Florida Transit Association Finance Corporation
- Assets
- $316.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tallahassee, FL
- Founding
- 02/1996
- Data as of
- 06/2024
- EIN
- 59-3347123
Organization Overview
Florida Transit Association Finance Corporation is located in Tallahassee, FL. The organization was established in 1996. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Transit Association Finance Corporation 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 06/2024, Florida Transit Association Finance Corporation generated $36.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $36.6k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 9 years. 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 |
|---|---|---|---|
Jesus Gomez President | 0 | $0 | |
Karen Deigl Vice Preside | 0 | $0 | |
Vacant Secretary/tr | 0 | $0 | |
Tony Brandin Ex-Officio D | 0 | $0 | |
Cleveland Ferguson Director | 0 | $0 | |
Clinton Forbes Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $29,500 |
| Membership dues | $0 |
| Investment income | $7,135 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,635 |
| 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 | $10,164 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,412 |
| Total expenses | $36,576 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $314,899 |
| Other assets | $0 |
| Total assets | $316,899 |
| Total liabilities | $320 |
| Net assets or fund balances | $316,579 |