ST NE SALEM OR 97301 2930409 0 X WWW.TRAVELSALEM.COM X 1984 OR INSPIRE TRAVEL AND FOSTER ECONOMIC PROSPERITY BY HARNESSING OURDESTINATION'S UNIQUE VALUE PROPOSITION THROUGH PARTNERSHIP, INNOVATION,AND RESPONSIBLE DEVELOPMENT THAT ENHANCES THE VISITOR EXPERIENCE ANDENRICHES THE LIVES OF RESIDENTS. 24 24 20 45 14353 4210 323708 126414 2302454 2762470 0 7165 2807715 32474 5433877 2928523 0 29500 0 0 792867 1105587 0 0 0 3923307 1167829 4716174 2302916 717703 625607 3237636 4348936 1124184 1628805 2113452 2720131 INSPIRE TRAVEL AND FOSTER ECONOMIC PROSPERITY BY HARNESSING OUR DESTINATION'S UNIQUE VALUE PROPOSITION THROUGH PARTNERSHIP, INNOVATION, AND RESPONSIBLE DEVELOPMENT THAT ENHANCES THE VISITOR EXPERIENCE AND ENRICHES THE LIVES OF RESIDENTS. 0 0 972697 29500 1502470 HELPING DRIVE $782 MILLION IN TOURISM ECONOMIC IMPACT TO THE REGION IN THE CURRENT FISCAL YEAR. 1166162 1212407 HELPING DRIVE $4.7 MILLION IN TRANSIENT OCCUPANCY TAX TO SALEM IN THE CURRENT FISCAL YEAR. 65714 65714 SECURING $2.4 MILLION IN DONATED PRODUCTS AND SERVICES TO SUPPORT THE ORGANIZATION'S MISSION. THE DONATED PRODUCTS AND SERVICES RECEIVED DURING THE YEAR IS AS FOLLOWS: MEDIA - $1,173,123 IN-KIND SERVICES - $377,764 WILLAMETTE VALLEY ASSOCIATION/ REGIONAL - $729,480 VISTOR'S GUIDE - $87,325 ADVERTISING - $41,901 2204573 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 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 13 0 1 20 1 1 1 0 0 0 0 0 0 0 X 24 24 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 X THE ORGANIZATION 5035814325 630 CENTER ST NE SALEM OR 97301 JAKE BRYANT PAST CHAIR 1.00 1.00 X X 0 0 0 AUSTIN MCGUIGAN CHAIR 1.00 1.00 X X 0 0 0 TOBY OLSEN DIRECTOR 1.00 X 0 0 0 DINO VENTI VICE CHAIR 1.00 1.00 X X 0 0 0 COURTNEY BUSCH DIRECTOR 1.00 X 0 0 0 COMM KEVIN CAMERON DIRECTOR 1.00 X 0 0 0 NANCY DESOUZA DIRECTOR 1.00 X 0 0 0 CHRISTOPHER HOLLAND DIRECTOR 1.00 X 0 0 0 SHAWN IRVINE DIRECTOR 1.00 X 0 0 0 JOHN PATACCOLI TREASURER 1.00 1.00 X X 0 0 0 YVONNE PUTZE DIRECTOR 1.00 X 0 0 0 ROCHELLE RAFN DIRECTOR 1.00 X 0 0 0 SCOTT SNYDER STPA 1.00 X 0 0 0 TJ SULLIVAN DIRECTOR 1.00 X 0 0 0 CHRIS NEIDER DIRECTOR 1.00 X 0 0 0 ALEX CASEBEER DIRECTOR 1.00 X 0 0 0 KRISTEN GRAINGER SECRETARY 1.00 1.00 X X 0 0 0 GREG LEO DIRECTOR 1.00 X 0 0 0 ANTHONY VELIZ DIRECTOR 1.00 X 0 0 0 CAROLE ASTLEY DIRECTOR 1.00 X 0 0 0 MICHELLE CORDOVA DIRECTOR 1.00 X 0 0 0 AURORA CORIA DIRECTOR 1.00 X 0 0 0 KIM GREWE-POWELL DIRECTOR 1.00 X 0 0 0 COUNCILOR JULIE HOY DIRECTOR 1.00 X 0 0 0 ANGIE VILLERY CEO & PRESIDENT 39.00 1.00 X 160797 0 19255 160797 0 19255 1 0 1 0 RICH DUNCAN CONSTRUCTION INC 2295 RURAL AVE SE SALEM OR 97302 BUILDING RENOVATIONS 1014191 1 60700 65714 65714 126414 PUBLIC SECTOR REVENUE 541800 1306065 1306065 SALEM TOURISM PROMOTIO 541800 973560 973560 FLY SALEM MARKET REVEN 541800 355000 355000 EVENTS 541800 47881 47881 POLK COUNTY DESTINATIO 541800 44500 44500 35464 35464 2762470 7165 7165 7564 1886 5678 5678 5678 INSURANCE SETTLEMENTS 541800 17998 17998 ADVERTISING REVENUE 541800 8675 8675 SAIF DIVIDEND AND MISC 541800 123 123 26796 2928523 2780591 14353 7165 29500 29500 206325 185693 20632 701577 691428 10149 13822 13598 224 94416 93176 1240 89447 86921 2526 4105 4105 41061 37647 3414 386613 385842 771 124285 117784 6501 49924 48642 1282 93550 88763 4787 102522 99987 2535 54194 48986 5208 35996 6823 29173 4309 2728 1581 SPECIAL EVENTS 94764 94260 504 LEVERAGE IN-KIND DONATI 65714 65714 REGISTRATION 49145 48644 501 AGILITY FUND 22500 22500 39147 35937 3210 2302916 2204573 98343 0 1647443 52292 1618453 415512 457899 6656 6956 51015 2179350 38695 1031951 2140655 43333 21666 92741 3237636 4348936 327808 104172 150 796376 1524483 1124184 1628805 X 836172 1250868 1277280 1469263 2113452 2720131 3237636 4348936 X 625607 -19226 298 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 275332 275332 1797321 10517 1786804 35065 21259 13806 71632 6919 64713 2140655 X 5271250 2343879 -1152 2342727 2928523 0 2928523 4645345 2343879 2343879 2301466 1450 1450 2302916 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND THEREFORE HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES REFLECTED IN THE FINANCIAL STATEMENTS. ACCOUNTING STANDARDS CODIFICATION (ASC 740) DOES NOT HAVE ANY SIGNIFICANT IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO POSSIBLE EXAMINATION BY THE TAXING AUTHORITIES UNTIL THE EXPIRATION OF THE RELATED STATUTES OF LIMITATIONS ON THOSE TAX RETURNS. IN GENERAL, THE FEDERAL AND STATE INCOME TAX RETURNS HAVE A THREE-YEAR STATUTE OF LIMITATIONS. THE ORGANIZATION WOULD RECOGNIZE ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX PROVISIONS, IF ANY, AS PART OF THE INCOME TAX PROVISION. PART XI, LINE 2D - OTHER ADJUSTMENTS: MEMEBER W/O DEDUCTED FROM INCOME -3,038. RENT EXPENSES INCLUDED IN INCOME 1,886. PART XII, LINE 4B - OTHER ADJUSTMENTS: MEMBER WRITE OFFS INCLUDED IN EXPENSES 3,038. RENT EXPENSES INCLUDED IN INCOME -1,588. 1 SASQUATCH SPORTS 8707 N J CT SPOKANE WA 99208 473200834 501(C)(3) 9500 0 TO SUPPORT THE TOURISM ECOSYSTEM BY PROMOTING THE 2022 CAPITOL CITY CLASSIC SPORTING EVENT TO INCREASE ROOM NIGHTS, THE AVERAGE DAILY RATES FOR SALEM HOTELIERS AND INCREASE REVENUE FOR LOCAL BUSINESSES. CAPITAL FUTBOL CLUB 1678 LIBERTY ST SE SALEM OR 97302 931069211 501(C)(3) 10000 0 TO SUPPORT THE TOURISM ECOSYSTEM BY PROMOTING THE 2022 CAPITOL FUTBOL CUP SPORTING EVENT TO INCREASE ROOM NIGHTS, THE AVERAGE DAILY RATES FOR SALEM HOTELIERS AND INCREASE REVENUE FOR LOCAL BUSINESSES. HOOPLA ASSOCIATION PO BOX 127 SALEM OR 97308 931272479 501(C)(4) 10000 0 TO SUPPORT THE TOURISM ECOSYSTEM BY PROMOTING THE HOOPLA TOURNAMENT TO INCREASE ROOM NIGHTS, THE AVERAGE DAILY RATES FOR SALEM HOTELIERS AND INCREASE REVENUE FOR LOCAL BUSINESSES. 2 1 PART I, LINE 2: GRANT RECIPIENTS ARE REQUIRED TO SUBMIT A FINAL REPORT WITHIN 60 DAYS OF THE EVENT THAT INCLUDES DETAILED REPORTING ON EVENT OR PROJECT PARTICIPATION AND HOW IT INCREASED THE NUMBER OF ROOM NIGHTS, LENGTH OF STAY, AND INCREASED ECONOMIC IMPACT FOR SALEM BUSINESSES. X X 0 0 0 ANGIE VILLERY CEO & PRESIDENT 140797 0 20000 0 0 0 4110 0 15145 0 180052 0 0 0 PART I, LINE 3 CEO COMPENSATION SET BY EXECUTIVE COMMITTEE. ANNUAL SALARY SURVEY CONDUCTED WITH COMPARABLE DMO'S. X WINE EXHIBIT 1 62000 MARKET VALUE X FOOD 2 1914 MARKET VALUE X WINE 5 1800 MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION NO LONGER HAS MEMBERS BUT WILL HAVE PARTNERS THAT ARE INDIVIDUALS OR ENTITIES THAT ARE SUPPORTIVE OF THE PURPOSES OF THE ASSOCIATION. PARTNERS HAVE NO REAL OR IMPLIED RIGHT, TITLE, OR INTEREST IN THE ASSETS OF THE ASSOCIATION AND CAN BE TERMINATED AT ANY TIME FOR REASONABLE CAUSE. THE ORGANIZATION EXPANDED ITS INDEMNIFICATION SECTION FOR DETAILED CLARIFICATION. FORM 990, PART VI, SECTION B, LINE 11B CEO REVIEWS IN CONJUNCTION WITH CPA FIRM. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD OF DIRECTORS MEMBERS SIGN A CONFLICT OF INTEREST POLICY WHEN AGREEING TO SERVE A TERM. THIS IS REVIEWED ANNUALLY BY THE CEO. FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION SET BY THE EXECUTIVE COMMITTEE; ALIGNS WITH DMO COMP SET. KEY EMPLOYEE COMPENSATION DETERMINED USING COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. FORM 990, PART XI, LINE 9: OR TAXES ON UBI 298. CULTIVATING COMMUNITIES 630 STATE STREET NE SALEM OR 97301 273150456 TOURISM EDUCATION OR 501(C)(3) YES 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0