Overview
What is Futurus Foundation Inc?
Futurus Foundation Inc, established in Buffalo, New York, is a nonprofit organization dedicated to improving the well-being of individuals with mental illnesses. The foundation primarily focuses on acquiring and maintaining real and personal property, and leasing or subleasing these resources to Transitional Services Inc., a related charitable organization. This partnership allows Transitional Services Inc. to operate sheltered living programs, providing a safe environment for individuals struggling with mental illnesses. The foundation's mission is deeply rooted in promoting the health and welfare of these individuals, ensuring they have access to necessary support and care.
Is Futurus Foundation Inc legitimate?
Futurus Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Futurus Foundation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Futurus Foundation Inc?
The Futurus Foundation Inc's mission is centered around promoting the health and welfare of individuals suffering from mental illness. They achieve this by acquiring and maintaining real property, which is then leased to Transitional Services Inc., a related charitable organization. Transitional Services Inc. utilizes this property to operate sheltered living programs specifically designed for individuals with mental illness. The primary objective of Futurus Foundation Inc. is to support the well-being of these individuals through its real estate-related activities.
Who is the CEO of Futurus Foundation Inc?
Ashley Coon - Ribble is the Principal Officer of Futurus Foundation Inc.
What is the revenue of Futurus Foundation Inc?
Futurus Foundation Inc's revenue in 2022 was $224,340.
Who are the executives of Futurus Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $223,256
- Other: $50,236
Where can I find the form 990 for Futurus Foundation Inc?
Futurus Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Futurus Foundation Inc
Futurus Foundation Inc, a charitable organization, has been established with a mission to promote the health and wellbeing of individuals suffering from mental illness. To accomplish this, the foundation acquires and maintains real property, and leases it to Transitional Services Inc., a related charitable organization. Transitional Services Inc. then utilizes this property to operate sheltered living programs for individuals with mental illness. By providing a safe and supportive environment, these programs aim to enhance the overall wellbeing and independence of those struggling with mental health issues.
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Impact
October, 2024
Futurus Foundation Inc significantly impacts the health and welfare of individuals with mental illness by facilitating access to essential housing and support services. By acquiring and maintaining real and personal property, the Foundation enables the leasing of these resources to Transitional Services Inc., which operates sheltered living programs designed specifically for this vulnerable population. This collaboration creates stable living environments that are critical for the well-being and rehabilitation of individuals dealing with mental health challenges.
In Buffalo, NY, Futurus Foundation Inc plays a crucial role in enhancing the quality of life for those affected by mental illness. It directly addresses the urgent need for supportive housing and resources, thereby promoting greater independence and social integration for individuals who benefit from these sheltered living programs. Through its dedicated efforts, the Foundation not only advocates for improved mental health services but also contributes to the overall community by fostering inclusivity and support for individuals facing mental health issues.
This information is meant to be a general summary of Futurus Foundation Inc. 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: $8,532
- Program Service Revenue: $215,808
- Gross Receipts: $224,340
Assets and Liabilities:
- Total Assets: $4,322,630
- Total Liabilities: $8,363
- Net Assets: $4,314,267
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$171,528
RENT INCOME - IMPUTED
Revenue
$44,280
Organization Details
Founding Year
1987
Phone
(716) 874-8182Principal Officer
Ashley Coon - Ribble
Main Address
389 ELMWOOD AVENUE, BUFFALO, NY, 142222209
NTEE Category
Code: P80 - Human services
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