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Ff Realty Corporation

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

EIN: 813494843 ✦ Providence, RI ✦ Designated as a 501(c)(3)

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Overview

What is Ff Realty Corporation?

Ff Realty Corporation is a nonprofit entity situated in Providence, Rhode Island, with an address at 10 Sims Avenue, 02909. Their primary objective is to support Farm Fresh Rhode Island, a charitable and educational organization. They accomplish this by acquiring, financing, and developing property, thereby contributing to Farm Fresh Rhode Island's mission. This collaboration aims to enhance the organization's capacity to deliver its services effectively.


Official website here: www.farmfreshri.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 61%, earning it a Two-Star out of Four Star rating. This rating reflects a moderate level of accountability and financial health for Ff Realty Corporation. The organization shows strengths in governance, with a majority of its board members being independent and no material diversion of assets reported.

However, there are significant areas of concern regarding transparency and compliance. The absence of a conflict of interest policy, a whistleblower policy, and a document retention policy raises red flags about organizational practices. Furthermore, the high liabilities to assets ratio indicates potential financial risk, which could affect the organization's long-term sustainability.

While Ff Realty Corporation maintains a 100% program expense ratio, demonstrating that all its expenses are dedicated to its mission, the overall accountability score suggests there is room for improvement in operational policies and financial transparency. Addressing these weaknesses could enhance its credibility and effectiveness in serving its intended purposes.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Ff Realty Corporation?

96% of 50 reviewers on Facebook recommend Ff Realty Corporation. Here is a summary of their reviews:

The overwhelming majority of feedback reflects a positive sentiment towards the organization's efforts and commitment to supporting innovative projects. Many appreciate the helpfulness and responsiveness of the team, indicating that Ff Realty Corporation successfully delivers on its promises to assist users in navigating the complexities of obtaining funding for various initiatives.

However, there are some concerns mentioned regarding the challenges users face when trying to find legitimate grants. One review highlighted the difficulty of distinguishing trustworthy opportunities from scams, showcasing a need for clearer guidance in the grant-seeking process. Overall, the organization seems well-regarded for its services, but there is room for improvement in providing support for users seeking funding.


This AI summary has been generated from reviews found on Facebook.

Is Ff Realty Corporation legitimate?

Ff Realty Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ff Realty 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.farmfreshri.org

What is the mission statement of Ff Realty Corporation?

Ff Realty Corporation's mission is centered around acquiring, financing, and developing property with the aim of supporting Farm Fresh Rhode Island's charitable and educational services. This real estate corporation plays a crucial role in furthering Farm Fresh Rhode Island's mission, which is dedicated to providing assistance and knowledge to the community. By investing in property development, Ff Realty Corporation contributes to Farm Fresh Rhode Island's ability to carry out its charitable and educational objectives.


Official website here: www.farmfreshri.org

Who is the CEO of Ff Realty Corporation?

Jesse Rye is the Chair of Ff Realty Corporation.


Official website here: www.farmfreshri.org

What is the revenue of Ff Realty Corporation?

Ff Realty Corporation's revenue in 2022 was $199,000.


Official website here: www.farmfreshri.org

Who are the executives of Ff Realty Corporation and what are their salaries?


Here are 16 key members and their salaries:


Kristine Merz (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Brush (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Sabatini (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Zabelin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Branch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angel Mendez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Clegg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Lund (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelley Mcshane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Bowman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tj Delledonne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Georgina Sarpong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Tillinghast (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Auger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Rye (Co-Executive)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheri Griffin (Co-Executive)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.farmfreshri.org

Where can I find the form 990 for Ff Realty Corporation?

Ff Realty Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.farmfreshri.org

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

Mission Statement of Ff Realty Corporation

Ff Realty Corporation, a corporation dedicated to its mission, focuses on acquiring, financing, and developing property. This endeavor is in support of Farm Fresh Rhode Island, a nonprofit organization that provides charitable and educational services. By engaging in property-related activities, Ff Realty Corporation is essentially contributing to Farm Fresh Rhode Island's mission, thereby extending its reach and impact in the realm of charitable and educational services.

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Impact




October, 2024

Ff Realty Corporation plays a crucial role in enhancing the community by acquiring, financing, and developing property that aligns with the mission of Farm Fresh Rhode Island. Its efforts are focused on supporting charitable and educational services, which fosters local food systems and promotes access to fresh, healthy food. By providing infrastructure and resources, Ff Realty Corporation not only bolsters community engagement but also empowers local farmers and food producers. This strategic focus on property development creates a foundation for sustainable agricultural practices and enhances the overall well-being of the Providence area, contributing to a vibrant food ecosystem.




This information is meant to be a general summary of Ff Realty 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.

Revenue
$199,000 (2022)
Expenses
$786,504 (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: $199,000
  • Gross Receipts: $199,000

Assets and Liabilities:

  • Total Assets: $15,641,243
  • Total Liabilities: $15,204,141
  • Net Assets: $437,102

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Programs

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

RENTAL INCOME

Revenue

$199,000

Organization Details

Founding Year

2016

Principal Officer

Jesse Rye

Main Address

10 SIMS AVENUE, PROVIDENCE, RI, 02909

NTEE Category

Code: K02 - Food

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