Cuyahoga County Convention

“The organization has engaged asm global for daily management of the convention center. Asm global is a worldwide venue management company that is unrelated to the organization or any current or former director, officer or employee. Asm global receives a management fee for their services.”

“The board of directors must be comprised of individuals who are nominated by the cuyahoga county executive, the president of the cuyahoga county council and jointly by the convention and visitors bureau of greater cleveland, inc. And greater cleveland partnership (the public nominated director).”

“The executive director along with the board of directors are each supplied with a copy of form 990. The executive director reviews form 990. After all questions about the return are answered and any applicable changes are made form 990 is filed.”

“The conflict of interest policy is presented to all board members and executive director annually. They read and review the policy and disclose any possible conflicts. They are required to provide a signature that ascertains that they understand the policy and have disclosed any necessary information.”

“The board of directors reviewed salary and compensation levels within organizations of similar size and comparable structure where the chief management employee has comparable duties and responsibilites to those of the filing organization's executive director. The board of directors then votes to approve the salary.”

“Copies of the organization's federal form 990 and governing documents shall be made available upon request, in a timely manner and subject to the charges permitted by law to any individual who request them.”

“The taxpayer is not related to any other organization. For purposes of determining related organizations: control of a nonprofit organization exists if one organization has the power to remove and replace a majority of the nonprofit organization's directors or trustees. In accordance with article ii of the taxpayer's code of regulations, representatives of cuyahoga county nominate a majority of all directors but the directors are elected by the board of directors. Representatives of cuyahoga county do not have the power to remove and replace the directors. Therefore, the relationship between the organization and cuyahoga county does not include control as defined in irs instructions to form 990.”

“Food and beverage fee: program service expenses 1,514,782. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,514,782. Contracted services: program service expenses 48,619. Management and general expenses 0. Fundraising expenses 0. Total expenses 48,619. Third party management company paid salaries, benefits and payroll taxes: program service expenses 4,828,405. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,828,405. Payroll processing fees: program service expenses 0. Management and general expenses 61,219. Fundraising expenses 0. Total expenses 61,219. Professional fees - other: program service expenses 0. Management and general expenses -8,532. Fundraising expenses 0. Total expenses -8,532. Consulting: program service expenses 0. Management and general expenses 7,983. Fundraising expenses 0. Total expenses 7,983.”

“The organization entered into two project funding agreements with cuyahoga county. Pursuant to the agreements and in consideration of the county making funds available for the convention center construction, renovations and conditioned upon the county making certain rent payments the organization agreed to make monthly payments of $3,070,833 to cuyahoga county.”

“Due to its smaller size, the entire board of directors assumes the responsibilities of an audit committee.”