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Fairmount Plaza Inc

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

EIN: 431905847 ✦ Independence, MO ✦ Designated as a 501(c)(3)

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Overview

What is Fairmount Plaza Inc?

Fairmount Plaza Inc is a nonprofit organization situated in Independence, Missouri. Its primary mission is to provide affordable housing for elderly individuals, with a 57-unit complex operating under Section 202 and Section 8 of the National Housing Act. This organization's activities are centered around offering low-income housing, ensuring that the elderly population in the area has a suitable living environment.

Is Fairmount Plaza Inc legitimate?

Fairmount Plaza Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairmount Plaza 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: $106,499

For more financial information, click here

What is the mission statement of Fairmount Plaza Inc?

Fairmount Plaza Inc, as an organization, is committed to providing low-income housing for elderly individuals. They operate a 57-unit apartment complex, adhering to Section 202 and Section 8 of the National Housing Act, thereby offering affordable housing options for eligible elderly residents. Their mission is centered around supporting this demographic, ensuring they have access to suitable living arrangements.

Who is the CEO of Fairmount Plaza Inc?

William A Rogers is the President of Fairmount Plaza Inc.

What is the revenue of Fairmount Plaza Inc?

Fairmount Plaza Inc's revenue in 2022 was $412,798.

Who are the executives of Fairmount Plaza Inc and what are their salaries?


Here are 7 key members and their salaries:


William A Rogers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Greene (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linnette Ferguson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Gerling (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
8 (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Mitchell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Waterson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fairmount Plaza Inc?

Fairmount Plaza Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fairmount Plaza Inc

Fairmount Plaza Inc, as a nonprofit organization, is committed to providing low-income housing for elderly individuals. In line with this mission, the corporation operates a 57-unit apartment complex, which is funded under Section 202 and Section 8 of the National Housing Act. This affordable housing provision caters to qualifying elderly individuals, ensuring they have a suitable living space. By offering such accommodations, Fairmount Plaza Inc contributes to the well-being and comfort of elderly individuals who may otherwise face housing challenges.

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Impact




October, 2024

Fairmount Plaza Inc significantly enhances the quality of life for elderly individuals in Independence, MO, by providing affordable housing options through its 57-unit apartment complex. By operating under Section 202 and Section 8 of the National Housing Act, it ensures that qualifying seniors have access to secure and low-income housing. This focus on affordable living arrangements addresses a critical need among elderly residents, promoting stability, community engagement, and overall well-being. The presence of such housing options allows seniors to maintain their independence while living in a supportive environment tailored to their needs.




This information is meant to be a general summary of Fairmount Plaza 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
$412,798 (2022)
Expenses
$500,475 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $88
  • Program Service Revenue: $412,710
  • Gross Receipts: $412,798

Assets and Liabilities:

  • Total Assets: $2,419,592
  • Total Liabilities: $43,573
  • Net Assets: $2,376,019

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Programs

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

RENTAL REVENUE

Revenue

$409,840

LAUNDRY AND VENDING

Revenue

$2,870

Organization Details

Founding Year

2000

Principal Officer

William A Rogers

Main Address

615 S HUTTIG AVENUE, INDEPENDENCE, MO, 64053

NTEE Category

Code: L21 - Housing

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