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Synergy Village

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

EIN: 320596555 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Synergy Village?

Synergy Village is a nonprofit organization situated in Denver, Colorado, with a mission to offer affordable housing to individuals with low income. Their resident assistance program offers essential aid such as rental assistance, vehicle repairs, moving expenses, and furnishings for apartments. They also provide new mattresses and headboards to residents in need. To expand their reach, Synergy Village invests in marketing and website development, including the creation of a logo, filing for a 501C3 form with the IRS, and designing a website for donations and email communication. This nonprofit organization is dedicated to improving the living conditions of its residents and fostering a supportive community.


Official website here: www.synergyvillage.org/

Is Synergy Village legitimate?

Synergy Village is a legitimate nonprofit organization registered as a 501(c)(3) entity. Synergy Village submitted a form 990EZ, 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.


Official website here: www.synergyvillage.org/

What is the mission statement of Synergy Village?

Synergy Village, as an organization, is dedicated to fulfilling a mission of providing low-income housing. Beyond offering residential spaces, they also provide crucial support services. This includes financial aid in the form of rental assistance, car repairs, moving expenses, and furnishings for apartments. Residents in need of new mattresses and headboards are also catered to. To further their reach and capabilities, funds are allocated for marketing, website creation, and the filing of the necessary paperwork with the IRS for 501C3 status.


Official website here: www.synergyvillage.org/

Who is the CEO of Synergy Village?

Loren Funk is the President of Synergy Village.


Official website here: www.synergyvillage.org/

What is the revenue of Synergy Village?

Synergy Village's revenue in 2022 was $59,340.


Official website here: www.synergyvillage.org/

Who are the executives of Synergy Village and what are their salaries?


Here are 2 key members and their salaries:


Loren Funk (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adele J Funk (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.synergyvillage.org/

Where can I find the form 990EZ for Synergy Village?

Synergy Village's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.synergyvillage.org/

Learn more at the official website: www.synergyvillage.org/

Mission Statement of Synergy Village

Synergy Village, as a nonprofit organization, is committed to supporting low-income individuals by providing housing. Beyond offering residential spaces, Synergy Village runs a resident assistance program that extends aid in various forms. This program includes financial assistance for rent, car repairs, moving expenses, and furnishing apartments. Notably, the organization goes the extra mile by purchasing new mattresses and headboards for residents who are in need.

Furthermore, Synergy Village invests in its digital presence through marketing and website funds. These funds are directed towards creating a logo, filing for the necessary 501C3 form with the IRS, and designing a user-friendly website for donations and emails. This digital strategy not only enhances the organization's outreach but also enables potential donors to easily contribute to its cause. In essence, Synergy Village's mission is centered around providing affordable housing and offering a comprehensive range of support services to its residents.

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Impact




August, 2024

Synergy Village's impact can be seen in its dedication to providing essential support for low-income individuals in need of housing assistance. By offering rental support, car repairs, moving expenses, and furnishings for apartments, Synergy Village directly improves the living conditions of those facing financial hardships. Additionally, the organization's provision of new mattresses and headboards ensures that residents have a comfortable and safe place to rest. Through these initiatives, Synergy Village contributes to enhancing the quality of life for individuals in Denver, CO, who are struggling to access affordable housing options.




This information is meant to be a general summary of Synergy Village. 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
$59,340 (2022)
Expenses
$65,239 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $59,340

Assets and Liabilities:

  • Total Assets: $77,905
  • Total Liabilities: $0
  • Net Assets: $77,905

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Organization Details

Principal Officer

Loren Funk

Main Address

PO Box 27301, Denver, CO, 80227

NTEE Category

Code: L21 - Housing

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