2025-08-14T16:21:02-05:00 2024-09-30 871353108 EISNER ADVISORY GROUP LLC 505 SOUTH FLAGLER DRIVE SUITE 900 WEST PALM BEACH FL 33401 990 2023-10-01 592169828 BUSINESS DEVELOPMENT BOARD OF PALM BEACH COUNTY INC BUSI 5618351008 310 EVERNIA STREET WEST PALM BEACH FL 33401 KELLY SMALLRIDGE PRESIDENT 5618351008 2025-08-05 1 1 DOUGLAS TAPP P00200641 5618329292 2025-08-05 2023 2025-03-06 01:10:19Z KELLY SMALLRIDGE 310 EVERNIA STREET WEST PALM BEACH FL 33401 4240409 0 X WWW.BDB.ORG X 1982 FL COUNTYWIDE ECONOMIC DEVELOPMENT TO RECRUIT, RETAIN AND EXPAND COMPANIES TO CREATE JOBS FOR ALL RESIDENTS, COORDINATE BUSINESS DEVELOPMENT ACTIVITIES, IMPROVE ECONOMIC STABILITY, ENHANCE THE COUNTY'S TAX BASE, ASSIST ALL COMMUNITIES IN ATTRACTING OR RETAINING BUSINESSES AND TO COLLECT AND DISSEMINATE ECONOMIC DATA. 51 49 14 0 205667 0 1749291 1740249 1444086 1431546 51403 71421 125851 70802 3370631 3314018 0 0 0 0 1869662 2002120 0 0 0 1140399 1137883 3010061 3140003 360570 174015 3868787 3696331 817523 515743 3051264 3180588 TO CREATE JOBS FOR ALL RESIDENTS THROUGH COUNTYWIDE ECONOMIC DEVELOPMENT PROGRAMS SUCH AS RECRUITMENT, RETENTION, AND EXPANSION OF COMPANIES IN PALM BEACH COUNTY. 0 0 BUSINESS RECRUITMENT, RETENTION, AND EXPANSION - TO CREATE HIGH-QUALITY JOBS, DIVERSIFY THE ECONOMIC BASE, AND RELOCATE NEW COMPANIES TO PALM BEACH COUNTY, AS WELL AS GROWTH AND RETENTION OF COMPANIES ALREADY LOCATED HERE. MARKETING - MANAGE PROGRAMS THAT BUILD PUBLIC AWARENESS OF PALM BEACH COUNTY AS A GLOBALLY COMPETITIVE BUSINESS LOCATION. DEVELOP NATIONAL AND INTERNATIONAL MEDIA CAMPAIGNS TO PROMOTE THE COUNTY TO CEO'S LOOKING TO RELOCATE OR EXPAND THEIR OPERATIONS. MEMBERSHIP DEVELOPMENT AND EVENTS - ENGAGE PALM BEACH COUNTY BUSINESS LEADERS IN MEMBERSHIP PROGRAMS AND EVENTS FOCUSED ON ECONOMIC DEVELOPMENT ISSUES. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 14 1 1 1 0 0 0 0 0 0 0 X 51 49 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X KELLY SMALLRIDGE 5618351008 310 EVERNIA STREET WEST PALM BEACH FL 33401 AMIT RASTOGI DIRECTOR 2.00 X 0 0 0 ART MENOR EX-OFFICIO 2.00 X 0 0 0 AVA L PARKER EX-OFFICIO 2.00 X 0 0 0 BENJAMIN BOYNTON DIRECTOR 2.00 X 0 0 0 BOBBY D'ANGELO DIRECTOR 2.00 X 0 0 0 BRENDAN LYNCH DIRECTOR 2.00 X 0 0 0 BRIAN SEYMOUR CHAIR 2.00 1.00 X X 0 0 0 CAREY O'DONNELL DIRECTOR 2.00 X 0 0 0 COLONEL ANTONIO ARAUJO DIRECTOR 2.00 X 0 0 0 CRESSMAN BRONSON DIRECTOR 2.00 X 0 0 0 DAN CANE DIRECTOR 2.00 X 0 0 0 DAVID NICHOLSON DIRECTOR 2.00 X 0 0 0 DEANA PIZZO DIRECTOR 2.00 X 0 0 0 DESMOND GREENE DIRECTOR 2.00 X 0 0 0 DON KISELEWSKI DIRECTOR 2.00 X 0 0 0 DONIA A ROBERTS DIRECTOR 2.00 X 0 0 0 ERICK STRATI DIRECTOR 2.00 X 0 0 0 FABIOLA BRUMLEY DIRECTOR 2.00 X 0 0 0 FRANCISCO GONZALEZ DIRECTOR 2.00 X 0 0 0 FRANK COMPIANI DIRECTOR 2.00 X 0 0 0 GEORGE ELMORE DIRECTORS 2.00 X 0 0 0 GEORGE GENTILE DIRECTOR 2.00 X 0 0 0 GINA MELBY DIRECTOR 2.00 X 0 0 0 GORDON SPRINGMYER DIRECTOR 2.00 X 0 0 0 GRASFORD W SMITH DIRECTOR 2.00 X 0 0 0 HARVEY OYER PAST CHAIR 2.00 X 0 0 0 JAKE GELEERD DIRECTOR 2.00 X 0 0 0 JOE JACOBS DIRECTOR 2.00 X 0 0 0 JUAN TAGLE TREASURER 2.00 1.00 X X 0 0 0 JULIA DATTOLO EX-OFFICIO 2.00 X 0 0 0 KEITH SPINA DIRECTOR 2.00 X 0 0 0 KEITH WEDGWORTH DIRECTOR 2.00 X 0 0 0 KEN HIMMEL DIRECTOR 2.00 X 0 0 0 KEN KAHN DIRECTOR 2.00 X 0 0 0 KENNETH R KENNERLY DIRECTOR 2.00 X 0 0 0 KYLE GOEBEL DIRECTOR 2.00 X 0 0 0 MARIA SACHS DIRECTOR 2.00 X 0 0 0 MARK BELLISSIMO DIRECTOR 2.00 X 0 0 0 MARTY CASS DIRECTOR 2.00 X 0 0 0 MATTHEW ENOCHS DIRECTOR 2.00 X 0 0 0 MICHAEL BURKE EX-OFFICIO 2.00 X 0 0 0 MICHAEL KOHNER DIRECTOR 2.00 X 0 0 0 MICHAEL PRINCE VICE CHAIR 2.00 1.00 X X 0 0 0 MICHELLE MCGOVERN SECRETARY 2.00 1.00 X X 0 0 0 MITCHELL HARRIS DIRECTOR 2.00 X 0 0 0 MUKANG CHO DIRECTOR 2.00 X 0 0 0 NEIL MERIN DIRECTOR 2.00 X 0 0 0 NOREEN PAYNE DIRECTOR 2.00 X 0 0 0 PAM TAHAN DIRECTOR 2.00 X 0 0 0 PEPE FANJUL JR DIRECTOR 2.00 X 0 0 0 RICHARD BERNSTEIN DIRECTOR 2.00 X 0 0 0 RICHARD RENDINA DIRECTOR 2.00 X 0 0 0 VARISA LALL DASS DIRECTOR 2.00 X 0 0 0 KELLY L SMALLRIDGE PRESIDENT & CEO 40.00 1.00 X 453846 0 19731 LISA M ANDERSON VP OF PRIVATE FUNDING 40.00 X 156157 0 9761 GARY S HINES SENIOR VP OF ADMINISTRATIO 40.00 X 111677 0 3587 KRISTEN M BOYD VP OF ECONOMIC DEVELOPMENT 40.00 X 109237 0 1300 TIMOTHY M DOUGHER VP OF BUSINESS RECRUITEMEN 40.00 X 126817 0 0 957734 0 34379 5 0 1 0 0 1740249 1740249 CONTRACT REVENUE 561499 1431470 1431470 OTHER REVENUE 561499 76 76 1431546 71421 71421 791526 926391 -134865 -134865 ADVERTISING INCOME 513120 205667 205667 205667 3314018 1431546 205667 -63444 X 680502 1001491 51726 166562 101839 42863 69915 215835 8368 111432 88095 39449 184532 32152 MAGAZINE PUBLICATION 195284 EQUIPMENT/MAINTENANCE 100894 CREDIT CARD CHARGES 32332 PROFESSIONAL DUES & MEM 9453 7279 3140003 2272221 2184658 119289 119288 112050 234136 3148157 1994084 1316360 1154073 48867 4176 3868787 3696331 48599 255125 3453 54629 765471 205989 817523 515743 X 3051264 3180588 3051264 3180588 3868787 3696331 X 174015 -44691 X 0 1 X 1 0 187427 187427 1272575 660149 612426 970495 746218 224277 639311 564212 75099 78349 23505 54844 1154073 X 4285409 45000 45000 4240409 -926391 -926391 3314018 4133013 993010 993010 3140003 0 3140003 PART X, LINE 2: THE BDB AND FOUNDATION ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) AND SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, RESPECTIVELY; HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSES ARE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIATION, AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCOME ALLOCATED TO BUSINESS DEVELOPMENT BOARD FOUNDATION 45,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -926,391. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES ALLOCATED TO BUSINESS DEVELOPMENT BOARD FOUNDATION 66,619. SPECIAL EVENT EXPENSES 926,391. GALA 2023 482620 482620 321491 65 30013 93634 GOLF TOURNAMENT 88271 88271 18459 66807 2544 15 220635 220635 347758 5642 18981 20996 791526 791526 18459 736056 5707 48994 117174 926390 -134864 X 0 0 0 KELLY L SMALLRIDGE PRESIDENT & CEO 328846 0 125000 0 0 0 0 0 19731 0 473577 0 0 0 LISA M ANDERSON VP OF PRIVATE FUNDING 106275 0 14000 0 35882 0 0 0 9761 0 165918 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS WAS PROVIDED A DRAFT COPY OF THE FORM 990 FOR REVIEW PRIOR TO THE FILING OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR DIRECTORS PARTICIPATE IN A BOARD ORIENTATION AND A MANUAL IS GIVEN TO THE BOARD OF DIRECTORS TO REVIEW AND SIGN. VENDORS USED ARE CONSISTENTLY MONITORED ON A REGULAR BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S SALARY IS SET BY THE EXECUTIVE COMMITTEE BASED UPON GOALS OUTLINED IN THE MANUAL STRATEGIC PLAN. THE CEO SETS THE SALARY FOR THE ENTIRE STAFF AND THE EXECUTIVE COMMITTEE APPROVES THESE AMOUNTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E POSTAGE 7,220. MISCELLANEOUS 59. FORM 990, PART XI, LINE 9: CHANGE IN FMV OF INTEREST RATE SWAP -44,691. BUSINESS DEVELOPMENT BOARD FOUNDATION OF PALM BEACH COUNTY INC 310 EVERNIA STREET WEST PALM BEACH FL 33401 320549892 PRIVATE FOUNDATION FL 501(C)(3) PF 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 BUSINESS DEVELOPMENT BOARD FOUNDATION OF PALM BEACH COUNTY N 0 ACTUAL COST BUSINESS DEVELOPMENT BOARD FOUNDATION OF PALM BEACH COUNTY O 0 ACTUAL COST