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Victory Redevelopment Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 760649339 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Victory Redevelopment Corporation?

Victory Redevelopment Corporation is a nonprofit organization situated in Houston, Texas, specifically at 2640 Fountainview Suite 409. Their primary mission is to promote community welfare by offering affordable housing options to low-income families residing in Houston and Harris County, Texas. Beyond providing housing, they also offer support services to the residents of these housing units, aiming to enhance their living conditions and well-being.

Is Victory Redevelopment Corporation legitimate?

Victory Redevelopment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Victory Redevelopment Corporation 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: $0

For more financial information, click here

What is the mission statement of Victory Redevelopment Corporation?

Victory Redevelopment Corporation aims to improve community welfare by offering decent and affordable housing to low-income families. This mission extends beyond providing housing, as the organization also offers support services to the residents of these housing units. Through its activities, the corporation aims to positively impact the lives of those in need, promoting a sense of community and well-being. The corporation derives deductions from its pass-through activities related to this mission, ensuring that it remains committed to its goal of providing affordable housing and support services.

Who is the CEO of Victory Redevelopment Corporation?

Mark Thiele is the Secretary of Victory Redevelopment Corporation.

What is the revenue of Victory Redevelopment Corporation?

Victory Redevelopment Corporation's revenue in 2022 was $6,322.

Who are the executives of Victory Redevelopment Corporation and what are their salaries?


Here are 3 key members and their salaries:


Larence Snowden (President & Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristy Kirkendoll (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Thiele (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Victory Redevelopment Corporation?

Victory Redevelopment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Victory Redevelopment Corporation

Victory Redevelopment Corporation is committed to improving community welfare by providing decent, affordable housing to low-income families. Their mission extends beyond just providing housing; they also offer support services to the residents living in these affordable homes. This nonprofit organization strives to make a significant impact in the lives of those in need, contributing to a more prosperous community. By focusing on affordable housing, Victory Redevelopment Corporation is helping to ensure that families have a stable living environment, which can greatly impact their overall well-being. Additionally, the provision of support services to these residents further enhances their quality of life, aiding them in overcoming various challenges.

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Impact




August, 2024

Victory Redevelopment Corporation's impact is substantial in the city of Houston and Harris County, Texas, where it focuses on providing decent, affordable housing to low-income families. Through its activities, it plays a crucial role in promoting community welfare by addressing the housing needs of underserved populations. This organization's efforts contribute to creating stable and supportive living environments for vulnerable families, ultimately helping to improve their quality of life and overall well-being.




This information is meant to be a general summary of Victory Redevelopment Corporation. 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.

Revenue
$6,322 (2022)
Expenses
$5,674 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,322
  • Gross Receipts: $6,322

Assets and Liabilities:

  • Total Assets: -$304,941
  • Total Liabilities: $11,722
  • Net Assets: -$316,663

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Organization Details

Founding Year

2000

Principal Officer

Mark Thiele

Main Address

2640 FOUNTAINVIEW SUITE 409, HOUSTON, TX, 77057

NTEE Category

Code: L80 - Housing

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