Dynamic Community Development Corporation
- Assets
- $173.5k
- Revenue
- $176.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Miami, FL
- Founding
- 02/2001
- Data as of
- 02/2022
- EIN
- 65-0984762
Organization Overview
Dynamic Community Development Corporation is located in Miami, FL. The organization was established in 2001. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 02/2022, Dynamic Community Development Corporation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dynamic Community Development Corporation 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 02/2022, Dynamic Community Development Corporation generated $176.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $164.3k during the year ending 02/2022. While expenses have increased by 1.0% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST SMALL BUSINESS AND RESIDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN CONJUCTION WITH THE FINANCIAL INSTITUTIONS AND MIAMI-DADE COUNTY'S ECONOMIC DEVELOPMENT OFFICES, ASSIST SMALL/WOMEN OWNED/MINORITY SMALL BUSINESSES WITH BUSINESS TECHNICAL ASSISTANCE FOR THE PURPOSE OF CREATION AND RETENTION OF JOBS FOR LOW AND MODERATE INCOME INDIVIDUALS IN MIAMI-DADE COUNTY, FL.
MICRO-ENTERPRISE PROGRAM: UNDER A CONTRACT WITH THE CITY OF MIAMI, DYNAMIC CDC OFFERED BUSINESS TECHNICAL ASSISTANCE TO 10 QUALIFYING BUSINESS IN LOW BUSINESS COMMUNITIES. THESE SERVICES INCLUDED UPDATING PERMITS AND LOCAL BUSINESS TAX, REFERRALS FOR INSURANCE, UPDATING STATE AND REGISTRATIONS, ETC.
HOME REPAIR PROGRAM: UNDER A CONTRACT WITH THE CITY OF MIAMI/LIBERTY CITY TRUST, DYNAMIC CDC CONDUCTED A HOME REPAIR PROGRAM AIMED TO HELP SENIOR HOMEOWNERS IN THE WYNWOOD NEIGHBORHOOD OF MIAMI REPAIR AND MANTAIN THEIR HOMES. SERVICES SUCH AS PAINTING, FENCING, ROOFING, AND PEST CONTROL WERE OFFERED- FREE OF COST- TO QUALIFYING HOMEOWNERS. DYNAMIC CDC HIRED THE CONTRACTORS AND WORKMEN AND INSPECTED THE WORK FOR QUALITY.
DONATION TO THE DOROTHY QUINTANA SENIOR ARTS PROGRAM WHICH PROVIDES INSTRUCTION IN ARTS AND CRAFTS, CELEBRATION OF HOLIDAYS AND OTHER SPECIAL EVENTS, LECTURES ON ISSUES OF IMPORTANCE TO SENIORS, ABD HEALTHY LUNCH TWICE A WEEK TO SENIORS LIVING ON FIXED INCOMES IN THE WYNWOOD NEIGHBORHOOD OF MIAMI. THIS PROGRAM IS HELD AT WYNWOOD'S ROBERTO CLEMENTE PARK AND MANAGED BY DYNAMIC CDC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mrluis DE Rosa Business Developer | Officer | 20 | $51,264 |
Mrsteven Zorn Chief Financial Officer | Officer | 16 | $24,225 |
Mr Sam Modzelewski Chairman | Trustee | 1 | $0 |
Mr Mathew Woods Director/member | Trustee | 1 | $0 |
Ms Christian Ramorez Director/member | Trustee | 1 | $0 |
Ms Nilda Alejandro Director/member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $133,495 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,077 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $176,572 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $176,572 |
| 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. | $75,489 |
| Compensation of current officers, directors, key employees. | $7,549 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,926 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,684 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $246 |
| Office expenses | $298 |
| Information technology | $1,329 |
| Royalties | $0 |
| Occupancy | $11,010 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,506 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,569 |
| All other expenses | $559 |
| Total functional expenses | $164,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,585 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $100,506 |
| 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 | $425 |
| Total assets | $173,516 |
| Accounts payable and accrued expenses | $14,604 |
| Grants payable | $0 |
| Deferred revenue | $63,515 |
| 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 | $33,915 |
| Other liabilities | $0 |
| Total liabilities | $112,034 |
| Net assets without donor restrictions | $61,482 |
| 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 | $173,516 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Dynamic Community Development Corporation has recieved totaling $12,770.
| Awarding Organization | Amount |
|---|---|
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $7,770 |
Hispanic Federation Inc New York, NY PURPOSE: EVENT SPONSORSHIP PUERTO RICAN SUMMIT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Csra Economic Opportunity Authority Inc Augusta, GA | $4,657,645 | $27,091,304 |
Neighborhood Improvement Project Inc Augusta, GA | $12,770,161 | $24,738,698 |
Action Pact Inc Waycross, GA | $10,194,672 | $25,026,911 |
Tallatoona Community Action Partnership Inc Cartersville, GA | $2,878,907 | $21,403,724 |
Macon Bibb County Economic Opportunity Council Inc Macon, GA | $9,862,743 | $18,330,804 |
Economic Opportunity For Savannah Chatham County Area Inc Savannah, GA | $8,523,279 | $14,850,530 |
Coastal Plain Area Economic Opportunity Authority Inc Valdosta, GA | $6,623,534 | $13,801,263 |
Tri-County Community Council Inc Bonifay, FL | $6,451,084 | $10,551,381 |
Community Action For Improvement Inc Lagrange, GA | $4,305,950 | $11,116,636 |
Action Ministries Inc Atlanta, GA | $1,217,329 | $6,005,144 |
Economic Opportunities Council Of Indian River County Inc Vero Beach, FL | $1,869,765 | $6,434,584 |
Grand Avenue Economic Community Development Corp Orlando, FL | $15,324,319 | $6,865,821 |