Overview
What is Phoenix Villa?
Phoenix Villa is a nonprofit organization situated in Superior, Wisconsin, specifically at 1416 Cumming Avenue. Its primary mission is to provide subsidized housing for low-income senior citizens and individuals with disabilities, including those with mental health issues. This initiative, funded by the U.S. Department of Housing and Urban Development, makes affordable housing a reality for these groups, thereby breaking down income barriers. The organization operates in line with the charitable works and teachings of the Roman Catholic Church, adhering to Catholic Social teachings in its endeavors.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Phoenix Villa has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance, with a score of 79%. The rating reflects the charity's strong commitment to financial transparency, evidenced by its 100% independent board and robust financial statements, all of which are audited. The organization also has essential policies in place, such as conflict of interest and whistleblower protections, which contribute positively to its governance.
One of the notable strengths of Phoenix Villa is its high program expense ratio of 87.62%, meaning that a significant portion of its funds is directed toward its programs rather than administrative overhead. This focus on programmatic spending suggests that the organization is dedicated to fulfilling its mission effectively. Additionally, the presence of detailed board meeting minutes enhances transparency and accountability, which are crucial for donor trust.
However, the charity's liabilities to assets ratio indicates a potential concern, scoring only 0 out of 15 points in this area, with a ratio of 122.08%. This could suggest financial challenges that may need to be addressed in the future. Overall, while Phoenix Villa demonstrates strong governance and effective program spending, attention to its financial liabilities may be necessary to maintain its stability and growth.
This AI summary has been generated from information found on Charity Navigator.
Is Phoenix Villa legitimate?
Phoenix Villa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phoenix Villa 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: $683,994
For more financial information, click here
What is the mission statement of Phoenix Villa?
Phoenix Villa's mission revolves around providing housing opportunities for seniors and individuals with disabilities. They strive to create safe and affordable living spaces, adhering to the principles of the Roman Catholic Church and Catholic Social teachings. This mission is carried out with the objective of removing financial barriers for low-income individuals, ensuring they can access affordable housing through subsidies from the U.S. Department of Housing and Urban Development. The organization's housing units, totaling 334, cater to senior citizens and people with disabilities, thereby promoting inclusivity and accessibility.
Who is the CEO of Phoenix Villa?
Alan Rock is the Principal Officer of Phoenix Villa.
What is the revenue of Phoenix Villa?
Phoenix Villa's revenue in 2022 was $3,558,998.
Who are the executives of Phoenix Villa and what are their salaries?
There 5 volunteers at Phoenix Villa.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Phoenix Villa?
Phoenix Villa's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Phoenix Villa
Phoenix Villa, a nonprofit organization, is dedicated to providing safe and affordable housing for senior citizens and individuals with disabilities. Guided by the teachings of the Roman Catholic Church and its emphasis on charitable works, Phoenix Villa's mission is to eliminate financial barriers for these vulnerable groups, enabling them to secure suitable living accommodations. Through its subsidized housing initiatives, the organization offers 334 units to eligible individuals, ensuring that low-income individuals have access to affordable housing options. Phoenix Villa's mission aligns with Catholic Social teachings, which emphasize the importance of community, dignity, and the pursuit of the common good, making it a compassionate and essential resource for its target population.
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Impact
July, 2024
Phoenix Villa provides essential subsidized housing for low-income senior citizens, developmentally disabled individuals, and mentally ill people in Superior, WI. By offering 334 units of affordable housing, the organization directly addresses the pressing need for safe and accessible housing for vulnerable populations. This housing assistance not only improves the quality of life for these individuals but also contributes to creating a more inclusive and supportive community. Phoenix Villa's impact can be seen through the tangible difference it makes in providing homes and stability to those who need it most.
This information is meant to be a general summary of Phoenix Villa. 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: $359
- Program Service Revenue: $1,300,019
- Gross Receipts: $3,558,998
Assets and Liabilities:
- Total Assets: $6,846,792
- Total Liabilities: $8,751,899
- Net Assets: -$1,905,107
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant Fees
Revenue
$1,300,019
Organization Details
Founding Year
1980
Phone
(715) 394-6617Principal Officer
Alan Rock
Main Address
1416 Cumming Ave, Superior, WI, 54880
NTEE Category
Code: L22Z - Housing
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