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Las Casas De Vida Corporation

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

EIN: 850451161 ✦ Farmington, NM ✦ Designated as a 501(c)(3)

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Overview

What is Las Casas De Vida Corporation?

Las Casas De Vida Corporation is a nonprofit organization situated in Farmington, New Mexico. With a focus on affordable housing, they have specifically designed a 19-unit apartment complex catering to the needs of low-income elderly individuals, promoting independent living for this demographic. Their mission revolves around this area, ensuring that elderly residents have access to suitable housing accommodations.

Is Las Casas De Vida Corporation legitimate?

Las Casas De Vida Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Las Casas De Vida Corporation 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: $23,940

For more financial information, click here

What is the mission statement of Las Casas De Vida Corporation?

The Las Casas De Vida Corporation is dedicated to providing affordable housing for elderly individuals who wish to maintain their independence. Their mission is clearly reflected in the establishment of a 19-unit apartment complex, specifically designed to cater to the unique needs of low-income elderly persons. This organization is committed to enhancing the living situations of this particular demographic, ensuring they can age gracefully with the necessary support.

Who is the CEO of Las Casas De Vida Corporation?

Sandy Chancey is the President of Las Casas De Vida Corporation.

What is the revenue of Las Casas De Vida Corporation?

Las Casas De Vida Corporation's revenue in 2022 was $152,201.

Who are the executives of Las Casas De Vida Corporation and what are their salaries?


Here are 3 key members and their salaries:


Sandy Chancey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scot Fishburn (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Watkins (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Las Casas De Vida Corporation?

Las Casas De Vida Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Las Casas De Vida Corporation

Las Casas De Vida Corporation is committed to providing affordable housing for the independent living needs of the elderly. Their mission is centered around creating a suitable living environment for low-income elderly individuals, with a specific focus on meeting their unique needs. The organization has demonstrated this commitment by establishing a 19-unit apartment complex, designed with the elderly in mind. This housing complex serves as a sanctuary for elderly individuals who require affordable living arrangements, ensuring they can maintain their independence with dignity.

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Impact




October, 2024

Las Casas De Vida Corporation significantly contributes to addressing housing challenges for low-income elderly individuals in Farmington, NM. By providing a specially designed 19-unit apartment complex, the organization creates a supportive environment that meets the unique needs of elderly residents, fostering independence and enhancing their quality of life. This affordable housing initiative not only alleviates financial burdens but also promotes social engagement and stability within the community, ensuring that older adults can live with dignity and security. The impact of Las Casas De Vida Corporation is profoundly felt as it helps bridge the gap in accessible housing options for an aging population, ultimately contributing to a more inclusive and supportive society.




This information is meant to be a general summary of Las Casas De Vida 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.

Revenue
$152,201 (2022)
Expenses
$174,962 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $41
  • Program Service Revenue: $69,829
  • Gross Receipts: $152,201

Assets and Liabilities:

  • Total Assets: $644,000
  • Total Liabilities: $1,179,578
  • Net Assets: -$535,578

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Programs

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

TENANT ASSISTANCE PAYMENTS

Revenue

$69,829

Organization Details

Founding Year

1998

Principal Officer

Sandy Chancey

Main Address

1816 EAST MOJAVE STREET, FARMINGTON, NM, 87401

NTEE Category

Code: L22O - Housing

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