Overview
What is Columbia Villa Apartments Corporation?
Columbia Villa Apartments Corporation serves as the managing entity for a low-income housing tax credit partnership. Their primary mission is to provide subsidized housing for individuals and families who are Section 8 eligible and fall under the low-income bracket. Through this partnership, they offer housing to 36 families, helping to improve their living situations and contribute to the community. While the information provided does not mention any additional programs or services, it is clear that Columbia Villa Apartments Corporation is dedicated to promoting affordable housing options for those in need.
Is Columbia Villa Apartments Corporation legitimate?
Columbia Villa Apartments Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Columbia Villa Apartments Corporation submitted a form 990EZ, 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.
What is the mission statement of Columbia Villa Apartments Corporation?
Columbia Villa Apartments Corporation serves as the general partner in a low-income housing tax credit partnership. Their primary mission is to provide housing for low-income individuals who are eligible for Section 8 assistance. This partnership results in the availability of 36 subsidized housing units. The corporation's objective is to assist in meeting the housing needs of those with limited financial resources, thereby contributing to a more equitable living situation for this specific demographic.
Who is the CEO of Columbia Villa Apartments Corporation?
Chance Barrett is the President of Columbia Villa Apartments Corporation.
What is the revenue of Columbia Villa Apartments Corporation?
Columbia Villa Apartments Corporation's revenue in 2022 was $8,973.
Who are the executives of Columbia Villa Apartments Corporation and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990EZ for Columbia Villa Apartments Corporation?
Columbia Villa Apartments Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Columbia Villa Apartments Corporation
Columbia Villa Apartments Corporation serves as the general partner in low income housing tax credit partnerships, providing subsidized housing for section 8 eligible citizens. Their mission is centered around offering affordable living spaces to individuals who fall under this income category, ensuring that they have access to suitable housing. By being the general partner in these partnerships, Columbia Villa Apartments Corporation plays a crucial role in facilitating the provision of 36 housing units that cater to this specific demographic. Their mission aligns with the goal of providing affordable housing solutions for low income citizens, thereby contributing to a more equitable living environment.
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Impact
October, 2024
Columbia Villa Apartments Corporation plays a pivotal role in addressing housing challenges in Kalispell, Montana, by providing affordable housing for low-income, Section 8-eligible citizens. By serving as the general partner in a low-income housing tax credit partnership, the corporation manages 36 subsidized units that ensure access to safe and stable housing for individuals and families in need.
The impact of Columbia Villa extends beyond just providing shelter; it contributes to the overall well-being of the community by offering a stable living environment that can enhance residents' quality of life. This support allows tenants to redirect their financial resources towards other essential needs such as healthcare, education, and transportation, fostering a pathway towards greater economic stability.
Moreover, Columbia Villa's commitment to creating affordable housing helps alleviate the pressures of housing insecurity in the region, promoting a healthier and more vibrant community. The presence of such housing options is crucial in ensuring that all citizens, regardless of income level, have the opportunity to reside in safe and supportive environments.
This information is meant to be a general summary of Columbia Villa Apartments 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $299
- Program Service Revenue: $8,674
- Gross Receipts: $8,973
Assets and Liabilities:
- Total Assets: $59,267
- Total Liabilities: $0
- Net Assets: $59,267
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Organization Details
Phone
(406) 752-6565Principal Officer
Chance Barrett
Main Address
PO BOX 8300, KALISPELL, MT, 59904
NTEE Category
Code: L20 - Housing
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