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Farrell-Bell Senior Housing Apartments Inc

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

EIN: 261837410 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Farrell-Bell Senior Housing Apartments Inc?

Farrell-Bell Senior Housing Apartments Inc, located in Indianapolis, Indiana, is a nonprofit organization dedicated to offering affordable housing solutions for low-income senior citizens. Established at 3935 North Franklin Road, this organization prides itself on providing a safe and comfortable living environment for its elderly residents. The primary mission of Farrell-Bell Senior Housing Apartments Inc is to ensure that seniors in financial need have access to suitable housing, thereby contributing to their overall well-being and quality of life.

Is Farrell-Bell Senior Housing Apartments Inc legitimate?

Farrell-Bell Senior Housing Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Farrell-Bell Senior Housing Apartments 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: $107,102

For more financial information, click here

What is the mission statement of Farrell-Bell Senior Housing Apartments Inc?

Farrell-Bell Senior Housing Apartments Inc is committed to providing affordable housing for senior citizens who are financially disadvantaged. This mission is carried out in a specific location, Indianapolis, Indiana, but the information does not provide details about the organization's broader goals or objectives beyond this primary focus. The organization's activities revolve around making housing accessible for low-income senior citizens, thereby contributing to their well-being and quality of life.

Who is the CEO of Farrell-Bell Senior Housing Apartments Inc?

Lodeana Lumpkins is the President of Farrell-Bell Senior Housing Apartments Inc.

What is the revenue of Farrell-Bell Senior Housing Apartments Inc?

Farrell-Bell Senior Housing Apartments Inc's revenue in 2022 was $368,597.

Who are the executives of Farrell-Bell Senior Housing Apartments Inc and what are their salaries?

There 1 volunteer at Farrell-Bell Senior Housing Apartments Inc.


Here are 4 key members and their salaries:


Lodeana Lumpkins (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sadie Barnett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvel Moore (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reverend T D Robinson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Farrell-Bell Senior Housing Apartments Inc?

Farrell-Bell Senior Housing Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Farrell-Bell Senior Housing Apartments Inc

Farrell-Bell Senior Housing Apartments Inc is an organization committed to providing an essential service within its mission. Its primary focus is on offering affordable housing solutions to senior citizens who fall under the low-income bracket. This mission is not limited to a specific location but extends its reach to a broader community, making it an inclusive and accessible option for many elderly individuals in need. By providing affordable housing, the organization aims to contribute to the well-being and stability of these senior citizens, allowing them to live with dignity and independence. The organization's efforts are instrumental in addressing the housing needs of this vulnerable population, ensuring that they can maintain a decent living standard.

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Impact




October, 2024

Farrell-Bell Senior Housing Apartments Inc significantly impacts the community by providing affordable housing specifically designed for low-income senior citizens in Indianapolis, IN. This initiative addresses a critical need for accessible and secure living arrangements, ensuring that seniors can maintain their independence while having a safe place to reside. By offering these housing options, Farrell-Bell contributes to improved quality of life for seniors, alleviating financial burdens and fostering a sense of community among residents. The presence of such housing alternatives not only aids individuals but also enriches the broader community by promoting inclusivity and support for its older members.




This information is meant to be a general summary of Farrell-Bell Senior Housing Apartments 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.

Revenue
$368,597 (2022)
Expenses
$616,491 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $46
  • Program Service Revenue: $363,818
  • Gross Receipts: $368,597

Assets and Liabilities:

  • Total Assets: $2,791,903
  • Total Liabilities: $4,699,740
  • Net Assets: -$1,907,837

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Programs

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

TENANT ASSISTANCE PAYM

Revenue

$237,671

RENT REVENUE

Revenue

$126,147

Organization Details

Founding Year

2007

Principal Officer

Lodeana Lumpkins

Main Address

3935 NORTH FRANKLIN ROAD, INDIANAPOLIS, IN, 46226

NTEE Category

Code: L21 - Housing

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