Form 990 for tax year 2022

Filed by TAMPA BAY UNITED INC.

Totals

Total revenue: $3,704,682
Total expenses: $3,727,780
Contributions and grants received: $202,764
Grants paid: $0
Program service revenue: $3,496,811
Investment income: $1,571
Other revenue: $3,536
Total assets, end of year: $1,517,211
Total liabilities, end of year: $912,630
Net assets or fund balances, end of year: $604,581
Program services expenses (Part IX): $3,012,988
Management and general expenses: $659,238
Fundraising expenses: $55,554
Program service expenses (Part III): $3,012,988

Program services were 80.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

1f · All other contributions, gifts and grants

$202,764
2a · Program service revenue: Registration fees

total $2,982,475 · related or exempt $2,982,475
2b · Program service revenue: Tournaments

total $259,512 · related or exempt $259,512
2c · Program service revenue: Player assessments

total $208,060 · related or exempt $208,060
2d · Program service revenue: Field usage and other

total $46,764 · related or exempt $46,764
3 · Investment income

total $1,571 · excluded $1,571
10a · Gross sales of inventory

$10,574
10b · Cost of goods sold

$7,038
10c · Net income from sales of inventory

total $3,536 · related or exempt $3,536

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $180,263 · program services $36,417 · management and general $120,175 · fundraising $23,671
7 · Other salaries and wages

total $1,261,006 · program services $1,103,271 · management and general $130,503 · fundraising $27,232
8 · Pension plan contributions

total $3,770 · program services $2,981 · management and general $656 · fundraising $133
9 · Other employee benefits

total $15,844 · program services $12,529 · management and general $2,756 · fundraising $559
10 · Payroll taxes

total $112,088 · program services $88,634 · management and general $19,495 · fundraising $3,959
11b · Fees: legal

total $115 · management and general $115
11c · Fees: accounting

total $94,950 · management and general $94,950
11g · Fees: other

total $43,427 · program services $5,000 · management and general $38,427
12 · Advertising and promotion

total $164,807 · program services $60,584 · management and general $104,223
13 · Office expenses

total $91,160 · management and general $91,160
14 · Information technology

total $8,440 · management and general $8,440
16 · Occupancy

total $39,970 · management and general $39,970
17 · Travel

total $24,266 · program services $23,111 · management and general $1,155
23 · Insurance

total $7,213 · management and general $7,213
24a · Other expenses: Coaching fees

total $628,463 · program services $628,463
24b · Other expenses: Tournament/camp expense

total $460,972 · program services $460,972
24c · Other expenses: Field maintenance

total $288,051 · program services $288,051
24d · Other expenses: League/tournament fees

total $215,632 · program services $215,632
24e · All other expenses

total $87,343 · program services $87,343

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $1,241,979 · end of year $743,246
2 · Savings and temporary cash investments

end of year $690,425
3 · Pledges and grants receivable

beginning of year $56,076 · end of year $12,076
4 · Accounts receivable

beginning of year $25,581 · end of year $25,434
8 · Inventories for sale or use

beginning of year $2,921 · end of year $2,921
9 · Prepaid expenses and deferred charges

beginning of year $7,099 · end of year $5,000
15 · Other assets

beginning of year $1,736 · end of year $38,109
17 · Accounts payable and accrued expenses

beginning of year $206,259 · end of year $261,365
19 · Deferred revenue

beginning of year $471,249 · end of year $651,265
27 · Net assets without donor restrictions

beginning of year $619,916 · end of year $604,581
28 · Net assets with donor restrictions

beginning of year $37,968 · end of year $0

Mission and programs · 2022

Mission

See Schedule O.The mission of Tampa Bay United Soccer Club is to create an environment that maximizes the holistic development of the athlete through our values of Integrity, Commitment, Respect, Adaptability, Passion, and Creativity. We strive to achieve excellence in developing confident players who can compete at various levels while supporting each individual's long-term goals.

Activities or mission (Part I)

To provide soccer development opportunities for youth through the adult levels.

Tampa Bay United's Competitive Program is one of the most successful in Florida. The club offers professional coaching and training for boys and girls ages U11 to U19 and our over-19 leagues. Over 1,600 youth players participated in the competitive soccer program whose teams participated in various competitive leagues and numerous tournaments in and out of state. Competitive teams are assigned experienced coaches to develop players' ball skills and knowledge of how to play as a team.

Expenses $1,912,821 · Revenue $2,222,225
The recreational program was developed to provide a fun program that allows kids to learn in a safe and organized environment. We strive to provide an environment for young kids to develop into strong, confident athletes with lifelong memories of positive and fun experiencesover 1,500 youth players whose teams participated in in-house or traveling recreational leagues. The recreational program has three seasons: fall, winter, and spring.

Expenses $496,881 · Revenue $577,253
Tampa Bay United organized and hosted three competitive soccer tournaments as well as training camps for players throughout the year, hosting more than 250 teams.

Expenses $603,286 · Revenue $700,869

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

David Christensen

Chair

Total calculated

$0

Hours/week

5
Kenneth Stanley

Vice Chair

Total calculated

$0

Hours/week

1
Mark Sakalosky

Treasurer

Total calculated

$0

Hours/week

2
David Doney

Director

Total calculated

$0

Hours/week

1
Darren Miller

Director

Total calculated

$0

Hours/week

1
Carl Tremonti

Director

Total calculated

$0

Hours/week

1
Anthony Latronica

Executive Director

Total calculated

$196,225

From this org

$196,225

From related orgs

$0

Other

$0

Hours/week

40

Schedule J breakdown matched by us

Base

$165,000

Bonus

$30,000

Other

$1,225

Deferred

$0

Nontaxable benefits

$0

Filer's total

$196,225
Eric Sims

COO thru 2/2023

Total calculated

$108,001

From this org

$108,001

From related orgs

$0

Other

$0

Hours/week

40
Brian Johnson

Boys Sporting Director

Total calculated

$117,917

From this org

$117,917

From related orgs

$0

Other

$0

Hours/week

40
Patricia Taliaferro

Girls Sporting Director

Total calculated

$117,334

From this org

$113,609

From related orgs

$0

Other

$3,725

Hours/week

40

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

3 · Compensation committee
3 · Form 990 of other organizations
3 · Written employment contract
3 · Compensation survey or study
3 · Approval by the board or compensation committee
7 · Other non-fixed payments

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 7: The bonus for Anthony Latronica, Executive Director, is contractual and based on goals set for the year by the board of directors. The board reviews the Executive Director's performance and determines and approves the bonus amount.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

TBU USL2 LLC

To hold franchise agreement for USL league teams · FL · income $50,003 · assets $9,411

Directly controlled by Tampa Bay United Inc

Provenance

Return type: form_990
Tax year: 2022
Filed: 17 April 2024
IRS schema version: 2022v5.0
Source object: 202431089349301228

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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