First Active Seniors Corporation Iv

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

EIN: 364097546 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is First Active Seniors Corporation Iv?

First Active Seniors Corporation Iv is a nonprofit organization situated in Chicago, Illinois. Their primary focus is on serving active senior citizens, providing them with housing and associated upkeep and maintenance costs. Their mission extends beyond just providing living spaces, encompassing assisted care, community services, and other essential provisions tailored to the needs of senior citizens.

Is First Active Seniors Corporation Iv legitimate?

First Active Seniors Corporation Iv is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Active Seniors Corporation Iv 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: $37,876

For more financial information, click here

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

First Active Seniors Corporation Iv is committed to providing housing, assisted care, community, and various other services to active senior citizens. Their mission is aimed at ensuring the well-being and support of this demographic, catering to their unique needs and requirements. The corporation incurs expenses to maintain the housing units and related costs, ensuring that the living conditions for active seniors are upheld. Through these services, they strive to enhance the quality of life for senior citizens, offering them a sense of community and assistance where needed.

Who is the CEO of First Active Seniors Corporation Iv?

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

What is the revenue of First Active Seniors Corporation Iv?

First Active Seniors Corporation Iv's revenue in 2023 was $213,013.

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


Here are 3 key members and their salaries:


Patricia Lux (Treasurer)
  • Compensation: $0
  • Related: $44,145
  • Other: $0
Mr Michael J Fiandaca (President)
  • Compensation: $0
  • Related: $43,279
  • Other: $0
John Fiandaca (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for First Active Seniors Corporation Iv?

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

Mission Statement of First Active Seniors Corporation Iv

First Active Seniors Corporation Iv is dedicated to serving the needs of active senior citizens. Their mission is to provide housing, assisted care, community services, and various other resources tailored to this demographic. The organization's primary objective is to ensure the well-being and comfort of senior citizens by managing expenses incurred for maintaining housing units and related costs. By offering these services, First Active Seniors Corporation Iv aims to contribute positively to the lives of active senior citizens, enabling them to live comfortably and independently.

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Impact




October, 2024

First Active Seniors Corporation IV plays a vital role in enhancing the quality of life for active senior citizens in Chicago, Illinois. By providing housing options and assisted care services, it addresses the unique needs of seniors who seek independence while requiring some level of support. The organization ensures that housing units are well-maintained and that residents have access to community services that promote social engagement and well-being.

The impact extends beyond merely offering shelter; it fosters a sense of community among seniors, encouraging social interaction and reducing isolation. By focusing on the upkeep and maintenance of these housing units, the corporation not only safeguards the living environment but also contributes to the residents' overall health and happiness. Through its dedication to service, First Active Seniors Corporation IV empowers seniors to live fulfilling lives while receiving the assistance they may require.




This information is meant to be a general summary of First Active Seniors Corporation Iv. 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
$213,013 (2023)
Expenses
$351,422 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $213,013
  • Gross Receipts: $213,013

Assets and Liabilities:

  • Total Assets: $1,937,908
  • Total Liabilities: $4,631,162
  • Net Assets: -$2,693,254

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Programs

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

BASIC SERVICE FEES

Revenue

$146,613

RESALE REVENUE

Revenue

$59,870

SERVICE REVENUE

Revenue

$6,530

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

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