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Friendship Plaza I Inc

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

EIN: 311635371 ✦ Marion, OH ✦ Designated as a 501(c)(3)

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Overview

What is Friendship Plaza I Inc?

Friendship Plaza I Inc is a nonprofit organization situated in Marion, Ohio. Their primary mission is to provide subsidized apartment rental housing for approximately 30 low-income elderly and/or handicapped individuals, supported by the U.S. Department of Housing and Urban Development (HUD) through the Sections 202 Program. Their core objective is to ensure the provision of safe and affordable housing for this specific demographic. The organization operates with a small team of three employees, ensuring that they can provide personalized support and care to their residents.


Official website here: www.unitedchurchhomes.org/housing_oh_friendship.php

Is Friendship Plaza I Inc legitimate?

Friendship Plaza I Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Plaza I 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: $34,205

For more financial information, click here


Official website here: www.unitedchurchhomes.org/housing_oh_friendship.php

What is the mission statement of Friendship Plaza I Inc?

Friendship Plaza I Inc's mission is centered around providing safe and affordable housing. This non-profit organization specifically targets low-income elderly and handicapped individuals, offering them a place to call home. They accomplish this goal through the U.S. Department of Housing and Urban Development's Section 202 program, which enables them to provide subsidized apartment rental units for approximately 30 eligible individuals. By offering affordable housing, Friendship Plaza I Inc aims to contribute to the well-being of these vulnerable groups, providing them with a secure living environment.


Official website here: www.unitedchurchhomes.org/housing_oh_friendship.php

Who is the CEO of Friendship Plaza I Inc?

Mary Anna Speller is the President of Friendship Plaza I Inc.


Official website here: www.unitedchurchhomes.org/housing_oh_friendship.php

What is the revenue of Friendship Plaza I Inc?

Friendship Plaza I Inc's revenue in 2022 was $283,058.


Official website here: www.unitedchurchhomes.org/housing_oh_friendship.php

Who are the executives of Friendship Plaza I Inc and what are their salaries?

The average compensation at Friendship Plaza I Inc during 2022 was $11,402. There are 3 employees at Friendship Plaza I Inc.


Here are 10 key members and their salaries:


Tom Brownfield (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Busch (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Krueger (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Mikesell (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Schwab (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Schroer (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Scheidler (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Anna Speller (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Renner (Treasurer)
  • Compensation: $0
  • Related: $394,111
  • Other: $23,013
Cheryl Wickersham (Secretary)
  • Compensation: $0
  • Related: $196,746
  • Other: $22,822


Official website here: www.unitedchurchhomes.org/housing_oh_friendship.php

Where can I find the form 990 for Friendship Plaza I Inc?

Friendship Plaza I Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.unitedchurchhomes.org/housing_oh_friendship.php

Learn more at the official website: www.unitedchurchhomes.org/housing_oh_friendship.php

Mission Statement of Friendship Plaza I Inc

Friendship Plaza I Inc, as a nonprofit organization, is committed to providing safe and affordable housing for low-income elderly and handicapped individuals. This mission is carried out through the U.S. Department of Housing and Urban Development's Section 202 Program. The primary objective of Friendship Plaza I Inc is to offer subsidized apartment rental units to approximately 30 vulnerable individuals, ensuring they have a secure and affordable living space. By doing so, the nonprofit organization aims to contribute positively to the well-being and independence of this specific group of people.

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Impact




October, 2024

Friendship Plaza I Inc significantly impacts its community by providing safe and affordable housing specifically for low-income elderly and handicapped individuals. By offering subsidized apartment rental options through the U.S. HUD Sections 202 Program, it enhances the quality of life for approximately 30 residents, ensuring they have a stable and secure living environment.

In doing so, Friendship Plaza I Inc addresses critical housing needs for vulnerable populations, promoting dignity and independence among elderly and handicapped persons. This initiative not only alleviates the financial burden on low-income families but also fosters a sense of community and belonging, which is vital for mental and emotional well-being. Through its mission, Friendship Plaza I Inc plays a crucial role in improving housing accessibility and supporting the overall welfare of its residents in Marion, OH.




This information is meant to be a general summary of Friendship Plaza I 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
$283,058 (2022)
Expenses
$308,580 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $208
  • Program Service Revenue: $111,238
  • Gross Receipts: $283,058

Assets and Liabilities:

  • Total Assets: $887,755
  • Total Liabilities: $2,311,528
  • Net Assets: -$1,423,773

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Programs

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

Rent Revenue

Revenue

$111,238

Organization Details

Founding Year

1999

Principal Officer

Mary Anna Speller

Main Address

170 East Center Street PO Box 1806, Marion, OH, 433011806

NTEE Category

Code: L22 - Housing

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