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The Cosac Foundation Inc

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

EIN: 650745597 ✦ Davie, FL ✦ Designated as a 501(c)(3)

Overview

What is The Cosac Foundation Inc?

The Cosac Foundation Inc, located in Davie, Florida, is a nonprofit organization that aims to enhance the lives of the poor and homeless in their community. They have developed a unique funding tool, the "Homeless Voice Newspaper," which employs homeless individuals, providing them with income to sustain themselves. Through this newspaper, the foundation advocates on behalf of the homeless population, educating the public about the true nature of homelessness and promoting ways to eliminate the associated bias. The foundation serves as a last resort for many desperate individuals in Florida, offering a model for homeless facilities to assist those in need. With a workforce of three dedicated individuals, The Cosac Foundation Inc is committed to improving the self-esteem and sense of worth of the homeless population during their challenging times.


Official website here: www.homelessvoice.org

Is The Cosac Foundation Inc legitimate?

The Cosac Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cosac 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.

Here are some key statistics you may want to consider:

Executive Compensation: $237,223
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.homelessvoice.org

What is the mission statement of The Cosac Foundation Inc?

The Cosac Foundation's mission is centered around improving the quality of life for those experiencing poverty and homelessness. They aim to serve as a model for homeless facilities, providing assistance to individuals and families in need. The foundation serves as a last resort for many desperate individuals in Florida. One of their significant initiatives is the Homeless Newspaper, a funding tool that employs homeless individuals, providing them with income to survive. This newspaper also serves as a platform for advocacy on behalf of the homeless population, educating the public about homelessness and ways to eliminate bias towards this population. The Homeless Newspaper significantly contributes to helping homeless individuals regain or maintain their self-esteem and sense of self-worth during their transition through challenging times.


Official website here: www.homelessvoice.org

Who is the CEO of The Cosac Foundation Inc?

Sean Cononie is the Cto of The Cosac Foundation Inc.


Official website here: www.homelessvoice.org

What is the revenue of The Cosac Foundation Inc?

The Cosac Foundation Inc's revenue in 2022 was $660,635.


Official website here: www.homelessvoice.org

Who are the executives of The Cosac Foundation Inc and what are their salaries?

The average compensation at The Cosac Foundation Inc during 2022 was $79,074. There are 3 employees at The Cosac Foundation Inc.

Here are 3 key members and their salaries:

    Mark Targett (Cto) [Trustee/Director]
  • Compensation: $88,233
  • Related: $0
  • Other: $0

    • Sara Targett (Employee)
  • Compensation: $77,979
  • Related: $0
  • Other: $0

    • Sean Coninie (Director)
  • Compensation: $8,000
  • Related: $0
  • Other: $0


  • Official website here: www.homelessvoice.org

    Where can I find the form 990 for The Cosac Foundation Inc?

    The The Cosac Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.homelessvoice.org

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

    Mission Statement of The Cosac Foundation Inc

    The Cosac Foundation Inc, a nonprofit organization, aims to improve the quality of life for the impoverished and homeless individuals in Florida. Its mission is twofold: firstly, to serve as a model for homeless facilities, providing assistance to those in need, and secondly, to be a last resort for the desperate individuals across Florida. The foundation has developed a unique funding tool in the form of a homeless newspaper, known as the "Homeless Voice Newspaper." This initiative not only serves as an advocacy platform for the homeless population but also provides employment opportunities for them, enabling them to earn an income and sustain themselves. The newspaper plays a crucial role in educating the public about the true nature of homelessness and the biases associated with this sector of society. Additionally, it empowers those affected by homelessness, helping them regain or maintain their self-esteem and sense of self-worth during challenging times.

    Impact

    This information is meant to be a general summary of The Cosac Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    The Cosac Foundation Inc's impact is significant in improving the quality of life for the poor and homeless in Florida. They have developed innovative solutions such as the Homeless Voice Newspaper, which serves as a funding tool to employ homeless individuals and provide them with income. This initiative not only offers shelter to those in economic plight but also advocates for the homeless population and educates the public on the true nature of homelessness. By empowering those affected by homelessness to regain their self-esteem and sense of self-worth, The Cosac Foundation Inc is making a tangible difference in the lives of individuals and families in need.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,853
  • Program Service Revenue: $475,934
  • Gross Receipts: $660,635

    • Assets and Liabilities:
  • Total Assets: $980,040
  • Total Liabilities: $947,101
  • Net Assets: $32,939
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SERVICE INCOME

    Revenue

    $475,934

    Organization Details

    Founding Year

    1998

    Principal Officer

    Sean Cononie

    Main Address

    4611 S UNIVERSITY DR, DAVIE, FL, 33328

    NTEE Category

    Code: P50 - Human services

    If you are a representative of The Cosac Foundation 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.