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Sarasota Housing Funding Corp

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

EIN: 800418699 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

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Overview

What is Sarasota Housing Funding Corp?

Sarasota Housing Funding Corp is a nonprofit organization situated in Sarasota, Florida. Its primary mission is to combat housing issues in the community by purchasing blighted properties, renovating them, and offering affordable housing solutions to local families. With this initiative, the organization aims to contribute positively to the community by providing essential housing services.


Official website here: www.sarasotahousing.org

Is Sarasota Housing Funding Corp legitimate?

Sarasota Housing Funding Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sarasota Housing Funding Corp 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: $0

For more financial information, click here


Official website here: www.sarasotahousing.org

What is the mission statement of Sarasota Housing Funding Corp?

Sarasota Housing Funding Corp's mission is centered around providing essential services and affordable housing opportunities to families within the community. To achieve this, the organization actively purchases and rehabilitates blighted properties, transforming them into livable spaces for families in need. By offering these housing solutions, Sarasota Housing Funding Corp aims to contribute positively to the well-being of the local community.


Official website here: www.sarasotahousing.org

What is the revenue of Sarasota Housing Funding Corp?

Sarasota Housing Funding Corp's revenue in 2024 was $1,118,303.


Official website here: www.sarasotahousing.org

Who are the executives of Sarasota Housing Funding Corp and what are their salaries?

Here are 8 key members and their salaries:


John Colon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Meredith (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
G Duane Finger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Sargent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Mason (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernestine Taylor (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Vengroff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Russell (Executive Director)
  • Compensation: $0
  • Related: $200,571
  • Other: $0


Official website here: www.sarasotahousing.org

Where can I find the form 990 for Sarasota Housing Funding Corp?

Sarasota Housing Funding Corp's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.sarasotahousing.org

Learn more at the official website: www.sarasotahousing.org

Mission Statement of Sarasota Housing Funding Corp

Sarasota Housing Funding Corp, as a nonprofit organization, is committed to providing services and affordable housing to families within the community. Their mission is exemplified through their actions, which involve purchasing blighted properties, meticulously rehabilitating these properties, and then offering them as residences to families in need. By undertaking this initiative, Sarasota Housing Funding Corp aims to contribute positively to the community, providing families with safe and affordable housing options. This mission is a testament to the organization's dedication to uplifting its community members by addressing one of their most fundamental needs: a place to call home.

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Impact




October, 2024

Sarasota Housing Funding Corp positively impacts the community by transforming blighted properties into safe, affordable housing for families. By purchasing these distressed properties, the organization revitalizes neighborhoods, enhancing the overall living conditions and community aesthetic. Additionally, their focus on providing services alongside affordable housing helps empower families, supporting them in achieving stability and improved quality of life. Through these efforts, they contribute to the reduction of homelessness and the promotion of economic growth within Sarasota, fostering a more inclusive and resilient community.




This information is meant to be a general summary of Sarasota Housing Funding Corp. 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
$1,118,303 (2024)
Expenses
$1,034,239 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $3,201
  • Program Service Revenue: $930,191
  • Gross Receipts: $1,118,303

Assets and Liabilities:

  • Total Assets: $11,752,834
  • Total Liabilities: $11,136,154
  • Net Assets: $616,680

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Programs

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

NET TENANT RENTAL REVE

Revenue

$904,019

TENANT REVENUE - OTHER

Revenue

$26,172

Organization Details

Founding Year

2009

Principal Officer

William Russell

NTEE Category

Code: L11 - Housing

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