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Fsa Asset Management Inc

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

EIN: 364503611 ✦ Kokomo, IN ✦ Designated as a 501(c)(2)

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Overview

What is Fsa Asset Management Inc?

Fsa Asset Management Inc, located in Kokomo, Indiana, is a real estate organization with a unique mission. Their primary focus is to rent out property to an affiliated exempt organization, serving as a holding company. This nonprofit organization is dedicated to managing and utilizing real estate resources effectively for its affiliated entity.

Is Fsa Asset Management Inc legitimate?

Fsa Asset Management Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Fsa Asset Management Inc 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 Fsa Asset Management Inc?

Fsa Asset Management, as a real estate organization, has a mission to rent out property to an affiliated exempt organization, acting as a holding company. This mission is designed to support the operations of the exempt organization, without providing specific details about the nature or purpose of the affiliated organization. This real estate organization's role is to provide a physical space for the exempt organization to operate, contributing to its overall operations and objectives.

Who is the CEO of Fsa Asset Management Inc?

Monica Gremelspacher is the President of Fsa Asset Management Inc.

What is the revenue of Fsa Asset Management Inc?

Fsa Asset Management Inc's revenue in 2022 was $73,086.

Who are the executives of Fsa Asset Management Inc and what are their salaries?


Here are 4 key members and their salaries:


Monica Gremelspacher (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Mclean (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Durham (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Cole (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Fsa Asset Management Inc?

Fsa Asset Management Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Fsa Asset Management Inc

Fsa Asset Management, as a real estate organization, is dedicated to fulfilling a unique mission. Their primary objective is to rent out real estate properties to an exempt organization serving as their holding company. This mission allows Fsa Asset Management to play a crucial role in supporting the operations of this affiliated organization. By providing rental properties, Fsa Asset Management contributes to the overall mission of this exempt organization, ultimately contributing to their success. This mission is a testament to Fsa Asset Management's commitment to supporting the work of their affiliated organization, ensuring their continued growth and impact in their respective fields.

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Impact




October, 2024

Fsa Asset Management Inc plays a crucial role in community improvement by managing and renting real property to affiliated exempt organizations in Kokomo, IN. This facilitates essential services and support for various initiatives within the community, contributing to local development and growth. By providing real estate solutions, Fsa Asset Management helps enhance the resources available for these organizations, which can lead to increased community engagement and improved quality of life for residents. Their impact extends beyond mere property management, as they create a foundation for collaboration and support that benefits the broader community.




This information is meant to be a general summary of Fsa Asset Management 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
$73,086 (2022)
Expenses
$85,605 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $186
  • Program Service Revenue: $72,900
  • Gross Receipts: $73,086

Assets and Liabilities:

  • Total Assets: $484,974
  • Total Liabilities: $53,278
  • Net Assets: $431,696

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Organization Details

Principal Officer

Monica Gremelspacher

Main Address

618 S MAIN ST, KOKOMO, IN, 469015462

NTEE Category

Code: S47 - Community improvement

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