Victory Lakeside Inc

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

EIN: 462901904 ✦ Rockville, MD ✦ Designated as a 501(c)(3)

Overview

What is Victory Lakeside Inc?

Victory Lakeside Inc, situated in Rockville, Maryland, serves as a public housing facility with a compassionate mission. Their primary focus revolves around providing affordable housing and essential services to the community. By offering these vital amenities, Victory Lakeside Inc aims to contribute positively to the lives of its residents, making a tangible difference in their daily lives.


Is Victory Lakeside Inc legitimate?

Victory Lakeside Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Victory Lakeside 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,958

For more financial information, click here


What is the mission statement of Victory Lakeside Inc?
Who is the CEO of Victory Lakeside Inc?
What is the revenue of Victory Lakeside Inc?
Who are the executives of Victory Lakeside Inc and what are their salaries?
Where can I find the form 990 for Victory Lakeside Inc?

Mission Statement of Victory Lakeside Inc

Victory Lakeside Inc, a nonprofit organization, is committed to providing affordable housing and essential services. Their mission is centered around making a significant impact in the lives of individuals by offering reasonably priced housing options and supporting services. By prioritizing affordability and service provision, Victory Lakeside Inc strives to create an environment where individuals can thrive and focus on other aspects of their lives.

Impact

This information is meant to be a general summary of Victory Lakeside Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Victory Lakeside Inc's impact lies in providing affordable housing and services at its public housing facility in Rockville, Maryland. By offering affordable housing options, Victory Lakeside Inc helps individuals and families in the community secure stable living arrangements and access necessary services. This impact extends to improving overall quality of life for residents and contributing to the economic and social well-being of the Rockville area.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $12
  • Program Service Revenue: $733,697
  • Gross Receipts: $733,709

    • Assets and Liabilities:
  • Total Assets: $3,042,781
  • Total Liabilities: $2,415,733
  • Net Assets: $627,048
  • Programs

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

    Affordable Housing Rent

    Revenue

    $531,807

    Miscellaneous Revenue

    Revenue

    $29,388

    Fees & Contracts Gov Ag

    Revenue

    $122,994

    Partner Admin Fee

    Revenue

    $49,508

    Organization Details

    Founding Year

    2012

    Principal Officer

    Leila A Finucane

    Main Address

    11400 Rockville Pike STE 505, Rockville, MD, 20852

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Victory Lakeside Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.