First Active Seniors Corporation I

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

EIN: 364095735 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is First Active Seniors Corporation I?

First Active Seniors Corporation I is a nonprofit organization situated in Chicago, Illinois. With a workforce of nine individuals, their primary mission is to provide housing, assisted care, community, and other necessary services to active senior citizens. They incur expenses for maintaining the housing units and related costs to ensure the well-being of the seniors. Their activities are centered around offering a supportive living environment for the elderly, enhancing their quality of life.

Is First Active Seniors Corporation I legitimate?

First Active Seniors Corporation I is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Active Seniors Corporation I 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: $22,065
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,294

For more financial information, click here

What is the mission statement of First Active Seniors Corporation I?

First Active Seniors Corporation I is dedicated to providing housing, assisted care, community services, and other necessary aid to active senior citizens. Their mission is to ensure the well-being and comfort of elderly individuals by managing and maintaining their living spaces, and offering additional support services. The corporation's activities are primarily focused on covering the expenses related to the upkeep and maintenance of senior living units, as well as various related costs.

Who is the CEO of First Active Seniors Corporation I?

Michael Fiandaca is the Treasurer of First Active Seniors Corporation I.

What is the revenue of First Active Seniors Corporation I?

First Active Seniors Corporation I's revenue in 2023 was $329,387.

Who are the executives of First Active Seniors Corporation I and what are their salaries?

The average compensation at First Active Seniors Corporation I during 2023 was $6,040. There are 9 employees at First Active Seniors Corporation I.


Here are 3 key members and their salaries:


Patricia Lux (Treasurer)
  • Compensation: $0
  • Related: $44,145
  • Other: $0
Mr Michael Fiandaca (President)
  • Compensation: $22,065
  • Related: $21,214
  • Other: $0
John Fiandaca (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for First Active Seniors Corporation I?

First Active Seniors Corporation I's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of First Active Seniors Corporation I

First Active Seniors Corporation I is committed to providing housing, assisted care, community, and various other services to active senior citizens. Their mission is to ensure the well-being and comfort of senior individuals, providing them with the necessary support and care to live an active and fulfilling life. This includes maintaining the housing units and covering related costs to ensure a safe and comfortable living environment for the senior citizens residing there.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

First Active Seniors Corporation I plays a crucial role in enhancing the quality of life for active senior citizens in Chicago, Illinois. By providing housing, assisted care, and community services, the organization addresses a significant need within this demographic, ensuring they have access to safe and supportive living environments.

The primary impact of the corporation lies in its commitment to maintaining high standards of upkeep and maintenance for housing units dedicated to seniors. This focus on quality living conditions not only fosters a sense of security and comfort but also encourages community engagement among residents. By facilitating connections and providing services tailored to the needs of active seniors, First Active Seniors Corporation I empowers individuals to lead fulfilling lives.

Moreover, this initiative supports the broader human services landscape by addressing the intersection of housing and care, enabling seniors to age in place with dignity and support. Through its holistic approach, the organization significantly contributes to the wellbeing of active seniors, creating a positive ripple effect within the community.




This information is meant to be a general summary of First Active Seniors Corporation I. 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
$329,387 (2023)
Expenses
$477,327 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,926
  • Program Service Revenue: $272,572
  • Gross Receipts: $329,387

Assets and Liabilities:

  • Total Assets: $3,618,265
  • Total Liabilities: $7,931,151
  • Net Assets: -$4,312,886

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

BASIC SERVICE FEES

Revenue

$214,349

OTHER SERVICE FEES

Revenue

$1,333

RESALE PROCEEDS

Revenue

$56,890

Organization Details

Founding Year

1996

Principal Officer

Michael Fiandaca

Main Address

8 SOUTH MICHIGAN AVENUE STE 3100, CHICAGO, IL, 606033267

NTEE Category

Code: P81 - Human services

If you are a representative of First Active Seniors Corporation I and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.