Our Impact: Tribeca’s 2024 Benefit Report

As a proud Florida Benefit Corporation, Tribeca ColorSalons is committed to doing business with purpose. Each year, we publish a Benefit Report to share how we’re creating positive change for our clients, team, community, and the planet. From inclusive hiring and sustainable salon practices to supporting local nonprofits and national advocacy groups, this report reflects the values that guide everything we do. We believe in transparency, accountability, and beauty that goes beyond the mirror.

Tribeca Inc. – Annual Benefit Report Pursuant to Florida Statute § 607.612 Year Covered: January 1, 2024 – December 31, 2024
Prepared by: Board of Directors

1. Narrative Description of General Public Benefit Efforts

a. Ways Tribeca Inc. pursued general public benefit and the extent of its creation:

Tribeca Inc., operating as Tribeca ColorSalons in Tampa, FL, continued to fulfill its mission as a Florida Benefit Corporation through the following initiatives:

  • Inclusivity & Safe Spaces: As an LGBTQ-owned salon and member of Strands for Trans, Tribeca ColorSalons remained a visibly inclusive space, serving clients across the gender spectrum and providing respectful, affirming service to all.
  • Environmental Impact: Through its Green Circle Salon partnership, Tribeca recycled 95% of its salon waste, diverted hundreds of pounds of materials from landfills, and promoted the use of sustainable product lines like Davines and FFØR.
  • Community Engagement:

    • In December 2024, Tribeca donated a “Decoration Station” experience to On Bikes, a 501(c)(3) nonprofit, supporting their annual holiday initiative for children in need.
    • Provided in-kind services to the Tampa Bay chapter of the Sisters of Perpetual Indulgence, supporting their mission of queer visibility, joy, and community outreach.
    • Made monetary donations to the following national advocacy organizations:

      • Center for Reproductive Rights
      • National Network to End Domestic Violence
      • LGBTQ Task Force
    • Became the title sponsor of Tampa Bay United’s Women’s Leadership Program, promoting self-esteem and leadership development among young women and girls.
  • Education & Professional Growth: The company continued its year-long apprenticeship program, The Color Construct, which offers advanced technical training and mentorship. Stylists also participated in quarterly education, focusing on inclusive practices and sustainable services.
  • Accessibility & Client Care: Both Tampa locations remained fully ADA-compliant, offered a tiered pricing structure to support economic accessibility, and maintained a loyalty program to reward client retention and referrals.

b. Circumstances hindering pursuit of public benefit:

Rising costs of environmentally sustainable materials and staffing shortages occasionally impacted daily operations. Additionally, the salon experienced occasional difficulty sourcing diverse talent and models for its inclusive content campaigns due to budget limitations and limited availability.

c. Process and rationale for selecting/changing the third-party standard:

Tribeca Inc. continues to use the B Impact Assessment by B Lab as its third-party standard. This standard is well-recognized and aligns with Tribeca’s values of transparency, equity, and sustainability. No changes were made in 2024.

2. Governance Information

a. Benefit Director and Benefit Officer:

  • Benefit Director: Brandon Wagner
    Business Address: Tribeca ColorSalons, 920 W. Kennedy Blvd, Tampa, FL 33606
  • Benefit Officer: Brandon Wagner
    Business Address: Tribeca ColorSalons, 920 W. Kennedy Blvd, Tampa, FL 33606

b. Statement per s. 607.608(3):

The Benefit Director affirms that, in their judgment, Tribeca Inc. acted in accordance with its general public benefit purpose and any specific public benefit purpose during the 2024 fiscal year, and that no action or failure to act by the corporation was inconsistent with its benefit purposes.

3. Third-Party Standard Disclosure

a. Conflicts of interest:

Tribeca Inc. confirms that there are no financial or governance relationships between B Lab, its leadership, or any 5%+ interest holders, and Tribeca Inc., its directors, officers, or shareholders, that would materially affect the credibility of the B Impact Assessment as a third-party standard.

4. Application of the Third-Party Standard

The B Impact Assessment was applied consistently with prior years. There were no changes in methodology or scoring approach in 2024.

5. Director Changes

No benefit director resignations were reported, were removed, or declined re-election during the year. No correspondence was submitted regarding any such changes.

6. Confidential Information Disclosure

No information has been designated confidential per Florida Statute 607.612(5)(a). All relevant data and narratives have been fully disclosed.