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PROPEL, INC. - Florida Company Profile

Company Details

Entity Name: PROPEL, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Non-Profit
Status: Active

The business entity is active. This status indicates that the business is currently operating and compliant with state regulations, suggesting a lower risk profile for lenders and potentially better creditworthiness.

Date Filed: 21 May 2003 (22 years ago)
Last Event: AMENDMENT
Event Date Filed: 03 Aug 2020 (5 years ago)
Document Number: N03000004291
FEI/EIN Number 010793986

Federal Employer Identification (FEI) Number assigned by the IRS.

Address: 170 NE 2nd Street, #294032, BOCA RATON, FL, 33429, US
Mail Address: 170 NE 2nd Street, #294032, BOCA RATON, FL, 33429, US
ZIP code: 33429
County: Palm Beach
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
GAUT JAMIE ANDREW Agent 170 NE 2nd Street, BOCA RATON, FL, 33429
Francis Gregg President 170 NE 2nd Street, BOCA RATON, FL, 33429

Events

Event Type Filed Date Value Description
REGISTERED AGENT ADDRESS CHANGED 2023-06-20 170 NE 2nd Street, #294032, BOCA RATON, FL 33429 -
CHANGE OF MAILING ADDRESS 2023-06-20 170 NE 2nd Street, #294032, BOCA RATON, FL 33429 -
CHANGE OF PRINCIPAL ADDRESS 2023-06-20 170 NE 2nd Street, #294032, BOCA RATON, FL 33429 -
AMENDMENT 2020-08-03 - -
REGISTERED AGENT NAME CHANGED 2020-08-03 GAUT, JAMIE ANDREW -
AMENDMENT 2019-12-09 - -
AMENDMENT 2016-10-26 - -
REINSTATEMENT 2010-09-28 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2010-09-24 - -
CANCEL ADM DISS/REV 2009-11-23 - -

Court Cases

Title Case Number Docket Date Status
KARLA SOTOMAYOR VS PROPEL, INC. 4D2017-3320 2017-10-27 Closed
Classification Original Proceedings - Circuit Civil - Prohibition
Court 4th District Court of Appeal
Originating Court Circuit Court for the Fifteenth Judicial Circuit, Palm Beach County
502014CA011596

Parties

Name KARLA SOTOMAYOR
Role Petitioner
Status Active
Representations Chris Kleppin, Chelsea A. Lewis
Name PROPEL, INC.
Role Respondent
Status Active
Representations Bridget Ann Berry, Roderick Flynn Coleman
Name Hon. Cymonie Rowe
Role Judge/Judicial Officer
Status Active
Name Clerk - Palm Beach
Role Lower Tribunal Clerk
Status Active

Docket Entries

Docket Date 2017-11-20
Type Disposition by Order
Subtype Denied
Description Order Denying Petition for Writ - Prohib. ~ ORDERED that case numbers 4D17-2882, 4D17-3320, 4D17-3321, 4D17-3322, 4D17-3288, 4D17-3289, and 4D17-3290 are consolidated for purposes of resolution by the same panel. The petition in each of these cases is denied on the merits.MAY, DAMOORGIAN and KLINGENSMITH, JJ., concur.
Docket Date 7777-11-20
Type Misc. Events
Subtype Miscellaneous Docket Entry
Description Miscellaneous Entry/Document ~ ***17-2882, 17-3288, 17-3289, 17-3290, 17-3320, 17-3321 AND 17-3322 ARE CONSOLIDATED FOR PURPOSES OF RESOLUTION BY SAME PANEL ***
Docket Date 2017-11-20
Type Disposition
Subtype Denied
Description Denied - Order by Judge
Docket Date 2017-10-30
Type Order
Subtype Order on Filing Fee
Description ORD-Pay Filing Fee-Original Proceeding ~ The $300.00 filing fee or affidavit of indigency in conformance with sections 57.081 and 57.085, Florida Statutes, did not accompany the petition as required in Florida Rule of Appellate Procedure 9.100(b). The filing fee is due and payable at the time of filing REGARDLESS OF WHETHER THE PETITION IS SUBSEQUENTLY VOLUNTARILY DISMISSED OR ADVERSELY DISMISSED.ORDERED sua sponte that the $300.00 filing fee or affidavit of indigency in conformance with section 57.081 and 57.085, Florida Statutes, must be filed in this Court within ten (10) days from the date of the entry of this order. Failure to comply within the time prescribed will result in dismissal of this cause and may result in the court sanctioning of any party, or the party's attorney, who has not paid the filing fee. The attorney filing the petition has a duty to tender the filing fee to the appellate court when the petition is initiated. See In Re Payment of Filing Fees, 744 So. 2d 1025 (Fla. 4th DCA 1997). Failure of the attorney to pay will result in referral to the Department of Financial Services for collection.**NOTE: No extensions of time will be entertained. Once the fee is paid, it is not refundable. Except for dismissal, this court will take no action in this appeal until this filing fee is paid or until an affidavit of indigency is filed and indigency status is granted.
Docket Date 2017-10-30
Type Letter
Subtype Acknowledgment Letter
Description Prohibition / Acknowledgment letter
Docket Date 2017-10-27
Type Misc. Events
Subtype Fee Status
Description A3:Paid In Full - $300
Docket Date 2017-10-27
Type Record
Subtype Appendix to Petition
Description Appendix to Petition
On Behalf Of KARLA SOTOMAYOR
Docket Date 2017-10-27
Type Petition
Subtype Petition Prohibition
Description Petition Prohibition
On Behalf Of KARLA SOTOMAYOR

Documents

Name Date
ANNUAL REPORT 2024-04-28
AMENDED ANNUAL REPORT 2023-06-20
AMENDED ANNUAL REPORT 2023-04-13
ANNUAL REPORT 2023-04-12
AMENDED ANNUAL REPORT 2022-07-15
ANNUAL REPORT 2022-03-22
ANNUAL REPORT 2021-02-05
Amendment 2020-08-03
ANNUAL REPORT 2020-01-21
Amendment 2019-12-09

CFPB Complaint

Complaint Id Date Received Issue Product
8070989 2023-12-28 Unauthorized transactions or other transaction problem Money transfer, virtual currency, or money service
Issue Unauthorized transactions or other transaction problem
Timely Yes
Company Propel, Inc.
Product Money transfer, virtual currency, or money service
Sub Product Mobile or digital wallet
Date Received 2023-12-28
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed N/A
Date Sent To Company 2023-12-28
Complaint What Happened Providers. XXXX refuses XXXX XXXX credit after I disputed transaction XXXX months XXXX
Consumer Consent Provided Consent provided
8625647 2024-03-25 Problem with a purchase or transfer Prepaid card
Issue Problem with a purchase or transfer
Timely Yes
Company Propel, Inc.
Product Prepaid card
Sub Issue Charged for a purchase or transfer you did not make with the card
Sub Product Government benefit card
Date Received 2024-03-25
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed N/A
Date Sent To Company 2024-03-25
Complaint What Happened XX/XX/year> - {$74.00} - {$64.00} - {$5.00} I immediately emailed the company & was told there was nothing the company could do about it nor reimburse my benefits even though my funds was stolen from their online website.
Consumer Consent Provided Consent provided

Tax Exempt

EIN Type of Organization Exempt Organization Status Address Ruling Date
01-0793986 Corporation Unconditional Exemption 49 S DIXIE HWY, DEERFIELD BCH, FL, 33441-3427 2004-02
In Care of Name -
Group Exemption Number 0000
Subsection Charitable Organization, Educational Organization, Literary Organization, Organization to Prevent Cruelty to Animals, Organization to Prevent Cruelty to Children, Organization for Public Safety Testing, Religious Organization, Scientific Organization
Affiliation Independent - This code is used if the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Classification Government Instrumentality, Title-Holding Corporation, Charitable Organization, Agricultural Organization, Board of Trade, Pleasure, Recreational, or Social Club, Fraternal Beneficiary Society, Order or Association, Voluntary Employees' Beneficiary Association (Non-Govt. Emps.), Domestic Fraternal Societies and Associations, Teachers Retirement Fund Assoc., Benevolent Life Insurance Assoc., Burial Association, Credit Union, Mutual Insurance Company or Assoc. Other Than Life or Marine, Corp. Financing Crop Operations, Supplemental Unemployment Compensation Trust or Plan, Employee Funded Pension Trust (Created Before 6/25/59), Post or Organization of War Veterans, Legal Service Organization, Black Lung Trust, Multiemployer Pension Plan, Veterans Assoc. Formed Prior to 1880, Trust Described in Sect. 4049 of ERISA, Title Holding Co. for Pensions, etc., State-Sponsored High Risk Health Insurance Organizations, State-Sponsored Workers' Compensation Reinsurance, ACA 1322 Qualified Nonprofit Health Insurance Issuers, Apostolic and Religious Org. (501(d)), Cooperative Hospital Service Organization (501(e)), Cooperative Service Organization of Operating Educational Organization (501(f)), Child Care Organization (501(k)), Charitable Risk Pool, Qualified State-Sponsored Tuition Program, 4947(a)(1) - Private Foundation (Form 990PF Filer)
Deductibility Contributions are deductible.
Foundation Organization that receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
Tax Period 2023-12
Asset 1,000,000 to 4,999,999
Income 1,000,000 to 4,999,999
Filing Requirement 990 (all other) or 990EZ return
PF Filing Requirement No 990-PF return
Accounting Period Dec
Asset Amount 1363757
Income Amount 2332123
Form 990 Revenue Amount 2332123
National Taxonomy of Exempt Entities Youth Development: Youth Development Programs
Sort Name -

Publication 78 Data

Description Organizations eligible to receive tax-deductible charitable contributions. Users may rely on this list in determining deductibility of their contributions.
On Publication 78 Data List Yes
Deductibility Type of organization and use of contribution: A public charity. Deductibility Limitation: 50% (60% for cash contributions)

Copies of Returns (990, 990-EZ, 990-PF, 990-T)

Organization Name PROPEL INC
EIN 01-0793986
Tax Period 202212
Filing Type E
Return Type 990
File View File
Organization Name PROPEL INC
EIN 01-0793986
Tax Period 202112
Filing Type E
Return Type 990
File View File
Organization Name PROPEL INC
EIN 01-0793986
Tax Period 202012
Filing Type E
Return Type 990
File View File
Organization Name PROPEL INC
EIN 01-0793986
Tax Period 201912
Filing Type P
Return Type 990
File View File
Organization Name PROPEL INC
EIN 01-0793986
Tax Period 201912
Filing Type P
Return Type 990
File View File
Organization Name PROPEL INC
EIN 01-0793986
Tax Period 201812
Filing Type P
Return Type 990
File View File
Organization Name PROPEL INC
EIN 01-0793986
Tax Period 201712
Filing Type P
Return Type 990
File View File
Organization Name PROPEL INC
EIN 01-0793986
Tax Period 201612
Filing Type P
Return Type 990
File View File

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5557968007 2020-06-29 0455 PPP 499 e palmetto park road ste 209, boca raton, FL, 33432-5011
Loan Status Date 2022-03-19
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 37793
Loan Approval Amount (current) 37793
Undisbursed Amount 0
Franchise Name -
Lender Location ID 593324
Servicing Lender Name Fed � Kabbage
Servicing Lender Address 925B Peachtree Street NE, Atlanta, GA, 30309
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address boca raton, PALM BEACH, FL, 33432-5011
Project Congressional District FL-23
Number of Employees 8
NAICS code 813410
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Non-Profit Organization
Originating Lender ID 529113
Originating Lender Name Kabbage, Inc.
Originating Lender Address Atlanta, GA
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 38163.68
Forgiveness Paid Date 2021-07-02

Date of last update: 01 Apr 2025

Sources: Florida Department of State