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New Vision Community Development

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

EIN: 141858545 ✦ Houston, TX ✦ Designated as a 501(c)(3)

Overview

What is New Vision Community Development?

New Vision Community Development, based in Houston, Texas, is a nonprofit organization primarily focused on senior citizens' housing and retirement communities. They offer housing solutions, specifically through a 71-unit apartment complex, catering to low-income senior residents. The organization's mission is to enhance the living conditions of the elderly, providing them with suitable and subsidized housing options. Their activities and purpose are deeply rooted in supporting the elderly community's needs.


Is New Vision Community Development legitimate?

New Vision Community Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Vision Community Development 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: $102,638

For more financial information, click here


What is the mission statement of New Vision Community Development?
Who is the CEO of New Vision Community Development?
What is the revenue of New Vision Community Development?
Who are the executives of New Vision Community Development and what are their salaries?
Where can I find the form 990 for New Vision Community Development?

Mission Statement of New Vision Community Development

New Vision Community Development, as a nonprofit organization, is dedicated to providing housing solutions for the elderly. Their mission is centered around operating senior citizens' housing and retirement communities. One of their key initiatives includes managing a 71-unit apartment complex, catering to low-income seniors. This community development organization focuses on enhancing the living conditions and ensuring a comfortable retirement for the elderly population.

Impact

This information is meant to be a general summary of New Vision Community Development. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

New Vision Community Development has positively impacted the lives of low-income seniors in Houston by providing much-needed housing through its program, Faith Village. This 71-unit apartment complex offers a safe and affordable living option for the elderly, creating a sense of community and security for its residents. With a focus on senior citizens housing and retirement communities, New Vision Community Development is addressing a critical need in the community and improving the quality of life for vulnerable seniors in Houston.





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: $1,344
  • Program Service Revenue: $177,239
  • Gross Receipts: $789,338

    • Assets and Liabilities:
  • Total Assets: $3,820,175
  • Total Liabilities: $4,856,655
  • Net Assets: -$1,036,480
  • Programs

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

    RENT REVENUE

    Revenue

    $177,239

    Organization Details

    Founding Year

    2002

    Principal Officer

    Rabbi Israel Wilhelm

    Main Address

    1580 Greensmark Drive, Houston, TX, 77067

    NTEE Category

    Code: L22 - Housing

    If you are a representative of New Vision Community Development 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.