Overview
What is Bahama Family Island Promotion Board?
The Bahama Family Island Promotion Board is a nonprofit organization situated in Plantation, Florida. Its primary objective is to boost the occupancy and average daily rate of its member hotels, particularly during challenging economic periods. Despite the worldwide decline in tourism, the organization has managed to remain financially stable and successfully promoted the Bahamas' Out Islands. The organization achieves this through continuous marketing and promotion activities, focusing primarily on the Out Islands and its 43 member hotels, which account for about 85% of its budget and efforts. Levies are collected from the member hotels and combined with subsidies from the Ministry of Tourism to advertise the individual islands and their hotel members through various mediums such as internet, print advertising, trade shows, direct mail, television/radio, and other relevant partnerships.
Official website here: www.myoutislands.com
Is Bahama Family Island Promotion Board legitimate?
Bahama Family Island Promotion Board is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bahama Family 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: $186,643
Professional Fundraising Fees: $0
Other Salaries and Wages: $121,293
For more financial information, click here
Official website here: www.myoutislands.com
What is the mission statement of Bahama Family Island Promotion Board?
The Bahama Family Island Promotion Board is dedicated to continuously marketing and promoting the Out Islands within the Bahamas. A significant portion of their activities and resources are allocated towards this goal, with member hotels contributing levies and collaborating with subsidies from the Ministry of Tourism. This collective effort is directed at promoting individual Out Islands such as Andros, Abaco, Exuma, Eleuthera, Bimini, Cat Island, Acklins, and Long Island, as well as the hotels situated on these islands. They employ various marketing strategies, including internet advertising, print media, trade shows, direct mail, television/radio broadcasts, and relevant partnerships, to effectively showcase these destinations.
Official website here: www.myoutislands.com
What is the revenue of Bahama Family Island Promotion Board?
Bahama Family Island Promotion Board's revenue in 2024 was $2,400,875.
Official website here: www.myoutislands.com
Who are the executives of Bahama Family Island Promotion Board and what are their salaries?
There 52 volunteers at Bahama Family Island Promotion Board.
Here are 22 key members and their salaries:
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Official website here: www.myoutislands.com
Where can I find the form 990 for Bahama Family Island Promotion Board?
Bahama Family Island Promotion Board's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.myoutislands.com
Learn more at the official website: www.myoutislands.com
Mission Statement of Bahama Family Island Promotion Board
The Bahama Family Island Promotion Board is dedicated to the ongoing marketing and promotion of the Out Islands within the Bahamas. Their primary focus is on showcasing the destination of the Out Islands and the 43 member hotels, which account for about 85% of their marketing and promotional efforts. They collect levies from these member hotels and pool these funds with subsidies from the Ministry of Tourism to market and promote the individual islands, such as Andros, Abaco, Exuma, Eleuthera, Bimini, Cat Island, Acklins, and Long Island, as well as the hotels located on these islands. They utilize various mediums to achieve their mission, including the internet, print advertising, trade shows, direct mail, television and radio, and other relevant partnerships.
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Impact
October, 2024
The Bahama Family Island Promotion Board plays a pivotal role in enhancing the visibility and attractiveness of the Out Islands of The Bahamas. By focusing on strategic marketing and promotion efforts, the Board aims to increase hotel occupancy and average daily rates for its 43 member hotels, representing about 85% of the tourism accommodations in these islands.
During challenging economic times, particularly when global tourism faced significant declines, the Board successfully maintained its operations and continued to advocate for the Out Islands. This included pooling resources collected from member hotels with subsidies from the Ministry of Tourism to fund comprehensive marketing initiatives.
These initiatives cover multiple mediums, such as online advertising, print campaigns, participation in trade shows, direct mail, television, and radio promotions, among others. This multifaceted approach effectively showcases the unique offerings of individual islands like Andros, Abaco, Exuma, Eleuthera, Bimini, Cat Island, and Acklins, while helping to establish a strong brand presence for the Out Islands overall. Consequently, the Board significantly contributes to the economic stability and growth of the tourism sector in this region, ensuring that both visitors and hotels benefit from increased awareness and patronage.
This information is meant to be a general summary of Bahama Family 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 2024.
- Investment Income: $4,982
- Gross Receipts: $2,400,875
Assets and Liabilities:
- Total Assets: $1,335,983
- Total Liabilities: $270,493
- Net Assets: $1,065,490
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Organization Details
Founding Year
1978
Principal Officer
Cheryl Bastian
Website
www.myoutislands.comNTEE Category
Code: W03 - Public benefit
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