ECONOMIC DEVELOPMENT COMMISSION OF FLORIDA'S SPACE COAST INC

EIN: 592946685

ROCKLEDGE, FL

Total Revenue
$2,757,950
Total Expenses
$2,369,914
Total Assets
$4,098,272
Net Assets
$3,268,710
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
FL
Principal Officer
LYNDA WEATHERMAN
Phone
3216382000
Tax Period
2023-10-01 to 2024-09-30

ECONOMIC DEVELOPMENT COMMISSION OF FLORIDA'S SPACE COAST INC, founded in 1989, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $2.4M left a modest 14% surplus.

Mission

TO PROMOTE AND FOSTER ECONOMIC AND INDUSTRIAL DEVELOPMENT IN BREVARD COUNTY, FLORIDA.

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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 $2,630,089
Program Service Revenue $67,828
Investment Income $60,033
Other Revenue $0
TOTAL REVENUE $2,757,950

Expense Breakdown

Grants Paid $339,565
Salaries & Benefits $1,288,971
Fundraising Expenses $0
Other Expenses $741,378
TOTAL EXPENSES $2,369,914

Year-over-Year Comparison

2023 2022 Change
Revenue $2,757,950 $3,323,903 -0.2%
Expenses $2,369,914 $2,674,032 -0.1%
Net Income $388,036 $649,871 -0.4%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
147
Independent Members
147
Employees
9
Volunteers
162

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
5
$449,217
Total Directors
171
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRAVIS PROCTOR CHAIR 1.00
Officer Director
$0 $0 $0
LINDA STOUT CHAIR-ELECT 1.00
Officer Director
$0 $0 $0
KIRK HALL PAST CHAIR 1.00
Officer Director
$0 $0 $0
TODD POKRYWA SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
TASSOS ABADIOTAKIS DIRECTOR (AS OF 2/24) 1.00
Director
$0 $0 $0
JASON ALFORD DIRECTOR 1.00
Director
$0 $0 $0
TIM ANTONITION DIRECTOR 1.00
Director
$0 $0 $0
LENNIE ARNOLD DIRECTOR (12/23-3/24) 1.00
Director
$0 $0 $0
KRISTIN BAKKE DIRECTOR 1.00
Director
$0 $0 $0
BRIAN BALUTA DIRECTOR 1.00
Director
$0 $0 $0
JIM BARFIELD DIRECTOR 1.00
Director
$0 $0 $0
COURTNEY BARKER DIRECTOR (THRU 8/24) 1.00
Director
$0 $0 $0
COURTNEY BARNARD DIRECTOR 1.00
Director
$0 $0 $0
NANCY BARTLETT DIRECTOR (THRU 12/23) 1.00
Director
$0 $0 $0
SEAN BEILMAN DIRECTOR (AS OF 8/24) 1.00
Director
$0 $0 $0
KIM BELARDINELLI DIRECTOR 1.00
Director
$0 $0 $0
PAT BENTLEY DIRECTOR (AS OF 12/23) 1.00
Director
$0 $0 $0
CHARLES R BERRY DIRECTOR 1.00
Director
$0 $0 $0
LEAH BLACKMORE DIRECTOR 1.00
Director
$0 $0 $0
JULIE BRAGA DIRECTOR 1.00
Director
$0 $0 $0
THOMAS BRANDON DIRECTOR 1.00
Director
$0 $0 $0
MATT BRANDT DIRECTOR 1.00
Director
$0 $0 $0
GRADY BRINKLEY DIRECTOR (AS OF 10/23) 1.00
Director
$0 $0 $0
COLLEEN BROWNE DIRECTOR 1.00
Director
$0 $0 $0
MARK BUONGIORNO DIRECTOR 1.00
Director
$0 $0 $0
KAT BUTLER DIRECTOR 1.00
Director
$0 $0 $0
HOLLY CARVER DIRECTOR 1.00
Director
$0 $0 $0
VIRGINIA CEARRA DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL CEROW DIRECTOR 1.00
Director
$0 $0 $0
LAURA CHIESMAN DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM CHIVERS DIRECTOR 1.00
Director
$0 $0 $0
DANIEL CIURO DIRECTOR (AS OF 1/24) 1.00
Director
$0 $0 $0
ROZ CLARK DIRECTOR 1.00
Director
$0 $0 $0
JAY COCHRAN DIRECTOR 1.00
Director
$0 $0 $0
CAROL CRAIG DIRECTOR 1.00
Director
$0 $0 $0
PETER CRANIS DIRECTOR 1.00
Director
$0 $0 $0
BRIAN E CURTIN DIRECTOR 1.00
Director
$0 $0 $0
HENRY CYR DIRECTOR (AS OF 8/24) 1.00
Director
$0 $0 $0
KEVIN DAUGHERTY DIRECTOR 1.00
Director
$0 $0 $0
CRAIG DAY DIRECTOR 1.00
Director
$0 $0 $0
SHAWN L DEMERS DIRECTOR (AS OF 4/24) 1.00
Director
$0 $0 $0
DOUG DOMBROSKI DIRECTOR 1.00
Director
$0 $0 $0
SCOTT ELLER DIRECTOR (AS OF 3/24) 1.00
Director
$0 $0 $0
BRETT ESROCK DIRECTOR (THRU 7/24) 1.00
Director
$0 $0 $0
DANIEL EVANS DIRECTOR 1.00
Director
$0 $0 $0
THOMAS EYE DIRECTOR (THRU 5/24) 1.00
Director
$0 $0 $0
ANDREA FARMER DIRECTOR 1.00
Director
$0 $0 $0
SEAN FARRELL DIRECTOR (THRU 4/24) 1.00
Director
$0 $0 $0
MICHAEL J FERRO DIRECTOR (AS OF 7/24) 1.00
Director
$0 $0 $0
BRENDA FETTROW DIRECTOR (AS OF 4/24) 1.00
Director
$0 $0 $0
ROBIN FISHER DIRECTOR 1.00
Director
$0 $0 $0
CHUCK FORTIER DIRECTOR 1.00
Director
$0 $0 $0
PAMELA FURR DIRECTOR (THRU 5/23) 1.00
Director
$0 $0 $0
JOSIAH GATTLE DIRECTOR (THRU 12/23) 1.00
Director
$0 $0 $0
JENNIFER GLASS DIRECTOR 1.00
Director
$0 $0 $0
MICHELE GOODWIN DIRECTOR 1.00
Director
$0 $0 $0
NICHOLAS GOW DIRECTOR (AS OF 1/24) 1.00
Director
$0 $0 $0
MATTHEW F GRAYBILL DIRECTOR (AS OF 3/24) 1.00
Director
$0 $0 $0
LLOYD GREGG DIRECTOR (THRU 3/24) 1.00
Director
$0 $0 $0
BILL GUYAN DIRECTOR 1.00
Director
$0 $0 $0
CHERYL M HARDY DIRECTOR 1.00
Director
$0 $0 $0
GAIL HART DIRECTOR 1.00
Director
$0 $0 $0
CLINTON HATCHER DIRECTOR (THRU 2/24) 1.00
Director
$0 $0 $0
BENJAMIN HAYES DIRECTOR 1.00
Director
$0 $0 $0
CHARLES M HEINEN DIRECTOR 1.00
Director
$0 $0 $0
TOM C HERMANSEN DIRECTOR 1.00
Director
$0 $0 $0
DANIEL J HICKEY DIRECTOR 1.00
Director
$0 $0 $0
GORDY HOUSER DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH HUY DIRECTOR 1.00
Director
$0 $0 $0
ERIC JIMENEZ DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
NEAL E JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
COOPER JONES DIRECTOR 1.00
Director
$0 $0 $0
DAVID JONES DIRECTOR (THRU 9/24) 1.00
Director
$0 $0 $0
VICTORIA JONES DIRECTOR (THRU 2/24) 1.00
Director
$0 $0 $0
TERI JONES DIRECTOR (THRU 12/23) 1.00
Director
$0 $0 $0
CLAUDIA H JONES DIRECTOR (THRU 2/24) 1.00
Director
$0 $0 $0
ERIK JULIANO DIRECTOR (AS OF 1/24) 1.00
Director
$0 $0 $0
JEFF JUSTEN DIRECTOR (AS OF 10/23) 1.00
Director
$0 $0 $0
DAN KELLEY DIRECTOR 1.00
Director
$0 $0 $0
LORNA KENNA DIRECTOR 1.00
Director
$0 $0 $0
DANA KILBORNE DIRECTOR 1.00
Director
$0 $0 $0
ROBERT D KODSI DIRECTOR 1.00
Director
$0 $0 $0
RICHARD KOLLEDA DIRECTOR 1.00
Director
$0 $0 $0
DAVID KORNICK DIRECTOR 1.00
Director
$0 $0 $0
LORRAINE KOSS DIRECTOR 1.00
Director
$0 $0 $0
MICA LAYNE DIRECTOR 1.00
Director
$0 $0 $0
CHRISTIE LEE DIRECTOR 1.00
Director
$0 $0 $0
BRIAN LESLIE DIRECTOR (AS OF 8/24) 1.00
Director
$0 $0 $0
STEVE LLOYD DIRECTOR (AS OF 12/23) 1.00
Director
$0 $0 $0
ANNA H LONG DIRECTOR (AS OF 12/23) 1.00
Director
$0 $0 $0
ANGELINA LORENZINI DIRECTOR (THRU 5/24) 1.00
Director
$0 $0 $0
MICAH LOYD DIRECTOR 1.00
Director
$0 $0 $0
JORDAN LUHN DIRECTOR 1.00
Director
$0 $0 $0
DAVID MALONEY DIRECTOR (AS OF 2/24) 1.00
Director
$0 $0 $0
FRANK MARGIOTTA DIRECTOR (AS OF 3/24) 1.00
Director
$0 $0 $0
MISTY MAROT DIRECTOR 1.00
Director
$0 $0 $0
LAURA MAXWELL DIRECTOR 1.00
Director
$0 $0 $0
DAWN MAYS DIRECTOR 1.00
Director
$0 $0 $0
SHAWN MCINTYRE DIRECTOR 1.00
Director
$0 $0 $0
CARLA M MCRAE DIRECTOR 1.00
Director
$0 $0 $0
ROB MEDINA DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH MILLER DIRECTOR 1.00
Director
$0 $0 $0
BRIAN A MILLS DIRECTOR 1.00
Director
$0 $0 $0
LORY MILTON DIRECTOR 1.00
Director
$0 $0 $0
STEVE MOGA DIRECTOR 1.00
Director
$0 $0 $0
INGRID MORALES DIRECTOR (THRU 4/24) 1.00
Director
$0 $0 $0
TODD MORLEY DIRECTOR (THRU 9/24) 1.00
Director
$0 $0 $0
MARCI MURPHY DIRECTOR 1.00
Director
$0 $0 $0
MICHELE MURRELL DIRECTOR 1.00
Director
$0 $0 $0
JO LYNN NELSON DIRECTOR 1.00
Director
$0 $0 $0
DEAN M ONEILL DIRECTOR (THRU 5/24) 1.00
Director
$0 $0 $0
CARON PARTRIDGE DIRECTOR 1.00
Director
$0 $0 $0
MATT PASSARELLA DIRECTOR 1.00
Director
$0 $0 $0
JANET PETRO DIRECTOR 1.00
Director
$0 $0 $0
DANIEL PIERRON DIRECTOR 1.00
Director
$0 $0 $0
DAN POLLOCK DIRECTOR 1.00
Director
$0 $0 $0
RICHARD P PRUSS DIRECTOR 1.00
Director
$0 $0 $0
HELMUT PRZYCHODNY DIRECTOR (AS OF 12/23) 1.00
Director
$0 $0 $0
KERRY RAMAGE DIRECTOR (AS OF 1/24) 1.00
Director
$0 $0 $0
DINA REIDER-HICKS DIRECTOR 1.00
Director
$0 $0 $0
BRITTANY RETHERFORD DIRECTOR (AS OF 9/24) 1.00
Director
$0 $0 $0
KIMBERLY B REZANKA DIRECTOR 1.00
Director
$0 $0 $0
JIM RHINEHART DIRECTOR (THRU 6/24) 1.00
Director
$0 $0 $0
VALIA RICH DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE RIEGNER DIRECTOR 1.00
Director
$0 $0 $0
CHARI RIGBY DIRECTOR (AS OF 9/24) 1.00
Director
$0 $0 $0
HECTOR RIVERA DIRECTOR 1.00
Director
$0 $0 $0
JEFFERY T ROBISON DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY M ROMERO DIRECTOR 1.00
Director
$0 $0 $0
JOE ROWLETTE DIRECTOR 1.00
Director
$0 $0 $0
COREY RUNTE DIRECTOR 1.00
Director
$0 $0 $0
LINDSEY RUSCHAK DIRECTOR 1.00
Director
$0 $0 $0
GILBERT RUSSELL DIRECTOR 1.00
Director
$0 $0 $0
JACK RYALS DIRECTOR 1.00
Director
$0 $0 $0
ROBERT SALONEN DIRECTOR 1.00
Director
$0 $0 $0
SUE SCHMITT DIRECTOR 1.00
Director
$0 $0 $0
NATALIE SELLERS DIRECTOR (THRU 3/24) 1.00
Director
$0 $0 $0
SUMMIT SHAH DIRECTOR 1.00
Director
$0 $0 $0
SARA SHELL DIRECTOR 1.00
Director
$0 $0 $0
TUBBY SHWEDO DIRECTOR (AS OF 12/23) 1.00
Director
$0 $0 $0
TYLER SIROIS DIRECTOR (AS OF 7/24) 1.00
Director
$0 $0 $0
FORREST SMALLEY DIRECTOR 1.00
Director
$0 $0 $0
BRIANNA SOAT DIRECTOR (AS OF 9/24) 1.00
Director
$0 $0 $0
PAUL SOHL DIRECTOR 1.00
Director
$0 $0 $0
CHRIS SORENSEN DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL SPENCER DIRECTOR (AS OF 6/24) 1.00
Director
$0 $0 $0
NATASHA CARTAGENA SPENCER DIRECTOR 1.00
Director
$0 $0 $0
KELLI STARGEL DIRECTOR 1.00
Director
$0 $0 $0
SARAH STOECKEL DIRECTOR 1.00
Director
$0 $0 $0
TRACY K STRODERD DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER SUGARMAN DIRECTOR (THRU 7/24) 1.00
Director
$0 $0 $0
BOBBI SULLIVAN DIRECTOR (AS OF 5/24) 1.00
Director
$0 $0 $0
RICHARD D SUTTER DIRECTOR (THRU 12/23) 1.00
Director
$0 $0 $0
LINDSEY SWINDLE DIRECTOR 1.00
Director
$0 $0 $0
DAVID TAYLOR DIRECTOR (AS OF 3/24) 1.00
Director
$0 $0 $0
MEL THOMAS DIRECTOR (AS OF 2/24) 1.00
Director
$0 $0 $0
DEBBIE THOMAS DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN C THOMAS DIRECTOR 1.00
Director
$0 $0 $0
JOHN TIMMERMANN DIRECTOR 1.00
Director
$0 $0 $0
JACQUELINE RODRIGUEZ VALDES MSN ARN DIRECTOR 1.00
Director
$0 $0 $0
ZORAIDA VELASCO DIRECTOR (AS OF 5/24) 1.00
Director
$0 $0 $0
DAVID J VOLK DIRECTOR 1.00
Director
$0 $0 $0
DAVID WALLACE DIRECTOR (THRU 8/24) 1.00
Director
$0 $0 $0
KATE WALLACE DIRECTOR 1.00
Director
$0 $0 $0
ABRAM WALTON DIRECTOR 1.00
Director
$0 $0 $0
BRADLEY WHITE DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL JR WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
ELLEN WINTER DIRECTOR (THRU 9/24) 1.00
Director
$0 $0 $0
PETER D WOODS DIRECTOR 1.00
Director
$0 $0 $0
LAURA YOUNG DIRECTOR (AS OF 2/24) 1.00
Director
$0 $0 $0
LYNDA WEATERHMAN PRESIDENT 45.00
Officer
$386,950 $62,267 $449,217
TRUDY MCCARTHY EXECUTIVE VICE PRESIDENT 45.00
Highest
$145,645 $43,590 $189,235
EDGAR CAMPA-PALAFOX VICE PRESIDENT, BUSINESS DEV 45.00
Highest
$119,792 $27,747 $147,539
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 $2,757,950 $2,369,914 $4,098,272 $388,036
2023 $3,323,903 $2,674,032 $3,777,271 $649,871
2022 $2,934,772 $2,416,791 $2,899,084 $517,981
2021 $2,659,028 $2,329,104 $2,384,277 $329,924
2020 $2,372,859 $2,343,167 $2,092,706 $29,692
2019 $3,169,084 $3,084,289 $2,120,757 $84,795
2018 $2,527,403 $2,371,104 $2,710,063 $156,299
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