2019-02-08T12:16:47-06:00 2017-12-31 454084437 WARREN AVERETT LLC 316 SOUTH BAYLEN ST SUITE 300 PENSACOLA FL 32502 990 2017-06-05 821840264 TRIUMPH GULF COAST INC TRIU 8503879405 PO BOX 12007 TALLAHASSEE FL 32317 STEPHEN C RIGGS IV TREASURER 8503879405 2019-02-07 1 JENNIFER C KING CPA P01052625 8504357400 2019-02-07 209.136.244.2 2019-02-07 16:30:23 CS P 13CF7AC43472E62F997891E46C489D58511135B8 024EF3AB430A43B3C5FF45BED95884387026A8C9 2017 2019-02-21 02:37:17Z X ALLAN BENSE PO BOX 12007 TALLAHASSEE FL 32317 300000000 0 X WWW.MYFLORIDATRIUMPH.COM X 2017 FL TRIUMPH GULF COAST, INC. IS A NONPROFIT CORPORATION ORGANIZED TO OVERSEE THE EXPENDITURE OF 75 PERCENT OF ALL FUNDS RECOVERED BY THE FLORIDA ATTORNEY GENERAL FOR ECONOMIC DAMAGES TO THE STATE THAT RESULTED FROM THE 2010 DEEPWATER HORIZON OIL SPILL. TRIUMPH GULF COAST, INC., IS REQUIRED TO ADMINISTER THE DISTRIBUTION OF THE FUNDS TO BE USED FOR THE RECOVERY, DIVERSIFICATION, AND ENHANCEMENT OF THE EIGHT NORTHWEST FLORIDA COUNTIES DISPROPORTIONATELY AFFECTED BY THE OIL SPILL. THOSE COUNTIES INCLUDE ESCAMBIA, SANTA ROSA, OKALOOSA, WALTON, BAY, GULF, FRANKLIN AND WAKULLA. 7 7 1 7 0 0 300000000 0 0 0 300000000 0 0 156242 0 0 173998 330240 299669760 300240625 570865 299669760 X TRIUMPH GULF COAST, INC. IS A NONPROFIT CORPORATION ORGANIZED TO OVERSEE THE EXPENDITURE OF 75 PERCENT OF ALL FUNDS RECOVERED BY THE FLORIDA ATTORNEY GENERAL FOR ECONOMIC DAMAGES TO THE STATE THAT RESULTED FROM THE 2010 DEEPWATER HORIZON OIL SPILL. TRIUMPH GULF COAST, INC., IS REQUIRED TO ADMINISTER THE DISTRIBUTION OF THE FUNDS TO BE USED FOR THE RECOVERY, DIVERSIFICATION, AND ENHANCEMENT OF THE EIGHT NORTHWEST FLORIDA COUNTIES DISPROPORTIONATELY AFFECTED BY THE OIL SPILL. THOSE COUNTIES INCLUDE ESCAMBIA, SANTA ROSA, OKALOOSA, WALTON, BAY, GULF, FRANKLIN AND WAKULLA. 0 0 TRIUMPH GULF COAST, INC., SHALL MAKE AWARDS FROM AVAILABLE FUNDS TO PROJECTS OR PROGRAMS THAT MEET THE PRIORITIES FOR ECONOMIC RECOVERY, DIVERSIFICATION, AND ENHANCEMENT OF THE DISPROPORTIONATELY AFFECTED COUNTIES. TRIUMPH OPENED THE APPLICATION PROCESS FOR THESE FUNDS IN NOVEMBER 2017. THE FIRST GRANTS WERE AWARDED IN 2018. AWARDS MAY BE PROVIDED FOR: (1) AD VALOREM TAX RATE REDUCTION WITHIN DISPROPORTIONATELY AFFECTED COUNTIES; (2) LOCAL MATCH REQUIREMENTS OF FLORIDA S. 288.0655 FOR PROJECTS IN THE DISPROPORTIONATELY AFFECTED COUNTIES; (3) PUBLIC INFRASTRUCTURE PROJECTS FOR CONSTRUCTION, EXPANSION, OR MAINTENANCE WHICH ARE SHOWN TO ENHANCE ECONOMIC RECOVERY, DIVERSIFICATION, AND ENHANCEMENT OF THE DISPROPORTIONATELY AFFECTED COUNTIES; (4) GRANTS TO LOCAL GOVERNMENTS IN THE DISPROPORTIONATELY AFFECTED COUNTIES TO ESTABLISH AND MAINTAIN EQUIPMENT AND TRAINED PERSONNEL FOR LOCAL ACTION PLANS OF RESPONSE TO RESPOND TO DISASTERS; (5) GRANTS TO SUPPORT PROGRAMS THAT PREPARE STUDENTS FOR FUTURE OCCUPATIONS AND CAREERS AT K-20 INSTITUTIONS THAT HAVE CAMPUSES IN DISPROPORTIONATELY AFFECTED COUNTIES. ELIGIBLE PROGRAMS INCLUDE THOSE THAT INCREASE STUDENTS' TECHNOLOGY SKILLS AND KNOWLEDGE; ENCOURAGE INDUSTRY CERTIFICATIONS; PROVIDE RIGOROUS, ALTERNATIVE PATHWAYS FOR STUDENTS TO MEET HIGH SCHOOL GRADUATION REQUIREMENTS; STRENGTHEN CAREER READINESS INITIATIVES; FUND HIGH-DEMAND PROGRAMS OF EMPHASIS AT THE BACHELOR'S AND MASTER'S LEVEL DESIGNATED BY THE BOARD OF GOVERNORS; AND, SIMILAR TO OR THE SAME AS TALENT RETENTION PROGRAMS CREATED BY THE CHANCELLOR OF THE STATE UNIVERSITY SYSTEM AND THE COMMISSION OF EDUCATION, ENCOURAGE STUDENTS WITH INTEREST OR APTITUDE FOR SCIENCE, TECHNOLOGY, ENGINEERING,MATHEMATICS, AND MEDICAL DISCIPLINES TO PURSUE POSTSECONDARY EDUCATION AT A STATE UNIVERSITY OF A FLORIDA COLLEGE SYSTEM INSTITUTION WITHIN THE DISPROPORTIONATELY AFFECTED COUNTIES; (6) GRANTS TO SUPPORT PROGRAMS THAT PROVIDE PARTICIPANTS IN THE DISPROPORTIONATELY AFFECTED COUNTIES WITH TRANSFERABLE, SUSTAINABLE WORKFORCE SKILLS THAT ARE NOT CONFINED TO A SINGLE EMPLOYER; AND (7) GRANTS TO THE TOURISM ENTITY CREATED UNDER FLORIDA S. 288.1226 FOR THE PURPOSE OF ADVERTISING AND PROMOTING TOURISM AND FRESH FROM FLORIDA, AND GRANTS TO PROMOTE WORKFORCE AND INFRASTRUCTURE, ON BEHALF OF ALL OF THE DISPROPORTIONATELY AFFECTED COUNTIES. 1 1 0 0 0 0 0 0 0 0 0 0 0 0 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 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X THE ORGANIZATION 8503879405 PO BOX 12007 TALLAHASSEE FL 32317 ALLAN BENSE CHAIR 5.00 X X 0 0 0 BENJAMIN LEE BOARD MEMBER 5.00 X 0 0 0 STAN W CONNALLY JR BOARD MEMBER 5.00 X 0 0 0 PAM DANA PHD BOARD MEMBER 5.00 X 0 0 0 DON GAETZ VICE CHAIR 10.00 X X 0 0 0 STEPHEN RIGGS IV TREASURER 5.00 X X 0 0 0 JASON SHOAF BOARD MEMBER 5.00 X 0 0 0 SUSAN SKELTON EXECUTIVE DIRECTOR 40.00 X 51520 0 100781 51520 0 100781 0 0 1 0 0 300000000 300000000 300000000 0 0 0 152301 152301 3941 3941 123668 123668 21583 21583 3299 3299 4640 4640 1492 1492 8724 8724 7101 7101 2616 2616 TAXES & LICENSES 850 850 BANK FEES 25 25 330240 0 330240 0 25838 300192281 22506 0 300240625 204128 0 366737 0 570865 X 179669760 120000000 0 299669760 0 300240625 299669760 0 X X 0 1 X 1 0 X 300000000 300000000 300000000 300000000 300000000 300000000 X PART II, SECTION A THE ORGANIZATION WAS FORMED ON JUNE 5, 2017. ACCORDINGLY, THE FIRST TAX YEAR OF THE PUBLIC SUPPORT 5-YEAR COMPUTATION PERIOD IS A SHORT TAX YEAR. 0 DUE TO FLORIDA DEPARTMENT OF ECONOMIC OPPORTUNITY 366737 366737 X 300000000 0 300000000 0 300000000 330240 0 330240 0 330240 PART X, LINE 2: THE ORGANIZATION WAS FORMED WITH THE INTENT TO BE A NOT-FOR-PROFIT CORPORATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE ORGANIZATION SUBMITTED AN APPLICATION TO THE INTERNAL REVENUE SERVICE BUT HAS YET TO RECEIVE AN APPROVAL FOR TAX EXEMPT STATUS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. X X X 0 0 0 0 0 0 0 0 0 SUSAN SKELTON EXECUTIVE DIRECTOR 51520 0 0 0 0 0 100781 0 0 0 152301 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A TRIUMPH GULF COAST, INC. IS GOVERNED BY A SEVEN MEMBER BOARD OF DIRECTORS CONSISTING OF ONE MEMBER APPOINTED BY EACH OF THE TRUSTEES OF THE FLORIDA STATE BOARD OF ADMINISTRATION, THE PRESIDENT OF THE FLORIDA SENATE, AND THE SPEAKER OF THE FLORIDA HOUSE OF REPRESENTATIVES. THE PRESIDENT OF THE SENATE AND THE SPEAKER OF THE HOUSE OF REPRESENTATIVES SHALL ALSO APPOINT ONE MEMBER EACH FROM RESIDENTS OF ONE OF THE FOUR LEAST POPULOUS DISPROPORTIONATELY AFFECTED COUNTIES, BUT NOT THE SAME COUNTY. EACH OF THE SEVEN APPOINTEES SHALL BE FROM THE PRIVATE SECTOR. VACANCIES ON THE BOARD SHALL BE FILLED BY THE OFFICER WHO ORIGINALLY APPOINTED THE MEMBER. FORM 990, PART VI, SECTION A, LINE 7B THE GOVERNANCE DECISION TO REMOVE A MEMBER OF THE BOARD OF DIRECTORS SHALL BE MADE BY THE OFFICER OF THE STATE OF FLORIDA THAT APPOINTED THE MEMBER TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE PROHIBITED FROM PARTICIPATING IN ANY MATTER WHICH WOULD INURE TO THE BOARD MEMBER'S SPECIAL PRIVATE GAIN OR LOSS OR THE SPECIAL PRIVATE GAIN OR LOSS OF HIS OR HER RELATIVE, BUSINESS ASSOCIATE, OR PRINCIPAL. IF THE BOARD MEMBER'S PARTICIPATION IN ANY MATTER WOULD GIVE RISE TO A CONFLICT OF INTEREST, THE MEMBER MUST DISCLOSE TO THE BOARD IN WRITING THE NATURE OF THE CONFLICT OF INTEREST. BOARD MEMBERS MUST ALSO FILE ALL MANDATORY FINANCIAL DISCLOSURES IN COMPLIANCE WITH SECTION 112.3145, FLORIDA STATUTES. EACH DIRECTOR, OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THE PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. PERIODIC REVIEWS WILL ALSO BE CONDUCTED TO ENSURE TRIUMPH OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS AND RESULT IN PRIVATE INUREMENT TO ANY BOARD MEMBER OR EMPLOYEE. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS APPROVED BY THE BOARD. THE BOARD OF DIRECTORS WILL APPOINT AN EVALUATION COMMITTEE CONSISTING OF THREE PERSONS, AT LEAST TWO OF WHOM WILL BE DIRECTORS WHICH HAVE SERVED AT LEAST ONE YEAR WITH THE EXECUTIVE DIRECTOR, TO EVALUATE THE EXECUTIVE DIRECTOR'S PERFORMANCE AND MAKE RECOMMENDATIONS FOR SALARY INCREASES TO THE BOARD. THERE WERE NO OTHER EMPLOYEES OF THE ORGANIZATION IN 2017. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2C THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. STATE OF FLORIDA 400 S MONROE ST TALLAHASSEE FL 32399 STATE GOVERNMENT FL N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 STATE OF FLORIDA C 300000000 SETTLEMENT REVENUE APPROPRIATION STATE OF FLORIDA R 1778556 INTEREST INCOME TRANSFER