GREATER MIAMI CONVENTION & VISITORS

EIN: 592383735

MIAMI, FL

Total Revenue
$51,752,408
Total Expenses
$49,002,742
Total Assets
$59,667,725
Net Assets
$42,509,598
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
FL
Principal Officer
DAVID WHITAKER
Phone
3055393032
Tax Period
2023-10-01 to 2024-09-30

GREATER MIAMI CONVENTION & VISITORS, founded in 1983, is a mid-sized nonprofit that reported $51.8M in total revenue in fiscal year 2023. Expenses of $49.0M left a modest 5% surplus.

Mission

TO PROMOTE GREATER MIAMI AND MIAMI BEACH AS A VISITORS DESTINATION FOR BUSINESS OR LEISURE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $46,569,696
Program Service Revenue $3,820,394
Investment Income $1,362,318
Other Revenue $0
TOTAL REVENUE $51,752,408

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,846,359
Fundraising Expenses $0
Other Expenses $36,156,383
TOTAL EXPENSES $49,002,742

Year-over-Year Comparison

2023 2022 Change
Revenue $51,752,408 $50,321,618 +0.0%
Expenses $49,002,742 $46,388,774 +0.1%
Net Income $2,749,666 $3,932,844 -0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
49
Independent Members
49
Employees
77
Volunteers
38

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$1,641,554
Total Directors
56
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULISSA KEPNER EXEC. COMMITTEE - CHAIR OF THE BOARD 1.00
Director
$0 $0 $0
GENE PRESCOTT EXEC. COMMITTEE - CHAIR EMERITUS 1.00
Director
$0 $0 $0
BRUCE OROSZ EXEC. COMMITTEE - IMMEDIATE PAST CHAIR 1.00
Director
$0 $0 $0
MUTLUHAN KUCUK EXEC. COMMITTEE - CONVENTION SALES COMMITTEE CHAIR 1.00
Director
$0 $0 $0
ANTHONY BRUNSON EXEC. COMMITTEE - FINANCE & AUDIT COMMITTEE CHAIR 1.00
Director
$0 $0 $0
SUZETTE ESPINSOA FUENTES EXEC. COMMITTEE - MARKETING & TOURISM COMMITTE 1.00
Director
$0 $0 $0
YVETTE HARRIS EXEC. COMMITTEE - MULTICULTURAL TOURISM & DEVEP. 1.00
Director
$0 $0 $0
CHRISTINE VALLS EXEC. COMMITTEE - NOMINATING COMMITTEE CHAIR 1.00
Director
$0 $0 $0
LAURA DOMINGUEZ EXEC. COMMITTEE - AT LARGE 1.00
Director
$0 $0 $0
FRANCESCA COVEY EXEC. COMMITTEE - AT LARGE 1.00
Director
$0 $0 $0
ERIC CARPENTER EXEC. COMMITTEE - AT LARGE 1.00
Director
$0 $0 $0
RICHARD FAIN PAST CHAIRS 1.00
Director
$0 $0 $0
STEVEN HAAS PAST CHAIRS 1.00
Director
$0 $0 $0
ADOLFO HENRIQUES PAST CHAIRS 1.00
Director
$0 $0 $0
THOMAS F HEWITT PAST CHAIRS 1.00
Director
$0 $0 $0
DONALD E LEFTON PAST CHAIRS 1.00
Director
$0 $0 $0
R DONAHUE PEEBLES PAST CHAIRS 1.00
Director
$0 $0 $0
CHRISTOPHER PERKS PAST CHAIRS 1.00
Director
$0 $0 $0
MARIA SASTRE PAST CHAIRS 1.00
Director
$0 $0 $0
STEPHEN SONNABEND PAST CHAIRS 1.00
Director
$0 $0 $0
AUSTIN BAGWELL BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
RODNEY BARRETO BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
RICK BEASLEY BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
AMIR BLATTNER BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
WAYNE BRACKIN BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
SILVIA CAMAROTA BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
MICHAEL CHENG PHD CHE BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
TERESA FOXX BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
EDUARDO JOSE GARCIA JR BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
KEON HARDEMON BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
MARLON HILL BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
CHRISTINE KING BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
RAUL LEAL BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
JUAN CARLOS LISCANO BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
PAUL LOWENTHAL BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
NAVIN MAHTANI BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
CAROLINE O'CONNOR BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
FREDDIE PETERSON BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
MYLES PISTORIUS BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
JONATHAN PLUTZIK BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
ERIC POMS BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
OLGA RAMUDO BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
CHRIS ROLLINS BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
GRISETTE ROQUE-MARCOS BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
LEE SCHRAGER BOARD OF DIRECTORS 1.00
Director
$0 $0 $0
STEVE ADKINS EX-OFFICIO 1.00
Director
$0 $0 $0
RALPH CUTIE EX-OFFICIO 1.00
Director
$0 $0 $0
SEAN FLETCHER EX-OFFICIO 1.00
Director
$0 $0 $0
JORGE GONZALEZ EX-OFFICIO 1.00
Director
$0 $0 $0
WENDY KALLERGIS EX-OFFICIO 1.00
Director
$0 $0 $0
ERIC KNOWLES EX-OFFICIO 1.00
Director
$0 $0 $0
LILIAM LOPEZ EX-OFFICIO 1.00
Director
$0 $0 $0
IBIS ROMERO EX-OFFICIO 1.00
Director
$0 $0 $0
ALFRED SANCHEZ EX-OFFICIO 1.00
Director
$0 $0 $0
MARK TROWBRIDGE EX-OFFICIO 1.00
Director
$0 $0 $0
HYDI WEBB EX-OFFICIO 1.00
Director
$0 $0 $0
DAVID WHITAKER PRESIDENT/CEO 37.50
Officer
$446,839 $127,502 $574,341
ROLANDO AEDO COO 37.50
Officer
$399,616 $158,698 $558,314
JOSEPH YARZABAL CFO 37.50
Officer
$355,819 $153,080 $508,899
CAROL MOTLEY SVP CONVENTION SALES 37.50
Highest
$313,420 $73,744 $387,164
DONNA DEL GALLO SR. REGIONAL DIRECTOR 37.50
Highest
$187,402 $70,239 $257,641
ALEJANDRO BATISTA VP CONVENTION SALES 37.50
Highest
$259,217 $97,367 $356,584
GISELA MARTI SVP MKTG & TOURISM 37.50
Highest
$263,609 $86,385 $349,994
CONNIE KINNARD SVP MULTICULTURAL TOURISM 37.50
Highest
$268,628 $66,091 $334,719
ALVIN L WEST FORMER OFFICER (THRU 12/2023) 37.50
$437,276 $35,310 $472,586
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $51,752,408 $49,002,742 $59,667,725 $2,749,666
2024 $51,752,408 $49,002,742 $59,667,725 $2,749,666
2023 $50,321,618 $46,388,774 $46,928,569 $3,932,844
2022 $48,025,666 $36,285,789 $41,421,226 $11,739,877
2021 $32,926,540 $28,901,678 $31,705,005 $4,024,862
2020 $26,319,264 $28,238,588 $23,032,290 $-1,919,324
2019 $36,056,115 $35,245,510 $25,323,480 $810,605
2018 $35,613,037 $34,062,248 $25,334,038 $1,550,789
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