Fsa Asset Management Inc
- Assets
- $485.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kokomo, IN
- Founding
- 10/2002
- Data as of
- 12/2022
- EIN
- 36-4503611
Organization Overview
Fsa Asset Management Inc is located in Kokomo, IN. The organization was established in 2002. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fsa Asset Management Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2022, Fsa Asset Management Inc generated $73.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $85.6k during the year ending 12/2022. While expenses have increased by 1.0% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
RENTAL OF REAL PROPERTY TO AFFILIATED EXEMPT ORGANIZATION (HOLDING COMPANY).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica Gremelspacher President | 1 | $0 | |
Karen Mclean Vice President | 1 | $0 | |
Andrew Durham Treasurer | 1 | $0 | |
Jenny Cole Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $72,900 |
| Membership dues | $0 |
| Investment income | $186 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,086 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $85,605 |
| Total expenses | $85,605 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,144 |
| Other assets | $0 |
| Total assets | $484,974 |
| Total liabilities | $53,278 |
| Net assets or fund balances | $431,696 |