Overview
What is Allapattah Business Development Authority Inc?
Allapattah Business Development Authority Inc, located in Miami, Florida, is a nonprofit organization dedicated to boosting the economic growth of District I. Their primary mission involves promoting business in the City of Miami, Florida, and enhancing the commercial sector through their Commercial Facade Program, especially in low-to-moderate income neighborhoods. Additionally, they are actively involved in developing and managing affordable housing units within District 1. With a small team of two employees, they work tirelessly to improve the area and contribute positively to the community.
Is Allapattah Business Development Authority Inc legitimate?
Allapattah Business Development Authority Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allapattah Business Development Authority 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: $45,951
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,319
For more financial information, click here
What is the mission statement of Allapattah Business Development Authority Inc?
Allapattah Business Development Authority Inc's mission is centered around enhancing a specific district, promoting business growth, and providing affordable housing solutions. In particular, their activities involve improving a district within a city, promoting commercial ventures, and administering affordable housing units. They are dedicated to the economic development of this district, which includes implementing programs like the Commercial Facade Program in low-income neighborhoods. Their ultimate goal is to contribute positively to the community by fostering business growth and addressing housing needs in a financially accessible manner.
Who is the CEO of Allapattah Business Development Authority Inc?
Angel Gonzalez is the Chairman of Allapattah Business Development Authority Inc.
What is the revenue of Allapattah Business Development Authority Inc?
Allapattah Business Development Authority Inc's revenue in 2022 was $274,288.
Who are the executives of Allapattah Business Development Authority Inc and what are their salaries?
The average compensation at Allapattah Business Development Authority Inc during 2022 was $39,635. There are 2 employees and 4 volunteers at Allapattah Business Development Authority Inc.
Here are 5 key members and their salaries:
- Compensation: $45,951
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Allapattah Business Development Authority Inc?
Allapattah Business Development Authority Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Allapattah Business Development Authority Inc
Allapattah Business Development Authority Inc, a nonprofit organization, is dedicated to enhancing District 1 within the City of Miami. Its primary mission is twofold: firstly, to stimulate business growth within the city, and secondly, to develop and manage affordable housing units. The organization achieves this through its Commercial Facade Program, which focuses on revitalizing low to moderate income neighborhoods. By improving the aesthetics of commercial properties, Allapattah Business Development Authority Inc contributes to the overall economic development of District 1. Moreover, the organization is also committed to addressing the housing needs of the community by administering affordable housing units. This holistic approach, which encompasses both economic development and affordable housing, is Allapattah Business Development Authority Inc's mission to improve District 1 and promote business growth in the City of Miami.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Allapattah Business Development Authority Inc significantly enhances the economic landscape of District 1 in Miami, Florida. Through initiatives like the Commercial Facade Rehabilitation Program, it revitalizes low to moderate-income neighborhoods by improving the aesthetic and functional quality of local businesses. This not only attracts more customers but also fosters a sense of community pride and encourages further investment in the area.
Additionally, the authority plays a crucial role in developing and managing affordable housing units, addressing essential housing needs within the community. By focusing on both commercial and residential improvements, it promotes a balanced economic development strategy that supports local entrepreneurship while ensuring that residents have access to affordable living options. Overall, its efforts contribute to a thriving local economy and enriched community life in Miami.
This information is meant to be a general summary of Allapattah Business Development Authority 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $17,062
- Gross Receipts: $385,402
Assets and Liabilities:
- Total Assets: $582,042
- Total Liabilities: $558,678
- Net Assets: $23,364
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Commercial Facade
Revenue
$17,062
Organization Details
Founding Year
1983
Phone
(305) 635-3561Principal Officer
Angel Gonzalez
Main Address
2368 NW 35 St Suite 8, Miami, FL, 33142
NTEE Category
Code: S31Z - Community improvement
If you are a representative of Allapattah Business Development Authority 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.