Federation Of Mobile Home Owners Of Florida Inc
- Assets
- $329.0k
- Revenue
- $302.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Altamonte Springs, FL
- Founding
- 08/1965
- Data as of
- 12/2022
- EIN
- 59-1038375
Organization Overview
Federation Of Mobile Home Owners Of Florida Inc, operating under the name of Florida Inc, is located in Altamonte Springs, FL. The organization was established in 1965. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. of Florida Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, of Florida Inc generated $302.3k 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 (4.8%) each year. All expenses for the organization totaled $337.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.4%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE GENERAL WELFARE OF MEMBERS, PROTECT THE RIGHTS AND INTEREST OF, AND BE A CONSUMER ADVOCATE FOR MANUFACTURED/MOBILE HOME OWNERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATION OF THE FMO NEWS MAGAZINE FOR THE PURPOSE OF INFORMING MEMBERS OF EXISTING LAW AND PROSPECTIVE LEGISLATION; PROVIDE GUIDANCE IN OBTAINING LEGAL ADVICE AND OTHER SERVICES IN AN EFFORT TO EDUCATE AND PROMOTE GENERAL WELFARE OF MOBILE HOME OWNERS AND PARK RESIDENTS.
ENHANCE MEMBER AND PARK RESIDENT ACCESS TO LEGAL COUNSELING, PUBLISHED LITERATURE AND PROPER REPRESENTATION DEEMED NECESSARY TO PROMOTE THEIR RIGHTS, INTERESTS AND GENERAL WELFARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kaylee Chester Executive Director | Trustee | 0 | $0 |
Joseph Morissette Director | Officer | 0 | $0 |
Donald Stanton Director | Officer | 0 | $0 |
Fred Sullivan Director | Officer | 0 | $0 |
Cynthia Carter Lee Director | Officer | 0 | $0 |
Darlene Whitkanack Director | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $208,343 |
| 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 | $208,343 |
| Total Program Service Revenue | $90,885 |
| Investment income | $4 |
| 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 | $302,344 |
| 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 | $157 |
| Fees for services: Management | $144,123 |
| Fees for services: Legal | $14,240 |
| Fees for services: Accounting | $1,750 |
| Fees for services: Lobbying | $33,790 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,182 |
| Office expenses | $25,407 |
| Information technology | $12,900 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,565 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $150 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,671 |
| All other expenses | $0 |
| Total functional expenses | $337,597 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,925 |
| Savings and temporary cash investments | $103,577 |
| Pledges and grants receivable | $4,600 |
| Accounts receivable, net | $0 |
| 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 | $25,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $30,600 |
| Other assets | $108,266 |
| Total assets | $328,968 |
| Accounts payable and accrued expenses | $2,833 |
| Grants payable | $0 |
| Deferred revenue | $145,534 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $101,824 |
| Total liabilities | $250,191 |
| Net assets without donor restrictions | $78,777 |
| 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 | $328,968 |