Overview
What is Parallel Senior Villas Inc?
Parallel Senior Villas Inc is a nonprofit organization located in Kansas City, Missouri. Their primary focus is on offering affordable housing with supportive services to low-income elderly or handicapped individuals, enabling them to maintain independence. The organization operates a 41-unit apartment complex in accordance with Section 202 of the National Housing Act, specifically catering to this demographic. Their sole activity lies in providing housing, ensuring that vulnerable populations have access to a secure living environment.
Is Parallel Senior Villas Inc legitimate?
Parallel Senior Villas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parallel Senior Villas 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:
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What is the mission statement of Parallel Senior Villas Inc?
Parallel Senior Villas Inc's mission is centered around providing affordable housing and supportive services to low-income elderly or handicapped individuals. This mission enables them to live independently. The organization's primary activity revolves around the provision of housing, ensuring that those in need have a place to call home. Parallel Senior Villas Inc operates with the goal of enhancing the lives of its residents, providing them with the necessary support to live independently. They operate a 41-unit apartment complex for very low-income elderly persons, demonstrating their commitment to this mission.
Who is the CEO of Parallel Senior Villas Inc?
Randy George is the Chair of Parallel Senior Villas Inc.
What is the revenue of Parallel Senior Villas Inc?
Parallel Senior Villas Inc's revenue in 2022 was $360,598.
Who are the executives of Parallel Senior Villas Inc and what are their salaries?
There 8 volunteers at Parallel Senior Villas Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Parallel Senior Villas Inc?
Parallel Senior Villas Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Parallel Senior Villas Inc
Parallel Senior Villas Inc, a nonprofit organization, is committed to providing an essential service. Their mission is focused on offering affordable housing and supportive services to low-income elderly or handicapped individuals. This mission aims to enable these individuals to live independently, maintaining their autonomy and dignity. The organization's sole activity is dedicated to providing housing, ensuring a safe and affordable living environment for those in need. Through this mission, Parallel Senior Villas Inc contributes to the well-being and independence of its residents, enhancing their quality of life.
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Impact
October, 2024
Parallel Senior Villas Inc significantly impacts the community by offering affordable housing tailored for low-income elderly and handicapped individuals. By operating a 41-unit apartment complex in Kansas City, Kansas, the organization creates a supportive environment that encourages independence among its residents. This initiative not only addresses the critical need for accessible housing but also provides essential services that enhance the quality of life for vulnerable populations. Through its focus on affordability and support, Parallel Senior Villas Inc plays a vital role in fostering community integration and stability for the elderly and handicapped residents it serves.
This information is meant to be a general summary of Parallel Senior Villas 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: $84
- Program Service Revenue: $360,514
- Gross Receipts: $360,598
Assets and Liabilities:
- Total Assets: $3,234,475
- Total Liabilities: $5,195,247
- Net Assets: -$1,960,772
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental and ancillary Income
Revenue
$360,514
Organization Details
Founding Year
2010
Phone
(913) 788-9090Principal Officer
Randy George
Main Address
7920 WARD PARKWAY, KANSAS CITY, MO, 64114
NTEE Category
Code: L22 - Housing
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