Franklin Square

Organization Overview

Franklin Square is located in Franklin, LA. The organization was established in 1987. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Franklin Square employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franklin Square 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, Franklin Square generated $299.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $308.6k during the year ending 12/2021. While expenses have increased by 0.0% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

RENTING HOUSES TO LOW INCOME FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CORPORATIONS OWNS AND MAINTAINS A 40-UNIT APARTMENT COMPLEX IN FRANKLIN, LOUISIANA. THE APARTMENTS ARE RENTED TO LOW-INCOME FAMILIES WITH A PORTION OF THE RENTS PAID BY HUD UNDER THE NATIONAL HOUSING ACT.


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Board, Officers & Key Employees

Name (title)Compensation
Jeanne Leblanc
Legal Agent/
$10,750
Dominique Massey
Secretary
$9,005
Jerry Darby
Vice Preside
$0
Mary Vilcan
President
$0
Paula Bell
Director
$0
Peggy Theriot
Director
$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$299,067
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 $299,067

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