Overview
What is Friendship I Co?
Friendship I Co is a nonprofit organization located in Boise, Idaho, specifically at 205 N 10TH ST SUITE 200. Their primary mission is to provide housing facilities and services for elderly or disabled individuals, ensuring their physical, social, and psychological needs are met. The housing complex, comprising 30 units, is situated in Caldwell, Idaho. These units are leased to lower-income elderly or disabled residents under 12-month lease terms, in accordance with Section 8 and 202 of the National Housing Act. The organization operates on a non-profit basis, aiming to promote their tenants' health, security, happiness, and usefulness in long-term living.
Is Friendship I Co legitimate?
Friendship I Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship I Co 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: $48,901
For more financial information, click here
What is the mission statement of Friendship I Co?
Friendship I Co's mission is devoted to providing specialized housing facilities and services for elderly or disabled individuals. The primary objective is to cater to their physical, social, and psychological needs, promoting their health, security, happiness, and overall usefulness in their longer lives. The company strives to ensure that the costs for these facilities and services are reasonable, considering their provision, maintenance, and operation on a non-profit basis.
Who is the CEO of Friendship I Co?
James Tomlinson is the Principal Officer of Friendship I Co.
What is the revenue of Friendship I Co?
Friendship I Co's revenue in 2022 was $282,692.
Who are the executives of Friendship I Co and what are their salaries?
There 8 volunteers at Friendship I Co.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Friendship I Co?
Friendship I Co's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friendship I Co
Friendship I Co, a non-profit organization, is committed to providing housing facilities and services specifically tailored to meet the physical, social, and psychological needs of elderly and disabled individuals. Their mission is to promote the health, security, happiness, and usefulness of these individuals, enabling them to live longer, fulfilling lives. The organization operates on a non-profit basis, meaning the charges for these facilities and services are determined by the provision, maintenance, and operation of the same. Friendship I Co strives to create an environment that fosters the well-being and independence of its residents, ensuring their needs are met with care and compassion.
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Impact
October, 2024
Friendship I Co profoundly impacts the lives of elderly and disabled persons by providing essential housing facilities and services tailored to their specific needs. Located in Caldwell, Idaho, the project comprises an apartment complex with 30 units, strategically designed to create a supportive living environment. By leasing these units under affordable terms, Friendship I Co ensures access to safe and secure housing for lower-income individuals who may face significant barriers in the housing market.
The organization prioritizes the physical, social, and psychological well-being of its residents. This holistic approach promotes not only stability in living conditions but also enhances the overall quality of life for tenants, helping them to maintain health, security, and happiness. By fostering a community atmosphere, Friendship I Co encourages social interaction and support, which are crucial for combating isolation often experienced by the elderly and disabled.
Moreover, the commitment to maintaining and operating the housing on a non-profit basis allows Friendship I Co to remain focused on its mission rather than financial profit. This ultimately translates to lower costs for residents, enabling them to allocate resources towards other essential areas of their lives, such as healthcare and social activities.
In summary, Friendship I Co serves as a vital resource in the community, facilitating independence, dignity, and a sense of belonging among vulnerable populations, thereby significantly enriching their lives.
This information is meant to be a general summary of Friendship I Co. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $274
- Program Service Revenue: $112,419
- Gross Receipts: $282,692
Assets and Liabilities:
- Total Assets: $1,474,349
- Total Liabilities: $987,437
- Net Assets: $486,912
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT RECEIVED
Revenue
$112,029
TENANT CHARGES
Revenue
$390
Organization Details
Founding Year
2004
Phone
(208) 343-6438Principal Officer
James Tomlinson
Main Address
205 N 10TH ST SUITE 200, BOISE, ID, 83702
NTEE Category
Code: L21 - Housing
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