Skaalen Village Inc

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

EIN: 020663908 ✦ Stoughton, WI ✦ Designated as a 501(c)(3)

Overview

What is Skaalen Village Inc?

Skaalen Village Inc is a nonprofit organization situated in Stoughton, Wisconsin. Their primary mission is to offer affordable housing for senior adults aged 62 and above. The organization owns 57 single-story condominium units, each equipped with two bedrooms, designed for independent living. These units are maintenance-free and come with various ancillary and support services to ensure a secure environment for their residents. The ultimate goal of Skaalen Village Inc is to cater to the retirement housing needs of the elderly population in the area.


Is Skaalen Village Inc legitimate?

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

Here 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 Skaalen Village Inc?
Who is the CEO of Skaalen Village Inc?
What is the revenue of Skaalen Village Inc?
Who are the executives of Skaalen Village Inc and what are their salaries?
Where can I find the form 990 for Skaalen Village Inc?

Mission Statement of Skaalen Village Inc

Skaalen Village Inc, a nonprofit organization, is dedicated to providing affordable retirement housing for seniors aged 62 and above. Their mission is to create an environment that caters to the needs of independent adults, offering them maintenance-free living quarters. These two-bedroom condominium units, numbering 57 in total, are designed to promote carefree living for the elderly. Skaalen Village Inc goes beyond just providing housing; they also offer various ancillary and support services to ensure the safety and security of their residents. These services are intended to enhance the living experience for seniors, making their retirement years more comfortable and fulfilling.

Impact

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




Wednesday, July 24, 2024

Skaalen Village Inc's impact is significant in providing affordable retirement housing for seniors aged 62 and older in Stoughton, Wisconsin. The organization owns 57 affordable single-story condominium units designed for independent adults, offering carefree living and a secure environment. With maintenance-free living and various ancillary and support services, Skaalen Village enables seniors to age comfortably and independently. Their focus on affordable housing directly contributes to the health and well-being of senior citizens in the community.





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: $10,429
  • Program Service Revenue: $472,806
  • Gross Receipts: $483,235

    • Assets and Liabilities:
  • Total Assets: $7,550,349
  • Total Liabilities: $12,001,097
  • Net Assets: -$4,450,748
  • Programs

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

    MONTHLY SERVICE FEES

    Revenue

    $408,884

    AMORTIZATION OF ENTRANCE FEES

    Revenue

    $63,922

    Organization Details

    Founding Year

    2003

    Principal Officer

    Kris Krentz

    Main Address

    400 NORTH MORRIS STREET, STOUGHTON, WI, 53589

    NTEE Category

    Code: E70 - Health

    If you are a representative of Skaalen Village Inc 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.