Public Charity

FLOYD KRESS INC

FLOYD KRESS INC is a Public Charity headquartered in FREDERICK, MD. Financial data from the 2025 filing: $70K revenue, $112K expenses, $506K total assets.

EIN: 311758337 FREDERICK, MD Group Homes NTEE: P73 Latest filing: 2025
Total Revenue$70K
Total Expenses$112K
Total Assets$506K
Grant Records0
Filing Years2020–2025

Mission

TO PROVIDE AFFORDABLE HOUSING TO THE CHRONICALLY MENTALLY DISABLED UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT.

Where $100 goes at Floyd Kress Inc

How Floyd Kress Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$76 Programs the work itself
$24 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $76 for programs

$76
"Providing 11 units of affordable housing to persons with disabilities
All program spending · Reported in the filing: 11 units of affordable
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Charles Farmer
PRESIDENT Diane Maistros
VICE-PRESIDENT THRU 11/24/24 Erinn Shaw
SECRETARY THRU 11/24/24 Issumi Young
DIRECTOR John Shipley
SVP & CFO Kelly Savoca

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $70K $112K $506K
2024 $68K $85K $521K
2023 $66K $89K $536K
2021 $69K $102K $570K
2020 $67K $72K $604K

Between 2020 and 2025, reported annual revenue grew from $67K to $70K (+5%), with total assets most recently reported at $506K.

Interactive year-over-year charts and full filing details available with membership.

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