Victory Brookside Inc

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

EIN: 453693816 ✦ Rockville, MD ✦ Designated as a 501(c)(3)

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Overview

What is Victory Brookside Inc?

Victory Brookside Inc is a nonprofit organization that specializes in providing affordable housing solutions for low-income senior citizens. Based on the provided information, they manage 56 rental units, catering specifically to this demographic. To ensure the affordability of these housing units, Victory Brookside Inc also offers related social services. This holistic approach ensures that senior citizens can not only reside in a suitable living space but also benefit from essential services.

Is Victory Brookside Inc legitimate?

Victory Brookside Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Victory Brookside 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: $28,581

For more financial information, click here

What is the mission statement of Victory Brookside Inc?

Victory Brookside Inc, as a organization, is committed to providing affordable housing for low-income senior citizens. They operate 56 rental apartment units specifically designed for this demographic. In addition to offering housing, Victory Brookside also provides essential social services to ensure the affordability and accessibility of their accommodations. This holistic approach ensures that low-income senior citizens not only have a place to live but also receive the necessary support services. By doing so, Victory Brookside Inc contributes to the well-being and independence of its residents, thereby enriching their living experience.

Who is the CEO of Victory Brookside Inc?

Leila A Finucane is the President & Ceo of Victory Brookside Inc. The CEO's salary of Victory Brookside Inc is $0 and their total compensation is $436,876.

What is the revenue of Victory Brookside Inc?

Victory Brookside Inc's revenue in 2022 was $394,265.

Who are the executives of Victory Brookside Inc and what are their salaries?


Here are 9 key members and their salaries (Victory Brookside Inc's CEO's salary is $0 and their total compensation is $436,876):


Leila A Finucane (President & Ceo)
  • Compensation: $0
  • Related: $389,466
  • Other: $47,410
Jacqueline R Smedley (Vice President)
  • Compensation: $0
  • Related: $269,415
  • Other: $32,393
Michelle M Limeres (Treasurer)
  • Compensation: $0
  • Related: $238,041
  • Other: $40,020
Jeffrey Blackwell (Asst Secretary)
  • Compensation: $0
  • Related: $230,196
  • Other: $39,711
Sarah Orielly Incoming (Secretary)
  • Compensation: $0
  • Related: $96,409
  • Other: $20,428
Edward Creskoff Outgoing (Secretary)
  • Compensation: $0
  • Related: $103,259
  • Other: $11,825
Julie Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Daniel Carson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Farrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Victory Brookside Inc?

Victory Brookside Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Victory Brookside Inc

Victory Brookside Inc, a nonprofit organization, is dedicated to providing affordable housing and essential services for low-income senior citizens. Their mission is twofold: firstly, to offer 56 rental apartment units that cater specifically to this demographic; and secondly, to supplement these living arrangements with relevant social services. This holistic approach ensures that the elderly residents can maintain a comfortable living standard while receiving the necessary support they may need. By offering these comprehensive services, Victory Brookside Inc plays a significant role in promoting affordable housing for senior citizens, contributing to their overall well-being.

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Impact




October, 2024

Victory Brookside Inc significantly impacts the community by providing affordable housing solutions for low-income senior citizens in Rockville, MD. With 56 rental apartment units, the organization ensures that vulnerable seniors have access to safe and affordable living arrangements. Additionally, Victory Brookside offers essential social services tailored to meet the needs of these individuals, ensuring not just housing, but also support that enhances their overall quality of life. By prioritizing accessible living environments and related services, Victory Brookside plays a pivotal role in addressing the challenges faced by senior citizens in securing stable housing.




This information is meant to be a general summary of Victory Brookside 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
$394,265 (2022)
Expenses
$357,183 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6
  • Program Service Revenue: $394,259
  • Gross Receipts: $394,265

Assets and Liabilities:

  • Total Assets: $1,269,533
  • Total Liabilities: $959,209
  • Net Assets: $310,324

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Programs

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

Affordable Housing

Revenue

$350,698

Fees & Contracts Gov Ag

Revenue

$40,172

Miscellaneous Income

Revenue

$3,389

Organization Details

Founding Year

2012

Principal Officer

Leila A Finucane

Main Address

11400 Rockville Pike STE 505, Rockville, MD, 20852

NTEE Category

Code: L22 - Housing

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