2025-03-08T11:07:22-06:00 2024-09-30 454084437 WARREN AVERETT LLC 400 NORTH ASHLEY DRIVE SUITE 700 TAMPA FL 33602 990 2023-10-01 832026345 TAMPA BAY ECONOMIC PROSPERITY FOUNDATION INC TAMP 8135182624 101 EAST KENNEDY BLVD 2000 TAMPA FL 33602 CRAIG RICHARD PRESIDENT/CEO 8135182624 2025-02-24 1 1 LATOSHA L WILLIAMS CPA P00989558 8132292321 2025-02-24 2023 2025-03-06 01:10:19Z X CRAIG RICHARD 101 EAST KENNEDY BLVD 2000 TAMPA FL 33602 75000 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 5 0 0 350880 75000 0 0 0 0 0 0 350880 75000 0 0 0 0 0 0 0 0 0 397119 172314 397119 172314 -46239 -97314 972532 908235 24682 57699 947850 850536 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 164969 0 0 THE TAMPA BAY ECONOMIC PROSPERITY FOUNDATION, WHILE STILL YOUNG, IS HAVING AN OUTSIZED IMPACT ON UNDERSERVED COMMUNITIES IN TAMPA.OUR CERTUP CAMPAIGN EVOLVED IN SEVERAL MEANINGFUL WAYS. FIRST, WE AUGMENTED THE NUMBER OF PROGRAMS WE PROMOTED WITH SEVERAL NEW ALLIED HEALTH PROGRAMS, INCLUDING RESPIRATORY CARE, SONOGRAPHY, DENTAL HYGIENE AND NUCLEAR MEDICINE. WE ALSO ADDED AN ELECTRICAL LINE WORKER TRAINING PROGRAM IN PARTNERSHIP WITH TECO AND PROMOTED OUR BUILDING AND CONSTRUCTION CERTIFICATE AND DEGREE PROGRAMS TO HELP MORE LOCAL RESIDENTS GAIN ACCESS TO THIS BOOMING INDUSTRY. SECOND, WE CREATED A HIGHLY EFFICIENT, COST-EFFECTIVE STRATEGY THAT LEVERAGED SOCIAL MEDIA TO DRIVE LEADS. THE RESULTS WERE TRULY IMPRESSIVE, WITH THIS CAMPAIGN GENERATING THIRTY-THREE PERCENT MORE LEADS USING TWENTY PERCENT LESS BUDGET THAN THE PREVIOUS ONE. WE'VE SEEN NOTABLE INCREASES IN PROGRAM ENROLLMENTS COMING FROM CERTUP'S TARGETED ZIP CODES, SO WE KNOW THIS CAMPAIGN IS WORKING. WE'RE EAGER TO BUILD UPON ITS SUCCESS AND INTRODUCE PROSPECTIVE STUDENTS TO NEW PROGRAMS LIKE FINTECH IN THE NEXT ONE.THE FOUNDATION WAS PLEASED TO SUPPORT THE STARTUP COSTS FOR OPPORTUNITY TAMPA BAY, INC., WHICH IS IMPLEMENTING THE PLANS FOR COMMERCIAL AND RESIDENTIAL REDEVELOPMENT IDENTIFIED IN THE EAST TAMPA INDUSTRIAL DISTRICT MASTER PLAN THAT WE SUPPORTED LAST YEAR. PLANS FOR A LIVE LEARN DEVELOPMENT THAT INCLUDE MORE THAN ONE HUNDRED UNITS OF AFFORDABLE HOUSING SITUATED NEXT TO THE EAST TAMPA INNOVATION CENTER WILL TRANSFORM THIS NEIGHBORHOOD IN MYRIAD WAYS. 164969 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 2000 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 492298 59083 0 492298 59083 0 0 1 0 0 75000 75000 75000 0 0 0 5122 5122 PROGRAM EXPENSES 164969 164969 BANK FEES 1820 1820 SUPPLIES 202 202 MISC EXPENSES 201 201 172314 164969 7345 0 972532 908235 972532 908235 24682 57699 24682 57699 X 458077 336112 489773 514424 947850 850536 972532 908235 -97314 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 57699 57699 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 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 FY2024, CRAIG RICHARD PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. THE RELATED ORGANIZATION, TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION (EIN: 27-1010441) CONTRIBUTED $126,238 INTO THE PLAN ON MR. RICHARD'S BEHALF FOR FY24. 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 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 OF RELATED ORGANIZATIONS FL 501(C)(6) THEDC 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0