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Ferriday Place Inc

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

EIN: 582484961 ✦ Ferriday, LA ✦ Designated as a 501(c)(3)

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Overview

What is Ferriday Place Inc?

Ferriday Place Inc, situated in Ferriday, Louisiana, is a dedicated nonprofit organization that specializes in providing senior housing for individuals with limited income. Their primary mission is to operate a 16-unit apartment complex, catering specifically to elderly individuals who are financially disadvantaged. This housing program aims to offer a safe and comfortable living environment for this vulnerable population.

Is Ferriday Place Inc legitimate?

Ferriday Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ferriday Place 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 Ferriday Place Inc?

Ferriday Place Inc, a senior housing program, is committed to providing affordable living accommodations for elderly individuals with limited income. The organization operates a 16-unit apartment complex to cater to this specific group. Their mission is centered around offering low-income elderly persons a suitable living environment.

Who is the CEO of Ferriday Place Inc?

Debra Walker is the Secretary of Ferriday Place Inc.

What is the revenue of Ferriday Place Inc?

Ferriday Place Inc's revenue in 2023 was $105,015.

Who are the executives of Ferriday Place Inc and what are their salaries?


Here are 7 key members and their salaries:


Dewayne Guice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guy Barfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Michael Owens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis White (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Walker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amberson Hayes Wade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arnall Thomas Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Ferriday Place Inc?

Ferriday Place Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Ferriday Place Inc

Ferriday Place Inc, a nonprofit organization, is dedicated to serving the needs of low-income elderly individuals. Their mission is to provide a 16-unit apartment complex that serves as a home for this specific population. This housing program is a crucial resource, offering a safe and affordable living environment for the elderly who may be facing financial challenges. By offering this low-income elderly housing, Ferriday Place Inc contributes to the well-being and independence of this vulnerable group, allowing them to maintain their dignity and quality of life. The organization's mission is a testament to its commitment to supporting the elderly and ensuring that they have access to the resources they need to age with dignity and independence.

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Impact




October, 2024

Ferriday Place Inc significantly impacts the community by providing essential housing for low-income elderly individuals in Ferriday, Louisiana. The organization operates a 16-unit apartment complex designed specifically to meet the needs of senior residents, ensuring they have access to safe, affordable living options. By addressing the critical issue of low-income housing for the elderly, Ferriday Place Inc plays a vital role in enhancing the quality of life for its residents, allowing them to maintain their independence while ensuring they have the necessary support and community. Its commitment to serving this demographic helps create a more inclusive and supportive environment for seniors in the area.




This information is meant to be a general summary of Ferriday Place 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
$105,015 (2023)
Expenses
$145,342 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $30
  • Program Service Revenue: $43,839
  • Gross Receipts: $105,015

Assets and Liabilities:

  • Total Assets: $418,392
  • Total Liabilities: $45,670
  • Net Assets: $372,722

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Organization Details

Principal Officer

Debra Walker

Main Address

PO BOX 1793, FERRIDAY, LA, 71334

NTEE Category

Code: L22 - Housing

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