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Fsl Rural Development Inc

Padua Hills Apartments Vianney Villas Apartments St Agnes Apartments

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

EIN: 860380470 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Fsl Rural Development Inc?

Fsl Rural Development Inc, based in Arizona, is a dedicated nonprofit organization that has been committed to serving the community since 1974. Their primary mission is to provide home and community-based services, as well as develop energy-efficient, affordable housing. Through their affiliates, they offer a safe living space for over 1,200 individuals, including seniors and those with mobility requirements. This is achieved through the development of single- and multi-family homes, the management of affordable housing complexes, and the operation of residential behavioral health group homes. Furthermore, Fsl Rural Development Inc supports family caregivers with educational offerings, community resource connections, and respite care. During the COVID-19 pandemic, some of their programs experienced an increase in demand, while others faced reductions due to social distancing requirements and workforce challenges. The organization's rural development housing program provides appropriate home choices for seniors and those with specific abilities, encouraging personalization and community engagement. Fsl Rural Development Inc operates three well-maintained facilities throughout the state, serving 116 residents at Vianney Villas in Avondale, Padua Hills in Wickenburg, and St. Agnes in Williams.


Official website here: www.fsl.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star Rating.

Fsl Rural Development Inc has earned a Three-Star rating, indicating a solid performance in financial accountability and transparency. The organization scored 76% overall, with a perfect score in several areas including financial statements oversight, material diversion of assets, and the presence of key governance policies such as conflict of interest and whistleblower policies. This reflects a commitment to maintaining ethical standards and responsible financial management.

The charity's program expense ratio stands at 71.97%, which suggests that a significant portion of its funds is directed towards its programs rather than administrative costs. This is a positive indicator for donors looking for effective use of their contributions. However, the liabilities to assets ratio is 57.15%, which points to a level of debt that may warrant further examination by potential supporters to assess long-term financial sustainability.

Overall, while Fsl Rural Development Inc demonstrates strong accountability and governance practices, potential donors may want to consider its financial liabilities in the context of its operational sustainability. The organization appears to be making good use of its resources, but ongoing monitoring of its financial health is advisable.


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

Is Fsl Rural Development Inc legitimate?

Fsl Rural Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fsl Rural Development 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: $205,355

For more financial information, click here


Official website here: www.fsl.org

What is the mission statement of Fsl Rural Development Inc?

Fsl Rural Development Inc's mission is centered around providing home and community-based services and developing energy-efficient, affordable housing. Their goal is to promote health, independence, and dignity for all individuals. Through their affiliates, they offer a safe living environment for numerous individuals, managing affordable housing complexes and group homes. They also provide training and monitoring for sponsors of adult foster care and behavioral health programs. Additionally, Fsl Rural Development offers meal services to families in need and supports family caregivers with educational offerings, community resource connections, and respite care. The organization's rural development housing program offers appropriate home choices for seniors and individuals with mobility and specific ability requirements, encouraging personalization and community activities.


Official website here: www.fsl.org

Who is the CEO of Fsl Rural Development Inc?

Tamara Bohannon is the Ceo & President (Thru Oct 2021) of Fsl Rural Development Inc. The CEO's salary of Fsl Rural Development Inc is $0 and their total compensation is $0.


Official website here: www.fsl.org

What is the revenue of Fsl Rural Development Inc?

Fsl Rural Development Inc's revenue in 2022 was $1,559,982.


Official website here: www.fsl.org

Who are the executives of Fsl Rural Development Inc and what are their salaries?

The average compensation at Fsl Rural Development Inc during 2022 was $13,690. There are 15 employees at Fsl Rural Development Inc.


Here are 6 key members and their salaries (Fsl Rural Development Inc's CEO's salary is $0 and their total compensation is $0):


Tom Egan (Ceo & President (Thru Oct 2021))
  • Compensation: $0
  • Related: $226,154
  • Other: $5,031
Carrie Smith (Coo & Vice President)
  • Compensation: $0
  • Related: $157,024
  • Other: $11,197
Blanca Ruiz (Treasurer)
  • Compensation: $0
  • Related: $105,449
  • Other: $10,077
Annette Iniguez (Secretary (Thru May 2022))
  • Compensation: $0
  • Related: $72,598
  • Other: $9,502
Tamara Bohannon (Ceo & President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Celaya-Garner (Cfo (Thru May 2022))
  • Compensation: $0
  • Related: $162,174
  • Other: $10,260


Official website here: www.fsl.org

Where can I find the form 990 for Fsl Rural Development Inc?

Fsl Rural Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fsl.org

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

Mission Statement of Fsl Rural Development Inc

Fsl Rural Development Inc, a nonprofit organization, is dedicated to providing home and community-based services and developing energy-efficient, affordable housing to promote health, independence, and dignity for all individuals. Through its affiliates, this organization has been caring for people in Arizona since 1974. Fsl Rural Development Inc offers a safe home for nearly 1,200 Arizonans each night, developing both single- and multi-family homes, managing multi-family affordable housing complexes, and residential behavioral health group homes. The nonprofit also trains and monitors sponsors of the Adult Foster Care and Adult Behavioral Health Therapeutic Home Programs.

In addition to housing services, Fsl Rural Development Inc offers various programs to enhance independence for people of all ages. For instance, the organization provides Adult Day Health Care and Home Health Care for patients requiring 24-hour nursing supervision. Moreover, Fsl Rural Development Inc supports family caregivers through complimentary educational offerings, connections to community resources, and nearly 200,000 hours of respite care. The nonprofit also offers rural food pantries, Congregate, and Home-Delivered Meal Programs, providing over 560,000 meals to families in need in Fiscal Year 2021-22. Despite the challenges posed by the COVID-19 pandemic, Fsl Rural Development Inc continues to serve its community with dedication and commitment.

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Impact




July, 2024

Fsl Rural Development Inc's impact is significant in providing energy-efficient, affordable housing to promote health, independence, and dignity for individuals in Arizona. Through its housing program, Fsl Rural Development offers appropriate home choices for seniors and individuals with specific mobility needs, encouraging personalization of subsidized apartments and fostering community connections. With well-maintained facilities located throughout the state, Fsl Rural Development serves a total of 116 residents, facilitating communal activities and neighbor interactions. By addressing the housing needs of very low-income individuals, Fsl Rural Development plays a crucial role in enhancing the quality of life and independence of its residents.




This information is meant to be a general summary of Fsl Rural Development 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.

Revenue
$1,559,982 (2022)
201120122013201420152016201720182019202020212022$0$550k$1.1M$1.65M$2.2M
Expenses
$1,219,862 (2022)
201120122013201420152016201720182019202020212022$0$1.5M$3M$4.5M$6M
Efficiency
2011201220132014201520162017201820192020202120220%3%6%9%14%

Other financial information:

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

  • Investment Income: $82,218
  • Program Service Revenue: $1,442,964
  • Gross Receipts: $1,559,982

Assets and Liabilities:

  • Total Assets: $8,624,578
  • Total Liabilities: $5,140,026
  • Net Assets: $3,484,552

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Programs

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

TENANT RENTAL INCOME

Revenue

$1,442,964

Organization Details

Founding Year

1979

Principal Officer

Tamara Bohannon

Main Address

1201 E THOMAS ROAD, PHOENIX, AZ, 85014

NTEE Category

Code: L22Z - Housing

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