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Versailles Apartments

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

EIN: 251399564 ✦ North versailles, PA ✦ Designated as a 501(c)(3)

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Overview

What is Versailles Apartments?

Versailles Apartments is a housing facility situated in North Versailles, Pennsylvania, specifically at 357 Lincoln Highway. It is a nonprofit organization dedicated to serving elderly and handicapped individuals and families with low to moderate incomes. The complex houses 24 units, providing a residence for those in need. The primary mission of Versailles Apartments is to offer affordable housing options for this specific demographic.

Is Versailles Apartments legitimate?

Versailles Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Versailles Apartments 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: $6,224

For more financial information, click here

What is the mission statement of Versailles Apartments?

The Versailles Apartments are committed to providing housing for elderly and/or handicapped families with low to moderate incomes. Their mission is centered around this objective, aiming to offer a living space that is accessible and affordable for this specific demographic. With a total of twenty-four housing units within the Versailles Apartments complex, they strive to provide a suitable living environment for those in need.

Who is the CEO of Versailles Apartments?

Lawrence Swanson is the President of Versailles Apartments.

What is the revenue of Versailles Apartments?

Versailles Apartments's revenue in 2022 was $263,053.

Who are the executives of Versailles Apartments and what are their salaries?

There 5 volunteers at Versailles Apartments.


Here are 5 key members and their salaries:


John Exler Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Swanson (V. President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Miljus (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bree Patsey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Cioti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Versailles Apartments?

Versailles Apartments's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Versailles Apartments

Versailles Apartments, a nonprofit organization, is dedicated to providing housing for elderly and handicapped families who fall under the category of low and moderate income. This mission is carried out through the operation of a complex that houses twenty-four units, offering a place of shelter and comfort for those in need. The organization's primary goal is to ensure that these individuals have a secure and accessible living space, allowing them to maintain their independence and dignity. By providing this essential service, Versailles Apartments plays a significant role in promoting the well-being and quality of life for its residents.

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Impact




October, 2024

Versailles Apartments significantly enhances the quality of life for elderly and handicapped low and moderate income families in North Versailles, PA. By offering 24 dedicated housing units, it provides a safe and supportive environment tailored to the needs of these vulnerable populations. The apartments foster a sense of community, allowing residents to live independently while having access to essential resources and support services. This initiative not only addresses the critical need for affordable housing but also empowers residents by promoting social connections and improving their overall well-being. The impact of Versailles Apartments extends beyond mere shelter; it plays a crucial role in enhancing the dignity, security, and quality of life for its residents, thereby contributing positively to the broader community.




This information is meant to be a general summary of Versailles Apartments. 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
$263,053 (2022)
Expenses
$528,833 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $371
  • Program Service Revenue: $79,883
  • Gross Receipts: $263,053

Assets and Liabilities:

  • Total Assets: $368,363
  • Total Liabilities: $970,754
  • Net Assets: -$602,391

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Programs

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

RENT

Revenue

$79,883

Organization Details

Founding Year

1981

Principal Officer

Lawrence Swanson

Main Address

357 LINCOLN HIGHWAY, NORTH VERSAILLES, PA, 15137

NTEE Category

Code: L200 - Housing

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