Florida Redevelopment Association INC FY2022 filing

Not tax-deductible

Tallahassee, FL501(c)(6)Since 1974Mutual / membership EIN 59-2088898Revenue $535K in FY2022

On file with the IRSredevelopment.net301 S Bronough St Ste 300, 32301-1722 · Tallahassee, FLTax-exempt since Jun 1981

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Fra is a not-for-profit organization dedicated to assisting Florida professionals and volunteers in community revitalization efforts. With its mission of transforming spaces, revitalizing places, fra is committed to providing a forum for its more than 300 members to share knowledge and common experiences regarding revitalization opportunities and issues throughout Florida. Fra encourages adoption of legal and financial tools and programs favorable to community growth and serves as a statewide clearinghouse for Redevelopment information.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $48K a year · 9% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
19 mo
of spending, in cash
Looks good: 18.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$272K
38% of total assets
Looks good: liabilities are 38% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$535K
+84% vs prior year
Spent
$426K
Net assets
$439K
By yearFY2020–FY2025
Revenue
$535K
FY2022▲ +84%
Tap a bar for its year
Revenue by fiscal year
FY2020$481K
FY2021$290K
FY2022$535K
FY2023$567K
FY2024$582K
FY2025$629K
Expenses
$426K
FY2022▲ +35%
Tap a bar for its year
Expenses by fiscal year
FY2020$463K
FY2021$316K
FY2022$426K
FY2023$431K
FY2024$566K
FY2025$595K
Net assets
$439K
FY2022▲ +33%
Tap a bar for its year
Net assets by fiscal year
FY2020$355K
FY2021$329K
FY2022$439K
FY2023$575K
FY2024$591K
FY2025$625K

From the FY2022 Form 990 (year ending September 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1981.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

20 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Elected Official
$0Pt VII · Sec A
Elected Official
$0Pt VII · Sec A
Elected Official
$0Pt VII · Sec A
Elected Official
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023
Laura Smith$10,500$2,000—
Renee Jadusingh$4,000——
Ken Thomas—$4,000$2,000
Brenda Thrower$2,000$2,000—
Elizee Michel——$2,000

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 15aNo

Programs and updates

Revitalizes communities by sharing redevelopment information.

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Provided by the organization

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3 programs · in their own filed words · FY2021
01

Redevelopment Academy

The Academy is a unique educational program, designed to promote a prerequisite level of knowledge and professionalism in the field of community redevelopment. The courses are open to anyone interested in learning more about redevelopment practice in Florida.

Pt IX · col B
02

The Florida Redevelopment Association Awards program recognizes the best in redevelopment in Florida. It is open to any member of the association. To recognize the projects and people involved in redevelopment throughout the state, three awards series have been established. The Roy F. Kenzie and Thomas J.

Pt IX · col B
03

Annual Conference

The 2021 conference was held in Fort Myers. The conference provided opportunities for attendees to earn CE credits for professional certifications with the AICP, IEDC and the Florida Bar. Sessions were offered on a variety of topics involving Florida redevelopment.

Pt IX · col B

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$535K
Ln 12
Fees for servicesLn 2g$327K
Gifts and grantsLn 1h$207K
Investment incomeLn 3$926
Money outPt IX
$426K
Ln 25
Owns and owesPt X
$439K
net assets · Ln 32
Cash and savingsLn 1–2$667K
Total assetsLn 16$711K
LiabilitiesLn 26$272K
PeoplePt VI, VII
20
listed · VII A
PaidVII A0
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$207K
Fees for servicesLn 2g$327K
Investment incomeLn 3$926
Total revenueLn 12$535K
Assets in detailPt X, end of year
CashLn 1$529K
SavingsLn 2$138K
Cash and savings togetherLn 1–2$667K
Land, buildings, equipmentLn 10c$2K
Other assetsLn 15$30K
Total assetsLn 16$711K
LiabilitiesLn 26$272K
Net assetsLn 32$439K
OperationsPt I, VI
EmployeesI 50
VolunteersI 619
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$528K$667K
Land, buildings, equipmentLn 10c$0$2K
Total assetsLn 16$565K$711K
LiabilitiesLn 26$236K$272K
Net assetsLn 32$329K$439K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$36K
Accounting feesLn 11c$9K
Lobbying feesLn 11d$60K
Other fees for servicesLn 11g$29K
Office expensesLn 13$345
Information technologyLn 14$9K
TravelLn 17$5K
Conferences, conventions and meetingsLn 19$183K
Depreciation, depletion and amortizationLn 22$121
Other expenses (24a–d)Ln 24$90K
All other expensesLn 24e$4K
Total functional expensesLn 25$426K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $629K$595K$35K$625K 990 PDF
FY2024 $582K$566K$16K$591K 990 PDF
FY2023 $567K$431K$136K$575K 990 PDF
FY2022 Viewing $535K$426K$109K$439K 990 PDF
FY2021 $290K$316K−$26K$329K 990 PDF
FY2020 $481K$463K$17K$355K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $535,356 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $185,190$207,155
I-9 Program service revenuePrior year $105,082$327,275
I-10 Investment incomePrior year $21$926
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $290,293$535,356
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $316,269$425,974
I-18 Total expensesPrior year $316,269$425,974
I-19 Revenue less expensesPrior year −$25,976$109,382
Part VI · Governance 20 of 20 board members independent, 3 to look at
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $535,356 across 5 lines filed
VIII-1b Membership dues$207,155
VIII-1h Total contributions, gifts and grants$207,155
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $327,275$327,275
VIII-3 Investment incomeExcluded from tax $926$926
VIII-12 Total revenueRelated to mission $327,275 · Unrelated business $0 · Excluded from tax $926$535,356
Part IX · Statement of functional expenses $425,974 across 11 lines filed
IX-11b Legal fees$36,000
IX-11c Accounting fees$8,550
IX-11d Lobbying fees$60,045
IX-11g Other fees for services$29,072
IX-13 Office expenses$345
IX-14 Information technology$9,121
IX-17 Travel$4,778
IX-19 Conferences, conventions and meetings$183,262
IX-22 Depreciation, depletion and amortization$121
IX-24 Other expenses (24a–d)$90,378
IX-24e All other expenses$4,302
IX-25 Total functional expenses$425,974
Part X · Balance sheet $711,324 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $390,578$528,644
X-2 Savings and temporary cash investmentsStart of year $137,412$138,337
X-4 Accounts receivableStart of year $17,305$6,280
X-9 Prepaid expenses and deferred chargesStart of year $7,116$5,772
X-10c Land, buildings and equipment, netStart of year $0$2,291
X-15 Other assetsStart of year $13,000$30,000
X-16 Total assetsStart of year $565,411$711,324
X-17 Accounts payable and accrued expensesStart of year $40,857$45,313
X-19 Deferred revenueStart of year $195,105$227,180
X-26 Total liabilitiesStart of year $235,962$272,493
X-27 Net assets without donor restrictionsStart of year $329,449$438,831
X-32 Total net assets or fund balancesStart of year $329,449$438,831
X-33 Total liabilities and net assetsStart of year $565,411$711,324
Part XI · Reconciliation of net assets $438,831 net assets at year end
XI-1 Total revenue$535,356
XI-2 Total expenses$425,974
XI-3 Revenue less expenses$109,382
XI-4 Net assets at start of year$329,449
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$438,831

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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