Overview
What is Villa St Maurice Inc?
Villa St Maurice Inc is a nonprofit organization situated in New Orleans, Louisiana, with an address at 2729 Lowerline Street. Their primary mission, as per an agreement with the Department of Housing and Urban Development (HUD), is to provide housing for elderly and disabled individuals. This is accomplished under Sections 207/223(F) of the National Housing Act. Their purpose is to ensure that these vulnerable groups have access to suitable living accommodations, thereby contributing to their overall well-being and quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating. This rating reflects strong accountability and financial health, with the charity achieving a high score of 83% overall. The rating is based entirely on its performance in the Accountability & Finance category, signifying a well-managed organization that prioritizes transparency and responsible financial practices.
Villa St Maurice Inc demonstrates several organizational strengths, including a fully independent board and comprehensive financial oversight measures. The charity has no material diversion of assets and maintains a solid conflict of interest policy. Its program expense ratio of 95.85% indicates that a significant majority of its expenditures are directed towards its programs, which speaks to its commitment to maximizing impact.
While the organization exhibits strong financial health, the lack of additional metrics may limit a more comprehensive understanding of its overall effectiveness. However, the available data suggests that Villa St Maurice Inc operates with integrity and a clear focus on its mission, making it a reliable choice for donors looking to support a financially sound nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Villa St Maurice Inc legitimate?
Villa St Maurice Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Villa St Maurice 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: $141,005
For more financial information, click here
What is the mission statement of Villa St Maurice Inc?
Villa St Maurice Inc, as per its mission, offers housing solutions for the elderly and disabled individuals. This is carried out under Section 207/223(F) of the National Housing Act, with the assistance of the Department of Housing and Urban Development, through a contractual agreement. The primary objective of Villa St Maurice Inc is to provide a safe and comfortable living environment for these individuals, promoting their independence and well-being. Their services aim to ensure that these vulnerable groups have access to essential housing facilities, thereby enhancing their quality of life. The organization's activities are guided by the principles of the National Housing Act, ensuring compliance and adherence to the necessary regulations to meet the specific needs of the elderly and disabled population.
Who is the CEO of Villa St Maurice Inc?
Deacon Dennis F Adams is the Secretary of Villa St Maurice Inc.
What is the revenue of Villa St Maurice Inc?
Villa St Maurice Inc's revenue in 2022 was $1,182,785.
Who are the executives of Villa St Maurice Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $134,458
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Villa St Maurice Inc?
Villa St Maurice Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Villa St Maurice Inc
Villa St Maurice Inc, as a nonprofit organization, is dedicated to providing housing for elderly and disabled individuals. Operating under Section 207/223(F) of the National Housing Act, Villa St Maurice Inc has entered into an agreement with the Department of HUD to fulfill this mission. This commitment involves offering suitable living arrangements to those who fall into the specified categories, aiming to enhance their quality of life and provide them with a secure and comfortable environment.
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Impact
July, 2024
Villa St Maurice Inc's impact is significant as it provides essential housing for elderly and disabled individuals under Section 207/223(f) of the National Housing Act in New Orleans, Louisiana. By offering this crucial service in collaboration with the Department of Housing and Urban Development (HUD), Villa St Maurice Inc plays a vital role in ensuring that vulnerable populations have access to safe and suitable housing options. This work directly contributes to improving the quality of life and well-being of elderly and disabled individuals in the community, fulfilling a critical need for housing assistance and support.
This information is meant to be a general summary of Villa St Maurice 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: $461
- Program Service Revenue: $1,182,324
- Gross Receipts: $1,182,785
Assets and Liabilities:
- Total Assets: $19,934,574
- Total Liabilities: $5,238,707
- Net Assets: $14,695,867
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$903,787
PPP LOAN FORGIVENESS
Revenue
$278,537
Organization Details
Founding Year
1979
Phone
(504) 596-3460Principal Officer
Deacon Dennis F Adams
Main Address
2729 LOWERLINE STREET, NEW ORLEANS, LA, 701253530
NTEE Category
Code: L22Z - Housing
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