Franciscan Apartments Inc
- Assets
- $577.4k
- Revenue
- $71.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Monroe, LA
- Founding
- 07/1997
- Data as of
- 06/2022
- EIN
- 72-1352289
Organization Overview
Franciscan Apartments Inc is located in Monroe, LA. The organization was established in 1997. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franciscan Apartments 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 06/2022, Franciscan Apartments Inc generated $71.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $71.4k during the year ending 06/2022. 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 PROVIDE AFFORDABLE HOUSING TO THE HANDICAPPED & DISABLED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS ORGANIZATION OPERATES 8 UNITS OF GOVERNMENT ASSISTED HOUSING FOR THE VERY LOW-INCOME, HANDICAPPED/DISABLED PERSONS IN CARRYING OUT ITS EXEMPT PURPOSE.
THIS ORGANIZATION OPERATES 8 UNITS OF GOVERNMENT ASSISTED HOUSING FOR THE VERY LOW-INCOME, HANDICAPPED/DISABLED PERSONS IN CARRYING OUT ITS EXEMPT PURPOSE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Farr President | Officer | $0 | |
Cheryl Farmer Secretary/tr | Officer | $0 | |
Loretta Hudson Vice Preside | Officer | $0 | |
William Smart Executive Di | Officer | $0 | |
Patricia Gix Board Member | Trustee | $0 | |
Gladys Smith Board Member | Trustee | $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 | $71,360 |
| Investment income | $31 |
| 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 | $71,391 |
| 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 | $6,093 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,017 |
| Payroll taxes | $446 |
| Fees for services: Management | $4,532 |
| Fees for services: Legal | $875 |
| Fees for services: Accounting | $6,687 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,003 |
| 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 | $11,970 |
| Insurance | $7 |
| All other expenses | $0 |
| Total functional expenses | $71,448 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,519 |
| Savings and temporary cash investments | $281,905 |
| Pledges and grants receivable | $0 |
| 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 | $6,608 |
| Net Land, buildings, and equipment | $263,636 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $700 |
| Total assets | $577,368 |
| Accounts payable and accrued expenses | $187 |
| Grants payable | $0 |
| Deferred revenue | $320 |
| 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 | $457,753 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,571 |
| Total liabilities | $459,831 |
| Net assets without donor restrictions | $117,537 |
| 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 | $577,368 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Father Flanagans Boys Home New Orleans, LA | $2,347,903 | $9,257,218 |
Life Support Counseling And Research Inc Austin, TX | $3,931,686 | $9,199,133 |
Forgotten Angels Inc Pearland, TX | $1,121,528 | $8,621,031 |
Childrens Hope Residential Services Inc Lubbock, TX | $2,722,669 | $7,634,142 |
Samaritan Inn Inc Mckinney, TX | $11,775,483 | $9,596,871 |
Senior Citizens Of Greater Dallas Inc Dallas, TX | $11,583,419 | $8,476,671 |
Arkansas Baptist Childrens Homes And Family Ministries Little Rock, AR | $31,058,151 | $7,490,184 |
Louisiana Baptist Childrens Home And Family Ministries Monroe, LA | $41,422,794 | $6,880,852 |
St Judes Ranch For Children Texas Region Inc Bulverde, TX | $5,741,423 | $6,690,314 |
Breckenridge Village San Antonio, TX | $19,166,897 | $8,180,148 |
Girls Haven Beaumont, TX | $13,915,519 | $7,218,769 |
Alexander Milne Developmental Services Covington, LA | $71,223,955 | $7,805,548 |