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Family Housing Foundation

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

EIN: 851693403 ✦ Las vegas, NV ✦ Designated as a 501(c)(3)

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Overview

What is Family Housing Foundation?

The Family Housing Foundation, situated in Las Vegas, Nevada, is a nonprofit organization committed to offering affordable group housing. Amidst a competitive real estate market, they diligently searched for an affordable property and successfully acquired one towards the end of the previous year, securing it in early 2022. Their purpose is to provide affordable housing for the elderly or other individuals, aiming to enhance the quality of life for these groups at the most reasonable cost possible.

Is Family Housing Foundation legitimate?

Family Housing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Housing Foundation submitted a form 990EZ, 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.

What is the mission statement of Family Housing Foundation?

The Family Housing Foundation's mission is centered around providing affordable group housing. Despite the challenging real estate market, they diligently searched for an affordable property. Their efforts paid off at the end of the year, leading to the acquisition of a property in early 2022. The foundation's primary goal is to offer low-cost, affordable housing options, striving to improve the quality of life for elderly individuals or others in need. Their focus is on keeping costs as minimal as possible to make housing more accessible.

Who is the CEO of Family Housing Foundation?

Paul T Korn is the President of Family Housing Foundation.

What is the revenue of Family Housing Foundation?

Family Housing Foundation's revenue in 2022 was $131,215.

Who are the executives of Family Housing Foundation and what are their salaries?


There is 1 key member and their salary:


Paul T Korn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Family Housing Foundation?

Family Housing Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Family Housing Foundation

The Family Housing Foundation, a nonprofit organization, is dedicated to fulfilling its mission of providing affordable group housing. Despite the challenging real estate market, the foundation persistently searched for an affordable property. Successfully locating a property by the end of the year, they acquired it in early 2022. The primary goal of the Foundation is to offer low-cost, affordable housing options to elderly individuals or others in need, aiming to enhance the overall quality of life for these individuals. The organization's mission is to make a tangible difference by providing affordable housing solutions, thereby contributing to the well-being of its residents.

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Impact




October, 2024

Family Housing Foundation delivers significant impact by addressing the urgent need for affordable housing in Las Vegas, particularly for vulnerable populations such as the elderly. By successfully acquiring a property in a competitive real estate market, they have created low-cost group housing that enhances the quality of life for residents. Their focus on providing optimal living conditions at the lowest feasible cost ensures that individuals can access safe, supportive environments, ultimately fostering community connection and stability for those who may otherwise struggle to secure adequate housing.




This information is meant to be a general summary of Family Housing Foundation. 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
$131,215 (2022)
Expenses
$185 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $131,215

Assets and Liabilities:

  • Total Assets: $339,477
  • Total Liabilities: $0
  • Net Assets: $339,477

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Organization Details

Principal Officer

Paul T Korn

Main Address

3225 MCLEOD DR 100, LAS VEGAS, NV, 89121

NTEE Category

Code: L22 - Housing

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