BRADENTON AREA ECONOMIC DEVELOPMENT CORPORATION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- BRADENTON AREA ECONOMIC DEVELOPMENT CORPORATION (EIN 45-4006592)
- Tax period
- 2013-10-01 to 2014-09-30
- Filed
- 2015-03-28
- IRS object ID
- 201540879349300104
- Schema version
- 2013v4.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-03-28T09:45:34-07:00 | ReturnTs |
| Tax Period End | 2014-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ChristopherSmithLeonard Etal | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 3rd Ave W Suite 700 | AddressLine1 |
| City | Bradenton | City |
| State | FL | State |
| ZIP Code | 34205 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 454006592 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bradenton Area Economic Development | BusinessNameLine1 |
| Business Name Line2 | Corporation | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BRAD | BusinessNameControlTxt |
| Phone | 9418039030 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4215 Concept Court | AddressLine1 |
| City | Lakewood Ranch | City |
| State | FL | State |
| ZIP Code | 34211 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mark Barnebey | PersonNm |
| Person Title | Chairman | PersonTitleTxt |
| Signature | 2015-03-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Robert E Stanell | PreparerPersonNm |
| PTIN | P01362173 | PTIN |
| Phone | 9417481040 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Mark Barnebey | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4215 Concept Court | AddressLine1 |
| City | Lakewood Ranch | City |
| State | FL | State |
| ZIP Code | 34211 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $808,452 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| All Affiliates Included | false | AllAffiliatesIncludedInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.thinkbradentonarea.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2011 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | To improve the economic health of the community by attracting and retaining companies which bring increased capital investments and high paying jobs to manatee County, resulting in improved quality of life for the entire region. | ActivityOrMissionDesc |
| Voting Members Governing Body | 35 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 35 | VotingMembersIndependentCnt |
| Total Employee | 6 | TotalEmployeeCnt |
| Total Volunteers | 121 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $319,159 | PYContributionsGrantsAmt |
| CY Contributions Grants | $307,548 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $366,562 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $380,740 | CYProgramServiceRevenueAmt |
| PY Investment Income | $419 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,091 | CYInvestmentIncomeAmt |
| PY Other Revenue | $77,999 | PYOtherRevenueAmt |
| CY Other Revenue | $81,840 | CYOtherRevenueAmt |
| PY Total Revenue | $764,139 | PYTotalRevenueAmt |
| CY Total Revenue | $772,219 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $403,189 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $398,693 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $362,544 | PYOtherExpensesAmt |
| CY Other Expenses | $287,393 | CYOtherExpensesAmt |
| PY Total Expenses | $765,733 | PYTotalExpensesAmt |
| CY Total Expenses | $686,086 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,594 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $86,133 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,152,410 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,264,350 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $153,870 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $179,677 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $998,540 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,084,673 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To improve the economic health of the community by attracting and retaining companies which bring increased capital investments and high paying jobs to manatee County, resulting in improved quality of life for the entire region. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | Business Retention/Expansion: To retain existing high-impact businesses in Manatee County Florida, by assisting with facility expansions, workforce issues, connections to grants, incentives and information resources and international trade. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Business Recruitment: To attract new, high-impact companies to Manatee County by establishing an active, prospect-driven outreach marketing program that builds upon differentiating resources, established international connections, positive business environment and an attractive quality of life. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Workforce Development: To identify, develop, and connect workforce resources and talent to support the growth of existing and targeted new industries, which create employment opportunities in sustainable, high-skill, high-wage jobs. Connect businesses with information about workforce grants and training programs available at the federal, state, regional and local level. Interact with regional colleges, universities and technology companies to promote technology development, grant/research collaboration, the building of start-up companies, and to encourage more students to pursue technology studies. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 5 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | false | BackupWthldComplianceInd |
| Employee | 6 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Org Filed In Lieu Of Form1041 | false | OrgFiledInLieuOfForm1041Ind |
| Licensed More Than One State | false | LicensedMoreThanOneStateInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 35 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 35 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Sharon Hillstrom | PersonNm |
| Phone | 9417484842 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4215 Concept Court | AddressLine1 |
| City | Bradenton | City |
| State | FL | State |
| ZIP Code | 34211 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| Bob Turner | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Mark Barnebey | |||||||
| Chair-Elect | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Alex Miller | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Darrell Turner | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Bill Poulton | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Marc Paquin | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Deborah Robinson | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Brian Volner | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| JJ Miranda | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Josh McCoy | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Julia DeCastro | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Jerry Marlar | |||||||
| imm. Past chair | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Kirk Boylston | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Bill Webster | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| John L Rice | |||||||
| Chairman | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| John Batcho | |||||||
| trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Dayton Amey | |||||||
| Treasurer | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Bob Bartz | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Paul Blackketter | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| David Brooks | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Mike Wick | |||||||
| trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| kevin McLaughlin | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Rick Fawley | |||||||
| At-large | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Nick Roberts | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Ryan Saunders | |||||||
| trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Shari Brickley | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Rae Dowling | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Jacki Barron | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Rick Piccolo | |||||||
| At-Large | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Stephen Jaynes | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Michael Moschella | |||||||
| Secretary | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Len Najjar | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Chris Perkins | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Trevor Gooby | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| David Teitelbaum | |||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Sharon Hillstrom | |||||||
| President | 40.00 | 0.00 | $120,939 | $0 | $4,788 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $120,939 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $4,788 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $307,548 | AllOtherContributionsAmt |
| Total Contributions | $307,548 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Membership Dues & Assessments | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $380,740 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $380,740 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $380,740 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,091 | TotalRevenueColumnAmt |
| Exclusion | $2,091 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $95,836 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $36,233 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $59,603 | TotalRevenueColumnAmt |
| Exclusion | $59,603 | ExclusionAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Misc. Income | 900099 | $7,052 | $7,052 |
| Tervis Tumblers | 900099 | $15,185 | $15,185 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $22,237 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $772,219 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $402,977 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $61,694 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $124,191 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $221,873 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,910 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,719 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $270 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,000 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,169 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,148 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,606 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,073 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,172 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| Outreach Development | $82,204 |
| Chamber Shared Services | $72,906 |
| Business Development | $28,559 |
| Marketing | $21,018 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,268 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $686,086 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $177,864 | BOYAmt |
| EOY | $270,956 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $738,102 | BOYAmt |
| EOY | $740,193 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $208,483 | BOYAmt |
| EOY | $218,143 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,795 | BOYAmt |
| EOY | $13,318 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $62,414 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $40,674 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,166 | BOYAmt |
| EOY | $21,740 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,152,410 | BOYAmt |
| EOY | $1,264,350 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,939 | BOYAmt |
| EOY | $41,194 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,931 | BOYAmt |
| EOY | $138,483 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $153,870 | BOYAmt |
| EOY | $179,677 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $998,540 | BOYAmt |
| EOY | $1,084,673 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $998,540 | BOYAmt |
| EOY | $1,084,673 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,152,410 | BOYAmt |
| EOY | $1,264,350 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $86,133 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $62,414 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $40,674 | DepreciationAmt |
| Book Value | $21,740 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $21,740 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $808,452 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $808,452 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$36,233 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$36,233 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $772,219 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $722,319 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $36,233 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $36,233 | ExpensesNotReportedAmt |
| Expenses Subtotal | $686,086 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $686,086 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part X : FIN48 Footnote | The Bradenton Area Economic Development Corporation is exempt from income taxes under Internal Revenue Code Section 501 (c)(6). However, BAEDC is taxed on any unrelated business income. There was no significant income tax expense in 2013. BAEDC applies guidance issued by the FASB on accounting for uncertainty in tax positions. Management believes the Organization has no material unrecognized income tax positions, including any potential loss of its tax exempt status. BAEDC has no ongoing federal, state or local tax audits; however, BAEDCs tax return for fiscal year end 2012 and subsequent years remain open to examination. |
| Part XII, Line 2d: Other expenses and losses per audited F/S | sPECIAL eVENTS Expense $36233 Fixed asset disposal $0 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agrmt Prof Fundraising Acty | false | AgrmtProfFundraisingActyInd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Annual Hob Nob | NameOfEvent1Amt |
| Gross Receipts Event1 | $45,796 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $45,796 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $15,599 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | Annual update event | NameOfEvent2Amt |
| Gross Receipts Event2 | $29,655 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $29,655 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $14,829 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $20,385 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $20,385 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $5,805 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $95,836 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $95,836 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $36,233 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $36,233 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $59,603 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 11b: Form 990 Review Process | The Form 990 will be reviewed by the corporation's audit committee prior to filing with the IRS. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | At the beginning of the year, the board is asked to review the organization's conflict of interest policy and to sign a conflict of interest disclosure form. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | The President/CEO (or other top management personnel) salaries are to be determined by the Corporation's Compensation Committee, which is comprised of the Chair, Chair-Elect, and Immediate Past Chair. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | Other key employee salaries are to be established and approved by the President and compensation committee. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Available upon request |
Comments