Atlanta Convention and Visitors Bureau Inc

“After the form 990 is prepared by an outside cpa firm, frazier & deeter, llc, the form is reviewed by the cfo and is subsequently reviewed by the ceo. Once the form has been examined, including the accompanying schedules and statements, and is deemed to the best of knowledge and belief to be true, correct, and complete, the cfo electronically submits the form to the finance committee on behalf of the board of directors for approval. Upon approval, the cfo signs and mails the form appropriately.”

“The officers and directors of the organization annually receive a conflict of interest policy to review and sign. The copies are maintained and internally reviewed by the organization.”

“The president & ceo's compensation is determined and approved by the organization's board of directors. Compensation for the executive vice presidents are determined and finalized by the president & ceo. The organization's compensation committee, consisting of the president & ceo, the executive vice president & chief administrative officer/cfo, & the director of human resources determine and finalize compensation for all other staff members.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Special events/local expense 288,033. Advertising production 254,139. Telephone 222,995. Repairs & maintenance 216,867. Fams/site visits 187,860. Research 169,172. Dues and subscriptions 150,179. Bank charges 131,321. Equipment rental 95,811. Automobile 69,496. Property tax 56,429. Bad debts 48,096. Postage 32,446. Interview expense 29,049. Freight 5,358. Miscellaneous expenses 1,792.”

“Net change in temporary restricted net assets -3,477,374. Tax-exempt income 45,563.”

“Form 990, part xi, line 2c, committee for the oversight of the audit: the organization has in place a finance committee comprised of independent directors and the executive vice president & chief administrative officer/cfo. This committee oversees the annual audit of the financial statements and annually engages an independent auditor. The independent auditor reports directly to the finance committee, and the finance committee reports directly to the board of directors.”