Overview
What is Venture Villa Ii Inc?
Venture Villa II Inc is a nonprofit organization, specifically focused on serving the housing needs of low-income elderly individuals. Based on the provided information, this organization operates under Section 202 of the National Housing Act of 1959, providing a 30-unit residential apartment complex designed for this demographic. The primary mission of Venture Villa II Inc is to offer suitable living spaces for this underserved group, contributing to their well-being and ensuring they have accessible housing options.
Is Venture Villa Ii Inc legitimate?
Venture Villa Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Venture Villa Ii 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: $30,438
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What is the mission statement of Venture Villa Ii Inc?
Venture Villa II Inc. is committed to providing residential apartment complex units for individuals who fall under the category of low-income elderly. Their mission, as stated in the National Housing Act of 1959, is to offer 30 such units under Section 202. This organization focuses on creating a living space for elderly individuals with limited financial resources, ensuring they can still maintain a comfortable living standard. Venture Villa II Inc. stands as a beacon of support, providing a 30-unit residential apartment complex specifically designed for the elderly population with limited income.
Who is the CEO of Venture Villa Ii Inc?
Darrell Moore is the President of Venture Villa Ii Inc.
What is the revenue of Venture Villa Ii Inc?
Venture Villa Ii Inc's revenue in 2022 was $120,966.
Who are the executives of Venture Villa Ii Inc and what are their salaries?
The average compensation at Venture Villa Ii Inc during 2022 was $15,219. There are 2 employees and 9 volunteers at Venture Villa Ii Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Venture Villa Ii Inc?
Venture Villa Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Venture Villa Ii Inc
Venture Villa II Inc, a nonprofit organization, is committed to providing residential apartment complex units for individuals who fall under the category of low-income elderly. In line with this mission, the organization has established a 30-unit residential apartment complex, complying with Section 202 of the National Housing Act of 1959. This endeavor aims to offer suitable housing solutions for elderly individuals with limited financial resources, ensuring their living situation is both comfortable and secure.
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Impact
October, 2024
Venture Villa II Inc plays a crucial role in addressing the housing needs of low-income elderly individuals in Pryor, Oklahoma. By providing 30 units of HUD housing under Section 202 of the National Housing Act of 1959, it offers safe and affordable residential options for seniors who might otherwise struggle to find suitable living arrangements. The organization’s focus on creating a residential apartment complex tailored for low-income elderly residents alleviates housing insecurity, fostering community and independence among this vulnerable population.
Through its efforts, Venture Villa II Inc not only meets the immediate need for affordable housing but also contributes to the overall well-being of seniors in the area. Residents benefit from a stable living environment conducive to social interaction and support, promoting a healthier lifestyle. The availability of dedicated housing for low-income elderly individuals highlights the organization's commitment to enhancing the quality of life for its residents, ensuring they have a place to call home.
This information is meant to be a general summary of Venture Villa Ii 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: $44
- Program Service Revenue: $87,267
- Gross Receipts: $120,966
Assets and Liabilities:
- Total Assets: $649,890
- Total Liabilities: $1,510,104
- Net Assets: -$860,214
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant Rent
Revenue
$85,298
Laundy and Vending
Revenue
$1,390
Tenant Charges
Revenue
$579
Organization Details
Founding Year
1995
Principal Officer
Darrell Moore
Main Address
901 SE 9th, Pryor, OK, 74361
NTEE Category
Code: L22 - Housing
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