Villa De Tularosa Housing Inc

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

EIN: 850323320 ✦ Las cruces, NM ✦ Designated as a 501(c)(3)

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Overview

What is Villa De Tularosa Housing Inc?

Villa De Tularosa Housing Inc, based in Las Cruces, New Mexico, is a nonprofit organization dedicated to providing housing solutions for low-income elderly and handicapped individuals. They manage 22 units that are financed under HUD Section 202 and receive rental assistance through HUD Section 8. Their mission is to offer a conducive living environment for individuals who may face financial or mobility challenges, ensuring they have access to safe and affordable housing.

Is Villa De Tularosa Housing Inc legitimate?

Villa De Tularosa Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Villa De Tularosa Housing 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: $5,100

For more financial information, click here

What is the mission statement of Villa De Tularosa Housing Inc?

Villa De Tularosa Housing Inc's mission is centered around providing housing solutions. Specifically, the organization focuses on serving low-income individuals and those with disabilities. They achieve this by offering housing units, which are financially backed by the U.S. Department of Housing and Urban Development (HUD) under Section 202. Additionally, the apartments receive rental assistance through HUD's Section 8 program. This housing aid aims to provide a decent living space for eligible residents, ensuring they can live with dignity and independence.

Who is the CEO of Villa De Tularosa Housing Inc?

Rose Garcia is the President of Villa De Tularosa Housing Inc.

What is the revenue of Villa De Tularosa Housing Inc?

Villa De Tularosa Housing Inc's revenue in 2022 was $282,276.

Who are the executives of Villa De Tularosa Housing Inc and what are their salaries?


Here are 2 key members and their salaries:


Rose Garcia (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamelle Lafleur (Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Villa De Tularosa Housing Inc?

Villa De Tularosa Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Villa De Tularosa Housing Inc

Villa De Tularosa Housing Inc, as stated in its mission, is dedicated to providing housing opportunities for individuals who fall under the categories of low income and handicapped persons. This nonprofit organization's primary objective is to make housing accessible to this specific demographic, ensuring they have a place to call home. The housing provided by Villa De Tularosa Housing Inc is financed under HUD Section 202, and it benefits from HUD Section 8 rental assistance. This funding and support enable the organization to offer affordable housing solutions to its target population, thereby contributing to their overall well-being and quality of life.

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Impact




October, 2024

Villa De Tularosa Housing Inc plays a crucial role in addressing housing needs for low-income and handicapped individuals in Las Cruces, NM. By offering 22 affordable rental units specifically designed for elderly and handicapped residents, the organization not only provides a safe and supportive living environment but also promotes independence and community among its residents.

The apartments are financed under the HUD Section 202 program and benefit from HUD Section 8 rental assistance, ensuring that rent remains affordable for those who might otherwise struggle to find suitable housing. This financial support mitigates the stress of housing costs, allowing residents to allocate their limited resources towards other essential needs, such as healthcare, nutrition, and personal care.

Furthermore, Villa De Tularosa contributes to the overall wellbeing of the community by fostering inclusivity. By providing housing for marginalized groups, it helps to reduce homelessness and social isolation, encouraging the development of a vibrant community where elderly and handicapped individuals can thrive. Through its dedicated mission, Villa De Tularosa Housing Inc positively impacts the lives of its residents and the broader Las Cruces community.




This information is meant to be a general summary of Villa De Tularosa Housing 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.

Revenue
$282,276 (2022)
Expenses
$191,590 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10
  • Program Service Revenue: $45,384
  • Gross Receipts: $282,276

Assets and Liabilities:

  • Total Assets: $810,666
  • Total Liabilities: $954,507
  • Net Assets: -$143,841

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

APARTMENT RENTAL

Revenue

$63,699

RENTAL CONCESSIONS VACANCIES

Revenue

-$1,210

APARTMENT VACANCIES

Revenue

-$17,105

Organization Details

Principal Officer

Rose Garcia

Main Address

210 EAST IDAHO, LAS CRUCES, NM, 88005

NTEE Category

Code: L21 - Housing

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