2016-06-22T07:19:53-05:00 2015-09-30 410746749 CLIFTONLARSONALLEN LLP 201 N FRANKLIN ST SUITE 2500 TAMPA FL 33602 990 2014-10-01 592529118 TAMPA BAY CONVENTION AND VISITORS BUREAU INC TAMP 8008268358 401 E JACKSON STREET NO 2100 TAMPA FL 33602 GREGORY K ORCHARD CHIEF FINANCIAL OFFICER 8008268358 2016-04-20 1 LAUREN BALLARD P01451787 8133842700 2016-04-18 2014 2016-09-27 15:27:22Z VISIT TAMPA BAY SANTIAGO CORRADA 401 E JACKSON STREET NO 2100 TAMPA FL 33602 11702632 0 X WWW.VISITTAMPABAY.COM X 1985 FL CREATE VIBRANT ECONOMIC GROWTH BY SELLING AND PROMOTING THE TAMPA BAY DESTINATION. 25 24 74 100 31579 1439 10200000 11071775 1704765 313692 0 0 132380 215774 12037145 11601241 0 634516 0 0 4738856 4293507 0 0 0 7478295 6529895 12217151 11457918 -180006 143323 3844119 3546154 1935485 1505567 1908634 2040587 X CREATE VIBRANT ECONOMIC GROWTH BY SELLING AND PROMOTING THE TAMPA BAY DESTINATION. 0 0 AS THE OFFICIAL MARKETING ORGANIZATION FOR HILLSBOROUGH COUNTY, VISIT TAMPA BAY'S MISSION IS TO CREATE VIBRANT GROWTH FOR THE LOCAL ECONOMY BY PROMOTING, DEVELOPING, AND EXPANDING A UNITED VISITOR INDUSTRY." WITH A FISCAL YEAR 2014-15 BUDGET OF APPROXIMATELY $11.5 MILLION, VISIT TAMPA BAY IMPLEMENTED STRATEGIC SALES, MARKETING, PUBLIC RELATIONS AND MEMBERSHIP INITIATIVES THAT DIRECTLY CONTRIBUTED TO THE LOCAL COMMUNITY'S ECONOMY, BUSINESS CLIMATE, AND QUALITY OF LIFE.IN ITS ROLE AS AN ECONOMIC DEVELOPMENT ORGANIZATION FOR HILLSBOROUGH COUNTY, VISIT TAMPA BAY SUPPORTS THE LOCAL HOSPITALITY AND TOURISM COMMUNITY, WHICH IS THE AREA'S TOP INDUSTRY. IN 2014, THE TOURISM INDUSTRY IN THE COUNTY: WELCOMED 20.8 MILLION VISITORS 47,000 JOBS WITH $2 BILLION IN ASSOCIATED INCOME $330 MILLION STATE AND LOCAL REVENUES EQUIVALENT TO $698 PER HILLSBOROUGH COUNTY HOUSEHOLDTHE FINANCIAL IMPACT OF THE TOURISM INDUSTRY DIRECTLY REACHES LOCAL HOTELS, RESTAURANTS, ATTRACTIONS, MUSEUMS, SHOPPING CENTERS, AIRPORTS, CRUISE LINES, TRANSPORTATION COMPANIES, ETC. IN ADDITION, TOURISM ALSO INDIRECTLY SUPPORTS LOCAL BUSINESSES LIKE DRY CLEANERS, DOCTOR'S OFFICES, AND GROCERY STORES BY PROVIDING EMPLOYMENT FOR RESIDENTS, WHICH IN TURN, HELPS TO MAINTAIN A STRONG AND VIBRANT LOCAL ECONOMY, AND BY BRINGING CONSUMERS INTO THE MARKET WHO MAY NEED ACCESS TO THESE SERVICES DURING THEIR STAY. IN FY 2015, VISIT TAMPA BAY WAS RESPONSIBLE FOR BOOKING MORE THAN 945,000 ROOM NIGHTS IN AREA HOTELS AS A RESULT OF MEETINGS AND LEISURE GROUP SALES. THE ECONOMIC IMPACT OF THESE GROUPS IN THE LOCAL COMMUNITY IS ESTIMATED TO BE MORE THAN $225 MILLION. OVER 550 BOOKINGS WERE SECURED FOR HILLSBOROUGH COUNTY, AND OVER 400 CLIENTS AND POTENTIAL CUSTOMERS WERE INTRODUCED TO THE TAMPA BAY AREA THROUGH SITE VISITS AND FAMILIARIZATION TOURS. IN ADDITION, THE COMPANY ATTENDED 113 TRADE SHOWS AND SALES TRIPS, AND PRODUCED OVER 40 OUT-OF-MARKET PROMOTIONS AND CLIENT EVENTS IN KEY MARKETS BOTH DOMESTICALLY AND INTERNATIONALLY. THE SERVICES DIVISION, IN PROVIDING SUPPORT TO MEETING PLANNER CLIENTS, PRODUCED OVER 4,730 MEMBER REFERRALS AND BUSINESS LEADS AND SUPPORTED 15 PRE-PROMOTE ACTIVITIES ACROSS THE COUNTRY. WITH A FOCUS ON GENERATING EXPOSURE FOR TAMPA BAY, THE COMPANY IMPLEMENTED A $1.25 MILLION ADVERTISING PLAN IN CONSUMER AND MEETINGS MEDIA, AS WELL AS ON TRAVEL-RELATED INTERNET SITES, GENERATING MORE THAN 250 MILLION MARKETING IMPRESSIONS. THESE MARKETING AND ADVERTISING EFFORTS GENERATED 103,800 ROOM NIGHTS IN AREA HOTELS, CREATING AN INCREMENTAL ECONOMIC IMPACT OF OVER $45 MILLION FOR HILLSBOROUGH COUNTY. MORE THAN 1,000 UNPAID NATIONAL AND INTERNATIONAL MEDIA PLACEMENTS WERE GARNERED AND 110 JOURNALISTS WERE HOSTED. OVER 1.75 MILLION CONSUMERS SOUGHT ADDITIONAL INFORMATION ABOUT THE TAMPA BAY AREA THROUGH VISIT TAMPA BAY'S WEBSITE. THE OFFICIAL TAMPA BAY VISITOR INFORMATION CENTERS, OPERATED BY VISIT TAMPA BAY, ASSISTED OVER 31,000 INDIVIDUALS WITH AREA RECOMMENDATIONS AND INFORMATION. AS A PARTNER-BASED ORGANIZATION, VISIT TAMPA BAY SERVED OVER 760 AREA BUSINESSES BY PROVIDING SALES AND MARKETING OPPORTUNITIES THROUGHOUT 2014-15. MEMBERS RECEIVE MANY BENEFITS FROM VISIT TAMPA BAY, INCLUDING ACCESS TO SALES LEADS, CLIENT REFERRALS FOR BUSINESS, LISTINGS IN OFFICIAL TAMPA BAY PUBLICATIONS, AND OPPORTUNITIES TO PARTICIPATE IN SALES CALLS, TRADESHOWS, SALES MISSIONS, PROMOTIONS, CLIENT AND MEDIA FAMILIARIZATION TOURS, AND OTHER COOPERATIVE SALES AND MARKETING INITIATIVES. 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 74 1 1 1 0 0 0 1 1 0 X 25 24 0 0 0 0 1 1 0 1 1 0 0 1 0 1 1 1 1 0 X GREG ORCHARD 8133424082 401 E JACKSON STREET SUITE 2100 TAMPA FL 33602 KEN ANTHONY BOARD CHAIR 1.00 X X 0 0 0 EDWARD FANDEL VICE CHAIR 1.00 X X 0 0 0 BRUCE NARZISSENFELD TREASURER 1.00 X X 0 0 0 RON MCANAUGH SECRETARY 1.00 X X 0 0 0 RON ALICANDRO DIRECTOR 1.00 X 0 0 0 JEFF ANTONACCIO DIRECTOR 1.00 X 0 0 0 PAM AVERY DIRECTOR 1.00 X 0 0 0 JIM BARTHOLOMAY DIRECTOR 1.00 X 0 0 0 ROBERT CANTON DIRECTOR 1.00 X 0 0 0 JOE COLLIER DIRECTOR 1.00 X 0 0 0 JAMES DEAN DIRECTOR 1.00 X 0 0 0 ERIC HART DIRECTOR 1.00 X 0 0 0 ROB HIGGINS DIRECTOR 1.00 X 0 0 0 GREG HORWEDEL DIRECTOR 1.00 X 0 0 0 PAUL JOSEPH DIRECTOR 1.00 X 0 0 0 JOE LOPANO DIRECTOR 1.00 X 0 0 0 KEN LUCAS DIRECTOR 1.00 X 0 0 0 TROY MANTHEY DIRECTOR 1.00 X 0 0 0 BOB MCDONAUGH DIRECTOR 1.00 X 0 0 0 BOB MORRISON JR DIRECTOR 1.00 X 0 0 0 BOB PASSWATERS DIRECTOR 1.00 X 0 0 0 NABIL SALLOUM DIRECTOR 1.00 X 0 0 0 DANIELLE SEABERG DIRECTOR 1.00 X 0 0 0 THOM STORK DIRECTOR 1.00 X 0 0 0 SANTIAGO CORRADA CEO 40.00 X X 277175 0 8187 GREGORY K ORCHARD CFO 40.00 X 155474 0 15296 ALEX KAPTZAN VP CONVENTION SALES 40.00 X 139735 0 14619 JOLYNN LOKEY VP ADMINISTRATION 40.00 X 130397 0 14110 DOUG MCCLAIN VP MARKETING 40.00 X 134462 0 14349 JOYCE FISK VP MEMBERSHIP 40.00 X 115304 0 13133 KAREN JOHNSTON REGIONAL ACCOUNT EXEC 40.00 X 127243 0 8520 1079790 0 88214 7 0 1 0 PP&K 1102 N FLORIDA AVENUE TAMPA FL 33602 ADVERTISING 1627938 VISIT FLORIDA 2540 W EXECUTIVE CENTER CIRCLE TALLAHASSEE FL 32301 ADVERTISING AND TRADE SHOWS 231766 MADDEN MEDIA 345 E TOOLE AVE TUCSON AZ 85701 ADVERTISING 182791 3 539722 10116220 415833 11071775 MEMBER EVENTS 900099 209300 209300 REGISTRATION AND HOUSING 900099 84944 84944 MANAGEMENT FEE INCOME 561000 19448 19448 313692 190318 101391 88927 88927 ADVERTISING INCOME 511190 126847 31579 95268 126847 11601241 402619 31579 95268 634516 485118 3033372 104209 413750 257058 19500 425513 2577214 200116 335938 586465 839562 1170208 147201 20727 DUES AND MEMBERSHIPS 118021 FULFILLMENT 85505 3925 11457918 2921391 2665524 255467 149404 229295 239339 72643 73857 38416 194915 1324346 1107721 320322 216625 6585 6490 3844119 3546154 1622155 1197081 313330 308486 1935485 1505567 X 1908634 2040587 1908634 2040587 3844119 3546154 X 143323 -11370 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 241719 153569 88150 773537 755535 18002 309090 198617 110473 216625 X 12265677 563045 101391 664436 11601241 0 11601241 12133724 563045 112761 675806 11457918 0 11457918 PART X, LINE 2: THE BUREAU IS INCORPORATED AS A NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE BUREAU IS SUBJECT TO TAXATION FOR UNRELATED BUSINESS INCOME, WHICH INCLUDES INCOME FROM RETAIL OPERATIONS. THE BUREAU HAS INCOME TAX MATTERS THAT MAY ARISE FROM ONGOING OPERATIONS FROM TIME TO TIME, AND MANAGEMENT WOULD MAKE ACCRUALS FOR THOSE MATTERS WHERE APPROPRIATE. THE BUREAU HAS ADOPTED THE STANDARD FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE BUREAU'S 2012 THROUGH 2015 TAX YEARS ARE OPEN FOR EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS). THE BUREAU FILES AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 101,391. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 101,391. BAD DEBTS 11,370. SOUTH AMERICA 1 1 PROGRAM SERVICES PROMOTING TAMPA/HILLSBOROUGH COUNTY AS A CONVENTION AND TOURIST DESTINATION 41694 EUROPE 2 2 PROGRAM SERVICES PROMOTING TAMPA/HILLSBOROUGH COUNTY AS A CONVENTION AND TOURIST DESTINATION. 135321 SOUTH ASIA 1 1 PROGRAM SERVICES PROMOTING TAMPA/HILLSBOROUGH COUNTY AS A CONVENTION AND TOURIST DESTINATION. 2500 4 4 0 0 4 4 179515 0 179515 0 0 0 0 0 0 0 TAMPA BAY SPORTS COMMISSION INC 401 E JACKSON STREET SUITE 2100 TAMPA FL 33602 593468367 501(C)(3) 367369 EVENT SPONSORSHIPS TAMPA BAY BOWL ASSOCIATION INC 4211 W BOY SCOUT BLVD SUITE 560 TAMPA FL 33607 592643123 501(C)(3) 100000 SPONSORSHIP 2014-2015 OUTBACK BOWL COPPERHEAD CHARITIES INC 36750 US 19 NORTH PALM HARBOR FL 34684 592319162 501(C)(3) 25000 SPONSOR VALSPAR GOLF CHAMP FLORIDA SOCIETY OF ASSOCIATION EXECUTIVES INC 2410 MAHAN DR SUITE 2 TALLAHASSEE FL 32308 596140583 501(C)(6) 19000 2015 JULY ANNUAL CONF-LUNCH RELIGIOUS CONFERENCE MANAGEMENT ASSOCIATION INC 7702 WOODLAND DR SUITE 120 INDIANAPOLIS IN 46278 311051699 501(C)(3) 18500 RCMA EMERGE 2015 PLATINUM SPONSOR FEEDING AMERICA TAMPA BAY INC 4702 TRANSPORT DRIVE BUILDING 6 TAMPA FL 33605 592116576 501(C)(3) 15000 TOURISM GIVES BACK TALLAHASSEE SOCIETY OF ASSOCIATION EXECUTIVES INC 1311-B PAUL RUSSELL ROAD TALLAHASSEE FL 32301 592368120 501(C)(6) 10000 TSAE/FSAE MTG PLAN EXPO SOCIETY OF GOVERNMENT MEETING PROFESSIONALS INC 908 KING STREET SUITE 200 ALEXANDRIA VA 22314 521343672 501(C)(6) 8000 SGMP 2015 SPONSORSHIP 5 3 X X X X 0 0 0 SANTIAGO CORRADA CEO 213341 0 57834 0 6000 0 0 0 8187 0 285362 0 0 0 GREGORY K ORCHARD CFO 128324 0 27150 0 0 0 7774 0 7522 0 170770 0 0 0 ALEX KAPTZAN VP CONVENTION SALES 115320 0 24415 0 0 0 6987 0 7632 0 154354 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS SHALL BE EMPOWERED AND AUTHORIZED TO EXERCISE ALL OF THE POWERS AND AUTHORITY OF THE BOARD OF DIRECTORS AT ALL TIMES, EXCEPT DURING TIMES WHEN THE BOARD OF DIRECTORS IS IN SESSION. THE EXECUTIVE COMMITTEE SHALL BE COMPRISED OF THE OFFICERS OF THE CORPORATION, THE IMMEDIATE PAST CHAIR OF THE CORPORATION, THE CHAIR OF THE FINANCE COMMITTEE AND THREE ADDITIONAL MEMBERS OF THE BOARD OF DIRECTORS SELECTED BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE MEMBERS WHO SHALL BE THOSE PERSONS, CORPORATIONS, LIMITED LIABILITY COMPANIES, PARTNERSHIPS, ASSOCIATIONS, OR FIRMS ELECTED TO MEMBERSHIP BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE DIRECTORS SHALL BE ELECTED BY A MAJORITY VOTE OF THE MEMBERS OF THE CORPORATION PRESENT AND VOTING AT THE ANNUAL MEETING OF MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON DATA SUPPLIED BY THE ORGANIZATION. ONCE A REVIEW IS PERFORMED BY MANAGEMENT OF THE ORGANIZATION, THE FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE FOR THEIR FINAL REVIEW AND APPROVAL. IN ADDITION, A COPY OF THE FORM 990 IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12 THE CORPORATION'S POLICIES AND PROCEDURES MANUAL CONTAINS A SECTION ON BUSINESS ETHICS AND CONDUCT THAT APPLIES TO ALL EMPLOYEES, OFFICERS AND DIRECTORS. THIS POLICY CONTAINS A PROHIBITION AGAINST CONFLICTS OF INTEREST AND PROCEDURES FOR REPORTING VIOLATIONS. IN ADDITION, A CONFLICT OF INTEREST QUESTIONNAIRE IS DISTRIBUTED ANNUALLY IN CONNECTION WITH THE YEAR END AUDIT PROCEDURES THAT REQUIRES AN AFFIRMATIVEE RESPONSE FROM BOARD MEMBERS. ANY TRANSACTION WITH AN EMPLOYEE OR BOARD MEMBER WOULD BE REVIEWED AND APPROVED IN ADVANCE BY THE FINANCE COMMITTEE AND THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS AN ACTIVE COMPENSATION COMMITTEE THAT REVIEWS AND APPROVES THE COMPENSATION PLAN FOR THE ENTIRE ORGANIZATION, INCLUDING DIRECT PAY AND BENEFITS. THE COMPENSATION PLAN INCLUDES BENCHMARK COMPARISONS OF PAY AND BENEFITS FOR EACH POSITION IN THE ORGANIZATION TO INDUSTRY AND GEOGRAPHIC DATA. IN ADDITION, THE COMPENSATION COMMITTEE AND THE EXECUTIVE COMMITTEE REVIEW AND APPROVE THE COMPENSATION PACKAGE FOR THE CEO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: BAD DEBTS -11,370.