Ffc Housing - Tennessee
- Assets
- $1.1m
- Revenue
- $96.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Dublin, OH
- Founding
- 11/1980
- Data as of
- 12/2021
- EIN
- 31-0980552
Organization Overview
Ffc Housing - Tennessee, operating under the name Options For Supporting Housing Tenessee, is located in Dublin, OH. The organization was established in 1980. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. This organization is the central organization for a national or regional group of organizations. Options For Supporting Housing Tenessee is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Options For Supporting Housing Tenessee generated $96.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $94.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OWN AND LEASE SINGLE-FAMILY, RESIDENTIAL HOMES THAT HOUSE LOW-INCOME INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OWN ONE SINGLE-FAMILY RESIDENTIAL HOME IN IOWA, ONE IN OHIO, AND SEVEN HOMES IN TENNESSEE THAT SUPPORT LOW-INCOME INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dominic Bianconi President | OfficerTrustee | 1 | $0 |
Michael Stoner Past President | OfficerTrustee | 1 | $0 |
Mike Mess Secretary | OfficerTrustee | 1 | $0 |
Jackie Beirne Vice President | OfficerTrustee | 0.5 | $0 |
Mike Easterday Treasurer | OfficerTrustee | 0.5 | $0 |
Kathy Streblo Executive Director | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $96,851 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $96,851 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,890 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $31,434 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,953 |
| Insurance | $5,447 |
| All other expenses | $160 |
| Total functional expenses | $94,884 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $186,345 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,083 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,864 |
| Net Land, buildings, and equipment | $949,982 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,141,274 |
| Accounts payable and accrued expenses | $6,973 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $272,257 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $18,372 |
| Total liabilities | $297,602 |
| Net assets without donor restrictions | $843,672 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,141,274 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Life Center Incorporated Livonia, MI | $3,564,999 | $10,151,694 |
Innovative Housing Development Corporation Fort Gratiot, MI | $7,028,193 | $10,712,191 |
Christ Centered Home Inc Jackson, MI | $4,238,985 | $10,165,050 |
Macomb Residential Opportunties Inc Mount Clemens, MI | $4,296,826 | $10,789,243 |
The Resident Home Corporation Cincinnati, OH | $8,529,144 | $9,680,975 |
Cambria Residential Services Johnstown, PA | $10,295,519 | $8,835,197 |
Apple Patch Community Inc Crestwood, KY | $8,013,429 | $8,594,154 |
Overbrook Friedlander Programs Philadelphia, PA | $3,455,579 | $8,736,196 |
Resident Advancement Inc Fenton, MI | $2,985,554 | $7,662,027 |
Genesis Youth Crisis Center Inc Clarksburg, WV | $8,285,007 | $7,174,367 |
Northern Childrens Services Philadelphia, PA | $13,817,122 | $7,729,982 |
Rgrps Inc Dearborn, MI | $3,732,932 | $8,852,911 |