2024-11-10T12:21:36-06:00 2024-01-31 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2023-02-01 592643123 TAMPA BAY BOWL ASSOCIATION INC TAMP 8138742695 4211 WEST BOY SCOUT BLVD 560 TAMPA FL 33607 JAMES P MCVAY PRESIDENT/CEO 8138742695 2024-11-09 1 1 TINA HENTON P00630282 4078021200 2024-11-08 2023 2024-10-15 13:58:12Z RELIAQUEST BOWL JAMES P MCVAY 4211 WEST BOY SCOUT BLVD 560 TAMPA FL 33607 11387512 0 X WWW.RELIAQUESTBOWL.COM X 1985 FL POSTSEASON COLLEGE BOWL FOOTBALL GAME. PROCEEDS OF THE GAME BENEFIT THE PLAYING TEAMS' COLLEGES. 22 22 18 100 0 0 0 0 11049277 11070446 48762 241213 611966 75853 11710005 11387512 6609300 6588300 0 0 2148273 2336461 0 0 0 3546011 3536523 12303584 12461284 -593579 -1073772 13138921 12264431 5079667 5278949 8059254 6985482 X TO CREATE AN ECONOMIC IMPACT IN THE TAMPA BAY AREA, POSITIVELY SHOWCASE THE COMMUNITY NATIONALLY AND INTERNATIONALLY, AND MANAGE AN EVENT THAT ADDS TO THE QUALITY OF LIFE IN OUR AREA WHILE MAKING A SIGNIFICANT (CONTINUED ON SCH O) FINANCIAL CONTRIBUTION TO NCAA MEMBER INSTITUTIONS AND PROVIDING A SAFE, EDUCATIONAL AND UNIQUE EXPERIENCE FOR THE STUDENT ATHLETES PARTICIPATING IN THE GAME. 0 0 10118221 6075000 11070446 THE RELIAQUEST BOWL IS A NEW YEAR'S DAY COLLEGE FOOTBALL GAME THAT PAYS SIGNIFICANT FEES TO NCAA PARTICIPATING SCHOOLS FOR THEIR APPEARANCE IN OUR NEW YEAR'S DAY GAME. THIS YEAR THE RELIAQUEST BOWL PAID A COMBINED $6,075,000 TO THE SEC AND BIG TEN CONFERENCES. THE RELIAQUEST BOWL HAS PAID APPROXIMATELY $176,000,000 OVER ITS BRIEF HISTORY TO NCAA MEMBER INSTITUTIONS. THE RELIAQUEST BOWL ASSUMES THE TREMENDOUS FINANCIAL RISK AND LIABILITY WITH ITS FINANCIAL GUARANTEES TO THE SCHOOLS. THE RELIAQUEST BOWL NOT ONLY GUARANTEES ENORMOUS AMOUNTS BUT ALSO PROVIDES HOSPITALITY, ENTERTAINMENT, AND GIFTS TO THE NCAA SCHOOLS AS APART OF ITS COMMITMENT. SINCE ITS INCEPTION, THE BOWL HAS GENERATED AN ECONOMIC IMPACT OF OVER $1.2 BILLION FOR THE TAMPA BAY AREA COMMUNITY. 513300 513300 THE RELIAQUEST BOWL HAS CONTRIBUTED OVER $4,000,000 OVER THE YEARS TO LOCAL CHARITIES. THIS YEAR THE BOWL HAS CONTRIBUTED $513,300 TO 80 CHARITIES IN THE TAMPA BAY AREA. GOING FORWARD, THE RELIAQUEST BOWL HAS PLEDGED AN ADDITIONAL $1 MILLION OVER THE NEXT TWO YEARS TO CHARITIES FROM OUR CHARITABLE GIVING INITIATIVE. 10631521 1 0 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 1 0 0 0 0 0 0 0 0 0 0 0 1 40 0 1 18 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X LINDA KARPOVICH 8138742695 4211 WEST BOY SCOUT BLVD 560 TAMPA FL 33607 CHRIS ROEDERER CHAIR 0.50 X X 0 0 0 GREG ORCHARD VICE CHAIR/TREASURER 0.50 X X 0 0 0 GLENN FASANI VICE CHAIR HILLSBOROUGH 0.50 X X 0 0 0 MINDI RICHTER VICE CHAIR PINELLAS 0.25 X X 0 0 0 CHERYL KLEIMAN SECRETARY 0.25 X X 0 0 0 JEFF ANTONACCIO DIRECTOR (AS OF 05/02/23) 0.25 X 0 0 0 TROY ATLAS DIRECTOR 0.25 X 0 0 0 JERRY BELL DIRECTOR (AS OF 05/02/23) 0.25 X 0 0 0 CATHY BELLATIN DIRECTOR 0.50 X 0 0 0 TODD BUCHANAN DIRECTOR 0.50 X 0 0 0 KYLE BURD DIRECTOR 0.50 X 0 0 0 BILL CAMMARATA DIRECTOR 0.25 X 0 0 0 TRACIE DOMINO DIRECTOR 0.25 X 0 0 0 ED DROSTE DIRECTOR (THRU 05/02/23) 0.25 X 0 0 0 CHRISTOPHER GIBLIN DIRECTOR 0.25 X 0 0 0 ROY HELLWEGE DIRECTOR (THRU 05/02/23) 0.25 X 0 0 0 THAMIR KADDOURI DIRECTOR (AS OF 05/02/23) 0.25 X 0 0 0 ROBIN LESTER DIRECTOR 0.25 X 0 0 0 TIM LOVE DIRECTOR 0.25 X 0 0 0 RITA LOWMAN DIRECTOR 0.25 X 0 0 0 JASON PANDOLFO DIRECTOR 0.25 X 0 0 0 STEVE PRATICO DIRECTOR 0.25 X 0 0 0 KEVIN SMITH DIRECTOR 0.25 X 0 0 0 ROBERT STEPHENS DIRECTOR 0.25 X 0 0 0 TODD TIMMERMAN DIRECTOR 0.25 X 0 0 0 JAMES MCVAY PRESIDENT/CEO 40.00 X 905088 0 87773 MICHAEL SCHULZE DIRECTOR OF SPONSORSHIPS 40.00 X 258519 0 77668 LINDA KARPOVICH TICKET/BUSINESS MANAGER 40.00 X 237090 0 40125 REBECCA WEIGHTMAN EVENT COORDINATOR 40.00 X 181333 0 34555 BLAKE G GUTHRIE DIRECTOR OF COMMUNITY PARTNERSHIPS 40.00 X 184952 0 41208 1766982 0 281329 5 0 1 0 ELDER SPORTS MARKETING 1001 E CAMINO REAL 206N BOCA RATON FL 33432 TITLE SPONSORSHIP BROKER 150000 1 TELEVISION RIGHTS 900099 5350000 5350000 TICKET SALES 900099 2395940 2395940 SPONSORSHIPS 900099 2100170 2100170 MEMBERSHIPS 900099 1090740 1090740 NOVELTIES AND PROGRAMS 900099 133596 133596 11070446 241213 241213 MISCELLANEOUS INCOME 900099 37963 37963 PARKING 900099 37890 37890 75853 11387512 11070446 0 317066 6588300 6588300 1005698 643413 362285 1034670 731809 302861 63813 44607 19206 155548 155548 76732 53637 23095 8684 868 7816 38692 3869 34823 163893 16390 147503 247916 30527 217389 242161 60494 181667 35039 3504 31535 195164 29275 165889 113172 28293 84879 31647 4747 26900 68367 68367 SOCIAL FUNCTIONS 1035338 1035338 GAME DAY EXPENSES 991208 991208 AWARDS & GIFTS 365242 365242 12461284 10631521 1829763 0 304801 41838 12252507 11701988 381915 343218 42706 36838 267690 127141 156992 140549 13138921 12264431 334185 453019 4741682 4824030 3800 1900 5079667 5278949 X 8059254 6985482 8059254 6985482 13138921 12264431 -1073772 0 X 0 1 X 1 0 X 11191904 6555007 11823567 11049277 11070446 51690201 11191904 6555007 11823567 11049277 11070446 51690201 205200 49550 131180 42340 61830 490100 6360643 5890716 7528165 6546730 6761810 33088064 6565843 5940266 7659345 6589070 6823640 33578164 18112037 122676 106801 49997 48762 241213 569449 122676 106801 49997 48762 241213 569449 43528 6670 51498 611966 75853 789515 11358108 6668478 11925062 11710005 11387512 53049165 0.34140 0.35300 0.01070 0.00780 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2019 AMOUNT: $ 3,178. 2020 AMOUNT: $ 5,920. 2021 AMOUNT: $ 11,508. 2022 AMOUNT: $ 575,636. 2023 AMOUNT: $ 37,963. PARKING REVENUE - 2019 AMOUNT: $ 40,350. 2020 AMOUNT: $ 750. 2021 AMOUNT: $ 39,990. 2022 AMOUNT: $ 36,330. 2023 AMOUNT: $ 37,890. 267690 127141 140549 140549 X 5362512 50000 50000 5312512 6075000 6075000 11387512 6436284 50000 50000 6386284 6075000 6075000 12461284 PART X, LINE 2: THE RELIAQUEST BOWL HAS IMPLEMENTED THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES AND MANAGEMENT BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS FOR WHICH EITHER RECOGNITION OR DISCLOSURE IS REQUIRED IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: ALLOCATIONS TO PARTICIPATING TEAMS 6,075,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: ALLOCATIONS TO PARTICIPATING TEAMS 6,075,000. 1 BIG TEN CONFERENCE 506 S WRIGHT ST URBANA IL 61801 363640583 501(C)(3) 3225000 0 ALLOCATION OF GAME PROCEEDS SOUTHEASTERN CONFERENCE 75B HOOD RD STARKVILLE MS 39762 630377461 501(C)(3) 2850000 0 ALLOCATION OF GAME PROCEEDS BOYS & GIRLS CLUBS OF TAMPA BAY 1307 N MACDILL AVENUE TAMPA FL 33607 590624368 501(C)(3) 26000 0 GENERAL SUPPORT CHILDREN'S CANCER CENTER 4901 W CYPRESS ST TAMPA FL 33607 591779035 501(C)(3) 20000 0 GENERAL SUPPORT MOFFITT CANCER CENTER FOUNDATION 12902 USF MAGNOLIA DR TAMPA FL 33612 593238636 501(C)(3) 20000 0 GENERAL SUPPORT WESLEY CHAPEL YOUTH HOCKEY FOUNDATION 29619 CHAPEL PARK DR WESLEY CHAPEL FL 33543 842842654 501(C)(3) 20000 0 GENERAL SUPPORT FRANCISCAN CENTER TAMPA FLORIDA INC 3010 N PERRY AVE TAMPA FL 33603 591356360 501(C)(3) 15000 0 GENERAL SUPPORT THE SKILLS CENTER 5470 E BUSCH BLVD 132 TEMPLE TERRACE FL 33617 260631467 501(C)(3) 15000 0 GENERAL SUPPORT UNIVERSITY OF TAMPA 401 W KENNEDY BLVD TAMPA FL 33606 590624459 501(C)(3) 15000 0 GENERAL SUPPORT WHEELCHAIR 4 KIDS 1976 S PINELLAS AVE TARPON SPRINGS FL 34689 451308941 501(C)(3) 15000 0 GENERAL SUPPORT SOUTHEASTERN GUIDE DOGS 4210 77TH STREET EAST PALMETTO FL 34221 592252352 501(C)(3) 12500 0 GENERAL SUPPORT ST PAUL CATHOLIC SCHOOL 2609 PARK ST JACKSONVILLE FL 32204 593676357 501(C)(3) 12500 0 GENERAL SUPPORT AMERICAN CANCER SOCIETY 12810 USF MAGNOLIA DR TAMPA FL 33612 131788491 501(C)(3) 10000 0 GENERAL SUPPORT HUMANE SOCIETY OF TAMPA BAY 3607 N ARMENIA AVE TAMPA FL 33607 590799907 501(C)(3) 10000 0 GENERAL SUPPORT MARCH OF DIMES 1550 CRYSTAL DR ARLINGTON VA 22202 131846366 501(C)(3) 10000 0 GENERAL SUPPORT SMA FOUNDATION 6919 VISTA DR WEST DES MOINES IA 50266 431582884 501(C)(3) 10000 0 GENERAL SUPPORT STRAZ CENTER FOR THE PERFORMING ARTS 1010 NORTH MACINNES PLACE TAMPA FL 33602 592037085 501(C)(3) 10000 0 GENERAL SUPPORT TAMPA GENERAL HOSPITAL FOUNDATION 1 TAMPA GENERAL CIRCLE RM H-149 TAMPA FL 33606 237354477 501(C)(3) 10000 0 GENERAL SUPPORT TENNIS FOR FUN INC 609 SO SYLVAN DR BRANDON FL 33510 821030690 501(C)(3) 10000 0 GENERAL SUPPORT THE ARC OF TAMPA BAY FOUNDATION 1501 N BELCHER RD STE 244 CLEARWATER FL 33765 592174961 501(C)(3) 10000 0 GENERAL SUPPORT DUNEDIN CARES FOOD PANTRY INC 1224 COUNTY ROAD 1 DUNEDIN FL 34698 472522602 501(C)(3) 9000 0 GENERAL SUPPORT FRAMEWORKS 402 E OAK AVE TAMPA FL 33602 208776228 501(C)(3) 7500 0 GENERAL SUPPORT JUNIOR ACHIEVEMENT OF TAMPA BAY 13707 N 22ND STREET TAMPA FL 33613 591098499 501(C)(3) 7500 0 GENERAL SUPPORT REACH SERVICES 6157 31ST AVE ST PETERSBURG FL 33710 824672063 501(C)(3) 7500 0 GENERAL SUPPORT ST JOSEPH'S CHILDREN'S HOSPITAL FNDN 1451 HARRODSBURG RD STE D308 LEXINGTON KY 40504 611159649 501(C)(3) 7500 0 GENERAL SUPPORT 25 0 PART I, LINE 2: THE RELIAQUEST BOWL NEGOTIATES PARTICIPATION FINANCIAL GUARANTEES TO THE UNIVERSITIES THAT PERFORM IN OUR GAME. THE DOLLAR AMOUNTS ARE NEGOTIATED THROUGH THE PARTICIPATING CONFERENCES AND ARE APPROVED THROUGH THE RELIAQUEST BOWL BOARD OF DIRECTORS. ALL PAYMENTS TO THE UNIVERSITIES AND OTHER ORGANIZATIONS ARE TREATED AS CHARITABLE CONTRIBUTIONS IN SUPPORT OF THOSE PROGRAMS AND THE USE OF THOSE CONTRIBUTIONS IS NOT MONITORED AFTER THE PAYMENTS ARE MADE. X X X X X X 0 0 0 1 0 0 0 0 0 JAMES MCVAY PRESIDENT/CEO 497917 0 336000 0 71171 0 26233 0 61540 0 992861 0 0 0 MICHAEL SCHULZE DIRECTOR OF SPONSORSHIPS 215083 0 15000 0 28436 0 18407 0 59261 0 336187 0 0 0 LINDA KARPOVICH TICKET/BUSINESS MANAGER 209167 0 15000 0 12923 0 17933 0 22192 0 277215 0 0 0 BLAKE G GUTHRIE DIRECTOR OF COMMUNITY PARTNERSHIPS 149167 0 15000 0 20785 0 13133 0 28075 0 226160 0 0 0 REBECCA WEIGHTMAN EVENT COORDINATOR 166333 0 15000 0 0 0 14507 0 20048 0 215888 0 0 0 PART I, LINE 5 JAMES MCVAY, MICHAEL SCHULZE, AND BLAKE GUTHRIE EACH RECEIVE A PORTION OF THEIR INCOME FROM COMMISSIONS BASED ON A PERCENTAGE OF VARIOUS SALES DOLLARS THEY GENERATED TO THE ORGANIZATION. TODD BUCHANAN PARTNER OF BUCHANAN, INGERSOLL & ROONEY 1054 LEGAL SERVICES 0 TODD TIMMERMAN PARTNER OF SHUMAKER, LOOP & KENDRICK LLP 7630 LEGAL SERVICES 0 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS MAY APPOINT AN EXECUTIVE COMMITTEE OF SUCH BOARD, AND MAY DELEGATE TO SUCH COMMITTEE ANY OF THE POWERS AND AUTHORITY OF THE BOARD OF DIRECTORS, EXCEPT THE POWER TO ADOPT, AMEND, OR REPEAL THESE BY-LAWS. SUCH EXECUTIVE COMMITTEE SHALL BE NO LESS THAN FIVE (5) NOR MORE THAN FIFTEEN (15) DIRECTORS, AND SHALL INCLUDE (I) THE CHAIRMAN, THE VICE CHAIRMAN, THE AREA VICE CHAIRMEN, THE SECRETARY, AND THE TREASURER, AS EX OFFICIO MEMBERS; AND (II) THE REMAINING NUMBER AS AT-LARGE MEMBERS ELECTED FROM THE BOARD. NO PERSON MAY SERVE MORE THAN THREE (3) CONSECUTIVE ONE-YEAR TERMS AS AN AT-LARGE MEMBER OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL ACT ONLY IN THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, AND SHALL BE SUBJECT AT ALL TIMES TO THE CONTROL OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE, WITH THE CONCURRENCE OF THE BOARD OF DIRECTORS, MAY EMPLOY ONE OR MORE SALARIED STAFF MEMBERS WHO SHALL BE RESPONSIBLE FOR THE DAY-TO-DAY ADMINISTRATION OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS WILL BE SENT THE FORM 990 FOR REVIEW THROUGH A SECURE WEBSITE PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD OF DIRECTORS AND STAFF OF THE RELIAQUEST BOWL SHALL BE SUBJECT TO THE CONFLICT OF INTEREST POLICY. ALL BOARD MEMBERS AND STAFF ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST AND THAT DISCLOSURE MUST BE PRESENTED TO THE BOARD OF DIRECTORS. THE RELIAQUEST BOWL CONFLICT OF INTEREST POLICY SPECIFICALLY STATES THAT CONFLICTED PARTIES MAY NOT PARTICIPATE IN ANY DELIBERATIONS AND OR DECISION MAKING FOR ITEMS IN WHICH A CONFLICT OF INTEREST HAS BEEN IDENTIFIED. THE BOARD OF DIRECTORS WILL MAKE THE FINAL DECISION IF THERE IS A QUESTION AS TO WHETHER THERE IS A CONFLICT OF INTEREST. THERE WILL BE AN ANNUAL CERTIFICATION PROCESS FOR ALL MEMBERS OF THE BOARD OF DIRECTORS AND STAFF AT THE ANNUAL MEETING. SIGNED COPIES OF THE BOWL CONFLICT OF INTEREST POLICY WILL BE REQUIRED FROM THE BOARD AND THE STAFF. A THOROUGH REVIEW OF ANY AND ALL POTENTIAL CONFLICTS OF INTEREST INVOLVING THE BOARD OR STAFF WILL BE PRESENTED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 PRIOR TO JANUARY 31, THE END OF THE RELIAQUEST BOWL'S FISCAL YEAR, THE RELIAQUEST BOWL PERSONNEL COMMITTEE MEETS TO REVIEW EVERY STAFF MEMBER INCLUDING THE PRESIDENT/CEO. DISCUSSION POINTS INCLUDE JOB PERFORMANCE, JOB DESCRIPTION AND RESPONSIBILITIES REVIEW, GOAL SETTING, ACCOMPLISHMENTS, COMPENSATION AND ANY MATTERS PERTAINING TO THE INDIVIDUAL EMPLOYMENT. THIS IS AN AREA OF GREAT CONCERN AND ATTENTION TO THE RELIAQUEST BOWL'S BOARD OF DIRECTORS. THIS IS A RESPONSIBILITY THE PERSONNEL COMMITTEE TAKES VERY SERIOUSLY. MANY RESOURCES, SUCH AS THE ERNST & YOUNG FOOTBALL BOWL ASSOCIATION COMPENSATION SURVEY, ARE UTILIZED TO AID THE PERSONNEL COMMITTEE WHILE PERFORMING THEIR RESPONSIBILITY. THE PERSONNEL COMMITTEE MAKES DECISIONS THAT IMPACT VERY VALUABLE ASSETS OF THE RELIAQUEST BOWL. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTERST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME.