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Foundation Communities Group Return

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

EIN: 742678601 ✦ Austin, TX ✦ Designated as a 501(c)(3)

Overview

What is Foundation Communities Group Return?

Foundation Communities Group Return is a nonprofit organization based in Austin, Texas, with a focus on improving community stability through affordable housing and educational services for low-income residents. They operate over 3,733 housing units, including multi-family and single room occupancy units, managing and supervising the properties through Foundation Communities, Inc. On-site learning centers offer free after-school and summer programs for children, while adults receive essential classes in English as a Second Language, financial literacy, exercise, and healthy living. Social work case managers provide individualized assistance to families at or below 30% median family income, addressing issues that could potentially disrupt household stability. Their mission is to create housing where families succeed by providing affordable living spaces and supportive social services, ultimately aiming to educate, support, and enhance the financial standing of the working poor and their communities.


Official website here: www.foundcom.org

Is Foundation Communities Group Return legitimate?

Foundation Communities Group Return is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Communities Group Return 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: $3,183,930

For more financial information, click here


Official website here: www.foundcom.org

What is the mission statement of Foundation Communities Group Return?

Foundation Communities Group Return focuses on creating a successful environment for families by providing affordable housing and supportive social services. Their mission is to educate, improve financial standing, and provide stability to the working poor and their communities. Through affordable housing options, on-site learning centers offering free programs for children, and classes for adults on topics like ESL, financial literacy, and healthy living, they aim to expand opportunities and address issues that could jeopardize households. Social work case managers offer individual assistance to families below the median income to help maintain household stability. Additionally, they provide case management services for communities housing individuals who have previously experienced homelessness.


Official website here: www.foundcom.org

Who is the CEO of Foundation Communities Group Return?

Walter Moreau is the Exec. Director of Foundation Communities Group Return.


Official website here: www.foundcom.org

What is the revenue of Foundation Communities Group Return?

Foundation Communities Group Return's revenue in 2022 was $24,735,536.


Official website here: www.foundcom.org

Who are the executives of Foundation Communities Group Return and what are their salaries?

The average compensation at Foundation Communities Group Return during 2022 was $4,061. There are 784 employees and 1,906 volunteers at Foundation Communities Group Return.

Here are 24 key members and their salaries:

    Walter Moreau (Exec. Director)
  • Compensation: $0
  • Related: $334,433
  • Other: $20,699

    • Vicki Mcdonald (Chief Reo)
  • Compensation: $0
  • Related: $185,428
  • Other: $13,759

    • Ann Clift (Cfo)
  • Compensation: $0
  • Related: $183,075
  • Other: $14,009

    • Desiree Golden (Dir. Prop. Mgmt.)
  • Compensation: $0
  • Related: $139,840
  • Other: $11,793

    • Sabrina Butler (Dir. R.E. Dev.)
  • Compensation: $0
  • Related: $138,866
  • Other: $11,850

    • Julie Candoli (Dir. Inst. Giving)
  • Compensation: $0
  • Related: $132,757
  • Other: $11,155

    • Marisela Montoya (Cpo)
  • Compensation: $0
  • Related: $123,294
  • Other: $10,633

    • Mandy Lewis (Dir. Asset Mgmt)
  • Compensation: $0
  • Related: $113,191
  • Other: $10,140

    • Kathleen Peschel (Cpao)
  • Compensation: $0
  • Related: $116,088
  • Other: $6,707

    • Mary C Young (Dir. Supp. Svc.)
  • Compensation: $0
  • Related: $110,057
  • Other: $9,947

    • Selina Serna (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Estrellita Doolin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela Herron (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Clements (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angelique Goodnough (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tiffany Nicely-Williams (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jewel Arrington (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Faye Goggins (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Reneau (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betty Warren (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Redmond (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Hart (Board Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yvette Flores (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adrianna Cuellar Rojas (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.foundcom.org

    Where can I find the form 990 for Foundation Communities Group Return?

    The Foundation Communities Group Return’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.foundcom.org

    Learn more at the official website: www.foundcom.org

    Mission Statement of Foundation Communities Group Return

    Foundation Communities Group Return is a mission-driven organization that strives to create an environment where families can thrive. By focusing on affordable housing and supportive social services, this nonprofit aims to empower the working poor and their communities.

    Through its efforts, Foundation Communities Group Return addresses the pressing issue of community stability for low-income residents. By offering affordable housing alternatives, this nonprofit broadens opportunities for families and helps them improve their financial standing. With a total of 2,874 multi-family and 859 Single Room Occupancy (SRO) housing units, Foundation Communities, Inc. manages and supervises these properties to ensure a safe and stable living environment for its residents.

    Additionally, on-site learning centers are provided at Foundation Communities Group Return's properties, offering free after-school and summer learning programs for children. Adults, too, are given access to valuable educational resources such as English as a Second Language (ESL) classes, financial literacy workshops, and health and wellness classes. Social work case managers are on-hand to provide individualized case management services for families with income levels at or below 30% of the median family income. These services aim to address any issues that may jeopardize the stability of the household.

    By combining affordable housing with essential support services, Foundation Communities Group Return is dedicated to making a meaningful difference in the lives of the working poor and their communities. Their commitment to education, support, and community improvement is a beacon of hope and a testament to their unwavering mission.

    Impact

    This information is meant to be a general summary of Foundation Communities Group Return. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Foundation Communities Group Return's impact can be seen in the improvement of overall community stability by providing affordable housing alternatives for low-income residents and offering educational services to expand opportunities for them. The organization manages and supervises 2,874 multi-family and 859 SRO housing units, providing a stable and supportive living environment for families in need. Additionally, their on-site learning centers offer free after-school and summer programs for children, while adults have access to ESL, financial literacy, exercise, and healthy living classes. Social work case managers provide individual case management to families at or below 30% of the median family income, addressing issues that could disrupt household stability. Moreover, additional case management services are offered for communities that house individuals who have previously experienced homelessness. Through their work in affordable housing and supportive services, Foundation Communities Group Return is making a tangible difference in the lives of the working poor and their communities.





    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: $93,875
  • Program Service Revenue: $22,328,348
  • Gross Receipts: $24,735,536

    • Assets and Liabilities:
  • Total Assets: $84,244,765
  • Total Liabilities: $114,101,708
  • Net Assets: -$29,856,943
  • Programs

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

    Misc. Property Income

    Revenue

    $851,908

    Residential Rents

    Revenue

    $21,476,440

    Organization Details

    Principal Officer

    Walter Moreau

    Main Address

    3000 S IH 35 Suite 300, Austin, TX, 78704

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Foundation Communities Group Return 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.