Secured Finance Network South Florida Chapter Inc
- Assets
- $28.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- Data as of
- 12/2023
- EIN
- 84-2352948
Organization Overview
Secured Finance Network South Florida Chapter Inc is located in Boca Raton, FL. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Secured Finance Network South Florida Chapter Inc 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 12/2023, Secured Finance Network South Florida Chapter Inc generated $64.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $51.7k during the year ending 12/2023. While expenses have increased by 23.2% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
MONTHLY MEETINGS OF THE CHAPTER
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Palmer President | 2 | $0 | |
Danny Krasna Vice President | 1 | $0 | |
Robert Harbers Treasurer | 1 | $0 | |
Roger Welker Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,000 |
| Total Program Service Revenue | $40,469 |
| Membership dues | $5,850 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,319 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,095 |
| Other expenses | $50,062 |
| Total expenses | $51,657 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,345 |
| Other assets | $0 |
| Total assets | $28,345 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,345 |