Florida Community Partners Inc
- Assets
- $0.0
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- New Smyrna Beach, FL
- Founding
- 10/1991
- Data as of
- 09/2021
- EIN
- 59-3020738
Organization Overview
Florida Community Partners Inc is located in New Smyrna Beach, FL. The organization was established in 1991. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. Florida Community Partners 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 09/2021, Florida Community Partners Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 40.5% each year . All expenses for the organization totaled $1.1m during the year ending 09/2021. While expenses have increased by 35.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
PROVIDE ASSISTANCE IN THE FORMATION OF CAPITAL TO SUPPORT AFFORDABLE HOUSING AND OTHER RELATED COMMUNITY DEVELOPMENT INITIATIVES IN CENTRAL FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTRATION OF LOAN POOL; THE PROCEEDS OF WHICH WILL BE USED TO PROVIDE AFFORDABLE HOUSING TO LOW INCOME INDIVIDUALS LIVING IN ECONOMICALLY DISTRESSED AREAS.
PROVIDED ASSISTANCE TO LOCAL NONPROFIT ORGANIZATIONS WHOSE PRIMARY MISSIONS ARE TO PROVIDE AFFORDABLE HOUSING AND PROMOTE ECONOMIC DEVELOPMENT TO LOW INCOME INDIVIDUALS LIVING IN ECONOMICALLY DISTRESSED AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Nicholas Exec Directo | OfficerTrustee | $0 | |
Doug Krenzer Board Chairm | Trustee | $0 | |
Nancy Merolla Director | Trustee | $0 | |
Craig Ridinger Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,258,092 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,258,092 |
| Total Program Service Revenue | $61 |
| Investment income | $13 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$767 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,257,399 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $924,340 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $154,798 |
| Fees for services: Legal | $8,010 |
| Fees for services: Accounting | $20,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,874 |
| Information technology | $2,672 |
| Royalties | $0 |
| Occupancy | $4,649 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60 |
| Insurance | $10,320 |
| All other expenses | $120 |
| Total functional expenses | $1,127,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Florida Community Partners Inc has awarded $924,340 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Orlando, FL PURPOSE: COMMUNITY DEVELOPMEN | $200,000 |
Orlando, FL PURPOSE: COMMUNITY DEVELOPMEN | $200,000 |
Orlando, FL PURPOSE: COMMUNITY DEVELOPMEN | $200,000 |
Orlando, FL PURPOSE: COMMUNITY DEVELOPMEN | $200,000 |
Orlando, FL PURPOSE: COMMUNITY DEVELOPMEN | $124,340 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Florida Community Partners Inc has recieved totaling $1,258,092.
| Awarding Organization | Amount |
|---|---|
Florida Community Capital Corporation New Smyrna Beach, FL PURPOSE: DISTRIBUTE TO 501(C) | $1,258,092 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Habitat For Humanity Of Collier County Inc Naples, FL | $122,499,137 | $30,188,706 |
I M Sulzbacher Center For The Homeless Inc Jacksonville, FL | $19,053,781 | $20,126,235 |
Housing Partnership Inc Riviera Beach, FL | $13,058,186 | $17,518,413 |
Big Canoe Property Owners Association Inc And Subsidiary Big Canoe, GA | $48,180,026 | $19,159,834 |
Opa-Locka Community Development Corporation Inc Opa Locka, FL | $85,273,967 | $19,527,204 |
Orlando Neighborhood Improvement Corporation Inc Orlando, FL | $57,656,701 | $16,159,756 |
Habitat For Humanity International Inc Tampa, FL | $16,516,073 | $18,669,195 |
Jerusalem House Inc Atlanta, GA | $4,358,598 | $7,877,090 |
Habitat For Humanity International Inc Jacksonville, FL | $26,227,920 | $12,923,898 |
Greater Birmingham Habitat For Humanity Inc Fairfield, AL | $36,123,846 | $9,151,776 |
American Opportunity Foundation Atlanta, GA | $34,585,201 | $5,667,158 |
Recovery Place Community Services Inc Savannah, GA | $2,985,458 | $7,587,530 |