Bahama Out Islands Promotion Board

Organization Overview

Bahama Out Islands Promotion Board is located in Plantation, FL. The organization was established in 2009. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bahama Out Islands Promotion Board 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 06/2022, Bahama Out Islands Promotion Board generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ONGOING MARKETING AND PROMOTION OF THE OUT ISLANDS ACROSS THE ISLANDS OF THE BAHAMAS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE GOAL OF THIS ORGANIZATION IS TO INCREASE OCCUPANCY AND AVERAGE DAILY RATE OF ITS MEMBER HOTELS. DURING THIS TOUGH ECONOMIC ENVIRONMENT THE ORGANIZATION SUCCESSFULLY REMAINED SOLVENT AND SUCCESSFULLY PROMOTED THE BAHAMAS OUT ISLANDS WHILE TOURISM SIGNIFICANTLY DECLINED WORLDWIDE.


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Board, Officers & Key Employees

Name (title)Compensation
Arnette Chisholm
Director
$0
Beverley Brittain
Director
$0
Carl Rolle
Treasurer
$0
Cheryl Bastian
President
$0
David Hocher
Director
$0
Debra Jenkins
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,798,589
Fundraising events$0
Related organizations$0
Government grants $528,000
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$2,326,589
Total Program Service Revenue$0
Investment income $4,982
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 $2,344,644

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