2026-03-09T14:57:26-05:00 2025-09-30 454084437 WARREN AVERETT LLC 400 NORTH ASHLEY DRIVE SUITE 700 TAMPA FL 33602 990 2024-10-01 832026345 TAMPA BAY ECONOMIC PROSPERITY FOUNDATION INC TAMP 8135182624 101 EAST KENNEDY BLVD 2000 TAMPA FL 33602 CRAIG RICHARD PRESIDENT/CEO 8135182624 2026-03-05 1 1 LATOSHA L WILLIAMS CPA P01400636 8132292321 2026-03-05 2024 2025-03-06 01:10:19Z CRAIG RICHARD 101 EAST KENNEDY BLVD 2000 TAMPA FL 33602 233017 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. 6 6 0 6 0 0 75000 229250 0 0 0 0 0 -16305 75000 212945 0 0 0 0 0 63861 0 0 3488 172314 131153 172314 195014 -97314 17931 908235 873389 57699 4923 850536 868466 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 0 162942 0 0 THE TAMPA BAY ECONOMIC PROSPERITY FOUNDATION IS HAVING AN OUTSIZED IMPACT ON UNDERSERVED COMMUNITIES IN TAMPA. THE CERTUP CAMPAIGN WAS OUR MOST SUCCESSFUL TO DATE IN TERMS OF RETURN ON INVESTMENT. WE AUGMENTED THE NUMBER OF PROGRAMS WE PROMOTED IN ALLIED HEALTH, ADDING COURSES IN NUCLEAR MEDICINE AND MEDICAL CODING. WE CONTINUED PROMOTING THE ELECTRICAL LINE WORKER TRAINING PROGRAM IN PARTNERSHIP WITH TECO, WHICH RESULTED IN COMPLETELY SELLING OUT THE PROGRAMS OFFERED THROUGH SPRING 2026. OUR HIGHLY EFFICIENT, COST-EFFECTIVE STRATEGY THAT LEVERAGED VIDEO AND SOCIAL MEDIA TO DRIVE LEADS. THE 2025 CAMPAIGN YIELDED A 65% INCREASE IN LEADS AND A 150% JUMP IN CLICK-THROUGH RATES TO HILLSBOROUGH COLLEGE PROGRAMS, THE MOST POPULAR OF WHICH INCLUDED WELDING, ELECTRICAL LINE WORKER, AUTO COLLISION AND SONOGRAPHY. THE FOUNDATION WAS PLEASED TO CONTINUE LOANING FUNDS TO OPPORTUNITY TAMPA BAY, INC., WHICH IS IMPLEMENTING THE PLANS FOR COMMERCIAL AND RESIDENTIAL REDEVELOPMENT IDENTIFIED IN THE EAST TAMPA INDUSTRIAL DISTRICT MASTER PLAN. OTBI WILL CONTINUE PAYING BACK THE LOANS FROM THE FOUNDATION THROUGH FY2026. PLANS FOR A LIVE LEARN DEVELOPMENT THAT INCLUDE 118 UNITS OF AFFORDABLE HOUSING SITUATED NEXT TO THE EAST TAMPA INNOVATION CENTER WERE APPROVED BY THE CITY OF TAMPA THIS YEAR AND ARE EXPECTED TO BREAK GROUND NEXT YEAR. 162942 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 1 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 6 6 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 2000 TAMPA FL 33602 DR KEN ATWATER PHD CHAIR 1.00 1.00 X X 0 0 0 STEPHANIE SMITH VICE-CHAIR 1.00 0.00 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 LEILANI SCOTT DIRECTOR 1.00 0.00 X 0 0 0 CRAIG RICHARD PRESIDENT/CEO 1.00 44.00 X 0 492298 59083 0 492298 59083 0 0 1 0 0 29250 200000 229250 3767 29250 20072 -16305 -16305 212945 0 0 -16305 X 51501 46351 5150 12360 11124 1236 22694 16094 5725 875 58782 56282 2500 18460 9230 9230 PROGRAM EXPENSES 27285 23754 3531 BANK FEES 1966 1878 88 SUPPLIES 1030 1030 MISC EXPENSES 936 107 804 25 195014 162942 28584 3488 908235 652589 0 220800 908235 873389 57699 4923 57699 4923 X 336112 241028 514424 627438 850536 868466 908235 873389 17931 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 FROM OPPORTUNITY TAMPA BAY, INC. 220800 220800 DUE TO TAMPA BAY ECONOMIC DEVELOPMENT COUNCIL 4923 4923 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. CLAY SHOOT 33017 29250 3767 3758 7400 550 8364 33017 29250 3767 3758 7400 550 8364 20072 -16305 0 1 0 0 0 0 0 0 0 CRAIG RICHARD PRESIDENT/CEO 0 399423 0 85000 0 7875 0 17250 0 49100 0 558648 0 126238 PART I, LINE 3 OFFICERS OF THE FILING ORGANIZATION ARE COMPENSATED BY TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION, A RELATED ORGANIZATION. THEDC USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION OF THE CEO: ENGAGEMENT OF A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION STUDY, THE REVIEW OF FORM 990 OF OTHER ORGANIZATIONS AND FINALLY THE APPROVAL OF THE COMPENSATION COMITTEE AND BOARD OF DIRECTORS. PART I, LINE 4B DURING FY2025, CRAIG RICHARD PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. THE RELATED ORGANIZATION, TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION (EIN: 27-1010441) CONTRIBUTED $85,000 INTO THE PLAN ON MR. RICHARD'S BEHALF FOR FY25. 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 IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 16,094. MANAGEMENT AND GENERAL EXPENSES 5,725. FUNDRAISING EXPENSES 875. TOTAL EXPENSES 22,694. 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 TAMPA FL 33602 271010441 DEVELOP & SUSTAIN LOCAL ECONOMY THROUGH HIGH WAGE JOBS & CAPITAL INVESTMENT FL 501(C)(6) THEDC 0 OPPORTUNITY TAMPA BAY INC 101 EAST KENNEDY BLVD TAMPA FL 33602 923661759 SUPPORT THEDC FL 501(C)(3) LINE 12A, I THEDC 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0