Overview
What is Independence Village Inc?
Independence Village Inc, situated in Mountain Home, Arkansas, functions as a HUD Housing Complex, catering to the elderly population. Adhering to income guidelines, the complex offers 20 living units. The primary purpose of Independence Village is to serve as a beacon of affordability for senior citizens in need, delivering essential housing solutions. By doing so, the organization contributes to enhancing the living standards and independence of this vulnerable demographic.
Is Independence Village Inc legitimate?
Independence Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independence Village Inc 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 Independence Village Inc?
Independence Village Inc's mission is centered around providing affordable housing solutions for senior individuals who meet specific income requirements. This mission is carried out through the operation of a Hud Housing Complex, offering 20 units specifically designed for the elderly population. The organization's primary goal is to cater to the housing needs of seniors in need, thereby ensuring they have access to a suitable living environment.
Who is the CEO of Independence Village Inc?
Brad Cummings is the President of Independence Village Inc.
What is the revenue of Independence Village Inc?
Independence Village Inc's revenue in 2022 was $125,210.
Who are the executives of Independence Village Inc and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990EZ for Independence Village Inc?
Independence Village Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Independence Village Inc
Independence Village, as a nonprofit organization, is dedicated to serving the needs of elderly individuals. Its mission is to provide them with affordable housing options. Situated within its remit is the operation of 20 units specifically designed for senior residents who qualify based on income standards. By adhering to this mission, Independence Village aims to alleviate the housing challenges faced by many seniors, thereby ensuring they can maintain a dignified living standard.
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Impact
October, 2024
Independence Village Inc significantly impacts the community by providing affordable housing to elderly individuals in Mountain Home, AR. By offering 20 units specifically designed for seniors who meet income guidelines, Independence Village addresses a crucial need for accessible and safe housing for this vulnerable population. The availability of these units helps alleviate the financial burden on seniors, allowing them to remain independent and secure in their living arrangements.
Furthermore, the presence of a HUD housing complex fosters a sense of community among residents, promoting social interactions and support networks that can enhance the quality of life for elderly individuals. Overall, Independence Village plays a vital role in improving living conditions for seniors, contributing to their well-being and ensuring they have a stable home environment.
This information is meant to be a general summary of Independence Village 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $131
- Program Service Revenue: $125,079
- Gross Receipts: $125,210
Assets and Liabilities:
- Total Assets: $446,673
- Total Liabilities: $376,627
- Net Assets: $70,046
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Organization Details
Principal Officer
Brad Cummings
Main Address
315 W 6TH STREET SUITE 1, MOUNTAIN HOME, AR, 72653
NTEE Category
Code: L21Z - Housing
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