Function Collective Inc

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

EIN: 843653059 ✦ Miami, FL ✦ Designated as a 501(c)(6)

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Overview

What is Function Collective Inc?

Function Collective Inc is a nonprofit organization situated in Miami, dedicated to enhancing the environment for early-stage investing businesses. By operating as an urban, community economic development organization, they strive to uplift this specific sector within the city. The exact activities or mission description was not provided; however, it can be inferred that their primary goal is to contribute positively to the growth and success of early-stage businesses in Miami.


Official website here: www.https//function.vc

Is Function Collective Inc legitimate?

Function Collective Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Function Collective Inc submitted a form 990EZ, 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.


Official website here: www.https//function.vc

What is the mission statement of Function Collective Inc?

Function Collective Inc, as an urban community economic development organization, strives to enhance the conditions for early-stage businesses seeking investment opportunities. The mission of this organization is centered around fostering growth and development within the investing sector, contributing to a thriving business environment. By focusing on early-stage businesses, Function Collective Inc plays a crucial role in nurturing innovative ideas and entrepreneurship, ultimately stimulating economic growth and development.


Official website here: www.https//function.vc

Who is the CEO of Function Collective Inc?

Monica Simo Black is the President of Function Collective Inc.


Official website here: www.https//function.vc

What is the revenue of Function Collective Inc?

Function Collective Inc's revenue in 2022 was $24,201.


Official website here: www.https//function.vc

Who are the executives of Function Collective Inc and what are their salaries?


There is 1 key member and their salary:


Monica Simo Black (President)
  • Compensation: $18,422
  • Related: $0
  • Other: $0


Official website here: www.https//function.vc

Where can I find the form 990EZ for Function Collective Inc?

Function Collective Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.https//function.vc

Learn more at the official website: www.https//function.vc

Mission Statement of Function Collective Inc

Function Collective Inc, as an urban, community economic development organization, is dedicated to enhancing the conditions for early-stage investing businesses in an unspecified location. Their mission revolves around improving the environment for these businesses, contributing to the overall growth and development of the investing sector within the community. By focusing on early-stage businesses, Function Collective Inc aims to foster innovation and encourage entrepreneurship, ultimately benefiting the local economy.

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Impact




October, 2024

Function Collective Inc plays a pivotal role in enhancing the landscape for early-stage investing businesses in Miami. Through its focus on urban and community economic development, it fosters an environment where entrepreneurs can thrive. By addressing the unique challenges faced by emerging businesses, Function Collective promotes essential resources and support systems that not only aid in the growth of individual startups but also contribute to the overall vitality of the local economy. This initiative aims to create a robust ecosystem that encourages innovation, collaboration, and sustainable development, ultimately leading to improved community conditions and enhanced opportunities for residents and businesses alike.




This information is meant to be a general summary of Function Collective 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
$24,201 (2022)
Expenses
$41,183 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $24,201

Assets and Liabilities:

  • Total Assets: $3,113
  • Total Liabilities: $0
  • Net Assets: $3,113

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Organization Details

Principal Officer

Monica Simo Black

Main Address

1900 SW 2nd Ave, Miami, FL, 33129

NTEE Category

Code: S41 - Community improvement

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