2024-02-14T14:04:52-06:00 2023-09-30 454084437 WARREN AVERETT LLC 400 NORTH ASHLEY DRIVE SUITE 700 TAMPA FL 33602 990 2022-10-01 832026345 TAMPA BAY ECONOMIC PROSPERITY FOUNDATION INC TAMP 8135182624 101 EAST KENNEDY BLVD 1750 TAMPA FL 33602 CRAIG RICHARD PRESIDENT/CEO 8135182624 2024-02-13 1 CRAIG RICHARD XXX-XX-XXXX 1 MEGAN RANDOLPH P00989558 8132292321 2024-02-13 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z CRAIG RICHARD 101 EAST KENNEDY BLVD 1750 TAMPA FL 33602 350880 0 X WWW.TAMPABAYEDC.COM X 2018 FL TO CONDUCT RESEARCH AND EDUCATE OUR COMMUNITY ABOUT ISSUES THAT AFFECT JOB CREATION AND ECONOMIC OPPORTUNITY IN TAMPA BAY. 5 5 0 0 0 0 88309 350880 0 0 0 0 0 0 88309 350880 0 0 0 0 0 0 0 0 0 390425 397119 390425 397119 -302116 -46239 1281473 972532 287384 24682 994089 947850 X THE ORGANIZATION WILL CONDUCT SCIENTIFIC RESEARCH ON A VARIETY OF SOCIAL WELFARE ISSUES FACING THE TAMPA METROPOLITAN AREA. THE RESEARCH WILL FOCUS ON UNDERSTANDING THE NEEDS OF LOCAL BUSINESSES AND INDUSTRIES IN THE TAMPA AREA, AS WELL AS THE NEEDS OF UNEMPLOYED, UNDEREMPLOYED AND UNDERSERVED RESIDENTS OF THE AREA. THROUGH ITS RESEARCH, THE ORGANIZATION WILL AIM TO IDENTIFY THE SKILL DEFICIENCIES IN THE LOCAL WORKFORCE AND OTHER BARRIERS TO ECONOMIC GROWTH AND EXAMINE HOW CERTAIN SOCIAL FACTORS AFFECT THE ECONOMIC PROSPERITY OF TAMPA RESIDENTS. THE RESEARCH WILL BE CONDUCTED BY PAID EMPLOYEES OF THE ORGANIZATION AND WILL BE FUNDED BY GRANTS AND DONATIONS TO THE ORGANIZATION 0 1 387069 0 0 FISCAL YEAR 2023 WAS A WATERSHED YEAR FOR THE STILL RELATIVELY NEW TAMPA BAY ECONOMIC PROSPERITY FOUNDATION. THE TEAM MADE RAPID PROGRESS WITH OUR INCLUSIVE ECONOMIC GROWTH INITIATIVES AND RECEIVED SEVERAL SIGNIFICANT GIFTS THAT BROUGHT US WITHIN STRIKING DISTANCE OF OUR CAPITAL CAMPAIGN GOAL.THE FOUNDATION GRANTED FUNDING IN SUPPORT OF A TRANSFORMATIONAL REDEVELOPMENT PLAN FOR AN INDUSTRIAL CORRIDOR IN EAST TAMPA. INFORMED BY BUSINESS AND LANDOWNERS IN THE DISTRICT, DOZENS OF COMMUNITY PARTNERS, AND THE TAMPA BAY ECONOMIC DEVELOPMENT COUNCIL'S INVESTOR-LED COMMUNITY DEVELOPMENT WORKING GROUP, THE PLAN INCLUDES A STRATEGY FOR PUBLIC IMPROVEMENTS, CATALYTIC PROJECTS, AND NEW PROGRAMS TO ENHANCE JOB CREATION AND STARTUP ACTIVITY. THE FOUNDATION ALSO SUPPORTED THE STARTUP COSTS FOR THE CREATION AND ADMINISTRATION OF OPPORTUNITY TAMPA BAY INC, OR OTBI. THIS ENTITY WILL PROVIDE INVESTMENT CAPITAL AND ECONOMIC DEVELOPMENT SERVICES IN LOW-INCOME AREAS THROUGHOUT HILLSBOROUGH COUNTY, LEAD THE CHARGE ON THE EAST TAMPA INDUSTRIAL DISTRICT, AND ENGAGE MORE PARTNERS TO INVEST IN THE PROJECT.THE FOUNDATION'S CERTUP CAREER AWARENESS CAMPAIGN SUCCESSFULLY COMPLETED ITS FIRST-YEAR PILOT CAMPAIGN. LATE LAST YEAR, BILLBOARDS AND BUS SHELTERS THROUGHOUT EAST TAMPA, CENTRAL PARK AND YBOR CITY NEIGHBORHOODS ENCOURAGED CAREER SEEKERS TO MAKE MORE AND BE GREATER BY FINDING A SHORT-TERM CERTIFICATE OR DEGREE PROGRAM THAT COULD CHANGE THEIR LIFE.THE FALL 2022 AND SPRING 2023 CAMPAIGNS GENERATED MORE THAN 33 MILLION IMPRESSIONS AND A THOUSAND HITS PER WEEK TO THE CERTUPTAMPA WEB SITE. BLANKETING EAST TAMPA WITH BILLBOARDS, BUS SHELTER ADS, AND DIGITAL ADVERTISING HELPED TO COMPLETELY FILL THE AUGUST WELDING PROGRAM COHORT AT HCC'S POSTSECONDARY ADULT VOCATIONAL PROGRAM CENTER IN EAST TAMPA. THE TAMPA BAY ECONOMIC PROSPERITY FOUNDATION RECEIVED SEVERAL MAJOR GIFTS FROM NEW DONORS INCLUDING THE MOSAIC COMPANY, TRUIST, AND GOOGLE, AS WELL AS ADDITIONAL SUPPORT FROM HILLSBOROUGH COMMUNITY COLLEGE. THESE GIFTS HAVE ALLOWED US TO ACCELERATE OUR CAMPAIGN DEPLOYMENT AND FUELED MOMENTUM FOR OUR REDEVELOPMENT INITIATIVES. 387069 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X CRAIG RICHARD 8135182624 101 EAST KENNEDY BLVD STE 1750 TAMPA FL 33602 DR KEN ATWATER PHD CHAIR 1.00 1.00 X X 0 0 0 COLLEEN CHAPPELL VICE-CHAIR 1.00 1.00 X X 0 0 0 PATTY HAMILTON SECRETARY/TREASURER 1.00 0.00 X X 0 0 0 NATHANIEL DOLINER DIRECTOR 1.00 0.00 X 0 0 0 FELICIA HARVEY DIRECTOR 1.00 0.00 X 0 0 0 CRAIG RICHARD PRESIDENT/CEO 1.00 44.00 X 0 436600 105577 0 436600 105577 0 0 1 0 0 350880 350880 350880 0 0 0 8340 8340 1867 1867 PROGRAM EXPENSES 385202 385202 BANK FEES 1571 1571 MISC EXPENSES 78 78 SUBSCRIPTIONS 61 61 397119 387069 10050 0 1087353 972532 194120 0 1281473 972532 287384 24682 287384 24682 X 452329 458077 541760 489773 994089 947850 1281473 972532 -46239 0 X X 0 1 X 1 0 X X X 1 TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION 271010441 10 1 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCH A, PART IV, SEC A , LINE 3B THE SUPPORTING ORGANIZATION HAS FULL ACCESS TO ALL RELEVANT FINANCIAL INFORMATION OF THE SUPPORTED ORGANIZATION WHICH ENABLES IT TO MAKE ALL NECESSARY CALCULATIONS TO DETERMINE THE SUPPORTED ORGANIZATION'S QUALIFICATION UNDER THE SUPPORT TEST OF SECTION 509(A)(2). SCH A, PART IV, SEC A , LINE 3C THERE IS SUBSTANTIAL OVERLAP OF OFFICERS AND DIRECTORS BETWEEN THE SUPPORTED AND SUPPORTING ORGANIZATIONS. THIS OVERLAP GIVES THE SUPPORTING ORGANIZATION THE ABILITY TO OVERSEE THE EXPENDITURE OF THE FUNDS OF THE SUPPORTED ORGANIZATION TO ENSURE THE FUNDS ARE SPENT FOR CHARITABLE PURPOSES UNDER SECTION 170(C)(2)(B). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO TAMPA BAY ECONOMIC DEVELOPMENT COUNCIL 24682 24682 X PART X, LINE 2: TAMPA BAY ECONOMIC PROSPERITY FOUNDATION, INC. HAS INCOME TAX MATTERS THAT MAY ARISE FROM ONGOING OPERATIONS FROM TIME TO TIME, AND MANAGEMENT MAKES ACCRUALS FOR THOSE MATTERS WHERE APPROPRIATE. THE COMPANY IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS OR OF ANY TAX POSITIONS TAKEN THAT ARE SUBJECT TO A SIGNIFICANT DEGREE OF UNCERTAINTY. 0 1 0 0 0 0 0 0 0 CRAIG RICHARD PRESIDENT/CEO 0 355100 0 74000 0 7500 0 68515 0 37062 0 542177 0 90146 PART I, LINE 4B DURING FY2023, CRAIG RICHARD PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. THE ORGANIZATION CONTRIBUTED $53,265 INTO THE PLAN ON MR. RICHARD'S BEHALF. THE TOTAL DEFERRED COMPENSATION PLAN CONTRIBUTIONS MADE PRIOR TO FY2023 WAS $90,146. THUS, A TOTAL OF $143,411 DEFERRED COMPENSATION PLAN CONTRIBUTIONS HAVE BEEN MADE THROUGH FY 2023. FORM 990, PART III, LINE 3 THE PROGRAM SERVICE PREVIOUSLY REPORTED ON THE 2021 FORM 990 FOR THE MASTER PLAN FOR THE SMART MANUFACTURING INNOVATION INSTITUTE PARTNERSHIP WITH USF IN THE EAST TAMPA INDUSTRIAL DISTRICT WAS ACHIEVED WITH GREAT SUCCESS. THEREFORE, THE PROGRAM HAS BEEN REMOVED FROM THE STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, OFFICER, OR MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IS AN INTERESTED PERSON. AN INTERESTED PERSON MUST DISCLOSE TO THE APPROPRIATE BOARD MEMBERS OR COMMITTEE(S) THE DETAILS OF ANY FINANCIAL INTEREST WHICH COULD LEAD TO A CONFLICT OF INTEREST. THE BOARD MEMBERS OR COMMITTEE(S) WILL DISCUSS THE MATTER WITH THE INTERESTED PERSON AND THEN VOTE ON WHETHER A CONFLICT OF INTEREST EXISTS AND ANY STEPS THAT SHOULD BE TAKEN TO RESOLVE THE CONFLICT. THE CHAIRPERSON OF THE BOARD OR COMMITTEE MAY ALSO, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE ORGANIZATION'S OFFICERS IS PAID BY THE RELATED ORGANIZATION, TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION (THEDC). PURSUANT TO THE BYLAWS OF THEDC, THE ORGANIZATION HAS AN ACTIVE COMPENSATION COMMITTEE THAT REVIEWS AND APPROVES THE COMPENSATION FOR THE PRESIDENT AND CEO, INCLUDING DIRECT PAY AND BENEFITS. THE COMPENSATION PLAN INCLUDES BENCHMARK COMPARISONS OF PAY AND BENEFITS TO INDUSTRY AND GEOGRAPHIC DATA. THESE ITEMS ARE COLLECTIVELY APPROVED BY THE EXECUTIVE COMMITTEE THROUGH THE ANNUAL BUDGET APPROVAL PROCESS. THE CEO'S PERFORMANCE IS REVIEWED BY THE COMPENSATION COMMITTEE ANNUALLY. THE COMPENSATION FOR ALL EMPLOYEES OTHER THAN THE CEO IS DETERMINED BY THE CEO. THESE ITEMS ARE COLLECTIVELY APPROVED BY THE EXECUTIVE COMMITTEE THROUGH THE ANNUAL BUDGET APPROVAL PROCESS. 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 XII, LINE 2C: THE ORGANIZATION MADE NO CHANGES TO ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION 101 EAST KENNEDY BLVD SUITE 1750 TAMPA FL 33602 271010441 DEVELOP & SUSTAIN LOCAL ECONOMY THROUGH HIGH WAGE JOBS & CAPITAL INVESTMENT FL 501(C)(6) 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0