Francis Heights Inc

Organization Overview

Francis Heights Inc is located in Denver, CO. The organization was established in 2018. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Francis Heights 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, Francis Heights Inc generated $3.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $3.2m during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 383-UNIT COMMUNITY LOCATED IN DENVER, COLORADO WHICH PROVIDES HOUSING AND RELATED SERVICES FOR ELDERLY, LOW- AND MODERATE-INCOME PERSONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CORPORATION IS A NOT-FOR-PROFIT CORPORATION FORMED ON NOVEMBER 9, 1970, IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF COLORADO. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 383-UNIT COMMUNITY LOCATED IN DENVER, COLORADO WHICH PROVIDES HOUSING AND RELATED SERVICES FOR ELDERLY, LOW- AND MODERATE-INCOME PERSONS. THE CORPORATION RECEIVES HOUSING ASSISTANCE AND A MORTGAGE INSURED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 236 OF THE NATIONAL HOUSING ACT, AS AMENDED. THE CORPORATION ALSO RECEIVED GRANTS FROM THE CITY OF DENVER AND OTHER SOURCES TO ASSIST IN ITS PURPOSE.


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Board, Officers & Key Employees

Name (title)Compensation
Kassidi Boening
Vice President/director
$0
Melissa Clayton
President/director
$0
Joe Rosenblum
Secretary/director
$0
Bruce Saab
Vice President/director
$0
Steve Spears
Treasurer
$0
Ron Jackson
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Securitas Security Services Usa Inc
Security Service
$208,751
Ami Mechanical Inc
Construction
$202,140
Segura's Restoration Llc
Construction
$163,310
Excellence Roofing & Construction Llc
Construction
$144,330
Highlands Ranch Carpet And Repair
Construction
$150,048
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,393,825
All other contributions, gifts, grants, and similar amounts not included above$173,735
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,567,560
Total Program Service Revenue$1,896,160
Investment income $682
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 $3,933,126

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Francis Heights Inc has recieved totaling $6,320.

Awarding OrganizationAmount
Mercy Housing Mountain Plains

Denver, CO

PURPOSE: RENT RELIEF - PROPERTIES

$6,320
View Grant Recipient Profile

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