The Golden Triangle Development Link

“The organization's members consist of area businesses which support the mission of the organization with annual dues.”

“Each member is allowed to vote and elect the board of directors”

“Form 990 is reviewed by the vice president. The governing board of the organization reviews form 990 along with financial statments at first meeting subsequent to date filed.”

“The organization formed a committee to gather relevant information and recommend a compensation package for the executive director to the board of directors. The committee was aided by a consultant who researched communities with similar population and demographics to determine an equitable salary.”

“All information is made available to public upon request”

“Mda grant expense: program service expenses 65,080. Management and general expenses 0. Fundraising expenses 0. Total expenses 65,080. Website: program service expenses 34,190. Management and general expenses 12,388. Fundraising expenses 2,973. Total expenses 49,551. Hosting guests: program service expenses 39,995. Management and general expenses 0. Fundraising expenses 0. Total expenses 39,995. Prospect development: program service expenses 39,961. Management and general expenses 0. Fundraising expenses 0. Total expenses 39,961. Image book expense: program service expenses 36,154. Management and general expenses 0. Fundraising expenses 0. Total expenses 36,154. Telephone & fax: program service expenses 19,564. Management and general expenses 7,089. Fundraising expenses 1,701. Total expenses 28,354. Other special programs: program service expenses 24,126. Management and general expenses 0. Fundraising expenses 0. Total expenses 24,126. Contract procurement: program service expenses 22,917. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,917. Dues and subscriptions: program service expenses 15,138. Management and general expenses 5,485. Fundraising expenses 1,316. Total expenses 21,939. Special - brac/mmcc: program service expenses 20,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,000. Educational banquet: program service expenses 18,983. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,983. Existing business development: program service expenses 17,472. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,472. Youth leadership program: program service expenses 11,001. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,001. Maintenance: program service expenses 7,298. Management and general expenses 2,644. Fundraising expenses 635. Total expenses 10,577. Investment - bracc/mmcc: program service expenses 10,079. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,079. Member luncheon/gala: program service expenses 9,373. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,373. Sounds of summer: program service expenses 1,839. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,839. Other expenses: program service expenses 33. Management and general expenses 0. Fundraising expenses 0. Total expenses 33.”

“The link uses the modified cash basis of accounting, which is a comprehensive basis of accounting other than generally accepted accounting principles in the united states of america. Under this basis, revenues are recognized when collected rather than when earned, and expenses are recognized when paid rather than when incurred”