Independence Landing Inc
- Assets
- $682.7k
- Revenue
- $212.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Tallahassee, FL
- Founding
- 02/2018
- Data as of
- 12/2021
- EIN
- 82-2792376
Organization Overview
Independence Landing Inc is located in Tallahassee, FL. The organization was established in 2018. 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. Independence Landing 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 12/2021, Independence Landing Inc generated $212.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $47.3k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AN AFFORDABLE HOUSING, PLANNING RESIDENTIAL COMMUNITY FOR ADULTS WITH DISABILITIES THAT PROVIDES SUPPORT MENTORING, COACHING AND EDUCATIONAL OPPORTUNITIES TO ENHANCE LIFE, WORK AND RECREATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ADVOCATE, EDUCATE AND WORK TO PROVIDE FUNDING FOR A PLANNED, AFFORDABLE, AND SAFE RESIDENTIAL CAMPUS WITH AMENITIES FOR PEOPLE WITH DIFFERING COGNITIVE ABILITIES, WHICH WOULD ALLOW RESIDENTS TO SUCCESSFULLY LEAD INDEPENDENT LIVES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clinton Brett Ketcham Vice Chair | OfficerTrustee | 5 | $0 |
Brice Barnes Chair | OfficerTrustee | 20 | $0 |
Cindi Goodson Treasurer | OfficerTrustee | 20 | $0 |
Denise Wilson Secretary | OfficerTrustee | 5 | $0 |
Gil Ziffer Past Chair | OfficerTrustee | 5 | $0 |
Carrie Mcneill Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $170,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,598 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $188,598 |
| Total Program Service Revenue | $0 |
| Investment income | $239 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $23,430 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $212,267 |
| 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 | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,481 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,705 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $47,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $556,451 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,100 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $96,167 |
| Total assets | $682,718 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $682,718 |
| Total liabilities and net assets/fund balances | $682,718 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Independence Landing Inc has recieved totaling $12,184.
| Awarding Organization | Amount |
|---|---|
Newberry Family Foundation Inc Havana, FL PURPOSE: DISABLED PERSONS CARE | $5,000 |
Guy And Therese De La Valdene Family Foundtion Inc Havana, FL PURPOSE: PAYMENT TO SUPPORT AFFORDABLE AND SAFE RESIDENTIAL COMMUNITY FOR ADULTS WITH A RANGE OF COGNITIVE AND PHYSICAL ABILITIES | $4,000 |
Capital City Bank Group Foundation Inc Tallahassee, FL PURPOSE: COMMUNITY NEEDS | $2,000 |
Bates Family Foundation Inc Quincy, FL PURPOSE: PAYMENTS TO SUPPORT AFFORDABLE AND SAFE RESIDENTIAL COMMUNITY FOR ADULTS WITH A RANGE OF COGNITIVE AND PHYSICAL ABILITIES | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $184 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Preservation Housing Inc Mobile, AL | $45,095,355 | $8,020,455 |
Nonprofit Housing Preservations Sb Inc Riviera Beach, FL | $13,108,120 | $31,278,179 |
Jewish Association For Residential Care Inc Boca Raton, FL | $7,062,896 | $8,370,046 |
Habitat For Humanity Of Greater Miami Inc Miami, FL | $44,913,698 | $17,755,764 |
Contemporary Housing Alternatives Of Florida Inc Clearwater, FL | $42,120,344 | $6,399,709 |
John Sparks Manor Inc Union City, GA | $0 | $5,675,234 |
Housing And Neighborhood Development Services Of Central Orlando, FL | $22,476,842 | $6,815,149 |
Larry Moore Manor Inc Union City, GA | $0 | $4,277,912 |
Rhg-Afforable Housing Ii Inc Atlanta, GA | $13,550,062 | $7,175,901 |
Broadway Towers Inc Atlanta, GA | $17,531,706 | $3,119,210 |
Peninsula Housing Development Inc Iii Miami, FL | $12,244,675 | $3,883,731 |
Clairmont Oaks Inc Decatur, GA | $12,058,022 | $3,642,909 |