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Sila Corporation

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

EIN: 541439016 ✦ Tasley, VA ✦ Designated as a 501(c)(3)

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Overview

What is Sila Corporation?

Sila Corporation is a nonprofit organization situated in Tasley, Virginia. Their primary mission is to offer housing solutions for individuals with mental disadvantages, serving the communities of Accomack and Northampton Counties. They accomplish this mission with the support of federal programs such as HUD Section 202 and Section 8. Sila Corporation's work is instrumental in providing a secure living environment for those in need, thereby contributing to the overall well-being of these communities.

Is Sila Corporation legitimate?

Sila Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sila Corporation submitted a form 990EZ, 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.

What is the mission statement of Sila Corporation?

Sila Corporation is committed to providing housing solutions for individuals with mental disadvantages in Accomack and Northampton Counties. They accomplish this mission with the assistance of HUD Section 202 and Section 8 programs. The corporation's primary objective is to offer a supportive living environment, aiming to improve the quality of life for these individuals. Operating from Tasley, VA, Sila Corporation is dedicated to making a positive impact in the community by providing affordable and secure housing options.

Who is the CEO of Sila Corporation?

Peggy Shaeffer is the Secretary of Sila Corporation.

What is the revenue of Sila Corporation?

Sila Corporation's revenue in 2023 was $160,026.

Who are the executives of Sila Corporation and what are their salaries?


Here are 9 key members and their salaries:


Eve Belote (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard L Hubbard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Shaeffer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Freeman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andre Elliott (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Thornes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Wilder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roxane Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Sila Corporation?

Sila Corporation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Sila Corporation

Sila Corporation, a nonprofit organization, is dedicated to serving the mentally disadvantaged community in Accomack and Northampton Counties. Its mission is to provide suitable housing solutions for this vulnerable population, leveraging the support of HUD Section 202 and Section 8 programs. By offering housing, Sila Corporation aims to create a safe and supportive environment where these individuals can live with dignity and independence. The organization's efforts are essential in addressing the housing needs of the mentally disadvantaged, contributing to their overall well-being and integration into society.

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Impact




October, 2024

Sila Corporation significantly impacts the communities of Accomack and Northampton Counties by addressing the pressing need for housing among individuals with mental disabilities. By utilizing HUD Section 202 and Section 8 programs, Sila Corporation is able to facilitate access to affordable and supportive housing, which is crucial for improving the quality of life for its residents. Located in Tasley, VA, the organization is dedicated to creating a safe and nurturing environment that fosters independence and dignity for those it serves. Through its mission, Sila Corporation plays a vital role in enhancing community well-being and ensuring that vulnerable populations receive the support they need to thrive.




This information is meant to be a general summary of Sila Corporation. 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
$160,026 (2023)
Expenses
$126,874 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $30
  • Program Service Revenue: $64,548
  • Gross Receipts: $160,026

Assets and Liabilities:

  • Total Assets: $356,389
  • Total Liabilities: $461,359
  • Net Assets: -$104,970

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Organization Details

Principal Officer

Peggy Shaeffer

Main Address

PO BOX 318, TASLEY, VA, 23441

NTEE Category

Code: P73Z - Human services

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