Overview
What is Florida Business Development Corp?
Florida Business Development Corp is a recognized entity by the Small Business Administration (SBA), serving as a Section 504 Certified Development Corporation. Its primary mission is to provide financial assistance and long-term financing to small businesses, thereby promoting job retention and creation. As the second most active Certified Development Company nationwide for the fiscal year ending September 2021, the corporation has originated over 7,457 small business loans, resulting in over $11.3 billion in approved projects. This nonprofit organization, based in Tampa, Florida, aims to help healthy, growing small businesses gain access to capital through various programs such as the SBA 504, Community Advantage, and Direct Loan.
Official website here: www.fbdc.net
Is Florida Business Development Corp legitimate?
Florida Business Development Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Florida Business Development Corp 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: $6,457,271
For more financial information, click here
Official website here: www.fbdc.net
What is the mission statement of Florida Business Development Corp?
The Florida Business Development Corp, approved as a Section 5004 certified development corporation by the Small Business Administration, assists healthy and growing small businesses in accessing capital. This is achieved through the SBA 504, Community Advantage, and direct loan programs. The corporation provides financial assistance and long-term financing to businesses, aiming to retain and create jobs, thereby contributing to the growth of the local economy. As a leading certified development company, Florida Business Development Corp has originated over 7,457 small business loans, resulting in over $11.3 billion in approved projects, contributing to the creation and retention of numerous jobs.
Official website here: www.fbdc.net
Who is the CEO of Florida Business Development Corp?
William R Habermeyer is the Director of Florida Business Development Corp.
Official website here: www.fbdc.net
What is the revenue of Florida Business Development Corp?
Florida Business Development Corp's revenue in 2022 was $11,353,738.
Official website here: www.fbdc.net
Who are the executives of Florida Business Development Corp and what are their salaries?
Here are 44 key members and their salaries:
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $11,844
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $8,313
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $128,175
- Related: $0
- Other: $12,694
- Compensation: $510,417
- Related: $0
- Other: $33,888
- Compensation: $172,450
- Related: $0
- Other: $22,874
- Compensation: $106,103
- Related: $0
- Other: $28,521
- Compensation: $203,018
- Related: $0
- Other: $22,588
- Compensation: $151,616
- Related: $0
- Other: $32,334
- Compensation: $102,470
- Related: $0
- Other: $20,774
- Compensation: $218,961
- Related: $0
- Other: $22,284
- Compensation: $270,503
- Related: $0
- Other: $30,902
- Compensation: $245,823
- Related: $0
- Other: $32,713
- Compensation: $361,979
- Related: $0
- Other: $33,888
- Compensation: $75,812
- Related: $0
- Other: $18,771
- Compensation: $41,200
- Related: $0
- Other: $10,085
- Compensation: $84,336
- Related: $0
- Other: $14,314
- Compensation: $148,569
- Related: $0
- Other: $12,662
- Compensation: $142,097
- Related: $0
- Other: $29,601
- Compensation: $83,193
- Related: $0
- Other: $24,860
- Compensation: $303,923
- Related: $0
- Other: $33,640
- Compensation: $154,027
- Related: $0
- Other: $13,470
- Compensation: $52,500
- Related: $0
- Other: $7,198
- Compensation: $30,900
- Related: $0
- Other: $870
- Compensation: $102,594
- Related: $0
- Other: $11,927
- Compensation: $339,017
- Related: $0
- Other: $16,719
- Compensation: $48,050
- Related: $0
- Other: $19,142
- Compensation: $136,090
- Related: $0
- Other: $21,943
- Compensation: $102,069
- Related: $0
- Other: $19,559
- Compensation: $120,685
- Related: $0
- Other: $28,321
- Compensation: $111,996
- Related: $0
- Other: $21,060
- Compensation: $106,250
- Related: $0
- Other: $28,525
- Compensation: $101,928
- Related: $0
- Other: $26,566
- Compensation: $101,364
- Related: $0
- Other: $26,585
- Compensation: $100,340
- Related: $0
- Other: $28,123
Official website here: www.fbdc.net
Where can I find the form 990 for Florida Business Development Corp?
Florida Business Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fbdc.net
Learn more at the official website: www.fbdc.net
Mission Statement of Florida Business Development Corp
Florida Business Development Corp, a Section 500 certified development corporation approved by the Small Business Administration (SBA), is on a mission to aid healthy and growing small businesses in gaining access to capital. This is achieved through the SBA 504, Community Advantage, and Direct Loan programs. The corporation's primary goal is to provide financial assistance and long-term financing to businesses, enabling them to retain and create jobs, thereby contributing to the growth of the local economy. As a result of its efforts, Florida Business Development Corp has become the second most active certified development company nationwide, having originated over 7,457 small business loans since its inception 33 years ago. These loans have led to the approval of over $11.3 billion in projects, resulting in the retention and creation of numerous jobs.
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Impact
October, 2024
Florida Business Development Corp significantly impacts local economies by facilitating access to capital for small businesses through various financing programs, including the SBA 504, Community Advantage, and direct loans. As an approved Section 504 Certified Development Corporation, it plays a crucial role in providing financial assistance and long-term financing to businesses, which not only helps retain existing jobs but also creates new employment opportunities.
With a track record of being the second most active certified development company nationwide as of September 2021, Florida Business Development Corp has originated over 7,457 small business loans over the past 33 years, resulting in more than $11.3 billion in approved projects. This impressive portfolio bolsters economic growth in the Tampa area and beyond, contributing to robust community improvement through job retention and creation. By supporting healthy, growing small businesses, the organization strengthens the local economy and enhances the overall quality of life for residents.
This information is meant to be a general summary of Florida Business Development Corp. 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.
- Investment Income: $342,076
- Program Service Revenue: $10,977,309
- Gross Receipts: $11,353,738
Assets and Liabilities:
- Total Assets: $33,289,618
- Total Liabilities: $1,519,048
- Net Assets: $31,770,570
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN PROCESSING/SERVICING
Revenue
$10,548,750
INTEREST INCOME
Revenue
$428,559
Organization Details
Founding Year
1989
Phone
(813) 348-0660Principal Officer
William R Habermeyer
Main Address
1715 N WESTSHORE BLVD SUITE 780, TAMPA, FL, 33607
Website
www.fbdc.netNTEE Category
Code: S43 - Community improvement
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