2024-09-04T18:48:16-05:00 2024-04-30 450250958 EIDE BAILLY LLP 10681 FOOTHILL BLVD STE 300 RANCHO CUCAMONGA CA 917303831 990 2023-05-01 951725190 PASADENA TOURNAMENT OF ROSES ASSOCIATION PASA 6264494100 391 SOUTH ORANGE GROVE BLVD PASADENA CA 91184 DAVID M EADS CEO 6264494100 2024-08-28 1 0 CATHERINE L GRAY CPA P01294460 9094664410 2024-08-28 2023 2024-08-08 14:25:15Z DAVID M EADS 391 S ORANGE GROVE BLVD PASADENA CA 91105 283549424 0 X WWW.TOURNAMENTOFROSES.COM X 1895 CA BRINGING PEOPLE TOGETHER TO CREATE PREMIERE EVENTS AND ENTERTAINMENT CELEBRATING THE NEW YEAR. 53 52 41 935 0 0 171645 259382 110020804 148100352 121344 285441 806971 147344 111120764 148792519 84406021 120446411 0 0 4347848 4860354 0 0 0 22853109 22519346 111606978 147826111 -486214 966408 67987310 69066358 22847925 20205539 45139385 48860819 X AS A VOLUNTEER-DRIVEN NONPROFIT ORGANIZATION, THE TOURNAMENT OF ROSES ASSOCIATION BRINGS PEOPLE TOGETHER TO CREATE PREMIERE EVENTS AND ENTERTAINMENT CELEBRATING THE NEW YEAR. THE TOURNAMENT OF ROSES ENRICHES THE LIVES OF THE MANY PEOPLE AND ORGANIZATIONS IT TOUCHES BY PROVIDING SATISFYING, MEANINGFUL, AND REWARDING EXPERIENCES. 0 0 129600651 119961208 140419093 ROSE BOWL GAME - THE ASSOCIATION, WITH ITS VOLUNTEER MEMBERSHIP, ORGANIZES AND CONDUCTS THE ANNUAL COLLEGIATE POSTSEASON FOOTBALL ROSE BOWL GAME ON NEW YEAR'S DAY. ON JANUARY 1, 2024, THE ASSOCIATION HOSTED THE COLLEGE FOOTBALL PLAYOFF SEMIFINAL AT THE ROSE BOWL GAME ("CFP GAME").THE CFP GAME SHOWCASED TWO OF THE COUNTRY'S TOP FOUR COLLEGIATE TEAMS IN A POST-SEASON MATCH UP, INCLUDING THE #1 AND #4 TEAMS, IN FRONT OF APPROXIMATELY 87,000 LIVE VIEWERS. THE GAME WAS ALSO TELEVISED LIVE ON ESPN TO OVER 19 MILLION VIEWERS. 11795050 485203 5195890 ROSE PARADE - THE ASSOCIATION WITH ITS VOLUNTEER MEMBERSHIP, ORGANIZES AND CONDUCTS THE ANNUAL ROSE PARADE ON NEW YEAR'S DAY. SINCE 1889, THE ASSOCIATION HAS STAGED THIS PREMIERE EVENT THAT SHOWCASES MARCHING BANDS AND EQUESTRIAN UNITS FROM AROUND THE WORLD IN ADDITION TO THE TRADITION AND PAGEANTRY OF ITS MAGNIFICENT FLORAL FLOATS. 2359035 2507174 OTHER ASSOCIATION EVENTS - THE ASSOCIATION, IN ITS EFFORTS TO PROMOTE THE CITY OF PASASDENA, ITS SURROUNDING COMMUNITIES AND ITS CULTURE, ORGANIZES SEVERAL EVENTS RELATING TO THE ROSE PARADE AND ROSE BOWL GAME. THESE EVENTS CONSIST OF FLOATFEST ,(VIEWING OF THE FLOATS ON CITY STREETS AFTER THE PARADE IS ENDED), FLOAT DECORATING (VIEWING OF THE FLOATS IN THE FINAL DECORATION STAGES), BANDFEST (SHOWCASE OF THE ROSE PARADE BANDS AT PASADENA CITY COLLEGE), EQUESTFEST (SHOWCASE OF THE ROSE PARADE EQUESTRIAN UNITS AT THE LA EQUESTRIAN CENTER), ROSE QUEEN ANNOUNCEMENT AND CORONATION CEREMONY, AND THE GRANDADDY TAILGATE. IT IS THE INTENT OF THE ASSOCIATION TO PROVIDE AN ENVIROMENT IN WHICH THE BENEFITS FROM THE PARTICIPATION AND CONTRIBUTION OF A SOCIALLY, CULTURALLY DIVERSE MEMBERSHIP, THAT IS REPRESENTATIVE OF THE GREATER COMMUNITY, ARE REFLECTED IN ITS ORGANIZATION, STRUCTURE, EVENTS, AND ACTIVITIES. 143754736 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 65 0 1 41 1 0 0 0 0 0 0 0 0 0 0 0 0 X 53 52 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X DAVID M EADS CEO 6264494100 391 SOUTH ORANGE GROVE BLVD PASADENA CA 91184 DAVID M EADS CEO 40.00 X 421887 0 50529 KEVIN R ASH CAO - ROSE BOWL GAME 40.00 X 250610 0 41878 JEFFREY J ALLEN CHIEF FINANCIAL OFFICER 40.00 X 245147 0 38745 ERIC SOLOMON SENIOR DIRECTOR - STRATEGIC PARTNERSHIPS 40.00 X 192694 0 19482 MANDY DENAUX SENIOR DIRECTOR - MARKETING & COMMUNICATIONS 40.00 X 156584 0 22143 JOHN HENDERSON SENIOR DIRECTOR - OPERATIONS 40.00 X 167599 0 27809 CARLOS ILLINGWORTH SENIOR DIRECTOR - COMMUNITY RELATIONS 40.00 X 156547 0 19590 TRACI RIDLING SENIOR DIRECTOR - FACILITIES & PROCUREMENT 40.00 X 128420 0 22558 BRITTANY GRANT SENIOR DIRECTOR - TEAM & VIP OPER;ATIONS 40.00 X 134349 0 20136 MONIQUE SIMS SENIOR DIRECTOR - PARTNER RELATIONS 40.00 X 140584 0 19621 KEVIN ASBELL CHIEF OPERATING OFFICER AUG-APR 40.00 X 62041 0 2738 EDWARD J MORALES PRESIDENT 2.00 X X 0 0 0 MARK LEAVENS EXECUTIVE VICE PRESIDENT 2.00 X X 0 0 0 TERRY MADIGAN TREASURER 2.00 X X 0 0 0 PAMELA S KNAPP SECRETARY 2.00 X X 0 0 0 ALEX P AGHAJANIAN IMMEDIATE PAST PRESIDENT 2.00 X X 0 0 0 CRAIG WASHINGTON VICE PRESIDENT 2.00 X 0 0 0 JASON C MELILLO VICE PRESIDENT 2.00 X 0 0 0 RUTH MARTINEZ-BAENEN VICE PRESIDENT 2.00 X 0 0 0 GREG CUSTER VICE PRESIDENT 2.00 X 0 0 0 STEVE ARELLANO EXECUTIVE COMMITTEE 2.00 X 0 0 0 CHARLOTTE BLAND EXECUTIVE COMMITTEE 2.00 X 0 0 0 ALAIN CAMILING EXECUTIVE COMMITTEE 2.00 X 0 0 0 STEVE DARDEN EXECUTIVE COMMITTEE 2.00 X 0 0 0 REGINA MAJOR EXECUTIVE COMMITTEE 2.00 X 0 0 0 RAFAEL SANCHEZ III EXECUTIVE COMMITTEE 2.00 X 0 0 0 EVE SANTILLAN EXECUTIVE COMMITTEE 2.00 X 0 0 0 MELISSA BAIUNCO-AUGUSTYN DIRECTOR 2.00 X 0 0 0 JAY BROWN DIRECTOR 2.00 X 0 0 0 ERNESTO CARDENAS DIRECTOR 2.00 X 0 0 0 JAMES D CIAMPA DIRECTOR 2.00 X 0 0 0 AMY GARRITY DIRECTOR 2.00 X 0 0 0 CIRAN HADJIAN DIRECTOR 2.00 X 0 0 0 BRIAN JAMES DIRECTOR 2.00 X 0 0 0 GARY LEONARD DIRECTOR 2.00 X 0 0 0 DAVE LINK DIRECTOR 2.00 X 0 0 0 TINA LOWENTHAL DIRECTOR 2.00 X 0 0 0 SHANNON MCCONNELL DIRECTOR 2.00 X 0 0 0 TOM MCENTEE DIRECTOR 2.00 X 0 0 0 KIRKLAND OGAWA DIRECTOR 2.00 X 0 0 0 KATHY PERINI DIRECTOR 2.00 X 0 0 0 STEVE R PERRY DIRECTOR 2.00 X 0 0 0 KIRK THORELL DIRECTOR 2.00 X 0 0 0 SALLY M BIXBY LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 LORNE J BROWN LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 ROBERT L CHENEY LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 RICHARD L CHINEN LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 DAVID M DAVIS LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 LAURA V FARBER LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 DON FEDDE LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 GERALD K FREENY LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 WH GRIEST JR LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 GARY K HAYWARD LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 PAUL HOLMAN LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 RICHARD W JACKSON LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 R SCOTT JENKINS LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 CL KEEDY III LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 IRA MATTHIESSEN III LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 ROBERT B MILLER LIFE DIRECTOR - PAST PRESI 2.00 X 0 0 0 RONALD A OKUM LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 ROBERT B RATLIFF LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 GARY L THOMAS LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 LANCE M TIBBET LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 JEFFREY L THROOP LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 AMY WAINSCOTT LIFE DIRECTOR (PAST PRESIDENT) 2.00 X X 0 0 0 ELIZABETH EVANS WRIGHT LIFE DIRECTOR (PAST PRES.) 2.00 X 0 0 0 2056462 0 285229 11 0 1 0 ROSE BOWL OPERATING CO 1001 ROSE BOWL DRIVE PASADENA CA 91103 EVENT SERVICES, SUITE RENTALS 2642616 CITY OF PASADENA 100 N GARFIELD AVENUE PASADENA CA 91109 MLA, CITY EXPENSES/SERVICES 2529033 CONTEMPORARY SERVICES CORPORATION PO BOX 748615 LOS ANGELES CA 90074 SECURITY, CROWD MANAGEMENT 834820 SCHERBERT INC DBA SQUADRON 680 E COLORADO BLVD SUITE 2112 PASADENA CA 91101 BROADCAST STREAMING PRODUCTION 647911 GOLD COAST TOURS 105 GEMINI AVE BREA CA 92821 TRANSPORTATION 519521 40 56325 45000 158057 259382 ROSE BOWL GAME 711210 140419093 140419093 TICKETS - COMMITTEES 900099 3396672 3396672 SPONSORSHIPS - GENERAL 900099 1352902 1352902 GRANDSTANDS 711300 974783 974783 PARADE PARTICIPANT FEES 900099 569750 569750 1387152 1387152 148100352 667243 667243 125539 125539 134325251 134707053 -381802 -381802 -381802 71657 49852 21805 21805 148792519 148122157 0 410980 120359186 120359186 87225 87225 1899963 1308658 591305 2124159 1085310 1038849 218559 132423 86136 349907 212006 137901 267766 162237 105529 72204 11968 60236 47800 10700 37100 116913 116913 148000 148000 202807 202807 275020 275020 147390 147390 871134 811125 60009 399725 399725 4476 4476 165061 165061 551053 131440 419613 845805 486524 359281 OTHER OUTSIDE SERVICES 7234935 7191831 43104 EQUIPMENT RENTAL & MAIN 3270137 3136464 133673 FOOD SERVICES 2521196 2521196 SECURITY 1573361 1573361 4072329 3503054 569275 147826111 143754736 4071375 0 704697 2303176 1043933 455163 201359 261732 610467 626799 33951920 12939979 21273175 21011941 24912520 27044945 3185881 3473006 16055278 13889596 67987310 69066358 1462472 1738308 179300 159315 573870 322579 4536037 4080775 16096246 13904562 22847925 20205539 X 44706066 48336607 433319 524212 45139385 48860819 67987310 69066358 966408 2755026 0 X 0 1 X 1 0 X 126400 593000 166235 171645 259382 1316662 99840603 105054057 105152270 110049383 148100532 568196845 99967003 105647057 105318505 110221028 148359914 569513507 0 0 0 569513507 657735 515791 755685 796075 792782 3518068 657735 515791 755685 796075 792782 3518068 624249 558361 1182610 100624738 106787097 106074190 111575464 149152696 574214185 0.99180 0.99150 0.00610 0.00630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6527003 650 1350177 7877830 6518526 18000 -9523 6527003 6926474 -373769 34179 6518526 5043457 1912308 29291 6926474 4926375 500 138844 22262 5043457 0.93620 0.06380 0 0 11310275 11310275 13306076 4515571 8790505 484132 311418 172714 8851437 8112990 738447 21011941 MONEY MARKET ACCOUNTS 3473006 F 3473006 INTEREST RECEIVABLE 64883 EMPLOYEE RETENTION CREDIT RECEIVABLE 558361 OPERATING LEASE RIGHT-OF-USE ASSETS 12992743 NOTES RECEIVABLE 273609 13889596 CAPITAL IMPROVEMENTS TRUST FUND 370692 OPERATING LEASE LIABILITIES, LESS CURRENT MATURITIES 13533870 13904562 X 151961135 2755026 480651 3235677 148725458 116913 -49852 67061 148792519 148239701 480651 480651 147759050 116913 -49852 67061 147826111 PART V, LINE 4: TO PERPETUATE THE BEAUTY AND TRADITION OF THE TOURNAMENT OF ROSES PARADE. PART X, LINE 2: MANAGEMENT BELIEVES THAT THE TOURNAMENT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE ASSOCIATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 4B - OTHER ADJUSTMENTS: COSTS OF GOODS SOLD - AS REPORTED ON FORM 990, PART VIII. LINE 10B -49,852. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD - AS REPORTED ON FORM 990, PART VIII. LINE 10B -49,852. 1 COLLEGE FOOTBALL PLAYOFF ESCROW 5901 COLLEGE BLVD SUITE 200 OVERLAND PARK KS 66211 951725190 EDUCATIONAL 120059981 0 ACTUAL AMOUNT CFP DISTRIBUTION NATIONAL FOOTBALL FOUNDATION 433 LAS COLINAS BLVD EAST 1130 IRVING TX 75039 221508812 501(C)(3) 15000 0 ACTUAL AMOUNT EVENT SPONSORSHIP NATIONAL FOOTBALL FOUNDATION PASADENA PO BOX 93396 CITY OF INDUSTRY CA 91715 221508812 501(C)(3) 6250 0 ACTUAL AMOUNT SCHOLARSHIPS PACIFIC CREST YOUTH ARTS ORG PO BOX 5409 DIAMOND BAR CA 91765 954424023 501(C)(3) 5000 0 ACTUAL AMOUNT EVENT SPONSORSHIP PASADENA CHAMBER OF COMMERCE 44 N MENTOR AVE PASADENA CA 91106 741188767 501(C)(3) 5000 0 ACTUAL AMOUNT EVENT SPONSORSHIP PASADENA CITY COLLEGE 1570 E COLORADO BLVD CDC 204 PASADENA CA 91106 953434226 GOVERNMENTAL ENTITY 5015 0 ACTUAL AMOUNT PLEDGE PASADENA EDUCATION FOUNDATION 351 S HUDSON AVE ROOM 153 PASADENA CA 91101 237149451 501(C)(3) 25500 0 ACTUAL AMOUNT TEACHER GRANTS PASADENA MLK COMMUNITY COALITION PO BOX 94268 PASADENA CA 91109 300873714 501(C)(3) 5000 0 ACTUAL AMOUNT EVENT SPONSORSHIP PASADENA MUSEUM OF HISTORY 470 W WALNUT ST PASADENA CA 91103 956133954 501(C)(3) 5000 0 ACTUAL AMOUNT PLEDGE PASADENA RECREATION AND PARKS FOUNDATION 1020 N FAIR OAKS AVENUE PASADENA CA 91109 953458184 501(C)(3) 5000 0 ACTUAL AMOUNT EVENT SPONSORSHIP PASADENA TOURNAMENT OF ROSES FOUNDATION 391 S ORANGE GROVE BLVD PASADENA CA 91184 953915725 501(C)(3) 60953 0 ACTUAL AMOUNT ANNUAL CONTRIBUTION 34 17 ROSE SCHOLAR PROGRAM 8 20000 ROYAL COURT SCHOLAR PROGRAM 7 52500 DIA DE LOS MUERTOS SCHOLAR PROGRAM 9 4725 KEITH JACKSON SCHOLARSHIP 1 10000 PART I, LINE 2: THE PASADENA TOURNAMENT OF ROSES ASSOCIATION (THE TOURNAMENT) DISBURSED FUNDS TO THE COLLEGE FOOTHILL PLAYOFF (THE CFP) PER CONTRACT. THE TOURNAMENT DISBURSES SCHOLARSHIP FUNDS TO THE ROYAL COURT MEMBERS, WHO ARE SCREENED AND SELECTED BY AN ELECTION COMMITTEE. FUNDS ARE ALSO DISBURSED TO SUPPORT LOCAL COMMUNITY ACTIVITIES AS IDENTIFIED BY A STANDING SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE AND BY THE COMMUNITY RELATIONS DEPARTMENT. THE TOURNAMENT ALSO DISBURSED COLLEGE SCHOLARSHIPS THROUGH PROGRAMS DEVELOPED BY GAME MANAGEMENT AND COMMUNITY RELATIONS. X X X 1 1 X X X X X 0 0 0 1 0 0 0 0 0 DAVID M EADS CEO 396650 0 19700 0 5537 0 33406 0 17123 0 472416 0 0 0 KEVIN R ASH CAO - ROSE BOWL GAME 235508 0 11517 0 3585 0 24555 0 17323 0 292488 0 0 0 JEFFREY J ALLEN CHIEF FINANCIAL OFFICER 230463 0 11426 0 3258 0 24168 0 14577 0 283892 0 0 0 ERIC SOLOMON SENIOR DIRECTOR - STRATEGIC PARTNERS 140316 0 49028 0 3350 0 11385 0 8097 0 212176 0 0 0 MANDY DENAUX SENIOR DIRECTOR - MARKETING & COMMUN 146641 0 7265 0 2678 0 12377 0 9766 0 178727 0 0 0 JOHN HENDERSON SENIOR DIRECTOR - OPERATIONS 157417 0 7781 0 2401 0 13844 0 13965 0 195408 0 0 0 CARLOS ILLINGWORTH SENIOR DIRECTOR - COMMUNITY RELATION 141491 0 12592 0 2464 0 11676 0 7914 0 176137 0 0 0 TRACI RIDLING SENIOR DIRECTOR - FACILITIES & PROCU 119112 0 5828 0 3480 0 9846 0 12712 0 150978 0 0 0 BRITTANY GRANT SENIOR DIRECTOR - TEAM & VIP OPER;AT 125734 0 6215 0 2400 0 9205 0 10931 0 154485 0 0 0 MONIQUE SIMS SENIOR DIRECTOR - PARTNER RELATIONS 131269 0 6500 0 2815 0 10476 0 9145 0 160205 0 0 0 PART I, LINE 5 ERIC SOLOMON, SR. DIR. - STRATEGIC PARTNERSHIPS, EARNS A COMMISSION ON NEW SPONSORSHIPS AND CERTAIN SPONSORSHIP RENEWALS, NET OF EXPENSES. FOR CALENDAR YEAR 2023, SOLOMON RECEIVED $42,120 IN COMMISSION. FORM 990, SCHEDULE J, PART I, LINE 1A: SPOUSES AND OTHERS TRAVELING WITH ASSOCIATION REPRESENTATIVES ON ELECTIVE, NONESSENTIAL BASIS, MAY SHARE HOTEL ROOMS AND BE INCLUDED, WHEN APPROPRIATE, AT OFFICIAL ENTERTAINMENT FUNCTIONS. THE VOLUNTEER OR STAFF MEMBER TRAVELING SHALL BE RESPONSIBLE FOR REIMBURSING THE ASSOCIATION FOR ANY AIRFARE, MEALS, AND OTHER PERSONAL EXPENSES WHEN APPROPRIATE. THE PRESIDENT OF THE ASSOCIATION MAKES SEVERAL TRIPS PER YEAR, MOSTLY VISITS TO PARTICIPATING BANDS, TO HELP PROMOTE A BAND'S PARTICIPATION IN THE UPCOMING ROSE PARADE TO HELP THE BAND FUND RAISE. THE PRESIDENT AND SPOUSE MAY TRAVEL FIRST CLASS AT THE ASSOCIATION'S EXPENSE FOR ALL BUSINESS TRAVEL. CERTAIN OTHER TRIPS ARE DEEMED APPROPRIATE FOR THE SPOUSE TO ACCOMPANY THE TRAVELING VOLUNTEER OR EMPLOYEE AND IN SUCH INSTANCES, THE ASSOCIATION WILL PAY FOR SUCH TRAVEL. NO OTHER PERSONS ARE ALLOWED TO FLY FIRST CLASS UNLESS SUCH PERSONS ARE FLYING IN SUBSTITUTION FOR THE PRESIDENT TO A BAND VISIT. ALL SUCH TRAVELS ARE IN ACCORDANCE WITH WRITTEN POLICIES. THE ASSOCIATION PAYS THE DUES TO THE UNIVERSITY CLUB OF PASADENA ON BEHALF OF THE CEO. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS DELEGATES THE POWER OF AUTHORITY TO THE EXECUTIVE COMMITTEE ON AN ANNUAL BASIS IN ACCORDANCE WITH THE ASSOCIATION BYLAWS. THE EXECUTIVE COMMITTEE THEN HAS THE AUTHORITY TO CARRY OUT THE GOVERNANCE OF THE ASSOCIATION AS OUTLINED IN THE ASSOCIATION BYLAWS. FORM 990, PART VI, SECTION A, LINE 6 THE PASADENA TOURNAMENT OF ROSES ASSOCIATION CONSISTS OF UP TO 935 ACTIVE VOLUNTEER MEMBERS, WHICH INCLUDE THE MEMBERS OF THE BOARD OF DIRECTORS AND EXECUTIVE COMMITTEE. ACTIVE MEMBERSHIP CONSISTS OF THREE CLASSES INCLUDING REGULAR MEMBERS, ASSOCIATE MEMBERS AND PROVISIONAL ASSOCIATE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A EACH REGULAR MEMBER IN GOOD STANDING, WHICH INCLUDES THE BOARD OF DIRECTORS AND THE EXECUTIVE COMMITTEE, SHALL BE ENTITLED TO CAST ONE VOTE TO ELECT OR REMOVE A DIRECTOR OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS HAS THE AUTHORITY TO MANAGE THE ASSOCIATION BUT MAY ONLY AMEND THE ASSOCIATION'S ARTICLES OF INCORPORATION, AMEND/APPEAL/ADOPT THE ASSOCIATION'S BYLAWS OR ELECT TO DISSOLVE THE ASSOCIATION, SUBJECT TO THE APPROVAL OF THE REGULAR MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B DRAFT TAX FILINGS, INCLUDING FORM 990, ARE REVIEWED BY THE AUDIT COMMITTEE. FINAL DRAFT FILINGS ARE PRESENTED TO THE EXECUTIVE COMMITTEE FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICIES ARE GIVEN ANNUALLY TO ALL OF THE ASSOCIATION'S EXECUTIVE COMMITTEE MEMBERS, DIRECTORS, LIFE DIRECTORS, OFFICERS, AND MANAGEMENT STAFF. ALL CONFLICTS OF INTEREST, OR POTENTIAL CONFLICTS OF INTEREST, ARE REVIEWED AND APPROVED IN ACCORDANCE WITH THE ASSOCIATION'S CONFLICT OF INTEREST POLICY. THE AUDIT COMMITTEE IS RESPONSIBLE FOR MONITORING COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR STAFF, INCLUDING THE EXECUTIVE DIRECTOR, IS REVIEWED ANNUALLY BY THE GOVERNANCE & PERSONNEL COMMITTEE (WHICH CONSISTS OF FIVE MEMBERS OF THE BOARD OF DIRECTORS) AND APPROVED BY THE EXECUTIVE COMMITTEE, WHICH IS DELEGATED THE AUTHORITY TO APPROVE STAFF COMPENSATION BY THE FULL BOARD OF DIRECTORS. THE GOVERNANCE & PERSONNEL COMMITTEE REVIEWS INDEPENDENT SALARY SURVEYS FOR NON-PROFITS AND RELATED INDUSTRIES, THE RESULTS OF WHICH ARE THEN USED TO SET APPROPRIATE COMPENSATION LEVELS FOR ALL EMPLOYEES. BOTH THE GOVERNANCE & PERSONNEL COMMITTEE AND EXECUTIVE COMMITTEE MAINTAIN MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 ALTHOUGH FEDERAL TAX LAW DOES NOT REQUIRE THAT SUCH DOCUMENTS BE MADE PUBLICLY AVAILABLE (UNLESS THEY WERE INCLUDED ON A FORM THAT IS PUBLICLY AVAILABLE), THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AT THE ASSOCIATION'S OFFICE. TOURNAMENT FLOATS LLC 391 SOUTH ORANGE GROVE BLVD PASADENA CA 91184 462559855 PROPERTY OWNERSHIP CA 297392 20554563 PASADENA TOURNAMENT OF ROSES ASSOCIATION PASADENA TOURNAMENT OF ROSES FOUNDATION 391 S ORANGE GROVE BLVD PASADENA CA 91105 953915725 GRANT MAKING CA 501(C)(3) 11- TYPE 1 N/A 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 PASADENA TOURNAMENT OF ROSES FOUNDATION B 60953 CASH PASADENA TOURNAMENT OF ROSES FOUNDATION L 144382 FMV