City Of Florence Public Facilities Corporation

Organization Overview

City Of Florence Public Facilities Corporation is located in Florence, SC. The organization was established in 2019. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, 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. City Of Florence Public Facilities 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 06/2022, City Of Florence Public Facilities Corporation generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 32.8% each year . All expenses for the organization totaled $17.1m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO FINANCE, CONSTRUCT, AND RENOVATE PUBLIC FACILITIES IN THE CITY OF FLORENCE, SOUTH CAROLINA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE FINANCING AND CONSTRUCTION OF PUBLIC FACILITIES


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Board, Officers & Key Employees

Name (title)Compensation
Randall S Osterman
President
$0
Charles E Pope
Vice-President
$0
Kevin V Yokim
Secretary/treasurer
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$2,298,604
Investment income $68,381
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 $2,366,985

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