Overview
What is Holy Trinity Villa Inc?
Holy Trinity Villa Inc, located in Opelousas, Louisiana, is a dedicated nonprofit organization. Its primary mission is to provide affordable housing solutions for senior citizens and individuals with disabilities, ensuring they can live with dignity and independence. With a small team of four employees, Holy Trinity Villa Inc is committed to this cause, making a significant impact in the community by offering low-rent housing options for those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (58%)
Holy Trinity Villa Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and governance practices. The organization's overall score of 58% reflects a lack of independent board members, which is critical for ensuring effective oversight and decision-making. The absence of independent members raises questions about potential conflicts of interest and the charity's commitment to transparent governance.
Despite these challenges, Holy Trinity Villa Inc has shown strengths in certain areas, including a perfect score for its program expense ratio, which indicates that all of its expenditures are directed towards its programs. Furthermore, the organization has an audit in place and has appropriately listed its conflict of interest policy. These factors demonstrate a commitment to some level of financial integrity and adherence to necessary policies.
However, limitations are evident as well. The organization is missing key transparency elements, such as an official website listed on its tax form and documents from board meeting minutes. Additionally, its liabilities to assets ratio is notably high at 178.36%, which could pose potential financial risks. Overall, while Holy Trinity Villa Inc has strong program focus, the lack of independent governance and several transparency issues warrant caution for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Holy Trinity Villa Inc legitimate?
Holy Trinity Villa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holy Trinity 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: $185,409
For more financial information, click here
What is the mission statement of Holy Trinity Villa Inc?
Holy Trinity Villa Inc, as a mission, is dedicated to providing low-cost housing for eligible elderly and handicapped individuals. Their primary objective is to ensure that these individuals have a place to reside without the burden of high rent costs. This mission is carried out through the provision of suitable housing accommodations, catering to the unique needs of the qualified elderly and handicapped population. By offering affordable housing, Holy Trinity Villa Inc plays a crucial role in enhancing the quality of life for this vulnerable group.
Who is the CEO of Holy Trinity Villa Inc?
Father Lambert Lein is the Principal Officer of Holy Trinity Villa Inc.
What is the revenue of Holy Trinity Villa Inc?
Holy Trinity Villa Inc's revenue in 2023 was $853,810.
Who are the executives of Holy Trinity Villa Inc and what are their salaries?
The average compensation at Holy Trinity Villa Inc during 2023 was $46,352. There are 4 employees at Holy Trinity Villa Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Holy Trinity Villa Inc?
Holy Trinity Villa Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Holy Trinity Villa Inc
Holy Trinity Villa Inc, a nonprofit organization, is committed to providing affordable housing solutions for eligible elderly and disabled individuals. Their primary mission is to offer low-rent housing units, catering to this specific demographic. By doing so, they contribute to ensuring that these individuals have a secure and comfortable living environment, which is essential for their well-being and overall quality of life.
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Impact
July, 2024
Holy Trinity Villa Inc provides crucial low-rent housing for qualified elderly and/or handicapped persons in Opelousas, LA. This ensures that vulnerable individuals have access to safe and affordable housing, improving their quality of life and overall well-being. By offering this essential service, Holy Trinity Villa Inc positively impacts the community by addressing housing needs for those who are most in need of support.
This information is meant to be a general summary of Holy Trinity 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $59
- Program Service Revenue: $273,909
- Gross Receipts: $853,810
Assets and Liabilities:
- Total Assets: $1,720,191
- Total Liabilities: $3,068,282
- Net Assets: -$1,348,091
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT INCOME
Revenue
$273,909
Organization Details
Phone
(337) 948-7236Principal Officer
Father Lambert Lein
Main Address
422 PERRY LANE, OPELOUSAS, LA, 70570
NTEE Category
Code: L200 - Housing
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