Miami Dade Chamber Of Commerce Foundation Inc

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

EIN: 371719921 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Miami Dade Chamber Of Commerce Foundation Inc?

Miami Dade Chamber of Commerce Foundation Inc is a charitable organization, headquartered in its namesake city. Its primary mission encompasses religious, educational, literary, and scientific purposes. The foundation supports other 501(c)(3) organizations and engages in various charitable activities, including the Business Empowerment Series. This series features seminars specifically designed to equip small business owners with strategic tools to expand their enterprises. The Foundation's core programs revolve around these educational seminars, providing small business owners with proven techniques to grow their businesses efficiently.


Official website here: www.m-dcc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars, 65%

The Miami Dade Chamber Of Commerce Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement. With an overall score of 65%, the organization demonstrates strong accountability and governance in certain areas, such as having a fully independent board and a solid liabilities to assets ratio. However, there are significant shortcomings in their policies regarding conflicts of interest, whistleblower protections, and document retention practices.

Despite some strengths, the foundation's performance is hindered by its lack of essential policies that ensure transparency and ethical governance. The absence of a conflict of interest policy and whistleblower protection may pose risks to the integrity of the organization. Furthermore, while the foundation has met some criteria for financial accountability, its program expense ratio suggests that a greater portion of its budget could be allocated to its mission-driven programs.

Overall, while the Miami Dade Chamber Of Commerce Foundation Inc has a competent structure in place, the identified weaknesses in governance and financial practices highlight the need for improvements to enhance transparency and efficiency. Addressing these issues could significantly bolster its credibility and effectiveness in serving its community.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Miami Dade Chamber Of Commerce Foundation Inc?

94% of 26 reviewers on Facebook recommend the Miami Dade Chamber Of Commerce Foundation Inc. Here is a summary of their reviews:

The overall sentiment is positive, with many expressing satisfaction with the support and resources provided by the organization. Reviewers appreciate the chamber's commitment to helping local businesses grow and thrive in the community. Many comments highlight effective networking opportunities and valuable educational programs that benefit members.

Overall, the Chamber seems to deliver on its promise to foster a strong business environment in Miami Dade, making it a valued resource for entrepreneurs and companies alike.


This AI summary has been generated from reviews found on Facebook.

Is Miami Dade Chamber Of Commerce Foundation Inc legitimate?

Miami Dade Chamber Of Commerce Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miami Dade Chamber Of Commerce Foundation 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.


Heare are some key statistics you may want to consider:

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

For more financial information, click here


Official website here: www.m-dcc.org

What is the mission statement of Miami Dade Chamber Of Commerce Foundation Inc?

The Miami Dade Chamber of Commerce Foundation Inc is organized with a multi-faceted mission, primarily focused on charitable, educational, and scientific purposes. One of its key objectives is to offer support to organizations that fall under the category of exempt organizations, as per the Internal Revenue Code or its future equivalents. The Foundation's primary activity involves the production of seminars aimed at small business owners, providing them with proven strategies to expand their businesses. This is incorporated into the Business Empowerment Series, which forms the core of its programs. The Foundation's aim is to contribute significantly to the growth and development of these businesses through these educational seminars.


Official website here: www.m-dcc.org

Who is the CEO of Miami Dade Chamber Of Commerce Foundation Inc?

Eric Gordon Knowles is the Executive Director of Miami Dade Chamber Of Commerce Foundation Inc.


Official website here: www.m-dcc.org

What is the revenue of Miami Dade Chamber Of Commerce Foundation Inc?

Miami Dade Chamber Of Commerce Foundation Inc's revenue in 2022 was $28,060.


Official website here: www.m-dcc.org

Who are the executives of Miami Dade Chamber Of Commerce Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Wayne Davis (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Crawford (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Gordon Knowles (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alvin West (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.m-dcc.org

Where can I find the form 990 for Miami Dade Chamber Of Commerce Foundation Inc?

Miami Dade Chamber Of Commerce Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.m-dcc.org

Learn more at the official website: www.m-dcc.org

Mission Statement of Miami Dade Chamber Of Commerce Foundation Inc

Miami Dade Chamber Of Commerce Foundation Inc is a nonprofit organization with a mission to contribute to charitable, educational, literary, and scientific causes. One of its primary objectives is to support other organizations that fall under the 501(c)(3) category of the Internal Revenue Code or its subsequent equivalents. The Foundation plays a significant role in producing activities that are incorporated into the Business Empowerment Series. Its core programs primarily involve conducting seminars aimed at equipping small business owners with proven strategies to grow their ventures. By offering these workshops, the Foundation seeks to contribute positively to the growth and development of small businesses in its community.

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Impact




August, 2024

Miami Dade Chamber Of Commerce Foundation Inc's impact is evident in its commitment to supporting small business owners through its Business Empowerment Series. By offering seminars that provide valuable strategies for business growth, the foundation is playing a significant role in empowering entrepreneurs in Miami to succeed. Through its charitable, educational, and scientific initiatives, the foundation is making a tangible difference in the local business community, ultimately contributing to economic development and educational advancement in the region.




This information is meant to be a general summary of Miami Dade Chamber Of Commerce Foundation Inc. 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.

Revenue
$28,060 (2022)
Expenses
$21,970 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $28,060

Assets and Liabilities:

  • Total Assets: $10,438
  • Total Liabilities: $0
  • Net Assets: $10,438

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Organization Details

Founding Year

2003

Principal Officer

Eric Gordon Knowles

Main Address

100 S BISCAYNE BLVD STE 300, MIAMI, FL, 331312037

NTEE Category

Code: B60 - Education

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