CENTER FOR TECHNOLOGY ENTERPRISE & DEVELOPMENT | TED CENTER

DELRAY BEACH, FL | Palm Beach County
Economic Development
CENTER FOR TECHNOLOGY ENTERPRISE & DEVELOPMENT | TED CENTER
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As of , this nonprofit no longer meets findCRA's qualification requirements and will no longer appear in CQ search results.

Reason for disqualification:

Overview

CENTER FOR TECHNOLOGY ENTERPRISE & DEVELOPMENT | TED CENTER
65-0362710
401 W ATLANTIC AVE STE O9
DELRAY BEACH, FL 33444
Palm Beach County
(561) 243-2038

seabron1@TEDcenter.org
Mission Statement info

TO FOSTER COMMUNITY REVITALIZATION BY EMPOWERING AND PROMOTING BUSINESS OPPORTUNITIES TO ENSURE ECONOMIC GROWTH AND DEVELOPMENT IN LMI COMMUNITIES.

CRA Category info
  • Economic Development
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
  • Opportunity Zone
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
S31

S - Community Improvement, Capacity Building

Urban & Community Economic Development

Organizations that provide technical assistance, loans, loan guarantees or other forms of management support to help impoverished urban communities create local jobs, sustain local services and build healthier local economies.

IRS Activity Codes info
400
Area development, redevelopment of renewal
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813410
Civic and Social Organizations
Targeted Clients info
  • At-Risk Youth
  • Economically Disadvantaged
  • Entrepreneurs
  • Small Businesses
CRA Income Characteristics info
    This nonprofit has claimed its profile but has not yet provided this information.

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Programs & Services info
COVID-19 RESPONSE & RECOVERY EFFORTS
Hosting virtual workshops to assist small businesses and entrepreneurs with understanding and applying for SBA PPP and Economic Injury Disaster Loans.
Targeted Clients info

    Not reported

CRA Income Characteristics info

    Not reported

Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$805.9K
Revenue
$774.8K
Assets
$549.2K

IRS Business Master File Details info

As of August 2024
Exempt Ruling Date info
1997-11
Deductibility Status info
Deductible
Last Tax Filing info
2023
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of August 2024
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2022-09
E-File
990
XML
990
Tax period ending in
2018-09
PDF
990
E-File
990
XML
990
Tax period ending in
2017-09
PDF
990
Tax period ending in
2016-09
PDF
990

Nonprofit Location

Physical Address info
401 W ATLANTIC AVE STE O9
DELRAY BEACH, FL 33444
Palm Beach County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
48424
MSA/MD info
12
State info
099
County info
0067.00
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
33100 - Miami-Fort Lauderdale-West Palm Beach, FL
Combined Statistical Area info
370 - Miami-Port St. Lucie-Fort Lauderdale, FL
Metropolitan Division info
48424 - West Palm Beach-Boca Raton-Delray Beach, FL
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 79.70%
FFIEC Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info

Not reported by nonprofit


This nonprofit has claimed its profile but has not yet provided this information.

Market Data

Census Tract County
0067.00 Palm Beach County
Population
Total Population 2,709 1,494,805
Total Households 902 589,594
Income
Median Income* $61,150 $76,066
Median Family Income (2024 FFIEC est.) $104,000 $104,000
Tract Income Percentage 76.64% N/A
Below Poverty Level 13.3% 11.4%
Unemployment Level 9.6% 5.8%
Housing
Total Housing Units 1,015 708,303
Total Owner-Occupied Units 53.4% 69.5%
Total Renter-Occupied Units 35.5% 30.5%
Total Vacant Units 11.1% 8.2%
* Census Tract Median Income based on 2020 Tract Median Family Income as reported in the 2024 FFIEC Census Flat File. County Income based on Median Household Income as reported in the 2022 American Community Survey.
View more than 200 performance context data points for this county now.

Management

8
Total Voting Members
in Governing Body info
8
Independent Voting Members
in Governing Body info
Tax Filing Signatory info
Tony Newbold
(561) 265-3790
Principal Officer info
Tony Newbold
findCRA Profile Owner
Seabron Smith
Executive Director
seabron1@TEDcenter.org
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2022-09.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.