Overview
What is Triumph Gulf Coast Inc?
Triumph Gulf Coast Inc is a nonprofit organization based in Tallahassee, Florida, established to manage and distribute funds from economic damages resulting from the 2010 Deepwater Horizon oil spill. The organization focuses on the recovery, diversification, and enhancement of the eight northwest Florida counties most affected by the spill: Escambia, Santa Rosa, Okaloosa, Walton, Bay, Gulf, Franklin, and Wakulla. Triumph Gulf Coast Inc administers grants to projects or programs that align with these priorities, including tax reduction within the affected counties, public infrastructure projects, local government equipment and personnel, and educational programs. Grants are also awarded for workforce development and promoting tourism. The organization's mission is to ensure these funds are utilized effectively for the economic benefit of the disproportionately affected areas.
Official website here: www.myfloridatriumph.com
Is Triumph Gulf Coast Inc legitimate?
Triumph Gulf Coast Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Triumph Gulf Coast 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 tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $97,734
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.myfloridatriumph.com
What is the mission statement of Triumph Gulf Coast Inc?
Triumph Gulf Coast Inc is a non-profit organization established to manage the distribution of funds recovered by the Florida Attorney General due to economic damages caused by the 2010 Deepwater Horizon oil spill. The organization's primary role is to oversee the expenditure of 75% of these funds, which are allocated for the recovery, diversification, and enhancement of eight North Florida counties disproportionately affected by the oil spill. These counties are Escambia, Santa Rosa, Okaloosa, Walton, Bay, Gulf, Franklin, and Wakulla. The mission of Triumph Gulf Coast Inc is to utilize these funds to restore, develop, and improve the affected areas, thus contributing to their long-term growth and resilience.
Official website here: www.myfloridatriumph.com
Who is the CEO of Triumph Gulf Coast Inc?
David M Bear is the Chair of Triumph Gulf Coast Inc.
Official website here: www.myfloridatriumph.com
What is the revenue of Triumph Gulf Coast Inc?
Triumph Gulf Coast Inc's revenue in 2022 was $85,000,000.
Official website here: www.myfloridatriumph.com
Who are the executives of Triumph Gulf Coast Inc and what are their salaries?
The average compensation at Triumph Gulf Coast Inc during 2022 was $97,734. There are 1 employees and 11 volunteers at Triumph Gulf Coast Inc.
Here are 8 key members and their salaries:
- Susan Skelton (Executive Director)
- David M Bear (Chair) [Trustee/Director]
- J Collier Merrill (Vice Chair) [Trustee/Director]
- Reynolds Henderson (Treasurer) [Trustee/Director]
- Bryan A Corr Sr (Board Member) [Trustee/Director]
- David L Humphreys (Board Member) [Trustee/Director]
- Jay Trumbull Sr (Board Member) [Trustee/Director]
- Leslie Weiss (Board Member) [Trustee/Director]
Official website here: www.myfloridatriumph.com
Where can I find the form 990 for Triumph Gulf Coast Inc?
The Triumph Gulf Coast Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.myfloridatriumph.com
Learn more at the official website: www.myfloridatriumph.com
Mission Statement of Triumph Gulf Coast Inc
Triumph Gulf Coast Inc, a nonprofit corporation, was established to manage the distribution of funds recovered by the Florida Attorney General for economic damages caused to the state by the 2010 Deepwater Horizon oil spill. The organization's primary objective is to allocate 75% of these funds towards the recovery, diversification, and enhancement of eight Northwest Florida counties disproportionately impacted by the oil spill. These counties are Escambia, Santa Rosa, Okaloosa, Walton, Bay, Gulf, Franklin, and Wakulla. By doing so, Triumph Gulf Coast Inc plays a vital role in helping these counties rebuild and recover from the economic devastation brought about by the environmental disaster.
Impact
This information is meant to be a general summary of Triumph Gulf Coast Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Triumph Gulf Coast Inc's impact can be seen in the significant support and investment it provides to the economic recovery, diversification, and enhancement of the eight Northwest Florida counties disproportionately affected by the 2010 Deepwater Horizon oil spill. By overseeing the distribution of funds recovered by the Florida Attorney General for economic damages, Triumph Gulf Coast Inc facilitates grants to projects and programs that align with the priorities of these counties. This includes funding for ad valorem tax rate reductions, local infrastructure projects, disaster response capabilities, workforce development programs, educational initiatives, and tourism promotion efforts. Through its activities, Triumph Gulf Coast Inc plays a crucial role in stimulating economic growth, creating sustainable job opportunities, and fostering resilience in communities impacted by environmental disasters.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2017
Phone
(850) 387-9405
Principal Officer
David M Bear
Main Address
PO BOX 12007, TALLAHASSEE, FL, 32317
Website
www.myfloridatriumph.com
NTEE Category
Code: C32 - Environment
If you are a representative of Triumph Gulf Coast 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.