Overview
What is Fellowship Square Foundation Inc?
Fellowship Square Foundation Inc is a nonprofit organization situated in Reston, Virginia, dedicated to providing affordable housing and essential services for older adults and physically handicapped or disabled individuals. With a total of 11 employees, they manage four multi-housing apartment buildings in the Washington, D.C. region, accommodating nearly 800 residents across 670 units. The Lake Anne Fellowship House, a significant property, offers over 300 residents a mix of studio, one-bedroom, and two-bedroom units. These properties are regulated by the U.S. Housing and Urban Development (HUD) agency, which determines the amount of rent residents pay and the subsidy the Foundation receives to operate and maintain the property. The Lake Anne Fellowship House is strategically located in the historic Lake Anne Shopping District, providing easy access to stores, restaurants, and personal services like beauty salons. Furthermore, residents enjoy numerous tree-lined walking trails and participate in various programs, events, and activities organized by the Foundation to promote health, activity, and engagement.
Official website here: www.fellowshipsquare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95%
Fellowship Square Foundation Inc has received an impressive Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and effective financial management. With scores of 96 in Accountability & Finance and 100 in Leadership & Adaptability, the organization demonstrates a strong commitment to transparency and excellence in governance. Their program expense ratio, at 86.54%, reflects a significant investment in direct services for residents.
User feedback consistently highlights the organization's impactful programs aimed at enhancing the quality of life for low-income seniors. Volunteering and staff engagement have been noted as positive experiences, with many reviewers expressing gratitude for the supportive environment created for both residents and volunteers. Activities such as health seminars, classes, and community events foster a sense of belonging and engagement among residents, which is often praised.
Despite the overwhelmingly positive feedback, some reviews mention a need for continued improvements and upgrades to facilities. Nevertheless, users appreciate the efforts made by Fellowship Square to address these needs through proactive renovations and community investments. Overall, Fellowship Square is recognized for its dedication to providing safe, affordable housing and a thriving community for seniors.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Fellowship Square Foundation Inc legitimate?
Fellowship Square Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fellowship Square Foundation 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: $193,722
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,182,515
For more financial information, click here
Official website here: www.fellowshipsquare.org
What is the mission statement of Fellowship Square Foundation Inc?
The Fellowship Square Foundation Inc's mission is focused on providing affordable housing and services for elderly and physically handicapped or disabled individuals. The organization operates multiple housing apartments throughout various regions, offering a total of 670 units for nearly 800 residents. One of their properties, Lake Anne Fellowship House, comprises 240 affordable units, accommodating over 300 residents with a mix of studio, one-bedroom, and two-bedroom units. The properties are regulated by the US Housing and Urban Development (HUD) agency, determining the amount of rent residents pay and the subsidy the foundation receives to operate and maintain the property. Residents at Lake Anne Fellowship House enjoy the convenience of being located in the historic Lake Anne shopping district, which includes stores, restaurants, and personal services. Additionally, the property offers easy access to the Reston Community Center, providing exercise classes and personal enrichment programs, and numerous tree-lined walking trails and activities to keep residents healthy, active, and engaged.
Official website here: www.fellowshipsquare.org
Who is the CEO of Fellowship Square Foundation Inc?
Daniel Flavin is the President, Fsf of Fellowship Square Foundation Inc. The CEO's salary of Fellowship Square Foundation Inc is $166,540 and their total compensation is $187,965.
Official website here: www.fellowshipsquare.org
What is the revenue of Fellowship Square Foundation Inc?
Fellowship Square Foundation Inc's revenue in 2022 was $6,851,605.
Official website here: www.fellowshipsquare.org
Who are the executives of Fellowship Square Foundation Inc and what are their salaries?
The average compensation at Fellowship Square Foundation Inc during 2022 was $125,112. There are 11 employees and 19 volunteers at Fellowship Square Foundation Inc.
Here are 17 key members and their salaries (Fellowship Square Foundation Inc's CEO's salary is $166,540 and their total compensation is $187,965):
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- Compensation: $166,540
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Official website here: www.fellowshipsquare.org
Where can I find the form 990 for Fellowship Square Foundation Inc?
Fellowship Square Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fellowshipsquare.org
Learn more at the official website: www.fellowshipsquare.org
Mission Statement of Fellowship Square Foundation Inc
Fellowship Square Foundation Inc is committed to providing affordable housing and essential services for the elderly and physically disabled or handicapped individuals. The organization's mission is to offer a living space that is within their financial reach, ensuring that they maintain a decent standard of living. Fellowship Square Foundation Inc operates several multi-housing apartment buildings across the Washington, D.C. region, housing nearly 800 older adults. Among these properties, the Lake Anne Fellowship House stands out, offering 240 affordable units that accommodate over 300 residents. The property features a mix of studio, one-bedroom, and two-bedroom units, all regulated by the U.S. Housing and Urban Development (HUD) agency. This regulation ensures that residents pay a specific amount of rent and the organization receives a subsidy from HUD to operate and maintain the property effectively.
Located in the historic Lake Anne Shopping District, residents of Fellowship Square Foundation Inc's Lake Anne Fellowship House have easy access to various amenities, including stores, restaurants, and personal services such as beauty salons. Moreover, the Reston Community Center, which offers exercise classes and personal enrichment programs, is situated nearby. The picturesque atmosphere of the neighborhood is further enhanced by numerous tree-lined walking trails, providing residents with ample opportunities for recreation and exercise. Fellowship Square Foundation Inc goes beyond just offering housing; they also host various programs, events, and activities to keep their residents healthy, active, and engaged.
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Impact
July, 2024
Fellowship Square Foundation Inc's impact is significant in providing affordable housing and services to older adults in the Washington, D.C. region. With four multi-housing apartment buildings totaling 670 units, the organization serves nearly 800 older adults, including over 300 residents in the Lake Anne Fellowship House alone. These properties are regulated by the US Housing and Urban Development agency to ensure that residents pay an affordable amount of rent and receive necessary subsidies for operation and care.
Located in the historic Lake Anne shopping district, the Lake Anne Fellowship House offers a mix of studio, one-bedroom, and two-bedroom units, providing a comfortable living environment with easy access to stores, restaurants, personal services, and recreational facilities. Residents benefit from various programs, events, and activities designed to promote their health, activity, and engagement, as well as enjoy tree-lined walking trails and amenities within the community.
Through its commitment to affordable housing and support services, Fellowship Square Foundation Inc positively impacts the lives of older adults by offering them a safe, welcoming, and enriching living environment.
This information is meant to be a general summary of Fellowship Square Foundation 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.
- Investment Income: $375,286
- Program Service Revenue: $5,395,725
- Gross Receipts: $6,856,125
Assets and Liabilities:
- Total Assets: $21,996,759
- Total Liabilities: $257,512
- Net Assets: $21,739,247
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$4,353,682
MANAGEMENT FEES
Revenue
$907,043
DEVELOPMENT FEES - LAK
Revenue
$135,000
Organization Details
Founding Year
1960
Phone
(703) 860-2536Principal Officer
Daniel Flavin
Main Address
11260 ROGER BACON DRIVE STE 20, RESTON, VA, 20190
Website
www.fellowshipsquare.orgNTEE Category
Code: L20Z - Housing
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