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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations BAC Funding Consortium Inc

BAC Funding Consortium Inc

Fiscal year ending 2024. Filed on November 17, 2025.

6600 NW 27th Avenue
Miami, Florida 33147

BAC Funding Consortium Inc (EIN: 59-2425541) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, BAC Funding Consortium Inc, a 501(c)(4) civic league or social welfare organization, reported compensation for 0 out of 0 total employees.

Revenue, expenses, and employee compensation

Revenue

$235,351

Expenses

$132,113

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

No compensated employees were reported for this year.

Non-Employee Board Members

Miguel Rasco
Director
Otto Latimer
Secretary
Ronald Frazier
Chair

Mission Statement

The Consortium was formed to offer an alternative method for financial institutions to participate in the economic revitalization of the African-American community.

Revisions to this organization profile

November 17, 2025:
2024 BAC Funding Consortium Inc 990 filed
November 12, 2024:
2023 BAC Funding Consortium Inc 990 filed
November 15, 2023:
2022 BAC Funding Consortium Inc 990 filed

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