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Vesta Enteka Inc

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

EIN: 262112963 ✦ Lanham, MD ✦ Designated as a 501(c)(3)

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Overview

What is Vesta Enteka Inc?

Vesta Enteka Inc, based in Lanham, Maryland, is a nonprofit organization dedicated to providing affordable housing for chronically mentally disabled individuals. In line with Section 811 of the National Affordable Housing Act, their mission is to ensure suitable living arrangements for this specific group. They operate with the aim of making housing an accessible and affordable option, contributing to the overall well-being and independence of these individuals.


Official website here: www.vesta.org

Is Vesta Enteka Inc legitimate?

Vesta Enteka Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vesta Enteka 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: $4,675

For more financial information, click here


Official website here: www.vesta.org

What is the mission statement of Vesta Enteka Inc?

Vesta Enteka Inc is dedicated to providing affordable housing for individuals suffering from chronic mental disabilities, in line with Section 811 of the National Affordable Housing Act. Their mission is to ensure that these individuals have access to suitable living arrangements, thereby contributing to their overall well-being and improving their quality of life. The organization operates under a tax-exempt purpose, focusing solely on this specific housing initiative.


Official website here: www.vesta.org

What is the revenue of Vesta Enteka Inc?

Vesta Enteka Inc's revenue in 2024 was $73,017.


Official website here: www.vesta.org

Who are the executives of Vesta Enteka Inc and what are their salaries?

Here are 4 key members and their salaries:


Jignesh Dalal (President)
  • Compensation: $0
  • Related: $240,492
  • Other: $21,417
Stephen Freiman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorena Memberg (Secretary)
  • Compensation: $0
  • Related: $120,125
  • Other: $16,437
David Klein (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vesta.org

Where can I find the form 990 for Vesta Enteka Inc?

Vesta Enteka Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.vesta.org

Learn more at the official website: www.vesta.org

Mission Statement of Vesta Enteka Inc

Vesta Enteka Inc, a nonprofit organization, is dedicated to providing affordable housing for individuals who are chronically mentally disabled. Aligning with Section 811 of the National Affordable Housing Act, Vesta Enteka Inc strives to offer a living space that caters to the unique needs of this population. The organization's mission is to create a housing environment that ensures the well-being and safety of these individuals, thereby contributing to their overall improvement and quality of life.

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Impact




October, 2024

Vesta Enteka Inc plays a crucial role in addressing the housing needs of individuals who are chronically mentally disabled. By providing affordable housing solutions in accordance with Section 811 of the National Affordable Housing Act, the organization significantly enhances the quality of life for its residents. This initiative helps to reduce homelessness and provides stability, allowing individuals to focus on their well-being and integration into the community.

Located in Lanham, MD, Vesta Enteka Inc not only fulfills an essential demand for safe and accessible living spaces but also contributes to the broader societal goal of supporting mental health and inclusion. By offering a supportive environment tailored to the specific needs of the chronically mentally disabled, the organization fosters a sense of community and belonging, which is vital for mental health recovery and personal empowerment. Overall, Vesta Enteka Inc's impact extends beyond just housing; it actively promotes dignity, independence, and improved mental health outcomes for its residents.




This information is meant to be a general summary of Vesta Enteka 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
$73,017 (2024)
Expenses
$145,204 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $2,489
  • Program Service Revenue: $66,695
  • Gross Receipts: $73,017

Assets and Liabilities:

  • Total Assets: $970,298
  • Total Liabilities: $1,170,942
  • Net Assets: -$200,644

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Programs

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

RENTAL INCOME

Revenue

$66,695

Organization Details

Founding Year

2008

Principal Officer

Jignesh Dalal

NTEE Category

Code: L20 - Housing

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