Overview
What is Villa Sierra Madre Inc?
Villa Sierra Madre Inc is a nonprofit organization situated in Denver, Colorado, specifically at 6240 Smith Road. Their primary mission is to offer affordable housing solutions for families falling under the low- and moderate-income bracket. Established in Silverthorne, Colorado, the organization houses a total of 60 units, contributing positively to the community by providing affordable living spaces. While the information does not detail any extensive research or global outreach, Villa Sierra Madre Inc's primary focus remains on meeting the housing needs of local families in Colorado, serving a crucial role in the community's social fabric with a staff of 10 dedicated individuals.
Official website here: www.archdiocesanhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Villa Sierra Madre Inc has received an 81% rating from Charity Navigator, indicating a solid performance in accountability and finance. The charity's score is based entirely on its accountability and finance metrics, reflecting a strong adherence to best practices in financial management. The high score suggests a commitment to transparency and responsible stewardship of resources.
The organization demonstrates notable strengths, including a fully independent board and robust financial oversight mechanisms. With a program expense ratio of 90.22%, the majority of its spending is directed towards its mission. Additionally, the charity has established policies for conflict of interest, whistleblower protection, and document retention, which further enhance its governance profile.
However, there are limitations to consider, such as the liabilities to assets ratio, which scored 0 out of 15 points. This suggests potential concerns regarding financial stability that may need to be addressed. Overall, while Villa Sierra Madre Inc shows strong accountability practices, stakeholders may want to look closely at its financial ratios for a fuller picture of its fiscal health.
This AI summary has been generated from information found on Charity Navigator.
Is Villa Sierra Madre Inc legitimate?
Villa Sierra Madre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Villa Sierra Madre 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
For more financial information, click here
Official website here: www.archdiocesanhousing.org
What is the mission statement of Villa Sierra Madre Inc?
Villa Sierra Madre Inc is committed to providing affordable housing options for families with low and moderate income levels. Their mission is to make housing accessible for these families, ensuring they have a place to call home without breaking their budgets. This organization strives to meet the housing needs of various families, offering a 60-unit complex as an example of their commitment. By providing affordable housing, Villa Sierra Madre Inc contributes to the well-being and stability of these families.
Official website here: www.archdiocesanhousing.org
Who is the CEO of Villa Sierra Madre Inc?
Philip Vottiero is the Vp Of Develo of Villa Sierra Madre Inc.
Official website here: www.archdiocesanhousing.org
What is the revenue of Villa Sierra Madre Inc?
Villa Sierra Madre Inc's revenue in 2022 was $658,033.
Official website here: www.archdiocesanhousing.org
Who are the executives of Villa Sierra Madre Inc and what are their salaries?
There are 10 employees and 4 volunteers at Villa Sierra Madre Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $161,899
- Other: $39,999
- Compensation: $0
- Related: $154,011
- Other: $19,832
- Compensation: $0
- Related: $115,423
- Other: $7,321
- Compensation: $0
- Related: $81,452
- Other: $38,596
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.archdiocesanhousing.org
Where can I find the form 990 for Villa Sierra Madre Inc?
Villa Sierra Madre Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.archdiocesanhousing.org
Learn more at the official website: www.archdiocesanhousing.org
Mission Statement of Villa Sierra Madre Inc
Villa Sierra Madre Inc, as a nonprofit organization, is dedicated to providing affordable housing solutions for families with low-to-moderate income levels. Their mission is to create living spaces that are accessible and affordable for these families, ensuring they have a secure and stable living environment. By offering affordable housing, Villa Sierra Madre Inc plays a crucial role in promoting economic stability and social well-being within the community. Their commitment to this cause is evident in their operation of a 60-unit housing complex, which provides a home for numerous families in need.
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Impact
July, 2024
Villa Sierra Madre Inc's impact lies in providing essential affordable housing for low- and moderate-income families in Silverthorne, Colorado. As a vital resource in the community, this 60-unit housing complex helps address the pressing need for accessible housing options. By offering a stable and secure living environment, Villa Sierra Madre Inc contributes to enhancing the overall well-being and quality of life for individuals and families facing financial challenges. Their mission to provide affordable housing aligns with the critical societal need for ensuring that all members of the community have a place to call home.
This information is meant to be a general summary of Villa Sierra Madre 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: $1,011
- Program Service Revenue: $657,022
- Gross Receipts: $658,033
Assets and Liabilities:
- Total Assets: $3,146,541
- Total Liabilities: $2,898,159
- Net Assets: $248,382
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFORDABLE HOUSING RENTS
Revenue
$655,069
OTHER TENANT CHARGES
Revenue
$1,953
Organization Details
Founding Year
2012
Phone
(303) 830-0215Principal Officer
Philip Vottiero
Main Address
6240 SMITH ROAD, DENVER, CO, 80216
Website
www.archdiocesanhousing.orgNTEE Category
Code: L21 - Housing
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