| Entity Name: | SOMERSET DEVELOPMENT CORPORATION |
| Jurisdiction: | FLORIDA |
| Filing Type: |
Domestic Profit
SOMERSET DEVELOPMENT CORPORATION is structured as a Domestic Profit Corporation, which, in Florida signifies a Profit Corporation (also known as a C-Corporation). This business structure is recognized as a separate legal entity from its owners. This offers shareholders the benefit of limited liability protection, safeguarding their personal assets from the corporation's debts and obligations, and facilitates raising capital through the issuance of stock. In Florida, Domestic Profit Corporations are governed by Title XXXVI, Chapter 607, Florida Statutes – Florida Business Corporation Act. |
| Status: |
Inactive
The business entity is inactive. This status may signal operational issues or voluntary closure, raising concerns about the business's ability to repay loans and requiring careful risk assessment by lenders. |
| Date Filed: | 07 Nov 1977 (47 years ago) |
| Date of dissolution: | 10 Nov 1981 (43 years ago) |
| Last Event: | VOLUNTARY DISSOLUTION |
| Event Date Filed: | 10 Nov 1981 (43 years ago) |
| Document Number: | 550838 |
| FEI/EIN Number |
591801708
Federal Employer Identification (FEI) Number assigned by the IRS. |
| Address: | 3530 FIRST AVENUE N., ST. PETERSBURG, FL, 33713 |
| Mail Address: | 3530 FIRST AVENUE N., ST. PETERSBURG, FL, 33713 |
| ZIP code: | 33713 |
| County: | Pinellas |
| Place of Formation: | FLORIDA |
| Name | Role | Address |
|---|---|---|
| CLARK, SHIELDS E., II | Director | 7001 FOURTH ST. N., ST. PETERSBURG, FL |
| TRIMM, HENRY O. | Director | 7001 FOURTH ST. N., ST. PETERSBURG, FL |
| CLARK, SHIELDS E., III | Director | 7001 FOURTH ST. N., ST. PETERSBURG, FL |
| CARTER, DAVID P. | Agent | 12945 SEMINOLE BLVD., LARGO, FL, 33540 |
| CLARK, SHIELDS E., II | Secretary | 7001 FOURTH ST. N., ST. PETERSBURG, FL |
| GATES, GRETCHEN H. | Director | 3530 FIRST AVE N., ST. PETERSBURG, FL |
| GATES, ALLEN F. | President | 3530 FIRST AVE N., ST. PETERSBURG, FL |
| GATES, ALLEN F. | Director | 3530 FIRST AVE N., ST. PETERSBURG, FL |
| GATES, GRETCHEN H. | Treasurer | 3530 FIRST AVE N., ST. PETERSBURG, FL |
| Event Type | Filed Date | Value | Description |
|---|---|---|---|
| VOLUNTARY DISSOLUTION | 1981-11-10 | - | - |
Date of last update: 03 Apr 2025
Sources: Florida Department of State
