Overview
What is Franklin Place Inc?
Franklin Place Inc is a nonprofit organization, established to offer housing solutions for low-income individuals dealing with mental health and intellectual or developmental disabilities. They have two ongoing projects in Frankfort, Kentucky, specifically: a 12-unit apartment complex and a 13-unit apartment complex, both designed to provide a secure living environment for this particular population. The organization's mission is centered around providing essential housing services, ensuring these individuals can live with dignity and support within their communities.
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Is Franklin Place Inc legitimate?
Franklin Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin 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.
Heare are some key statistics you may want to consider:
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Official website here: www.newvista.org
What is the mission statement of Franklin Place Inc?
Franklin Place Inc, as a nonprofit organization, is dedicated to providing housing solutions for individuals struggling with mental health issues and intellectual or developmental disabilities. They operate two apartment projects, housing a total of 25 individuals, to offer them a safe and supportive living environment. The primary aim of Franklin Place Inc is to promote independence and improve the quality of life for these individuals, enabling them to lead fulfilling and dignified lives. The organization's activities primarily revolve around ensuring access to affordable housing, thereby empowering its residents to overcome challenges and thrive in their communities.
Official website here: www.newvista.org
What is the revenue of Franklin Place Inc?
Franklin Place Inc's revenue in 2024 was $119,711.
Official website here: www.newvista.org
Who are the executives of Franklin Place Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.newvista.org
Where can I find the form 990EZ for Franklin Place Inc?
Franklin Place Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.
Official website here: www.newvista.org
Learn more at the official website: www.newvista.org
Mission Statement of Franklin Place Inc
Franklin Place Inc, as a nonprofit organization, is dedicated to providing housing solutions for individuals struggling with mental health and intellectual or developmental disabilities. Specifically, the corporation operates two apartment projects, each housing twelve units, to accommodate low-income individuals who fall under these categories. By offering housing, Franklin Place Inc aims to contribute to their residents' overall well-being and independence, fostering a supportive living environment.
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Impact
October, 2024
Franklin Place Inc significantly impacts the community by providing essential housing solutions for low-income individuals with mental health and intellectual and developmental disabilities. By operating two apartment projects in Frankfort, KY, with a total of 25 units, Franklin Place creates a safe and supportive environment for those in need, facilitating access to stable living conditions that are crucial for overall well-being.
The organization plays a vital role in improving the quality of life for its residents by addressing the housing crisis faced by vulnerable populations. This not only empowers individuals and helps them achieve greater independence but also fosters a sense of community and belonging for residents. In doing so, Franklin Place Inc contributes to community improvement by ensuring that all members have the opportunity for a dignified living experience, ultimately promoting inclusivity and social equity in the region.
This information is meant to be a general summary of Franklin 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $1,057
- Program Service Revenue: $118,654
- Gross Receipts: $119,711
Assets and Liabilities:
- Total Assets: $335,332
- Total Liabilities: $753,487
- Net Assets: -$418,155
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Organization Details
Website
www.newvista.orgNTEE Category
Code: S21Z - Community improvement
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