COMMUNITY REINVESTMENT ALLIANCE OF SOUTH FLORIDA INC

MIAMI, FL | Miami-Dade County
Revitalization/Stabilization

Overview

COMMUNITY REINVESTMENT ALLIANCE OF SOUTH FLORIDA INC
47-4081995
300 NW 12TH AVE
MIAMI, FL 33128
Miami-Dade County
(786) 266-1158

cornell@reinvestmentalliance.org
Mission Statement info

COMMUNITY REINVESTMENT ALLIANCE OF FLORIDA IS A COALITION OF COMMUNITY LEADERS REPRESENTING DIVERSE STAKEHOLDERS ADVOCATING TO ENSURE FAIR AND EQUAL ACCESS TO FINANCIAL SERVICES/PRODUCTS, AND INCREASED COMMUNITY INVESTMENTS. WE CREATE, SUPPORT, AND IMPLEMENT SUSTAINABLE SOLUTIONS TO ENHANCE AND EMPOWER NEIGHBORHOOD AND INDIVIDUAL WELL BEING.

CRA Category info
  • Revitalization/Stabilization
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
Awards & Certifications info
  • LIHTC Recipient
Founded info
2015
Total Employees info
2
Total Volunteers info
15
Nonprofit Classification (NTEE Code) info
S30

S - Community Improvement, Capacity Building

Economic Development

Organizations whose primary purpose is to stimulate the economy, expand employment opportunities, encourage the establishment and growth of commerce and industry and otherwise enhance the economic development of the community.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813410
Civic and Social Organizations
Targeted Clients info
  • Entrepreneurs
  • Families
  • First-Time Homebuyers
  • General Public
  • Minority Individuals
  • Minority-Owned Businesses
  • Nonprofits
  • Underbanked or Unbanked
  • Women
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
  • People Living Below Poverty Level
  • SNAP Recipients

CRA Alignment

CRA Category info
Revitalization/Stabilization
Community and economic development in distressed, underserved or disadvantaged areas.
100%
Percent LMI Served info
as reported by the nonprofit
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.
LOWHIGH
LOWHIGH
LOWHIGH
LOWHIGH
Programs & Services info
Community Reinvestment Act Education & Training, Bank Collaboration
We provide training and training on the Community Reinvestment Act of 1977
Targeted Clients info
  • Children & Youth
  • Disabled
  • Domestic Violence Victims
  • Economically Disadvantaged
  • Entrepreneurs
  • Families
  • First-Time Homebuyers
  • Foster Youth
  • General Public
  • Homeless
  • People needing Credit Counseling
  • Job Seekers
  • LGBTQ Individuals
  • Men
  • Minority Individuals
  • Minority-Owned Businesses
  • Nonprofits
  • Small Businesses
  • Underbanked or Unbanked
  • Veterans
  • Women
  • Women-Owned Businesses
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
  • People Living Below Poverty Level
Bank Partnerships & Collaborations
We provide banking partnerships and collaborations between nonprofits serving the underserved with their programs and the banks
Targeted Clients info
  • At-Risk Youth
  • Children & Youth
  • Domestic Violence Victims
  • Economically Disadvantaged
  • Entrepreneurs
  • Families
  • First-Time Homebuyers
  • General Public
  • People needing Credit Counseling
  • LGBTQ Individuals
  • Men
  • Minority Individuals
  • Minority-Owned Businesses
  • Nonprofits
  • Small Businesses
  • Underbanked or Unbanked
  • Veterans
  • Women
  • Women-Owned Businesses
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
  • People Living Below Poverty Level
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
Most Recent LIHTC Project info
SOUTH FLORIDA I

 
Miami, FL
Amount info
Not reported
Project Year info
Not Confirmed
Allocation Year info
1987
Total Units info
219
Low-Income Units info
219
Currently Monitored info
Not reported
Construction Type info
Acquisition and Rehab
Property Characteristics info
  • None reported
Special Programs & Financing info
  • None reported
Targeted Population info
  • None reported

IRS Summary

Income
$120.5K
Revenue
$120.5K
Assets
$29.6K
Exempt Ruling Date info
2016-03
Deductibility Status info
Deductible
Last Tax Filing info
2019
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
States Where Tax Return is Filed info
Not reported
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)

Nonprofit Location

Physical Address info
300 NW 12TH AVE
MIAMI, FL 33128
Miami-Dade County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
33124
MSA/MD info
12
State info
086
County info
0052.01
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
33100 - Miami-Fort Lauderdale-Pompano Beach, FL
Combined Statistical Area info
370 - Miami-Port St. Lucie-Fort Lauderdale, FL
Metropolitan Division info
33124 - Miami-Miami Beach-Kendall, FL
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 95.59%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info
  • FL - All Counties

Market Data

Census Tract County
0052.01 Miami-Dade County
Population
Total Population 5,580 2,705,528
Total Households 2,317 902,200
Income
Median Family Income (Census*) $32,347 $53,975
Median Family Income (2022 FFIEC est.) $68,300 N/A
Tract Income Percentage 53.31% N/A
Below Poverty Level 29.7% 16.0%
Unemployment Level 7.8% 5.0%
Housing
Total Housing Units 2,499 1,032,310
Total Owner-Occupied Units 6.0% 51.6%
Total Renter-Occupied Units 86.8% 48.4%
Total Vacant Units 7.3% 7.2%
* Census tract income based on 2020 Census estimated data; County income based on 2020 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

Not reported
Total Voting Members
in Governing Body
info
Not reported
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Not reported by nonprofit.
Principal Officer info
Not reported by nonprofit.
findCRA Profile Owner
Cornell Crews Jr
Executive Director
cornell@reinvestmentalliance.org
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower 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
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax 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 www.learncra.com.