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Nonprofiteer
← ORLANDO ECONOMIC PARTNERSHIP INC

Form 990 for tax year 2024

Filed by ORLANDO ECONOMIC PARTNERSHIP INC.

Totals

Total revenue
$10,114,041
Total expenses
$10,430,123
Contributions and grants received
$5,572,000
Grants paid
$0
Program service revenue
$4,542,041
Investment income
$0
Other revenue
$0
Total assets, end of year
$9,913,899
Total liabilities, end of year
$5,221,614
Net assets or fund balances, end of year
$4,692,285
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $5,572,000

  • 2a · Program service revenue: GOVERNMENT GRANTS

    total $3,456,819 · related or exempt $3,456,819

  • 2b · Program service revenue: SPONSORSHIP REVENUE

    total $1,085,222 · excluded $1,085,222

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,732,794

  • 7 · Other salaries and wages

    total $3,180,271

  • 8 · Pension plan contributions

    total $143,476

  • 9 · Other employee benefits

    total $172,639

  • 10 · Payroll taxes

    total $741,777

  • 11c · Fees: accounting

    total $100,742

  • 11g · Fees: other

    total $812,866

  • 12 · Advertising and promotion

    total $520,495

  • 13 · Office expenses

    total $50,383

  • 14 · Information technology

    total $677,810

  • 16 · Occupancy

    total $51,034

  • 17 · Travel

    total $486,587

  • 19 · Conferences, conventions and meetings

    total $144,689

  • 20 · Interest

    total $59,632

  • 22 · Depreciation, depletion and amortization

    total $844,706

  • 23 · Insurance

    total $49,631

  • 24a · Other expenses: RENEWAL BAD DEBT

    total $425,623

  • 24b · Other expenses: MISCELLANEOUS EXPENSE

    total $105,614

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $76,964

  • 24d · Other expenses: REPAIRS & MAINTENANCE

    total $30,402

  • 24e · All other expenses

    total $21,988

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,784,530 · end of year $1,988,480

  • 4 · Accounts receivable

    beginning of year $503,762 · end of year $856,069

  • 9 · Prepaid expenses and deferred charges

    beginning of year $209,153 · end of year $250,342

  • 10a · Land, buildings and equipment: cost or other basis

    $3,227,459

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,180,073

  • 10c · Land, buildings and equipment, net

    beginning of year $2,338,995 · end of year $2,047,386

  • 15 · Other assets

    beginning of year $5,489,111 · end of year $4,771,622

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,198,145 · end of year $1,468,442

  • 19 · Deferred revenue

    beginning of year $252,500 · end of year $348,625

  • 25 · Other liabilities

    beginning of year $3,866,539 · end of year $3,404,547

  • 27 · Net assets without donor restrictions

    beginning of year $5,008,367 · end of year $4,692,285

Mission and programs · 2024

Mission

THE OEP IS THE ORLANDO REGION'S CHAMPION FOR ECONOMIC PROSPERITY, BRINGING TOGETHER LEADERS, INDUSTRIES, AND IDEAS TO EXPAND OPPORTUNITIES AND DRIVE INVESTMENT. OUR VISION IS TO BE THE NEXT GLOBAL CREATIVE CAPITAL.

Activities or mission (Part I)

ORLANDO ECONOMIC PARTNERSHIP, FORMERLY KNOWN AS ECONOMIC DEVELOPMENT COMMISSION OF MID-FLORIDA, INC., IS A NOT-FOR-PROFIT, PRIVATE/PUBLIC PARTNERSHIP SERVING THE METRO ORLANDO REGION - ORANGE, SEMINOLE, OSCEOLA, AND THE CITY OF ORLANDO. WE MARKET THE ORLANDO REGION WORLDWIDE AS A TOP LOCATION FOR BUSINESS IN ORDER TO ATTRACT, RETAIN AND GROW COMPANIES, JOBS AND CAPITAL INVESTMENT FOR THE REGION. IN ADDITION, WE WORK WITH LOCAL COMPANIES TO ASSIST THEM WITH EXPANSION PLANS AND OTHER BUSINESS CONCERNS. THE ORLANDO ECONOMIC PARTNERSHIP IS ALSO THE HOME TO THE ORLANDO FILM COMMISSION, WHICH MARKETS THE REGION AS A TOP PRODUCTION LOCATION.

  • ECONOMIC DEVELOPMENT: OUR ECONOMIC DEVELOPMENT STRATEGY DROVE ANOTHER STRONG CYCLE OF GROWTH, ACCELERATED JOB CREATION, ADVANCED SITE-READINESS ACROSS THE REGION, AND SECURED HIGH IMPACT BUSINESS EXPANSION WINS.

  • BY ALIGNING PUBLIC AND PRIVATE PARTNERS, WE TURNED STRATEGIC PRIORITIES INTO MEASURABLE RESULTS. WE DELIVERED CLEAR ROI FOR LOCAL GOVERNMENTS, AS NEW AND EXPANDING BUSINESS GENERATED THE TAX BASE AND SPENDING THAT FUEL PUBLIC SERVICES AND CREATE POWERFUL POSITIVE RIPPLE EFFECTS FELT THROUGHOUT ORLANDO'S ENTIRE REGIONAL ECONOMY. NEW JOBS: 2,533, CAPITAL INVESTMENT: $597.4M, LEADS: 300, PROJECTS: 21, AVERAGE WAGE: $65K.

  • RECORD LEVEL OF FOREIGN DIRECT INVESTMENT, 89 INTERNATIONAL LEADS, 12 DELEGATIONS HOSTED, 3 INTERNATIONAL MISSION TRIPS, DEDICATED PRESENCE IN TAIWAN FOR THE SEMI-CONDUCTOR INITIATIVE. LAUNCHED THE DEVELOPMENT INITIATIVE FOR REGIONAL TRANSFORMATION (DIRT) PROGRAM POWERED BY OUC- THE RELIABLE ONE. EVALUATED 132 SITES FOR DEVELOPMENT IN THE REGION, ENGAGED 67 COMMITTEE MEMBERS, LAUNCHED STUDY TO PREPARE HIGH-POTENTIAL SITES

As filed on the 2024 return.

Listed in Part VII

  • Timothy Giuliani

    PRESIDENT/CEO

    Total calculated
    $673,156
    From this org
    $609,401
    From related orgs
    $0
    Other
    $63,755
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $433,717
    Bonus
    $158,424
    Other
    $17,260
    Deferred
    $27,269
    Nontaxable benefits
    $36,486
    Filer's total
    $673,156
  • Scott Fagan

    CFO

    Total calculated
    $360,475
    From this org
    $308,668
    From related orgs
    $0
    Other
    $51,807
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $210,723
    Bonus
    $83,100
    Other
    $14,845
    Deferred
    $23,886
    Nontaxable benefits
    $27,921
    Filer's total
    $360,475
  • Danielle Permenter

    COO

    Total calculated
    $240,898
    From this org
    $191,380
    From related orgs
    $0
    Other
    $49,518
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $158,058
    Bonus
    $31,000
    Other
    $2,322
    Deferred
    $20,267
    Nontaxable benefits
    $29,251
    Filer's total
    $240,898
  • Tracey Stockwell

    DIRECTOR & CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Kimberly Marshall

    DIRECTOR & CHAIR ELECT

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Isaac Juarez

    DIRECTOR/VICE CHAIR FINANCE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Andrew Young

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Andy Gardiner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brandon Arrington

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Buddy Dyer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Captain Rob Betts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Casandra Matej

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Charlie Freeman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cliff Long

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dan Kirby

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Daryl Holt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dean Cannon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Derek Bruce

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Eddy Moratin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Edward Durkee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Elisha Gonzalez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Evan Wyant

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Georgia Lorenz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Glenn Adams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Greg Spencer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gregory Dryden

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jacob Horner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • James Adamczyk

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • James Etscorn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Janet Owen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Jarrod Dillan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jay Zembower

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jeff Buhler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Jeff Hayward

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jennifer Evins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jerry Demings

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jim Forrester

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Rivers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jonathan Perry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Juan Ouiroga

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kathleen Plinske

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kathy Ramsberger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kelly Cohen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lance Lyttle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lee Constantine

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Linda Ferrone

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lori Gustafson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lysa Barbano

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Maria Vazquez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michelle Maikisch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nicole Martz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Drayton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Sohl

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pedro Turushina

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rasesh Thakkar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rena Langley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Scott Wall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Shannon Gravitte

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Shawn Connell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Simon Choy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Stephen Mauldin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Steve Hogan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Tanisha Nunn Gary

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tanya Hill Eastering

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Visha Gupta

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Wendy Brandon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Wendy Terry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Yiorgos Bakamitsos

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Zach Sherman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Destin Wells

    SVP

    Total calculated
    $272,247
    From this org
    $233,976
    From related orgs
    $0
    Other
    $38,271
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $178,821
    Bonus
    $55,000
    Other
    $155
    Deferred
    $21,045
    Nontaxable benefits
    $17,226
    Filer's total
    $272,247
  • Laureen Trudell

    SVP - MARKETING & COMMUNICATIONS

    Total calculated
    $186,018
    From this org
    $150,017
    From related orgs
    $0
    Other
    $36,001
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $126,878
    Bonus
    $23,000
    Other
    $139
    Deferred
    $16,057
    Nontaxable benefits
    $19,944
    Filer's total
    $186,018
  • Neil Hamilton

    VP - MARKET INTELLIGENCE

    Total calculated
    $195,093
    From this org
    $149,130
    From related orgs
    $0
    Other
    $45,963
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $126,038
    Bonus
    $23,000
    Other
    $92
    Deferred
    $15,929
    Nontaxable benefits
    $30,034
    Filer's total
    $195,093
  • Crystal Sircy

    FORMER COO

    Total calculated
    $169,746
    From this org
    $146,633
    From related orgs
    $0
    Other
    $23,113
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $139,451
    Bonus
    $0
    Other
    $7,182
    Deferred
    $13,297
    Nontaxable benefits
    $9,816
    Filer's total
    $169,746
  • Nicholas Abrahams

    FORMER SVP - CORP ENG

    Total calculated
    $204,605
    From this org
    $165,821
    From related orgs
    $0
    Other
    $38,784
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $156,289
    Bonus
    $0
    Other
    $9,532
    Deferred
    $14,914
    Nontaxable benefits
    $23,870
    Filer's total
    $204,605

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 1A
THE CEO, CFO, COO, SVP - MARKETING & COMMUNICATIONS HAVE ACCESS TO THE CITRUS CLUB.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
24 June 2026
IRS schema version
2024v5.5
Source object
202611769349301806

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