Lake Lanier Olympic Park Foundation

“The executive board and the venue manager review the 990 in detail with the cpa. A copy of the 990 is provided to all board members before it is filed.”

“All board members complete a disclosure questionnaire annually.”

“The process for determining compensation of the venue manager includes (1) review and approval by the board of directors' compensation committee; (2) use of data as to comparable compensation and (3) contemporaneous documentation and recordkeeping.”

“Governing documents are made available to the public upon request.”

“The llop foundation serves as an advisory board and their mission is to provide assistance to the city in the successful operation of lake lanier olympic park, primarily through fundraising efforts for capital improvements at the park. The activities are conducted solely by volunteers.”

“The lake lanier olympic park was built for the 1996 olympic rowing and canoe/kayak competitions. The original timing tower remains today and is the last remaining venue from the 1996 olympic games that continues to be used for its original purpose. The lake lanier olympic park foundation, inc. Is a nonprofit foundation that serves as a catalyst and to unify community efforts relative to participation in the 1996 centennial olympic games and other events which will have a significant impact on the community before, during and after the 1996 games. Effective july 1, 2019, the city of gainesville parks & recreation board (gprb) took over the operations of the lake lanier olympic park including all of the responsibilities related to venue renovations and maintenance as well as events at the park (which were previously the responsibility of the foundation). The city of gainesville then took over for the gprb effective january 1, 2020. The llop foundation now serves as an advisory board to provide assistance to the city in the successful operation of lake lanier olympic park primarily through fundraising efforts for capital improvements to the park.”

“The foundation was previously responsible for renovations to the lake lanier olympic park and maintaining the physical upkeep of the venue property and facilities, including all buildings and grounds contained in the park until the gprb took over in july 2019. During the year ended june 30, 2020, the foundation installed street lights and completed one major project to improve the park - an olympic ring plaza - which prominently features an olympic rings sculpture in front of the timing tower. The sculpture was crafted from structural steel originally used in the support beams of floating grandstands erected for the 1996 olympics. The lake lanier olympic park continues to host local, national and international rowing, sprint kayak and canoe events, as well as dragon boat races and championships. The foundation supports these competitive events as well as community events held at the venue, typically by providing volunteers.”