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Salem Village

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

EIN: 911685447 ✦ Mount vernon, WA ✦ Designated as a 501(c)(3)

Overview

What is Salem Village?

Salem Village is a nonprofit organization situated in Mount Vernon, Washington, with a mailing address at 3100 N 30TH STREET MAIL BOX 2, 98273. Their primary mission is to offer affordable and safe housing to senior adults in Skagit County. They have two developments, Salem Village II and Highland Greens II, and also provide low-income housing through Salem Village Apartments. The organization's goal is to create a caring community for senior adults and promote low-income housing within the state of Washington, contributing to their well-being and quality of life. They employ a small team of two individuals to carry out their mission.


Is Salem Village legitimate?

Salem Village is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salem Village 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.

Here are some key statistics you may want to consider:

Executive Compensation: $122,140
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,670

For more financial information, click here


What is the mission statement of Salem Village?
Who is the CEO of Salem Village?
What is the revenue of Salem Village?
Who are the executives of Salem Village and what are their salaries?
Where can I find the form 990 for Salem Village?

Mission Statement of Salem Village

Salem Village, a nonprofit organization, is dedicated to providing affordable and safe housing for senior adults in Skagit County. Its mission extends beyond just offering housing; it aims to create quality living facilities and services for senior adults in a nurturing community. Furthermore, Salem Village contributes to fostering low-income housing opportunities within the state of Washington. They achievethis through their developments, such as Salem Village II and Highland Greens II, which provide senior adults with high-quality housing, and Salem Village Apartments, where they offer low-rental housing to individuals with low income.

Impact

This information is meant to be a general summary of Salem Village. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Salem Village has had a significant impact on the community by providing affordable and safe housing for seniors in Skagit County. Its focus on providing quality housing facilities and services in a caring community has positively impacted the lives of many senior adults. By offering low rental housing to individuals with low incomes, Salem Village has contributed to addressing the housing needs of vulnerable populations in Mount Vernon, Washington. Through its mission to foster low-income housing in the state, Salem Village has played a crucial role in promoting access to housing for seniors in need.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $96,308
  • Program Service Revenue: $761,440
  • Gross Receipts: $857,748

    • Assets and Liabilities:
  • Total Assets: $11,255,875
  • Total Liabilities: $10,058,018
  • Net Assets: $1,197,857
  • Programs

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

    RENTAL INCOME

    Revenue

    $399,374

    ACCOMMODATION FEES

    Revenue

    $203,700

    MAINTENANCE FEES

    Revenue

    $158,366

    Organization Details

    Founding Year

    1995

    Principal Officer

    Gene Van Selus

    Main Address

    3100 N 30TH STREET MAIL BOX 2, MOUNT VERNON, WA, 98273

    NTEE Category

    Code: X22 - Religion related

    If you are a representative of Salem Village and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.