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Codec Inc

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

EIN: 592110238 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Codec Inc?

Codec Inc, established under Florida's laws, is a nonprofit community development corporation. Their primary mission is to engage in housing and economic development, specifically aimed at catering to the elderly population. This involves providing affordable housing solutions to elderly individuals. As a nonprofit organization, Codec Inc's activities are geared towards bettering the community, contributing to the wellbeing of the elderly by ensuring they have adequate housing options and opportunities for economic development. Their address is located at 1223 SW 4th Street, 2nd Floor, Miami, FL, 33135.

Is Codec Inc legitimate?

Codec Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Codec 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

What is the mission statement of Codec Inc?

Codec Inc, a non-profit community development corporation, is dedicated to engaging in housing and economic development to provide affordable housing for elderly individuals. The organization's mission is to promote housing solutions for the elderly, aiming to improve their living conditions and economic stability. Codec Inc operates under the laws and statutes of Florida, with the primary goal of providing housing that is financially accessible to the elderly population.

Who is the CEO of Codec Inc?

Guarione M Diaz is the Director/President of Codec Inc.

What is the revenue of Codec Inc?

Codec Inc's revenue in 2022 was $0.

Who are the executives of Codec Inc and what are their salaries?

There 6 volunteers at Codec Inc.


Here are 6 key members and their salaries:


Guarione M Diaz (Director/President)
  • Compensation: $0
  • Related: $96,228
  • Other: $17,791
Cristina Santana (Director/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raquel C Switzer (Director/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Asela Puentes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Graciela Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sergio J Masvidal (Director/Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Codec Inc?

Codec Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Codec Inc

Codec Inc, a non-profit community development corporation established under Florida's laws, is committed to engaging in housing and economic development. Their mission is to provide affordable housing options for elderly individuals. Codec Inc strives to make a significant impact in this area, aiming to improve the living conditions and economic stability of the elderly population. By focusing on housing and economic development, Codec Inc aims to enhance the quality of life for the elderly, ensuring they can live with dignity and security.

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Impact




October, 2024

Codec Inc plays a vital role in providing affordable housing and economic development for the elderly in Miami, Florida. By focusing on the housing needs of senior citizens, Codec Inc addresses a pressing issue in the community, ensuring that older adults have access to safe and affordable living conditions. This not only enhances their quality of life but also empowers them to maintain independence and dignity.

The organization's commitment to economic development further supports its mission by creating opportunities for elderly individuals to engage in community activities, access vital resources, and improve their overall financial stability. By fostering a supportive environment, Codec Inc helps to enhance social connections among seniors, reducing isolation and promoting well-being.

Overall, Codec Inc significantly impacts the local community by prioritizing the housing and economic needs of the elderly, contributing to a more inclusive and supportive living environment for one of society's most vulnerable populations.




This information is meant to be a general summary of Codec 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
$0 (2022)
Expenses
$13,700 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $221,543
    • Total Liabilities: $10,506
    • Net Assets: $211,037

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    Organization Details

    Founding Year

    1981

    Principal Officer

    Guarione M Diaz

    Main Address

    1223 SW 4TH STREET 2ND FLOOR, MIAMI, FL, 33135

    NTEE Category

    Code: L20Z - Housing

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