Overview
What is Villa Maria Inc?
Villa Maria Inc is a nonprofit organization established in Colorado, specifically in Denver, with the primary objective of providing housing and related services for low-income elderly or disabled individuals. Established in 1996, the organization operates a 40-unit community in Westminster, Colorado. It receives funding and assistance from the U.S. Department of Housing and Urban Development under Section 202 of the National Housing Act, enabling it to fulfill its mission effectively. Villa Maria Inc's mission revolves around enhancing the living conditions and offering essential support services to their target demographic, contributing positively to the community.
Is Villa Maria Inc legitimate?
Villa Maria Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Villa Maria 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: $77,954
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What is the mission statement of Villa Maria Inc?
Villa Maria Inc, established in compliance with Colorado's not-for-profit statutes, was established with the primary objective of managing a 40-unit housing community. This community is intended for individuals who are elderly or disabled and fall under the category of very low-income earners. The corporation receives financial assistance and grants from the U.S. Department of Housing and Urban Development, under Section 202 of the National Housing Act, to facilitate this mission. Villa Maria Inc's mission is thus focused on providing affordable housing and related services to those in need, ensuring they can live with dignity and independence.
Who is the CEO of Villa Maria Inc?
Melissa Clayton is the President/Director of Villa Maria Inc.
What is the revenue of Villa Maria Inc?
Villa Maria Inc's revenue in 2022 was $441,632.
Who are the executives of Villa Maria Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $94,309
- Other: $16,925
- Compensation: $0
- Related: $215,449
- Other: $8,873
- Compensation: $0
- Related: $134,820
- Other: $30,258
- Compensation: $0
- Related: $228,009
- Other: $33,552
- Compensation: $0
- Related: $192,019
- Other: $31,505
- Compensation: $0
- Related: $189,811
- Other: $4,240
Where can I find the form 990 for Villa Maria Inc?
Villa Maria Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Villa Maria Inc
Villa Maria Inc, established in accordance with Colorado's not-for-profit statutes, was founded with a mission to operate a 40-unit community, providing housing and related services for elderly or disabled individuals with very low income. The organization receives support in the form of housing assistance and grants from the U.S. Department of Housing and Urban Development, under Section 202 of the National Housing Act, which has been amended. In simpler terms, Villa Maria Inc serves as a haven for economically disadvantaged elderly or disabled individuals, offering them a place to call home and essential services to enhance their quality of life.
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Impact
October, 2024
Villa Maria Inc significantly impacts the community by providing essential housing and support services tailored for very low-income elderly and disabled individuals. Located in Westminster, Colorado, the organization operates a 40-unit community that not only meets the urgent need for affordable housing but also fosters a supportive environment conducive to the well-being of its residents.
By leveraging housing assistance and grants from the U.S. Department of Housing and Urban Development, Villa Maria Inc ensures that some of the most vulnerable populations have access to safe and stable living conditions. This support helps alleviate the pressures of housing insecurity, allowing residents to focus on their health and quality of life. The provision of related services further enhances the living experience, promoting independence and community engagement among residents.
Overall, Villa Maria Inc plays a critical role in addressing the housing needs of low-income elderly and disabled persons, significantly contributing to social equity and community resilience in the Denver area.
This information is meant to be a general summary of Villa Maria 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: $68
- Program Service Revenue: $181,832
- Gross Receipts: $441,632
Assets and Liabilities:
- Total Assets: $1,702,239
- Total Liabilities: $52,818
- Net Assets: $1,649,421
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENTAL REVENUE
Revenue
$170,936
OTHER REVENUE
Revenue
$9,965
ANCILLARY SERVICES
Revenue
$931
Organization Details
Founding Year
1996
Phone
(303) 830-3300Principal Officer
Melissa Clayton
Main Address
1600 BROADWAY SUITE 2000, DENVER, CO, 802025704
NTEE Category
Code: L22 - Housing
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