2025-05-15T19:47:53-05:00 2024-06-30 593186310 THOMAS HOWELL FERGUSON PA 2615 CENTENNIAL BLVD SUITE 200 TALLAHASSEE FL 32308 990 2023-07-01 591561180 SEMINOLE BOOSTERS INC SEMI 8506448803 PO BOX 1353 TALLAHASSEE FL 323021353 JP SINCLAIR III CFO 8506448803 2025-05-14 1 0 STACEY T KOLKA P01371120 8506688100 2023 2025-03-06 01:10:19Z JP SINCLAIR III PO BOX 1353 TALLAHASSEE FL 323021353 85102313 0 X WWW.SEMINOLE-BOOSTERS.COM X 1974 FL TO PROVIDE FINANCIAL SUPPORT FOR THE STUDENTS AND INTERCOLLEGIATE ATHLETIC PROGRAMS AT FLORIDA STATE UNIVERSITY. 55 55 70 115 1557569 133700 78604109 66408006 1989798 3600351 892381 1762217 7279729 8790610 88766017 80561184 3773286 3337364 0 0 6299096 7279045 0 0 5484794 63827587 81205466 73899969 91821875 14866048 -11260691 230811125 230183894 69804974 77698492 161006151 152485402 SEMINOLE BOOSTERS, INC. WAS CREATED AS A NOT-FOR-PROFIT ORGANIZATION TO STIMULATE AND PROMOTE THE EDUCATION, HEALTH, AND PHYSICAL WELFARE OF THE STUDENT OF FLORIDA STATE UNIVERSITY BY PROVIDING FINANCIAL SUPPORT FOR THE INTERCOLLEGIATE ATHLETIC PROGRAM AT FSU. 0 0 18579219 3337364 EXPENDITURES INCLUDE DISBURSEMENTS MADE TO FLORIDA STATE UNIVERSITY DEPARTMENT OF ATHLETICS, DISBURSEMENTS MADE TO FLORIDA STATE UNIVERSITY, AND TRANSFERS TO FSU FINANCIAL ASSISTANCE. THESE DISBURSEMENTS INCLUDE, ATHLETIC DEVELOPMENT FUND PAYMENTS TO SUPPLEMENT ATHLETIC DEPARTMENT SALARIES, OPERATING TRANSFERS TO HELP PAY STUDENT ATHLETE SCHOLARSHIPS, ON BEHALF OF DISBURSEMENTS TO SUPPORT VARIOUS OTHER SPORT NEEDS, UNIVERSITY PRESIDENTAL TRANSFERS TO SUPPLEMENT THE FUNDRAISING EFFORTS OF THE UNIVERSITY PRESIDENT, RESTRICTED DISBURSEMENTS MADE BY INDIVIDUAL SPORTS FROM SPECIFIC RESTRICTED ACCOUNTS TO ALLOW CONTINUED INCREASED PERFORMANCE IN EACH SPORT, AND TRANSFERS OF FUNDS COLLECTED TO PAY THE DEBT SERVICE OF FSU FINANCIAL ASSISTANCE. 2495497 OTHER EXPENDITURES INCLUDE DISBURSEMENTS MADE FOR CAPITAL PROJECTS COMPLETED FOR THE FLORIDA STATE UNIVERSITY DEPARTMENT OF ATHLETICS AS WELL AS FACILITIES MAINTENANCE EXPENSES INCURRED TO KEEP FACILITIES FUNCTIONAL DURING THE FISCAL YEAR. 46260789 OTHER PROGRAM EXPENDITURES INCLUDE DISBURSEMENTS THAT FURTHER THE MISSION OF THE SEMINOLE BOOSTERS, INCLUDING EXPENSES FOR VARIOUS BANQUETS AND EVENTS, SPRING TOUR EXPENDITURES, COSTS TO ADMINISTER THE ROYALTY PROGRAM, ADDITIONAL SCHOLARSHIP EXPENDITURES, AS WELL AS VARIOUS OTHER EXPENDITURES THAT PROMOTE THE EDUCATION, HEALTH AND PHYSICAL WELFARE OF STUDENTS AT FLORIDA STATE UNIVERSITY. 67335505 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 187 0 70 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 55 55 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X ORGANIZATION FSU 8506448803 UNIVERSITY CENTER SUITE C-5100 TALLAHASSEE FL 32306 ANDY NORMAN DIRECTOR 0.25 X 0 0 0 BARRY VAUGHN DIRECTOR 0.25 X 0 0 0 BETH LANGFORD SECRETARY 0.25 X X 0 0 0 BETSY EVANS DIRECTOR 0.25 X 0 0 0 BILL LLOYD DIRECTOR 0.25 X 0 0 0 BRAD CRENSHAW DIRECTOR 0.25 X 0 0 0 BRETT LINDQUIST DIRECTOR 0.25 X 0 0 0 CHARLES DUDLEY CHAIRMAN 0.25 X X 0 0 0 CHRIS FOREHAND DIRECTOR 0.25 X 0 0 0 CHRIS IANSITI DIRECTOR 0.25 X 0 0 0 CHRIS LIGORI DIRECTOR 0.25 X 0 0 0 CRAIG DEWHURST DIRECTOR 0.25 X 0 0 0 CRAIG RAMSEY DIRECTOR 0.25 X 0 0 0 DAZI LENOIR DIRECTOR 0.25 X 0 0 0 DOUG RUSSELL 2ND IMMEDIATE PAST CHAIR 0.25 X X 0 0 0 ELEANOR CONNAN DIRECTOR 0.25 X 0 0 0 ELIZABETH WARRING DIRECTOR 0.25 X 0 0 0 ERICKA FRANZ DIRECTOR 0.25 X 0 0 0 FLECIA BRASWELL DIRECTOR 0.25 X 0 0 0 GARRISON BURR DIRECTOR 0.25 X 0 0 0 GINA HILL DIRECTOR 0.25 X 0 0 0 JAMES GUSTAFSON DIRECTOR 0.25 X 0 0 0 JEFF STOOPS DIRECTOR 0.25 X 0 0 0 JEFF STOOPS DIRECTOR 0.25 X 0 0 0 JERI DAMASIEQICZ DIRECTOR 0.25 X 0 0 0 JERRY WILLIAMS DIRECTOR 0.25 X 0 0 0 JIMMY GRAGANELLA IMMEDIATE PAST CHAIR 0.25 X X 0 0 0 JOE KEYSER DIRECTOR 0.25 X 0 0 0 JORGE AZOR DIRECTOR 0.25 X 0 0 0 KURT SCHAFER DIRECTOR 0.25 X 0 0 0 LES PANTIN III DIRECTOR 0.25 X 0 0 0 MARILYN COX DIRECTOR 0.25 X 0 0 0 MARK HILLIS DIRECTOR 0.25 X 0 0 0 MARLA VICKERS DIRECTOR 0.25 40.00 X 0 449047 13805 MICHAEL ALFORD DIRECTOR 0.25 40.00 X 0 1037061 54382 MICHAEL RENDINA DIRECTOR 0.25 X 0 0 0 MIKE BRADY DIRECTOR 0.25 40.00 X 0 376381 49299 MIKE KOSLOSKE DIRECTOR 0.25 X 0 0 0 MOISES ISSA DIRECTOR 0.25 X 0 0 0 NADA USINA DIRECTOR 0.25 X 0 0 0 PETE LAW DIRECTOR 0.25 X 0 0 0 PETER BOULWARE DIRECTOR 0.25 X 0 0 0 PETER COLLINS DIRECTOR 0.25 X 0 0 0 PHILIP TROYER TREASURER 0.25 X X 0 0 0 RICH HEFFLEY DIRECTOR 0.25 X 0 0 0 RICHARD MCCULLOUGH DIRECTOR 0.25 40.00 X 0 1358260 269277 SCOTT DARLING DIRECTOR 0.25 X 0 0 0 SHANNON LIBBERT DIRECTOR 0.25 X 0 0 0 SHERI THOMSON DIRECTOR 0.25 X 0 0 0 SLATON MURRAY DIRECTOR 0.25 X 0 0 0 STEPHEN PONDER CEO/PRESIDENT 40.00 X X 362152 0 23919 STEVEN SMITH DIRECTOR 0.25 X 0 0 0 TERI MILLER DIRECTOR 0.25 X 0 0 0 TREY MCCARLEY DIRECTOR 0.25 X 0 0 0 WARNER PEACOCK VICE CHAIRMAN 0.25 X 0 0 0 KYLE CLARK TREASURER 1.00 40.00 X X 0 496133 53289 WILLIAM SWEENEY DIRECTOR 1.00 40.00 X 0 161695 20626 RICK OREAIR DIRECTOR 0.25 X 0 0 0 SCOTT WITT DIRECTOR 0.25 X 0 0 0 JP SINCLAIR III CHIEF FINANCIAL OFFICER 40.00 X 155362 0 14538 CHRIS WILSON SVP - DEVELOPMENT 40.00 X 250850 0 14838 COLSON HOSFORD VP-DEV & REAL ESTATE 40.00 X 311923 0 13047 DERRIL BEECH SVP - ANNUAL GIVING 40.00 X 151673 0 12838 DONALD TOMLINSON DIR OF DEVELOPMENT 40.00 X 156994 0 6055 ERIC CARR SVP - DEV & PLANNED GIVING 40.00 X 204655 0 12906 JAMES PITTS DIRECTOR OF INTERNATIONAL PROGRAM 1.00 40.00 X 0 203316 45745 MICHAEL HARTLINE DEAN, COLLEGE OF BUSINESS 1.00 40.00 X 0 433507 38473 1593609 4515400 643037 7 1 1 0 THE BATTLES' END 2625 PIEDMONT RD STE 56-438 ATLANTA GA 30319 MARKETING 8211662 MANHATTAN-CULPEPPER CONSTRUCTION 5405 CYPRESS CENTER DR STE 200 TAMPA FL 33609 CONSTRUCTION 6687712 POPULOUS 4800 MAIN ST STE 300 KANSAS CITY MO 64112 DESIGN 5859665 CHILDERS CONSTRUCTION COMPANY 3472 WEEMS RD UNIT 1 TALLAHASSEE FL 32317 CONSTRUCTION 3406508 LEGENDS HOSPITALITY LLC 403 STADIUM DR TALLAHASSEE FL 32306 FOOD SERVICES 2322437 5 182783 66225223 10841274 66408006 STADIUM CONCESSION 900099 1792674 1792674 AIRPLANE REVENUE 900099 1368750 1368750 VARSITY CLUB REVENUE 900099 425727 425727 SKYBOX REVENUE 900099 13200 13200 3600351 1295422 1295422 5657055 5657055 6138116 4161053 1977063 1977063 1557569 419494 692931 153940 37582 342494 655349 -188554 466795 466795 395127 0 395127 395127 OTHER INCOME 900099 761365 761365 761365 80561184 4361716 1557569 8233893 3337364 3337364 642906 32145 366899 243862 5147134 257357 2998292 1891485 141130 7057 42480 91593 942957 47148 735617 160192 404918 20246 235762 148910 119838 71903 47935 133757 80254 53503 591569 591569 1357392 81326 765640 510426 434081 434081 2126665 10400 1380352 735913 350349 210209 140140 637436 637436 825519 825519 42144 42144 401452 146142 255310 15241855 15241855 2414866 2414866 213462 128077 85385 OTHER PROGRAM EXPENSES 34824580 34824580 GENERAL & ADMINISTRATIV 10788114 10788114 ATHLETIC PROGRAM 5276680 5276680 BAD DEBT 3600624 2453261 1147363 1825083 1245898 351098 228087 91821875 67335505 19001576 5484794 712265 554884 32448921 20691840 78387536 79106853 1638771 4090569 31306272 30195087 241638 359382 75839658 15073239 48888967 60766419 12110899 8644047 100000 100000 2936354 2221219 22039502 23453594 230811125 230183894 5141212 14551074 24003786 24384116 33090785 32298037 7569191 6465265 69804974 77698492 X 0 0 0 0 161006151 152485402 161006151 152485402 230811125 230183894 X -11260691 2943784 -203842 X 0 1 X 1 0 X 42540766 35624666 34509475 78604109 66408006 257687022 42540766 35624666 34509475 78604109 66408006 257687022 7609716 250077306 11066584 11103502 13142078 7105413 8929540 51347117 554967 311926 1115110 1077422 1156492 4215917 313250056 24681096 0.79830 0.79680 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 286,360. 2020 AMOUNT: $ 311,926. 2021 AMOUNT: $ 1,115,110. 2022 AMOUNT: $ 1,077,422. 2023 AMOUNT: $ 1,156,492. MULTIMEDIA INCOME - 2019 AMOUNT: $ 282,828. GRILL SEAT REVENUE - 2019 AMOUNT: $ 38,924. BAD DEBT RECOVERY - 2019 AMOUNT: $ -53,145. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 78758170 706238 4055359 3122047 4822847 1258668 79789451 83499514 1080094 3553292 2450987 5473246 1450497 78758170 75087755 9549514 2130871 2656973 611653 83499514 77769585 -31823 669942 3005294 314655 75087755 79402971 2328363 1219653 2422675 2758727 77769585 0.34774 0.64652 0.00574 1 1 1 3038764 5676118 8714882 3702455 50500488 9012449 45190494 3939383 3239721 699662 8076001 1918606 6157395 906449 902463 3986 60766419 DUE FROM OTHER FUNDS 16270767 OTHER 1894520 PREPAID TUITION CONTRACTS 1556745 DEPOSITS 73125 DUE FROM RISING SPEAR 3658437 23453594 OTHER LIABILITIES 462754 DUE TO FSU FOUNDATION 3410000 LEASE LIABILITY 2592511 6465265 PART V, LINE 4 THE INTENDED USE OF THE ENDOWMENT IS TO FUND ATHLETICS, WHICH INCLUDES SCHOLARSHIPS FOR FLORIDA STATE UNIVERSITY STUDENT-ATHLETES IN EVERY NCAA SANCTIONED SPORT IN WHICH FLORIDA STATE UNIVERSITY PARTICIPATES. FOOTBALL AWAY GAME 107488 107488 SPRING TOUR EVENT - JVILLE 107183 107183 13 180456 180456 395127 395127 395127 1 FSU FINANCIAL ASSISTANCE INC PO BOX 1353 TALLAHASSEE FL 323021353 592477517 501(C)(3) 3337364 0 OVERALL FUNDING AND DEBT PAYMENTS 1 PART I, LINE 2: ORGANIZATION MONITORS EXPENSES AND DETERMINES THROUGHOUT THE YEAR THE AMOUNTS PAID TO RELATED ORGANIZATION AND RECORDS THEM AS SUCH. X X X X X 0 0 0 0 0 0 0 0 0 RICHARD MCCULLOUGH DIRECTOR 0 859580 0 337785 0 160895 0 247664 0 21613 0 1627537 0 0 MICHAEL ALFORD DIRECTOR 0 944061 0 69000 0 24000 0 32769 0 21613 0 1091443 0 0 KYLE CLARK TREASURER 0 467433 0 20000 0 8700 0 31676 0 21613 0 549422 0 0 MICHAEL HARTLINE DEAN, COLLEGE OF BUSINESS 0 408455 0 0 0 25052 0 27667 0 10806 0 471980 0 0 MARLA VICKERS DIRECTOR 0 425922 0 20000 0 3125 0 4144 0 9661 0 462852 0 0 MIKE BRADY DIRECTOR 0 361381 0 0 0 15000 0 29486 0 19813 0 425680 0 0 STEPHEN PONDER CEO/PRESIDENT 300000 0 61000 0 1152 0 16500 0 7419 0 386071 0 0 0 COLSON HOSFORD VP-DEV & REAL ESTATE 115200 0 195283 0 1440 0 6334 0 6713 0 324970 0 0 0 CHRIS WILSON SVP - DEVELOPMENT 148077 0 101693 0 1080 0 8125 0 6713 0 265688 0 0 0 JAMES PITTS DIRECTOR OF INTERNATIONAL PROGRAM 0 203316 0 0 0 0 0 25932 0 19813 0 249061 0 0 ERIC CARR SVP - DEV & PLANNED GIVING 112640 0 84723 0 7292 0 6193 0 6713 0 217561 0 0 0 WILLIAM SWEENEY DIRECTOR 0 161695 0 0 0 0 0 20626 0 0 0 182321 0 0 JP SINCLAIR III CHIEF FINANCIAL OFFICER 142462 0 7500 0 5400 0 7825 0 6713 0 169900 0 0 0 DERRIL BEECH SVP - ANNUAL GIVING 111539 0 34633 0 5501 0 6125 0 6713 0 164511 0 0 0 DONALD TOMLINSON DIR OF DEVELOPMENT 110154 0 46120 0 720 0 6055 0 0 0 163049 0 0 0 X 107 1492081 AVG OF HI/LO MKT AVG X 11 8875000 APPRAISED VALUE X GIFTS-IN-KIND 53 474193 MARKET VALUE 4 0 0 1 PART I, LINE 32B: SEMINOLE BOOSTERS, INC. HAS AN AGREEMENT WITH REAL ESTATE INSYNC TO HELP MANAGE THEIR PROPERTIES. THIS INCLUDES HELPING WITH THE DISPOSITION OF NONCASH CONTRIBUTIONS RECEIVED BY THE BOOSTERS. THE AGREEMENT INCLUDES A FEE OF $2,750 PER MONTH. ADDITIONALLY, THE SEMINOLES BOOSTERS WILL ENGAGE VARIOUS REAL ESTATE AGENTS TO HELP WITH THE SALE OF RESIDENTIAL AND COMMERCIAL PROPERTIES. THE TERMS OF THESE AGREEMENTS VARY, BUT TYPICALLY INCLUDE A FEE FOR THE AGENT FOR SELLING THE PROPERTY. FORM 990, PART VI, SECTION B, LINE 11B THE CFO REVIEWS FORM 990 WITH THE TREASURER AND RESOLVES ANY ISSUES OR QUESTIONS WITH THE INDEPENDENT ACCOUNTING FIRM THAT PREPARES THE FORMS. THE BOARD OF DIRECTORS HAS DELEGATED TO THE FINANCE AND BUDGET COMMITTEE AND AUDIT COMMITTEE THE RESPONSIBILITY FOR THE FINAL REVIEW OF THE FORM 990. THE FINANCE AND BUDGET COMMITTEE, AUDIT COMMITTEE, AND TREASURER REVIEW THE FORM 990 BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. THE IS DONE CONCURRENTLY WITH MANAGEMENT AND ANY QUESTIONS AS A RESULT OF THAT REVIEW ARE ANSWERED. NO FURTHER REVIEW BY THE BOARD IS REQUIRED BEFORE THE FORMS ARE FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE ANNUALLY TO THE CHAIRMAN ANY KNOWN OR POTENTIAL CONFLICTS OF INTEREST. THE CHAIRMAN ENSURES THAT ALL CONFLICTS ARE RESOLVED. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE ESTABLISHES COMPENSATION FOR MANAGEMENT OF SEMINOLE BOOSTERS, INC. THE COMPENSATION COMMITTEE USES THE FOLLOWING TO ESTABLISH COMPENSATION FOR MANAGEMENT OF SEMINOLE BOOSTERS: 1) WRITTEN EMPLOYMENT CONTRACT 2) INDEPENDENT COMPENSATION CONSULTANT 3) COMPENSATION SURVEY OR STUDY 4) FORM 990 OF OTHER ORGANIZATIONS 5) COMPENSATION COMMITTEE SUBMITS RECOMMENDATIONS FOR BOARD APPROVAL. THE LAST COMPENSATION STUDY WAS PERFORMED IN 2022. THE WAGES FOR THE CEO WERE REVIEWED AND APPROVED DURING THE 06/30/2022 FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS THREE MOST CURRENT YEARS OF FORM 990 AND FORM 1023 AVAILABLE UPON REQUEST. NO OTHER DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: IN-KIND REVENUE 275,241. IN-KIND EXPENSE -479,083. REGULATION SECTION 1.263(A)-1(F) - DE MINIMIS SAFE HARBOR ELECTION TAXPAYER NAME: SEMINOLE BOOSTERS, INC. TAXPAYER ADDRESS: PO BOX 1353, TALLAHASSEE, FL 3302-1353 TAXPAYER ID NUMBER: 59-1561180 YEAR-END: 06/30/2024 UNDER IRC REGULATION SECTION 1.263(A)-1(F), THE TAXPAYER HEREBY ELECTS TO APPLY THE DE MINIMIS SAFE HARBOR ELECTION. T'ALLEY PROPERTIES PO BOX 1353 TALLAHASSEE FL 32302 453781855 REAL ESTATE FL 0 0 SEMINOLE BOOSTERS INC COLLEGETOWN INVESTMENT FUND LLC PO BOX 1353 TALLAHASSEE FL 32302 453280651 REAL ESTATE FL 0 0 SEMINOLE BOOSTERS INC FSU FINANCIAL ASSISTANCE INC PO BOX 1353 TALLAHASSEE FL 32302 592477517 BOND FINANCE FL 501(C)(3) LINE 11 N/A 0 FLORIDA STATE UNIVERSITY A2201 UNIVERSITY CENTER TALLAHASSEE FL 32306 591961248 EDUCATION FL 501(C)(3) LINE 2 N/A 0 THE FLORIDA STATE UNIVERSITY FOUNDATION 325 W COLLEGE AVENUE TALLAHASSEE FL 32301 596152180 DSO FL 501(C)(3) LINE 5 FLORIDA STATE UNIVERSITY 0 THE FLORIDA STATE UNIVERSITY RESEARCH FOUNDATION 200 LEVY AVENUE SUITE 351 TALLAHASSEE FL 32310 593211153 DSO FL 501(C)(3) LINE 12A, I FLORIDA STATE UNIVERSITY 0 THE FLORIDA STATE UNIVERSITY REAL ESTATE FOUNDATION 200 W COLLEGE AVENUE TALLAHASSEE FL 32301 452337977 DSO FL 501(C)(3) LINE 12A, I FLORIDA STATE UNIVERSITY 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 1 0 FSU FINANCIAL ASSISTANCE B 3337364 ACTUAL FSU FINANCIAL ASSISTANCE D 8469328 ACTUAL FLORIDA STATE UNIVERSITY J 1850000 ACTUAL FLORIDA STATE UNIVERSITY R 23128703 ACTUAL FLORIDA STATE UNIVERSITY N 0 IN-KIND FSU FINANCIAL ASSISTANCE O 0 IN-KIND FSU FINANCIAL ASSISTANCE N 0 IN-KIND