2024-06-24T14:16:30-07:00 2023-09-30 593635567 Fontana CPAS 13007 W Linebaugh Ave Tampa FL 33626 990 2022-10-01 201133191 Economic Development Corporation of Sarasota County ECON 9413091200 301 N Cattlemen Rd Sarasota FL 34232 Erin Silk President & CEO 9413091200 2024-06-06 true Erin Silk 000000000 true Eric Fontana P01867525 7277999533 2024-06-06 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Erin Silk 301 N Cattlemen Rd 203 Sarasota FL 34232 1585505 false X edcsarasotacounty.com X 2004 FL To create and foster economic opportunities in collaboration with community and regional partners to diversify, grow and sustain our economy while enhancing our unique natural and cultural environment. 23 23 10 10 0 0 1420161 1348401 0 11779 49551 69642 1469712 1429822 0 0 996540 836050 0 0 387760 583764 1384300 1419814 85412 10008 858365 960710 244646 336983 613719 623727 To create and foster economic opportunities in collaboration with community and regional partners to diversify, grow and sustain our economy while enhancing our unique natural and cultural environment. false false To assist expansion of existing companies, attract and retain quality jobs, solicit new business, promote Sarasota county's business image, and enhance Sarasota county's overall quality of life. false true false true false false false false false false false false true false true false true false false false false false false true false false false false true false false false false false false false false false false false false false false true 22 0 10 true false false false false false false false false X 23 23 false false false false false false false true true false false true true false true true true true false false X Erin Silk 9413091200 301 N Cattlemen Rd 203 Sarasota FL 34232 Lisa Krouse President/CEO (Oct 2022 - June 2023) 40.00 X 206954 0 33497 Erin Silk President/CEO (June 2023 - Sept 2023) 40.00 X 121404 0 12156 Mark Irwin Chair 6.00 X X 0 0 0 Devaney Iglesias Vice Chair 6.00 X X 0 0 0 Steve Morehart Treasurer 6.00 X X 0 0 0 Erin Cigich Secretary 6.00 X X 0 0 0 Joe Hembree Past Chair 6.00 X X 0 0 0 Eric Kowalewski Director 2.00 X 0 0 0 Charlie Murphy Director 2.00 X 0 0 0 Todd Fritch Director 2.00 X 0 0 0 Brett Henson Director 2.00 X 0 0 0 Karen Holbrook Director 2.00 X 0 0 0 Chris Perkins Director 2.00 X 0 0 0 Art Lambert Director 2.00 X 0 0 0 Joseph McKenna Director 2.00 X 0 0 0 Mark Pritchett Director 2.00 X 0 0 0 Charles Murphy Director 2.00 X 0 0 0 Scott Sensenbrenner Director 2.00 X 0 0 0 Rick Severance Director 2.00 X 0 0 0 Byron Shinn Director 2.00 X 0 0 0 Heather Williams Director 2.00 X 0 0 0 Erik Arroyo Director 2.00 X 0 0 0 Nancy Detert Director 2.00 X 0 0 0 Nick Pachota Director 2.00 X 0 0 0 Penny Gold Director 2.00 X 0 0 0 Jill Luke Director 2.00 X 0 0 0 328358 0 45653 2 false true false 0 314207 7000 1027194 7000 1348401 11779 0 11779 201116 7000 155683 45433 0 45433 Fees for services 900099 19697 19697 0 0 Other income 900099 4512 4512 0 0 24209 1429822 24209 0 57212 X 299130 0 0 0 388913 0 0 0 25474 0 0 0 69473 0 0 0 53060 0 0 0 1925 0 0 0 109844 0 0 0 238048 0 0 0 89545 0 0 0 28306 0 0 0 69822 0 0 0 2016 0 0 0 6683 0 0 0 Meals 14348 0 0 0 Bank/Credit Card Fees 10503 0 0 0 Telephone 4954 0 0 0 Miscellaneous 770 0 0 0 7000 0 0 0 1419814 0 0 0 140333 473419 476201 308378 202599 77949 39232 25461 75503 858365 960710 132993 162233 111653 174750 244646 336983 X 613719 623727 613719 623727 858365 960710 10008 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false Operating lease ROU asset 75503 75503 X Pt X, Line 2 The EDC is exempt from federal and state income taxes for general purpose operations under Section 501(c)(6) of the Internal Revenue Code and is not considered to be a private foundation; therefore no provision for income taxes has been made in these combined financial statements. The Organization regognizes the tax benefits from uncertain tax positions only if it is more-likely-than-not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The Organization's income tax filings are subject to audit by various taxing authorities. Management continually evaluates tax positions reflected in the Organization's tax filings and does not believe any material uncertain tax positions exist. Meeting Events 208116 7000 201116 7000 148683 208116 7000 201116 7000 148683 155683 45433 X X X X false false false Lisa Krouse 206954 0 0 0 0 0 9943 0 23554 0 240451 0 0 0 Pt VI, Line 11b A copy of the 990 is submitted to the Finance Committee and then the full EDC Board of Directors during regularly scheduled and noticed public meetings. This is prior to signature and filing the form. Pt VI, Line 12c The Board of Directors and staff sign a conflict of interest when they join and then they voluntarily comply. Pt VI, Line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public. Documents are made available to review at noticed public meetings of the Finance Committee, Governance Committee and Board of Director meetings. Documents are also available by request to the EDC office as per Florida State Statue. Pt VI, Line 15a The Executive Committee comprised of independent persons reviews compensation of the President and CEO on a yearly basis. A determination is made utilizing comparable data from the International Economic Development Council and other sources. The Executive Committee meetings generally consist of six noticed public meetings and involves a yearly evaluation of the President and CEO on organizational performance measures. The Board of Directors approved the President and CEO annual contract and compensation. The Executive Committee monitors market data for President and CEO compensation. Form 990, Part IX, Line 11g Training 22090. Form 990, Part IX, Line 11g Temp Fees 19309. Form 990, Part IX, Line 11g Other 14788. Form 990, Part IX, Line 11g Consulting 89549. Form 990, Part IX, Line 11g Data Analytics 33133. Form 990, Part IX, Line 11g Public Relations 26050. Form 990, Part IX, Line 11g IT Support 19564. Form 990, Part IX, Line 11g Recruiting 8513. Form 990, Part IX, Line 11g Software Support 5052.