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
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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
What is the revenue of Virginia Avenue Apartments Inc?
Virginia Avenue Apartments Inc's revenue in 2024 was $148,370.
Official website here: www.newvista.org
Who are the executives of Virginia Avenue Apartments Inc and what are their salaries?
There 6 volunteers at Virginia Avenue Apartments Inc.
Here are 8 key members and their salaries:
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- Related: $423,125
- Other: $44,733
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- Related: $243,346
- Other: $46,218
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 2024 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $1,221
- Program Service Revenue: $147,149
- Gross Receipts: $148,370
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
$147,149
Organization Details
Founding Year
2005
Principal Officer
Dee Werline
Website
www.newvista.orgNTEE Category
Code: L21 - Housing
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