Franson-Risberg Memorial Mission Ho

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

EIN: 366144183 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Franson-Risberg Memorial Mission Ho?

Franson-Risberg Memorial Mission Ho is a nonprofit organization situated in Chicago, Illinois. With a modest workforce of five individuals, their primary focus is on providing affordable housing for missionaries and religious school students. The organization's mission is centered around this essential service, ensuring that individuals dedicated to religious pursuits have a suitable living space during their studies or missions.


Official website here: www.fransonrisberg.org

Is Franson-Risberg Memorial Mission Ho legitimate?

Franson-Risberg Memorial Mission Ho is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franson-Risberg Memorial Mission Ho 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: $8,972

For more financial information, click here


Official website here: www.fransonrisberg.org

What is the mission statement of Franson-Risberg Memorial Mission Ho?

The Franson-Risberg Memorial Mission Ho's mission is centered around providing affordable housing solutions. This organization extends its services to both missionaries and students of religious schools, ensuring they have access to reasonably priced accommodations. By doing so, it contributes to the well-being of these individuals, enabling them to focus on their respective religious or educational pursuits without the burden of high housing costs.


Official website here: www.fransonrisberg.org

Who is the CEO of Franson-Risberg Memorial Mission Ho?

John Cook is the Director of Franson-Risberg Memorial Mission Ho.


Official website here: www.fransonrisberg.org

What is the revenue of Franson-Risberg Memorial Mission Ho?

Franson-Risberg Memorial Mission Ho's revenue in 2022 was $165,296.


Official website here: www.fransonrisberg.org

Who are the executives of Franson-Risberg Memorial Mission Ho and what are their salaries?

The average compensation at Franson-Risberg Memorial Mission Ho during 2022 was $1,794. There are 5 employees at Franson-Risberg Memorial Mission Ho.


Here are 4 key members and their salaries:


Miquel Rodriquez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arden Swanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Cook (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenton Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fransonrisberg.org

Where can I find the form 990 for Franson-Risberg Memorial Mission Ho?

Franson-Risberg Memorial Mission Ho's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fransonrisberg.org

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

Mission Statement of Franson-Risberg Memorial Mission Ho

Franson-Risberg Memorial Mission Ho is dedicated to providing affordable housing for missionaries and religious school students. This nonprofit organization's mission is centered around offering a cost-effective living solution, ensuring that individuals who are committed to serving religious or missionary purposes can focus on their work without being burdened by high housing costs. By providing low-cost housing, Franson-Risberg Memorial Mission Ho plays a significant role in supporting these individuals in their spiritual journeys and educational pursuits.

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Impact




October, 2024

Franson-Risberg Memorial Mission Ho significantly enhances the lives of missionaries and religious school students by providing low-cost housing options in Chicago, IL. This initiative addresses the pressing need for affordable living accommodations, enabling individuals committed to their faith-based missions or education to focus more on their spiritual and academic pursuits without the burden of high living costs. By alleviating housing expenses, the organization fosters a supportive community that encourages personal and professional growth among its residents, ultimately strengthening the broader mission-driven efforts in the region.




This information is meant to be a general summary of Franson-Risberg Memorial Mission Ho. 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
$165,296 (2022)
Expenses
$182,770 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $16
  • Program Service Revenue: $174,715
  • Gross Receipts: $165,296

Assets and Liabilities:

  • Total Assets: $271,442
  • Total Liabilities: $0
  • Net Assets: $271,442

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Programs

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

GROSS INCOME

Revenue

$169,807

GUEST SUITE

Revenue

$3,130

LESS REFUNDS & NSF CHECKS

Revenue

$1,778

Organization Details

Founding Year

1966

Principal Officer

John Cook

Main Address

2839 W MCLEAN AVE, CHICAGO, IL, 60647

NTEE Category

Code: L00 - Housing

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