Overview

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Est.

1970

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

FAMICOS FOUNDATION is a nonprofit organization focused on housing development in Greater Cleveland, dedicated to improving the quality of life through neighborhood revitalization, affordable housing, and integrated social services. With an operating budget of $11.2 million and total revenue of $9.6 million for the 2024 filing year, the organization is supported by multiple funders, none of which contribute 50% or more of its revenue. For more information, visit www.famicos.org.

Mission Statement

TO IMPROVE THE QUALITY OF LIFE IN GREATER CLEVELAND THROUGH NEIGHBORHOOD REVITALIZATION, AFFORDABLE HOUSING AND INTEGRATED SOCIAL SERVICES.
Revenues
$9.6M
Expenses
$11.2M
Net Income:
-$1.6M
Assets
$52.2M
Liabilities
$21.5M
Net Assets:
+$30.6M
Operating Budget
$11.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
15
Median grant size
$20K
Largest grant received
$2.6M
J
John Anoliefo
Board Member
B
Brian Blasinsky
Board Member
J
Joseph H Weiss Jr
Board Member

Frequently Asked Questions

What is FAMICOS FOUNDATION’s budget?
In 2024, FAMICOS FOUNDATION reported an annual operating budget of around $11.2 million. More detailed financial information is available to registered users.
What causes does FAMICOS FOUNDATION support?
FAMICOS FOUNDATION supports work in Housing development.
Where does FAMICOS FOUNDATION operate?
FAMICOS FOUNDATION is headquartered in Cleveland, OH.
Who funded FAMICOS FOUNDATION recently?
In 2024, FAMICOS FOUNDATION received grants from THE CLEVELAND FOUNDATION, NEIGHBORHOOD REINVESTMENT CORPORATION, and NEIGHBORHOOD PROGRESS INC. More information on this organization’s funders is available to registered users.
What is the largest grant FAMICOS FOUNDATION received in 2024?
The largest grant to FAMICOS FOUNDATION in 2024 exceeds $2.6 million.
What is FAMICOS FOUNDATION’s reliance on government grants?
FAMICOS FOUNDATION relied on government grants for more than 25% of their total revenue in 2024.