2024-08-08T16:52:11-05:00 2023-09-30 Forvis Mazars LLP 510 N Valley Mills Drive 200 Waco TX 767106075 990 2022-10-01 853422483 Waco Tourism Public Improvement District Corporation % JUSTIN EDWARDS WACO 2548557354 424 Clay Ave 2343 Waco TX 767069998 Justin Edwards Chair 2548557354 2024-08-15 true Ellen Ygnacio P01254907 2547768244 2022 2024-08-08 14:25:15Z Justin Edwards 424 Clay Ave 2343 Waco TX 767069998 1481721 false X WWW.WACOTPID.COM X 2020 TX TO ADVANCE AND PROMOTE THE HOTEL INDUSTRY IN THE CITY OF WACO, TEXAS. 10 10 0 10 0 0 0 0 1332164 1404007 9030 77714 0 0 1341194 1481721 0 0 0 0 0 0 0 0 0 479245 772258 479245 772258 861949 709463 1726516 2336712 104005 4738 1622511 2331974 X THE PRIMARY PURPOSE OF THE CORPORATION SHALL BE TO ADVANCE AND PROMOTE BUSINESS WITHIN THE HOTEL INDUSTRY FOR THE BENEFIT OF STAKEHOLDERS IN THE CITY OF WACO. THE CORPORATION SHALL CONDUCT ALL ACTIVITIES NECESSARY OR CONVENIENT TO ACCOMPLISH THE FOREGOING PRIMARY PURPOSE AND THE FOLLOWING GOALS: FUND ENHANCED SALES(BUSINESS RECRUITMENT), AND ADVERTISING AND PROMOTIONAL ACTIVITIES THAT ARE IMPLEMENTED BY THE WACO CONVENTION CENTER AND VISITORS BUREAU. FUND BOTH MARKETING (ADVERTISING AND PROMOTION) AND SALES/INCENTIVE (BUSINESS RECRUITMENT) PROGRAMS WITH THE ASSISTANCE OF THE WACO CONVENTION AND VISITORS BUREAU SUFFICIENT TO ATTRACT ADDITIONAL CITYWIDE, LARGE GROUP AND TRANSIENT BUSINESS TO WACO THAT IS CONSISTENT WITH CRITERIA ADOPTED BY THE CORPORATION BOARD OF DIRECTORS. GENERATE FINANCIAL RESOURCES FOR THE OPERATION AND ADMINISTRATION OF THE WACO TOURISM PUBLIC IMPROVEMENT DISTRICT (THE "DISTRICT"); ENSURE DELIVERY OF SERVICES AND IMPROVEMENTS THROUGH A COST-EFFECTIVE, AND EASY TO A false false THE CORPORATION FUNDS ENHANCED SALES (BUSINESS RECRUITMENT), AND ADVERTISING AND PROMOTIONAL ACTIVITIES THAT ARE IMPLEMENTED BY THE WACO CONVENTION CENTER AND VISITORS BUREAU TO ADVANCE AND HELP PROMOTE BUSINESS WITHIN THE HOTEL INDUSTRY FOR THE BENEFIT OF STAKEHOLDERS IN THE CITY OF WACO. false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 8 0 true 0 false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true false false false X JUSTIN EDWARDS 2548557354 424 CLAY AVE 2343 Waco TX 767069998 X X Justin Edwards Chair 1.0 0.0 X X 0 0 0 Joshua Pursche Vice-Chair 1.0 0.0 X X 0 0 0 Donna Holdbrook Secretary 0.5 0.0 X X 0 0 0 Justin Kuzski Director 1.0 0.0 X 0 0 0 Meraj Bhakta Director 0.5 0.0 X 0 0 0 Lori Harvey Director 1.0 0.0 X 0 0 0 Brittany Walker Treasurer 0.5 0.0 X X 0 0 0 Meghan Byram Director 0.5 0.0 X 0 0 0 Karli Fletcher Director 0.5 0.0 X 0 0 0 Addison Wittry Director 0.5 0.0 X 0 0 0 0 0 0 0 false false false Miles Partnership LLC 6751 Professional Pkwy Suite 200 SARASOTA FL 34240 Marketing Services 469798 1 0 Hotel Assessment Fees 900099 1404007 1404007 1404007 77714 77714 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1481721 1404007 77714 X 0 0 0 0 0 0 0 0 0 0 30063 0 37800 0 0 0 0 293064 238 0 0 0 0 0 0 0 0 0 1266 TAPPS- INCENTIVE 156713 IRONMAN- INCENTIVE 106783 TEXAS ROWING CHAMPIONSHIPS 40000 SPARTAN STADION- INCENTIVE 25000 81331 772258 85386 7593 1359525 1965534 0 0 265031 251243 0 0 0 0 0 0 0 0 16574 112342 0 0 0 0 0 0 0 0 0 0 0 0 1726516 2336712 104005 4738 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 104005 4738 X 1622511 2331974 0 0 1622511 2331974 1726516 2336712 709463 X true X true X true false 1481721 1481721 1481721 772258 772258 772258 Schedule D, Part X, Line 2 ASC 740 FOOTNOTE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW FORM 990: THE ORGANIZATION ENGAGES AN OUTSIDE ACCOUNTING FIRM TO PREPARE THE FORM 990. ONCE PREPARED, THE ORGANIZATION'S MANAGEMENT REVIEWS THE RETURN PRIOR TO FILING. THE BOARD OF DIRECTORS ARE GIVEN THE OPPORTUNITY TO REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C WRITTEN CONFLICT OF INTEREST POLICY: IF A DIRECTOR OF THIS CORPORATION OR ANY OTHER CORPORATION, FIRM ASSOCIATION, OR OTHER ENTITY IN WHICH ONE OR MORE OF THIS CORPORATION'S DIRECTORS ARE DIRECTORS OR HAVE A MATERIAL FINANCIAL INTEREST, SHALL BE DIRECTLY INTERESTED IN ANY CONTRACT OR OTHER TRANSACTION WITH THIS CORPORATION, (A) THE MATERIAL FACTS AS TO THE TRANSACTION AND SUCH DIRECTOR'S INTEREST MUST BE FULLY DISCLOSED OR KNOWN TO THE BOARD OF DIRECTORS AND SUCH CONTRACT OR TRANSACTION MUST BE APPROVED BY THE BOARD OF DIRECTORS IN GOOD FAITH, WITH ANY INTERESTED DIRECTOR NOT BEING ENTITLED TO VOTE THEREON, REGARDLESS OF WHETHER THE DISINTERESTED DIRECTORS CONSTITUTE A QUORUM; OR (B) THE MATERIAL FACTS REGARDING SUCH DIRECTOR'S FINANCIAL INTEREST IN SUCH CONTRACT OR TRANSACTION OR REGARDING SUCH COMMON DIRECTORSHIP, OFFICER STATUS, OR FINANCIAL INTEREST MUST BE FULLY DISCLOSED IN GOOD FAITH, NOTED IN THE MINUTES, AND BE MADE KNOWN TO ALL BOARD MEMBERS PRESENT AT THE MEETING, BEFORE CONSIDERATION BY THE BOARD OF SUCH CONTRACT OR TRANSACTION. SUCH A CONTRACT OR transaction MUST ALSO HAVE BEEN AUTHORIZED IN GOOD FAITH BY A MAJORITY OF THE BOARD BY A VOTE SUFFICIENT FOR THE PURPOSE WITHOUT COUNTING THE VOTE OF THE INTERESTED DIRECTOR, REGARDLESS OF WHETHER THE DISINTERESTED DIRECTORS CONSTITUTE A QUORUM. IF A MAJORITY OF THE MEMBERS OF THE BOARD IS COMPOSED OF PERSONS WHO HAVE A CONFLICT OF INTEREST, EACH SUCH BOARD MEMBER WITH A CONFLICT MUST FILE AN AFFIDAVIT NOTING THEIR CONFLICT. ONCE THE AFFIDAVITS ARE FILED, EACH BOARD MEMBER MAY VOTE ON THE ISSUE IF THE CONTRACT OR TRANSACTION IS FAIR AND BENEFICIAL TO THE CORPORATION WHEN THE CONTRACT OR TRANSACTION IS AUTHORIZED BY THE BOARD, AND A MAJORITY OF THE BOARD AUTHORIZES THE INVOLVED ACTION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:VARIOUS OTHER INCENTIVES TOTAL EXPENSES:56581 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PREMIER TENNIS CONSULTING TOTAL EXPENSES:24750