Defiance Development and Visitors Bureau Inc.

“The board reviews the form 990 prior to filing and approves the filing of the return.”

“Annually each board memeber is required to sign the policy indicating they will disclose any interest in a transaction or decision where they or their relation, including business or employer, will receive benefit or gain. After such disclosure they are asked to leave the room for the discussion and are not permitted to vote on the question.”

“The board reviews regional compensation data for comparability in the process of determining compensation for the executive director.”

“The board reviews regional compensation data for comparability in the process of determining compensation for officers and key employees of the organization.”

“Documents are made available upon request.”

“The purposes for which this corporation is organized are to enhance the appearance of the defiance area through beautification, restoration, and historic preservation; to provide educational and other services to strengthen and expand the economic base of downtown defiance; and to promote business, events, and activities in the defiance area.”

“The organization's primary exempt purpose is to develop projects to enhance, educate, and promote business in the defiance area. This includes organizing, supporting and overseeing the following committees: the design committee, whose purpose is to create an attractive, coordinated and quality image of the community by capitalizing on its unique assets and heritage; the promotion committee, whose primary responsibility is to market a unified, quality image of the business district as the center of activities, goods and services to retailers, residents, shoppers, investors and tourists; and the economic restructuring committee, works to develop a market strategy for the community that will result in an improved retail mix, a stronger tax base, increased investor confidence and a strong, stable role for the downtown area.”

“Other programs that fall under the organization's exempt purpose include being the fiscal agent for the santa house and downtown christmas decorations. Each christmas season a small house is erected and decorated in the downtown area. A santa is hired and children from the area are invited down to visit santa with picture opportunities available. The organization is the fiscal agent for the defiance christmas decorations committee. Funds are collected through donations and the christmas committee meets and decides how to appropriately utilize these funds to decorate during christmas season.”

“Lilac festival supplies 12,593 0 0 witches brew 9,523 0 0 misc 9,270 0 0 thunder on the river 9,083 0 0 gift shop 7,058 0 0 battle of the bands 5,401 0 0 sponsorships 4,595 0 0 memberships 0 3,937 0 chocolate walk 2,978 0 0 family fun friday exp 2,769 0 0 meals 0 2,327 0 santa's house 1,935 0 0 state audit expense 0 1,845 0 event supplies 1,204 0 133 cookie crumble 1,200 0 0 riverfront gathering 605 0 0 total 68,214 8,109 133”

“Book / tax depreciation difference -2,693”