Fcs Community Finance
- Assets
- $160.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- Data as of
- 12/2020
- EIN
- 83-4615525
Organization Overview
Fcs Community Finance is located in Atlanta, GA. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, 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. Fcs Community Finance is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PARTNER WITH UNDERSERVED NEIGHBORHOODS TO PROVIDE INNOVATIVE AND HOLISTIC DEVELOPMENT THAT PRODUCES FLOURISHING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREATES AND MAINTAINS HOME BUYING AND RENTAL OPPORTUNITIES FOR LOW-INCOME AND WORK FORCE FAMILIES WITHIN OUR TARGET NEIGHBORHOOD. CURRENTLY, OUR WORK IS FOCUSED ON THE NEIGHBORHOOD OF HISTORIC SOUTH ATLANTA. DURING 2021, WE SERVICED APPROXIMATELY 30 NON-INTEREST BEARING MORTGAGES TO QUALIFYING LOW-INCOME AND WORK FORCE FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Gray Chairperson | OfficerTrustee | 0.5 | $0 |
Adam Pannell Vice Chairperson | OfficerTrustee | 0.5 | $0 |
Adam Allman Treasurer | OfficerTrustee | 0.5 | $0 |
Robert Fowler Secretary | OfficerTrustee | 0.5 | $0 |
Jim Wehner President | Officer | 3 | $0 |
Katie Delp Executive Director | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $160,070 |
| Total Revenue | $160,070 |
| 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 | $39,055 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $174,774 |
| Total expenses | $213,829 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,486 |
| Other assets | $0 |
| Total assets | $160,786 |
| Total liabilities | $214,545 |
| Net assets or fund balances | -$53,759 |
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|---|---|---|
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Dhic Inc Raleigh, NC | $31,965,470 | $6,009,696 |
Promise Development Corporation Memphis, TN | $5,823,077 | $3,033,896 |
Northwest Jacksonville Community Development Corporation Jacksonville, FL | $9,692,775 | $1,930,316 |
Crossroads Corp For Affordable Housing And Community Dev Inc Charlotte, NC | $3,590,675 | $1,496,977 |
Millbrook Homes Inc Winstonsalem, NC | $1,657,494 | $820,182 |
Housing Programs Inc North Miami Beach, FL | $1,290,824 | $448,240 |
Champions Community Foundation Inc Johns Creek, GA | $6,758,980 | $1,049,035 |
Fayetteville Area Operationinasmuch Fayetteville, NC | $1,640,883 | $714,527 |
Community Housing Services Agency Inc Savannah, GA | $5,401,354 | $1,041,756 |