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Virginia Crest Village Inc C/O East Coast Property Mgt Inc

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

EIN: 510375203 ✦ Milford, DE ✦ Designated as a 501(c)(3)

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Overview

What is Virginia Crest Village Inc C/O East Coast Property Mgt Inc?

Virginia Crest Village Inc C/O East Coast Property Mgt Inc is a nonprofit organization located at 977 E Masten Cir, Milford, DE 19963. Their primary mission is to provide housing for low-income, elderly, and disabled individuals, with all operations being regulated by the HUD. The organization is the owner and sponsor of a 27-unit apartment complex specifically designed for this demographic. Funding for this project was secured from the HUD. The nonprofit aims to ensure affordable and comfortable living spaces for those who require additional support, thereby contributing positively to the community.

Is Virginia Crest Village Inc C/O East Coast Property Mgt Inc legitimate?

Virginia Crest Village Inc C/O East Coast Property Mgt Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Crest Village Inc C/O East Coast Property Mgt 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: $36,275

For more financial information, click here

What is the mission statement of Virginia Crest Village Inc C/O East Coast Property Mgt Inc?

Virginia Crest Village Inc C/O East Coast Property Mgt Inc, as the owner and sponsor of a 27-unit apartment complex, is dedicated to providing housing for low-income, elderly, and disabled individuals. This commitment is backed by funding from the HUD. The corporation's activities in this area are closely regulated by HUD. In essence, Virginia Crest Village Inc aims to contribute to the well-being of vulnerable individuals by offering them a suitable living space.

Who is the CEO of Virginia Crest Village Inc C/O East Coast Property Mgt Inc?

Norman Poole is the President of Virginia Crest Village Inc C/O East Coast Property Mgt Inc.

What is the revenue of Virginia Crest Village Inc C/O East Coast Property Mgt Inc?

Virginia Crest Village Inc C/O East Coast Property Mgt Inc's revenue in 2022 was $129,768.

Who are the executives of Virginia Crest Village Inc C/O East Coast Property Mgt Inc and what are their salaries?


Here are 10 key members and their salaries:


Arsie Burton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Caldwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Veronica Hall (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Kent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clementine Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Poole (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fran Ruark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Russell (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Smack (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Virginia Crest Village Inc C/O East Coast Property Mgt Inc?

Virginia Crest Village Inc C/O East Coast Property Mgt Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Virginia Crest Village Inc C/O East Coast Property Mgt Inc

Virginia Crest Village Inc C/O East Coast Property Mgt Inc, as the owner and sponsor of a 27-unit apartment complex, is dedicated to providing housing for low-income, elderly, and disabled individuals. The corporation's mission is accomplished through funding provided by HUD, ensuring that it complies with all necessary regulations to maintain a safe and suitable living environment for its residents. By offering housing to this specific demographic, Virginia Crest Village Inc C/O East Coast Property Mgt Inc is contributing to the well-being and support of individuals who may face challenges in securing adequate housing otherwise.

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Impact




October, 2024

Virginia Crest Village Inc C/O East Coast Property Mgt Inc plays a crucial role in providing stable housing for low-income, elderly, and disabled individuals in Milford, DE. By owning and managing a 27-unit apartment complex, it addresses significant housing needs within the community, ensuring that vulnerable populations have access to safe and affordable living arrangements.

The organization leverages funding from HUD to maintain and regulate the apartments, which allows residents to live with dignity while receiving the support they need. This initiative not only enhances the quality of life for its residents but also contributes to the overall health and stability of the community by fostering an inclusive environment where all individuals can thrive. Through its efforts, Virginia Crest Village helps alleviate housing insecurity and promotes social well-being among some of the most underserved populations.




This information is meant to be a general summary of Virginia Crest Village Inc C/O East Coast Property Mgt 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
$129,768 (2022)
Expenses
$201,162 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $56
  • Program Service Revenue: $129,712
  • Gross Receipts: $129,768

Assets and Liabilities:

  • Total Assets: $1,118,543
  • Total Liabilities: $2,035,386
  • Net Assets: -$916,843

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Programs

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

HUD RENTAL SUBSIDY

Revenue

$72,019

TENANT RENTAL INCOME

Revenue

$55,131

LAUNDRY AND VENDING

Revenue

$1,980

TENANT CHARGES

Revenue

$582

Organization Details

Founding Year

1998

Principal Officer

Norman Poole

Main Address

977 E MASTEN CIR, MILFORD, DE, 19963

NTEE Category

Code: L22 - Housing

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