Overview
What is Valley Residential Services Inc?
Valley Residential Services Inc is a nonprofit organization situated in Wasilla, Alaska, specifically at 1075 Check Street Suite 102. Their primary mission is to provide affordable housing for low-income individuals with disabilities. They achieve this by constructing, purchasing, owning, and managing housing units specifically tailored for this demographic. With a dedicated workforce of 20 employees, Valley Residential Services Inc is committed to making a significant impact in the lives of those in need. Their operations are focused on enhancing the living conditions of this vulnerable population, ensuring they have access to safe and affordable housing.
Is Valley Residential Services Inc legitimate?
Valley Residential Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Residential Services 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: $186,778
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,970
For more financial information, click here
What is the mission statement of Valley Residential Services Inc?
Valley Residential Services Inc is dedicated to constructing, obtaining, owning, and managing affordable housing for low-income individuals with disabilities. Their primary objective is to provide a suitable living environment for this specific demographic. One of their projects includes Forest Hills 2001, which caters to low-income individuals in the Wasilla, Alaska area. The organization's focus is on ensuring accessibility and affordability for those who require such housing.
Who is the CEO of Valley Residential Services Inc?
John Weaver is the Ceo of Valley Residential Services Inc. The CEO's salary of Valley Residential Services Inc is $121,354 and their total compensation is $121,354.
What is the revenue of Valley Residential Services Inc?
Valley Residential Services Inc's revenue in 2022 was $3,603,351.
Who are the executives of Valley Residential Services Inc and what are their salaries?
The average compensation at Valley Residential Services Inc during 2022 was $19,987. There are 20 employees at Valley Residential Services Inc.
Here are 8 key members and their salaries (Valley Residential Services Inc's CEO's salary is $121,354 and their total compensation is $121,354):
- Compensation: $121,354
- Related: $0
- Other: $0
- Compensation: $65,424
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Valley Residential Services Inc?
Valley Residential Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Valley Residential Services Inc
Valley Residential Services Inc is dedicated to addressing the housing needs of low-income disabled individuals. Their mission is to construct, procure, own, and manage affordable housing units specifically designed for this population. This nonprofit organization is committed to providing a safe and suitable living environment for individuals who require specialized accommodations due to their disabilities. By offering affordable housing, Valley Residential Services Inc aims to alleviate the housing burden and promote independence and self-sufficiency among its residents. This mission is a significant contribution towards ensuring equal opportunities and inclusivity for disabled individuals in the broader society.
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Impact
October, 2024
Valley Residential Services Inc plays a crucial role in addressing the housing needs of low-income disabled individuals in the Wasilla, Alaska area. By building, acquiring, owning, and operating affordable housing, the organization helps to create stable living environments for those who may otherwise struggle to find suitable accommodations.
Their focus on affordable housing significantly impacts the community by promoting independence and enhancing the quality of life for residents. This not only alleviates the financial burden on low-income individuals but also fosters social inclusion and a sense of belonging. As a result, Valley Residential Services Inc not only addresses immediate housing challenges but also contributes to the broader community’s well-being and resilience.
This information is meant to be a general summary of Valley Residential Services 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: $102
- Program Service Revenue: $1,697,502
- Gross Receipts: $3,603,351
Assets and Liabilities:
- Total Assets: $8,448,022
- Total Liabilities: $2,465,462
- Net Assets: $5,982,560
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPERS FEES
Revenue
$71,700
INSURANCE REIMBURSEMENTS
Revenue
$666,462
MANAGEMENT FEES
Revenue
$299,272
OTHER
Revenue
$36,795
RENTAL INCOME
Revenue
$623,273
Organization Details
Phone
(907) 357-0322Principal Officer
John Weaver
Main Address
1075 CHECK STREET SUITE 102, WASILLA, AK, 99654
NTEE Category
Code: L99 - Housing
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