Overview
What is Villa Yucatan Inc?
Villa Yucatan Inc is a nonprofit organization situated in Pasadena, California. Established in 1972, its primary purpose is to offer quality living accommodations for low-income families. It operates under the Section 236 of the National Housing Act of 1937 and is regulated by the United States Department of Housing and Urban Development (HUD). HUD provides federal funding for the project through their Section 8 Housing Assistance Program. Villa Yucatan Inc's rental housing project, consisting of fourteen units, is designed to cater to qualified low-income residents, thereby contributing to their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating.
Villa Yucatan Inc has received an overall score of 86%, which is derived solely from its Accountability & Finance metrics. This score reflects the organization’s strong commitment to financial transparency and governance, as evidenced by its perfect scores in areas such as independent board membership and financial oversight. The charity demonstrated responsible financial management with a 0.00% liabilities to assets ratio, indicating a solid financial position.
The organization also scored highly for its program expense ratio, with 100% of its expenses directed towards its programs. This highlights Villa Yucatan Inc's focus on effectively utilizing its resources to support its mission. Additionally, the presence of a conflict of interest policy and the documentation of board meeting minutes further underscore the charity's commitment to accountability.
While the overall rating is commendable, it is important to note that the score is based solely on financial accountability without additional metrics related to effectiveness or impact. Potential donors and supporters may want to consider seeking further information about the charity's program outcomes and community impact in addition to its financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Villa Yucatan Inc legitimate?
Villa Yucatan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Villa Yucatan 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: $0
For more financial information, click here
What is the mission statement of Villa Yucatan Inc?
Villa Yucatan Inc, being a non-profit organization, is committed to providing high-quality living accommodations for families with low income. Established in 1972, the organization's primary purpose is to acquire, develop, and operate a housing project under Section 236 of the National Housing Act of 1937. The United States Department of Housing and Urban Development (HUD) regulates such projects, and they receive federal funding through HUD's Section 8 Housing Assistance Program. Villa Yucatan Inc's mission is to offer a comfortable living environment for those in financial need, contributing to their overall well-being.
Who is the CEO of Villa Yucatan Inc?
Gwendolyn White is the Board Chairman of Villa Yucatan Inc.
What is the revenue of Villa Yucatan Inc?
Villa Yucatan Inc's revenue in 2022 was $508,079.
Who are the executives of Villa Yucatan Inc and what are their salaries?
There 7 volunteers at Villa Yucatan Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Villa Yucatan Inc?
Villa Yucatan Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Villa Yucatan Inc
Villa Yucatan Inc, a non-profit organization, is committed to providing high-quality living accommodations for families with low income. Established in 1972, its mission is to acquire, develop, and manage a group home, comprising fourteen units, under Section 236 of the National Housing Act of 1937. The United States Department of Housing and Urban Development (HUD) regulates such projects, and Villa Yucatan Inc receives federal funding through HUD's Section 8 Housing Assistance Program. This support enables the organization to offer affordable housing options to qualified low-income residents.
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Impact
July, 2024
Villa Yucatan Inc's impact is felt through its provision of quality living accommodations for low-income families in Pasadena, California. Since its establishment in 1972, Villa Yucatan has been dedicated to acquiring, developing, and operating a rental housing project with fourteen units under the Section 236 of the National Housing Act of 1937. This nonprofit organization plays a vital role in providing affordable housing for qualified low-income residents, with support from the United States Department of Housing and Urban Development (HUD) through the Section 8 Housing Assistance Program. Villa Yucatan's mission to offer housing stability and security to those in need contributes positively to the community and helps address the ongoing challenge of affordable housing in the region.
This information is meant to be a general summary of Villa Yucatan 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $508,079
- Gross Receipts: $508,079
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1972
Phone
(626) 405-1042Principal Officer
Gwendolyn White
Main Address
2500 E FOOTHILL BLVD, PASADENA, CA, 91107
NTEE Category
Code: L21 - Housing
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