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Future Wisconsin Housing Fund Inc

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

EIN: 391897032 ✦ Middleton, WI ✦ Designated as a 501(c)(3)

Overview

What is Future Wisconsin Housing Fund Inc?

Future Wisconsin Housing Fund Inc is a nonprofit organization based in Middleton, Wisconsin. Their primary focus is overseeing projects that construct, develop, and operate low-income multifamily housing units across Wisconsin. By providing rental housing to low-income individuals, this organization contributes to the fostering of affordable housing. Their mission encompasses the purchase, rehabilitation, construction, ownership, rental, management, and sale or other disposition of housing units, as well as raising capital and managing investments in low-income housing. Additionally, they offer services and facilities for the residents of low-income housing.


Is Future Wisconsin Housing Fund Inc legitimate?

Future Wisconsin Housing Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Future Wisconsin Housing Fund Inc 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: $20,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Future Wisconsin Housing Fund Inc?
Who is the CEO of Future Wisconsin Housing Fund Inc?
What is the revenue of Future Wisconsin Housing Fund Inc?
Who are the executives of Future Wisconsin Housing Fund Inc and what are their salaries?
Where can I find the form 990 for Future Wisconsin Housing Fund Inc?

Mission Statement of Future Wisconsin Housing Fund Inc

Future Wisconsin Housing Fund Inc is a dedicated organization that focuses on the fostering of affordable housing. Its primary mission involves the purchase, rehabilitation, construction, ownership, rental, management, and sale or other disposition of housing units for low-income individuals. The organization takes an active role in raising capital, initiating and managing investments in low-income housing. In addition, it provides essential services and facilities for the residents of low-income housing.

Future Wisconsin Housing Fund Inc is committed to providing rental housing for people with limited financial resources. By owning and managing housing units, the organization ensures that these essential living spaces are available and affordable for those who need them most. The organization's work extends beyond just providing a roof over the heads of low-income individuals; it aims to create stable and supportive living environments that contribute to the overall well-being of its residents.

The organization's comprehensive approach to affordable housing includes not only the acquisition and management of housing units but also the provision of valuable services to ensure the success and sustainability of its housing initiatives. These services range from the initiation and management of investments in low-income housing to the operation and maintenance of housing facilities. The ultimate goal is to create thriving communities where low-income individuals can call home and build a foundation for a better future.

Impact

This information is meant to be a general summary of Future Wisconsin Housing Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Future Wisconsin Housing Fund Inc's impact is focused on providing rental housing to low-income individuals in Wisconsin. By overseeing projects that construct, develop, and operate low/very-low income multifamily housing units, this organization plays a crucial role in fostering affordable housing for those in need. Through the purchase, rehabilitation, construction, ownership, rental, management, and sale or other disposition of housing for low-income persons, Future Wisconsin Housing Fund Inc contributes to addressing the housing challenges faced by vulnerable populations. Additionally, by raising capital and managing investments in low-income housing, the organization actively works towards ensuring that individuals have access to safe and affordable housing options. Overall, Future Wisconsin Housing Fund Inc serves a vital role in the community by providing essential services and facilities for the residents of low-income housing, ultimately making a positive impact on the lives of those in need.





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: $94,580
  • Program Service Revenue: $25,118,505
  • Gross Receipts: $25,501,197

    • Assets and Liabilities:
  • Total Assets: $113,493,231
  • Total Liabilities: $71,057,850
  • Net Assets: $42,435,381
  • Programs

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

    RENTAL INCOME

    Revenue

    $25,118,505

    Organization Details

    Founding Year

    1997

    Principal Officer

    Justin Spahn

    Main Address

    PO BOX 620800, MIDDLETON, WI, 535620800

    NTEE Category

    Code: L25 - Housing

    If you are a representative of Future Wisconsin Housing Fund Inc 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.