2024-09-30T08:02:06-04:00 2023-12-31 931601729 ATLANTIC BLUE ADVISORS LLC 34382 CARPENTERS WAY STE 6 LEWES DE 199584919 990 2023-01-01 461001385 KENT COUNTY REGIONAL SPORTS COMPLEX KENT 3023308873 4000 BAY ROAD FREDERICA DE 19946 SEAN MERCER TREASURER 3023308873 2024-09-27 true SARAH E DILL P01524540 3026445990 2024-09-27 2023 2024-10-15 13:58:12Z DE TURF SPORTS COMPLEX WILLIAM STRICKLAND 4000 BAY ROAD FREDERICA DE 19946 2507053 false X WWW.DETURF.COM X 2012 DE TO SERVE AS AN ECONOMIC ENGINE FOR CENTRAL DELAWARE BY PROVIDING A FIRST- CLASS SPORTS DESTINATION VENUE THAT ATTRACTS SPORTS TOURISM TO THE AREA, AS WELL AS SERVICES OUR LOCAL COMMUNITY NEEDS FOR YOUTH TO PLAY, LEARN, COMPETE AND GROW. 16 16 45 100 0 2464024 603815 1573239 1720127 26435 147184 27306 20949 4091004 2492075 0 0 451474 493003 0 15877 2504178 2502146 2955652 2995149 1135352 -503074 22765958 21654104 21786213 21168122 979745 485982 X TO SERVE AS AN ECOMOMIC ENGINE FOR CENTRAL DELAWARE BY PROVIDING A FIRST- CLASS SPORTS DESTINATION VENUE THAT ATTRACTS SPORTS TOURISM TO THE AREA, AS WELL AS SERVICES OUR LOCAL COMMUNITY NEEDS FOR YOUTH TO PLAY, LEARN, COMPETE AND GROW. false false 2476116 1720127 DE TURF PROVIDES A FIRST-CLASS SPORTS COMPLEX VENUE WITH SYNTHETIC TURF FIELDS AND CHAMPIONSHIP STADIUM SEATING. 2476116 true true false false false false false false false false true false false false true false true false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false true 21 0 45 true false false false false false false false false X 16 16 false false false false false false false true true false false true true true true true false true false false DE X X RO O'NEILL 3026701518 4000 BAY ROAD FREDERICA DE 19946 X ANGIE ELIASON FORMER ED 40.00 X 135000 0 4050 PETER BRADLEY CLASS A DIRE 2.00 X 0 0 0 BRIAN BUSHWELLER CLASS B DIRE 2.00 X 0 0 0 MICHAEL CAREY CLASS B DIRE 2.00 X 0 0 0 SHELLY CECCHETT CLASS A DIRE 2.00 X 0 0 0 BILL CONWAY CLASS B DIRE 2.00 X 0 0 0 NANCY COOK CLASS B DIRE 2.00 X 0 0 0 SCOTT HAMMER CLASS B DIRE 2.00 X 0 0 0 CARRIE LINGO CLASS B DIRE 2.00 X 0 0 0 SEAN MERCER TREASURER 5.00 X X 0 0 0 LINDA PARKOWSKI VICE CHAIR 5.00 X X 0 0 0 CHARLES POSTLES CLASS A DIRE 2.00 X 0 0 0 ROBERT REED CLASS B DIRE 2.00 X 0 0 0 JEREMY SHEPPARD CLASS A DIRE 2.00 X 0 0 0 CINDY SMALL SECRETARY 5.00 X X 0 0 0 WILLIAM STRICKLAND BOARD CHAIR 10.00 X X 0 0 0 JESSICA WELCH CLASS A DIRE 2.00 X 0 0 0 135000 4050 1 true false false 123195 480620 603815 TOURNAMENTS 713940 1293906 1293906 LEAGUE REVENUE 713940 190738 190738 FIELD RENTAL 713940 124347 124347 CONCESSION REVENUE 713940 90399 90399 HOTEL REBATES 713940 20387 20387 350 350 1720127 147184 147184 19451 19451 19451 19451 10813 14978 -4165 -4165 INSURANCE PROCEEDS 5206 5206 OTHER REVENUE 457 457 5663 2492075 1725790 162470 135000 81000 40500 13500 284189 251079 33110 40367 33279 5788 1300 33447 27574 4796 1077 5420 5420 24260 24260 58436 22350 36086 64535 64535 391 391 161949 135146 26803 5382 5382 726804 726804 1112512 907248 205264 83245 68627 14618 CLINIC AND LEAGUE EXPENSE 89851 89851 FACILITY MAINTENANCE 68531 56497 12034 SUPPLIES 42799 36275 6524 PARKING 31178 31178 26853 9208 17645 2995149 2476116 503156 15877 1663159 441138 2693298 3606257 36623 45891 720 593 24098454 6780445 17998219 17318009 251713 242216 122226 22765958 21654104 29131 13886 115515 32075 19960000 19650000 157225 32500 1524342 1439661 21786213 21168122 X 473306 254521 506439 231461 979745 485982 22765958 21654104 -503074 9311 X false true X true false X 764459 609434 729719 2464024 603815 5171451 1287684 1138242 1799215 1586344 1725790 7537275 2052143 1747676 2528934 4050368 2329605 12708726 12708726 288 15879 15560 40636 166635 238998 288 15879 15560 40636 166635 238998 15112 15112 2067543 1763555 2544494 4091004 2496240 12962836 0.98040 0.99200 0.02000 0.01000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5031342 842934 4188408 246354 138165 108189 18820758 5799346 13021412 17318009 UNAMORTIZED BOND PREMIUM 936335 DELDOT PAYABLE 285000 ACCRUED INTEREST 201601 PAYROLL LIABILITIES 16725 1439661 2501386 9311 9311 2492075 2492075 3004460 9311 9311 2995149 2995149 false false false false false false false false false ANGIE ELIASON FORMER ED 135000 4050 139050 A KENT COUNTY DELAWARE 516000145 490229AS0 2016-06-01 20760000 BUILDING A SPORTS COMPLEX false false false A 1110000 20760000 3812714 313409 18132810 2017 false false true true A false false false false true false false A false false false false false false false false false A false PURPOSE OF ISSUE DESCRIPTION KENT COUNTY, DELAWARE BUILDING A SPORTS COMPLEX FORM 990 - ORGANIZATION'S MISSION TO SERVE AS AN ECOMOMIC ENGINE FOR CENTRAL DELAWARE BY PROVIDING A FIRST- CLASS SPORTS DESTINATION VENUE THAT ATTRACTS SPORTS TOURISM TO THE AREA, AS WELL AS SERVICES OUR LOCAL COMMUNITY NEEDS FOR YOUTH TO PLAY, LEARN, COMPETE AND GROW. FORM 990 KENT COUNTY REGIONAL SPORTS COMPLEX CORPORATION (OPERATING AS DE TURF) HOSTED THEIR FIRST EVENT IN APRIL OF 2017. EACH YEAR A BALANCED BUDGET IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AND A CASH FLOW PROJECTION IS MAINTAINED. SOME ITEMS ARE INCLUDED IN THE 990 THAT DID NOT HAVE AN EFFECT ON THE CASH FLOW PROJECTION FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. ONE ITEM INCLUDED IN DE TURF'S 990 AT DECEMBER 31, 2023 AND 2022, IS DEPRECIATION EXPENSE OF 1,112,511 AND 1,078,516, RESPECTIVELY. AS PRESENTED IN PART IV LINE 22, THIS IS A NON-CASH EXPENSE AND THEREFORE HAS NO EFFECT ON THE ORGANIZATION'S CASH FLOW. THE DEPRECIATION EXPENSE LISTED ABOVE IS INCLUDED IN THE CHANGE IN NET ASSETS ON THE PART XI. IF IT WAS NOT INCLUDED IN THE CHANGE IN NET ASSETS, THE ORGANIZATION WOULD SHOW A CHANGE IN NET ASSETS OF 618,748 FOR THE YEAR ENDED DECEMBER 31, 2023. FORM 990, PAGE 6, PART VI, LINE 11B THE DRAFT IS REVIEWED AND APPROVED BY THE BOARD BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED BY THE EXECUTIVE DIRECTOR AND IS UPDATED ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD ON AN AS NEEDED BASIS REVIEWS AND APPROVES THE EXECUTIVE DIRECTOR'S SALARY. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE AVAIABLE FOR REVIEW UPON REQUEST AND APPROVAL OF THE BOARD.