Overview
What is Peace Villa Inc?
Peace Villa Inc is a nonprofit organization located in St. Louis, Missouri, specifically at 5305 Page Blvd. Their primary mission is to provide affordable housing for elderly individuals with low income, receiving subsidies from the U.S. Department of Housing and Urban Development (HUD) under a Project Rental Assistance contract, as per Section 202 of the National Housing Act. The organization is committed to improving the living conditions of the elderly and currently employs a team of three individuals.
Is Peace Villa Inc legitimate?
Peace Villa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peace Villa Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,080
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What is the mission statement of Peace Villa Inc?
Peace Villa Inc, through an agreement with the Department of Housing and Urban Development (HUD), provides housing for low-income elderly individuals, adhering to Section 202 of the National Housing Act. Their primary mission is to ensure that this vulnerable group has access to suitable living accommodations. The complex offers subsidized rents through a Project Rental Assistance Contract with HUD, thereby providing a stable living environment for the elderly with limited financial resources. Peace Villa Inc strives to maintain a conducive and secure living space for its residents, ensuring they can age with dignity and independence.
Who is the CEO of Peace Villa Inc?
Janeen Henry is the President of Peace Villa Inc.
What is the revenue of Peace Villa Inc?
Peace Villa Inc's revenue in 2022 was $255,426.
Who are the executives of Peace Villa Inc and what are their salaries?
The average compensation at Peace Villa Inc during 2022 was $22,693. There are 3 employees and 8 volunteers at Peace Villa Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Peace Villa Inc?
Peace Villa Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Peace Villa Inc
Peace Villa Inc, as a nonprofit organization, is dedicated to providing housing solutions for low-income elderly individuals. Under an agreement with the Department of Housing and Urban Development (HUD), Peace Villa Inc operates a low-income housing apartment complex that offers subsidized rent through a Project Rental Assistance contract. This mission is in line with Section 202 of the National Housing Act, which Peace Villa Inc adheres to, ensuring that elderly individuals have access to safe and affordable housing. The organization's commitment to this mission is instrumental in providing a stable living environment for this vulnerable population.
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Impact
October, 2024
Peace Villa Inc significantly impacts the St. Louis community by providing affordable housing options for low-income elderly individuals. Through the Section 202 program, the organization ensures that senior citizens have access to safe and stable living environments, which are critical for their well-being and quality of life. By receiving rent subsidies from the Department of Housing and Urban Development (HUD), Peace Villa Inc alleviates financial burdens on these individuals, allowing them to live independently and with dignity. This initiative not only addresses housing insecurity among the elderly but also fosters a sense of community and support among residents, enhancing their social connections and overall health.
This information is meant to be a general summary of Peace Villa Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6
- Program Service Revenue: $255,420
- Gross Receipts: $255,426
Assets and Liabilities:
- Total Assets: $2,028,441
- Total Liabilities: $47,186
- Net Assets: $1,981,255
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD GOV'T RENT SUBSIDY
Revenue
$127,418
TENANT RENTAL INCOME
Revenue
$122,333
TENANT CHARGES/CABLE T
Revenue
$4,748
LAUNDRY/VENDING
Revenue
$921
Organization Details
Founding Year
2004
Phone
(314) 361-2890Principal Officer
Janeen Henry
Main Address
5305 PAGE BLVD, ST LOUIS, MO, 63112
NTEE Category
Code: L21 - Housing
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