Velie Real Estate Foundation

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

EIN: 850650809 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Velie Real Estate Foundation?

Velie Real Estate Foundation is a nonprofit organization situated in Minneapolis, Minnesota, with an address at 2900 Thomas Ave S Apt 2210. Their primary mission is to provide disaster and hardship relief, currently focusing on the Twin Cities area. They are actively helping individuals affected by the COVID-19 pandemic who have experienced job loss and reduced income. The organization offers short-term financial aid by covering mortgage, rent, and utility payments related to home and real estate expenses. This assistance aims to alleviate the financial strain and support those in need during challenging times.


Official website here: www.velierealestate.com

What do the Facebook reviews say about Velie Real Estate Foundation?

There are currently two reviews for the Velie Real Estate Foundation on Facebook, and they express a positive impression of the services provided. One reviewer highlighted their experience working with Bonnie, praising her calm demeanor, extensive knowledge, and ability to handle various situations effectively. They noted that her responsiveness and thoroughness consistently exceed expectations.

While the foundation is not yet rated overall, this individual feedback suggests a strong level of satisfaction with Bonnie’s approach and the support offered by the foundation, leading to a willingness to recommend it to others. Overall, the sentiments captured in these reviews indicate that the organization is trusted and highly regarded by those who have interacted with it.


This AI summary has been generated from reviews found on Facebook.

Is Velie Real Estate Foundation legitimate?

Velie Real Estate Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Velie Real Estate Foundation 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: $0

For more financial information, click here


Official website here: www.velierealestate.com

What is the mission statement of Velie Real Estate Foundation?

The Velie Real Estate Foundation is committed to providing disaster and hardship relief, with a current focus on assisting individuals in the Twin Cities area who have experienced job loss and reduced income. They accomplish this by offering short-term financial aid, specifically for mortgage, rent, and utility expenses related to home and real estate costs. During the COVID-19 pandemic, this organization has particularly aided those who have experienced diminished income due to the pandemic.


Official website here: www.velierealestate.com

Who is the CEO of Velie Real Estate Foundation?

C Decker Velie is the Director of Velie Real Estate Foundation.


Official website here: www.velierealestate.com

What is the revenue of Velie Real Estate Foundation?

Velie Real Estate Foundation's revenue in 2020 was $45,806.


Official website here: www.velierealestate.com

Who are the executives of Velie Real Estate Foundation and what are their salaries?


Here are 5 key members and their salaries:


Matt Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Hodder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Velie (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Decker Velie (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rufus Winton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.velierealestate.com

Where can I find the form 990 for Velie Real Estate Foundation?

Velie Real Estate Foundation's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.velierealestate.com

Learn more at the official website: www.velierealestate.com

Mission Statement of Velie Real Estate Foundation

Velie Real Estate Foundation, a nonprofit organization, is dedicated to offering disaster and hardship relief. With a current local focus, the foundation aims to assist individuals in the Twin Cities area who have experienced job loss and reduced income. One of their primary ways of providing aid is by offering short-term support in the form of mortgage, rent, and utility payments related to home and real estate expenses. This relief effort is particularly beneficial during times of crisis, such as the COVID-19 pandemic, when many individuals are struggling financially. The foundation's mission is to provide a lifeline to those in need, helping them navigate through difficult times and maintain their homes.

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Impact




August, 2024

Velie Real Estate Foundation's impact is significant in the Twin Cities area by providing crucial support to individuals who have experienced job loss and reduced income, especially during the COVID-19 pandemic. Specifically, the foundation offers short-term assistance with mortgage payments, rent, and utilities, helping individuals maintain stability in their housing situation despite financial hardships. Through its dedicated focus on disaster and hardship relief, the foundation plays a vital role in ensuring public safety and security for those facing economic challenges in the community.




This information is meant to be a general summary of Velie Real Estate Foundation. 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
$45,806 (2020)
Expenses
$19,524 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $45,806

Assets and Liabilities:

  • Total Assets: $26,282
  • Total Liabilities: $0
  • Net Assets: $26,282

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Organization Details

Principal Officer

C Decker Velie

Main Address

2900 THOMAS AVE S APT 2210, MINNEAPOLIS, MN, 55416

NTEE Category

Code: M20 - Public safety

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