Usf Management Corporation

“On july 1, 2017 the organization entered into a five-year management agreement with an arena manager ("manager") for the manager to act as the sole and exclusive manager and operator of the sun dome arena.”

“The organization has one class of members. The president of the university of south florida and the university of south florida board of trustees are considered members in that they have the right to participate in the organization's governance pursuant to the organization's bylaws.”

“The president and the board of trustees for the university of south florida have the right to appoint members of the organization's board of directors pursuant to the organization's bylaws.”

“The president and the board of trustees for the university of south florida approve amendments to the bylaws and articles of incorporation as well as appointment and removal of members of the board of directors and the organization's operating budget.”

“A copy of the form 990 will be reviewed by the university of south florida's senior associate athletics director/cfo prior to filing.”

“Completed conflict of interest statements are disclosed and reviewed on an annual basis based on the organization's conflict of interest policy. Under review of the organization's president and board of directors any conflicts that arise are addressed at board or committee meetings at which the individual is present. The individual shall then disclose the apparent conflict, thereby at the discretion of the president, may ask the board member to withdraw from the meeting or discussion to vote on the matter. The option for the board member to recuse themselves is also permitteed in the event of a potential or apparent conflict of interest.”

“The organization does not have any employees.”

“Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to irc section 6104. These documents are not available to the public at this time.”

“Production fees: program service expenses 1,361,860. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,361,860. Police fees: program service expenses 354,077. Management and general expenses 0. Fundraising expenses 0. Total expenses 354,077. Event attendants: program service expenses 1,606,515. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,606,515. Parking: program service expenses 2,615. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,615. Catering: program service expenses 120,924. Management and general expenses 0. Fundraising expenses 0. Total expenses 120,924. Janitorial fees: program service expenses 0. Management and general expenses 23,219. Fundraising expenses 0. Total expenses 23,219.”