Nonprofit · EIN 45-4006592
BRADENTON AREA ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · BRADENTON, FL 34207
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,252,175 | $1,063,837 | $188,338 | $2,126,252 | $152,519 | $1,973,733 |
| December 31, 2023 | 990 | $989,048 | $997,884 | -$8,836 | $1,884,122 | $172,784 | $1,711,338 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $581,219
- of which government grants
- $537,569
- Program service revenue
- $523,737
- Investment income
- $84,072
- Net gain from sales of assets
- $26,382
- Net income from fundraising events
- $61,147
- Other revenue
- $63,147
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $258,437
- Other salaries and wages
- $358,796
- Salaries, compensation and benefits (total)
- $704,407
- Professional fundraising fees
- $0
- Accounting fees
- $53,031
- Occupancy
- $44,226
- Depreciation
- $5,929
Balance sheet and other
- Total assets, start of year
- $1,884,122
- Total assets, end of year
- $2,126,252
- Total liabilities, end of year
- $152,519
- Net assets, end of year
- $1,973,733
- Land, buildings and equipment
- $3,012
- Publicly traded securities
- $1,585,429
- Net assets without donor restrictions
- $1,973,733
- Gross receipts
- $1,592,722
- Employees
- 7
- Volunteers
- 54
- Year formed
- 2011
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHARON HILLSTROM | PRESIDENT & CEO Officer | 40 | $251,576 | $6,861 |
| DR KAREN HOLBROOK | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| BEN HANAN | PAST CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| ANDY STULTZ | CHAIR-ELECT Trustee or director, Officer | 5 | $0 | $0 |
| CHRIS CIANFAGLIONE | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| PATRICK DEL MEDICO | TRUSTEE Trustee or director | 5 | $0 | $0 |
| ANDY GUZ | TRUSTEE Trustee or director | 5 | $0 | $0 |
| ANNE ROLLINGS | TRUSTEE Trustee or director | 5 | $0 | $0 |
| LAURA COLE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| TOMMY GREGORY | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DEVANEY IGLESIAS | TRUSTEE Trustee or director | 5 | $0 | $0 |
| CHRIS PENNEWILL | TRUSTEE Trustee or director | 5 | $0 | $0 |
| RICK PICCOLO | TRUSTEE Trustee or director | 5 | $0 | $0 |
| LESLEY BARRE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| CHRIS CIACCIO | TRUSTEE Trustee or director | 5 | $0 | $0 |
40 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MELVIN PRICE | TRUSTEE Trustee or director | 5 | $0 |
| JACKI DEZELSKI | TRUSTEE Trustee or director | 5 | $0 |
| CARLO FASSI | TRUSTEE Trustee or director | 5 | $0 |
| LARRY FINEBERG | TRUSTEE Trustee or director | 5 | $0 |
| STEVE HERRIG | TRUSTEE Trustee or director | 5 | $0 |
| TODD WILKINS | TRUSTEE Trustee or director | 5 | $0 |
| AMY EDWARDS | TRUSTEE Trustee or director | 5 | $0 |
| PHIL MISIURA | TRUSTEE Trustee or director | 5 | $0 |
| MIKE MOSCHELLA | TRUSTEE Trustee or director | 5 | $0 |
| CHARLIE MURPHY | TRUSTEE Trustee or director | 5 | $0 |
| TIM NOVAK | TRUSTEE Trustee or director | 5 | $0 |
| VAL PEREZ | TRUSTEE Trustee or director | 5 | $0 |
| FRANK SANTORA | TRUSTEE Trustee or director | 5 | $0 |
| MICHAEL SAUNDERS | TRUSTEE Trustee or director | 5 | $0 |
| APRIL SMITH | TRUSTEE Trustee or director | 5 | $0 |
| DORAS DAVILA | TRUSTEE Trustee or director | 5 | $0 |
| KELLY CARLSTEIN | TRUSTEE Trustee or director | 5 | $0 |
| RYAN MCINTYRE | TRUSTEE Trustee or director | 5 | $0 |
| BILL POULTON | TRUSTEE Trustee or director | 5 | $0 |
| MARK VENGROFF | TRUSTEE Trustee or director | 5 | $0 |
| ALLISON IMRE | TRUSTEE Trustee or director | 5 | $0 |
| PAIGE LEMAY | TRUSTEE Trustee or director | 5 | $0 |
| STEVE YOUNG | TRUSTEE Trustee or director | 5 | $0 |
| CRAIG WARZECHA | TRUSTEE Trustee or director | 5 | $0 |
| TERRY KINDER | TRUSTEE Trustee or director | 5 | $0 |
| BRITTANY LAMONT | TRUSTEE Trustee or director | 5 | $0 |
| GENE BROWN | TRUSTEE Trustee or director | 5 | $0 |
| SHIRLEY GROOVER BRYANT | TRUSTEE Trustee or director | 5 | $0 |
| COURTNEY DEPOL | TRUSTEE Trustee or director | 5 | $0 |
| DAN FITZ-PATRICK | TRUSTEE Trustee or director | 5 | $0 |
| JOSH MATLOCK | TRUSTEE Trustee or director | 5 | $0 |
| MIKE RAHN | TRUSTEE Trustee or director | 5 | $0 |
| DOUG WAGNER | TRUSTEE Trustee or director | 5 | $0 |
| DEBRA WILLIAMS | TRUSTEE Trustee or director | 5 | $0 |
| DR JASON WYSONG | TRUSTEE Trustee or director | 5 | $0 |
| AMANDA PARRISH | TRUSTEE Trustee or director | 5 | $0 |
| RYNE JOHNSON | TRUSTEE Trustee or director | 5 | $0 |
| ROBBIE GRONBACH | TRUSTEE Trustee or director | 5 | $0 |
| JAG GREWAL | TRUSTEE Trustee or director | 5 | $0 |
| CHARLIE WALL | TRUSTEE Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 55 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHARON HILLSTROM | PRESIDENT & CEO Officer | 40 | $236,217 | $13,643 |
| BEN HANAN | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| DR KAREN HOLBROOK | CHAIR-ELECT Trustee or director, Officer | 5 | $0 | $0 |
| CHRIS CIANFAGLIONE | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| NATHAN BAILEY | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| DAVID SESSIONS | PAST CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| ALLISON IMRE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| ANDY GUZ | TRUSTEE Trustee or director | 5 | $0 | $0 |
| ANDY STULTZ | TRUSTEE Trustee or director | 5 | $0 | $0 |
| ANNE ROLLINGS | TRUSTEE Trustee or director | 5 | $0 | $0 |
| APRIL SMITH | TRUSTEE Trustee or director | 5 | $0 | $0 |
| BRITTANY LAMONT | TRUSTEE Trustee or director | 5 | $0 | $0 |
| BYRON SHINN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| CAMERON KOLESA | TRUSTEE Trustee or director | 5 | $0 | $0 |
| CARLO FASSI | TRUSTEE Trustee or director | 5 | $0 | $0 |
| CHARLIE BISHOP | TRUSTEE Trustee or director | 5 | $0 | $0 |
| CHARLIE MURPHY | TRUSTEE Trustee or director | 5 | $0 | $0 |
| CHARLIE WALL | TRUSTEE Trustee or director | 5 | $0 | $0 |
| CHE BARNETT | TRUSTEE Trustee or director | 5 | $0 | $0 |
| CHRIS CIACCIO | TRUSTEE Trustee or director | 5 | $0 | $0 |
| CHRIS PENNEWILL | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DAN FITZ-PATRICK | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DEAN PICCIRILLO | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DEBRA WILLIAMS | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DEVANEY IGLESIAS | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DOUG WAGNER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DR CAROL PROBSTFELD | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DR JASON WYSONG | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DR WILLIAM COLGATE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| FRANK SANTORA | TRUSTEE Trustee or director | 5 | $0 | $0 |
| GENE BROWN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| GREG WITT | TRUSTEE Trustee or director | 5 | $0 | $0 |
| JACKI DEZELSKI | TRUSTEE Trustee or director | 5 | $0 | $0 |
| JAG GREWAL | TRUSTEE Trustee or director | 5 | $0 | $0 |
| JOSH MATLOCK | TRUSTEE Trustee or director | 5 | $0 | $0 |
| LARRY FINEBERG | TRUSTEE Trustee or director | 5 | $0 | $0 |
| LAURA COLE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| LESLEY BARRE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MARK VENGROFF | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MAX BOSSO | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MICHAEL SAUNDERS | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MIKE MOSCHELLA | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MIKE RAHN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| NICOLE PARKER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| PATRICK DEL MEDICO | TRUSTEE Trustee or director | 5 | $0 | $0 |
| PETER SKOKOS | TRUSTEE Trustee or director | 5 | $0 | $0 |
| PHIL MISIURA | TRUSTEE Trustee or director | 5 | $0 | $0 |
| RICK PICCOLO | TRUSTEE Trustee or director | 5 | $0 | $0 |
| RYAN MCINTYRE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| SHIRLEY GROOVER BRYANT | TRUSTEE Trustee or director | 5 | $0 | $0 |
| STEPHEN RACINE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| STEVE HERRIG | TRUSTEE Trustee or director | 5 | $0 | $0 |
| TERRY KINDER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| TIM NOVAK | TRUSTEE Trustee or director | 5 | $0 | $0 |
| VERONICA THAMES | TRUSTEE Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5840 26TH ST W BLDG 8 SUITE 232, BRADENTON, FL 34207-3522
- Principal officer (990 for 2024)
- SHARON L HILLSTROM, 5840 26TH ST W BLDG 8 SUITE 232, BRADENTON, FL 34207
- Signed the 990
- SHARON L HILLSTROM, PRESIDENT & CEO
- Phone
- (941) 803-9031
- Website
- WWW.BRADENTONAREAEDC.COM
- Return prepared by
- MAULDIN & JENKINS LLC
Mission
THE BRADENTON AREA EDC WORKS TO DIVERSIFY THE LOCAL ECONOMY BY ATTRACTING AND RETAINING HIGH-WAGE JOBS FOR AREA RESIDENTS, AND CONNECTING ESTABLISHED BUSINESSES TO THE RESOURCES THEY NEED TO SUCCEED.
Program accomplishments
- BUSINESS RETENTION/EXPANSION: TO RETAIN EXISTING HIGH-IMPACT BUSINESSES IN MANATEE COUNTY FLORIDA BY ASSISTING WITH FACILITY EXPANSIONS, WORKFORCE ISSUES, CONNECTIONS TO GRANTS, INCENTIVES, INFORMATION RESOURCES AND INTERNATIONAL TRADE.
- BUSINESS RETENTION/EXPANSION: 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.
- 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.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Check at the IRS |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-4006592
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $2,266,090
- Income (IRS master file)
- $1,888,458
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,252,175 | $1,063,837 | $2,126,252 | XML |
| 990 | December 2023 | $989,048 | $997,884 | $1,884,122 | XML |
| 990 | December 2022 | $292,436 | $296,653 | $2,183,708 | IRS |
| 990 | September 2022 | $1,123,700 | $966,805 | $1,802,772 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-4006592).
Questions about BRADENTON AREA ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of BRADENTON AREA ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of BRADENTON AREA ECONOMIC DEVELOPMENT CORPORATION is 45-4006592.
- Is BRADENTON AREA ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2012.
- Are donations to BRADENTON AREA ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BRADENTON AREA ECONOMIC DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BRADENTON AREA ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BRADENTON AREA ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BRADENTON AREA ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names SHARON L HILLSTROM.
- Who are the officers and directors of BRADENTON AREA ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 55 people; 1 received compensation from the organization, the highest $251,576 (SHARON HILLSTROM, PRESIDENT & CEO).
- How much revenue does BRADENTON AREA ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,252,175, expenses of $1,063,837 and total assets of $2,126,252 at year end.
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