Sunshine State Economic Development Corp
Sunshine State Economic Development Corp
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About this organization
Mission
The organization was established as a private, community-based nonprofit corporation. The organization's primary objective is to further the economic and social welfare of small business in the region and state of Florida by providing assistance in obtaining long-term financing, as well as educating small business community groups, economic development organizations and lenders as to the availability of other lending and economic development programs.
About
Sunshine State Economic Development Corporation (SEDCO) assists small businesses, as defined by the small business administration, in obtaining loans to either expand their business or refinance existing previously obtained debt. In addition, SEDCO, through the use of its internally generated fund, operates a program designed to foster women and minority based business.
Interesting data from their 2020 990 filing
The filing documents outline the non-profit's mission as “Economic development within the state of florida.”.
When outlining the tasks it performs, they were referred to as: “The organization was established as a private, community-based nonprofit corporation. the organization's primary objective is to further the economic and social welfare of small business in the region and state of florida by providing assistance in obtaining long-term financing, as well as educating small business community groups, economic development organizations and lenders as to the availability of other lending and economic development programs.”.
- The non-profit's reported state of operation is FL as per legal requirements.
- The filing reveals that the address of the non-profit in 2020 is 14141 46TH ST NORTH NO 1206, CLEARWATER, FL, 33762.
- As of 2020, the non-profit has 12 employees reported on their 990 form.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $389,644.
- The organization has 14 independent voting members.
- The organization was formed in 1982.
- The organization pays $1,012,230 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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