Overview
What is Villa At Meadow View Inc?
Villa At Meadow View Inc is a nonprofit organization situated in Tewksbury, Massachusetts. Established under Section 202 of the National Affordable Housing Act, their primary mission is to provide housing for low-income elderly individuals. The organization operates a 33-unit project, regulated by the HUD, ensuring affordable rental charges and adherence to specific operating methods. Their project, which began operations in July 2014, aims to enhance the living conditions for senior citizens with limited financial resources, contributing to a supportive community in Tewksbury. The organization currently employs a team of five individuals.
Is Villa At Meadow View Inc legitimate?
Villa At Meadow View Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Villa At Meadow View 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: $103,426
For more financial information, click here
What is the mission statement of Villa At Meadow View Inc?
Villa At Meadow View Inc's mission is centered around operating a housing project for low-income elderly individuals, following the guidelines of Section 202 of the National Affordable Housing Act. This project is regulated by HUD, ensuring that rental charges and operating methods adhere to specific standards. The organization commenced operations in July 2014, with the primary aim of providing a suitable living environment for this specific demographic. The project, under the supervision of HUD, aims to ensure affordable and reliable housing solutions for the elderly population.
Who is the CEO of Villa At Meadow View Inc?
Tammy O'Donnell is the President of Villa At Meadow View Inc.
What is the revenue of Villa At Meadow View Inc?
Villa At Meadow View Inc's revenue in 2022 was $401,253.
Who are the executives of Villa At Meadow View Inc and what are their salaries?
The average compensation at Villa At Meadow View Inc during 2022 was $20,685. There are 5 employees at Villa At Meadow View Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $227,974
- Other: $45,371
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- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Villa At Meadow View Inc?
Villa At Meadow View Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Villa At Meadow View Inc
Villa At Meadow View Inc is committed to operating a housing project specifically designed for low-income elderly individuals. This project, which consists of 33 units, falls under Section 202 of the National Affordable Housing Act. The organization is regulated by HUD, ensuring that the rental charges and operating methods adhere to specific standards. The project's operations began in July 2014, and Villa At Meadow View Inc's mission is to provide a safe and affordable living environment for this vulnerable population. The organization ensures that the needs of its residents are met while adhering to the regulations set forth by HUD.
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Impact
October, 2024
Villa At Meadow View Inc significantly impacts the community by providing affordable housing options for low-income elderly individuals in Tewksbury, Massachusetts. Operating a 33-unit housing project under Section 202 of the National Affordable Housing Act, it addresses the critical need for accessible living spaces for seniors, ensuring they can find safe and stable housing.
Since its operations began in July 2014, Villa At Meadow View has played a vital role in enhancing the quality of life for its residents, offering them not only a place to live but also a supportive environment. This housing initiative alleviates the financial burdens on elderly residents, allowing them to maintain their independence while living in a community tailored to their needs.
Regulated by HUD to ensure fair rental charges and effective operating methods, Villa At Meadow View exemplifies a commitment to long-term, affordable living solutions. The impact of this project resonates throughout the community, fostering a sense of security and belonging for its residents.
This information is meant to be a general summary of Villa At Meadow View 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: $68
- Program Service Revenue: $398,100
- Gross Receipts: $401,253
Assets and Liabilities:
- Total Assets: $5,646,310
- Total Liabilities: $35,609
- Net Assets: $5,610,701
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$398,100
Organization Details
Founding Year
2012
Phone
(978) 851-7392Principal Officer
Tammy O'Donnell
Main Address
100 CORINNE WAY, TEWKSBURY, MA, 01876
NTEE Category
Code: L21 - Housing
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