Overview
What is Vennevoll Inc?
Vennevoll Inc is a nonprofit organization situated in Stoughton, Wisconsin. Their primary mission is to offer affordable retirement housing for individuals aged 62 and above. They own 114 single-story condominiums, designed with senior living in mind. These condos come with numerous ancillary and support services, ensuring a secure environment for their residents. The condos are maintenance-free, providing carefree living for the senior population. Vennevoll Inc is committed to enhancing the quality of life for older adults by offering affordable housing options.
Is Vennevoll Inc legitimate?
Vennevoll Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vennevoll 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: $0
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What is the mission statement of Vennevoll Inc?
Vennevoll Inc's primary mission is centered around providing affordable retirement housing for seniors aged 62 and above. This organization strives to create a living environment that caters to the needs of independent adults, offering them maintenance-free condominiums. To ensure a secure and supportive environment, Vennevoll Inc also provides various ancillary services. The goal is to enhance the living experience for these seniors, providing them with a comfortable and carefree retirement.
Who is the CEO of Vennevoll Inc?
Kris Krentz is the Sec/Treas of Vennevoll Inc.
What is the revenue of Vennevoll Inc?
Vennevoll Inc's revenue in 2022 was $197,354.
Who are the executives of Vennevoll Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $196,882
- Other: $52,000
Where can I find the form 990 for Vennevoll Inc?
Vennevoll Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Vennevoll Inc
Vennevoll Inc, a nonprofit organization, is dedicated to providing affordable retirement housing for seniors aged 62 and above. Their mission is to create a secure living environment for independent adults, offering maintenance-free two-bedroom condominiums. These properties are equipped with numerous ancillary and support services, ensuring that the seniors residing there can enjoy their retirement years with peace of mind. By providing affordable housing options, Vennevoll Inc is helping to alleviate some of the financial pressures that often come with retirement, allowing seniors to focus on living their golden years to the fullest.
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Impact
October, 2024
Vennevoll Inc significantly enhances the quality of life for seniors aged 62 and older by providing affordable, maintenance-free retirement housing. With a focus on independent living, the organization owns 114 single-story condominiums designed specifically for older adults, creating a secure and supportive environment. Each two-bedroom unit allows residents to enjoy carefree living while benefiting from a range of ancillary services tailored to their needs. By ensuring that housing is not only accessible but also equipped with support, Vennevoll Inc contributes to the well-being and independence of seniors in the Stoughton, WI community.
This information is meant to be a general summary of Vennevoll 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: -$570,900
- Program Service Revenue: $767,254
- Gross Receipts: $197,354
Assets and Liabilities:
- Total Assets: $18,902,869
- Total Liabilities: $17,707,602
- Net Assets: $1,195,267
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAINTENANCE FEES
Revenue
$616,849
AMORTIZATION OF ENTRANCE FEES
Revenue
$150,405
Organization Details
Founding Year
1984
Phone
(608) 873-5651Principal Officer
Kris Krentz
Main Address
400 NORTH MORRIS STREET, STOUGHTON, WI, 53589
NTEE Category
Code: L22 - Housing
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