Overview
What is Dade County Economic Research Foundation Inc?
Dade County Economic Research Foundation Inc is a nonprofit organization dedicated to serving the community of Miami-Dade County, Florida. The foundation's primary mission is to collect, analyze, and disseminate statistical data related to the area, aiming to make this valuable information accessible to various community sectors. Additionally, the foundation strives to alleviate governmental burdens and contribute to combating community deterioration. By executing all lawful acts necessary to achieve these charitable and educational objectives, the Dade County Economic Research Foundation Inc plays an essential role in promoting the well-being and development of its community.
Official website here: www.beaconcouncilfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (70%)
The Dade County Economic Research Foundation Inc has received a two-star rating from Charity Navigator, indicating a need for improvement. The organization excels in accountability and finance with a perfect score in this area, reflecting strong governance practices, including an independent board and comprehensive policies such as conflict of interest and whistleblower protections.
However, significant weaknesses were noted, particularly in the financial statements and the liabilities to assets ratio, where it scored poorly. This suggests challenges in financial transparency and sustainability that could raise concerns among potential donors about the organization's fiscal health and operational effectiveness.
On a positive note, the foundation demonstrates a commitment to proper documentation practices and transparency by making relevant tax forms and board meeting minutes available online. While it has solid governance structures in place, addressing the financial reporting issues will be crucial for the foundation to enhance its credibility and appeal to supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Dade County Economic Research Foundation Inc legitimate?
Dade County Economic Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dade County Economic Research 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.beaconcouncilfoundation.org
What is the mission statement of Dade County Economic Research Foundation Inc?
The Dade County Economic Research Foundation Inc operates with a charitable and educational purpose. Its main objectives include compiling, preparing, and publishing statistical data related to Miami-Dade County, Florida, making this information accessible to various community segments. Another mission is to lessen the burden on government by providing valuable insights and data. Furthermore, the foundation works towards combating community deterioration. It carries out all lawful acts necessary to achieve these objectives. Overall, the foundation seeks to contribute positively to the community by providing statistical data and lessening governmental burdens while combating community deterioration.
Official website here: www.beaconcouncilfoundation.org
Who is the CEO of Dade County Economic Research Foundation Inc?
Michael A Finney is the CEO of Dade County Economic Research Foundation Inc The CEO's salary of Dade County Economic Research Foundation Inc is $0 and their total compensation is $177,732.
Official website here: www.beaconcouncilfoundation.org
What is the revenue of Dade County Economic Research Foundation Inc?
Dade County Economic Research Foundation Inc's revenue in 2023 was $816,730.
Official website here: www.beaconcouncilfoundation.org
Who are the executives of Dade County Economic Research Foundation Inc and what are their salaries?
There 87 volunteers at Dade County Economic Research Foundation Inc.
Here are 10 key members and their salaries (Dade County Economic Research Foundation Inc's CEO's salary is $0 and their total compensation is $177,732):
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- Related: $247,807
- Other: $22,309
- Compensation: $0
- Related: $159,751
- Other: $17,981
- Compensation: $0
- Related: $151,943
- Other: $16,898
Official website here: www.beaconcouncilfoundation.org
Where can I find the form 990 for Dade County Economic Research Foundation Inc?
Dade County Economic Research Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.beaconcouncilfoundation.org
Learn more at the official website: www.beaconcouncilfoundation.org
Mission Statement of Dade County Economic Research Foundation Inc
The Dade County Economic Research Foundation Inc is dedicated to serving charitable and educational purposes. Its mission encompasses several key areas. Firstly, the foundation focuses on compiling, preparing, and disseminating statistical data related to Miami-Dade County, Florida, making this information accessible to various sectors of the community. Secondly, the foundation aims to reduce the burden on government by offering its expertise and resources in this area. Thirdly, the foundation is committed to combating community deterioration, working towards the betterment of its community as a whole. Lastly, the foundation carries out any lawful acts that may aid in achieving its charitable and educational objectives. Overall, the Dade County Economic Research Foundation Inc plays a crucial role in providing valuable data and contributing to the improvement of its community.
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Impact
July, 2024
Dade County Economic Research Foundation Inc's impact includes compiling, preparing, and publishing statistical data concerning Miami-Dade County, Florida, and making such data available to all segments of the community. Additionally, the foundation works to lessen the burdens of government and combat community deterioration. Their efforts contribute to promoting community improvement and providing valuable insights for informed decision-making and policy development within the county.
This information is meant to be a general summary of Dade County Economic Research 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $3
- Gross Receipts: $816,730
Assets and Liabilities:
- Total Assets: $2,258,450
- Total Liabilities: $2,224,995
- Net Assets: $33,455
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Organization Details
Founding Year
1986
Principal Officer
Camela Glean-Jones
NTEE Category
Code: S30 - Community improvement
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