St Francis Development Corp

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

EIN: 010330932 ✦ Fort kent, ME ✦ Designated as a 501(c)(4)

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Overview

What is St Francis Development Corp?

St. Francis Development Corp, located in Fort Kent, Maine, is a nonprofit organization committed to providing housing solutions for the elderly and individuals from lower income backgrounds. The corporation's primary mission revolves around offering suitable housing options for these groups, as indicated by its consistent descriptions in the information array. With a focus on addressing housing needs, St. Francis Development Corp plays a significant role in contributing to the well-being of its community, ensuring that elderly and low-income individuals have access to safe and comfortable living spaces.

Is St Francis Development Corp legitimate?

St Francis Development Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. St Francis Development Corp 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.


Heare are some key statistics you may want to consider:

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

For more financial information, click here

What is the mission statement of St Francis Development Corp?

St. Francis Development Corp is committed to serving a significant population, focusing on the elderly and individuals with low income. Their primary mission is to provide suitable housing solutions for these groups, ensuring they have a place to call home. By providing housing, the organization aims to contribute to their residents' overall well-being and quality of life. Their activities are centered around addressing the unique housing needs of this specific demographic, ensuring they have access to safe, comfortable, and affordable living spaces.

Who is the CEO of St Francis Development Corp?

Benny Nadeau is the Director of St Francis Development Corp.

What is the revenue of St Francis Development Corp?

St Francis Development Corp's revenue in 2022 was $254,619.

Who are the executives of St Francis Development Corp and what are their salaries?

There 5 volunteers at St Francis Development Corp.


Here are 5 key members and their salaries:


Ervin Jandreau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
June Jandreau (Treasurer/Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benny Nadeau (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dustin Nadeau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bertrand Taggett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Francis Development Corp?

St Francis Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of St Francis Development Corp

St. Francis Development Corp is committed to providing housing solutions for the elderly and individuals with low income. This nonprofit organization's mission is centered around ensuring that these vulnerable groups have a place to call home. By offering housing, St. Francis Development Corp aims to enhance the living conditions and quality of life for these individuals, providing them with a secure and comfortable environment. The organization's efforts are instrumental in addressing the housing needs of the elderly and low-income population, thereby contributing to their overall well-being and independence.

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Impact




October, 2024

St. Francis Development Corp significantly impacts Fort Kent, ME, by providing essential housing solutions for elderly individuals and those with low income. By offering secure and affordable living arrangements, the organization enhances the quality of life for vulnerable populations, ensuring they have a safe and supportive environment. This focus on housing not only addresses immediate shelter needs but also fosters community well-being, promoting stability and independence among residents. The organization's commitment to these groups helps to alleviate the challenges faced by low-income families and the elderly, making a vital contribution to the social fabric of the community.




This information is meant to be a general summary of St Francis Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$254,619 (2022)
Expenses
$229,909 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $143
  • Program Service Revenue: $251,542
  • Gross Receipts: $254,619

Assets and Liabilities:

  • Total Assets: $659,575
  • Total Liabilities: $339,240
  • Net Assets: $320,335

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Programs

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

RENTAL INCOME

Revenue

$251,542

Organization Details

Founding Year

1972

Principal Officer

Benny Nadeau

Main Address

PO BOX 466, FORT KENT, ME, 04743

NTEE Category

Code: L22 - Housing

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