2025-08-12T15:43:39-05:00 2024-09-30 410746749 CLIFTONLARSONALLEN LLP 1188 PADRE DRIVE STE 101 SALINAS CA 93901 990 2023-10-01 940361165 CALIFORNIA RODEO INC CALI 8317753100 PO BOX 1648 SALINAS CA 93902 PATTY STANDRIDGE TREASURER 8317753100 2025-08-08 1 1 KIELY HOLCOMB CPA P01430569 8317596300 2025-08-08 2023 2025-03-06 01:10:19Z BARBARA CAUSLEY PO BOX 1648 SALINAS CA 93902 9846245 0 X WWW.CARODEO.COM X 1924 CA TO PRESERVE AND PROMOTE THE TRADITIONS OF THE CALIFORNIA RODEO SALINAS AND THE WEST. 66 64 40 1200 -40358 0 0 0 5808045 6271536 166206 298040 281937 482540 6256188 7052116 655912 727904 0 0 841237 902233 0 0 0 4047492 4779378 5544641 6409515 711547 642601 9890792 10835502 996730 1247022 8894062 9588480 X THE CALIFORNIA RODEO ASSOCIATION IS A NON-PROFIT ORGANIZATION THAT STRIVES TO PRESERVE AND PROMOTE THE TRADITIONS OF THE CALIFORNIA RODEO SALINAS AND THE WEST. THE CALIFORNIA RODEO SALINAS AND THE SALINAS SPORTS COMPLEX SUPPORT THE COMMUNITY AND OTHER NON-PROFIT ORGANIZATIONS THROUGH THE STAGING OF THE ANNUAL CALIFORNIA RODEO SALINAS AND OTHER YEAR ROUND OPERATIONS OF THE SALINAS SPORTS COMPLEX. THROUGH DONATION OF OUR FACILITY, VENDING AND FUNDRAISING OPPORTUNITIES DURING RODEO AND OTHER EVENTS, THE CALIFORNIA RODEO ASSOCIATION AIMS TO RETURN FUNDS ANNUALLY TO LOCAL NON-PROFITS AND TO BE A HUB OF THE COMMUNITY FOR VARIOUS EVENTS AND ACTIVITIES. 0 0 3035614 677904 2681720 THE CALIFORNIA RODEO IS THE LARGEST RODEO IN CALIFORNIA. THE BEST COWBOYS AND COWGIRLS KEEP THE ARENA BUSY AS THEY COMPETE FOR BIG PRIZE MONEY AND COVETED GOLD BUCKLES. THE RODEO IS A 4 DAY SHOW FEATURING BULL RIDING, TRICK RIDING, CLOWNS, THE ONE ARM BANDIT AND MORE. 2800224 0 3104307 BIG WEEK ACTIVITIES - THE WEEK SURROUNDING THE CALIFORNIA RODEO SALINAS IS FULL OF ACTIVITIES. THE ACTIVITIES INCLUDE: CARNIVAL, CONCERTS, FIESTAS DE RODEO, GOLF TOURNAMENT, HALL OF FAME, HORSE PARADE, KIDDIE KAPERS PARADE, PBR-XTREME BULLS, REACH PROGRAM, AND SWEETHEART SOIREE. 50000 50000 0 THE CALIFORNIA RODEO GRANTED FUNDS TO SUPPORT PUBLIC RECREATION UNLIMITED, INC. IN ITS STADIUM PROJECT. THE STADIUM IS A 5,000 PERSON FACILITY THAT IS AVAILABLE TO HOST A LARGE VARIETY OF COMMUNITY EVENTS INCLUDING YOUTH RECREATIONAL AND ENRICHMENT PROGRAMS. 5885838 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 314 0 1 40 1 1 1 0 0 0 0 0 0 0 0 0 X 66 64 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X CLIFTONLARSONALLEN 8317596300 1188 PADRE DRIVE STE 101 SALINAS CA 93901 JAMES SLATEN GENERAL MNGR (START 2/24&TERM 5/24) 30.00 X X 139515 0 3855 STEVE DAVIS PRESIDENT 4.00 X X 0 0 0 ROBERT EGGERS VICE PRESIDENT 4.00 X X 0 0 0 TOM NIELSEN VICE PRESIDENT 4.00 X X 0 0 0 HENRY DILL VICE PRESIDENT 4.00 X X 0 0 0 TIM BALDWIN SECRETARY 4.00 X X 0 0 0 PATTY STANDRIDGE TREASURER 4.00 X X 0 0 0 FRED HOOKER PAST PRESIDENT 4.00 X 0 0 0 DAVE PEDRAZZI PAST PRESIDENT 4.00 X 0 0 0 BRENT EASTMAN PAST PRESIDENT 4.00 X 0 0 0 MICHAEL SCARR PAST PRESIDENT 1.00 X 0 0 0 DARYL WHITCHER PAST PRESIDENT 1.00 X 0 0 0 BENNY JEFFERSON PAST PRESIDENT 1.00 X 0 0 0 CRAIG ANDRUS PAST PRESIDENT 1.00 X 0 0 0 JOHN CUNHA PAST PRESIDENT 1.00 X 0 0 0 TOM PETTITT PAST PRESIDENT 1.00 X 0 0 0 LLOYD APPLING PAST PRESIDENT 1.00 X 0 0 0 JOE GRAINGER PAST PRESIDENT 1.00 X 0 0 0 RON CLEMENTS PAST PRESIDENT 1.00 X 0 0 0 WARREN WAYLAND PAST PRESIDENT 1.00 X 0 0 0 TOM ADCOCK DIRECTOR 1.00 X 0 0 0 ASHLEY BAKER DIRECTOR 1.00 X 0 0 0 GREG BAXTER DIRECTOR 1.00 X 0 0 0 CHRIS BUNCH DIRECTOR 1.00 X 0 0 0 JERRY BUNKER DIRECTOR 3.00 X 0 0 0 DEAN CALLENDER DIRECTOR 1.00 X 0 0 0 RIC CAUSLEY DIRECTOR 3.00 X 0 0 0 STANLEY CHAN DIRECTOR 3.00 X 0 0 0 WESLEY CHAN DIRECTOR 1.00 X 0 0 0 KATHY DONNELLY DIRECTOR 1.00 X 0 0 0 TIM EASTMAN DIRECTOR 1.00 X 0 0 0 CYNDIE FERRELL DIRECTOR 1.00 X 0 0 0 ORLANDO GARCIA DIRECTOR (START 2/23) 40.00 X 54853 0 14330 JUSTIN GRAINGER DIRECTOR 1.00 X 0 0 0 KYLE HARMON DIRECTOR 1.00 X 0 0 0 CHARLES HARRIS DIRECTOR 1.00 X 0 0 0 TONY HERNANDEZ DIRECTOR 1.00 X 0 0 0 MIKE HITCHCOCK DIRECTOR 1.00 X 0 0 0 BRADEN HOOVER DIRECTOR 1.00 X 0 0 0 SCOTT HOUCHIN DIRECTOR 1.00 X 0 0 0 ADAM JACOP DIRECTOR 1.00 X 0 0 0 MARTIN JEFFERSON DIRECTOR 1.00 X 0 0 0 MATT JENKINSON DIRECTOR 1.00 X 0 0 0 SAMMY JENKINSON DIRECTOR 1.00 X 0 0 0 LAURIE LAVELLE DIRECTOR 1.00 X 0 0 0 TONYA LINARES DIRECTOR 1.00 X 0 0 0 CHAD LINDLEY DIRECTOR 1.00 X 0 0 0 TIM MARTIN DIRECTOR 1.00 X 0 0 0 JOEY MARTINEZ DIRECTOR 1.00 X 0 0 0 DAVE MCDOUGAL DIRECTOR 1.00 X 0 0 0 MIKE MCLANE DIRECTOR 1.00 X 0 0 0 KELLY MCMILLIN DIRECTOR 1.00 X 0 0 0 MIKE MCVAY DIRECTOR 1.00 X 0 0 0 MIKEL ANN MILLER DIRECTOR 1.00 X 0 0 0 GERRY NIELSEN DIRECTOR 1.00 X 0 0 0 RANDY PAROLA DIRECTOR 1.00 X 0 0 0 JEFF PENNONI DIRECTOR 1.00 X 0 0 0 BRENT PLEMMONS DIRECTOR 1.00 X 0 0 0 BRAD ROSBACH DIRECTOR 1.00 X 0 0 0 TONY ROSSI DIRECTOR 1.00 X 0 0 0 JOHN SARGENTI DIRECTOR 1.00 X 0 0 0 MARK SCARR DIRECTOR 1.00 X 0 0 0 KEVIN SILACCI DIRECTOR 1.00 X 0 0 0 JASON SMITH DIRECTOR 1.00 X 0 0 0 TRINIDAD VALDIVIA DIRECTOR 1.00 X 0 0 0 CASEY VOLLIN DIRECTOR 1.00 X 0 0 0 RYAN COOK GENERAL MANAGER (TERM 1/24) 40.00 X 119183 0 3609 JILLIAN MACDONALD OFFICE MANAGER (TERM 10/23) 40.00 X 85793 0 4086 SUZETTE GERTSCH ACCOUNTING MANAGER (START 12/23) 40.00 X 3269 0 0 BARBARA CAUSLEY GENERAL MANAGER (START 5/24) 40.00 X 0 0 0 VICTORIA CARLISLE SPONSORSHIP MANAGER 40.00 X 158963 0 8821 MANDY LINQUIST MARKETING MANAGER 40.00 X 110000 0 11114 671576 0 45815 4 0 1 0 DAVID DREW PRODUCTIONS 9400 MCINTOSH DRIVE MONTEREY CA 93940 ENTERTAINMENT PRODUCTION 225000 ELVI'S CLEANING SERVICE 530 ARCADIA WAY SALINAS CA 93906 CLEANING SERVICES 133352 2 TICKET SALES 711300 2883999 2883999 SPONSORSHIPS 711300 2454723 2454723 GENERAL SALES 711300 350543 350543 FEES & CHARGES INCOME 711300 316789 316789 MISCELLANEOUS INCOME 711300 113004 113004 152478 152478 6271536 290540 290540 748446 62838 1233955 103196 -485509 -40358 -525867 -485509 -40358 7500 0 7500 7500 7500 917004 659419 257585 257585 1548381 797559 750822 750822 7052116 5786027 -40358 1306447 X 90000 90000 637904 637904 122312 122312 605856 472558 133298 15714 14199 1515 100381 36327 64054 57970 46271 11699 38368 19184 19184 2321124 2311841 9283 89775 89775 309950 248436 61514 101440 96500 4940 66703 66703 19197 3573 15624 50187 43763 6424 215918 20807 195111 FOOD & BEVERAGE 540926 540926 MACHINERY & EQUIPMENT/R 300109 300109 LIVESTOCK RENTAL 240543 240543 SUPPLIES 231599 231599 253539 252508 1031 6409515 5885838 523677 0 7278519 7804483 4500 235909 146996 409392 367580 174559 232909 8238 12790 4759749 2523701 1721222 2236048 58453 34696 9890792 10835502 727864 986414 75002 22386 193864 238222 996730 1247022 X 0 0 18325 18350 8875737 9570130 8894062 9588480 9890792 10835502 X 642601 51792 25 X 1 X 0 0 0 2837871 995909 1841962 492170 267272 224898 556433 473597 82836 873275 786923 86352 2236048 PAYROLL LIABILITIES 3781 CASH OVERDRAFT 232491 FACILITY DEPOSITS 1950 238222 MONSTER TRUCKS 764013 764013 6000 14381 355445 197380 COUNTRY CHRISTMAS 134202 134202 2638 25526 42856 2 18789 18789 779 14414 917004 917004 6000 17798 380971 254650 659419 257585 1 PUBLIC RECREATION PO BOX 2562 SALINAS CA 93902 237088131 501 (C)(3) 50000 0 CAPITAL IMPROVEMENTS COMMUNITY FDN FOR MTRY COUNTY 2354 GARDEN ROAD MONTEREY CA 93940 941615897 501 (C)(3) 40000 0 CA RODEO SALINAS FND SCHOLARSHIPS 2 0 MISS CALIFORNIA RODEO SCHOLARSHIP 1 3000 PRIZES & TROPHY 100 528435 106469 COST TROPHY PART I, LINE 2: THE EXECUTIVE COMMITTEE OF CALIFORNIA RODEO, INC. ANNUALLY REVIEWS THE EXPENDITURES BY EACH GRANTEE TO ENSURE PROPER USE OF SUCH FUNDS. 1 X X 0 0 0 0 0 0 0 0 0 VICTORIA CARLISLE SPONSORSHIP MANAGER 158963 0 0 0 0 0 1802 0 7019 0 167784 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONDUCT SUCH BUSINESS AND AFFAIRS OF THE CORPORATION AS MAY BE DELEGATED TO IT BY THE BAORD OF DIRECTORS, PURSUANT TO THE POWERS OF THE BOARD OF DIRECTORS AS DETAILED IN ARTICLE III, SECTION I OF THE BYLAWS. THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE PRESIDENT AND EIGHT PERSONS SELECTED FROM THE BOARD OF DIRECTORS. FOUR OF THESE EIGHT PERSONS MUST NOT HAVE BEEN ON THE EXECUTIVE COMMITTEE THE PRECEDING YEAR. THE ARENA COMMITTEE AND THE TRACK COMMITTEE SHALL NOMINATE TWO PERSONS EACH, ONE OF WHOM MAY NOT HAVE BEEN ON THE EXECUTIVE COMMITTEE THE PRECEDING YEAR. THE ADMINISTRATION COMMITTEE, CONSISTING OF THE THREE VICE-PRESIDENTS, THE SECRRETARY AND THE TREASURER, SHALL NOMINATE THREE PERSONS, AT LEAST ONE OF WHOM MAY NOT HAVE BEEN ON THE EXECUTIVE COMMITTEE THE PRECEDING YEAR. THE PRESIDENT SHALL NOMINATE TWO PERSONS, ONE OF WHOM WILL BE THE IMMEDIATE PAST PRESIDENT, AND SUBMIT THE LIST OF NOMINEES TO THE NEXT MEETING OF THE BOARD OF DIRETORS FOR ELECTION TO THE EXECUTIVE COMMITTEE. ALL MEMBERS OF THE EXECUTIVE COMMITTEE SHALL HOLD OFFICE UNTIL THEIR SUCCESSORS HAVE BEEN CHOSEN. MEETINGS OF THE EXECUTIVE COMMITTEE SHALL BE HELD UPON CALL OF THE PRESIDENT. MINUTES SHALL BE KEPT AND BE SUBMITTED TO THE BOARD OF DIRECTORS AT THE FOLLOWING MEETING OF THE BOARD FOR INCLUSION WITH THE MINUTES OF SAID BOARD MEETING. A QUORUM FOR THE CONDUCT OF BUSINESS SHALL BE FIVE PERSONS. THE BUDGET AND FINANCE COMMITTEE SHALL BE APPOINTED BY THE PRESIDENT, SUBJECT TO CONFIRMATION BY THE BOARD OF DIRECTORS. THE TREASURER SHALL BE THE CHAIRMAN OF THE COMMITTEE. THE BUDGET AND FINANCE COMMITTEE SHALL PREPARE FOR SUBMISSION TO THE BOARD OF DIRETORS AN ANNUAL BUDGET OF ESTIMATED INCOME AND EXPENSES; IT SHALL OBSERVE ALL RECEIPTS AND EXPENDITURES, AND, UPON REQUEST, REPORT TO THE BOARD OF DIRECTORS THE STATUS OF THE FINANCIAL PROGRAMMING OF THE CORPORATION. THE BUDGET AND FINANCE COMMITTEE SHALL PERFORM SUCH OTHER DUTIES AS MAY, FROM TIME TO TIME, BE DIRECTED BY THE PRESIDENT. THE ARENA COMMITTEE CHAIRMAN SHALL BE APPOINTED BY THE PRESIDENT SUBJECT TO CONFIRMATION BY THE BOARD OF DIRECTORS. THE ARENA COMMITTEE SHALL BUDGET FOR, AND DIRECT, ALL ARENA ACTIVITIES, SUBJECT TO THE CONTROL AND APPROVAL OF THE BOARD OF DIRECTORS, AND SHALL PERFORM SUCH OTHER DUTIES AS MAY, FROM TIME TO TIME, BE DIRECTED BY THE PRESIDENT. THE TRACK COMMITTEE CHAIRMAN SHALL BE APPOINTED BY THE PRESIDENT SUBJECT TO CONFIRMATION BY THE BOARD OF DIRECTORS. THE TRACK COMMITTEE SHALL BUDGET FOR, AND DIRECT, ALL TRACK ACTIVITIES, SUBJECT TO THE CONTROL AND APPROVAL OF THE BOARD OF DIRECTORS, AND SHALL PERFORM SUCH OTHER DUTIES AS MAY, FROM TIME TO TIME BE DIRECTED BY THE PRESIDENT. THE PRESIDENT, WITH THE APPROVAL OF THE EXECUTIVE COMMITTEE AND THE BOARD OF DIRECTORS, WILL APPOINT THE NOMINATING COMMITTEE CHAIRMAN. THE NOMINATING COMMITTEE WILL CONSIST OF NINE MEMBERS INCLUDING THE CHAIRMAN, THE PRESIDENT, THE TWO MOST RECENT PAST PRESIDENTS, THE TWO MOST SENIOR VICE-PRESIDENTS, THE ARENA DIRECTOR, THE TRACK DIRECTOR, AND ONE DIRECTOR OR PAST PRESIDENT AT LARGE APPOINTED BY THE CHAIRMAN. IN THE CASE OF A VACANCY, THE CHAIRMAN WILL APPOINT ANOTHER DIRECTOR AS A REPLACEMENT. THE MAIN PURPOSE OF THIS COMMITTEE IS TO NOMINATE DIRECTORS FOR ADVISORY STATUS, TO RECOMMEND MEMBERS TO BE ELECTED TO THE BOARD OF DIRECTORS, AND TO PROPOSE DIRECTORS FOR THE POSITION OF OFFICERS OF THE CORPORATION. OTHER COMMITTEES AND THE CHAIRPERSONS MAY BE APPOINTED BY THE PRESIDENT, AS REQUIRED, SUBJECT TO THE CONFIRMATION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING OFFICERS/DIRECTORS HAVE A FAMILY RELATIONSHIP WITH ANOTHER OFFICER/DIRECTOR: BRENT EASTMAN, DAVE PEDRAZZI, TOM NIELSEN, MICHAEL SCARR, BENNY JEFFERSON, TIM EASTMAN, BRADEN HOOVER, MARTIN JEFFERSON, MATT JENKINSON, SAMMY JENKINSON, GERRY NIELSEN, PATTY STANDRIDGE, DARYL WHITCHER, CRAIG ANDRUS, JAMES SLATEN, JOE GRAINGER, JUSTIN GRAINGER, ADAM JACOP, LAURIE LAVELLE, TIM MARTIN, STANLEY CHAN, WESLEY CHAN, CHARLES HARRIS, KEVIN SILACCI, AND MARK SCARR. FORM 990, PART VI, SECTION A, LINE 6 THERE ARE TWO CLASSES OF MEMBERSHIP. EACH CLASS IS ENTITLED TO EQUAL VOTING RIGHTS AND VOTING PRIVILEGES. GENERAL MEMBERSHIP CONSISTS OF THOSE PERSONS WHO, UPON APPLICATION TO THE SECRETARY, HAVE BEEN APPROVED FOR MEMBERSHIP BY THE BOARD OF DIRECTORS, AND WHO HAVE PAID TO THE ORGANIZATION A MEMBERSHIP FEE OF $25.00, OR SUCH OTHER FEE AS MAY BE DETERMINED BY THE BOARD OF DIRECTORS. ADVISORY DIRECTORS CONSISTS OF THOSE GENERAL MEMBERS WHO HAVE HONORABLY SERVED UPON THE BOARD OF DIRECTORS AND WHO HAVE BEEN ELECTED TO THIS CLASS OF MEMBERSHIP BY THE GENERAL MEMBERS AT THE ANNUAL MEETING, OR HAVE RENDERED OTHER OUTSTANDING SERVICES TO THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERSHIP MAY ELECT A DIRECTOR OR DIRECTORS ANY TIME TO FILL ANY VACANCY OR VACANCIES NOT FILLED BY THE DIRECTORS. IF THE BOARD OF DIRECTORS ACCEPTS THE RESIGNATION OF A DIRECTOR TENDERED TO TAKE EFFECT AT A FUTURE TIME, THE BOARD OR THE MEMBERSHIP HAS THE POWER TO ELECT A SUCCESSOR TO TAKE THE OFFICE WHEN THE RESIGNATION IS TO BECOME EFFECTIVE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY AN OFFICER OF THE BOARD AND MADE AVAILABLE TO THE ENTIRE BOARD PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A PERSON WITH A CONFLICT OF INTEREST IS REFERRED TO AS AN INTERESTED PERSON. THE FOLLOWING CIRCUMSTANCES SHALL BE DEEMED TO CREATE A CONFLICT OF INTEREST: A. A DIRECTOR, OFFICER, EMPLOYEE OR VOLUNTEER, INCLUDING A BOARD MEMBER (OR FAMILY MEMBER OF ANY OF THE FOREGOING) IS A PARTY TO A CONTRACT, OR INVOLVED IN A TRANSACTION WITH CALIFORNIA RODEO ASSOCIATION FOR GOODS OR SERVICES. B. A DIRECTOR, OFFICER, EMPLOYEE OR VOLUNTEER, (OR A FAMILY MEMBER OF ANY OF THE FOREGOING) HAS A MATERIAL FINANCIAL INTEREST IN A TRANSACTION BETWEEN CALIFORNIA RODEO ASSOCIATION AND AN ENTITY IN WHICH THE DIRECTOR, OFFICER, EMPLOYEE OR VOLUNTEER, OR A FAMILY MEMBER OF THE FOREGOING, IS A DIRECTOR, OFFICER, AGENT, PARTNER, ASSOCIATE, EMPLOYEE, TRUSTEE, PERSONAL REPRESENTATIVE, RECEIVER, GUARDIAN, CUSTODIAN, OR OTHER LEGAL REPRESENTATIVE. C. A DIRECTOR, OFFICER, EMPLOYEE OR VOLUNTEER, (OR A FAMILY MEMBER OF THE FOREGOING) IS ENGAGED IN SOME CAPACITY OR HAS A MATERIAL FINANCIAL INTEREST IN A BUSINESS OR ENTERPRISE THAT COMPETES WITH CALIFORNIA RODEO ASSOCIATION. OTHER SITUATIONS MAY CREATE THE APPEARANCE OF A CONFLICT, OR PRESENT A DUALITY OF INTERESTS IN CONNECTION WITH A PERSON WHO HAS INFLUENCE OVER THE ACTIVITIES OR FINANCES OF THE NONPROFIT. ALL SUCH CIRCUMSTANCES SHOULD BE DISCLOSED TO THE BOARD OR STAFF, AS APPROPNATE, AND A DECISION MADE AS TO WHAT COURSE OF ACTION THE ORGANIZATION OR INDIVIDUALS SHOULD TAKE SO THAT THE BEST INTERESTS OF THE NONPROFIT ARE NOT COMPROMISED BY THE PERSONAL INTERESTS OF STAKEHOLDERS IN THE NONPROFIT. PROCEDURES: A. PRIOR TO BOARD OR COMMITTEE ACTION ON A CONTRACT OR TRANSACTION INVOLVING A CONFLICT OF INTEREST, A DIRECTOR OR COMMITTEE MEMBER HAVING A CONFLICT OF INTEREST AND WHO IS IN ATTENDANCE AT THE MEETMG SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. SUCH DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. IF BOARD MEMBERS ARE AWARE THAT STAFF OR OTHER VOLUNTEERS HAVE A CONFLICT OF INTEREST, RELEVANT FACTS SHOULD BE DISCLOSED BY THE BOARD MEMBER OR BY THE INTERESTED PERSON HIM/HERSELF IF INVITED TO THE BOARD MEETING AS A GUEST FOR PURPOSES OF DISCLOSURE. B. A DIRECTOR OR COMMITTEE MEMBER WHO PLANS NOT TO ATTEND A MEETING AT WHICH HE OR SHE HAS REASON TO BELIEVE THAT THE BOARD OR COMMITTEE WILL ACT ON A MATTER IN WHICH THE PERSON HAS A CONFLICT OF LNTEREST SHALL DISCLOSE TO THE CHAIR OF THE MEETING ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. THE CHAIR SHALL REPORT THE DISCLOSURE AT THE MEETING AND THE DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. C. A PERSON WHO HAS A CONFLICT OF LNTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARDS OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. D. A PERSON WHO HAS A CONFLICT OF LNTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT WILL BE VOTED ON AT A MEETING SHALL NOT BE COUNTED IN DETERMMING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE. E. THE PERSON HAVING A CONFLICT OF INTEREST MAY NOT VOTE ON THE CONTRACT OR TRANSACTION AND SHALL NOT BE PRESENT IN THE MEETING ROOM WHEN THE VOTE IS TAKEN, UNLESS THE VOTE IS BY SECRET BALLOT. SUCH PERSON'S INELIGIBILITY TO VOTE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. FOR PURPOSES OF THIS PARAGRAPH, A MEMBER OF THE BOARD OF DIRECTORS OF CALIFORNIA RODEO ASSOCIATION HAS A CONFLICT OF LNTEREST WHEN HE OR SHE STANDS FOR ELECTION AS AN OFFICER OR FOR RE-ELECTION AS A MEMBER OF THE BOARD OF DIRECTORS. F. INTERESTED PERSONS WHO ARE NOT MEMBERS OF THE BOARD OF DIRECTORS OF CALIFORNIA RODEO ASSOCIATION, OR WHO HAVE A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT IS NOT THE SUBJECT OF BOARD OR COMMITTEE ACTION, SHALL DISCLOSE TO THEIR SUPERVISOR, OR THE CHAIR, OR THE CHAIR'S DESIGNEE, ANY CONFLICT OF INTEREST THAT SUCH INTERESTED PERSON HAS WITH RESPECT TO A CONTRACT OR TRANSACTION. SUCH DISCLOSURE SHALL BE MADE AS SOON AS THE CONFHCT OF INTEREST IS KNOWN TO THE INTERESTED PERSON. THE INTERESTED PERSON SHALL REFRAIN FROM ANY ACTION THAT MAY AFFECT CALIFORNIA RODEO ASSOCIATION'S PARTICIPATION IN SUCH CONTRACT OR TRANSACTION. REVIEW OF POLICY: A. EACH DIRECTOR, OFFICER, EMPLOYEE AND VOLUNTEER SHALL BE PROVIDED WITH AND ASKED TO REVIEW A COPY OF THIS POLICY AND TO ACKNOWLEDGE IN WRITING THAT HE OR SHE HAS DONE SO. B. ANNUALLY EACH DIRECTOR, OFFICER, EMPLOYEE AND VOLUNTEER SHALL COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH S/HE IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF LNTEREST. SUCH RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO ANOTHER NONPROFIT ORGANIZATION, OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO CALIFORNIA RODEO ASSOCIATION. ANY SUCH INFORMATION REGARDING THE BUSINESS INTERESTS OF A DIRECTOR, OFFICER, EMPLOYEE OR VOLUNTEER, OR A FAMILY MEMBER THEREOF, SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE CHAIR, THE EXECUTIVE DIRECTOR, AND ANY COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. THIS POLICY SHALL BE REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF DIRECTORS. ANY CHANGES TO THE POLICY SHALL BE COMMUNICATED TO ALL STAFF AND VOLUNTEERS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS USES COMPARABILITY DATA TO DETERMINE THE WAGES OF THE GENERAL MANAGER AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 2,311,841. MANAGEMENT AND GENERAL EXPENSES 9,283. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,321,124. FORM 990, PART XI, LINE 9: ADDITIONAL PAID-IN CAPITAL 25.