Overview
What is Fairhope Single Tax Corporation?
Fairhope Single Tax Corporation is a nonprofit organization situated at 336 Fairhope Avenue, Fairhope, Alabama 36532. With a team of four dedicated individuals, this organization's mission and activities, as per their Schedule O response, are not explicitly provided in the given information. However, it is a nonprofit entity that submits an annual Form 990 to the Internal Revenue Service.
Official website here: www.fairhopesingletax.com
Is Fairhope Single Tax Corporation legitimate?
Fairhope Single Tax Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Fairhope Single Tax 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: $36,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $184,924
For more financial information, click here
Official website here: www.fairhopesingletax.com
What is the mission statement of Fairhope Single Tax Corporation?
The mission statement of Fairhope Single Tax Corporation, as stated in their Form 990, is not directly provided in the information provided. However, it can be inferred that the organization's mission is detailed in the "Schedule O" section of their tax form. The specifics of this mission statement remain undisclosed in the information provided.
Official website here: www.fairhopesingletax.com
Who is the CEO of Fairhope Single Tax Corporation?
Michael Upchurch is the President of Fairhope Single Tax Corporation.
Official website here: www.fairhopesingletax.com
What is the revenue of Fairhope Single Tax Corporation?
Fairhope Single Tax Corporation's revenue in 2022 was $9,355,680.
Official website here: www.fairhopesingletax.com
Who are the executives of Fairhope Single Tax Corporation and what are their salaries?
The average compensation at Fairhope Single Tax Corporation during 2022 was $55,456. There are 4 employees at Fairhope Single Tax Corporation.
Here are 12 key members and their salaries:
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $1,750
- Related: $0
- Other: $0
Official website here: www.fairhopesingletax.com
Where can I find the form 990 for Fairhope Single Tax Corporation?
Fairhope Single Tax Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fairhopesingletax.com
Learn more at the official website: www.fairhopesingletax.com
Mission Statement of Fairhope Single Tax Corporation
Fairhope Single Tax Corporation, as per the information provided, does not openly disclose its mission or activities in a clear and concise manner. However, we can infer some details from the information available in the Form 990, Part I, Line 1, attached statement in Schedule O. According to this information, the organization's mission is not explicitly stated, but it is mentioned that the details can be found in the Schedule O response for Form 990, Part I, Line 1. This suggests that Fairhope Single Tax Corporation has a specific mission or purpose, but it is not publicly disclosed in the provided data. Therefore, it is unavailable to summarize or paraphrase at this time.
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Impact
October, 2024
The Fairhope Single Tax Corporation plays a significant role in the preservation and enhancement of the Fairhope community. By implementing a unique tax structure and zoning regulations, it fosters a sense of community and encourages sustainable development. This organization actively works towards community improvement, ensuring that Fairhope maintains its charm and character while facilitating growth.
Through its initiatives, Fairhope Single Tax Corporation promotes environmentally friendly practices and prioritizes the long-term well-being of the area. Their efforts contribute to local economic stability, enhance the quality of life for residents, and create a vibrant, attractive destination for visitors. Overall, the impact of Fairhope Single Tax Corporation is profound, as it helps to nurture a strong, interconnected community rooted in shared values and sustainable development practices.
This information is meant to be a general summary of Fairhope Single Tax 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $113,002
- Program Service Revenue: $9,219,574
- Gross Receipts: $9,355,680
Assets and Liabilities:
- Total Assets: $10,380,327
- Total Liabilities: $2,658,231
- Net Assets: $7,722,096
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS - NET
Revenue
$8,716,085
ADMINISTRATION FEES
Revenue
$381,949
LEASE FEES
Revenue
$115,600
LATE CHARGES
Revenue
$1,515
NEW MEMBER FEES
Revenue
$4,425
Organization Details
Founding Year
1905
Phone
(251) 928-8162Principal Officer
Michael Upchurch
Main Address
336 FAIRHOPE AVENUE, FAIRHOPE, AL, 36532
Website
www.fairhopesingletax.comNTEE Category
Code: S990 - Community improvement
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