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Guam Facilities Foundation Inc

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

EIN: 660861138 ✦ Dededo, GU ✦ Designated as a 501(c)(3)

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Overview

What is Guam Facilities Foundation Inc?

Guam Facilities Foundation Inc, based in Dededo, GU, is a dedicated nonprofit organization. Their primary mission is to develop and construct simple, yet well-maintained, affordable housing units for individuals in need, thereby promoting low-income housing. The Foundation's operations encompass various aspects, including managing expenses related to the development and construction of these homes. By providing affordable housing, the Foundation aims to make a significant impact on the community and contribute to improving living conditions for those in need.


Official website here: www.gffi.net

Is Guam Facilities Foundation Inc legitimate?

Guam Facilities Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Guam Facilities 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $302,608

For more financial information, click here


Official website here: www.gffi.net

What is the mission statement of Guam Facilities Foundation Inc?

Guam Facilities Foundation Inc's mission is centered around the development and construction of simple, adequate, and affordable housing for individuals in need. The organization is also committed to promoting and supporting low-income housing initiatives. Their activities encompass operational expenses, aimed at addressing housing needs effectively. In essence, Guam Facilities Foundation Inc plays a significant role in providing affordable housing solutions for those in need.


Official website here: www.gffi.net

Who is the CEO of Guam Facilities Foundation Inc?

Nenita Baldovino is the Director of Guam Facilities Foundation Inc.


Official website here: www.gffi.net

What is the revenue of Guam Facilities Foundation Inc?

Guam Facilities Foundation Inc's revenue in 2022 was $363,510.


Official website here: www.gffi.net

Who are the executives of Guam Facilities Foundation Inc and what are their salaries?

The average compensation at Guam Facilities Foundation Inc during 2022 was $17,800. There are 17 employees at Guam Facilities Foundation Inc.


Here are 3 key members and their salaries:


Lilibeth Elamparo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nenita Baldovino (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candy C Okuhama (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gffi.net

Where can I find the form 990 for Guam Facilities Foundation Inc?

Guam Facilities Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gffi.net

Learn more at the official website: www.gffi.net

Mission Statement of Guam Facilities Foundation Inc

Guam Facilities Foundation, as a nonprofit organization, is dedicated to a noble mission. It seeks to develop and construct simple, yet decent, affordable housing solutions for individuals in need. This mission extends beyond just constructing houses; it also involves fostering the growth of low-income housing. By doing so, the Foundation aims to address the housing needs of vulnerable populations, providing them with a sense of security and stability. This mission is a testament to the Foundation's commitment to social responsibility and its desire to contribute positively to its community.

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Impact




October, 2024

Guam Facilities Foundation Inc significantly impacts the community by addressing the critical need for affordable housing. By developing and constructing simple, decent homes for individuals and families in need, it plays a crucial role in enhancing living conditions and providing stability to low-income households. The foundation's efforts not only contribute to the availability of low-income housing but also foster dignity and security for those who might otherwise struggle to find adequate shelter. Located in Dededo, GU, the foundation's initiatives create a ripple effect, promoting community cohesion and improving the overall quality of life for vulnerable populations. Through its commitment to affordable housing, the foundation empowers individuals and families, helping them build a brighter future.




This information is meant to be a general summary of Guam Facilities 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.

Revenue
$363,510 (2022)
Expenses
$351,929 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $363,510
  • Gross Receipts: $363,510

Assets and Liabilities:

  • Total Assets: $608,405
  • Total Liabilities: $370,230
  • Net Assets: $238,175

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Management Agent Fees

Revenue

$37,752

Management services

Revenue

$325,758

Organization Details

Founding Year

2011

Principal Officer

Nenita Baldovino

Main Address

111 Chalan Pipitas Summer Town Est, Dededo, GU, 96929

NTEE Category

Code: L20 - Housing

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