Fairway Cooperative Association Inc

Organization Overview

Fairway Cooperative Association Inc is located in West Lafayette, IN. The organization was established in 2000. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairway Cooperative Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 12/2023, Fairway Cooperative Association Inc generated $406.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $423.6k during the year ending 12/2023. While expenses have increased by 4.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE ROOM AND BOARD FOR ITS MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE ROOM AND BOARD TO ITS MEMBERS SO THAT THEY CAN SHARE IN THE EXPERIENCE OF DEDICATING THEIR EFFORTS TO SERVING EACH OTHER, THE COMMUNITY AND THEIR LORD. APPROXIMATELY 55 ACTIVE MEMBERS DURING THE TAX YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Zach Garrett
Board President
$0
Grant Robinson
Board Vp/treasurer
$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$389,631
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $17,267
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 $406,898

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