Fame Housing Corporation

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

EIN: 954021359 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Fame Housing Corporation?

Fame Housing Corporation is a nonprofit organization situated in Los Angeles, California, committed to offering and managing affordable housing. The organization takes on various tasks, including housing development, construction, and management. Their mission encompasses providing low-income housing solutions through tailored programs, thereby contributing to the community's housing needs.


Official website here: www.famecorporations.org

Is Fame Housing Corporation legitimate?

Fame Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fame Housing Corporation 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: $223,501

For more financial information, click here


Official website here: www.famecorporations.org

What is the mission statement of Fame Housing Corporation?

Fame Housing Corporation is dedicated to providing and managing affordable housing. The organization operates various programs aimed at managing and offering low-income housing. Their activities extend beyond just management, encompassing housing development and construction as well. Essentially, Fame Housing Corporation works to make affordable housing accessible to those in need.


Official website here: www.famecorporations.org

Who is the CEO of Fame Housing Corporation?

Edgar Boyd is the President of Fame Housing Corporation.


Official website here: www.famecorporations.org

What is the revenue of Fame Housing Corporation?

Fame Housing Corporation's revenue in 2022 was $910,197.


Official website here: www.famecorporations.org

Who are the executives of Fame Housing Corporation and what are their salaries?

The average compensation at Fame Housing Corporation during 2022 was $11,175. There are 20 employees at Fame Housing Corporation.

Here are 10 key members and their salaries:

    Robert King (Boardmenber) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dorothy Mallery (Boardmember) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mckenzie Neely Wright (Boardmember) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wanda Kwomo (Boardmember) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacqueline White Brown (Boardmember) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marye Barnett (Boardmember) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Cafee (Boardmember) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edgar Boyd (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valerie Woodson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlene Cyrus (Acting Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.famecorporations.org

    Where can I find the form 990 for Fame Housing Corporation?

    The Fame Housing Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.famecorporations.org

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

    Mission Statement of Fame Housing Corporation

    Fame Housing Corporation, a nonprofit entity, is committed to providing and managing affordable housing. The organization's mission is to develop, construct, and manage housing units that cater to individuals with low income. Through its programs, Fame Housing Corporation aims to make housing accessible to a segment of the population that might otherwise struggle with affordability. The corporation's activities are not limited to the provision of housing; it also manages these units, ensuring they meet the necessary standards and requirements for their intended residents. This dedication to affordable housing is a significant contribution to the community, providing a vital service that supports the well-being and stability of its residents.

    Impact

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




    Sunday, July 21, 2024

    Fame Housing Corporation plays a crucial role in addressing the need for affordable housing in Los Angeles. By providing and managing low-income housing programs, the organization directly impacts the lives of individuals and families in need. Their focus on housing development, construction, and management contributes to creating a more sustainable and inclusive community where everyone has access to safe and affordable housing. Through their efforts, Fame Housing Corporation is helping to combat homelessness and improve the quality of life for many residents in the area.





    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: $22
  • Program Service Revenue: $697,564
  • Gross Receipts: $910,197

    • Assets and Liabilities:
  • Total Assets: $1,475,425
  • Total Liabilities: $5,794,512
  • Net Assets: -$4,319,087
  • Programs

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

    Rental Income

    Revenue

    $520,707

    Management Fees

    Revenue

    $176,857

    Organization Details

    Founding Year

    1985

    Principal Officer

    Edgar Boyd

    Main Address

    2270 S Harvard Blvd, Los Angeles, CA, 90018

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Fame Housing Corporation 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.