2025-08-13T16:28:16-05:00 2024-09-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2023-10-01 592946685 ECONOMIC DEVELOPMENT COMMISSION OF FLORIDA'S SPACE COAST INC ECON 3216382000 6525 3RD STREET 304 ROCKLEDGE FL 32955 LYNDA WEATHERMAN PRESIDENT & CEO 3216382000 2025-08-13 1 1 AMY CHAPMAN P00843460 4078021200 2025-08-06 2023 2025-03-06 01:10:19Z LYNDA WEATHERMAN 6525 3RD STREET 304 ROCKLEDGE FL 32955 2757950 0 X WWW.SPACECOASTEDC.ORG X 1989 FL TO PROMOTE AND FOSTER ECONOMIC AND INDUSTRIAL DEVELOPMENT IN BREVARD COUNTY, FLORIDA. 147 147 9 162 0 0 3174753 2630089 113111 67828 36039 60033 0 0 3323903 2757950 127805 339565 0 0 1382299 1288971 0 0 0 1163928 741378 2674032 2369914 649871 388036 3777271 4098272 886359 829562 2890912 3268710 X TO PROMOTE AND FOSTER ECONOMIC AND INDUSTRIAL DEVELOPMENT IN BREVARD COUNTY, FLORIDA BY PROMOTING AND IMPLEMENTING ECONOMIC PROGRAMS DESIGNED TO BOTH STRENGTHEN AND EXPAND INCOME POTENTIAL OF ALL BUSINESSES WITHIN THE TRADE AREA. 0 0 THE ECONOMIC DEVELOPMENT COMMISSION OF FLORIDA'S SPACE COAST IS AN INNOVATIVE, COUNTYWIDE, NOT-FOR-PROFIT WORKING CLOSELY WITH THE SPACE COAST BUSINESS COMMUNITY, BUSINESS LEADERS, CHAMBERS OF COMMERCE, LOCAL AND STATE GOVERNMENT LEADERS, AND COMMUNITY ORGANIZATIONS. THE EDC IS DEDICATED TO ATTRACTING NEW BUSINESS AND INVESTMENT AND EXPANDING EXISTING INDUSTRY THROUGHOUT THE SPACE COAST, ADVOCATING FOR POSITIVE BUSINESS POLICIES, PROMOTING THE SPACE COAST TO ENCOURAGE NEW BUSINESS INVESTMENT, SUPPORTING EFFORTS OF SPACE COAST MILITARY INSTALLATIONS, AND DEVELOPING PROGRAMS TO ASSIST MANUFACTURING AND HIGH TECH COMPANIES. (CONTINUED ON SCHEDULE O)THE EDC GUIDES ITS PROGRAM OF WORK WITHIN THREE PRIMARY STRATEGIC PRIORITIES: 1. MAINTAIN A TARGETED INDUSTRY FOCUS CONCENTRATING EFFORTS ON FIVE KEY INDUSTRIES THAT SERVE AS CORE DRIVERS OF ECONOMY: AEROSPACE AND AVIATION, ADVANCED COMMUNICATIONS, ELECTRONICS, HOMELAND SECURITY AND DEFENSE, AND EMERGING TECHNOLOGIES. 2. ADVOCATE FOR A COMPETITIVE BUSINESS ENVIRONMENT.3. ENGAGE COMMUNITY LEADERS AND ELECTED OFFICIALS, ENABLING THESE LEADERS TO SERVE AS ECONOMIC DEVELOPMENT ADVOCATES THROUGHOUT THE COMMUNITY. ALONGSIDE JOB GROWTH, THE EDC CONTINUES TO FOSTER THE CONDITIONS AND COALITIONS THAT LEAD TO OPPORTUNITIES FOR BUSINESS TO EXPAND AND OBTAIN QUALIFIED WORKFORCE. THESE PROGRAMS INCLUDE:THE CERTIFIED PRODUCTION TECHNICIAN PROGRAM, MOST COMMONLY KNOWN AS THE CPT PROGRAM, CONTINUES TO GROW, AS THE EDC BUILDS THE NEXT GENERATION OF BREVARD'S MANUFACTURING WORKFORCE. THIS COURSE CONTINUES TO NOT ONLY PROVIDE TRAINING, IT ALSO PROVIDES WORKFORCE-READY SKILLS. THE PROGRAM HAS GROWN TO INCLUDE CAREER EXPOSURE TOURS, HR AND INTERVIEW SKILLS SESSIONS, AND PRIVATE JOB FAIRS.THE TOMORROW LAUNCHES HERE CAMPAIGN ATTRACTS TOP TALENT TO SUPPORT THE WORKFORCE PIPELINE NEEDS OF LOCAL INDUSTRY.THIS PAST YEAR THE EDC TEAM MANAGED 58 BUSINESS PROJECTS AND 79 CLIENT LEADS. SINCE 2010, THE EDC SECURED $1.9B IN CAPITAL INVESTMENT ANNOUNCEMENTS IMPACTING 17,117 NEW AND RETAINED JOBS FOR THE COMMUNITY. IN ADDITION $4.3M WAS SECURED IN EARNED MEDIA FOR THE COMMUNITY AND ORGANIZATIONS ECONOMIC DEVELOPMENT EFFORTS. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 11 0 1 9 1 0 0 0 0 1 1 0 0 0 X 147 147 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X TRUDY MCCARTHY 3216382000 6525 3RD STREET 304 ROCKLEDGE FL 32955 TRAVIS PROCTOR CHAIR 1.00 X X 0 0 0 LINDA STOUT CHAIR-ELECT 1.00 X X 0 0 0 KIRK HALL PAST CHAIR 1.00 X X 0 0 0 TODD POKRYWA SECRETARY/TREASURER 1.00 X X 0 0 0 TASSOS ABADIOTAKIS DIRECTOR (AS OF 2/24) 1.00 X 0 0 0 JASON ALFORD DIRECTOR 1.00 X 0 0 0 TIM ANTONITION DIRECTOR 1.00 X 0 0 0 LENNIE ARNOLD DIRECTOR (12/23-3/24) 1.00 X 0 0 0 KRISTIN BAKKE DIRECTOR 1.00 X 0 0 0 BRIAN BALUTA DIRECTOR 1.00 X 0 0 0 JIM BARFIELD DIRECTOR 1.00 X 0 0 0 COURTNEY BARKER DIRECTOR (THRU 8/24) 1.00 X 0 0 0 COURTNEY BARNARD DIRECTOR 1.00 X 0 0 0 NANCY BARTLETT DIRECTOR (THRU 12/23) 1.00 X 0 0 0 SEAN BEILMAN DIRECTOR (AS OF 8/24) 1.00 X 0 0 0 KIM BELARDINELLI DIRECTOR 1.00 X 0 0 0 PAT BENTLEY DIRECTOR (AS OF 12/23) 1.00 X 0 0 0 CHARLES R BERRY DIRECTOR 1.00 X 0 0 0 LEAH BLACKMORE DIRECTOR 1.00 X 0 0 0 JULIE BRAGA DIRECTOR 1.00 X 0 0 0 THOMAS BRANDON DIRECTOR 1.00 X 0 0 0 MATT BRANDT DIRECTOR 1.00 X 0 0 0 GRADY BRINKLEY DIRECTOR (AS OF 10/23) 1.00 X 0 0 0 COLLEEN BROWNE DIRECTOR 1.00 X 0 0 0 MARK BUONGIORNO DIRECTOR 1.00 X 0 0 0 KAT BUTLER DIRECTOR 1.00 X 0 0 0 HOLLY CARVER DIRECTOR 1.00 X 0 0 0 VIRGINIA CEARRA DIRECTOR 1.00 X 0 0 0 MICHAEL CEROW DIRECTOR 1.00 X 0 0 0 LAURA CHIESMAN DIRECTOR 1.00 X 0 0 0 WILLIAM CHIVERS DIRECTOR 1.00 X 0 0 0 DANIEL CIURO DIRECTOR (AS OF 1/24) 1.00 X 0 0 0 ROZ CLARK DIRECTOR 1.00 X 0 0 0 JAY COCHRAN DIRECTOR 1.00 X 0 0 0 CAROL CRAIG DIRECTOR 1.00 X 0 0 0 PETER CRANIS DIRECTOR 1.00 X 0 0 0 BRIAN E CURTIN DIRECTOR 1.00 X 0 0 0 HENRY CYR DIRECTOR (AS OF 8/24) 1.00 X 0 0 0 KEVIN DAUGHERTY DIRECTOR 1.00 X 0 0 0 CRAIG DAY DIRECTOR 1.00 X 0 0 0 SHAWN L DEMERS DIRECTOR (AS OF 4/24) 1.00 X 0 0 0 DOUG DOMBROSKI DIRECTOR 1.00 X 0 0 0 SCOTT ELLER DIRECTOR (AS OF 3/24) 1.00 X 0 0 0 BRETT ESROCK DIRECTOR (THRU 7/24) 1.00 X 0 0 0 DANIEL EVANS DIRECTOR 1.00 X 0 0 0 THOMAS EYE DIRECTOR (THRU 5/24) 1.00 X 0 0 0 ANDREA FARMER DIRECTOR 1.00 X 0 0 0 SEAN FARRELL DIRECTOR (THRU 4/24) 1.00 X 0 0 0 MICHAEL J FERRO DIRECTOR (AS OF 7/24) 1.00 X 0 0 0 BRENDA FETTROW DIRECTOR (AS OF 4/24) 1.00 X 0 0 0 ROBIN FISHER DIRECTOR 1.00 X 0 0 0 CHUCK FORTIER DIRECTOR 1.00 X 0 0 0 PAMELA FURR DIRECTOR (THRU 5/23) 1.00 X 0 0 0 JOSIAH GATTLE DIRECTOR (THRU 12/23) 1.00 X 0 0 0 JENNIFER GLASS DIRECTOR 1.00 X 0 0 0 MICHELE GOODWIN DIRECTOR 1.00 X 0 0 0 NICHOLAS GOW DIRECTOR (AS OF 1/24) 1.00 X 0 0 0 MATTHEW F GRAYBILL DIRECTOR (AS OF 3/24) 1.00 X 0 0 0 LLOYD GREGG DIRECTOR (THRU 3/24) 1.00 X 0 0 0 BILL GUYAN DIRECTOR 1.00 X 0 0 0 CHERYL M HARDY DIRECTOR 1.00 X 0 0 0 GAIL HART DIRECTOR 1.00 X 0 0 0 CLINTON HATCHER DIRECTOR (THRU 2/24) 1.00 X 0 0 0 BENJAMIN HAYES DIRECTOR 1.00 X 0 0 0 CHARLES M HEINEN DIRECTOR 1.00 X 0 0 0 TOM C HERMANSEN DIRECTOR 1.00 X 0 0 0 DANIEL J HICKEY DIRECTOR 1.00 X 0 0 0 GORDY HOUSER DIRECTOR 1.00 X 0 0 0 ELIZABETH HUY DIRECTOR 1.00 X 0 0 0 ERIC JIMENEZ DIRECTOR 1.00 X 0 0 0 WILLIAM JOHNSON DIRECTOR 1.00 X 0 0 0 NEAL E JOHNSON DIRECTOR 1.00 X 0 0 0 COOPER JONES DIRECTOR 1.00 X 0 0 0 DAVID JONES DIRECTOR (THRU 9/24) 1.00 X 0 0 0 VICTORIA JONES DIRECTOR (THRU 2/24) 1.00 X 0 0 0 TERI JONES DIRECTOR (THRU 12/23) 1.00 X 0 0 0 CLAUDIA H JONES DIRECTOR (THRU 2/24) 1.00 X 0 0 0 ERIK JULIANO DIRECTOR (AS OF 1/24) 1.00 X 0 0 0 JEFF JUSTEN DIRECTOR (AS OF 10/23) 1.00 X 0 0 0 DAN KELLEY DIRECTOR 1.00 X 0 0 0 LORNA KENNA DIRECTOR 1.00 X 0 0 0 DANA KILBORNE DIRECTOR 1.00 X 0 0 0 ROBERT D KODSI DIRECTOR 1.00 X 0 0 0 RICHARD KOLLEDA DIRECTOR 1.00 X 0 0 0 DAVID KORNICK DIRECTOR 1.00 X 0 0 0 LORRAINE KOSS DIRECTOR 1.00 X 0 0 0 MICA LAYNE DIRECTOR 1.00 X 0 0 0 CHRISTIE LEE DIRECTOR 1.00 X 0 0 0 BRIAN LESLIE DIRECTOR (AS OF 8/24) 1.00 X 0 0 0 STEVE LLOYD DIRECTOR (AS OF 12/23) 1.00 X 0 0 0 ANNA H LONG DIRECTOR (AS OF 12/23) 1.00 X 0 0 0 ANGELINA LORENZINI DIRECTOR (THRU 5/24) 1.00 X 0 0 0 MICAH LOYD DIRECTOR 1.00 X 0 0 0 JORDAN LUHN DIRECTOR 1.00 X 0 0 0 DAVID MALONEY DIRECTOR (AS OF 2/24) 1.00 X 0 0 0 FRANK MARGIOTTA DIRECTOR (AS OF 3/24) 1.00 X 0 0 0 MISTY MAROT DIRECTOR 1.00 X 0 0 0 LAURA MAXWELL DIRECTOR 1.00 X 0 0 0 DAWN MAYS DIRECTOR 1.00 X 0 0 0 SHAWN MCINTYRE DIRECTOR 1.00 X 0 0 0 CARLA M MCRAE DIRECTOR 1.00 X 0 0 0 ROB MEDINA DIRECTOR 1.00 X 0 0 0 ELIZABETH MILLER DIRECTOR 1.00 X 0 0 0 BRIAN A MILLS DIRECTOR 1.00 X 0 0 0 LORY MILTON DIRECTOR 1.00 X 0 0 0 STEVE MOGA DIRECTOR 1.00 X 0 0 0 INGRID MORALES DIRECTOR (THRU 4/24) 1.00 X 0 0 0 TODD MORLEY DIRECTOR (THRU 9/24) 1.00 X 0 0 0 MARCI MURPHY DIRECTOR 1.00 X 0 0 0 MICHELE MURRELL DIRECTOR 1.00 X 0 0 0 JO LYNN NELSON DIRECTOR 1.00 X 0 0 0 DEAN M ONEILL DIRECTOR (THRU 5/24) 1.00 X 0 0 0 CARON PARTRIDGE DIRECTOR 1.00 X 0 0 0 MATT PASSARELLA DIRECTOR 1.00 X 0 0 0 JANET PETRO DIRECTOR 1.00 X 0 0 0 DANIEL PIERRON DIRECTOR 1.00 X 0 0 0 DAN POLLOCK DIRECTOR 1.00 X 0 0 0 RICHARD P PRUSS DIRECTOR 1.00 X 0 0 0 HELMUT PRZYCHODNY DIRECTOR (AS OF 12/23) 1.00 X 0 0 0 KERRY RAMAGE DIRECTOR (AS OF 1/24) 1.00 X 0 0 0 DINA REIDER-HICKS DIRECTOR 1.00 X 0 0 0 BRITTANY RETHERFORD DIRECTOR (AS OF 9/24) 1.00 X 0 0 0 KIMBERLY B REZANKA DIRECTOR 1.00 X 0 0 0 JIM RHINEHART DIRECTOR (THRU 6/24) 1.00 X 0 0 0 VALIA RICH DIRECTOR 1.00 X 0 0 0 MICHELLE RIEGNER DIRECTOR 1.00 X 0 0 0 CHARI RIGBY DIRECTOR (AS OF 9/24) 1.00 X 0 0 0 HECTOR RIVERA DIRECTOR 1.00 X 0 0 0 JEFFERY T ROBISON DIRECTOR 1.00 X 0 0 0 ANTHONY M ROMERO DIRECTOR 1.00 X 0 0 0 JOE ROWLETTE DIRECTOR 1.00 X 0 0 0 COREY RUNTE DIRECTOR 1.00 X 0 0 0 LINDSEY RUSCHAK DIRECTOR 1.00 X 0 0 0 GILBERT RUSSELL DIRECTOR 1.00 X 0 0 0 JACK RYALS DIRECTOR 1.00 X 0 0 0 ROBERT SALONEN DIRECTOR 1.00 X 0 0 0 SUE SCHMITT DIRECTOR 1.00 X 0 0 0 NATALIE SELLERS DIRECTOR (THRU 3/24) 1.00 X 0 0 0 SUMMIT SHAH DIRECTOR 1.00 X 0 0 0 SARA SHELL DIRECTOR 1.00 X 0 0 0 TUBBY SHWEDO DIRECTOR (AS OF 12/23) 1.00 X 0 0 0 TYLER SIROIS DIRECTOR (AS OF 7/24) 1.00 X 0 0 0 FORREST SMALLEY DIRECTOR 1.00 X 0 0 0 BRIANNA SOAT DIRECTOR (AS OF 9/24) 1.00 X 0 0 0 PAUL SOHL DIRECTOR 1.00 X 0 0 0 CHRIS SORENSEN DIRECTOR 1.00 X 0 0 0 MICHAEL SPENCER DIRECTOR (AS OF 6/24) 1.00 X 0 0 0 NATASHA CARTAGENA SPENCER DIRECTOR 1.00 X 0 0 0 KELLI STARGEL DIRECTOR 1.00 X 0 0 0 SARAH STOECKEL DIRECTOR 1.00 X 0 0 0 TRACY K STRODERD DIRECTOR 1.00 X 0 0 0 JENNIFER SUGARMAN DIRECTOR (THRU 7/24) 1.00 X 0 0 0 BOBBI SULLIVAN DIRECTOR (AS OF 5/24) 1.00 X 0 0 0 RICHARD D SUTTER DIRECTOR (THRU 12/23) 1.00 X 0 0 0 LINDSEY SWINDLE DIRECTOR 1.00 X 0 0 0 DAVID TAYLOR DIRECTOR (AS OF 3/24) 1.00 X 0 0 0 MEL THOMAS DIRECTOR (AS OF 2/24) 1.00 X 0 0 0 DEBBIE THOMAS DIRECTOR 1.00 X 0 0 0 STEPHEN C THOMAS DIRECTOR 1.00 X 0 0 0 JOHN TIMMERMANN DIRECTOR 1.00 X 0 0 0 JACQUELINE RODRIGUEZ VALDES MSN ARN DIRECTOR 1.00 X 0 0 0 ZORAIDA VELASCO DIRECTOR (AS OF 5/24) 1.00 X 0 0 0 DAVID J VOLK DIRECTOR 1.00 X 0 0 0 DAVID WALLACE DIRECTOR (THRU 8/24) 1.00 X 0 0 0 KATE WALLACE DIRECTOR 1.00 X 0 0 0 ABRAM WALTON DIRECTOR 1.00 X 0 0 0 BRADLEY WHITE DIRECTOR 1.00 X 0 0 0 MICHAEL JR WILLIAMS DIRECTOR 1.00 X 0 0 0 ELLEN WINTER DIRECTOR (THRU 9/24) 1.00 X 0 0 0 PETER D WOODS DIRECTOR 1.00 X 0 0 0 LAURA YOUNG DIRECTOR (AS OF 2/24) 1.00 X 0 0 0 LYNDA WEATERHMAN PRESIDENT 45.00 X 386950 0 62267 TRUDY MCCARTHY EXECUTIVE VICE PRESIDENT 45.00 X 145645 0 43590 EDGAR CAMPA-PALAFOX VICE PRESIDENT, BUSINESS DEV 45.00 X 119792 0 27747 652387 0 133604 3 0 1 0 72 MILE MARKETING LLC 2891 BOBBY JONES ST MELBOURNE FL 32904 MARKETING AND ADVERTISING SERVICES 100663 1 959938 1670151 2630089 MEETINGS AND FUNCTIONS 900099 65578 65578 PROGRAM SPONSORSHIPS 900099 2250 2250 67828 60033 60033 2757950 67828 0 60033 294765 44800 433532 626710 78800 86710 63219 166 82299 86991 29282 39641 62090 141184 30644 218575 454 8427 EDUCATION & TRAINING 41441 LICENSE AND FEES 184 2369914 2479186 2863414 662789 669691 137638 113339 149638 192463 35177 38390 104939 78829 34537 26110 0 278306 194865 3777271 4098272 154928 169824 458425 468425 273006 191313 886359 829562 X 2890912 3268710 2890912 3268710 3777271 4098272 X 388036 -10238 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 34987 18660 16327 53027 43244 9783 16925 16925 0 26110 LEASE LIABILITIES 191313 191313 X 2762840 4890 4890 2757950 0 2757950 2385042 4890 10238 15128 2369914 0 2369914 PART X, LINE 2: THE COMMISSION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC). THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE COMMISSION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE COMMISSION'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES AND MAY CHANGE UPON EXAMINATION. THE COMMISSION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 10,238. 1 EASTERN FLORIDA STATE COLLEGE 1519 CLEARLAKE RD COCOA FL 32922 590920875 0 54560 GENERAL SUPPORT 0 1 GENERAL ASSISTANCE 1 44800 X X X X 0 0 0 LYNDA WEATERHMAN PRESIDENT 356710 0 15000 0 15240 0 50372 0 11895 0 449217 0 0 0 TRUDY MCCARTHY EXECUTIVE VICE PRESIDENT 140645 0 5000 0 0 0 22855 0 20735 0 189235 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A AN EXECUTIVE COMMITTEE, A SUBSET OF THE BOARD OF DIRECTORS HAS CHARGE OF THE ROUTINE BUSINESS AFFAIRS OF THE EDC DURING THE INTERIM BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL DELIBERATE UPON AND MAKE RECOMMENDATIONS TO THE BOARD OF DIRECTORS ON ALL MAJOR MATTERS CONCERNING THE EDC'S BUSINESS AND OPERATION. ACTIVITIES OF THE EXECUTIVE COMMITTEE SHALL BE REPORTED TO AND RATIFIED BY THE BOARD OF DIRECTORS AT THEIR NEXT REGULARLY SCHEDULED MEETING. THE EXECUTIVE COMMITTEE MEMBERSHIP AND APPOINTMENTS ARE GUIDED BY THE CORPORATE BY-LAWS. A BI-ANNUAL ELECTION PROCESS ENABLES REPRESENTATIVES FROM THE INVESTOR BASE TO BE APPOINTED TO THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 6 THE EDC SHALL HAVE SEVEN (7) CLASSES OF MEMBERSHIP AS FOLLOWS: GOVERNOR'S LEVEL; LEADERSHIP LEVEL; BOARD OF ADVISOR LEVEL; CORPORATE LEVEL; CHAIRMAN LEVEL; AMBASSADOR LEVEL; PATRON LEVEL. ANY INDIVIDUAL OR ORGANIZATION THAT PAYS DUES AND AGREES TO BE BOUND BY THE ARTICLES OF INCORPORATION, THE BYLAWS, AND SUCH RULES AND REGULATIONS AS THE BOARD OF DIRECTORS MAY FROM TIME TO TIME ADOPT IS ELIGIBLE FOR MEMBERSHIP IN THE EDC. ONLY INDIVIDUALS, SOLE PROPRIETORS, LOCAL CHAMBERS OF COMMERCE AND NOT-FOR-PROFIT ORGANIZATIONS MAY BE PATRON LEVEL MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS MEMBERSHIP AND APPOINTMENTS ARE GUIDED BY THE CORPORATE BY-LAWS. A BI-ANNUAL ELECTION PROCESS ENABLES REPRESENTATIVES FROM THE INVESTOR BASE TO BE APPOINTED TO THE BORAD OF DIRECTORS. GOVERNING DOCUMENTS, CORPORATE POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE EDC'S OFFICE. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 AND REQUIRED ATTACHMENTS IS PRESENTED TO THE FINANCE COUNCIL AND SENIOR EDC STAFF BY THE CPA PREPARING THE RETURN, PRIOR TO FILING. THE FINANCE COUNCIL APPROVES THE RETURN FOR THE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR VOTING UPON A MEASURE BEFORE THE BOARD OF DIRECTORS IN WHICH HE OR SHE HAS A PERSONAL, PRIVATE OR PROFESSIONAL INTEREST AND WHICH INURES TO HIS OR HER SPECIAL PRIVATE GAIN, OR THE SPECIAL GAIN OF ANY PRINCIPAL BY WHOM HE OR SHE IS RETANED, SHALL PRIOR TO SUCH VOTE DISCLOSE THE NATURE OF HIS INTEREST TO THE BOARD OF DIRECTORS AND WITH THE PERSON RESPONSIBLE FOR RECORDING THE MINUTES, WHO SHALL INCORPORATE THE DISCLOSURE IN THE MINUTES. AN INTERESTED DIRECTOR MAY BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM AT A MEETING OF THE BOARD OF DIRECTORS. IN THE EVENT A BOARD MEMBER BECOMES AWARE OF AN UNDECLARED CONFLICT OF INTEREST UPON A MATTER PREVIOUSLY VOTED UPON BY THE BOARD MEMBER, THEY SHOULD IMMEDIATELY FILE WITH THE SECRETARY OF THE EDC A WRITTEN STATEMENT REGARDING THE NATURE OF THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A EACH YEAR, THE OFFICERS REVIEW THE PRESIDENTS PERFORMANCE AND RECOMMEND ADJUSTMENTS TO THE PRESIDENTS COMPENSATION PACKAGE. A SALARY COMPARISON/BENCHMARK WILL BE CONDUCTED AT MINIMUM, EVERY THREE YEARS (LAST COMPLETED IN SEPTEMBER 2022). A PERFORMANCE QUESTIONNAIRE SHALL BE DISTRIBUTED TO THE EXECUTIVE COMMITTEE MEMBERS REQUESTING FEEDBACK REGARDING THE PRESIDENTS PERFORMANCE FOR THE YEAR. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CORPORATE POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE EDC'S OFFICE. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -10,238. ECONOMIC DEVELOPMENT FOUNDATION OF FLORIDA'S SPACE COAST 6525 3RD STREET SUITE 304 ROCKLEDGE FL 32955 861876312 TRAINING TUITION ASSISTANCE PROGRAM FL 501(C)(3) EDC OF FL SC INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0