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Villas At Bayou Park Inc

Villas At Bayou Park Apartments

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

EIN: 300039805 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Villas At Bayou Park Inc?

Villas At Bayou Park Inc is a nonprofit organization, specifically known as Villas At Bayou Park Apartments, situated in Houston, Texas. They are committed to providing housing facilities for disabled individuals, adhering to Section 811 of the National Housing Act. This agreement is overseen by the Department of HUD. The organization's mission is centered around offering suitable housing solutions to this specific demographic, aiming to enhance their quality of life. With a small team of one dedicated employee, Villas At Bayou Park Inc continues its mission to make a difference in the lives of disabled individuals.

Is Villas At Bayou Park Inc legitimate?

Villas At Bayou Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Villas At Bayou Park 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: $5,890

For more financial information, click here

What is the mission statement of Villas At Bayou Park Inc?

Villas At Bayou Park Inc, as a housing provider, is committed to serving individuals with disabilities under Section 811 of the National Housing Act. This commitment is made through an agreement with the Department of Housing and Urban Development (HUD). The organization's primary mission is to offer suitable housing solutions for individuals with disabilities, ensuring they have a comfortable living environment. By adhering to the guidelines set by Section 811 and HUD, Villas At Bayou Park Inc contributes to fostering an inclusive society where individuals with disabilities can live with dignity and independence. The organization's efforts aim to enhance the quality of life for these individuals, providing them with a secure and supportive housing environment.

Who is the CEO of Villas At Bayou Park Inc?

Neal Sarahan is the Director of Villas At Bayou Park Inc.

What is the revenue of Villas At Bayou Park Inc?

Villas At Bayou Park Inc's revenue in 2022 was $81,873.

Who are the executives of Villas At Bayou Park Inc and what are their salaries?

The average compensation at Villas At Bayou Park Inc during 2022 was $5,890. There is 1 employee at Villas At Bayou Park Inc.


Here are 4 key members and their salaries:


Maria Richardson (Director)
  • Compensation: $0
  • Related: $132,026
  • Other: $0
Neal Sarahan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Smith (Vice President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Buthorn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Villas At Bayou Park Inc?

Villas At Bayou Park Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Villas At Bayou Park Inc

Villas At Bayou Park Inc is dedicated to providing housing solutions for individuals with disabilities. This mission is carried out under the agreement with the Department of Housing and Urban Development, in accordance with Section 811 of the National Housing Act. The organization's primary focus is on offering housing opportunities, ensuring that disabled individuals have access to safe and comfortable living spaces. By doing so, Villas At Bayou Park Inc contributes to enhancing the quality of life for those in need, providing them with a secure foundation from which to build their daily lives.

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Impact




October, 2024

Villas At Bayou Park Inc plays a crucial role in providing housing for individuals with disabilities in Houston, Texas. By implementing Section 811 of the National Housing Act, the organization ensures that disabled persons have access to safe and affordable housing. This support not only addresses immediate housing needs but also promotes greater independence and community integration for residents. Through its partnership with the Department of HUD, Villas At Bayou Park Inc contributes significantly to enhancing the quality of life for disabled individuals, fostering a more inclusive environment where they can thrive.




This information is meant to be a general summary of Villas At Bayou Park 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
$81,873 (2022)
Expenses
$161,377 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10
  • Program Service Revenue: $80,417
  • Gross Receipts: $81,873

Assets and Liabilities:

  • Total Assets: $1,464,677
  • Total Liabilities: $197,198
  • Net Assets: $1,267,479

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Programs

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

TENANT RENT

Revenue

$52,844

HUD RENT ASSISTANCE

Revenue

$30,160

VACANCIES

Revenue

-$2,587

Organization Details

Founding Year

2006

Principal Officer

Neal Sarahan

Main Address

2211 NORFOLK ST STE 614, HOUSTON, TX, 77098

NTEE Category

Code: P70 - Human services

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