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Friends Non Profit Housing Inc C/O Residential One Llc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237161834 ✦ Columbia, MD ✦ Designated as a 501(c)(3)

Overview

What is Friends Non Profit Housing Inc C/O Residential One Llc?

Friends Non Profit Housing Inc C/O Residential One Llc is a nonprofit organization situated in Columbia, Maryland. Their primary mission is to establish and manage affordable housing communities, serving individuals with low-income backgrounds. They operate under the former Section 236 of the National Housing Act, aiming to provide residents with suitable living opportunities. Their objective is to create and enhance such communities, ensuring they cater to the housing needs of those who might not otherwise have access to affordable housing solutions.


Is Friends Non Profit Housing Inc C/O Residential One Llc legitimate?

Friends Non Profit Housing Inc C/O Residential One Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Non Profit Housing Inc C/O Residential One Llc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $164,401

For more financial information, click here


What is the mission statement of Friends Non Profit Housing Inc C/O Residential One Llc?
Who is the CEO of Friends Non Profit Housing Inc C/O Residential One Llc?
What is the revenue of Friends Non Profit Housing Inc C/O Residential One Llc?
Who are the executives of Friends Non Profit Housing Inc C/O Residential One Llc and what are their salaries?
Where can I find the form 990 for Friends Non Profit Housing Inc C/O Residential One Llc?

Mission Statement of Friends Non Profit Housing Inc C/O Residential One Llc

Friends Non Profit Housing Inc C/O Residential One Llc is dedicated to creating, enhancing, and operating communities that provide affordable housing opportunities for individuals with low income. This mission is centered around the operation of housing units, previously under Section 236 of the National Housing Act. The organization's goal is to offer a living space that is within reach for those who may struggle financially, thereby helping to address housing disparities. By focusing on the creation and management of affordable housing, Friends Non Profit Housing Inc C/O Residential One Llc contributes to the overall well-being and stability of its residents, enabling them to build a better future.

Impact

This information is meant to be a general summary of Friends Non Profit Housing Inc C/O Residential One Llc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Friends Non Profit Housing Inc C/O Residential One Llc's impact is significant in providing low-income housing opportunities through the operation of affordable housing communities. Their mission to create and enhance these communities aligns with their commitment to supporting individuals in need of housing assistance. Their focus on offering affordable housing options helps address the ongoing challenge of housing affordability, particularly for those with limited financial resources. Through their efforts, individuals and families are able to access safe and stable housing, improving their overall quality of life and contributing to the well-being of the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $272
  • Program Service Revenue: $1,229,380
  • Gross Receipts: $1,258,135

    • Assets and Liabilities:
  • Total Assets: $4,957,731
  • Total Liabilities: $1,307,079
  • Net Assets: $3,650,652
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTS

    Revenue

    $1,166,906

    TENANT ASSISTANCE PAYMENT

    Revenue

    $38,041

    LAUNDRY AND MISCELLANEOUS

    Revenue

    $21,785

    OTHER TENANT CHARGES

    Revenue

    $2,648

    Organization Details

    Founding Year

    1965

    Principal Officer

    Robin Allen-Mcgrew

    Main Address

    8975 GUILFORD ROAD SUITE 100, COLUMBIA, MD, 21046

    NTEE Category

    Code: L21Z - Housing

    If you are a representative of Friends Non Profit Housing Inc C/O Residential One Llc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.