Overview
What is Fredella Village Corporation?
Fredella Village Corporation is a nonprofit organization that is dedicated to addressing housing needs for individuals with limited income. Their primary activity involves operating and renting out subsidized low-income housing units, as part of their broader mission to provide affordable housing solutions. This mission is essential in ensuring that individuals with lower financial resources have access to suitable living spaces. The corporation operates within this field, providing a vital service to the community.
Is Fredella Village Corporation legitimate?
Fredella Village Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Fredella Village 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,765
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What is the mission statement of Fredella Village Corporation?
Fredella Village Corporation's mission is centered around providing housing for individuals with limited income. As part of this mission, the corporation operates and rents out subsidized low-income housing units. The organization's primary objective is to contribute to improving the living conditions of those who have financial constraints, ensuring they have a suitable place to reside. The corporation's activities are geared towards fulfilling this mission, providing an essential service to the community.
Who is the CEO of Fredella Village Corporation?
Chris Nicholas is the Managing Agent of Fredella Village Corporation.
What is the revenue of Fredella Village Corporation?
Fredella Village Corporation's revenue in 2022 was $225,042.
Who are the executives of Fredella Village Corporation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Fredella Village Corporation?
Fredella Village Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fredella Village Corporation
Fredella Village Corporation is committed to delivering low-income housing as part of its mission. This nonprofit organization serves to provide suitable living spaces for individuals who fall under the low-income bracket. Through the operation and rental of these subsidized housing units, Fredella Village Corporation contributes significantly to addressing the housing needs of those less fortunate. By doing so, it aims to contribute positively to their overall quality of life.
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Impact
October, 2024
Fredella Village Corporation plays a crucial role in addressing the housing needs of low-income individuals in Jackson, MS. By operating and providing rental opportunities for HUD-subsidized low-income housing, the organization significantly enhances access to affordable living options for those facing economic challenges. This initiative not only helps individuals secure stable housing but also fosters a sense of community and security among residents. Through its efforts, Fredella Village Corporation contributes to reducing homelessness and improving the overall quality of life for its tenants, empowering them to pursue personal and professional growth in a supportive environment.
This information is meant to be a general summary of Fredella Village 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: $43
- Program Service Revenue: $224,999
- Gross Receipts: $225,042
Assets and Liabilities:
- Total Assets: $344,830
- Total Liabilities: $29,961
- Net Assets: $314,869
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL OF LOW INCOME H
Revenue
$222,320
TENANT CHARGES
Revenue
$2,679
Organization Details
Founding Year
1968
Phone
(601) 948-6401Principal Officer
Chris Nicholas
Main Address
P O BOX 1220, JACKSON, MS, 39205
NTEE Category
Code: L21 - Housing
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