Overview
What is Villa San Luis Charitable Trust Inc?
Villa San Luis Charitable Trust Inc is a nonprofit organization situated in Laredo, Texas, with a specific focus on providing housing solutions for the elderly and the elderly handicapped. Established with a 72-unit apartment complex, their mission is dedicated to offering a comfortable living environment for this demographic. With a committed workforce of six individuals, Villa San Luis Charitable Trust Inc is actively contributing to the well-being of the elderly and handicapped community in the area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Villa San Luis Charitable Trust Inc has achieved a 79% score on Charity Navigator, reflecting a solid performance primarily in the area of Accountability & Finance. This rating indicates that the organization is managing its resources effectively and operates with a high level of transparency.
The charity demonstrates strong governance with a fully independent board, comprising 100% independent members. It has received high marks for policies regarding conflict of interest, whistleblower protections, and document retention, which indicates a commitment to ethical practices. Additionally, the organization maintains low liabilities relative to its assets, showcasing financial stability.
However, while the organization performs well in accountability and financial management, the score is based solely on one aspect of its operations. Future evaluations may benefit from a broader range of metrics to provide a more comprehensive view of its overall impact and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Villa San Luis Charitable Trust Inc legitimate?
Villa San Luis Charitable Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Villa San Luis Charitable Trust 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: $128,415
For more financial information, click here
What is the mission statement of Villa San Luis Charitable Trust Inc?
Villa San Luis Charitable Trust Inc's mission revolves around providing housing solutions. Specifically, they focus on a 72-unit apartment complex designed for the elderly and elderly handicapped. This project aims to provide a suitable living environment for this demographic, offering them a secure and supportive community. The trust's activities are centered around this housing project, ensuring the needs of the elderly and handicapped are met with care and consideration.
Who is the CEO of Villa San Luis Charitable Trust Inc?
Gerardo Valdez is the President of Villa San Luis Charitable Trust Inc.
What is the revenue of Villa San Luis Charitable Trust Inc?
Villa San Luis Charitable Trust Inc's revenue in 2022 was $597,135.
Who are the executives of Villa San Luis Charitable Trust Inc and what are their salaries?
The average compensation at Villa San Luis Charitable Trust Inc during 2022 was $21,402. There are 6 employees at Villa San Luis Charitable Trust Inc.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Villa San Luis Charitable Trust Inc?
Villa San Luis Charitable Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Villa San Luis Charitable Trust Inc
Villa San Luis Charitable Trust Inc is dedicated to providing housing solutions for the elderly and elderly handicapped. Their mission is to develop and operate a 72-unit apartment complex, serving as a sanctuary for this vulnerable population. This housing project aims to offer a safe and comfortable living environment, catering to the unique needs of the elderly and those with handicaps. The organization's focus on this specific demographic underscores its commitment to ensuring that the elderly have access to suitable housing, enabling them to maintain their dignity and independence.
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Impact
July, 2024
Villa San Luis Charitable Trust Inc's impact can be seen in the support and housing provided to elderly and elderly handicapped individuals through their 72-unit apartment complex in Laredo, TX. This initiative not only offers affordable housing options but also creates a supportive community for seniors in need. By focusing on this demographic, the trust is addressing an important societal issue and making a meaningful difference in the lives of vulnerable individuals.
This information is meant to be a general summary of Villa San Luis Charitable Trust 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: $699
- Program Service Revenue: $141,723
- Gross Receipts: $597,135
Assets and Liabilities:
- Total Assets: $996,648
- Total Liabilities: $49,259
- Net Assets: $947,389
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SEC 8 LOW INCOME HOUSING
Revenue
$141,723
Organization Details
Phone
(956) 724-3351Principal Officer
Gerardo Valdez
Main Address
300 ALLENDE ST, LAREDO, TX, 78041
NTEE Category
Code: L22Z - Housing
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