Ferriday Place Ii Inc
- Assets
- $498.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Ferriday, LA
- Founding
- 02/2002
- Data as of
- 09/2023
- EIN
- 72-1518442
Organization Overview
Ferriday Place Ii Inc is located in Ferriday, LA. The organization was established in 2002. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 09/2023, Ferriday Place Ii Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ferriday Place Ii 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 09/2023, Ferriday Place Ii Inc generated $87.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $123.7k during the year ending 09/2023. While expenses have increased by 2.1% 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE A 16 UNIT APARTMENT COMPLEX FOR LOW INCOME ELDERLY PERSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dwayne Guice Director | 0.5 | $0 | |
Guy Barfield Director | 0.5 | $0 | |
Amberson Hayes Wade Director | 0.5 | $0 | |
Arnall Thomas Moore Director | 0.5 | $0 | |
Debra Walker Secretary | 0.5 | $0 | |
Phyllis White Chairman | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,177 |
| Total Program Service Revenue | $43,344 |
| Membership dues | $0 |
| Investment income | $129 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,175 |
| Total Revenue | $87,825 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,727 |
| Professional fees and other payments to independent contractors | $11,864 |
| Occupancy, rent, utilities, and maintenance | $9,824 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $65,332 |
| Total expenses | $123,747 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $390 |
| Other assets | $0 |
| Total assets | $498,014 |
| Total liabilities | $59,460 |
| Net assets or fund balances | $438,554 |