Overview
What is Nassau-Paradise Island Promotion Board?
The Nassau-Paradise Island Promotion Board is a nonprofit organization based in Plantation, Florida, specifically at 1200 South Pine Island Rd 700. Its primary mission is to boost occupancy and average daily rates of hotels on Nassau and Paradise Islands. Despite a challenging economic climate, the organization successfully marketed and promoted these islands while tourism levels remained relatively stable in the Caribbean. They collect levies from member hotels, which are then combined with Ministry of Tourism subsidies to advertise and promote individual hotels on Nassau-Paradise Islands. Their marketing efforts encompass various mediums, including the internet, print advertising, trade shows, direct mail, television and radio, and other relevant media, as well as partnerships. The organization has a team of eight employees dedicated to carrying out this mission.
Official website here: www.nassauparadiseisland.com
Is Nassau-Paradise Island Promotion Board legitimate?
Nassau-Paradise Island Promotion Board is a legitimate nonprofit organization registered as a 501(c)(6) entity. Nassau-Paradise Island Promotion Board 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $613,393
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,033,977
For more financial information, click here
Official website here: www.nassauparadiseisland.com
What is the mission statement of Nassau-Paradise Island Promotion Board?
The Nassau-Paradise Island Promotion Board functions by having its member hotels collect levies, which are then combined with Ministry of Tourism subsidies. This financial pool is utilized for the marketing and promotion of the individual hotels belonging to the board, as well as the broader destinations of Nassau and Paradise Islands and the Bahamas. The board employs various media channels including the internet, print advertising, trade shows, direct mail, television and radio, and other relevant media for their promotional efforts. Their mission is to effectively market and promote the member hotels and the destinations they represent.
Official website here: www.nassauparadiseisland.com
Who is the CEO of Nassau-Paradise Island Promotion Board?
Joy Jibrilu is the Director of Nassau-Paradise Island Promotion Board. The CEO's salary of Nassau-Paradise Island Promotion Board is $150,000 and their total compensation is $153,727.
Official website here: www.nassauparadiseisland.com
What is the revenue of Nassau-Paradise Island Promotion Board?
Nassau-Paradise Island Promotion Board's revenue in 2022 was $29,301,543.
Official website here: www.nassauparadiseisland.com
Who are the executives of Nassau-Paradise Island Promotion Board and what are their salaries?
The average compensation at Nassau-Paradise Island Promotion Board during 2022 was $205,921. There are 8 employees and 25 volunteers at Nassau-Paradise Island Promotion Board.
Here are 28 key members and their salaries (Nassau-Paradise Island Promotion Board's CEO's salary is $150,000 and their total compensation is $153,727):
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- Other: $10,800
Official website here: www.nassauparadiseisland.com
Where can I find the form 990 for Nassau-Paradise Island Promotion Board?
Nassau-Paradise Island Promotion Board's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nassauparadiseisland.com
Learn more at the official website: www.nassauparadiseisland.com
Mission Statement of Nassau-Paradise Island Promotion Board
The Nassau-Paradise Island Promotion Board is a marketing organization dedicated to promoting the destinations of Nassau and Paradise Islands, as well as its member hotels in the Bahamas. Through a partnership between the member hotels and the Ministry of Tourism, funds are pooled together to finance marketing and promotional initiatives. These efforts encompass various media platforms, including the internet, print advertising, trade shows, direct mail, television and radio, and other relevant media channels. By leveraging these marketing tools, the Promotion Board aims to boost the visibility and appeal of the individual islands' member hotels and the Bahamas as a whole. Their mission is to effectively market and promote the Bahamian destinations and its hotel members to potential visitors, thereby contributing to the growth and success of the tourism industry in the region.
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Impact
October, 2024
The Nassau-Paradise Island Promotion Board plays a crucial role in boosting the local economy by increasing tourism, which directly benefits member hotels and the broader community. By pooling resources collected from member hotels along with subsidies from the Ministry of Tourism, the organization strategically markets Nassau and Paradise Islands through diverse channels such as the internet, print advertisements, trade shows, direct mail, and television/radio.
In challenging economic climates, this initiative has successfully promoted the islands, ensuring that visitor occupancy rates and average daily rates for hotels remain competitive. Their proactive approach to destination marketing not only enhances the visibility of the islands but also contributes to sustained economic vitality in tourism-dependent areas. As tourism remains vital for the local economy, the efforts of the Promotion Board significantly impact community development, ensuring long-term benefits for residents and businesses alike.
This information is meant to be a general summary of Nassau-Paradise Island Promotion Board. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Gross Receipts: $29,301,543
Assets and Liabilities:
- Total Assets: $15,500,207
- Total Liabilities: $11,039,097
- Net Assets: $4,461,110
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Organization Details
Founding Year
1977
Phone
(954) 888-5900Principal Officer
Joy Jibrilu
Main Address
1200 SOUTH PINE ISLAND RD 700, PLANTATION, FL, 33324
Website
www.nassauparadiseisland.comNTEE Category
Code: S41 - Community improvement
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