Caritas Villa

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

EIN: 930986405 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is Caritas Villa?

Caritas Villa is a nonprofit organization located in Portland, Oregon, specifically at 2740 SE Powell BLVD 5, 97202. Their primary focus is on providing affordable housing for elderly and disabled individuals. They operate a 30-unit apartment complex, ensuring a comfortable, secure, and clean environment for their residents. The U.S. Department of Housing and Urban Development plays a significant role in their operations, regulating the rents to maintain affordability. The organization's mission is to enhance the quality of life for its residents, offering them a supportive and safe living space.


Official website here: www.none

Is Caritas Villa legitimate?

Caritas Villa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caritas 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: $33,094

For more financial information, click here


Official website here: www.none

What is the mission statement of Caritas Villa?

Caritas Villa, as an organization, is dedicated to providing low-income housing for the elderly and disabled. Their mission is accomplished through a 30-unit apartment complex, which aims to offer comfort, security, and a clean environment to enhance the quality of life for its residents. Financing for this project comes from the U.S. Department of Housing and Urban Development, which also regulates the rents of the complex. In essence, Caritas Villa strives to offer a comfortable and secure living space for those in need, ensuring affordability through governmental funding.


Official website here: www.none

Who is the CEO of Caritas Villa?

Marci Pierce is the Chairman of Caritas Villa.


Official website here: www.none

What is the revenue of Caritas Villa?

Caritas Villa's revenue in 2023 was $451,597.


Official website here: www.none

Who are the executives of Caritas Villa and what are their salaries?

There 5 volunteers at Caritas Villa.


Here are 5 key members and their salaries:


Joe Schneid (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Duffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Bauman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jen Walter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Jonsson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990 for Caritas Villa?

Caritas Villa's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Caritas Villa

Caritas Villa, a corporation, is committed to providing low-income housing for the elderly and disabled individuals. With a 30-unit apartment complex, Caritas Villa offers a sanctuary that prioritizes comfort, security, and cleanliness, aiming to enhance the quality of life for its residents. The project receives financial backing from the U.S. Department of Housing and Urban Development, which regulates the rents of the property among other responsibilities. In essence, Caritas Villa serves as a reliable and supportive living space for the elderly and disabled population, ensuring they live in a secure and clean environment, while also managing the rental costs to make it affordable.

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Impact




October, 2024

Caritas Villa significantly enhances the lives of elderly and disabled individuals by providing affordable housing in a 30-unit apartment complex. This initiative addresses the critical need for secure and clean living environments tailored for low-income residents. By creating a community that prioritizes comfort and safety, Caritas Villa fosters a sense of belonging and stability, which is essential for the well-being of its residents. Moreover, the collaboration with the U.S. Department of Housing and Urban Development ensures that rent remains manageable, allowing residents to focus on their quality of life without financial strain. Overall, Caritas Villa plays a vital role in improving the living conditions for some of the most vulnerable members of society by promoting dignity and enhancing their overall quality of life.




This information is meant to be a general summary of Caritas 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.

Revenue
$451,597 (2023)
Expenses
$431,857 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $616
  • Program Service Revenue: $92,861
  • Gross Receipts: $451,597

Assets and Liabilities:

  • Total Assets: $958,736
  • Total Liabilities: $1,421,606
  • Net Assets: -$462,870

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Programs

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

RENTAL INCOME

Revenue

$90,867

TENANT CHARGES AND FEE

Revenue

$1,994

Organization Details

Founding Year

1986

Principal Officer

Marci Pierce

Main Address

2740 SE POWELL BLVD 5, PORTLAND, OR, 97202

Website

www.none

NTEE Category

Code: L22 - Housing

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