Jacksonville and the Beaches

EIN: 593281720

Jacksonville, FL

Total Revenue
$7,170,519
Total Expenses
$7,105,173
Total Assets
$884,170
Net Assets
$322,938
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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
1994
Legal Domicile
FL
Principal Officer
Michael Corrigan Jr
Phone
9042418176
Tax Period
2024-10-01 to 2025-09-30

Jacksonville and the Beaches, founded in 1994, is a community nonprofit that reported $7.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

To create and globally market, sell and promote an exceptional visitor experience resulting in greater community pride, prosperity and vitality.

Program Service Accomplishments

Program 1
Expenses: $5,801,337 Revenue: $7,170,519

The Destination Marketing Organization markets Jacksonville as a destination to both leisure and meeting segments. The sales efforts book conventions, meetings and groups to the City resulting in...

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The Destination Marketing Organization markets Jacksonville as a destination to both leisure and meeting segments. The sales efforts book conventions, meetings and groups to the City resulting in hotel room nights and bed tax revenue.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $7,152,598
Investment Income $17,921
Other Revenue $0
TOTAL REVENUE $7,170,519

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,672,072
Fundraising Expenses $0
Program Expenses $5,801,337
Other Expenses $4,433,101
TOTAL EXPENSES $7,105,173

Year-over-Year Comparison

2024 2023 Change
Revenue $7,170,519 $6,577,724 +0.1%
Expenses $7,105,173 $6,511,919 +0.1%
Net Income $65,346 $65,805 0.0%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
31
Volunteers
N/A

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
4
$313,464
Total Directors
13
$0
Key Employees
1
$313,464
Highest Compensated
6
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Corrigan Jr President/CEO 40.00
Officer Key Emp Highest
$301,530 $11,934 $313,464
Barbara Bredehoeft Chair 1.00
Officer Director
$0 $0 $0
David Marovich CCUE CCE Vice Chair 1.00
Officer Director
$0 $0 $0
Bill Prescott Treasurer 1.00
Officer Director
$0 $0 $0
Patrick Krechowski Director 1.00
Director
$0 $0 $0
Andrea Barnwell Brownlee Director 1.00
Director
$0 $0 $0
Cantrece Jones Director 1.00
Director
$0 $0 $0
Warren Jones Director 1.00
Director
$0 $0 $0
Harold Craw Director 1.00
Director
$0 $0 $0
Dr Jeff Ettling Director 1.00
Director
$0 $0 $0
Angela Phillips Director 1.00
Director
$0 $0 $0
DrIvana Rich Director 1.00
Director
$0 $0 $0
Sarina M Wiechens Chief Financial Officer 30.00
Highest
$107,369 $4,233 $111,602
Josh Harrison Chief Operating Officer 40.00
Highest
$150,637 $4,636 $155,273
Courtney Gumbinger Director of Destination Experience 40.00
Highest
$112,051 $4,445 $116,496
Katharine E Mitura Chief Marketing Officer 40.00
Highest
$150,038 $5,663 $155,701
Jeanne Goldschmidt Director of Sales 40.00
Highest
$128,933 $5,179 $134,112
Jeff Thompson Director 1.00
Director
$0 $0 $0
Jim Webb Director 1.00
Director
$0 $0 $0
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
2025 $7,170,519 $7,105,173 $884,170 $65,346
2024 $6,577,724 $6,511,919 $1,192,722 $65,805
2023 $5,925,609 $5,822,980 $1,435,622 $102,629
2022 $5,103,594 $5,130,785 $1,089,102 $-27,191
2021 $4,094,231 $4,069,075 $1,805,803 $25,156
2020 $4,311,178 $4,322,422 $1,172,973 $-11,244
2019 $5,367,596 $5,360,568 $717,019 $7,028
2018 $5,210,267 $5,235,909 $985,109 $-25,642
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