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Virginia Avenue Apartments Inc

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

EIN: 300342190 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Virginia Avenue Apartments Inc?

Virginia Avenue Apartments Inc is a nonprofit organization located in Lexington, Kentucky, specifically at 1351 Newtown Pike. Their primary mission is to provide housing for low-income individuals dealing with mental health issues and intellectual and developmental disabilities. To accomplish this, they operate a 16-unit apartment project in Lexington. This initiative aims to offer a supportive living environment, fostering independence and quality of life for those in need.


Official website here: www.newvista.org

Is Virginia Avenue Apartments Inc legitimate?

Virginia Avenue Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Avenue 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.newvista.org

What is the mission statement of Virginia Avenue Apartments Inc?

Virginia Avenue Apartments Inc, as an organization, is dedicated to providing housing for individuals with low income and mental health, intellectual, or developmental disabilities. Their mission is to offer a living space that caters specifically to this group, aiming to ensure they have a supportive environment. The operation of their 16-unit apartment project in Lexington, Kentucky, is a reflection of their commitment to this cause. They strive to create an inclusive community where these individuals can reside with dignity and access necessary resources.


Official website here: www.newvista.org

Who is the CEO of Virginia Avenue Apartments Inc?

Dellynda Werline is the Board Director of Virginia Avenue Apartments Inc.


Official website here: www.newvista.org

What is the revenue of Virginia Avenue Apartments Inc?

Virginia Avenue Apartments Inc's revenue in 2023 was $155,105.


Official website here: www.newvista.org

Who are the executives of Virginia Avenue Apartments Inc and what are their salaries?


Here are 8 key members and their salaries:


Philip Berger (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Ward (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Conley (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Mckinney (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dellynda Werline (Officer/ Board Secretary-T)
  • Compensation: $0
  • Related: $384,381
  • Other: $40,902
Mary June Brunker (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Morgan (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Royse (Cfo)
  • Compensation: $0
  • Related: $209,428
  • Other: $30,134


Official website here: www.newvista.org

Where can I find the form 990 for Virginia Avenue Apartments Inc?

Virginia Avenue Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.newvista.org

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

Mission Statement of Virginia Avenue Apartments Inc

Virginia Avenue Apartments Inc, as a nonprofit organization, is committed to providing housing solutions for individuals who are struggling with mental health issues and intellectual or developmental disabilities. Their mission is to offer a safe and supportive living environment for these individuals, enabling them to lead independent and fulfilling lives. By operating a 16-unit apartment project, Virginia Avenue Apartments Inc aims to serve as a beacon of hope and a stepping stone towards self-sufficiency for those in need.

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Impact




October, 2024

Virginia Avenue Apartments Inc has a significant impact on the community by providing essential housing for low-income individuals facing mental health, intellectual, and developmental disabilities. By operating a 16-unit apartment complex in Lexington, Kentucky, it offers a supportive living environment tailored to the unique needs of its residents. This initiative not only addresses the critical shortage of accessible housing options for these vulnerable populations but also fosters a sense of community, dignity, and independence for individuals who may otherwise struggle to find stable and safe housing. By ensuring that residents have a place to call home, Virginia Avenue Apartments Inc plays a crucial role in improving their quality of life and promoting inclusion within the broader community.




This information is meant to be a general summary of Virginia Avenue 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.

Revenue
$155,105 (2023)
Expenses
$196,310 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,133
  • Program Service Revenue: $150,300
  • Gross Receipts: $155,105

Assets and Liabilities:

  • Total Assets: $688,871
  • Total Liabilities: $1,011,874
  • Net Assets: -$323,003

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Programs

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

RENTAL INCOME

Revenue

$150,300

Organization Details

Founding Year

2005

Principal Officer

Dellynda Werline

Main Address

1351 NEWTOWN PIKE, LEXINGTON, KY, 40511

NTEE Category

Code: L21 - Housing

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