2016-05-16T13:16:27-05:00 2015-06-30 592831281 CALER DONTEN LEVINE ET AL PA 505 SOUTH FLAGLER DR 900 WEST PALM BEACH FL 334015948 990 2014-07-01 590870057 SOUTH FLORIDA FAIR & PALM BEACH COUNTY EXPOSITIONS INC SOUT 5617930333 PO BOX 210367 WEST PALM BEACH FL 334210367 RICK VYMLATIL CEO 5617930333 2016-05-16 1 THOMAS A PENCE JR P00141013 5618329292 2014 2016-08-17 19:52:53Z RICK VYMLATIL PO BOX 210367 WEST PALM BEACH FL 334210367 15669863 0 X WWW.SOUTHFLORIDAFAIR.COM X 1976 FL THE SOUTH FLORIDA FAIR AND PALM BEACH COUNTY EXPOSITIONS, INC. IS A NON-PROFIT CORPORATION WHOSE PURPOSE IS TO PRESERVE AND PROMOTE THE AGRICULTURAL, TRADE, ENTERTAINMENT AND HISTORICAL HERITAGE OF OUR COMMUNITY. 17 17 426 931 0 0 54718 71121 12736473 14586035 18778 24225 800892 977044 13610861 15658425 36250 65050 0 0 3881682 4043656 0 0 121309 9181401 9981938 13099333 14090644 511528 1567781 29444810 31113929 12300814 12405637 17143996 18708292 X THE SOUTH FLORIDA FAIR AND PALM BEACH COUNTY EXPOSITIONS, INC. IS A NON-PROFIT CORPORATION WHOSE PURPOSE IS TO PRESERVE AND PROMOTE THE AGRICULTURAL, TRADE, ENTERTAINMENT AND HISTORICAL HERITAGE OF OUR COMMUNITY. 0 0 12422215 65050 14586035 THE PRIMARY PURPOSE OF THE SOUTH FLORIDA FAIR AND PALM BEACH COUNTY EXPOSITIONS, INC. IS TO PRODUCE THE ANNUAL SOUTH FLORIDA FAIR. THE FAIR IS A STATE CHARTERED DISTRICT AGRICULTURAL FAIR SHOWCASING THE SOUTH FLORIDA AREA. THE FAIR ACCEPTS ENTRIES INTO ITS AGRICULTURAL AND EDUCATIONAL COMPETITIONS FROM THE FIVE COUNTIES THAT IT IS CHARTERED TO SERVE: PALM BEACH, MARTIN, BROWARD, OKEECHOBEE AND HENDRY. HIGHLIGHTS ARE A LIVESTOCK DISPLAY ENCOMPASSING OVER EIGHT ACRES, A YOUTH HORTICULTURAL DISPLAY, HUNDREDS OF YOUTH 4-H AND FFA EXHIBITS AND SEVERAL PROGRAMS WHICH CONCENTRATE ON THE YOUTH OF OUR AREA THROUGH COOPERATION WITH THE LOCAL SCHOOL DISTRICT. THROUGHOUT THE REMAINDER OF THE CALENDAR YEAR, THE FAIRGROUND OFFERS ITS FACILITIES TO VARIOUS GROUPS AND ORGANIZATIONS WHOSE EMPHASIS IS THE BETTERMENT OF THE COMMUNITY, I.E., DISTRICT SCIENCE FAIR, THE DISTRICT'S COLLEGE AND CAREER NIGHTS, PALM BEACH COUNTY SHERIFF'S DEPARTMENT, FLORIDA NURSERY GROWER'S ASSOCIATION AND THE DEPARTMENT OF AGRICULTURE TO NAME A FEW. THE FAIR ALSO PROVIDES SEVERAL EDUCATIONAL OPPORTUNITIES TO LOCAL ELEMENTARY SCHOOL STUDENTS. THESE INCLUDE SCHOOL TOURS HIGHLIGHTING THE HISTORY OF EARLY FLORIDA IN THE FAIR'S YESTERYEAR VILLAGE, SCHOOL TOURS OF THE FAIRS EXTENSIVE AGRICULTURAL EXHIBITS DURING THE ANNUAL SOUTH FLORIDA FAIR, PROGRAMS IN EMBRIOLOGY AND A PROGRAM THAT ENCOURAGES STUDENTS TO READ WITH BOOKS ABOUT AGRICULTURE OR WITH THEMES THAT CENTER ON AGRICULTURE.FINALLY, THE FAIR ASSISTS LOCAL YOUTH THROUGH ITS SCHOLARSHIP FUND, WHICH, SINCE THE EARLY 1980'S, HAS SUPPLIED OVER $350,000 IN GRANTS TO WORTHWHILE STUDENTS. GRANTS PAID FOR THE CURRENT PERIOD TOTALED $65,050. 12422215 1 0 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 313 0 1 426 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X CORP CONTRFINANCE OFFICE 5617930333 PO BOX 210367 WEST PALM BEACH FL 334210367 MICHAEL BUBIS VICE CHAIR 5.00 X X 0 0 0 CRAIG K ELMORE IMMEDIATE PAST CHAIR 5.00 X X 0 0 0 JOHN FENN FOSTER ASST SECRETARY / GENERAL COUNSEL 5.00 X X 0 0 0 JONATHAN FROST CHAIRMAN 5.00 X X 0 0 0 DENNIS GRADY SECRETARY 5.00 X X 0 0 0 WILLIAM E PRUITT TREASURER 5.00 X X 0 0 0 ROBERT BROADWAY TRUSTEE 2.00 X 0 0 0 SAM ELLINGTON TRUSTEE 2.00 X 0 0 0 PAUL GROSE TRUSTEE 2.00 X 0 0 0 THOMAS C HOLT TRUSTEE 2.00 X 0 0 0 REBECCA ISIMINGER TRUSTEE 2.00 X 0 0 0 ROBERTA JURNEY TRUSTEE 2.00 X 0 0 0 THERESA LEPORE TRUSTEE 2.00 X 0 0 0 ANNIS H MANNING TRUSTEE 2.00 X 0 0 0 GREG RICE TRUSTEE 2.00 X 0 0 0 RON SMOLA TRUSTEE 2.00 X 0 0 0 WILLIAM SNEED TRUSTEE 2.00 X 0 0 0 ROBERT WEISMAN TRUSTEE 2.00 X 0 0 0 RICK VYMLATIL PRESIDENT / CEO 40.00 X 198263 0 5427 VICTORIA CHOURIS VP & COO 40.00 X 165778 0 5427 MATTHEW WALLSMITH VP & CFO 40.00 X 163654 0 5427 527695 0 16281 3 0 1 0 WADE SHOWS INC PO BOX 51730 LIVONIA MI 48151 RIDES 1659381 PALM BEACH COUNTY SHERIFF DEPT PO BOX 24681 WEST PALM BEACH FL 33416 SECURITY 345680 KA-CHING LAWN SERVICES LLC 16835 62ND ROAD N LOXAHATCHEE FL 33470 JANITORIAL 170573 TRANE US INC PO BOX 406469 ATLANTA GA 30384 A/C 137184 SOLID WASTE AUTHORITY PO BOX 24693 WEST PALM BEACH FL 33416 TRASH REMOVAL 131470 10 9496 16850 44775 71121 ANNUAL FAIR 713110 11393573 11393573 EXPO CENTER 713110 2112458 2112458 FRIGHT NIGHT 713110 636301 636301 ANCILLARY SERVICES 713110 443703 443703 14586035 25226 25226 966269 0 966269 966269 966269 1001 -1001 -1001 -1001 17020 16850 10437 6583 6583 MISCELLANEOUS REVENUE 900099 4192 4192 4192 15658425 14586035 0 1001269 X 25000 25000 40050 40050 523853 392889 115248 15716 3003143 2252357 660692 90094 262208 196656 57686 7866 254452 190839 55980 7633 74025 74025 50988 50988 890150 845643 44507 291952 237284 54668 926844 787817 139027 467616 448911 18705 1164417 1117841 46576 475652 475652 MIDWAY EXPENSE 2327808 2327808 MUSIC & ENTERTAINMENT 889213 889213 REPAIRS & MAINTENANCE 538633 484770 53863 FRIGHT NIGHT - DIRECT E 314931 314931 1569709 1394554 175155 14090644 12422215 1547120 121309 166066 143421 6655419 7635441 343959 493461 133210 224310 43599119 23049887 21035852 20549232 509533 521947 600771 1546117 29444810 31113929 503285 720848 198090 311251 10981893 10513298 500000 500000 117546 360240 12300814 12405637 X 16888325 18487364 255671 220928 17143996 18708292 29444810 31113929 1567781 -3485 0 X 0 1 X 1 0 X 98213 128469 53247 54718 71121 405768 10286664 12746954 12546354 12752840 14586035 62918847 10384877 12875423 12599601 12807558 14657156 63324615 0 0 0 63324615 836139 777120 826333 809739 991495 4240826 836139 777120 826333 809739 991495 4240826 28005 45736 34354 5553 4192 117840 11249021 13698279 13460288 13622850 15652843 67683281 0.93560 0.93190 0.06270 0.06590 X X 0 6354641 6354641 31969794 19034895 12934899 5042327 3783276 1259051 232357 231716 641 20549232 CONTRACTS & RETAINAGE PAYABLE 360240 360240 X 15665377 -3485 -3485 15668862 -10437 -10437 15658425 14101081 10437 10437 14090644 0 14090644 PART III, LINE 1A: HISTORICAL ARTIFACTS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE ORGANIZATION'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. THE ORGANIZATION'S HISTORICAL ARTIFACTS ARE MADE UP OF BUILDINGS AND EXHIBITS OF HISTORICAL SIGNIFICANCE THAT ARE HELD FOR EDUCATIONAL PURPOSES. PART III, LINE 4: THE ORGANIZATION'S HISTORICAL ARTIFACTS ARE MADE UP OF BUILDINGS AND EXHIBITS OF HISTORICAL SIGNIFICANCE, AND ARE HELD FOR EDUCATIONAL PURPOSES. PART X, LINE 2: THE ORGANIZATION EVALUATES ITS UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES, WHICH STATES THAT MANAGEMENT'S DETERMINATION OF THE TAXABLE STATUS OF AN ENTITY, INCLUDING ITS STATUS AS A TAX-EXEMPT ENTITY, IS A TAX POSITION SUBJECT TO THE STANDARDS REQUIRED FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT DOES NOT BELIEVE THAT THE ORGANIZATION HAS ANY SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES -10,437. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 10,437. GOLF TOURNAMENT 33870 16850 17020 10437 33870 16850 17020 10437 10437 6583 1 PALM BEACH STATE COLLEGE 4200 S CONGRESS AVENUE LAKE WORTH FL 33461 591216000 25000 SCHOLARSHIP ENDOWMENT 1 COLLEGE SCHOLARSHIPS 21 40050 0 PART I, LINE 2: ALL SCHOLARSHIP FUNDS ARE SENT DIRECTLY TO THE RESPECTIVE SCHOOLS. X 0 0 0 0 0 0 0 0 0 RICK VYMLATIL PRESIDENT / CEO 192646 0 2571 0 3046 0 0 0 5427 0 203690 0 0 0 VICTORIA CHOURIS VP & COO 132231 0 33547 0 0 0 0 0 5427 0 171205 0 0 0 MATTHEW WALLSMITH VP & CFO 156154 0 7500 0 0 0 0 0 5427 0 169081 0 0 0 A PALM BEACH COUNTY FLORIDA 596000785 696522EK3 2010-08-27 11944866 REFUND A PRIOR BOND ISSUE DATED 11/1/2000 0 0 0 A 11944866 909750 212754 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FOSTER & FUCHS PA FIRM PARTNER IS AN OFFICER 72761 LEGAL SERVICES 0 TOBIN NOTMAN SPOUSE OF VICKI CHOURIS, COO 900 CARPENTRY WORK 0 FORM 990, PART VI, SECTION A, LINE 2 MICHAEL BUBIS, VICE CHAIR OF THE ORGANIZATION, AND JONATHAN FROST, CHAIR OF THE ORGANIZATION ARE GREATER THAN 10% OWNERS IN THE SAME BUSINESS. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF THE FORM 990 IS EMAILED TO THE TRUSTEES FOR AN INDEPENDENT REVIEW. THE TRUSTEES MAY MAKE INQUIRIES AND DISCUSS QUESTIONS THEY HAVE WITH STAFF, WHICH MAY MAKE OR RECOMMEND CHANGES TO THE DRAFT RETURN. AFTER ALL INQUIRIES ARE CLEARED AND ADJUSTMENTS MADE, IF ANY, THE TAX PREPARER SUBMITS A SECOND DRAFT TO THE STAFF FOR THE FINAL REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, TRUSTEES, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST AS IT ARISES. A CONFLICT OF INTEREST DISCLOSURE AND CERTIFICATE OF COMPLIANCE ARE REQUIRED FROM ALL BOARD MEMBERS EVERY YEAR. THE SOUTH FLORIDA FAIR REQUIRES ALL BOARD MEMBERS TO COMPLY WITH THE COMPANY'S CORPORATE GOVERNANCE GUIDELINES AND BOARD MEMBERS' CODE OF CONDUCT. INCLUDED IN THIS DISCLOSURE ARE ORGANIZATIONS, PARTNERSHIPS, CORPORATIONS, BUSINESSES OR OTHER LEGAL ENTITIES, WHETHER FOR PROFIT OR NOT-FOR-PROFIT, IN WHICH THE UNDERSIGNED IS A DIRECTOR, TRUSTEE, OFFICER, PARTNER, EMPLOYEE AND/OR OWNS OR CONTROLS MORE THAN 5% OF THE VOTING SECURITIES. THESE FORMS ARE COMPLETED, SIGNED AND TURNED INTO THE CEO WHO REVIEWS AND FILES THE DISCLOSURES. ANY POTENTIAL CONFLICT IS BROUGHT TO THE ATTENTION OF THE BOARD OF TRUSTEES AND DISCLOSED. POTENTIAL CONFLICTS ARE ALSO BROUGHT TO THE ATTENTION OF KEY STAFF MEMBERS AND LEGAL COUNSEL TO DETERMINE THE APPROPRIATE ACTIONS THAT NEED TO TAKE PLACE TO REMAIN IN COMPLIANCE WITH ALL RULES AND REGULATIONS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES APPOINTS A COMPENSATION COMMITTEE THAT REVIEWS COMPENSATION OF OFFICERS AND KEY EMPLOYEES. THE COMPENSATION OF THE CEO IS INCLUDED IN A WRITTEN EMPLOYMENT CONTRACT AND IS APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 REQUESTS TO REVIEW THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS MAY BE WRITTEN OR ORAL, BUT HAS TO BE MADE DIRECTLY TO THE ORGANIZATION. PERSONS MAKING THE REQUEST FOR THE DOCUMENTS RECEIVE THE DOCUMENTS IN THE FORMAT THEY REQUEST THEM TO BE SENT, WHETHER BY MAIL, FAX OR EMAIL. FORM 990, PART IX, LINE 24E FAIR SECURITY: PROGRAM SERVICE EXPENSES 313,514. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 313,514. EXHIBIT EXPENSES: PROGRAM SERVICE EXPENSES 230,807. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 230,807. TENT & EQUIPMENT RENTAL: PROGRAM SERVICE EXPENSES 154,250. MANAGEMENT AND GENERAL EXPENSES 11,610. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 165,860. ADVANCE TICKET COMMISSIONS: PROGRAM SERVICE EXPENSES 160,913. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 160,913. CASH AWARDS: PROGRAM SERVICE EXPENSES 152,682. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 152,682. PARKING LOT: PROGRAM SERVICE EXPENSES 98,715. MANAGEMENT AND GENERAL EXPENSES 42,308. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 141,023. ADVANCE TICKET SELLING EXPENSES: PROGRAM SERVICE EXPENSES 119,385. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 119,385. VOLUNTEER EXPENSE: PROGRAM SERVICE EXPENSES 71,198. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 71,198. DEVELOPMENT & EDUCATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 68,672. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 68,672. MISCELLANEOUS EXPENSES: PROGRAM SERVICE EXPENSES 16,951. MANAGEMENT AND GENERAL EXPENSES 50,853. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 67,804. TRADE MEMBERSHIPS: PROGRAM SERVICE EXPENSES 38,104. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,104. JUDGING: PROGRAM SERVICE EXPENSES 26,155. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,155. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 9,121. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,121. VEHICLE EXPENSE: PROGRAM SERVICE EXPENSES 3,995. MANAGEMENT AND GENERAL EXPENSES 1,712. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,707. LICENSES & FEES: PROGRAM SERVICE EXPENSES 5,706. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,706. SITE SURVEY: PROGRAM SERVICE EXPENSES 3,187. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,187. BOX OFFICE EXPENSE: PROGRAM SERVICE EXPENSES -10,129. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -10,129.