Lake Okeechobee Regional Economicalliance Of Palm Beach County Inc
- Assets
- $42.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pahokee, FL
- Founding
- 10/2007
- Data as of
- 12/2021
- EIN
- 20-5895168
Organization Overview
Lake Okeechobee Regional Economicalliance Of Palm Beach County Inc is located in Pahokee, FL. The organization was established in 2007. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Okeechobee Regional Economicalliance Of Palm Beach County Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Lake Okeechobee Regional Economicalliance Of Palm Beach County Inc generated $17.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $57.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE ECONOMIC DEVELOPMENT IN THE LAKE OKEECHOBEE AREA
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donia Roberts President | 15 | $0 | |
Tammy Jackson-Moore Secretary | 3 | $0 | |
Corey Miller Treasurer | 2 | $0 | |
Robert Rease Director | 2 | $0 | |
Basore Myles Director | 1 | $0 | |
Lomax Harrelle Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,099 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,113 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,000 |
| Occupancy, rent, utilities, and maintenance | $4,614 |
| Printing, publications, postage, and shipping | $367 |
| Other expenses | $46,372 |
| Total expenses | $57,353 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,191 |
| Other assets | $0 |
| Total assets | $42,191 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,191 |
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