Overview
What is Villa Serena Inc?
Villa Serena Inc is a nonprofit organization situated in Redding, California, with a primary focus on addressing the housing needs of special populations in the community. Their mission is to provide affordable housing options for these specific groups, aiming to enhance their overall living situations. With this objective, Villa Serena Inc actively works towards meeting this demand, contributing positively to the community they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Villa Serena Inc has earned a rating of 79% from Charity Navigator, indicating a solid performance in accountability and finance, as the score is derived entirely from this aspect. The organization has demonstrated strong governance practices, with a fully independent board and comprehensive policies in place for conflict of interest, whistleblowing, and document retention.
Notably, Villa Serena Inc shows a commendable program expense ratio of 97.08%, reflecting a high percentage of funds directed towards its mission. However, the organization faces a significant challenge with a liabilities to assets ratio of 143.60%, which may raise concerns regarding its financial stability. Overall, while its operational practices are robust, financial health remains an area needing attention.
This AI summary has been generated from information found on Charity Navigator.
Is Villa Serena Inc legitimate?
Villa Serena Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Villa Serena 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: $0
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What is the mission statement of Villa Serena Inc?
Villa Serena Inc's mission is centered around providing affordable housing for individuals with special needs, contributing to the betterment of their communities. The organization's primary goal is to ensure that these populations have access to suitable living spaces, promoting inclusivity and equality within society. By offering affordable housing options, Villa Serena Inc aims to improve the quality of life for these individuals, enabling them to live with dignity and independence. The organization's activities are dedicated to this mission, continuously working towards creating more housing opportunities for those with special needs.
Who is the CEO of Villa Serena Inc?
Keith Hunting is the Principal Officer of Villa Serena Inc.
What is the revenue of Villa Serena Inc?
Villa Serena Inc's revenue in 2022 was $70,507.
Who are the executives of Villa Serena Inc and what are their salaries?
There 1 volunteer at Villa Serena Inc.
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Where can I find the form 990 for Villa Serena Inc?
Villa Serena Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Villa Serena Inc
Villa Serena Inc is committed to a noble mission. This nonprofit organization focuses on providing affordable housing for special needs populations within their communities. By doing so, Villa Serena Inc aims to contribute positively to the lives of these vulnerable populations, offering them a secure and supportive living environment. The organization's mission is centered around the belief that everyone deserves a safe and affordable place to call home, regardless of their unique needs. By providing affordable housing, Villa Serena Inc strives to foster independence, dignity, and a sense of community for its residents.
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Impact
August, 2024
Villa Serena Inc's impact is significant in providing affordable housing for special needs populations in our communities. By offering a place to live that is tailored to the unique needs of these individuals, Villa Serena Inc is ensuring that they have a safe and supportive environment in which to thrive. This not only improves the quality of life for those who benefit from their services but also contributes to creating a more inclusive and compassionate society.
This information is meant to be a general summary of Villa Serena 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: $50
- Program Service Revenue: $70,457
- Gross Receipts: $70,507
Assets and Liabilities:
- Total Assets: $1,955,510
- Total Liabilities: $2,728,755
- Net Assets: -$773,245
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other Revenue
Revenue
$71
Rental
Revenue
$70,386
Organization Details
Founding Year
1996
Phone
(530) 247-3359Principal Officer
Keith Hunting
Main Address
2400 Washington Avenue, Redding, CA, 96001
NTEE Category
Code: L20 - Housing
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