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Forest Manor Community Development

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

EIN: 351787415 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Forest Manor Community Development?

Forest Manor Community Development is a nonprofit organization that manages its expenses meticulously. They allocate funds for various operational costs, including depreciation, automobile expenses, bank service charges, computer and internet expenses, dues and subscriptions, meals, office expenses, office supplies, small tools and equipment, job supplies, and bill pay. Their expenditures totaled $6,628, with significant investments in job supplies and small tools and equipment. The organization's mission, as described in the information, is not explicitly mentioned, but based on the detailed expenses, it appears that they focus on community development and providing resources or services to their local community.

Is Forest Manor Community Development legitimate?

Forest Manor Community Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forest Manor Community Development submitted a form 990EZ, 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.

What is the mission statement of Forest Manor Community Development?

Forest Manor Community Development does not provide a stated mission statement in the given information. However, based on their expenses, the organization appears to be engaged in various operational activities. They spent on depreciation, automobile expenses, bank service charges, computer and internet expenses, dues and subscriptions, meals, office expenses, office supplies, tools and equipment, job supplies, and bill pay. These expenses suggest that Forest Manor Community Development is involved in maintaining and running its operations, possibly for community development projects or services.

Who is the CEO of Forest Manor Community Development?

Ruth Ann Wright is the Executive Director of Forest Manor Community Development.

What is the revenue of Forest Manor Community Development?

Forest Manor Community Development's revenue in 2022 was $81,750.

Who are the executives of Forest Manor Community Development and what are their salaries?


Here are 2 key members and their salaries:


Vera Williams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Ann Wright (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Forest Manor Community Development?

Forest Manor Community Development's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Forest Manor Community Development

Forest Manor Community Development, as per the information provided, does not have an explicitly stated mission or activity description. However, from the data on their expenses, it can be inferred that the organization is engaged in various operational activities. They spend on depreciation, automobile expenses, bank service charges, computer and internet expenses, dues and subscriptions, meals, office expenses, office supplies, small tools, equipment, and furniture, as well as job supplies and bill pay. While these expenses do not directly indicate a mission, they suggest that Forest Manor Community Development is involved in activities that require the use of these resources. Without further context or specific details, it is challenging to provide a more detailed or descriptive summary of their mission.

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Impact




October, 2024

Forest Manor Community Development plays a transformative role in the Indianapolis community by enhancing housing access and support. Their financial commitments reflect a comprehensive approach to improving community well-being: they invested in essential job supplies to empower residents and bolster local employment opportunities, spending $6,044 in this area.

In addition, they've invested in operational necessities, such as office supplies, which totaled $1,597, and small tools and equipment for $700, ensuring that their programs run efficiently. Their attention to technology and connectivity, with $880 spent on computer and internet expenses, highlights their understanding of the importance of digital access in today's world.

Through their expenditures on meals and community engagement—$183 allocated for meals—they foster a sense of community and belonging amongst residents. Moreover, the modest automobile expense of $1,083 indicates a commitment to mobility and accessibility, helping staff and community members navigate necessary resources more effectively.

Overall, the financial activities of Forest Manor Community Development reflect a robust commitment to enhancing the living conditions and opportunities for residents in Indianapolis, addressing immediate needs while also laying the groundwork for long-term community growth and resilience.




This information is meant to be a general summary of Forest Manor Community Development. 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
$81,750 (2022)
Expenses
$85,809 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $80,681
  • Gross Receipts: $81,750

Assets and Liabilities:

  • Total Assets: $250,543
  • Total Liabilities: $6,300
  • Net Assets: $244,243

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Organization Details

Principal Officer

Ruth Ann Wright

Main Address

2309 N CAPITOL AVE, INDIANAPOLIS, IN, 46205

NTEE Category

Code: L81 - Housing

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