FC Mission Plaza Inc.

Overview

FC Mission Plaza Inc. is a nonprofit organization based in the United States, designated under the category of organizations providing housing and support services. It operates with the mission to provide affordable housing and comprehensive support services to low-income families, veterans, seniors, and individuals with disabilities.

Financial Information

As of 2023, FC Mission Plaza reported a total revenue of approximately $427,000 with total expenses amounting to $934,000. The organization holds total assets valued at around $18.2 million and total liabilities of approximately $16.3 million. The predominant source of revenue comes from contributions, accounting for a significant portion of its income[1].

Services and Programs

FC Mission Plaza Inc. is part of Foundation Communities, a network that has historically focused on developing and managing affordable housing. Foundation Communities provides various services, including:

• Housing Support: Management of affordable residential communities to enable stable living conditions for low-income families.

• Educational Programs: Offering free after-school and summer programs, English as a Second Language (ESL) classes, and a College Hub for educational advancement.

• Financial Stability Services: Free income tax preparation, one-on-one financial coaching, and assistance with health insurance enrollment.

• Health Services: Access to healthcare resources, health food pantries, and healthy living initiatives aimed at improving the well-being of residents[2][3].

Impact

Foundation Communities and its affiliates like FC Mission Plaza Inc. serve over 20,000 low-income individuals annually, providing essential services that enhance financial independence and community stability. The organization's efforts have resulted in significant contributions to the local economy and the quality of life for many residents[2].

Governance

FC Mission Plaza Inc. is managed by a board of directors, including key officers such as the President and Treasurer, who oversee the organization's strategic direction and financial accountability. Notably, the nonprofit operates with a significantly volunteer-driven model, leveraging the involvement of over 2,500 volunteers each year to extend its outreach and services effectively[1].

Conclusion

In summary, FC Mission Plaza Inc. is a critical player in the nonprofit sector, dedicated to addressing the needs of vulnerable populations through housing solutions and supportive services. Its operations are characterized by a sustainable model that combines affordable housing with essential community support programs, ultimately aiming to foster long-term stability among its residents.