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Passman Plaza Ii Inc

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

EIN: 721326307 ✦ Monroe, LA ✦ Designated as a 501(c)(3)

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Overview

What is Passman Plaza Ii Inc?

Passman Plaza II Inc is a nonprofit organization situated in Monroe, Louisiana, with an address at 300 Harrison Street. Their primary mission is to provide assisted living facilities for the elderly and individuals with disabilities. They accomplish this by managing 39 units of government-assisted housing, fulfilling their exempt purpose. This nonprofit organization aims to improve the quality of life for its residents, ensuring they receive the necessary care and support.

Is Passman Plaza Ii Inc legitimate?

Passman Plaza Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Passman Plaza Ii 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: $45,884

For more financial information, click here

What is the mission statement of Passman Plaza Ii Inc?

Passman Plaza II Inc. is dedicated to serving the elderly and handicapped community by operating 39 units of government-assisted housing. Their primary mission is to carry out this duty in accordance with their exempt purpose. Essentially, this organization provides assisted living facilities to cater to the needs of the elderly and handicapped population. Their operations are geared towards enhancing the quality of life for these individuals, offering them a supportive living environment.

Who is the CEO of Passman Plaza Ii Inc?

Joe Farr is the President of Passman Plaza Ii Inc.

What is the revenue of Passman Plaza Ii Inc?

Passman Plaza Ii Inc's revenue in 2023 was $146,237.

Who are the executives of Passman Plaza Ii Inc and what are their salaries?


Here are 9 key members and their salaries:


Patricia Gix (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hal Hinchcliffe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gladys Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Taylor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaiah Woods (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Farmer (Secretary-Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Farr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loretta Hudson (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Smart (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Passman Plaza Ii Inc?

Passman Plaza Ii Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Passman Plaza Ii Inc

Passman Plaza II Inc is dedicated to serving the elderly and handicapped population by operating 39 units of government-assisted housing. This organization carries out its mission with the aim of providing assisted living solutions for these individuals, thereby fulfilling its exempt purpose. Through its housing facilities, Passman Plaza II Inc offers a supportive environment that caters to the unique needs of its residents, ensuring they live with dignity and independence. The organization's commitment to this cause is evident in its operation of these units, which are specifically designed for the elderly and handicapped population, thereby making a significant contribution to their well-being.

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Impact




October, 2024

Passman Plaza II Inc plays a crucial role in addressing the housing needs of vulnerable populations in Monroe, Louisiana, by providing 39 units of government-assisted housing specifically designed for the elderly and handicapped. This organization ensures that individuals who may face difficulties in securing safe and suitable living conditions have access to comfortable and supportive environments.

By offering assisted living, Passman Plaza II Inc enhances the quality of life for its residents, allowing them to maintain their independence while receiving the necessary care and support. The impact extends beyond just housing; it fosters a sense of community, addresses critical health and safety concerns, and improves overall well-being for its residents.

Furthermore, by operating these housing units, Passman Plaza II Inc contributes to the larger social fabric of Monroe, promoting stability and integration for elderly and handicapped individuals who might otherwise struggle to find adequate housing options. Its presence ultimately supports diverse community needs and enhances the socioeconomic landscape of the area.




This information is meant to be a general summary of Passman Plaza Ii 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
$146,237 (2023)
Expenses
$228,684 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $3,115
  • Program Service Revenue: $143,122
  • Gross Receipts: $146,237

Assets and Liabilities:

  • Total Assets: $1,509,521
  • Total Liabilities: $2,181,564
  • Net Assets: -$672,043

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Programs

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

RENTAL INCOME

Revenue

$138,837

TENANT CHARGES

Revenue

$4,285

Organization Details

Founding Year

1996

Principal Officer

Joe Farr

Main Address

300 HARRISON STREET, MONROE, LA, 71201

NTEE Category

Code: L20 - Housing

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