IRS 990 Nonprofit Profile

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.

Filing year
2024
Total revenue
$3.9M
Total expenses
$3.8M
Program expenses
$3.5M
Administration
$354K
Fundraising
$0
Program share of expenses
91%
EIN
592196535
Location
Miami, FL

www.bacfunding.com

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Financial data on this page is sourced from IRS Form 990 filings.