Overview
What is St Vincent De Paul Housing Inc?
St. Vincent De Paul Housing Inc, located at 13031 Palm Beach Blvd, Fort Myers, FL, is a nonprofit organization dedicated to providing affordable housing and essential services to qualified low-income elderly individuals. Operating under the name Villa Vincente, this HUD-subsidized and regulated apartment complex aims to cater to the housing needs of its elderly residents, ensuring they maintain a comfortable living standard.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
St. Vincent De Paul Housing Inc has achieved an impressive 94% score, reflecting strong accountability and financial practices. The charity is recognized for having a fully independent board consisting of eight members, adherence to a conflict of interest policy, and comprehensive financial oversight. Their audit and oversight committee also received a perfect score, indicating rigorous financial management.
The organization stands out with a 100% program expense ratio, suggesting that all of its expenses are allocated directly to its programs, which is a significant indicator of efficiency and commitment to its mission. Furthermore, the low liabilities to assets ratio at 1.76% demonstrates solid financial health and minimal debt, enhancing its credibility among donors and stakeholders.
Despite the positive aspects highlighted in the rating, no specific limitations were mentioned in the data available. Overall, St. Vincent De Paul Housing Inc showcases strong governance and financial practices, reinforcing its reputation as a responsible nonprofit dedicated to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is St Vincent De Paul Housing Inc legitimate?
St Vincent De Paul Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Vincent De Paul Housing 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: $109,420
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What is the mission statement of St Vincent De Paul Housing Inc?
St. Vincent De Paul Housing Inc. is committed to providing affordable housing and additional services to qualified low-income elderly individuals. As a HUD-subsidized and regulated apartment complex, their mission is to cater to this specific demographic, ensuring they have access to comfortable living spaces. The organization is dedicated to making a significant impact in the lives of these individuals, offering more than just housing.
Who is the CEO of St Vincent De Paul Housing Inc?
Fr Murchadh O'Madagain is the President of St Vincent De Paul Housing Inc.
What is the revenue of St Vincent De Paul Housing Inc?
St Vincent De Paul Housing Inc's revenue in 2023 was $532,940.
Who are the executives of St Vincent De Paul Housing Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for St Vincent De Paul Housing Inc?
St Vincent De Paul Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of St Vincent De Paul Housing Inc
St. Vincent De Paul Housing Inc is dedicated to providing affordable housing and additional services to eligible low-income elderly individuals. As a HUD-subsidized and regulated apartment complex, their mission is to offer a safe and comfortable living environment for this specific demographic. By doing so, they aim to contribute positively to their community and ensure that elderly individuals have access to essential housing needs. The organization has successfully provided 60 apartments to qualified low-income elderly persons, demonstrating their commitment to their mission.
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Impact
July, 2024
St Vincent De Paul Housing Inc provides a crucial service by offering affordable housing to qualified low-income elderly persons in Fort Myers, FL. With 60 apartments available, this organization directly addresses the pressing need for affordable housing in the community. By fulfilling their mission of providing not just housing but also services to support these individuals, St Vincent De Paul Housing Inc significantly impacts the lives of those in need, ensuring they have a safe and stable place to call home. This support contributes to the well-being and quality of life of the elderly residents, promoting dignity and security in their later years.
This information is meant to be a general summary of St Vincent De Paul Housing 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 2023.
- Investment Income: $210
- Program Service Revenue: $532,730
- Gross Receipts: $532,940
Assets and Liabilities:
- Total Assets: $2,798,898
- Total Liabilities: $49,509
- Net Assets: $2,749,389
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$523,157
LAUNDRY
Revenue
$9,573
Organization Details
Founding Year
2002
Phone
(941) 484-9543Principal Officer
Fr Murchadh O'Madagain
Main Address
13031 PALM BEACH BLVD, FORT MYERS, FL, 339051937
NTEE Category
Code: L22 - Housing
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