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THE BEACON COUNCIL ECONOMIC DEVELOPMENT FOUNDATION INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
THE BEACON COUNCIL ECONOMIC DEVELOPMENT FOUNDATION INC (EIN 59-2738676)
Tax period
2017-10-01 to 2018-09-30
Filed
2019-08-13
IRS object ID
201932259349302118
Schema version
2017v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-08-13T16:04:53-05:00ReturnTs
Tax Period End2018-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN010720052PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MORRISON BROWN ARGIZ & FARRA LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11450 BRICKELL AVENUE 18TH FLOORAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33131ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN592738676EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DADE COUNTY ECONOMIC RESEARCH FOUNDATIONBusinessNameLine1Txt
Business Name Line2INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlDADEBusinessNameControlTxt
Phone3055791300PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line180 SW 8TH STREET NO 2400AddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33130ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL A FINNEYPersonNm
Person TitlePRESIDENT/CEOPersonTitleTxt
Phone3055791300PhoneNum
Signature2019-08-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLISETTE RODRIGUEZ CPAPreparerPersonNm
PTINP01404398PTIN
Phone3053735500PhoneNum
Preparation2019-07-22PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address38.140.52.131IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-08-12IPDt
IP Tm11:46:02IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdE303922E6E0AAFF29FB4DE912DBC32EDAA0EADFEAtSubmissionCreationDeviceId
At Submission Filing Device IdC00600189F8BF2771FC5DFB99C06F363DF8338C4AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL A FINNEYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line180 SW 8TH STREET NO 2400AddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33130ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$572,734GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BEACONCOUNCILFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1986FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTHE FOUNDATION OPERATES EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES AS FOLLOWS: (A) TO COMPILE, PREPARE, AND PUBLISH STATISTICAL DATA CONCERNING MIAMI-DADE COUNTY, FLORIDA AND MAKE SUCH DATA AVAILABLE TO ALL SEGMENTS OF THE COMMUNITY; (B) TO LESSEN THE BURDENS OF GOVERNMENT; (C) TO COMBAT COMMUNITY DETERIORATION; AND (D) TO DO ALL LAWFUL ACTS INCIDENTAL TO THE ACCOMPLISHMENT OF SAID CHARITABLE AND EDUCATIONAL PURPOSES.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$74,315PYContributionsGrantsAmt
CY Contributions Grants$572,628CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$106CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$74,315PYTotalRevenueAmt
CY Total Revenue$572,734CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$274,651PYOtherExpensesAmt
CY Other Expenses$688,303CYOtherExpensesAmt
PY Total Expenses$274,651PYTotalExpensesAmt
CY Total Expenses$688,303CYTotalExpensesAmt
PY Revenues Less Expenses-$200,336PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$115,569CYRevenuesLessExpensesAmt
Total Assets BOY$399,840TotalAssetsBOYAmt
Total Assets EOY$727,218TotalAssetsEOYAmt
Total Liabilities BOY$134,764TotalLiabilitiesBOYAmt
Total Liabilities EOY$570,471TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$265,076NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$156,747NetAssetsOrFundBalancesEOYAmt
MissionSEE SCHEDULE OMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$688,084ExpenseAmt
DescONE COMMUNITY ONE GOAL TARGETED INDUSTRY STUDYDesc
Total Program Service Expenses$688,084TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCAMELA GLEAN-JONESPersonNm
Phone3055791300PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line180 SW 8TH STREET SUITE 2400AddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33130ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtHighest Compensated EmployeeHighestCompensatedEmployeeInd
DONNA ABOOD
DIRECTOR0.20Yes (X)$0$0$0
PENNY SHAFFER
CHAIR-ELECT0.20Yes (X)$0$0$0
JARET DAVIS
DIRECTOR0.20Yes (X)$0$0$0
HUGO CASTRO
TREASURER0.20Yes (X)$0$0$0Yes (X)
NELSON LAZO
CHAIR0.20Yes (X)$0$0$0Yes (X)
MICHAEL A FINNEY
PRESIDENT AND CEO0.20Yes (X)$0$164,870$33,198Yes (X)37.50
DAWN WHITE
SECRETARY0.20Yes (X)$0$0$0Yes (X)
ALEXANDRA VILLOCH
DIRECTOR0.20Yes (X)$0$0$0
CAMELA GLEAN JONES
CFO & EVP BUDGET & ADMIN0.20$0$188,933$23,354Yes (X)37.50
JAAP DONATH
SVP, RSRCH & STRAT. PLANNING0.20$0$119,536$18,34237.50Yes (X)
JOSEPH HOVANCAK
VP, ONE COMM. ONE GOAL0.20$0$117,465$17,80637.50Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$590,804TotReportableCompRltdOrgAmt
Total Other Compensation$92,700TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$572,628AllOtherContributionsAmt
Total Contributions$572,628TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$106TotalRevenueColumnAmt
Exclusion$106ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$572,734TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$106ExclusionAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$60,094TotalAmt
Program Services$60,094ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$298,614TotalAmt
Program Services$298,614ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,325TotalAmt
Program Services$2,325ProgramServicesAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
TALENT DEVELOPMENT$327,051$327,051
SERVICE FEE$219$219

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$688,303TotalAmt
Program Services$688,084ProgramServicesAmt
Management And General$219ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$399,840BOYAmt
EOY$706,268EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$20,950EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$399,840BOYAmt
EOY$727,218EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$7,240BOYAmt
EOY$100,000EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$125,000BOYAmt
EOY$432,058EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,524BOYAmt
EOY$38,413EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$134,764BOYAmt
EOY$570,471EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$146,120BOYAmt
EOY$135,231EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$118,956BOYAmt
EOY$21,516EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$265,076BOYAmt
EOY$156,747EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$399,840BOYAmt
EOY$727,218EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$115,569ReconcilationRevenueExpnssAmt
Prior Period Adjustments$7,240PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$300,934CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$263,600CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$81,076CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$310,127CurrentTaxYearMinus1YearAmt
Current Tax Year$572,628CurrentTaxYearAmt
Total$1,528,365TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$300,934CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$263,600CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$81,076CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$310,127CurrentTaxYearMinus1YearAmt
Current Tax Year$572,628CurrentTaxYearAmt
Total$1,528,365TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,528,365PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$106CurrentTaxYearAmt
Total$106TotalAmt
FieldValueIRS element (for citing)
Total Support$1,528,471TotalSupportAmt
Public Support CY1700.99990PublicSupportCY170Pct
Public Support PY1700.99970PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO THE MIAMI-DADE BEACON COUNCIL, INC.Desc
Amt$38,413Amt
FieldValueIRS element (for citing)
Total Liability$38,413TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$813,455TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$240,721DonatedServicesAndUseFcltsAmt
Revenue Not Reported$240,721RevenueNotReportedAmt
Revenue Subtotal$572,734RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$572,734TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$929,024TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$240,721DonatedServicesUseFcltsAmt
Expenses Not Reported$240,721ExpensesNotReportedAmt
Expenses Subtotal$688,303ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$688,303TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION RECOGNIZES AND MEASURES TAX POSITIONS BASED ON THEIR TECHNICAL MERIT AND ASSESSES THE LIKELIHOOD THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. INTEREST AND PENALTIES ON TAX LIABILITIES, IF ANY, WOULD BE RECORDED IN INTEREST EXPENSE AND OTHER NON-INTEREST EXPENSE, RESPECTIVELY.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MICHAEL A FINNEY
PRESIDENT AND CEO$0$164,870$0$0$0$0$0$6,971$0$26,227$0$198,068$0$0
CAMELA GLEAN JONES
CFO & EVP BUDGET & ADMIN$0$188,933$0$0$0$0$0$9,548$0$13,806$0$212,287$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FOUNDATION'S INDEPENDENT ACCOUNTANTS PREPARE THE FORM 990. THE FORM 990 IS REVIEWED BY THE CFO. THE FINANCE AND AUDIT COMMITTEE REVIEW AND RECOMMEND RATIFICATION BY THE FULL BOARD. THE FULL BOARD APPROVES THE 990 BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CTHE FOUNDATION REQUIRES ITS BOARD OF DIRECTORS AND EMPLOYEES TO SIGN CONFLICT OF INTEREST AND CONFIDENTIALITY AGREEMENTS ANNUALLY.
FORM 990, PART VI, SECTION C, LINE 19THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE FINANCE AND AUDIT COMMITTEES ARE RESPONSIBLE FOR THE SELECTION OF THE FOUNDATION'S INDEPENDENT AUDITORS AND OVERSIGHT OF THE ANNUAL AUDIT.
FORM 990, PART XI, LINE 8- PRIOR PERIOD ADJUSTMENTSTHE 2016 FORM 990 FOR THE YEAR ENDED SEPTEMBER 30, 2017 WAS FILED WITH THE IRS PRIOR TO THE COMPLETION OF THE AUDIT FOR THE YEAR ENDED SEPTEMBER 30, 2017. AS A RESULT OF ADJUSTMENTS POSTED IN THE FINAL AUDITED FINANCIAL STATEMENTS, A PRIOR PERIOD ADJUSTMENT WAS REPORTED IN THE FORM 990 TO RECONCILE NET ASSETS TO THE AUDITED 2018 FINANCIAL STATEMENTS.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1THE MIAMI-DADE BEACON COUNCIL INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line180 SW 8TH STREET SUITE 2400AddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33130ZIPCd
FieldValueIRS element (for citing)
EIN592603574EIN
Primary ActivitiesECONOMIC DEVELOPMENT IN MIAMI-DADE COUNTYPrimaryActivitiesTxt
Legal Domicile StateFLLegalDomicileStateCd
Exempt Code Section501(C)(6)ExemptCodeSectionTxt
Public Charity StatusN/APublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
THE MIAMI-DADE BEACON COUNCIL INC
P$35,889CASH AMOUNT
THE MIAMI-DADE BEACON COUNCIL INC
M$240,721IN-KIND

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