Wta Tour Inc

“Alternate directors are considered voting members due to specific rights granted to them. These rights include the ability to attend all board meetings at the organization's expense, the ability to vote in the absence of a director from the same class (player, tournament, itf) if that director is physically not present at a meeting or recused from voting due to a conflict.”

“Governing body and management does the organization have members or stockholders? Wta tour, inc. Is a membership organization with 4 classes of members: 1) tournament class members; 2) player class members; 3) federation class member; and 4) special class member.”

“Governing body and management does the organization have members, stockholders who may elect one or more members of the governing body? The tournament class members (48), player class members (7), and federation class member (1) elect representatives to the board of directors”

“Governing body and management are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? Certain decisions require member approval (e.g. Amendments to certain by-laws provisions)”

“Organization's process for review form 990 the chief financial officer reviews the form 990 with tax preparer (pricewaterhousecoopers) and senior management prior to filing the document with irs.”

“Conflict of interest policy the purpose of the conflict of interest policy is to protect the best interest of the wta when it is contemplating entering into a transaction or arrangement involving the provision of property or services, the providing or receipt of a guaranty, loan or grant, or the establishment or termination of any other type of financial relationship as well as any formal request submitted for decision by the board (or a committee with board delegated powers) that might benefit the private financial interest of an officer, director, key employee, or committee member. For any transaction, arrangement or request being considered the board (or a committee), an officer, director, key employee, or committee member must disclose the existence of any financial interests, and the non-conflicted directors (or committee members) determines whether the interest constitutes a conflict of interest. An individual with a conflict of interest may not be present at or participate in the board (or committee) deliberation or vote on the transaction or arrangement giving rise to such conflict. Any attempt by the conflicted individual to improperly influence the deliberation or voting on the matter is prohibited. Prior to the initial election of a director, and annually thereafter, such director must complete, sign and submit a written statement identifying, to the best of their knowledge, any entity of which such director is an officer, director, trustee, member, owner, or employee and with which the wta has a relationship, and any transaction in which the wta is a participant and in which the director might have a conflicting interest.”

“Determining compensation the compensation for the organization's ceo is determined by the finance and audit committee and approved by the board of directors.”

“Availabity of governing documents, conflict policy and financial stmts. Certificate of incorporation is on file with the state of new york. Governing documents, conflict of interest policy, and financial statements are not made available to the public.”

“Unrealized gain on currency exchange -254,296. Change in additional paid-in capital attributable to wta tour, inc 28,859,152. Change in accumulaed other comprehensive loss attributable to wta tour, inc -1,993. Accumulated other comprehensive loss - noncontrolling interest -173. Issuance of noncontrolling member interest in wta ventures 1,140,848. Distributions to noncontrolling member of wta ventures -6,480,000.”