Nonprofits›Bac Funding Consortium Inc
Bac Funding Consortium Inc
MIAMI, FL
Total revenue
$235K
Total expenses
$132K
Net assets
$2.3M
Grants received
—
EIN
592425541
Tax year
2024
Mission
The Consortium was formed to offer an alternative method for financial institutions to participate in the economic revitalization of the African-American community.
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$230K
Investment income$231
Other revenue$5K
Total revenue$235K
Expenses
Grants paid—
Salaries & benefits—
Fundraising—
Other expenses$132K
Total expenses$132K
Total assets$2.3M
Net assets$2.3M
People
3 listed
NameRoleCompensation
Ronald Frazier
Chairman
Board
—
2 hrs/wk
Otto Latimer
Secretary
Board
—
2 hrs/wk
Miguel Rasco
Director
Board
—
1 hrs/wk
Details
EIN592425541
Subsection04
Ruling date1985-01
Formed1982
Employees0
Volunteers3