Florida Cruise Association Inc
- Assets
- $4.4m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 10
- Location
- Miramar, FL
- Founding
- 08/1994
- Data as of
- 12/2021
- EIN
- 65-0378064
Organization Overview
Florida Cruise Association Inc is located in Miramar, FL. The organization was established in 1994. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Florida Cruise Association Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Cruise Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Florida Cruise Association Inc generated $4.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FLORIDA-CARIBBEAN CRUISE ASSOCIATION (FCCA) IS A NOT-FOR-PROFIT TRADE ORGANIZATION COMPOSED OF 19 MEMBER LINES OPERATING MORE THAN 100 VESSELS IN FLORIDIAN, CARIBBEAN AND LATIN AMERICAN WATERS. CREATED IN 1993, THE FCCA'S MANDATE IS TO PROVIDE A FORUM FOR DISCUSSION ON CRUISE OPERATIONS, TOURISM DEVELOPMENT, PORTS, TOUR OPERATION, SAFETY, SECURITY AND OTHER CRUISE INDUSTRY ISSUES. BY FOSTERING AN UNDERSTANDING OF THE CRUISE INDUSTRY AND ITS OPERATING PRACTICES, THE FCCA SEEKS TO BUILD COOPERATIVE RELATIONSHIPS WITH ITS PARTNER DESTINATIONS AND TO DEVELOP PRODUCTIVE BILATERAL PARTNERSHIPS WITH EVERY SECTOR. THE FCCA WORKS WITH GOVERNMENTS, PORTS AND ALL PRIVATE/PUBLIC SECTOR REPRESENTATIVES TO MAXIMIZE CRUISE PASSENGER, CRUISE LINE AND CRUISE LINE EMPLOYEE SPENDING, AS WELL AS ENHANCE THE DESTINATION EXPERIENCE AND THE AMOUNT OF CRUISE PASSENGERS RETURNING AS STAY-OVER VISITORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CRUISE CONFERENCE CONVENTION - PROMOTES THE ASSOCIATION'S GOALS OF IMPROVING CRUISE SAFETY, BUILDS COOPERATIVE RELATIONSHIPS BETWEEN THE CRUISE LINES AND THE PORT OF CALL COUNTRIES AND IMPROVES THE LIVES OF THE CARIBBEAN REGION AND IT'S COUNTRIES
TRADE SHOW - TO FURTHER STRENGTHEN RELATIONS AND TO EDUCATE THE CRUISE INDUSTRY ON THE UNIQUE NEEDS OF THE CARIBBEAN REGION AND IT'S PEOPLE AND TO DEFINE THE AREA'S NEED FOR HUMANITARIAN CAUSES
GALA EVENING - TO FURTHER STRENGTHEN RELATIONS WITH MEMBER LINES AND TO DEVELOP BILATERAL PARTNERSHIPS WITH EVERY SECTOR IN THE CRUISE INDUSTRY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Paige Pres/dir/sec | OfficerTrustee | 50 | $644,383 |
Mickey Arison Chairman/dir | OfficerTrustee | 1 | $0 |
Frank Del Rio Director | Trustee | 1 | $0 |
Richard E Sasso Director | Trustee | 1 | $0 |
Michael Bayley Director | Trustee | 1 | $0 |
Thomas Mazloum Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cube Group Event Events Management | 12/30/20 | $188,307 |
Estrategia Publica Consultores Sc Marketing | 12/30/20 | $109,280 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,027,852 |
| Investment income | $115,305 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$9,551 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,644,036 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $721 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $644,383 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,006,848 |
| Pension plan accruals and contributions | $157,683 |
| Other employee benefits | $211,474 |
| Payroll taxes | $93,770 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,477 |
| Fees for services: Accounting | $10,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $45,047 |
| Fees for services: Other | $0 |
| Advertising and promotion | $247,634 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $158,993 |
| Travel | $118,562 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,542 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,183 |
| Insurance | $0 |
| All other expenses | $55,910 |
| Total functional expenses | $3,308,605 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,505,325 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $596,728 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,747 |
| Net Land, buildings, and equipment | $53,222 |
| Investments—publicly traded securities | $1,851,824 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $362,776 |
| Total assets | $4,374,622 |
| Accounts payable and accrued expenses | $596,248 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,567,042 |
| Total liabilities | $2,163,290 |
| Net assets without donor restrictions | $2,211,332 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,374,622 |
Peer Organizations
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|---|---|---|
Gwinnett Convention And Visitors Bureau Inc Duluth, GA | $29,610,598 | $21,705,089 |
Icamr Inc Neocity, FL | $16,807,579 | $18,482,877 |
Nassau-Paradise Island Promotion Board Ltd Plantation, FL | $7,848,897 | $14,831,769 |
Asian American Hotel Owners Association Atlanta, GA | $22,232,306 | $14,292,123 |
Osceola Convention And Visitors Bureau Inc Kissimmee, FL | $12,721,814 | $18,220,107 |
Panama City Beach Convention And Vistors Bureau Inc Panama City Beach, FL | $6,910,172 | $13,906,597 |
Florida Reliability Coordinating Council Tampa, FL | $10,138,227 | $13,874,923 |
Midtown Business Association Inc Atlanta, GA | $4,952,556 | $10,845,776 |
Corenet Global Inc Atlanta, GA | $22,405,208 | $10,074,155 |
Visit Pensacola Inc Pensacola, FL | $2,535,965 | $7,930,486 |
Allinial Global Lawrenceville, GA | $3,508,006 | $7,173,344 |
The Florida Restaurant & Lodging Association Inc Tallahassee, FL | $14,927,226 | $6,472,755 |