2024-07-15T08:06:56-05:00 2023-12-31 591954606 CAVANAUGH & CO LLP 2381 FRUITVILLE ROAD SARASOTA FL 34237 990 2023-01-01 814653473 THE BAY PARK CONSERVANCY INC BAYP 9412035316 655 N TAMIAMI TR SARASOTA FL 34236 A G LAFLEY CEO 9412035316 2024-07-11 1 A LAFLEY 999009999 0 MICHAEL R PENDER P00850742 9413662983 2024-07-10 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z X A G LAFLEY 655 N TAMIAMI TR SARASOTA FL 34236 13615624 0 X WWW.THEBAYSARASOTA.ORG X 2016 FL THE BAY PARK CONSERVANCY (BPC) WAS FORMED TO IMPLEMENT THE MASTER PLAN APPROVED BY THE SARASOTA CITY COMMISSION TO CONSERVE 53 ACRES OF PUBLIC LAND FOR A SIGNATURE PARK ALONG SARASOTA BAY. THE BPC ENTERED A LONG-TERM PARTNERSHIP WITH THE CITY TO HELP FUND, DEVELOP, OPERATE, MAINTAIN AND PROGRAM THE SIGNATURE PARK FOR THE BENEFIT OF THE COMMUNITY NOW, AND FOR GENERATIONS TO COME. 14 13 12 100 0 0 4382172 13400587 0 0 11247 170268 16555 44769 4409974 13615624 0 0 0 0 863858 1326862 0 0 185202 19318561 4048061 20182419 5374923 -15772445 8240701 5269856 8915150 5993192 1325698 -723336 7589452 X THE BAY PARK CONSERVANCY (BPC) WAS FORMED TO IMPLEMENT THE MASTER PLAN APPROVED BY THE SARASOTA CITY COMMISSION TO CONSERVE 53 ACRES OF PUBLIC LAND FOR A SIGNATURE PARK ALONG SARASOTA BAY. THE BPC ENTERED A LONG-TERM PARTNERSHIP WITH THE CITY TO HELP FUND, DEVELOP, OPERATE, MAINTAIN AND PROGRAM THE SIGNATURE PARK FOR THE BENEFIT OF THE COMMUNITY NOW, AND FOR GENERATIONS TO COME. 0 0 4718836 THE BAY PARK CONSERVANCY IS LEADING THE PLANNING, DEVELOPMENT AND MANAGEMENT OF A SIGNATURE, PUBLIC PARK ALONG SARASOTA BAY KNOWN AS "THE BAY". DESIGNED TO BE "ONE PARK FOR ALL," THE BAY IS OPEN AND ACCESSIBLE, FREE AND WELCOMING TO THE FULL AND RICH DIVERSITY OF THE COMMUNITY, NOW AND FOR GENERATIONS TO COME. THE BAY PRESERVES, RESTORES AND TRANSFORMS 53 ACRES OF PRECIOUS CITY-OWNED LAND ALONG SARASOTA BAY INTO A BLUE AND GREEN OASIS - PROVIDING A SUSTAINABLE BAYFRONT GATHERING PLACE FOR THE COMMUNITY TO EXPERIENCE AND ENJOY A WIDE RANGE OF PARK USES, FREE PROGRAMS AND EVENTS. THE FIRST 14 ACRE PHASE OF THE PARK OPENED IN OCTOBER 2022 TO MORE THAN 50,000 PEOPLE. PHASE 2, THE NEXT 14-ACRE $65 MILLION DEVELOPMENT, WILL BEGIN IN THE SUMMER OF 2024. THE COMPLETED PARK IN TOTAL WILL COST AN ESTIMATED $175-200 MILLION AND WILL TAKE APPROXIMATELY 8-10 YEARS TO COMPLETE OVER 4 OR MORE PHASES. 4718836 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 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 0 0 0 0 1 41 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X THE BAY PARK CONSERVANCY INC 9412035316 655 N TAMIAMI TR SARASOTA FL 34236 X A G LAFLEY CURRENT CEO 40.00 X 0 0 0 WILLIAM WADDILL CIO THROUGH 11/30/23 40.00 X 191676 0 40630 STEPHANIE L CROCKATT CEO THROUGH 10/31/23 40.00 X 129807 0 11210 DERICK E KITSON DIRECTOR OF OPERATIONS 40.00 X 118535 0 17561 STEVEN GERMAINE CFO 40.00 X 88848 0 33215 ANTHONY GAMELIN DIRECTOR/SEE SCHEDULE O TO CLARIFY 10.00 X 65081 0 0 JENNIFER COMPTON CHAIRPERSON 15.00 X X 0 0 0 ROBERT LANE TREASURER 2.00 X X 0 0 0 CHARLES HINES DIRECTOR 2.00 X 0 0 0 CARLOS DE QUESADA DIRECTOR 2.00 X 0 0 0 E KEITH DUBOSE DIRECTOR 2.00 X 0 0 0 MICHAEL KLAUBER DIRECTOR 2.00 X 0 0 0 LESLIE TURNER DIRECTOR 2.00 X 0 0 0 EMILY WALSH SECRETARY 2.00 X X 0 0 0 STEVE BOTELHO EX-OFFICIO 2.00 X 0 0 0 KYLE BATTIE EX-OFFICIO 2.00 X 0 0 0 MARK PRITCHETT DIRECTOR 2.00 X 0 0 0 FELICE SCHULANER DIRECTOR 2.00 X 0 0 0 JEFF JACKSON DIRECTOR 2.00 X 0 0 0 593947 0 102616 3 0 1 0 AGENCY LANDSCAPE AND PLANNING LLC 91 HARVEY STREET SUITE 2 CAMBRIDGE MA 02140 PARK DESIGN & CONSULTING 4745421 CUMMINSCEDERBERG 7550 RED ROAD SUITE 217 SOUTH MIAMI FL 33143 ENGINEERING 278955 ATLARGE INC 1421 BLVD OF THE ARTS SARASOTA FL 34236 MARKETING & COMMUNICATIONS 183312 STUTLER STRATEGIES 235 N ORANGE AVE SARASOTA FL 34236 CONSULTING 127509 MOTE MARINE LABORATORY AND AQUARIUM 1600 KEN THOMPSON PARKWAY SARASOTA FL 34236 BENTHIC SARASOTA BAYFRONT MONITORING REP 105570 5 8943988 4456599 13400587 170268 170268 44769 0 44769 44769 44769 13615624 0 0 215037 X 475412 271972 190459 12981 523362 395411 34011 93940 18464 12010 4065 2389 237792 129000 80514 28278 71832 50766 12888 8178 2369 2369 25594 25594 1610612 1585030 24783 799 29947 20760 5871 3316 12734 12734 6050 6050 40646 23940 15354 1352 CONSTRUCTION 1218896 1218896 OPERATIONS 511924 468310 41204 2410 ACTIVATION AND PROGRAMM 304669 304669 COMMUNICATIONS/OUTREACH 171230 171230 113390 60792 21039 31559 5374923 4718836 470885 185202 1711690 67930 852663 2293342 120750 76227 1405334 11229 22726 49707 6050 0 43657 2573524 5005934 5269856 8915150 3357730 1245916 29635 2635462 0 0 50147 5993192 1325698 X -3617062 4733272 2893726 2856180 -723336 7589452 5269856 8915150 8240701 72087 0 X X 0 1 X 1 0 X 8842220 6575582 18150925 4382172 13400587 51351486 8842220 6575582 18150925 4382172 13400587 51351486 51351486 46426 27902 27072 215037 316437 33191 730 33921 51701844 0.99320 0.99700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2573524 2417136 145274 130000 5005934 2586634 23600 -36710 2573524 240000 2312788 33846 2586634 240000 240000 0.48000 0.52000 0 0 49707 6050 43657 43657 ENDOWMENT 5005934 5005934 SECURITY DEPOSITS 50147 50147 X 13687711 72087 72087 13615624 0 13615624 5374923 0 5374923 0 5374923 PART V, LINE 4: THE BAY'S ENDOWMENT CURRENTLY CONSISTS OF FUNDS ESTABLISHED FOR WETLANDS, BAYOU AND MANGROVE RESTORATION, FOR PROGRAMMING, AS WELL AS UNRESTRICTED OPERATIONS. PART X, LINE 2: THE BAY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE BAY'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. FOR THE YEAR ENDED DECEMBER 31,2023 THERE WAS NO INCOME TAX EXPENSE FROM THESE ACTIVITIES. THE BAY FOLLOWS THE PROVISIONS OF ASC TOPIC 740, IMPLEMENTATION GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAX AND DISCLOSURE AMENDMENTS FOR NONPUBLIC ENTITIES (ASC TOPIC 740), IN CONJUNCTION WITH ITS ADOPTION OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAX (NOW INCLUDED IN ACCOUNTING STANDARDS CODIFICATION (ASC) SUBTOPIC 740-10, INCOME TAXES-OVERALL). THE BAY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. INCOME GENERATED FROM ACTIVITIES UNRELATED TO THE BAY'S EXEMPT PURPOSE IS SUBJECT TO TAX. X X X X 1 0 0 0 0 0 0 0 0 WILLIAM WADDILL CIO THROUGH 11/30/23 191676 0 0 0 0 0 5750 0 34880 0 232306 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 WILL BE REVIEWED AND APPROVED BY THE FINANCE COMMITTEE, THEN FORWARDED TO THE REMAINING BOARD MEMBERS FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT-OF-INTEREST POLICY IS APPROVED BY THE CITY OF SARASOTA AND IS PART OF THE PARTNERSHIP AGREEMENT BETWEEN THE CITY AND THE BAY PARK CONSERVANCY. IT IS RECONFIRMED ANNUALLY AT THE SEPTEMBER BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD, IN CONSULTATION WITH SUBJECT MATTER EXPERTS IN MASTER PLANNING, DESIGN, URBAN PLANNING, HUMAN RESOURCE MANAGEMENT AND NOT-FOR-PROFIT MANAGEMENT, PARTICIPATED IN A REVIEW OF POSITION DESCRIPTIONS AND RELATED COMPENSATION. SUBSEQUENT APPROVAL WAS RECEIVED BY THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE BAY PARK CONSERVANCY, INC OPERATES UNDER THE FLORIDA PUBLIC MEETINGS AND OPEN RECORDS LAWS. ALL BOARD MEETINGS ARE PUBLICLY NOTICED, DOCUMENTS ARE POSTED ON THE BAY PARK CONSERVANCY WEBSITE AND ALL APPLICABLE RECORDS ARE OPEN FOR PUBLIC REVIEW. FORM 990, PART VII, SECTION A, LINE 1A ANTHONY GAMELIN WAS PAID FOR CFO SERVICES PRIOR TO HIS BECOMING A DIRECTOR. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES-OTHER : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 24,783. FUNDRAISING EXPENSES 799. TOTAL EXPENSES 25,582. DESIGN AND CONSULTING : PROGRAM SERVICE EXPENSES 1,585,030. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,585,030. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990 THE FORM 990 IS BEING AMENDED DUE TO A CLERICAL ERROR ON PAGE SEVEN, PART VII.