Overview
What is Redeemer Village Ii?
Redeemer Village II is a nonprofit organization situated in Huntingdon Valley, Pennsylvania. Its primary mission is to offer subsidized rental housing for low-income elderly and/or disabled individuals, adhering to HUD regulations. The organization maintains 49 such units, ensuring a secure and comfortable living environment for its residents. The community provides various amenities such as a bus service for shopping and religious services, a beauty parlor, game room, arts and crafts room, general store, gift shop, library, and an organized resident council. Residents can enjoy 24-hour emergency services and engage in social activities. In fiscal year 2022, the organization served 54 individuals, showcasing its commitment to providing affordable and supportive housing for eligible individuals.
Is Redeemer Village Ii legitimate?
Redeemer Village Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Redeemer Village Ii 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: $42,090
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,986
For more financial information, click here
What is the mission statement of Redeemer Village Ii?
Redeemer Village II is dedicated to providing a low-income, HUD-subsidized independent living community. The organization caters to elderly individuals aged 62 and above, as well as disabled individuals, who meet the HUD income requirements. The mission of Redeemer Village II is to offer 49 housing units, regulated by HUD, where residents can live in safety and security, enjoying companionship and independence in a happy and active atmosphere. The community offers various amenities such as bus service for shopping and religious services, 24-hour emergency services, a beauty parlor, game room, arts and crafts room, general store, gift shop, library, and an organized resident council. The operation served 54 residents in fiscal year 2022 before seizing in April 2022.
Who is the CEO of Redeemer Village Ii?
Michael B Laign is the Board Member, President/Ceo of Redeemer Village Ii. The CEO's salary of Redeemer Village Ii is $398 and their total compensation is $816,147.
What is the revenue of Redeemer Village Ii?
Redeemer Village Ii's revenue in 2022 was $316,260.
Who are the executives of Redeemer Village Ii and what are their salaries?
There 6 volunteers at Redeemer Village Ii.
Here are 16 key members and their salaries (Redeemer Village Ii's CEO's salary is $398 and their total compensation is $816,147):
- Compensation: $398
- Related: $795,324
- Other: $20,425
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $210
- Related: $420,567
- Other: $94,137
- Compensation: $0
- Related: $179,921
- Other: $39,979
- Compensation: $52,831
- Related: $88,051
- Other: $25,743
- Compensation: $0
- Related: $67,376
- Other: $2,997
- Compensation: $227
- Related: $454,338
- Other: $111,161
- Compensation: $178
- Related: $356,362
- Other: $40,893
- Compensation: $153
- Related: $304,311
- Other: $69,681
- Compensation: $152
- Related: $304,685
- Other: $56,325
- Compensation: $141
- Related: $280,417
- Other: $39,641
Where can I find the form 990 for Redeemer Village Ii?
Redeemer Village Ii's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Redeemer Village Ii
Redeemer Village II is a nonprofit organization dedicated to providing affordable housing for low-income elderly and disabled individuals. Its mission is to establish a secure and independent living community for these individuals, ensuring they meet the HUD income requirements. The organization houses 49 units, each designed to provide a safe and comfortable environment for its residents. The community offers various amenities, including bus services for shopping and religious activities, a 24-hour emergency service hotline, a beauty parlor, game room, arts and crafts room, general store, gift shop, library, and an organized resident council. The presence of these facilities encourages social interaction, companionship, and independence among the residents, fostering a happy and active atmosphere. In 2022, Redeemer Village II served a total of 54 residents, demonstrating its commitment to providing a supportive living environment for its community members.
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Impact
October, 2024
Redeemer Village II significantly impacts the lives of low-income elderly and disabled individuals by providing safe, affordable housing that fosters companionship and independence. With 49 HUD-subsidized rental units, it offers a supportive environment where residents can thrive. The residents benefit from various services, including bus transportation for shopping and religious activities, access to emergency services, and facilities like a beauty parlor, game room, arts and crafts room, general store, gift shop, library, and an organized resident council.
In 2022, Redeemer Village II served 54 residents, enabling them to live with dignity in a community that prioritizes their well-being. By maintaining a vibrant and engaging atmosphere, the organization helps to enhance the quality of life for individuals aged 62 and older, allowing them to enjoy their independence while also ensuring that they are part of a caring community. The comprehensive services and amenities provided play a crucial role in reducing isolation and improving the overall mental and emotional health of the residents.
This information is meant to be a general summary of Redeemer Village Ii. 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: $417
- Program Service Revenue: $297,725
- Gross Receipts: $316,260
Assets and Liabilities:
- Total Assets: $40,139
- Total Liabilities: $52,528
- Net Assets: -$12,389
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$297,725
Organization Details
Founding Year
1981
Phone
(215) 938-7855Principal Officer
Michael B Laign
Main Address
1551 HUNTINGDON PK, HUNTINGDON VALLEY, PA, 19006
NTEE Category
Code: L210 - Housing
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