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Christian Village Of Western Virginia Inc

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

EIN: 541762539 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(3)

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Overview

What is Christian Village Of Western Virginia Inc?

Christian Village of Western Virginia Inc., a Virginia-based nonprofit corporation, was established with the purpose of owning and managing a 45-unit apartment community in Roanoke, Virginia, named Christian Village of Western Virginia. This community operates under Section 202 of the Housing Act of 1959, providing affordable housing for low-income elderly individuals. The organization has a regulatory agreement with the Federal Housing Administration (FHA) and the Department of Housing and Urban Development (HUD) to ensure proper operation. In the usual course of business, Christian Village of Western Virginia Inc. leases apartment units to its elderly residents, typically under one-year lease terms.

Is Christian Village Of Western Virginia Inc legitimate?

Christian Village Of Western Virginia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian Village Of Western Virginia 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: $0

For more financial information, click here

What is the mission statement of Christian Village Of Western Virginia Inc?

Christian Village of Western Virginia Inc. was established as a non-profit corporation with the mission to own and manage a 45-unit apartment community, catering to low-income elderly individuals. Based on Section 202 of the Housing Act of 1959, the corporation operates under a regulatory agreement with the Federal Housing Administration (FHA) of the Department of Housing and Urban Development (HUD). The organization leases apartments to eligible elderly individuals on a yearly basis, offering them safe and affordable housing solutions. The corporation's primary role is to provide a living environment for low-income elderly individuals, ensuring their well-being and comfort in the community.

Who is the CEO of Christian Village Of Western Virginia Inc?

Sonny Hughes is the President of Christian Village Of Western Virginia Inc.

What is the revenue of Christian Village Of Western Virginia Inc?

Christian Village Of Western Virginia Inc's revenue in 2022 was $279,519.

Who are the executives of Christian Village Of Western Virginia Inc and what are their salaries?


Here are 11 key members and their salaries:


Sonny Hughes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Barden (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Sears (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Grubbs (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
El Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teressa Pearson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frances Morgan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Neagle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Sutton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Heath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Gary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Christian Village Of Western Virginia Inc?

Christian Village Of Western Virginia Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Christian Village Of Western Virginia Inc

Christian Village of Western Virginia, Inc., a Virginia-based non-profit corporation, was established with a mission to own and operate a 45-unit apartment community, known as Christian Village of Western Virginia. The organization's objective, as per Section 202 of the Housing Act of 1959, is to provide affordable housing for low-income elderly individuals. The corporation has entered into a regulatory agreement with the Federal Housing Administration (FHA) section of the Department of Housing and Urban Development (HUD). Under normal business operations, Christian Village of Western Virginia, Inc. leases apartment units to eligible elderly individuals, typically on one-year leases.

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Impact




October, 2024

Christian Village of Western Virginia Inc significantly impacts the lives of low-income elderly individuals in the Roanoke, Virginia area by providing affordable housing options. Operating a 45-unit apartment community, it addresses the critical need for accessible living arrangements tailored for seniors who may face financial challenges.

Through its management of the Christian Village of Western Virginia, the organization offers a safe and supportive environment where elderly residents can enjoy independence while receiving necessary assistance. The leasing terms, which are typically one year, allow residents to have stability in their housing situation, fostering a sense of community and belonging.

The organization aligns with federal housing initiatives, specifically under Section 202 of the Housing Act of 1959, ensuring compliance with regulations set by the Federal Housing Administration (FHA) and the Department of Housing and Urban Development (HUD). This regulatory framework not only reinforces the quality of the housing provided but also enhances accountability and transparency in operations.

In essence, Christian Village of Western Virginia Inc plays a vital role in enhancing the quality of life for elderly residents, promoting both dignity and security as they navigate their later years.




This information is meant to be a general summary of Christian Village Of Western Virginia 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
$279,519 (2022)
Expenses
$320,091 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $167
  • Program Service Revenue: $133,926
  • Gross Receipts: $279,519

Assets and Liabilities:

  • Total Assets: $966,631
  • Total Liabilities: $2,373,683
  • Net Assets: -$1,407,052

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Programs

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

RENTAL INCOME

Revenue

$133,926

Organization Details

Founding Year

1993

Principal Officer

Sonny Hughes

Main Address

PO BOX 25168, WINSTONSALEM, NC, 27114

NTEE Category

Code: L22 - Housing

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