2017-01-20T13:28:33-06:00 2016-05-31 593040705 RIVERO GORDIMER & COMPANY PA P O BOX 172359 TAMPA FL 33672 990 2015-06-01 592319162 COPPERHEAD CHARITIES INC COPP 7279425566 36750 US HIGHWAY 19 NORTH PALM HARBOR FL 34684 TRACY WEST TOURNAMENT DIRECTOR 7279425566 2017-01-18 1 SAM A LAZZARA P01342929 8138757774 2015 2021-01-29 14:40:06Z VALSPAR CHAMPIONSHIP TRACY WEST 36750 US HIGHWAY 19 NORTH PALM HARBOR FL 34684 10973563 0 X VALSPARCHAMPIONSHIP.COM X 1977 FL PROVIDE AID TO TAMPA BAY CHARITIES. 19 19 8 2000 0 0 6402187 6672505 3435228 4292631 5957 8427 0 0 9843372 10973563 1794349 2139351 0 0 773134 884138 0 0 6744579 7067183 7726526 9634666 10750015 208706 223548 1478645 2092686 113087 503580 1365558 1589106 PROVIDE AID TO TAMPA BAY AREA CHARITIES THROUGH FUNDRAISING EVENTS CENTERED AROUND PROFESSIONAL GOLF. 0 0 3692114 2139351 4292631 BIRDIES FOR TAMPA BAY CHARITIES IS DESIGNED TO GIVE PARTICIPATING 501(C)(3) CHARITIES THE OPPORTUNITY TO GENERATE CONTRIBUTIONS FOR THEIR ORGANIZATIONS BASED ON THE NUMBER OF "BIRDIES" MADE BY CONTESTANTS DURING THE VALSPAR CHAMPIONSHIP (A PGA TOUR EVENT). THE ORGANIZATION HAS GENERATED MORE THAN $36 MILLION FOR CHARITIES, PRIMARILY IN THE TAMPA BAY AREA, WHILE ALSO STAGING THE AMENITIES FOR GOLF FANS TO VIEW THE BEST IN PGA TOUR COMPETITION EACH MARCH ON THE COPPERHEAD COURSE AT INNISBROOK RESORT IN PALM HARBOR, FLORIDA. AN INDEPENDENT ECONOMIC IMPACT STUDY PERFORMED IN JULY 2015 BY THE UNIVERSITY OF SOUTH FLORIDA COLLEGE OF BUSINESS SPORT AND ENTERTAINMENT MANAGEMENT PROGRAM AND SPORTSECONOMICS, LLC FOUND THAT TOURNAMENT ACTIVITIES TRANSLATE TO AN ANNUAL ECONOMIC IMPACT OF OVER $51 MILLION TO THE TAMPA BAY AREA. 3692114 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 17 1 1 8 1 0 0 0 0 0 0 0 0 X 19 19 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 FL X THE ORGANIZATION 7279425566 36750 US HIGHWAY 19 NORTH PALM HARBOR FL 34684 LES MUMA GENERAL CHAIRMAN 3.00 X X 0 0 0 KEITH ROBINSON VICE-CHAIRMAN 2.50 X X 0 0 0 LARRY MORGAN IMMEDIATE PAST CHAIRMAN 1.00 X 0 0 0 DOUG GRASKA MEMBERSHIP CHAIRMAN 1.00 X 0 0 0 RONDE BARBER DIRECTOR 1.00 X 0 0 0 RONICE BARLOW DIRECTOR 1.00 X 0 0 0 RON CAMPBELL DIRECTOR 1.00 X 0 0 0 HOLLIS CAVNER DIRECTOR 1.00 X 0 0 0 JIM EISCH DIRECTOR 1.00 X 0 0 0 CHIP FALK DIRECTOR 1.00 X 0 0 0 MARK FITZPATRICK DIRECTOR 1.00 X 0 0 0 SHON FLAHARTY DIRECTOR 1.00 X 0 0 0 ASHLEY FOX DIRECTOR 1.00 X 0 0 0 TOM GATES DIRECTOR 1.00 X 0 0 0 BOB MCGIVNEY DIRECTOR 1.00 X 0 0 0 JOHN MOSHER DIRECTOR 1.00 X 0 0 0 BRUCE MURPHY DIRECTOR 1.00 X 0 0 0 JOE VARNER III DIRECTOR 1.00 X 0 0 0 DOUG WOOLARD DIRECTOR 1.00 X 0 0 0 TRACY WEST TOURNAMENT DIRECTOR 40.00 X 243400 0 0 STEVE GORDON BUSINESS MANAGER 40.00 X 78209 0 0 321609 0 0 1 0 1 0 PRO LINKS SPORTS OF TAMPA LLC 758 NORTH US HWY 1 TEQUESTA FL 33469 EVENT MANAGEMENT 250000 1 121161 6551344 6672505 TOURNAMENT SALES 713990 4292631 4292631 4292631 8427 8427 10973563 4292631 0 8427 2139351 2139351 321609 56282 43835 221492 451628 79035 61557 311036 51748 9056 7062 35630 59153 10352 8063 40738 1282 1282 25700 25700 125495 30495 49257 45743 338175 67635 270540 68860 5509 12754 50597 12813 1025 384 11404 22272 2227 5568 14477 62063 21722 12413 27928 91338 27401 63937 44885 4489 11221 29175 20875 4175 16700 TOURNAMENT EXPENSES 3955171 791034 3164137 PRIZE MONEY AND GIFTS 2935706 440356 2495350 MISCELLANEOUS 21891 1970 10289 9632 10750015 3692114 313322 6744579 309873 255453 20013 595133 635204 601301 20020 353332 261334 14778 91998 498777 528781 1478645 2092686 113087 187580 260000 56000 113087 503580 X 1365558 1589106 1365558 1589106 1478645 2092686 223548 0 X X 0 1 X 1 0 X 6384011 2675837 5404660 6402187 6672505 27539200 6384011 2675837 5404660 6402187 6672505 27539200 13302288 14236912 17813 805 1062 5957 8427 34064 27573264 14314996 0.51630 0.48250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 324158 244071 80087 29174 17263 11911 91998 X 10973563 0 10973563 0 10973563 10750015 0 10750015 0 10750015 PART X, LINE 2: THE ORGANIZATION IS NOT AWARE OF ANY TAX POSITIONS IT HAS TAKEN THAT ARE SUBJECT TO A SIGNIFICANT DEGREE OF UNCERTAINTY. TAX YEARS AFTER 2012 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. 1 BIG CAT RESCUE 7106 RIVERWOOD BLVD TAMPA FL 33615 593330495 501(C)(3) 115000 GENERAL SUPPORT ST PAUL'S SCHOOL 1600 SAINT PAUL DRIVE CLEARWATER FL 33764 591220745 501(C)(3) 104938 GENERAL SUPPORT CHI CHI RODRIGUEZ YOUTH FOUNDATION 3030 N MCMULLEN BOOTH ROAD CLEARWATER FL 33761 251919614 501(C)(3) 115156 GENERAL SUPPORT MORE HEALTH INC 3821 N HENDERSON BLVD TAMPA FL 33629 593397472 501(C)(3) 34500 GENERAL SUPPORT THE FIRST TEE OF ST PETERSBURG 875 62ND AVE NE ST PETERSBURG FL 33702 270855397 501(C)(3) 33304 GENERAL SUPPORT ACADEMY OF THE HOLY NAMES 3319 BAYSHORE BLVD TAMPA FL 33629 596180118 501(C)(3) 115000 GENERAL SUPPORT KIWANIS CLUB OF TAMPA PO BOX 22154 TAMPA FL 33622 596152595 501(C)(3) 15151 GENERAL SUPPORT BLACK DIAMOND FOUNDATION 3754 W BLACK DIAMOND CIRCLE LECANTO FL 34461 134211621 501(C)(3) 91345 GENERAL SUPPORT CLEARWATER FOR YOUTH 1501 N BELCHER 236 CLEARWATER FL 33765 591408073 501(C)(3) 11500 GENERAL SUPPORT RYAN WELLS FOUNDATION 3636 WOODRIDGE PLACE PALM HARBOR FL 34684 043824816 501(C)(3) 48300 GENERAL SUPPORT YMCA PAR 3 HOME OF FIRST TEE LAKELAND 1740 GEORGE JENKINS LAKELAND FL 33815 591158144 501(C)(3) 17250 GENERAL SUPPORT GUARDIAN ANGELS 2270 EVANS ROAD CLEARWATER FL 33763 593056956 501(C)(3) 86207 GENERAL SUPPORT QUANTUM LEAP FARM INC 10504 WOODSTOCK ROAD ODESSA FL 33556 593469464 501(C)(3) 35248 GENERAL SUPPORT GIFT OF ADOPTION FUND 1010 SOUTH ROME AVE TAMPA FL 33606 571171463 501(C)(3) 40204 GENERAL SUPPORT CITRUS COUNTY FAMILY RESOURCE CENTER 2435 N FLORIDA AVE HERNANDO FL 34442 592998366 501(C)(3) 36564 GENERAL SUPPORT BERKELEY PREP SCHOOL 4811 KELLY ROAD TAMPA FL 33615 591292802 501(C)(3) 11500 GENERAL SUPPORT ALS 3242 PARKSIDE CENTER CIRCLE TAMPA FL 33619 943124732 501(C)(3) 23000 GENERAL SUPPORT RUTH ECKERD HALL 1111 MCMULLEN BOOTH RD CLEARWATER FL 33759 592868623 501(C)(3) 11500 GENERAL SUPPORT CATHOLIC CHARITIES 106 11TH AVE NE RUSKIN FL 33570 590875805 501(C)(3) 5279 GENERAL SUPPORT BIG BROTHERSBIG SISTERS OF TAMPA BAY 711 SOUTH DALE MABRY TAMPA FL 33609 592173085 501(C)(3) 117050 GENERAL SUPPORT MORTON PLANT MEASE FOUNDATION 1840 MEASE DRIVE 100 SAFETY HARBOR FL 34695 591751535 501(C)(3) 23000 GENERAL SUPPORT GREATER TAMPA SERTOMA CLUB INC 5601 MARINER ST TAMPA FL 33609 650840098 501(C)(3) 7636 GENERAL SUPPORT HOMELESS EMPOWERMENT PROGRAM 1120 N BETTY LN CLEARWATER FL 33755 592729694 501(C)(3) 143980 GENERAL SUPPORT USF FOUNDATION 4202 E FOWLER AVE ALC 100 TAMPA FL 33620 590879015 501(C)(3) 115021 GENERAL SUPPORT THE FIRST TEE OF TAMPA BAY 7746 TEMPLE TERRACE WAY TEMPLE TERRACE FL 33637 591742909 501(C)(3) 132000 GENERAL SUPPORT SOS INC 1023 HOLLYBERRY CT BRANDON FL 33511 593562625 501(C)(3) 17089 GENERAL SUPPORT DRS KIRAN & PALLAVI PATEL FAMILY FOUNDATION INC 5600 MARINER ST SUITE 200 TAMPA FL 33609 203916634 501(C)(3) 57500 GENERAL SUPPORT CITRUS AID CANCER FOUNDATION 522 N LECANTO HIGHWAY LECANTO FL 34461 463580198 501(C)(3) 13800 GENERAL SUPPORT 28 PART I, LINE 2: THE TOURNAMENT HAS THE "BIRDIES FOR TAMPA BAY CHARITIES" PROGRAM, WHICH HAS LOCAL CHARITIES SOLICIT PLEDGES THAT ARE WRITTEN TO THE VALSPAR CHAMPIONSHIP. AT THE END OF THE PROGRAM, THOSE PLEDGES AND ADDITIONAL FUNDS FROM THE TOURNAMENT ARE GRANTED TO THE RESPECTIVE CHARITIES. THE TOURNAMENT ONLY ALLOWS DOCUMENTED 501(C)(3) NON PROFIT CHARITIES TO PARTICIPATE IN THIS PROGRAM. X X 0 0 0 0 0 0 0 0 0 TRACY WEST TOURNAMENT DIRECTOR 183400 0 60000 0 0 0 0 0 0 0 243400 0 0 0 FORM 990, PART V, LINE 2A: COPPERHEAD CHARITIES, INC. CONTRACTS WITH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR ADMINISTATION OF THE EMPLOYEES. UNDER THIS AGREEMENT, ALL EMPLOYEES OF FRAMEWORKS ARE IN ACTUALITY LEASED FROM THE PEO. DUE TO THIS AGREEMENT, COPPERHEAD DOES NOT FILE FORM W-3 TRANSMITTAL OF WAGE AND TAX STATEMENTS, BUT RATHER THE PEO WILL FILE FOM W-3 THAT WOULD INCLUDE THE EMPLOYEES OF FRAMEWORKS. AS OF JUNE 30, 2016, COPPERHEAD WAS UTILIZING 5 EMPLOYEES THROUGH THE PEO. FORM 990, PART VI, SECTION A, LINE 3 IN SEPTEMBER 2013, THE ORGANIZATION ENTERED INTO A SPORTS EVENT MANAGEMENT AND MARKETING AGREEMENT (THE "AGREEMENT") WITH PRO LINKS SPORTS OF TAMPA, LLC. PRO LINKS IS A FULL-SERVICES GOLF MANAGEMENT COMPANY THAT PROVIDES MANAGEMENT AND MARKETING FUNCTIONS FOR THE VALSPAR CHAMPIONSHIP EFFECTIVE JUNE 1, 2014. PRO LINKS, THROUGH ITS AFFILIATES, MANAGES AND MARKETS VARIOUS PGA TOUR-SANCTIONED GOLF TOURNAMENTS SIMILAR TO THE VALSPAR CHAMPIONSHIP THROUGHOUT THE COUNTRY. THE AGREEMENT PROVIDES THAT PRO LINKS WILL MANAGE ALL ASPECTS OF THE VALSPAR CHAMPIONSHIP, INCLUDING SALES AND MARKETING, COURSE OPERATIONS, TOURNAMENT OPERATIONS, AND ACTIVITIES INVOLVING PLAYERS, HOSPITALITY AND VOLUNTEERS. TO FULFILL ITS RESPONSIBILITIES UNDER THE AGREEMENT, PRO LINKS WILL ASSIGN VARIOUS EMPLOYEES AND CONTRACTORS TO THE PERFORMANCE OF SERVICES WITHIN THE AGREEMENT. AS SUCH, PREVIOUS EMPLOYEES OF THE ORGANIZATION BECAME EMPLOYEES OF PRO LINKS EFFECTIVE JUNE 1, 2014. THE AGREEMENT SHALL REMAIN IN EFFECT FROM ITS INITIAL TERM AND SHALL RUN CO-TERMINUS WITH THE TITLE SPONSOR AGREEMENT, INCLUDING ANY RENEWALS OR EXTENSIONS. THE ORGANIZATION WILL COMPENSATE PRO LINKS FOR ALL EMPLOYMENT AND TOURNAMENT EXPENSES AS OUTLINED IN THE AGREEMENT. IN ADDITION, THE ORGANIZATION WILL PAY AN ANNUAL FEE OF $250,000 PLUS AN ANNUAL PERFORMANCE BONUS BASED ON NET TOURNAMENT PROCEEDS (AS DEFINED IN THE AGREEMENT) EACH YEAR. DURING THE YEAR ENDED MAY 31, 2016, THE ORGANIZATION PAID PRO LINKS APPROXIMATELY $1,182,000, WHICH INCLUDES EMPLOYMENT AND TOURNAMENT EXPENSES AND THE ANNUAL FEE OF $270,400. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DESCRIBED IN THE ORGANIZATION'S BYLAWS. ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES HAVE BEEN MADE AWARE OF THE POLICY AND ARE EXPECTED TO DICSCLOSE ANY POTENTIAL CONFLICTS AND TO RECUSE THEMSELVES FROM ANY DISCUSSION OR VOTE RELATED TO THAT MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT OF THE ORGANIZATION IS DETERMINED THROUGH A PROCESS BY WHICH INFORMATION IS GATHERED REGARDING SALARIES PAID TO INDIVIDUALS IN SIMILAR POSITIONS AT OTHER ORGANIZATIONS. THIS INFORMATION IS USED TO HELP THE BOARD ARRIVE AT THE PRESIDENT'S COMPENSATION PACKAGE, WHICH IS SPELLED OUT IN A FORMAL EMPLOYMENT CONTRACT. THE ORGANIZATION HAS TWO OFFICERS OTHER THAN THE PRESIDENT AND NO OTHER KEY EMPLOYEES. THEIR COMPENSATION IS PROPOSED BY THE PRESIDENT, BASED UPON COMPENSATION PAID FOR SIMILAR POSITIONS IN OTHER ORGANIZATIONS, AND IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION NOTES THAT IT IS NOT REQUIRED TO MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VI, SECTION C, LINE 19 THE FORMS 1023 AND 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C, FINANCIAL STATEMENTS AND REPORTING: THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.