Florida Tourism Industry Marketing Corp Inc

Visit Florida

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 593359293 ✦ Tallahassee, FL ✦ Designated as a 501(c)(6)

Overview

What is Florida Tourism Industry Marketing Corp Inc?

Florida Tourism Industry Marketing Corp Inc, also known as Visit Florida, is a nonprofit corporation based in Tallahassee, Florida. Their mission is to boost tourism in the state by expanding Florida's presence in the global travel market. They accomplish this through integrated marketing initiatives, including advertising, public relations, content development and distribution, sponsorship, digital marketing, and social media. These efforts have been highly successful, with Florida welcoming over 133 million visitors in FY 2021-22, contributing $101.9 billion to Florida's economy, and generating 1.7 million jobs. For every dollar the state invests in Visit Florida, $3.27 in tax revenue is returned. Their marketing efforts significantly influence the decision-making process for approximately 66% of visitors to Florida.


Official website here: www.visitflorida.org, www.visitflorida.com

Is Florida Tourism Industry Marketing Corp Inc legitimate?

Florida Tourism Industry Marketing Corp Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Florida Tourism Industry Marketing Corp Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $725,669
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,717,080

For more financial information, click here


Official website here: www.visitflorida.org, www.visitflorida.com

What is the mission statement of Florida Tourism Industry Marketing Corp Inc?

The Florida Tourism Industry Marketing Corp Inc aims to boost tourism to Florida by enhancing its presence in the global travel market. By doing so, the organization intends to maximize the economic impact of travel and tourism in Florida. To achieve this goal, they execute multichannel marketing initiatives, including advertising, public relations, content development, sponsorship, digital marketing, and social media. These efforts attracted 133.4 million visitors in the 2021-22 fiscal year, contributing $101.9 billion to Florida's economy, and generating $13.6 billion in state and local taxes, supporting 1.7 million jobs. Each 70 visitors to the state create one tourism job, and the organization's marketing efforts significantly influence 65.8% of visitors. Florida's economy benefits from an average of $279 million per day due to tourism, and for every dollar the state invests in the marketing corporation, it returns $3.27 in tax revenue.


Official website here: www.visitflorida.org, www.visitflorida.com

Who is the CEO of Florida Tourism Industry Marketing Corp Inc?

Shanna Pace is the Director of Florida Tourism Industry Marketing Corp Inc. The CEO's salary of Florida Tourism Industry Marketing Corp Inc is $176,097 and their total compensation is $214,876.


Official website here: www.visitflorida.org, www.visitflorida.com

What is the revenue of Florida Tourism Industry Marketing Corp Inc?

Florida Tourism Industry Marketing Corp Inc's revenue in 2022 was $89,864,645.


Official website here: www.visitflorida.org, www.visitflorida.com

Who are the executives of Florida Tourism Industry Marketing Corp Inc and what are their salaries?

The average compensation at Florida Tourism Industry Marketing Corp Inc during 2022 was $74,558. There are 73 employees and 31 volunteers at Florida Tourism Industry Marketing Corp Inc.

Here are 40 key members and their salaries (Florida Tourism Industry Marketing Corp Inc's CEO's salary is $176,097 and their total compensation is $214,876):

    Dana Young (President & Ceo)
  • Compensation: $176,097
  • Related: $0
  • Other: $38,779

    • Staci Mellman (Chief Marketing Officer)
  • Compensation: $169,737
  • Related: $0
  • Other: $12,117

    • Craig Thomas (Coo/General Counsel)
  • Compensation: $140,173
  • Related: $0
  • Other: $36,461

    • Meredith Dasilva (Vp Of Executive Operations And Administration)
  • Compensation: $136,779
  • Related: $0
  • Other: $36,088

    • David L Dodd (Vp Of Visitor Services)
  • Compensation: $135,198
  • Related: $0
  • Other: $36,097

    • Kevin Mcgeever (Senior Editor)
  • Compensation: $129,560
  • Related: $0
  • Other: $35,372

    • Shanna Pace (Cfo)
  • Compensation: $144,743
  • Related: $0
  • Other: $10,469

    • Meagan Chiamardas (Director Of Brand)
  • Compensation: $115,633
  • Related: $0
  • Other: $34,842

    • Lauren Pace (Director Of Global Marketing & Trade)
  • Compensation: $119,647
  • Related: $0
  • Other: $8,400

    • Andres Barry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Berthiaume (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jose Cil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Merry Coffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Cook (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bobby Cornwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Craighead (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ernesto Diaz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Dover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danny Gaekwad (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Virginia Haley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Malinda Horton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Lai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lino Maldonado (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Marshall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jesse Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Mayer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kerry Morrissey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Reese (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Rominiecki (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Rose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Rowe (Immediate Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angel Sarria (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Schmidt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Shalley (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Skrob (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheldon Suga (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Tolbert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Georgia Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chip Wile (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.visitflorida.org, www.visitflorida.com

    Where can I find the form 990 for Florida Tourism Industry Marketing Corp Inc?

    The Florida Tourism Industry Marketing Corp Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.visitflorida.org, www.visitflorida.com

    Learn more at the official website: www.visitflorida.org, www.visitflorida.com

    Mission Statement of Florida Tourism Industry Marketing Corp Inc

    Florida Tourism Industry Marketing Corp Inc, also known as Visit Florida, is a dynamic organization dedicated to promoting Florida as a top travel destination and maximizing the economic impact of tourism in the state. With a strategic focus on global markets, the corporation aims to attract a large number of visitors to Florida, generating substantial revenue and creating numerous jobs.

    Through various multi-channel marketing initiatives, Visit Florida reaches potential visitors both in the United States and internationally. These campaigns encompass advertising, public relations, content development and distribution, sponsorship, digital marketing, and social media. The success of these initiatives is evident in the impressive numbers generated by the tourism industry. Florida welcomed over 133 million visitors in FY 2021-22, making it a leading contributor to tax revenue and job creation in the state.

    Visitors to Florida contribute significantly to the economy, generating $101.9 billion in economic output in 2021. This substantial figure translates into $13.6 billion in state and local taxes and supports 1.7 million jobs. Moreover, visitors contribute an average of $279 million per day to Florida's economy. Every 70 visitors to the state support one tourism job. The impact of Visit Florida's marketing efforts on visitor spending, tax revenue, and job creation is undeniable. For every dollar the state invests in Visit Florida, $3.27 in tax revenue is returned. In FY 2021-22, 65.8% of visitors were significantly influenced by Visit Florida's marketing efforts. Through its various initiatives, the corporation plays a crucial role in driving economic growth and development in Florida.

    Impact

    This information is meant to be a general summary of Florida Tourism Industry Marketing Corp Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Florida Tourism Industry Marketing Corp Inc, through its efforts to promote visitation to Florida, has had a significant impact on the state's economy. In fiscal year 2021-22, the tourism industry in Florida welcomed 133.4 million visitors, making it one of the leading tax revenue and job producers in the state. Visitors contributed $101.9 billion to Florida's economy, generating $13.6 billion in state and local taxes and supporting 1.7 million jobs.

    The advertising initiatives of Florida Tourism Industry Marketing Corp Inc have played a crucial role in attracting visitors and increasing visitor spending, tax revenue, and job creation. For every $1 the state invests in Visit Florida, $3.27 in tax revenue is returned. The organization's marketing efforts significantly influence visitor decisions, with 65.8% of visitors in fiscal year 2021-22 being significantly influenced by Visit Florida's marketing initiatives.

    Overall, Florida Tourism Industry Marketing Corp Inc's work has not only boosted tourism in Florida but also had a ripple effect on the state's economy, contributing to job creation, tax revenue, and overall economic growth.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $33,852
  • Program Service Revenue: $14,263,649
  • Gross Receipts: $89,864,645

    • Assets and Liabilities:
  • Total Assets: $39,295,195
  • Total Liabilities: $24,698,236
  • Net Assets: $14,596,959
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ADVERTISING REVENUE

    Revenue

    $6,219,937

    COOP. ADVERTISING

    Revenue

    $4,938,792

    TRADE SHOWS & EVENTS

    Revenue

    $1,563,615

    MEMBERSHIP DUES & ASSESSMENTS

    Revenue

    $1,117,938

    WELCOME CENTER

    Revenue

    $229,478

    Organization Details

    Founding Year

    1995

    Principal Officer

    Shanna Pace

    Main Address

    101 N MONROE ST SUITE 900, TALLAHASSEE, FL, 32301

    NTEE Category

    Code: S33 - Community improvement

    If you are a representative of Florida Tourism Industry Marketing Corp Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.