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Webster Development Fund
Webster Development Fund
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About this organization
Revenue
$1,662
Expenses
$67,160
Mission
Solicit funds and purchase and hold mortgages for the Fuller Center of Webster, Inc., a non-profit organization that provides affordable housing for low income families.
About
Collected funds to contribute to the Fuller Center of Webster, Inc to build low income housing and also manage mortgages on housing for low income families including forgiving the portion of the mortgage that is attributed to donations. (43 mortgages currently held)
Interesting data from their 2018 990 filing
The non-profit's aim, as stated in the filing, is “Solicit funds and purchase and hold mortgages for the fuller”.
When referring to its actions, they were outlined as: “Solicit funds and purchase and hold mortgages for the fuller center of webster, inc.,a non-profit organization that provides affordable housing for low income families.”.
- The non-profit has complied with legal obligations by reporting their state of operation as LA.
- The non-profit's address in 2018 is noted in the filing as 21355 Hwy 157, Springhill, LA, 71075.
- The non-profit's form for 2018 reports a total of 0 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is less than $100,000.
- Revenue less expenses is -$65,498.
- The CEO compensation package within the organization is not established through a review and approval by a neutral party.
- The organization has 4 independent voting members.
- The organization was formed in 2006.
- The organization is required to file Schedule O.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
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