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Qls Villa Inc

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

EIN: 582198892 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Qls Villa Inc?

Qls Villa Inc is a nonprofit organization situated in Atlanta, Georgia, with a postal address. Their primary mission is to offer 64 subsidized housing units to low-income elderly residents, ensuring affordable living options within the community. The organization operates with a team of 13 dedicated individuals, working tirelessly to uphold this mission. The organization's purpose is to enhance the living conditions of elderly residents in Atlanta, ensuring they have access to safe and affordable housing.

Is Qls Villa Inc legitimate?

Qls Villa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Qls Villa 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 Qls Villa Inc?

QLS Villa Inc, as an organization, is dedicated to serving the housing needs of low-income elderly individuals. Their primary mission is to provide 64 affordable rental units, supported by HUD assistance, ensuring that these residents have access to suitable living accommodations. By offering affordable housing, QLS Villa Inc contributes to enhancing the living conditions and providing a sense of security for its residents. The organization's goal is to empower its residents to maintain a dignified and independent lifestyle, thereby improving their overall quality of life.

Who is the CEO of Qls Villa Inc?

Dr Richard D Ashe is the President of Qls Villa Inc.

What is the revenue of Qls Villa Inc?

Qls Villa Inc's revenue in 2022 was -$117,667.

Who are the executives of Qls Villa Inc and what are their salaries?

There are 13 employees at Qls Villa Inc.


Here are 5 key members and their salaries:


Dr Richard D Ashe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emma J Fountain (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Delores H Hampton (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles A Lingo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Adeyemi Toure (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Qls Villa Inc?

Qls Villa Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Qls Villa Inc

QLS Villa Inc, as a nonprofit organization, is dedicated to providing affordable housing solutions for low-income elderly residents. Their mission is to offer 64 HUD-assisted housing units, ensuring that elderly individuals in need have a secure and affordable place to call home. By offering these affordable rental units, QLS Villa Inc aims to contribute positively to the community by providing a vital service that can significantly improve the quality of life for its residents.

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Impact




October, 2024

QLS Villa Inc plays a significant role in addressing the housing needs of low-income elderly residents in Atlanta, Georgia. By providing 64 affordable rental units, the organization creates a supportive living environment that enhances the quality of life for its residents.

The availability of HUD-assisted housing makes it possible for elderly individuals, who often face financial hardships, to secure stable and affordable living arrangements. This contributes not only to individual well-being but also fosters a sense of community among residents, promoting social engagement and reducing isolation. Additionally, by focusing on affordable housing, QLS Villa Inc helps alleviate some of the pressures faced by vulnerable populations in the housing market, positively impacting overall community stability.




This information is meant to be a general summary of Qls Villa 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
-$117,667 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $27
  • Gross Receipts: $624,697

Assets and Liabilities:

  • Total Assets: $866,206
  • Total Liabilities: $41,919
  • Net Assets: $824,287

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Organization Details

Founding Year

1995

Principal Officer

Dr Richard D Ashe

Main Address

PO Box 311045, Atlanta, GA, 30331

NTEE Category

Code: L210 - Housing

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