Overview
What is Fec Holdings Inc?
Fec Holdings Inc is a holding company that focuses on investments in affordable housing. They have successfully revitalized an economically distressed project in East Chicago, Indiana, demonstrating their commitment to this cause. As of December 31, 2020, Fec Holdings Inc does not offer any active program services, but their primary mission remains in the realm of affordable housing.
Is Fec Holdings Inc legitimate?
Fec Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Fec Holdings 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 Fec Holdings Inc?
Fec Holdings Inc, functioning as a holding company, focuses on investments in affordable housing. They have demonstrated this commitment by acquiring, recapitalizing, and revitalizing an economically distressed housing project in Indiana. As of December 31, 2020, Fec Holdings Inc does not provide any active program services in this area. The company's mission revolves around enhancing affordable housing opportunities, leveraging its affiliate businesses to make a significant impact.
Who is the CEO of Fec Holdings Inc?
George Weems is the President of Fec Holdings Inc.
What is the revenue of Fec Holdings Inc?
Fec Holdings Inc's revenue in 2022 was $0.
Who are the executives of Fec Holdings Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for Fec Holdings Inc?
Fec Holdings Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Fec Holdings Inc
Fec Holdings Inc, functioning as a holding company, focuses on investing in affordable housing projects. They have demonstrated their commitment by acquiring, recapitalizing, and revitalizing an economically distressed housing project in East Chicago, Indiana. Despite not offering any current program services as of December 31, 2020, Fec Holdings' mission remains centered around affordable housing, utilizing their affiliate businesses to make a positive impact in this area.
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Impact
October, 2024
FEC Holdings Inc significantly impacts the affordable housing landscape by serving as a holding company focused on revitalizing economically distressed properties. Its recent efforts in East Chicago, Indiana, include the acquisition and recapitalization of a project that aims to improve living conditions and provide accessible housing options for local residents. Through its affiliate businesses, FEC Holdings is committed to enhancing community well-being and fostering economic stability in areas where affordable housing is crucial. Although there were no current program services as of December 31, 2020, the organization’s past initiatives underscore its potential role in community improvement and the ongoing efforts required to address housing needs in underserved areas.
This information is meant to be a general summary of Fec Holdings 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 2022.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Phone
(219) 392-4225Principal Officer
George Weems
Main Address
100 WEST CHICAGO AVE, EAST CHICAGO, IN, 46312
NTEE Category
Code: S47 - Community improvement
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