Overview
What is Villa De Amistad Of San Antonio Texas?
Villa De Amistad of San Antonio Texas is a nonprofit organization, specifically dedicated to providing affordable housing options for the elderly and handicapped individuals. Situated in San Antonio, Texas, the organization operates under the HUD's Section 8 subsidy program. Their primary mission is to ensure that these vulnerable groups have access to suitable housing, making their living situation more comfortable and secure. The organization's activities are centered around this mission, aiming to improve the quality of life for these individuals by offering them affordable housing solutions.
Official website here: www.villadeamistad.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Villa De Amistad of San Antonio, Texas, has received an overall score of 84%, reflecting a solid performance based entirely on its Accountability & Finance beacon. The high rating indicates strong financial health, with the organization maintaining a low liabilities-to-assets ratio of 4.07% and a commendable program expense ratio of 90.60%. This suggests that a significant portion of their funds is directed towards their programs and services, demonstrating effective resource allocation.
The organization boasts a fully independent board, scoring 100% for independent board members, which strengthens its governance. It also excels in financial oversight, evidenced by a perfect score related to its audit and oversight committee. The presence of documented board meeting minutes further enhances transparency, indicating a commitment to accountability in its operations.
However, there are notable limitations in Villa De Amistad's governance practices as they lack a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These missing policies may raise some concerns regarding governance practices and risk management, despite its overall financial stability and independent oversight.
This AI summary has been generated from information found on Charity Navigator.
Is Villa De Amistad Of San Antonio Texas legitimate?
Villa De Amistad Of San Antonio Texas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Villa De Amistad Of San Antonio Texas 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: $158,003
For more financial information, click here
Official website here: www.villadeamistad.com
What is the mission statement of Villa De Amistad Of San Antonio Texas?
Villa De Amistad, an organization, is dedicated to providing affordable housing for the elderly and handicapped individuals. This is achieved through their participation in the Section 8 program, a subsidy scheme managed by the HUD (Department of Housing and Urban Development). The primary objective is to ensure that these vulnerable groups have access to housing that fits their financial capabilities. The organization's mission is to enhance the living conditions of these individuals, providing them with a sense of security and independence.
Official website here: www.villadeamistad.com
What is the revenue of Villa De Amistad Of San Antonio Texas?
Villa De Amistad Of San Antonio Texas's revenue in 2024 was $1,092,199.
Official website here: www.villadeamistad.com
Who are the executives of Villa De Amistad Of San Antonio Texas and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.villadeamistad.com
Where can I find the form 990 for Villa De Amistad Of San Antonio Texas?
Villa De Amistad Of San Antonio Texas's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.villadeamistad.com
Learn more at the official website: www.villadeamistad.com
Mission Statement of Villa De Amistad Of San Antonio Texas
Villa De Amistad, a nonprofit organization, is dedicated to providing affordable housing solutions for the elderly and handicapped individuals. Under the guidance of the U.S. Department of Housing and Urban Development (HUD) and the Section 8 subsidy program, this organization offers housing opportunities that cater to the specific needs of this vulnerable population. By offering subsidized housing, Villa De Amistad ensures that eligible individuals are not left without a safe and comfortable living space, thereby contributing to their overall well-being and quality of life.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Villa De Amistad of San Antonio, Texas, plays a crucial role in providing affordable housing for elderly and handicapped individuals under the Section 8 program. By offering housing options with HUD Section 8 subsidies, Villa De Amistad enables vulnerable populations to access safe and suitable living arrangements that they might not otherwise afford. This impact extends beyond mere housing provision, as it directly contributes to the wellbeing and quality of life of these individuals. Through its mission to provide affordable housing for elderly and handicapped persons under Section 8 subsidies, Villa De Amistad significantly enhances the well-being and dignity of those in need within the San Antonio community.
This information is meant to be a general summary of Villa De Amistad Of San Antonio Texas. 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 2024.
- Investment Income: $34,614
- Program Service Revenue: $1,057,585
- Gross Receipts: $1,092,199
Assets and Liabilities:
- Total Assets: $1,423,839
- Total Liabilities: $58,038
- Net Assets: $1,365,801
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTAL INCOME
Revenue
$1,057,585
Organization Details
Founding Year
1979
Principal Officer
Michael Passmore
Website
www.villadeamistad.comNTEE Category
Code: L21Z - Housing
If you are a representative of Villa De Amistad Of San Antonio Texas and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.