Overview
What is Gifford Workforce Llc?
Gifford Workforce LLC is a limited liability company based in Falmouth, Massachusetts, with a focus on providing affordable housing. Specifically, they manage the Gifford Workforce Apartments located at Lot 5a, 591 Gifford Street. Their mission is to acquire, hold, invest in, and deal with interests in this property for the benefit of low and moderate-income families. They achieve this by constructing and operating ten residential dwelling units and related facilities, ensuring they maintain a separate liability and existence as a single-purpose entity.
Is Gifford Workforce Llc legitimate?
Gifford Workforce Llc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Gifford Workforce Llc 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
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What is the mission statement of Gifford Workforce Llc?
Gifford Workforce Llc's mission is centered around acquiring, managing, and dealing with interests in property for the construction and operation of affordable housing units. Specifically, the company aims to create ten residential dwellings and related facilities for the benefit of low and moderate-income families. The company operates as a separate entity, with a focus on maintaining its separate liability and existence, engaging in activities related to its primary purpose.
Who is the CEO of Gifford Workforce Llc?
Linda Clark is the President of Gifford Workforce Llc.
What is the revenue of Gifford Workforce Llc?
Gifford Workforce Llc's revenue in 2022 was $161,628.
Who are the executives of Gifford Workforce Llc and what are their salaries?
Here are 7 key members and their salaries:
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- Related: $148,232
- Other: $10,772
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Where can I find the form 990 for Gifford Workforce Llc?
Gifford Workforce Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Gifford Workforce Llc
Gifford Workforce LLC's primary mission is to make a significant impact in the housing sector. The organization's purpose is to acquire, manage, invest in, and engage with interests in specific properties for the construction and operation of affordable residential dwellings. This limited liability company has a specific focus on providing ten residential units and related facilities, primarily benefiting low and moderate-income families. Gifford Workforce LLC operates as a single-purpose entity, ensuring its separate liability and existence from its members. The company's activities are geared towards contributing to the betterment of families in need of affordable housing, either directly or as a partner in other limited liability companies or partnerships.
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Impact
October, 2024
Gifford Workforce LLC significantly impacts the community by providing affordable housing options for low and moderate-income families in Falmouth, Massachusetts. By owning and managing Gifford Workforce Apartments, the organization addresses a critical need for accessible living spaces in the area. This initiative not only helps alleviate housing shortages but also fosters community stability and growth by ensuring that families can secure homes without excessive financial burdens.
The construction and operation of ten residential dwelling units demonstrate a commitment to enhancing the quality of life for residents, enabling them to thrive in a supportive environment. Furthermore, Gifford Workforce LLC's emphasis on investing in property related to housing aligns with broader community improvement goals, creating a ripple effect that benefits both individuals and the local economy. Overall, the organization's efforts contribute to fostering a more inclusive and vibrant community.
This information is meant to be a general summary of Gifford Workforce Llc. 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: $578
- Program Service Revenue: $147,922
- Gross Receipts: $161,628
Assets and Liabilities:
- Total Assets: $3,036,194
- Total Liabilities: $2,788,084
- Net Assets: $248,110
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$147,922
Organization Details
Founding Year
2018
Phone
(508) 540-4009Principal Officer
Linda Clark
Main Address
FALMOUTH HOUSING CORP 704 MAIN ST, FALMOUTH, MA, 02540
NTEE Category
Code: S47 - Community improvement
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