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NASSAU-PARADISE ISLAND PROMOTION BOARD LTD: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
NASSAU-PARADISE ISLAND PROMOTION BOARD LTD (EIN 59-1707145)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-15
IRS object ID
202303199349328440
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-11-15T20:31:15-06:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN221478099PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COHNREZNICK LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line114 SYLVAN WAYAddressLine1Txt
CityPARSIPPANYCityNm
State AbbreviationNJStateAbbreviationCd
ZIP070543801ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN591707145EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NASSAU-PARADISE ISLAND PROMOTION BOARDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNASSBusinessNameControlTxt
Phone9548885900PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11200 SOUTH PINE ISLAND RD 700AddressLine1Txt
CityPLANTATIONCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33324ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOY JIBRILUPersonNm
Person TitleCEOPersonTitleTxt
Phone9548885900PhoneNum
Signature2023-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOYPersonFirstNm
Person LastJIBRILUPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLORI ROTHE YOKOBOSKY CPAPreparerPersonNm
PTINP01273422PTIN
Phone9732283500PhoneNum
Preparation2023-11-15PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOY JIBRILUPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11200 SOUTH PINE ISLAND RD 700AddressLine1Txt
CityPLANTATIONCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33324ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$29,301,543GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.NASSAUPARADISEISLAND.COMWebsiteAddressTxt
Type Of Organization AssocYes (X)TypeOfOrganizationAssocInd
Formation1977FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionLEVIES ARE COLLECTED BY MEMBER HOTELS AND POOLED WITH MINISTRY OF TOURISM SUBSIDIES FOR THE MARKETING AND PROMOTION OF THE INDIVIDUAL ISLANDS' MEMBER HOTELS ON NASSAU-PARADISE ISLANDS THROUGH USING THE FOLLOWING MEDIA: INTERNET, PRINT ADVERTISING, TRADE SHOWS, DIRECT MAIL, TELEVISION/RADIO, OTHER RELEVENT MEDIA AND PARTNERSHIPSActivityOrMissionDesc
Voting Members Governing Body26VotingMembersGoverningBodyCnt
Voting Members Independent25VotingMembersIndependentCnt
Total Employee8TotalEmployeeCnt
Total Volunteers25TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$14,831,769PYContributionsGrantsAmt
CY Contributions Grants$29,225,003CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$76,540CYOtherRevenueAmt
PY Total Revenue$14,831,769PYTotalRevenueAmt
CY Total Revenue$29,301,543CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,416,924PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,049,381CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$13,548,083PYOtherExpensesAmt
CY Other Expenses$22,354,681CYOtherExpensesAmt
PY Total Expenses$14,965,007PYTotalExpensesAmt
CY Total Expenses$24,404,062CYTotalExpensesAmt
PY Revenues Less Expenses-$133,238PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$4,897,481CYRevenuesLessExpensesAmt
Total Assets BOY$7,848,897TotalAssetsBOYAmt
Total Assets EOY$15,500,207TotalAssetsEOYAmt
Total Liabilities BOY$8,193,535TotalLiabilitiesBOYAmt
Total Liabilities EOY$11,039,097TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$344,638NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,461,110NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE ONGOING MARKETING AND PROMOTION OF THE DESTINATION OF NASSAU AND PARADISE ISLANDS AND THE BAHAMAS AND THE PROMOTION BOARD'S MEMBER HOTELS.LEVIES ARE COLLECTED BY MEMBER HOTELS AND POOLED WITH MINISTRY OF TOURISM SUBSIDIES FOR THE MARKETING AND PROMOTION OF THE INDIVIDUAL ISLANDS' MEMBER HOTELS ON NASSAU-PARADISE ISLANDS THROUGH USING THE FOLLOWING MEDIA: INTERNET PRINT ADVERTISING TRADE SHOWS DIRECT MAIL TELEVISION/RADIO OTHER RELEVENT MEDIA AND PARTNERSHIPSMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$23,746,317ExpenseAmt
Revenue$76,540RevenueAmt
DescTHE GOAL OF THIS ORGANIZATION IS TO INCREASE OCCUPANCY AND AVERAGE DAILY RATE OF ITS MEMBER HOTELS. DURING THIS TOUGH ECONOMIC ENVIRONMENT THE ORGANIZATION SUCCESSFULLY PROMOTED THE NASSAU AND PARADISE ISLANDS WHILE TOURISM REMAINED LARGELY FLAT IN THE CARIBBEAN.Desc
Total Program Service Expenses$23,746,317TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee8EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryBFForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members26GoverningBodyVotingMembersCnt
Independent Voting Member25IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCONNIE SUAREZPersonNm
Phone9548885919PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11200 S PINE ISLAND ROAD STE 700AddressLine1Txt
CityPLANTATIONCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33324ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
ADRIAN WHITEHEAD
DIRECTOR0.20Yes (X)$0$0$0
ANTHONY KNOWLES
DIRECTOR0.20Yes (X)$0$0$0
AUDREY OSWELL
DIRECTOR0.20Yes (X)$0$0$0
AXEL GASSER
DIRECTOR0.20Yes (X)$0$0$0
CHEVAZ CHAMBERS
DIRECTOR0.20Yes (X)$0$0$0
CRAIG MARTIN
DIRECTOR0.20Yes (X)$0$0$0
ENRICO GARZAROLI
DIRECTOR0.20Yes (X)$0$0$0
GEORGE R MYERS
CHAIRMAN EMERITUS3.00Yes (X)$0$0$0Yes (X)
GISELLE PYFROM
DIRECTOR0.20Yes (X)$0$0$0
GRAEME DAVIS
VICE CHAIRMAN1.00Yes (X)$0$0$0Yes (X)
GREGG SKOWRONSKI
DIRECTOR0.20Yes (X)$0$0$0
JAMAL GLOVER
DIRECTOR0.20Yes (X)$0$0$0
JERMAINE WRIGHT
DIRECTOR0.20Yes (X)$0$0$0
JOHN CONWAY
CHAIRMAN3.00Yes (X)$0$0$0Yes (X)
JOY JIBRILU
DIR./CEO AS OF AUG. 202245.00Yes (X)$150,000$0$3,727Yes (X)
JUDITH L THOMPSON
DIRECTOR0.20Yes (X)$0$0$0
LATIA DUNCOMBE
DIRECTOR0.20Yes (X)$0$0$0
MICHAEL C RECKLEY
SECRETARY TO THE BOARD1.00Yes (X)$0$0$0Yes (X)
MONICA ORTIZ
DIRECTOR0.20Yes (X)$0$0$0
ROBERTA GARZROLI
DIRECTOR0.20Yes (X)$0$0$0
RUSSELL MILLER
DIRECTOR0.20Yes (X)$0$0$0
STUART BOWE
DIRECTOR0.20Yes (X)$0$0$0
TAMEKA FORBES
DIRECTOR0.20Yes (X)$0$0$0
ULRICH SAMIETZ
DIRECTOR0.20Yes (X)$0$0$0
VAUGHN ROBERTS
VICE CHAIRMAN0.20Yes (X)$0$0$0Yes (X)
WILLIAM F NAUGHTON
HONORARY TREASURER1.00Yes (X)$0$0$0Yes (X)
FREDERICK LOUNSBERRY
CHIEF EXECUTIVE OFFICER OUTGOING45.00$435,033$0$24,633Yes (X)
GLENN A HADDAD
EXECUTIVE DIRECTOR OF PITD40.00$193,125$0$10,800Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$778,158TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$39,160TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$29,225,003MembershipDuesAmt
Total Contributions$29,225,003TotalContributionsAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescBAD DEBST RECOVERYDesc
Business900099BusinessCd
Total Revenue Column$76,540TotalRevenueColumnAmt
Related Or Exempt Func Income$76,540RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$76,540OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$29,301,543TotalRevenueColumnAmt
Related Or Exempt Func Income$76,540RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$613,393TotalAmt
Program Services$460,046ProgramServicesAmt
Management And General$153,347ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,033,977TotalAmt
Program Services$775,482ProgramServicesAmt
Management And General$258,495ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$85,967TotalAmt
Program Services$64,475ProgramServicesAmt
Management And General$21,492ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$268,097TotalAmt
Program Services$201,072ProgramServicesAmt
Management And General$67,025ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$47,947TotalAmt
Program Services$35,960ProgramServicesAmt
Management And General$11,987ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$7,983TotalAmt
Program Services$7,983ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$52,833TotalAmt
Program Services$52,833ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$6,325TotalAmt
Program Services$6,325ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$21,334,352TotalAmt
Program Services$21,334,352ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$131,720TotalAmt
Program Services$98,790ProgramServicesAmt
Management And General$32,930ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$334,090TotalAmt
Program Services$334,090ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$406,523TotalAmt
Program Services$304,892ProgramServicesAmt
Management And General$101,631ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$12,485TotalAmt
Program Services$9,364ProgramServicesAmt
Management And General$3,121ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$5,621TotalAmt
Program Services$4,216ProgramServicesAmt
Management And General$1,405ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$25,249TotalAmt
Program Services$18,937ProgramServicesAmt
Management And General$6,312ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescSUPPORT FUNDINGDesc
Total$37,500TotalAmt
Program Services$37,500ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$24,404,062TotalAmt
Program Services$23,746,317ProgramServicesAmt
Management And General$657,745ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,219,418BOYAmt
EOY$10,039,093EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,242,848BOYAmt
EOY$4,863,366EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$229,074BOYAmt
EOY$284,259EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$144,759BOYAmt
EOY$253,651EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$139,884LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$132,707LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$12,798BOYAmt
EOY$7,177EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$52,661EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,848,897BOYAmt
EOY$15,500,207EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$8,193,535BOYAmt
EOY$10,989,607EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$49,490EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,193,535BOYAmt
EOY$11,039,097EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY-$344,638BOYAmt
EOY$4,461,110EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$344,638BOYAmt
EOY$4,461,110EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,848,897BOYAmt
EOY$15,500,207EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$4,897,481ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$91,733PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Organization Belongs Afflt GrpYes (X)OrganizationBelongsAffltGrpInd
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$139,884OtherCostOrOtherBasisAmt
Depreciation$132,707DepreciationAmt
Book Value$7,177BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$7,177TotalBookValueLandBuildingsAmt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionBAHAMASRegionTxt
Offices1OfficesCnt
Employee3EmployeeCnt
Type Of Activities ConductedPROGRAM SERVICESTypeOfActivitiesConductedTxt
Specific Services ProvidedMARKETING AND PROMOTION OF THE BAHAMASSpecificServicesProvidedTxt
Region Total Expenditures$21,243,358RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees3SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office1TotalOfficeCnt
Total Employee3TotalEmployeeCnt
Subtotal Spent$21,243,358SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$21,243,358TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART III ACCOUNTING METHOD:FormAndLineReferenceDesc

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
FREDERICK LOUNSBERRY
CHIEF EXECUTIVE OFFICER OUTGOING$345,484$0$89,549$0$0$0$20,950$0$3,683$0$459,666$0$0$0
GLENN A HADDAD
EXECUTIVE DIRECTOR OF PITD$185,400$0$7,725$0$0$0$10,800$0$0$0$203,925$0$0$0
JOY JIBRILU
DIR./CEO AS OF AUG. 2022$150,000$0$0$0$0$0$0$0$3,727$0$153,727$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THIS ORGANIZATION IS COMPRISED OF 13 MEMBER HOTELS THAT PROVIDE HOTEL LEVIES.
FORM 990, PART VI, SECTION A, LINE 7ATHE BOARD IS COMPRISED OF MEMBERS THAT ELECT OVERSEE ALL DECISIONS AND REQUIRE A MAJORITY VOTE TO MAKE ANY AND ALL DECISIONS.
FORM 990, PART VI, SECTION A, LINE 7BTHE BOARD IS COMPRISED OF MEMBERS THAT ELECT OVERSEE ALL DECISIONS AND REQUIRE A MAJORITY VOTE TO MAKE ANY AND ALL DECISIONS.
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF THE 990 IS PROVIDED TO THE BOARD FOR REVIEW BEFORE ANY FILINGS ARE MADE.
FORM 990, PART VI, SECTION B, LINE 12CMEMBERS ARE REQUIRED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY.
FORM 990, PART VI, SECTION C, LINE 19THE DOCUMENTS ARE NOT MADE PUBLIC BUT ARE AVAILABLE UPON REQUEST.
FORM 990THE AUDITED 2022 FINANCIAL STATEMENTS HAVE YET TO BE ISSUED AS OF THE FILING OF THE 2022 FORM 990. THIS FORM 990 HAS BEEN PREPARED USING THE BEST ESTIMATES AVAILABLE AT THE TIME, AND IF THE FINAL AUDITED FINANCIAL STATEMENTS CONTAIN MATERIAL DIFFERENCES APPROPRIATE ACTION WILL BE TAKEN.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdLegal Domicile Foreign CountryLegalDomicileForeignCountryCd
NASSAU PARADISE ISLAND DESTINATION PROMOTION BOARD LLC
1200 S PINE ISLAND RD STE 700PLANTATIONFL33324463878462FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.FL$334,240NASSAU-PARADISE ISLAND PROMOTION BOARD
BAHAMAS HOTEL RESERVATION SERVICE LIMITED
FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.NASSAU-PARADISE ISLAND PROMOTION BOARDHOTELS HOUSE EAST BAY STREETNASSAUBFBF
NASSAU AND PARADISE ISLAND CHARTERS LIMITED
FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.NASSAU-PARADISE ISLAND PROMOTION BOARDHOTELS HOUSE EAST BAY STREETNASSAUBFBF
BAHAMAS ISLAND TOURS LIMITED
FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.NASSAU-PARADISE ISLAND PROMOTION BOARDHOTELS HOUSE EAST BAY STREETNASSAUBFBF

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