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City Of Florence Public Facilities Corporation

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

EIN: 823357924 ✦ Florence, SC ✦ Designated as a 501(c)(3)

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Overview

What is City Of Florence Public Facilities Corporation?

The City of Florence Public Facilities Corporation is a nonprofit organization situated in Florence, South Carolina. With a primary focus on financing, they contribute to the construction and renovation of public facilities within the city. Their mission is to enhance the local infrastructure, thereby serving the community by providing essential public services. The organization operates from 324 W Evans St, offering financial support and overseeing the transformation of various public facilities in the area.

Is City Of Florence Public Facilities Corporation legitimate?

City Of Florence Public Facilities Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. City Of Florence Public Facilities Corporation 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 City Of Florence Public Facilities Corporation?

The City of Florence Public Facilities Corporation's mission is centered around financing, constructing, and renovating public facilities. This organization plays a crucial role in improving and upgrading public spaces, contributing to the betterment of various community facilities. By providing financing and construction services, it enables the creation of necessary infrastructure, thereby enhancing the overall quality of public life.

Who is the CEO of City Of Florence Public Facilities Corporation?

Randall S Osterman is the President of City Of Florence Public Facilities Corporation.

What is the revenue of City Of Florence Public Facilities Corporation?

City Of Florence Public Facilities Corporation's revenue in 2023 was $2,312,137.

Who are the executives of City Of Florence Public Facilities Corporation and what are their salaries?


Here are 3 key members and their salaries:


Randall S Osterman (President)
  • Compensation: $0
  • Related: $199,495
  • Other: $0
Charles E Pope (Vice-President)
  • Compensation: $0
  • Related: $121,186
  • Other: $0
Kevin V Yokim (Secretary/Treasurer)
  • Compensation: $0
  • Related: $119,281
  • Other: $0
Where can I find the form 990 for City Of Florence Public Facilities Corporation?

City Of Florence Public Facilities Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of City Of Florence Public Facilities Corporation

The City of Florence Public Facilities Corporation is dedicated to a crucial mission. This mission involves financing, constructing, and renovating public facilities within its sphere of influence. By providing financing and overseeing the construction and renovation of public facilities, this organization contributes significantly to the community it serves. Its activities aim to enhance the quality of public spaces, ensuring they remain functional and up-to-date, thereby improving the overall living standards for the community.

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Impact




October, 2024

The City of Florence Public Facilities Corporation plays a crucial role in enhancing the quality of life for residents by financing, constructing, and renovating public facilities in Florence, South Carolina. This organization focuses on community improvement, enabling the development of vital infrastructure that supports educational, recreational, and civic needs. By facilitating the construction and renovation of these facilities, the Corporation contributes to the overall growth and sustainability of the community, fostering economic development and improving public services. This impact is felt across various sectors, enhancing accessibility and engagement for citizens and attracting visitors to the city. Through its efforts, the City of Florence Public Facilities Corporation helps create a more vibrant and functional community space for all residents.




This information is meant to be a general summary of City Of Florence Public Facilities 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
$2,312,137 (2023)
Expenses
$3,709,402 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $14,713
  • Program Service Revenue: $2,297,424
  • Gross Receipts: $2,312,137

Assets and Liabilities:

  • Total Assets: $13,244,238
  • Total Liabilities: $36,568,173
  • Net Assets: -$23,323,935

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Programs

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

INSTALLMENT PURCHASE A

Revenue

$2,297,424

Organization Details

Founding Year

2017

Principal Officer

Randall S Osterman

Main Address

324 W EVANS ST, FLORENCE, SC, 29501

NTEE Category

Code: S02 - Community improvement

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