nonprofit logo

Florida Economic Consortium Inc

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

EIN: 815028882 ✦ Altamonte springs, FL ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Florida Economic Consortium Inc?

Florida Economic Consortium Inc is a nonprofit organization located at 299 Loraine Drive STE 1001, Altamonte Springs, FL 32714. Its primary mission is to enhance the lives of individuals in underserved communities, offering a wide range of self-help services, including education, vocational training, and healthcare. Specifically, they provide mentoring and tutoring services to youth residing in low-income areas who have not been involved with delinquency services, helping them maintain strong academic performance. With a team of five dedicated individuals, Florida Economic Consortium Inc aims to improve the overall quality of life for young and elderly residents in these underserved communities.

Is Florida Economic Consortium Inc legitimate?

Florida Economic Consortium Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Economic Consortium 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: $60,943

For more financial information, click here

What is the mission statement of Florida Economic Consortium Inc?

The Florida Economic Consortium's mission is centered around enhancing the lives of individuals in underserved communities, both young and elderly. This is achieved through the integration of self-help services, extending beyond education, vocation, and healthcare. The primary goal is to improve the overall quality of life in these communities. The organization has demonstrated success in providing mentoring and tutoring services to youth residing in low-income areas, ensuring their academic progress and avoiding delinquency issues.

Who is the CEO of Florida Economic Consortium Inc?

Roderick Love is the President of Florida Economic Consortium Inc.

What is the revenue of Florida Economic Consortium Inc?

Florida Economic Consortium Inc's revenue in 2021 was $396,376.

Who are the executives of Florida Economic Consortium Inc and what are their salaries?

The average compensation at Florida Economic Consortium Inc during 2021 was $12,189. There are 5 employees at Florida Economic Consortium Inc.


Here are 6 key members and their salaries:


Roderick Love (President)
  • Compensation: $45,759
  • Related: $0
  • Other: $0
Lorraine Powell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Mcneely (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard King (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Barber (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rikiese King (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Florida Economic Consortium Inc?

Florida Economic Consortium Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Florida Economic Consortium Inc

The Florida Economic Consortium, a nonprofit organization, is committed to enhancing the lives of individuals residing in underserved communities. Their mission lies in integrating various self-help services, encompassing educational, vocational, and healthcare sectors. The primary goal is to uplift the quality of life for both the young and the elderly in these communities. Through their initiatives, they aim to empower these individuals and foster a sense of improvement and growth in their daily lives.

In line with this mission, the Florida Economic Consortium has demonstrated success in providing mentoring and tutoring services to youth residing in low-income communities. These youth, who have not been referred to delinquency services, have significantly improved their academic performance, as evidenced in the 2021 cycle. This achievement is a testament to the organization's ability to positively impact the lives of those it serves, thereby enhancing their overall quality of life.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Florida Economic Consortium Inc plays a significant role in enhancing the quality of life for individuals in underserved communities, particularly focusing on both youth and elderly populations. By providing integrated self-help services encompassing educational, vocational, and healthcare resources, the Consortium addresses critical needs in these communities.

One of the notable impacts of FEC is its mentoring and tutoring initiatives, which have successfully supported youth in low-income areas. Through these programs, many young people have avoided referrals to delinquency services and have excelled academically, as evidenced by outcomes in the 2021 cycle. This focus on education not only empowers youth to achieve their potential but also contributes to long-term community stability and improvement.

In Altamonte Springs, FL, the Florida Economic Consortium Inc serves as a pivotal resource, fostering resilience and self-sufficiency among its participants. By empowering individuals with the tools and skills they need to succeed, FEC is actively improving not just individual lives but the broader fabric of the community.




This information is meant to be a general summary of Florida Economic Consortium 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.

Revenue
$396,376 (2021)
Expenses
$307,701 (2021)
Efficiency

Other financial information:

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

  • Gross Receipts: $396,376

Assets and Liabilities:

  • Total Assets: $88,675
  • Total Liabilities: $0
  • Net Assets: $88,675

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2017

Principal Officer

Roderick Love

Main Address

299 LORAINE DRIVE STE 1001, Altamonte Springs, FL, 32714

NTEE Category

Code: S20 - Community improvement

If you are a representative of Florida Economic Consortium 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.