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Francis Of Assisi Community

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

EIN: 942366315 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Francis Of Assisi Community?

Francis of Assisi Community is a nonprofit organization established on August 17, 1976, initially in California. Its primary mission is to provide affordable housing for low- to moderate-income elderly and/or disabled individuals. This mission is carried out by acquiring land and constructing an apartment complex designed with their specific needs in mind. The organization, currently headquartered in Denver, Colorado, operates under the regulations of the U.S. Department of Housing and Urban Development (HUD), ensuring appropriate rental charges and operating methods.


Official website here: www.mercyhousing.org

Is Francis Of Assisi Community legitimate?

Francis Of Assisi Community is a legitimate nonprofit organization registered as a 501(c)(3) entity. Francis Of Assisi Community 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.mercyhousing.org

What is the mission statement of Francis Of Assisi Community?

The Francis Of Assisi Community, established in 1976, is committed to a mission aimed at acquiring and constructing an apartment complex specifically designed for low- to moderate-income elderly and/or disabled tenants. This mission is carried out with the intention of providing affordable housing options for individuals who may be financially or physically challenged, ensuring they have access to suitable living accommodations. The community operates under the guidelines and regulations set by the Department of Housing and Urban Development (HUD), maintaining a focus on affordable rent charges and operating methods.


Official website here: www.mercyhousing.org

What is the revenue of Francis Of Assisi Community?

Francis Of Assisi Community's revenue in 2023 was $1,645,596.


Official website here: www.mercyhousing.org

Who are the executives of Francis Of Assisi Community and what are their salaries?

Here are 14 key members and their salaries:


Joseph Rosenblum (Secretary/Director)
  • Compensation: $0
  • Related: $222,348
  • Other: $10,201
Lillian Lew-Hailer (Vice President/Director)
  • Compensation: $0
  • Related: $219,710
  • Other: $17,820
Ramie Dare (Vice President/Director)
  • Compensation: $0
  • Related: $229,391
  • Other: $20,964
Alvin Tuvilla (Vice President)
  • Compensation: $0
  • Related: $169,078
  • Other: $11,670
Amy Bayley (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Payne (Treasurer)
  • Compensation: $0
  • Related: $192,189
  • Other: $8,496
Doug Shoemaker (President)
  • Compensation: $0
  • Related: $296,251
  • Other: $25,195
Ed Holder (Vice President)
  • Compensation: $0
  • Related: $255,109
  • Other: $38,385
Elizabeth Kuwada (Vice President)
  • Compensation: $0
  • Related: $197,417
  • Other: $22,734
Erika Villablanca (Vice President)
  • Compensation: $0
  • Related: $177,291
  • Other: $28,669
Melissa Clayton (Vice President)
  • Compensation: $0
  • Related: $265,721
  • Other: $33,798
Rick Sprague (Vice President)
  • Compensation: $0
  • Related: $168,803
  • Other: $14,598
Timothy Dunn (Vice President)
  • Compensation: $0
  • Related: $168,637
  • Other: $33,259
Bruce Saab (Vice President (Until 10/23))
  • Compensation: $0
  • Related: $84,979
  • Other: $13,324


Official website here: www.mercyhousing.org

Where can I find the form 990 for Francis Of Assisi Community?

Francis Of Assisi Community's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mercyhousing.org

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

Mission Statement of Francis Of Assisi Community

Francis of Assisi Community, established in 1976, was founded with a mission to acquire land and construct an apartment complex specifically designed for low- to moderate-income elderly and/or disabled individuals. This nonprofit organization aims to provide affordable housing for this vulnerable population, ensuring they have a secure and suitable living environment. Regulated by the U.S. Department of Housing and Urban Development (HUD), the rent charges and operating methods of this project are subject to HUD's guidelines, ensuring fairness and affordability for its residents.

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Impact




October, 2024

Francis Of Assisi Community has made a significant impact by addressing the housing needs of low- to moderate-income elderly and disabled individuals. By acquiring and constructing dedicated apartment complexes, it provides safe, affordable, and accessible housing options for vulnerable populations in Denver, Colorado. This initiative not only alleviates the burden of high living costs but also fosters a sense of community and support among residents. Through its adherence to regulations under Section 202 of the National Housing Act, Francis Of Assisi Community ensures that the living conditions are maintained to high standards, contributing to the overall well-being of its tenants. The organization plays a crucial role in enhancing the quality of life for individuals who may otherwise struggle to find suitable housing, promoting inclusivity and dignity for elderly and disabled members of society.




This information is meant to be a general summary of Francis Of Assisi Community. 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
$1,645,596 (2023)
Expenses
$481,912 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $17,401
  • Program Service Revenue: $1,628,195
  • Gross Receipts: $1,645,596

Assets and Liabilities:

  • Total Assets: $25,985,961
  • Total Liabilities: $4,414
  • Net Assets: $25,981,547

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Programs

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

INTEREST INCOME ON SEL

Revenue

$1,148,538

LEASE REVENUE

Revenue

$479,657

Organization Details

Founding Year

1976

Principal Officer

Doug Shoemaker

NTEE Category

Code: L22 - Housing

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