Overview
What is Foundation Communities Group Return?
Foundation Communities Group Return is a nonprofit organization based in Austin, Texas, with a focus on improving community stability through affordable housing and educational services for low-income residents. They operate over 3,733 housing units, including multi-family and single room occupancy units, managing and supervising the properties through Foundation Communities, Inc. On-site learning centers offer free after-school and summer programs for children, while adults receive essential classes in English as a Second Language, financial literacy, exercise, and healthy living. Social work case managers provide individualized assistance to families at or below 30% median family income, addressing issues that could potentially disrupt household stability. Their mission is to create housing where families succeed by providing affordable living spaces and supportive social services, ultimately aiming to educate, support, and enhance the financial standing of the working poor and their communities.
Official website here: www.foundcom.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Foundation Communities has achieved a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scored particularly well in areas such as having a fully independent board and comprehensive financial oversight. With a program expense ratio of 100%, it demonstrates a strong commitment to directing resources toward its mission.
User feedback on Great Nonprofits reveals a dichotomy in experiences among clients. Many residents appreciate the supportive environment and resources available, such as food pantries and assistance in rebuilding their lives, particularly for those who have experienced homelessness. Positive testimonials highlight the affordability of housing and the dedicated staff.
Conversely, some reviews express serious concerns about privacy and discrimination, with claims of invasive surveillance and poor staff conduct. These criticisms suggest a need for improvement in client relations and transparency. Overall, while Foundation Communities has significant strengths, addressing these negative experiences is crucial for enhancing its reputation among clients.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Foundation Communities Group Return?
92% of 47 reviewers on Facebook recommend Foundation Communities Group Return. Here is a summary of their reviews:
Many individuals express significant concerns regarding safety and cleanliness in their living environments. Issues such as frequent police activity, sanitation problems, and property damage are frequently mentioned, leading some to feel unsettled and unsafe. Despite these challenges, a majority of reviewers still rate the organization positively, indicating that they appreciate various aspects of the services provided.
While safety criticisms appear prominently, supporters of the nonprofit often highlight their dedication to community well-being and affordable housing initiatives. Overall, it seems that while there are serious concerns about living conditions, many still find value in the mission of Foundation Communities and recommend it based on their experiences.
This AI summary has been generated from reviews found on Facebook.
Is Foundation Communities Group Return legitimate?
Foundation Communities Group Return is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Communities Group Return 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: $3,183,930
For more financial information, click here
Official website here: www.foundcom.org
What is the mission statement of Foundation Communities Group Return?
Foundation Communities Group Return focuses on creating a successful environment for families by providing affordable housing and supportive social services. Their mission is to educate, improve financial standing, and provide stability to the working poor and their communities. Through affordable housing options, on-site learning centers offering free programs for children, and classes for adults on topics like ESL, financial literacy, and healthy living, they aim to expand opportunities and address issues that could jeopardize households. Social work case managers offer individual assistance to families below the median income to help maintain household stability. Additionally, they provide case management services for communities housing individuals who have previously experienced homelessness.
Official website here: www.foundcom.org
Who is the CEO of Foundation Communities Group Return?
Walter Moreau is the Exec. Director of Foundation Communities Group Return.
Official website here: www.foundcom.org
What is the revenue of Foundation Communities Group Return?
Foundation Communities Group Return's revenue in 2022 was $24,735,536.
Official website here: www.foundcom.org
Who are the executives of Foundation Communities Group Return and what are their salaries?
The average compensation at Foundation Communities Group Return during 2022 was $4,061. There are 784 employees and 1906 volunteers at Foundation Communities Group Return.
Here are 24 key members and their salaries:
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- Related: $334,433
- Other: $20,699
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- Other: $13,759
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- Other: $14,009
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- Related: $139,840
- Other: $11,793
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- Related: $138,866
- Other: $11,850
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- Related: $132,757
- Other: $11,155
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- Related: $123,294
- Other: $10,633
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- Related: $113,191
- Other: $10,140
- Compensation: $0
- Related: $116,088
- Other: $6,707
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- Related: $110,057
- Other: $9,947
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Official website here: www.foundcom.org
Where can I find the form 990 for Foundation Communities Group Return?
Foundation Communities Group Return's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundcom.org
Learn more at the official website: www.foundcom.org
Mission Statement of Foundation Communities Group Return
Foundation Communities Group Return is a mission-driven organization that strives to create an environment where families can thrive. By focusing on affordable housing and supportive social services, this nonprofit aims to empower the working poor and their communities.
Through its efforts, Foundation Communities Group Return addresses the pressing issue of community stability for low-income residents. By offering affordable housing alternatives, this nonprofit broadens opportunities for families and helps them improve their financial standing. With a total of 2,874 multi-family and 859 Single Room Occupancy (SRO) housing units, Foundation Communities, Inc. manages and supervises these properties to ensure a safe and stable living environment for its residents.
Additionally, on-site learning centers are provided at Foundation Communities Group Return's properties, offering free after-school and summer learning programs for children. Adults, too, are given access to valuable educational resources such as English as a Second Language (ESL) classes, financial literacy workshops, and health and wellness classes. Social work case managers are on-hand to provide individualized case management services for families with income levels at or below 30% of the median family income. These services aim to address any issues that may jeopardize the stability of the household.
By combining affordable housing with essential support services, Foundation Communities Group Return is dedicated to making a meaningful difference in the lives of the working poor and their communities. Their commitment to education, support, and community improvement is a beacon of hope and a testament to their unwavering mission.
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Impact
October, 2024
Foundation Communities Group Return significantly impacts community stability and individual well-being by providing affordable housing and essential supportive services. With 2,874 multi-family and 859 single-room occupancy (SRO) housing units, they create stable living environments for low-income families, enabling them to thrive.
On-site learning centers offer free educational programs, enriching children’s after-school and summer experiences, while adults benefit from classes in ESL, financial literacy, and healthy living. By addressing educational disparities and promoting personal development, they empower families to improve their circumstances.
In addition, social work case managers provide tailored assistance to families living at or below 30% of the median family income, helping them navigate challenges that threaten household stability. This comprehensive approach not only enhances individual prospects but also fosters stronger, more resilient communities. Overall, the work of Foundation Communities Group Return transforms lives by bridging the gap between affordable housing and crucial support services.
This information is meant to be a general summary of Foundation Communities Group Return. 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: $93,875
- Program Service Revenue: $22,328,348
- Gross Receipts: $24,735,536
Assets and Liabilities:
- Total Assets: $84,244,765
- Total Liabilities: $114,101,708
- Net Assets: -$29,856,943
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Misc. Property Income
Revenue
$851,908
Residential Rents
Revenue
$21,476,440
Organization Details
Phone
(512) 447-2026Principal Officer
Walter Moreau
Main Address
3000 S IH 35 Suite 300, Austin, TX, 78704
Website
www.foundcom.orgNTEE Category
Code: L200 - Housing
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