Franklin Housing And Redevelopment Inc
- Assets
- $139.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, GA
- Founding
- 01/2002
- Data as of
- 09/2023
- EIN
- 58-2649691
Organization Overview
Franklin Housing And Redevelopment Inc is located in Franklin, GA. The organization was established in 2002. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Franklin Housing And Redevelopment Inc 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 09/2023, Franklin Housing And Redevelopment Inc generated $11.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.8%) each year. All expenses for the organization totaled $8.7k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (20.5%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SAFE, DECENT, AND SANITARY HOUSING FOR LOW AND VERY LOW INCOME PERSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maxine Ogletreee Board Chair | 1 | $0 | |
Donald Rogers Vice Chair | 1 | $0 | |
Betty Lipford Director | 1 | $0 | |
Willi Woodruff Director | 1 | $0 | |
Joel Phillips Director | 1 | $0 | |
Beth Burgoon Executive Di | 35 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $10,924 |
| Membership dues | $0 |
| Investment income | $82 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,006 |
| 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 | $2,125 |
| Occupancy, rent, utilities, and maintenance | $1,233 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,381 |
| Total expenses | $8,739 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $132,967 |
| Other assets | $0 |
| Total assets | $139,321 |
| Total liabilities | $6,408 |
| Net assets or fund balances | $132,913 |