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Sun Beam Community Development Corp

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

EIN: 650514712 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Sun Beam Community Development Corp?

Sunbeam Community Development Corporation, situated in Miami, Florida, is a dedicated nonprofit organization. Their primary mission is to uplift low-income individuals by offering comprehensive real estate assistance. They specialize in housing development, construction, and management, aiming to make housing accessible and affordable for those in need. Additionally, they provide financial counseling as part of their services, offering guidance to help manage finances more effectively.

Is Sun Beam Community Development Corp legitimate?

Sun Beam Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sun Beam Community 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: $0

For more financial information, click here

What is the mission statement of Sun Beam Community Development Corp?

The Sun Beam Community Development Corp is committed to extending financial counseling services to individuals with low income levels. Their mission is to empower these individuals by providing them with the necessary guidance to manage their finances effectively. Although the information provided does not mention specific activities beyond financial counseling, it is assumed that the corporation may also offer resources or educational programs to support this mission. By offering these services, the Sun Beam Community Development Corp aims to contribute to the financial stability and well-being of low-income communities.

Who is the CEO of Sun Beam Community Development Corp?

Anvar Moghaddam is the President of Sun Beam Community Development Corp.

What is the revenue of Sun Beam Community Development Corp?

Sun Beam Community Development Corp's revenue in 2021 was $482,547.

Who are the executives of Sun Beam Community Development Corp and what are their salaries?


Here are 4 key members and their salaries:


Anvar Moghaddam (President)
  • Compensation: $0
  • Related: $29,520
  • Other: $0
Mohsen Khatibi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Villafana Arelys (Corresponding Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Boada (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sun Beam Community Development Corp?

Sun Beam Community Development Corp's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Sun Beam Community Development Corp

Sun Beam Community Development Corp is dedicated to aiding low-income individuals by offering financial counseling as its primary mission. This nonprofit organization specializes in providing assistance in the real estate sector, encompassing housing development, construction, and management. By offering this vital service, Sun Beam Community Development Corp seeks to empower those in need and improve their financial stability.

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Impact




July, 2024

Sun Beam Community Development Corp provides essential financial counseling to low-income individuals in Miami, FL. Their specialization in housing development, construction, and management directly impacts the lives of those in need, empowering them to navigate the complexities of real estate and financial planning. By offering these services, Sun Beam CDC helps individuals in the community secure stable housing and improve their financial well-being, ultimately contributing to the overall economic stability and prosperity of the area.




This information is meant to be a general summary of Sun Beam Community 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.

Revenue
$482,547 (2021)
Expenses
$258,319 (2021)
Efficiency

Other financial information:

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

  • Gross Receipts: $482,547

Assets and Liabilities:

  • Total Assets: $243,692
  • Total Liabilities: $0
  • Net Assets: $243,692

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Organization Details

Founding Year

1994

Principal Officer

Anvar Moghaddam

Main Address

2800 BISCAYNE BLVD STE 400, MIAMI, FL, 331374535

NTEE Category

Code: L20 - Housing

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