Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1970.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
95 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
18 people listed on the 990; $129K paid to officers and key staff.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2022 | FY2021 |
|---|---|---|---|
| Beth Cicchetti | $122,905 | $129,104 | $122,639 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Promotes Florida's economic development via an annual conference and member newsletters.
Questions for Florida Economic Development Council
Your first name shows with your question. Florida Economic Development Council answers here, for everyone.
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The florida economic development council's (fedc) purpose is to advance economic development in the state of florida and enhance the professionalism of its 500 plus members through education, interaction and the exchange of information with businesses, government and all other interested organizations and persons.
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $201K | $168K |
| Total assetsLn 16 | $201K | $168K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $201K | $168K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Management feesLn 11a | $126K | $107K | $19K | |
| Legal feesLn 11b | $2K | $2K | ||
| Accounting feesLn 11c | $4K | $2K | $2K | |
| Lobbying feesLn 11d | $100 | $100 | ||
| Office expensesLn 13 | $2K | $2K | $25 | |
| Conferences, conventions and meetingsLn 19 | $314K | $314K | ||
| InsuranceLn 23 | $1K | $1K | ||
| Other expenses (24a–d)Ln 24 | $38K | $37K | $742 | |
| All other expensesLn 24e | $8K | $5K | $3K | |
| Total functional expensesLn 25 | $495K | $468K | $27K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $223K | $259K | −$36K | $156K | 990 PDF |
| FY2024 | $218K | $217K | $618 | $192K | 990 PDF |
| FY2023 | $206K | $183K | $23K | $191K | 990 PDF |
| FY2022 Viewing | $462K | $495K | −$33K | $168K | 990 PDF |
| FY2021 | $248K | $194K | $54K | $201K | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $462,492 revenue, 12 lines filed
Part VI · Governance 20 of 21 board members independent, 2 to look at
Part VIII · Statement of revenue $462,492 across 6 lines filed
Part IX · Statement of functional expenses $495,151 across 9 lines filed
Part X · Balance sheet $168,299 assets, 6 lines filed
Part XI · Reconciliation of net assets $168,299 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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