Salt Lake Convention & Visitors Bureau

“The organization entered into an "office sharing and services" agreement with orchid.events llc (orchid). The management services provided by orchid to the organization include cfo, executive vice president, and human resources services. Cliff doner is a 70% owner of orchid and provided the cfo and executive vice president services to the organization. He is listed as an officer on part vii. The organization paid orchid approximately 92,145 for the services provided by cliff doner. This amount included about 75,600 of reportable compensation, 12,658 of benefits, and 3,887 for employment taxes. In addition to the management services, orchid also provides office sharing, accounting, payroll, and it services to the organization. The total amount paid to orchid for 2018 is reported on part vii, section b and part iv of schedule l.”

“The name of the organization was changed to visit salt lake during the 2018 tax year. The bylaws were amended and restated as of december 20, 2018 to reflect this change.”

“Members are made up of owners and/or managers of businesses in the salt lake county hospitality community.”

“The members elect the board of trustees and the board of trustees establishes the bylaws for the organization and elects an executive committee to act in place of the board of trustees to establish policies and procedures for the organization and to assure that such policies and procedures are implemented.”

“Indirectly, yes, because the members elect the board of trustees who in turn elects the executive committee who makes decisions regarding the organization.”

“The form 990 is first reviewed by the controller and cfo of the organization. The form 990 is then presented to the finance committee, a subcommittee of the executive committee (the organization's governing body). The finance committee reviews the 990 and reports to the executive committee.”

“The organization reviews compliance with the policy and reminds members of the executive committee of the policy at scheduled meetings.”

“The compensation committee reviews the compensation of the president on an annual basis. The president reviews the compensation of key employees on an annual basis. The compensation committee and president compare salaries of other convention and visitors bureaus using salary data obtained from the western association of convention and visitors bureau and destination marketing association international. The salary that is determined as a result of this analysis is documented using an internal form called a "personnel action form". The personnel action form is signed by the president for approving salaries of key employees and the personnel action form is signed by the chairman of the compensation committee for approving the salary of the president.”

“The compensation committee reviews the compensation of the president on an annual basis. The president reviews the compensation of key employees on an annual basis. The compensation committee and president compare salaries of other convention and visitors bureaus using salary data obtained from the western association of convention and visitors bureau and destination marketing association international. The salary that is determined as a result of this analysis is documented using an internal form called a "personnel action form". The personnel action form is signed by the president for approving salaries of key employees and the personnel action form is signed by the chairman of the compensation committee for approving the salary of the president.”

“The documents are posted on the organization's website.”

“As of january 1, 2018 visit salt lake sold its subsidiary, orchid.events llc (formerly the housing connection), and ceased providing housing reservation and registration services.”

“Cost of goods sold shown in revenue 84,721 cost of goods sold shown in revenue -84,721”