2019-08-13T16:04:21-05:00 2018-09-30 010720052 MORRISON BROWN ARGIZ & FARRA LLC 1450 BRICKELL AVENUE 18TH FLOOR MIAMI FL 33131 990 2017-10-01 592603574 THE DADE COUNTY BEACON COUNCIL INC DADE 3055791300 80 SW 8TH STREET NO 2400 MIAMI FL 33130 MICHAEL A FINNEY PRESIDENT/CEO 3055791300 2019-08-13 1 LISETTE RODRIGUEZ CPA P01404398 3053735500 38.140.52.131 2019-08-13 09:56:30 ED P E303922E6E0AAFF29FB4DE912DBC32EDAA0EADFE E6B523290012DC6293034ACCF159DC18781D9E40 2017 2019-02-21 02:37:17Z MICHAEL A FINNEY 80 SW 8TH STREET NO 2400 MIAMI FL 33130 5371659 0 X WWW.BEACONCOUNCIL.COM X 1985 FL AS MIAMI-DADE COUNTY'S OFFICIAL ECONOMIC DEVELOPMENT PARTNERSHIP, THE BEACON COUNCIL IS CHARGED WITH BRINGING NEW, JOB-GENERATING INVESTMENTS TO THE COMMUNITY, WHILE ASSISTING EXISTING BUSINESSES IN THEIR EFFORTS TO EXPAND. BY DOING THIS, THE BEACON COUNCIL FACILITATES THE CREATION OF JOBS FOR EACH AND EVERY RESIDENT OF MIAMI-DADE COUNTY. 62 60 29 61 0 0 4964700 4891389 497884 480270 1255 0 0 0 5463839 5371659 0 0 0 0 3085205 3184913 0 0 0 2513958 2177781 5599163 5362694 -135324 8965 4727238 4555564 1481402 1068087 3245836 3487477 SEE SCHEDULE O 0 0 480270 DURING THE YEAR, THE ORGANIZATION PROMOTED PROGRAMS FOR THE PURPOSE OF ENHANCING THE ECONOMIC DEVELOPMENT OF MIAMI-DADE COUNTY. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 20 0 1 29 1 0 0 0 0 0 0 X 62 60 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X CAMELA GLEAN-JONES 3055791300 80 SW 8TH STREET SUITE 2400 MIAMI FL 33130 ANTHONY DE YURRE DIRECTOR 1.00 X 0 0 0 ALEXANDRA VILLOCH DIRECTOR 1.00 X 0 0 0 AVIV TZUR DIRECTOR 1.00 X 0 0 0 BEN MOLLERE DIRECTOR 1.00 X 0 0 0 MICHAEL MENA DIRECTOR 1.00 X 0 0 0 BRIAN CLAY DIRECTOR 1.00 X 0 0 0 ED MARTINEZ DIRECTOR 1.00 X 0 0 0 OLIVER G GILBERT DIRECTOR 1.00 X 0 0 0 TOMAS REGALADO DIRECTOR 1.00 X 0 0 0 SMITH JOSEPH DIRECTOR 1.00 X 0 0 0 RICHARD KUPER DIRECTOR 1.00 X 0 0 0 DAN MACKLER DIRECTOR 1.00 X 0 0 0 DAWN WHITE SECRETARY 1.00 X X 0 0 0 DONNA ABOOD PAST-CHAIR 1.00 X 0 0 0 HUGO PEREZ DIRECTOR 1.00 X 0 0 0 ERNIE DIAZ DIRECTOR 1.00 X 0 0 0 IRENE WHITE DIRECTOR 1.00 X 0 0 0 PHILIP LEVINE DIRECTOR 1.00 X 0 0 0 CARLOS MIGOYA DIRECTOR 1.00 X 0 0 0 GEORGE BURGESS DIRECTOR 1.00 X 0 0 0 ROBERTO MUNOZ DIRECTOR 1.00 X 0 0 0 HUGO CASTRO DIRECTOR 1.00 X 0 0 0 JARET DAVIS DIRECTOR 1.00 X 0 0 0 JOSEPH ROISMAN DIRECTOR 1.00 X 0 0 0 JOE PALLOT DIRECTOR 1.00 X 0 0 0 JOSE FELIX DIAZ DIRECTOR 1.00 X X 0 0 0 CARLOS GIMENEZ DIRECTOR 1.00 X 0 0 0 NELSON LAZO DIRECTOR 1.00 X 0 0 0 OLGA RAMUDO DIRECTOR 1.00 X 0 0 0 PATRICIA THOMPSON DIRECTOR 1.00 X 0 0 0 PENNY SHAFFER DIRECTOR 1.00 X 0 0 0 ROBERT R FELDMANN DIRECTOR 1.00 X 0 0 0 RON SHUFFIELD DIRECTOR 1.00 X 0 0 0 SHELDON ANDERSON FORMER INTERIM PRES. & CEO 1.00 X 72000 0 1649 SIGFREDO BIRRIEL DIRECTOR 1.00 X 0 0 0 TERRY CURRY DIRECTOR 1.00 X 0 0 0 JOSH MARKUS DIRECTOR 1.00 X 0 0 0 WALTER ROBINSON DIRECTOR 1.00 X 0 0 0 YOLANDA NADER DIRECTOR 1.00 X 0 0 0 DAVID APPEL DIRECTOR 1.00 X 0 0 0 DAVID BRUCE DIRECTOR 1.00 X 0 0 0 MELANIE DICKENSON DIRECTOR 1.00 X 0 0 0 ELIZABETH DVORAK DIRECTOR 1.00 X 0 0 0 HOLLY RASCHEIN DIRECTOR 1.00 X 0 0 0 JEFFREY D FELDMAN DIRECTOR 1.00 X 0 0 0 RICK BEASLEY DIRECTOR 1.00 X 0 0 0 ALAN KLEBER DIRECTOR 1.00 X 0 0 0 CHRIS MARLIN DIRECTOR 1.00 X 0 0 0 RODRIGO MELENDEZ DIRECTOR 1.00 X 0 0 0 MANNY PERDOMO DIRECTOR 1.00 X 0 0 0 JEFF PORTER DIRECTOR 1.00 X 0 0 0 BRUNO BARRIERO DIRECTOR 1.00 X 0 0 0 KEN STILES DIRECTOR 1.00 X 0 0 0 NORMA KENYON DIRECTOR 1.00 X 0 0 0 MICHAEL A FINNEY PRESIDENT & CEO 37.50 X X 164870 0 33198 JC BERMUDEZ DIRECTOR 1.00 X 0 0 0 TONY ARGIZ DIRECTOR 1.00 X 0 0 0 TONY COLEY DIRECTOR 1.00 X 0 0 0 VIVIAN DE LAS CUEVAS DIAZ DIRECTOR 1.00 X 0 0 0 XAVIER GONZALEZ DIRECTOR 1.00 X 0 0 0 CARLOS HERNANDEZ DIRECTOR 1.00 X 0 0 0 GARY GOLDFARB DIRECTOR 1.00 X 0 0 0 CAMELA GLEAN-JONES CFO & EVP BUDG. & ADMIN. 37.50 0.20 X 188933 0 23354 SUSAN GREENE PALLOT CHIEF MARKETING OFFICER 37.50 X 178937 0 19894 ERIN DOWD V.P. INVESTOR RELATIONS 37.50 X 108072 0 33746 MARIO SACASA SVP INT'L ECON. DEV. 37.50 X 131563 0 11098 JAAP DONATH SVP RSRCH & STRAT PLANNING 37.50 0.20 X 119536 0 18342 JOSEPH HOVANCAK VP ONE COMM. ONE GOAL 37.50 0.20 X 117465 0 17806 DYAN BRASINGTON EXECUTIVE VP OF ECONOMIC DEVELOPMENT 37.50 X 186583 0 13072 1267959 0 172159 11 0 1 0 OCTAGON OF SOUTH FLORIDA 333 LAS OLAS WAY CU3 FORT LAUDERDALE FL 33301 TEMPORARY STAFF 104917 1 950333 3941056 4891389 SPONSORSHIPS AND OTHER 900099 480270 480270 480270 5371659 480270 0 0 2722122 108735 185528 168528 76858 50501 52862 312543 89943 600 580545 118058 273124 54957 EQUIPMENT RENTAL 282270 EVENTS & MEETINGS 111181 OTHER 88784 TELEPHONE 85555 5362694 500 500 4125809 4251080 72231 24571 13021 38413 204759 178232 4279445 4216677 310918 62768 4727238 4555564 471499 439269 739886 622983 270017 5835 1481402 1068087 X 3245836 3487477 3245836 3487477 4727238 4555564 8965 232676 0 X X 0 1 X 1 0 0 0 0 950333 75045 75045 75045 2688189 2664495 23694 1107587 1068513 39074 483669 483669 0 62768 DEFERRED RENT 5835 5835 X 5419261 47602 47602 5371659 0 5371659 5410296 47602 47602 5362694 0 5362694 PART X, LINE 2: THE COUNCIL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE COUNCIL RECOGNIZES AND MEASURES TAX POSITIONS BASED ON THEIR TECHNICAL MERIT AND ASSESSES THE LIKELIHOOD THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. INTEREST AND PENALTIES ON TAX LIABILITIES, IF ANY, WOULD BE RECORDED IN INTEREST EXPENSE AND OTHER NON-INTEREST EXPENSE, RESPECTIVELY. THE U.S. FEDERAL JURISDICTION IS THE MAJOR TAX JURISDICTION WHERE THE COUNCIL FILES INCOME TAX RETURNS. THE COUNCIL IS GENERALLY NO LONGER SUBJECT TO U.S. FEDERAL EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2015. CERTAIN ACTIVITIES OF MEMBERSHIP ORGANIZATIONS ARE SUBJECT TO EXCISE TAX. THE COUNCIL ENGAGED IN THESE TYPES OF ACTIVITIES DURING 2018 AND 2017 AND INCURRED AN EXCISE TAX RELATED TO THESE ACTIVITIES OF APPROXIMATELY $ 26,000 AND $30,000 IN 2018 AND 2017, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: IN-KIND MEMBERSHIP FEES 47,602. PART XII, LINE 2D - OTHER ADJUSTMENTS: IN-KIND EXPENSES 47,602. X X X X 0 0 0 MICHAEL A FINNEY PRESIDENT & CEO 164870 0 0 0 0 0 6971 0 26227 0 198068 0 0 0 CAMELA GLEAN-JONES CFO & EVP BUDG. & ADMIN. 188933 0 0 0 0 0 9548 0 13806 0 212287 0 0 0 SUSAN GREENE PALLOT CHIEF MARKETING OFFICER 148861 0 30076 0 0 0 7519 0 12375 0 198831 0 0 0 DYAN BRASINGTON EXECUTIVE VP OF ECONOMIC DEVELOPMENT 156507 0 30076 0 0 0 7519 0 5553 0 199655 0 0 0 CARLTON FIELDS BOARD OF DIRECTOR MEMBER 46558 LEGAL 0 FORM 990, PART VI, SECTION B, LINE 11B THE BEACON COUNCIL'S INDEPENDENT ACCOUNTANTS PREPARE THE FORM 990 AND IT IS REVIEWED BY THE CFO. THE FINANCE AND AUDIT COMMITTEES REVIEW THE 990 AND RECOMMEND APPROVAL OF THE FORM 990 BY THE FULL BOARD. THE FULL BOARD APPROVES THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BEACON COUNCIL REQUIRES ITS BOARD OF DIRECTORS AND EMPLOYEES TO SIGN CONFLICT OF INTEREST AND CONFIDENTIALITY AGREEMENTS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE BEACON COUNCIL HAS A COMPENSATION COMMITTEE WHICH IS RESPONSIBLE FOR THE OVERSIGHT OF COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE BEACON COUNCIL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PAGE 11, PART XI, LINE 2C: FINANCIAL STATEMENTS AND REPORTING THE FINANCE COMMITTEE IS RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT ACCOUNTANTS AND OVERSIGHT OF THE ANNUAL AUDIT. FORM 990, PAGE 12, PART XI, LINE 8 THE 2017 FORM 990 FOR THE YEAR ENDED SEPTEMBER 30, 2017 WAS FILED WITH THE IRS PRIOR TO THE COMPLETION OF THE AUDIT FOR THE YEAR ENDED SEPTEMBER 30, 2017. AS A RESULT OF THE ADJUSTMENTS POSTED IN THE AUDITED FINANCIAL STATEMENTS, A PRIOR PERIOD ADJUSTMENT WAS REPORTED IN THE FORM 990 TO RECONCILE NET ASSETS TO THE AUDITED 2018 FINANCIAL STATEMENTS. THE BEACON COUNCIL ECONOMIC DEVELOPMENT FOUNDATION INC 80 SW 8TH STREET SUITE 2400 MIAMI FL 33130 592738676 ECONOMIC DEVELOPMENT FL 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 THE BEACON COUNCIL ECONOMIC DEVELOPMENT FOUNDATION INC P 35889 CASH AMOUNT THE BEACON COUNCIL ECONOMIC DEVELOPMENT FOUNDATION INC M 240721 IN-KIND