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Creekside Villa Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201189343 ✦ Remington, IN ✦ Designated as a 501(c)(3)

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Overview

What is Creekside Villa Inc?

Creekside Villa Inc is a nonprofit organization situated in Remington, Indiana, primarily dedicated to constructing and managing housing facilities for the elderly. Acting as senior citizens' housing and retirement communities, they provide a living environment that caters to the needs of the elderly population. This organization is committed to enhancing the quality of life for the elderly, offering them a secure and comfortable living space.


Official website here: www.creeksidevilla.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (61%)

Creekside Villa Inc has received a rating of "Needs Improvement" from Charity Navigator, which reflects a score of 61%. The organization excels in areas such as having a fully independent board and a strong program expense ratio, indicating that nearly all of its expenditures are directed towards its programs. However, there are significant concerns regarding its accountability and financial management.

While Creekside Villa has performed well in several governance aspects, it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These omissions have contributed to its low accountability score. Additionally, the high liabilities to assets ratio of 72.39% raises concerns about the organization's financial health and sustainability.

Overall, while the organization demonstrates a commitment to its programs, the absence of critical governance policies and the financial ratios suggest a need for improvement in oversight and fiscal responsibility. Stakeholders may want to consider these factors when evaluating the organization’s overall effectiveness and long-term viability.


This AI summary has been generated from information found on Charity Navigator.

Is Creekside Villa Inc legitimate?

Creekside Villa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Creekside 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: $0

For more financial information, click here


Official website here: www.creeksidevilla.org/

What is the mission statement of Creekside Villa Inc?

Creekside Villa Inc., as an organization, is dedicated to constructing housing specifically designed for the elderly. They function as senior citizens' housing and retirement communities, providing a living space for older individuals. Their mission is centered around enhancing the living experience of the elderly, offering them a suitable environment for their retirement years.


Official website here: www.creeksidevilla.org/

Who is the CEO of Creekside Villa Inc?

Stan Virkler is the President of Creekside Villa Inc.


Official website here: www.creeksidevilla.org/

What is the revenue of Creekside Villa Inc?

Creekside Villa Inc's revenue in 2022 was $70,815.


Official website here: www.creeksidevilla.org/

Who are the executives of Creekside Villa Inc and what are their salaries?


Here are 6 key members and their salaries:


Rolyce Scheitlin (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Stoller (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Waibel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Virkler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eldon Getz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Isabell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.creeksidevilla.org/

Where can I find the form 990 for Creekside Villa Inc?

Creekside Villa Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.creeksidevilla.org/

Learn more at the official website: www.creeksidevilla.org/

Mission Statement of Creekside Villa Inc

Creekside Villa Inc, a nonprofit organization, is dedicated to constructing housing for the elderly. Serving as senior citizens housing and retirement communities, this institution plays a significant role in providing suitable living spaces for the elderly population. Situated in a yet unspecified location, Creekside Villa Inc's mission is to cater to the needs of the elderly, offering them a comfortable and secure living environment. By building housing specifically for the elderly, this nonprofit organization contributes to the well-being and independence of older adults, enabling them to maintain their dignity and quality of life.

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Impact




August, 2024

Creekside Villa Inc's impact lies in providing much-needed housing and support for the elderly in Remington, IN. By constructing housing specifically designed for senior citizens and operating retirement communities, Creekside Villa Inc helps to meet the housing needs of the elderly population. This enables older adults to live comfortably, independently, and in a community that supports their needs in their later years. Through its focused mission on the elderly population, Creekside Villa Inc plays a significant role in enhancing the quality of life for seniors in the area.




This information is meant to be a general summary of Creekside 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.

Revenue
$70,815 (2022)
Expenses
$88,656 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $70,815

Assets and Liabilities:

  • Total Assets: $1,638,401
  • Total Liabilities: $1,186,172
  • Net Assets: $452,229

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Organization Details

Founding Year

2004

Principal Officer

Stan Virkler

Main Address

16448 W US HWY 231, REMINGTON, IN, 47977

NTEE Category

Code: L22 - Housing

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