nonprofit logo

Community Fund Of North Miami-Dade Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 412025826 ✦ Opa locka, FL ✦ Designated as a 501(c)(3)

Overview

What is Community Fund Of North Miami-Dade Inc?

Community Fund of North Miami-Dade Inc is a nonprofit organization situated in Opa Locka, Florida. Their primary mission is to aid low-income communities by providing loans and investments to small and micro-businesses. They leverage resources from both the public and private sectors to support distressed and underprivileged communities, focusing on housing, business, and commercial ventures. With a workforce of six individuals, they strive to revitalize these communities and contribute to their economic growth.


Is Community Fund Of North Miami-Dade Inc legitimate?

Community Fund Of North Miami-Dade Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Fund Of North Miami-Dade Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $326,649

For more financial information, click here


What is the mission statement of Community Fund Of North Miami-Dade Inc?
Who is the CEO of Community Fund Of North Miami-Dade Inc?
What is the revenue of Community Fund Of North Miami-Dade Inc?
Who are the executives of Community Fund Of North Miami-Dade Inc and what are their salaries?
Where can I find the form 990 for Community Fund Of North Miami-Dade Inc?

Mission Statement of Community Fund Of North Miami-Dade Inc

Community Fund of North Miami-Dade Inc is committed to aiding the less fortunate, distressed, and underprivileged individuals in their community. They accomplish this mission by leveraging resources from both public and private sectors. The organization focuses on lending and investing in various sectors, including housing, small and micro-businesses, and other commercial enterprises. This strategic approach is designed to revitalize low-income communities, ultimately contributing to their overall improvement and development.

Impact

This information is meant to be a general summary of Community Fund Of North Miami-Dade Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Community Fund Of North Miami-Dade Inc's impact is significant in revitalizing low-income communities in OPA LOCKA, FL by providing lending and investment opportunities to small/micro businesses. Through its mission of utilizing resources from public and private sectors to assist the poor, distressed, and underprivileged, the organization plays a crucial role in promoting economic development and improving the quality of life for residents in the area. The organization's focus on housing and small business development underscores its commitment to creating a sustainable and inclusive community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $31,147
  • Program Service Revenue: $0
  • Gross Receipts: $654,358

    • Assets and Liabilities:
  • Total Assets: $6,071,421
  • Total Liabilities: $1,095,507
  • Net Assets: $4,975,914
  • Organization Details

    Founding Year

    2002

    Principal Officer

    Willie Logan

    Main Address

    490 Opa Locka Blvd STE 2nd FL, Opa Locka, FL, 33054

    NTEE Category

    Code: L80 - Housing

    If you are a representative of Community Fund Of North Miami-Dade Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.