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Fulton Gardens Ii Corporation

Fulton Gardens Ii

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

EIN: 460610939 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Fulton Gardens Ii Corporation?

Fulton Gardens II Corporation is a nonprofit organization located in Houston, Texas, specifically at 3517 Irvington Blvd, 77009. Their primary mission is to operate an affordable housing project, named Fulton Gardens II, catering to elderly persons, individuals, and households with low and very low incomes. This project, regulated by HUD under Section 202 of the National Housing Act, consists of a 39-unit apartment complex situated in Harris County, Texas. The organization, employing a team of three individuals, aims to contribute to the Near Northside community of Houston with the assistance of the U.S. Department of Housing and Urban Development.

Is Fulton Gardens Ii Corporation legitimate?

Fulton Gardens Ii Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fulton Gardens Ii Corporation 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: $36,226

For more financial information, click here

What is the mission statement of Fulton Gardens Ii Corporation?

Fulton Gardens II Corporation's mission is centered around operating an affordable housing project. This project is specifically designed for elderly individuals and households with low and very low incomes. Their mission extends beyond just housing, as they also receive assistance from the U.S. Department of Housing and Urban Development. The project, located in Houston, Texas, consists of a 39-unit apartment complex, which is regulated by HUD under Section 202 of the National Housing Act. The corporation's primary objective is to provide affordable housing options for those in need.

Who is the CEO of Fulton Gardens Ii Corporation?

Mary Lawler is the President of Fulton Gardens Ii Corporation.

What is the revenue of Fulton Gardens Ii Corporation?

Fulton Gardens Ii Corporation's revenue in 2022 was $245,527.

Who are the executives of Fulton Gardens Ii Corporation and what are their salaries?

The average compensation at Fulton Gardens Ii Corporation during 2022 was $12,075. There are 3 employees at Fulton Gardens Ii Corporation.


Here are 6 key members and their salaries:


Mary Lawler (President)
  • Compensation: $0
  • Related: $178,401
  • Other: $8,175
Cassandra Silvernail (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Bryant (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Espada (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Tesar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Viola Solomon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fulton Gardens Ii Corporation?

Fulton Gardens Ii Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fulton Gardens Ii Corporation

Fulton Gardens II Corporation is committed to operating an affordable housing project, catering to elderly persons and households with low and very low incomes. This mission is carried out in the spirit of providing a safe and affordable living space, with the assistance of the U.S. Department of Housing and Urban Development. The corporation's project, located in Houston, Texas, is a 39-unit apartment complex regulated under Section 202 of the National Housing Act by the HUD. The primary goal of Fulton Gardens II Corporation is to ensure that elderly individuals have access to affordable and comfortable living arrangements, thereby enhancing their quality of life.

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Impact




October, 2024

Fulton Gardens II Corporation significantly contributes to the well-being of the Houston community by providing affordable housing for elderly individuals and low-income households in Harris County, Texas. By operating a 39-unit apartment complex under the regulations of HUD's Section 202 program, the organization addresses a critical need for safe and comfortable housing for seniors who may otherwise struggle to find suitable living arrangements.

Located in the near Northside community of Houston, Fulton Gardens II creates an inclusive environment that supports the independent living of elderly residents while offering a sense of community. The availability of affordable housing not only enhances the quality of life for these individuals but also positively impacts their families and the broader community by reducing homelessness and housing instability.

Through its mission, Fulton Gardens II fosters dignity and security for its residents, ensuring they have access to essential amenities and services that facilitate their well-being. Overall, the corporation plays a vital role in promoting equitable housing solutions for some of the most vulnerable populations in Houston.




This information is meant to be a general summary of Fulton Gardens Ii Corporation. 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
$245,527 (2022)
Expenses
$433,788 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5
  • Program Service Revenue: $232,308
  • Gross Receipts: $245,527

Assets and Liabilities:

  • Total Assets: $5,965,459
  • Total Liabilities: $49,101
  • Net Assets: $5,916,358

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Programs

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

HUD RENT SUPPLEMENT

Revenue

$147,416

RENTAL INCOME - TENANT

Revenue

$89,577

LAUNDRY, DAMAGES & OTH

Revenue

$1,267

VACANCIES

Revenue

-$5,952

Organization Details

Founding Year

2012

Principal Officer

Mary Lawler

Main Address

3517 IRVINGTON BLVD, HOUSTON, TX, 77009

NTEE Category

Code: L20 - Housing

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