Overview
What is Lf Bella Vista Apartments Inc?
Lf Bella Vista Apartments Inc is a nonprofit organization, established in 2010 by La Frontera Partners, Inc., that provides housing solutions in Tucson, Arizona. Their primary focus is on serving very low-income individuals with disabilities, offering them a 14-unit apartment complex as their residence. This organization's mission is to provide a secure and supportive living environment, ensuring these individuals have access to a place they can call home. By operating this complex, Lf Bella Vista Apartments Inc aims to contribute positively to the community and support those with specific needs.
Official website here: www.lafrontera.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% - Three-Star out of Four Star Rating
Lf Bella Vista Apartments Inc has achieved an 82% rating from Charity Navigator, indicating a commendable level of accountability and financial health. The score is derived entirely from the Accountability & Finance beacon, showcasing the organization's strong governance practices and adherence to transparency.
The nonprofit boasts a fully independent board of directors, with 100% of its members being independent, which strengthens its governance and decision-making processes. Additionally, the organization has no material diversion of assets, and it effectively maintains policies related to conflict of interest, whistleblower protections, and document retention, all of which contribute to its solid score in accountability and finance.
On the financial side, Lf Bella Vista Apartments Inc demonstrates efficiency with a program expense ratio of 83.32%, indicating that a substantial portion of its funds is dedicated to its programs rather than administrative costs. While the organization shows strong practices and financial health, ongoing transparency and performance monitoring will be essential for maintaining and possibly improving its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Lf Bella Vista Apartments Inc legitimate?
Lf Bella Vista Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lf Bella Vista Apartments 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
Official website here: www.lafrontera.org
What is the mission statement of Lf Bella Vista Apartments Inc?
Lf Bella Vista Apartments Inc, as a nonprofit organization, is dedicated to providing housing for individuals with disabilities who have low income. Established in 2010 by La Frontera Partners Inc, the organization operates a 14-unit apartment complex to cater to this specific demographic. The primary goal of Lf Bella Vista Apartments Inc is to offer an affordable living space for these individuals, ensuring they have access to necessary housing without financial strain. The organization's mission is centered around enhancing the quality of life for its residents, providing them with a safe and supportive environment.
Official website here: www.lafrontera.org
Who is the CEO of Lf Bella Vista Apartments Inc?
Michael Prudence is the Chair of Lf Bella Vista Apartments Inc. The CEO's salary of Lf Bella Vista Apartments Inc is $0 and their total compensation is $472,658.
Official website here: www.lafrontera.org
What is the revenue of Lf Bella Vista Apartments Inc?
Lf Bella Vista Apartments Inc's revenue in 2023 was $111,290.
Official website here: www.lafrontera.org
Who are the executives of Lf Bella Vista Apartments Inc and what are their salaries?
There 19 volunteers at Lf Bella Vista Apartments Inc.
Here are 22 key members and their salaries (Lf Bella Vista Apartments Inc's CEO's salary is $0 and their total compensation is $472,658):
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- Related: $440,456
- Other: $32,202
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- Related: $241,174
- Other: $32,924
- Compensation: $0
- Related: $252,136
- Other: $21,233
Official website here: www.lafrontera.org
Where can I find the form 990 for Lf Bella Vista Apartments Inc?
Lf Bella Vista Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lafrontera.org
Learn more at the official website: www.lafrontera.org
Mission Statement of Lf Bella Vista Apartments Inc
Lf Bella Vista Apartments Inc, a nonprofit organization established in 2010, is dedicated to providing housing for individuals with disabilities who fall under the category of very low income. This corporation, organized by La Frontera Partners, Inc., operates a 14-unit apartment complex situated in Tucson, Arizona. The mission of Lf Bella Vista Apartments Inc is to offer a safe and supportive living environment for these individuals, ensuring they have access to affordable housing. By doing so, the organization aims to contribute positively to their overall well-being and independence.
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Impact
October, 2024
Lf Bella Vista Apartments Inc has a significant impact on the community by providing stable housing for very low-income individuals with disabilities. By operating a 14-unit apartment complex in Tucson, AZ, it addresses the critical need for affordable housing for vulnerable populations. This initiative not only offers a safe and secure living environment but also fosters independence and community integration for residents who may otherwise face challenges in accessing suitable accommodations. The organization’s focus on this demographic helps to reduce homelessness and improve the overall quality of life for its tenants, enabling them to thrive within their community.
This information is meant to be a general summary of Lf Bella Vista Apartments 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: $1,384
- Program Service Revenue: $109,726
- Gross Receipts: $111,290
Assets and Liabilities:
- Total Assets: $1,666,098
- Total Liabilities: $2,159,319
- Net Assets: -$493,221
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$109,726
Organization Details
Founding Year
2010
Phone
(520) 884-9920Principal Officer
Michael Prudence
Main Address
504 W 29th St, Tucson, AZ, 85713
Website
www.lafrontera.orgNTEE Category
Code: L20 - Housing
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