Overview
What is Four Seasons Villas Inc?
Four Seasons Villas Inc, with its operational name The Villas Apartments, is a nonprofit organization situated in Indianapolis, Indiana. Their primary mission is to provide subsidized housing for low-income elderly individuals and those requiring specially-designed rental units, as supported by the U.S. Department of Housing and Urban Development (HUD). With a dedicated staff of three employees, Four Seasons Villas Inc aims to provide housing solutions that cater to the unique needs of their target population. The organization's work is instrumental in ensuring that vulnerable individuals have access to safe and suitable living environments, thereby contributing to their overall well-being.
Official website here: www.thevillas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Four Seasons Villas Inc has received a rating of 81%, reflecting a solid performance in accountability and finance. This rating is derived solely from its accountability measures, highlighting the organization's commitment to transparency and sound financial practices. With a three-star rating, the charity demonstrates a reliable level of trust for potential donors and supporters.
Strengths of Four Seasons Villas Inc include a high percentage of independent board members, with 66% of its board being independent, which enhances governance. The organization scored full points in several areas, including having an audit and oversight committee, conflict of interest policy, and a whistleblower policy. Additionally, the program expense ratio is impressive at 91.83%, indicating that a significant portion of expenses is directed towards its programs rather than administrative costs.
While the overall rating is positive, it is important for prospective donors to look beyond the score. Although the charity excels in financial accountability, potential supporters may want to explore more about the specific programs and their impact to ensure alignment with their philanthropic goals.
This AI summary has been generated from information found on Charity Navigator.
Is Four Seasons Villas Inc legitimate?
Four Seasons Villas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Four Seasons Villas 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: $139,270
For more financial information, click here
Official website here: www.thevillas.org
What is the mission statement of Four Seasons Villas Inc?
Four Seasons Villas Inc. is committed to operating a HUD-subsidized rental housing project, providing affordable living accommodations for low-income elderly individuals and those requiring specially-designed rental units. Their mission is to ensure that these individuals have access to suitable housing, thereby enhancing their quality of life. The organization operates under the guidance of HUD regulations, providing subsidized housing that caters to the unique needs of its residents. Four Seasons Villas Inc. strives to maintain a safe and comfortable living environment for its residents, fostering a sense of community and support.
Official website here: www.thevillas.org
Who is the CEO of Four Seasons Villas Inc?
Wendy L Meredith is the Director & Chairperson of Four Seasons Villas Inc. The CEO's salary of Four Seasons Villas Inc is $0 and their total compensation is $401,521.
Official website here: www.thevillas.org
What is the revenue of Four Seasons Villas Inc?
Four Seasons Villas Inc's revenue in 2022 was $621,952.
Official website here: www.thevillas.org
Who are the executives of Four Seasons Villas Inc and what are their salaries?
The average compensation at Four Seasons Villas Inc during 2022 was $46,423. There are 3 employees and 4 volunteers at Four Seasons Villas Inc.
Here are 6 key members and their salaries (Four Seasons Villas Inc's CEO's salary is $0 and their total compensation is $401,521):
- Compensation: $0
- Related: $363,620
- Other: $37,901
- Compensation: $0
- Related: $334,250
- Other: $35,922
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thevillas.org
Where can I find the form 990 for Four Seasons Villas Inc?
Four Seasons Villas Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thevillas.org
Learn more at the official website: www.thevillas.org
Mission Statement of Four Seasons Villas Inc
Four Seasons Villas Inc, as a nonprofit organization, is committed to operating a HUD-subsidized rental housing project. Their mission is centered around providing suitable housing for individuals who fall under two categories: low-income elderly individuals and those requiring specially-designed rental units. This mission is instrumental in ensuring that these groups have access to safe and affordable living spaces, thereby enhancing their overall quality of life. The organization's activities are geared towards the operation of this HUD-subsidized project, which is a crucial resource for those in need.
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Impact
July, 2024
Four Seasons Villas Inc's impact can be seen in its provision of HUD-subsidized housing for low-income elderly individuals and persons needing specially-designed rental units in Indianapolis. By operating a rental housing project that caters to the needs of these individuals, Four Seasons Villas Inc plays a crucial role in ensuring affordable and suitable housing options for a vulnerable population. This support contributes to enhancing the quality of life and well-being of those who may struggle to find appropriate housing options on their own. Through its dedicated mission and focus on providing subsidized housing, Four Seasons Villas Inc helps address the pressing need for affordable and accessible housing for low-income elderly individuals and those requiring specially-designed units.
This information is meant to be a general summary of Four Seasons Villas 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 2022.
- Investment Income: $591
- Program Service Revenue: $323,175
- Gross Receipts: $621,952
Assets and Liabilities:
- Total Assets: $1,985,247
- Total Liabilities: $2,251,666
- Net Assets: -$266,419
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT RENTAL INCOME
Revenue
$323,175
Organization Details
Founding Year
1983
Phone
(317) 873-3371Principal Officer
Wendy L Meredith
Main Address
8330 ALLISON POINTE TRAIL STE 300, INDIANAPOLIS, IN, 46268
Website
www.thevillas.orgNTEE Category
Code: L22 - Housing
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