2016-04-14T13:44:14-05:00 2015-08-31 201941244 HORNE LLP 1020 HIGHLAND COLONY PKWY STE 400 RIDGELAND MS 39157 990 2014-09-01 271318782 MISSISSIPPI GULF RESORT CLASSIC FOUNDATION INC MISS 2288966365 PO BOX 7362 DIBERVILLE MS 39540 FRANK BERTUCCI BOARD PRESIDENT 2288966365 2016-04-08 1 AMY WILSON SMITH CPA P01612501 6013261000 2016-04-07 2014 2016-08-17 19:52:53Z FRANK BERTUCCI PO BOX 7362 DIBERVILLE MS 39540 3617273 0 X WWW.2016MGRC.COM X 2009 MS OPERATION OF AN ANNUAL CHAMPIONS TOUR GOLF TOURNAMENT THAT BENEFITS HABITAT FOR HUMANITY OF THE MISSISSIPPI GULF COAST, INC AND OTHER LOCAL CHARITIES. 13 13 0 930 0 0 3562082 3484002 0 0 344 76 -2918379 -2822957 644047 661121 125000 125000 0 0 0 0 0 0 0 519047 559344 644047 684344 0 -23223 424725 502387 228979 329864 195746 172523 OPERATION OF AN ANNUAL CHAMPIONS TOUR GOLF TOURNAMENT THAT BENEFITS HABITAT FOR HUMANITY OF THE MISSISSIPPI GULF COAST, INC AND OTHER LOCAL CHARITIES. 0 0 146993 125000 24117 OPERATION OF AN ANNUAL CHAMPIONS TOUR GOLF TOURNAMENT THAT BENEFITS HABITAT FOR HUMANITY OF THE MISSISSIPPI GULF COAST, INC AND OTHER LOCAL CHARITIES. 146993 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 0 1 0 0 0 0 0 0 0 0 X 13 13 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 MS X CAMERON PEARCE 2052622822 100 GRANDVIEW PLACE SUITE 110 BIRMINGHAM AL 35243 X FRANK BERTUCCI BOARD PRESIDENT 1.00 X 0 0 0 JONATHAN JONES BOARD VICE PRESIDENT 1.00 X 0 0 0 ROY ANDERSON III DIRECTOR 1.00 X 0 0 0 DIRK BARRIENT DIRECTOR 1.00 X 0 0 0 BILLY THORNTON DIRECTOR 1.00 X 0 0 0 CHRIS MONFORTON DIRECTOR 1.00 X 0 0 0 JACK NORRIS DIRECTOR - NON-VOTING 1.00 X 0 0 0 JIM RICHMOND DIRECTOR 1.00 X 0 0 0 KEITH WILLIAMS DIRECTOR 1.00 X 0 0 0 DUNCAN MCKENZIE DIRECTOR 1.00 X 0 0 0 TODD RAZIANO DIRECTOR 1.00 X 0 0 0 JEFF SEGAN DIRECTOR 1.00 X 0 0 0 WADE HOWK DIRECTOR 1.00 X 0 0 0 ASHLEY EDWARDS DIRECTOR 1.00 X 0 0 0 STEVE NIEMAN TOURNAMENT DIRECTOR 40.00 X 0 0 0 0 0 0 0 0 0 0 PGA TOUR 100 PGA TOUR BLVD PONTE VEDRA FL 32082 TOURNAMENT & PRO AM PURSE; GOLF CHANNEL 1964162 BRUNO EVENT TEAM 100 GRANDVIEW PLACE SUITE 110 BIRMINGHAM AL 35243 MANAGEMENT SERVICES 463342 SHAFFER SPORTS 601 WEST 6TH STREET HOUSTON TX 77007 BLEACHER & TENT RENTAL 338059 3 3059002 425000 3484002 76 76 109078 3059002 2956152 -2847074 -2847074 MISCELLANEOUS REVENUE 900099 24117 24117 24117 661121 24117 0 -2846998 125000 125000 180000 180000 22000 22000 28656 28656 22900 22900 21993 21993 CONTRACT LABOR 281247 281247 REPAIRS AND MAINTENANCE 2548 2548 684344 146993 537351 0 141315 75712 283410 426675 68234 68234 0 0 424725 502387 228979 329864 228979 329864 X 195746 172523 195746 172523 424725 502387 -23223 0 X X 0 1 X 1 0 X 3545709 3252219 3717716 3562082 3484002 17561728 167688 114092 112454 99110 109078 602422 3713397 3366311 3830170 3661192 3593080 18164150 0 1541302 1323008 2320792 2311422 2335382 9831906 1541302 1323008 2320792 2311422 2335382 9831906 8332244 867 937 767 344 76 2991 867 937 767 344 76 2991 14064 11826 7886 11078 24117 68971 3728328 3379074 3838823 3672614 3617273 18236112 0.45690 0.50430 0.00020 0.00030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7000 7000 0 18062 18062 0 43172 43172 0 0 X 4199048 581775 2956152 3537927 661121 0 661121 4222271 581775 2956152 3537927 684344 0 684344 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 AND SIMILAR PROVISIONS OF STATE INCOME TAX REGULATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCOME FROM FUNDRAISING OFFSET BY EXPENSES 2,956,152. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM FUNDRAISING OFFSET BY REVENUE 2,956,152. GOLF TOURNAMENTS 3168080 3059002 109078 1235034 0 31385 1689733 3168080 3059002 109078 1235034 31385 1689733 2956152 -2847074 1 HABITAT FOR HUMANITY OF THE MISSISSIPPI GULF COAST 2214 34TH STREET GULFPORT MS 39501 208133916 501(C)(3) 125000 DONATION TO FURTHER CHARITABLE WORK OF ORGANIZATION 1 PART I, LINE 2: THE FOUNDATION ONLY GIVES GRANTS TO CHARITABLE ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 3 MISSISSIPPI GULF RESORT CLASSIC FOUNDATION, INC. HAS ENTERED INTO A MANAGEMENT AGREEMENT WITH BRUNO EVENT TEAM. BRUNO EVENT TEAM IS ONE OF THE HIGHEST PAID INDEPENDENT CONTRACTORS, LISTED ON FORM 990 PART VII. THEY MANAGE ALL ASPECTS OF THE ANNUAL GOLF TOURNAMENT AND DEAL WITH ALL VENDORS, SPONSORS, AND PARTICIPANTS ON THE FOUNDATION'S BEHALF. HOWEVER, THE ULTIMATE POWER TO MAKE DECISIONS REGARDING FOUNDATION BUSINESS REMAINS THE RESPONSIBILITY OF THE BOARD OF DIRECTORS OF THE FOUNDATION, AND BRUNO'S WORK IS SUBJECT TO THE APPROVAL AND GUIDANCE OF THE FOUNDATION'S BOARD, PER THE MANAGEMENT AGREEMENT. UNDER THE MANAGEMENT AGREEMENT, BRUNO EVENT TEAM EMPLOYS THE TOURNAMENT DIRECTOR, STEVE NIEMAN,AND HIS STAFF. HIS SALARY, TAXES, BENEFITS, AND BONUSES (AND THAT OF THE EVENT STAFF) IS INCLUDED IN THE MANAGEMENT FEE PAID TO BRUNO EVENT TEAM, LISTED ON FORM 990 PART VII. FORM 990, PART VI, SECTION B, LINE 11 TOURNAMENT DIRECTOR AND CFO FOR THE MANAGEMENT COMPANY, BRUNO EVENT TEAM, COMPILE THE INFORMATION AND REVIEW THE 990 BEFORE IT IS RELEASED. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION MAKES ITS FORMS 1023 AND 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PAGE 12, PART XII, QUESTION 2C THE ORGANIZATION DOES HAVE A COMMITTEE THAT OVERSEES THE SELECTION OF AN INDEPENDENT ACCOUNTANT AND REVIEW OF THEIR WORK. THEIR PROCESS HAD NOT CHANGED FROM PRIOR YEAR.