The Spectra Organization Inc

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

EIN: 592245045 ✦ West palm beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is The Spectra Organization Inc?

The Spectra Organization Inc, based in West Palm Beach, Florida, is a nonprofit entity primarily focused on aiding housing projects. These projects encompass both those owned and managed by the Palm Beach County Housing Authority, as well as privately-owned, low-to-moderate income housing complexes. Their mission is to contribute positively to the community by supporting projects deemed beneficial to the local area and the state of Florida. In essence, The Spectra Organization Inc works towards enhancing the social, physical, economic, and cultural well-being of the public within the Palm Beach County community.

Is The Spectra Organization Inc legitimate?

The Spectra Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Spectra Organization 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: $73,410

For more financial information, click here

What is the mission statement of The Spectra Organization Inc?

The Spectra Organization Inc's mission is geared towards supporting projects that are deemed beneficial to the community, specifically focusing on Palm Beach County and the state of Florida. Their role involves assisting and fostering the planning and development of such projects, which aim to contribute positively in social, physical, economic, and cultural aspects, serving the public interest. The organization's activities extend to managing the expenses of housing projects, including those owned and operated by the Palm Beach County Housing Authority and privately-owned low and moderate-income housing complexes.

Who is the CEO of The Spectra Organization Inc?

Carol Jones-Gilbert is the Principal Officer of The Spectra Organization Inc.

What is the revenue of The Spectra Organization Inc?

The Spectra Organization Inc's revenue in 2021 was $815,387.

Who are the executives of The Spectra Organization Inc and what are their salaries?

There 4 volunteers at The Spectra Organization Inc.


Here are 4 key members and their salaries:


Paul Dumars (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Digna Mejia (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Fetscher (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis Choy (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Spectra Organization Inc?

The Spectra Organization Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of The Spectra Organization Inc

The Spectra Organization Inc, with a focus on benefiting the Palm Beach County community, is committed to aiding and fostering the planning and development of projects that have a positive impact on society, physical well-being, economics, and culture. This nonprofit organization pays special attention to projects within the Palm Beach County community and the state of Florida, aiming to contribute to the public interest nationwide. In carrying out its mission, The Spectra Organization Inc manages the expenses associated with housing projects owned and operated by the Palm Beach County Housing Authority, as well as privately owned low and moderate-income housing complexes. By focusing on these areas, The Spectra Organization Inc works towards enhancing the livelihoods of individuals and communities within its sphere of influence.

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Impact




October, 2024

The Spectra Organization Inc significantly impacts the Palm Beach County community by managing and directing resources towards housing projects that benefit low and moderate-income residents. By overseeing expenses related to housing initiatives owned and operated by the Palm Beach County Housing Authority and privately-owned complexes, the organization ensures that essential housing needs are met effectively.

Their focus on planning and development fosters projects that enhance the social, physical, economic, and cultural well-being of the community. This commitment not only addresses immediate housing concerns but also contributes to the overall public interest in Palm Beach County and the broader state of Florida. Through their efforts, The Spectra Organization Inc plays a crucial role in creating sustainable and accessible housing solutions, ultimately uplifting the quality of life for those in the region.




This information is meant to be a general summary of The Spectra Organization 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
$815,387 (2021)
Expenses
$343,178 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $99,332
  • Program Service Revenue: $512,484
  • Gross Receipts: $822,762

Assets and Liabilities:

  • Total Assets: $1,527,601
  • Total Liabilities: $373,191
  • Net Assets: $1,154,410

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MANAGEMENT FEES

Revenue

$512,484

Organization Details

Founding Year

1973

Principal Officer

Carol Jones-Gilbert

Main Address

3432 WEST 45TH STREET, WEST PALM BEACH, FL, 33407

NTEE Category

Code: L25 - Housing

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