Overview
What is Fresno City Center Corporation?
Fresno City Center Corporation serves as a supporting organization for the Fresno Rescue Mission, Inc., acting as a trustee to manage and distribute designated funds for the mission's activities. Located in Fresno, California, the corporation obtained financing and began renovating a property at Clark and Dakota Avenue for mission program use. Beyond financial management, Fresno City Center Corporation also invests and develops program properties for mission use, demonstrating its commitment to supporting the Fresno Rescue Mission's initiatives.
Is Fresno City Center Corporation legitimate?
Fresno City Center Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fresno City Center Corporation 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 Fresno City Center Corporation?
The Fresno City Center Corporation serves as a supporting organization for the Fresno Rescue Mission, Inc., acting as a trustee to manage and distribute designated funds for the mission's ministries. Additionally, the corporation invests and develops property for mission use. Recently, they secured financing and initiated phase 1 renovation and development of a property in Fresno, California, for mission program usage. In essence, the Fresno City Center Corporation aids in the financial support and property development for the Fresno Rescue Mission's various ministries.
Who is the CEO of Fresno City Center Corporation?
Stephen Pearson is the Chairman of Fresno City Center Corporation.
What is the revenue of Fresno City Center Corporation?
Fresno City Center Corporation's revenue in 2022 was $2,575,892.
Who are the executives of Fresno City Center Corporation and what are their salaries?
Here are 5 key members and their salaries:
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- Related: $96,108
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Where can I find the form 990 for Fresno City Center Corporation?
Fresno City Center Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fresno City Center Corporation
Fresno City Center Corporation, as a supporting organization, is tasked with managing and distributing designated funds for the ministries of the Fresno Rescue Mission. Its primary role is to act as a trustee, ensuring the financial sustainability of the Mission's programs. Additionally, the Corporation is responsible for investing and developing property for the Mission's use, which further enhances its ability to serve the community. Recently, Fresno City Center Corporation secured financing and commenced Phase 1 of renovation and development at a property located at Clark and Dakota Avenue in Fresno, California, paving the way for the Mission's program expansion.
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Impact
October, 2024
Fresno City Center Corporation significantly influences its community by enhancing the operational capabilities of the Fresno Rescue Mission, Inc. By acting as a trustee, it efficiently receives, invests, manages, and distributes designated funds that are vital for the Mission's various ministries. This structured financial stewardship supports the Mission's efforts in addressing urgent community needs, particularly in areas like housing.
The organization is currently focused on the renovation and development of strategic properties, exemplified by the financing and initiation of Phase 1 at the Clark and Dakota Avenue location in Fresno. This project aims to expand program offerings and provide essential resources to those in need. By investing in property development specifically for mission-oriented use, the Fresno City Center Corporation plays a crucial role in fortifying community support systems, ultimately helping to uplift vulnerable populations and foster greater stability within the region.
This information is meant to be a general summary of Fresno City Center Corporation. 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: $253
- Gross Receipts: $2,575,892
Assets and Liabilities:
- Total Assets: $18,178,227
- Total Liabilities: $15,747,148
- Net Assets: $2,431,079
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Organization Details
Founding Year
2021
Phone
(559) 268-0839Principal Officer
Stephen Pearson
Main Address
PO BOX 1422, FRESNO, CA, 93716
NTEE Category
Code: L11 - Housing
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