Overview
What is Fcc Enterprises Inc?
Fcc Enterprises Inc is a nonprofit organization located in Portland, Oregon, with a specific mission. Rather than providing direct services or programs, its primary objective is to generate income. It achieves this by managing a parking garage, and the net profits generated from this venture are then transferred to its sole member, the First Christian Church in Portland. The profits serve to further the Church's objectives and mission. In essence, Fcc Enterprises Inc acts as a financial arm for the First Christian Church, supporting its activities through the revenue generated from the parking garage operation.
Is Fcc Enterprises Inc legitimate?
Fcc Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Fcc Enterprises 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
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What is the mission statement of Fcc Enterprises Inc?
Fcc Enterprises Inc exists primarily to manage a parking garage, with all net profits being transferred to its sole member, the First Christian Church in Portland, Oregon. These profits, in turn, contribute to furthering the church's mission. The company does not operate any programs of its own. Instead, its primary role is to support the church's mission through its parking garage operations. The profits generated from the garage contribute significantly to the church's charitable activities and initiatives. The exact nature of the church's mission is not specified in the provided information, but it is implied that the profits from Fcc Enterprises Inc help to accomplish it.
What is the revenue of Fcc Enterprises Inc?
Fcc Enterprises Inc's revenue in 2023 was -$6,964.
Who are the executives of Fcc Enterprises Inc and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Fcc Enterprises Inc?
Fcc Enterprises Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Fcc Enterprises Inc
Fcc Enterprises Inc, a unique organization, exists solely to serve a higher purpose. Its primary mission is to manage and operate a parking garage, with all net profits being transferred to its sole member, the First Christian Church in Portland, Oregon. These profits, in turn, are utilized to further the Church's mission. The company does not operate any programs of its own, but rather acts as a financial conduit to support the Church's initiatives.
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Impact
October, 2024
Fcc Enterprises Inc plays a vital role in supporting the mission of First Christian Church in Portland, Oregon, through the ownership and operation of a parking garage. By generating net profits from the parking facility, the organization provides significant financial resources to the church. These funds are directed towards fulfilling the church's mission, thereby contributing to community improvement and outreach initiatives. Without operating any additional programs, Fcc Enterprises Inc focuses solely on maximizing the efficiency and profitability of the parking garage, ensuring that the financial support it generates directly benefits the church and its services to the community. This relationship creates a sustainable model for funding the church's activities, reinforcing its impact in Portland.
This information is meant to be a general summary of Fcc Enterprises 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $251,406
Assets and Liabilities:
- Total Assets: $2,256,802
- Total Liabilities: $5,000
- Net Assets: $2,251,802
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Organization Details
Founding Year
2009
Principal Officer
Robin Knauerhase
NTEE Category
Code: S47 - Community improvement
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