Overview
What is Villa San Luis Charitable Trust?
Villa San Luis Charitable Trust is a nonprofit organization that provides housing solutions for the elderly and disabled elderly, specifically operating a 100-unit apartment complex in Laredo. Their primary focus is on senior citizens and retirement communities, offering a supportive living environment. The organization's mission is to serve this specific demographic, ensuring they have access to comfortable and suitable housing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Villa San Luis Charitable Trust has received a Three-Star rating from Charity Navigator, reflecting a solid score of 79%. This rating is based entirely on their Accountability & Finance score, demonstrating effective management of financial resources. The organization has achieved full marks in critical areas, such as having a wholly independent board and a strong conflict of interest policy.
Strengths of the Villa San Luis Charitable Trust include their high program expense ratio of 92.91%, indicating that the majority of funds raised are directed towards their charitable programs. Additionally, they have a commendable liabilities to assets ratio of 6.54%, showcasing financial stability. The presence of comprehensive policies such as a whistleblower policy and documented board meeting minutes further contributes to their accountability.
However, while the Trust has demonstrated strong financial practices, it is essential to consider that the rating reflects only one aspect of assessment. Potential donors may want to investigate further into the outcomes of the programs funded by the Trust to gain a complete picture of their impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Villa San Luis Charitable Trust legitimate?
Villa San Luis Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Villa San Luis Charitable Trust 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: $181,855
For more financial information, click here
What is the mission statement of Villa San Luis Charitable Trust?
The Villa San Luis Charitable Trust focuses on providing housing solutions for the elderly and those with disabilities, specifically through a 100-unit apartment complex. Their mission is centered around senior citizens and retirement communities, aiming to offer a comfortable living environment for this demographic. The organization does not disclose any additional mission statements or objectives beyond their housing project.
Who is the CEO of Villa San Luis Charitable Trust?
Gerardo Valdez is the Board Chairm of Villa San Luis Charitable Trust.
What is the revenue of Villa San Luis Charitable Trust?
Villa San Luis Charitable Trust's revenue in 2022 was $783,714.
Who are the executives of Villa San Luis Charitable Trust and what are their salaries?
The average compensation at Villa San Luis Charitable Trust during 2022 was $20,206. There are 9 employees at Villa San Luis Charitable Trust.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Villa San Luis Charitable Trust?
Villa San Luis Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Villa San Luis Charitable Trust
Villa San Luis Charitable Trust is dedicated to providing housing solutions for the elderly and the elderly handicapped. This nonprofit organization operates a 100-unit apartment complex, specializing in senior citizens housing and retirement communities. The Villa San Luis Charitable Trust's mission is to offer a secure and comfortable living environment for this specific demographic, aiming to enhance their quality of life.
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Impact
July, 2024
Villa San Luis Charitable Trust has made a significant impact by providing a housing project for the elderly and elderly handicapped in Laredo, TX. With its 100-unit apartment complex, the organization has specialized in creating a supportive community for senior citizens, offering them a comfortable and secure living environment. This has allowed many elderly individuals to have access to affordable housing and essential care services, improving their quality of life and well-being.
This information is meant to be a general summary of Villa San Luis Charitable Trust. 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: $171
- Program Service Revenue: $306,840
- Gross Receipts: $783,787
Assets and Liabilities:
- Total Assets: $2,260,399
- Total Liabilities: $147,856
- Net Assets: $2,112,543
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SECTION 8 LOW INCOME HOUSING
Revenue
$306,840
Organization Details
Phone
(956) 724-3351Principal Officer
Gerardo Valdez
Main Address
201 E PLUM ST, LAREDO, TX, 78040
NTEE Category
Code: L22Z - Housing
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