Friendship Community Development Corporation Of Austin
- Assets
- $172.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/2011
- Data as of
- 12/2021
- EIN
- 45-1074647
Organization Overview
Friendship Community Development Corporation Of Austin is located in Chicago, IL. The organization was established in 2011. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friendship Community Development Corporation Of Austin 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, Friendship Community Development Corporation Of Austin generated $27.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $31.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
FCDCA PROVIDES AFFORDABLE HOUSING TO LOW-INCOME FAMILIES IN STABLE NEIGHBORHOODS IN THE AUSTIN COMMUNITY. ALL RENOVATION AND MAINTENANCE IS RENDERED BY MINORITY CONTRACTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reginald E Bachus President | 10 | $0 | |
Jerri Neal Cotton Secretary | 3 | $0 | |
Jerry N Wilson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,419 |
| Total Program Service Revenue | $21,408 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,827 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,854 |
| Occupancy, rent, utilities, and maintenance | $12,307 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,208 |
| Total expenses | $31,369 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,321 |
| Other assets | $0 |
| Total assets | $172,252 |
| Total liabilities | $84,133 |
| Net assets or fund balances | $88,119 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friendship Community Development Corporation Of Austin has recieved totaling $20,810.
| Awarding Organization | Amount |
|---|---|
Austin Coming Together Chicago, IL PURPOSE: Community development | $10,405 |
Austin Coming Together Chicago, IL PURPOSE: Community development | $10,405 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Action Inc Of Rock And Walworth Counties Beloit, WI | $10,640,793 | $9,364,558 |
Health Care Coalition Of Lafayette County Lexington, MO | $6,605,075 | $10,749,967 |
Southwest Organizing Project Chicago, IL | $8,393,250 | $8,859,182 |
Better Family Life Inc Saint Louis, MO | $13,300,452 | $8,576,793 |
Impact Seven Incorporated Rice Lake, WI | $149,638,063 | $17,926,158 |
North Central Community Action Program Inc wisconsin rapids, WI | $2,366,497 | $7,790,312 |
Cortex St Louis, MO | $86,543,841 | $5,279,863 |
Chicago Community Loan Fund Chicago, IL | $136,728,558 | $16,943,178 |
Community Action Of Southern Indiana Inc Jeffersonville, IN | $1,581,999 | $6,952,233 |
Community Partnership Of The Ozark Inc Springfield, MO | $5,862,422 | $7,229,024 |
Regional Development Authority Davenport, IA | $4,541,432 | $7,109,702 |
Mission St Louis St Louis, MO | $2,979,826 | $6,823,271 |