St Martin 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: 204344472 ✦ St martinville, LA ✦ Designated as a 501(c)(3)

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Overview

What is St Martin Villa Inc?

St. Martin Villa Inc. is a nonprofit organization situated in St. Martinville, Louisiana. Their primary mission is to provide affordable housing for individuals with disabilities, operating under the HUD Section 811 Low Income Housing Project. This project aims to provide a supportive living environment for individuals with disabilities, ensuring their needs are met within a secure and comfortable setting. The organization's operations are centered around this crucial service, making a significant impact in the local community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects a moderate level of accountability and finance management, indicating that while some aspects of the organization's operations are commendable, there are significant areas needing improvement.

St Martin Villa Inc demonstrates strong governance features, including a fully independent board and effective management of assets. The organization has a significant program expense ratio of 72.30%, suggesting that a large portion of its resources is directed toward its programs rather than administrative costs. However, the organization has multiple missing policies, including disclosures regarding conflict of interest and whistleblower protections, which raises concerns about transparency and internal governance practices.

While the organization has strengths in asset management and board independence, the absence of key policies and public disclosures indicates a need for improved operational transparency. Addressing these gaps could enhance trust and accountability with stakeholders and the public.


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

Is St Martin Villa Inc legitimate?

St Martin Villa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Martin 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

What is the mission statement of St Martin Villa Inc?

St. Martin Villa Inc. is dedicated to operating a Low Income Housing Project under HUD Section 811, specifically catering to individuals with disabilities. Their mission involves providing subsidized housing, ensuring that individuals with disabilities have accessible and affordable living accommodations. This project is a vital part of their efforts to support the housing needs of this particular group within the community.

Who is the CEO of St Martin Villa Inc?

Don Resweber is the Board Member of St Martin Villa Inc.

What is the revenue of St Martin Villa Inc?

St Martin Villa Inc's revenue in 2023 was $61,584.

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


Here are 6 key members and their salaries:


Francine Champagne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Formeller (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nanette Gooch (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cal Guirard (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Huval (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Resweber (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Martin Villa Inc?

St Martin Villa Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of St Martin Villa Inc

St. Martin Villa Inc. is dedicated to serving the housing needs of individuals with disabilities. They operate a low-income housing project under the HUD Section 811 program. This project provides affordable housing solutions for these individuals, ensuring they have a suitable living environment. St. Martin Villa Inc. is committed to making a positive impact in the lives of disabled persons, offering subsidized housing as part of their mission.

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Impact




August, 2024

St Martin Villa Inc's impact lies in providing essential and much-needed subsidized housing for disabled individuals in the ST MARTINVILLE area. By operating a HUD SEC. 811 low-income housing project, St Martin Villa offers a crucial lifeline for those with disabilities who may struggle to find affordable and suitable housing elsewhere. This not only addresses a pressing need in the community but also contributes to enhancing the overall well-being and quality of life for disabled persons.




This information is meant to be a general summary of St Martin 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
$61,584 (2023)
Expenses
$140,179 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $180
  • Program Service Revenue: $61,404
  • Gross Receipts: $61,584

Assets and Liabilities:

  • Total Assets: $1,003,421
  • Total Liabilities: $193,161
  • Net Assets: $810,260

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$61,404

Organization Details

Founding Year

2007

Principal Officer

Don Resweber

Main Address

POST OFFICE BOX 128, ST MARTINVILLE, LA, 70582

NTEE Category

Code: P82 - Human services

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