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Fairway Cooperative Association Inc

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

EIN: 352092492 ✦ West lafayette, IN ✦ Designated as a 501(c)(7)

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Overview

What is Fairway Cooperative Association Inc?

Fairway Cooperative Association Inc is a nonprofit organization that offers its members a shared living experience. Their primary objective is to provide room and board, fostering an environment where individuals can come together and dedicate their time and efforts towards serving each other, the community, and their faith. During the tax year, they had around 55 active members committed to this shared living arrangement.


Official website here: www.fairway.org

Is Fairway Cooperative Association Inc legitimate?

Fairway Cooperative Association Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Fairway Cooperative Association 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: $0

For more financial information, click here


Official website here: www.fairway.org

What is the mission statement of Fairway Cooperative Association Inc?

The Fairway Cooperative Association's mission is centered around providing living accommodations and meals for its members. This setting encourages its members to collaborate, contributing to the betterment of one another, the community, and their faith. During the tax year, approximately 55 active members were part of this cooperative endeavor.


Official website here: www.fairway.org

Who is the CEO of Fairway Cooperative Association Inc?

Grant Robinson is the Board President of Fairway Cooperative Association Inc.


Official website here: www.fairway.org

What is the revenue of Fairway Cooperative Association Inc?

Fairway Cooperative Association Inc's revenue in 2022 was $373,125.


Official website here: www.fairway.org

Who are the executives of Fairway Cooperative Association Inc and what are their salaries?


Here are 2 key members and their salaries:


Zach Garrett (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grant Robinson (Board Vp/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fairway.org

Where can I find the form 990 for Fairway Cooperative Association Inc?

Fairway Cooperative Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fairway.org

Learn more at the official website: www.fairway.org

Mission Statement of Fairway Cooperative Association Inc

Fairway Cooperative Association Inc, a nonprofit organization, is dedicated to providing room and board for its members. Its mission is to facilitate an environment where members can come together and share in the experience of serving one another, the community, and their faith. By offering accommodation and meals, this cooperative encourages its members to work in unity and devote their efforts towards a common goal. Throughout the tax year, approximately 55 active members were part of this community.

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Impact




October, 2024

Fairway Cooperative Association Inc has a significant impact on its members and the broader community by providing room and board that fosters a strong sense of community and shared purpose. With approximately 55 active members, the association enables individuals to live collaboratively, sharing resources and supporting one another. This cooperative living arrangement not only meets basic housing needs but also encourages members to engage in service to each other and the community.

By creating an environment where members can dedicate their efforts to mutual support and community service, Fairway Cooperative Association cultivates a culture of camaraderie and shared responsibility. Members are empowered to contribute to a positive living environment while also extending their outreach to the surrounding community, thereby reinforcing social ties and enhancing the overall quality of life in West Lafayette, Indiana. The association plays a vital role in building a network of trust, collaboration, and commitment among its members, which extends beyond their immediate living arrangements to impact community well-being.




This information is meant to be a general summary of Fairway Cooperative Association 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
$373,125 (2022)
Expenses
$380,672 (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: $360,809
  • Gross Receipts: $382,655

Assets and Liabilities:

  • Total Assets: $1,013,496
  • Total Liabilities: $536,535
  • Net Assets: $476,961

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Programs

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

MEMBERSHIP DUES

Revenue

$360,763

INTEREST INCOME

Revenue

$46

Organization Details

Founding Year

1998

Principal Officer

Grant Robinson

Main Address

1320 DAVID ROSS ROAD, WEST LAFAYETTE, IN, 47906

NTEE Category

Code: L80 - Housing

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