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Valverde Inc

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

EIN: 953882838 ✦ Culver city, CA ✦ Designated as a 501(c)(3)

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Overview

What is Valverde Inc?

Valverde Inc, located in Culver City, California, is a nonprofit organization dedicated to serving the developmentally disabled population. The organization operates a group home, housing 13 units in Reseda, California. Valverde Inc's mission is to provide a living environment for this population, focusing on teaching independent living skills. Regulated by the Department of Housing and Urban Development (HUD), the organization adheres to specific guidelines regarding rental charges and operational methods. The primary goal is to support and empower individuals with developmental disabilities, enabling them to lead more independent lives.


Official website here: www.ecf.net

Is Valverde Inc legitimate?

Valverde Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valverde Inc 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: $130,657

For more financial information, click here


Official website here: www.ecf.net

What is the mission statement of Valverde Inc?

Valverde Inc's mission is centered around providing a group home for individuals with developmental disabilities. The organization is dedicated to facilitating an environment that promotes independent living skills. Regulated by the Department of Housing and Urban Development (HUD), Valverde Inc ensures that the rent and operating methods adhere to specific guidelines. Located in Reseda, California, the establishment houses 13 units, each designed to encourage personal growth and self-sufficiency for its residents. The programs offered within the group home aim to equip the residents with essential life skills, thereby enhancing their overall independence.


Official website here: www.ecf.net

Who is the CEO of Valverde Inc?

Veronica Arteaga is the Board Chair of Valverde Inc. The CEO's salary of Valverde Inc is $0 and their total compensation is $362,511.


Official website here: www.ecf.net

What is the revenue of Valverde Inc?

Valverde Inc's revenue in 2022 was $205,732.


Official website here: www.ecf.net

Who are the executives of Valverde Inc and what are their salaries?

There 5 volunteers at Valverde Inc.


Here are 8 key members and their salaries (Valverde Inc's CEO's salary is $0 and their total compensation is $362,511):


Leslie B Abell Esq (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Washington (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven P Beltran Esq (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley I Smith Esq (Board 1St Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anil Ranavat (Board 2Nd Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott D Bowling (President/Ceo)
  • Compensation: $0
  • Related: $356,895
  • Other: $5,616
Denise L Orme (Cfo (Left 7/21))
  • Compensation: $5,711
  • Related: $185,229
  • Other: $4,078
Sonhui Robilotta (Cfo (Start 7/21))
  • Compensation: $4,422
  • Related: $84,022
  • Other: $852


Official website here: www.ecf.net

Where can I find the form 990 for Valverde Inc?

Valverde Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ecf.net

Learn more at the official website: www.ecf.net

Mission Statement of Valverde Inc

Valverde Inc, a nonprofit organization, is dedicated to providing a group home for individuals who are developmentally disabled. Its mission is centered around offering a living environment that fosters independence and skill development for this population. The organization's programs, regulated by the Department of Housing and Urban Development (HUD), are meticulously designed to teach these individuals essential living skills. The group home, housing 13 units, is located in Reseda, California, but the information provided does not specify the details of the home or the services offered within it.

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Impact




October, 2024

Valverde Inc significantly impacts the developmentally disabled population by providing a supportive group home environment that encourages independent living. Located in Reseda, California, the facility features 13 units designed to cater to the unique needs of its residents. Through structured programs regulated by the Department of Housing and Urban Development (HUD), Valverde Inc focuses on teaching essential life skills, fostering autonomy, and enhancing the overall quality of life for individuals with developmental disabilities. This commitment not only contributes to personal development but also promotes community integration and inclusion. By offering a safe and nurturing space, Valverde Inc plays a crucial role in empowering individuals to lead fulfilling lives.




This information is meant to be a general summary of Valverde Inc. 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
$205,732 (2022)
Expenses
$287,222 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11
  • Program Service Revenue: $55,557
  • Gross Receipts: $205,732

Assets and Liabilities:

  • Total Assets: $245,025
  • Total Liabilities: $942,193
  • Net Assets: -$697,168

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Programs

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

LOW INCOME HOUSING REN

Revenue

$55,557

Organization Details

Founding Year

1983

Principal Officer

Veronica Arteaga

Main Address

5350 MACHADO ROAD, CULVER CITY, CA, 90230

NTEE Category

Code: P99 - Human services

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