Facap
- Assets
- $111.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Lauderdale, FL
- Founding
- 08/1977
- Data as of
- 12/2021
- EIN
- 59-1743445
Organization Overview
Facap is located in Fort Lauderdale, FL. The organization was established in 1977. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Facap 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 12/2021, Facap generated $3.6k 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 (26.8%) each year. All expenses for the organization totaled $18.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Collum Vice President - Hours As Needed | 2 | $0 | |
Todd Jameson Treasurer - Hours As Needed | 2 | $0 | |
Kevin Hays President - Hours As Needed | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,588 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,600 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $491 |
| Printing, publications, postage, and shipping | $2,167 |
| Other expenses | $15,718 |
| Total expenses | $18,376 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $111,305 |
| Other assets | $0 |
| Total assets | $111,305 |
| Total liabilities | $0 |
| Net assets or fund balances | $111,305 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jacksonville Regional Chamber Of Commerce Inc Jacksonville, FL | $9,462,619 | $9,572,618 |
Orlando Economic Partnership Inc Orlando, FL | $7,838,258 | $8,634,020 |
Florida Chamber Of Commerce Tallahassee, FL | $11,287,883 | $6,720,102 |
The Economic Development Partnership Of Alabama Inc Birmingham, AL | $16,193,879 | $5,250,949 |
Gwinnett Chamber Of Commerce Inc Duluth, GA | $6,627,911 | $6,072,892 |
Jacksonville And The Beaches Convention & Visitors Bureau Inc Jacksonville, FL | $1,089,102 | $5,103,594 |
Better Business Bureau Of Palm Beach County Inc West Palm Beach, FL | $4,183,669 | $5,496,948 |
Florida Rv Trade Association Riverview, FL | $9,475,092 | $4,511,413 |
American Culinary Federation Inc Jacksonville, FL | $1,583,734 | $3,913,751 |
Alabama Association Of Realtors Inc Montgomery, AL | $13,443,262 | $4,436,366 |
Emerald Coast Association Of Realtors Inc Fort Walton Beach, FL | $6,134,471 | $4,007,823 |
Broward Alliance Inc Fort Lauderdale, FL | $2,535,901 | $3,714,297 |