Overview
What is Villa Seton Inc?
Villa Seton Inc is a nonprofit organization located in Palm Beach Gardens, Florida, with a focus on providing housing solutions for elderly individuals with low income. Operating under a project funded by the U.S. Department of Housing and Urban Development (HUD), Villa Seton Inc offers residential units specifically designed for this demographic. The organization's mission is to ensure that elderly families and individuals have access to suitable housing, catering to those who fall under the category of very low income. With a dedicated workforce of three employees, Villa Seton Inc plays an essential role in addressing housing needs for this vulnerable population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% - Four-Star out of Four Star rating
Villa Seton Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial management. The organization scored 94% in the Accountability & Finance category, indicating efficient use of resources and transparent practices. With a perfect score for having a majority of independent board members and comprehensive oversight of financial statements, Villa Seton demonstrates a commitment to governance and ethical standards.
The organization has implemented several best practices, such as conflict of interest and whistleblower policies, which contribute to its operational integrity. Villa Seton also showcases an impressive program expense ratio of 70.08%, which suggests that a significant portion of its funding is directed towards its programs rather than administrative costs. This focus on programmatic impact is a positive aspect that resonates well with donors and stakeholders.
However, while the financial metrics are strong, the summary does not provide detailed information on the specific programs or services Villa Seton offers. Potential donors may benefit from additional insights into the organization's mission and the direct impact of its initiatives on the community it serves. Overall, Villa Seton Inc stands out for its financial health and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Villa Seton Inc legitimate?
Villa Seton Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Villa Seton 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: $159,186
For more financial information, click here
What is the mission statement of Villa Seton Inc?
Villa Seton Inc's mission is centered around providing housing for elderly families and individuals with very low income. In line with this mission, they operate a housing project funded by the U.S. Department of Housing and Urban Development (HUD), offering rental units specifically designed for elderly individuals with low income. Their primary objective is to ensure that these individuals have a place to call home, promoting their well-being and stability within the community.
Who is the CEO of Villa Seton Inc?
Vito Gendusa is the President of Villa Seton Inc.
What is the revenue of Villa Seton Inc?
Villa Seton Inc's revenue in 2023 was $636,378.
Who are the executives of Villa Seton Inc and what are their salaries?
The average compensation at Villa Seton Inc during 2023 was $53,062. There are 3 employees at Villa Seton Inc.
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Where can I find the form 990 for Villa Seton Inc?
Villa Seton Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Villa Seton Inc
Villa Seton Inc, a nonprofit organization, is dedicated to providing housing solutions for elderly families and individuals with very low income. Their mission is to ensure that these individuals have a secure living space, aligning with the U.S. Department of Housing and Urban Development's (HUD) project that includes rental units specifically designed for the elderly with low income. The organization's focus is on making housing accessible and affordable for this demographic, contributing to their overall well-being and quality of life.
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Impact
July, 2024
Villa Seton Inc provides crucial housing support for elderly individuals and families with very low incomes in Palm Beach Gardens, FL. This organization's impact is significant as it offers a safe and affordable living environment for a vulnerable population that may otherwise struggle to meet their housing needs. By offering rental units specifically tailored for low-income elderly individuals, Villa Seton Inc plays a vital role in addressing the housing challenges faced by this demographic, ensuring they have a place to call home and live with dignity.
This information is meant to be a general summary of Villa Seton 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 2023.
- Investment Income: $2,639
- Program Service Revenue: $125,789
- Gross Receipts: $636,378
Assets and Liabilities:
- Total Assets: $3,557,144
- Total Liabilities: $342,089
- Net Assets: $3,215,055
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENTAL
Revenue
$125,789
Organization Details
Founding Year
2000
Phone
(561) 775-9516Principal Officer
Vito Gendusa
Main Address
9995 N MILITARY TRAIL, PALM BEACH GARDENS, FL, 33410
NTEE Category
Code: L22 - Housing
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