Overview
What is Residence At Franklin Park Inc?
Residence At Franklin Park Inc is a nonprofit organization situated in Eden Prairie, Minnesota, with the specific address 14850 Scenic Heights Road 125. Their primary mission is to provide affordable housing for elderly individuals, as well as those who are mobility-impaired or disabled, who meet the criteria for Section 8 Housing. By doing so, they aim to support low-income individuals in maintaining a comfortable living environment. The organization obtains financial assistance through HUD Section 8 Housing Assistance Payments (HAP) contracts, ensuring that the housing remains accessible and affordable.
Official website here: www.abhomes.net
Is Residence At Franklin Park Inc legitimate?
Residence At Franklin Park Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Residence At Franklin Park 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.abhomes.net
What is the mission statement of Residence At Franklin Park Inc?
Residence At Franklin Park Inc's primary mission is to offer affordable housing for elderly individuals, those with mobility impairments, and people with disabilities. Their primary objective is to provide low-income housing for the elderly, with rental subsidies available for eligible tenants through HUD Section 8 Housing Assistance Payments (HAP) contracts. The organization, under HUD housing, aims to provide suitable living spaces for individuals who are 55 years old or older, disabled, and meet the criteria for Section 8 housing.
Official website here: www.abhomes.net
Who is the CEO of Residence At Franklin Park Inc?
Annette Greely is the Ceo of Residence At Franklin Park Inc. The CEO's salary of Residence At Franklin Park Inc is $0 and their total compensation is $391,390.
Official website here: www.abhomes.net
What is the revenue of Residence At Franklin Park Inc?
Residence At Franklin Park Inc's revenue in 2022 was $114,431.
Official website here: www.abhomes.net
Who are the executives of Residence At Franklin Park Inc and what are their salaries?
There 5 volunteers at Residence At Franklin Park Inc.
Here are 8 key members and their salaries (Residence At Franklin Park Inc's CEO's salary is $0 and their total compensation is $391,390):
- Compensation: $0
- Related: $346,633
- Other: $44,757
- Compensation: $0
- Related: $184,986
- Other: $9,896
- Compensation: $0
- Related: $175,356
- Other: $4,379
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.abhomes.net
Where can I find the form 990 for Residence At Franklin Park Inc?
Residence At Franklin Park Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.abhomes.net
Learn more at the official website: www.abhomes.net
Mission Statement of Residence At Franklin Park Inc
Residence at Franklin Park Inc is devoted to providing affordable housing for elderly individuals, those with mobility impairments, and individuals with disabilities. The primary objective of this nonprofit organization is to offer low-income housing for elderly persons. To accomplish this, Residence at Franklin Park Inc leverages rental subsidies through HUD Section 8 Set Aside Housing Assistance Payments (HAP) contracts. This means that individuals who qualify for Section 8 housing and have income below certain thresholds can reside at the facility. HUD housing, as provided by Residence at Franklin Park Inc, is specifically designed for individuals aged 55 or older and those with disabilities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Residence At Franklin Park Inc plays a crucial role in addressing housing needs for vulnerable populations, specifically providing low-income housing for elderly, mobility-impaired, and handicapped individuals. By focusing on tenants aged 55 and older who qualify for Section 8 housing, the organization helps ensure access to safe and affordable living conditions.
The impact of this initiative extends beyond mere housing; it fosters community ties, enhances quality of life, and promotes independence for seniors and individuals with disabilities. By offering rent subsidies through HUD's Section 8 program, Residence At Franklin Park Inc alleviates financial burdens, allowing residents to allocate their limited resources towards essential needs like healthcare, nutrition, and social activities.
Located in Eden Prairie, MN, the organization contributes to the broader mission of social equity and accessibility, demonstrating a commitment to support those who are often marginalized. This assistance not only improves individual well-being but also strengthens the overall community by creating a more inclusive environment for all residents.
This information is meant to be a general summary of Residence At Franklin Park 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.
- Investment Income: $112,606
- Gross Receipts: $116,001
Assets and Liabilities:
- Total Assets: $13,535,900
- Total Liabilities: $0
- Net Assets: $13,535,900
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1930
Phone
(952) 253-1459Principal Officer
Annette Greely
Main Address
14850 SCENIC HEIGHTS ROAD 125, EDEN PRAIRIE, MN, 55344
Website
www.abhomes.netNTEE Category
Code: L22 - Housing
If you are a representative of Residence At Franklin Park Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.