Shenandoah Valley Lutheran Housing Inc T/A Luther Crest

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

EIN: 521306161 ✦ Roanoke, VA ✦ Designated as a 501(c)(3)

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Overview

What is Shenandoah Valley Lutheran Housing Inc T/A Luther Crest?

Shenandoah Valley Lutheran Housing Inc, operating under the name Luther Crest, is a nonprofit organization situated in Roanoke, Virginia. Their primary mission is to provide housing assistance for elderly and handicapped individuals, ensuring their independence and well-being. They accomplish this through Section 202 rental assistance, which allows them to manage a 40-unit apartment community. This housing complex serves as a sanctuary for senior citizens who may require additional support, enriching their lives and enhancing their quality of living.


Official website here: www.vlhnet.org

Is Shenandoah Valley Lutheran Housing Inc T/A Luther Crest legitimate?

Shenandoah Valley Lutheran Housing Inc T/A Luther Crest is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shenandoah Valley Lutheran Housing Inc T/A Luther Crest 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: $68,230

For more financial information, click here


Official website here: www.vlhnet.org

What is the mission statement of Shenandoah Valley Lutheran Housing Inc T/A Luther Crest?

Shenandoah Valley Lutheran Housing Inc., operating as Luther Crest, is committed to providing housing for elderly and handicapped individuals. Their mission is accomplished through the management of an apartment community, which houses 40 units, utilizing Section 202 rental assistance. The organization strives to create a supportive living environment for its residents, ensuring they have access to suitable housing accommodations. The primary objective of Shenandoah Valley Lutheran Housing Inc. is to enhance the quality of life for its senior and disabled residents by offering them a safe and comfortable place to call home.


Official website here: www.vlhnet.org

Who is the CEO of Shenandoah Valley Lutheran Housing Inc T/A Luther Crest?

Charles Downs is the President & Ceo of Shenandoah Valley Lutheran Housing Inc T/A Luther Crest. The CEO's salary of Shenandoah Valley Lutheran Housing Inc T/A Luther Crest is $0 and their total compensation is $217,043.


Official website here: www.vlhnet.org

What is the revenue of Shenandoah Valley Lutheran Housing Inc T/A Luther Crest?

Shenandoah Valley Lutheran Housing Inc T/A Luther Crest's revenue in 2022 was $343,494.


Official website here: www.vlhnet.org

Who are the executives of Shenandoah Valley Lutheran Housing Inc T/A Luther Crest and what are their salaries?

There 10 volunteers at Shenandoah Valley Lutheran Housing Inc T/A Luther Crest.


Here are 16 key members and their salaries (Shenandoah Valley Lutheran Housing Inc T/A Luther Crest's CEO's salary is $0 and their total compensation is $217,043):


Marie Malinchak (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy K Overstreet (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev K David Skole (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev James Armentrout (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George N Arthur (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Blackwood Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hanna (Director - Finance Committ)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan P Kahill (Director - Finance Committ)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara L Phelps (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Price (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather L Neff (Former President & Ceo)
  • Compensation: $0
  • Related: $298,585
  • Other: $15,286
Gary Ventola (Former Cfo)
  • Compensation: $0
  • Related: $132,323
  • Other: $7,654
Charles Downs (President & Ceo)
  • Compensation: $0
  • Related: $196,795
  • Other: $20,248
Jennifer Hicklin (Cfo)
  • Compensation: $0
  • Related: $113,354
  • Other: $14,920
Ben Burks (Executive Director/Coo)
  • Compensation: $0
  • Related: $217,690
  • Other: $19,034


Official website here: www.vlhnet.org

Where can I find the form 990 for Shenandoah Valley Lutheran Housing Inc T/A Luther Crest?

Shenandoah Valley Lutheran Housing Inc T/A Luther Crest's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vlhnet.org

Learn more at the official website: www.vlhnet.org

Mission Statement of Shenandoah Valley Lutheran Housing Inc T/A Luther Crest

Shenandoah Valley Lutheran Housing Inc, doing business as Luther Crest, is dedicated to providing housing solutions for elderly and handicapped individuals. This nonprofit organization operates an apartment community that houses 40 residents, ensuring they have a safe and comfortable living environment. Through the use of Section 202 Rental Assistance, Shenandoah Valley Lutheran Housing Inc is able to make housing more affordable for those who may otherwise struggle to secure suitable accommodations. By offering housing to this specific demographic, the organization contributes to the well-being of seniors and individuals with disabilities, providing them with a stable living situation that supports their overall quality of life.

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Impact




October, 2024

Shenandoah Valley Lutheran Housing Inc T/A Luther Crest plays a crucial role in the community by providing safe and affordable housing for elderly and handicapped individuals. With a dedicated apartment community of 40 units, it addresses a vital need for accessible living options for seniors, ensuring they have a secure place to call home.

The organization utilizes Section 202 rental assistance, which allows low-income seniors to access subsidized housing, thus reducing financial burdens. This support not only promotes independence among residents but also enhances their quality of life by fostering a stable living environment. By catering specifically to the needs of elderly and handicapped individuals, Luther Crest contributes to the well-being and dignity of its residents, allowing them to thrive in a supportive community setting.

Overall, the impact of Luther Crest extends beyond housing; it creates a foundation for social connectivity and a sense of belonging among its residents, which is critical for their emotional and psychological health.




This information is meant to be a general summary of Shenandoah Valley Lutheran Housing Inc T/A Luther Crest. 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
$343,494 (2022)
Expenses
$352,032 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,831
  • Program Service Revenue: $326,763
  • Gross Receipts: $343,494

Assets and Liabilities:

  • Total Assets: $638,264
  • Total Liabilities: $1,091,911
  • Net Assets: -$453,647

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Programs

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

GOVT FEES & CONTRACTS

Revenue

$213,163

RENT INCOME

Revenue

$113,600

Organization Details

Founding Year

1988

Principal Officer

Charles Downs

Main Address

3807 BRANDON AVE 2440, ROANOKE, VA, 24018

NTEE Category

Code: L22 - Housing

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