Central Florida Partnership Inc
- Assets
- $2.8m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Orlando, FL
- Founding
- Data as of
- 12/2016
- EIN
- 33-1202266
Organization Overview
Central Florida Partnership Inc is located in Orlando, FL. Central Florida Partnership Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2016, Central Florida Partnership Inc generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
ANTICIPATE THE COMPLEXITIES OF GLOBAL MARKETS, GROWTH AND COLLABORATION AND RESPOND WITH TIMELY AND APPROPRIATE ACTION TO ENSURE ECONOMIC PROSPERITY AND QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE, FACILITATE AND LEAD COMMUNITY EFFORTS TO ADVANCE ECONOMIC VITALITY AND PROSPERITY AND IMPROVE THE QUALITY OF LIFE FOR THOSE WHO LIVE, WORK, LEARN AND PLAY IN THE CENTRAL FLORIDA REGION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Loren J Bender Vice Chair - Finance | OfficerTrustee | 1 | $0 |
Mr Sean Demartino Vice Chair | OfficerTrustee | 1 | $0 |
Mr Aaron J Gorovitz Past Chair | OfficerTrustee | 1 | $0 |
Ms Yolanda Londono First Vice Char | OfficerTrustee | 1 | $0 |
Mr Stephen H Mauldin Chair | OfficerTrustee | 1 | $0 |
Mr Scott P Fagan Secretary/treasurer, CFO | Officer | 50 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fairfield Index Consulting Services | 12/30/14 | $310,345 |
Resource Development Group Consulting Services | 12/30/14 | $170,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,608,747 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,611,248 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,579 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $943,676 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $71,205 |
| Payroll taxes | $67,763 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $55,593 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $263,540 |
| Advertising and promotion | $77,914 |
| Office expenses | $168,957 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,760 |
| Travel | $189,949 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $53,044 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $32,086 |
| All other expenses | $79,302 |
| Total functional expenses | $2,351,518 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $175,985 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $107,462 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,550,920 |
| Total assets | $2,834,367 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $498,259 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $498,259 |
| Unrestricted restricted net Assets | $2,336,108 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $2,336,108 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Central Florida Partnership Inc has recieved totaling $205,000.
| Awarding Organization | Amount |
|---|---|
Adventist Health System Sunbelt Inc Altamonte Springs, FL PURPOSE: General Support | $205,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Camber Foundation Durham, NC | $143,536,160 | $30,406,277 |
Affinity Health Center Rock Hill, SC | $21,220,850 | $20,654,145 |
Senior Total Life Care Gastonia, NC | $7,534,285 | $22,491,131 |
Latin Academy Of Recording Arts & Sciences Inc Miami, FL | $39,115,078 | $23,723,068 |
Rush Care Inc Meridian, MS | $36,015,536 | $16,929,322 |
Duke Integrated Network Inc Durham, NC | $2,381,377 | $12,476,427 |
National Save The Sea Turtle Foundation Inc Fort Lauderdale, FL | $31,698,060 | $38,580,626 |
Sunrise 2000 Inc Miami, FL | $2,498,890 | $23,255,068 |
Coahoma Electric Power Assn Lyon, MS | $50,480,063 | $20,605,799 |
Montgomery Community Action Committee Montgomery, AL | $13,253,001 | $19,355,950 |