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BAC Funding Corporation

MIAMI, FLEIN: 59-2196535Website

Data sourced from IRS 990 public filings

BAC Funding Corporation BAC Funding Corporation ("BAC or Corporation"), a nonprofit organization, is an outgrowth of the Business Revitalization Action Committee of the Greater Miami Chamber of Commerce ("GMCC"). BAC was formed in April 1982, to help stimulate the economic growth of Liberty City. The objective of BAC is to develop and expand new and existing businesses for minority group residents of Miami-Dade County, Florida. These objectives are met by extending credit to new and existing businesses within Miami-Dade County, Florida.

Local (City/County Level)
Workforce & Economic Opportunity
Direct Service Delivery
Racial/Ethnic Minorities
Low-Income/Economically Disadvantaged
Capacity Building & Technical Assistance
Community & Economic Development

Annual Revenue

$3,945,176

Known Funders

2

Grants Received

2

Financial History

YearRevenueExpensesAssets
2024$3,945,176$3,822,031$11,857,533
2023$3,941,761$3,586,080$13,069,445
2022$4,083,859$3,565,037$16,443,268
2021$4,831,785$4,923,562$17,927,247
2020$4,868,553$4,739,040$18,932,921
2019$967,641$755,794$19,990,222
2018$774,431$602,199$20,742,907
2017$848,043$704,309$21,690,681

Top Funders

$18,000 (2023)
$5,000 (2023)

Key Personnel

From 2024 IRS 990 filing

J

James Dillard

Director

M

Monique Haynes

Director

S

Sonless Martin

Director

P

Patrick Range II

Director

E

Eric Knowles

Director

V

Victor Padial

Director

R

Ricardo Forbes

Director

S

Stephen Johnson

Director

L

Linda Bryant

Director

M

Miguel Rasco

Director

Showing 10 of 15 key personnel.

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