Overview
What is Fort Fairfield Residential Development Corporation?
Fort Fairfield Residential Development Corporation is a nonprofit organization situated in Fort Fairfield, Maine. Its primary objective is to offer affordable housing solutions for low-income families. Established at 18 Fields Lane, this corporation diligently works towards addressing housing needs within the community, ensuring that families who may struggle financially have access to suitable and affordable housing options.
Official website here: www.ffha.org
Is Fort Fairfield Residential Development Corporation legitimate?
Fort Fairfield Residential Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Fairfield Residential Development 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.
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Official website here: www.ffha.org
What is the mission statement of Fort Fairfield Residential Development Corporation?
The Fort Fairfield Residential Development Corporation's mission is centered around providing affordable housing solutions for families with limited income. This organization strives to make a significant impact in this area, ensuring that affordable housing remains an attainable option for those in need. By offering such accommodations, the corporation aims to contribute positively to the well-being and stability of these families. The primary activity of the organization revolves around this mission, making affordable housing a top priority.
Official website here: www.ffha.org
Who is the CEO of Fort Fairfield Residential Development Corporation?
Stacey Michaud is the Director of Fort Fairfield Residential Development Corporation.
Official website here: www.ffha.org
What is the revenue of Fort Fairfield Residential Development Corporation?
Fort Fairfield Residential Development Corporation's revenue in 2022 was $263,575.
Official website here: www.ffha.org
Who are the executives of Fort Fairfield Residential Development Corporation and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.ffha.org
Where can I find the form 990 for Fort Fairfield Residential Development Corporation?
Fort Fairfield Residential Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ffha.org
Learn more at the official website: www.ffha.org
Mission Statement of Fort Fairfield Residential Development Corporation
Fort Fairfield Residential Development Corporation, as a nonprofit entity, is committed to a mission that prioritizes providing affordable housing solutions for low-income families. This organization's purpose is clearly defined in its mission statement, which underscores its dedication to making a significant impact in the lives of those in need of affordable housing options. By serving this particular population, Fort Fairfield Residential Development Corporation contributes to the well-being of families, thereby promoting a more equitable society. The organization's primary objective is to ensure that low-income families have access to safe and affordable housing, enabling them to focus on other essential aspects of their lives and fostering an environment that supports their overall development.
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Impact
October, 2024
Fort Fairfield Residential Development Corporation has a significant impact on the community by providing affordable housing to low-income families in Fort Fairfield, Maine. By focusing on this critical need, the organization addresses a key barrier to stability and well-being for many residents. Access to affordable housing directly contributes to improved quality of life, allowing families to allocate resources to other essential needs such as education, healthcare, and employment.
The presence of affordable housing options helps to strengthen the community by promoting diversity and inclusion, fostering a sense of belonging among residents. Additionally, stable housing can lead to positive social outcomes, reducing homelessness and associated challenges, while enhancing overall community development. The organization’s commitment to housing affordability plays a vital role in supporting the aspirations of families striving for a better future.
This information is meant to be a general summary of Fort Fairfield Residential Development Corporation. 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: $2,001
- Program Service Revenue: $78,269
- Gross Receipts: $263,575
Assets and Liabilities:
- Total Assets: $1,135,949
- Total Liabilities: $753,445
- Net Assets: $382,504
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$78,269
Organization Details
Founding Year
2006
Phone
(207) 476-5771Principal Officer
Stacey Michaud
Main Address
18 Fields Lane, Fort Fairfield, ME, 04742
Website
www.ffha.orgNTEE Category
Code: L21 - Housing
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