Florida Transit Association Finance Corporation

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

EIN: 593347123 ✦ Tallahassee, FL ✦ Designated as a 501(c)(6)

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Overview

What is Florida Transit Association Finance Corporation?

Florida Transit Association Finance Corporation serves as a financing solution for the Florida Public Transportation Association, Inc., a nonprofit organization based in Florida. Its primary function is to facilitate and aid in the financing and refinancing of real and personal properties owned, acquired, or operated by its member organizations. This corporation plays an essential role in supporting the financial needs of public transportation entities within Florida, contributing to the overall development and operation of their infrastructure.


Official website here: www.floridatransit.org

Is Florida Transit Association Finance Corporation legitimate?

Florida Transit Association Finance Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Florida Transit Association Finance Corporation submitted a form 990EZ, 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.


Official website here: www.floridatransit.org

What is the mission statement of Florida Transit Association Finance Corporation?

The Florida Transit Association Finance Corporation's primary purpose is to facilitate financing and refinancing of real and personal property for its member organizations within the Florida public transportation sector. This corporation aids in the financial requirements of these organizations, supporting their operations. By doing so, it contributes to the enhancement and continuity of public transportation services in Florida.


Official website here: www.floridatransit.org

Who is the CEO of Florida Transit Association Finance Corporation?

Jesus Gomez is the President of Florida Transit Association Finance Corporation.


Official website here: www.floridatransit.org

What is the revenue of Florida Transit Association Finance Corporation?

Florida Transit Association Finance Corporation's revenue in 2023 was $32,406.


Official website here: www.floridatransit.org

Who are the executives of Florida Transit Association Finance Corporation and what are their salaries?


Here are 10 key members and their salaries:


Jesus Gomez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Deigl (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vacant (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Brandin (Ex-Officio D)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cleveland Ferguson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clinton Forbes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabe Matthews (Ex-Officio D)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivan Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Bacot (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.floridatransit.org

Where can I find the form 990EZ for Florida Transit Association Finance Corporation?

Florida Transit Association Finance Corporation's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.floridatransit.org

Learn more at the official website: www.floridatransit.org

Mission Statement of Florida Transit Association Finance Corporation

Florida Transit Association Finance Corporation is a corporation with a primary mission to finance and aid in the financing and refinancing of real and personal property owned, acquired, or operated by the members of the Florida Public Transportation Association, Inc. This organization serves as a financial assistance provider for its associated members, helping them manage their property-related financial obligations. By doing so, it contributes to the overall stability and development of the public transportation sector in Florida.

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Impact




October, 2024

The Florida Transit Association Finance Corporation plays a vital role in enhancing public transportation across Florida. By providing financing and refinancing options for real and personal property related to public transit, the organization empowers transit agencies to acquire and maintain essential assets. This financial support ensures that public transportation systems remain operational and efficient, ultimately improving mobility for residents and visitors alike.

The corporation's impact extends beyond financial assistance; it directly contributes to community improvement by facilitating better public transit services. Access to dependable and well-funded transportation options enhances connectivity, reduces traffic congestion, and promotes sustainable development within communities. Furthermore, by strengthening local transit networks, the organization supports economic growth and accessibility, bridging gaps for underserved populations. Through its efforts, the Florida Transit Association Finance Corporation fosters a robust public transportation infrastructure that serves as a backbone for communities across the state.




This information is meant to be a general summary of Florida Transit Association Finance Corporation. 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
$32,406 (2023)
Expenses
$123,704 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,906
  • Program Service Revenue: $29,500
  • Gross Receipts: $32,406

Assets and Liabilities:

  • Total Assets: $327,680
  • Total Liabilities: $11,160
  • Net Assets: $316,520

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Organization Details

Principal Officer

Jesus Gomez

Main Address

PO BOX 10168, TALLAHASSEE, FL, 32302

NTEE Category

Code: S47 - Community improvement

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