FLORIDA COMMUNITY DEVELOPMENT CORPORATION

EIN: 475277831 501(c)(3) Community Improvement

MIRAMAR, FL

Total Revenue
$175,079
Total Expenses
$192,271
Total Assets
$5,697,650
Net Assets
$5,689,251
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
FL
Principal Officer
STEPHANIE WILLIAMS - BALDWIN
Phone
3053328180
Tax Period
2024-01-01 to 2024-12-31

FLORIDA COMMUNITY DEVELOPMENT CORPORATION, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $175K in total revenue in fiscal year 2024. Revenue fell 95% from the prior year — a significant decline worth monitoring. Net assets of $5.7M represent 390 months of operating reserves.

Mission

To foster provide and maintain housing services and social services to very low low and moderate income indiuviduals and families and in furtherance thereof the corporation may carry out specific activities including without lijitation; 1 acuiring real estate: 2 developing and costructing comercial and residential real estate: and 3 delivering ancillary services to support underserved populations.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

The organization did notundertake any significant program services during 2023 and had no program income.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $74,000
Program Service Revenue $0
Investment Income $21,079
Other Revenue $80,000
TOTAL REVENUE $175,079

Expense Breakdown

Grants Paid $0
Salaries & Benefits $116,666
Fundraising Expenses $0
Program Expenses $0
Other Expenses $75,605
TOTAL EXPENSES $192,271

Year-over-Year Comparison

2024 2023 Change
Revenue $175,079 $3,441,234 -0.9%
Expenses $192,271 $194,162 0.0%
Net Income $-17,192 $3,247,072 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
N/A
Employees
1
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$108,450
Total Directors
4
$108,450
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Williams-Baldwin Stephanie Pres Director Secretary 21.00
Officer Director
$0 $0 $0
Cowins Williams Jessie Vice Pres 6.00
Director
$0 $0 $0
Baldwin Jasmine CEO dir 50.00
Officer Director
$0 $0 $108,450
Wallace Janelle N Director 3.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $175,079 $192,271 $5,697,650 $-17,192
2023 $3,441,234 $194,162 $5,724,706 $3,247,072
2022 $98,969 $61,497 $2,469,605 $37,472
2021 $98,006 $201,105 $2,982,490 $-103,099
2020 $34,900 $127,351 $3,081,683 $-92,451
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