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WORTH BUILDERS OF PALM BEACH, INC. - Florida Company Profile

Company Details

Entity Name: WORTH BUILDERS OF PALM BEACH, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

WORTH BUILDERS OF PALM BEACH, INC. 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: 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: 19 Nov 1997 (27 years ago)
Last Event: CANCEL ADM DISS/REV
Event Date Filed: 16 Oct 2009 (16 years ago)
Document Number: P97000098836
FEI/EIN Number 650799831

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

Address: 1137 CLARE AVENUE, WEST PALM BEACH, FL, 33401
Mail Address: 1137 CLARE AVENUE, WEST PALM BEACH, FL, 33401
ZIP code: 33401
County: Palm Beach
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
WORTH BUILDERS OF PALM BEACH, INC. EMPLOYEES SAVINGS TRUST 2023 650799831 2024-03-27 WORTH BUILDERS OF PALM BEACH, INC. 15
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236110
Sponsor’s telephone number 5618320500
Plan sponsor’s address 1137 CLARE AVENUE, WEST PALM BEACH, FL, 33401

Signature of

Role Plan administrator
Date 2024-03-27
Name of individual signing STEVEN S SIMON
Valid signature Filed with authorized/valid electronic signature
WORTH BUILDERS OF PALM BEACH, INC. EMPLOYEES SAVINGS TRUST 2022 650799831 2023-02-15 WORTH BUILDERS OF PALM BEACH, INC. 17
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236110
Sponsor’s telephone number 5618320500
Plan sponsor’s address 1137 CLARE AVENUE, WEST PALM BEACH, FL, 33401

Signature of

Role Plan administrator
Date 2023-02-15
Name of individual signing STEVEN S SIMON
Valid signature Filed with authorized/valid electronic signature
WORTH BUILDERS OF PALM BEACH, INC. EMPLOYEES SAVINGS TRUST 2021 650799831 2022-04-11 WORTH BUILDERS OF PALM BEACH, INC. 16
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236110
Sponsor’s telephone number 5618320500
Plan sponsor’s address 1137 CLARE AVENUE, WEST PALM BEACH, FL, 33401

Signature of

Role Plan administrator
Date 2022-04-11
Name of individual signing STEVEN S SIMON
Valid signature Filed with authorized/valid electronic signature
WORTH BUILDERS OF PALM BEACH, INC. EMPLOYEES SAVINGS TRUST 2020 650799831 2021-04-22 WORTH BUILDERS OF PALM BEACH, INC. 16
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236110
Sponsor’s telephone number 5618320500
Plan sponsor’s address 1137 CLARE AVENUE, WEST PALM BEACH, FL, 33401

Signature of

Role Plan administrator
Date 2021-04-22
Name of individual signing STEVEN S SIMON
Valid signature Filed with authorized/valid electronic signature
WORTH BUILDERS OF PALM BEACH, INC. EMPLOYEES SAVINGS TRUST 2019 650799831 2020-04-06 WORTH BUILDERS OF PALM BEACH, INC. 15
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236110
Sponsor’s telephone number 5618320500
Plan sponsor’s address 1137 CLARE AVENUE, WEST PALM BEACH, FL, 33401
WORTH BUILDERS OF PALM BEACH, INC. EMPLOYEES SAVINGS TRUST 2018 650799831 2019-02-11 WORTH BUILDERS OF PALM BEACH, INC. 13
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236110
Sponsor’s telephone number 5618320500
Plan sponsor’s address 1137 CLARE AVENUE, WEST PALM BEACH, FL, 33401
WORTH BUILDERS OF PALM BEACH, INC. EMPLOYEES SAVINGS TRUST 2017 650799831 2018-05-17 WORTH BUILDERS OF PALM BEACH, INC. 19
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236110
Sponsor’s telephone number 5618320500
Plan sponsor’s address 1137 CLARE AVENUE, WEST PALM BEACH, FL, 33401
WORTH BUILDERS OF PALM BEACH, INC. EMPLOYEES SAVINGS TRUST 2016 650799831 2017-05-18 WORTH BUILDERS OF PALM BEACH, INC. 24
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236110
Sponsor’s telephone number 5618320500
Plan sponsor’s address 1137 CLARE AVENUE, WEST PALM BEACH, FL, 33401

Signature of

Role Plan administrator
Date 2017-05-18
Name of individual signing STEVEN S. SIMON
Valid signature Filed with authorized/valid electronic signature
WORTH BUILDERS OF PALM BEACH, INC. EMPLOYEES SAVINGS TRUST 2015 650799831 2016-07-20 WORTH BUILDERS OF PALM BEACH, INC. 22
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236110
Sponsor’s telephone number 5618320500
Plan sponsor’s address 1137 CLARE AVENUE, WEST PALM BEACH, FL, 33401

Signature of

Role Plan administrator
Date 2016-07-20
Name of individual signing STEVEN S. SIMON
Valid signature Filed with authorized/valid electronic signature
WORTH BUILDERS OF PALM BEACH, INC. EMPLOYEES SAVINGS TRUST 2014 650799831 2015-06-10 WORTH BUILDERS OF PALM BEACH, INC. 26
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236110
Sponsor’s telephone number 5618320500
Plan sponsor’s address 1137 CLARE AVENUE, WEST PALM BEACH, FL, 33401

Signature of

Role Plan administrator
Date 2015-06-10
Name of individual signing STEVEN S. SIMON
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
LUCERO ANDREW C Agent 1137 CLARE AVENUE, WEST PALM BEACH, FL, 33401
SIMON STEVEN S Secretary 1137 CLARE AVENUE, WEST PALM BEACH, FL, 33401
Lucero Andrew C President 1137 CLARE AVENUE, WEST PALM BEACH, FL, 33401

Events

Event Type Filed Date Value Description
REGISTERED AGENT NAME CHANGED 2017-07-12 LUCERO, ANDREW C -
CANCEL ADM DISS/REV 2009-10-16 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2009-09-25 - -

Documents

Name Date
ANNUAL REPORT 2025-01-03
ANNUAL REPORT 2024-01-03
ANNUAL REPORT 2023-01-05
ANNUAL REPORT 2022-01-03
ANNUAL REPORT 2021-01-04
ANNUAL REPORT 2020-01-06
ANNUAL REPORT 2019-01-02
ANNUAL REPORT 2018-01-02
AMENDED ANNUAL REPORT 2017-07-12
ANNUAL REPORT 2017-01-09

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
307302968 0418800 2004-11-02 726 HI MOUNT RD, PALM BEACH, FL, 33480
Inspection Type Prog Related
Scope Complete
Safety/Health Safety
Close Conference 2004-11-02
Emphasis N: TRENCH
Case Closed 2005-03-04

Related Activity

Type Referral
Activity Nr 200684157
Safety Yes

Violation Items

Citation ID 01001
Citaton Type Serious
Standard Cited 19260021 B02
Issuance Date 2005-01-04
Abatement Due Date 2005-01-10
Current Penalty 1875.0
Initial Penalty 2500.0
Nr Instances 1
Nr Exposed 1
Gravity 10
Citation ID 01002
Citaton Type Serious
Standard Cited 19260651 K01
Issuance Date 2005-01-04
Abatement Due Date 2005-01-10
Current Penalty 1875.0
Initial Penalty 2500.0
Nr Instances 1
Nr Exposed 1
Gravity 10
Citation ID 01003
Citaton Type Serious
Standard Cited 19260652 E01 II
Issuance Date 2005-01-04
Abatement Due Date 2005-01-10
Current Penalty 1875.0
Initial Penalty 2500.0
Nr Instances 1
Nr Exposed 1
Gravity 10

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
2334007309 2020-04-29 0455 PPP 1137 CLARE AVE, WEST PALM BEACH, FL, 33401
Loan Status Date 2021-05-19
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 250600
Loan Approval Amount (current) 250600
Undisbursed Amount 0
Franchise Name -
Lender Location ID 67422
Servicing Lender Name First Horizon Bank
Servicing Lender Address 165 Madison Ave, MEMPHIS, TN, 38103-2723
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address WEST PALM BEACH, PALM BEACH, FL, 33401-0002
Project Congressional District FL-22
Number of Employees 13
NAICS code 236220
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 78586
Originating Lender Name IberiaBank, A Division of First Horizon Bank
Originating Lender Address Lafayette, LA
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 252938.93
Forgiveness Paid Date 2021-04-08

Date of last update: 02 Apr 2025

Sources: Florida Department of State