2024-06-14T09:18:14-05:00 2023-12-31 742900215 MAXWELL LOCKE & RITTER LLP 401 CONGRESS AVENUE SUITE 1100 AUSTIN TX 787019682 990 2023-01-01 742148447 AUSTIN AREA RESEARCH ORGANIZATION AUST 5124774000 114 W SEVENTH STREET 800 AUSTIN TX 787013040 SANDRA GUZMAN PRESIDENT & CEO 5124774000 2024-06-06 1 SANDRA GUZMAN 999009999 0 SHANNON PETERSON P01281287 5123703200 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z AARO SANDRA GUZMAN 114 W SEVENTH STREET 800 AUSTIN TX 787013040 946781 0 X WWW.AAROREGION.COM X 1980 TX AARO ENGAGES ITS 122 MEMBERS IN DELIBERATIVE, STRATEGIC ACTIVITIES TO ADVANCE THE LONG-TERMECONOMIC AND SOCIAL WELL-BEING OF CENTRAL TEXAS. IN 2023, AARO ENGAGED ITS MEMBERS IN EFFORTS IN FIVE PRIORITY AREAS: EDUCATION, HEALTH, SOCIAL EQUITY, TRANSPORTATION AND WATER. 15 15 4 140 0 0 681614 806412 36579 107810 11395 31052 1216 747 730804 946021 200020 0 0 0 378182 428211 0 0 36272 301418 509744 879620 937955 -148816 8066 1505518 1480846 682679 621772 822839 859074 X AARO, A NON-PARTISAN THOUGHT LEADER FOR CENTRAL TEXAS, HAS WORKED BEHIND THE SCENES ON CRITICAL REGIONAL ISSUES SINCE 1980. THE MEMBERSHIP IS AN INTENTIONALLY DIVERSE GROUP OF CENTRAL TEXAS LEADERS DRAWN FROM BUSINESS, INDUSTRY, EDUCATION, HEALTH CARE, REAL ESTATE, NONPROFITS AND FOUNDATIONS. IN 2023, AARO HOSTED OVER 50 PROGRAMS ALLOWING MEMBERS TO ENGAGE IN SUBSTANTIVE AND FRANK CONVERSATIONS AROUND CRITICAL ISSUES FOR THE CENTRAL TEXAS REGION. MOST COMMITTEE MEETINGS WERE HELD IN A HYBRID FORMAT WHILE MEMBERSHIP MEETINGS AND THE ANNUAL MEETING WERE HELD IN PERSON. COMMITTEES CONTINUED THEIR EXPLORATION OF BBQS (BIG BEAUTIFUL QUESTIONS) AND THE VISION COMMITTEE COMMISSIONED AND OVER SAW RESEARCH BOARD EXPLORED THE CONCEPT OF AN AARO SUMMIT OPEN TO MEMBERS AND NON-MEMBERS. IN ADDITION, AARO PROVIDED TEN EXCEPTIONAL CENTRAL TEXAS LEADERS THE OPPORTUNITY TO PARTICIPATE IN AARO'S ACTIVITIES THROUGH THE MCBEE FELLOWSHIP PROGRAM. 0 0 153244 0 0 PROVIDED INFORMATION ON CRITICAL ISSUES IN 6 PRIORITY AREAS: EDUCATION, HEALTH, SOCIAL EQUITY, TRANSPORTATION, VISION (REGIONALISM) AND WATER BY HOSTING PROGRAMS FEATURING CONTENT EXPERTS AND PROVIDING WRITTEN MATERIALS TO MEMBERS. THIS INCLUDED FIVE MEMBERSHIP MEETINGS AND MORE THAN 50 ISSUE-RELATED MEETINGS IN WHICH MEMBERS WERE FORTIFIED WITH FACTS TO ALLOW THEM TO UNDERSTAND COMPLEX ISSUES AND EDUCATE OTHERS IN THEIR COMMUNITIES ABOUT CRITICAL POLICY ISSUES FACING THE REGION. 131123 0 108557 LAUNCHED THE ANNUAL CENTRAL TEXAS CATALYST SUMMIT. A PREMIER, BY-INVITATION-ONLY EVENT THAT BROUGHT TOGETHER 150 LEADERS FROM THE SIX-COUNTY REGION WHO ARE ENGAGED IN ADDRESSING POLICY CHALLENGES IMPACTING BUSINESS, GOVERNMENT AND NON-PROFIT INSTITUTIONS AND COMMUNITIES THROUGHOUT THE REGION. A FULL DAY EVENT FACILITATING DISCUSSIONS TOPICS THAT THREAD THROUGH THE MOST PRESSING OF THESE CHALLENGES, FROM HOUSING AND EQUITY TO MOBILITY AND THE ENVIRONMENT. ATTENDEES WERE THE FIRST TO SEE THE ENVISION CENTRAL TEXAS LOOKBACK RESEARCH AND THEY PARTICIPATED IN INTERACTIVE WORKSHOPS, HEARD FROM THOUGHT PROVOKING SPEAKERS AND NETWORKED TO EXPLORE HOW TO MOVE THE NEEDLE FORWARD FOR OUR REGION. 184169 0 0 AARO COMMISSIONED A QUALITATIVE AND QUANTITATIVE STUDY THAT, COMBINED, WERE DESIGNED TO DELIVER A COMPREHENSIVE AND INFORMED PERSPECTIVE ON THE INTRICATE DYNAMICS OF THE REGION'S GROWTH OVER THE PAST TWO DECADES AND BEGIN TO CHART A COURSE FORWARD. THE LOOKBACK TO ROADMAP QUALITATIVE RESEARCH STUDY SOUGHT TO GLEAN INSIGHTS FROM LEADERS IN CENTRAL TEXAS CONCERNING GROWTH CHALLENGES AND REGIONAL COLLABORATION. AARO'S ENVISION CENTRAL TEXAS: LOOKING BACK AND GLANCING FORWARD REPORT ASSESSES THE REGION'S GROWTH FROM 2001 TO 2021, COMPARING IT WITH THE PROJECTED GROWTH SCENARIOS THAT EMANATED FROM A REGIONAL VISIONING PROCESS KNOWN AS ENVISION CENTRAL TEXAS (ECT), AND EXTENDING THE ANALYSIS TO INCLUDE ADDITIONAL METRICS AND CONSIDERATIONS FOR FUTURE DECADES. 468536 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 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 0 0 0 1 12 0 1 4 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 1 0 X SANDRA GUZMAN 5124774000 114 W SEVENTH STREET SUITE 800 AUSTIN TX 78701 SANDY DOCHEN CHAIR 10.00 X X 0 0 0 JEFFREY RICHARD CHAIR-ELECT 3.00 X X 0 0 0 JEFF HAHN IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 DARRICK MCGILL TREASURER 1.00 X X 0 0 0 MARK ESTRADA SOCIAL EQUITY COMMITTEE CHAIR 1.00 X 0 0 0 MICHELLE EARLEY TRANSPORTATION COMMITTEE CHAIR 1.00 X 0 0 0 FAYRUZ BENUSEF AT-LARGE, MCBEE LIAISON 2.00 X 0 0 0 DAVID SMITH AT-LARGE 1.00 X 0 0 0 KRISTIE GONZALES AT-LARGE 1.00 X 0 0 0 MARC RODRIGUEZ AT-LARGE 1.00 X 0 0 0 THOMAS MIRANDA MEMBER RELATIONS CHAIR 1.00 X 0 0 0 SARAH CHURCHILL LLAMAS HEALTH CARE COMMITTEE CHAIR 1.00 X 0 0 0 KERRY HALL EDUCATION COMMITTEE CHAIR 1.00 X 0 0 0 TAMARA ATKINSON VISION COMMITTEE CHAIR 2.00 X 0 0 0 DONNA KLAEGER WATER COMMITTEE CHAIR 3.00 X 0 0 0 SANDRA GUZMAN PRESIDENT & CEO 40.00 X 186720 0 14207 CYNTHIA SANCHEZ BOARD SECRETARY AND PROGRAM DIRECTOR 1.00 X 86940 0 11213 273660 0 25420 1 0 1 0 0 780822 25590 806412 SUMMIT 900100 107810 107810 107810 30665 30665 1147 760 387 387 387 MISCELLANEOUS REVENUE 900099 747 747 747 946021 108557 0 31052 300622 205284 88295 7043 89842 8939 80229 674 1497 269 1198 30 9289 1672 7617 26961 15790 10597 574 86045 86045 4139 4139 1523 1252 271 20226 4689 14912 625 31052 31052 121175 11992 103187 5996 3495 3495 137096 137096 4526 453 3847 226 1716 1716 RESEARCH AND PROGRAM NO 76300 76300 BAD DEBTS 16965 16965 TC MCBEE SCHOLARSHIPS 4800 4800 BOOKS & SUBSCRIPTION 686 686 937955 468536 433147 36272 102846 311232 591217 324550 371521 394577 542 114929 109204 8402 5725 431532 444220 1505518 1480846 10534 34022 672145 587750 682679 621772 X 301922 322882 520917 536192 822839 859074 1505518 1480846 8066 28169 0 X 0 0 0 X 591302 748470 911188 681614 806412 3738986 591302 748470 911188 681614 806412 3738986 123827 3615159 8644 8177 10281 9937 30665 67704 1216 747 1963 3808653 269299 0.94920 0.95080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 431532 27500 134968 147280 446720 566204 7244 141916 431532 326068 197350 46758 3972 566204 288051 8100 32533 2616 326068 231484 12750 46594 2777 288051 0.64701 0.35299 1 0 63602 63602 0 51327 45602 5725 5725 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 444220 444220 PART V, LINE 4: AARO TRANSFERRED $25,000 TO AUSTIN COMMUNITY FOUNDATION WITH THE INTENT TO GROW THAT FUND SO THAT IN THE FUTURE, IT COULD SPIN OFF INCOME TO HELP FUND AARO RESEARCH. FROM 2010 THROUGH 2013 DUES PAYMENTS FROM ASSOCIATE MEMBERS WERE DEPOSITED IN THE QUASI-ENDOWMENT FUND. STARTING IN 2014, ONLY CONTRIBUTIONS SPECIFICALLY EARMARKED FOR THE FUND WERE DEPOSITED IN THE ACCOUNT. X X X X 0 0 0 0 0 0 0 0 0 SANDRA GUZMAN PRESIDENT & CEO 174720 0 12000 0 0 0 5602 0 8605 0 200927 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE TOTAL NUMBER OF DIRECTORS SHALL BE DESIGNATED BY THE BOARD OF DIRECTORS FROM TIME TO TIME BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS, BUT IN NO EVENT SHALL THE NUMBER BE LESS THAN THIRTEEN (13) OR MORE THAN SEVENTEEN (17), OR INCLUDE FEWER THAN FOUR (4) AT LARGE DIRECTORS. THE BOARD OF DIRECTORS SHALL CONSIST OF THE FOLLOWING THREE GROUPS: (A) THE CHAIR, CHAIR-ELECT, PAST-CHAIR, AND TREASURER (THE "EXECUTIVE COMMITTEE"); (B) THE CHAIR OF EACH OF THE CORPORATION'S STANDING COMMITTEES (THE "COMMITTEE CHAIRS"); AND (C) SUCH OTHER PERSONS APPOINTED AS DIRECTORS IN ACCORDANCE WITH THESE BYLAWS (THE "AT LARGE DIRECTORS"). FORM 990, PART VI, SECTION A, LINE 6 AARO'S ACTIVE MEMBERSHIP IS CAPPED AT 130: NO LESS THAN 30 MEMBERS WITH AT LEAST TWO OF THE FOLLOWING QUALIFICATIONS: (A) LIVE IN A COUNTY OTHER THAN TRAVIS COUNTY; (B) HAVE SIGNIFICANT BUSINESS INTERESTS IN A COUNTY OTHER THAN TRAVIS COUNTY; (C) BE CIVICALLY ENGAGED IN A COUNTY OTHER THAN TRAVIS COUNTY. IN ADDITION, SUSTAINING MEMBERS ARE INDIVIDUALS FORMERLY IN THE ACTIVE MEMBERSHIP CATEGORY WHO ARE RETIRED OR SEMI-RETIRED FROM BUSINESS. FORM 990, PART VI, SECTION A, LINE 7A THE AFOREMENTIONED MEMBERS (ABOVE) ELECT A SLATE OF OFFICERS EACH YEAR. THE MEMBER RELATIONS TEAM PREPARES THE OFFICERS SLATE. FORM 990, PART VI, SECTION A, LINE 7B IF A DECISION IS TIME-SENSITIVE, THE GOVERNING BODY IS AUTHORIZED TO TAKE ACTION. OTHERWISE, SUCH DECISIONS ARE SUBJECT TO APPROVAL BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETE FORM 990 AND HIGHLIGHTS ARE PRESENTED AT THE BOARD MEETING. CHANGES FROM PREVIOUS YEARS ARE HIGHLIGHTED. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO THE START OF EACH MEETING, THE COMMITTEE CHAIR REMINDS THOSE IN ATTENDANCE TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST AND REFRAIN FROM VOTING ON MATTERS RELATED TO A POTENTIAL CONFLICT. ALSO, THIS REMINDER IS IN WRITING ON A CARD AT EACH PERSON'S SEAT. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE BOARD GOES INTO EXECUTIVE SESSION TO REVIEW CEO COMPENSATION AND BENEFITS FOR SIMILAR POSITIONS IN ORGANIZATIONS SIMILAR TO AARO. THE DECISION BY THE BOARD IS INCORPORATED INTO THE ANNUAL BUDGET APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.