Overview
What is Fcs Community Finance Inc?
Fcs Community Finance Inc, based in Atlanta, Georgia, is a dedicated nonprofit organization. Their primary focus is to create and maintain affordable homeownership and rental opportunities for low-income and workforce families in their target neighborhood, currently in Historic South Atlanta. In 2022, they served approximately 30 families with non-interest bearing mortgages. The organization's mission is to collaborate with underserved communities, delivering innovative and comprehensive development solutions that foster flourishing neighborhoods. They strive to improve the living conditions and prospects of those residing in these areas.
Is Fcs Community Finance Inc legitimate?
Fcs Community Finance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fcs Community Finance 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:
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Professional Fundraising Fees: $7,500
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What is the mission statement of Fcs Community Finance Inc?
Fcs Community Finance Inc's mission is centered around collaborating with underserved communities to facilitate innovative and comprehensive development. Their goal is to foster flourishing neighborhoods. The organization primarily focuses on creating and maintaining affordable home buying and rental opportunities for low-income and workforce families. As of 2022, they have provided around 30 non-interest bearing mortgages to eligible families.
Who is the CEO of Fcs Community Finance Inc?
James Wehner is the Chairperson of Fcs Community Finance Inc.
What is the revenue of Fcs Community Finance Inc?
Fcs Community Finance Inc's revenue in 2022 was $85,313.
Who are the executives of Fcs Community Finance Inc and what are their salaries?
There 17 volunteers at Fcs Community Finance Inc.
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- Related: $151,249
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- Related: $72,945
- Other: $13,180
Where can I find the form 990 for Fcs Community Finance Inc?
Fcs Community Finance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fcs Community Finance Inc
Fcs Community Finance Inc, as a mission-driven organization, strives to collaborate with underserved neighborhoods. Their goal is to deliver innovative and comprehensive development solutions that foster thriving communities. Specifically, they focus on creating and maintaining affordable housing options for low-income and working-class families. In 2022, they served approximately 30 families in this regard, offering them non-interest bearing mortgages. This work is currently concentrated in the Historic South Atlanta neighborhood. Fcs Community Finance Inc's holistic approach to community development aims to uplift the living standards and well-being of the families in these areas, contributing to the flourishing of the neighborhoods as a whole.
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Impact
October, 2024
Fcs Community Finance Inc partners with underserved neighborhoods to foster innovative and holistic development, resulting in flourishing communities. The organization focuses on creating and maintaining home buying and rental opportunities specifically for low-income and workforce families in the historic South Atlanta area. In 2022, Fcs Community Finance provided approximately 30 non-interest bearing mortgages to qualifying families, significantly enhancing access to affordable housing. By addressing the housing needs of these communities, Fcs Community Finance Inc plays a crucial role in promoting stability and growth, contributing to the overall well-being of residents and the revitalization of neighborhoods.
This information is meant to be a general summary of Fcs Community Finance 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $85,313
- Gross Receipts: $85,313
Assets and Liabilities:
- Total Assets: $766,411
- Total Liabilities: $118,909
- Net Assets: $647,502
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AMORTIZATION OF DISCOU
Revenue
$79,364
INTEREST
Revenue
$5,305
MANAGEMENT FEE
Revenue
$644
Organization Details
Founding Year
2020
Phone
(404) 627-4304Principal Officer
James Wehner
Main Address
1297 JONESBORO RD SE, ATLANTA, GA, 30315
NTEE Category
Code: L25 - Housing
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