Fc Mission Plaza Inc

Organization Overview

Fc Mission Plaza Inc is located in Austin, TX. The organization was established in 2019. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, 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. Fc Mission Plaza 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, Fc Mission Plaza Inc generated $382.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (44.2%) each year. All expenses for the organization totaled $632.3k during the year ending 12/2021. 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

SUPPORT THE CHARITABLE PURPOSES OF FOUNDATION COMMUNITIES, INC. AND AND SHALL CONSTITUTE A QALICB

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACQUIRING,REHABILITATING,MAINTAINING,AND LEASING THE BUILDINGS LOCATED IN AUSTIN,TEXAS,KNOWN AS MISSION PLAZA TO QUALIFY AS A QALICB UNDER THE NEW MARKETS TAX CREDIT PROGRAM. MISSION PLAZA FACILITIES WILL PROVIDE SPACE FOR THE OPERATIONS OF FOUNDATION COMMUNITIES, INC. AND OTHER NON-PROFIT AGENCIES PROVIDING SERVICES TO ECONOMICALLY DISADVANTAGED INDIVIDUALS. THE FC PROSPER CENTER WILL DELIVER FREE INCOME TAX RETURN PREPARATION, HEALTH INSURANCE ENROLLMENT ASSISTANCE AND FINANCIAL LITERACY PROGRAMS TO LOW-INCOME RESIDENTS OF THE COMMUNITY. THE OFFICE SPACE FOR THE ADMINISTRATIVE OPERATIONS OF FOUNDATION COMMUNITIES, INC. HELPS FURTHER THE ORGANIZATION'S ABILITY TO DEVELOP AFFORDABLE HOUSING WITH SUPPORTIVE SOCIAL SERVICES TO EDUCATE, SUPPORT AND IMPROVE THE FINANCIAL STANDING OF THE WORKING POOR IN OUR COMMUNITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Michelle Wallis
Chair
$0
Selina Serna
Treasurer
$0
Jewel Arrington
Secretary
$0
Jason Reneau
Vice Chair
$0
Walter Moreau
President
$0
Melissa Garcia
Outside 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$382,500
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 $382,500

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