South Florida Manufacturers Association<executive Office Pk St is located in Fort Lauderdale, FL. The organization was established in 1974. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, South Florida Manufacturers Association<executive Office Pk St employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Florida Manufacturers Association<executive Office Pk St is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, South Florida Manufacturers Association<executive Office Pk St generated $430.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $375.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE MANUFACTURERS THROUGH ADVOCACY, NETWORKING AND RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCACY-EACH YEAR, IN CONCERT WITH OTHER REGIONAL MANUFACTURERS ASSOCIATIONS, LEGISLATIVE CHANGES ARE SELECTED FOR THE MANUFACTURING INDUSTRY, HIGHLIGHTING ITEMS OF INTEREST TO THE MANUFACTURING INDUSTRY. THIS YEAR ONE OF THE GOALS IS TO ELIMINATE THE BUSINESS RENT SALES TAX.
NETWORKING-SFMA HOLDS A NUMBER OF POPULAR NETWORKING EVENTS WHICH INCLUDE: -PLANT TOURS -SOCIALS -GOLF TOURNAMENT -RECOGNITION OF EXCELLENCE AWARDS BANQUET -ANNUAL MEETINGWORKFORCE DEVELOPMENT-FINDING A QUALIFIED WORKFORCE IS ALWAYS A CHALLENGE FOR MANUFACTURERS HERE IN SOUTH FLORIDA. SFMA HELPS MEMBERS BY PROVIDING TRAINING, GRANT ASSISTANCE, JOB FAIRS, NETWORKING AND MUCH MORE.TRAINING AND IMPLEMENTATION-THE SFMA'S MANUFACTURERS TRAINING INSTITUTE (MTI) SPECIALIZES IN THE DEVELOPMENT AND DELIVERY OF TECHNICAL AND EMPLOYABILITY SKILLS TRAINING OFFERING ONSITE AND OPEN ENROLLMENT CLASSES.GRANT ASSISTANCE-THE SFMA ASSISTS MEMBERS IN PROCURING GRANT DOLLARS TO OFFSET TRAINING COSTS. IN ONE YEAR ALONE, IT HELPED MEMBERS OBTAIN MORE THAN $500,000 IN GRANT DOLLARS.FLORIDAMAKES-AS PART OF THE MEMBERSHIP, THE SFMA'S MANUFACTURING MEMBERS RECEIVE SOME FLORIDAMAKES BUSINESS ADVISORY SERVICES FOR FREE OR AT SPECIALLY REDUCED MEMBER RATES. FLORIDAMAKES' SOLE MISSION IS TO STRENGTHEN AND ADVANCE FLORIDA'S ECONOMY BY IMPROVING THE COMPETITIVENESS, PRODUCTIVITY, AND TECHNOLOGICAL PERFORMANCE OF ITS MANUFACTURING SECTOR. THE SFMA SUPPORTS THEIR MISSION BY PARTNERING TO PROVIDE SERVICES AND SOLUTIONS TO OUR MANUFACTURERS FOCUSED ON THREE PRINCIPLE VALUE STREAMS: TECHNOLOGY ADOPTION, TALENT DEVELOPMENT, AND BUSINESS GROWTH. CONTACT MICAH DAUGHERTY, THE SFMA'S BUSINESS ADVISOR AT 954-655-9698 AND MICAH.DAUGHERTY@FLORIDAMAKES.COM.JOB FAIRS-THE SFMA FROM TIME-TO-TIME PARTNERS WITH LOCAL WORKFORCE DEVELOPMENT BOARDS TO HOST COUNTYWIDE JOB FAIRS FOR MEMBERS FOR RECRUITING. THE SFMA OCCASSIONALLY WILL HOST A JOB FAIR AT A MEMBER THAT IS DOWNSIZING AND WANTS THEIR EMPLOYEES TO FIND NEW EMPLOYMENT AND DOWNSIZING.
TRAINING AND IMPLEMENTATION-THE SFMA MANUFACTURERS TRAINING INSTITUTE (MTI) SPECIALIZES IN THE DEVELOPMENT AND DELIVERY OF TECHNICAL AND EMPLOYABILITY SKILLS TRAINING OFFERING ONSITE AND OPEN ENROLLMENT CLASSES.GRANT ASSISTANCE-THE SFMA ASSISTS MEMBERS IN PROCURING GRANT DOLLARS TO OFFSET TRAINING COSTS. THE SFMA, IN PARTNERSHIP WITH FLORIDAMAKES, ASSISTED MEMBERS IN THE DEVELOPMENT OF TRAINING PLANS VALUED AT $2.1 MILLION, AND RESPECTFULLY SECURED OVER $1.0 MILLION IN GRANT FUNDING FOR THAT TRAINING FROM CAREERSOURCE FLORIDA. FLORIDAMAKES-FLORIDAMAKES IS A STATEWIDE, INDUSTRY-LED, PUBLIC-PRIVATE PARTNERSHIP. THEIR SOLE MISSION IS TO STRENGTHEN AND ADVANCE FLORIDA'S ECONOMY BY IMPROVING THE COMPETITIVENESS, PRODUCTIVITY, AND TECHNOLOGICAL PERFORMANCE OF ITS MANUFACTURING SECTOR. THE SFMA IS THE OFFICIAL REPRESENTATIVE OF THE FLORIDAMAKES NETWORK IN SOUTH FLORIDA. THE SFMA SUPPORTS THEIR MISSION BY PARTNERING TO PROVIDE SERVICES AND SOLUTIONS TO OUR MANUFACTURERS FOCUSED ON THREE PRINCIPLE VALUE STREAMS: TECHNOLOGY ADOPTION, TALENT DEVELOPEMENT, AND BUSINESS GROWTH. AS OF QUARTER 2 OF 2021, THE ECONOMIC IMPACT TO THE SOUTH FLORIDA REGION WAS $1.5 BILLION DOLLARS. CONTACT MICAH DAUGHERTY, THE SFMA'S BUSINESS ADVISOR AT 954-655-9698 AND MICAH.DAUGHERTY@FLORIDAMAKES.COM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matthew Rocco President | OfficerTrustee | 40 | $103,213 |
Jim Birch Past Chairman | OfficerTrustee | 2 | $0 |
Luis Gonzalez-Mendez Chair | OfficerTrustee | 2 | $0 |
Teri Kaye Treasurer | OfficerTrustee | 2 | $0 |
Ana Maria Sasmiresan Vice Chair - Service | OfficerTrustee | 2 | $0 |
Donna Bean Vice Chair - Manufacturing | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $198,305 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $198,305 |
Total Program Service Revenue | $230,625 |
Investment income | $138 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $430,519 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $103,213 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $25,660 |
Pension plan accruals and contributions | $3,354 |
Other employee benefits | $25,818 |
Payroll taxes | $8,770 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $17,108 |
Advertising and promotion | $28,004 |
Office expenses | $8,240 |
Information technology | $10,378 |
Royalties | $0 |
Occupancy | $3,045 |
Travel | $101 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $115,103 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $8,798 |
All other expenses | $0 |
Total functional expenses | $375,157 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $97,178 |
Savings and temporary cash investments | $200,104 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $297,282 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $83,643 |
Total liabilities | $83,643 |
Net assets without donor restrictions | $213,639 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $297,282 |
Over the last fiscal year, we have identified 1 grants that South Florida Manufacturers Association<executive Office Pk St has recieved totaling $38,133.
Awarding Organization | Amount |
---|---|
Floridamakes Inc Orlando, FL PURPOSE: TRADE GRANT ACTIVITIES | $38,133 |
Organization Name | Assets | Revenue |
---|---|---|
North American Electric Reliabilitycorporation Atlanta, GA | $65,227,333 | $81,782,902 |
Gsma Ltd Atlanta, GA | $262,728,803 | $123,320,595 |
Institute Of Internal Auditors Lake Mary, FL | $101,351,692 | $59,361,984 |
Florida Association Of Realtors Orlando, FL | $96,568,925 | $47,578,542 |
Southern Motor Carriers Association Inc Peachtree City, GA | $87,365,051 | $35,375,343 |
American Welding Society Inc Miami, FL | $147,619,451 | $41,705,708 |
American Society Of Heating Refrigerating & A-C Engineers Peachtree Corners, GA | $58,779,760 | $22,960,689 |
Gwinnett Convention And Visitors Bureau Inc Duluth, GA | $29,610,598 | $21,705,089 |
Icamr Inc Neocity, FL | $16,807,579 | $18,482,877 |
Nassau-Paradise Island Promotion Board Ltd Plantation, FL | $7,848,897 | $14,831,769 |
Asian American Hotel Owners Association Atlanta, GA | $22,232,306 | $14,292,123 |
Osceola Convention And Visitors Bureau Inc Kissimmee, FL | $12,721,814 | $18,220,107 |