Civic Intelligence

Sunshine State Economic Development Corporation

990 • Fiscal year 2018 • EIN 59-2195483

Oct 01, 2017 to Sep 30, 2018 • Filed on Jan 31, 2019

Organization ProfileWWW.SUNSHINEEDC.COM

View Organization Page

14141 46th St North No 1206Clearwater, FL 33762

(800) 850-2504

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

49th percentile

0.15x

Higher debt load relative to assets than 49% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

78th percentile

0.76x

Higher debt load relative to revenue than 78% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

19th percentile

-9.1%

Higher net margin than 19% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

39th percentile

$98,991

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

31st percentile

-2.4%

Faster asset growth than 31% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

16th percentile

-14%

Faster revenue growth than 16% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$5,891,342

Down $145,702 (-2.4%) from 2017

Net Assets

Down

$5,006,097

Down $105,850 (-2.1%) from 2017

Liabilities

Down

$885,245

Down $39,852 (-4.3%) from 2017

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin19th percentile

Revenue

Down

$1,165,510

Down $196,952 (-14%) from 2017

Expenses

Down

$1,271,360

Down $44,171 (-3.4%) from 2017

Net Income

Down

-$105,850

Down $152,781 (-326%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $1,147,192Liabilities 2011: $192,132Net Assets 2011: $955,0602011Assets 2012: $1,185,201Liabilities 2012: $271,259Net Assets 2012: $913,9422012Assets 2013: $1,064,763Liabilities 2013: $166,183Net Assets 2013: $898,5802013Assets 2014: $1,605,580Liabilities 2014: $300,928Net Assets 2014: $1,304,6522014Assets 2015: $1,406,347Liabilities 2015: $195,145Net Assets 2015: $1,211,2022015Assets 2016: $6,034,343Liabilities 2016: $969,327Net Assets 2016: $5,065,0162016Assets 2017: $6,037,044Liabilities 2017: $925,097Net Assets 2017: $5,111,9472017Assets 2018: $5,891,342Liabilities 2018: $885,245Net Assets 2018: $5,006,0972018Assets 2019: $6,350,693Liabilities 2019: $954,952Net Assets 2019: $5,395,7412019Assets 2020: $9,820,697Liabilities 2020: $4,422,183Net Assets 2020: $5,398,5142020Assets 2021: $11,558,227Liabilities 2021: $5,077,309Net Assets 2021: $6,480,9182021Assets 2022: $6,634,562Liabilities 2022: $891,844Net Assets 2022: $5,742,7182022Assets 2023: $6,295,389Liabilities 2023: $853,688Net Assets 2023: $5,441,7012023Assets 2024: $6,294,286Liabilities 2024: $878,475Net Assets 2024: $5,415,8112024Assets 2025: $6,417,458Liabilities 2025: $913,741Net Assets 2025: $5,503,7172025

Highlighted filing

2018

Assets$5,891,342
Liabilities$885,245
Net Assets$5,006,097
Open 2018 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $668,458Expenses 2011: $844,123Net Income 2011: -$175,6652011Expenses 2012: $757,1312012Expenses 2013: $846,2872013Revenue 2014: $1,391,503Expenses 2014: $985,431Net Income 2014: $406,0722014Revenue 2015: $836,436Expenses 2015: $929,886Net Income 2015: -$93,4502015Revenue 2016: $1,316,017Expenses 2016: $1,154,888Net Income 2016: $161,1292016Revenue 2017: $1,362,462Expenses 2017: $1,315,531Net Income 2017: $46,9312017Revenue 2018: $1,165,510Expenses 2018: $1,271,360Net Income 2018: -$105,8502018Revenue 2019: $1,668,394Expenses 2019: $1,278,750Net Income 2019: $389,6442019Revenue 2020: $1,441,864Expenses 2020: $1,439,091Net Income 2020: $2,7732020Revenue 2021: $13,576,294Expenses 2021: $12,493,890Net Income 2021: $1,082,4042021Revenue 2022: $1,695,679Expenses 2022: $1,837,606Net Income 2022: -$141,9272022Revenue 2023: $1,502,127Expenses 2023: $1,803,144Net Income 2023: -$301,0172023Revenue 2024: $1,834,387Expenses 2024: $1,860,277Net Income 2024: -$25,8902024Revenue 2025: $2,052,117Expenses 2025: $1,964,211Net Income 2025: $87,9062025

Highlighted filing

2018

Revenue$1,165,510
Expenses$1,271,360
Net Income-$105,850
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Jan 31, 2019
Return Version
2017v2.3
Gross Receipts
$1,165,714
Mission and Program Overview

Mission

Economic development within the state of florida.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,704,407$3,022,548▲ $318,141
Savings and Temporary Cash Investments$1,154,976$738,338▼ $416,638
Cash and Non-Interest-Bearing Accounts$579,397$543,744▼ $35,653
Land, Buildings, and Equipment, Net$257,845$244,065▼ $13,780
Accounts Receivable$106,852$123,225▲ $16,373
Prepaid Expenses and Deferred Charges$34,375$20,230▼ $14,145
Total Assets$6,037,044$5,891,342▼ $145,702
Other Assets Total$1,199,192$1,199,192→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$721,781$674,772▼ $47,009
Deferred Revenue$92,596$120,321▲ $27,725
Accounts Payable and Accrued Expenses$101,494$80,926▼ $20,568
Other Liabilities$9,226$9,226→ $0
Total Liabilities$925,097$885,245▼ $39,852
Net Assets / Fund Balance
Unrestricted Net Assets$5,111,947$5,006,097▼ $105,850
Total Net Assets Fund Balance$5,111,947$5,006,097▼ $105,850
Total Liabilities and Net Assets / Fund Balance$6,037,044$5,891,342▼ $145,702

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$212,089$20,911-
Equipment$15,694$104,526-
Leasehold Improvements$16,282$7,956-
Other Assets Org$142,134--
Compensation and Service Providers
Top Officer Pay39th percentile

Employees

NameTitleFull / Part TimeBaseTotal
A Brooke MirendaPresident/CEOFT$98,991$98,991

Board Members and Trustees

NameTitle
James Edward NewtonChair
SHAN O'KEEFFEVice-chair
Armando RocheDirector
Brian HollidayDirector
Felix HaynesDirector
Irene HurstDirector
Jason RussekDirector
Lee Nelson EsqDirector
Robert LaplantDirector
Scott KuhnDirector
Veatrice FarrellDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$966,402
Investment Income
$182,473
Other Revenue
$16,635
Change in Net Assets
$-105,850

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,165,510
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,165,510
Total Revenue per Form 990
$1,165,510
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$941,139
Other Expenses$330,221
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$572,963$71,093-$644,056
Other Employee Benefits$104,269$12,756-$117,025
Current Officers, Directors, Trustees, and Key Employees$89,092$9,899-$98,991
Office Expenses$69,619$8,519-$78,138
Payroll Taxes$50,052$6,123-$56,175
Fees for Services Accounting$39,949$4,887-$44,836
Pension Plan Contributions$22,179$2,713-$24,892
Insurance$21,582$2,641-$24,223
Conferences and Meetings$20,480$2,506-$22,986
Travel$16,107$1,970-$18,077
Occupancy$15,720$1,923-$17,643
Other Expenses$15,517$1,898-$17,415
Depreciation Depletion$14,802$1,810-$16,612
Fees for Services Management$5,287$647-$5,934
Advertising$1,415$173-$1,588
Fees for Services Legal$631$77-$708
Total Functional Expenses$1,138,899$132,461$0$1,271,360

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,271,360
Total Expenses per Audited Statements$1,271,360
Total Expenses per Form 990$1,271,360
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest$9,226
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The president presents the form 990 to the board of directors for review before submitting.”

Form 990, Part VI, Section B, Line 12C

“Within the annual disclosure statement, it indicates that all actual and potential conflicts must be reported immediately to the company's president. In the case of an actual or potential conflict involving a senior officer or board member, the actual or potential conflict of interest must be reported to the president or chairman of the board of directors. In the event of a conflict, that person will recuse themselves from the discussion and vote.”

Form 990, Part VI, Section B, Line 15A

“The board of directors review the compensation of the organization's president. This process includes a review of comparability data and requires contemporaneous substantiation of the deliberation and is subject to the board or director's approval.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflicts of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Sunshine State Economic
EIN
59-2195483
Phone
8008502504
Address
14141 46TH ST NORTH NO 1206, CLEARWATER, FL 33762

Signing Officer

Name
A Brooke Mirenda
Title
CEO
Phone
8008502504
Signed
2019-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
A Brooke Mirenda
Formed
1982
Legal Domicile
Fl
Voting Board Members
12
Independent Board Members
11
Employees
12
Volunteers
11

Preparer

Firm
Rivero Gordimer & Company Pa
Address
P O BOX 172359, TAMPA, FL 33672
Preparer
Sam a Lazzara
Phone
8138757774
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process for oversight of the audit and selection of an independent accountant has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Sedco is not aware of any tax positions it has taken that are subject to a significant degree of uncertainty. Tax years after september 30, 2014 remain subject to examination by federal and state taxing authorities.”

Raw XML AppendixShowing 400 of 484 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0101494
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt080926
IRS990/AccountsReceivableGrp/BOYAmt0106852
IRS990/AccountsReceivableGrp/EOYAmt0123225
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE 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.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0173
IRS990/AdvertisingGrp/ProgramServicesAmt01415
IRS990/AdvertisingGrp/TotalAmt01588
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0A BROOKE MIRENDA
IRS990/BooksInCareOfDetail/PhoneNum07278288020
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt014141 46TH ST NORTH SUITE 1206
IRS990/BooksInCareOfDetail/USAddress/CityNm0CLEARWATER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033762
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0579397
IRS990/CashNonInterestBearingGrp/EOYAmt0543744
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt09899
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt089092
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt098991
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt02506
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt020480
IRS990/ConferencesMeetingsGrp/TotalAmt022986
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0182473
IRS990/CYOtherExpensesAmt0330221
IRS990/CYOtherRevenueAmt016635
IRS990/CYProgramServiceRevenueAmt0966402
IRS990/CYRevenuesLessExpensesAmt0-105850
IRS990/CYSalariesCompEmpBnftPaidAmt0941139
IRS990/CYTotalExpensesAmt01271360
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01165510
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt092596
IRS990/DeferredRevenueGrp/EOYAmt0120321
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01810
IRS990/DepreciationDepletionGrp/ProgramServicesAmt014802
IRS990/DepreciationDepletionGrp/TotalAmt016612
IRS990/Desc0SUNSHINE 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.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt012
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01138899
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04887
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt039949
IRS990/FeesForServicesAccountingGrp/TotalAmt044836
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt077
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0631
IRS990/FeesForServicesLegalGrp/TotalAmt0708
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0647
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt05287
IRS990/FeesForServicesManagementGrp/TotalAmt05934
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.10
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0A BROOKE MIRENDA
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES EDWARD NEWTON
IRS990/Form990PartVIISectionAGrp/PersonNm2SHAN O'KEEFFE
IRS990/Form990PartVIISectionAGrp/PersonNm3VEATRICE FARRELL
IRS990/Form990PartVIISectionAGrp/PersonNm4FELIX HAYNES
IRS990/Form990PartVIISectionAGrp/PersonNm5BRIAN HOLLIDAY
IRS990/Form990PartVIISectionAGrp/PersonNm6IRENE HURST
IRS990/Form990PartVIISectionAGrp/PersonNm7SCOTT KUHN
IRS990/Form990PartVIISectionAGrp/PersonNm8ROBERT LAPLANT
IRS990/Form990PartVIISectionAGrp/PersonNm9LEE NELSON ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm10ARMANDO ROCHE
IRS990/Form990PartVIISectionAGrp/PersonNm11JASON RUSSEK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt098991
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-204
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01165714
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02641
IRS990/InsuranceGrp/ProgramServicesAmt021582
IRS990/InsuranceGrp/TotalAmt024223
IRS990/InvestmentIncomeGrp/ExclusionAmt0182677
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0182677
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0133393
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0257845
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0244065
IRS990/LandBldgEquipCostOrOtherBssAmt0377458
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0204
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ECONOMIC DEVELOPMENT WITHIN THE STATE OF FLORIDA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0721781
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0674772
IRS990/NetAssetsOrFundBalancesBOYAmt05111947
IRS990/NetAssetsOrFundBalancesEOYAmt05006097
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-204
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-204
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01923
IRS990/OccupancyGrp/ProgramServicesAmt015720
IRS990/OccupancyGrp/TotalAmt017643
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08519
IRS990/OfficeExpensesGrp/ProgramServicesAmt069619
IRS990/OfficeExpensesGrp/TotalAmt078138
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01199192
IRS990/OtherAssetsTotalGrp/EOYAmt01199192
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt012756
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0104269
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0117025
IRS990/OtherExpensesGrp/Desc0INVESTMENT EXPENSES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2BUSINESS DEVELOPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02826
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11898
IRS990/OtherExpensesGrp/ProgramServicesAmt056135
IRS990/OtherExpensesGrp/ProgramServicesAmt123100
IRS990/OtherExpensesGrp/ProgramServicesAmt215517
IRS990/OtherExpensesGrp/TotalAmt056135
IRS990/OtherExpensesGrp/TotalAmt125926
IRS990/OtherExpensesGrp/TotalAmt217415
IRS990/OtherLiabilitiesGrp/BOYAmt09226
IRS990/OtherLiabilitiesGrp/EOYAmt09226
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt016635
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt016635
IRS990/OtherRevenueTotalAmt016635
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt071093
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0572963
IRS990/OtherSalariesAndWagesGrp/TotalAmt0644056
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02704407
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03022548
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06123
IRS990/PayrollTaxesGrp/ProgramServicesAmt050052
IRS990/PayrollTaxesGrp/TotalAmt056175
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02713
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt022179
IRS990/PensionPlanContributionsGrp/TotalAmt024892
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034375
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020230
IRS990/PrincipalOfficerNm0A BROOKE MIRENDA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0SERVICING FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0966402
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0966402
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0233184
IRS990/PYOtherExpensesAmt0358083
IRS990/PYOtherRevenueAmt08596
IRS990/PYProgramServiceRevenueAmt01120682
IRS990/PYRevenuesLessExpensesAmt046931
IRS990/PYSalariesCompEmpBnftPaidAmt0957448
IRS990/PYTotalExpensesAmt01315531
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01362462
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-105850
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0966402
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01154976
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0738338
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0199108
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0241780
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0279672
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt011652
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05316
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0737528
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0966402
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01120682
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01033475
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0810370
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0879244
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04810173
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0199108
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0241780
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0279672
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt011652
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05316
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0737528
IRS990ScheduleA/InvestmentIncomeCYPct00.13290
IRS990ScheduleA/InvestmentIncomePYPct00.10440
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.86710
IRS990ScheduleA/PublicSupportPY509Pct00.89560
IRS990ScheduleA/PublicSupportTotal509Amt04810173
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0966402
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01120682
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01033475
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0810370
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0879244
IRS990ScheduleA/Total509Grp/TotalAmt04810173
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01165510
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01362462
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01313147
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0822022
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0884560
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05547701
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0212089
IRS990ScheduleD/BuildingsGrp/DepreciationAmt020911
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0233000
IRS990ScheduleD/EquipmentGrp/BookValueAmt015694
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0104526
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0120220
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01271360
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt016282
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt07956
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt024238
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01057058
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1142134
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BUILDING HELD FOR SALE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1LAND - HELD FOR INVESTMENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09226
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01165510
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SEDCO IS NOT AWARE OF ANY TAX POSITIONS IT HAS TAKEN THAT ARE SUBJECT TO A SIGNIFICANT DEGREE OF UNCERTAINTY. TAX YEARS AFTER SEPTEMBER 30, 2014 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0244065
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01199192
IRS990ScheduleD/TotalExpensesPerForm990Amt01271360
IRS990ScheduleD/TotalLiabilityAmt09226
IRS990ScheduleD/TotalRevenuePerForm990Amt01165510
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01165510
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01271360
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT PRESENTS THE FORM 990 TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE SUBMITTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WITHIN THE ANNUAL DISCLOSURE STATEMENT, IT INDICATES THAT ALL ACTUAL AND POTENTIAL CONFLICTS MUST BE REPORTED IMMEDIATELY TO THE COMPANY'S PRESIDENT. IN THE CASE OF AN ACTUAL OR POTENTIAL CONFLICT INVOLVING A SENIOR OFFICER OR BOARD MEMBER, THE ACTUAL OR POTENTIAL CONFLICT OF INTEREST MUST BE REPORTED TO THE PRESIDENT OR CHAIRMAN OF THE BOARD OF DIRECTORS. IN THE EVENT OF A CONFLICT, THAT PERSON WILL RECUSE THEMSELVES FROM THE DISCUSSION AND VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEW THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT. THIS PROCESS INCLUDES A REVIEW OF COMPARABILITY DATA AND REQUIRES CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND IS SUBJECT TO THE BOARD OR DIRECTOR'S APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,891,342
Liabilities
$885,245
Net assets
$5,006,097
Revenue
$1,165,510
Expenses
$1,271,360
Net income
-$105,850
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.42$0.91$5.50$2.05$1.96$0.09
2024Detailed filing. Detailed filing data is available for this year.$6.29$0.88$5.42$1.83$1.86$0.03
2023Detailed filing. Detailed filing data is available for this year.$6.30$0.85$5.44$1.50$1.80$0.30
2022Detailed filing. Detailed filing data is available for this year.$6.63$0.89$5.74$1.70$1.84$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.6$5.08$6.48$13.6$12.5$1.08
2020Detailed filing. Detailed filing data is available for this year.$9.82$4.42$5.40$1.44$1.44$0.00
2019Detailed filing. Detailed filing data is available for this year.$6.35$0.95$5.40$1.67$1.28$0.39
2018Detailed filing. Detailed filing data is available for this year.$5.89$0.89$5.01$1.17$1.27$0.11
2017Detailed filing. Detailed filing data is available for this year.$6.04$0.93$5.11$1.36$1.32$0.05
2016Detailed filing. Detailed filing data is available for this year.$6.03$0.97$5.07$1.32$1.15$0.16
2015Summary only. Only limited summary data is available for this year.$1.41$0.20$1.21$0.84$0.93$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.61$0.30$1.30$1.39$0.99$0.41
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.17$0.90$0.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.27$0.91$0.76
2011Summary only. Only limited summary data is available for this year.$1.15$0.19$0.96$0.67$0.84$0.18