Brownsburg Village Inc

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

EIN: 351619240 ✦ Danville, IN ✦ Designated as a 501(c)(3)

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Overview

What is Brownsburg Village Inc?

Brownsburg Village Inc is a nonprofit organization situated in Danville, Indiana, specifically at 1570 East Main Street. With a focus on community service, the organization operates a 50-unit apartment project under Section 202 of the National Housing Act, providing housing solutions for low-income and very low-income individuals. Their mission is deeply rooted in federal programs, aiming to ensure affordable housing for those in need. With a workforce of eight dedicated individuals, Brownsburg Village Inc plays a significant role in enhancing living conditions and promoting social equality in the community.

Is Brownsburg Village Inc legitimate?

Brownsburg Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brownsburg Village 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: $94,944

For more financial information, click here

What is the mission statement of Brownsburg Village Inc?

Brownsburg Village Inc, as an organization, is dedicated to providing housing solutions for individuals with low or very low income. They accomplish this mission under federal programs. Specifically, they operate a 50-unit apartment project under Section 202 of the National Housing Act, demonstrating their commitment to making a significant impact in this area. By offering housing opportunities, they contribute to the well-being and stability of the individuals they serve.

Who is the CEO of Brownsburg Village Inc?

Timothy Paino is the President of Brownsburg Village Inc.

What is the revenue of Brownsburg Village Inc?

Brownsburg Village Inc's revenue in 2023 was $454,935.

Who are the executives of Brownsburg Village Inc and what are their salaries?

The average compensation at Brownsburg Village Inc during 2023 was $11,868. There are 8 employees at Brownsburg Village Inc.


Here are 3 key members and their salaries:


Timothy D Paino (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwayne Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry White (Secretary/ Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Brownsburg Village Inc?

Brownsburg Village Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Brownsburg Village Inc

Brownsburg Village Inc, a nonprofit organization, is committed to providing housing solutions for individuals who fall under the categories of low and very low income. In alignment with its mission, the organization operates a 50-unit apartment project under Section 202 of the National Housing Act. This initiative is aimed at making housing more accessible and affordable for those who might otherwise struggle to secure suitable living arrangements. By owning and managing this apartment project, Brownsburg Village Inc plays a vital role in addressing the housing needs of its target demographic, thereby contributing to a more equitable and inclusive society.

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Impact




October, 2024

Brownsburg Village Inc plays a crucial role in addressing housing needs for low and very low-income individuals in Danville, Indiana. By owning and operating a 50-unit apartment project under Section 202 of the National Housing Act, the organization offers safe and affordable housing options to those who may otherwise struggle to secure stable living conditions. This initiative not only provides shelter but also fosters community and stability for residents, promoting long-term well-being and empowerment. Through its commitment to affordable housing, Brownsburg Village Inc significantly impacts local families and individuals, ensuring that everyone has access to essential housing resources.




This information is meant to be a general summary of Brownsburg Village 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.

Revenue
$454,935 (2023)
Expenses
$444,005 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $891
  • Program Service Revenue: $450,197
  • Gross Receipts: $454,935

Assets and Liabilities:

  • Total Assets: $836,479
  • Total Liabilities: $1,226,593
  • Net Assets: -$390,114

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HAP RENTS

Revenue

$287,471

OTHER TENANT RENT

Revenue

$162,726

Organization Details

Founding Year

1987

Principal Officer

Timothy Paino

Main Address

1570 EAST MAIN STREET, DANVILLE, IN, 46122

NTEE Category

Code: L21 - Housing

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